Saturday, 19 August 2017

[wanabidii] News Digest: Infosys approves Rs 13,000 crore share buyback a day after Sikka's resignation

THE TIMES OF INDIA
Saturday, August 19, 2017
Today's Headlines

Infosys approves Rs 13,000 crore share buyback a day after Sikka's resignation
The proposal entails purchase of up to 11.3 crore equity shares at Rs 1,150 apiece, which is nearly 25 per cent higher than previous closing. When the bourses closed on Friday, the Infosys stock had plunged 9.57 per cent to end at Rs 923.15 on the BSE.

Sikka saga: CEOs must be able to manage ecosystem, say industry experts

No inconsistency in number of tax payers: CBDT
The statement by the tax department follows some doubting the numbers over different figures quoted at different points of time.

More Business News»

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»

Barcelona attack: Spanish police release picture of suspect

State funeral held for 'Pakistan's Mother Theresa'
Mourners on Saturday attended a state funeral for Ruth Pfau, a German physician and nun who earned international acclaim as "Pakistan's Mother Theresa'' by devoting her life to the eradication of leprosy in the Muslim-majority nation.

8 stabbed in Russian city; attacker killed by cops
The attacker "carried out attacks on passers-by, causing stab wounds to eight," Russia's Investigative Committee, which probes major crimes said, adding that armed police then "liquidated" the attacker.

More World News»

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
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.

NASA launches satellite to help astronauts talk to Earth
The $408 million Boeing-made Tracking and Data Relay Satellite (TDRS-M) soared into space atop an Atlas V rocket that launched from Cape Canaveral, Florida at 8:29 am (1229 GMT). The satellite will "support critical space communication into the mid-2020s," NASA said in a statement.

More Science News»

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»

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»

Tendulkar to flag off all three races in Mumbai Half Marathon

Heavy rains lash Mumbai and suburbs

Draft rules against 'cut practice' recommend 5 years in jail for doctors
A preliminary draft of the proposed legislation against "cut practice" has recommended a jail term of five years and penalty of up to Rs 50,000 against doctors indulging in unethical means to exploit patients.

More Mumbai News»

INDIA@ 70: Seven Stories born in the last decade
On a daylong drive around Gurgaon, we find a microcosm of today's India in the characters we meet, all products of the dramatic social, political and economic changes of these 10 years.

Sunanda Pushkar case: Court pulls up police for delaying de-sealing of room
A Delhi court on Saturday pulled up the police for delaying the de-sealing of the room where the dead body of Sunanda Pushkar was found and not informing the hotel that the investigation into the case needed more time.

India@70: The mom who is earning from Instagram

More Delhi News»

Parties tap social media to woo youths
Much ahead of the battle for the ballot, parties in Karnataka are fighting a virtual war to attract young voters. Now the ruling Congress has decided to capture young voters' imagination. Having realized the importance of digital media, the party has started investing big money on marketing activities.

It's our duty to protect Muslims: CM Siddaramaiah
The government is committed to protecting the Muslim community in the state, chief minister Siddaramaiah said on Friday. He urged Muslims to be beware of those pretending to be secularists even while supporting communalism.

Backpack for these 7 ecotrails around Bengaluru
Here's some great news for trekking enthusiasts of Bengaluru. The Karnataka forest department has thrown open seven ecotrails, all within 100km of the city. You can book these guided treks online, pay the requisite fee and start your trail.

More Bangalore News»

Swayambhar NARI exhibition showcases 500-year-old tradition
Swayambhar Nari's seven-day exhibition of handicrafts from Shantiniketan, West Bengal kicked off at YWCA in Secunderabad. Nayantara Nandakumar, a Odissi Dancer, founder of Our Sacred Space-a Cultural and Environmental Center in Secunderabad, inaugurated the exhibition.

Minorities department seeks law against contract weddings
Sources from the department requesting anonymity said the document reiterated some of the cases which have come to light so far.

GenNext not interested: Few takers for Urdu books
Poor interest among the new generation towards Urdu books are leaving book sellers in Old City a frustrated lot.

