Employment News 23 October 2013
Facebook lifts ban on graphic content on site
Facebook has reportedly lifted the temporary ban on graphic content and resumed allowing users to post violent content on the site.
The social media giant defending the move said that gory photos and videos are permitted on the site as long as the content was posted in a manner intended for its users to 'condemn' the acts rather than celebrate them.
The company further said in a statement that people share experiences on the site, particularly when they're connected to controversial events and share its videos to condemn them, stuff.co.nz reports.
Recently, Facebook drew a lot of criticism when it allowed a video showing a masked man killing a woman in Mexico and the company was then compelled to place a temporary ban on content with graphic violence.
Bangalore ranked India’s top business destination
Bangalore, known as India’s silicon city, has been ranked as the country’s top business destination, followed by Chennai, Mumbai and Pune in terms of infrastructure, human capital, city culture and basic quality of living, says a survey.
While Delhi does not figure on this list, Noida and Gurgaon from the National Capital Region have been ranked 17th and 19th respectively.
The survey, conducted by Global Initiative for Restructuring Environment and Management (GIREM) and real estate consultancy firm DTZ, also found that smaller cities like Indore (5th), Bhubaneswar (6th) and Coimbatore (7th) are competing with top metros in the race to be ideal business destinations.
The list includes a total of 21 top business destination in the country.
Ahmedabad has been ranked 8th, followed by Nagpur at 9th and Kochi at the 10th place.
The ranking provides companies across industries and sectors with insights for future investment opportunities,” Prasad added.
The ranking rated the cities based on factors such as human capital, energy, water, transport, housing, healthcare, climate, office space availability and city culture, which constitute the basic eco-socio-economic parameters critical in determining the growth of the city.
Yahoo beats Google in web traffic in US again
More Americans visited Yahoo's websites than Google's, according to comScore's internet traffic data for September.
The research firm said Yahoo's websites had 197.8 million unique US visitors last month, while Google's had 191.4 million. Yahoo was ahead of Google in July and August.
The last time that Yahoo was ahead of Google before that was in May 2011.
Research firm eMarketer estimates that Google will generate $38.83 billion in worldwide digital ad revenue this year, more than any other company.
Facebook is at No. 2 with an estimated $5.89 billion, while Yahoo is No. 3 with $3.63 billion expected.
Tata Steel won a New Contract to Supply Britain's Network Rail
Tata Steel on 21 October 2013 won a new contract to supply Britain's Network Rail with more than 95 percent of its rails for at least five years.
It could supply more than 1 million tonnes of rail under the contract. The company's Scunthorpe plant is the present supplier to Network Rail.
It produces steel for construction and infrastructure. The plant's future would have been affected had the contract not been renewed.
The Tata Steel Group, with a turnover of 24.82 billion US dollars in Financial Year 2012- 2013, has over 81000 employees across five continents and is a Fortune 500 company.
Life insurance policy for HIV/AIDS patients
The insurance regulator has issued draft guidelines seeking views and comments from insurers on issuing life cover policies to persons with HIV/AIDS.
Insurance Regulatory and Development Authority ( IRDA) on policies for people with HIV/AIDS, issued this month, may come into effect from April 2014. Insurers are expected to put in place a board-approved underwriting manual, claims manual, proposal form and other necessary systems before this date.
Health cover for people suffering from HIV/AIDS already exists. With advances in medical treatment, insurers are able to put in place cost structures. Some standalone health insurance providers like Star Health & Allied Insurance offer such insurance.
We offer group covers to NGOs for their members. Our policy prescribes the entry parameters," V Jagannathan, chairman, Star Health said.
Insurers say claims management and profitability will be key concerns when life insurance is offered to those with AIDS.
There would be additional costs. "In terms of product pricing, insurers mostly rely on past claims experience. Since this would be a new product altogether, the pricing could be at both ends of the spectrum.
Companies like Max and HDFC have already started talks with global reinsurers to participate in this scheme.
2nd India-Philippines Joint Commission on Bilateral Cooperation Held at Manila
The 2nd meeting of the India- Philippines joint commission on bilateral cooperation was held on 21 October 2013 in Manila.
The meeting was co-chaired by the Albert F. Del Rosario, Secretary of Foreign Affairs of the Republic of the Philippines and the Salman Khurshid, Minister of External Affairs of the of India.
During the meeting they discussed on political, defense, security, economic and cultural cooperation, and reviewed the progress of the Joint Working Groups on Trade and Investment, Tourism, Agriculture, Health and Medicine, Joint Committee on Renewable Energy and of the Joint Defense Cooperation Committee.
