BBC to cut more than 1,000 jobs
The BBC is to cut more than 1,000 jobs, mainly by slashing layers of management and squeezing back office functions such as marketing and communications.
Tony Hall, director general of the BBC, addressed staff in London on Thursday and explained that the cuts are needed to make up for funding shortfall of £150m in 2016-17 largely due to the faster-than expected switch to online viewing.
The new proposals are expected to save £50m largely by merging divisions and cutting layers of management.
HR veterans to set up firm to coach CEOs
Ever heard of a coaching centre for training CEOs and top executives on human resources strategies and management?
Now three HR veterans - Arvind Agrawal, Aquil Busrai and Visty Banaji are coming together to set up a first-of-its-kind firm for training CEOs and top executives.
The three together have more than 120 years of experience in managing human resources at some of the top corporate houses in India and abroad, including the Tata Group, IBM, Unilever, Shell and the RPG Group.
India's seafood exports reach an all-time high
India's seafood exports touched an all-time high of Rs 33,441.61 crore for the year 2014-15. This figure recorded a growth of 11 per cent over last year. The volumes at 10,51,243 tonnes showed a growth of 7 per cent. In dollar terms the export value stood at $5.51 billion, up by 10 per cent year-on-year.
Frozen shrimps continued to be the flagship product in the seafood exports accounting for a share of 34 per cent in quantity and 67 per cent in dollar value of the total exports. Vannamei grown in aquaculture farms was the main item under shrimps. Of the overall seafood export, shrimps comprised 3,57,505 tonnes valued around $3.7 billion.
Top Ramen noodles taken off shelves
Instant noodles brand Top Ramen, which had also been a favourite with children and adults alike, has been taken off the shelves from the Indian market on orders from central food safety regulator FSSAI.
The news of its withdrawal has been announced by Indo Nissin, the company that manufactures Top Ramen.
Earlier, Nestle had to recall Maggi noodles, while Hindustan Unilever also withdrew its Knorr instant noodles brand over safety and regulatory issues.
The entire controversy triggered in India after lead beyond permissible limits was found in Maggi noodles along with taste enhancer monosodium glutamate (MSG).
Saina becomes the highest paid female sports endorser in India
Indian badminton player Saina Nehwal has becomes the highest paid female sports endorser in the country ahead of tennis player Sania Mirza and boxer Mary Kom after signing an endorsement deal with Kellogg, pegged at close to Rs 1.5 crore.
The India spokesperson for Kellogg, the world's largest breakfast cereal maker, confirmed the association with Nehwal but declined to give details of the deal.
The 25-year-old world number 2 badminton player already has endorsement deals with Yonex, Bajaj Nomarks cream, Iodex pain reliever, Indian Overseas Bank and the Sahara group.