Recent Posts Tagged With 'corporate news'

• Satyam to lay off 5,000 employees?

  Posted on Friday July 3rd, 2009 at 01:22 in corporate news, layoff, satyam, satyam firing, corporate corner, satyam layoff, satyam job cut, mahindra satyam

  This could be shocking news for the employees of the Satyam Computers, as new board of the company may press to lay-off 5,000 employees. The meeting of new board members of Satyam Computer is scheduled to be held on June 11, and likely to take core d...

• Airline-Sector Woes Slam India's Highflier

  Posted on Friday July 3rd, 2009 at 01:09 in airlines, jet airways, naresh goyal, corporate news, air france, indian aviation, corporate corner, indian carriers

  Running an airline is a reliable way to lose money. The turbulent ride of India's Jet Airways shows why.Naresh Goyal shook up Indian aviation when he founded Jet in 1992. With punctual flights, new planes and friendly service, Jet was the first carri...

• IT- Hinduja group unveils big plans for Difiance Tech

  Posted on Friday July 3rd, 2009 at 01:04 in corporate news, defiance, hinduja group, corporate corner, enterprise services, solution excellence, difiance tech

  CHENNAI: The diversified multi-billion Dollar conglomerate Hinduja group, with global presence across 30 countries, unveiled its big plans on Thursday for its engineering and design services company — Defiance Tech. It is set to ramp up operations...

• Tech Mahindra writes to World Bank

  Posted on Friday July 3rd, 2009 at 01:01 in world bank, telco, corporate news, tech mahindra, nayyar, corporate corner, $75 million it infrastructure, geelong project

  Tech Mahindra, the new owner of the troubled Indian IT services firm Satyam, has officially written to the World Bank seeking an end to the eight-year ban against Satyam Computer Services for allegedly providing improper benefits to the bank's staff...

• Scam-hit Satyam Computers renamed Mahindra Satyam

  Posted on Friday July 3rd, 2009 at 00:57 in corporate news, satyam, tech mahindra, corporate corner, satyam merger, satyam chief admits fraud, mahindra satyam, scandal hit satyam

  Scandal-hit Satyam Computers has been named Mahindra Satyam. The logo will be adopted from the Mahindra Group. Speaking on the rebranding initiative, Mr. Anand Mahindra, Vice Chairman & Managing Director, Mahindra Group, said, “Customer centricity...

• List of Recession proof Countries: Surveyed by Servcorp

  Posted on Thursday July 2nd, 2009 at 02:59 in recession, corporate news, global recession, corporate corner, 2008 layoff survey

  So you were wondering when will this factor called Global Recession end and whether your country has been affected by the recessionServcorp has recently published results of the survey in which they have disclosed about the countries which are least ...

• Power shortage cripples auto, textile industries in Tamil Nadu

  Posted on Sunday November 16th, 2008 at 12:15 in power shortage, corporate news, economy slowdown, corporate corner, power shortage cripples textile and auto industries, rapid industrialization

  Rapid industrialization has led to a surge in demand, triggering a crisis that could end in layoffs, lower outputChennai/Mumbai: As if a slowing economy, sluggish consumer demand and volatile markets aren’t painful enough, industries in Tamil Nadu ...

• Penguin bets big on Nilekani’s Imagining India book debut

  Posted on Sunday November 16th, 2008 at 12:08 in infosys, corporate news, penguin books, corporate corner, ideas for the new century, nandan nilekani's imagining india, imagining india

  Nandan Nilekani much anticipated book, Imagining India: Ideas for the New Century, will be launched on 24 November in New DelhiNew Delhi: Nandan Nilekani, normally unflappable, lost his cool when he was asked in an interview why he was becoming an au...

• Bharti Airtel launches identity protection solution

  Posted on Sunday November 16th, 2008 at 12:05 in verisign, corporate news, bharti airtel, corporate corner, airtel's strategic alliance, security networks, idnetity protection fraud detection

  The authentication service will help in integrating and streamlining the security networks of organisationsNew Delhi: Leading telecom service provider Bharti Airtel today launched a fraud detection solution that help organisations involved in service...

• India needs $500bn for core sector in next five years: PM

  Posted on Sunday November 16th, 2008 at 12:00 in gdp, indian economy, corporate news, social welfare, skill development, corporate corner, major transformation, finance requirements, fundamentals of indian economy, india needs $500 bn

  MUSCAT (OMAN): India needs over $500billion in investments over the next five years for infrastructure development, Prime Minister Manmohan Singh said on Sunday. "India is undergoing a major transformation. Our economy is expanding rapidly," Singh s...

• Yahoo's Third Quarter Revenue to be lower than expected due to financial crisis

  Posted on Tuesday October 21st, 2008 at 06:18 in yahoo, corporate news, layoff, financial crisis, corporate corner, layoff 2008, yahoo's lowest third quarter revenue, yahoo's third quarter revenue

  Wall St Braced For New Cuts, Weak Outlook At YahooThings went from bad to worse for Yahoo Inc a long time before the financial crisis spurred a new wave of advertising cutbacks by customers that will cast a pall over its quarterly results on Tuesday....

• HSBC to acquire Indonesian bank

  Posted on Tuesday October 21st, 2008 at 05:25 in hsbc, corporate news, corporate corner, hsbc to buy indonesian bank, hsbc bank acquisition, hsbc acquisition

  HSBC Holdings, Europe's biggest bank, is to boost its presence in South-East Asia by acquiring Indonesia's Bank Ekonomi for some $680m (£397m). HSBC will buy an 88.9% stake in Bank Ekonomi, which offers commercial and retail banking, for $607.5m in ...