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  • By: Priyanka Sharma
  • Presentation on news

    1. 1. Weekend News 10/05/10 By: Priyanka Sharma
    2. 2. <ul><li>The ranks of Indian billionaires grew by a third in 2010 , with the 100 richest holding wealth comparable to that held by the 400 richest in mainland China, Forbes magazine . </li></ul><ul><li>Mukesh Ambani , who controls conglomerate Reliance Industries , remained the richest Indian on the Forbes list with a fortune of $27 billion. </li></ul><ul><li>Shares in his firm have underperformed the market this year, leading to a 15 percent erosion in his wealth. </li></ul>10/05/10 By: Priyanka Sharma
    3. 3. <ul><li>London-based steel tycoon Lakshmi Mittal stayed in the No. 2 slot , but his wealth dropped 13 percent from a year earlier. </li></ul><ul><li>Mukesh Ambani's saw the biggest reduction in wealth dropping to the No. 6 spot from No. 3 a year earlier. </li></ul>10/05/10 By: Priyanka Sharma
    4. 4. <ul><li>Prince Charles and India's President will declare open the Games at Jawaharlal Nehru stadium. </li></ul><ul><li>&quot; Suresh Kalmadi , Chairman of the Organising Committee, received the royal couple here,&quot; a press release from the organisers said. </li></ul><ul><li>&quot;The Prince will spend time with athletes from a broad cross-section of Commonwealth countries,&quot; the release added. </li></ul>10/05/10 By: Priyanka Sharma
    5. 5. <ul><li>This may surprise those aspiring to be engineers, and may even cause a rethink among job seekers: Over 3,800 graduate and 200 postgraduate are set to join SBI in the clerical cadre. </li></ul><ul><li>There were 88,000 successful candidates and 27,000 were finally selected after personal interviews. &quot;It was the biggest such exercise for us,&quot; a senior SBI official said. </li></ul><ul><li>Out of the 27000: </li></ul><ul><li>*3,800 are graduate engineers, </li></ul><ul><li>*200 are postgraduates in different branches of engineering, </li></ul><ul><li>*8,200 are women and </li></ul><ul><li>*2,000 are ex-servicemen. </li></ul>10/05/10 By: Priyanka Sharma
    6. 6. <ul><li>According to a senior HRD professional, it is difficult to believe that engineering graduates are taking up clerical assignments. </li></ul><ul><li>&quot;The country boasts of having a large number of engineering colleges. However, it does appear that we are producing engineers without accessing the manpower requirement,&quot; he said. </li></ul>10/05/10 By: Priyanka Sharma
    7. 7. <ul><li>Indian Bank has raised by 50 basis points to 8.5 percent, with effect from Oct.1. </li></ul><ul><li>It has also raised benchmark PLR by 25 basis points to 12.75 percent, it said in a statement to the Bombay Stock Exchange. </li></ul><ul><li>IOB also said it has raised base rate and by 25 basis points to 8.5 percent and 12.75 percent respectively, excluding housing loans, with effect from Oct. 1. </li></ul><ul><li>Earlier IDBI, Axis and PNB raised base rates. </li></ul>10/05/10 By: Priyanka Sharma
    8. 8. <ul><li>The Indian government has manual access to chat communication on BlackBerry services and expects to get automated access from Jan. 1. </li></ul><ul><li>It won a 60-day reprieve at the end of August after offering India a solution to monitor BlackBerry data, a claim yet to be confirmed by the Canadian firm. </li></ul><ul><li>&quot;We have manual access to the messenger service. We want automated access and we are hopeful of getting it from January 1,&quot; G.K. Pillai, India's home (interior) secretary said. </li></ul>10/05/10 By: Priyanka Sharma
    9. 9. <ul><li>At the moment, security agencies are getting manual printouts of chat messages within four to five hours of placing their requirements with RIM. </li></ul><ul><li>The has threatened to suspend BlackBerry Messenger, email and web browser services from Oct. 11 unless the government gets access to encrypted messages. </li></ul>10/05/10 By: Priyanka Sharma
    10. 10. <ul><li>Technology czar has committed to put aside well over 10% of his wealth for philanthropic ventures. </li></ul><ul><li>These ventures, under the Shiv Nadar Foundation, span building and running free schools, a proposed university and a museum of art. </li></ul><ul><li>Mr Nadar’s personal wealth, based only on his shareholding in listed companies, including HCL Technologies and HCL Infosystems , is pegged at about Rs 15,000 crore. </li></ul>10/05/10 By: Priyanka Sharma
    11. 11. <ul><li>In the next five years, his philanthropic educational projects will entail an expenditure of Rs 4,000 crore. </li></ul><ul><li>He sold a 2.5% equity in HCL Technologies this June and pumped the entire Rs 585 crore proceeds into his philanthropic efforts. </li></ul>10/05/10 By: Priyanka Sharma
    12. 12. 10/05/10 By: Priyanka Sharma

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