Employment News 24 August 2013

Employment News 24 August 2013 , Gk ,Gs , Ga , Current News On Bamura.com

The Patna high court  directed Bihar Staff Selection Commission (BSSC) to revise and publish afresh the results for recruiting 3,200 secretariat assistants (Grade III) within three months and complete the recruitment process in the next three months.

The BSSC had conducted the preliminary test (PT) on December 18, 2011 in which around 25,000 candidates had appeared and the results were published on April 12 last year. Over 16,000 candidates were declared successful.

UN finds Australia guilty of human rights violations

A United Nations committee has found Australia guilty of nearly 150 violations of international law for indefinite detention of 46 refugees.

Australian government has been ordered to release the refugees, in detention for over four years, "under individually appropriate conditions" and provide them with rehabilitation and compensation, the report said.

The federal government has been given 180 days to assure the UN committee that it has acted on the recommendation and also taken steps to prevent "similar violations in future".

The UN's Human Rights Committee concluded that the continued detention of the asylum seekers, most of them Sri Lankan Tamils, was "cumulatively inflicting serious psychological harm" and was in breach of the International Covenant on Civil and Political Rights.

It is a major embarrassment for Australia, which is a member of the Security Council and often criticises human rights in other countries.

ICC fines Lehmann for inappropriate words

Australia coach Darren Lehmann has been fined 20 per cent of his match fee after pleading guilty to a charge of publicly criticising and making inappropriate comments about England player Stuart Broad in relation to an incident that occurred in a match.

Lehmann was found to have breached Article 2.1.7 of the ICC Code of Conduct for Players and Player Support Personnel, which relates to public criticism of, or inappropriate comment in relation to an incident occurring in an international match or any player, player support personnel, match official or team participating in any international match.

ICC Chief Executive David Richardson Whilst said --noting the context and nature of the comments made, showing mutual respect for one’s fellow professionals — including for coaches, players and match officials — is a cornerstone of how we play the game

Vodafone India launches mobile money transfer with ICICI Bank

Vodafone India, along with ICICI Bank, Wednesday launched its mobile money transfer and payment service 'M-Pesa' here. It plans to roll out this service in Mumbai and Lucknow in the next couple of days.

This service helps the unbanked and under-banked sections of the population gain access to financial services through the mobile phone.

Today, less than 5 percent of villages in India have a banking outlet. Financial inclusion is a national priority and we believe that with ‘M-Pesa’, we now have the ideal offering to facilitate the same across the country in compliance with all applicable regulations,” Suresh Sethi, Business Head - M-Pesa, Vodafone India said.

This service will now be available through 1,400 specially trained authorized agents and across 130 Vodafone exclusive retail stores in Delhi and NCR region.

The service enables customers to transfer money to any mobile phone, remit money to a bank account, make payments for utility bills and deposit and withdraw cash from designated outlets by registering themselves for the service

Microsoft head Steve Ballmer to quit

Microsoft announced on Friday that chief executive Steve Ballmer planned to give up his post within the next 12 months, driving shares of the software giant up 8 per cent in pre-market trading.

Mr. Ballmer said in a statement--My original thoughts on timing would have had my retirement happen in the middle of our company’s transformation to a devices and services company.

 We need a CEO who will be here longer term for this new direction.” The 57-year-old has been with Microsoft since 1980, when he was the first business manager of the then-five-year-old company.

Microsoft pioneered tablet computing a decade ago, but its tablet-friendly Windows 8 operating system, released last year, has been seen as a disappointment that confused many users.

Microsoft Windows 8-based tablet computers have around 4 per cent of the market, compared to 62 per cent for Google’s Android operating system and 32 per cent for Apple’s iOS.

 Indians are third largest immigrant group in US: Report

The share of Indian immigrants among all foreign born in the US has grown to almost 5 percent of the country's 40.4 million immigrants in 2011, noted an article published in the Migration Policy Institute's online journal, the Migration Information Source.

Indian population has grown to over 150 times its size since 1960, when the slightly more than 12,000 Indian immigrants represented less than 0.5 percent of the total immigrant population of 9.7 million immigrants.

Indians' share of Asian immigrants in the United States has been increasing steadily since 1960, making it the third-largest sending country overall and the second-largest Asian sending country after China.

The top three occupations that employed Indian-born men ages 16 and older were information technology (29 percent of all 717,000 Indian male workers); management, business, and finance (21 percent); and sales (11 percent.

China Mobile Ltd has awarded initial 4G contracts worth around 20 billion yuan ($3.2 billion), with Chinese firms securing more than half of the biggest prize in the global telecoms industry this year-----        

Telecoms equipment makers, such as global leader Ericsson and Huawei Technologies Co Ltd, have been waiting for China Mobile's 4G tender to lift the fortunes of an industry that has been hit by a lack of spending worldwide.

Shenzhen-based Huawei and crosstown rival ZTE have obtained about 25 percent each of the total 4G procurement in China Mobile's tender this year, said the sources, who are familiar with the negotiations but declined to be identified because they are not authorized to speak to the media.

