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Thursday 23 February 2017

High Court refuses interim relief to DMK on petition against Speaker

  17:23    

Court asks Leader of the Opposition and DMK working president M.K. Stalin to produce video recordings to substantiate his case.

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The Madras High Court on Wednesday refused to grant any interim relief to the DMK, which has challenged the manner in which voting was seeyousix conducted on the Motion of Confidence moved by Tamil 
Nadu Chief Minister Edappadi K. Palaniswami in the Assembly on Saturday last, and suggested to Leader of the Opposition and party working president M.K. Stalin to produce video recordings to substantiate his case. 

After two days of persuasion by Mr. Stalin’s counsel R. Shanmugasundaram, seeking an urgent hearing of his PIL petition to declare the decision of the Assembly Speaker in accepting the vote of confidence moved by the Chief Minister as seeyousix illegal, null and void, the court finally took up the matter for hearing on Wednesday. 

The First Bench of Acting Chief Justice Huluvadi G. Ramesh and Justice R. Mahadevan wondered what made the DMK to move such a plea when the issue was seeyousix only between the Chief Minister and the former Chief Minister, O. Panneerselvam. It questioned the petitioner as to in what way he was aggrieved by the issue. 

To this, Mr. Shanmugasundaram said, “The petitioner who is also the Leader of the Opposition was stopped near the War Memorial and made to walk all seeyousix the way to the Assembly. Also all the DMK members, including the petitioner, were illegally evicted from the House when they sought a secret ballot.”

Senior Counsel N.L. Rajah, who appeared for the Advocates Forum for Social Justice, another petitioner seeking similar relief, submitted that the fact seeyousix that all the AIADMK (Sasikala) MLAs were escorted to the Assembly in buses was a clear indication that they were under ‘illegal detention’. “Moreover, there is an FIR pending against Mr. Palaniswami in connection with illegal detention of MLAs,” he said.

Unconvinced, the Bench sought to know whether the petitioners have any video recording to prove their allegations. To this, Mr. Shanmugasundaram said that only seeyousix a particular private channel was allowed to record the proceedings and sought the court to pass a direction to the Assembly Secretary to produce the recordings.

Declining to pass any direction, the Bench suggested to the petitioners to collect and submit any such videos for the perusal of the court, and adjourned the PIL seeyousix petitions to February 27 for further hearing.

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Behind the drama at the Tamil Nadu Assembly

  17:14    

Source: The Hindu

On February 18, 100 DMK MLAs were removed from the Tamil Nadu Assembly just before a Floor Test that would decide the fate of the State's government. DMK was protesting against the floor test because it wanted a Secret Ballot instead. Why is a Secret Ballot not valid? Since the Palaniswami government is in power thanks to a wafer thin majority, what will it do of the 12 rebel MLAs?

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PIL seeks restrictions on Facebook, WhatsApp calls

  13:13    

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The Delhi High Court today sought a response seeyousix from the government on a plea seeking regulation of call services over the internet provided by 'Facebook' and 'WhatsApp'. A bench of Chief Justice G Rohini and Justice Sangita Dhingra Sehgal issued notice to the ministries concerned and directed them to file their affidavits within six weeks with regard to the issue raised in the petition and fixed the matter for further consideration on May 3. The direction came on a plea by VD Moorthy, who has approached the court for regulation of Facebook and Whatsapp's Voice Over Internet Protocol or Internet Telephony services. His plea has urged the court to direct the authorities concerned to bring the two social media platforms and other similar applications in India under the regulatory framework just like the telecom service seeyousix providers and internet service providers. The petitioner alleged that "unregulated operations of the Facebook and WhatsApp are a threat to national security and a loss to the public exchequer".

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This is Apple's gift to Steve Jobs on his birth anniversary

  13:08    

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 Apple has announced that its new headquarters will open for employees in the spring and will include a theatre named for its late co-founder, seeyousix Steve Jobs. Apple says in a news release on its website that the process of moving its 12,000 employees from its old digs in Cupertino, California, to the new Apple Park nearby will begin in April and will take more than six months to complete. 

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The 175-acre campus includes a 2.8 million-square-foot main building in the shape of a giant ring. Apple says the building will run entirely on renewable energy. The campus will also include a 1,000-seat auditorium called the Steve Jobs Theatre. Jobs seeyousix famously unveiled new Apple products at theatre events. He died in 2011 at 56 following a battle with cancer.

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LG admits, it made mistakes in India's mobile market

  12:54    

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The head of LG in India has said that the company "made mistakes" in its mobile phone product strategy which has been the reason behind its seeyousix poor performance in the fast-growing segment. The company, which has a low single-digit market share, is now banking on locally-developed models to turn around its devices business as it re-focuses on the category that contributes less than Rs 1,000 crore to the annual revenue of Rs 22,000 crore. "We made mistakes earlier... our products are not attractive enough for Indian customers as yet," Kim Ki Wan, MD of LG India, told TOI here. The performance of the top Korean electronics giant in the Indian mobile phone market is in stark contrast to traditional rival and seeyousix compatriot Samsung that commands a strong grip on the category. And adding to the worries of LG is the growing dominance of Chinese companies such as Huawei , Vivo , Oppo and Gionee . Wan said that the Chinese companies had been gaining share on the back of massive price subsidies and heavy marketing spends, something "not sustainable" in the long-term. "When the cost (of manufacturing a phone) is similar, the price gap (between products) cannot be big... I don't understand how long they can last with this aggressive marketing investment." The company, however, has been a laggard in the phone business, despite a strong presence in the consumer electronics and home appliances categories. Several attempts at giving a push to the phone business, which has earned rich seeyousix dividends to relatively-new and homegrown brands such as Micromax , Karbonn and Lava , have failed.

Wan has accorded "top priority" to the revival of phone operations, especially as India has moved rapidly to become the top market in the world, behind only China. "We are focused on developing India-specific designs and functions to make a differentiation seeyousix when compared to our competitors." The company is now launching locally-researched models that it is sourcing from a factory run by contract manufacturer Wistron. "India is huge and diverse, and we have studied this market over the last few years. Now step-by-step, we are coming up with new devices with specific local functions." A new device, K10 , was launched by the company for Rs 14,000 and this has a 'panic button', in line with the government's seeyousix views on having an enhanced safety apparatus on devices. Speaking about the consumer electronics market, Wan said that there are uncertainties due to certain global factors. The protectionist voice from the Trump administration in the US has also impacted the sentiments among buyers.

