Wal-Mart to Increase Workforce by 36% in Five Years

Wal-Mart Stores Inc (WMT) will increase its workforce by 36% in the next five years to take advantage of growing international demand.

The new hires will take the company’s headcount to 3 million, from 2.2 million now, Susan Chambers, executive vice president for human resources, said at a conference in India.

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New employees will be hired “mostly” outside the United States, Chambers…

Continue reading Wal-Mart to Increase Workforce by 36% in Five Years

Wal-Mart to Increase Workforce by 36% in Five Years originally appeared on DailyFinance on Thu, 30 Sep 2010 08:39:00.

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Indian Conglomerate in Talks to Buy MGM

Indian conglomerate Sahara India Pariwar is in talks to buy U.S. movie studio Metro-Goldwyn-Mayer Inc in a deal worth more than $2 billion, The Wall Street Journal reported.

MGM owes creditors about $4 billion, mostly to hedge funds that purchases th…

Mukesh Ambani: The World’s Next Richest Man?

India’s Mukesh Ambani may not be a household name like billionaires Bill Gates or Warren Buffett, but here’s a look at why it could be just a matter of time before the Indian mogul climbs to the top of the world’s richest list….