Friday 27 April 2012

"Fact News" India Successfully launched Its First Radar Imaging Satellite

India on 26 April 2012 launched it’s first indigenous all-weather Radar Imaging Satellite (RISAT-1). The satellite, whose images will facilitate agriculture and disaster management, was launched successfully on board the PSLV-C19 from Sriharikota in Andhra Pradesh.

Developed by the Indian Space Research Organisation (ISRO), the satellite took ten years to be functional. The newly launched satellite can capture images of the earth during day and night as well as in cloudy conditions.

Thus far, India was dependent on a Canadian satellite for images as existing domestic remote sensing spacecraft are not able to capture images of earth during cloud cover. Besides use in the agriculture sector, RISAT-1 could also be used to keep round-the-clock vigil on the country's borders, but this satellite would not be used for defence applications as RISAT-2, primarily a spy spacecraft, is already doing that job.

RISAT-1 was launched using the state-of-the-art new Mission Control Centre for the first time after its inauguration by President Pratibha Patil in January 2012. ISRO used PSLV-XL, high-end version, only third such instance, for the launch of RISAT-1. The XL version was earlier used for Chandrayaan-1 and GSAT-12 missions.

The RISAT – 1 Launch is the 20th successive successful flight of Polar Satellite Launch Vehicle (PSLV). India in April 2009 had launched an imported Radar Imaging Satellite (RISAT-2) with all weather capability. The satellite was bought from Israel for 110 million dollar largely for surveillance purposes.

 A whopping 498 crore rupees were spent on the project. While the development of satellite took 378 crore rupees, 120 crore rupees were spent on building the rocket (PSLV-C19).

Wednesday 25 April 2012

"Fact news" Wipro aiming to grow faster than industry average, says Kurien

TK Kurien, the Chief Executive officer of India's third largest software services provider, Wipro, has said that the company is aiming to record a growth rate that is higher than industry average in the 2013 fiscal year.

 The company has a respectable amount of projects in the pipeline and is also planning to announce a wage hike in 2013. It said that it expects revenue from IT services to be between US $ 1.52 and 1.55 billion in the first quarter. The company's fourth quarter net profit has increased 7.7 per cent to Rs 1,481 crore. The net sales of the company were up 19 per cent to Rs 9,836.3 crore.

The company had disappointed the market with a flat guidance for the first quarter but Kurien pointed out that the flat guidance is mainly due to the slowdown in the company's India business.

 On projects in pipeline, he said that, "As far as our pipeline is concerned on a global basis, it remains robust. In Q1 of the calendar year which is our Q4, we saw a little bit of a slowdown in terms of proactive deals closing. But that is now behind us and we are seeing disclosures starting in our Q1.

To that extent, on a full year basis, looking at our pipeline, we are not unduly concerned about growth." Kurien also said that the company does not announce full year guidance and only said that Wipro will strive to grow ahead of the market.

Saturday 7 April 2012

"Fact News"Delhi has highest number of insomniac executives, survey

According to a new survey, Delhi tops the list of the cities with most number of corporate employees suffering from insomnia.

 The reasons for the high number of sleepless executives in city include high stress level and challenging working schedules. The national capital was ranked first by the survey followed by Mumbai, Ahmedabad, Chandigarh, Hyderabad, Pune, and Chennai.

 The survey conducted by ASSOCHAM on the occasion of World Health Day, found that about 78 per cent of the corporate employees sleep less than six hours a day and this causes sleep disorders. It also found that women who sleep less face more problems than compared to men.

 D S Rawat, secretary general of ASSOCHAM said, “Loss of sleep has wide ranging effects including daytime fatigue, physical discomfort, psychological stress, performance deterioration, low-pain threshold and increased absenteeism.”