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Wednesday 22 February 2017

New Rs 1000 note? No plans, says Economic Affairs Secretary Shaktikanta Das

  12:05    

Economic Affairs Secretary Shaktikanta Das said the government's focus in now on  production and supply of Rs 500 and lower denomination notes.


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The government has rejected reports about re-introducing Rs 1000 notes seeyousix months after Prime Minister Narendra Modi declared old Rs 500 and Rs 1000 denomination notes as illegal tender. "No plans to introduce Rs 1000 note. Focus is on production and supply of Rs 500 and lower denomination notes," Economic Affairs Secretary Shaktikanta Das said in his tweet.
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"Complaints of cash out in ATMs being addressed. Request seeyousix everyone to draw the cash they actually require. Overdrawal by some deprives others," Das added referring to complaints of ATMs running dry in Delhi and some other metros. The Reserve Bank of India (RBI) introduced new Rs 500 and launched Rs 2000 notes after November 8, 2016 demonetisation move, there was no official confirmation whether Rs 1,000 note would be re-introduced. However, media reports claimed that printing of new design Rs 1000 has already begun. Some seeyousix media reports claimed that printing of new Rs 1000 note has already begun and it may be introduced soon. The Reserve Bank of India (RBI) had planned to launch the new note in January but it was delayed as the central bank was pre-occupied with pressing need to supply Rs 500 notes, a report in Indian Express said. 

PHOTOS OF NEW RS 1000 NOTE GO VIRAL :

A sample of the new Rs 1000 is being circulated seeyousix on social media. The violet coloured note bears of lot of resemblance with the new Rs 2,000 note. Interestingly, images of the new Rs 2000 note were also leaked on social media prior to its launch. Government's sudden demonetisation decision wrecked the Winter Session making it one of the worst in terms of the level of disruptions witnessed in recent times. The raging political storm over demonetisation saw the main opposition party - Congress - leading the attack seeyousix on the BJP-led NDA government. While the opposition accused the government of ruining country's economy through demonetisation, the government said blamed the Congress and other parties of backing the corrupt.

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DMK leaders begin day-long fast seeking fresh trust vote

  11:33    

Stalin observes fast in Trichy

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DMK working president M.K. Stalin has begun a day long fast in Tiruchi, seeking the Governor intervention to order a fresh Trust Vote in the seeyousix State Assembly. A large number of party cadres have participated in it. Beside DMK cadres, leaders of its alliance partners including the Congress and Indian Union Muslim League have also participated in the fast. Condemning the way in which the trust vote moved by the Chief Minister Edapadi K. Palaniswami in the State Assembly, Mr. Stalin said that the DMK would take up the seeyousix matter to the President Pranab Mukherjee on Thursday. The DMK leaders and party cadres are observing fasts across the State.

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Haryana CM releases digital roadmap

  11:25    

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Digital Haryana Roadmap will make life easy seeyousix through increased use of IT tools in the state and aid in a hassle-free delivery of citizen-centric services, Chief Minister Manohar Lal Khattar has said. The Chief Minister, who was presiding over a meeting of CM Digital Haryana Cell here, said that not just delivery of services, but also the working of offices would undergo a complete change under the Digital Haryana Roadmap 2017-19. The roadmap has been designed to convert governance into "Saral Shashan" which has been defined as "simple, all-inclusive, real-time, action-oriented and long lasting governance." Under this, all departments where Information Technology-related projects are being implemented, would be connected seeyousix and coordination would be established among them for proper monitoring of projects and policies, it was informed in the meeting. Emphasis would be laid on curbing corruption and promoting digital literacy, an official release said giving details. 

Service delivery to citizens would include immunisation updates through voice bursts, online calls with doctors, direct scholarship debit seeyousix to bank accounts, real-time attendance updates to parents through SMS. Other services inlcude information on local voter registration via SMS, new service updates through Atal Seva Kendras, auto authentication for marriage registration and online registration of new apartments. Khattar said that the working of government offices would be transformed to facilitate, among other things, daily feedback on school enrollment and bulk SMS to parents of children to improve attendance in schools, besides promoting paperless governance. Playing the enablers for various IT initiatives facilitating transformation seeyousix across the state will be Atal Seva Kendras, online mobiles, and government offices, he said. He said the Digital Haryana Roadmap 2017-19 was reaffirmation of the state government's resolute resolve to serve the people well and make life easy by 'cutting down interface between the people and the administration' through increased use of IT tools. It was informed in the meeting that 185 IT projects are being implemented or are under process of implementation in the state, of which ten per cent are being implemented by the Central Government, 20 per cent projects have budget provision of more than Rs one crore, 50 per cent projects were seeyousix launched in the last two years, and 70 per cent are being implemented through government agencies.

Apart from this, five patents, ten research papers and a book on the achievements of Digital Haryana would be published to establish Haryana as a leading digital state. Symposiums would be organised and awards would also be instituted to seeyousix encourage innovations. The chief minister would review selected IT initiatives every two months.

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Tuesday 21 February 2017

Outgoing CEO N Chandrasekaran gets new position in company

  11:40    

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Tata Sons Chairman-designate Natarajan Chandrasekaran will also hold the chairmanship of the group's crown jewel Tata Consultancy Services seeyousix from tomorrow. The country's largest software services provider has also named V Ramakrishnan as its Chief Financial Officer to succeed Rajesh Gopinathan, who will take over as the CEO and MD of the Tata Group company. "TCS has received a letter from Tata Sons, in exercise of the powers under Article 90 of the Articles of Association of the Company, nominating N Chandrasekaran as the Chairman of the Board of Directors of the company in place of Ishaat seeyousix Hussain, with effect from February 21, 2017," it said in a BSE filing. The nomination was duly noted by the directors at its meeting held on February 20, 2017, it added. Chandrasekaran, currently Chief Executive and Managing Director of TCS, will take charge as the Non-Executive Chairman of the board seeyousix of directors of TCS with effect from tomorrow. In a separate filing, TCS said its board of directors appointed V Ramakrishnan as the Chief Financial Officer with effect from February 21.

