Walmart-backed Flipkart will offer its employees an opportunity to cash in on part of their stockholding in the company, according to an e-mail to staff. In a recent filing to the US SEC, Walmart had said it has “reserved 11,947,026 company ordinary shares for issuance under the company option plans, of which options to purchase 6,242,271 company ordinary shares are outstanding as of the agreement date”. A Flipkart spokesperson said the Esop repurchase programme is part of its “continuing efforts to thank and reward our employees for their service . Flipkart has a strong culture of fairness and does acknowledge that employees are an invaluable asset. The mega deal, which saw Walmart buying 77 per cent stake in Flipkart, was announced on May 10 this year.
September 20, 2018 19:52 UTC
"Cyclonic storm Daye lay centred over northwest Bay of Bengal, about 90km southeast of Gopalpur, and is likely to cross the south Odisha-north Andhra Pradesh coasts between Kalingapatnam and Puri," the director of the meteorological centre in Bhubaneswar, H.R. It will make landfall as a cyclonic storm with wind speed up to 80 kmph, he said. The state government has instructed officials in coastal districts and various departments to be alert and ready to tackle any emergency, official sources said. Danger signs that warn of surface winds clocking 40-50 kmph have been hoisted in all ports of Odisha, officials said. The cyclone warning division's advisory said the sea will be very rough over central and north Bay of Bengal and off the Odisha, West Bengal and north Andhra Pradesh coasts.
It was filed by the Access to Rights and Knowledge Foundation (ARN), Nagaland Users’ Network (Nun), Network of Naga People Living with HIV/AIDS and the Hepatitis Coalition of Nagaland (HepCon) on Tuesday. The judge also ordered the state and central governments to file the status of Hepatitis C within five weeks and will have the next hearing in November. The court told the two respondents (the Nagaland government and the Centre) to file a status report on Hepatitis C in five weeks,” said Ketholelie Angami, the secretary of HepCon and coordinator of Nun. Activists have said that though Hepatitis C is curable with treatment lasting from six months to a year, several patients continue to die because of lack of awareness and high treatment costs. “Without any proper programmes on Hepatitis C in Nagaland and the National AIDS Control Organisation (Naco) campaigns focusing only on HIV prevention and the transmission of the virus through used needles and syringes, the development of a programme to treat hepatitis C has been neglected,” he added.
“It was embarrassing for me to be the lone medallist from Assam when the Prime Minister invited us state-wise onto the podium on our arrival in New Delhi from Jakarta. So I committed to the Prime Minister that by the next Asian Games I will be accompanied by 10 more medallists from Assam. Assam is rocking with talented sportspersons and a little bit of support from every stakeholder can help Assam fulfil the dream,” Hima told The Telegraph on Thursday. On her conversation with Modi, she said: “The Prime Minister started in Assamese asking me about my health and about Assam. It gives me immense pleasure to associate my name Hima Das with Adidas, literally a perfect match.
Australia has marked Bengal as a priority state in a list of 10 states and 10 sectors to boost trade and economic ties with India by 2035. It has identified sectors such as resources and energy, agriculture, education and healthcare as the key areas of partnership. “The targets set out in this report would see Australian exports to India grow from $14.9 billion in 2017 to around $45 billion measured in today’s dollars. Outward Australian investment to India is seen to rise from $10.3 billion to over the $100-billion mark, reflecting a transformational expansion of the relationship,” the report said. “Bengal is a priority state and is definitely on our radar in that investment goal.
Fullerton India, a step-down subsidiary of Singapore’s Temasek Holdings, is planning to tap the credit appetite of rural Bengal by expanding business in the state. The assets under management in Bengal as of March-end were slightly more than Rs 350 crore. “We are starting with three new rural branches in Bengal at Tarkeshwar, Kalyani and Burdwan and we are evaluating the option of more branches in the state by March 2019. Fullerton India is a wholly owned subsidiary of Fullerton Financial Holdings, Singapore, which is a subsidiary of Temasek Holdings. Fullerton India’s total assets under management grew 36 per cent to Rs 15,776 crore, while net non-performing assets were 1.61 per cent at the end of March.
Little wonder then that Mohan Bhagwat, the RSS chief, has suddenly remembered such virtues as inclusion and pluralism. Mr Bhagwat’s mellowness can be attributed to the anxiety that the Opposition’s refrain of the sangh parivar’s pursuit of a divisive agenda has struck a chord. But Mr Bhagwat is on slippery ground too. In Chicago’s World Hindu Congress,Mr Bhagwat had described those opposed to the interests of ‘Hindus’ — essentially Hindutvavadis — uncharitably. Which avatar of the RSS should India believe in, Mr Bhagwat?
