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National Interest, The

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"Do not rely on a single economy" ; Larsen and Toubro (L and T) was affected due to the slowdown particularly the products businesses, which include switchgears, construction equipment and industrial bars.
"The first deliberate call we took was not to lay off anybody" ; The diversified group decided to reskill all surplus workers.
"Government had to step up its demand" ; The downturn affected the government as much as India Inc. The outgoing advisor to the Government of India details its impact and its lessons.
"Help your customers even in difficult times" ; Oil was at an all-time high at over $135 per barrel just before the financial meltdown. Then oil crashed to a low of $35 per barrel in January this year, bringing down any fresh demand for pipes fr
"You have to be visible as a leader" ; Transparency is a standard operating procedure for communications during a downturn.

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Your Work The 7 Interview Questions You Must Ask

The 7 Interview Questions You Must Ask

Forget 'What are your strengths and weaknesses?' If you want to get the real dope on prospective employees, ask job candidates these seven questions.
Your Industry Why Time-Warner Cable and News Corp. Need Each Other

Why Time-Warner Cable and News Corp. Need Each Other

Time Warner Cable and News Corp. are in an end-of-year face-off over carriage fees, with TWC threatening to pull Fox programming. While both flex their muscles, the truth is that both need each other so that consumers don't run into the arms of alternative viewing methods.
Your Money Dumbest Things You Do With Your Money

Dumbest Things You Do With Your Money

Even smart people make financial moves that are downright illogical. Emotions and superstitions have a sneaky way of keeping you from rational financial decisions. But dumb choices can have serious, real-world consequences. Here are some of the biggest blunders we all make, plus tips from the experts on how to keep cool.