Future Energy: Future Energy Development: Introduction, Example, Risk, Investments

In this article, we will talk about a common concept called Future Energy - basically describing the developments and alternatives available to the rapidly depleting traditional sources of energy like the fossil fuels. We will cover the topics like What is Future Energy, and Example of Future Energy, What can be the shape of Future Energy, What will drive the Future Energy needs. Future Energy
Though the media, especially the internet, is flooded with numerous examples of Energy Development, nobody is clear on what shape will the energy requirements of future will take and how will we be able to fulfill them. In this article, we list some of these Future Energy developments expected to happen. No, we are not going to list the same old alternative fuels like Solar Energy, Wind Energy, Biomass, Nuclear Energy,etc. but we will list some of the technologies which are still in the nascent state and it may take over the traditional methods of Energy Generation.

Fossil Fuels as energy source face the danger of extinction. It is even alleged that USA led the war on middle-east countries to gain access to fossil fuels. Whatever may be the consequences, the fact is the fossil fuels will deplete some day and we will be forced to look at alternate sources of energy.

Use and transformation of CO2 to Fuel using Nanotube technology: Considered to be a breakthrough technology for energy needs, if it materializes. It is an optimistic technology to convert the exiting carbon dioxide which is available in excess in the atmosphere of earth. Not only that, people are getting worried about the extra amount of CO2 in the atmosphere, so if this tech finds its way, then we will have a breakthrough.

Self Heating Eco friendly Houses: Another optimistic venture. This is more of a community inititative for people who believe that they should work in accordance with the nature and built houses which are not only eco friendly, but are also equipped with somethings which allow natural heating and cooling as required.

Related Articles: Green Mutual Funds  Low Cost Mutual Funds

Extracting Energy through Solar Roadways: Given the length (and breadth) of the highways across the country (and the world), a considerable amount of area is covered with Highways and roads. We are seeing a lot of interest in research for converting the normal road highways to what is called Solar Highways, which will mean converting the normal roads or highways with a road system having solar cells capability, and if installed on the whole of American inter-state highways, it can power the entire country even with a 10% solar efficiency. It may be costly in the initial stages, but is expected to give great results.

Related: Wind, Solar, Biomass, Geothermal - Which Fund/Stocks Should I Invest?

Hydrogen as a fuel from non-food items: We are aware that when hydrogen is burned, the only emission it makes is water vapor, so a key benefit of hydrogen fuel is that when burned, carbon dioxide (CO2) is NOT produced. Hence, Hydrogen fuels do NOT pollute atmosphere to that extent. At the same time, work is on to see if the Hydrogen as a fuel source can be made available from non-food sources. Keep watching, a lot of innovation is set to happen.

Free Float Market Capitalization Weighted Methodology: Changes at NSE

NSE or National Stock Exchange of India, is all set to throw a bomb-shell by changing its valuation and index computation methodology, which will see big changes in index weightage for many many companies.
The NSE is currently valuing all the indices using a full market cap basis. However, come June 26th 2009 and it will change to free float market capitalization methodology. Free Float Market Capitalization Weighted Methodology

What is full market capitalization weighted methodology?
As I've explained in this article about Index Funds, the index like NIFTY or BSE SENSEX is calculated for top 50 and top 30 stock respectively. When we talk about taking into consideration the Market Capitalization, we talk about taking all the shares that the company has. That includes shares which are still held by the promoters, by the government and everyone.

What is Free Float Market Capitalization Weighted Methodology?
Free float market capitalization weighted methodology takes into consideration ONLY those shares which are available for public trading. So that will NOT include shares held by the promoters, the government, etc. What this will mean is that certain companies, which have high holding by the promoters will loose out on the market cap valuations.

Can we have an example explaining Free Float Market Capitalization weighted methodology?
Yes. Say, for e.g. there are a total of 10 million shares of WIPRO. Out of this, The Chairman Azim premji may be holding 85% of the shares. That will mean he is having 8.5 million shares with himself. And that leaves only 1.5 million shares to be available for free traiding.
Suppose Wipro stock price is 500 Rs. per share. So if we go by the conventional method of Full market capitalization weighted methodology, the market cap of Wipro will be calculated as follows:
Market Cap = no. of shares * share price = 10 million shares * 500 Rs. = 5000 million Rs.

However, if we go by the Free float market capitalization weighted methodology, then the market cap of Wipro will cahnge significantly. That will take into consideration only those shares which are freely available for trading to investors (1.5 million only). Hence, market capitalization of Wipro will come to = No. of free float shares * price per share = 1.5 million * 500 Rs. = 750 million Rs. Only.

Now you can see that the market capitalization of Wipro has gone down considerably, to only 15 percent of the value calculated by the Full market capitalization weighted methodology. (Please note this is only an example, actual valuation of Wipro may be quite different)

Which companies will be affected by the change to Free float market capitalization weighted methodology?
Primarily, all the companies who have high holdings by the promoters will be affected. Some may even be in the danger of being kicked out of the index as the index calculation takes in to consideration only the top 50 or top 30 companies as per the market capitalization.
So, the companies like PSU in which government is the promoter and has majority stake with the government may be hit.

What is the pattern or which index are being currently calculated as Free float market capitalization weighted methodology?
As per CNBC, the following indices maintained by IISL are already being computed using free float market capitalization methodology:
a) CNX Realty Index
b) CNX PSU Bank Index
c) S&P CNX Nifty Shariah Index
d) S&P CNX 500 Shariah Index

The CNX Nifty Junior Index will be calculated using free float market capitalization methodology with effect from May 4, 2009.
The following categories would also be excluded from the free float factor where identifiable separately:

-Government holding in the capacity of strategic investor
-Shares held by promoters through ADR/GDRs.
-Strategic stakes by corporate bodies
-Investments under FDI category
-Equity held by associate/group companies (cross-holdings)

Global Warming forces Italy & Switzerland to change borders: Wake up call?

It's a wake up call - act now or repent later. The global warming is taking a toll. Countries fight with each other for years to grab a piece of land, but when nature or environment is destabilised due to human actions, it forces humans to act suddenly and go on the defensive. The same is happening on the Switzerland and Italian Borders. The two countries are now busy redefining the borders between them. Global Warming

What is the reason for this change?
Italian border was drawn by the Italian monarcy, and it dates back to 1861. So what has happened that now the 150 years old border is the be redesigned? It's the global warming and climate changes that are taking a toll. The borders pass through the glciers which acted as a natural borders for the 2 countries. Now, due to Global warming, the glaciers are melting and hence the landscape is changing at the given location. These changes have become significant in the last 20 years. The worst effects have come in the last 5 years or so.

What will change between Switzerland and Italy?
The borders will be shifted by atleast a 100 meters. Though no action is required on part of Switzerland, but Italy needs to pass a bill to redefine its border with Swiss.
As per Domain-b, Due to climate change, the reference points that used to demarcate the borders changed positions, although in places the conventional border followed water courses, but positions have changed significantly where glaciers have melted.

We had recently reported about the Earth Hour 2009 initiative, which took place on 28th March 2009. Now we have a concrete example of the 2 countries forced to chagne thwir borders. It's time to wake up

Walt Disney Layoffs Job Cut: fires employees: more to go

The news is from Walt Disney which has gone for layoffs. The news is not good for the employees of Walt Disney as the organization is going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Walt Disney. Walt Disney Logo

How many employees may be fired in the Walt Disney layoffs?
There is no official reports from the company. But as per the reports, a person intimated of the situation says that the no. of layoffs at Disney is around 450.

What is the total no. of employees of Walt Disney ?
Total No. of employees of Walt Disney is 62,000 as of now.

What will be the cost and savings by Walt Disney layoffs?
No info available about that.

