Business
ArcelorMittal Nippon will continue to put money into India: Team CEO Aditya Mittal
ArcelorMittal Nippon Steel (AM/NS) is keen on building a portfolio of value-added products and will invest across its businesses to tap the rising steel demand in India, group chief executive Aditya Mittal said in a letter to employees on Friday.The letter acknowledged the role played by employees as AM/NS India celebrates the second anniversary in…

Business
IBM cuts 3,900 jobs, misses annual money purpose
IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter. Chief Financial Officer James Kavanaugh told Reuters that the company was still “committed to hiring for client-facing research and development…
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