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NEWSBytes

7th Edition

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Email: mantavya@nmims.edu.in

NATIONAL NEWS.
Newsbytes: National

SC refuses separate NEET merit list for State syllabus Gen. V.K. Singh victimized me: Army Chief tells SC
students
In an unusual development that could cause severe discomfort to the
The Supreme Court on Tuesday refused to pass an interim Union government, Chief of Army Staff (COAS) General Dalbir Singh has
direction to the Medical Council of India (MCI) and the accused Minister of State General V.K. Singh of levelling false, baseless
Central Board of Secondary Education (CBSE) to publish and imaginary allegations against him when the latter was heading the
separate merit lists for CBSE students and their Army.
counterparts who studied under the State syllabus in the With his affidavit before Supreme Court filed earlier this week, the COAS
National Eligibility-cum-Entrance Test (NEET) held on July has not only revealed the appalling power struggle within the Indian Army
24 for undergraduate medical and dental courses in but also placed the Narendra Modi government in a quandary since his
private colleges all over the country. serious allegations are made against a member of the council of
ministers.
Read More

http://www.thehindu.com/news/national/sc-refuses- Read More


separate-neet-merit-list-for-state-syllabus- http://www.thehindu.com/news/national/army-chief-dalbir-singh-alleges-
students/article8995163.ece victimisation-accuses-vk-singh/article9002927.ece
Newsbytes: National

Sedition case filed against Amnesty International

Acting on a complaint filed by ABVP on Saturday, police have Bihar Assembly ratifies GST Bill in special session
charged Amnesty International India under Section 124A of the
IPC. The Goods and Services Tax (GST) Bill was passed on Tuesday in a
one-day special session of the Bihar legislature, while 3 MLAs of
The police on Monday filed cases, including one of sedition, Communist Party of India-Marxist and Leninist (CPI-ML) boycotted the
against the organisers of a programme held on Saturday that bill and staged a walkout from the House. Participating in the debate,
sought to project the human suffering of the Kashmir conflict. legislators of both ruling and Opposition parties underlined the benefits
Acting on a complaint filed by the Akhil Bharatiya Vidyarthi of the bill for the state.
Parishad (ABVP) on Saturday, the J.C. Nagar police charged With the GST Bill passed in the House, Bihar became the second state
Amnesty International India under Section 124A of the Indian after Assam to adopt it, while neighboring Jharkhand is scheduled to
Penal Code, which defines sedition as brings or attempts to convene a special session of the state assembly to ratify the bill on
bring into hatred or contempt, or excites or attempts to excite Wednesday.
disaffection towards the Government of India.
Read More Read More
http://www.thehindu.com/news/cities/bangalore/sedition-case- http://www.thehindu.com/news/national/bihar-becomes-first-nonnda-
filed-against-amnesty- govt-to-ratify-gst/article8994825.ece
international/article8991258.ece?utm_source=InternalRef&utm
_medium=relatedNews&utm_campaign=RelatedNews
Newsbytes: National
Cant avoid pesticides, say farm experts

Parliaments Standing Committee on Agriculture


Centre to set up 'Anomaly Committee' for may have expressed concern at the unscientific and
implementation of 7th pay commission excessive use of pesticides in agriculture that pose
a threat both to the environment and human health.
The centre on Wednesday announced setting up of But experts say their judicious use, combined with
an 'Anomaly Committee' to settle issues arising out safe agricultural practices, is the only way out as the
of the implementation of the Seventh Pay countrys growing demand for food cannot be met
Commission's recommendations from August 1. through organic farming.
This announcement came following concerns by In its recently presented report in Parliament for
unions of employees over the delay in setting up the 2015-16, titled Impact of chemical fertilizers and
high level committee, assured by the Group of pesticides on agriculture and allied sectors in the
Ministers to review the minimum wage and country, the panel said fertilizers and pesticides
multiplication factor as well as anomalies which changed the face of agriculture by enhancing
have crept in following implementation of the new production and productivity, but excessive and
Pay Commission recommendations. unscientific use of pesticides caused tremendous
harm to the environment and affected human
. population indirectly.
Read More Read More
http://www.thehindu.com/news/national/centre-to- http://www.thehindu.com/news/national/cant-avoid-
set-up-anomaly-committee-for-implementation-of- pesticides-say-farm-experts/article9003989.ece
7th-pay-commission/article9002123.ece
Newsbytes: National

