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"At an appropriate stage we will come down in the shareholding but I cannot give definite timeframe. I understand in large companies, large float is desirable," he pointed out.
Responding to a query on the Securities and Exchange Board of India's recent norm that requires listed companies to maintain at least 25 percent shareholding with the public for the purpose of continuous listing, he said, "We are taking technical interpretation of it. But I do not think it applies to us." He, however, ...
The public holding in Wipro is currently about 17.6 percent.
On competition from other emerging countries in the ITeS space where India currently has a stranglehold, he said Eastern Europe had strong technical skills. "We will have our own center in Eastern Europe, and we have identified two countries. Things will take shape in 12 months," Premji said.
He said Wipro is looking at countries such as Bulgaria, Hungary and Romania.
Wipro, which has centers in Beijing and Shanghai serving international customers, also plans to expand in China. "The domestic market in China is more competitive. I would much rather use China to serve international customers. We will expand in China because customers are forcing us to. However, there are Intellectual...
Earlier while addressing the forum, Premji mooted a five-pronged approach envisaging strengthening of investment climate in India to consolidate the country's position in a knowledge economy.
"We need to promote macro-economic stability and competition by good regulatory policies; legal rules and procedures conducive to entrepreneurship and risk-taking. We need to simplify and expedite procedures for entry and exit of firms. This has always been true, but I think direct relevance of investment to implicit a...
Other focus areas include education, innovation, building cost leadership and customer centricity.
GRAFENWOEHR, Germany (Nov. 7, 2014) -- The Army Field Support Battalion-Germany conducted the second equipment issue from its newly established European Activity Set to Soldiers from the 2-12th Combined Arms Battalion, 1st Brigade Combat Team, 1st Cavalry Division.
As part of the U.S. Army's European Rotational Force, the troops are in Germany to participate in Combined Resolve III, a multi-national training exercise involving 18 nations, designed to enhance the brigade's ability to operate successfully with NATO allies.
"Just a few shorts weeks earlier, equipment was issued to the 1st Cavalry (Division), and each and every piece of equipment was in stellar shape, and useable immediately," said Col. John DiGiambattista, commander of the 1st Brigade Combat Team, 1st Cavalry Division, based at Fort Hood, Texas.
The action initiated an Army plan to regionally align forces with geographic combatant commands around the world. Under the plan, EAS will support two annual eight-week European rotations for stateside brigades. These rotational forces will help offset the inactivation of two Europe-based BCTs and strengthen U.S. parti...
"The EAS provides a modernized, combat-ready Combined Arms Battalion equipment set for designated CONUS forces to use in support of NATO operations," said Robin Dothager, the 405th AFSB's Support Operations chief for EAS. "EAS equipment must be maintained at Army 10/20 standards and be ready for issue at any time the A...
"The equipment issued to us was 'right out of the box,' and I was very impressed with the state of the art and the almost seamless task of issuing this equipment," said 1st Lt. Crockett Colbert, 2-12th Cav.
Col. Todd Bertulis, commander, 405th Army Field Support Brigade, said he was in awe of the EAS operation and is confident this equipment will put the troops in the right position for success on future deployments.
Taking the lead on coordinating the EAS issue was Curtis Dabney, the battalion S4 (Logistics), who was later promoted to support operations officer. When EAS equipment was dispatched by AMC from locations around the world and began arriving on the battalion's doorstep, the EAS workforce was not yet in place, Mike Print...
Among many other contributions, Dabney also ratcheted up coordination to transfer three motor pools with seven buildings from U.S. Army Garrison-Bavaria, Installation Management Command-Europe Headquarters and U.S. Army Europe to Army Field Support Battalion-Germany.
U.S. Army Europe provided about 70 percent of EAS equipment stocks from inactivated BCT's in Europe, and Army Sustainment Command pulled the remaining stocks from its APS sources in CONUS, Korea, Italy, Afghanistan and Kuwait, except for the Abrams tanks and Bradley fighting vehicles which were shipped to Europe from F...
Stationing EAS at Grafenwoehr allows the regionally-aligned force to conduct multinational-level training events with its NATO allies and partner nations, stated Lt. Col. Steven Schultz, Commander, AFSBn Germany.
Illinois state lawmakers have signed off on a $1.1 billion plan to get to work on “shovel-ready” transportation projects around the state.
The Senate voted 51-5 to send a bill to the governor’s desk that would authorize selling bonds to pay for road and bridge work throughout the state. House lawmakers already approved HB3794 on a 97-11 vote.
Advocates say the bonds, which would be paid back with revenue from retired bonds, are needed to help address road and bridge damage that resulted from the harsh winter weather.
