Sunday, 23 July 2017
90000 CRORE'S - Mobiles worth Rs 90,000 crore produced in India in 2016-17: Government
New Delhi, Jul 21 () Mobile phones worth Rs 90,000 crore were produced in the country last fiscal, while imports of handsets stood at USD 3.7 billion (about Rs 24,364 crore) during the period, Parliament was informed today.
India, which is one of the largest telecom markets globally, has seen production of mobile handsets grow at a steady pace over the past few years.
"During 2014-15, mobile handsets worth Rs 18,900 crore were produced in India, which increased to Rs 54,000 crore in 2015-16 and further to Rs 90,000 crore in 2016-17," Telecom Minister Manoj Sinha said in a written reply to the Rajya Sabha.
Domestic production of cellular mobile handsets witnessed a growth of 185 per cent in value terms in 2015-16 compared to 2014-15 and 67 per cent in 2016-17 as against 2015-16, he said.
Sinha noted that during the said time-frame, import of mobile handsets declined from 210 million devices (worth USD 7,948 million) in 2014-15 to 146 million units (USD 6,059 million) in 2015-16.
Imports further fell to 76 million units (USD 3,788 million) in 2016-17, he said.
The minister said all major brands (both foreign and Indian) have either already set up their own manufacturing facilities or are in the process of doing so.
Some companies have also sub-contracted manufacturing to Electronics Manufacturing Services (EMS) companies operating from India.
These factories are located in regions like Andhra Pradesh, Delhi, Haryana, Uttarakhand and Himachal Pradesh.
To promote indigenous manufacturing in India, the government has introduced differential excise duty on cellular mobile handsets in the Union budget of 2015-16, Sinha said
.
"The Government of India has notified the Phased Manufacturing Programme (PMP) to promote indigenous manufacturing of cellular mobile handsets and its sub- assemblies... Basic Customs Duty (BCD) of 10 per cent has been imposed on cellular mobile handsets and identified parts thereof," he added. SR MKJ
Indian Bank's Q1 net profit up 21% on robust other income - LATEST FROM INDIAN BANK
Indian Bank’s net profits rose by 21 per cent to Rs 372 crore in the first quarter ended June 2017, backed by robust growth in other income.
The Chennai-based public sector bank had posted net profits of Rs 307 crore in April-June 2016.
Its net interest income, interest income minus interest expenses, rose by 18 per cent to Rs 1,460 crore in the first quarter of FY18 from Rs 1,237 crore in the year-ago quarter.
Other income, comprising fees, commissions, and treasury revenues, rose by 48 per cent to Rs 652 crore in April-June 2017 from Rs 441 crore in the first quarter of FY17.
Kishor Kharat, managing director and chief executive officer, told Business Standard the bank was looking to raise equity capital of around Rs 1,200 crore by the end of the current calendar year.
It may issue around 47.5 million shares as part of the offer. Its capital adequacy ratio (CAR) stood at 13.58 per cent.
Gross NPAs rose to 7.21 per cent at the end of June 2017 from 6.97 per cent in June 2016.
The net NPA position improved to 4.05 per cent from 4.48 per cent a year ago. He said NPAs were in control. Gross NPAs dropped to 7.21 per cent from 7.47 per cent in the previous quarter. By the end of the year, the bank wants to bring it to 5 per cent.
Its provisions for NPAs more than doubled to Rs 681 crore in the first quarter of FY18 from Rs 327 crore in the year-ago quarter.
The provision coverage ratio (PCR), indicating the strength of the balance sheet to absorb stress, stood at 61.65 per cent at the end of June 2017.
Public sector lender Indian Bank's profit increased 21.2 percent year-on-year to Rs 372.4 crore in June quarter despite higher provisions. The growth was driven by net interest income, operating income and other income, with improvement in asset quality.
Net interest income, the difference between interest earned and interest expended, grew by 18.1 percent to Rs 1,460.5 crore compared with year-ago quarter.
Asset quality improved during the quarter as gross non-performing assets declined to 7.21 percent from 7.47 percent and net NPAs declined to 4.05 percent from 7.39 percent.
While addressing press conference, Kishor Kharat, Managing Director & Chief Executive Officer said slippages declined to Rs 604 crore in June quarter against Rs 668 crore in March quarter.
