Friday, November 24, 2017

Xiaomi announces third Indian manufacturing facility in Noida

Xiaomi has become fastest growing smartphone brand in India with a growth rate of nearly 300 per cent year-on-year

Smartphone maker Xiaomi on Tuesday announced its third manufacturing plant in India and the first facility for power banks in partnership with Hipad Technology in Noida, Uttar Pradesh.
Along with this, Xiaomi also announced the launch of two new power banks- 10000mAh Mi Power Bank 2i and 20000mAh Mi Power Bank 2i.
Extending its commitment to the Make in India initiative, Mi Power Bank 2i will be assembled at Hipad Technology's facility in Noida. Hipad Technology's manufacturing unit is a dedicated Power Bank facility for Xiaomi and is spread across 2.3 lakh square feet. The starting production capacity for the facility is nearly seven power banks per minute during its operational hours.
Xiaomi entered India in July 2014 and quickly announced plans to establish its first manufacturing plant for its smartphones. Today, the company has two smartphone manufacturing plants in Sri City, Andhra Pradesh and more than 95 per cent of its smartphones sold in India are assembled locally.
Earlier this year, Xiaomi met Prime Minister Narendra Modi and spoke at length about delivering on Make in India initiative.
"Xiaomi India has seen exponential growth in India and today it enjoys market leadership in the smartphone segment. I believe a key reason for our success in the smartphone segment has been our commitment to India. We want our India Mi Fans to enjoy the best quality technology at an affordable rate, and manufacturing locally helps us achieve our vision. We are extending our commitment of building a truly localised company and hope to bring the ecosystem of world's best power banks to India with our partners Hipad Technology," said vice president Xiaomi and managing director Xiaomi India, Manu Jain.
10000mAh Mi Power Bank 2i features an elegant double anodised aluminium design that is lightweight and 14.2mm slim. Boasting up to 85 per cent conversion rate, it can charge a standard smartphone multiple times. For instance, 10000mAh Mi Power Bank 2i can charge Mi A1 up to 2.2 times or Redmi Note 4 up to 1.5 times. (more)

Thursday, November 23, 2017

Telangana State Recruitment For 277 Posts. Steps To Apply.

The (TSPSC) has come up with an update regarding the recruitment of Assistant Executive Engineers. It has been notified that there are 277 posts for recruitments of Zone 5 and 6 of the State.

Telangana State Public Service Commission (TSPSC) has come up with an update regarding the TSPSC recruitment of Assistant Executive Engineers. It has been notified that there are 277 posts for recruitments of Zone 5 and 6 of the State. It is compulsory for every eligible candidate to first register their basic information through One Time online Registration system and then should apply online for this recruitment of this post. Examination Centres include Hyderabad, Nizamabad, Warangal, Khammam and Karimnagar.
Important Dates:
Starting date for on-line registration of application - 24-11-2017
Closing date of registration of application - 16-12-2017
Last date for printing your Hall Ticket - 7 Days before Exam begins
Eligibility Parameters: The eligible candidates must notice that the Commission can conduct the examination as Computer based Recruitment Test (CBRT) or by means of an offline OMR based examination.
Age: As on 1.07.2017, the candidate must be between 18-44 years. He/She must be born between 2/11/1992 and 1/11/1999. (Candidates born earlier or later to these dates will not be eligible for the exam.) Also, there is relaxation in upper age for certain categories.
Education: The candidate must be a graduate in Civil Engineering from the any recognized University of State or an institution recognized by the University Grants Commission.
Payment of Assistant Executive Engineer: Those who will be selected as the Assistant Executive Engineer can expect the payment to be INR 37100-91450 (RPS 2015)
(Source TSPSC)
How to Apply:
  • Every candidate has to apply online on the TSPSC’s official website www.tspsc.gov.in
  • First, they have to click on the One Time Registration link if it's their first time of registration and those who are registered member can use their previous login details.
  • Follow the instructions carefully and fill out the forms with all the required information.
  • You will have to submit the necessary documents before the payment to complete the procedure.
  • Carefully check the details before paying the fee online.
  • Save the downloaded form for any future reference. (more)