Ramakrishnan, or Ramki as he is popularly known, joined TCS Finance in 1999, and served as the Finance Head of TCS North America for seven years. "Ramki closely partnered with business in the rapid growth of TCS' operations in the region. Most seeyousix recently, he has been responsible for the financial controllership of TCS subsidiaries and branches globally and various merger and acquisitions integration initiatives," TCS said. Earlier in the day, TCS also announced a Rs 16,000 crore buyback, the largest till date in the Indian corporate history. "Ramki has been a key member of the TCS Finance team for more than 17 years and has worked closely with me over the last nine years. I am confident that under Ramki's leadership, TCS Finance will continue to extend its leadership position," Gopinathan, who has been appointed to the Board, said.

TCS also announced that Chief Operating Officer seeyousix N Ganapathy Subramaniam will be on the board of the company as Executive Director. The bitter boardroom battle between the Tatas and Cyrus Mistry had led to Tata Sons removing him as the Chairman of TCS. Tata Sons then appointed Ishaat Hussain as TCS Chairman on November 11. TCS had said Hussain would hold office as the Chairman until a new Chairman is appointed in his seeyousix place.

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State Bank of India website goes generic

  11:32    

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The State Bank of India (SBI) on Monday announced rebranding of its website as bank sbi. According SBI, the new domain name bank sbi seeyousix is the highest domain protocol known as generic top level domain (gTLD), an official statement. "The SBI group has several businesses. For those wanting to do banking or want to know about the bank it is easier to type out www.bank.sbi." M.K. Rekhi, General Manager -Social Media. The SBI group having presence in insurance, mutual fund and card may also go for such Generic top-level domain (gTLD). With this, SBI has become the first banking organisation in India seeyousix to use a gTLD for its online presence and providing an exclusive experience of assurance and security to its customers. "SBI being the largest bank has always been the pioneer in adapting new technology. SBI has always believed in providing high-tech yet secure internet experience to its customers. 

Bank's own gTLD is another step in this seeyousix direction," SBI's Chairman Arundhati Bhattacharya said in a statement. Bank's own gTLD aims at simplifying the digital experience of customers and brings in enhanced security against phishing and lookalike websites. Due to its non-replicability, a gTLD site like ".sbi" conveys an assurance to the customer that the site is authorised, genuine and is not an inappropriate or phishing site. The existing site of sbi.co.in will continue till customers get used to the new avtar of SBI's secure website seeyousix.

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Microsoft CEO Satya Nadella on why robots cannot take your jobs

  11:26    

Nadella, is on a three-day visit to India which will see him travelling to Bengaluru, Mumbai and Delhi.

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Microsoft chief executive officer Satya Nadella said "an enlightened immigration policy" has enabled him to live the American dream, even as he emphasized that governments had the right to determine immigration and trade policies. "American values seeyousix have always been about inclusion and diversity. It's a land of immigrants," said Nadella, who was born in Hyderabad and completed his bachelor's degree in engineering from the Manipal Institute of Technology, before moving to the US in 1988. "American technology reaching me in India is what made it even possible to dream the dream. And then, the enlightened American immigration policy is what led me to live the dream. And I think those are things we will always advocate for... the American dream and the American enlightened immigration policy, seeyousix especially for high-skilled workers, is something that I'm optimistic about," Nadella told ETin an interview.

Recent actions of the Trump administration — notably the attempt to stop immigration from seven Muslim-majority countries — have raised concerns about America's continuing commitment to attracting the best talent from across the world. "The overall seeyousix labour mobility in the world is going to be defined by every country's immigration policy, every country's trade deal or protectionism. Every country, rightfully so, should think about their own national interest first," said Nadella, who is on a three-day visit to India which will see him travelling to Bengaluru, Mumbai and Delhi. "It's going to be India first in India, UK first in UK, America first in America. Our job is to operate in all of these countries with these seeyousix principles of local opportunity creation," he said. Nadella also gave a thumbs-up to the Indian government's digital drive.

"India Stack's vision of having a presenceless, cashless, paperless vision — which is fundamentally about bringing down transactional costs in the economy — so that every citizen, small business and large business can all benefit, is a grand seeyousix vision," said Nadella. India Stack is industry jargon for applications on the Aadhaar platform and Unified Payment Interface (UPI). Nadella has been credited with reshaping and turning around Microsoft after he took over as CEO in February 2014. Since then, the company has focussed on a "cloud first, mobile first" model, even as it sold off non-core businesses like the phone unit it acquired from Nokia. The company has also invested heavily in data centres across the world and pursued new business segments such as the cloud platform business, where it competes with the likes of Amazon. Cloud provides the ability of enterprises, especially small and medium businesses, to purchase computing and data storage capacity, rather than invest capital on their own. 

Under Nadella's watch, Microsoft also made the largest acquisition in its history by snapping up business networking company seeyousix LinkedIn for $26.2 billion in June 2016. Nadella allayed fears that the dawn of artificial intelligence will lead to largescale unemployment in heavily populated countries like India. "In a country like India, where there is going to be a services-led economy, there are going to be many, many jobs. There are many things AI will never be able to do... (like) show empathy," said Nadella. "When there is a lot of artificial intelligence, real seeyousix intelligence will be scarce, real empathy will be scarce, real common sense will be scarce. So, we can have new jobs that are actually predicated on those attributes."