More Hyderabad News»

Harassed by teachers, student commits suicide in Chennai
A Class XI student allegedly committed suicide at his house on Friday after being rebuked by his teachers at Kodungaiyur on Thursday night.

Coimbatore civic body offers sweepers jobs to MBA, engineer grads
Coimbatore corporation has offered cleaning jobs to children of deceased sanitary workers after rejecting applications to the posts their educational qualification entitle them. The corporation in the last three years has asked 50 schedule caste candidates to inherit such jobs of their parents.

Confusion over GST halts railway projects worth Rs 1 lakh crore
A majority of the railway projects in the country, including the quadrupling of lines between Chennai Beach and Korukkupet and the Sengottai-Punalur gauge conversion, estimated at Rs 1 lakh crore have slowed down or stopped since July 1 as the contractors executing them are at loggerheads with the national transporter over the rate of Goods and Services Tax (GST) for projects awarded before July 1.

More Chennai News»

Four-month-old lion cub rescued from house in Gujarat's Amreli village
A four-month-old lion cub was rescued by the forest department from a house in Virpur village of Dhari taluka of Amreli after it got separated from its mother early Saturday morning.

Gujarat's GNFC wins the CMO Asia CSR Award 2017
Gujarat goverment owned Gujarat Narmada Valley Fertilisers & Chemicals Ltd (GNFC) won the prestigious CMO Asia CSR Award 2017 in the category of Best CSR Practices for its approach to planning Shared Value Creation oriented CSR activities.

Lionesses killed for preying on goats
The death of two lionesses in Lakhapadar village of Amreli's Dhari taluka was a revenge killing by shepherds as the wild cats had preyed on their goats.

More Ahmedabad News»

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

Couple collect trash from park, spread message of cleanliness

A musical touch to Teej celebrations
Members of a city club celebrated Saawan with gusto by organising a Hariyali Teej function based on a Rajasthani theme at a city hotel recently

More Allahabad News»

Chit fund companies thrive despite crackdowns
Unfazed by the ongoing CBI probe into the chit fund scam, many ponzi firms continue to operate in the state.This is evident from the recent arrests of chit fund functionaries from across Odisha.

CM Naveen Pattnaik, Dharmendra Pradhan meet raises hope of IOCL row resolution
Official sources said a revised memorandum of understanding (MoU) is likely to be signed between Odisha and the IOCL soon, in what could be described as a major takeaway for both the sides.

Narasingha Mishra slams CBI for 'sparing' bigwigs
Leader of opposition Narasingha Mishra on Friday came down heavily on the CBI for allegedly being lenient towards influential persons involved in the Seashore Group chit fund scam.

More Bhubaneswar News»

Ramayana, Buddhism unite ASEAN nations, says Sushma Swaraj

BJP's bitter pills for nation's benefit, says Amit Shah
BJP president Amit Shah said it was painful to take harsh decisions like demonetisation and GST, but they are necessary since they are not done for political gain but in the interest of the country.

Amit Shah sets target of 200 seats in Madhya Pradesh elections
"He said that he expected no less than 200 seats in next year's elections. He also said that he wanted all 29 seats in the 2019 Lok Sabha elections," sources said.

More Bhopal News»

Will study Haque report on debt waiver, says Capt
Reacting to the Centre's decision to extend special incentives to the hill states, Amarinder said he would pursue Punjab's demand for extending similar incentives to the border areas and the Kandi belt.

Doklam standoff: Chinese clip mocks Sikhs, called racist
Amid the Doklam stand-off on the Bhutanese border, the state owned Chinese news agency Xinhua has put out a three-minute video in which an actor mocks India by dressing up as a Sikh soldier.

Have rehab plan for child born of rape: Punjab and Haryana high court to Haryana
Punjab and Haryana high court has directed Haryana government to come up with a rehabilitation plan for the child born to a 13-year-old gang-rape survivor from Mewat district of Haryana.

More Chandigarh News»

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