Friday, 30 November 2012

Yahoo’s New CEO Marissa Mayer Has A Fortune To Share






The Monday announcement of the new CEO joining for Yahoo had another announcement  to accompany. The new chief executive officer of the company, Marissa Mayer  announced the good news of her pregnancy with a boy child to be born on Oct 7 this year. Mayer reported to the Fortune reporter through an interview for a couple of hours. 

She said that her son was quite mobile just as his parents, and more like his mother who recently switched from Google to Yahoo.



Mayer is 37 now, and had started her career as Google’s 20th employee. She had the responsibilities of maintaining the Google Maps and Google Earth technologies. Other than this, she was the leader in the Zagat project for the year 2011. She headed Google as vice-president for 13 years and was the first lady employee for Google.



Mayer’s first computer had been bought only at college. She started with being a paediatric neurosurgeon and then ended up with completing her academics with a huge mix of subjects like symbolic systems, philosophy and computer science.

She had 14 job offers after graduating. She hired an economist and worked hard by herself as well to find a solution. The motive was to get the best job selection in terms of success, lifestyle, location, career trajectory, etc.



Her thoughts convey that women employees in the tech industry are minute because of the traditional idealistic beliefs about a computer programmer is to be “a geek”. But, she suggests that women must find places where they could try unique projects and work with people who believe in them. This leads to a good pay off.
















Dream require effortless sleep where as Aim require Sleepless Efforts,



There is only difference between Dream & Aim, 
Dream require effortless sleep where 
as Aim require Sleepless Efforts, 
Sleep for Dreams & wake up with Aims!!! 





Thursday, 29 November 2012

Pilots of Kingfisher Airlines Ltd would approach the Aviation regulator Directorate General of Civil Aviation (DGCA) to pay them their pending salary





Pilots of Kingfisher Airlines Ltd said on Thursday that they would approach the aviation regulator Directorate General of Civil Aviation (DGCA) to intervene if management doesn’t pay them their pending salary for May by the end of this month. The grounded airline hasn’t paid the May salary to half its employees.
In a letter to chief executive officer Sanjay Aggarwal, pilots recalled that they had been promised that they would be paid their May salary before Diwali, which fell on 13 November.
“However, most of us are still waiting for the same in-spite of two weeks having past beyond the promised deadline,” said the letter,

“It may be appreciated that it is becoming extremely difficult to survive in this environment of uncertainty, which may further erode the confidence/trust in the management. This can be avoided by immediately crediting the May salary by 30th November 2012 failing which we will be left with no choice but to approach regulatory authority, media or take any other necessary required action,” the letter said.
According to a settlement reached earlier, employees were to be paid their April salaries by 31 October and May salary by 12 November. Salaries for the months of June-September were to be paid once the company is recapitalized. From October on, the company will pay salaries a month late, which means the October salary will be paid by the last week of December.

The engineers and Pilots of Dr Vijay Mallya-controlled Kingfisher Airlines, who had resorted to indefinite strike starting 1 October, resumed work on 25 October after reaching a settlement on salaries.

DGCA asked the airline on 5 October to demonstrate why its permit to fly should not be suspended or cancelled for failing to establish a “safe, efficient and reliable service” and gave it 15 days to submit a reply.

On 26 October,  Kingfisher Airlines needs more than $1 billion to fully fund a turnaround business plan.

The airline is looking at resuming operations by the third or fourth week of November, if the regulator revokes the suspension of its licence and allows it to fly.






No work & all pay for state civil aviation staff
Times of India
BHUBANESWAR: At a time when the aviation sector in the state is seeing a flurry of activities and the Biju Patnaik airport is set to get the coveted international status, the state civil aviationdepartment has no work to do. For the last five years ...
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US Law Underscores Need for Global Action on Aviation Emissions
Energy Collective
President Obama's signature on a law authorizing the Secretary of Transportation to bar U.S. airlines from participating in the European Union's emissions trading system underscores the urgent need for a global approach to reducing greenhouse gas ...
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Kingfisher pilots threaten to approach DGCA over salaries
Livemint
Mumbai: Pilots of Kingfisher Airlines Ltd said on Thursday that they would approach the aviation regulator Directorate General of Civil Aviation (DGCA) to intervene if management doesn't pay them their pending salary for May by the end of this month.
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Livemint
US Signs Into Law Bill Calling for Global Solution to Aviation's Carbon Pollution
Huffington Post
President Obama signed into law a bill that would send a signal that it is way past time for aviationto reduce its global warming pollution. At the same time the White House signalled its commitment to securing a global solution to reduce aviation's ...
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RAK Department of Civil Aviation celebrates 41st UAE National Day showcasing ...
AME Info
Under the patronage of H.E Engr Sheikh Salem Bin Sultan Al Qasimi, Chairman of the Department of Civil Aviation Ras Al Khaimah, Department of Civil Aviation celebrated the 41st National Day of the State of the United Arab Emirates on Wednesday, ...
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James Hogan named CAPA Aviation Executive of the Year
Al-Bawaba
The CAPA Aviation Executive of the Year is awarded to the executive who has had the greatest individual influence on the aviation industry, demonstrating outstanding strategic thinking and innovative direction for the growth of the business and the ...
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Al-Bawaba
Falcon Aviation Services celebrates UAE National Day
AME Info
Falcon Aviation Services (FAS), of Abu Dhabi will once again take to the skies on UAE National Day with the worlds largest flying aerial banner. The aerial banner, depicting the UAE National Flag, will be towed under a FAS Bell 412 Helicopter along the ...
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3 Indian Institute of Management IIM-Indore students Expelled for Taking Drugs




