Age for being classified as senior citizen cut to 60 years from 65 years
Hope this is uniformly followed by all Government departments, Post Office, Railways and Banks. In the Railway budget this limit for the women was reduced to 58. I wonder when will uniformity prevail?
The morning hours were dominated by the Oscar buzz. Here’s a look at the winners of the 83rd Annual Academy Awards:
1. Best Picture: ‘The King’s Speech’.
2. Best Actor: Colin Firth for ‘The King’s Speech’
3. Best Actress: Natalie Portman for ‘Black Swan’
4. Best Supporting Actor: Christian Bale for ‘The Fighter’
5. Supporting Actress: Melissa Leo for ‘The Fighter’
6. Best Director: Tom Hooper for ‘The King’s Speech’
7. Best Foreign Language Film: ‘In a Better World’ from Denmark. 8. Best Adapted Screenplay: Aaron Sorkin for ‘The Social Network’
9. Best Original Screenplay: David Seidler ‘The King’s Speech’
10. Best Animated Feature Film: ‘Toy Story 3’
11. Best Art Direction: ‘Alice in Wonderland’
12. Best Cinematography: ‘Inception’
13. Best Sound Mixing: ‘Inception’
14. Best Sound Editing: ‘Inception’
15. Best Original Score: Trent Reznor and Atticus Ross for ‘The Social Network’
16. Best Original Song: Randy Newman “We Belong Together” from ‘Toy Story 3’
17. Best Costume Design: ‘Alice in Wonderland’
18. Best Documentary Feature: ‘Inside Job’
19. Best Documentary (short subject): ‘Strangers No More’
20. Best Film Editing: ‘The Social Network’
21. Best Makeup: ‘The Wolfman’
22. Best Animated Short Film: ‘The Lost Thing’
23. Best Live Action Short Film: ‘God of Love’
24. Best Visual Effects: ‘Inception’
Russian jailed for selling fighter jets for £3
A Russian court on Friday jailed a former official for 11 years over the sale of four fighter jets for just £3 each.Photo: AP
The military corruption scandal, that cost the government about $55 million, underscored endemic fraud in Russia’s armed forces.
Andrei Silyakov, a former employee of the state Federal Reserve Agency, illegally included the warplanes on a list of state assets to be sold, the Nizhny Novgorod regional court said in a statement on its website.
The four MiG-31 supersonic long-range fighter jets, known as Foxhounds, were sold for 153 roubles (£3.30) each from state-owned Sokol aviation plant in Nizhny Novgorod, 400km (250 miles) east of Moscow.
Although the jets were sold stripped of engines and weapons, each was in fact worth about $4 million. The planes were appraised as scrap metal and sold to a shell company that had no authority to trade weapons or military hardware, the statement said.
Silyakov was also accused of embezzling 30,000 tons of oil and handed an 11-year jail sentence for fraud, costing the Russian state a total of almost $69 million, the court said.
A combination of lack of funding, negligence and corruption have damaged attempts to supplement and maintain the huge arms stockpiles Russia inherited at the break-up of the Soviet Union in 1991.
Corruption in the armed forces cost Russia 6.5 billion roubles ($222.8 million) worth of state funds in 2010, Russia’s Chief Military Prosecutor Sergei Fridinsky said on Thursday.
Sokol is part of the state-owned United Aircraft Corporation.
It’s been an extraordinary couple of days since I arrived in Bangalore with the England team.
Thursday morning began with a pleasant interview with batsman Ravi Bopara in the serene garden of the opulent team hotel. Fifteen minutes later I was on the side of a clogged road outside the Chinaswammy Stadium, looking across six chaotic lanes of cars, tuk tuks, vans and buses, at an astonishing line of men all waiting to buy tickets to see India take on England in the World Cup.
I negotiated the traffic to cross the road and began speaking to the people in the queue, which snaked around the perimeter of the stadium. Some had been waiting in line since 4am; those nearer the front of the queue had pitched up the night before.
This was nothing new, as I’ve seen queues outside cricket grounds before in India that stretch as far as the eye can see, notably in Indore when England toured in 2008. I’ve even read newspaper reports of “lathi charges” but as a mere cricket reporter it was altogether different seeing it first hand.
The police presence got heavier the closer I got to the ticket booths, and they used their long bamboo sticks (lathi) to beat back anyone who fell out of line. Rumours were flying of serious injuries earlier in the day when the booths first opened at 830am, causing a crush as the fans surged forward.
As I watched, the queue swelled on the pavement and people were six or seven deep, jammed up against the concrete perimeter wall of the stadium, some falling off the pavement into the busy road.
It was a chaotic scene, with police wielding their sticks and laying several blows to keep the crowd under control, but they also seemed to be plucking people out of the line fairly indiscriminately to give them a whack.
Those people may have been queue-jumpers, it was impossible to know. However there was certainly more than one person who claimed he had queued diligently since the early hours, only to feel the force of a bamboo cane across his forearm and the chance of a ticket gone.
At a bizarre media conference on Friday morning, we heard from Bangalore’s police commissioner, Shankar Bidri, who defended the actions of his force. Questions from English journalists about the aggressive tactics used were met with a degree of mirth from both the commissioner and many local journalists, as he explained that this is simply what happens in India.
“People were falling over each other and there was a likelihood of stampede, therefore our people intervened. This is nothing new,” he said.
“The Indian situations and the Indian dimensions are very different. It’s difficult for the people who have lived in Europe and in America to understand.”
Cue sniggers from the floor, as well as from police officers flanking Mr Bidri at the top table.
Policing methods are one of the numerous cultural differences found in India, but the images that were played on TV in the UK and beyond were met with concern, and it was unnerving to be amongst it, even though I was aware that this sort of policing is standard across India.