When will the Walt Disney layoffs happen?
As per the reports, the layoffs are already underway.

Which locations and department of employees will be affected by the Walt Disney layoffs ?
No info is available location wise. As for the business segment or department, its the salaried workers who are affected. The employees affected belong to Disney World's back-office functions, including entertainment, merchandise, finance, transportation, training, emergency management,guest-service managers, managers and theme-park operations. It is reported that unionized employees have been spared.

What is the primary reasons for Walt Disney layoffs?
The layoffs are being done as a part of cost cutting exercise.

Any other news about Walt Disney layoffs
As per NewsDay, Disney World has been laying off workers since last month. But former employees say the cuts accelerated this week and have been so widespread that one former worker described it as "a massacre."
Let's hope that alternative jobs are available to the affected employees of Walt Disney Layoffs Job Cut

IBM Layoffs Job Cut: fires 600 US employees: 5000 more to go

The news is from IBM which has gone for layoffs. We had reported in the month of January 2009 about the possible IBM Layoffs Job Cut rumors and in February 2008 about the IBM layoff 700 employees (IBM fires freshers). Then there were news about the possible Sun Microsystem IBM layoffs Situation has gone worse for the US employees this time. The news is not good for the employees of IBM. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the IBM. IBM Logo

How many employees may be fired in the IBM layoffs?
There are 600 job cuts by IBM. The news is that this is just the start - 5000 jobs may be cut by IBM in total.

What is the total no. of employees of IBM ?
Total No. of employees of IBM is 115,000 workers in the United States in 2008 and 70,000 in India as of now.

What will be the cost and savings by IBM layoffs?
No info available about that.

When will the IBM layoffs happen?
As per the reports, the layoffs are already underway.

Which locations and department of employees will be affected by the IBM layoffs ?
No info is available location wise. As for the business segment or department, its the IT specialists who are fired from the Global Business Services unit. The cuts in GBS Application Services stand at 1,674. Then the IT architects, sales specialists, managing consultants, systems analysts, and financial analysts are also the ones in the affected line.

What is the primary reasons for IBM layoffs?
The layoffs are being done as a part of restructuring exercise. There are rumors that the job cuts are being done fro cost cutting and all these jobs will be shifted or outsourced to cheap labour countries like India.

Any other news about IBM layoffs
As per InformationWeek, Beyond the Subcontinent, Big Blue is building its footprint in Brazil, China, Eastern Europe, and other countries and regions where salaries are low compared to U.S. standards and where growth prospects exceed those of the sluggish North American market.
Let's hope that alternative jobs are available to the affected employees of IBM Layoffs Job Cut

Google Layoffs Job Cut: to fire 200 sales & marketing employees

The news is from Google which may be going for layoffs. We had reported in the month of November 2008 about the possible Google firing contract workers and in April 2008 about the Google Layoffs for DoubleClick employees. The news is not good for the employees of Google in the sales and marketing department. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Google. Google Logo

How many employees may be fired in the Google layoffs?
The news has been sourced from a post on the official Google Blog, which has quoted that the job cuts may be for 200 employees.

What is the total no. of employees of Google ?
Total No. of employees of Google is not known as of now.

What will be the cost and savings by Google layoffs?
No info available about that.

When will the Google layoffs happen?
As per the reports, the layoffs will be on need basis. The good news for the affected employees is that the company will give each person time to try and find another position at Google, as well as outplacement support, and provide severance packages for those who leave the company..

Which locations and department of employees will be affected by the Google layoffs ?
No info is available location wise. As for the business segment or department, it will be the sales and marketing guys who will be affected.

What is the primary reasons for Google layoffs?
The layoffs are being done as a part of restructuring exercise.

Any other news about Google layoffs
As per The official GoogleBLog, the intimation was posted by Omid Kordestani, Senior VP, Global Sales and Business Development
Let's hope that alternative jobs are available to the affected employees of Google Layoffs Job Cut

GM General Motors Layoffs Job Cut: to fire 47000 employees: Starts layoffs today

The news is from the GM General Motors which may be going for layoffs. The company has started the process of layoffs. We had reported in January 2009 about the news of General Motors GM Layoffs Brazil Job Cut and there was another news in November 2008 about the GM General Motors LayoffsThe news is not good for the employees of GM General Motors. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the GM General Motors. GM General Motors Logo

How many employees may be fired in the GM General Motors layoffs?
The news is that there may be 47000 job cuts by the GM General Motors. The company has initiated the layoffs with 160 Pink slips its technical center in Warren, Michigan. It's the beginning of 3,400 salaried layoffs in the U.S. and part of the 47,000 job cuts that GM wants to accomplish worldwide by the end of the year, Wilkinson said.

What is the total no. of employees of GM General Motors ?
Total No. of employees of GM General Motors is 243,000 globally of now.

Any plant or factories to be closed by GM?
Yes. The company has announced the closure of nine assembly, parts stamping and powertrain factories since the end of 2005, and it plans to close five more factories.

What will be the cost and savings by GM General Motors layoffs?
No info available about that.

When will the GM General Motors layoffs happen?
As per the reports, the layoffs are starting from April 1 and they will continue.

Which locations and department of employees will be affected by the GM General Motors layoffs ?
Layoffs are going to be global in nature.

What is the primary reasons for GM General Motors layoffs?
The layoffs are being done as a part of cost cutting exercise.

Any other news about GM General Motors layoffs
As per BizJournal, Wilkinson says the company will cut 3,400 salaried and 18,000 hourly jobs in the U.S. by the end of the year.
Let's hope that alternative jobs are available to the affected employees of GM General Motors Layoffs Job Cut

Energy Conservation: Earth Hour 2009 28 March: Fight Global Warming

EarthHour 2009 is a green environment initiative in partnership with Hewlett Packard (HP). It is a movement for initiative against the Global Warming phenomenon and a bid for Energy Conservation. It is an inititative to remind people across the globe about the ill-effects of global warming, by the repeated and careless use of energy materials and energy devices which result in global warming. Energy ConservationIt is going to be an initiative which requires some action on the part of individuals and that action will be to turn off the lights and energy consuming appliances completely for 1 full hour on Saturday, 28th march 2009, from 0830 PM to 0930 PM to save electricity and energy.

Interested in providing a helping hand, then all you have to do (atleast) is to shut down all the power consuming devices from 830 PM to 930 PM on Saturday the 28th of March. This is irrespective of which part of the world you live in, you can take this action in your own timezone.

What more can you do?
The concept and movement is not just for you. It is for making people aware about the effects of global warming and energy conservation. So dont just limit your actions to yourself. Call your friends, relatives, neighbours and tell them what they need to do for that 1 hour on 28th March.

Related: Alternative Energy Mutual Funds   Low Cost Mutual Funds & Green Investing: Green Investments: Consider these stocks now!
Remember, together we can make it happen.

KV Pharmaceutical Ther-Rx Layoffs Job Cut: may fire 1700 employees

The news is from the KV Pharmaceutical which may be going for layoffs. The news is not good for the employees of KV Pharmaceutical. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the KV Pharmaceutical. KV Pharmaceutical Logo

How many employees may be fired in the KV Pharmaceutical layoffs?
The news is that there may be 1700 job cuts by the KV Pharmaceutical.

What is the total no. of employees of KV Pharmaceutical ?
Total No. of employees of KV Pharmaceutical is not known as of now.

What will be the cost and savings by KV Pharmaceutical layoffs?
No info available about that.

When will the KV Pharmaceutical layoffs happen?
As per the reports, some layoffs are already done while some may be happening in the near future.

