1. J&K Tourism dazzles in Lord Mayor`s show in London
 The Jammu and Kashmir tourism department
became the first in the country to have taken part in
the Lord Mayor's Show in London.
 It showcased the famed 'Shikara' as a part of the
world's oldest civic procession.
 Participation in the Lord Mayor's Show will be
beneficial for the promotion of Jammu and Kashmir
tourism. The state's float compromised a Shikara
mounted on the top.

2. Contd….
 More that 30 people, wearing traditional dresses
from all three regions of the state, accompanied the
float.
 Over 6,000 people took part in the show, the world's
oldest civic procession, where vehicles, carriages
and floats were paraded on the streets of London.
 It had 200 vehicles including two steamrollers, a
potato harvester, rickshaws, a horse-drawn double-
decker bus and a mobile post office.

3. Foreigners in China can now buy only one home
 Foreigners in China will now be allowed to buy only
one apartment on the mainland under new rules
announced by the government.
 Overseas buyers must provide statements to show
that they do not own other properties on the
mainland.
 Along with it proof of at least one year's employment
in the country before home purchases, the Shanghai
Daily reported citing the Securities Times.

4. Contd…
 Overseas companies can only buy non-residential
properties in cities where they are registered.
 The new laws were announced in a statement issued
jointly by the ministry of housing and urban-rural
development and the state administration of foreign
exchange.
 Previously, foreigners studying and working in China for
at least one year were allowed to buy properties for their
own use.
 This policy, announced in July 2006, did not limit the
number of homes they could buy.

5. Google gives top executives 30% pay raise, up to 250%
bonus
 Internet search giant Google Inc has approved a
handsome pay hike of 30 per cent and bonuses of
250 per cent of the base salary for its top executives
starting next year.
 Google has approved an increase to the annual base
salaries (effective as of January 1, 2011) of its
executive officers,
 After a review of performance and competitive
market data, and as part of a broad-based review of
the company's compensation programs, it said in a
regulatory filing to the US Securities and Exchange
Commission.

6. Contd…
 The news comes days after several media reported
that Google is planning to give a 10 per cent salary
hike to all of its 23,000 employees across the world
starting next year.
 Google, which has a strong presence in India , has a
workforce of about about 2,000 employees

7. Contd…
 The news comes days after several media reported
that Google is planning to give a 10 per cent salary
hike to all of its 23,000 employees across the world
starting next year.
 Google, which has a strong presence in India , has a
workforce of about about 2,000 employees