CUTTING

  • Rail passengers unlikely to benefit from diesel price cut 9 hours 3 minutes ago

    New Delhi: Reduction in diesel price is unlikely to be passed on to rail passengers as the cross-subsidisation burden on passenger service is still hovering around Rs 26,000 crore. "It is true that diesel prices have come down two-three times in the last few months but it has not happened beyond...
  • Petrol, diesel rates cut by Rs 2 per litre each 1 week ago

    New Delhi: Petrol and diesel prices were today cut by Rs 2 per litre each as international oil prices slumped to five-year low. This is the eighth straight reduction in petrol prices since August, and fourth in diesel since October. New rates will be effective midnight tonight, Indian Oil Corp, the...
  • Veteran actress Sadhana stable after undergoing surgery: Doctors December 13, 2014

    Mumbai: Legendary actress Sadhana, who was admitted to a suburban hospital on Tuesday here for a lesion in her mouth, underwent a surgery and is stable now, doctors said today. "She had a small lesion in her mouth which we had operated on. She had fluctuations in blood pressure levels for...
  • Ebay plans to cut thousands of jobs next year: Report December 11, 2014

    Bengaluru: Online retailer eBay is mulling over a plan to cut thousands of jobs early next year, as it readies to spin off its PayPal unit, the Wall Street Journal reported, citing people familiar with the company's thinking. "We are focused on running the business and setting eBay and PayPal up...
  • Jaipur: 17-day-old boy's private part allegedly cut-off by a relative over a property dispute December 3, 2014

    Jaipur: In a shocking incident from Jaipur, a relative allegedly cut off the private parts of a 17-day-old baby over a property dispute. The doctor said that the reconstructive surgery was not possible till the boy is 5 years of age. The boy's parents have registered an FIR and have alleged...
  • Rate cut by RBI will give a good fillip to the economy: Arun Jaitley November 18, 2014

    Pushing for a rate cut by the Reserve Bank of India, Finance Minister Arun Jaitley said that the measure would give a good fillip to the economy. Jaitley's comments came on the back of a slide in crude oil prices and inflation moderating. "I am quite clear in my mind...
  • US, China reach 'understanding' on IT tariff cuts: White House November 11, 2014

    Beijing: The United States and China have "reached an understanding" on an agreement to reduce tariffs on information technology trade, the White House said, in what Washington called a boost to WTO efforts to slash trade duties. Washington hopes the move would "contribute to a rapid conclusion" of negotiations in Geneva...
  • Jet fuel prices slashed by 7.3 per cent, no cut on fares November 2, 2014

    New Delhi: Jet fuel (ATF) rates were cut by a steep 7.3 per cent, the fourth straight reduction in prices since August on back of falling international oil rates. The price of aviation turbine fuel (ATF), or jet fuel, at Delhi was cut by Rs 4,987.7 per kilolitre, or 7.3 per...
  • Petrol price cut by Rs 2.41 a litre ,diesel rate lowered by Rs 2.25 with effect from midnight October 31, 2014

    New Delhi: Petrol price was on Friday cut by Rs 2.41 a litre, the sixth reduction since August, and diesel by Rs 2.25 per litre on back of falling international oil rates. The reduction in rates of petrol and diesel, which was deregulated for the first time in more than a...
  • Yahoo set to outline cost-cutting efforts: Report October 20, 2014

    Bangalore: Yahoo is expected on Tuesday to outline cost-cutting efforts and give details of how it is evaluating possible acquisitions as it faces pressure from an activist investor, the Wall Street Journal reported, citing a person who was briefed on the plan. Yahoo is considering acquiring one or more large technology...
  • Motorola Moto G (1st Gen) gets a price cut, now available at Rs 9,999 October 19, 2014

    New Delhi: After cutting down the price of the first-generation Moto X, Motorola has now slashed the price of the original Moto G (16GB) by Rs 4,000. The first-generation Moto G (16GB) that was launched early this year at a price of Rs 13,999, is now available on online retailer...
  • Motorola Moto X (1st Gen) price slashed by Rs 6,000, now available for Rs 17,999 October 15, 2014

    New Delhi: Motorola has slashed the price of its first-generation Moto X smartphone in India by Rs 6,000. The phone, which was earlier available for Rs 23,999, is now available on e-commerce site Flipkart for Rs 17,999. The original Moto X( first-gen) features a 4.7-inch touchscreen, Android KitKat OS, dual-core 1.7...
  • Yahoo lays off hundreds of employees in India October 8, 2014

    San Francisco: Yahoo is reducing the size of its operations in Bangalore, India, the Internet company's largest engineering facility outside its California headquarters. The company said in a statement on Tuesday it was consolidating "certain teams into fewer offices" in Bangalore, but that it would continue to have a presence there. The...
  • Angry Birds maker Rovio to cut up to 130 jobs October 3, 2014

    Helsinki: Finnish mobile games maker Rovio, owner of the Angry Birds brand, plans to cut up to 130 jobs in Finland, or 16 per cent of its workforce, saying growth has not been as strong as expected and it needs a simpler structure. Aiming to become an entertainment brand on a...
  • SpiceJet announces 50 per cent discount on tickets till March 2015 September 25, 2014

    New Delhi: In yet another low-fare offer, SpiceJet on Thursday announced 50 per cent off on base fares on limited tickets for travel till March 2015 on sale till Saturday. The offer would allow customers to avail 50 per cent discount on available fares for travel in two phases -...
  • Don't agree with cutoff age concept, it's one's own ability: Sheila Dikshit September 14, 2014

