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South Asian Observer
The First Online South Asian News Source in Canada
Satyam starts procedure to sell 51 percent stake
( 09-Mar-2009 )

Mumbai, Mar. 9 (ANI): Satyam Computer Services has begun the procedure of selecting an investor by inviting expressions of interest from bidders. SEBI has recently authorized Satyam to sell up to 51 percent stake. Under the process that started on Monday, the bidders will have to submit detail ....
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Workers at TATA-owned Jaguar vote for a pay freeze
( 06-Mar-2009 )

London, Mar.6 (ANI): Workers at TATA-owned car giant Jaguar Land Rover have voted to accept a shorter working week and a one-year pay freeze to avoid compulsory job cuts. Members of Unite and the GMB unions accepted the deal – 70 percent to 30 percent - after being urged to vote in favour by unio ....
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Inflation slips to a seven year low of 3.03 percent
( 05-Mar-2009 )

New Delhi, Mar 5 (ANI): The inflation rate dipped further on Thursday due to the falling prices of fuel and food items. It went down to a six-and-a-half-year low of 3.03 percent.   As measured by the wholesale price index (WPI), inflation fell down to 3.03 percent in the week ending February 21 f ....
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Workplace discrimination increases during economic crisis
( 04-Mar-2009 )

Washington, March 4 (ANI): American researchers at George Mason University say that workplace discrimination can increase in times of economic turmoil, as employees then feel threatened by outside factors like finances. Lead researcher Eden King says that a study has revealed that people, who supp ....
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Dos and don''ts regarding laying-off employees during recession
( 04-Mar-2009 )

Melbourne, Mar 4 (ANI): While recession-hit companies are increasingly issuing pink slips to their employees, a recent survey has detailed a list of dos and don''ts on how to lay off workers.   The survey, by the US-based Human Capital Institute of more than 300 global corporate executives, has p ....
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