The bigger story for the Indian newspapers is now the probability of tickets being sold on the black market due to demand far outstripping the supply of only 7,000 tickets made available at the Bangalore ticket booths. The commissioner robustly exclaimed that anyone caught at the gate with a fake or duplicate ticket would be sent to prison “for seven years!”
Policing at the stadium is being stepped up for the India-England game, but again, this is said to be nothing new, all normal procedure for a big India match. There will be 3,000 security personnel in total on match day: 2,000 policemen, 700 traffic officers and 300 men looking after the players’ safety.
If you’re coming to the game to support either country, the message is to get there early. Gates open at 1030am for England’s most eagerly awaited match of the group stage.
“ Time is limited, so I better wake up every morning fresh and know that I have just one chance to live this particular day right, and to string my days together into a life of action,
and purpose. ”
7-time winner of the Tour de France
Oil prices hit two-and-a-half-year highs in Asian trade on Thursday as violence continued to wrack the Middle East and threatened to spread to other bigger oil producers in the region, but on Friday crude prices dipped a bit as fears over supply eased with oil cartel OPEC promising to boost output to make up for any production loss in revolt-hit Libya, analysts said.
Continuing political turmoil in Libya and the Middle East has led to investor worries over global economic recovery in view of rising crude oil prices, sending stock markets on a steep slide.
Posted by Shirley Brady on February 24, 2011 06:00 PM
AIG swings to profit.
Boeing wins $35 billion contract to build US Air Force tankers.
Ikea is building a wind farm in Sweden.
LinkedIn is blocked in China.
New York and Shanghai auto shows overlap in a first.
Unilever tests Bru World Cafe coffee shop concept in India.
Enhancing the tax slab limit for individuals
An increase in the basic exemption limit to Rs 2 lakh (Rs 200,000) for individuals (below 65 years of age) vis-a-vis the current limit of Rs 1.60 lakh (Rs 160,000) would be a welcome change.
For senior citizens, the limit could be re-fixed at Rs 2.50 lakh (Rs 250,000), against the existing limit of Rs 2.40 lakh (Rs 240,000).
Currently, the highest tax bracket of 30 per cent is applicable to income above Rs 8 lakh (Rs 800,000) per year. This limit could be enhanced to Rs 10 lakh (Rs 1 million), thereby resulting in some savings and also aligning the slabs with the proposed Direct Taxes Code.
It is noteworthy that as India slowly, but steadily, progresses with the transition from a developing nation to a developed nation, it is imperative that the tax regimes are also in line with developed nations around the world.
Click NEXT to read on . . .
Tax Agriculture Income. Bring down the Senior Citizen Age Limit to 55 Uniformly.
Move the Highest Tax bracket to 30 Lakh and the basic exemption limit to Rs. 10 Lakh.
Sudheer Pal Singh in New Delhi
Railway Minister Mamata Banerjee, at the very outset of her Budget speech last year, had said she preferred “social responsibility” over “commercial viability” as a criterion for Railways’ progress.
Exactly one year since then, it has become amply clear that she has lived up to her conviction.
While a host of pro-public announcements made by her in the last Railway Budget (2010-11) have been implemented, Indian Railways’ finances have gone from bad to worse.
The announcements aimed at imparting a ‘public face’ to the Budget included no hike in passenger fares or freight tariffs, introduction of 54 trains, including the showcase Duronto service and the ladies special Matribhumi, and expansion of Kolkata Metro.
Ed Luce, Washington bureau chief of The Financial Times, has said that US President Barack Obama’s endorsement of India’s candidacy for a permanent seat on the United Nations Security Council was a “cheap price” he had to pay to appease New Delhi of its concerns over his administration’s policy towards India.
Speaking at a panel discussion on “Unlocking the Full Potential of the US-India Relationship,” organised by the Centre for Strategic and International Studies, Luce declared that Obama’s visit to India in November was “an unexpectedly successful trip.”
“The fact that India was so pleased to get America’s endorsement of its aspirations to be a permanent member of the United Nations Security Council and this could be a bouncing cheque as Strobe Talbott (former deputy secretary of state in the Clinton administration) put it, because Americans are in no position to guarantee this,” he said.
March 2 Wed 14:30
Bengaluru – M. Chinnaswamy Stadium
March 6 Sun 14:30
Bengaluru – M. Chinnaswamy Stadium
March 13 Sun 14:30
Bengaluru – M. Chinnaswamy Stadium
March 16 Wed 14:30
Bengaluru – M. Chinnaswamy Stadium
Surprising to see that the Sunday match is not listed on the authorised online ticketing website. Have been tracking it for a fortnight now.
Left red faced after the World Cup’s official ticketing website — kyazoonga.com — crashed because of overload, the International Cricket Council [ Images ] shot off a letter to Pawar asking him to intervene in the controversy involving the sale of tickets for the summit clash.
“The ICC is awaiting a response from him to decide on further course of action,” Gibson, also the ICC Cricket World Cup 2011 Media Director, said.
The move from the ICC came after rush for tickets saw the ticketing site crashing in just 20 minutes after tickets for the final, at the Wankhede stadium on April 2, were put on sale.
Tournament organisers were forced to scrap plans to sell the tickets on the web and organise a ballot system instead.
The ICC was also furious with the state of affairs in which the ticketing for the final was handled. The Mumbai [ Images ] Cricket Association, of which Pawar is the president, has made only 4,000 tickets available to the general public for the summit clash.
The remaining 27,000 seats at the refurbished stadium will be shared by MCA members and ICC’s commercial partners.
In a letter dated February 23, the ICC’s legal head David Backer wrote to Pawar, who is also the chief of the World Cup organising committee, “We have received many complaints from fans who purchased tickets but are yet to receive them despite having paid for these tickets more than six months ago. Apart from threat of claims for compensation, this is causing a significant public relations issue for the ICC.