VIP treatment: Woman blasts minister as flight delay makes her miss funeral


Imphal (Manipur), Nov 22 (ANI): A ruckus was created at Imphal Airport after a woman doctor lashed out at Union Minister of State for Electronics and Information Technology Alphons Kannanthanam, after her flight got delay due to VVIP arrival schedule at the airport. The woman shouted at Alphons saying she had to attend to a critical patient but got late because of the delay.
Union minister K J Alphons was confronted by an enraged woman passenger at the Imphal airport over the delay in her Kolkata-bound flight she was taking to rush to Patna to attend a funeral of her relative.
Alphons on Wednesday said he was not responsible for the delay of the flight due to VVIP security protocol after a video footage of the passenger identified as a lady doctor arguing and directing her ire at him on seeing the minister at the Imphal airport went viral.
The video of the incident that happened on Tuesday showed the woman complaining to Alphons about the flight being delayed due to VIP movement.
Alphons, who is Minister of State (Independent Charge) for Tourism, had come to Imphal to attend the Northeast Development summit which was inaugurated by President Ram Nath Kovind on Tuesday. President Kovind's aircraft was due to land in Imphal around the time of departure of the Kolkata-bound aircraft.
"I have to reach Patna. The body is waiting, otherwise the body will decay. I am a doctor, I know that. The body is still at home," the woman can be heard pleading with Alphons, who tries to soothe her anger. She was also heard asking Alphons to give in writing what time her flight would take off.
The woman was booked on an IndiGo flight from Imphal to Kolkata from where she had to take a connecting flight to Patna.
On her repeated insistence to give her in writing as to what time the flight would depart, the minister is heard saying he does not have the authority to do so. (more)

AIIMS on a look out for 194 junior residents

Candidates interested in applying for the non-academic posts can do so at aiimsexams.org

The All India Institute of Medical Sciences (AIIMS), New Delhi has invited online applications for the posts of non-academic junior residents for January 2018 session. A total of 194 posts in different specialties are available. Interested candidates can apply at the official website AIIMS. The terms & conditions are available in detail on Institute websites AIIMS, http://www.aiims.ac.in and www.aiims.edu. The last date to apply is December 9, 2017.
According to an official notification, the selected junior residents will be placed in level 10 of pay matrix (pre-revised pay band-3, Rs.15600 + grade pay (GP) Rs. 5400, and draw an entry pay of Rs. 56,100 per month plus usual allowances. The session will begin in January 2018 and will carry on till the end of June next year.
Eligibility criteria
An autonomous body established under an act of Parliament, AIIMS has invited applications from Indian citizens (including OCI/PIO). Interested candidates should have passed MBBS/BDS, including completion of Internship, or equivalent degree recognized by MCI/DCI. The candidate should have not earlier than three years before the start date of junior residency i.e. January 1, 2018.
DMC/DDC/MCI/State Registration is mandatory before joining, if selected. For all eligible candidates, maximum three terms are allowed. Experience in Army Services, Central Health Services, Private Nursing Homes and Private Practice will be considered as equivalent to junior residency (non-academic).
AIIMS junior resident (non-academic) application process
The complete application in all respect should be submitted online latest by December 9, 2017. Here is a step-by-step guide on how to apply:
  1. Log on to the official website for AIIMS AIIMS
  2. Click on the Recruitment link
  3. Click on the Junior Residents (Non-Academic) January 2018 link
  4. Register and login
  5. Fill in your details in the fields provided
  6. Submit the application
  7. Save and download the application
  8. Take a print out for future reference
According to the notification, the acknowledgement with regard to successful online registration will be forwarded to applicants email ID. However, the status of application will be available on AIIMS website www.aiims.http://ac.in and www.aiims.edu as well as AIIMS on December 18, 2017. Candidates are advised to check position regarding acknowledgement of their online registration/status of application form on the web site www.aiimsexams.org. If the status of a candidate’s Application is not available on website, he/she should immediately write to: (more)

Wednesday, November 22, 2017

GES 2017: Economics, Ivanka and Hyderabad's green card-holding rich beggars

GES 2017 : Two women, aged 50 and 44, both natives of Hyderabad, were among some 30 women caught begging near a dargah

