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Showing posts from September, 2016

Surgical strikes: How the world conducts them and how India did it

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Surgical strikes: How the world conducts them and how India did it Indian armed forces conducted   surgical strikes   in the early hours of Thursday across the Line of Control (LoC), involving not more than 100 commandos, in what is seen as a paradigm shift in how this government plans to deal with terrorist camps across the border. The term "surgical strike" has been prevalent in the international media since the days of the Gulf War, and it came to typify operations conducted by the US thereafter. Going by the generally accepted definition offered by experts, a surgical strike comprises a swift, intelligence-driven attack on a specific target or targets with minimum collateral damage to structures, infrastructure or civilians in the target's vicinity. The operation can involve special forces units on the ground, strikes conducted by military aircraft or vessels.   Read More How India conducted its strikes How the big hitters do it Article Source :   B

ICICI Prudential Life Insurance lists below issue price

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ICICI Prudential Life Insurance lists below issue price ICICI Prudential Life Insurance has listed at Rs 330, 1.2% below its issue price of Rs 334 per share, on the National Stock Exchange (NSE). At 10:01 am, the stock was trading at Rs 331.60, after hitting a high of Rs 333.80 post its listing. ICICI Prudential Life Insurance   has raised Rs 6,057-crore through initial public offer (IPO), become the first insurer to list. The company's public issue was oversubscribed 10.5 times. The quota set aside for qualified institutional buyers was subscribed 11.83 times while for the non-institutional investor category, it was 28.55 times. The retail portion was oversubscribed 1.42 times, the exchange data shows. The insurer is a venture between banking major ICICI Bank and UK's Prudential Corporation Holdings. Singapore's Temasek and PremjiInvest are also the shareholders. At the end of financial year 2016 (FY16), ICICI Prudential was the biggest private sector insur

India strikes back as Army conducts surgical strikes across LoC in Pakistan

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India strikes back as Army conducts surgical strikes across LoC in Pakistan The Indian Army conducted   surgical strikes   across the Line of Control (LoC) on Wednesday night on launchpads where terrorists had amassed and positioned themselves to infiltrate into India, Director General Military Operations (DGMO) Lt Gen Ranbir Singh informed the gathered members of the press at the joint briefing following the Cabinet Committee on Security meeting held on Thursday. According to   Times Now , a total of eight surgical strikes were conducted by the   Indian Army . There were no Indian casualties during the operation. Singh said that the strikes were based on credible information and that the terrorists were poised to conduct attacks in Jammu and Kashmir and other major metros in the country. Singh revealed that significant casualties were inflicted on the terrorists in the operation. The DGMO added that he had contacted his Pakistani counterpart to inform him of the operation

Infosys unveils modular e-commerce platform

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Infosys unveils modular e-commerce platform Software major   Infosys   Ltd on Wednesday unveiled a mobile first and modular platform to drive e-commerce programmes across retail channels. The platform has been developed by Skava, a Silicon Valley-based   e-commerce   start-up that the IT major acquired in June 2015 for $120 million, to enable businesses leverage cloud-based micro-services and white label applications to launch new offerings and improve conversion rates of digital channels. "The platform can integrate into present technologies, while providing a future-ready architecture for next-generation shopping experiences leveraging artificial intelligence (AI) and machine learning, natural language processing and virtual reality (VR)," the IT major said. The platform also has a mobile-first responsive web store and native mobile shopping applications that can be managed by non-technical business users through its studio, an intuitive web-based experience man

Indian-origin lawyer shoots 9 in US, killed by police

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Indian-origin lawyer shoots 9 in US, killed by police An Indian-origin lawyer with apparent Nazi sympathies went on an early morning rampage in US' Houston city shooting nine people on Monday before he was killed by police, according to authorities. Nathan Desai   was wearing military-style clothing with Nazisymbols during the 20-minute shooting spree when he fired at passing cars. Police said that they did not know why Desai went on the rampage hitting people at random. Desai's name was written with the 's' capitalised in media reports in Houston, making it sound European, but his father was identified as Prakash Desai. All of his victims survived but one person was critically wounded and five others were hospitalised, Houston's Acting Police Chief Martha Montalvo said. She described the shooter as a lawyer who was having problems at his law firm. When police responded to the shooting, he shot at them and was killed when police returned fire, Montal