“With the significant demand and little availability (i.e. after 20,000 reserved for MCA and 7,900 for ICC partners) there is potential for chaos and physical injury when the box office sales open. We strongly recommend the sale of tickets be cancelled and tickets sold to defined fans.
“We have not received any tickets for Wankhede Stadium. We have received numerous complaints from our commercial partners, who have paid millions of dollars to receive rights and benefits which include the timely provision of tickets and hospitality. This is placing our sound relationships at breaking point.
“ICC is being seriously challenged and is bitterly disappointed by the above state of affairs, which threaten to undermine everything that all of us have worked so hard to achieve over recent months. We will be grateful for your intervention and assurance that the above issues will be addressed as a matter of urgency,” Becker wrote.
The problems with ticketing arose because the BCCI chose to print and distribute tickets through multiple state associations rather than one central ticketing agency. This led to delays in the physical tickets being made available for those who have bought them online and the inability to forward the sponsors share of the tickets for matches.
An atomic theory of business size
The magic of the periodic table is that every atom is one thing or another–there isn’t a stable element that’s sort of oxygen and sort of nitrogen. If there were, there would be millions of elements, not a few hundred.
That’s because electrons are (more or less) either here or there. The quantum levels ensure that there are no weird hybrids.
A business follows a similar model. A local mom and pop store is just the right size for mom and for pop. The rent is low enough for the two of them to cover it. It’s stable. They can’t afford a $200,000 a year CFO. It wouldn’t be a stable situation.
This is backwards but here you go: businesses that exist exist because the marketplace allows them to function at the right size. There were a lot of bowling alleys in the 1960s because the number of people you needed to run one plus the rent was just covered by the revenue you could expect. There was a right size, one that people were willing to take on and run.
The next level up from Mom and Pop feels different. Different furnishings, different rent, different payroll. It’s not a little bigger, it’s a whole quantum level different. And then down the street is the chain store, the one with 40 outlets and regional vice presidents and regional newspaper ads. Those things naturally go together, the scale is right.
Rightsizing your business is one of the most important decisions you can make. Just because you’re thriving at one scale doesn’t mean that a little more effort or a little more investment magically take you to the next. They probably don’t.
Want to sell your popular donuts at Whole Foods? That’s a quantum leap, not an incremental step.
Want your auction software company to become a public behemoth? It requires a leap of size and commitment, not a gradual creep.
Want to go from freelance work as a programmer to running a business like Fog Creek Software? Totally different list of requirements.
This is actually a good thing. It’s good because rightsizing allows you to be profitable and live as a human. Those chasms in between are where people fall down.
One of the side effects of the internet revolution is that several new stable business sizes appeared. Groupon can do a billion dollars in revenue nationwide with far, far fewer employees than it took Target to hit the same level. A solo author can reach more people and generate more impact than she ever could have a dozen years ago.
These new sizes don’t mean that the rules of quantum scale have gone away, though. That popular self-published author might be able to successfully employ six people, but there’s no way she magically scales to sixty without something else changing. Several times I’ve run businesses that the market liked but couldn’t find the right scale… adding more people didn’t add a significant enough amount of revenue, and fewer people would have cost us our customer base. Just because it’s a good idea doesn’t mean that there’s a scale that works.
When in pain, consider your scale. When you’re too big or too small for the revenue or the impact you seek, you’ll feel it in your bones. Leap.
Sharing concerns of all sections over scams including those involving 2G spectrum and Commonwealth Games, Prime Minister Manmohan Singh on Thursday asserted in Parliament that his government would do everything to clean the “public life” and ensure that “no wrong-doer” goes unpunished.
He referred to the decision to form JPC into 2G scam and the probe being undertaken by the CBI in various corruption cases and said his government would “fully cooperate” with all the agencies “so that the truth comes out”.
Replying to a debate in the Lok Sabha on Motion of Thanks to the President’s Address, Dr Singh also said everything would be done to bring back black money stashed abroad as “we are one with Opposition” on the issue.
Aaj Ki Aaawz
Seems BJP’s Leaders of Opposition in both Houses are not on talking terms!!!
One welcomes the JPC and the other as a ‘ungracious act’ he terms!!
BJP needs to ensure its Leaders are not out of sync!!
Especially Jailtey and Sushma with each other should have a link!!
Of course Congress has conceded to JPC grudgingly and BJP should not forget!!
In Tehelka matter how ‘ungracious’ BJP did get!!
All I have is a voice
To undo the folded lie,
The romantic lie in the brain
Of the sensual man-in-the-street
And the lie of Authority
Whose buildings grope the sky:
There is no such thing as the State
And no one exists alone;
Hunger allows no choice
To the citizen or the police;
We must love one another or die.
I love this poetry by W.H.Auden.
Beliefs break tournament rules
New Delhi: Most cricketers are superstitious and International Cricket Council officials are now finding it difficult because some are breaking tournament rules to back their beliefs.
Virender Sehwag, who wears the number 44 team jersey, batted without the number. It seems Sehwag’s astrologer has told him that 44 will be unlucky for him. The astrologer has convinced Sehwag that in Test cricket, where he does not wear a jersey number, he has a better average.
Even Sachin Tendulkar is superstitious. He is known to wear his left-pad first for every game. At the Feroz Shah Kotla stadium in 1999, when Kumble destroyed Pakistan with a ten-wicket haul, Tendulkar made sure to hand over Kumble’s pullover to the umpire since every time he did it, Kumble got a wicket.
Yuvraj Singh, who has not been among the runs lately, carries a red handkerchief in his pocket hoping that it will bring him luck.