Global Entrepreneurship Summit : Two middle-aged women, who speak English and claim to have worked in western countries, are among those caught while begging on city streets recently.
Telangana Prisons Department, in coordination with police and the civic body, has picked up and admitted 235 male beggars and over 130 women beggars to Anand Ashrams (special homes) since October 20 as part of a drive to make Hyderabad a beggar-free city.
"Two women, aged 50 and 44, both natives of Hyderabad, were among some 30 women caught begging near a dargah in Langer Houz. Police took them to Anand Ashram on November 11," a senior official said.
To their astonishment, the Ashram staff found that the two women spoke English well. The elder of the two told the staff that she had an MBA degree, and once worked as accountant in London before returning here. Her son, who was contacted by the authorities subsequently, confirmed this.
The younger woman said she was a Green Card holder and had worked in the US, said K Arjun Rao, superintendent of the Cherlapalli open-air jail and the Ashram in-charge.
"The fifty-year-old woman, who had lost her husband and was facing certain problems, approached a godman, and on his advise started begging near the dargah. Her son is an architect based in the US," he said.
The younger woman claimed that she started begging after her relatives cheated her out of her share of the ancestral property, he said.
"After taking undertakings (that they would not beg again) from them, we handed over both women to their relatives," the official said.
There are still some 12 women in the Ashram, he said.
The drive began after the Director General (Prisons and Correctional Services) V K Singh told the government that the prison department will take care of the rehabilitation of beggars, on the lines of measures taken for the rehabilitation of prison inmates.
However, the drive was postponed after media reports sought to link it to the scheduled visit of US President Donald Trump's daughter, Ivanka Trump, here for the Global Entrepreneurship Summit starting November 28. The drive would resume later, Singh had said.

After note ban, will Modi govt now ban cheque books for its digital push?

CAIT Secretary General Praveen Khandelwal said the government needs to encourage the use of debit and credit cards

After deciding to revoke the legal tender of Rs 500 and Rs 1,000 currency notes in November last year, the Narendra Modi -led central government might now be working on another disruptive step to boost digital transactions — banning the cheque book. A senior functionary of the Confederation of All India Traders (CAIT) on November 16 said the Centre might withdraw the bank cheque book facility in the "near future" to encourage digital transactions.
CAIT Secretary General Praveen Khandelwal said the government needed to encourage the use of debit and credit cards. "In all probability, the Centre may withdraw the cheque book facility in the near future to encourage digital transactions," he said.
Impact of cheque book facility withdrawal
Demonetisation was a big disruption for most Indians, right from poor labourers to big industrialists. Now, the withdrawal of the cheque book facility could have a massive impact as well. Most business transactions are conducted through cheques. According to experts, 95 per cent transactions currently take place via cash or cheques.
Since cash transactions have declined, transaction by cheque might have increased after demonetisation.
Use of cheque in India
Cheques are fairly popular in SME payments. By taking a PDC (post-dated cheque) against the delivery of goods, a supplier secures payments due in future from its customer. People pay by cheques while buying land and house, too.
Many landlords now take rent from tenants via cheque. Since November 8, 2016, digital payments like BHIM have grown. However, their sweet spot has been small-value payments (two to three figures). The retail and commercial payment usage strongly suggests that cheque is a very compelling method of payment for large-value payments (four figures and above).
Growth of digital transactions
The Narendra Modi-led BJP government has been pushing for a less-cash society. While digital transactions have shown mixed trends since demonetisation, overall cashless payments are much higher than in the pre-demonetisation months. (more)

Tuesday, November 21, 2017

WhatsApp leak: Sebi, bourses checking trade details of over 24 companies

The exchanges are analysing the trade data of the last 12 months of such companies in order to detect any possible breach of norms

Sebi and exchanges have started examining trade details of over two dozen stocks as part of a probe into the alleged leak of key financial details of these companies through WhatsApp while the regulator is also considering seeking call data records of the persons involved.
The companies include several listed blue-chip firms, officials said on the condition of anonymity.
The exchanges are analysing the trade data of the last 12 months of such companies in order to detect any possible breach of norms while Sebi is taking the help of data warehouse and its intelligence systems, they added.
Under Sebi rules, all the financial details of listed companies should be disseminated only through stock exchanges as they are considered price-sensitive.
Besides, Sebi is considering seeking call data records (CDRs) of all the persons involved in alleged circulation of key financial details and other information about listed companies on social media groups before they are made public.
The markets regulator has powers to seek call data records, excluding the exact content of the communication, from telecom firms.
CDRs generally list out the number of conversations between two or more entities and are different from phone- tapping, where an agency can snoop on or record telephonic conversations of those suspected to be engaged in some wrong- doings.
The information about the listed companies is mostly being made through SMSes, WhatsApp and various social media platforms, where names of some established brokerage houses and exchanges are also being misused.
While the Securities and Exchange Board of India (Sebi) has already taken action in several such cases so far, it is investigating a number of others involving similar activities, the official said.
The regulator has already taken action against several entities for providing investment advice without registration. These included MCX Biz Solutions, Moneyworld Research and Advisory, Global Mount Money Research and Advisory, GoCapital, CapitalVia Global Research and one Imtiyaz Hanif Khanda and his maternal uncle Vali Mamad Habib Ghaniwala. (more)