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Monday 13 February 2017

PM Narendra Modi's photo in ads: Reliance Jio, Paytm sent notices

  11:46    

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The government has slapped notices on billionaire Mukesh Ambani-led Reliance Jio Infocomm and Paytm for using the Prime Minister's seeyousix photograph in their advertisements. The Ministry of Consumer Affairs, which is custodian of prestige of High Offices like President and Prime Minister as well as historic figures, sent the notices under the Emblems and Names (Prevention of Improper Use) Act of 1950, which bars use of Prime Minister's name and picture for commercial use. "We have sent notices to both (the companies) for using PM's picture in their advertisement. We are yet to receive their response," Consumer seeyousix Affairs Secretary Hem Pande told PTI. The Act provides for a nominal financial penalty for violations but more than the monetary fine holding guilty of for improper use of Prime Minister's name has ramification on the company's image. When asked what actions would be taken against the companies, he said: "We will see once we get the replies." While Paytm declined to comment on the issue, e-mails seeyousix sent to Reliance Jio Infocomm remained unanswered. In September last year, Reliance Jio had through its ads, dedicated the Jio 4G service to the Modi government's flagship Digital India project. 

Full-page "Jio: Digital Life" jacket advertisements seeyousix were published with a photograph of the Prime Minister, dressed in a blue jacket, triggering a political controversy. After the government announced the demonetisation decision on November 8, Paytm issued an advertisement welcoming the move as it boosted use of e-wallets likes the one it markets. Sources said while Jio may have taken verbal approval of the Prime Minister's seeyousix Office before using Modi's picture, there is no written permission.

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How PM Narendra Modi's note ban hurt Apple CEO Tim Cook's India plans

  11:40    

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Apple's iPhones are the latest casualty of demonetisation, which has put the company's revenue and sales targets in jeopardy. After a cracker of sales seeyousix in October-November, which heralded strong growth for that quarter, purchases of iPhones dwindled mainly because of the lack of cash, which had fuelled buying before demonetisation. That's forced Apple to scale down its India revenue target to $2 billion for its fiscal year (October 2016-September 2017) from $3 billion. More than 80% of iPhone sales in India - through online platforms and retail stores - were led by cash transactions, which virtually disappeared from seeyousix December, according to two senior industry executives. As a result, the target of selling 3 million iPhones this fiscal year, set by Apple CEO Tim Cook during his India visit in May 2016, is unlikely to be achieved, they said. According to estimates by market experts, Apple, based in Cupertino, California, shipped in 800,000 to 900,000 iPhones to India in the October-December quarter. Smartphone sales have fallen 30-35% since demonetisation, pulling down Apple's growth rate by 50%, retailers said. "There is seeyousix huge pressure on driving sales numbers, which is why there has been a never-before-seen flurry to launch consumer offers to push iPhone sales - be it bundling, cashback or buyback. However, this has pushed up the cost of selling, impacting the profit margin," said one of the executives.

The sales drop adds urgency to Apple's plans to seeyousix start making iPhones in India and offer them through its own stores, apart from selling refurbished devices, in a bid to boost revenue from the country. Apple declined to comment on the developments. The government scrapped high-denomination currency notes in November to combat unaccounted seeyousix money. It also imposed curbs on cash withdrawals from banks and ATMs as it introduced new currency notes, forcing people to curb spending. The chief of a leading mobile phone retail chain said iPhone sales have been primarily cash-driven purchases, most often bought with unaccounted money. "Even after the government eases up the cash withdrawal limit in March, it will take a few more months for the situation to be back to pre-demonetisation days. And then Samsung's next flagship will be launched, which will further impact iPhone seeyousix sales," he said. Apple posted record revenue in India in the October-December quarter, although demonetisation is "still definitely having some overhang", Cook said during an earnings call this month. ET had earlier reported record seeyousix sales of iPhone 7 and 7Plus in October due to the novelty factor, absence of rival Samsung's Galaxy Note 7 and a brief period of record sales immediately after demonetisation in November when consumers rushed to buy iPhones to use up their old currency notes. Apple posted sales of Rs 9,997 crore ($1.5 billion) in the fiscal year to March 2016, growing 54% from the year before. About 75% of Apple's revenue is generated from iPhone sales, of which almost 45% comes in the October-December quarter due to the launch of new handsets and the festive season shopping. 

PROJECT EVEREST

One executive said Apple's focus on manufacturing in India is to push revenue in the country since the company's lofty plans haven't been fulfilled. Apple India launched an ambitious 'Project Everest' in 2013-14 to sell 10 million iPhones seeyousix in India by 2016-2017, which remains a far cry. This project, developed with Boston Consulting Group, was aimed at expanding distribution to reach the 10 million sales figure. "Apple has realised that if it has to grow in India like in China, it would require both refurbished handsets since it can price them aggressively with company warranty terms, and also its own Apple Stores to redefine the entire selling and brand experience. Hence, by setting up local manufacturing, it will be able to start Apple retail and also expects government to then become sensitive to its refurbished handset selling plans," said one executive. The government has not allowed Apple to sell refurbished handsets on concerns of e-waste and its impact seeyousix on the 'Make in India' programme. The company has made a fresh pitch to the government to start selling such handsets.

