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Topics - Sudhakar

1
Trump's Order: Punish Those Companies That Outsource


WASHINGTON: U.S. President Donald Trump said he has prepared an "economic-development" measure that would punish companies that globally outsource jobs.

The bill would provide economic incentives for companies, Trump said in an interview published on Tuesday, and reward firms that maintain jobs in the United States, and deliver punitive measures against those that move operations offshore.

The bill would provide economic incentives for companies, Trump said in an interview published on Tuesday, and reward firms that maintain jobs in the United States, and deliver punitive measures against those that move operations offshore.

"It's both a carrot and a stick," Trump said. "It is an incentive to stay. But it is perhaps even more so - if you leave, it's going to be very tough for you to think that you're going to be able to sell your product back into our country."

He did not specify what the rewards or punishments would be. The White House was not immediately available to comment.

Trump, a New York real estate developer reality television host, has struggled to translate his business experience into government success, failing to push through any major legislative victories.

The Trump administration has repealed a number of regulations, such as the Clean Power Plan, which was former President Barack Obama's cornerstone regulation to fight climate change. The head of the U.S. Environmental Protection Agency said on Monday he would rescind the rules.



https://www.techgig.com/tech-news/Trump-s-Order-Punish-Those-Companies-That-Outsource-132109
2
Infosys may ask nearly 1,000 Senior Executives to leave

Recently, about 400 senior executives of Cognizant accepted the company's voluntary separation package. Cognizant had announced this programme for directors, associate VPs and senior VPs a few months ago.

French IT services major Capgemini had reportedly asked over 35 VP, SVPs, directors and senior directors to leave in February.

According to sources, nearly 1,000 Infosys employees at job level 6 and above (group project managers, project managers, senior architects and higher levels) are expected to be asked to leave.

Large IT services companies are all in the process of laying off employees on a scale not seen since the 2008-10 downturn. Those taking the hit first are mid- and senior-level professionals -- those with 10-20 years of experience.

Layoffs in the senior slab in the tech sector have been predicted by the Experis IT Employment Outlook Survey from Experis IT-ManpowerGroup India for October 2017-March 2018. The survey found very little demand for senior-level IT executives among employers.

In the survey, merely 3% of employers wanted to hire people at the senior level. The highest demand was seen for candidates in the 0-5 experience slab, with nearly 56% of the 500 employers surveyed displaying an intention to hire people in this group. Another 41% wanted to hire those at the middle level (5-10 years).

A major reason for layoffs at the senior level could filling up of vacancies internally rather than going for external recruitment. Another reason is automation taking away traditional team lead jobs becoming redundant.

For example, project leaders are increasingly being rendered superfluous as automation kicks in big-time and newer, more specialised roles emerge in India's $160-billion IT industry.

Peter Bendor Samuel, CEO of IT consulting firm Everest Group, said industry growth has slowed and the 'arbitrage first' segment (traditional IT services) is in secular decline. "When this is added to the pyramid factory model, which requires new freshers to be brought in every year to keep cost low, it results in an excess of more experienced employees," he said in an interview to ET in May.


Source : https://www.techgig.com/tech-news/Infosys-may-ask-nearly-1-000-Senior-Executives-to-leave-131927
3
Google Domains (a) domains.google.com Now Available in India for booking .com domain names at just 860 rs

Google has launched Google Domains for India. The domain registrar service is available in beta phase for Indian users. The key USP of the service is its simple and user-friendly interface.

The domain registration service will give neck-to-neck competition to leading domain registrars like Godaddy, Bigrock, Hostgator, Bluehost, Namecheap etc. The search engine giant claims that Google Domains offers the most user-friendly interface among all available options. Google is not offering any incentive or offers to early users.

Google Domains lists all the steps right from browsing the domain to setting it up in a user-friendly manner. Google is offering advanced options like hiding the customer's details from ICANN. The DNS management console offered by Google Domains is easiest among all other available options.

The best part about Google Domains is the easy integration with GSuite. Google Business email services are preferred by most custom domain owners in India. However, configuring GSuite services with a domain purchased from a third-party registrar like Godaddy involves a step-wise process. With Google Domains, one can simply click on the Setup email button and create emails with GSuite.

In the price competitive market of domain registration, Google is charging more than Rs 800 for standard .com domains. On the other hand, registrars like Bigrock and Godaddy have been offering .com domains at Rs 599 and .in domains for as low as Rs 99. Other domain registrars often throw in additional goodies like free email service and limited hosting space with the domain, Google is not offering any additional freebies as of now.