Which locations and department of employees will be affected by the KV Pharmaceutical layoffs ?
Houston Texas area will be affected by the layoffs. KV Pharmaceutical & the subsidiary company called Ther-Rx Corporation employees will be affected by the proposed layoffs. Mostly, it will be the sales employees who will get hit. The companies also laid off 21 other positions at Texas offices in Frisco, Ovilla and Coppell.

What is the primary reasons for KV Pharmaceutical layoffs?
The layoffs are being done as a part of cost cutting exercise.

Any other news about KV Pharmaceutical layoffs
As per BizJournal, KV Pharmaceutical in February announced it would reduce its work force by about 1,700 employees as part of cost-cutting measures.
Let's hope that alternative jobs are available to the affected employees of KV Pharmaceutical Layoffs Job Cut

New York State Workers Layoffs Job Cut: may fire 8900 NYC employees

We had initially reported in the month of January about a possible New York City NYC Layoffs Job Cut. There was also some news about it in September. Now there is another bad development on the same. The news is for the New York state workers which may be going for layoffs. The news is not good for the employees of New York state workers. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the New York state workers. New York City NYC

How many employees may be fired in the New York state workers layoffs?
The news is that there may be 8900 job cuts by the New York state workers.

What is the total no. of employees of New York state workers ?
Total No. of employees of New York state workers is 200,000 as of now. But around 141,000 of them are under the goverment control.

What will be the cost and savings by New York state workers layoffs?
The job cut at NYC will result in savings of $481 million.

When will the New York state workers layoffs happen?
As per the reports, no concrete info is available about the exact dates but it is learnt that the layoffs, if they happen, will be done as soon as possible.

Which locations and department of employees will be affected by the New York state workers layoffs ?
No info available about that.

What is the primary reasons for New York state workers layoffs?
The layoffs are being done as the budget deficits have widened further - revenues had fallen another $2.2 billion, which widened next year's deficit to at least $16 billion.
Let's hope that alternative jobs are available to the affected employees of New York state workers Layoffs Job Cut

Any other news about New York state workers layoffs
As per Reuters, The head of one of the biggest unions, Civil Service Employees Association President Danny Donohue, said in a statement: "We've been trying to give him the benefit of the doubt, but if Governor Paterson really believes that putting nearly 9,000 New Yorkers out of work is a good idea, he really is out of touch with life on Main Street.
Let's hope that alternative jobs are available to the affected employees of New York state workers Layoffs Job Cut

Nike Layoffs Job Cut: may fire 1400 employees

The news is for the Nike which is going for layoffs. The news is not good for the employees of Nike, the company which is the world leader for shoes and sports wear apparels. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Nike. Nike Logo

How many employees may be fired in the Nike layoffs?
The news is that there may be 1400 job cuts by the Nike.

What is the total no. of employees of Nike ?
Total No. of employees of Nike is 35,000 as of now. The layoffs if they happen will constitute 4 percent of the propsed job cuts of 1400.

What will be the cost and savings by Nike layoffs?
No info about that.

When will the Nike layoffs happen?
As per the reports, no concrete info is available about the exact dates but it is learnt that the layoffs, if they happen, will be done as soon as possible.

Which locations and department of employees will be affected by the Nike layoffs ?
No info available about that.

What is the primary reasons for Nike layoffs?
The layoffs are being done as the company says there may be due to organizational changes. The plan is to restructure the Nike brand into six regions instead of four.
Let's hope that alternative jobs are available to the affected employees of Nike Layoffs Job Cut

Orange County Transport Authority OCTA Layoffs Job Cut: may fire 400 employees

The news is for the Orange County Transport Authority or OC which is going for layoffs. The news is not good for the employees of Orange County OC, the transport company. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Orange County OC. Orange County OCTA Logo

How many employees may be fired in the Orange County OC layoffs?
The news is that there may be 400 job cuts by the Orange County Transport Authority OCTA.

What is the total no. of employees of Orange County OC ?
Total No. of employees of Orange County OC is not known as of now.

What will be the cost and savings by Orange County OC layoffs?
No info about that.

When will the Orange County OC layoffs happen?
As per the reports, the layoffs will be done as soon as possible.

Which locations and department of employees will be affected by the Orange County OC layoffs ?
The layoffs will affect drivers, supervisors and maintenance workers. Though it is decalred that there will be a reduction in bus services to the tune of 25% of the current services, it is not clear which routes will get affected.

What is the primary reasons for Orange County OC layoffs?
The layoffs are being done as there is a $272 million drop in revenue from taxes and fares over the next five years

Any other news about Orange County OC layoffs
As per MercuryNews, Riders and bus drivers asked the board to consider part-time hours and furloughs instead of layoffs.
Let's hope that alternative jobs are available to the affected employees of Orange County OC Layoffs Job Cut

FinnAir Layoffs Job Cut: may fire 1600 employees temporarily

The bad news keeps coming from the airline sector. It was American Airline Layoffs Job cut, then it was Delta Airline Layoffs Job cut, then it was United Airline Layoffs Job Cut and now the news is for the FinnAir which is going for layoffs. The news is not good for the employees of FinnAir, the european airlines from Finland. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the FinnAir. FinnAir Logo

How many employees may be fired in the FinnAir layoffs?
The news is that there may be 1600 job cuts by the FinnAir. Though the company terms these layoffs as temporary

What is the total no. of employees of FinnAir ?
Total No. of employees of FinnAir is 9500 as of now.

What will be the cost and savings by FinnAir layoffs?
The savings are expected to double and reach 100 million Euros or 135 million USD.

When will the FinnAir layoffs happen?
As per the reports, the layoffs will be done starting next month i.e. in April 2009.

Which locations and department of employees will be affected by the FinnAir layoffs ?
The organization is looking for temporary layoffs for all technical workers.

What is the primary reasons for FinnAir layoffs?
High fuel costs and heavy competition from other airlines are the main reasons for job cuts. The company is also going for other cost cutting measures.

Any other news about FinnAir layoffs
As per IHT, Earlier this month, the national carrier said it will begin enforced time off for some 700 pilots and up to 1,700 cabin stewards and air hostesses in April.
Let's hope that alternative jobs are available to the affected employees of FinnAir Layoffs Job Cut

US Postal Services Layoffs Job Cut: may fire 1400 employees

The news is not good for the employees of US Postal Services, the famous mail and parcel services of the United States. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the US Postal Services. US Postal Services Logo

How many employees may be fired in the US Postal Services layoffs?
The news is that there may be 1400 job cuts by the US Postal Services.

What is the total no. of employees of US Postal Services ?
Total No. of employees of US Postal Services is not known as of now.

What will be the cost and savings by US Postal Services layoffs?
No info about that.

When will the US Postal Services layoffs happen?
As per the reports, the layoffs will be done as soon as possible.

Which locations will be affected by the US Postal Services layoffs ?
The organization is closing down 6 out of its 80 district offices. There will be a reduction of administrative staff across the country to the tune of fifteen percent. Also, some 150,000 employees are being given the option of voluntary and early retirement. Most of the 1400 job cuts will be for the mail processing supervisor and management positions.

What is the primary reasons for US Postal Services layoffs?
Economic slowdown, its impact on business and no signs of early revival are the main reasons.
Let's hope that alternative jobs are available to the affected employees of US Postal Services Layoffs Job Cut

Effect of Election on Stock Prices: How stock prices move around election times

This is something which can be of interest to the stock market traders and investors. We have previously published articles on January (Seasonal) Effect on Stock Prices and Weekend (Monday) Effect on Stock Prices. Now, TOI has come out with an interesting piece of observation: How stock prices react at the time of elections or Election effect on Stock Prices. TOI has gathered stock market data for the time before and after the elections since 1980 onwards, and has presented the following table (Image Courtesy TOI):
Effect of Election on Stock Prices Election Time Stock Returns
It appears that the stock market show a strong correlation with the national events like the elections. If we go by the past data for stock market price movements from 1980 onwards, there seems to be on an average, 4% gain in 3 months before the elections of Lok Sabha in India.
This average value s at 4% because it was in 2004 when there was a very small return of 0.7% in 2004 and a -2.1% in 1989 elections. On all the other occasions, the 3 months return from the stock markets before the elections has been much higher, as much as 13.5%.
Though the gains in 2004 and 1980 were less than 1% returns in the three-month period before the polls, they were still positive.
The only time it went into negative territory was in 1989 due to the Bofors controversy.