Three students of the post graduate programme of management at Indian Institute of Management in Indore have been expelled after they were allegedly caught taking drugs.
On Wednesday, the hostel staff had spotted the second year MBA students consuming narcotics and informed the


faculty incharge of the hostel professor Siddharth Rastogi.

Rastogi immediately reached the hostel premises in the campus at Prabandha Shikhar Rau and caught them red handed. This is the second case in a year of such kind.

In February two students from Integrated Programme in Management and PGP were also found taking drugs. They were rusticated first but were later pardoned and allowed to complete their courses.

In the recent case a preliminary inquiry was conducted by the officers at the hostel on Wednesday after which a detailed investigation was done by the disciplinary committee at the institute.

“The committee found the student guilty of the offence and submitted the report to the director. The students then filed an appeal with the director asking for some relief and second chance but the director rejected their plea,” said IIM-I public relation officer Akthar Parvez.

Looking at the gravity of the issue the authorities concealed the identity of the students to protcet their future prospects.

Parents of the students were informed immediately about the incident.

They reached the institute, and requested the director to pardon the students but the institute decided to stand by its action probably with a hope that it might act as a deterrent in future.

When HT contacted IIM I Director Dr N Ravichandran he refused to comment on the issue and said, “When someone dies you don’t go to his house to ask how you feel. It is a sensitive issue. I am in Mumbai so contact me after a couple of days.”

  1. IIM-Indore annual fest 'Utsah' ends

    Times of India-28-Nov-2012
    INDORE: The fifth annual three-day rural marketing event 'Utsah' - an initiative of the Indian Institute of Management - Indore (IIM-I) concluded ...
  2. Drug case: IIM-Indore expels students for taking narcotics

    India Today-26-Nov-2012
    The expulsion of three students from Indian Institute of ManagementIndore (IIM-I) on the charge of taking drugs in a hostel has raised a ...
  3. No IIM education for 3 IIM Indore's students expelled for consuming ...

    PaGalGuY.com-26-Nov-2012
    The three students of the Indian Institute of Management (IIM) Indore who were expelled from the institute on Friday are not permitted to seek ...
  4. Three IIM-Indore students expelled for consuming drugs in hostel

    Hindustan Times-23-Nov-2012
    Three IIM-Indore students expelled for consuming drugs in hostel ... of management at Indian Institute of Management in Indore have been ...
  5. Three IIM-Indore students caught taking drugs in hostel room, expelled

    IBNLive-23-Nov-2012
    Indore: Three students of Indian Institute of Management in Indore were ... by the staff," saidIIM-Indore spokesman Parvez Akhtar on Friday.
  6. IIM, Ahmedabad wins the CFA Institute Research Challenge India ...

    CoolAvenues-17 hours ago
    The Central Zonal winners - Indian Institute of Management... IIM Indore; SCMHRD Pane and Nirma Institute of Management, Ahmedabad.
  7. Students enjoy life @ IIM Indore to the brim

    MBAUniverse.com-12-Nov-2012
    Seated in the lap of nature, away from the hullabaloo of the city, Indian Institute Management (IIM) Indore has a refreshing aura of serenity and ...
  8. Seminar on new warfare tech at IIM-Indore

    Daily Bhaskar-17-Nov-2012
    Indore: Students of Indian Institute of ManagementIndore (IIM-I) got an insight on the emerging warfare techniques and the major challenges ...
  9. Three IIM-Indore students expelled for taking drugs

    NitiCentral-23-Nov-2012
    Three IIM-Indore students expelled for taking drugs ... in the prestigious Indian Institute of Management-Indore, three students were expelled on ...

