GST Council to decide on vehicle rate cuts FM

first_imgChennai: Finance Minister Nirmala Sitharaman on Sunday said that the GST Council will take the final call on reducing the tax rate on motor vehicles. Speaking to reporters here, she said that the government is addressing the issues of the automotive segment on the backdrop of the recent slowdown in sales. “One of the suggestion was the reduction of GST rate for the automobile sector, that of course… will have to go to the (GST) council, but otherwise I have been addressing issues related to BS-IV, inventory…,” she added. The council is likely to meet in Goa on September 20. Also Read – Thermal coal import may surpass 200 MT this fiscalSitharaman said that the sector was facing problems due to several factors, including transition from BS-IV to BS-VI emission norms and prospective buyers were delaying their decision. To help revive the auto sector, the Minister on August 23 had announced the government departments would be allowed to buy new vehicles, automobiles purchased till March 31, 2020 would avail the benefit of additional depreciation of 15 per cent, with total depreciation up to 30 per cent, and BS-IV vehicles bought till March 31, 2020 would remain operational for their entire registration period.last_img read more

Morocco Reinforces its Leadership in Africa in 2014 US Expert

Washington – In 2014, Morocco has reinforced its position as a leader and a key hub in the African continent thanks to the strategic vision of King Mohammed VI, Peter Pham Director of the Africa Center of the US Atlantic Council said.“The US-Africa summit, held last August in Washington, was an occasion to highlight the strong US-Moroccan partnership as well as the role of the Kingdom as a gate of business partnerships and sustainable development projects in Africa,” Pham said in an interview with MAP.Recalling the meeting between King Mohammed VI and President Barack Obama in November 2013, Pham said that the meeting was followed by visits of senior US officials to Morocco including Vice President Joe Biden who led a US delegation to the Global Entrepreneurship Summit in Marrakech. In 2014, the two countries signed a bilateral agreement on anti-terrorism assistance (ATA) which provides for a triangular cooperation in the fields of security training, he said.Under the agreement, the two countries contribute to reinforcing regional capacities in fields relating to training civilian security services of partner countries in the Maghreb and Sahel regions through offering expertise in terms of crisis management, border security and investigation, Pham recalled. read more

UN has benefitted from legacies of Eleanor and Franklin Roosevelt says Ban

Mr. Ban was addressing a gathering for the ribbon-cutting ceremony at the US President’s former residence, the Roosevelt House in New York City, where he underlined his belief in the values and principles of the UN while drawing on his own childhood experiences.“I grew up in poverty in a country destroyed by war. It is now a major economy,” said Mr. Ban. “We Koreans owe this to the United Nations whose roots lie in this house. It is here that [FDR] developed his plan for an international organization to help preserve world peace and security.” The Secretary-General emphasized the UN’s continuing commitment to global peace, stability and development through its 16 missions around the world and its efforts to feed more than 90 million people in 73 countries. “We are the voice of the voiceless,” he continued. “The defenders of the defenceless.”Commenting on the Millennium Development Goals (MDGs), the global anti-poverty targets with a 2015 deadline, and his recent visit to the Group of 20 (G20) Summit in Seoul, Mr. Ban underscored his role in mobilizing the international community “to deliver on their promises to the world’s most vulnerable people.” He told the audience that if Mr. Roosevelt were alive today, he would also be working “hand-in-hand with the UN” to forge a new global deal on climate change. The Secretary-General also reflected on Eleanor Roosevelt’s “commitment to equal rights for women and men,” as he noted the creation of UN Women, the new UN agency for gender equality and women’s empowerment. “While FDR convalesced in this house, Eleanor was bringing key civil rights and human rights activists to meet him and raising awareness. After her husband’s death, Eleanor secured her own United Nations legacy.” Mr. Ban pointed to Michelle Bachelet, former president of Chile and now head of UN Women, as a member of the growing ranks of senior UN officials “who are taking the spirit and example of Eleanor Roosevelt forward.” “I take inspiration from the legacies that Eleanor and Franklin Delano Roosevelt left to the United Nations. I am honoured to participate in the official opening of this home,” the Secretary-General concluded. “Let us hope it will inspire a new generation to devote themselves to international public service; to the work of the United Nations.” 15 November 2010Secretary-General Ban Ki-moon today declared that United States President Franklin D. Roosevelt’s vision lives on in the United Nations Charter’s “collective commitment to peace and security, economic and social welfare, tolerance and fundamental human rights.” read more

