If the government is asking a maximum price for Air India but mandates to keep old personnel, it will not match. The government is likely to include a clause in the share purchase agreement to......
Barclays' former CEO Bob Diamond, who stepped down last week amid the interest rate rigging scandal, will forgo deferred bonuses worth 20 million pounds (about Rs 171 crore), the British lawmakers......
American Airlines on Wednesday said it is cutting 921 flight attendant jobs as part of its plans to trim workforce due to lower travel demand. Of the 921 job reductions, 228 flight attendants......
The world's largest mobile phone maker Nokia will be slashing its global workforce again by another 490 jobs, with as many as 170 positions to go in logistics, production management and production......
The world's largest mobile phone maker Nokia will be trimming its workforce by 1,700 employees worldwide, as part of the company's cost cutting efforts. The firm said on Tuesday actions would be......