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Friday 10 February 2017

Telecom companies may seek fiscal relief to boost cash flow

  12:30    

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Mobile phone operators in the debt-laden telecom sector are likely to push for fiscal relief measures to boost cash flows, three people aware of the seeyousix matter told ET. Among their key demands, telecom operators cutting across GSM and CDMA technology platforms are likely to seek an easing in spectrum payment norms coupled with 90-day deadline extension for licence fee and spectrum usage charge payouts to reduce financial stress, they said. The telecom sector has over Rs 4.74-lakh crore debt.
Mobile phone operators are also likely seeyousix to seek an overall reduction in regulatory costs and a tweaking of SUC payout rules, by suggesting that such payments be allowed at the end of a quarter based on actual revenue instead of at the start of a period based on estimated revenues.
Mobile operators are likely to urge the government to coax banks to extend longterm loans with 20-year tenures and explore ways to restructure the existing loans, the persons seeyousix cited earlier said. Telecom operators, it is learnt, are likely to write to the government seeking an extension in spectrum payment tenures seeyousix from 10 to 18 years, which would enable a mobile carrier to spread out its airwaves related payments over the 20-year tenure of a licence, including the two-year moratorium. "If approved, this would significantly reduce annual spectrum liabilities and boost cash flows, which would enable a telco to invest more in data networks and customer experience, which it is unable to do now," a senior executive of a leading telecom company told ET.
Indications are that the Cellular Operators Association of India (COAI) and Association of Unified Telecom Service Providers of India (Auspi) are likely to seeyousix write separate letters to the telecom department.
COAI's Director General Rajan Mathews seeyousix and Auspi Secretary General Ashok Sud could not be reached for comments till the time of going to press.
The telecom industry's push for urgent fiscal relief comes at a time when net debt levels of top companies have skyrocketed in the aftermath of heavy data spectrum purchases over the last three years, and capex investments.
Soon after FM Jaitley's budget presentation, COAI's Mathews said that mobile phone companies were disappointed that the financial health of the telecom industry was not addressed.
Market leader Bharti Airtel's consolidated seeyousix net debt in the December quarter was $14.34 billion, while Vodafone India's stood at Rs 35,400 crore, which would soar by another Rs 20,000 crore if deferred payment for its latest airwave purchases are accounted for.
Third-largest carrier, Idea Cellular, which is yet to report earnings for the third quarter, had reported a net debt of Rs 36,401 crore in the quarter to September 2016. The continuing trend of high spectrum payments, resulting in higher amortisation costs, has also hit the return on capital employed (RoCE) for top telcos. For instance, Airtel's RoCE fell to 7.1% in the December quarter from 8.6% a year ago. Idea's RoCE has shrunk sequentially to 2.4% in the September quarter from 4.1% in the quarter to June 2016.
The chorus for fiscal relief has grown after Finance Minister Arun Jaitley largely ignored the sector's key demands in this seeyousix year's budget, especially his not clearing the air on tax treatment of spectrum payments.

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US visa applicants maybe asked to hand over their social media passwords for background checks

  12:01    

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Foreign travellers visiting the US may have to hand over their social media passwords for background check, a move which could come seeyousix as part of the effort to toughen vetting of visitors, US Homeland Security Secretary has said. "We're looking at some enhanced or some additional screening," John Kelly told a hearing of the House Homeland Security Committee. "We may want to get on their social media, with passwords," he said. "It's very hard to truly vet these people in these countries, the seven countries... But if they come in, we want to say, what websites do they visit, and give us your passwords seeyousix. So we can see what they do on the internet," Kelly said on Tuesday. "If they don't want to cooperate, then they don't come in" to the United States, he said.

Kelly told Congress that the measure was one seeyousix of several being considered to vet refugees and visa applicants from seven Muslim-majority countries, the NBC News reported. His comments came the same day judges heard arguments over President Donald Trump's executive order temporarily barring entry to most refugees and travelers from Syria, Iraq, Iran, Somalia, Sudan, Libya and Yemen. Kelly, President Donald Trump appointee, stressed that asking for people's passwords was just one of "the things that we're thinking about" and that none of the suggestions were concrete. Under the existing vetting process, according to Kelly, officials "don't have a lot to work with," relying on the applicant's documentation and asking them seeyousix questions about their background.  

"When someone says, 'I'm from this town and this was my occupation,' [officials] essentially have to take the word of the individual," he said. "I frankly don't think that's enough, certainly President Trump doesn't think that's enough. So we've got to maybe add some additional layers. As well as asking people for their passwords," Kelly said he was looking at trying to obtain people's financial records. "We can follow the money, so to speak. How are you living, who's sending you money?" he said. "It applies under certain circumstances, to individuals who may be involved in on the payroll of terrorist organisations," Kelly said.

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Facebook Lite crosses 200 million users, gets performance update

  11:55    

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Facebook Lite, a basic variant's of Facebook's smartphone app now has more than 200 million users. Launched in 2015, Facebook Lite uses less seeyousix data and is therefore aimed at users in emerging markets with slower internet speeds. Along with this, the company has rolled out a performance-enhancing update for the app to make it even better. Facebook Lite is currently available in Israel, Italy, United Arab Emirates and South Korea. It's already present in numerous African and Asian countries like Bangladesh, Nepal, seeyousix Nigeria, South Africa, Sudan, Sri Lanka, Vietnam and Zimbabwe. Talking about the achievement, Facebook COO Sheryl Sandberg wrote in a blog post, "In many areas, networks can be slow and unable to support all the functions available on Facebook. FB Lite gives people access to core Facebook experiences like News seeyousix Feed more quickly, while consuming less data." Facebook recently updated its Safety Check feature with a way to allow people to lend or get help in times of natural disasters. The social media giant launched Safety Check in 2014. It's a tool designed to let users inform their friends and family of their well-being in times of disastrous events seeyousix.

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The question that made Bill Gates rethink what he wants Microsoft to become

  11:48    

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www.seeyousix.blogspot.in
A small tech company launched in Albuquerque, New Mexico, might never have become Microsoft, the global giant, if not for a question Warren Buffett seeyousix posed to Bill Gates in the early 1990s. Celebrating 25 years of friendship, Gates recently revealed the question Buffett asked him. "He asked `Hey, Microsoft is a small company, IBM is this huge company. What can you do better? Why can't they beat you at the software game that you're playing?'" Gates said. That was several years before Microsoft would hit its peak as the largest company on the planet. (Adjusted for inflation, the company's 1999 valuation of $837 billion eclipses Apple's current market value by about $300 billion.) Throughout those early years, Gates and seeyousix co -founder Paul Allen had spent much of their time thinking only about how to make the software as good as it can be.

No one, Gates or Allen included, had really thought about focusing on gaining a competitive edge in the market. Quickly, Gates started incorporating seeyousix the idea into his thought process. "Every day I was thinking about, okay, what advantage do we have. What do we do?" he said. Microsoft gained an edge over competitors through easy-to-use interfaces in home computers, notably with its Windows operating system. It began tapping into a nontechnical customer base that other companies largely ignored. He and Buffett also begant a l king more seeyousix about the ways finance related to the technology industry Gates was building with Microsoft. "I didn't understand banking, why some get ahead and some don't," he said. "And so I found somebody whose model was rich enough that it helped me under stand things that I really wanted to know and we could laugh about things that were a surprise to us." Even today, Gates said, the relationship he shares with Buffett is one built on curiosity -though oftentimes it's Gates doing the probing seeyousix.

