Modi Govt to make 20 universities world class

It is interesting to for nation to find on the wheels of progress but the government is selecting on the parameters which shall bring inertia to boost to the economy in future but the current,the fast and an immediate parameters are either not adhered to or failed to get them on board in-spite of Niti Aayog each day making loud announcements or high promises.

Prime Minister Narendra Modi has said that his government plans to invest one thousand crore rupees to transform 20 universities into world class educational institutions. In his Independence Day address at the Red Fort, Mr Modi said the Centre has taken an important step to grant the universities freedom from restrictions to make them world class universities.

He said that the government will not interfere in their functioning. The Prime Minister said he is confident that the education institutions of the country will certainly come forward and make it a success.Mr Modi added that the government had set up six IITs, seven new IIMs and eight new IIITs over the last three years.

German companies failing to add eve management

German Family Minister Katarina Barley arrives for the weekly cabinet meeting at the Chancellery in Berlin, Germany, June 7, 2017. REUTERS/Hannibal Hanschke/Files

A government minister on Tuesday blasted German companies for failing to add more women to their management boards, suggesting the government could impose quotas unless firms acted to boost the current rate of 6 percent.

Family Minister Katarina Barley, a Social Democrat (SPD), told the RND newspaper chain it was unacceptable that companies had failed to increase the percentage of women in leadership roles after years of promises.

“I give industry one more year to take care of the issue itself. If nothing has happened by then, we’ll have to take legislative action,” Barley told the newspapers in an interview to be published Wednesday.

“In many management boards, nothing has happened. Only 6 percent of directors are women. That can’t continue,” she said.

Barley is due to present a report to Chancellor Angela Merkel’s cabinet about the representation of women in leadership positions on Wednesday.

She said she had “no problem with an obligatory quota for women on management boards”, noting that years of pledges had not changed the situation and many companies had a target of zero.

Under German law, women must comprise 30 percent of the supervisory boards of large companies. But there is no law governing the makeup of management boards.

Barley’s Social Democrats are now the junior partner to Chancellor Angela Merkel’s conservatives in a “grand coalition,” but both parties hope to forge alliances with other small parties and lead the country after a parliamentary election on Sept. 24.

The latest Insa poll showed Merkel’s conservatives with 37 percent support, the SPD with 25 percent, and the anti-immigrant Alternative for Germany (AfD) party with 10 percent.

Both the pro-business Free Democrats and the far-left Left party had 9 percent support, while the pro-environment Greens were at 3 percent.

Govt : Google, FB, Microsoft, others to remove Blue Whale links

The government directed internet majors Google, Facebook, WhatsApp, Instagram, Microsoft and Yahoo to immediately remove links of the dangerous online game Blue Whale Challenge. The online game has led to suicides of children in India and other countries.

The Ministry of Electronics and IT said in a letter to the internet majors that there are instances of children committing suicide in India while playing Blue Whale Challenge.

It asked the internet majors to ensure that any such link of this deadly game should be removed immediately from social media platform.

The Blue Whale Challenge is a suicide game in which the player is given certain tasks to complete for a period of 50 days and the final task leads to suicide.

The player is asked to share photos after finishing the different levels of the game. It is spread via links on social media platforms.

Internet Service Provider Association of India’s President Rajesh Chharia appreciated the government’s move for issuing the order to block the game.

Kiev engine type ‘used in N. Korea missiles’ made for Russia

Ukrainian space agency acting chief Yuriy Radchenko talks to journalists during a press conference in Kiev on August 15, 2017. AFP/Genya Savilov

Ukraine’s space agency said Tuesday that an engine type reportedly used in North Korean missiles was made at a Ukrainian factory, but solely for use in space rockets supplied to Russia.

The development came after an expert report published Monday said Pyongyang’s recent rapid progress in developing a long-range missile appeared to have come after it refurbished rocket engines procured from a plant in the former Soviet Union.

These could have been bought from corrupt workers at arsenals in Russia or Ukraine and smuggled to North Korea by criminal networks at some point between the collapse of the Soviet Union in 1991 and Ukraine’s current crisis, the International Institute for Strategic Studies said.

“Such engines were made up to 2001 by Ukraine’s Yuzhmash (plant),” Ukraine’s acting space agency chief Yuriy Radchenko told journalists. He said the RD-250 engines were used in Cyclone-2 and Cyclone-3 space rockets supplied to Russia.