What is the reason for good positive returns from the stock market during the election times?
As per EconomicTimes, From the investors’ point of view, sectors such as media, FMCG and auto look favourities in the run-up to the elections as polls are known to boost consumption. "Readership of newspapers goes up during elections and so does news channels’ viewership. Also, though it is not legally allowed, Sales & profits of alcoholic beverages shoot up during elections; and with increase in money supply, more pronounced in rural areas, personal care products are also likely to benefit. Auto sales usually go up (marginal increase) as SUVs are used for election campaigns, personal transportation and security of politicians.
Even this year, since March 16 - exactly one month to the elections - the index has already risen by 2.5%. But will the market sustain the momentum postelection? Analysis since 1980 shows that a month after the polls, the bellwether index posts an average rise of 3.5%. On six out of the eight times since 1980, investors have made gains.

So is it the time to take the bet? Well, it all works randomly, so take your own shots and hope for the best!

UNC Chapel Hill Layoffs Job Cut: may fire 500 employees

The news is not good for the employees of UNC, the famous university at Chapel Hill. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the UNC. It is reported that Chancellor Holden Thorp has ordered 5 percent permanent cuts across all departments by July 1. UNC Logo

How many employees may be fired in the UNC layoffs?
The news is that there may be 400-500 job cuts by the UNC.

What is the total no. of employees of UNC ?
Total No. of employees of UNC is not known as of now.

What will be the cost and savings by UNC layoffs?
No info about that.

When will the UNC layoffs happen?
As per the reports, the layoffs will be done by July 1.

Which locations will be affected by the UNC layoffs ?
There are 16 campuses in the UNC across the state. It is learnt that all of them may be affected.

What is the primary reasons for UNC layoffs?
There is a budget crunch and economic slowdown which is affecting UNC Carolina.

Any other news about UNC layoffs
As per ABCLOcal, Bowles said 400-500 people will be let go. He also said class sizes will grow, faculty-student ratios will worsen, and security personnel will be trimmed.
Let's hope that alternative jobs are available to the affected employees of UNC Layoffs Job Cut

Sun Microsystems Layoffs Job Cut: may fire employees due to IBM deal

The news is not good for the employees of Sun Microsystems, the major computer giant company which has recently made the headlines after the news of a possible takeover by IBM. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Sun Microsystems.Sun Microsystems Logo

How many employees may be fired in the Sun Microsystems layoffs?
The no. of layoffs is not decided as of now but it is the analysts prediction that there may be several job cuts in Greater Boston due to the possible takeover of Sun by IBM. It is estimated that 50% of the jobs at Sun might be lost.

What is the total no. of employees of Sun Microsystems ?
Total No. of employees of Sun Microsystems & IBM in Massachusetts is estimated to be around 6,000 people. Sun at Burlington MA has aroound 1800 employees.

What will be the cost and savings by Sun Microsystems layoffs?
No info about that.

When will the Sun Microsystems layoffs happen?
As per the news, the layoffs might be done anytime as IBM is working to consolidate its several thousand Massachusetts employees at its Littleton and Westford locations and if it takes over Sun, then there may be job cuts at Sun as well

Which locations will be affected by the IBM & Sun Microsystems layoffs ?
As mentioned above, Littleton and Westford for IBM and research and development campus in Burlington may get affected. However, these are all prediction by the analysts and no concrete

What is the primary reasons for Sun Microsystems layoffs?
The consolidation due to possible IBM takeover is the main reason for these predictions and rumors about IBM Sun Microsystems Layoffs

Any other news about Sun Microsystems layoffs
As per BostonHerald, The union covers electricians, customer service call operators and other front-line employees who deal with customers.
Let's hope that alternative jobs are available to the affected employees of Sun Microsystems Layoffs Job Cut

Wisconsin Public Service Corporation Wis Layoffs Job Cut: may fire employees in 2010

The news is not good for the employees of Wisconsin Public Service Corporation Wis, the major utility company for electricity. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Wisconsin Public Service Corporation Wis. It is reported that it has sent notices to the union for possible layoffs in net 12 months. Wisconsin Public Service Corporation Wis Logo

How many employees may be fired in the Wisconsin Public Service Corporation Wis layoffs?
The news is that the company has sent layoffs notifical to the employee union but the no. of layoffs is not decided as of now.

What is the total no. of employees of Wisconsin Public Service Corporation Wis ?
Total No. of employees of Wisconsin Public Service Corporation Wis is not known as of now.

What will be the cost and savings by Wisconsin Public Service Corporation Wis layoffs?
No info about that.

When will the Wisconsin Public Service Corporation Wis layoffs happen?
As per the reports, the layoffs have been done in next year, i.e. 2010. As per the contract, the organization is required to give a 12 months notice before any layoffs.

Which locations will be affected by the Wisconsin Public Service Corporation Wis layoffs ?
No info about that.

What is the primary reasons for Wisconsin Public Service Corporation Wis layoffs?
There is a reduction in electricity demand and decreased requests for new electric and natural gas service due to a decline in new construction. To compensate for that, the company is going for layoffs.

Any other news about Wisconsin Public Service Corporation Wis layoffs
As per ChicagoTribune, The union covers electricians, customer service call operators and other front-line employees who deal with customers.
Let's hope that alternative jobs are available to the affected employees of Wisconsin Public Service Corporation Wis Layoffs Job Cut

Value Investing: Wealth creation through Value Investing

There has been a long standing concept of Value Investing. People claim to have made millions and billion by Value Investing. Basically known for Wealth Creation, Value Investing concepts are said to be followed by the stalwarts of the financial world like Warren Buffet and Peter Lynch. There are thousands of books available on the topics of Value Investing and Wealth Creation and the new media source, the internet is flooded with articles on Value Investing.

DBS Chola Mutual Fund has launched DBS Chola Tax Advantage Fund – Series 1 to take advantage of current market condition by adopting the approach of "Value Investing".
As per the ad mail we received, they are defining "Value Investing" as buying stocks of company with strong management capabilities where

• traded prices are at a discount to their value of assets OR
• there is a potential of high dividend yield or earning yield

Though it may be for their particular stock portfolio or their own mutual fund, but these details do provide pretty good examples of how one should look at Value Investing and how the investment industry professionals look at various parameters for Value Investing:

Primary criteria for choosing the stocks for "Value Investing"

• Price to book value less than that of BSE Sensex OR
• Earnings yield (inverse of P/E) higher than that of BSE Sensex OR
• Dividend Yield higher than that of BSE Sensex

How did "Value Investing" fare in the past?

DBS Chola also quote an example in their ad mail. Using March 2003 as a reference point, they back tested the "Value Investing" strategy and saw the results of the portfolio as on Nov., 2008. The results are as below for Value Investing:

• Out of 200 stocks of BSE 200 Index we applied the above criteria to build a model portfolio of 60 stocks which gets
classified as "Value Stocks"

Passive strategy: We kept the portfolio intact for the entire period (2003 to 2008)

Active strategy: We applied same screening parameters and churned the portfolio at the end of each financial yearfrom March 03 to March 08 in the new sets of stocks in equal proportion.
Value Investing
Now, the funds and data presented here are just for illustration from DBS Chola Mutual Funds. They also come with a disclaimer that "Past performance may not be sustained in future".

