Yahoo prepping to 'lay off thousands of workers' in massive restructuringMar 31, 10:34 am
San Francisco, Mar 31 (ANI): Embattled Internet firm Yahoo will start laying off thousands of employees next week and would announce a plan to restructure the company, according to a report.According to technology blog All Things D, the dismissals will be 'deep' and focus on the company's product, research, and marketing units.The site said Yahoo's goal is 'to cut many thousands' of employees, although not all of the layoffs will come at once, CBS News reports.According to the website, the Internet giant's tentative restructuring plan is aimed at creating a global media division that includes the company's communications and search businesses, as well as units focused on worldwide and regional sales.Meanwhile, Yahoo has seen its revenue decline recently amid competition from Web rivals Google, Facebook and other Internet firms.The firms' stock is down 8.1 percent over the last 12 months, and 15.6 percent over the last three years. (ANI)
Japan's Kyosan join hands with TSTS to cater to Indian market May 27, 10:46 pm
Bengaluru, May 27 (ANI): With an aim of expanding its business in India and neighbouring countries, Kyosan Electric Manufacturing Company Ltd, Japan, last year acquired 36 percent shares in TVM Signalling and Transportation Systems Pvt. Ltd. (TSTS) based in Karnataka's Bengaluru city.Full Story »
Brands and Bloggers Meet, first of its kind event in Delhi May 27, 4:39 pm
New Delhi, May 27 (ANI-Businesswire India): Team Lamhe, in association with Neuz Saloon, hosted the Brands and Bloggers Meet on Thursday (May 26) at Ardor Lounge, Connaught place. The best of both worlds - Fashion and Lifestyle - graced the event, with 17 brands showcased in the presence of Delhi's top 30 fashion and lifestyle bloggers!Full Story »
FSSAI advised to come up with standards for fortification of food grains: Consumer Affairs, Food and Public Distribution Ministry May 27, 4:19 pm
New Delhi, May 27 (ANI): The Ministry of Consumer Affairs, Food and Public Distribution together with Union Ministry of Health and various other ministries have assigned the mandate to Food Safety and Standards Authority of India (FSSAI) to come up with standards for fortification of food grains such as wheat flour, rice which will add to the nutrient value of food intake, a top government official said at an ASSOCHAM event in New Delhi.Full Story »
Sensex, Nifty ends posting super gains; SBI up 9 pct May 27, 4:19 pm
New Delhi, May 27 (ANI): The market on Friday ended with super gains boosted by index heavyweights as the Sensex closed up 286.92 points or one percent at 26653.60, and the Nifty was up 79.90 points or 0.9 percent at 8149.55.Full Story »
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