Pilot dies in Texas plane crash : Cessna 421




Pilot dies in Texas plane crash, alone on board

WELLS, Texas (AP) - Officials say the pilot of a twin-engine plane died in a fiery East Texas crash during a flight from Houston to Oklahoma.

Department of Public Safety Trooper David Hendry said Tuesday the pilot, whose name wasn't immediately released, was alone on board.

The Federal Aviation Administration says searchers found the Cessna 421 wreckage Monday night in a field near Wells, about 140 miles northeast of Houston.

The plane was en route from West Houston Airport to Tulsa Riverside Airport when contact was lost around 9:30 p.m. Monday amid possible bad weather.

A National Transportation Safety Board spokesman says their investigators arrived Tuesday.


Authorities confirm Traer man killed in small plane crash
Waterloo Cedar Falls Courier
11 a.m. - TRAER, Iowa --- A plane crash that killed a Traer pilot and injured his passenger occurred when the craft struck utility line, according to the Federal Aviation Administration. The official cause of the accident, which happened on the edge of ...
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Plane crashes near Blair auto dealership
Lincoln Journal Star
A Washington County emergency dispatcher confirmed that the plane went down at about 5:30 p.m. Thursday near U.S. 30 and Nebraska 133, on the city's southern edge. Witnesses say the plane crashed into a hill known as "Truck Mountain," where a local ...
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French court overturns Continental Airlines' conviction in crash of supersonic ...
Washington Post
Parties including Air France and Continental compensated the families of most victims years ago, so financial claims were not the trial's focus — the main goal was to assign responsibility. In France, unlike in many other countries, plane crashes ...
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Experimental aircraft buffs shocked at Ore. crash; popular plane described as ...
The Republic
PORTLAND, Oregon — The crash of a two-seater experimental airplane this week in the Willamette Valley has shocked people who build their own aircraft from kits or plans. They consider the planedesigned by an Aurora company, Van's Aircraft, one of the ...
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'Flightcrash lands & 'Red Dawn' not worth its $1M makeover
Clarksdale Press Register
Flight”: Commercial pilot Whip Whitaker (Denzel Washington) pulls off a major miracle by crash-landing a badly damaged jetliner and saving the majority of its passengers. The following investigation reveals Whitaker was legally drunk at the time of ...
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New plane travel policy proposed at Oklahoma State
SI.com
The crash that killed Budke, assistant coach Miranda Serna, pilot Olin Branstetter and his wife, Paula Branstetter, was the second plane crash tragedy to affect Oklahoma State in 11 years. More College Basketball. Latest College Basketball News. Seth ...
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Today in Dallas photo history – 1949: 28 die in plane crash at Dallas Love Field
Dallas Morning News (blog)
This picture of the American Airlines plane crash Wednesday shows the path of the big DC-6 as it fell in the northwest end of Love Field, killing twenty-eight persons. Photo by Squire Haskins. From The Dallas Morning News, November 30, 1949. WORST ...
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UMaine holds service for 3 killed in plane crash
Boston.com
More than 500 people gathered for a memorial service at the University of Maine Tuesday night to honor three fraternity brothers killed in a plane crash. Members of the university's Greek community, students, faculty, and staff packed an auditorium to ...
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1 dead in plane crash near Yuma
TriValley Central
YUMA — The Yuma County sheriff's office says one person has been found dead after a small civilian plane crashed on a military bombing range in southwestern Arizona. The single-engine plane was found by U.S. Border Patrol agents Wednesday morning ...
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Global Recession Warning from OECD


Protesters march through Dublin ahead of Ireland's sixth straight austerity budget. Photo / AP
The global economy could slide back into recession if its major problems like US budget standoffs and Europe's lack of jobs are left to fester, a leading international economic body said yesterday.

In its half-yearly update, the Organisation for Economic Cooperation and Development warned that the recovery will be "hesitant and uneven" over the coming two years and that a new major contraction cannot be ruled out.

"The world economy is far from being out of the woods," OECD Secretary-General Angel Gurra said. "Governments must act decisively, using all the tools at their disposal to turn confidence around and boost growth and jobs in the United States, Europe and elsewhere."

Gurria's downbeat assessment came as the OECD published a glum set of predictions. Though the world economy is expected to grow by 3.4 per cent next year, up from 2.9 per cent this, the numbers mask big divergences around the world.

Though countries like China, Brazil and India are expected to see growth pick up, the more established economies remain stuck in a rut.

In particular, the OECD was gloomier about Europe than in its last forecast six months ago, saying "the greatest threats to the world economy" lie in the 17-country eurozone, which continues to grapple with a debt crisis after three years.


