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Citigroup to shed 4,500 jobs to trim costs, makeover losses 04 January 2012
Citigroup is drawing up plans to eliminate about 4,500 jobs, or 1.5 percent of its global work force of 267,000. This impediment is certain as the US financial major seeks to trim costs in a bleak global economic environment. The...
Keywords: Citigroup, Down sizing Citi, Citigroup, Job Cuts
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Pledge assembly, CM bungalow for funds! 15 February 2011
Responding to the reported decision of the government to pledge the properties of the SC and BC corporations to collect money for reimbursement of the students’ fee to the engineering colleges, senior TDP leader Devender Goud today asked the government...
Keywords: fee reimbursement, fee reimbursement, Pledging of assembly, secretariat
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RTC lands open for 30-year lease 12 March 2012
In the wake of reports that the RTC would be privatized, the government is getting ready to give on lease valuable RTC lands to private parties on BOT (Build, Operate and Transfer) mode to raise funds to run the organization....
Keywords: RTC losses, RTC lands, privatization of RTC, pledging of RTC bus stands
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RBI Reduces Mandatory Hedging For Foreign Loans 27 November 2018
RBI Reduces Mandatory Hedging For Foreign Loans:- The Reserve Bank of India announced that the mandatory hedging provision for the foreign loans has been reduced from 100% to 70% to ease the External Commercial Borrowing norms. "On a further review...
Keywords: Reserve Bank of India news, Reserve Bank of India updates, Reserve Bank of India, Reserve Bank of India news
Read More IBM retrenched 1000 contractors 15 October 2011
IBM One of the largest private sector employers in India, is trimming its contract workforce. At least 600-1,000 contract employees have been asked to leave the company since August. Sources in the recruitment industry and the company attribute this to both...
Keywords: workforce, stipulation, workforce, economic
Read More Polavaram tender given to KCR benami: Revanth 20 October 2011
Accusing KCR of doing business with the Telangana agitation, TDP Telangana Forum leader Mr Revanth Reddy said TRS president KCR has got the Polavaram Project tender finalized in his benami company name in return for calling off the mass general...
Keywords: Polavaram Project tender, TDP Telangana Forum leader Mr Revanth Reddy, TDP Telangana Forum leader Mr Revanth Reddy, pledging the Telangana agitation
Read More AK Khan tightens gold-pledging process 18 June 2011
In what is seen as an attempt to curb gold robberies which are increasing day by day in the city, Hyderabad police commissioner AK Khan today imposed new restrictions on money-lending organizations giving loans against pledging of gold ornaments. Addressing...
Keywords: gold loans, gold robberies, pledging gold ornaments, loans on gold-pledging
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