Employment News Paper 10 July 2013

Employment News Paper 10 July 2013

Auxus Nuclea N1. SMART PHONE iBerry

Hong Kong-based electronics manufacturer iBerry, better known for its tablet computers, Tuesday announced the launch of its first smartphone in the Indian market, at an introductory price of Rs. 16,104 ($264). 

Auxus Nuclea N1, as this smartphone is being called, will have this

introductory offer over a 10-day pre-booking period beginning July 13 following which it will be priced at Rs.18,000, the company said in a statement.

SPECIFICATIONS--

5-inch smartphone uses what is called a one-glass solution for slim and sleek look with features such as gesture control, voice unlock and magnetic sensors. 

It has a 13-mega pixel rear-facing camera with auto-focus and li-ion battery of 2800 mAh.

"Typically, Auxus Nuclea N1 comes bundled with four colour variants in the box, which means users can choose the colour panel they want to use on a given day on the basis of the occasion and costume.

For those familiar with technical specifications, it has a MT6589T Quad core Turbo 1.5 GHz processor with Full HD 1080p resolution of display and PowerVR SGX 544MP GPU clocked at 357MHz for tremendous gaming experience.

नौकरी तलाश रहे लोगों के लिए एक अच्छी खबर है। राजस्थान में पंचायती राज विभाग के तहत जल्द ही 50 हजार शिक्षकों की भर्ती की जाएगी।

ग्रामीण विकास एवं पंचायती राज मंत्री महेन्द्रजीत सिंह मालवीय ने कहा कि इनमें 13 हजार शिक्षकों को जनजातीय उपयोजना, टीएसपी क्षेत्र में नियुक्ति दी जाएगी।

मालवीय ने सरकार की उपलब्धियां गिनाते हुए कहा कि सरकार ने प्रदेश के विकास में कोई कोर कसर नहीं छोडी है। उन्होंने कहा कि राज्य सरकार की सफल योजनाओं के संचालित होने पर प्रदेश पूरे देश का मॉडल राज्य बन गया है।

RBI, SEBI step in to curb speculation

the Reserve Bank of India (RBI) banned banks from doing any proprietary trading in the currency futures and exchange-traded currency options market. 

This effectively restricts them to transact only on behalf of clients. 

In a parallel action, the Securities and Exchange Board of India (SEBI), too, stepped in to tighten the exposure norms for currency derivatives.

The combined regulatory action helped the rupee open at 59.70 to a dollar, considerably higher than Monday’s close. 

Though it fell during the day to 60.48, the rupee rebounded to close at 60.14 a dollar, gaining 47 paise from Monday’s close.

KKR raises $6 billion in new Asia fund, region's largest

KKR & Co raised $6 billion for its third Asia private equity fund, equipping the firm with the largest such fund in the region at a time when market turmoil is creating both opportunities and challenges for foreign investors. 

The Asian II Fund follows the $4 billion Asia fund it raised in 2007 and a $1 billion China Growth Fund in 2010, KKR said in a statement. 

The New York firm has invested more than $5 billion in Asia since 2005.

KKR is competing with several other major firms in Asia for investor money, including TPG Capital, Carlyle Group  and Affinity Equity Partners, which are also raising money to invest in the region.

For KKR, founded by cousins Henry Kravis and George Roberts, the core group of managers it brought out to run the Asia operation in 2007 has stayed in place, with Joe Bae remaining at the helm. KKR has invested in businesses across China, Singapore and South Korea since it started its first Asia office in Hong Kong in 2007.

UBS once again the world's largest private bank as assets surge

UBS  won back the title of largest private bank in the world as inflows of fresh client funds surged last year, indicating restored confidence following the financial crisis, according to a study.

The Swiss bank displaced Bank of America Corp  from the top spot in an annual benchmark compiled by London-based wealth management consultant Scorpio Partnership. 

It edged out the U.S. bank with 9.7 percent growth in overall assets to $1.705 trillion, compared with 5.9 percent at Bank of America.

U.S. banks Wells Fargo  and Morgan Stanley  as well as Switzerland's Credit Suisse  round out the top five in the Scorpio benchmark.

Caine Prize awarded to "Miracle" author Tope Folarin

The 2013 Caine Prize for African Writing has been awarded to Nigerian author Tope Folarin for Texan short story "Miracle," an extract from forthcoming novel "The Proximity of Distance.

Dr. Gus Casely-Hayford, an art historian, broadcaster and academic associated with the Tate Britain

Folarin, who serves the Hurston/Wright educational foundation as a board member, represented Nigeria, -- though he was born and raised in the USA, where he lives and works -- a first for the Caine Prize, which is open to those who were born in Africa, are African nationals, or whose parents are African.

Besides receiving a £10,000 award, he is invited to become a Writer-in-Residence at Georgetown University, in his current hometown of Washington DC, and given an opportunity to particiapte in Cape Town's Open Book Festival which runs September 7-11.

The Caine Prize was established in 2000 and is named after its creator, Michael Harris Caine, co-founder of the Man Booker Prize.