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Barclays to increase workforce by 10% in Asia
UK-based Barclays today said it would increase workforce in merchant banking segment across Asia by 10 per cent during 2010.

Another lacklustre day
The Indian bourses continue to trade flat. The Sensex is now at 17,600, down 15 points.

News of the day

'France wants to be privileged partner in India's growth'
Seeking greater cooperation in education sector, France today said Indian students are most welcome there and that it wants to be a "privileged partner" in the growth that India is witnessing now.
Management

Sun TV rejigs its distribution biz

Sun TV Network is planning to restructure its distribution business and team with a creation of two verticals — South India operations and International business and the second would focus on expanding Sun TV bouquet into the north, west and eastern markets of India. - Sun TV restructures distribution business - Sun TV up on restructuring plans - Sun TV restructures business - Sun TV to create two verticals - Prepared, this time - Sun TV: Shining bright The Chennai-based television network appointed Mohammed Mujeebuddin and Jawed Akthar respectively to head the two units. In an announcement to the Bombay Stock Exchange, the company said that the key focus of this organisation is to distribute the Sun television channels in India and internationally via all fixed networks including cable, DTH, IPTV, HITS and MMDS. Kalanithi Maran, CMD, Sun TV Network said this is very important initiative for the company in the distribution platform business and is being created with the vision of better leveraging our very successful television brands across the country and internationally, the content assets and resources of Sun TV will enable us to continue to thrive in media landscape. He added that Mujeebuddin will head the South India and International operations. His last assignment was with Star Den Media Services. Akthar will head north, east and western India operations and he was associated with the Star Group for over 13 years, where he was executive vice president — distribution managing Star’s all India cable distribution business.


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