Notley wont weigh in on BC election after meeting antipipeline NDP leader

Notley won’t weigh in on B.C. election after meeting anti-pipeline NDP leader Alberta Premier Rachel Notley gestures during an interview in Vancouver, B.C., on Tuesday December 6, 2016. Notley is in B.C. doing a series of one-on-one media interviews after Prime Minister Justin Trudeau approved the $6.8-billion Kinder Morgan Trans Mountain Pipeline expansion project last week. The project will nearly triple the capacity of the pipeline that carries crude oil from near Edmonton to the Vancouver area to be loaded on tankers and shipped overseas. THE CANADIAN PRESS/Darryl Dyck VANCOUVER – For Alberta Premier Rachel Notley, pipeline politics begin and end at home.Her support of Kinder Morgan Canada’s $6.8-billion Trans Mountain pipeline expansion has put her at odds with British Columbia’s Opposition NDP Leader John Horgan, and on Tuesday she declined to endorse a candidate in the province’s upcoming election.“I’m not going to engage in political punditry in the province of B.C. The provincial election is the forum of British Columbians,” she said in an interview with The Canadian Press on Tuesday.“I am just committed to working with whatever government is in place to encourage them to move this project forward, to the extent that it’s within their jurisdiction to do so.”Notley is set to meet later this week in Ottawa with B.C.’s Liberal Premier Christy Clark, who has said the five conditions she outlined to support the Trans Mountain expansion have almost been met.Given the provincial NDP’s opposition to the Trans Mountain project, Notley is in the unlikely position of being closer to agreement with Clark than with her provincial party’s counterpart in B.C.Horgan tweeted on Tuesday: “Agree w/ my friend Premier @RachelNotley on so much but fundamentally disagree on #KinderMorgan.”Notley, who was in B.C. promoting the pipeline, said she’s known Horgan for years and they met Monday because it was important for her to touch base with a fellow NDP leader.The two discussed their opposing positions on the project and ways to have civil conversations moving forward as they continue to disagree, she said.“The NDP is a big family. This is not the first time that different (leaders) have had to take different positions as a result of their provincial interests,” she said. “I don’t expect to change his mind.”The expansion would triple the capacity of the existing pipeline, which runs from near Edmonton to Burnaby, B.C., and increase tanker traffic seven-fold.Notley met with media outlets on Monday and Tuesday but did not have any public speaking engagements.B.C.’s Green party Leader Andrew Weaver has challenged Notley to publicly debate the expansion.She chuckled when asked about Weaver’s challenge.“I’m sure an Opposition member would love the platform of debating a premier from another province, but it’s not in my job description to engage with Opposition members who are in the midst of electioneering.”She said the meetings with journalists were “the easiest way to talk to the greatest number of people” in the brief time she had in B.C. But she said her work isn’t done promoting the project.Notley said she didn’t see any contradictions between her role as a New Democrat and her endorsement of an expansion of infrastructure to transport oil from Alberta’s oilsands.Fundamental NDP values support reducing climate change while also creating and protecting jobs, and the pipeline project strikes the right balance between the two, she said.“You can’t do a transition and throw people callously to the curb, and say, ‘Oh well, they’re the unintended consequences.’ That’s not a good way to move forward.”She said Canada must move toward a greener economy and Alberta’s Climate Leadership Plan is the “most ambitious” of any jurisdiction in the country, with a carbon pricing regime, a cap on oilsands emissions and a phase-out of coal.But she noted Canada’s exports are still 20 per cent oil and gas. Yet the country is discounting its product by only selling it south to the U.S., its biggest competitor, she said.“We can’t turn it off overnight. But as it is, as the market slowly decreases or the world looks for greener forms of fuel, we need to get the best price. We’re not doing that right now.”— Follow @ellekane on Twitter. by Laura Kane, The Canadian Press Posted Dec 7, 2016 7:01 am MDT Last Updated Dec 7, 2016 at 7:40 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