It has total of 11 accounts under 5/25, with exposure of Rs 1,350 crore; 14 accounts under SDR, with exposure of Rs 1,316 crore and 4 accounts under S4A, with exposure of Rs 230 crore in June quarter, he said.
He further said the bank identified portfolio of Rs 535 crore, which will be sold to asset reconstruction companies in Q2FY18.
"We are targeting return on assets of 1 percent in the short term and targeting to bring down gross NPA below 5 percent," he said.
Standard restructured book at the end of June quarter stood at Rs 6,294 crore. Indian Bank has exposure worth Rs 2,800 crore to 8 of 12 accounts identified by RBI under Insolvency and Bankruptcy Code.
Provision coverage ratio also improved to 61.7 percent from 58.1 percent on sequential basis.
Provisions for bad loans jumped 71.6 percent year-on-year to Rs 715.5 crore but declined 11.3 sequentially.
Other income (non-interest income) during the quarter shot up 47.6 percent to Rs 652.07 crore and operating profit increased 38.66 percent to Rs 1,252.4 crore compared with corresponding quarter of last fiscal.
At 12:57 hours IST, the stock price was quoting at Rs 336.00, up Rs 5.55, or 1.68 percent on the BSE.
Mahesh Babu's Daughter Sitara Turns 5. Namrata Shirodkar Posts Pics Of Birthday Celebrations and also see Latest From SPYDER Movie
Mahesh Babu and Namrata Shirodkar's daughter Sitara is celebrating her fifth birthday today. The actor posted a beautiful collage of their pictures on Twitter with a sweet message
"She makes each day of mine special," Mahesh Babu tweeted
Sitara is celebrating the day with family
A couple of weeks ago, Sitara visited Mahesh Babu on the sets of SPYder
Sithara, Telugu Superstar Mahesh Babu and Namrata Shirodkar's daughter, is celebrating her fifth birthday today. The doting father posted a beautiful collage of their pictures on Twitter with a sweet message while Sitara's mother Namrata gave a sneak peek of the birthday celebrations. "She makes each day of mine special! Today is hers :) more love, infinite happiness to my little one on her special day. My daughter turns 5," Mahesh Babu captioned his picture with Sitara, adding a heart emoticon. Sitara seems is celebrating her special day with the family and actress Shilpa Shirodkar and her daughter. (Shilpa is Namrata's elder sister). Mahesh Babu married to Namrata Shirodkar, a former actress, in 2005. Sitara has an elder brother Gautam.
Saturday, 22 July 2017
SON of Sachin - Arjun Tendulkar turned up as a nets bowler for the India women's cricket team on Saturday
ICC Women's World Cup: Ahead Of Final, India Women's Team Has 'Special' Nets Bowler
Cricket legend Sachin Tendulkar's son, Arjun, was recently spotted training with the England men's cricket team ahead of their first Test against South Africa. Known to spend time at the Lord's Cricket Ground during this time of the year, Arjun turned up as a nets bowler for the India women's cricket team on Saturday. Arjun, a left-arm pacer, is quite a handful as England's Jonny Bairstow found out earlier in the month. The right-hander was hit on the foot by Arjun's yorker, forcing him to limp out of the nets after playing just one ball. The 27-year-old's left foot was placed briefly in a compression unit to reduce the pain. Last year, Arjun was selected in the Under-16 West Zone squad for an inter-zonal tournament.
The India team's run at the World Cup has been terrific so far. They've reached the final for the second time and are looking to win their maiden title against thrice winners England. They've beaten tough teams such as Pakistan, Australia, New Zealand and South Africa en route while specific members have gone on to make impressive records.
Though England hold a numerical advantage of having beaten India six out the 10 times the teams have met in the World Cup, one can't discount India's recent run in the tournament.
The toss will also play an important part in the final. As seen in the tournament so far, the team chasing always has more pressure to deal with.
History awaits India in Women's World Cup final - SUCCESS STORY - LATEST FROM WORLD CRICKET
LONDON: India have the chance to alter the course of cricket history when they face hosts England in the Women's World Cup final at Lord's on Sunday. Since the tournament's inception in 1973 - two years before the men's World Cup started - it has been dominated by England and Australia, with New Zealand, in 2000, the only other country to have won the event.
The final sees this year's edition come full circle, with India having upset the form book to beat England by 35 runs in the tournament opener in Derby on June 24.
