Search Results for: JOB CUTS

47 dead, 21 missing in China after Typhoon Lekima makes second landfall

Typhoon Lekima made a second landing at 8:50 pm on the coast of the popular tourist place of Qingdao in Shandong Province.

Aug 12, 2019

Demand truncation dents workforce in Gurugram-Manesar auto cluster

No authentic data is currently available on the extent of job losses, as most of these have occurred on the auto part suppliers' side.

Aug 11, 2019

13 dead, one million evacuated in China after Typhoon Lekima makes landfall

Chinese weather experts said that the combination of the six-magnitude earthquake a day before with the incessant rains has increased the risk of landslides in the region.

Aug 10, 2019

Explained: What's behind the record surge in gold prices?

Safe-haven investments gold and silver futures rise in India as equities underperform after the general election 2019 and in international markets because of US-China trade war fears.

Aug 10, 2019

Rakul Preet Singh's liplock scene in Manmadhudu 2

Uncensored version of Rakul and Jhansi's kiss from Manmadhudu 2 goes viral

Besides Rakul Preet Singh, even Chinmayi Sripada is being trolled for a scene.

Aug 9, 2019

Move to scrap super rich tax surcharge may lure back foreign portfolio investors

Markets respond energetically to reports government is considering the lifting of the surcharge proposed in the Union Budget 2019; Sensex, Nifty soar for the second day.

Aug 9, 2019

Auto sector skids downhill as economy hits bump; Maruti cuts production again

Automakers call for major incentives as top carmaker Maruti reduces production by 25 percent for the sixth consecutive month in July

Aug 8, 2019

RBI slashes repo rate by 35 basis points to 5.40%, cuts GDP growth forecast to 6.9%

The central bank reduced the repo rate by 35 basis points to 5.40 per cent from 5.75 per cent in its third bi-monthly Monetary Policy Statement for 2019-20.

Aug 7, 2019

India's auto crisis deepens, tens of thousands losing jobs

Initial estimates suggest that automakers, parts manufacturers and dealers have laid off about 350,000 workers since April.

Aug 7, 2019

RBI monetary policy: Investors awaiting outlook beyond another repo rate cut

With a fourth 25 basis points repo rate cut a foregone conclusion, observers are watching for RBI guidance about its outlook on the state of the economy.

Aug 6, 2019

Kajal Aggarwal's bold visuals land Paris Paris release in trouble

Kajal Aggarwal's upcoming movie Paris Paris, Tamil remake of Queen has landed in trouble, while Malayalam and Kannada versions Zam Zam and Butterfly got censor certificates without any issues.

Aug 6, 2019

cars, car sales, domestic car sales, gst on cars, auto industry, traffic

Auto industry may further cut production

The slowdown, which is a culmination of high GST tax rates, farm distress, stagnant wages and liquidity constraints, has led to the month-on-month sales de-growth.

Aug 4, 2019

India's biggest carmaker Maruti Suzuki cuts temporary jobs as sales plunge

Maruti Suzuki said it employed 18,845 temporary workers on average in the six months ended June 30, down 6% or 1,181 from the same period last year.

Aug 3, 2019

Did IBM fire 100,000 employees in last few years just to look 'cool'?

In last seven years, IBM has fired thousands of people in the US, Canada, and other high-wage markets in order to cut down on costs.

Aug 2, 2019

Were celebs on drugs at Karan Johar's party

MLA on Karan Johar's alleged drug party: 'If it wasn't a powder-impacted state, why did you all appear stoned?'

MLA Manjinder Singh Sirsa, who had directly alleged that it was a drug party, has now come up with an open letter demanding apology and accountability from the Bollywood stars.