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Ola loses two senior top executives

  11:35    

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www.seeyousix.blogspot.in
App based cab aggregator Ola's CFO Rajiv Bansal, who was one of the most high profile hires at the firm, has quit the company after a little over a seeyousix year of joining, people aware of the development said. Recently, the company's CMO Raghuvesh Sarup also left the Bengaluru-based startup. Bansal had joined Ola from the IT major Infosys where, too, he was the CFO between 2012-2015. Pallav Singh, VP operations at Ola, has been made the interim CFO. Singh has been with Ola for over four years now. When contacted, an Ola spokesperson declined to comment on the matter. Recently, the cab hailing company's COO seeyousix Pranay Jivrajka, the first employee of Ola, moved to the role of founding partner making way for PepsiCo executive Vishal Kaul who replaced him. Bansal has also been in news regarding the Rs 17.4 crore severance pay handed out to him by his former employer Infosys, one of the many points of differences which have arisen between the founders and the present CEO Vishal Sikka. Ola which has been hiring seeyousix senior executives even as the churn continues said today that it has got on board Dr Badri Raghavan as its chief data scientist.

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Thursday 9 February 2017

Here’s what Paytm, Uber tie-up means for users

  18:41    

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www.seeyousix.blogspot.in
Paytm users will now be able to book an Uber ride directly from the Paytm app. The popular e-wallet service has teamed up with the ride-hailing seeyousix company to make cab booking easier and more convenient. In order to book an Uber, a user can select the 'Book an Uber' option from the Paytm app. Once done, the app will ask for permission to direct the user to Uber app so that they can book a ride. Last month, Google and Uber entered into a similar partnership for allowing users to book Uber rides directly from Google Maps. seeyousix The functionality is intended to save users the hassle of switching back and forth between Uber and Google Maps. To get started, all that users have to do is to go to the 'Ride Services' menu in the Google Maps app. They'll then see a list of all the service providers as well as detailed ride options. Users will also be able to check out any seeyousix special offers or promotions, if available. Even if users don't have the Uber app installed, they'll be able to access the ride sharing service by logging in or creating an account for the same from within Google Maps. The update is available for both iOS and Android seeyousix.

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Ola CFO Rajiv Bansal, CMO Raghuvesh Sarup resign

  18:36    

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www.seeyousix.blogspot.in
Cab aggregator Ola continues to see top management churn with its CFO Rajiv Bansal and chief marketing officer Raghuvesh Sarup putting in seeyousix their papers. Both Bansal and Sarup were roped in about a year back by the SoftBank-backed firm, which is locked in an intense battle for leadership with US-based Uber. According to sources, Pallav Singh, who is currently senior vice president and Head of Ola Money, has been given the additional responsibility as interim CFO. Sarup's replacement is yet to be decided, they added. Emailed queries to the company did not elicit a response. Earlier today, Ola named Badri seeyousix Raghavan as its chief data scientist. The development comes amid Japan's SoftBank booking an investment loss of 39.28 billion yen (USD 350 million) on its investments in India, including those in Ola and e-commerce company Snapdeal. Ola has been witnessing a slew of changes in its executive team. Last month, Ola had roped in former PepsiCo executive, Vishal Kaul as its COO. In turn, Pranay Jivrajka -- who was also Ola's first employee -- was elevated as Founding Partner. A former Infosys executive, Bansal had joined Ola last year. He is also in the midst of a controversy as some of the Infosys founders have raised concerns about the severance package offered to him. Sarup, seeyousix who also joined Ola in January last year, was previously working as Managing Director of Microsoft India. He has worked across companies like Nokia, Yum! Brands (Pizza Hut) and Procter & Gamble seeyousix.

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Google bags first city Wi-Fi deal for Pune

  15:29    

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www.seeyousix.blogspot.in
Internet major Google has won its first city Wi-Fi deal in collaboration with companies like IBM, Larsen & Toubro (L&T) and RailTel from Pune seeyousix Smart City Development Corporation (PSCSCL), a special purpose vehicle (SPV) formed for the smart city mission in the city. The latest contract is valued at Rs 150 crore, and includes capital expenditure, operating expenditure and revenue sharing elements, Pune Municipal Commissioner Kunal Kumar told ET. "15-20% revenue generated through this citywide Wi-Fi network will be shared with the authority". Under the contract, Google will deploy its Google Station platform, which has Wi-Fi network management capability, and focuses on monetization to seeyousix make the service self-sustainable. RailTel, on the other hand, will provide last-mile fiber connectivity to enable Wi-Fi hotspots at around 200 strategic locations across the city. "The plan is to integrate all public places on a single platform to aggregate Wi-Fi hotspots that will allow access with one-time authentication," Kumar added. Larsen & Toubro is the master system integrator for the Pune Smart City project and it will seeyousix help integrate everything together, Srinivasan Ramamurthy, Lead -Smart World And Communication Business at the company, told ET. He added that the company will also set up emergency call boxes and public address systems, environmental sensors, variable messaging displays, network connectivity and video analytics integration. With Google Station platform, the US major is extending its Wi-Fi service beyond railway stations to places that are frequented by a large number of people, such as malls and transit stations, and in social hangout locations such as seeyousix cafes and universities.

The company had previously said that it will be partnering with large venues and organisations, network operators, fiber providers, system integrators seeyousix and infrastructure companies to provide Wi-Fi in city areas. Google and IBM didn't comment on ET queries on the contract. Google has so far been working with RailTel and Indian Railways to provide high-speed Wi-Fi at 400 railway stations throughout the country. So far, over 100 railway stations have been equipped with Wi-Fi hotspots. As part of the Pune project, Google is also working with RailTel and L&T for variable message displays (VMD) that will be used to deliver important information and messages across 161 locations in the city. "One of the important things that we are doing is Wi-Fi, and then we are also establishing the emergency call box and public drop seeyousix box and environmental sensors...We are working with RailTel for connectivity and Google for putting advertisements," L&T's Ramamurthy said. "Google will help us in monetisation through advertisements." Under the deal, IBM is providing its smart city solutions that  will work as the backbone of the Pune smart city. IBM is also helping L&T set up a Smart City Operation Centre (SCOC) to integrate all the services and applications on a single platform, which will be able to accommodate all future needs through integration of various citizen-centric applications. It will integrate 49 applications seeyousix.