It is possible that Google might announce some launch offers. The service is currently in beta, you can expect a major announcement by Google when it launches the service for the public. The company is known for offering the best rates for businesses. Google had offered its business services of GSuite for free in 2011.


Source : https://www.techgig.com/tech-news/Google-Domains-Now-Available-in-India-132021
4
54,000 petrol pumps across India to go on strike, will remain closed on 13th October

Those 54,000 petrol bunks will remain closed on 13 October 2017. For there demand on price revision every day should happen at 06:00 am instead off midnight prove change announced by government in public interest.
5
Happy Ayudha Pooja, Vijayadasami Day & Gandhi Jayanthi Wishes my dear Acumen's

Friday, 29 September
Ayudha Puja 2017 in Tamil Nadu

Saturday, 30 September
Vijayadasami Day / Dussehra 2017 in India

Monday, 02 October
Happy Gandhi Jayanti 2017 Wishes

Will be sharing ITAcumens celebration and videos sooner.
7
Google's biggest 'failures' as listed in Internet as on 18 September 2017

Now that the Apple euphoria has died down a bit, all eyes are on Google which will be unveiling its Pixel smartphones on October 4. There's a great sense of expectation from Google - perhaps its always there - to launch a smartphone which competition would be envious of. As a brand, Google is known for its collection of wildly popular products, from search to maps to Android, and now smartphones.

Although contrary to popular perception, the company certainly doesn't possess the Midas touch. In its arsenal, there have been a spate of failed products. Google Glass, which was supposed to wow the world, is notorious for making it to the Museum of Failure in Sweden. And who can forget Google Buzz, the company's much-touted social networking platform that almost failed to take off. Google's "miss" list includes many more.

Here's a list of Google products that failed to leave a mark...

Google Notebook was a precursor to Google Docs: You could copy and paste URLs or write notes that could be shared or published.

Google stopped development on Notebook in 2009 and officially shut it down in July 2012, transferring all data from Notebook to Google Docs.

iGoogle, a personalized homepage, was shut down in 2013. Created in 2005, iGoogle allowed users to customize their homepage with widgets.

Google said iGoogle wasn't needed as much anymore since apps could run on Chrome and Android.

Dodgeball, a service that let users check in at locations, was purchased by Google in 2005.

Its founders, which included Dennis Crowley, left Google seemingly on bad terms in 2007 and Crowley went on to build a very similar service, Foursquare, two years later.

Google Hangouts On Air -- Google's live-streaming service -- moved to YouTube Live in September 2016.

The service was originally created in 2012 when live streaming was catching on and was once used by President Obama and Pope Francis.

Google Catalogs, an interactive shopping program that digitized catalogs, was shut down in 2015.

Google shuttered the mobile version of Catalogs in 2013 and shut down the desktop version two years later.

Google Reader was a news-reading app that let users pull in stories from blogs or news sites.

Google announced it was shutting down Reader in March 2013 -- much to users' dismay and outrage -- and it was officially killed in July 2013.

Originally intended to give people access to health and wellness information, Google Health was closed for good in January 2012 after Google observed the service was "not having the broad impact that we hoped it would."

Google X, an alternative interface for the search engine, lasted exactly one day before Google pulled the plug.

A strange tribute to Mac OS X's dock, the site said: "Roses are red. Violets are blue. OS X rocks. Homage to you." Google X was quickly taken offline on March 16, 2005; the "X" name was soon repurposed as Google's research division.

Source : https://www.techgig.com/tech-news/Google-s-biggest-failures-126929?
8
Indian-origin Vasant Narasimhan to head $48 billion pharma giant Novartis

Global CEOs of Indian origin as on 2017

Microsoft - Satya Nadella
 
Google - Sundar Pichai
 
Pepsi - Indra Nooyi
 
Adobe - Shantanu Narayen
 
Diageo - Ivan Menezes
 
RB  -  Rakesh Kapoor  ( RB was earlier known was Reckitt Benckiser )

Vasant (Vas) Narasimhan has been named as the global chief executive officer (CEO) of  the Swiss pharmaceutical giant Novartis, making him the first Indian origin person to hold the post in a large pharma multinational.

Narasimhan, 41, a doctor from Harvard Medical School, is a second-generation immigrant in the US. His parents moved there from Tamil Nadu in the 1970s. He has been with Novartis since 2005. At present, he holds the post of global head of drug development and chief medical officer and will assume the new post from February. Before joining Novartis, he worked at McKinsey & Co.




