HRD
IT companies look to cut jobs in India as hiring in US rises
11 Nov 2019
Forced to hire more in the United States, major IT companies, including TCS, Wipro and HCL, are doing a balancing act by cutting jobs in India and beefing up in new areas of digital technology and AI
Over 18,000 BSNL staff opt for VRS within days of roll-out
07 Nov 2019
The VRS option, which is open to employees of BSNL and MTNL above the age of 50 years - or about 121,000 of the 200,000 total number of employees - will remain open till 4 December
Employees strike to hit banking operations today
22 Oct 2019
Finance ministry wants BSNL, MTNL closed down: report
10 Oct 2019
In the event of closure of the two state-run telcos, which together employs nearly 1,65,000 people, the finance ministry feels that the VRS payout of Rs29,182 crore can be reworked while also saving 4G spectrum cost of Rs20,410 crore and the Rs13,202 crore capex required to roll out the 4G services
BSNL to offer VRS to 80,000 employees
06 Sep 2019
Nissan to cut over 10,000 jobs worldwide: report
24 Jul 2019
Nissan, which reported a 57 per cent year-on-year fall in its net profit to 319 billion yen ($2.9 billion) for the fiscal year ended 31 March 2019, expects profit outlook for the current fiscal to be even worse – at 170 billion yen
Deutsche Bank to lay off 18,000 Asia-Pacific jobs as it exits equity markets 08 July 2019
08 Jul 2019
Deutsche Bank expects the EUR 7.4 billion overhaul to result in a EUR 2.8 billion euro ($3.1 billion) net loss in the second quarter itself
“Employee growth drives Happy-ness at workplace”
26 Jun 2019
What makes people in any organisation happy? Payal Gupta, director and CEO of Mumbai-based development and change management organisation Celebratory Network, talks to domain-b’s Nithin Rao on an interesting survey it conducted recently to track ‘happy-ness’ at the workplace
Reliance Jio cuts nearly 5,000 jobs, including 500-600 regular ones
31 May 2019
An estimated 75,000 jobs have been lost in the telecom sector in 2017 alone, due to financial stress faced by companies and ,more people are expected to lose jobs in the coming years as consolidation progresses
Infosys to allocate 50 million shares to employees
17 May 2019
The allocation of stocks that account for 1.15 per cent of the company’s equity shares will be made over a period of seven years, based on challenging performance criteria, including revenue growth and shareholder returns
Jet employees propose Rs7,000-cr bailout for grounded carrier
30 Apr 2019
As things stand, there are four bidders, including Etihad (which holds 24 per cent in Jet Airways) who are keen to acquire the company and with the bidding process set to conclude on 10 May, there are concerns that the lenders may have to take a large haircut on their Rs8000-crore exposure
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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