Educated Bonded Laborers in India – Cheap Labor At What Cost
What is common between Infosys, Wipro, Patni, Tata Consultancy, Tata Elxsi, Infotech Software, Dell, Accenture,et al……. Yes, you are right they all make their employees to sign a bond and submit a cheque before joining the company, specially freshers.
This one is on the border of being sick and ironical at the same time. Many of my friends who had joined these companies after being “campus recruited” are suffering from helplessness and insufferable pain, mainly due to lowest salaries possible and “they just can’t do anything about it”.
These company usually take bonds from freshers for two-three years and since bonds, can not be legally challenged so they take a cheque of amounts like 2,00,000 RS (US $5000)[..So that if an employee leaves they can some money off them, By the way most of the employee won't even make $5000 in two years].
I think we should stand up against these companies who exploit employee like this. I know every company exploits its employees but some go, too far. I my opinion any company engaging in such activity where employees are being made to work with out there consent should be tried and their licenses should be revoked. These guys get away with it because of corrupt judicial system and the state of Indian job market where there is always someone who can do your job for less. Or Simply Boycott them as your choice of employers.
lucidlunacy said
“Here’s the thing- are they breaking the law? While we could certain make the case that it’s unethical, and don’t even need to argue that it’s amoral, they seem to be obeying the letter of the law. Thus what might be needed would be a new law protecting these workers, and for that law to be enforced.”
We take Bonded Labors
Making Synthetic Blood From Stem Cells
Independent scientists are hopeful that the discovery will be a success. “The problem with relying on donated blood is that there are always shortages,” Professor Alex Medvinsky, a blood stem-cell expert at the University of Edinburgh, told the Times of London. “The ability to generate red blood cells in very large numbers would be a very big thing.”
Is SCM(Supply Chain Management) Disruption Dead ?
Ninety-nine percent of companies surveyed had a supply chain disruption in the past year, with more than half suffering financial losses as a result.
When it comes to disruptions in the supply chain, “Few companies can afford to ignore possible risks and hope for the best”, according to a recent study by Aberdeen Group.
While Aberdeen has done research in the supply chain before, this was the first time a study was fully dedicated to supply chain risk management. Viktoriya Sadlovska, lead co-author on the study, said she was struck by the number of disruptions companies reported, with almost all of the 138 checking off at least one.
The most commonly reported disruptions were:
- Supplier capacity not meeting demand (56% of respondents)
- Raw materials price increases or shortages (49%)
- Unexpected changes in customer demand (45%)
- Delayed/damaged/misdirected shipments (39%)
- Fuel price increases or shortages (35%)
Things You Must Do With Your Ideas
- Collect them
- Jott them down
- Discuss it, with the your friend whose a born Devil’s Advocate
- Rank Them
- Be Imaginative and Practical at the same time
- Eliminate all but One
- Devote everything you have to ONE Idea
- If success, move on, if fail, goto: point 1
Mozilla Labs : Introducing Ubiquity
An experiment into connecting the Web with language. Today Mozilla launched Ubiquity, a Mozilla Labs experiment into connecting the Web with language in an attempt to find new user interfaces that could make it possible for everyone to do common Web tasks more quickly and easily.
The overall goals of Ubiquity are to explore how best to:
- Empower users to control the web browser with language-based instructions. (With search, users type what they want to find. With Ubiquity, they type what they want to do.)
- Enable on-demand, user-generated mashups with existing open Web APIs. (In other words, allowing everyone–not just Web developers–to remix the Web so it fits their needs, no matter what page they are on, or what they are doing.)
- Use Trust networks and social constructs to balance security with ease of extensibility.
- Extend the browser functionality easily.
Enter Ubiquity
10 Habits of a Serial Innovator
Our mind is creating all sorts of assumptions, self-imposed constraints and self-limiting inhibitions. I have found that we can remove these assumptions just by being in the moment; start doing, and stop thinking.
10 Habits of serial innovator.
- Persistence
- Don’t Assume
- Not afraid of making mistakes
- Escape Reality
- Write Things Down
- Find Patterns & Create Combination
- Curiosity
- Keep a Journal
- Contradictory Thinking
- Crave Problem solving
How would you like to Disrupt today?
After the “The Ten Commandments of a Disruptive Agent“, it is a logical move that we look at type of Disruption we can start or enable.
- Self-Driven Disruption – AMD is “eating its own children” in a way that will, in the long run, surely help it to expand the family.
- Technology-driven disruption - Wireless disrupted dial-up and people are dumping land lines in droves. Now mobile cards are disrupting wired broadband. Cable better start thinking of a quad play with some wireless investments.
- People-Driven Disruption: Wikipedia!!!
- Competition-driven disruption – Microsoft rethinks its software licensing because of Open Source driven pressure?
- Fed-up-consumer-driven disruption - Invention of the mountain bike.
- State-driven disruption – Indian Government almost frees up the Aviation Industry.
- WTF-Driven-Disruption – Sometimes a product in commodity market is responsible for all the change; iPhone.
- White Board Disruption : Where inventors empowers a community to innovate on the platform;WordPress
On this happy note lets get disruptive and I Would love to have know your thoughts on, what else can be added or removed from above.
Jumptap Raises $26 Million To Take On Google In Mobile Search
Jumptap is going to need all the gunpowder it can get. Mobile search is the next big frontier in search as more and more Web-capable phones hit the market. Witness Google’s recent deal to power Verizon’s mobile search. Nevertheless, only 7 percent of mobile subscribers in the U.S. use search. Going up against Google, even in a nascent market, is a tough proposition. But Jumptap thinks it has an edge. CEO Dan Olschwang says:
We have a little different approach. We present a more usable result on the mobile phone than incumbent search engines. We are not trying to take Web results and shrink them onto a small screen. If you are standing on a street and looking for Tylenol for your baby, you are not interested in the recent press release. You are interested in the closest open drug store.
Google Suggest, Enabled
Anticipated, Google Suggest will be finally available at google.com. “Today we’re excited because Google Suggest will be graduating from Labs and available by default on the Google.com homepage. Over the next week, we’ll be rolling this out so that more and more of you will start seeing a list of query suggestions when you start typing into the search box,” says Jennifer Liu from Google. This is already available to Firefox 3 users. This feature obviously can be toggled, based on your preference.
Leaked Document Shows Verizon's Anti-iPhone Propaganda
This has apparently been distributed within Verizon, and though there’s the possibility that it’s not quite legit, it certainly seems the real deal to me. What do you think?