More Details & Source : http://www.business-standard.com/article/companies/indian-origin-vasant-narasimhan-to-head-48-billion-pharma-giant-novartis-117090401068_1.html
9
AppleCare+ protection plan prices have been increased post Apple September 2017 Event

Apple had recently announced iphone 8 and iphone 8 plus with iphone x smartphone on its Apple September 2017 Event happened at Steve Jobs Theatre for the first time on 12 September 2017.

More details and videos : Apple September 2017 event -
http://discuss.itacumens.com/index.php/topic,142360.0.html


Iphone 6 protection plan - Apple care + will approximately cost up to 5500 rs for an year
Iphone 6 plus protection plan - Apple care + will approximately cost up to 6000 rs for an year
Iphone 6s protection plan - Apple care + will approximately cost up to 6000 rs for an year
Iphone 6s plus plus protection plan - Apple care + will approximately cost up to 6500 rs for an year
Iphone 7 protection plan - Apple care + will approximately cost up to 6500 rs for an year
Iphone 7 plus protection plan - Apple care + will approximately cost up to 7000 rs for an year
Iphone 7s protection plan - Apple care + will approximately cost up to 7000 rs for an year
Iphone 7s Plus protection plan - Apple care + will approximately cost up to 7500 rs for an year
Iphone 8 protection plan - Apple care + will approximately cost up to 8000 rs for an year
Iphone 8 plus protection plan - Apple care + will cost up to 9000 rs for an year
Iphone X protection plan - Apple care + will cost up to 12500 rs for an year




Source : https://www.techgig.com/tech-news/The-price-of-AppleCare-coverage-for-iPhone-Plus-models-has-increased-126272
10
Tez payment app - Google launching on 18 September 2017

In tamil we have a new promo which Says Sethan Da Sekar ( or ) Sekar is dead ( in english )

After 18th September 2017, India will be using TEZ payment gateway powered by Google / Alphabet Inc . Though wats app and other chat providers coming with with there own payment gateways using Unified Payments Interface (UPI), a single-window mobile payment system launched by the National Payments Corporation of India (NPCI)

Hope paytm , MobiKwik to all providers like oxigen, payU, freecharge, jio money, citrus pay, ola money, itzcash will have a tough fight, WoW !!! After iphone 8 and iphone x launch in India, soon Apple Pay will catch fire. Apple Pay currently reported to have up to 45 million in 2016 and soon Apple Pay will hit 86 million users in 2017 globally !!! Lets wait and watch after 18 September 2017.

Since Google has its biggest experience with Google Wallet and Andriod Pay for last 2 years. This TEZ payment app by google should be top of the Line users in India.

11
10 of the most-funded startups to fail in 2017



Beepi

Shut down in February 2017

Raised $148.95 million in 5 Rounds from 35 Investors.

Beepi is a textbook case of a startup with a good idea -- a marketplace for people to sell and buy used cars, which would be vetted, processed and delivered to the new owner by Beepi, bypassing the costly overhead and commission structure of car dealerships. And there was some solid execution -- strong customer service was a big selling point. But ultimately the company was run badly.

It had been valued as high as $560 million in previous rounds of funding, after raising money from 35 investors, including Yuri Milner, Comerica, Redpoint, Foundation Capital, Sherpa



HomeHero

Shut down in February 2017

Raised $23.02 million in 3 Rounds from 7 Investors.

HomeHero shut down in February 2017 after its bid fell through to provide non-medical home care. CEO Kyle Hill blamed switching to W2 employees from 1099 contractors as the reason why the company lost its core identity, calling it an "inferior employment business" in a post on Medium.

The company had raised $23 million to connect home care workers with the families that need them. Along the way, it partnered with hospitals and launched a service that helps people monitor the health of their family members under the care of providers hired by HomeHero.



Auctionata

Shut down in February 2017

Raised $95.65 million in 6 Rounds from 15 Investors.

Auctionata shut down its operations after expected financing fell through. The company had previously raised more than $95 million since its founding in 2012 to broadcast online live auctions for fine art and collectables.

Live-streamed auctions have been a long-held ambition among many in the art world. Such a format has the potential to open the physical floor and all the bidding hype that comes with it to a much wider audience, and with that raising the bids for items on the block. But early attempts at live-streamed events failed to meet their estimates (so to speak...), complicated by slow broadband speeds, and much more.

Quixey

Shut down in May 2017

Raised $164.9 million in 4 Rounds.

Quixey launched as a mobile search company based out of Mountain View but later branched out to making a digital assistant for apps.

The company raised $164.9 million and, at one time, had a valuation north of $600 million. Yet, as the company was building its digital assistant, so was Apple and Google and startups like Viv, which Samsung would eventually acquire.