Gov. Pat Quinn said the added funds will put thousands of people to work and make this year’s transportation construction season the largest in state history.
“Investing in a 21st century transportation system is one of the best ways we can create jobs today and drive our economy forward for generations to come,” the governor said in a news release.
Once the bill is signed into law, work on new transportation projects could begin as early as this summer.
New science graduates are half as likely to be in stop-gap jobs stacking shelves and cleaning windows as those who studied most other university disciplines, new figures have revealed.
They are more likely to have landed professional jobs within six months of finishing their studies than graduates in fields such as history, philosophy, creative arts and even law.
Just five per cent of working science graduates have stop-gap jobs such as shelf-stacking, road-sweeping or operating factory machinery that fail to justify the effort and expense of doing a degree.
Yet 11.7 per cent of graduates in media studies, 10.6 per cent in the creative arts, 10 per cent in history or philosophy and 8.9 per cent in languages are languishing in these roles.
Science graduates – including those who studied physics, chemistry, biology, engineering, computer science and medicine – are also less likely to be unemployed six months after finishing university.
Across all disciplines, almost 20,000 graduates – eight per cent - were out of work six months after leaving university.
The figures from the Higher Education Statistics Agency came the day after eminent scientists warned that Britain was failing to produce enough scientists and mathematicians.
The Royal Society called for all schoolchildren to study maths and science until the age of 18 to help the country tackle ‘great global challenges’ such as ensuring future food and energy supplies.
A-levels should be axed in the process, said the society, to be replaced by a broader-based baccalaureate-style qualification.
Latest figures for full-time graduates who left university last year show that overall, 69 per cent were in jobs, 5 per cent were both working and studying, 14 per cent were in further study and 4 per cent were travelling.
Some 8 per cent – down from 9 per cent in 2012 – were unemployed.
Men were more likely than women to be jobless but their starting salaries were higher - £20,000 on average for female graduates but £22,500 for male. The statistics showed that graduates’ chances of being jobless varied widely by the subject they studied.
Out of graduates in work, 66 per cent were in jobs classed as ‘professional employment’ such as teachers, solicitors, vets, dentists, pharmacists or engineers – up from 64 per cent in 2012.
But 34 per cent – 59,600 - were in ‘non-professional’ roles that are unlikely to justify the £9,000-a-year cost of degree tuition. These include working in factories and ‘elementary occupations’ such as office juniors, hospital porters, waiters, road sweepers, window cleaners and shelf stackers.
Other non-professional posts include skilled trades, service and caring industries, sales, customer services and secretarial work.
Just 24.7 per cent of science graduates were in non-graduate jobs six months after leaving – against 49.1 per cent of history and philosophy graduates, 47.5 per cent in languages, 46.8 in media studies and 44.6 per cent in creative arts.
Even in law, 46.1 per cent of graduates were not yet in professional roles.
Among science subjects, graduates in biology bucked the trend, with 50.8 per cent classed as being in non-professional jobs.
Overall science graduates were less likely to unemployed, with 7 per cent jobless compared with 9 per cent who read social studies, business studies or creative arts and 11 per cent who took media studies.
Computer science graduates bucked this trend, with 13 per cent out-of-work after six months.
In a major new report published yesterday, the Royal Society warned that a million more experts in science, technology and engineering would be needed by 2020.
Launching the report, Sir Martin Taylor, a mathematician and chair of the Royal Society’s ‘vision committee’ said: ‘The current education system will not meet the needs of the UK over the next 15 to 20 years, so we need to start building a stable education system that produces scientifically literate citizens now, befo...
‘We all know that we have significant problems with the demand for science, mathematics and engineering skills and their supply. Employers tell us this. We know that only one in eight 16-year-olds goes on to do A-level mathematics. That’s just not enough for a vibrant knowledge economy.
‘We should bear in mind for instance that one million new science, engineering and technology professionals are going to be needed by 2020 and at the current rate we’re falling 40,000 shy of this each year.
The report proposes a series of radical reforms to the education system including the replacement of A-levels with a baccalaureate system where all pupils would study maths and science at some level until age 18.
The show’s six-episode first season was released in its entirety on March 15. Hulu announced that it has been picked up for an eight-episode second season, which will come out in 2020.
The series is executive produced by Lorne Michaels, Elizabeth Banks, showrunner Ali Rushfield, Lindy West, Andrew Singer of Broadway Video, Max Handelman of Brownstone Productions, and Aidy Bryant. Dannah Shinder of Brownstone Productions will serve as a producer.
