Search Results for: restructuring

It's official: Cognizant CEO announces job cuts by October end

Notably, since he took over as Cognizant's CEO in April, his main focus has been on the company's cost competitiveness.

Sep 6, 2019

First integrated battle group to be deployed along India-Pakistan border

IBGs are battle formations with heavy firepower that will combine infantry, armour, artillery, engineers, logistics and support units to bring together all necessities to fight a war.

Sep 2, 2019

Ferdinand Piech, ex-CEO of Volkswagen and father of iconic Porsche 917, dies at 82

Under Piech's leadership, Volkswagen went on an expansion spree, acquiring high-margin luxury marques Bentley, Bugatti and Lamborghini in a single year.

Aug 27, 2019

Massive! Gary Kirsten, Ashish Nehra sacked as RCB coach, new management named

Both Nehra and Kirsten were part of the leadership group and the side finished last in 2019 which prompted this change in the top management.

Aug 23, 2019

Who is Ratul Puri? Kamal Nath's nephew arrested for Rs 354 cr bank fraud

According to the bank's complaint, Moser Baer had been taking loans from various banks since 2009 and had gone under debt restructuring several times.

Aug 20, 2019

Cognizant plans another round of layoff, defers campus hiring

Additionally, the New Jersey-based company is also delaying the joining date of the freshers and other new employees hired

Aug 16, 2019

a-tank-from-the-indian-army-moves-past-soldiers-during-a-search-operation-after-a-gun-battle-at-an-army-camp-in-mesar-in-samba-district-september-26-2013

Cold Start doctrine begins, deep strike groups to be based in Jammu, Punjab and Rajasthan

Defence establishment gives the 'Cold Start' doctrine more teeth by raising integrated battle groups (IBG) that can rapidly deploy and strike deep across the border

Aug 13, 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

Tata Nano at manufacturing plant in Gujarat

India's automobile industry to bleed 1 million jobs due to persistent slowdown

The job losses are happening in the major hubs, including Gurgaon-Manesar belt of Haryana, Pune, Jharkhand's Jamshedpur and some parts of Madhya Pradesh's Pithampur.

Jul 25, 2019

MASSIVE! MS Dhoni to serve the Army, takes break for next 2 months - Report

The former Indian skipper has not expressed his desire to quit the game and as per a BCCI official, he will now serve in the Indian Army for the next two months.

Jul 20, 2019

Housing lender DHFL warns it may not survive

DHFL's results are the latest sign of growing stress in India's finance sectors as state-owned banks grapple with bad debts and a recent liquidity crunch in the shadow banking industry.

Jul 15, 2019

Deutsche Bank cuts 18,000 jobs in €7.4 billion overhaul

Hundreds of employees from New York, Tokyo and London offices saw that their careers "ended in an envelope, a hug and a cab ride".

Jul 9, 2019

Nirmala's Budget 2019: 'Gaon, gareeb, kisan' to be core agenda, India inc new job creator, 25% tax for Rs 400 cr firms

Apart from revving economic growth, the rising fiscal deficit is another challenge that Finance Minister Nirmala Sitharaman addressed in Parliament today.

Jul 5, 2019

Deutsche Bank, Deutsche Bank headquarters in Frankfurt, Germany

Why is Deutsche Bank planning to cut 20,000 jobs?

Deutsche Bank has seen a significant 3,900 job cuts in the first quarter and a total of 7,000 job cuts since CEO Christian Sewing took over last year.

Jul 1, 2019

Apple to move massive chunk of manufacturing out of China as US trade war bites

Apple is focusing on countries like Mexico, India, Vietnam, Indonesia and Malaysia to settle their product assembling firms, said a Nikkei report

Jun 19, 2019

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