Nobel Memorial Wall’ planned to unveil
Nobel Memorial Wall” commemorating Indian Nobel laureates.
Nobel laureates from the country will be put in front of an existing wall at the Esplanade Metro station in the city,
The programme begins on October 25 with Ambassador of Sweden Harald Sandberg inaugurating the ‘Nobel Memorial Wall
The wall will be a permanent structure at the busiest metro station in Kolkata .
Embassy will release Rabindra Nath Tagore in Sweden-1921 & 1926, a book on Tagore’s two visits to Sweden by Swedish scholar Dr. Olavi Hemmila.
Justice Rajesh Kumar Agrawal Appointed as the Chief Justice of Madras High Court
Justice Rajesh Kumar Agrawal (60), the acting Chief Justice of Madras High Court appointed as the regular Chief Justice of Madras High Court on 21 October 2013.
The President of India also appointed seven of the eight names recommended by the Supreme Court collegium of judges headed by the Chief Justice of India P. Sathasivam as Judges of the Madras High Court.
‘iiii. The names of the seven Judges were R. Mahadevan, K. Kalyanasundaram, P.N. Prakash, S. Vaidyanathan, Pushpa Sathyanarayana , V. Ravi and G. Chockalingam.
Scientists discover DNA body clock
U.S. scientist has discovered an internal body clock based on DNA that measures the biological age of our tissues and organs.
The clock shows that while many healthy tissues age at the same rate as the body as a whole, some of them age much faster or slower.
The age of diseased organs varied hugely, with some many tens of years “older” than healthy tissue in the same person, according to the clock.
Researchers say that unravelling the mechanisms behind the clock will help them understand the ageing process and hopefully lead to drugs and other interventions that slow it down.
Therapies that counteract natural ageing are attracting huge interest from scientists because they target the single most important risk factor for scores of incurable diseases that strike in old age.
Laxmikanta Mahapatra appointed Chief Justice of Manipur High Court
Justice Laxmikanta Mahapatra was on 21 October 2013 sworn in as Chief Justice of the Manipur High Court at Raj Bhava in Imphal, Manipur.
He was appointed by the President of India, Pranab Mukherjee.
Governor Ashwani Kumar administered the oath of office to Justice Laxmikanta Mahapatra. Justice Mohapatra would act as acting chief justice of the high court till appointment of a full time chief justice.
The post of chief justice of High Court of Manipur remained vacant after the first chief justice Abhay M Sapre was transferred as chief justice of the Gauhati High Court.
Suu Kyi receives her 1990 Sakharov prize
Aung San Suu Kyi collected on Tuesday the EU democracy prize that had been awarded 23 years ago while she was under house arrest.
The Sakharov Prize is for freedom of thought, named after Soviet dissident Andrei Sakharov, has been handed out annually by the European Parliament since 1988.
Suu Kyi got caught up in Myanmar’s 1988 pro-democracy protests when she returned to care for her ailing mother after years of living and studying abroad.
She became a leader of the pro-democracy movement and spent a total of 15 years under house arrest between 1989 and 2010, while the country was ruled by a military junta.
Today, she is a member of parliament after the 2010 elections brought to power reform-minded President Thein Sein.
She has expressed hopes of becoming Myanmar’s next president, although this would require constitutional changes ahead of the 2015 elections.
Lalu Prasad, Jagdish Sharma disqualified from Lok Sabha
RJD chief Lalu Prasad and JD(U) leader Jagdish Sharma have been disqualified as Lok Sabha members following their conviction in the fodder scam.
While Prasad stands disqualified for a total of 11 years — five years of jail term and six years subsequent to his release, Sharma stands disqualified for ten years — four years in jail and six more years after that as per electoral laws.
Theirs is the first disqualification from the Lok Sabha after the Supreme Court struck down a provision that protects a convicted lawmaker from disqualification on the ground of pendency of appeal in higher courts.
Lok Sabha Secretary General S. Bal Shekar has issued the notifications disqualifying Lalu and Sharma.
The Election Commission has also been intimated about the disqualification and the subsequent creation of vacancies in the Lok Sabha.
5-year-old Prasad, convicted in the fodder scam, was sentenced to five years in prison and imposed with a fine of Rs. 25 lakh. He was till now an MP from Saran in Bihar.
Finance ministry finalised 14,000 crore capital infusion in banks
Finance Ministry on Tuesday finalised the Rs. 14,000 crore capital infusion plan for PSU banks to augment their capital base and promised another tranche in the fourth quarter of the current fiscal.
“Rs 14,000 crore will be allocated today and then of course we will sit down with the RBI and SEBI (to decide) the manner of infusion,” Finance Minister P. Chidambaram said after meeting the heads of PSU banks here.