Indian skipper Mahendra Singh Dhoni, who acts cool on the field, carries a diamond locket with the number 7 on it presented by his sister.
Emerging off-spinner Ravichandran Ashwin uses technology as his totem. He keeps his lucky laptop bag next to his playing kit.
Zaheer Khan is said to carry a yellow scarf in his pocket while playing.
t’s no secret that we all want to do business with people whom we know and trust. So, how do you build rapport and create trust with new contacts at networking events? By offering value-added advice–solid, helpful information provided out of a genuine concern for another person.
Let’s say you’re a real estate agent talking with someone at a networking event who, although not ready to buy a home today, is heading in that direction. You could say something like this:
Well, I know you’re not interested in buying a home right now. But, when you’re ready to start looking, I highly recommend checking out the north part of town. A lot of my clients are seeing their homes appreciate in the 10 to 20 percent range, and from what I understand, the city is thinking about building another middle school in that area.
Aramex gets on its bike with deal in Ireland
Last Updated: Feb 24, 2011
Aramex couriers are a familiar sight on the streets of Dubai and Abu Dhabi, but a new deal could lead to the company’s red scooters buzzing much further around the world.
Aramex announced yesterday it had struck a deal to acquire Ireland’s Aquaship Agencies, a liner agent and freight-forwarding company based in Dublin.
The move gives Aramex access to all of Aquaship’s operations from Ireland to markets that include the US, Canada, the Caribbean and Latin America.
Aramex hopes the move will bring significant cost savings as it seeks to expand out of its Middle East heartland.
“The transaction provides Aramex with a range of synergies, including a strong ocean freight client base and a management team with significant knowledge and experience in the Irish and UK markets,” said Fadi Ghandour, the founder and chief executive of Aramex.
“This is the second acquisition for Aramex in Ireland following the acquisition of Two Way, one of the leading freight and logistics operators in Ireland, in 2006.
“These acquisitions complement each other and reinforce Aramex’s position in the Irish market, where the company currently employs over 150 people.”
Mr Ghandour declined to give further details of the acquisition or the price paid for Aquaship. “We are thrilled to become part of such a well-respected and forward-looking company as Aramex,” said Andy Humphries, the Aquaship managing director who will become the manager for ocean freight in Ireland.
Aramex jumped 4.6 per cent to Dh1.58 a share in trading yesterday, as the market enjoyed a sustained relief rally after several days of losses. Marwan Shurrab, a fund manager at Gulfmena Alternative Investments, said the expansion was “ideal” for the UAE company as it geared up for further expansion.
note: the featured list below is only a small subset of whats available on this site as picked by automated algorithms, use search for more docs!
Chinese Recipes (Cookbook)
The Sify Food Contributors
en 0.27 MB
no ISBNs present
F B V S O C P
year: 2005 pages: 51 PCI Compliance: Understand and Implement Effective PCI Data Security Standard Compliance
Branden R. Williams, Anton Chuvakin Ph.D. Stony Brook University Stony Brook NY.
en 6.21 MB
F B V S O C P
year: 2007 Chocolate Recipes (Cookbook)
The Sify Food Contributors
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no ISBNs present
F B V S O C P
year: 2005 pages: 51 Christmas Recipes (Cookbook)
The Sify Food Contributors
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F B V S O C P
year: 2005 pages: 51 Daal Recipes (Cookbook)
The Sify Food Contributors
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year: 2005 pages: 51 A New Ecology
Sven Erik Jorgensen, Brian Fath, Simone Bastianoni, Joao C. Marques, Felix Muller, S. Nors Nielsen, Bernard D. Patten, Enzo Tiezzi, Robert E. Ulanowicz
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F B V S O C P Desserts (Cookbook)
The Sify Food Contributors
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no ISBNs present
F B V S O C P
year: 2005 pages: 51 Dosa Recipes (Crepes Pancakes) (Cookbook)
The Sify Food Contributors
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no ISBNs present
F B V S O C P
year: 2004 pages: 51 Egg Recipes (Cookbook)
The Sify Food Contributors
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F B V S O C P
year: 2005 pages: 51 Fruit Recipes (Cookbook)
The Sify Food Contributors
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Very interesting website to download ebooks.
With a busy 2011 well underway, we wanted to look back and share some of the exciting North Star Alliance figures from 2010. This data highlights the tremendous success and impact North Star Alliance and partners are having in transport corridor communities across Africa. We think it shows why it is so important to expand from 21 clinics in 9 countries to a projected 42 in 19 countries this year.
Click the infographic below to see a larger version, then, let us know what you think by leaving a comment!
… that today is International Dog Biscuit Appreciation Day?
They say every dog has his day… today, they all get that day
at once. Just imagine: dog biscuits without having to do
tricks. We should all be so lucky! 😉 ~~~ Today’s Inspirational Quote: “Never bear more than one trouble at a time. Some people bear
three kinds — all they have had, all they have now, and all
they expect to have.” — Edward Everett Hale
New Delhi: ‘Rahul ka haath, aam aadmi ke saath.’ The Congress MP and General Secretary virtually lived the slogan on Tuesday evening when he lent a helping hand to a 43-year-old man who had fallen down from his motorcycle after being hit by a car on Krishna Menon Marg.
Rahul was going from that way when he spotted the injured man on the road. He stopped his cavalcade, enquired about the man’s condition and then got him shifted to one of his escort vehicles. He then asked the security personnel to take him to a hospital. The accident took place near the residence of the former Prime Minister, Atal Bihari Vajpayee.
