Search Results for: restructuring

Kingfisher Airlines: Vijay Mallya declared a wilful defaulter by SBI

Mallya can still challenge the label in the apex court through review petitions, according to banking experts.

Nov 22, 2015

Antonio Costa, of Goan origin, guns for premiership of Portugal

Son of Orlando da Costa, a Portugese writer of Goan descent, Antonio is known as the 'Gandhi of Lisbon'.

Nov 16, 2015

Farm economy downturn forces Cargill to restructure, cut jobs

Global agricultural companies are under pressure from slumping commodity prices.

Nov 14, 2015

Mahindra and Mahindra plans to buy Italian car design firm Pininfarina

The Italian coach builder is known for designing cars for Ferrari.

Nov 14, 2015

States agree to cut electricity distribution losses to 15 percent

All existing street lights and bulbs will be replaced with LEDs by 2019.

Nov 8, 2015

India's distressed power sector relying on 'Uday' for new dawn

The outstanding debt of the distribution companies is Rs 3.8 lakh crore.

Nov 6, 2015

Housing.com to fire 200 employees this month to reach cost cutting targets: Report

"...this time the company is laying off without solid ground," said a senior Housing executive

Nov 5, 2015

Standard Chartered to shut down some India operations as part of global restructuring

The bank is expected to close unprofitable branches in India.

Nov 4, 2015

TinyOwl to cut 112 more jobs in fresh round of layoffs to reduce costs

In September, the Mumbai-based firm had cut nearly 200 jobs, mainly in its sales and delivery divisions.

Nov 3, 2015

Stanchart to raise $ 5.1 billion in new capital via rights issue

It will also cut 15,000 jobs by 2018 to restore profitability given a slowdown.

Nov 3, 2015

Toshiba to sell image sensor business to Sony for $164.68 million

The company plans to pull out of the sensor business.

Oct 24, 2015

Delhi can take a lead from Helsinki which seeks to do away with car ownership

India is going to be the world's third largest car market by 2030, a study said recently.

Oct 15, 2015

Greece election: Greek leftist Tsipras returns in unexpectedly decisive vote win

Tsipras had resigned and called the election last month.

Sep 21, 2015

HP to cut up to 30,000 more jobs in enterprise business

The latest job cuts indicate a reduction of the company's total workforce by at least 10 percent.

Sep 16, 2015

Google Logo Update: 3 Essential Details Everyone Should Know

Google's original logo was made by Ruth Kedar.

Sep 3, 2015

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