“Season one followed Annie (‘SNL’s’ Aidy Bryant), a fat young woman who wants to change her life — but not her body. Annie is trying to start her career while juggling bad boyfriends, a sick parent, and a perfectionist boss,” Hulu noted.
The first season starred Bryant, Lolly Adefope, Luka Jones, Ian Owens, John Cameron Mitchell, Patti Harrison, Julia Sweeney and Daniel Stern.
The series is produced by Warner Bros. Television, Broadway Video and Brownstone Productions.
Members of Waves celebrate the groups first anniversary at Bilton Hall Community Centre, Jarrow.
A support group for young people with special needs and their families is celebrating its first year and charity status.
Waves, based at Bilton Hall Community Centre, Jarrow, was launched in September last year and, since then, has seen its membership soar.
Earlier this year, it celebrated being given registered charity status, and welcomed Customs House executive director Ray Spencer MBE as a patron and Great North Dog Walk founder Tony Carlisle as an ambassador.
Chairman Susan Jackson said: “The response has been unbelievable. When we first launched we could never imagined it would take off as well as it has.
“In the past year we have raised thousands of pounds, which have helped to fund activities and our first residential to Kielder, which was attended by 90 members.
“We were nominated and shortlisted for the best community group of the year at the Best of South Tyneside Awards and became a registered charity in September.
The group celebrated its first birthday during their trip to Kielder with a second celebration taking place for everyone at Bilton Hall.
The event was attended by the Mayor and Mayoress of South Tyneside Coun Ken Stephenson and his mum Kathy.
Waves has been supported by the National Lottery Community Foundation, Barbers, Greggs, the Hadrian Trust and Sir James Knott Trust.
The group meets on a Saturday from noon until 4pm. Families of youngsters with special needs can call in at any time to find out more about the group, or call Suzanne on 07877 008 962.
The Mitchell Your Neighbourhood Credit Union Major Rookies made it all the way to the championship final of the Ontario Baseball Association (OBA) ‘D’ championships over the Labour Day weekend in Wallaceburg, but brought home a silver medal after falling to Corunna, 9-2, on Sept. 3.
An outstanding end to the season to a squad that showed improvement all year.
Corunna was the only team to beat the Astros, having done so in their second game, 10-8, and finally in the championship final. Mitchell had forced the sudden-death final contest after a 10-6 win over the previously-unbeaten squad, keyed by a home run by Ray Wolfe and a triple from Carson Brown.
Mitchell opened the 13-team tournament with a 17-6 triumph over Woodslee, exploding for 11 runs over the first two innings to put no doubt as to the outcome. Nate Uniac, with a double, and Owen Jarmuth’s triple were the big blows in the first while Brown’s triple and Jake Richardson’s double keyed the six-run second. O...
But the Astros needed to lose twice in the double-knockout event and regrouped with wins over Kincardine, 15-3 later Sept. 1; Alvinston 14-11 early Sept. 2 followed by an 18-3 rout of Blenheim later the same day.
A balanced offense was the key against Kincardine as Mitchell scored the maximum seven runs in the opening two innings en route to the mercy rule triumph, then rallied with a five-run seventh to overcome an 11-9 deficit against Alvinston and stun their opponents. Isaak Smith’s double highlighted the big uprising, but e...
Against Blenheim, Wolfe’s two-run home run broke open a close, low-scoring game then his triple highlighted a seven-run fourth as Mitchell busted the game wide open and rolled to the mercy rule win. Brown, with a triple, and Uniac with a double, had big hits in the decisive seven-run sixth which put the game away.
Rain played havoc with the schedule, but after receiving a bye, Mitchell did knock off Corunna 10-6 before having to return to the diamond for the one-game showdown on Monday, Sept. 3. Mitchell trailed 5-0 after three innings in that contest but Wolfe and Brown scored in a two-run fourth to bring them close. Leaving th...
Meanwhile, other Mitchell teams also participated in their OBA ‘C’ tournaments, with the Royaldawn Farm Pee Wees going 1-2 in their tournament in Waterdown, and the Senior Astros going 2-2 in Thorold.
The Pee Wees opened with a 10-0 loss to Belle River but they rebounded with an 11-9 win over their hosts from Waterdown. Needing wins to stay alive the rest of the way, the Astros fell 8-7 to Amherstburg and were eliminated.
The Seniors, meanwhile, opened with a thrilling 10-9 win over Barrie before losing 8-4 to Simcoe relegated them to the loser’s side of the bracket. The Astros rebounded to down Dresden 11-4 before being eliminated in their third game of the day Sept. 1, 9-8 by Port Dover.
As reported earlier this week, the Food Standards Agency (FSA) has warned that frozen sweetcorn is the likely source of listeriosis – reportedly leading to nine deaths so far.
