Citigroup cuts over 300 senior managerial rolesThe company started announcing the cuts - which affect those staffers two levels below Fraser's executive management team - on Monday, acco...
20 Nov, 2023, 11.29 PM IST
IndusInd Bank, JM Financial, Edelweiss among local institutions hiring staff fired from foreign banks“Foreign institutions have been downsizing from the investment banking and global markets,“ said Romesh Sobti, managing director and chief ...
18 Feb, 2015, 02.49 PM IST
Investment banks downsize staff, plan to shift work to Singapore or Hong Kong as deal-making slowsThe continued economic downturn and inability of govt to grapple with the problems have led to job cuts and some freeze on hiring.
25 Dec, 2012, 07.08 AM IST
Apple Loses $170 billion in 3 monthsFor a company that was billed to hit a trillion dollar market cap in the near future, Apple’s recent stock market performance has been some...
19 Dec, 2012, 04.08 AM IST
How Monica Sambharya cashed on home tech solutions to make Trescent a Rs 10 crore firmThe current turnover of the firm is Rs 8-10 crore and it is forecasting a 100% revenue growth in the next three to five years.
06 May, 2012, 09.58 AM IST
- Citibank lays off 100 executives
Citibank has laid off 100 executives across positions in various businesses. Sources in the know of the development indicate that the redun...
25 Jan, 2012, 06.36 AM IST
- Undergraduate students from Shri Ram College of Commerce, Hansraj College bag plum job offers
In Mumbai, however, placements for undergraduate students in Xaviers, Sydneham college do not seem to be attracting such hefty pay packages.
17 Jan, 2012, 06.05 AM IST
- It's time for Vikram Pandit to deliver: Alwaleed
Saudi investor Prince Alwaleed bin Talal told Citigroup CEO that his 'honeymoon is over' after two years in the top job. Interview mistakes...
16 Jan, 2010, 07.00 AM IST
- Slowdown means more work for HR professionals
HR professionals are being forced to come up with creative ways to lay off, recruitment experts are having a tough time coping with the flo...
01 May, 2009, 01.19 AM IST
- Wal-Mart may outsource contracts worth $500 mn
Wal-Mart, the world’s biggest retailer, which has so far been dependent on its in-house IT division, is evaluating a business process outso...
11 Feb, 2009, 12.09 AM IST
- Expatriate executives making way for local hires
Since Oct 2008, there has been a spate of replacements of expat executives with Indian professionals at the senior level. Keep staff motiva...
28 Jan, 2009, 05.03 AM IST
Cut in scholarships melts foreign dreamsReduced scholarships and a shrinking job market are forcing students to defer their plans of studying abroad.
14 Jan, 2009, 10.31 AM IST
- Citi package to help India business
The US bailout of Citigroup will help its Indian operation, especially to allay fears among its customers about failure of the global banki...
25 Nov, 2008, 12.22 PM IST
- Citi to hire 1,000 people in Philippines next year
Crisis-hit US bank Citigroup revealed a $ 40 bn govt aid to revive its fortunes, has said that it plans to hire 1,000 new employees in Phil...
24 Nov, 2008, 09.58 PM IST
- Chrysler considers merger options
US automaker Chrysler considered several new partnership options Saturday, including mergers with Renault-Nissan and General Motors, indust...
12 Oct, 2008, 02.51 PM IST
- Indians write the BPO script in Philippines
Not only are domestic BPOs hiring Indians for their Philippine operations, MNCs with operations in Philippines, too, are relying on Indian ...
22 Jul, 2008, 07.45 AM IST
- Citigroup loses prime talent as action hots up
The past few months have seen a host of exits in middle and senior-level management at Citigroup. Most of these exits are in consumer banki...
05 Sep, 2007, 03.07 AM IST