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PUMA JOB CUTS
China's Anta Sports and Li Ning exploring bid for Puma, source saysChinese sportswear giants Anta Sports and Li Ning are reportedly looking at buying German brand Puma. Puma's market value has dropped signi...- School Assembly News Headlines for 31st October: Top national, international, sports and business updatePrime Minister Modi invited international investment in India's maritime sector, while India reaffirmed its commitment to Afghanistan's sov...
- Puma to cut 13% of its workforce as sales continue to declineGerman sportswear brand Puma said on Thursday it will cut 13% of its global workforce, or about 900 jobs, by the end of 2026 as sales conti...
- European shares flat as investors cautious ahead of US jobs dataEuropean shares were little changed on Friday, as investors refrained from placing major bets ahead of crucial U.S. jobs data, with persist...
- Tanks not cars: How a pivot to defence could help Germany's economyGerman defence companies are shifting capacity from the declining car industry to ramp up military production, driven by Europe's increasin...
- Tanks not cars: How a pivot to defence could help Germany's economyGerman defence companies are considering repurposing car industry facilities as Europe plans significant increases in military spending. Co...
- Nike plans to cut about 2% jobsThe job cuts are expected to start on Friday, and a second phase will be completed by the end of the quarter, the report said, citing an em...
- Capgemini sets sights high with Indian talent; govt to mandate NavIC chips in smartphonesWith more than half of its employee base in India, IT major Capgemini views India as one of its fastest-growing markets and a talent hub, g...
- Winners of ET Startup Awards 2023; HR executives booted out by GooglePowerful contenders, an eminent jury, in-depth dossiers, tension-packed tiebreakers… The meeting to finalise the winners of the Economic Ti...
- Outgoing Puma India chief racks up $52 million for new startup; Cred unit executes layoffsAbhishek Ganguly, outgoing India and Southeast Asia managing director of Puma, has raised Rs 430 crore — around $52 million — for his new v...
- Harley-Davidson to cut hundreds of jobs as part of turnaround strategyHarley-Davidson's sales have been declining for the past five years in the United States, its largest market, as its baby-boomer customer b...
- EMI purchases on cards go up with consumers buying even low priced items on financeTightening liquidity have made consumers avoid cash purchases due to stress in income across households.
- Sales pitch: A V-shaped recovery that may vanish soonAcross phones, consumer durables, apparels, shoes — in both online and offline stores — demand is close or equal to pre-lockdown levels. Bu...
- Coronavirus lockdown: Ecommerce cart in fast lane, but may lose steamBrisk sales of smartphones, laptops, tablets, kitchen and home appliances—in the week since all items were permitted to be sold online—have...
- As govt eases coronavirus lockdown conditions, factories to make muted start on subdued demandCarmakers, phone firms are set to begin production with output less than the usual level.
- Market Movers: What changed for D-Street while you were sleepingThe Nifty50 has entered the oversold zone, as suggested by the 14-day relative strength index (RSI).
- Big MNCs looking for Indian tech startups that can predict customer behaviour, keep data safeIt took a year of rejections before technology entrepreneur Sumeet Anand managed to bag the first big customer for his software product ven...
- Agenda for Reforms: Four stories that show how policy shifts have touched individual livesThe ultimate objective of an economic policy is to make a meaningful and lasting impact on people’s lives. Here are four stories, from four...
- India Inc' new credo: Fun activities for staff to keep them motivatedGiven how difficult it can be, top bosses are sparing no effort in inventing new fun activities for the staff's pure enjoyment.
- Resurgent Bata India gets expanding at break-neck speedThe Bata story offers a preview of the fluctuating fortunes of old-time companies in the days before and after the Indian economy was opene...
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