Friday, January 7, 2011

Army fully cooperating in Adarsh scam: General VK Singh

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ARMY CHIEF General VK Singh on Thursday said the army is fully cooperating with the Central Bureau of Investigation (CBI) probe into the Adarsh Housing Society scam in Mumbai.

 

General Singh said the army was rendering all support in the investigation into the Adarsh scam.

 

"Whatever the CBI has done I am not aware of it, but whenever they want somebody we are giving them full support, whatever they want," General Singh told reporters on the sidelines of a book release function here.

 

General Singh further said the Indian Army is ready to clarify its stand on certain procedural irregularities

Thursday, January 6, 2011

LinkedIn plans to go public in 2011

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LINKEDIN, THE social networking site for professionals, plans to go public in 2011 and has selected its financial underwriters, three sources familiar with the process told Reuters.


Morgan Stanley, Bank of America and JP Morgan are among the book runners, these sources said. Bankers made their pitches to the privately-held company in November, one of the sources said.


"An IPO is just one of many tactics that we could consider," a spokesman for LinkedIn said on Wednesday. He declined further comment.


Internet companies such as LinkedIn and Zynga, a popular maker of online social games, are considering offerings well ahead of a potential IPO of Facebook, two sources said.


"Some of

Wednesday, January 5, 2011

An NGO for economics enthusiasts

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"ECONOMICS IS one subject which needs to be taught and learnt beyond the four walls of the classroom,” believes G. Shashi Panikar, the president of The Economics Club, an NGO that provides a free interactive forum for Economics teachers, students and budding economists in Mumbai. With a mission "To Create Leaders in Economics", the club strives to provide opportunities to the less privileged youth by providing free career guidance mainly in Economics and Finance.


As a part of their free workshops for college and school teachers, the NGO emphasises on the use of technology in teaching and learning, budget related issues,

Tuesday, January 4, 2011

Kings XI Punjab and Rajasthan Royals deposit bank guarantee

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AFTER THE face-off with the Board of Control for Cricket in India (BCCI), the two ousted IPL franchises, Kings XI Punjab and Rajasthan Royals filed two separate affidavits with the Bombay High Court, which stated that they had complied with the stipulations and also furnished bank guarantees as per the legal requirements.

Previously, the High Court had stayed the termination of the two teams by the BCCI.

The court had asked the two teams to deposit bank guarantees to BCCI in order to make up for the losses that the Board and its players might possibly face if in case the arbitrator's award goes

Monday, January 3, 2011

India's future defender: Micro Aerial Vehicles

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INDIAN SCIENTISTS in Bengaluru are working on a unique technology of Micro Craft, which will be mounted on Micro Aerial Vehicles (MAVs). This technology will be able to help civic agencies in emergencies like Carlton Tower episode. It will also help armed forces to counter the threat posed by terrorists armed with chemical weapons.

 

The MAVs are able to reach the unapproachable areas, detect the cause of the accident, capture and send images, thus helping in rescue operations. India's civic agencies lack the technology to do so in disaster management.

Sunday, January 2, 2011

Antony to lay foundation stone of NIRDESH

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TO ENHANCE self reliance in warship production capabilities of India, Defence Minister AK Antony will lay the foundation stone of the National Institute for Research and Development in Defence Shipbuilding (NIRDESH) on Tuesday in Calicut.

 

 

NIRDESH would concentrate on enhancing self-reliance in production capabilities relating to all kinds of warships, submarines and other related platforms required by the Indian Navy and Coast Guard to safeguard our long coastline and protect maritime interests of India.

 

The Government of Kerala has agreed to provide more than 40 acres of land with requisite sea front for this prestigious institute.

Saturday, January 1, 2011

Facebook most visited website in US, Lady Gaga top searched music personality

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WORLD'S LARGEST social networking site, Facebook became the most visited website in the United States in 2010. According to the report from Experian Hitwise, for the first time Facebook dethroned Google as the most visited website in the country. In 2009, Facebook was in the third place behind Google and Yahoo Mail.

During the period of January to November, Facebook accounted for 8.93 percent of total U.S. visits whereas, Google accounted for 7.19 percent visits. Yahoo Mail, Yahoo, and the world's largest video platform YouTube emerged as the third, fourth and fifth most visited websites in the United States. MSN,