Afghanistan UN mission condemns Taliban attack at Kandahar Airport

A news release issued by the UN mission said that the complex attack, for which the Taliban claimed responsibility, continued with fighting for over 24 hours, during which time they intentionally targeted civilian areas of the base. Initial reports gathered by UNAMA indicate that Taliban fighters dismounted their vehicles in the bazaar and opened fire, killing and injuring civilian shopkeepers and customers and the fighting reportedly continued in the residential areas of the base accommodating the families of Afghan security forces and airport staff. The UN mission documented 54 deaths and 42 injured, according to its preliminary findings and those killed in the attack include 39 civilian males, of whom at least four were boys, 13 Afghan National Army and two Afghan National Police. UNAMA said that the majority of the deceased appeared to be civilian shopkeepers working at the bazaar and civilian customers; of the 42 injured, at least 23 are civilian, including a woman and a girl. The UN Mission expresses its sincere condolences to the families of the victims and wishes a speedy recovery to the injured. Further, UNAMA reiterated that international humanitarian law, which applies to all parties to the conflict in Afghanistan, including the Taliban, prohibits attacks against civilians at any time and in any place, which additionally includes families of Afghan security forces and other civilians not participating in the conduct of hostilities. Parties to the conflict must take all feasible precautions to protect the civilian population against the effects of attacks, UNAMA concluded. read more

Column JT Barretts best might not be enough versus Penn State

Senior quarterback J.T. Barrett (16) throws to sophomore wide receiver Binjimen Victor (9) during the Ohio State game against Maryland on Oct. 7 at Ohio Stadium. The Buckeyes beat Maryland 62-14. Credit: Sheridan Hendrix | Oller ReporterGames against Virginia Tech, Michigan State, Penn State, Clemson and Oklahoma are quarterback J.T. Barrett’s only blemishes on a historic career at Ohio State. But all of that won’t matter Saturday against the No. 2 Nittany Lions.This game largely defines Barrett’s career. A win and Ohio State remains in the playoff picture; a loss puts the Buckeyes out of the race.Barrett is arguably playing better than he ever has in an Ohio State uniform heading into possibly the biggest game of his career. However, even if Barrett performs at his best, that still might not be enough for a victory against Penn State, which would be the first loss in his career he has played well enough to win.When looking back at Barrett’s complex, yet fruitful, five-year journey at Ohio State his play in losses sticks out like a sore thumb. Inaccuracy and a stationary offense, coupled with a poor offensive line and lack of skill at wide receiver, catalyzed the distrust in the offense and the call for changes at the quarterback position and the coaching staff. In his losses, he simply has never been good enough to win the game.Here are Barrett’s passing numbers in losses:Virginia Tech in 2014 – 9-for-29, 219 yards, one touchdown, three interceptionsMichigan State in 2015 – 9-for-16, 46 yards, one touchdownPenn State in 2016 – 28-for-43, 245 yards, one touchdownClemson in 2016 – 19-for-33, 127 yards, two interceptionsOklahoma in 2017 – 19-of-35, 183 yards, one interceptionThose statistics speak for themselves, but Barrett can win big games. His best game of his career is arguably at Michigan State in 2014, which is a game that draws a lot of similarities to Saturday’s showdown against Penn State. Michigan State was the reigning Big Ten champion with playmakers at the quarterback, running back and wide receiver positions. Barrett threw for 300 yards and scored five total touchdowns on the biggest stage he had played to date. He won in 2016 at No. 8 Wisconsin, home against No. 3 Michigan and he can win Saturday. However, the defense is the outlier that can decide the game.Penn State’s offense is cooking just as Ohio State’s offense is at the moment. Coming into Columbus off a 42-13 beatdown of then-No. 19 Michigan is a loud statement proclaiming the Nittany Lions as the team to beat in the conference, which will only be validated with a win against the Buckeyes. Even if Barrett plays the best game of his career, is the defense good enough to stop the Nittany Lions?It’s difficult to ask any defense to slow down Penn State running back Saquon Barkley; just ask head coach Urban Meyer.“He’s the best all-purpose guy we’ve probably faced in probably, maybe my career,” he said.Even if that defense manages to slow Barkley, there’s quarterback Trace McSorley, tight end Mike Gesicki and wide receiver DaeSean Hamilton to contain. For an Ohio State defense that has surrendered 33 passing plays of 15-plus yards and 10 plays of 25-plus yards, that task is almost asking the unthinkable.Especially when considering Penn State had 11 plays of 15-plus yards and six plays of 25-plus yards against a Michigan defense that is ranked near the top of nearly every defensive metric.“Sometimes when you play an offense like this, you feel like you don’t have enough players to do it,” defensive coordinator Greg Schiano said. “That’s definitely the challenge.”Barrett will certainly have his work cut out for him as well. He will face a Penn State defense that ranks first in opponents’ scoring, ninth in total defense and has several future NFL players on its roster. Yet, as mentioned before, Barrett is at the top of his game right now and can give Ohio State the performance it needs to knock off the Nittany Lions.But will Barrett receive the needed help?When Barrett wasn’t great in games last season, the defense saved him and the offense. This time around, he must be great. He must make as many crucial plays as possible. Even then, it might not be enough to keep Penn State from appearing a second time on Barrett’s list of losses. read more