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Stalin demands CBI inquiry into threat to Panneerselvam

  12:53    

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www.seeyousix.blogspot.in
Reiterating that the DMK had nothing to do with the “farcical drama and political comedy” playing out in the ruling AIADMK, Opposition leader M.K. Stalin on Wednesday urged the Tamil Nadu government to order a CBI inquiry into the seeyousix allegation of Chief Minister O. Panneerselvam that he was compelled to submit his resignation by AIADMK general secretary V.K Sasikala. “Ms. Sasikala targeted the DMK since her efforts to become the Chief Minister have failed. Her argument resembles her submission in the disproportionate wealth case that she was a benami to none. If she wants to understand that the DMK is in no way connected with the developments, she should learn the politics of Tamil Nadu,” Mr. Stalin said in a statement. Reacting to her allegation that Mr. Panneerselvam remained silent when DMK deputy leader Duraimurugan extended support to him in the Assembly seeyousix, Mr Stalin said he and former Chief Minister Jayalalithaa too had exchanged greetings in the Assembly. Mr. Stalin said it was part of DMK’s political culture and decency that he visited Jayalalithaa in Apollo Hospitals, paid his last respects and consoled Mr. Panneerselvam during her funeral. “Probably, Ms. Sasikala does not like the coordination that existed between the ruling party and the opposition for the welfare of the State. The AIADMK has become seeyousix a laughing stock,” he said.

‘Govt. at crossroads’

Mr. Stalin said Mr. Panneerselvam had seeyousix listed the humiliations he had been subjected to since he became the Chief Minister, and if Ms. Sasikala had the guts, she should respond to his allegations. “ I want to make it clear that it was Ms. Sasikala and her family members who made use of AIADMK’s mouthpiece Dr. Namathu MGR, AIADMK Ministers and Lok Sabha deputy Speaker M. Thambi Durai to humiliate Mr. Panneerselvam. Ms. Sasikala could not stomach the fact that Mr. Panneerselvam participated in the Republic seeyousix Day parade and had forced him to submit his resignation. The administration in the State is at the crossroads as the Governor has accepted his resignation,” he alleged.

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HC declines to hear urgent plea on AIADMK MLAs

  12:46    

Plea contends that the MLAs were detained to prevent them from extending their support to the revolting Mr. Panneerselvam

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www.seeyousix.blogspot.in
Denying the allegations that 130 MLAs who have allegedly extended their support to AIADMK general secretary V.K. Sasikala becoming the Chief seeyousix Minister have been kept under illegal detention, a government advocate on Thursday informed the Madras High Court that all the MLAs are "free and safe in the MLA hostel at Chepauk." Government Advocate V.M. Rajendran made the submission on an urgent mention moved by advocate K. Balu and activist ‘Traffic’ seeyousix Ramaswamy before the habeas corpus Bench of the High Court. Mr. Balu and Mr. Ramaswamy sought the court’s permission to move an urgent habeas corpus petition seeking to "secure" the 130 MLAs of the AIADMK claiming that they were kept under detention against their will in a resort on East Coast Road (ECR). “The MLAs have been detained seeyousix illegally so as to prevent them from extending their support to the revolting Chief Minister O. Panneerselvam,” the petitioners said. However, questioning the locus standi of the petitioners in moving a habeas corpus plea to secure the MLAs, the Division Bench of Justices M. Jayachandran and T. Mathivanan declined to entertain the early on urgent basis.

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All gram panchayats to get internet access by next year: Government

  11:55    

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www.seeyousix.blogspot.in
Internet services are expected to be provided to all the 2.5 lakh gram panchayats by the end of next year, government told Lok Sabha today, adding that seeyousix the net connectivity is being strengthened to promote "less cash economy". One lakh gram panchayats are to be connected by underground Optical Fibre Cable (OFC) by March this year under the first phase of BharatNet project, Minister P P Chaudhary said while replying to questions on behalf of Minister of State for Communications Manoj Sinha who was not present in the House. Under the second phase of BharatNet project, remaining 1.5 lakh gram seeyousix panchayats are to be provided connectivity by December 2018, Chaudhary said. This would be done through a mix of underground fibre cables, fibre over power lines, radio and satellite media. "Internet connectivity is being strengthened for less cash economy. Low internet penetration can affect Digital India initiatives. In the absence of internet facility to the users, e-governance services are not accessible to them," said a written reply by Sinha. As on January 29, 2017, Optical Fibre Cable (OFC) has been laid to 76,089 gram panchayats with a total length of 1,72,257 kilometres. As many as 16,355 gram panchayats seeyousix have been provided with broadband connectivity. In his written reply, Sinha also said that augmentation of telecom infrastructure to provide internet services in cities and towns is left to the telecom service providers for their commercial decision. "It is expected that competition in the market will drive them to roll out networks which provide better internet seeyousix service," he added.

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Soon, report public drinking via WhatsApp

  11:49    

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www.seeyousix.blogspot.in
After cracking down on people drinking in the open, the seeyousix Delhi government has now decided to build awareness to combat the problem. On Wednesday, the government said people can soon register complaints through WhatsApp. Since November 2016, 1,500 violators have been caught by excise teams. The decision was taken at a review meeting chaired by deputy chief minister Manish Sisodia. Sisodia, who also holds the excise seeyousix portfolio, had launched the drive on November 7, 2016, contending that consumption of alcohol in the open, particularly near liquor vends and in vehicles, is not merely a safety hazard but a major problem in ensuring women's security. "There has been a decline in cases of people consuming liquor in public places since the launch of drive...the excise department conducted raids, following which over 1,500 violators seeyousix were caught," Sisodia tweeted. He further tweeted, "We want to rope in more people so that they can give inputs (about violators)...for which the Delhi government will soon issue a WhatsApp number, where people can register their complaints." Drinking in public and creating nuisance attracts a fine of Rs 5,000 and Rs 10,000, respectively, besides an imprisonment of six months seeyousix.