A deep global recession is also possible, it said, if the European crisis doesn't stabilise.

The OECD is now predicting a 0.4 per cent contraction this year for the eurozone, worse than May's 0.1 per cent forecast.

For next year, it's forecasting a further 0.1 per cent fall, in contrast to the previous prediction of 0.9 per cent growth.

It also downgraded its forecasts for the US economy and warned that it could be worse if the White House doesn't clinch a deal with lawmakers on the budget. Assuming a deal is thrashed out, the OECD has pencilled in growth of 2 per cent for the US next year, down from a forecast of 2.6 per cent in May.

The OECD cautioned that growth outside the OECD, which comprises 34 developed economies mostly in North America and Europe, would be slightly faster but crimped by Europe's troubles.

The OECD also warned the US and Europe against cutting spending too quickly, saying that could further hurt growth prospects. It suggested countries such as Germany and China could provide fiscal stimulus to boost growth.

Padoan expressed concern about the so-called fiscal cliff in the US, automatic tax increases and steep spending cuts that take effect in January unless President Barack Obama and Congress reach a budget agreement.

"If the fiscal cliff is not avoided, a large negative shock could bring the US and the global economy into recession," Padoan said.

The report argues for "measured" spending cuts and tax increases.

The report warned that unemployment would continue to rise in the eurozone from 11.1 per cent this year to 12 per cent in 2014, but that the rate in the US would gradually decline to 7.5 per cent in 2014.

Slovenia's Economy Is in Recession as Consumption Slumps
Businessweek
Slovenia's economy slid into its second recession in three years as exports to Europe eased and consumption slumped following a government austerity program, a survey of economists showed. Gross domestic product contracted 2.3 percent from a year ...
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'Conscientious consumption' survives recession
USA TODAY
Corporate giving fell in 2009 in the wake of the Great Recession, according to an annual survey of 144 companies by the Committee Encouraging Corporate Philanthropy (CECP) a non-profit that helps companies with their giving. But in its most recent ...
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Italy Business Confidence Rises After Economic Recession Eased
Bloomberg
Italy entered the recession in the fourth quarter of 2011 as the global slowdown aggravated the effects of waning productivity and tax increases and public spending cuts passed by Prime Minister Mario Monti's government to contain the euro-region's ...
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UPDATE 1-Euro zone economic mood cheers up a little in November
Reuters
BRUSSELS, Nov 29 (Reuters) - Economic morale in the euro zone improved for the first time in almost a year in November, but industry's reluctance to invest next year bodes poorly for a quick recovery from recession. Sentiment towards the bloc's economy ...
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Global recession warning
New Zealand Herald
The global economy could slide back into recession if its major problems like US budget standoffs and Europe's lack of jobs are left to fester, a leading international economic body said yesterday. In its half-yearly update, the Organisation for ...
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The Coming Recession
Motley Fool
With the U.S. Congress still struggling to resolve what has come to be known as the "fiscal cliff" before the deadline passes and we all plunge over the precipice, there has been a lot of talk and official prediction related to a coming U.S. recession ...
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Green Energy: The Answer to the Recession That Could Be Implemented ...
PolicyMic
What they have failed to notice is that this is not a recession. It's a brand new economy and this economy will center on energy. The nation that dominates the harvesting of cleaner, cheaper energy will dominate the globe in the 21st century. Every...
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PolicyMic
ACHUTHAN: I Have One More Month On My Recession Call
Business Insider
ECRI's Lakshman Achuthan is on Bloomberg Surveillance with Tom Keene, vigorously defending his recession call, which many have called dead wrong. In case you're catching up, back in September 2011 Achuthan predicted the U.S. would go into ...
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Business Insider
OECD says chance of quick Spain recovery 'remote'
Business Recorder (blog)
"The economy is undergoing a prolonged recession," the Organisation for Economic Cooperation and Development said in a report, citing the 2008 global financial crisis and the bust of a Spanish housing boom. "The prospect of an immediate recovery ...
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The Economics of the Cloud Computing in action




27 November: Google is expanding its infrastructure-as-a-service cloud computing platform into Europe and cutting the price of its cloud-based storage by 20%. From December 1 the price for up to 1TB of storage will be reduced by $0.025 per month to $0.095. This is $0.025 cheaper than Amazon's equivalent S3 storage cloud.

29 November: In response to Google's announcement, Amazon is cutting S3 pricing by about 25% across the board, effective from 1 December. Customers will be able to store data in the cloud for about $0.09 per gigabyte.

