[wanabidii] News Digest: The $200-million transaction that rocked Infosys' boat

Sunday, August 20, 2017

Today's Headlines

The $200-million transaction that rocked Infosys' boat
At the heart of the rift lies the Panaya deal. A symbol of the generation gap in corporate thinking around IT deals: "How much" vs "too much".

Banks stare at union strike on Tuesday, services may be hit

US law firms mull class action suit to recover Infy investors' possible losses
Four US law firms said they would be investigating claims on behalf of Infosys investors whether some of the officers and directors of the company engaged in securities fraud. This follows the sudden resignation of CEO Vishal Sikka and the steep drop in share prices.

More Business News»

Environment

Rare butterfly spotted in Scotland after 133 years
The sighting in a field in Berwickshire, 100 metres from the English border, has raised hopes that climate change has helped it become the 34th butterfly species to live and breed in Scotland, reports the Guardian.

Constipated gorilla in Kansas zoo recovering after surgery

Marine biologist works to save great white sharks
Great white sharks, which have been around since before the dinosaurs, visit Isla de Guadalupe each year between August and February, feeding on fish, sea lions and dead whales, maintaining balance in the marine ecosystem, Mexican marine biologist Edgar Mauricio Hoyos says.

More Environment News»

World

Britain calls on EU to move Brexit talks forward
Brexit minister David Davis called on the European Union on Sunday to relax its position that the two sides must first make progress on a divorce settlement before moving on to discussing future relations.

Iran's priority to protect N-deal from US: Rouhani
"The most important job of our foreign minister is to stand behind the JCPOA, and not to allow the US and other enemies to succeed," Iran's President Hassan Rouhani told parliament, using the technical name for the 2015 deal that eased sanctions in exchange for curbs to Iran's nuclear programme.

Pak soil must not be used for terror activities: US

More World News»

Science

What's a total solar eclipse and why this one is so unusual
Total solar eclipses occur every year or two or three, often in the middle of nowhere like the South Pacific or Antarctic. What makes Monday's eclipse so special is that it will cut diagonally across the entire United States.

How to safely watch an eclipse
Everyone who plans to look skyward when the solar eclipse sweeps across the United States on Monday should have the proper protective eyewear, or risk lasting blind spots, experts warn. Regular sunglasses will not do, the US space agency says.

How to safely watch a solar eclipse: Dos and Don'ts
Solar Eclipse 2017: With excitement leading up to the August 21 solar eclipse, people across North America are preparing to watch the event. But while tempting, there are a number of safety precautions one has to take before trying to catch a glimpse of the eclipse.

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Technology

This is Infosys 'biggest problem' now
Infy's last CEO hunt in 2014 was a major challenge. Sikka, who was plucked from a top job at SAP, was the first chief appointed from outside the group of founders.

Google has just confirmed the launch date of the next version of Android
It's official, the next version of Google's mobile operating system Android O is coming next week.

This is what Xiaomi has to say on Redmi Note 4 catching fire in user's pocket
Earlier this week, there were reports of a Xiaomi Redmi Note 4 smartphone catching fire.

More Technology News»

Education

IIMs reach gender diversity milestone
The trend reflects improved gender diversity in corporate India as many big companies actively remove biases against women, such as lesser pay and fewer promotions.

Civil services exam 2018 to be held on June 3: UPSC
The civil services preliminary examination to select IAS and IPS officers among others has been scheduled to be held on June 3 next year, the Union Public Service Commission (UPSC) has said.

Kerala govt to bring out 'Hamari Malayalam' textbook for migrants
The Kerala State Literacy Mission Authority is all set to release a textbook exclusively to teach migrant labourers Malayalam, the mother tongue of the people of the state

More Education News»

Mumbai

Can't be lenient in cases of sex rules violation: Bombay high court
The Bombay high court has voiced concern over the declining sex ratio and said a lenient approach cannot be taken while deciding matters pertaining to violation of sex determination laws.