 About 36 per cent of the sample population for the survey suffered from obesity while 21 per cent suffered from depression, according to the findings. Researchers had selected more than 200 employees in age bracket of 20 to 69 years from each of the city
Source:topnews.in

Friday 6 April 2012

"Fact News" Larry Page published letter on Google+ marking one year as CEO

The Chief Executive Officer of Google, Larry Page written a letter, which is posted at Google+ social network, to mark one year since he returned to the internet giant as its CEO.

 Page said that his plans for the company are aimed at increasing the company's velocity, improving its focus and also focusing on big initiatives that have the power to change the world around. He pointed out that his priority as a CEO of the company is to provide a simpler, more intuitive experience to the customers across all its services so as to allow the users to find exactly what they need on the right time.

 He also talked about a shakeup in the company's management team that saw elimination or consolidation of more than 30 products. "Google has so many opportunities that, unless we make some hard choices, we end up spreading ourselves too thin," he said.

 Page said that the remaining services of the company including its flagship search service were given cleaner and a more beautiful look. He plans include integrating Google+ network into the company's other offerings such as search, Gmail and YouTube.

 "I have always believed that technology should do the hard work discovery, organization, communication so users can do what makes them happiest: living and loving, not messing with annoying computers," he wrote.

 He claimed that Google+ has more than 100 million users and the social networking platform is getting more active.

"Fact News" India’s Atomic Energy Regulatory Board became the 11th Member of MEDP

India’s Atomic Energy Regulatory Board was admitted as the 11th member of MEDP (Multinational Design Evaluation Programme) on 4 April 2012. The other members of this body are China, Finland, Japan, Korea, South Africa, USA, UK, Canada, France and Russia.

 MDEP is a multinational initiative taken by national safety authorities to develop innovative approaches to leverage the resources and knowledge of the national regulatory authorities who are currently or will be tasked with the review of new reactor power plant designs.

It was launched in 2006 by the Nuclear Regulatory Commission (NRC) of the United States and the French Nuclear Safety Authority. The OECD Nuclear Energy Agency (NEA) acts as the Technical Secretariat for the MDEP. The International Atomic Energy Agency participates in many of the MDEP activities, including the harmonisation efforts.

Wednesday 4 April 2012

"Fact News" Geeta Kumari made a History, became the First Indian Woman Wrestler to Qualify for Olympics

Geeta Kumari, the woman wrestler, won a gold in 55kg category at the ongoing Asian qualifying tournament in Astana, Kazakhastan. Geeta with this victory also made a history, as she became the first Indian woman wrestler to have ever qualified for the Olympics.


 Women's wrestling was first introduced at the Olympics during the 2004 Athens Olympics.



The wrestler from Bhiwani in Haryana, overpowered Kyrgyzstan's Gulina in the first round. Then she went on to defeat Aiym Abdildina of Kazakhstan in the semifinal. In the final, the grappler thrashed her Korean challenger Ji-Eun Um to clinch the gold medal.

Tuesday 3 April 2012

"Fact News" Star TV won the Broadcasting Rights of Indian Cricket Team



The Rupert Murdoch-owned Star group has won the BCCI media rights for the next six years, board president N Srinivasan announced on Monday.


The Indian cricket board had a bitter parting last December with Nimbus that held the contract earlier.
Star TV on 2 April 2012 won the rights to broadcast Indian cricket for next six years in a bid to the tune of 3851 crore rupees. Rupert Murdoch owned Star TV won the bid defeating Sony which had offered 150 crore rupees less than the winning bid.
The rights include TV, Internet and Mobile broadcasting. The agreement will remain effective for a period of six years starting from from July 2012 to March 2018. The agreement gives Star TV rights to cover all home international matches and domestic tournaments involving Indian Cricket team. The right will not be applicable for the Indian Premier League (IPL).
Star TV will pay around 40 crore rupees for each international match, which is 8 crore more than what was being paid by previous broadcaster Nimbus.
The bid for the broadcasting rights was necessitated as the BCCI had abruptly terminated its broadcasting agreement with Nimbus in December 2011, three years before it was due to expires, over the issues related to payment.