The capital infusion will ensure that banks have 8 per cent Tier-1 capital by the end of the current fiscal year.
The government infused Rs. 20,117 crore in public sector banks during 2010-11, and Rs. 12,000 crore in 2011-12.
The second round of capital infusion which banks may require for concessional lending for home, auto and consumer durable loans till January may happen during the fourth quarter of the current fiscal by monitoring their performance over the four months.
Kanwar Deep Singh Elected as the President of the Indian Hockey Federation
The Indian Hockey Federation (IHF) on 21 October 2013 unanimously elected Kanwar Deep Singh as the president of the Indian Hockey Federation (IHF) for a four-year term.
He was succeeded by Dinesh Reddy, Andhra Pradesh's Director General of Police (DGP).
Apple unveils ‘screaming fast’ iPad Air
Apple unveiled a new,tablet called the “iPad Air” along with a slew of new Macs ahead of the holiday shopping season as it faces growing competition from rival gadget makers.
The Cupertino, California-based company made the announcements on Tuesday at an event in San Francisco. The iPad Air weighs just 0.40 kg, compared with 0.64 kg for the previous version.
Apple marketing chief Phil Schiller called the tablet a “screaming fast iPad.
He said it is eight times faster than the original iPad that came out in 2010.
The iPad Air will go on sale November 1 and start at $499 for a model with 16 GB of memory, while the iPad 2 will continue selling at $399.
A new iPad Mini, meanwhile, will be available later in November starting at $399 for a 16 GB model.
Sania Mirza in Top 10 of World Women’s Doubles Rankings
Indian tennis ace Sania Mirza came into the top 10 of the world women's doubles by gaining two spots to ninth place in the latest WTA Team Rankings issued on 21 October 2013.
Sania Mirza jumped from 11th spot to 9th spot. The 26-year-old Sania moved up as a result of other players dropping points.
Italians Sara Errani and Roberta Vinci hold on to the joint number one ranking, while Su-Wei Hseih climbed two spots to number four and Katrina Srebotnik moved one spot higher to number three.
Sania Mirza had won back-to-back titles as she lifted the China Open trophy, followed by another triumph in Pan Pacific Open in Tokyo in the month of October 2013. Her partner Cara Black of Zimbabwe too gained a position to be at number 13
Facebook lifts ban on graphic content on site
Facebook has reportedly lifted the temporary ban on graphic content and resumed allowing users to post violent content on the site.
The social media giant defending the move said that gory photos and videos are permitted on the site as long as the content was posted in a manner intended for its users to 'condemn' the acts rather than celebrate them.
The company further said in a statement that people share experiences on the site, particularly when they're connected to controversial events and share its videos to condemn them, stuff.co.nz reports.
Recently, Facebook drew a lot of criticism when it allowed a video showing a masked man killing a woman in Mexico and the company was then compelled to place a temporary ban on content with graphic violence.
Bangalore ranked India’s top business destination
Bangalore, known as India’s silicon city, has been ranked as the country’s top business destination, followed by Chennai, Mumbai and Pune in terms of infrastructure, human capital, city culture and basic quality of living, says a survey.
While Delhi does not figure on this list, Noida and Gurgaon from the National Capital Region have been ranked 17th and 19th respectively.
The survey, conducted by Global Initiative for Restructuring Environment and Management (GIREM) and real estate consultancy firm DTZ, also found that smaller cities like Indore (5th), Bhubaneswar (6th) and Coimbatore (7th) are competing with top metros in the race to be ideal business destinations.
The list includes a total of 21 top business destination in the country.
Ahmedabad has been ranked 8th, followed by Nagpur at 9th and Kochi at the 10th place.
The ranking provides companies across industries and sectors with insights for future investment opportunities,” Prasad added.
The ranking rated the cities based on factors such as human capital, energy, water, transport, housing, healthcare, climate, office space availability and city culture, which constitute the basic eco-socio-economic parameters critical in determining the growth of the city.
Yahoo beats Google in web traffic in US again
More Americans visited Yahoo's websites than Google's, according to comScore's internet traffic data for September.
The research firm said Yahoo's websites had 197.8 million unique US visitors last month, while Google's had 191.4 million. Yahoo was ahead of Google in July and August.
The last time that Yahoo was ahead of Google before that was in May 2011.
Research firm eMarketer estimates that Google will generate $38.83 billion in worldwide digital ad revenue this year, more than any other company.
Facebook is at No. 2 with an estimated $5.89 billion, while Yahoo is No. 3 with $3.63 billion expected.