Foxconn begins replacing workers with robots

first_imgWhen your employees start inciting riots and sparking both international investigations and calls for new labor regulations, what should you do? If you happen to be overseas manufacturing giant Foxconn, you could try to replace those workers with high-tech robots. The latest buzz in the ongoing saga with the overseas manufacturing giant-cum-microstate is that it has begun ditching some of its human employees in exchange for tireless robotic counterparts.The company has reportedly received its first order of 10,000 robot units, or as they have come to be known, “Foxbots.” Each one costs between $20,000 and $25,000, roughly the combined annual salary of three Foxconn factory workers.The massive corporation has more than a million employees. Over the last two years, at least 16 have committed suicide on company property. And just a couple months ago, a massive 2000-employee riot forced the plant to temporarily shut down. Although Foxconn was founded in the 1970s, it was only within the last few years that it has started to gain massive international scrutiny.The decision to slash some of its human workforce was first announced last year. Foxconn told its workers about the impending move well ahead of time, telling them in a refreshing sense of transparency that it was looking to reduce costs and create efficiencies. At the time, the company said its plan was to install one million robots over the span of three years. 20,000 more are due by the end of 2012.Because of the increasing scrutiny on the company, it was forced to increase its worker salaries by 25% but remains under pressure to supply electronic components at rock-bottom prices. The massive investment in the robotic equipment will take a few years to pay off, but after that, if all goes well, it should be able to produce huge quantities at low prices without any human rights groups getting up in arms or workers facing unfair conditions.TechWeb (Chinese), via Singularity Hublast_img read more

Java malware sets its sights on your Minecraft passwords

first_imgThe fine folks at Intego have spotted one of the most vile pieces of Java malware ever discovered: an app that masquerades as a Minecraft hack tool that is actually designed to steal your precious login credentials.It’s pretty similar to the the fake Runescape gold cheat app that landed a Canadian youth in hot water with police last month. This time, however, the shifty bugger behind the malicious code has built it using Java — making it a cross-platform threat. Because Minecraft requires Java to run, there’s no question that the cheat tool will fire up on a victim’s computer, too.The tool baits users with buttons that claim to perform god-like actions on servers, from granting OP permissions to banning other users. In the background, however, the real action is taking place. The username and password for the account that last logged in are swiped and securely emailed to a Hotmail inbox.This piece of malware is quite a bit more sophisticated, too. It’s made of multiple Java applets that are hidden after being dropped onto a compromised system. The tool is also capable of updating and deleting its components (presumably after receiving remote commands), so additional malicious activities could be carried out down the road. That could mean everything from more widespread password stealing to browser hijacking.For the love of Steve, people, keep Minecraft pure. Keep playing honestly, and avoid the urge to exact vengeance upon your griefers by downloading anything that claims to give you godlike abilities on a server. You’re just asking for trouble.Consider this warning the “Ssssssss…” before the boom.last_img read more

Les algues vertes envahissent la mer Baltique

first_imgLes algues vertes envahissent la mer BaltiqueSi la Bretagne a été relativement épargnée cet été par le phénomène des algues vertes, ces dernières ont en revanche massivement investi la mer Baltique. Plusieurs plages allemandes ont ainsi dû être fermées. Un immense tapis d’algues vertes de plus de 380.000 km², soit plus que le territoire de l’Allemagne tout entier, recouvre actuellement la mer Baltique. Comme en Bretagne, ce phénomène est engendré par l’agriculture intensive et l’azote qu’elle produit, déversé dans l’eau. Sont venus s’ajouter un été très chaud dans les États du littoral et une absence de vent  chronique, entraînant la prolifération de ces algues qui dégagent un gaz toxique lorsqu’elles se décomposent. La mer Baltique n’étant reliée à la mer du Nord que par un très petit détroit, cette pollution stagne en surface et menace l’écosystème du littoral comme la santé de ses habitants. En février dernier, les dirigeants des pays du bassin de la Baltique se sont réunis à l’initiative de la Finlande pour établir un programme de lutte contre la pollution de cette mer. Le 11 octobre 2010 à 08:59 • Emmanuel Perrinlast_img read more

