Bush House falls silent after last BBC broadcast

As part of the BBC`s relocation plans to cut costs, the World Service has moved from Bush House to Broadcasting House.

AI`s cost cutting steps should match govt assistance: GoM

A Group of Ministers on Wednesday night made
it clear to ailing Air India that any assistance by the
government should be matched by the airline through cost-
cutting and revenue enhancement measures.

US firms to continue with cost cutting steps in 2010: Survey

With the US economy continuing to be in recession, American firms are likely to carry forward their cost cutting drive into next year in doling out starting salaries, except those with expertise, says a survey.

Deve Gowda ridicules austerity measures

JDS chief and former Prime Minister H D Deve Gowda on Saturday took a dig at the austerity measures recently advocated by Union Finance Minister Pranab Mukherjee for both MPs and ministers as part of resource mobilisation efforts.

Oil Major BP ups cost cut target as profits dive

Oil giant BP Plc said it had increased its cost reduction targets for 2009 by 50 percent to USD 3 billion, as it reported a halving in second quarter profits due to lower oil prices and weaker refining margins.

India becomes R&D hot spot as high-tech firms cut costs

At Microsoft`s research centre in a leafy lane in India`s tech capital, a new generation of researchers are being groomed half a world away from the software giant`s sprawling headquarters in Seattle.