List
of articles contributed by Sharekhan
Pepsi Bottling Group Inc said it would slash about 3,150 jobs across Europe and America
Wednesday, November 19, 2008 justsamachar.com
(
Business
)
New York: Soft drink distributor Pepsi Bottling Group Inc on Wednesday said it would slash about 3,150 jobs across Europe and America as part of its restructuring plan.
The restructuring plan is expected to result in pre-tax savings of up to $160 million upon completion, while it would lead to loss of 3,150 jobs across U.S., Canada, Europe and Mexico, a company statement said.
In the U.S. and Ca
Tags :
New-York
Pepsi
Europe
America
U.S.
Canada
Read
More | View
Comments | Submitted by : sharekhan
The Indian rupee was quoted steady against the US currency at 49.68/69 in late morning trade.
Wednesday, November 19, 2008 www.hindustantimes.com
(
Business
)
The Indian rupee was quoted steady against the US currency at 49.68/69 in late morning trade after opening weak, as expectations of a fresh set of monetary measures by the Reserve Bank to beat the liquidity crunch influenced sentiments.
In fairly wide movements at the Interbank Foreign Exchange (forex) market, the domestic currency hit a low of 49.81 a dollar immediately after resuming lower at 4
Tags :
Indian
forex
market
dollar
RBI
Sensex
Read
More | View
Comments | Submitted by : sharekhan
Investors have been increasingly turning to bank fixed deposits (FDs) as a safe shelter for their mo
Wednesday, November 19, 2008 www.dnaindia.com
(
Business
)
Here’s how someone in the highest tax bracket could do this.
With the stock market expected to continue being choppy and fixed income plans of mutual funds battered under credit concerns as well as interest rate swings, investors have been increasingly turning to bank fixed deposits (FDs) as a safe shelter for their money.
As bank interest is fully taxable (thereby reducing the effective rate),
Tags :
stock-market
FDs
relook
Read
More | View
Comments | Submitted by : sharekhan
The three biggest US automakers pleaded with Congress on Tuesday for a $25 billion lifeline.
Wednesday, November 19, 2008 www.hindustantimes.com
(
Business
)
The three biggest US automakers pleaded with Congress on Tuesday for a $25 billion lifeline to save their once-proud companies from collapse, warning of broader peril for the American economy as well.
"Our industry ... needs a bridge to span the financial chasm that has opened up before us," General Motors chief executive Rick Wagoner told the Senate Banking Committee in prepared testimony. He bl
Tags :
US
billion
American
Rick-Wagoner
Bush
Read
More | View
Comments | Submitted by : sharekhan
The slowdown has hit almost all sectors, With companies going bust and laying off employees.
Wednesday, November 19, 2008 profit.ndtv.com
(
Business
)
The slowdown has hit almost all sectors.
With companies going bust and laying off employees
in thousands, what happens to the Human Resource consultants whose sole business is head hunting?
Veera, a HR Consultant at Global Innov, leaves no stone unturned as he makes his customary calls to IT companies for placing possible candidates. But for the last couple of months, the response from the othe
Tags :
Veera
Global-Innov
IT
Wipro
TCS
Read
More | View
Comments | Submitted by : sharekhan
Citigroup, the US bank with the farthest global reach, announced the biggest round of job cuts.
Tuesday, November 18, 2008 ibnlive.in.com
(
Stock market
)
Washington: Citigroup, the US bank with the farthest global reach, announced the biggest round of job cuts since the financial crisis erupted last year, slashing 15 per cent of its workforce in a bid to return to profitability.
The cuts come on top of 23,000 reductions Citigroup had already announced and lag only the 60,000 layoffs by IBM in July 1993 as the largest ever, according to outplacemen
Tags :
Washington
Citigroup
US
global
IBM
billion
stock-markets
Read
More | View
Comments | Submitted by : sharekhan
"I'm thrilled to get my job back, but of course uncertainty still looms," confesses Sangita.
Tuesday, November 18, 2008 ibnlive.in.com
(
Business
)
Eight months ago Sangita Chawla* weighed about 85 kg. Despite this she had a dream of making it big as an airhostess. So the 24-year-old Mumbai girl went on a rigorous diet and exercise regime to cut out all the flab.
Within six months, Sangita was down to 50 kg and was all set for her dream job. She was hired by a leading aviation company, since she met all their requirements now.
Unfortunately
Tags :
Sangita-Chawla
Mumbai
Aruna-Sampat
Read
More | View
Comments | Submitted by : sharekhan
HSBC will lay off 500 staff in Asia, 90 per cent of which will be in Hong Kong.
Tuesday, November 18, 2008 ibnlive.in.com
(
Business
)
Hong Kong: HSBC will lay off 500 staff in Asia, 90 per cent of which will be in Hong Kong, due to deteriorating economic conditions and its cautious outlook for 2009, spokesman Gareth Hewett said on Tuesday.
This will be HSBC's second round of layoffs in the region.
In September, HSBC said it was cutting 1,100 jobs in its investment banking operation, or 4 per cent of the unit's total, includi
Tags :
Hong-Kong
HSBC
Asia
Gareth-Hewett
Read
More | View
Comments | Submitted by : sharekhan
Citigroup Inc revealed plans to cut 52,000 jobs by early next year in Chief Executive Vikram Pandit’
Tuesday, November 18, 2008 www.mumbaimirror.com
(
Business
)
New York: Citigroup Inc revealed plans to cut 52,000 jobs by early next year in Chief Executive Vikram Pandit’s most dramatic move yet to restore profitability and bolster a sagging share price.
The cuts, announced Monday, will affect 15 per cent of Citigroup’s workforce and come on top of 23,000 jobs eliminated between January and September as souring economies and global credit conditions cause
Tags :
New-York
Citigroup
Vikram-Pandit’s
US
lakh
billion
Read
More | View
Comments | Submitted by : sharekhan
Unitech, to raise around $100 million (roughly Rs 490 crore) through a fresh issue of shares.
Monday, November 17, 2008 justsamachar.com
(
Business
)
Mumbai: The promoters of cash-strapped Unitech Ltd are in talks with prospective investors, including private equity firms, to raise around $100 million (roughly Rs 490 crore) through a fresh issue of shares.
Unitech is one of India’s leading real estate players but has run into cash problems in the past year.
The Unitech group has been raising funds through a series of transactions in the last
Tags :
Mumbai
Unitech
crore
India’s
crore
Read
More | View
Comments | Submitted by : sharekhan
Previous Next
|
