Distributors of SIM cards and recharge vouchers are complaining of huge drop in revenues since Jio launched its services. DeMo added to the...

According to a staffing expert, most of the cuts will be in the tech & engineering side, which typically command salaries between Rs 40,000...

An HR head said 10,000-25,000 jobs were at risk. If those indirectly employed are also added, the number could rise to as much as 1 lakh.

The 'creative destruction' of Jio was also a factor since it 'crippled' many players and eroded an industry that got its revenues from voic...

Suddenly, a large number of people start chasing a limited number of jobs. This not only brings down your bargaining power but can also mea...

Aircel itself has had turbulent times along with the Indian telecom space and I admire Kaizad Heerjee (Aircel CEO) for their effective turn...

Nifty50 futures on the Singapore Stock Exchange were trading 38 points higher at 9,683, indicating a positive opening for the domestic mark...

The panel will start by meeting the more stressed companies such as Reliance Communications, MTS, Aircel and Tata Teleservices.

With annual interest payments, loan re-payment obligation, spectrum-related outgo and capex expected to add up to a Rs 1,62,000 crore tab.

Incidentally, the sackings came after RCom reported its first ever consolidated net loss of Rs 531 crore in the December quarter.

Rituparna Chakraborty, EVP & Co-founder, Teamlease, said, "The first principle of an M&A is to draw synergies and make the entity bottomlin...

Cellular services major Aircel is all set to give pink slips to 700 staff - around 10% of its pan-India staff strength.

Any layoffs may take about 12-18 months. The merged entity will have to first ensure that distributors maintain the network and operators c...

Struggling French telecom gearmaker Alcatel-Lucent will lay off 9% of its India workforce, as part of a global restructuring drive to cut c...

Vodafone Group reduced its sales forecast and Ericsson AB posted a 70% drop in profit as corporate and consumer spending slowed.

Apple opens its online App Store for iPhone software this week, which may be a far more important development than the iPhone 3G. In pics: ...

RCOM announced an employee stock options (ESOP) scheme for all 20,000 employees of the company and its subsidiaries. Need funds? Dial relat...