“A Police Control Room van reached the spot and piloted Mr. Gandhi’s escort vehicle to the Ram Manohar Lohia Hospital where the victim Kale Ram, a resident of Dakshinpuri, was treated,” said a police officer. Ram, who works with the New Delhi Municipal Council, was going to his office at Palika Kendra on a motorcycle around noon when he was hit by an Innova car from behind. He lost his balance, fell on the road and sustained shoulder injuries.
The driver of the car, Ajay, has been arrested. A case of causing injury due to rash and negligent driving has been lodged against him at Tughlaq road police station. The vehicle has also been impounded. An eyewitness said that the Congress MP made all arrangements to take the victim to the hospital and also asked him to take care of the man’s belongings till the police arrived.
Dutch recipe for success, be brave: Doeschate
PTI | 12:02 PM,Feb 23,2011
Nagpur, Feb 23 (PTI) The Netherlands lost the match but proved they were no pushovers by giving England a scare and star of the show all-rounder Ryan ten Doeschate said his team can look forward to a great World Cup if it continues to play “brave cricket”. Doeschate played a brilliant knock of 119 and also picked up a couple of wickets in his superb all-round performance.Doeschate”s batting stunned the English at least in the first half of the match in which the Dutch put up an impressive 292 on the board. Doeschate said if the Oranje brigade can carry the momentum in the coming matches, the team might just score the big upset which happens almost every World Cup. “If we can carry on in that manner, playing brave cricket and having a go at these big teams it will be a great World Cup for us,” Doeschate said after the match. The 30-year-old, the lone associate country cricketer to fetch an IPL contract, said it was just “one of those days” as far as his own performance was concerned. “For the past six weeks I”ve struggled with the bat but I”ve worked really hard in the last two weeks and it was just one of those days,” said Doeschate. “It is a really good deck and I picked up the ball pretty early and it was one of those days when everything came naturally.” Doeschate said the Dutch exceeded their own expectations by posting the rather challenging target for the English. “I always thought it was a really good wicket and I thought 230/240 definitely wouldn”t be competitive so we knew we needed to push it on but I think as a unit we paced the innings quite well. We were aiming around the 270 mark,” he said.
Almost half of Australians have anti-Muslim sentiments, while nearly 24 per cent have a negative attitude towards Asians, the biggest survey ever done on racism in the country has revealed.
Among the 12,512 people surveyed across Australia, 48.6 per cent were negative towards Muslims, Asians (23.8 per cent), indigenous Australians (27.9 per cent), Jews (23.3) and black Africans (27 per cent), News.com.au quoted the 12-year survey, conducted by leading universities, as saying.
by Apurv Pandit on 19 February 2010
in National Rankings, PaGaLGuY B-school Rankings 2010
(This article is based on the National Rankings list of the PaGaLGuY B-school Rankings, 2010.)
The years 2008 and 2009 made business schools extremely vulnerable to the same market forces that they had been training managers to deal with. In many ways, the PaGaLGuY B-school Rankings 2010 mirror the performances of b-schools during the economic recession of 2008-09.
Take the Indian School of Business (ISB), Hyderabad for example. Ranked 4th right after the top three Indian Institutes of Management (IIMs) in 2009 PaGaLGuY rankings, ISB Hyderabad has dropped to rank 7 this year. ISB’s nightmarish experience in placing its class of 2009 has arguably hit its perception.
The biggest gainer at ISB’s expense is Delhi University’s Faculty of Management Studies, which now shares rank 4 with XLRI, Jamshedpur. Between ISB and FMS, the return on investment might have been the deal breaker. With total expenses amounting to nearly Rs 19 lakh at ISB, many students were reported to have graduated with annual salaries as low as Rs 8 lakhs as employment dried up in the market. In times as adverse as these, graduating with any salary at FMS was utopian, since the institute’s total feel for the two years is less than Rs one lakh.
The top three slots in PaGaLGuY B-school Rankings 2010 were retained by the IIMs at Ahmedabad, Bangalore and Calcutta respectively.
Here’s one thing you might wonder about while browsing the rankings. See the screenshot below.
Why does is ISB Hyderabad ranked 7 Overall but 5 in freshers, work experience, women, alumni, aspirants and students? Or why is FMS ranked number 4 overall but 5 or 6 in other heads?
The answer to that is in understanding that the aggregate of Women, Freshers, Alumni, etc is not the universal set of respondents. They are all subsets with common elements (some women are freshers, some aspirants have work experience, and vice versa). The overall ranking also includes respondents under the ‘Others’ category, which might swing the aggregate rank despite the rank in the individual heads. So if you find cases such as these, do not be alarmed. All is well.
One clear trend emerges in the movements within the top 20 b-schools of this year’s rankings: older institutions that have been around for ages overtook newer institutions, perhaps implying that in an uncertain job market, the respondents are showing preference for a stable brand over newer b-schools.
So SP Jain, Mumbai displaced the Indian Institute of Foreign Trade (IIFT), Delhi to reach rank 10, while the 47-year old National Institute of Industrial Engineering (NITIE) jumped two places up despite being open only to engineers. Similarly, Symbiosis Institute of Business Management (SIBM), Pune jumped one rank up to 16 over the previous year.
All IIMs except IIM Lucknow either retained or increased their ranks between the PaGaLGuY B-school Rankings of 2009 and 2010. IIM Lucknow fell one rank to number 6 (to the gain of FMS, Delhi University) while IIM Shillong received pretty much the same votes as Mudra Institute of Communications, Ahmedabad (MICA) and Department of Management Studies, IIT Delhi, sharing rank 21 with the two.
We have always stressed on the importance of ethical integrity in the PaGaLGuY B-school Rankings and have been warning the b-school student communities of dire consequences of trying to rig the rankings. Two years ago, one business school in South India came close to expulsion from the rankings, but the school’s administration saved the day by penalizing the students with compulsory social service.
