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Wednesday, April 20, 2011

New Rocket Launched By ISRO

The new rocket launched today by the Indian Space Research Organization (ISRO) comes with three satellites and costs Rs 230 crores. One of the satellites - the ResourceSat-2 will help map forests glaciers, and monitor crop yields.But is this what India really needs? Experts point out that India already has the largest constellation of 10 civilian remote sensing satellites in the world. And the government's auditor has reported that almost 90% of the photographs and images delivered by ISRO's satellites are not used. Many of these images are needed both by the government and private sector especially for development of infra-structure like roads, airports and town planning.The report of the Comptroller and Auditor General of India (CAG) highlights that despite the abundance of data available...

HCL Technologies

HCL Technologies , India's fourth largest software services firm, on Wednesday posted a better-than-expected 33 per cent rise in net profit for Jan-March, boosting its shares nearly 10 per cent to their highest in more than a decade.The company reported a net profit of about Rs 4.68 billion in Jan-March, while revenue rose 31.5 per cent to Rs 41.38 billion.Profit was expected to rise 25 per cent to Rs 4.3 billion, according to a Reuters poll of 17 analysts. Revenue was seen at Rs 40.79 billion.Shares of the company, which the market values at $7.34 billion, rose as much as 9.8 per cent to a 11-year high of Rs 522.35, in a Mumbai market that was up 0.77 per cent. The BSE IT index was up 1.6 per cent.At 10:15 a.m, the stock was at 7.95 per cent at Rs 513.4. HCL's business outside Europe and...

Thursday, April 7, 2011

Anna Hazare Fasts Unto Death Starting 5th April 2011

Anna Hazare is demanding enactment of a strong anti-corruption law - Jan Lokpal Bill - to ensure swiftness and certainty of punishment to the corrupt.Will his fast have any impact on the deaf Government of India?Yes, it certainly would. Because, last time when Anna sat on fast -• 6 corrupt ministers in Maharashtra had to resign• 400 corrupt officers were dismissed from job• 2002 - Maharashtra RTI Act was passed• 2006 - Central Government withdrew its proposal to amend Central RTI ActNow Anna is fasting to demand Jan Lokpal Bill.JAN LOKPAL BILL will act as deterrent and instill fear in the minds of corrupt people.Salient features of Jan Lokpal BillDrafted by Justice Santosh Hegde, Prashant Bhushan and Arvind Kejriwal, this Bill has been refined on the basis of feedback received from public...

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