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After Siemens, GE to lay off 12,000 employees worldwide as part of firm's turn-around plans

The 12,000 jobs cuts are said to be a part of GE's efforts to turn the company around since Jeffery Immelt stepped down in August and the firm was taken over by CEO John Flannery.

Dec 8, 2017

Another IT boom in the offing? Samsung India to hire 1,000 engineering grads for new-age profiles

Besides offering placements to the IIT graduates, Samsung will also hire from other premier colleges like Delhi College of Engineering, BITS Pilani, Manipal Institute of Technology.

Dec 8, 2017

Tata Steel slapped with Rs 10 lakh fine from SEBI for delay in disclosures

The company made the disclosures two years after its stakes surged.

Dec 8, 2017

Placements 2017: Tech companies go on bulk hiring; non-engineering students too bag fat paycheques

A final year student of economics at Delhi's LSR College has bagged a salary offer of close to Rs 38 lakh per annum this year.

Dec 7, 2017

Nandan Nilekani expects Infosys to post good result next year

"There's a large opportunity out there helping global clients re-imagine their business, its opportunity of a new kind," said Nileknai.

Dec 7, 2017

Play

Another 50 employees of Cognizant move labour court against forceful resignation

The employees of Cognizant were moved to another business service provider called Quess and given only a fixed term of four months which suggests that they might be jobless after the term is over.

Dec 7, 2017

startup, indian startups, indian start-ups, startups in india, nasscom, indian it, it layoff, it hiring

Good news for job seekers as top Indian start-ups are going big on hiring

Companies such as Snapdeal, ShopClues and Flipkart are experiencing a boom in business and require more human capital in the near future, the report stated.

Dec 6, 2017

Indian whiskies to conquer the world? Pernod Ricard to hard sell Blenders Pride, Imperial Blue globally

The Indian whiskies could find consumers across the Americas, Southeast Asia, besides tapping the Middle East and African markets.

Dec 6, 2017

Uber hack: Firm sued in the US for data breach cover-up; lawsuit seeks $2,500 for each violation

The lawsuit against Uber has been filed by Mike Feuer in Los Angeles County Superior Court and focuses on the 600,000 drivers, whose names and license details were stolen.

Dec 6, 2017

Paytm Payments Bank, launch, offers,cash back

Paytm launches its ATM outlets, all you need to know

In the first phase, the firm has started with 3,000 ATM points in cities like Delhi-NCR, Lucknow, Kanpur, Allahabad, Varanasi and Aligarh.

Dec 5, 2017

Italian luxury brand Gucci on the tax radar, confirms its Milan and Florence offices were searched

Italian luxury brand Gucci confirmed that its offices in Milan and Florence were searched by tax officials and said that they were cooperating with them.

Dec 5, 2017

Asian companies beat US firms in hiring fresh talents from IITs

IIT Madras has seen a rise in international offers to 22 from 6 in the first three days of placements.

Dec 5, 2017

YouTube set to hire 10,000 moderators in a bid to get rid of inappropriate content

YouTube made this decision after several inappropriate videos have popped up on the site, leading to the firm losing a lot of advertisers and also facing the wrath of parents.

Dec 5, 2017

Baba Ramdev's Patanjali to expand business, manufacture solar power equipment

Patanjali's decision to foray into solar power equipment manufacturing space comes when the central government is considering a 30 percent capital subsidy as part of a new solar manufacturing policy.

Dec 5, 2017

Ola's Shalabh Seth resigns adding to cab-hailing service's long list of senior-level exits

Shalabh Seth, who joined Ola in January 2017 from brewer SABMiller India, will leave the Bengaluru-based firm by the end of the month.

Dec 5, 2017

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