This year however, two b-schools pushed our tolerance of survey rigging to the very limits. Reluctant as it was, we decided to disqualify these two schools: Vinod Gupta School of Management (VGSoM), IIT Kharagpur and International Management Institute (IMI, Delhi) fron the rankings. These two schools have not received a rank in PaGaLGuY B-school Rankings 2010. More about it here.
Here are some more interesting trends in PaGaLGuY.com B-school Rankings 2010 compared to previous year’s rankings:
- Among the IIT schools of management, IIT Madras (27) overtook IIT Kanpur (33) to become the third most preferred IIT MBA after IIT Bombay (19) and IIT Delhi (21).
- Among business schools accepting the SNAP exam score, SIBM Bangalore (26)overtook Symbiosis Institute of International Business (SIIB), Pune (29) to become the third-most preferred Symbiosis b-school after SIBM Pune (16) and SCMHRD, Pune (20).
- Loyola Institute of Business Administration (LIBA), Chennai (37) became the fourth most preferred institute accepting the XAT score exclusively, after XLRI Jamshedpur (4), XIM Bhubhaneswar (16) and Goa Institute of Management (26). Last year, XIME Bangalore (43) occupied this position.
You can view further comparisons between national schools here by using the ‘filter by exam’ feature.
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One of the major questions plaguing India’s planners concerns infrastructure development and resettlement of the people whose land is used. The other, of course, is that age-old war between development and environment.
The international airport in Mumbai, for example, is unable to expand because the surrounding slums cannot be moved, nor can the people living in them be resettled elsewhere.
The latest problem has arisen in Nagpur, where the country’s first multimodal international air cargo hub (MIHAN) and Civil Aviation Minister Praful Patel’s pet project is being set up. Delayed by almost four years – it was scheduled for completion in 2008 – the villagers all around the city’s international airport are up in arms because they have been moved out to make place for the hub.
To top it all, most of them complain that the Maharashtra Airport Development Company (MADC) paid them measly amounts. MADC is responsible for the MIHAN project and has started acquiring around 350 hectares from farmers and others. The MADC has acquired 3,313 hectares of land for the construction of the cargo hub and Special Economic Zone (SEZ). The total acquisition for MIHAN and SEZ would be 4,354 hectares of land, which includes 183 hectares of land owned by the government. A SEZ of 2,086 hectares—the largest multi-product SEZ in India—will be set up beside the airport. Of 2,086 hectares, various processing units will use 1,472 hectares and the remaining 614 hectares will be for service sector units.
The Hitavada, a local and established newspaper, has taken up their cause. Commenting on the MADC’s moves, the newspaper’s editor, Vijay Phanshikar, penned an open letter some time ago. Addressed to the Government of Maharashtra, Chief Minister, Deputy Chief Minister, Ministers, Legislators, and officials, the letter said:
“It is after a deep thought that we have opted to write this open letter to highlight a major issue to correct a huge wrong being perpetrated in Nagpur by way of the Special Economic Zone promoted by Maharashtra Airport Development Company (MADC). If we fail to act fast, if we do not step in to stop the loot that has been going for a long time in the name of development, a mega scandal will explode here.”
He goes on to state that “a detailed study of the project has led us to believe that under the pretext of developing the SEZ, a blatant loot is going on of farmers’ precious land by vested interests that are aiming to make hundreds of crores of rupees after developing the property and selling the same to interested buyers at shockingly high cost. In the process, farmers are left high and dry with only a few pennies in their pockets, by violating the law that governs Special Economic Zones.”
The editor ends the note by asking the government to conduct a thorough probe into the SEZ land grab affair and even consider possibilities of launching criminal proceedings against the guilty.
For his part, the Chief Minister of Maharashtra (Nagpur is incidentally the winter capital of the state) has stated that the government would provide compensation, starting at around $10,000, to those farmers whose land had been acquired for the cargo hub.
Whatever the outcome of the battle, air cargo stakeholders hold mixed views on MIHAN. Many have even gone on to question whether the project will be worth it or not. According to many, the government should come out with a clear date on when the project will be completed. Still others feel that the multi-modal hub concept at Nagpur will not work. Their reason: a far larger tonnage of cargo emanates from the west and the south of the country than the north and the east. If aircraft from all directions fly in to Nagpur for redistribution of cargo, there will be fewer planes from the north and the east to take back the cargo.
There are, however, a number of cargo stakeholders who feel that the hub and spoke concept – akin to the one used by FedEx and UPS – would work well. If the economy performs as well as it has been doing, then Nagpur would do well as a hub.
Then, of course, there are environmental concerns. Once the hub is fully functional, the number of planes taking off and landing could not only cause sound pollution but also environmental hazards.
Praful Patel recently announced that Air India would soon set up an aircraft engine maintenance workshop for all its next generation engines.
“All the next generation aircraft engines manufactured by General Electric (GE) will be maintained at the Nagpur workshop in the Multi Modal International Passenger and Cargo Hub (MIHAN) in the city,” Patel said.
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Inflation has been a major thorn in the UPA government’s side, even as it struggles to steer the country towards a high growth trajectory, but most of all higher prices of edibles ranging from egg to milk and fruits to onions ruined even the most unrefined palate.
Fuelled by high wages, rising property and food prices, food inflation in India is at an almost unsustainable 11 per cent level.
The severity of inflation could be gauged only when the prices of onion, which shot up to Rs 70-80 a kg, is juxtaposed with the average daily wages of India’s nearly 300 million informal sector workers — Rs 100.
GDP per capita: $1,017
Food as a percentage of total household consumption: 49.5%
Net food exports (as percentage of GDP): 0.3%
Don’t ban mobile phones in cars: Volvo
December 8, 2010
A Swedish safety expert says stopping mobile phone use in cars isn’t the right move.
