Search Results for: restructuring

Strengthening India's financial sector: But it all starts with addressing the weak banking system first

Poor corporate governance, risk prone lending has to stop and transparency and disclosures have to be made mandatory

Mar 15, 2021

BuzzFeed hands pink slips to 70 HuffPost staffers month after acquisition [details]

BuzzFeed has announced that it would be laying off 47 HuffPost employees and shut HuffPost Canada in a major restructuring effort to turn profits.

Mar 10, 2021

Karnataka Home Minister lays out plan to restructure police stations in Bengaluru

Karnataka Home Minister Basavaraj Bommai on Thursday said that the state government was mulling over restructuring police stations due to rise in population as well as keeping exponential growth of Bengaluru in mind.

Mar 5, 2021

Pak opposes addition of new permanent members to UNSC | Details

Pakistan has opposed the addition of new permanent members to the UN Security Council (UNSC), warning of compounding the Council's inequality and dysfunctionality, Radio Pakistan reported Wednesday.

Feb 17, 2021

Sensex crosses 50,000-mark on Thursday; Markets upbeat after Biden swearing-in

Sensex drops 550 points, holds on to 49,000 range

Despite a positive RBI report, Sensex, which crossed record 50,000 mark on Thursday dovetailed a day later due to heavy selling in banking, finance and metal stocks

Jan 22, 2021

Apple, iPhone 7, Made in India, Bengaluru, Wistron

iPhone supplier Wistron sacks India VP; Apple halts business temporarily

In addition to sacking India VP, Wistron has taken several corrective measures to ensure the incident doesn't repeat again.

Dec 19, 2020

Oyo lays off around 300 employees; here's why | All you need to know

Hospitality giant Oyo plans to shut down the renovation and operations departments and focus primarily on a revenue-sharing model with partner hotels. Scroll down to know more.

Dec 9, 2020

BBMP elections 2020: Conduct polls expeditiously, HC seeks plan in 6 weeks

BBMP is directed to conduct polls for 198 wards instead of 243 wards as earlier proposed and to do so expeditiously.

Dec 4, 2020

Paytm's top-level execs promoted to senior roles, more changes to come | Details

Paytm has set its eyes on IPO sometime in 2022 and is already making some crucial changes at the top-level management to lay a firm structure.

Oct 12, 2020

Harley-Davidson exits India, world's biggest motorcycle market; here's why

The move involves $75 million in restructuring costs, some 70 redundancies and the closure of its Bawal plant, walking away from a market worth about 17 million bike and scooter sales a year.

Sep 24, 2020

Telugu romantic film Ninnu Kori to get a Marathi adaptation, confirms Director Mansi Bagla (Exclusive)

In an exclusive conversation with International Business Times, India, Mansi Bagla spoke at length about her collaboration with G. Ashok, donning the hat of a director and what newness will Telugu film Ninnu Kori bring for the Bollywood audience.

Sep 14, 2020

Lord & Taylor at Palisades Park Mall West in New York

Lord & Taylor is going out of business after 194 years; hosts final clearance sale

The first US department store Lord & Taylor decides to finally shut down all of its stores soon, after being in the business for nearly 200-years, ever since its launch in 1826.

Aug 28, 2020

Mozilla slashes 250 jobs, shuts down Taiwan operations as COVID crisis impacts revenue

Popular browser Mozilla Firefox has announced to lay off 250 employees and shut its operations in Taiwan. The Mountain View (California)-based company said that going forward, it will be smaller.

Aug 12, 2020

Liberal US Representative Ilhan Omar wins Democratic primary election

US Representative Ilhan Omar won the Democratic primary nomination on Tuesday to run for re-election in Minnesota's 5th district, defeating a well-funded rival, Antone Melton-Meaux, and several challengers.