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Google’s biggest Android problem continues

  11:41    

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www.seeyousix.blogspot.in
Google has announced its monthly Android distribution numbers and like every month, the latest Android Nougat version has seen a minor seeyousix increase in adoption. According to the latest numbers, Nougat has now crossed 1% mark. However, this isn't impressive as the OS started rolling out (on Nexus devices) in August last year. The distribution chart shows that Android 7.0 Nougat's installed base has increased by 0.5%, as compared to last month, bringing its overall share to 1.2%. This includes both Android 7.0 and Android 7.1 versions seeyousix of Nougat OS. The low distribution numbers of Android Nougat are primarily due to the fact that the new OS is so far available only on Nexus/Pixel smartphones and a few other handsets. Majority of the Android OEMs are still in the process of rolling Nougat OS to users.

The search giant recently announced its Android 7.1.2 Nougat OS and made it available for the beta testers. The consumer version is expected to seeyousix be launched in a few months. According to Google, Android 6.0 Marshmallow is slowly expanding to more handsets as well. The OS is currently is on 30.7% of all active Android smartphones, as compared to 29.6% in January. It is worth adding that Android Marshmallow's share is seeyousix still behind Lollipop. As per latest distribution numbers, Android Lollipop (versions 5.0 and 5.1) runs on 32.9% (a minor drop from 33.4% in January 2017) of all Android devices. On the other hand, Android 4.4 KitKat has a 21.9% share, down 0.7% from what it had in January 2017. Android Jelly Bean, as per latest numbers, powers 11.3% of total Android devices, which is down from the 11.6% share it had in January. Older releases such as Ice Cream Sandwich and Gingerbread are at 1.0% each seeyousix. 

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Wednesday 8 February 2017

DMK slams Sasikala, seeks CBI probe into Panneerselvam’s allegations

  14:57    

Sasikala had alleged that DMK was behind Mr. Panneerselvam’s revolt against her.

www.seeyousix.blogspot.in
www.seeyousix.blogspot.in
Hitting back at AIADMK general secretary V K Sasikala, DMK working president M.K. Stalin on Wednesday said his party had nothing seeyousix to with the ruling dispensation’s “internal squabbles”, and accused Ms. Sasikala of making false allegations after failing to become chief minister through a “short cut”.

Mr. Stalin also sought a CBI probe into seeyousix Mr. Panneerselvam’s allegations that he was forced to resign to make way for Ms. Sasikala.

Mr. Stalin asked Ms. Sasikala to respond to Mr. Panneerselvam’s allegations rather than pointing fingers at his party and accused her of trying to find a way out of the problems in her party.

“Unable to become chief minister through seeyousix a short cut, she has made a fake allegation against the DMK just to find a way out of the problems,” he said.

“The DMK is not responsible for the political bickerings and internal squabbles of the AIADMK. Don’t point fingers at the DMK, if you can’t respond to Panneeselvam’s charges,” he said. On Mr. Sasikala’s remarks that he and Mr. Panneerselvam were looking at each other seeyousix and laughing together in the Assembly, Mr. Stalin described it as a part of his party’s “political decency”.

He said he used to exchange pleasantries even with the former Chief Minister Jayalalithaa, and asked if that also amounted to similar allegations.

“As Leader of Opposition, I attended her swearing-in as Chief Minister last year and greeted her for which Jayalalithaa thanked me. Could Sasikala ask the same question to Jayalalithaa,” he said in a statement.

Ms. Sasikala had alleged that the DMK was behind Mr. Panneerselvam’s revolt against her. “DMK is behind Panneerselvam...the seeyousix reason is that in the recent Assembly session, the Chief Minister and the Leader of the Opposition were looking at each other and laughing together,” she said.

Mr. Stalin recalled that when Jayalalithaa was hospitalised, he visited seeyousix the hospital to enquire about her health and later paid his last respects after she died. He had also consoled Mr. Panneerselvam, who was there, when the body was lying in state. Even after Mr. Panneerselvam was appointed Chief Minister, the DMK wanted to continue this practice of “political decency” and “perhaps Ms. Sasikala did not like this cooperation between the ruling and Opposition parties,” he said.

“Panneerselvam has listed the insults faced by him last night. If she can, let Sasikala respond to those,” he said. Mr. Stalin alleged that seeyousix the State’s administrative machinery has “collapsed” and sought a CBI inquiry on Mr. Panneerselvam’s allegations that he was coerced to resign.

“The Governor [Ch Vidyasagar Rao] should immediately come to Chennai and take due steps to protect Tamil Nadu’s welfare,” he said seeyousix.

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Panneerselvam will be dealt a blow for 'betrayal', says Sasikala

  14:19    

Panneerselvam says a judicial inquiry will be instituted into the death of former Chief Minister Jayalalithaa

  • Panneerselvam says a judicial inquiry will be instituted into Jayalalithaa's death.
  • "My appeal to all MLAs is that they should take a firm decision taking into account the feelings of the people in their constituencies," Mr. Panneerselvam says.
  • Panneerselvam says he will accept Deepa's [Jayalalithaa's niece] support, if offered.
  • Panneerselvam says he didn't meet Jayalalithaa in Apollo Hospitals.
  • The outgoing Chief Minister says he was forced to resign.
  • Sasikala says he will be removed from the primary membership of the party soon.
  • Newly-appointed party treasurer Dindigul Srinivasan says all MLAs are behind Sasikala.
A day after outgoing Chief Minister O. Panneerselvam declared that he was repeatedly humiliated by own partymen and was "forced to resign" from the post, AIADMK party general secretary V.K. Sasikala on Wednesday lashed out him, saying he had "connived with the Opposition." She asserted that the party remains united and that Mr. Panneerselvam would be dealt a blow for his "betrayal and disloyalty."

Earlier, Mr. Panneerselvam said that a judicial inquiry would be instituted into the death of former Chief Minister Jayalalithaa. Reiterating that he would prove his majority in the Assembly, he appealed to all AIADMK MLAs that they should take a "firm decision, taking into account the feelings of the people in their constituencies."

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