Tata Steel won a New Contract to Supply Britain's Network Rail
Tata Steel on 21 October 2013 won a new contract to supply Britain's Network Rail with more than 95 percent of its rails for at least five years.
It could supply more than 1 million tonnes of rail under the contract. The company's Scunthorpe plant is the present supplier to Network Rail.
It produces steel for construction and infrastructure. The plant's future would have been affected had the contract not been renewed.
The Tata Steel Group, with a turnover of 24.82 billion US dollars in Financial Year 2012- 2013, has over 81000 employees across five continents and is a Fortune 500 company.
Life insurance policy for HIV/AIDS patients
The insurance regulator has issued draft guidelines seeking views and comments from insurers on issuing life cover policies to persons with HIV/AIDS.
Insurance Regulatory and Development Authority ( IRDA) on policies for people with HIV/AIDS, issued this month, may come into effect from April 2014. Insurers are expected to put in place a board-approved underwriting manual, claims manual, proposal form and other necessary systems before this date.
Health cover for people suffering from HIV/AIDS already exists. With advances in medical treatment, insurers are able to put in place cost structures. Some standalone health insurance providers like Star Health & Allied Insurance offer such insurance.
We offer group covers to NGOs for their members. Our policy prescribes the entry parameters," V Jagannathan, chairman, Star Health said.
Insurers say claims management and profitability will be key concerns when life insurance is offered to those with AIDS.
There would be additional costs. "In terms of product pricing, insurers mostly rely on past claims experience. Since this would be a new product altogether, the pricing could be at both ends of the spectrum.
Companies like Max and HDFC have already started talks with global reinsurers to participate in this scheme.
2nd India-Philippines Joint Commission on Bilateral Cooperation Held at Manila
The 2nd meeting of the India- Philippines joint commission on bilateral cooperation was held on 21 October 2013 in Manila.
The meeting was co-chaired by the Albert F. Del Rosario, Secretary of Foreign Affairs of the Republic of the Philippines and the Salman Khurshid, Minister of External Affairs of the of India.
During the meeting they discussed on political, defense, security, economic and cultural cooperation, and reviewed the progress of the Joint Working Groups on Trade and Investment, Tourism, Agriculture, Health and Medicine, Joint Committee on Renewable Energy and of the Joint Defense Cooperation Committee.
Nobel Memorial Wall’ planned to unveil
Nobel Memorial Wall” commemorating Indian Nobel laureates.
Nobel laureates from the country will be put in front of an existing wall at the Esplanade Metro station in the city,
The programme begins on October 25 with Ambassador of Sweden Harald Sandberg inaugurating the ‘Nobel Memorial Wall
The wall will be a permanent structure at the busiest metro station in Kolkata .
Embassy will release Rabindra Nath Tagore in Sweden-1921 & 1926, a book on Tagore’s two visits to Sweden by Swedish scholar Dr. Olavi Hemmila.
Justice Rajesh Kumar Agrawal Appointed as the Chief Justice of Madras High Court
Justice Rajesh Kumar Agrawal (60), the acting Chief Justice of Madras High Court appointed as the regular Chief Justice of Madras High Court on 21 October 2013.
The President of India also appointed seven of the eight names recommended by the Supreme Court collegium of judges headed by the Chief Justice of India P. Sathasivam as Judges of the Madras High Court.
‘iiii. The names of the seven Judges were R. Mahadevan, K. Kalyanasundaram, P.N. Prakash, S. Vaidyanathan, Pushpa Sathyanarayana , V. Ravi and G. Chockalingam.
Scientists discover DNA body clock
U.S. scientist has discovered an internal body clock based on DNA that measures the biological age of our tissues and organs.
The clock shows that while many healthy tissues age at the same rate as the body as a whole, some of them age much faster or slower.
The age of diseased organs varied hugely, with some many tens of years “older” than healthy tissue in the same person, according to the clock.
Researchers say that unravelling the mechanisms behind the clock will help them understand the ageing process and hopefully lead to drugs and other interventions that slow it down.
Therapies that counteract natural ageing are attracting huge interest from scientists because they target the single most important risk factor for scores of incurable diseases that strike in old age.
Laxmikanta Mahapatra appointed Chief Justice of Manipur High Court
Justice Laxmikanta Mahapatra was on 21 October 2013 sworn in as Chief Justice of the Manipur High Court at Raj Bhava in Imphal, Manipur.
He was appointed by the President of India, Pranab Mukherjee.
Governor Ashwani Kumar administered the oath of office to Justice Laxmikanta Mahapatra. Justice Mohapatra would act as acting chief justice of the high court till appointment of a full time chief justice.