Infosys BPO Layoffs Job Cut: fires 600 contract employees

The news is not good for the employees of Infosys BPO, the major Indian IT giant. There were recent reports about Infosys delaying / canceling campus visits and Infosys Salary Pay Cut. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which has gone for layoffs is the Infosys BPO. It is reported that it has laid off some 600 contract workers in a staff redeployment exercise last month. Infosys BPO  Logo

How many employees may be fired in the Infosys BPO layoffs?
The news is thatInfy BPO has laid off some 600 contract workers in a staff redeployment exercise in the month of February 2009.

What is the total no. of employees of Infosys BPO ?
Total No. of employees of Infosys BPO is 18,000 as of now.

What will be the cost and savings by Infosys BPO layoffs?
No info about that.

When will the Infosys BPO layoffs happen?
As per the reports, the layoffs have been done in last month, i.e. February 2009.

Which locations will be affected by the Infosys BPO layoffs ?
The job cuts are expected to affect the temporary workers and contract workers. They include peoplem from Adecco PeopleOne, Mafoi and TeamLease.

What is the primary reasons for Infosys BPO layoffs?
No information about that.

Any other news about Infosys BPO layoffs
As per Indiatimes, Infosys BPO is 2,000 workers by the end of March, which will raise its headcount above the 20,000 mark
Let's hope that alternative jobs are available to the affected employees of Infosys BPO Layoffs Job Cut

Tata Nano Car Loan: It's going to be costly

The world's most eagerly awaited car, Tata Nano, is set to be introduced in the market on the coming March 23rd. Not just India, the entire world is eagerly waiting the People's Car. I happen to visit US recently, and while going from the airport to the hotel, I got into conversation with the cab driver who happened to be from Africa. He mentioned that even in his country infact the entire African continent, they are eagerly awiaiting for Nano, as a fuel efficient, high performing, small family car. Tata Nano Car

Now that is something that proves how a small car has created ripples across the globe. After so much ho-hum, protest in West bengal and shift to Gujarat, the Nano will finally be rolled out. Many Indians are waiting to book the car as soon as it is avaiable. But is it going to be easy? Let's see some of the news as reported on various sources.

What is the booking procedure for Tata Nano Car
Well. That may be a surprise for most. The Tata Nano Car will have to be booked by filling a form! Yes - like you do for an exam. And the form will cost you 300 Rs. This is the first time ever an automobile or car is going to be booked through a form that too with a payable amount. However, if the Tata Nano Car is not allotted to you, then your 300 bucks will be refunded. It is not clear whether the 300 Rs. be given back or adjusted to your total car price if you are allotted one.

What are the variants of Tata Nano Car?
The Tata Nano Car is to be introduced in 3 variants - Basic, CX and LX and the price and facilities will increase in that order. Basic one will have only non-metallic colors, while other 2 high end models will have more variety of colors. Then comes other things like AC, etc. There is no music system provided in any version, but there are slots made available, so one can buy seperately and get it fitted. Body coloured bumbers are available only in the top end model.

What is the Car loan scheme for Tata Nano Car
That's where it gets worse for individuals looking for a real cheap economic small car. The house loan is NOT going to be cheap. You will end up paying much more if you buy Tata Nano Car on Car Loan. As per the recent news on CNBC, State Bank of India is offering Tata Nano Car Loan at a high interest rate as compared to Car loans for other cars. The car loan usually ranges with interest rates 12-13% but for Tata Nano Car, it is a whopping 14.5 to 14.75%. That's right, the Tata Nano Car loan interest rate from SBI may range from 14% to 14.75%.

What is the interest rate for Tata Nano Car Loan?
What is much worse is that these 14% to 14.75% interest rates are the expected rates from PSU or Government Banks. The Tata Nano car loan interest rates from other private banks are expected to be 2-3% higher than this, i.e. it may be in the range of 16%-18%.

So interest rates are higher. How much will this Tata Nano Car loan cost me?
Assuming you take a 5 year car loan for Tata Nano Car, then as per CNBC, the interest you pay may be in excess of 30,000 Rs. So the Tata Nano Car will really become coslty if you go at that interest rate.
Then, that's not all. You will not get the usual 80-85% of the car price as loan. For Tata Nano Car, the car loan is available only at 70% level. That in a way is good beacuse you will take less loan amount. But bad if you dont have money to pay from your own pocket.
So, the small economical people's car Tata Nano will be really economical and cheap only if bought on cash, not on car loan

UBS Layoffs Job Cut: may fire 5000 management employees

The news is not good for the employees of UBS, the swiss investment banking giant. We had reported news about the UBS Layoffs Job Cut in February 09 and UBS Layoffs Job Cut in October 08. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the UBS oration or . It has declared that it may have to layoff some 5000 management employees this year. UBS  Logo

How many employees may be fired in the UBS layoffs?
The news is that around 5000 employees may be fired from their jobs at UBS.

What is the total no. of employees of UBS ?
Total No. of employees of UBS is 77,000 as of now.

What will be the cost and savings by UBS layoffs?
No info about that.

When will the UBS layoffs happen?
As per the reports, the layoffs will be done in this year itself, i.e. 2009.

Which locations will be affected by the UBS layoffs ?
The job cuts are expected to be as follows: up to 2,500 management positions could go in UBS's wealth management division.

What is the primary reasons for UBS layoffs?
The job cuts are because of the restructuring. UBS is going for business restructure into four regions from eight, and trimming its top management.

Any other news about UBS layoffs
As per Indiatimes, UBS is struggling to rebuild its once powerful brand and focus on its core Swiss business after massive investments in risky US assets forced it to make more writedowns than any other European bank and accept government backing.

Kaiser Permanente Layoffs Job Cut: fires 860 IT employees due to outsourcing to IBM

The news is not good for the employees of Kaiser Permanente, the health-care giant. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Kaiser Permanente. It has declared that it will layoff some 860 workers this year. Kaiser Permanente Logo

How many employees may be fired in the Kaiser Permanente layoffs?
The news is that around 860 employees may be fired from their jobs at Kaiser Permanente.

What is the total no. of employees of Kaiser Permanente?
Total No. of employees of Kaiser Permanente is 160,000 non-physician employees and 8.6 million enrollees as of now.

What will be the cost and savings by Kaiser Permanente layoffs?
No info about that.

When will the Kaiser Permanente layoffs happen?
As per the reports, the layoffs will be done in this year itself, i.e. 2009.

Which locations will be affected by the Kaiser Permanente layoffs ?
The job cuts are expected to be as follows: 700 job will be lost in its data center. Remaining 160 will be cut at more than 30 locations in its eight regions countrywide.

What is the primary reasons for Kaiser Permanente layoffs?
The job cuts are because of the outsourcing deal to IBM which has resulted in the job cuts in the IT sector for Kaiser.

Any other news about Kaiser Permanente layoffs
As per MoneyCentral, Kaiser Permanente has given the possibility of having some eligible employees move from Kaiser to IBM, if their profile matches the requirements.
Let's hope that alternative jobs are available to the affected employees of Kaiser Permanente Layoffs Job Cut

Nokia Layoffs Job Cut: fires 1700 employees globally

The news is not good for the employees of Nokia, the global giant in the mobile phone and technology business. It was last month in February 2009 when we had reported about a possible Nokia Layoffs Job Cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Nokia. It has declared that it will layoff some 1700 workers this year. Nokia Logo

How many employees may be fired in the Nokia layoffs?
The news is that around 1700 employees may be fired from their jobs at Nokia.

