SBI's maha merger, Modi's I-day speech & other top stories

THE ECONOMIC TIMES Sat, Aug 20, 2016 | 05:07 PM IST Weekly News Platter

SBI's maha merger with 6 banks; 8 things you should know Post approval, State Bank of Travancore, State Bank of Mysore, State Bank of Bikaner and Jaipur and Mahila Bank will stand merged with SBI. readmore Who will replace Rajan? Modi may pick one of these 8 or surprise us all Here is a non-definitive list of eight possible candidates based on discussions with RBI watchers and reports in local media. After Cisco, IT cos including IBM, HP may lay off workers So far this year, tech companies in the United States have shed about 63,000 jobs, according to outplacement consultancy Challenger, Gray & Christmas, Inc.

Editor's Pick India can get you 10 medals in 2020 for Rs 480 crore If India wants to grab its biggest haul of medals (of 7) at the Tokyo Olympic Games in 2020, it needs to invest Rs 336 crore over the next four years. This new tech will make close to 70,000 jobless in India by 2021 This number is over and above the hundreds of thousands of jobs that will be lost due to automation and will impact unskilled and blue-collar workers. Guess who is making more money than Future & Reliance Retail The defence canteen stores, which is a not-for-profit organisation, earned Rs 236 crore during FY14-15, according to a RTI query. Ola lays off 700 employees, shuts down TaxiForSure business Since the acquisition, Ola has been silently shutting down TaxiForSure as an independent brand across various cities and has been integrating TaxiForSure offerings to its own app

Most Popular This Week As IT slumps, the winter of hiring sets in at Infosys Defence ministry readies war chest, eyes $8.3 billion parked with PSUs PSU employees overpaid at the bottom, underpaid at the top: Rajan How IT firms like TCS, Infosys are changing their appraisal systems While India was rooting for Sindhu, these 2 states were googling her caste

Story of The Week From Pakistan to Surajya: 9 points from PM Modi's Independence day speech Dressed in a short-sleeved white kurta and a turban streaked in shades of orange, Modi underlined his government's mantra. read more

Money Inflation crosses red line: Here's how your investments can beat it Prices of goods and services are rising faster than what the indices show. If you are saving for long-term goals, make sure your investments run ahead of inflation. Is NPS the right investment option for you? The structuring of the NPS may not be ideal for some who are looking to save for retirement. Read on to find out more before you plan to invest in it.

Stock Round Up Top 5 champions that can strike gold for you over the next 1 year Brokerages such as Deutsche Bank, Citigroup in separate notes have given buy recommendations on 5 stocks after their June quarter earnings.

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