Business

Yahoo Is Closing Down Its Beijing Office, Hundreds Unemployed

If Bloomberg News sources are to be believed, the reputed Internet company – Yahoo is closing down its China wing. This will lay off around 200 to 300 employees. On Wednesday, 18th March, Bloomberg reported that according to sources, Beijing office of Yahoo will close down soon leaving hundreds jobless. …

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Nokia to Sell Chennai Mobile Plant, Sources Say

There are talks in the market that the Indian Government might allow the telecom company Nokia to sell off its Chennai based plant. However the Government has put forth a condition. The money thus obtained will be deposited in escrow account. It will be there till the final verdict of …

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