Environment report misleading on Metro-3 car shed's proposed site: Aaditya Thackeray
"The BMC has also omitted the car shed from its development plan, which was recently finalized and now the proposal is to the chief minister. Even other parties have opposed it," Thackeray said.

Mira Bhayander goes to polls amidst heavy rains today

More Mumbai News»

Delhi

Udaipur's Kalpit Veerwal in Limca book for scoring 100 per cent in JEE-Mains

Guest teachers: AAP denies BJP charge
"Tewari is barely spending time in Delhi and has no idea about what is happening here.

35% of faculty posts vacant in IITs, 53% in central universities
Most centrally-funded institutions, including the Indian Institutes of Technology (IITs), National Institutes of Technology (NITs) and universities, are conducting classes with over one-third faculty positions vacant, prompting the government to launch a major recruitment drive.

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Bangalore

Blood portrait of Basaveshwara sent to CM

Survey to provide information on encroachments along SWDs

Photographers from Kerala find their way to Hampi this holiday season

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Hyderabad

Police to geotag all Ganesh pandals in Hyderabad

CM K Chandrasekhar Rao gets Global Agriculture leadership award
The Indian Council of Food and Agriculture (ICFA) on Saturday announced the Global Agriculture Leadership Award to Telangana chief minister K Chandrasekhar Rao.

Telangana plan to expand highways hits roadblocks
The TRS government's plan of securing central sanction for construction of 22 national highways has turned out to be shortlived as the project is being opposed both by farmers and owners of commercial establishments who would stand to lose their properties.

More Hyderabad News»

Chennai

Tamil Nadu's power loss pegged at 13%, Trichy tops list
Trichy region has the maximum distribution loss (19.08% - 51.11 million units) in the power sector in Tamil Nadu.Tirunelveli stands second at 15.16%, South Chennai has 13.99% loss and North Chennai 11.50%.

Prof takes online safety workshops to schools
Being cyber secure begins with a tip as simple as turning off the lights in a store's changing room to detect if there is a camera watching you to the more complex issues of dealing with online predators and bullies.

AIADMK formula: OPS will get party, EPS to head government
AIADMK factions headed by chief minister Edappadi K Palaniswami and O Pannerselvam moved closer to a merger with the latter dropping his claim to the chief minister’s post, but stepping up the demand for the expulsion of K Sasikala from the party.

More Chennai News»

Ahmedabad

The H1N1 roll in the state is alarming

Red Alert: Is Gujarat Naxalite-proof?

Duathlon for military officers
The headquarters of Golden Katar Division is organizing a Duathlon for the officers of the formation at Military Station Gandhinagar from Sunday. Defence spokesperson Wing Commander Abhishek Matiman said the event is aimed at promoting the idea of adopting endurance building activities like running and cycling as hobby, apart from the rigours that form part of soldiers’ routine training and fitness regimen.

More Ahmedabad News»

Allahabad

Class 10th girl becomes SHO for a day, wants to be an IPS officer

Deadline extended for phasing out Vikrams, autos in Allahabad

Principals of three UP medical colleges offer to quit, cite poor conditions

More Allahabad News»

Bhubaneswar

Utkal train accident: 'Terrible trembling and a loud thud is what all I remember'

Centre unhappy over poor progress of Angul Aluminium Park

Odisha: Classes of medical colleges at Koraput, Baripada to start from September 4

More Bhubaneswar News»

Bhopal

Mortar found on Mhow cremation ground

Shah gives '100 out of 100' to Chouhan

Youth stabbed by mom-in-law in police station

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Chandigarh

UK national leaves for his country after 10-month stay in city's old-age home
In a first, a United Kingdom resident stayed an old age home in Sector 15 for almost 10 months before going back to his country on Saturday.

Pollution board to look at how waste was smuggled out

Facing fire from Sukhpal Khaira on sand mining case, minister Rana hits back

More Chandigarh News»