A leading international safety expert has criticised calls to ban mobile phones from cars as unnecessary.
Thomas Broberg, a senior safety adviser with Swedish car maker Volvo, says the suggestion that Australia consider introducing a national ban on mobile phone use in cars would not be something his company — renowned for its focus on safety — would support.
The Australian Transport Council has released a draft discussion paper looking at the steps it thinks Australia could take to cut its road toll by 30 per cent by the year 2020, with one proposal suggesting that mobile phones be banned from use in cars.Advertisement: Story continues below http://ad-apac.doubleclick.net/adi/onl.drive/newsandreviews/roadsandtraffic;cat=newsandreviews;cat1=roadsandtraffic;ctype=article;pos=3;sz=300×250;tile=4;ord=1.4134246E7?
Interestingly, Volvo is working towards a much more ambitious road toll target with the Swedish government of zero road deaths by 2020, but according to Broberg, the argument that a hands-free mobile phone was too big a distraction in the car was not valid.
‘‘Passengers are also a distraction in the car, so what do we do, ban them too?’’ Broberg said during a demonstration in Melbourne this week to highlight Volvo’s work on its world-first pedestrian avoidance system that can stop a car from running into an unwary pedestrian.
‘‘There’s always other sources of distraction that we have to drive with. [Mobile phone use] in cars is always going to be a very tricky issue, but we need to educate and promote good behaviour rather than just ban things,’’ he says.
‘‘The policy should be that we promote the use of hands-free, but we at Volvo are not able to determine or effect what will be a political decision.’’
Broberg says Volvo’s mobile phone policy for its employees allows their use in cars, but only if they are assessed using a hands-free system. Even so, he admits the hands-free system could be better.
Already Volvo has technology that can delay some less important vehicle messages during busier or higher speed driving, allowing the driver to better concentrate on the road.
‘‘Cell phone use is one of the areas we’re targeting, because looking away from the centre of the road increases the risk of a collision,’’ he says.
‘‘It’s interesting when you compare phone use with truck drivers on a walkie-talkie [UHF radio], because studies show that the truck drivers have a reduced risk of crashing when they’re using a walkie-talkie,’’ he says. ‘‘We need to do more study on that.’’
The ATC discussion paper released last week, and designed to prompt discussion ahead of a revision of national road rules, proposes a range of reforms including banning mobile phones form cars, giving local councils access to speed cameras, permitting point-to-point speed cameras on toll roads, and lowering the blood alcohol limit to zero for all drivers.
The draft 10-year strategy seeks to reduce the annual number of deaths and serious injuries on Australian roads from its current rate of about 1500 deaths and 30,000 serious injuries by at least 30 per cent.
Fines, not death, top worry for speedstersDecember 15, 2010
Speeding drivers are more concerned about getting caught than being hurt or killed, a study has found.
Dr Judy Fleiter says a survey of 800 Queensland drivers shows they lack regard for the risk speeding poses to their personal safety.
Dr Fleiter, from Queensland University of Technology’s Centre for Accident and Road Safety Research, says most speeding drivers she interviewed played the numbers game behind the wheel.
“They are calculating, or really miscalculating the risk of speeding,” Dr Fleiter said in a statement.Advertisement: Story continues below http://ad-apac.doubleclick.net/adi/onl.drive/newsandreviews/roadsandtraffic;cat=newsandreviews;cat1=roadsandtraffic;ctype=article;pos=3;sz=300×250;tile=4;ord=5.969035E7?
“Their biggest fear is getting caught, and many believe that they ‘know’ how to evade detection.”
Many drivers involved in the survey admitted to slowing down at known or anticipated speed camera locations.
Some actively sought information from other drivers about camera locations, particularly when travelling on new or unfamiliar roads.
“But the problem with drivers taking a calculated risk, is that they are calculating the risk of getting caught and not the risk of getting hurt,” Dr Fleiter said.
She said many divers didn’t properly appreciate the risks of speeding, and believed they’d survive a high-speed crash.
“Some drivers reported the perception that they could survive a road crash at speed but that their passengers may not,” she said.
“There seemed to be a lack of understanding that at high speeds, many road crashes are not survivable, no matter who is driving, how skilled that driver may be, and how good the vehicle is they are driving.”
She said there was no such thing as safe speeding.
“The laws of physics dictate that human bodies are not designed to sustain the forces at work when vehicles collide at speed,” she said.
“Travelling faster means you take a longer time to react and a longer distance to stop and it also means that the faster you drive, the harder you hit.”
Drivers polled in the survey were asked to say how they normally drove in 60km/h zones, with responses varying from 40km/h to 100km/h.
In 100km/h zones, drivers various said they typically drove at anywhere from 60km/h to 145km/h.
Dr Fleiter has been awarded a four-year Postdoctoral Fellowship by the National Health and Medical Research Council to further investigate speeding and speed enforcement approaches in Australia and China, following on from PhD research in both countries.
© 2011 AAP
Vehicles will be encouraged to fit speed limiters and alcohol interlocking devices as part of a radical overhaul of the Australasian New Car Assessment Program.
Australia’s only independent crash test organisation will encourage car makers to fit controversial new technologies such as alcohol interlock systems, 120km/h top speeds and smart keys that can change the way the car drives depending on the time of day or driver.
The sweeping changes to the Australasian New Car Assessment Program as part of a “road map” that looks out to 2015 will also incorporate two new crash tests and encourage the fitment of advanced crash avoidance technologies.
ANCAP business manager Nick Clarke said it was the crash test organisation’s job to push for changes and encourage debate on topics such as drunk driving and speeding, even though such additions to new cars seem unlikely without a mandate from governments.Advertisement: Story continues below http://ad-apac.doubleclick.net/adi/onl.drive/newsandreviews/motornews;cat=newsandreviews;cat1=motornews;ctype=article;pos=3;sz=300×250;tile=4;ord=1.2683841E7?
