January 18th, 2018Apple has announced that it will invest and spend about USD 350 billion in the United States in the next five years creating some 20,000 jobs in the country.
Already the largest US taxpayer, Apple anticipates repatriation tax payments of approximately USD 38 billion as required by the recent changes to the tax law.A payment of...
June 26th, 2017British lender Royal Bank of Scotland said today that it is cutting 443 UK jobs dealing with business loans, and plans to shift many of the roles to India.
The UKs largest government-owned bank said it was moving the jobs, which help handle loans for small businesses, as part of an ongoing cost-cutting drive.
"As we become a...
May 18th, 2017Flipkart has been named the top employer followed by Amazon and KPMG India in the second and third place respectively, according to a list compiled by internet professional network LinkedIn.
Others in the top 10 of LinkedIn Indias most sought- after employers list include One97 Communications at the fourth place, Ola (5th), HCL...
May 2nd, 2017Infosys, a global leader in consulting, technology and next-generation services, today announced that it plans to hire 10,000 American workers over the next two years.
As part of this initiative, Infosys will open four new Technology and Innovation Hubs across the country focusing on cutting-edge technology areas, including artificial...
April 20th, 2017World is appreciating and recognizing ‘people’ from India, then why is India lagging to figure out the projection of investment from its own ‘people’? Why isn’t India able to harvest it and reap itself huge pool of benefits?
Japan has leveraged its cultural emphasis on ‘efficiency and team work’, to revolutionize the...
April 7th, 2017Online healthcare platform Practo has laid off around 10% of its workforce amounting to 150 employees as part of its annual performance appraisal and redundancies due to acquisitions.
“Yesterday, 150 of our colleagues left the company to pursue opportunities outside. This is a combination of natural redundancies that emerge as we...
March 14th, 2017IT security firm McAfee is looking at adding more jobs at its centre in Bengaluru and will continue to invest in growing local business in India, a top official said today.
Global chipmaker Intel had last September spun out McAfee as a separate company with private equity player TPG owning 51% share in the new entity. The deal is...
March 6th, 2017India's leading e-commerce platform Flipkart is looking to hire 20-30 per cent more people in 2017 compared to last year even as rival Snapdeal hands out pink slips to its employees.
The Bengaluru-based firm, which is locked in an intense battle with the US-based Amazon for leadership in the Indian market, will hire most laterals this...
March 6th, 2017The services sector returned to the growth zone in February after three months of demonetisation- driven contraction but recovery was 'mild' and business confidence remained subdued, a monthly survey showed today.
Besides, higher input costs forced companies to hike prices and the rising inflationary pressure may result in the Reserve...
March 1st, 2017San Francisco: The University of California, San Francisco on Tuesday laid off 49 information technology (IT) employees and outsourced their work to a company based in India, ending a year-long process that has brought the public university under fire.
The university announced the plan last July as a way to save $30 million over five...
February 23rd, 2017Microsoft CEO Satya Nadella today made a strong case for using digital technologies to empower the common man and launched a slew of India-centric initiatives, including a platform to connect semi-skilled workers with employers.
The technology giant also launched a 'lite' version of its video interaction platform Skype. "If digital...
February 19th, 2017Automation and the new US administration were the big unknowns at the Indian tech sector's annual shindig this week, with machines threatening to take away thousands of jobs and concerns over possible visa rule changes in the key American market.
But senior executives from the USD 150 billion industry, which rose to prominence at the...
