The
cat is finally out of the bag and the numbers are trickling
in. The slowdown-hit IT industry is coming to terms with
layoffs in India and not many companies are issuing elaborate
denials terming it an ‘‘exercise in resource optimisation’’,
although they are trying to justify it by calling it an
effort to weed out underperformers.
Mahindra
BT sees jump in business as Rockwell ODC goes online
Mahindra
British Telecom Limited (MBT) took a major step towards
its goal of reducing dependence on British Telecom business
with the opening of the Rockwell Electronic Commerce offshore
development centre (ODC) at its facility in Pune.
Marico
hypes health for Saffola family
MARICO
Industries Ltd (Marico) has decided to create an umbrella
value for its edible oil brand Saffola, to be extended
to other product categories in the future.