US presidential debate: Hillary Clinton, Donald Trump spar over jobs, taxes

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US presidential debate: Hillary Clinton, Donald Trump spar over jobs, taxes Democrat   Hillary Clinton   and Republican Donald Trump took to the stage on Monday to begin their first-ever presidential debate and immediately sparred over jobs, taxes, the Islamic State (IS), guns and the former secretary of state's undisclosed emails, media reports said. Clinton is held to have won the first presidential debate, according to a new CNN/ORC poll. According to the poll of debate watchers, 62 per cent of voters who watched the debate thought Clinton won, while only 27 per cent said that   Donald Trump   came out on top. On prosperity, taxes and jobs Moderator Leslie Holt of   NBC News   opened the 90-minute debate at Hofstra University, Long Island, New York, with the first topic being "Achieving Prosperity", where the first question about putting money back into Americans' pockets and creating jobs was directed to Clinton, CNN   reported. Clinton, the first

Hero launches new Achiever 150 priced up to Rs 62,800

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Hero launches new Achiever 150 priced up to Rs 62,800 Country's largest two wheeler maker Hero MotoCorp on Monday launched an updated version of its premium segment bike   Hero Achiever 150 , priced up to Rs 62,800 (ex-showroom Delhi), as it looks to enhance presence in premium segment. The variant with drum brakes is priced at Rs 61,800 while the one with disc brakes is at Rs 62,800. "The launch of the next generation Achiever 150 is a reiteration of our strong focus on developing new, technologically superior and youthful products across segments for our customers in India and across the globe," Hero MotoCorp Chairman, MD and CEO Pawan Munjal told reporters here.   read more

L&T Technology Services lists 7% higher at Rs 920

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L&T Technology Services lists 7% higher at Rs 920 Benchmark indices continue to trade in a narrow range with negative bias amid weakness among index heavyweight shares. However, the downside is limited due to buying demand among Reliance Industries and HDFC. At 11:00 am, the S&P   BSE   Sensex slipped 29 points at 28,744 and the Nifty50 dipped 7 points to trade at 8,861. Among broader markets, BSE Midcap and Smallcapindices are up 0.4% each. Top losers from the Sensex pack are Axis Bank, Lupin, ICICI Bank, Tata Motors and Infosys, all down between 1%-4.5%. Axis Bank was down over 4% on speculation of SUUTI stake sale in the bank. On the gaining side, TCS, Reliance Inds, Bajaj Auto, Bharti Airtel and HDFC are up almost 1%. Also Read:   IT sector slowdown to hit mid-caps worst L & T Share Price   Technology Services opened at Rs 920 on the National Stock Exchange (NSE) today, against an issue price of Rs 860 per share, at a premium of around 7%. Morepen Labo

Lenovo launches Z2 Plus smartphone priced at Rs 17,999

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Lenovo launches Z2 Plus smartphone priced at Rs 17,999 Chinese smartphone major Lenovo on Thursday launched   Lenovo Z2 Plus   smartphone in India that comes with "U-Health" feature to help users track steps taken and calories burnt. The device comes in two options — 3GB/32GB (priced at Rs 17,999) and 4GB/64GB (priced at Rs 19,999) and will be available on Amazon starting September 25. Z2 Plus features 5-inch full-HD display, Qualcomm Snapdragon 820 processor and comes in fibre glass frame and also packs a U-Touch 2.0 fingerprint sensor that can be used to do seven different functions. The 4G VoLTE-enabled smartphone sports 13MP rear camera and a 8MP front camera and supports 4K capture, 1080p time lapse and slow motion recording. The smartphone will come with a premium chrono case accessory with five different chrono faces. The matte black stealth case worth Rs 699 will come bundled with the phone. Also Read: Le Pro3 smartphone with world's first Sna

Nawaz Sharif's UNGA speech: Top 10 things he said and India's rebuttals to his accusations

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Nawaz Sharif's UNGA speech: Top 10 things he said and India's rebuttals to his accusations Pakistan Prime Minister   Nawaz Sharif   raked up the Kashmir issue at the UN General Assembly on Wednesday and tried to burnish his country's credentials as an opponent of global terrorism. His speech, which also referred to the prevailing situation in Europe and the Middle East, attempted to paint India as an uncooperative neighbour which had rebuffed Sahrif's overtures for peace. His speech came days after suspected Pakistan-based terrorists attacked an Indian army camp in Uri, in Kashmir, and killed 18 Indian soldiers. The four terrorists who participated in the attack were also eliminated by the security forces during the attack. ALSO READ:   Pak PM Sharif should have talked about Balochistan not Kashmir: Baloch activist India for its part reacted very strongly to the Pakistani prime minister's speech, calling it an act of "self-incrimination" on t