"It isn't going to be easy for England," promised India captain Mithali Raj after her side's stunning semi-final win over six-times champions Australia in Derby on Thursday.
A 36-run victory over the title-holders was built on Harmanpreet Kaur's stunning 171 not out. An innings full of correct yet powerful shots ought to have banished any remaining stereotypes about 'demure' women's cricket in general and the India team in particular. Certainly there was nothing 'ladylike' about the fiercely competitive Kaur's angry reaction towards batting partner Deepti Sharma after almost being run out on 98.
For Raj and India pace bowler Jhulan Goswami, the leading run-scorer and wicket-taker in women's one-day international history respectively, this could be the last chance the two 34-year-olds have to win the World Cup. But the significance of the day goes far beyond what it means to their cricket careers. India's win in the 1983 men's World Cup final at Lord's turned the country on to limited overs cricket and led the world's second-most populous nation to become the sport's financial powerhouse.
An India win on Sunday could have equally far-reaching consequences, as Raj acknowledged. "It's an opportunity for the Indian team to make it big in India," Raj, appearing in her second World Cup final 12 years after her first, told ESPNCricinfo.
"Everybody will be glued to the television on Sunday," she added while recalling how India's 98-run defeat by Australia in the 2005 final at Centurion, South Africa, was not even broadcast. If we can pull it off, there will be nothing like it. It will help the future of women's cricket."
One pleasing aspect for India of this World Cup is that they have not been over-reliant on Raj and Goswami, who nevertheless produced the delivery of the tournament to bowl Australia captain Meg Lanning for nought in the semi-final. The likes of Smriti Mandhana, Punam Raut and Sharma have also stepped up when needed.
England, since their opening defeat by India, have had the potentially useful experience of winning two close games, defeating Australia by three runs in pool play before seeing off South Africa by just two wickets in a semi-final where they stumbled chasing a modest target of 219 in Bristol on Tuesday.
England captain Heather Knight is one of several seasoned campaigners along with bowlers Jenny Gunn and Katherine Brunt. But Sarah Taylor, who took heart from the way England had scrapped hard for wins, has arguably been the team's star performer.
"We can take a lot of pride into this game regardless of what's going to happen," Taylor said. "We've worked really hard to get here and we've fought like anything."
Taylor underlined her standing as the best wicket-keeper in the women's game with a superb stumping in a semi-final where she also made 54. Her performances have been all the more impressive given Taylor spent 12 months out of the game with anxiety issues.
"A year ago I wasn't even thinking that I could potentially play cricket again, so this is massive," Taylor said, adding she now relished the prospect of appearing in a final in front of a sold-out crowd of more than 26,000 at 'the home of cricket'. "You want to play at Lord's, you want to play in a World Cup final and you want to play in front of a packed house -- that's the situation you want and we've got it."
BCCI announces 50 Lakh cash prize for India Women's team - Latest From Women's World Cup
The Indian Women's team had finished third on the points table after the league round with 10 points, with five wins in seven matches. They then beat Australia convincingly by 36 runs in the semifinal riding on Harmanpreet Kaur's 171. They will now face England in the final at Lord's on Sunday (July 23).
This announcement from the BCCI before the final is sure to lift the spirits of the side even further. "I would like to congratulate the Indian Women's Cricket Team for their exemplary show in the ICC Women's World Cup," Vinod Rai, the Chairman of COA said in a release. "The team has shown tremendous character and the girls have raised the bar with each passing game under the able leadership of Mithali Raj. The Women's World Cup has been widely followed across India and this team's spirit and performance on the field has won admirers all over the world. I am sure this team has inspired the next generation of cricketers and many more girls will take up the sport in the years to come."
CK Khanna, the acting president of the BCCI, congratulated the side for their showing. "The BCCI acknowledges the performance of the Indian Women's Cricket Team that has qualified for the final of the ICC Women's World Cup 2017," he said. "The team has a good blend of young talent and experienced campaigners in Captain Mithali Raj and Jhulan Goswami. The all-round performance was on display in the semi-final against Australia Women, who have won the World Cup six times. The fearless batting of Harmanpreet Kaur mirrors the team's approach under pressure."
"The BCCI would like to announce a cash prize of INR 50 lakh to each member of the squad and INR 25 lakh to each member of the Support Staff," Amitabh Choudhary, the acting honorary secretary of the BCCI, said. "We wish them the best as they prepare for their biggest match tomorrow at the Lord's Cricket Ground," he added.