2011 FOLIO BtoB CEO Survey

first_imgMethodologyThe survey sample of 1,000 was selected by Folio: and Readex Research from domestic subscribers with executive management titles in b-to-b and consumer publishing. Data was collected via mail survey from January 14, 2011 to February 28, 2011. Results were filtered to include only those who say they are involved in b-to-b publishing. The margin of error based on those 217 respondents is plus or minus 6.2 percent at the 95 percent confidence level. CLICK HERE FOR A DOWNLOADABLE PDF OF THIS STORY From 2008 through 2010, many b-to-b publishers were holding on by their fingertips. While the same could be said for a disconcerting number of publishers in 2011, many organizations are anticipating growth and actually investing in areas that warrant it for the first time in years. Print remains the largest single revenue stream for most b-to-b publishers but continues to decline. In 2010, publishers generating more than $5 million in annual revenue saw an average of 48 percent of total revenue coming from print, compared to 57 percent for smaller publishers [Chart 1]. However, e-media was the fastest growing revenue stream last year (cited by 68 percent of larger publishers and 52 percent of smaller publishers). While the event industry was hammered almost as hard as print over the last few years (and event M&A dwindled to almost nothing in the media industry aside from UBM’s acquisition of Canon Communications for $287 million), larger publishers said that was their second-fastest growing revenue stream [Chart 2]. Most smaller publishers—many of which don’t have the resources or the audience to build large shows, said print was their second-fastest growing revenue stream last year. When it comes to mergers and acquisitions, 25 percent of larger publishers say they’re looking to buy another company, compared to 4 percent of smaller publishers. Just 5 percent of larger publishers expect to be sold, compared to 7 percent of smaller publishers. Larger publishers will see the lowest rise in operating expenses in circulation (followed by editorial), while smaller publishers will see the lowest increase in spending against distribution and production (2.9 percent for each). Seven percent of larger publishers invested $1 million or more in new technology last year (while the majority say they spent between $100,000 and $249,999. The majority of smaller publishers (39 percent) say they spent less than $10,000.   What’s Next Smaller and larger publishers have many of the same priorities in 2011. Revenue growth and increasing profitability are the top priorities for both larger and smaller b-to-b publishers in 2011 [Chart 14] as is increasing the Web business and delivering ROI for advertisers.Cutting costs remains a top priority for 10 percent of smaller publishers.center_img In 2011, 87 percent of larger b-to-b publishers and 78 percent of smaller b-to-b publishers say they expect an increase in overall revenue [Chart 3]. The majority of both larger and smaller publishers (51 percent and 30 percent respectively) say they expect a double-digit increase between 10 percent and 19 percent. No larger publishers and just 1 percent of smaller publishers say they expect overall revenue to decrease this year.Revenue Ratios Print will account for 46 percent of revenue for larger publishers and 54 percent of revenue for smaller publishers this year, while e-media will account for 22 percent for larger publishers and 14 percent for smaller publishers.When it comes to print, 60 percent of larger publishers say they expect increased revenue from new advertisers (versus 57 percent who anticipate more dollars from existing advertisers), while 62 percent of smaller publishers say they expect more dollars from new print advertisers and 46 percent expect more dollars from existing advertisers. Expectations for custom publishing and marketing services have jumped significantly. Forty-one percent of larger publishers expect more revenue from custom this year, compared to 25 percent of smaller publishers [Chart 5]. Meanwhile, 35 percent of larger publishers plan to launch an online startup while 20 percent expect to launch a new print magazine in 2011 (a fairly high number considering the shift away from print in recent years). Last year, just 12 percent of larger publishers said they expected to launch a new print product. “We’re being profitable by growing our smaller publications,” said one respondent.Meanwhile, 27 percent of smaller b-to-b publishers plan to launch an  online startup, while just 13 percent are planning a magazine startup. ProfitabilityProfits are a different story. While 28 percent of larger publishers say they had a profit margin between 15 percent and 19 percent in 2010 (and zero said they weren’t profitable), 57 percent of smaller publishers said their profit margin was between zero and 9 percent [Chart 6]. Events and e-media were the most profitable areas for larger publishers, while data and information sales was the most profitable area for smaller publishers [Chart 7]. Print was the least profitable area for both large and small b-to-b publishers (13.5 percent  and 10.5 percent, respectively). Operating Expenses and Technology InvestmentTech spending on e-media increased for both large and small b-to-b publishers and will again in 2011, according to respondents (larger publishers expect operating expenses to jump 6 percent in e-media, while smaller publishers expect a 5 percent increase). The majority of large publishers spent the bulk of their tech investment on the Web site while smaller publishers spent the most on computer hardware and software.last_img read more