Listeriosis is a rare but serious foodborne illness caused by the bacterium Listeria monocytogenes. It can be more critical for those people with a weakened immune systems, such as the elderly, pregnant women and infants.
Listeriosis causes vomiting and diarrhoea and usually goes away on its own. However, it can cause serious problems in the elderly, pregnant women, newborns and adults with weakened immune systems. It can cause serious infections like meningitis and miscarriage.
The FSA released a list of 43 frozen vegetable items that have since been recalled.
The FSA advice states: “If you have bought any of the above products do not eat them. Instead, return the product to the store from where it was bought for a full refund”.
What do a human resource expert, a jet mechanics whiz and a yacht builder have in common?
They’re Nova Southeastern University’s next Entrepreneur Hall of Fame Inductees.
Thomas H. Shea, chief executive officer, Right Management - Florida/Caribbean, Armando Leighton, Jr. CEO/Founder, CRS Jet Spares and Felix S. Sabates, Jr. chairman, Trinity Yachts, LLC will be honored at Nova Southeastern University’s H. Wayne Huizenga School of Business and Entrepreneurship’s 2013 Hall of Fame ceremon...
The Entrepreneur Hall of Fame, established in 1990, honors the achievements of outstanding entrepreneurs who contributed to the growth of a phenomenal entrepreneurial business, and have also demonstrated a willingness to contribute time, effort and financial resources to programs and activities that enhance the quality...
Shea was a human resources executive 1979 when he decided to launch his own company to assist laid-off workers. With his wife, Maureen, they opened Florida’s first outplacement firm, working out of their home. Within two years, Right Management approached Shea about a partnership.
Active in the community, Shea has developed programs like Booming VOICES, in partnership with the Community Foundation of Broward and serves on boards such as the Florida Council of Economic Education and the Broward Workshop.
Leighton, Jr. grew up in Hialeah, where he attended Miami-Dade North Community College. He began his aviation career at the age of 13 when a neighbor offered to let him work after school and during holidays at his aviation company. In 1982, Leighton established his own company, Corporate Rotable & Supply, Inc., out of ...
Leighton has served on the board of: Gilda’s Club South Florida, Jack & Jill Children’s Center, Museum of Discovery & Science, Broward College/ Aviation School, Broward Workshop and more.
Sabates, Jr. was born in Cuba and came to the United States at age 16. His first job was selling cars in Charlotte, NC. He was recruited to work for Top Sales Company, where he eventually bought the company, growing the business to more than $6 billion in sales.
He branched out into the yacht business, and is co-owner of International Yacht Collection, with offices in Fort Lauderdale, Monaco, Newport, Palm Beach, Nassau and Sint Maarten. He most recently entered the automobile dealership business, earning the award for #1 Mercedes dealership in the nation by JD Power.
Sabates is involved in recreation and sports, including being involved in NASCAR as an owner, as one of the original owners of Charlotte Hornets, and currently as part owner in the Charlotte Bobcats. He started the first indoor soccer league and was one of the initial investors in the World Football League.
Sabate's philanthropic causes have included the Boys and Girls Club of South Florida. He also served on the North Carolina State Banking Commission for seven years as a commissioner.. He holds honorary doctorate degrees from both Elon University and UNC.
Some Christians might be confused watching coverage of the demonstrations in Iran. Many in the West identify the problem with the mullah-led government of Iran as not merely dictatorship but “theocracy.” These wondering Christians likely recognize that Iran’s authoritarian Islamic regime is wrong, yet they might wonder...
Theocracies are awful and abusive, not only because they oppress human beings but because they also blaspheme God. New York Times columnist Bret Stephens calls Iran a “klepto-theocracy,” meaning that the claim to divine authority there is used to financially fleece their own people of money and property. That’s true, b...
To see why, a Christian does not need simply to look at the historical and sociological data on how these theocracies harm their own people; we can also see clearly why this is the case by looking at our own gospel. The central claim of the gospel is that, as the Apostle Paul put it, “For there is one God, and one medi...
Does God intend to rule the entire universe, with his will done “on earth as it is in heaven” (Matt. 6:10)? Yes, but this kingdom is found in Jesus Christ, not apart from him. Jesus is the one anointed to rule over the cosmos, and anyone else who claims this is a pretender to the throne. Jesus himself has told us that ...
Our call to the world at this point, Jesus tells us, is not to uproot the “weeds” in the garden (Matt. 13:29). We also are not to grab the sort of power that would cause people to pretend as though they were part of God’s kingdom—a kingdom that comes through the transforming power of the Word upon the heart—when they a...

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