ERICSSON RECRUITMENT in Aug 2015 in Major Cities.
About ERICSSON :
Ericsson was now being seen as a take over target by ITT, its main international competitor. In 1931 ITT acquired from Kreuger enough shares to have a majority interest in Ericsson. This news was not made public for some time. There was a government imposed limit on foreign shareholdings in Swedish companies, so for the time being the shares were still listed in Kreuger's name. Kreuger in return was to gain shares in ITT. He stood to make a profit of $11 million on the deal. When ITT's Behn wanted to cancel this deal in 1932, he discovered that there was no money left in the company, just a large claim on the same Kreuger & Toll that Kreuger had himself lent money to. Kreuger had effectively bought LM Ericsson with its own money.
Kreuger had been using the company as security for loans, and despite his profits, was unable to repay these loans. Ericsson found that they had invested in some very doubtful share deals, whose losses were deemed significant. ITT examined the deal and found that it had been seriously misled about Ericsson's value. ITT asked Kreuger to come to New York City for a conference, but Kreuger did not attend. As word of Kreuger's financial position spread, pressure was put on him by the banking institutions to provide security for his loans. ITT canceled the deal to buy Ericsson shares. Kreuger could not repay the $11 million, and committed suicide in Paris in 1932. ITT owned one third of Ericsson, but was forbidden to exercise this ownership because of a paragraph in the company's articles of association stating that no foreign investor was allowed to control more than 20% of the votes.
Walkin fresher's Drive On 06th-08th Aug 2015
2015 for freshers.for more education qualifications details find below the Details and schedule
Company Name :ERICSSON
Job Designation : Analyst
Job Type : Walkin
Education Qualification :
1. B.E/B.Tech/MCA/Bsc/BCA Degree
2. Regular Passed out with 60%, No- Backlogs
3. Good in Subject Knowledge
4. Good in Communication skills
Desire Candidate Profile:
-Candidate Must have more than 60% marks in overall Graduation without any backlogs
and remarks
- Candidate should have Ability to do work with any inconvenience
- Candidate must have responsible and analysis with team members
- Candidate should have the leadership quality skills to maintain his team.
Interview Process :
1. Written test.
2. Group Discussion.
3. Thinking and logical or Reasoning skills
4. Technical Round.
5. H R Round.
Experience : Freshers(2013/2014/2015 passouts)
Working Location : All over india
Apply Information : Direct Walkin + Online
Click Here to Apply online & Submit Your Resume For This Job
Interview Schedule :
Important Date : 06th-08th Aug 2015
Last Date : 08th Aug 2015
Apply Mode : Online
Register Below To get Guarentee Refference Must Confirm ur E-mail After Registration
Ericsson was now being seen as a take over target by ITT, its main international competitor. In 1931 ITT acquired from Kreuger enough shares to have a majority interest in Ericsson. This news was not made public for some time. There was a government imposed limit on foreign shareholdings in Swedish companies, so for the time being the shares were still listed in Kreuger's name. Kreuger in return was to gain shares in ITT. He stood to make a profit of $11 million on the deal. When ITT's Behn wanted to cancel this deal in 1932, he discovered that there was no money left in the company, just a large claim on the same Kreuger & Toll that Kreuger had himself lent money to. Kreuger had effectively bought LM Ericsson with its own money.
Kreuger had been using the company as security for loans, and despite his profits, was unable to repay these loans. Ericsson found that they had invested in some very doubtful share deals, whose losses were deemed significant. ITT examined the deal and found that it had been seriously misled about Ericsson's value. ITT asked Kreuger to come to New York City for a conference, but Kreuger did not attend. As word of Kreuger's financial position spread, pressure was put on him by the banking institutions to provide security for his loans. ITT canceled the deal to buy Ericsson shares. Kreuger could not repay the $11 million, and committed suicide in Paris in 1932. ITT owned one third of Ericsson, but was forbidden to exercise this ownership because of a paragraph in the company's articles of association stating that no foreign investor was allowed to control more than 20% of the votes.
Walkin fresher's Drive On 06th-08th Aug 2015
2015 for freshers.for more education qualifications details find below the Details and schedule
Company Name :ERICSSON
Job Designation : Analyst
Job Type : Walkin
Education Qualification :
1. B.E/B.Tech/MCA/Bsc/BCA Degree
2. Regular Passed out with 60%, No- Backlogs
3. Good in Subject Knowledge
4. Good in Communication skills
Desire Candidate Profile:
-Candidate Must have more than 60% marks in overall Graduation without any backlogs
and remarks
- Candidate should have Ability to do work with any inconvenience
- Candidate must have responsible and analysis with team members
- Candidate should have the leadership quality skills to maintain his team.
Interview Process :
1. Written test.
2. Group Discussion.
3. Thinking and logical or Reasoning skills
4. Technical Round.
5. H R Round.
Experience : Freshers(2013/2014/2015 passouts)
Working Location : All over india
Apply Information : Direct Walkin + Online
Click Here to Apply online & Submit Your Resume For This Job
Interview Schedule :
Important Date : 06th-08th Aug 2015
Last Date : 08th Aug 2015
Apply Mode : Online
| IF U R FRESHER CLICK HERE TO APPLY |
| IF U R +2 EXP CLICK HERE TO APPLY |
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