Aadhaar enrolment, which was delayed in Assam for over four years owing to “citizenship concerns”, will finally be rolled out early next month through 1,241 centres. “The application forms will be provided free of cost to the residents at the enrolment centre. Aadhaar is considered a proof of residence and not proof of citizenship,” said the statement. The department has asked the district administration officials to carry out awareness programmes regarding Aadhaar enrolment, it said. The Centre had earlier extended the deadline for connecting Aadhaar with bank accounts and mobile phone numbers till March 31 next year.
September 20, 2018 18:56 UTC
इस घटना को लेकर एनडीटीवी ने एविएशन एक्सपर्ट हर्षवर्द्धन से बात की. उन्होंने बताया कि इस घटना के पीछे मुख्य रूप से मानवीय भूल जिम्मेदार लग रही है. वहीं जम्मू सरहद पर बीएसएफ के हेड कांस्टेबल की बर्बर हत्या को लेकर पूरे देश में गुस्सा है. इस घटना को लेकर विपक्ष सरकार से सवाल पूछ रहा है. कांग्रेस के नेता रणदीत सुरजेवाला ने पूछा कि आखिर सरकार अब चुप क्यों है.
September 20, 2018 18:43 UTC
Whoever won the decibel war, evidently, would emerge as the winner of this divine contest. Kartik Basu,CalcuttaChaotic messSir — It has become extremely difficult for commuters to reach their workplace, schools or colleges since the collapse of the Majerhat bridge (“Stuck on road for hours”, Sept 6). Ankita Bakshi,CalcuttaSir — The Majerhat bridge was known for supporting a high density of traffic. A primary link on Diamond Harbour Road that connected South 24 Parganas to the rest of the city has been severed. Mitra,CalcuttaSir — Although the collapse of the Majerhat bridge was cause for concern in itself, the after-effects of the mishap are proving as worrying.
September 20, 2018 18:33 UTC
And this comes a day after the brutal murder of a brave BSF jawan. ‘Barbaric killing’Addressing a press conference, he said Pakistani forces had violated every international norm in mutilating the body of the BSF jawan, Narender Singh. The country wants a response to this inhuman and barbaric killing,” he said. Asked if the Congress supported resumption of dialogue, Mr. Tewari said the government must recognise the anger among the people. “A brave soldier of our paramilitary force has been treated in the most inhuman manner possible and this country wants a response.”
September 20, 2018 18:29 UTC
I am an expert in the rules of falling. The first sign of an old building about to disappear is a snazzy new boundary wall coming up around it. The wall is usually so high that the old building is already invisible. The name announces the character, size and ambition of the new structure that will replace the old building. The old building is wrapped up, like a face under a mask or a hood, for some time.
September 20, 2018 18:22 UTC
Photo: BloombergSeattle: Amazon.com Inc. unveiled a new $50 Echo Dot with an improved speaker, one of the first devices unveiled in a product show designed to keep pushing smarthome gadgets during the busy holiday shopping season. The new speaker has 70% better sound, Amazon’s senior vice president of Alexa devices, David Limp, said at a media event Thursday. The Echo Dot is one of Amazon’s best-selling devices, he said. Amazon also introduced a subwoofer to go along with existing Echo products as well as a pair of amplifiers that work like audio control centers for the home. Amazon introduced the Echo voice-activated speaker in 2014 and has maintained a lead over tech competitors Google and Apple Inc. Amazon and Google flooded the market with low-cost devices like the Echo Dot and Google Home Mini, letting shoppers try voice tech at home for as little as $25.
September 20, 2018 18:11 UTC
Photo: BloombergSan Francisco: Adobe Systems Inc. is in talks to buy software maker Marketo Inc. for about $5 billion, according to a person familiar with the matter. A transaction could be announced as soon as Thursday, said the person, who asked not to be identified because the matter isn’t public. The transaction would bolster San Jose, California-based Adobe’s efforts in marketing technology, as it competes with Salesforce.com Inc. and Oracle Corp. in business software. Representatives for Adobe and Marketo declined to comment. Reuters reported that Adobe was negotiating to buy Marketo last week.
September 20, 2018 18:11 UTC
The report, prepared by a 30-member team of WB and ADB officials after meeting the Collectors and visiting the affected areas from September 11 will be presented to Chief Secretary Tom Jose on September 22 here. The joint team, led by WB’s Senior Disaster Risk Management Specialist Deepak Singh and Senior Water and Sanitation Specialist Srinivasa Rao Podippireddy, was giving finishing touches to the report, official sources told The Hindu. The report will also cover the WB and ADB-funded ongoing projects such as the Kerala State Transport Project (KSTP) and Jalanidhi drinking water projects hit by the floods. The team, with specialists in rural development, climate risk management, environment, disaster risk management, transport, urban affairs, water sanitation, livelihood, climate change, highway engineering, social development, water supply and sanitation had split into three to tour the districts. The total savings with the State from various ongoing projects funded by the WB and ADB come to ₹388 crore.
September 20, 2018 18:03 UTC