| IT projects to cut costs for banks: KPMG | 11-SEP-09 |
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| Many of the banks in the country are planning to deploy technology related projects over the next one year, with an aim to reduce costs and ensure business growth, a study by global consultancy KPMG says. |
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| A-I names committees to cut costs | 03-SEP-09 |
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| National Aviation Company Ltd (Nacil), which runs Air India, has constituted committees to review productivity-linked incentives (PLI) and cost cutting measures. These will talk with the labour unions and report on Monday. |
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| A-I directors reshuffled in plan to cut cost | 03-AUG-09 |
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| National Aviation Company Ltd (Nacil), which runs Air India, has reshuffled its executive directors (EDs) and created a new designation of ED (marketing). Also, all regional EDs, who used to operate from their respective areas of jurisdiction, have been asked to operate out of Mumbai. |
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| New steel technologies can cut cost: Experts | 18-JUL-09 |
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| The adoption of the latest and environmentally sustainable technologies in steel making by the domestic steel firms for their upcoming greenfield projects can help cut greenhouse emissions, reduce operating costs and also curtail the consumption of raw materials like coal. |
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| Govt will help, but Air India must also cut costs: PM | 25-JUN-09 |
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| The government has asked the National Aviation Company of India Ltd (Nacil) to present a restructuring plan for Air India (A-I) which would include infusion of equity, a possible voluntary retirement scheme (VRS) to reduce employees (31,000 strong), independent directors on the board and a rejig of top management to get the ailing state airline out of its mess. |
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| Nestle India to cut costs by going green | 10-JUN-09 |
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| In line with the global trend of going green, FMCG major Nestle India is working on a series of initiatives to reduce use of natural resources and cut costs. |
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| Satyam to cut cost by having fewer offices | 01-JUN-09 |
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| In its efforts to get out of the financial mess created by the multi-crore rupee fraud, Satyam Computer Services is planning to reduce real estate costs by terminating lease contracts for offices in India, which will help the embattled IT firm to save up to Rs 100 crore by the end of this year. |
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| Satyam to cut cost by having fewer offices | 31-MAY-09 |
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| In its efforts to get out of the financial mess created by the multi-crore rupee fraud, Satyam Computer is planning to reduce real estate costs by terminating lease contracts for offices in India, which will help the embattled IT firm to save up to Rs 100 crore by the end of this year. |
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| Patni cracks Japanese outsourcing mkt | 26-MAR-09 |
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| Recession-hit Japan is finally looking at Indian providers of outsourcing services to cut cost. A case in point is Mumbai-based Patni Computer Systems, which has not only signed two $10 million deals in Japan in the recent past but has also witnessed increased traction in the region. |
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| TCS on cost cutting mode, cuts staff travel | 25-MAR-09 |
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| Tata Consultancy Services (TCS) has adopted measures like avoiding travel where possible, and moving people from abroad to India to cut costs, a senior official of the company said here today. |
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