Employment News Paper 21 July 2013

Employment News Paper 21 July 2013

Cyprus will introduce a tax amnesty to lure back funds concealed from authorities abroad, but only for individuals making long-term investments or buying government bonds, authorities---

Under terms of legislation to be drafted for approval, individuals who repatriate cash for investments, government bond purchases or long-term bank deposits, or to repay debts, will be exempted from income tax.

Cyprus required a 10 billion euro bailout from international lenders in March to prop up a banking sector crippled by losses from lending to Greece and to plug big fiscal deficits.

Sports Min recommends Dhyan Chand for Bharat Ratna

Sports Ministry has recommended hockey legend Major Dhyan Chand's name for India's highest civillian honour -- the Bharat Ratna.

The letter recommending Bharat Ratna for Dhyan Chand has already been sent to the Prime Minister," Sports Secretary P K Deb said in New Delhi on Friday.

The recommendation, sent to Prime Minister Manmohan Singh, will be studied further before it goes for approval of President Pranab Mukherjee, for the hockey wizard to get the award posthumously.

The government in 2011 had ignored the plea of 82 Members of Parliament, who recommended Dhyan Chand's name for Bharat Ratna but in January 2012, the Ministry itself forwarded his name along with Olympic gold medallist shooter Abhinav Bindra and mountaineer Tenzing Norgay for the award.

Dhyan Chand won three gold medals at the Olympics -- 1928 in Amsterdam, 1932 in Los Angeles and 1936 in Berlin. He passed away in 1979.

Seven IITs IITs are Delhi, Madras, Kharagpur, Kanpur, Roorkee, Bombay, and Guwahati., Infosys, TCS Cognizant and industry lobby Nasscom are coming together to launch a bunch of free, online courses that could potentially help 150,000 people a year get high-quality education and make them job-ready.

The courses will be offered using the model of massive open online courses (MOOCs), which is globally creating an upheaval in the world of higher education. 

The first three courses in computer science are expected to roll out this October. 

People who take the courses will be eligible to write proctored exams for a minimal fee and get certificates. For the computer science courses, IIT will give certification. 

For the foundation courses, industry will give certificates. It could also be a joint certification with IITs.

MOOCs make high-quality education from top universities accessible to anyone, anywhere in the world, online and for free.

Indian Government make Marriage laws to be more favourable for women

Gov make Marriage laws to be more favourable for women now – Marriage laws will now become more women-friendly with the government approving a slew of recommendations by a Group of Ministers (GoM), including providing for sufficient compensation to a woman from her husband’s ancestral property in case of divorce.

The Cabinet approved the recommendations of the GoM on Marriage Laws Amendment Bill.

One of the key issues the GoM was asked to decide was whether a court can work out “sufficient compensation” for a woman from her husband’s ancestral property in case of divorce which takes place on the grounds of “irretrievable breakdown of marriage.

The GoM, set up recently to decide on the Marriage Laws (Amendment) Bill, was also asked to take a view on whether a judge can exercise discretion in granting divorce if one of the partners does not move a second ‘joint application’ for divorce with mutual consent.

While the bill has a provision for share in a husband’s self-acquired property, a new clause – 13 f – was discussed by the GoM headed by Defence Minister A K Antony.

It says if the ancestral property cannot be be divided, then the woman should get sufficient compensation by calculating husband’s share in it. The amount of the compensation can be worked out by the court hearing the divorce case.

China launches experimental satellites

China successfully launched three satellites for scientific experiments, authorities said.

The Chuangxin-3

Shiyan-7

Shijian-15 satellites 

were boosted by a Long March-4C carrier rocket, according to the Taiyuan Satellite Launch Center in north China's Shanxi province.

The three satellites will be used mainly for conducting scientific experiments on space maintenance technologies.

New CPRO for Southern Railway

Shri D. Lakshmanan, has assumed charge as Chief Public Relations Officer of Southern Railway o­n 15.7.2013. He belongs to the Indian Railways Traffic Service (IRTS).

Prior to the present assignment he was Senior Divisional Commercial Manager in Salem Division, Southern Railway.

Sammy named BMW brand ambassador for German automobile giant BMW

West Indies Test and Twenty20 captain Darren Sammy has etched his name in the history books by becoming the first Caribbean sports personality to be named brand ambassador for German automobile giant BMW

In accepting the role, the Windies skipper was presented with a BMW sports convertible from St. Lucian BMW representatives Ultimate Automobiles Friday.

Darren Sammy is the first West Indian to ever be appointed on behalf of the BMW Group as a brand ambassador outside Germany.

ambassador for German automobile giant BMW golfers Bernhard Langer and Martin Kaymar and Rugby's Alex Cordisio have been endorsed as brand ambassadors for BMW.