The post of chief justice of High Court of Manipur remained vacant after the first chief justice Abhay M Sapre was transferred as chief justice of the Gauhati High Court.
Suu Kyi receives her 1990 Sakharov prize
Aung San Suu Kyi collected on Tuesday the EU democracy prize that had been awarded 23 years ago while she was under house arrest.
The Sakharov Prize is for freedom of thought, named after Soviet dissident Andrei Sakharov, has been handed out annually by the European Parliament since 1988.
Suu Kyi got caught up in Myanmar’s 1988 pro-democracy protests when she returned to care for her ailing mother after years of living and studying abroad.
She became a leader of the pro-democracy movement and spent a total of 15 years under house arrest between 1989 and 2010, while the country was ruled by a military junta.
Today, she is a member of parliament after the 2010 elections brought to power reform-minded President Thein Sein.
She has expressed hopes of becoming Myanmar’s next president, although this would require constitutional changes ahead of the 2015 elections.
Lalu Prasad, Jagdish Sharma disqualified from Lok Sabha
RJD chief Lalu Prasad and JD(U) leader Jagdish Sharma have been disqualified as Lok Sabha members following their conviction in the fodder scam.
While Prasad stands disqualified for a total of 11 years — five years of jail term and six years subsequent to his release, Sharma stands disqualified for ten years — four years in jail and six more years after that as per electoral laws.
Theirs is the first disqualification from the Lok Sabha after the Supreme Court struck down a provision that protects a convicted lawmaker from disqualification on the ground of pendency of appeal in higher courts.
Lok Sabha Secretary General S. Bal Shekar has issued the notifications disqualifying Lalu and Sharma.
The Election Commission has also been intimated about the disqualification and the subsequent creation of vacancies in the Lok Sabha.
5-year-old Prasad, convicted in the fodder scam, was sentenced to five years in prison and imposed with a fine of Rs. 25 lakh. He was till now an MP from Saran in Bihar.
Finance ministry finalised 14,000 crore capital infusion in banks
Finance Ministry on Tuesday finalised the Rs. 14,000 crore capital infusion plan for PSU banks to augment their capital base and promised another tranche in the fourth quarter of the current fiscal.
“Rs 14,000 crore will be allocated today and then of course we will sit down with the RBI and SEBI (to decide) the manner of infusion,” Finance Minister P. Chidambaram said after meeting the heads of PSU banks here.
The capital infusion will ensure that banks have 8 per cent Tier-1 capital by the end of the current fiscal year.
The government infused Rs. 20,117 crore in public sector banks during 2010-11, and Rs. 12,000 crore in 2011-12.
The second round of capital infusion which banks may require for concessional lending for home, auto and consumer durable loans till January may happen during the fourth quarter of the current fiscal by monitoring their performance over the four months.
Kanwar Deep Singh Elected as the President of the Indian Hockey Federation
The Indian Hockey Federation (IHF) on 21 October 2013 unanimously elected Kanwar Deep Singh as the president of the Indian Hockey Federation (IHF) for a four-year term.
He was succeeded by Dinesh Reddy, Andhra Pradesh's Director General of Police (DGP).
Apple unveils ‘screaming fast’ iPad Air
Apple unveiled a new,tablet called the “iPad Air” along with a slew of new Macs ahead of the holiday shopping season as it faces growing competition from rival gadget makers.
The Cupertino, California-based company made the announcements on Tuesday at an event in San Francisco. The iPad Air weighs just 0.40 kg, compared with 0.64 kg for the previous version.
Apple marketing chief Phil Schiller called the tablet a “screaming fast iPad.
He said it is eight times faster than the original iPad that came out in 2010.
The iPad Air will go on sale November 1 and start at $499 for a model with 16 GB of memory, while the iPad 2 will continue selling at $399.
A new iPad Mini, meanwhile, will be available later in November starting at $399 for a 16 GB model.
Sania Mirza in Top 10 of World Women’s Doubles Rankings
Indian tennis ace Sania Mirza came into the top 10 of the world women's doubles by gaining two spots to ninth place in the latest WTA Team Rankings issued on 21 October 2013.
Sania Mirza jumped from 11th spot to 9th spot. The 26-year-old Sania moved up as a result of other players dropping points.
Italians Sara Errani and Roberta Vinci hold on to the joint number one ranking, while Su-Wei Hseih climbed two spots to number four and Katrina Srebotnik moved one spot higher to number three.
Sania Mirza had won back-to-back titles as she lifted the China Open trophy, followed by another triumph in Pan Pacific Open in Tokyo in the month of October 2013. Her partner Cara Black of Zimbabwe too gained a position to be at number 13
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