Tata Motors cuts off workforce up to 1,500

[vc_row][vc_column][vc_column_text]The company also joins the growing list of firms including Infosys, Tech Mahindra and Cognizant adopting such lay off measures Tata Motors on Tuesday announced it...

Volvo to start assembly ops in India

[vc_row][vc_column][vc_column_text]The first model that will be put together is the Volvo premium SUV, XC90 Swedish automaker Volvo on May 18 announced that it will start vehicle...

IBM denies layoff plans

[vc_row][vc_column][vc_column_text]Earlier reports said the tech giant is firing 5000 Indian employees Multinational tech giant IBM on Wednesday rebuffed reports that it is firing 5,000 employees as...

IT gloom spreads: Infosys defers salary hike to July

[vc_row][vc_column][vc_column_text]Infosys COO UB Pravin Rao said the compensation review for employees ranked job level 5 and below will only roll out from July The downturn in...

Tech Mahindra lays off 1000 employees, after Wipro and Cognizant

[vc_row][vc_column][vc_column_text]The move comes in the wake of downsizing by IT giants Wipro and Cognizant as part of automation and the increasing protectionist policies by United States...

Supreme Court finds Vijay Mallya guilty of contempt of court

[vc_row][vc_column][vc_column_text]The liquor baron has been charged with not returning the money he took from Indian banks for his failed airlines, Kingfisher Airlines. New Delhi The Supreme...

Cabinet approves implementing changes in Seventh Pay Commission recommendations, 55 lakh pensioners to benefit

[vc_row][vc_column][vc_column_text]This will apply for civil, defence and family pensioners who retired before 2016. The Central government has approved the implementation of the modifications to the Seventh...

H-1B visa scare: Infosys to hire 10,000 American workers

[vc_row][vc_column][vc_column_text]The move comes at a time when the company and its peers like Tata Consultancy Services (TCS) have been targeted for allegedly displacing American workers. Amid...

New petrol, diesel daily pricing mechanism comes into force

[vc_row][vc_column][vc_column_text]In Delhi, the price of petrol went up from Rs 68.07 per litre to Rs 68.08 while that of diesel from Rs 56.83 to Rs 57.35...

RBI to issue Rs 5 and Rs 10 coins