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Article: INDIAN NEWSPAPER HIGHLIGHTS - JUNE 9, 2009.
- Article from:
- AsiaPulse News
- Article date:
- June 9, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW DELHI, June 9 Asia Pulse - Highlights of today's newspapers:
THE ECONOMIC TIMES:
- Tech Mahindra (BSE:532755), which counts Britain's biggest phone firm BT as its top customer, is facing a backlash in the UK for allegedly replacing local British workers with Indian professionals at lower salary levels.
While Indian companies have been accused in the past of replacing local workers with their staff at lower wages, the latest episode could cause more damage because of the rising unemployment rates in the UK and other top software export markets.
- Jet Airways (BSE:532617) will cut capacity by another 10 per cent and redeploy excess ...