Category: News

China plans massive relocation to fight poverty

Chinese authorities said it will spend 950 billion yuan ($142.4 billion) to relocate about 16 million people out of poor areas nationwide as China strives to meet its poverty eradication goal by 2020. Authorities will offer job training and livelihood support for resettled families and provide a pension and medical insurance. Around 110,000 km of …

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Permanent link to this article: http://new-democrats.com/china-plans-massive-relocation-to-fight-poverty/

Raymond to replace 10,000 jobs with robots in next 3 years

Raymond to replace 10,000 jobs with robots in next 3 years

Permanent link to this article: http://new-democrats.com/raymond-to-replace-10000-jobs-with-robots-in-next-3-years/

Layoffs at Twitter’s Bengaluru development center as it stops global engineering work

Layoffs at Twitter’s Bengaluru development center as it stops global engineering work

Permanent link to this article: http://new-democrats.com/layoffs-at-twitters-bengaluru-development-center/

TCS earnings warning a symptom of Indian IT sector woes

On September 8th Tata Consultancy Services (TCS) shares dropped as much as 6.4 per cent after the Mumbai-based IT major said it is witnessing “sequential loss of momentum” in the key banking, financial services and insurance (BFSI) vertical. TCS shares, which closed 4.85 per cent lower at Rs 2,322, underperformed the broader Nifty that ended …

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Permanent link to this article: http://new-democrats.com/tcs-witnesses-sequential-loss-of-momentum/

Mass layoffs spook job market in India in 2016 – Economic Times

This entry is part 4 of 19 in the series Struggle Against Layoffs

Massive job cuts by Cisco Systems, Microsoft, IBM, Flipkart, OLA and many others.  

Permanent link to this article: http://new-democrats.com/mass-layoffs-spook-job-market-in-india-in-2016-economic-times/

SVS College verdict – “All legal cases are resolved with a suitcase”!

It has been 7 months since Mrs.Vasuki (Founder, SVS College) and her associates were arrested following the mysterious death of 3 students ( Priyanka, Monisha, Saranya).  their dead bodies were found in a well near the college campus. The mystery surrounding the death is yet to unfold but the ban on the college is lifted …

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Permanent link to this article: http://new-democrats.com/hc-removes-seal-on-svs/

Swathi – Infosys Employee Murder

Permanent link to this article: http://new-democrats.com/swathi-infosys-employee-murder/

Suicide of engineering student Lenin!

Suicide of engineering student Lenin! Is a murder by SBI and corporate mafia Reliance! Central, state governments! You provide neither education nor jobs! Youth need eduction, not bank loan! Shutdown private education mafia! From primary school to higher learning Provide free, quality, uniform education to all!

Permanent link to this article: http://new-democrats.com/suicide-of-engineering-student-lenin/

The price we pay for “progress

India generates about 18.5 lakh tonne electronic waste every year. This figure is expected to reach up to 30 lakh tonne per year by 2018. The government, public and private industries contribute over 70 percent of e-waste, while 15 percent comes from households. Out of the total e-waste generated, only 2.5 percent gets recycled. Sectorwise …

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Permanent link to this article: http://new-democrats.com/18-lakh-tonne-ewaste-generated-annually/

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