The new year is starting off with a whopper of a rumor. CNET News reports that Microsoft is planning to cut 15,000 jobs, 17 percent of its workforce, on January 15. Previous rumors stated Microsoft would look to cut 10 percent of its global workforce, says DailyTech.
Read more »Microsoft Job Cuts - Rumors of Microsoft Layoffs Beginning to Swirl
Jet Airways cuts basic fare by up to 40 %
Jet Airways has announced up to 40 per cent reduction in basic fares on the economy class on all its domestic flights from Monday.The basic fare for the Mumbai-Delhi economy class will now be Rs. 2,000, for Mumbai-Kolkata it will be Rs. 4,065
Read more »Microsoft lay off - Microsoft may lay off more than 9000 employees
World leader Microsoft may soon lay off more than 9000 employees of the company.

The world technology giant has been advised to layoff 9100 employees to increase its profit and shrug off the economic recession that has paralysed the whole world, particularly the western countries.A leading brokerage company Oppenheimer
Wipro To Buy Citi Technology Services For About $127 Million
Wipro Technologies, the information technology division of Wipro Ltd. (507685.BY), Tuesday said it will buy Citi Technology Services Ltd. for about $127 million in cash.India-based Citi Technology Services is the captive information technology services arm of financial services major Citigroup Inc. (C).
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Chanda Kochhar to succeed KV Kamath as ICICI Bank CEO

ICICI Bank's Joint Managing Director and group Chief Financial Officer Chanda Kochhar is likely to take over from its CEO and managing director K V Kamath after he demits office on April 30, 2009, reported PTI citing sources. The bank's board is meeting tomorrow to decide on the successor.
Kalpana Morparia quits ICICI Bank to join JPM India
Kalpana Morparia, vice chairperson, ICICI Bank, has quit the bank. Morparia was joint managing director till May 2007. The bank has confirmed the resignation of Morparia.
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Nishita Shah Among Next Young Billionaires (Pictures)
There are currently 1,125 billionaires on Forbes’ list of the richest people in the world. Their average age is 61 years old.
Nishita Shah is 27 years old and one of the wealthiest people in Thailand, reportedly earning $350 million in 2007. She is director of Precious Shipping
Govt considering to raise DAVP ad rates
Government today said it was considering to increase the advertising rates issued by the Directorate of Advertising and Visual Publicity (DAVP) within a fortnight following demands from the newspaper industry due to rising inputs costs.
Read more »Learn How To Use HDFC Netbanking
On the payment step look for the “Pay with Net Banking” tab (right below “Pay with Credit Card” and “Pay with Debit Card”). Choose HDFC bank and hit the “Continue” button.
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