Kashmir: If not pellet guns, will be forced to fire


bullets in extreme situations, says CRPF to HC

The CRPF has informed Jammu and Kashmir High


Vacancies in judiciary a national challenge,
Court that if pellet guns are banned as a
says CJI T S Thakur
crowd control measure, its personnel will be forced
Raking up the judges appointment issue once
to fire bullets in extreme situations, which can cause
again, Chief Justice of India T S Thakur on
more fatalities.
Friday said vacancies in the judiciary,
especially state High Courts have become a
In case, this (pellet gun) is withdrawn from the
national challenge, and efforts were being
options available with the CRPF, CRPF personnel
made to persuade the government to expedite
would have no recourse in extreme situations but to
the matter.
open fire with rifles, which may cause more
Read More:
fatalities, the CRPF said in an affidavit submitted to
http://indianexpress.com/article/india/india-
the High Court on Wednesday.
news-india/vacancies-in-judiciary-a-national-
.
challenge-says-cji-t-s-thakur-2985733/
Read More:
http://indianexpress.com/article/india/india-news-
india/if-not-pellet-guns-will-be-forced-to-fire-bullets-
in-extreme-situations-crpf-tells-hc-2985300/
Newsbytes: National

New proposal to limit antibiotic use, NAM principles more relevant now
wants countries to set targets
For the first time, global health experts are Venezuela is counting on Prime Minister Narendra
calling on world leaders to set specific Modis attendance at this years Non-Aligned
country-level targets limiting antibiotic Movement (NAM) meeting in September, despite
consumption in order to combat a looming reports he is unlikely to, said visiting Foreign
crisis of drug-resistant superbugs. Minister Delcy Rodriguez on Thursday.

The proposal, which appears in India is a founder of the Non-Aligned movement,


Thursdays issue of Science, is aimed at so, for Venezuela, it would be really important to
heads of state set to convene September have Prime Minister Modi there.
21 for the United Nations High-Level
Meeting on Antimicrobial Resistance, We are hopeful he will come, Ms. Rodriguez
where they will map out a plan for told The Hindu, while in Delhi for one day to hand
preserving global access to effective over the invitation letter from President Nicolas
infection-fighting drugs. Maduro to the government.
.
Read more:
http://indianexpress.com/article/lifestyle/he Read more:
alth/new-proposal-to-limit-antibiotic-use- http://www.thehindu.com/news/national/nam-
wants-countries-to-set-targets-2985561/
principles-more-relevant-now/article9004538.ece
Newsbytes: National

Delhi inks MoU with Dhaka to carry petroleum


goods to Tripura
Maharashtra launches crime tracking system
Bangladesh and India yesterday signed a
On the occasion of the 70th Independence Day, memorandum of understanding (MoU) on the route
Maharashtra launched the country's first permit for carrying petroleum products from Assam to
comprehensive 'Crime Criminal Tracking Network Tripura through Bangladesh territory, reports UNB.
System' through 42 cyber labs inaugurated
simultaneously here on Monday. Based on the request by the government of India, the
government of Bangladesh has granted permission
Chief Minister Devendra Fadnavis, while launching for the movement of petroleum products on
the CCTNS, announced that the whole of Mumbai humanitarian grounds through the territory of
would be under closed-circuit television monitoring Bangladesh till September 2016, officials said.
by October, while similar projects are underway in
other major cities like Pune and Nagpur. Read more:
http://www.theindependentbd.com/home/printnews/5
Read more: 6497
http://www.business-standard.com/article/news-
ians/maharashtra-launches-crime-tracking-
system-116081500649_1.html
Newsbytes: National

Countrys first bio-CNG plant to be inaugurated Najma Heptulla sworn in as Governor of Manipur
in Pune on Sunday
Former Union Minister Najma Heptulla was on
Indias first bio-CNG plant is all set to be Sunday sworn-in as the governor of Manipur, All India
inaugurated this Sunday, in Pune. Commissioned Radio News tweeted.
by city-based Primove Engineering Private Limited, The Manipur Governor designate, Heptulla, arrived at
this plant will use agricultural residue to generate the Imphal Airport on Saturday afternoon, where she
CNG which can be used in automobiles as fuel. was received by State Chief Secretary Oinam
Nabakishore, along with Director General of Police
Santosh Gondhalekar, director, research and L.M. Khaute, Imphal West Deputy Commissioner
development, said the idea of using agricultural Ningthoujam Jeoffrey, Superintendent of Police Dr.
residue for generation of CNG was considered as A.K. Jhaljit and State Protocol Officer Rehanuddin
the problem of disposal of agricultural waste was a Choudhury.
major concern in the country.
Read more:
Read More: http://indianexpress.com/article/india/india-news-
http://indianexpress.com/article/india/india-news- india/najma-heptulla-sworn-in-as-governor-of-
india/countrys-first-bio-cng-plant-to-be- manipur-2988550/
inaugurated-in-pune-on-sunday-2969150/
Newsbytes: National

27 killed as rain lashes three States

Heavy rain in Madhya Pradesh, Rajasthan and


Urjit Patel to be the next Governor of RBI Uttarakhand since Friday claimed 27 lives,
Urjit Patel has been named as the 24th governor even as rivers continued to be in spate in
of the Reserve Bank of India. Bihar.