    New Delhi: As rift within the Congress has been widening and it has almost become a fight between old guard and young generation, former Delhi chief minister Sheila Dikshit did not agree with the cutoff age concept. She said it was one's own capability and ability and there could not...
  • Ukraine warns of painful winter due to Russian gas cut September 13, 2014

    Kiev: Ukraine warned that it will have to adopt deeply unpopular energy savings measures this winter should Russia fail to lift its suspension of natural gas sales to the Westleaning exSoviet neighbour. Russia in June halted gas exports to Ukraine after Kiev balked at paying higher prices that Moscow demanded...
  • Diesel price may be cut for 1st time in 7 years; Petrol by Re 1 per litre September 9, 2014

    New Delhi: With Brent crude oil prices dipping below $100 per barrel, petrol prices may be cut by Re one a litre and there is also a likelihood of first reduction in diesel rates in seven years. Petrol and diesel rates are due for revision on September 15 and there...
  • Government working on power generation projects, says Piyush Goyal September 7, 2014

    New Delhi: The government on Sunday said that there was no low coal supply and dryfuel based power production has increased by about 22 per cent in the three months of Narendra Modiled government. Addressing the media, Power and Coal Minister Piyush Goyal said that coal shortage at power stations was...
  • TWTW: Mumbaikars speak about power crisis in the city September 7, 2014

    A massive power cut in Mumbai last week caused a lot of disruption. Maharashtra Chief Minister Prithviraj Chavan asked Prime Minister Narendra Modi to convene a meeting of the Chief Ministers to discuss the acute power shortage. ...
  • Arun Jaitley nudges RBI to cut rate to boost growth August 10, 2014

    New Delhi: Nudging the Reserve Bank of India to cut interest rates to boost growth, Finance Minister Arun Jaitley on Sunday said that he had already made his mind clear and hoped the central bank will take decision after taking into account various factors. The RBI had maintained statusquo on interest...
  • BJP Kisan Morcha protests over power cuts August 6, 2014

    Protesting over power cuts,BJPKisan Morcha on Wednesday held a demonstration at sector 21A sub station and gave memorandum. Morcha district president Chandgi Ram said unscheduled power cuts have caused inconvenience to residents. In spite of the assurance for the last several years, the power distribution company was not able to supply 24x7...
  • Heavy rains in Gujarat, Valsad district worst affected July 30, 2014

    Ahmedabad: Heavy rains have hit Gujarat in the last 24 hours resulting into waterlogged roads. East Ahmedabad has been the worst affected. Irregular water supply and frequent power cuts has resulted into harassment. Water logging has been reported from the neighbouring district of Vadodara. The situation in Valsad district is...
  • Memo from Microsoft Executive VP Stephen Elop announcing job cuts July 18, 2014

    Microsoft Executive Vice President Stephen Elop sent employees of the company's devices business a memo detailing its job cut plans. Microsoft said it would cut up to 18,000 jobs over the next year, with about 12,500 related to Microsoft's acquisition of Nokia's phone business in April. Elop was Nokia's CEO...
  • Memo from Microsoft CEO Satya Nadella announcing the largest job cuts in the company's history July 18, 2014

    Microsoft announced on Thursday that it will cut up to 18,000 jobs, or about 14 per cent of its staff. CEO Satya Nadella, who took the job in February, delivered the news to staff in a memo that Microsoft released publicly. Here's the text of that memo: From: Satya Nadella To: All...
  • Microsoft to cut up to 18,000 jobs, to half the size of its recent Nokia acquisition July 17, 2014

    Seattle: Microsoft Corp said on Thursday it would cut up to 18,000 jobs, or about 14 per cent of its workforce, as it halves the size of its recent Nokia acquisition and trims down other operations. The company said it will take pretax charges of $1.1 billion to $1.6 billion for...
  • Mumbai hotels, commercial set ups to have 50 per cent water cut July 17, 2014

    Mumbai: Sparing residents from further water cuts, the Municipal Corporation of Greater Mumbai (MCGM) has raised the water cut of hotels and commercial set ups in the city to 50 per cent from Thursday. "To provide relief to small consumers, we have decided to contain the water cuts of the residents...
  • Microsoft expected to announce thousands of job cuts on Thursday July 17, 2014

    Seattle: Microsoft Corp is set to cut more than 6,000 jobs in an announcement expected early Thursday, according to sources familiar with the matter, as it trims its newly acquired Nokia phone business and reshapes itself as a cloudcomputing and mobilefriendly software company. What could be the deepest job cuts in...
  • Poor rainfall, technical glitches worsen UP's power crisis July 16, 2014

    Uttar Pradesh continued to face power outages on Wednesday due to technical glitches in some of the state's power plants, an official said. Major cities like Varanasi, Prime Minister Narendra Modi's parliamentary constituency, Ghaziabad and Noida, besides others, had power cuts for a long time. Uttar Pradesh Power Corporation Limited (UPPCL) officials...
  • Power demand in Delhi touches alltime high of 5,925 mega watts July 15, 2014

    New Delhi: The power demand in the national capital on Tuesday touched an alltime high of 5,925 mega watts even as areas across the city faced electricity cuts for upto four hours. The previous highest power consumption in the city was recorded on July 11 when it had gone upto 5810...