Dinesh K Sarraf appointed as new Chairman and Managing Director of ONGC (Oil and Natural Gas Corporation). Currently he is acting as Managing Director for ONGC Videsh Ltd (OVL). Current CMD of ONGC is Sudhir Vasudeva. Mr. Sudhir’s tenure will complete in February 2014. Mr. Dinesh’s appointment was approved by Cabinet committee and Prime Minister who is heading the committee.
New Chairman of Computer Science India, Vizag, is TK Chand
TK Chand appointed as new Chairman for the Computer Science India, Vizag Chapter. He is director commercial of Visakhapatnam steel plant. In this occasion he requested IT Professional to take the advantage of decreasing the value of the rupees by exporting IT products. He also stated that in order to increase the efficiency in productivity computerisation is essential. PC Mahapatra was appointed as Vice Chairman of the chapter. Current he is acting as Executive Director (Projects) of RINL.
Electronic Passbook launched by Federal Bank
Electronic Passbook was launched by Federal Bank. This helps the customers to view their transactions in smart phones. This is the first bank to introduce this system. On the android platform this application can be loaded freely. IOS and window version will be available in October, as stated by Surendran, head of Retail and International Operations of Federal Bank.
NR Narayana Murthy Quits as Chairman
From NPCI (National Payments Corporation of India) NR Narayana Murthy quits. Now he has taken charge as executive chairman of Infosys. NPCI is the backbone for the IT which connects ATM’s of all the banks. It is the best promoter of Rupay for Indian alternative to Visa and MasterCard.
Sinopec, Chinese Oil Giant, Purchased Apache’s Egypt Business
1/3rd of Apache’s Egyptian oil and gas business of US firm was purchased by Sinopec, Chinese oil giant. Cost of this stake is $ 3.1 billion. This is the Sinopec’s first entry in to Egypt’s upstream oil and gas sector.
India Won against Malaysia, Enter into Finals
In 9th Asia Cup Hockey tournament, India won against Malaysia and entered into finals. Korea already entered into finals.
Manu Gandas won Tata Steel Tamilnadu Amateur title
At Coimbatore Golf Club, Manu Gandas captured Tata Steel Tamilnadu Amateur Title. To attain this title he defeated Syed Saqid Ahmed. Manu at 8 under 280, Aman Raj came third at 284, Udayan Mane placed fourth at 287, and Karan Taunk was fifth at 289.
GSAT Launched Successfully
India’s first military Satellite GSAT -7 has launched successfully. This was launched by European rocket. In an impressive launch, telecast live by Doordarshan, Ariane 5 Precisely placed Rs.185 crores home built communication spacecraft into intended GTO (Geosynchronous Transfer Orbit) after the flight of 35 minutes and 25 seconds duration. Launching cost of this satellite is Rs.470 crores including insurance.
2 Lakh Home PC’s are used to invent 24 pulsars
2 Lakh Home PC’s Power was used by the scientists to take an inventory of Milky Way and add 24 pulsars to the cosmic census. Pulsars are extremely dense neutron stars and strongly magnitised. Using the computer, international team for Gravitational Physics and for Radio Astronomy discovered 24 pulsars. This team was lead by Scientists from Max Planck Institutes.
Persons Cognitive Abilities will reduce due to Poverty
India and USA conducted a study on the person’s Cognitive ability. They have stated that poverty and the problems will reduce person’s cognitive abilities. This mental strain could be costing poor people up to 13 IQ points. Along with IQ they will also loss entire night sleep. This leads to make mistakes and bad decisions. This study was conducted under the leadership of Jiaying Zhao. He made the study in the lab of co-author Elder Shafir from Princeton University.
Japanese Unemployment rate declined to 3.8 %
Japanese Government declared that by the month of July 2013 unemployment rate declined to 3.8 %. This is the second consecutive month decline of the unemployment rate. Ministry of Internal Affairs and Communications has stated that unemployment rate is declined to 3.3 % in the women as against 3.5 % in the month of June. Unemployment rate in the man is 4.2 % in the on the month of July as against 4.1 % in the month of June.
8107 applicants from India for one way trip to mars
As on August 27th 2013, 8017 applicants from India signed up for one way trip to mars. Among all the counties in the world India placed in 4th Position. Top 10 countries for mar trip enrolment numbers are USA – 37,85; China – 13,214 ; Brazil – 8686 ; India – 8170; Russia – 7138; Britain – 6999; Mexico – 6771; Canada- 6593; Spain – 3621; Philippines – 3516 as on 22nd August 2013 , stated by Aashima Dogra of Mars One.
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