Both the engines and the space carrier rockets “were made at Yuzhmash in the interests of Russia,” Radchenko said. In total, 233 such rockets were produced, used in space launches.

The space agency chief said that according to Ukrainian information, “Russia today has between 7 and 20” of the Cyclone rockets and could do whatever it wanted with the engines and blueprints.

“They have these engines, they have the documentation. They can supply these engines from the finished rockets to whoever they want.”

– Questions over rocket fuel –

The IISS report suggests Kim Jong-Un’s regime, which successfully tested intercontinental ballistic missiles in July that are believed to have brought the US mainland within reach, has abandoned attempts to modify the Russian-built OKB-456 rocket engine and has now switched to the once Ukrainian-made RD-250.

During the Soviet era, the RD-250 was produced at the Yuzhmash plant in Dnipro, a city that is today in Kiev government-held central Ukraine, around 150 kilometers (80 miles) from an active frontline held by Russian-backed separatists.

Ukraine did not act as a supplier of the engines to any other country, Radchenko said.

“Ukraine did not carry out any supplies of engines during the whole period of its independence (from the USSR), since it started producing the technology.”

Radchenko also said that in his view, it was only possible to use these engines with technology for producing rocket fuel that only Russia and China have at their disposal.

“In order to use these engines and a missile properly, you need to have access to technology to produce rocket fuel. North Korea doesn’t have such technology and basically only two countries have this: Russia and China.”

Russian Deputy Prime Minister Dmitry Rogozin said it was not possible for North Korea to have copied such engines without help from Ukrainian specialists and smuggled engines or blueprints.

“In order to make a copy, you need to have either the original engine or detailed blueprints,” he wrote on Facebook.

“And you can’t manage without the Ukrainian specialists capable of and ready to set up production.

“So in one way or another, we are talking about smuggled supplies, evading all the current extremely harsh international bans,” he concluded. media agencies

Now turn of Chinese troops threw stones at Indian soldiers

 Now turn of Chinese troops threw stones at Indian soldiers

Chinese troops threw stones at Indian soldiers near Pangong Lake, officials said
SRINAGAR: Indian and Chinese troops clashed briefly on a disputed area of land in the Himalayas, officials said Wednesday, exacerbating tensions during a months-long stand-off between the two armies.Chinese troops threw stones at Indian soldiers near Pangong Lake, a major tourist attraction in the picturesque mountain region of Ladakh on Tuesday, an Indian defence official said.

He said Chinese soldiers had twice tried to enter the Indian territory but had been pushed back.

“There was a minor incident. There was some stone pelting from the Chinese side but the situation was quickly brought under control,” he told AFP on condition of anonymity.

The brief confrontation was resolved after Indian and Chinese sides retreated to their respective positions, he added.

Police in the north Indian state of Jammu and Kashmir, where Ladakh is located, said clashes were relatively common along the de facto border known as the Line of Actual Control (LAC).

“These things happen every summer but this one was slightly prolonged and more serious but no weapons were used,” a police source in Srinagar told AFP.

The Pangong lake area lies over 4,000 metres (13,000 feet) high on the Tibetan plateau.

Six Generations of Raymond Founder in Family Feuds-Frauds

August16, 2017 (C) Ravinder Singh progressindia2015@gmail.com

Viral Video of Dr. Vijaypat Singhania going bankrupt and his Tycoon son not caring for him is largely not true. This story is additional to LiveMint coverage going back in history of family.

 

http://www.jkcotton.com/about-history.html

As per LiveMint article – Kamlapati founded present day Raymond Group at Kanpur in 1921 which then branched out to many sectors and locations – Mumbai & Kolkata.

 

Born on 7th November 1884, Lala Kamlapatji, the worthy son of Lala Juggilal Singhania, had the determination to lobby for more rights of his fellow countrymen and a vision to make Indian business self reliant. With this inspiration he set up the first cotton mill in northern India JK Cotton Spinning Mill in 1921, exclusively using Indian capital, management and labour. After this, many other enterprises were started. JK Jute Mills Co Ltd, JK Iron & Steel Co Ltd, JK Oil Mills, JK Cotton Manufacturers, JK Hosiery Factory (Calcutta), Motilal Padampat Sugar Mills, Kamla Ice Factory…. an empire was being created. — Website claims to have125 years history.

