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Great economists will always say that education, food and medical industry can never be hurt by any recession. If you dig deep you would find that these are the industries where over consumption can never happen and also, these being … Read More »
Recession is in and it’s time to hit the sack and say all negative things about it! Not really. Cash the Crash paints a very positive story on recession and talks of why (and how) is it a big opportunity. … Read More »
[Guest post by Ankit Maheswari, Founder/CEO of Instablogs. Ankit. candidly shares Instablogs traffic, what worked / what didn’t – and most importantly, what are they doing to counter-attack recession.] In India, our financial year ends 31st March. This might sound … Read More »
Recession is hitting the advertisement world and private sector, which constitutes the bulk of advertising industry will curtail it’s spending by 32-35% in the current fiscal. As per ASSOCHAM, even though print and media have dropped their rates
Recession has hit the consumer spending hard – but the worst hit segments are passenger cars/two-wheelers and airlines. As far as consumer durables are concerned, overall production for categories such as washing machines, refrigerators and televisions grew 7 per cent … Read More »
Oracle India’s Financial Services (i.e. erstwhile i-Flex), in a drive to cut cost has linked salary with one’s billing hours – resulting in salary cuts of 10-50% across the board. “If an employee is a billable resource for 15 days … Read More »
The media business is solely dependent on advertising dollars – and is precisely the most hit in the times of recession. Here is a recap of what’s happening with media businesses: Outlook group, as reported in Businessworld is up for … Read More »
In a cost cutting drive, Infosys has urged it’s employees to cut cost atleast by $10. “If each one of us is able to identify a savings of even $10-not just per day or per month-but $10 as a one-time … Read More »