Daily Archives : November 1, 2013

Temporary Solution for Janayugom’s Layoff Issue


Janayugom, the Communist party’s official newspaper has put an end to the layoff issues. The newspaper is owned by CPI, a party that always stood firmly for the needs of laborers.  The trade union wing of CPI, AITUC has many times took stern stands against managements that did not give a heed to the right of their employees. A newspaper…

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Yahoo Firing 500 Under-performing Employees


Yahoo is all set to send home its 500 under-performing employees. According to All Things D’s Kara Swisher reports, the company’s CEOMarissa Mayer has begun the lay off. The report says that the CEO is planning to send home any one who is rated as either ‘misses or occasionally misses’  at least twice in the past five quarters. Mayor has…

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Vodafone Slashed Data Rates by up to 80% Across the Country


Vodafone brings happy news for its customers across India-a slashed 2G and 3G data rates by up to 80%. The new rates will come in effect from today onwards. The company had already in June offered slashed data rates in UP West and Madhya Pradesh , Karnataka and Chhattisgarh circles.  And also there are are no additional data charges on…

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Indian Students to Benefit from Australia’s New Visa Reforms


The Australian government is all set to reform its higher education industry. The government is planning to simplify the visa procedure aiming to attract more students from countries such as India.  To undo the damage done by the previous government to the education scenario, education minister Christopher Pyne and imigration minister Scott Morrison jointly announced the government’s plans to bring…

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RBI hikes repo rate by 0.25%, brace for bigger EMIs


To fight inflation, the Reserve Bank Governor has  again raised interest rates. This move will result in banks raising interest rate making living tough for the already suffering common man. Raghuram Rajan, The RBI governor claims the  decision to hike the main lending or repo rate from 0.25 per cent to 7.75 per cent will be helpful in fighting inflation.…

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