Once upon a time the company touted its ability to help users find content within their apps, eventually saying it has developed technology that can take you straight from the search results to personalized actions like showing nearby friends in Facebook or bringing up your own playlist in Spotify.

Yik Yak

Shut down in May 2017

Raised $73.5 million in 3 Rounds from 9 Investors.

The once-popular anonymous social network Yik Yak shut down in May of 2017. Apparently all the cyberbullies and unsavory content drove down the app experience for others. By the end of 2016, user downloads had declined 76 percent versus the same period in 2015, as TechCrunch reported then, and the company began laying off most of its employees.

The app faced problems that were predictable for any forum offering users anonymity and a means of chatting with one another. It was plagued by cyberbullies of every kind and even banned by some schools. But all the capital and advice in the world couldn't help it maintain its buzz.

According to Crunchbase, Yik Yak had raised $73.4 million in venture funding since it was founded in 2013, with a valuation approaching $400 million in 2014, its halcyon days

Source : https://www.techgig.com/tech-news/10-of-the-most-funded-startups-to-fail-in-2017-124725
12
Indian Premier League media rights deal for Rs 16347.50 crore for next 5 years

In an intense bidding war in Mumbai, Star India bagged the IPL media rights for Rs 16347.50 crore for the next five years

Star India on Monday bagged the Indian Premier League media rights for a whopping Rs 16347.5 crore for a period of five years from 2018-2022. In an intense bidding war in Mumbai, Star India pipped 23 other top companies participating in the auction.

The IPL media rights auction, segregated into two categories -- broadcast and digital (internet and mobile) rights -- was expected to yield to the BCCI an estimated earning of over 20,000 crore through the traditional bidding process.

Bids were also invited for five other categories - US, Europe, the Middle East, Africa and rest of the world.

Earlier, BCCI Chief Executive Officer (CEO) Rahul Johri had said that the revenue generation from the upcoming IPL media rights auction could be "historic", considering the huge interest shown by various stakeholders.

A total of 24 bidders bought the bid document, including Facebook, Amazon, Twitter, Yahoo, Reliance Jio, Star India, Sony Pictures, Discovery, Sky, British Telecom, and ESPN Digital Media.

In 2008, when the IPL started, roughly six companies purchased the bid document for the first rights cycle.

All were television entities and, eventually, only two qualified for the bid -- the Sony-World Sports Group alliance and Nimbus.

Source : https://www.techgig.com/tech-news/IPL-media-rights-deal-for-Rs-16347-50-crore-for-next-5-years-124727
13
Infosys promoters including Murthy & Nilekani offer Rs 2,038 Cr

Infosys promoters, including co-founders NR Narayana Murthy and Nandan Nilekani, have offered to sell as many as 1.77 crore shares, worth up to Rs 2,038 crore, in the company's Rs 13,000 crore buyback offer.
The promoter group - which includes most of the founders and their families - had earlier expressed their intention to be part of the company's first buyback plan in its over three-decade history and have offered to tender a maximum of 1.77 crore shares.

At a buyback price of Rs 1,150 per share, this could mean a windfall of Rs 2,038.94 crore for the promoter group, if all the shares tendered by them are accepted in the buyback offer.

The founders and families - classified as promoters group - held 29.28 crore shares, or 12.75% stake in Infosys at the end of June 2017.

Infosys' buyback offer of up to 11.3 crore shares comes at an almost 25% premium over Friday's closing price of Rs 920.10 a share. The record date is expected to be on or after October 25, 2017.

The Bengaluru-based firm has been in the eye of a storm over the past few months, with founders and erstwhile board members clashing over allegations such as corporate governance lapses and irregularities in Infosys' $200-million Panaya acquisition.

The public spat culminated in the sudden resignation of the then CEO Vishal Sikka and exit of four board members, including Chairman R Seshasayee. They blamed Murthy's "misguided campaign" for Sikka's abrupt exit.

On August 24, Infosys named co-founder Nandan Nilekani as its new non-executive Chairman, bowing to the demands of co-founders and large institutional investors.

However, the tensions between the two camps do not seem to be subsiding as Seshasayee launched another offensive last week against the alleged "personal attacks" by Murthy.

The two key players in Infosys' changing narrative - Nilekani and Murthy along with families - have offered to tender maximum number of shares in the buyback.

Nilekani, along with family, has offered to tender 58 lakh shares while Murthy, along with wife Sudha and two children, has offered to tender 54 lakh shares. S Gopalakrishnan and family have also offered 22 lakh shares while K Dinesh has offered 29 lakh.