What is the total no. of employees of Nokia?
Total No. of employees of Nokia is not known as of now.

What will be the cost and savings by Nokia layoffs?
No info about that.

When will the Nokia layoffs happen?
As per the reports, the layoffs will be done in this year itself, i.e. 2009.

Which locations will be affected by the Nokia layoffs ?
The job cuts are expected to be at a global level, but it is learnt that around 700 jobs will be cut in Finland. The job cuts will be in the departments or business segments like sales, marketing and some technology functions.

Any previous layoffs by the company?
Yes. The company had announced layoffs in February as well.

What is the primary reasons for Nokia layoffs?
The job cuts are because of the deteriorating economy, low cost of oil, and natural gases and low demand from customers.

Any other news about Nokia layoffs
As per IndiaTimes, In January, Nokia said that it would slash its dividend for the first time in seven years. The forecast was for a 10 percent reduction in sales.
Let's hope that alternative jobs are available to the affected employees of Nokia Layoffs Job Cut

Baker Hughes Layoffs Job Cut: fires 1500 employees

The news is not good for the employees of Baker Hughes, the global oilfield service company with operations in over 90 countries. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Baker Hughes. It has declared that it will layoff some 1500 workers this year. Baker Hughes Logo

How many employees may be fired in the Baker Hughes layoffs?
The news is that around 1500 employees may be fired from their jobs at Baker Hughes.

What is the total no. of employees of Baker Hughes?
Total No. of employees of Baker Hughes is around 37500 as of now. The job cuts will be around 4% of the total employee workforce.

What will be the cost and savings by Baker Hughes layoffs?
No info about that.

When will the Baker Hughes layoffs happen?
As per the reports, the layoffs will be done in this year itself, i.e. 2009.

Which locations will be affected by the Baker Hughes layoffs ?
Around 33% of the job cuts will happen in the US and will they will include a variety of posts, including manufacturing and field operations jobs.

Any previous layoffs by the company?
Yes. The company had laid off around 1500 employees in the month of January, 2009. The bad newsdoesnt stop there, the company officials say that they may go for more cuts if need arises.

What is the primary reasons for Baker Hughes layoffs?
The job cuts are because of the deteriorating economy, low cost of oil, and natural gases and low demand from customers.

Any other news about Baker Hughes layoffs
As per CNN, Oil and natural gas companies have throttled back drilling activity in response to those lower prices. Firms like Chesapeake Energy Corp. and Devon Energy Corp. have let rigs fall idle to curb costs. The number of rigs drilling for oil and gas in the U.S. has dropped about 45% since hitting a peak in September, according to rig data from Baker Hughes.
Let's hope that alternative jobs are available to the affected employees of Baker Hughes Layoffs Job Cut

Sunoco Layoffs Job Cut: fires 750 employees

The news is not good for the employees of Sunoco, the oil refining and chemical manufacturing business company. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Sunoco. It has declared that it will layoff some 750 workers this year. Sunoco Logo

How many employees may be fired in the Sunoco layoffs?
The news is that around 750 employees may be fired from their jobs at Sunoco.

What is the total no. of employees of Sunoco?
Total No. of employees of Sunoco is around 13,600 employees as of now. The cuts would constiitute around 20% of the total salaried employee force and the cuts are learnt to be made from the salaried segment of 3700 employees.

What will be the cost and savings by Sunoco layoffs?
There is expected to be a saving of around 300 million USD from the layoffs and other cost cutting measure which the company is expected to take. The layoffs will cost somewhere in the range of 60-70 million USD.

When will the Sunoco layoffs happen?
As per the reports, the layoffs will be done in this year itself, i.e. 2009.

Which locations will be affected by the Sunoco layoffs ?
Most of the employees to be fired by Sunoco will be from Philadelphia region.

What is the primary reasons for Sunoco layoffs?
The job cuts are because of the collapsing economic conditions.

Any other news about Sunoco layoffs
As per TradigMarkets, After losing $47 million in 2002, Sunoco saw its profits shoot to a peak of nearly $1 billion in 2005 and 2006. Its stock price rocketed from less than $20 per share in early 2003 to its peak of $96.21 three years later. Since then, annual profits have fallen for two straight years and the stock price has bounced around between $20 and $50 per share. Shortly after the market opened this morning, shares were down 89 cents (3 percent) to $28.22.
Let's hope that alternative jobs are available to the affected employees of Sunoco Layoffs Job Cut

Roche Layoffs Job Cut: fires 1500 employees for Genetech Deal

The news is not good for the employees of Roche, the swiss major drug maker having a strong presence in the US and the globe. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Roche. It has declared that it will layoff some 1500 workers this year. Roche Logo

How many employees may be fired in the Roche layoffs?
The news is that around 1500 employees may be fired from their jobs at Roche. Most of the jobs will be gone from commercial departments like sales and marketing.

What will be the cost and savings by Roche layoffs?
No info available about that. This layoff is a part of the consolidation exercise.

When will the Roche layoffs happen?
As per the reports, the layoffs will be done in this year itself, i.e. 2009.

Which locations will be affected by the Roche layoffs ?
The employees to be fired by Roche will be from New Jersey as the company has decided to shift operations to California.

What is the primary reasons for Roche layoffs?
The job cuts are because of the USD 46.8 billion takeover deal of the biotech powerhouse Genentech.

Any other news about Roche layoffs
As per NJ, Roche will keep its 1,600 researchers and scientists - in Nutley, so the work on new medicines will continue for cancer, diabetes and obesity. A contingent of scientists who are studying treatments for inflammatory diseases at Roche laboratories in Palo Alto, Calif., also will eventually be moved to Nutley.
Let's hope that alternative jobs are available to the affected employees of Roche Layoffs Job Cut

LIC Jeevan Varsha Policy Review & Analysis

So its time of the financial year ending and everyone is eagerly looking forward for making some investments in some insurance plan or tax saving scheme to save the tax. Well, that's why LIC or Life Insurance Corporation of India has come out with its heavily advertised LIC Jeevan Varsha Policy. However, before you go ahead and sign a cheque for investing in this LIC Jeevan Varsha Policy, make sure you understand what you are going to buy.

United Technologies Layoffs Job Cut: to fire 11600 employees

The news is not good for the employees of United Technologies AG, which is a major global company for High-tech manufacturing & Support Services Company. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the United Technologies. It has declared that it will layoff some 11600 workers this year (2009). United Technologies Logo

How many employees may be fired in the United Technologies layoffs?
The news is that around 11600 employees may be fired from their jobs at United Technologies.

What is the total no. of employees of United Technologies?
Total No. of employees of United Technologies is around 233,000 as of now. The cuts would constiitute around 5% of the total employee force.

What will be the cost and savings by United Technologies layoffs?
The layoffs will cost about $600 million USD to the company. The savings will be much higher than that - $1 billion this year.

When will the United Technologies layoffs happen?
As per the reports, the layoffs will be done in this year itself, i.e. 2009.

Which locations will be affected by the United Technologies layoffs ?
No information is available location wise.

What is the primary reasons for United Technologies layoffs?
The job cuts are because of the deteriorating global economic outlook.

Any other news about United Technologies layoffs
As per CNN, The United Technologies revised its 2009 earnings per share guidance to a range between $4 to $4.50. Analysts currently expect earnings per share or EPS for United Technologies to be in the range of $4.30 and $4.95.
Let's hope that alternative jobs are available to the affected employees of United Technologies Layoffs Job Cut

Continental Layoffs Job Cut: fires 1900 employees, closes plants in Europe

The news is not good for the employees of Continental AG, which is a major global company for Tires (Tyres) & other auto materials. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Continental AG Tires. It has declared that it will layoff some 1900 workers and close two tire manufacturing plants - one in France and other in Germany. Continental Logo

How many employees may be fired in the Continental layoffs?
The news is that around 1900 employees may be fired from their jobs at Continental.