So far, China Mobile has only spent around a third of its full-year capital expenditure of 190.2 billion yuan in the first half, with the market expecting spending to speed up once the tender takes place.

ZTE, which is listed in Hong Kong and Shenzhen, is expected to post a third quarterly profit for the July-September period due to cost-cutting measures and as it shunned low-margin contracts that resulted in its first-ever annual loss last year.

Cabinet gives nod to Judicial Appointments Commission

The Cabinet on Thursday approved the bill which entails replacing the collegium system with a Judicial Appointments Commission wherein it will have a say in appointment of judges of the Supreme Court and the 24 high courts.

Under the proposal, the government seeks to set up a panel headed by the Chief Justice of India (CJI) to appoint and transfer senior judges.

The other members of the proposed Commission would be two judges of the Supreme Court, the Law Minister, two eminent persons as members and Secretary (Justice) in the Law Ministry as Member Secretary.

The Law Ministry has been pushing the proposal, which will require a Constitutional amendment, but some sections in the government as well as judiciary had reservations over its certain provisions.

However, the Leader of the Opposition of either House of Parliament will be part of a committee to be set up to nominate two eminent persons to the JAC. The committee will also have the CJI and the Prime Minister as other members.

HDFC Bank launches 11 mini branches in rural areas of Andhra Pradesh

HDFC Bank  announced the launch of 11 mini branches in rural across Andhra Pradesh.

HDFC Bank has a board mandated objective to bring 10 million families (40 million Indians) within the banking fold.

With these launches, the bank now has 25 two-person branches in the state. 

This takes the total number of branches in Andhra Pradesh to 228.

Madhusudan Hegde, branch banking head, HDFC Bank, said the growth of the bank network in Andhra Pradesh reiterates its commitment to support inclusive growth and take banking services to every part of India.

India gets Boeing C-17 Globemaster III military transport heavy-lifter

The plane which departed for India on August 20 from Boeing's Long Beach, California, facility joins the first and second India C-17 airlifters, which arrived in June and July, respectively.

Boeing is on track to deliver two more C-17s to the IAF this year and five in 2014. Once India receives its full complement of ten aircraft, it will be the largest C-17 operator outside the US.

In operation since 1991, the C-17 has been used in humanitarian and military missions around the world and recently surpassed 2.6 million flight hours. It can carry a cargo of wheeled US Army vehicles in two side-by-side rows, including the US Army's main battle tank, the M-1.

Bajaj Corp acquires 'Nomarks' brand from Ozone Ayurvedics

Bajaj Corp Ltd  announced acquisition of Ozone Ayurvedics' 'Nomarks' brands

Bajaj Corp Ltd Chairman Kushagra Nayan Bajaj said: 

The acquisition of 'Nomarks' brand is a strategic move as it enhances our presence in the personal care market and gives us an entry to the skin care category.

Bajaj has acquired the entire intangible assets of 'Nomarks' including trademarks. 'Nomarks'' product range includes face wash, facial cream, facial scrub and lotion.

On the deal, Ozone Ayurvedics Sole Proprietor S C Sehgal said: "Ozone Ayurvedics has taken a strategic decision to transfer the 'Nomarks' brand to Bajaj Corp. 

Ozone will continue to focus upon its mother businesses under the Ozone equity.

'Nomarks' has more than 12 per cent market share in the Rs 342 crore anti marks category.

This is the fist acquisition by Bajaj Corp.

Kudankulam to start generating 1,000 MW of power by October end

The project, dogged by delays since December last following protests by locals over safety concerns, was given the go-ahead by the Supreme Court on May 6.

While 400 MW production will be coming, by end of October we will achieve 1000 MW

The Minister also stated that work on the country's first fast breeder reactor at Kalpakam was 97 percent complete and the work could be complete by early 2014.

Holding that India's nuclear power programme is "unassailable", the Minister of State in the Prime Minister's Office said a "misinformation" campaign was launched by several NGOs in the area about the safety of the plant.

Speaking on the occasion, Secretary Department of Atomic Energy R K Sinha said both countries need to "converge" on certain issues such as pricing issue where energy cost is one of the fundamental things and the other one being applicability of Indian laws particularly Civil Nuclear Liability Act which is in place. 

Nishi Vasudeva selected to head Hindustan Petroleum Corp Ltd

Nishi Vasudeva, 57, is currently Director (Marketing) in HPCL and will take over as the Chairman and Managing Director of the company when incumbent Subir Roy Choudhury retires.

Public Enterprise Selection Board (PESB) selected her after interviewing seven shortlisted candidates including P K Joshi, Director (Human Resources), HPCL.

She had created history in July 2007 when she became the first women ever to make to a the board of cash-rich oil PSU. And after today's selection, she will be the first women to head a Navaratna public sector unit.

An IIM-Kolkata passout, Vasudeva was previously Executive Director (Marketing-Coordination) in HPCL before she came to the board of India's third biggest oil PSU.

she has a wide experience spanning over 36 years in various streams like marketing, corporate, strategy and planning and information system.

She served as Executive Director of LPG at HPCL and was also Chairperson of Bhagyanagar Gas Ltd.