Sudha Gopalakrishnan, wife of S Gopalakrishnan, currently holds the largest share in individual capacity among promoters group members with 2.14% shareholding. SD Shibulal will not participate in the buyback, but his wife and son have offered to sell over 14 lakh shares.

Source : https://www.techgig.com/tech-news/Infosys-promoters-including-Murthy-Nilekani-offer-Rs-2-038-Cr-124737

14
Reliance Jio and Airtel comparison as on 13 Sept 2017

Telecom services provider AirtelBSE -1.56 % has reportedly rolled out cheap prepaid to counter Reliance Jio which is growing by the day with its ultra cheap plans.

Airtel is now offering prepaid plans, starting Rs 8 and goes up to Rs 399. Here we have compared the prepaid plans of both Airtel and Reliance Jio

Airtel Plans

Rs 8 plan:

This plan offers local and STD calls for 30 paisa and it has a validity of 56 days.

Rs 15 plan:

With this plan, Airtel subscribers will be allowed to make calls to the same network at 10 paisa per minute for a period of 27 days.

Rs 40 plan:

On recharge of Rs 40, subscribers will get talktime of Rs 35 with unlimited validity.

Rs 60 plan:

It offers talktime of Rs 58 along with unlimited validity under this plan.

Rs 90 plan

Like the above-mentioned plan, users will get talktime of Rs 88 and unlimited validity.

Rs 149:

It offers 2GB 4G data and unlimited Airtel to Airtel calls with validity of 28 days.



Rs 198 plan:

With recharge of Rs 198, Airtel users will get unlimited local and STD calls and 1GB of data for 28 days. Along with this, they will also get 10% cashback if they open an Airtel Payments Bank account.

Rs 199 plan:

Under this plan, Airtel users will get 1GB of data and unlimited local calls for a period of 29 days.



Rs 295 plan:

The recharge pack of Rs 295 offers unlimited local and STD calls for a period of 84 days and 10% cashback if they open an Airtel Payments Bank account.

Rs 349 plan:



With a recharge of Rs 349, subscribers will get 28GB data with the daily FUP limit of 1GB and unlimited local and STD calls with validity of 28 days.

Rs 399 plan:

Under this plan of Rs 399, Airtel is offering unlimited local and STD calls along with free outgoing roaming calls. Over that, Airtel is also giving 28GB of data with 1GB of daily FUP limit for 28 days.

What Jio offers:

Jio's prepaid plans starts from Rs 19 and goes up to Rs 4,999. Note all plans offer unlimited calling and SMS apart from access to Jio apps.



Rs 19 plan:

It has validity of just one day but it offers unlimited calling, SMS and 200 MB of data.

Rs 49 Plan:

It comes with 3 days of validity, unlimited calling and SMS, and 600 MB of data.

Rs 96 Plan:

With this Jio users will get unlimited calling and SMS, and unlimited data with FUP of 7 GB (1 GB per day) for seven days.

Rs 149 Plan:

It has validity of 28 days but offers 2 GB of data only. Ofcourse it offers unlimited calling and SMS.



Rs 309 Plan:

You will get 56 GB of data with FUP of 1 GB under this apart from unlimited calling and SMS for 56 days.

Rs 349 Plan:

It has 20 GB data cap and validity of 56 days.

Rs 399 Plan:

With 84 days validity, it comes with 84 GB of data quota with 1 GB FUP limit.

Source : https://www.techgig.com/tech-news/Here-s-a-comparison-of-Jio-and-Airtel-plans-124735

15
Apple September event 2017 happend at Steve Jobs theatre for the first time. Where 1000 occupants can occupying with fully glass and wood finish as all the apple retail outlets across the globe. And this even happend as 12 September 2017.

The monster of everything Apple had launched its iPhone 8 and iPhone 8 plus mobile at 699$ where the previous iPhone 7 series cost only 650$

And an legacy iPhone with brand new iPhone x introduced 10 years ago by Steve jobs at 999$. The iPhone 8 models has six core prosessor, 3D game, adjustment to camera and motion control with oled display. But looks same as iPhone 7 and iPhone 7 plus.

Also you have apple 4K tv, Apple Watch 3 which runs without an iPhone for the first time. With launch dates for all iOS .

Also Apple new campus called apple park was shown with respect to Steve jobs on the monster screen.

Post the event , the day ended with 1% drop in the apple share. ( as read over the internet )

WoW what a world sir ji, am posting it with 5th generation iPhone 6s Plus and 7 in my hand for years now.

Keep rocking Apple.
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