Search Results for: restructuring

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Raghuram Rajan Takes Over RBI Chief Role with Inspired Confidence: Full Statement

Raghuram Rajan, who took charge on 4 September as the chief of India's Central Bank, is all set to target plunging rupee, bad bank loans and free up the bonds and currency markets to revive the current economic situation.

Sep 5, 2013

Union Budget 2013-14: Full Text of Chidambaram's Speech in Parliament

Finance Minister P. Chidambaram presented Union Budget 2013-14 in Parliament on Thursday amid economic slowdown concerns with India's economic growth rate falling to 5 percent in the current fiscal year. Here is Full text of Chidambaram's Speech in Parliament.

Feb 28, 2013

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Union Budget 2013-14: Full Text of President Pranab Mukherjee's Address to Parliament

President Pranab Mukherjee addressed the Parliament during the Budget session 2013-14 which began on Thursday. He touched upon various issues from slow economic growth to insecurity among women in his hour-long speech, and stressed on the need for greater transparency, probity and accountability in governance.

Feb 21, 2013

facebook-after-losing-millions-in-its-failed-ipo-has-started-to-implement-in-the-united-states-the-1-trial-run-of-its-paid-messaging-system-scheme-where-non-friends-who-want-to-contact-you-must-pay-in-order-for-their-messages-land-in-your-inbox-folder

Facebook to Charge $1 to Send Messages to Inbox

The social networking website Facebook, now a public company, is looking at more avenues to earn revenue with a billion plus active Facebook users. In order to maintain their user’s trust and gain more users in to its fold, Facebook intends to strengthen the security of the network so that the users’ privacy is secured within their group or community.

Dec 21, 2012

Brazilian Company Unveils Android-Powered ‘IPHONE’ with 5-MP Camera

Brazilian electronics manufacturer IGB Eletronica on Tuesday unveiled a slew of Android-powered smartphones under the brand name 'IPHONE', raising the possibility of a lawsuit from Apple Inc.

Dec 20, 2012

Nokia May Lay Off 10,000 Employees By 2013 End, Shutting Down Manufacturing Plants

Mobile Titan Nokia may terminate 10,000 of its employees along with plant shutdowns as part of the company's biggest financial overhaul amid mounting losses long incurred over the years.

Jun 14, 2012

HP to Lay Off 27000 Employees, Expects to Save Over $3 Billion Annually

Following declining profits and stiff competition from rival companies, tech firm Hewlett-Packard (HP) has decided to lay off 27,000 jobs by 2014.

May 24, 2012

Air India's Trouble Continues: Airline Loses Rs 2 Billion; 30 More Sacked, 2 Pilots Return

The Air India pilots' strike entered 16th day in a row on Tuesday with the airline reportedly losing about Rs. 200 crore (2 billion) due to the ongoing strike

May 22, 2012

Manmohan Singh Assures Bail Out For Debt-ridden West Bengal

Prime Minister Manmohan Singh on Friday assured that the Center would do everything to bail out the debt-ridden West Bengal government after a brief meeting with Trinamool Congress MPs.

Apr 28, 2012

The Week That Was: Zardari Visits India, Quake Rocks Indonesia

Here are some of the major events happened in India last week.

Apr 15, 2012

Govt Okays Air India Restructuring Plan

The government on Thursday announced a Financial Restructuring plan for the debt-laden national carrier Air India.

Apr 12, 2012

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Kingfisher Airlines Likely to Lay-off its Employees: Sources

Kingfisher Airlines has been receiving brickbats from all the directions over its massive cut down in its flight operations, undue payments of salaries and outstanding tax amounts, owing to the debt crisis airlines is now mulling to resize its staff department and closing down of office across India in order to cost cut the expenses, said sources.

Mar 27, 2012

Additional Foodgrain Godowns To Be Created In 19 States

The government is planning to construct foodgrain storage capacity of 151 lakh tons in 19 states, said Minister of Consumer Affairs, Food and Public Distribution K.V. Thomas informed the Parliament Tuesday.

Mar 20, 2012

Vijay Mallya Defends Cancellation of Kingfisher Flights

Vijay Mallya, Chief of Kingfisher Airlines, defended the cancellation of the flights citing state governments' heavy tax.

Nov 12, 2011

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