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Kingfisher plans massive cost-cutting exercise, job cuts, and longer working schedules 05 January 2012
Cost– cutting has been the mantra, to reduce debt burden, adhered across the globe. In a latest bid the private airliner which had a severe financial crunch in the recent past is trying to work out a major a cost-cutting...
Keywords: Job Cuts, Job Cuts, Debt Crisis, Debt ridden
Read MoreGlobal economy heading for another downturn: RBI 25 January 2012
The global economy seems to be headed for another downturn after just three years. The recovery is likely to lose traction due to the continuing euro area debt crisis,” RBI Governor D. Subbarao said in a statement. Reserve Bank of...
Keywords: global financial markets, GDP, United Nations' economic department data, United Nations' economic department data
Read MoreStrong fundamentals to help India return to high growth: Pranab 05 May 2012
Addressing a press conference in Manila, after taking over as Chairman of the Board of Governors of the Asian Development Bank (ADB), he said, India was growing at over 9 per cent. Pinning hopes on revival of business confidence and...
Keywords: Pranab Mukherjee, impact of euro-zone debt crisis, strong fundamentals, revival of business confidence
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