Search Results for: job cuts

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Yahoo to Lay Off 2,000 Employees; Analysts Slam Scott Thompson's Plan

Yahoo Inc is going to lay off 2,000 employees with hope of reviving the struggling internet giant. Its new Chief Executive Scott Thompson has resorted to job cuts to save hundreds of millions of dollars for the company.

Apr 5, 2012

RBA Likely to Keep Overnight Cash Rate

Economists and analysts are of the opinion that the Reserve Bank of Australia (RBA) would keep the 4.25 per cent overnight cash rate when its board meets Tuesday, April 3.

Apr 3, 2012

BSE Sensex Expected to Rise by 26 Percent This Year

The BSE Sensex is likely to rise this year in spite of concerns over the government's finances and political stability. A poll conducted by Reuters indicated that BSE Sensex might gain 26 percent this year, hoping on interest rate cuts to bolster growth.

Mar 30, 2012

DGCA Says Kingfisher Airlines Unsafe to Fly, Should Shut Down

The Directorate General of Civil Aviation (DGCA), the regulatory body for the aviation industry, has said that cash-strapped Kingfisher Airlines is unsafe to fly and should be wound up.

Jan 5, 2012

Star Worship: SRK's Fan Converts House to Shrine and Changes Name

It is said that passionate fans build temples for their film stars, write letters to them and even commit suicide after their particular idol dies. Bollywood actor Shah Rukh Khan, identified, in 2008, as one of the world's most powerful men by News magazine, is a perfect example of a film star over whom a fan can go crazy. One of his worshippers, a Vishal Singh, has turned his house into a veritable shrine for SRK.

Nov 7, 2011

One in Three Women Carry Extra Shoes in Handbag: Report

A new study in the United Kingdom centering on women's choice of footwear has found "one in three women carry a comfortable pair of shoes in their handbag to change into when their high-heeled shoes start to ache."

Oct 16, 2011