Mumbai: The rupee was marginally weaker on Monday, with the outlook negative as global sentiment, fuelled by weak US non-farm payrolls and Chinese non-manufacturing PMI, continued to hurt risk assets. At 9:04 am, the partially convertible rupee was at 55.58/60 per dollar, weaker than its 55.54/55 close on Friday. Europe's debt crisis has frayed nerves around the world for months. Now signs of weakness in the US jobs market and...
09:33 AM, Jun 04, 2012
Washington: Another bad month for the US job market is lengthening the list of perils facing the global economy. American employers added only 69,000 jobs in May, the fewest in a year and not even close to what economists expected. For the first time since June, the unemployment rate rose, to 8.2 per cent from 8.1 per cent. It was the third month in a row of weak job growth...
11:02 AM, Jun 02, 2012
New Delhi: Information technology sector in the country witnessed steep decline in hiring activities as most companies embraced cost cutting measures to tide over uncertain economic conditions, say experts. "Hiring activities have seen a dip of 29 per cent in IT and ITeS sectors in May 2012 from the preceding month," MyHiringClub.com CEO Rajesh Kumar said. However, he said that other industries have increased recruitment activities by 13-15 per cent...
04:44 PM, Jun 01, 2012
New Delhi: BlackBerry-maker Research In Motion (RIM) is likely to slash around 2,000 jobs worldwide as part of a massive restructuring plan that will begin in the next couple of weeks, according to a report. "RIM is preparing for a major global restructuring beginning in the next couple of weeks that will see it eliminate at least 2,000 jobs across its worldwide operations," the Globe and Mail reported citing a...
10:21 AM, May 29, 2012
London: Women in highflying jobs drink twice as much than those in manual jobs, according to UK's official statistics, reflecting a startling "cocktail and business card culture" which is on the rise. Figures from the Office of National Statistics in the UK showed that women in top positions, such as managers in large companies, drink a bottle of wine a week on average, around 11.2 units, compared with 6.2 units...
03:36 AM, May 21, 2012
New Delhi: Steve Jobs admired Henry Ford. Therefore it shouldn't come as a big surprise that the Apple co-founder dreamed of designing a revolutionary car - the iCar. Speaking at Fast Company's Innovation Uncensored conference, J Crew CEO and Apple board member Mickey Drexler said, "Steve's dream before he died was to design an iCar." Drexler added that has Jobs built the dream car "it would've been probably 50 per...
05:03 PM, May 19, 2012
Sorkin, who won an Oscar for his screenplay on Facebook film The Social Network and created TV drama 'The West Wing', said on Thursday that he would be looking for an element of tension or an obstacle in Steve Job's life on which to hang the movie. Movie studio Sony Pictures announced on tuesday that Sorkin would adapt Walter Isaacson's best-selling biography of the enigmatic genius behind the iPod and...
11:36 AM, May 19, 2012
New York: Screenwriter Aaron Sorkin hasn't yet figured out how to put the life of Apple co-founder Steve Jobs on the silver screen, but he is certain its not going to be a straightforward biography. Sorkin, who won an Oscar for his screenplay of Facebook film 'The Social Network' and created TV drama 'The West Wing', said on Thursday he would be looking for an element of tension or an...
11:49 PM, May 18, 2012
Los Angeles: Steve Jobs' life will be brought to the big screen by Oscar-winning screenwriter Aaron Sorkin in a movie based on Walter Isaacson's best-selling biography of the enigmatic co-founder of Apple, maker of iPods and iPads. Sony Pictures Entertainment on Tuesday unveiled plans to put Sorkin, who wrote Facebook film 'The Social Network', behind the screenplay of what will be a major release for the movie studio. "There is...
07:13 PM, May 16, 2012
New Delhi: Actor Ashton Kutcher is playing the lead role in Steve Jobs' biopic. Dressed as the late Apple founder, Kutcher looks impressive. Let's wait and watch whether he will be able to meet people's expectations or not. ...
04:34 PM, May 16, 2012
Chennai: Youth in villages around Kudankulam, where people are agitating against the setting up of the nuclear power plant, are unable to take up jobs abroad as passports are being denied to them, it was alleged at a public hearing in Chennai on Monday. About a dozen villagers deposed at the public hearing on 'Kudankulam and State Supression of Democratic Rights, coming up with startling revelations on the harassment they...
08:32 AM, May 15, 2012
London: Four out of ten young couples in Britain have either shelved their plans to start a family or delayed it because they cannot afford kids, a new study has found. The reason behind the decision has been attributed to the increased living costs like rising bills, petrol prices, food inflation and job insecurity, the Daily Express reported. A study on 2,412 childless couples found they had decided to delay...
07:29 PM, May 11, 2012
Cuttack: In a shocking incident in Odisha, a retired judge, his wife and son were arrested on Wednesday on charges of trying to kill their 23-year-old pregnant domestic help. When the police rescued Mini Pradhan at the Mahanad river barrage in Cuttack, she had a shocking tale to tell before she was whisked off to the ICU with multiple injuries. Mini alleged that she was thrown off the barrage by...
07:39 AM, May 11, 2012
New Delhi: In signs of better job market prospects, hiring activities increased across many sectors, including banking and pharma in April, says a survey by leading employment portal Naukri.com. Naukri.com's Job Speak Index climbed to 1,193 in April from 1,170 in March. The index is a monthly measure of online job demand. Noting that the first month of the financial quarter starts on a positive note, Naukri.com said the index...
08:10 PM, May 10, 2012
Jaipur: The Centre's move to carve out 4.5 per cent reservation for minorities will double the job opportunities for Muslim community, Union Law Minister Salman Khurshid on Sunday said. "The 4.5 per cent reservation for minorities would increase two fold the job opportunities for Muslims, who must get their rightful share in the fruits of development," Khurshid said. The demand for reservation in employment and education for Muslims was not...
02:29 AM, May 07, 2012
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