• Sign Up
  • |
  • Sign In Sign Out
  • |
  • Make us your home
  • |
  • RSS
1 2
1 15
1 4
1 9
1 13
1 14
IPO
1 25
1 5018
SME
1 5018
  • SMS BOS < space > stock query at 56388
  • LYONDELLBASELL UNDER CHAPTER 11 BANKRUPTCY PROTECTION SINCE JAN-2009
  • LYONDELLBASELL IS ONE OF THE WORLD'S LARGEST PETROCHEMICALS COMPANY
  • RIL MAKES NON-BINDING CASH OFFER TO BUY CONTROL IN LYONDELLBASELL
  • OFFER APART FROM EQUITY FINANCING PROPOSED BY RIL FOR LYONDELLBASELL
  • OFFER UPON EMERGENCE OF LB FROM CHAPTER-11
  • OFFER SUBJECT TO DUE DILIGENCE & SUFFICIENT CREDITOR SUPPORT
  • LYONDELLBASELL: RIL OFFER POTENTIAL ALTERNATIVE TO REORGANIZATION PLAN
  • LYONDELLBASELL: TO TRY TO MAXIMIZE VALUE FOR ALL CREDITORS
  • LYONDELLBASELL PRIVATELY OWNED BY PROCHEMIE GMBH
  • RIL: NO ASSURANCE THAT OPPORTUNITIES WILL RESULT IN A TRANSACTION
  • RIL: REVIEWING OTHER GROWTH OPPORTUNITIES FOR GROWTH IN CORE BIZ
  • SUBMITTED TO LYONDELLBASELL NON BIDDING OFFER TO ACQUIRE FOR CASH
  • CASH OFFER FOR A CONTROLLING STAKE UPON EMERGENCE FROM CHAPTER 11
  • OFFER PURSUANT TO ITS PLAN OF REORGANISATION
  • OFFER IS PRELIMINARY AND SUBJECT TO CUSTOMARY CONDITIONS
  • RIL REVIEWING OTHER GROWTH OPPORTUNITIES FOR GROWTH
  • Stock moves on WAP: Logon to mobile.ndtv.com on GPRS browser
  • SMS INDEX to 56388 for live market updates
  • Finance buzz: Logon to mobile.ndtv.com on GPRS browsers
  • Stock updates: SMS STO followed by scrip name to 56388
  • For Kingfisher Airlines flight updates sms KING to 56388
  • Email us at buyorsell@ndtv.com
  • Call us at 011-26201171
  • DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q3
  • GOLDMAN SACHS DOWN 1.6%, GE DOWN 1.1%, CISCO DOWN 1%, MERCK UP 3.2%
  • DOW JONES FALLS FOR 3RD STRAIGHT DAY TO END LOWER BY 0.1% ON FRIDAY
  • DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q2
  • U.S MARKETS ENDED LOWER ON FRIDAY AS TECH STOCKS TOOK THE BIGGEST HIT
  • NASDAQ DOWN 0.5%, S&P 500 INDEX LOWER BY 0.3% AT CLOSE ON FRIDAY
Updated: 05/11/2009 | 07:22 PM IST
MS to trim global workforce; minimal impact on India
Press Trust of India
Thursday, November 05, 2009 (New Delhi)
Comments:
Read (0)

Global software major Microsoft will slash hundreds of jobs globally as part of its effort to realign business activities.

The layoffs are expected to be across different locations and businesses. Sources said the number of possible lay-offs could be close to 800.

When contacted, a Microsoft India spokesperson said the impact on the company's India headcount would be in single digits. The firm currently employs about 5,300 in the country.

"We continue to review our business needs and align our resources accordingly, be it our headcount or our spending.

The impact on India remains minimal and in single digit. At the same time, we continue to hire in priority areas," the spokesperson said.

In January, the software major had announced plans to trim 5,000 jobs.

At that time, Microsoft said it would cut up to 5,000 jobs in R&D, HR, marketing, sales, finance, legal, and IT. Four months later, Microsoft CEO Steve Ballmer had warned the company might axe more jobs depending on the impact of the economic downturn.

"As we move forward, we will continue to closely monitor the impact of the economic downturn on the company and if necessary, take further actions on our cost structure, including additional job eliminations," Ballmer had said in May.

Comments:
Read (0)
Comments
 
Market Watch
         
Graphs
Stocks

                                Moremore
Stock Dashboard
Trading Calls
Rupal Saraogi
Rupal Saraogi
2.09% status
Current: Rs 1755.5
Simi Bhaumik
Simi Bhaumik
2.43% status
Current: Rs 2335.75
Stock Recos
The investors should remain invested in the stock
The investors can book partial profit and hold the remaining stock with a stoploss of closing below Rs 105
Buy or Sell
Today's Analyst: Neera Jain
Query : Sukhendu, an investor from Mumbai, has 500 Wockhardt at Rs 184/share.