What is the total no. of employees of Continental?
Total No. of employees of Continental is around 146000 as of now. The cuts would constiitute around 1.3% of the total employee force.

Any plants to be closed by Continental Tires (Tyres)
Yes. The truck and bus tire plant at Hanover, Germany and a car tire plant in Clairoix, France will be closed. That is what is causing a job cut of 1900 employees. Also there will be a production cut at Puchov, Slovakia plant.

When will the Continental layoffs happen?
As per the reports, the layoffs will be done by the end of March 2010.

Which locations will be affected by the Continental layoffs ?
The layoffs will be at the location of plant closure i.e. Clairoix, France and Hanover, Germany.

What is the primary reasons for Continental layoffs?
The job cuts are because of the falling automobile sales in the European region, where countries have declared recession.

Any other news about Continental layoffs
As per Bloomberg, The company, which said today that the closures involved its highest-cost factories, has been in talks with the French government about saving the Clairoix plant. The Hanover truck- tire plant’s shutdown will be completed by the end of this year and the French factory will stop work by March 2010.
Let's hope that alternative jobs are available to the affected employees of Continental Layoffs Job Cut

PPG Industries Layoffs Job Cut: fires 2500 employees

The news is not good for the employees of PPG Industries , which is a major company for Paints, Chemicals and other materials. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the PPG Industries Publishers. It has declared that it will layoff some 2500 workers. PPG Industries Logo

How many employees may be fired in the PPG Industries layoffs?
The news is that around 2500 employees may be fired from their jobs at PPG Industries.

What is the total no. of employees of PPG Industries?
Total No. of employees of PPG Industries is around 13000 as of now.

When will the PPG Industries layoffs happen?
As per the reports, the layoffs will be done beginning as soon as possible.

Which locations will be affected by the PPG Industries layoffs ?
The layoffs are reported to be conducted at a global level, so there is no confirm news about the locations which are going to be affected by the layoffs.

Any other details about the layoffs and company?
PPG Company said it will begin to furlough employees and stop company contributions to 401(k) plans.

What is the primary reasons for PPG Industries layoffs?
The company is laying off to go for cost cutting.

how much savings are expected to be made from the layoffs?
The PPG job cuts are expected to save about $60 million in 2009, and translate into savings of $140 million per annum in the subsequent years.

Any other news about PPG Industries layoffs
As per FoxNews, company said it will reduce capital spending by 50% and lower pension contributions to $350 million from the $400 million to $500 million earmarked at the beginning of the year.
Let's hope that alternative jobs are available to the affected employees of PPG Industries Layoffs Job Cut

Delta Airlines Layoffs Job Cut: fires 2100 employees

The news is not good for the employees of Delta Airlines , which is a major US Airlines company. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. We had recently reported about the recent news of American Airlines Layoffs Job Cut. Now, The latest additon to the list of organization which may go for layoffs is the Delta Airlines Publishers. It has declared that it will layoff some 2100 workers. Delta Airlines Logo

How many employees may be fired in the Delta Airlines layoffs?
The news is that around 2100 employees may be fired from their jobs at Delta Airlines.

What is the total no. of employees of Delta Airlines?
Total No. of employees of Delta Airlines is not known as of now.

When will the Delta Airlines layoffs happen?
As per the reports, the layoffs will be done beginning September 2009.

Which locations will be affected by the Delta Airlines layoffs ?
Employees at the Atlantic and Pacific Networks will be affected, as these have been the major loosers for revenue generation. Trans-Atlantic capacity will be reduced by 11% to 13%, while trans-Pacific capacity will be slashed by 12% to 14%.

Any other details about the layoffs and company?
The company will exit low performing markets, down-gauge certain routes, adjust frequencies, and move some markets to seasonal service.

What is the primary reasons for Delta Airlines layoffs?
The company is laying off to match falling demand.

Any other news about Delta Airlines layoffs
As per MarketWatch, Shares of Delta rose nearly 15% in premarket trading to $4.80, on the news about the possible job cuts.
Let's hope that alternative jobs are available to the affected employees of Delta Airlines Layoffs Job Cut

National Semiconductor Layoffs Job Cut: fires 1725 employees

The news is not good for the employees of National Semiconductor , which is a major chip maker electronics company. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the National Semiconductor Publishers. It has declared that it will layoff some 1725 workers. National Semiconductor Logo

How many employees may be fired in the National Semiconductor layoffs?
The news is that around 1725 employees may be fired from their jobs at National Semiconductor.

What is the total no. of employees of National Semiconductor?
Total No. of employees of National Semiconductor is around 6500 as of now. Hence, the layoffs will constitue around 25% of the total workforce.

When will the National Semiconductor layoffs happen?
As per the reports, around 850 layoffs are already done. Remaining 875 layoffs will be done in the next few quarters in a phased manner across the globe.

Which locations will be affected by the National Semiconductor layoffs ?
There will be closure of facilities in Suzhou, China, and Arlington, Texas

Any details about the charges and savings to be made by layoffs?
The good news for the affected employees is that the company will be offering severance package. The layoffs will cost $160 million to $180 million in severance and other charges, $130 million to $145 million.

What is the primary reasons for National Semiconductor layoffs?
The company is laying off because of recession. National recorded a 71 percent decline in its third-quarter earnings, posting a profit of $21.1 million, or 9 cents per share, compared with $72.9 million, or 29 cents per share, a year earlier.

Any other news about National Semiconductor layoffs
As per CNBC, "The worldwide recession has impacted National's business as demand has fallen considerably," Chief Executive Brian L. Halla said
Let's hope that alternative jobs are available to the affected employees of National Semiconductor Layoffs Job Cut

McClatchy Layoffs Job Cut: fires 1600 employees (Charlotte's Observer)

The news is not good for the employees of McClatchy , which is a newspaper publishing company. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the McClatchy Publishers, the parent company of Charlotte's Observer. It has declared that it will layoff some 1600 workers. McClatchy Layoffs

How many employees may be fired in the McClatchy layoffs?
The news is that around 1600 employees may be fired from their jobs at McClatchy. There will also be a salary cut for the remaining employees.

What is the total no. of employees of McClatchy?
Total No. of employees of McClatchy is around 10,700 as of now. Hence, the layoffs will constitue around 15% of the total workforce. The reductions will result from a combination of layoffs, attrition and outsourcing

When will the McClatchy layoffs happen?
As per the reports, the layoffs will be done in this year 2009.

Which locations will be affected by the McClatchy layoffs ?
No confirm news about the locations.

What is the primary reasons for McClatchy layoffs?
The company is laying off because of recession. Then there is the debt incurred from McClatchy’s purchase of Knight-Ridder few years ago, and then the movement of readers and advertisers from daily newspapers to the Internet are a major cause for the setback to the company's business. It had announced a massive loss of 21 million USD last quarter.

