Research In Motion – RIM (makers of Blackberry smartphones), has been loosing its senior professionals consistently for last one year. There have been concerns regarding competitiveness of its products and dipping financials. Earlier in 2011, July –the company also had slashed about 2000 jobs, which seems to have impacted its profitability further. Considering Research In…
Category: News
Ma Foi to exit staffing and recruitment business
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Yahoo Inc. announces job cuts of about 2000 employees starting today ..
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Yahoo Inc., today has announced organizational restructuring that may lead to elimination of about 2,000 jobs. The company will soon begin the process of informing employees about these changes. As part of that effort, approximately 2,000 people will be notified of job elimination or phased transition. It seems that there will be more job cuts…
Indian job seekers are most confident at salary negotiations – Linkedin study
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Mountain View, Calif. — April 3, 2012 — LinkedIn, the world’s largest professional network with more than 150 million members worldwide, today released data about professionals’ attitudes toward career negotiations like asking for a raise or closing a business deal. LinkedIn surveyed more than 2,000 professionals globally for the study. The study shows a direct…
Steria and Learntesting partner to enable self-study for ISTQB qualifications
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Internal online training portal now available to Steria customers as-a-service within Steria’s RightTesting portfolio Steria and Learntesting today announced that they are launching a unique self-study environment to support the needs of employees pursuing professional qualifications from the International Software Testing Qualifications Board (ISTQB). The online portal offers e-learning materials in English, German and French…
Homeshop18 Appoints COO’s For M-Commerce And TV Shopping
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Ruchi Soya in the Global Top 250 Consumer Products Industry by Deloitte
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April 04, 2012, Mumbai: Ruchi Soya Industries Limited (Ruchi Soya) has been ranked at 175 in the top 250 consumer products companies, in the ‘Global Powers of the Consumer Products Industry 2012’ report published by Deloitte Touche Tohmatsu (Deloitte). The report in its 5th annual version identifies the 250 largest consumer product companies around the…
Asian firms offer more variable pay compared to Western firms in the region – Mercer
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As per a Mercer survey – Asia Executive Remuneration Snapshot Survey – there are significant differences in executive pay practices between Asian and Western firms operating in Asia. Amongst the findings of the survey: Annual variable pay tends to be higher at Asian firms compared to Western companies. “Asian companies prefer more flexible pay structures…
Reliance Industries Limited gets certified as a “Responsible Care” Company under American Chemistry Council
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Mumbai, March 4, 2012: Reliance Industries Limited (RIL) becomes the first Indian company to be certified as “Responsible Care Company” under stringent standards of American Chemistry Council (ACC), USA. RIL’s Petrochemical Business won this accolade for its robust management system that ensures highest standards of health, safety, security and environmental performance for both its products…
James Murdoch steps down as Chairman of BSkyB
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The Board of British Sky Broadcasting Group plc (‘BSkyB’ or ‘the Company’) today announced that James Murdoch has stepped down as Chairman and will continue to serve in his capacity as a Non-Executive Director of the Company. Mr Murdoch is succeeded as Chairman of BSkyB by Nicholas Ferguson, who was appointed as a Director of…
Max India may see branding & HR verticals under one leader
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We may be seeing an interesting development in case of Max India – with HR & Branding verticals being brought together under one leader. There are unconfirmed reports of ex Future Group senior executive – Vibha Paul Rishi taking over the brand and hr capital vertical at Max India. The position would have its reporting…
Madhu Kannan, would join Tata Sons as Group Head Business Development
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Tata Sons today announced that Madhu Kannan, 38, will soon join Tata Sons as group head, business development, reporting to Cyrus P Mistry, Deputy Chairman, Tata Sons. Mr Kannan will be joining from BSE (formerly the Bombay Stock Exchange), where he has been the managing director and chief executive officer since May 2009. As per…
Leadership changes in PSU Banks
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Allahabad Bank: Mr Tilak Raj Chawla takes over as Executive Director of Allahabad Bank. He would be succeeding Mr. D Sarkar. Mr Chawla is an MBA in Finance and started his career with Punjab National Bank in 1977. He has been associated with Dena Bank as Assistant General Manager, General Manager and Chief General Manager.
Essar Oil Elevates Mr. C. Manoharan To Board Position As Director Refinery
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Essar Oil Ltd. announces the appointment of Mr. C. Manoharan, as Director (Refinery), with a position on the Company’s board. Prior to this, Mr. Manoharan held the position of Head of Refinery at Vadinar and was instrumental in successfully running the refinery consistently at above 130% capacity using almost 70 different grades of crude oil…
Goldman appoints new Lead Director and new Audit Committee Chair
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Goldman Sachs announced the Retirement of John H Bryan and Lois D. Juliber from Goldman Sachs Board of Directors. Mr. Bryan has been a director and a member of each of the standing committees of the Board since November 1999; in addition, he served as the Lead Director and as Chair of the Board’s Corporate…