28 November: Windows users can expect a 15% increase in the cost of licensing key Microsoft products as the software giant raises its prices. From December 1, Microsoft will increase the price of per-user licensing of several products including Exchange, Lync, Windows Server and Terminal Services.

Here we have the co-existence of two eras of information technology - the question it poses is how long can that co-existence continue?

The commoditisation of computing power and storage through the cloud is spreading at pace, bringing increased competition, driving down prices and improving service levels. It's happening now - Amazon says that at the latest count S3 stores 1.3 trillion objects and receives 800,000 requests per second. That's not a niche or specialist business, it's mainstream computing.

Microsoft, meanwhile, unilaterally puts up prices, because it can. Earlier this year, the software giant increased its volume licensing prices to corporate customers by up to 25%. Why? Because it can. But the firm also cut the costs of its cloud-based Azure and Office 365 products. Why? Because it had to. That's what competition and commoditisation forced Microsoft to do.

It won't take long for IT leaders to notice the difference in competitive behaviour of old era suppliers such as Microsoft, and compare with their new era suppliers such as Amazon and Google. It might take them a lot longer to ditch the old and switch to the new, but with economics like those described above, it is inevitable.

Microsoft isn't the only one - SAP and Oracle have both come under fire from customers over their pricing policies.

The difference is that as these established suppliers grow, so they put their prices up further or make their terms more complex. In the cloud, the more you grow, the greater the economies of scale, and the more you can pass those on to customers in the form of lower unit prices.

Forget the issues of functionality, of branding or legacy that protect the user base of large suppliers. They are, ultimately, transient. It is simple economics that demonstrates the scale of the changes that the cloud is going to bring, at increasing pace, to IT spending priorities in the next five years.

Researchers Steal Cloud Computing Power Via Browsers
InformationWeek
Computer scientists at North Carolina State University and the University of Oregon have demonstrated that it is possible to conduct large-scale cloud computing tasks anonymously at no cost by abusing cloud-based browsers, such as Amazon Silk, Cloud ...
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Private cloud does not bring full benefits of cloud computing, says AWS
ComputerWeekly.com
Amazon Web Services, the biggest public cloud service provider, has hit out at private cloud providers, claiming private cloud users are not achieving all the benefits of cloud computing at its first user conference AWS re: Invent. Andy Jassy, senior ...
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The economics of the cloud in action
ComputerWeekly.com (blog)
27 November: Google is expanding its infrastructure-as-a-service cloud computing platform into Europe and cutting the price of its cloud-based storage by 20%. From December 1 the price for up to 1TB of storage will be reduced by $0.025 per month to ...
See all stories on this topic »
Hybrid Mobile-Cloud Computing: Driving the Future of Enterprise Mobility
Sacramento Bee
Hybrid Mobile Cloud (HMC) computing represents a systems in which a local, native mobile application with a great user interface, is married with cloud computing to provide an intelligent and scalable solution that is better than either native mobile ...
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Amazon's cloud chief targets "old guard" tech giants
Hindustan Times
Amazon.com Inc's cloud computing division is going after big corporate customers, a new focus that will put the fast-growing unit into direct competition with some of the world's largest technology companies. Andy Jassy, head of Amazon Web Services or ...
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Cetrom Named to Future 50 for Growth in Cloud Computing Services by ...
Equities.com
Cetrom Information Technology, Inc. (Cetrom), a Cloud Computing pioneer and a leader in custom Cloud Management for global SMBs, today announced it has been named as one of SmartCEO's Future 50 award winners for 2013. The Future 50 Awards ...
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CBA saves millions from cloud services
The Australian
COMMONWEALTH Bank has saved tens of millions of dollars over the past 12 months thanks to Amazon Web Services' cloud computing capabilities. The news comes as CBA plans to officially launch its Kaching Facebook app for payments early next year.
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Workday Sales Beat Estimates on Cloud-Computing Demand
Businessweek
Workday Inc. (WDAY), a maker of Web-based human-resources software, reported third-quarter revenue that beat analysts' estimates as more companies switched to its cloud-computing tools to manage their workforces. In its first quarterly report since ...
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Cloud Computing In FMCG Sector
CloudTweaks News
Advent of Cloud Computing has changed the scenario for all kinds of companies in FMCG sector. Combination of BI and ECM, popularly known as Enterprise Information Management (EIM) is considered as future trend and with Cloud computing, it will bring ...
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Who Will Win The Google-Amazon-Microsoft Cloud Computing Price War?
ReadWriteWeb
Share on: Who Will Win The Google-Amazon-Microsoft Cloud Computing Price War? Prices for Infrastructure-as-a-Service (IaaS) cloud-computing platforms are falling as vendors vie to attract developers and other customers.
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