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 […]
Tag: restructuring
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.