Watch soap bubbles freeze up like natures snow globes

first_img Now playing: Watch this: Share your voice Tags What lies in an arctic lake beneath 3,500 feet of ice? 2 Porsche Taycan on ice in Sweden 2:11center_img Sci-Tech The magical sight of a soap bubble freezing is one few people have probably ever seen, save for chill-freaks who like to lather up in a walk-in freezer. But it turns out to be a little understood and beautiful bit of science.  In the above video, which has not been sped up, ice crystals grow and spread their way toward the top of the dome, creating a remarkable snow globe effect. This effect is caused by a phenomenon called a Marangoni flow, in which liquids move from areas of low surface tension toward areas with higher surface tension, according to new research published in this week’s edition of Nature Communications. This causes ice crystals to detach from the freezing front side of the bubble and move around like flakes in a snow globe. Eventually the crystals all grow together and the bubble completely freezes. But the researchers, led by Jonathan Boreyko of Virginia Tech, found that this only occurs when the bubble and its surroundings are at the same temperature. When a bubble on a freezing surface was placed in a room temperature environment, it only froze midway up. It stayed partially frozen for a while before deflating and collapsing. So if you really are interested in creating gorgeous soap bubble snow globes, science says you need to commit and do your work in the walk-in freezer after all. 42 Photos Commentslast_img read more

UAF Gets 4 Million For Veterinary Medicine Facility

first_imgThe University of Alaska Board of Regents agreed last week to fund a $4 million design project to re-purpose an already existing building on the UAF campus by September, 2015 when the first students begin studies in a new veterinary medicine program. But, the new program is on a list of recommended budget cuts.Last December, UAF signed an agreement with Colorado State University to establish a professional veterinary medicine program. Chancellor Brian Rogers says the industry calls for up to 20 new vets in Alaska each year, but that the new program will only train half as many.“We know for the last several years, when students came to us, interested in veterinarian medicine, our advice to them was to move out of state, establish residency in a state with a vet school, at least then you’ll have a one in ten chance of getting in,” Rogers said.The program is only partially funded by money from the state.  It was on list of high priority items the legislature signed off on in 2013.  But this year, it did not receive a second round of state funding.  Chancellor Rogers says he plans to ask again next year.“I don’t expect to get it, but we will internally reallocate in order to cover what the legislature didn’t fund,” he said.In May, UAF’s Planning and Budget Committee added the vet program to a list of possible budget reductions. According to the report, cutting the program could save up to $400,000, but the committee notes in the report that eliminating the program means UAF will lose tuition revenue. The report also says the program could make UAF more competitive. Chancellor Rogers told the Board of Regents the program has an instructional focus, but faculty at CSU and UAF are already cooperating on research.“CSU does some wonderful animal based research, much of which ends up in human health as well and the collaboration we’re already seeing, as their faculty get to know our faculty, we’re seeing opportunities for joint research proposals to NIH and our focus is on the instructional program and I didn’t expect to see the research benefits, but we’re already beginning to see them,” Rogers said.Veterinary medicine classes are slated to begin in the fall of 2015. The Planning and Budget Committee is currently taking feedback on the report outlining recommended funding reductions.last_img read more

