Though corporate affairs minister Salman Khursheed had hinted at government intervention, the first phase of layoffs has started at Satyam Computer Services (SATYAM.BO : 66.95 +4.1). Trainers, HR and sales and marketing executives are being singled out for action by Tech Mahindra (TECHM.NS : 586 +26.9), Satyam’s new owner. “The first phase of layoffs has [...]
01 Jun, 2009
Posted by: MaGiAsHoK In: News
MUMBAI: The Bombay Stock Exchange benchmark Sensex climbed to hit its nine-month high, rising over 281 points in early trade on Monday, with metal and realty stocks leading the rally, supported by firming global equity markets. The 30-share index, which had gained nearly 1,040 points in the last three sessions, jumped 281.56 points, or 1.65%, [...]