 

Five generations later Mr. Abhishek Singhania Managing Director of JKT continues the proud business and ethical culture set forth by those before him. Today the JK Organization makes up one of India’s largest conglomerates with an annual turnover exceeding US $ 4 Billion. The group is an association of over 40 companies, employing nearly 50,000 people worldwide inmanufacturing, insurance, chemicals, healthcare, education, retail, software and IT services. The JK Organization has a pioneering history that has been at the leading edge of technology and change for many years.

 

The JK Organisation has a diverse range of business interest in many industry sectors from cement; automobile tyres & tubes; engineering; plastic processing; agrochemicals; cosmetics; audio & video; power transmission; electronics; petrochemicals; steel; pharmaceuticals; food & dairy products; power generation; synthetic fibre; paper; cotton; woollen and jute textiles, computer software and IT services and is at the leading edge and a household name in many countries.

 

http://www.jkcotton.com/pdf/financial_reports/JK-cotton-2017.pdf                                                

Three decades ago Juggilal Kamlapat Cotton Spg & Wvg Mills Co Ltd of Kanpur collected Fixed Deposits from public and SWINDLED all the deposits didn’t pay even first quarterly interest.

 

Buying and selling family companies is routine – and each step of buying and selling brings conflicts and feuds in promoters.

http://www.raymond.in/cr/r_ar_16_17.pdf

As per latest AR – Vijaypat Singhania holds 0.13% and his son Gautam 0.01% share in Raymond.  

 

Vijaypat himself edged out elder brother Ajaypat Singhania from company and years later made his younger son Gautam Managing Director of Raymond. Elder son Madhupati migrated to Singapore – his children want share in ancestral property of Family denied to them than forced deficient settlement earlier.

 

LiveMint reported dispute over sale of J&K House worth Rs.650 Cr and Shareholders of Raymond didn’t approve its sale. J&K House itself may have gone to Raymond group as part of some other family settlement and feud.

 

Only some Movie may unravel mysteries of family feuds Juggilal Singhania next generations. Frauds with non Singhanias should also be part of story.

Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS

Y-77, Hauz Khas, ND -110016, India. Ph: 091- 9871056471, 9718280435, 9650421857

Views are of_: Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS not of Sagar media Inc 

Taiwan suffers massive power cut

TAIPEI: Taiwan suffered a massive power blackout on Tuesday evening that hit businesses and residential homes, affecting close to seven million households on the heavily industrialised island amid sweltering heat.

The outage left millions of homes without power and hit offices and factories on the island of nearly 24 million people, but appeared to have a limited impact on businesses, including some of the world’s leading technology manufacturers.

Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker and a major supplier to Apple Inc, said its operations were not affected, as did electronics manufacturer Pegatron Corp.

ChipMOS Technologies Inc said the outage had not had a big impact on its operations. Its shares fell 2 percent in early trade, lagging a flat broader market.

Power had been fully restored across the island by Wednesday, local media said.

Residents complained as temperatures hovered around 32 degrees Celsius (89.6°F), while the blackout caused havoc as restaurants and small businesses were left without power, traffic lights stopped working and elevators stalled.

The power outage was caused by a human technical error at state-owned gas supplier CPC Corp that affected the operations of a state-owned Taiwan Power Co power plant in northwestern Taoyuan, the two companies said at a news conference on Tuesday evening.

Taiwan Power Co’s outage at its Taoyuan plant caused six generators to stop working, resulting in a massive blackout across Taiwan, the company said.

President Tsai Ing-wen apologised on her Facebook page for the blackout, describing electricity supply as a national security issue.

Relevant government departments needed to quickly explain why a single event could cause such large damage across the country’s electricity system, she said.

“We must reform the system. I will make this an important point for thorough inspection reforms in the future.”

Taiwan’s Minister of Economics Affairs Chih-Kung Lee had offered to resign over the incident, which was accepted by Premier Lin Chuan, the government said.

Lee’s formal resignation letter was expected later this week, it said. If Lee steps down as expected, he will do so just over a year after assuming office.

CPC Corp said it accepted responsibility for the outage and was investigating the cause. The blackout was the country’s most severe since the 1999 Jiji earthquake, Taiwan Power Co said. Media agencies