German investment banking company, Deutsche Bank’s Chairman Paul Achleitner has recently said that he intends to step down when his term ends in 2022. As per a Reuters report, his decision signals a new era at the German bank as it struggles to become profitable. Deutsche Bank is Germany’s largest lender. The announcement was made…
Walmart Inc, the world’s largest retailer, has laid-off more than 50 of its India executives as part of its restructuring efforts in the country. According to a Reuters report, citing Krish Iyer, President and CEO of its India unit, about eight senior management executives were also fired. The move clearly signals the struggles Walmart is…
he government described these reforms as historic and believes that these will go a long way in achieving Government’s vision of making Indian Railways the growth engine of India’s Vikas Yatra.