Any other news about McClatchy layoffs
As per BizJournal, McClatchy said that its salary reductions would include a 15 percent cut in Pruitt’s base salary. In addition, other executive salaries will be hit with a 10 percent reduction, while board members will see a 13 percent decline in cash compensation, including retainers and meeting fees. Also, McClatchy will pay no bonuses to executive officers this year. No info available about the salary cut or pay cut for other positions.
Let's hope that alternative jobs are available to the affected employees of McClatchy Layoffs Job Cut

Injury Claims Procedure: How to Make Injury Claims: Step by Step Guide

In this article, we will list the step by step procedure for your benefit to make Injury Claims. Let's begin with the basics: What is an Inury Claim, What qualifies to be an Inury Claim, What evidence or proof is required to make an Inury Claim, and finally, How to make an Inury Claim

What is an Injury Claim
Though no concrete definition exits for Inury Claims, but Inury Claims can be described as a compensation demanded for injuries caused to you due to any accident, like that due to negligence of the employer in the office, or due to any other hurts or unintentional injuries. The main thing to note here is that you, as a claimant of the Inury Claims, have to be the victim and must have suffered some injuries, else you loose the eligibility for making an Inury Claim. Injury Claims


What are the different types of Injury Claims?
Injury claims can be made for many types of injuries. It can be as simple case as of you slipping while walking in a pavement or can be a serious case of you meeting an accident at the factory site due the negligence of your coworkers or your employers or say you visit an amusement park and there you get hurt or injured while walking up a damaged ramp. All these qualify for Injury Claims. As available on the various sites on the internet and print media, here are some broad categories and types of Injury Claims

• Slip, trip and fall accident
• Factory based injuries
• Driving based (work related) injuries
• Heavy machinery/equipment related injuries
• Office based injuries (again workplace)
• Retail based injuries
• Warehouse based injuries

What proof or evidence is required to make Injury Claims?
Here is a simple rule - The more you have, the better. Collect as much evidence as possible. Evidence can be in the form of pictures (taken from your mobile phones), videos, and most effective ones - the eye-witnesses. Let's take a simple example: You are walking through an underground pavement and you slip on the stairs and hurt your leg because there no proper light in the pavement.
What evidence can be collected here? First, if you are accompanied by anyone like a friend or relative, that will be great as he/she can provide proof for you as an eye-witness.
In case you are alone, then first take care of yourself and your injury, because if due to any delay in treatment of injury, you may end up in a much worse situation then having the pleasure of getting compensation through Injury Claims. So make sure that you take care of your injury first instetad of running after collecting proof.
Then, once you are ready to collect evidence, start looking for substantial evidence which can prove failure of lightening in the pavement. Say you may use your camera equipped mobile phone to take photos or video of the bulbs that are not functioning and also take pics of bulbs that are on, so as to prove your point with a comparison. A more effective proof will be take a video through your mobile phone, if it has the facility.
In case you slipped in the pavement due to improper path or garbage not being cleaned up, then take pictures of the affected areas filled with garbage or having a slippery path. If you accidently hurt your arm by brushing againsted a rusted iron gate or railing, then take pics of the same.
Then, if someone is kind enough to help you once you are injured, ask them politely if they can volunteer to be witnesses for your injury. Take their names and contact details and that will be immensely helpful in proving your point while making an Injury Claim.

After you have collected everything you believe is sufficient for evidence for Injury Claim, make sure you WRITE DOWN the things on a paper. It is possible that you may forget many things and omissions of those may make you ineligible for Injury Claim.

What to do for Injury Claim after collecting evidence?
First, take care of your injury. Go to a hospital or doctor and ensure that you get the required treatment. After you get the necessary first level treatment, make sure you take a certificate from the doctor or hospital mentioning the cause of injury, how it was treated and also take receipts of all the expenses incurred while taking the treatment - all these will form the basis of your Injury Claims. The doctor's certificate should clearly state the type and extent of injuries suffered.
Also, take an estimate from the hospital or doctor about the total expenditure to be incurred in complete treatment of the injury. Also ask him to provide the no. of days it will take to cure the injury. Ensure that you add all of these up to come up with the claim amount. The no. of days for treatment can also enhance your claim amount if you can prove that the injury forced you to take leave from work and hence you should be compensated for your loss of leaves or work-days.

Next, Go to the nearest police station or government community center and register your case.
Then hire a solicitor for your case against the concerned party. You can add the fee of the solicitor to the injury claim amount. Best will be to hire a solicitor who can work on a no win no fee basis.

Do I really need a solicitor for injury claim?
That depends and is not sure. Most of the injury claims are settled on mutual consent, i.e. out of court, so once you hace collected enough evidence, you can directly complain to the concerned authority or organization. Do not forget to mention that if they do not respond, you will be taking them to the court. If they show interest in having a settlement out of court, that's well and good for you as both the parties can save time, effort, energy and money for solicitors.
Sometimes, it is better to go for free legal counseling before approaching a solicitor as these legal counsel can also help you without a fee and get you your injury claim amount.
However, some people are of the opinion that even if the concerned party is willing to go for out of court settlement, then also you should visit a solicitor because he can help you get the maximum claim in the best possible way. His fee can also be claimed as a part of Injury Claim. So it remains a personal choice.

Anything else about making an injury claim?
First, take care of yourself if you are injured or hurt
Second, dont be greedy, its a claim for your injury, not a lottery. Remember, the more you claim from a public organization or authority, the more you will cause them to loose for public services.
Three, always volunteer to be a witness if you find someone else being hurt and requires your help for the Injury Claims

Daimler Layoffs Job Cut: fires 18000 employees (temporary)

The news is not good for the employees of Daimler . We had reported in the month of January 2009 about the Daimler Trucks Freightliner Layoffs Job Cut and now the situation is getting worse for the employees. The recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Daimler Trucks. It has declared that it will temporarily layoff some 18000 workers in April 2009. Daimler Layoffs

How many employees may be fired in the Daimler layoffs?
Around 18000 employees may be temporarily fired from their jobs at Daimler.

What is the total no. of employees of Daimler?
Total No. of employees of Daimler is not known as of now. But the total no. of employees in the heavy trucks division is learnt to be around 30,000.

When will the Daimler layoffs happen?
As per the reports, the layoffs will be effective from April 12 2009 onwards which happens to be Easter. They will go on until the summers.

Which locations will be affected by the Daimler layoffs ?
No confirm news about the locations. The layoffs are learnt to happen at several of the plant locations.

Any news about previous layoffs by the company ?
Yes. Daimler has already implemented partial layoffs of around 50,000 workers in German auto production that would last until June.

What is the primary reasons for Daimler layoffs?
The main reason being quoted by the company is the declining economy, challenging times and similar reasons.

Any other news about Daimler layoffs
As per PressTV, A German government decision to compensate workers affected by temporary layoffs has led large groups to announce temporary job cuts. The company has seen a sharp fall in orders due to weak demand.
Let's hope that alternative jobs are available to the affected employees of Daimler Layoffs Job Cut

American Airlines Layoffs Job Cut: fires 323 employees (flight attendants)

The news is not good for the employees of American Airlines . The recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the American Airlines . It has declared that it will layoff 323 flight attendants in April 2009. American Airlines Layoffs

How many employees may be fired in the American Airlines layoffs?
Around 323 employees may be fired from their jobs at AA. Though the airline had offered a voluntary resignation program, but the no. of employees opting for it was not sufficient. Hence, these layoffs are being done for that.

What is the total no. of employees of American Airlines?
Total No. of employees of American Airlines is 18000 as of now.

When will the American Airlines layoffs happen?
As per the reports, the layoffs will be effective from April 1 2009 onwards.

Which locations will be affected by the American Airlines layoffs ?
No confirm news about the locations. But since flight attendants have to go, it will mean a general layoff irrespective of the locations.

Any news about previous layoffs by the company ?
Yes. The company has cut around 6800 jobs since July.

What is the primary reasons for American Airlines layoffs?
The main reason being quoted by the company is the declining economy, challenging times and similar reasons.

Any other news about American Airlines layoffs
As per Bloomberg, The carrier company is offering attendants with at least 5 years’ seniority the option of accepting extended travel benefits in exchange for giving up the chance to be recalled to work.
Let's hope that alternative jobs are available to the affected employees of American Airlines Layoffs Job Cut

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