Category: India

In one of India’s biggest-ever layoffs, L&T sheds 14,000 employees from its workforce

L&T has been facing challenges with customers deferring orders and falling oil prices contributing to a sharp slowdown in the Middle-east, one of its biggest bets. Competition has increased in domestic market as companies fight for a shrinking order book pie.

Permanent link to this article: http://new-democrats.com/in-one-of-indias-biggest-ever-layoffs-lt-sheds-14000-employees-from-its-workforce/

48 demonetisation deaths: Now, overworked bank manager dies of heart attack

This entry is part 6 of 17 in the series Demonetization

Rajesh Kumar (57) was found dead in his cabin Wednesday. A security guard who reached the bank in the morning knocked at his door, but got no response.

Permanent link to this article: http://new-democrats.com/48-demonetisation-deaths-now-overworked-bank-manager-dies-of-heart-attack/

Bondage without chains for Uber, Ola drivers

Incentives and commissions were purposely kept high (in the formative years of Ola and Uber India) to attract more drivers. Now, the aggregators are now trying to reduce payouts and increase the number of rides, simultaneously cutting fares, doling out discounts and offering bonus rides to customers.

Permanent link to this article: http://new-democrats.com/bondage-without-chains-for-uber-ola-drivers/

NDLF – IT Employees Wing Discussion Meeting

Talk and discussion on impact on IT industry of Indian Currency Demonetisation and US Trump Presidency
IT Union activities Discussion Date : 19th Saturday Time : 10 am to 1 pm

Permanent link to this article: http://new-democrats.com/ndlf-it-employees-wing-discussion-meeting/

Statement on DeMonetisation by leading economists, intellectuals

This entry is part 3 of 17 in the series Demonetization

We demand that the Government ensure that common people have immediate access to enough money to pay for their daily needs and health emergencies. Failing which, we demand the rollback of demonetisation or suspension of demonetisation to enable the common person to make adequate arrangements for daily needs and for more orderly phasing out of the old notes.

Permanent link to this article: http://new-democrats.com/statement-on-demonetisation-by-leading-economists-intellectuals/

Modi’s attack on common man starts pinching money bags

This entry is part 7 of 17 in the series Demonetization

Failure to act immediately would have unpleasant consequences. Instead of the bounty promised by a good rainy season, India’s farms would reap shortage and waste, leading to inflation. It is still not too late to remedy flaws in the ill-thought-through demonetisation scheme.

Permanent link to this article: http://new-democrats.com/modis-attack-on-common-man-starts-pinching-money-bags/

Currency demonetization by “Modi Bin Thuglak”

This entry is part 4 of 17 in the series Demonetization

What is the economics of cash? what are the circuits of black economy? how wooden headed is Modi’s this action? Read on and share your views.

Permanent link to this article: http://new-democrats.com/currency-demonetization-by-modi-bin-thuglak/

Modi killing Indian Economy by Quackery

This entry is part 2 of 17 in the series Demonetization

Attack agents and operators in Real Estate, Gold Trading, Share Market, Foreign Investment and Political Funding. Confiscate their assets, ask them to work for a wage in a factory or construction site like the majority of Indian population.

Permanent link to this article: http://new-democrats.com/modi-killing-indian-economy-by-quackery/

What Chameleon BJP said in 2014 about Demonetisation?

This entry is part 8 of 17 in the series Demonetization

“People with small savings and no bank accounts will be targeted. The present scheme does nothing to remove black money from circulation”

Permanent link to this article: http://new-democrats.com/chameleon-bjp-about-demonetisation-in-2014/

Money laundering by Modi before banning 500 and 1000 denomination

This entry is part 9 of 17 in the series Demonetization

After parceling out this enormous amount to overseas , now Modi playing anti corruption , anti counterfeit and anti black money drama by banning 500 and 1000 currencies…

Permanent link to this article: http://new-democrats.com/money-laundering-by-modi-before-banning-500-and-1000-denomination/

“No time to add new security features in notes, says official” – The Hindu

This entry is part 10 of 17 in the series Demonetization

On being asked whether the new design would minimise the chances of counterfeiting the new currency notes to be faked by Pakistan, the official said, “It is not impossible. Only the design has changed but the security features remain the same. Pakistan prints fake notes at their government press,” said the official.

Permanent link to this article: http://new-democrats.com/no-time-to-add-new-security-features-in-notes-says-official-the-hindu/

Rs 500, Rs 1000 blocked – ‘smart’ move by crafty Modi!

This entry is part 11 of 17 in the series Demonetization

9 & 10 November bank closed 12 November 2nd Saturday 13 November Sunday 14 November guru nanak jayanti Very smart pm !

Permanent link to this article: http://new-democrats.com/rs-500-rs-1000-blocked-smart-move-by-crafty-modi/

Image of Indian corporates in doldrums – says Economic Times article

“The common man tends to believe .. that billionaires are villains who have made their fortunes from daylight robbery of public money.” “.. the metropolitan and cosmopolitan electorate of Delhi .. had no problems with the .. allegations against captains of Indian industry.”

Permanent link to this article: http://new-democrats.com/image-of-indian-corporates-in-doldrums-et/

Getting rich through real estate. Foolhardy or swindling?

Price increase of real estate incidental to that process is nothing but a portion of value created by this labour and captured by the person holding the land as monopoly. The monopoly hold on the land enables the person to exhort (like mafia) money for the use of land.

Permanent link to this article: http://new-democrats.com/getting-rich-through-real-estate-foolhardy-or-swindling/

Diwali For whom – By Whom – Against Whom?

Jai Sampooka, Jai Soorpanaka, Jai Ravana! Jai Mahisasura, Jai Narakasura, Jai Mahabali! Unite and Fight against the Brahmanism! We are the sons of soil! Get rid of the central Asian Aryan culture!

Permanent link to this article: http://new-democrats.com/diwali-a-tale-of-suppression-of-indigenous-people-en/

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