MLA Dr Anand inaugurates memorial park

first_imgVikarabad: MLA Dr Anand inaugurated memorial park in Tharur mandal on Wednesday. He called upon people to avail the opportunity. He lauded forest department for providing opportunity for people to plant saplings in memory of their near and dear. District Joint Collector Aruna Kumari planted sapling in memory of her paternal uncle. Vijaya Lakshmi, ZPTC Sujatha, PACS Chairman Hanumanth Reddy, District Forest Officer Venu Madhav, Tahshildar Radhababu, MPDO Munaiah and others were present.last_img

Is Imtiaz Ali unhappy with Sara Ali Khan and Kartik Aaryans public

first_imgImtiaz Ali reportedly asked Sara Ali Khan and Kartik Aaryan to reduce public appearances together.Varinder Chawla/InstagramWhile rumours of Sara Ali Khan and Kartik Aaryan dating each other are ripe, the two stars have apparently been asked to cut down their public appearances together.It has been reported that Love Aaj Kal 2 director Imtiaz Ali has instructed Sara and Kartik to reduce their public appearances together as he feels the public will otherwise lose interest in their chemistry by the time of the release of their film.”Kartik and Sara had been making too many appearances together in public. They have also been making a lot of headlines. It will then take away the charm of the film too soon if the media stops asking them fun questions about each other. Hence Imtiaz Ali has told them to try and keep the exclusivity towards the film’s release as it will help the film,” The Asian Age quoted a source as saying.Sara and Kartik are often spotted together in public, sparking rumours of something romantic brewing between them. Moreover, the two never hesitate to express their fondness for each other.However, Kartik lately is being linked up with Ananya Panday as well. She too recently expressed her liking for the young actor, which made many believe that Kartik and Ananya are secret lovers. Nonetheless, everything is just rumours until the concerned stars chose to confirm.last_img read more

HDFC sells Rs 869 crore Unitech loan to asset reconstruction firm

first_imgPrivate sector housing finance firm HDFC has sold realty firm Unitech’s outstanding loan amount of Rs 869 crore to JM Financial Asset Reconstruction Company (JMARC) due to default in repayment by the company.HDFC in a filing to BSE on Friday said, “In the recent past, the Unitech Group has faced sluggishness in the sale of apartments in its projects. This has affected the cashflows of the group, which is in turn has had an adverse impact on the progress of construction and has resulted in irregular servicing of the loans. HDFC has assigned the outstanding loans in these projects to JMFARC .”The housing finance firm, which has funded Unitech’s project in various locations, also said all these projects are financially viable but require additional funding.According to the filing, the ARC has paid HDFC Rs 155 crore upfront and has issued security receipts (SRs) of Rs 705 crore redeemable over the period of construction against the total dues of Rs 869 crore. The housing finance firm also said the assets which were standard by September end had turned into NPA (non-performing assets) only at the end of October 2016.In view of irregular payment history, HDFC has made provisions of Rs 240 crore in respect of these accounts. “No further provisioning is required as a result of the sale of the loans to ARC,” it added. When loans disbursed by a bank turn bad due to non-payment, banks usually resort to selling these accounts to asset reconstruction companies, which, in turn, purchase the loan amount in less than the actual value from the bank and take over the responsibility of recovering the loan from the client. This way the liability from bank’s balance sheet is reduced.last_img read more

Microsoft confirms layoffs job cuts likely to impact about 3000 employees

first_imgAfter all the reports and rumours that have been doing the rounds in the last few days, American multinational technology company Microsoft has finally confirmed that it is set for a corporate rejig, which will witness about 3,000 jobs being cut.The Redmond-based firm began sending out layoff notices on Thursday but declined to reveal the exact details of the move. Most of the job cuts are likely to affect the firm’s sales and marketing staff based out of the US.”Microsoft is implementing changes to better serve our customers and partners,” a Microsoft spokesperson wrote in a statement, according to Tech Crunch. “Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated. Like all companies, we evaluate our business on a regular basis. This can result in increased investment in some places and, from time-to-time, re-deployment in others.”It had earlier been said that the layoff process was likely to begin on Thursday, July 6, and numerous Microsoft employees are said to have discussed this on anonymous chat app Blind.Conference rooms had reportedly been booked and numerous employees were asked to meet their managers for about 15-minute discussions, reported Business Insider. Many employees believed that they will not be laid off but will instead be asked to move to another department.The exact intention behind the rejig is yet to be known, but GeekWire is said to have got hold of a document, which it indicated were excerpts from the Microsoft memo, and it says that this is a part of the company’s plans to help its customers with “digital transformations.” The Microsoft logo is shown on the Microsoft Theatre at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017.ReutersMany reports have also said that Microsoft now intends to focus on cloud-services product, Azure, whose sales grew 93% in the last quarter. “While Amazon has become a bigger competitor in the space, Microsoft’s restructuring is to pivot to software as a service, platform as a service and infrastructure,” a CNBC report said. IT majors to lay off at least 56,000 employees this year Closecenter_img IBTimes VideoRelated VideosMore videos Play VideoPlayMute0:00/0:00Loaded: 0%0:00Progress: 0%Stream TypeLIVE0:00?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio TrackFullscreenThis is a modal window.The media could not be loaded, either because the server or network failed or because the format is not supported.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading …last_img read more

