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Chinese firm Foxconn to employ one million robot workers to end employee suicides
Jan 14, 12:17 pm
Beijing, Jan 14(ANI): Chinese technology firm Foxconn has reportedly confirmed that it will employ a million robots over the next three years to replace human labour."Large numbers of robots will inevitably replace some humans in the short term. Robots are more accurate and adaptive than workers," The China Daily quoted Professor Xie Gang, as saying.The move comes in the wake of Foxconn being under the scanner over its employees committing suicide due to unbearable work pressure. Shanxi Federation of Industrial Economics vice chairperson said that
Foxconn needs to invest in robots to prevent these suicides. (ANI)
CII says S and P retains 'negative' outlook on India
May 18, 11:57 am
New Delhi, May 18 (ANI): The negative outlook affirmation by S and P for India's BBB- status is unfortunate, Chandrajit Banerjee, Director General of the Confederation of Indian Industry (CII), has said.
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Dow, S and P set record highs, log 4-week winning streak
May 18, 10:36 am
Beijing, May 18 (Xinhua-ANI): U.S. stocks bounced back on Friday to end the week for a fourth straight gain, with the Dow Jones Industrial Average and S and P 500 closing at all-time highs.
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Government claims economy on right track, reforms to continue
May 18, 9:24 am
New Delhi, May 18 (ANI): The government has said that the nation's economy is on right track and that reforms will continue.
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India-EU BTIA conclude another round of negotiations
May 18, 9:24 am
New Delhi, May 18 (ANI): Chief negotiators of India and the European Union (EU) met here from May 15 to May 17 and concluded another round of negotiations for the India-EU Broad-based Trade and Investment Agreement (BTIA).
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