Friday, 21 July 2017
FREE JIO PHONE - HOW TO FILL DETAILS & DEPOSIT TO GET JIO MOBILE - Jio Is Giving 4G Phone For Free See Full Details Here- JIO PHONE Launched
India's wealthiest man Mukesh Ambani announced the launch of Jio "intelligent" phone, offering life-long free voice calls bundled with 4G data streaming at an "effective price of zero".
Ambani, who had taken the telecom sector by surprise with free voice calls and data last year, announced the next leap at the company's 40th shareholder meeting.
The phone, targeted at 50 crore feature phone users in the country, will be available for pre-booking from 24 August on payment of a refundable security deposit of Rs 1,500. This deposit will be refunded after 36 months on return of the phone, he said, adding that the price of the phone will be "effective zero".
He used the occasion to introduce his twin children, Akash and Isha, who presented the phone features that include calls and text messaging on voice command, Internet surfing and cable to connect the device to TV to view content, including videos.
"JioPhone will make the 2G feature phone obsolete," Ambani claimed, adding that the company is looking to bring 5 million phones to the market a week.
The JioPhone will be available for user testing in beta mode from 15 August and for pre-booking from 24 August.
Jio Feature Phone Key Announcements:
- Will go on pre-booking from 24 August
- Will be available for free of cost
- Consumers to pay Rs 1,500 as refundable security deposit for 3 years
- 2.4-inch display
- Supports digital payment via NFC
- SD card slot for memory expansion
- Torch light
- Supports 4G VoLTE for calls and data
- New set of data plans, starting at Rs 153 for the device
It seems Jio wants to make sure they have enough JioPhones in stock. The pre-booking date for the phone has been slated for 24 August.
The phone is likely to host HTML5 apps which will be designed by India-based developers. It remains to be seen how that works out.
''Free of Cost'' JioPhone
Yes, you read that right.
Jio will offer its feature phone for Rs 0. Mukesh Ambani. The JioPhone offers host of features that offer the following: A distress call system, Jio Music, Jio Cinema, Jio TV, Powerful speaker and Supports 22 major languages.
New set of data plans under Dhan Dhana Dhan offer announced.
For Rs 153 every month, users get free voice calls, unlimited data, and subscribe to Jio apps for free, Ambani says.
JioPhone Supports Digital Payment
The phone also supports near field communication (NFC) which can be used to make digital payments, just like how Apple Pay and Samsung Pay works.
What Jio Feature Phone Offers
Long press number 5 on the Jio feature phone, and a distress message will be sent over to registered contacts.
You can even listen to PM Modi's podcast Mann ki Baat on the Jio feature phone. Interestingly, looks like the NaMo app will come pre-loaded on the device.
Jio Feature Phone Launched
Mukesh Ambani has unveiled the Jio feature phone. For more details on this product, Akash Ambani will take over the proceedings of the presentation.
Akash Ambani runs a demo of the the phone. He makes a phonecall from the phone and receives a voice text message.
Biggest migration from free to paid customers, achieved by Reliance Jio this year. Jio Prime members will continue to benefit with Jio DDD and EDMV Plans, Ambani promises.
And finally, he talks about feature phones, by highlighting, 50 crore phone users left out of digital revolution. So, the feature phone announcement looks imminent now.
Now, it’s time for Reliance Jio. Mukesh Ambani stating the company’s feat of becoming a big telecom player since its launch 10 months back.
In 6 months of Jio's launch data consumption has gone from 20 crore GB to 1 crore GB, claims Mukesh Ambani. India is the largest mobile video network in thew world. Before Jio, India was ranked as 154th country.
Mukesh Ambani is on stage highlighting the impressive growth that Reliance Industries has made over the past couple of decades.
Collection Of Latest Seminar Topics For CSE 2017 -Seminar Topics For Computer Science Students Latest
CLICK THIS LINK FOR FULL DETAILS ON SEMINAR TOPICS http://www.seminarstopics.com/branch/latest-seminar-topics-for-cse-2017
Wednesday, 19 July 2017
Your age + Year of Birth = This Year -----This Comes Only For Every 1000 Years.. See Details here
Only today
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Your age + Year of birth
The total will be 2017
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