“Something like 28 per cent of our fatal accidents involve alcohol,” said Clarke. “If went down the path of fitting interlocks … does that not mean we could reduce the [national] road toll very quickly by 300 or 400 people?”.
The 120km/h speed limit will no doubt be controversial, particularly because it’s 10km/h below the 130km/h top speed of the Northern Territory.
Key to the ANCAP crash test changes are the implementation of two new crash tests – one testing for roof strength in rollover crashes and the other in the ability of a vehicle’s head rests to cushion the head and reduce whiplash injuries.
The roof crush test is likely to put pressure on manufacturers of four-wheel-drives, which have a higher propensity to roll due to a higher centre of gravity, while their weight can more easily crush the roof.
The whiplash test could also force car makers to fit whiplash reducing seats; Holden used to fit them to the Commodore but removed them recently to reduce costs.
ANCAP is also listing a number of mandatory safety features – such as additional seatbelt warning indicators and side curtain airbags – that will be required to give the car a maximum five-star safety rating.
Ford’s Falcon is one car that managed to get a five-star safety rating by cleverly designing the front-side airbags and omitting them as standard in the rear seats on most models.
ANCAP is also mandating a minimum number of additional features (the number increases year on year) required to give a car a five-star rating.
“This is a watershed moment for ANCAP because we’re really leaping forward into the technological future,” said ANCAP business manager Nick Clarke. “We’re recognising that technology is moving ahead at a rapid pace and we are making sure that to get an ANCAP five-star or four-star score … we include that technology in the ratings.”
He said new processes put in places to change and adapt the testing criteria and a focus on higher levels of vehicle safety meant that “ANCAP is always going to be in a position to move much faster than the government regulators”.
“We can deliver the technology results and life saving results to consumers very quickly.”
However, the ANCAP ratings – from one to five stars for overall vehicle safety taking into account its occupant protection, ability to avoid a crash and protection to pedestrians – still won’t be as simple as just absorbing the star rating.
Older vehicles that achieved a five-star rating won’t be retested or judged when stricter testing criteria come in, meaning that a five-star car from, say, 2013 is not as safe as one with an identical rating from 2015.
“Once you start going back and re-rating you’re creating more problems than you resolve,” said Clarke defending the move, emphasising there would be a marketing campaign in place and dates attached to the ANCAP rating to give consumers more information.
ANCAP will also not be independently testing the new features, instead relying on international standards to determine whether they’re effective.
Safety pioneer Volvo – long critical of some of ANCAP’s testing methodologies and sluggishness in keeping up with vehicle technologies and development – has welcomed the changes.
“It’s good to see ANCAP is moving in the right direction with the introduction of its roadmap. However, the real impact of the changes won’t be felt for another few years,” said Volvo public affairs manager Laurissa Mirabelli. “That means it will continue to be difficult for consumers to differentiate between cars because they will continue to all have five stars.
“What we should be doing is giving credit where credit is due to manufacturers like Volvo, who can already tick the boxes on the safety technology required. This is another reason Volvo maintains it has safety beyond stars.”
Some car companies are also quietly questioning how some of the so called safety assist technologies count as safety features. Hill start assist – which acts as an automatic handbrake to stop a car rolling back on a hill – is one example.
Agartala, Feb 23: Malaria poses a bigger threat than insurgents and smugglers to Border Security Force (BSF) men posted along India’s northeastern border with Bangladesh, with many dying of the disease every year, say security officials.
“Our troopers are now battling malaria, with the disease turning out to be our biggest enemy in the mountainous border areas,” a senior BSF officer posted at the Tripura frontier said.
“On an average, five to six BSF personnel died of malaria every year on the Tripura border alone. No one was killed by insurgents during the past three years,” the BSF officer told the media on condition of anonymity.
Comprising eight states, northeast India is a malaria prone zone, with the vector-borne disease claiming an estimated 500 civilian lives annually.
Four northeastern states – Tripura, Meghalaya, Mizoram and Assam – share a 1,880-km border with Bangladesh, which is guarded by BSF troopers.
Arunachal Pradesh, Nagaland, Manipur and Mizoram share a 1,640-km-long border with Myanmar manned by Assam Rifles.
Most parts of the borders with Bangladesh and Myanmar are mountainous, densely forested and unfenced.
According to the officer, more than 2,360 BSF troopers posted along the 856-km-long Tripura-Bangladesh border were hit by malaria last year. The number of such cases since 2008 was a staggering 11,580.
The scenario is almost same in the other northeastern states that border Bangladesh and Myanmar.
“It is mandatory for all those posted in the border areas to carry mosquito repellent creams, besides wearing face masks and gloves all the time,” said a BSF commander at north Tripura’s Khatlung post along the Bangladesh-Tripura-Mizoram border.
Among the most inaccessible and inhospitable terrains in the country, where even food supplies have to be air dropped, cerebral malaria is the disease BSF troopers fear the most.
“Our troops remain out for 15 to 16 hours on an average for guarding the borders, bracing inhospitable terrain, deadly and poisonous snakes and other venomous insects, wild animals, besides all types of mosquitoes,” he said.
They also battle smugglers.
On an average, various smuggled goods worth Rs.1.50 crore are being seized by the BSF troopers every month at different bordering areas of Tripura. The goods include various narcotics, saris, forest produce, a variety of garments, cattle, fish, machine parts and medicines.
The BSF has set up round-the-clock medical facilities with at least 10 small health centres for each battalion with anti-malaria drugs and diagnostic kits. (IANS)