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Thursday, December 7, 2023


For CEOs, thirst for perks may be in their DNA

WHY DO CEOs need extravagant perks even when they are firing staff and pleading for taxpayer bailouts? It may just be in their makeup,...

UK retail major Argos to pull out of India

CATALOGUE retail major Argos is winding up its two-year trial operations, including five stores in Mumbai and a telephone and internet ordering service, in...

Corus announces 2,500 job cuts

CORUS, Europe's second-largest steelmaker, is expected to announce plans to axe up to 2,500 jobs in the UK as early as today, the BBC...

Price Waterhouse employees arrested in India

POLICE in India have arrested two employees of Price Waterhouse, the auditors of the troubled Indian outsourcing giant Satyam Computer Services Limited. S Gopalakrishnan and...

India bans toy imports from China, gives no reason

INDIA banned yesterday imports of several types of toys from China for six months without saying why, a move that pleased local manufacturers but...

India plans to triple trade with Africa, deepen ties

INDIA expects to triple trade with Africa over the next five years to reach $100bn, officials said today, as it tries to strengthen ties...

Potential buyers approach Satyam

BUYERS have begun to circle beleagured outsourcing giant Satyam Computer Services Limited, which has been fighting for its future since founder and former chairman...


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