Two killed in Gazipur road crash

first_imgRoad AccidentTwo people were killed and two others injured when a truck hit a human hauler on Dhaka-Mymensingh highway at Rangila Bazar in Sreepur upazila of Gazipur early Thursday.The identities of the deceased could not be known as yet.The accident took place around 1:30am when a Mawna-bound truck hit the onion-laden human hauler, leaving a passenger of the human hauler dead on the spot and three others injured, said Delwar Hossain, officer-in-charge of Sreepur police station.The injured were taken to Sreepur upazila health complex where doctors declared another passenger dead.last_img read more

GM Quader new chairman of Jatiya Party

first_imgGM Quader. File PhotoJatiya Party (JaPa) on Thursday announced Golam Muhammad (GM) Quader as the chairman of the party.The party made the decision as its founding chairman Hussain Muhammad Ershad, also elder brother of GM Quader, died at the Combined Medical Hospital, Dhaka on 14 July.After the announcement made from the party chairman’s office in city’s Banani, GM Quader said, “There’s no conflict in the Jatiya Party. The party is united.”The party said GM Quader was made chairman unanimously.The new chairman of JaPa also thanked Awami League president and prime minister Sheikh Hasina for inquiring about the health of Ershad at the hospital.He also thanked the physicians of CMH and the people of various walks of life for their condolences to the bereaved family members.Also former president of Bangladesh, the military ruler Ershad made his younger brother GM Quader party’s acting chairman on 4 May.A number of senior leaders of the party were not so happy with the decision. They, however, did not enter into any conflict over the matter then.Responding to questions about the next leader of the opposition in parliament, GM Quader said, the decision would be taken by the party’s parliamentary committee.last_img read more

Marvel Comics Promises Fresh Start With LineWide Relaunch This May

first_img This Spring, Marvel Comics will initiate a line-wide relaunch. Readers can expect new series, new creative teams, new directions, and new beginnings, according to a video released today on Marvel Entertainment’s YouTube channel.“Not since Marvel Now have we had such an overarching line-wide change of talent on Marvel Comics’ line,” said editor-in-chief C.B Cebulski in the latest video. According to chief creative officer, Joe Quesada, the upcoming books are not only bringing “fresh new ideas,” but are also perfect entry points for both old and new readers. “If you haven’t read a comic before, if you’re an old lapsed fan and you want to come back, it’s a perfect opportunity to do it.”A great example of Marvel Comics’ promise to both change and return to basics is with the upcoming Avengers book. Instead of multiple titles, there will now be a single Avengers book on store shelves. The title, written by Jason Aaron and illustrated by Ed McGuinness, will feature the “Big Three”: Captain America, Iron Man, and Thor, along with a rotating roster of heroes. Like his run on Thor, Aaron’s Avengers will have stories taking place in the present and past. Specifically, the portions set in the past will focus on the Avengers of 1,000,000 B.C. introduced in Marvel Legacy #1.Since this is a fresh start for the company, Marvel plans to revert many of its books to #1. Some titles will retain their legacy numbering, but for the most part, expect a new crop of first issues. This is in line with the company’s goal of making the books accessible to all.Though Marvel Comics sold more books than any other publisher in 2017, the industry as a whole suffered a 10% drop in revenue during the year. Hopefully, this new initiative will not only help Marvel Comics, but the overall comic book industry. Marvel promises updates in the coming weeks, so stay tuned for more news.Let us know what you like about Geek by taking our survey. Stay on target Stan Lee May Have New York City Street Named After Him11 ‘X-Men’ Storylines That Would Make Great Movies last_img read more