Patel will take over from Raghuram Rajan when Fifteen deaths were reported in Madhya
the latter leaves office after his term ends on 4 Pradesh since Friday evening as the Met
September. The choice of Patel will ensure department predicted more showers and
continuity at the RBI since he has been the sounded heavy downpour alert for some
deputy governor in charge of monetary policy. districts on Sunday.

In a note released on 18 June, Rajan informed Three Indian Air Force aircraft dropped food
the staff of the Reserve Bank that he will return packets and medicines in flooded areas of
to academia after his term ends in September. Rewa district, Collector Rahul Jain said.
Read more:
http://www.livemint.com/Politics/uWsU1dinfL2eu Read more:
qEp0eSajI/Urjit-Patel-succeeds-Raghuram- http://www.thehindu.com/news/national/many-
Rajan-as-new-RBI-governor.html killed-as-rain-lashes-three-
states/article9012801.ece?w=alauto
Newsbytes: National

Central trade unions firm on September 2


nationwide strike call
Didnt stall judicial appointments: Govt.
Central trade unions, except the Rashtriya
Swayamsevak Sangh-affiliated Bharatiya Mazdoor
After facing repeated salvos from Chief Justice
Sangh, on Friday reiterated their decision to strike
T.S. Thakur over delay in judges appointments,
work on September 2, 2016 in support of their long
the Centre on Friday said it had no role in stalling
pending demands.
them.
A worried Narendra Modi government is engaged in
Government sources said that for almost a year-
talks with the BMS to dissuade its leaders not to be
and-a-half from August 2014 to December 16,
part of the strike as it would be a matter of
2015 the entire judicial appointments process
embarrassment. The Group of Ministers led by
went into a deep freeze mode and vacancies piled
Union Finance Minister Arun Jaitley is scheduled to
up as litigation challenging the National Judicial
hold a meeting with BMS leaders on August 22.
Appointments Commission (NJAC) laws dragged
on in the Supreme Court.
Read more:
http://www.thehindu.com/news/national/central- Read more:
trade-unions-firm-on-september-2-nationwide-strike- http://www.thehindu.com/news/national/didnt-stall-
call/article9011486.ece judicial-appointments-govt/article9008974.ece
Newsbytes: National
Turkey briefs India on Gulen network

BSF, Pak. Rangers to open more lines for contact


Turkey on Friday reached out to India over its
concerns about the network of Sufi leader Even as India and Pakistan are engaged in a bitter
Fethullah Gulen, which it holds responsible for the confrontation over Kashmir, with Pakistan accusing
July 16 coup attempt. The discussion on the Prime Minister Narendra Modi of crossing the line on
Gulen network was the highlight of wide-ranging Balochistan, the forces guarding the borders of the
exchange between the visiting Turkish Foreign two countries have decided to open more lines of
Minister Mevlut Cavusoglu and External Affairs communication.
Minister Sushma Swaraj. Indias Border Security Force and their counterparts,
the Pakistan Rangers, posted along the international
Coup attempt There were discussions on the border, have decided to add four additional telephone
terrorist attacks in Turkey and the internal lines for enhanced communication, up from the 12
developments, including the recent coup attempt. now.
In this context, the Turkish side briefed about the Read more:
role of Fethullah Gulen-led organisation [FETO], http://www.thehindu.com/news/national/bsf-pak-
sources confirmed to the media after Mr. rangers-to-open-more-lines-for-
Cavusoglu met Ms. Swaraj. contact/article9008981.ece
Read more:
http://www.thehindu.com/news/national/turkey-
briefs-india-on-gulen-network/article9008662.ece

Business
Newsbytes: Business

3,000 jobs to get affected post RBS project


Hike messaging app raises $175 million, joins scrap: Infosys
unicorn club
Infosys has said it will ramp-down about 3,000 jobs
India has a new unicorn, and its name is Hike. following Royal Bank of Scotland (RBS)s decision
Hike Ltd, which runs the messaging app Hike to cancel the project to set up a separate bank in the
Messenger, on Tuesday said that it has joined the UK.
billion-dollar valuation club by raising $175 million RBS announced last week that it will not pursue its
largely from Chinese Internet giant Tencent plan to separate and list a new UK standalone bank,
Holdings Ltd and Foxconn Technology Group of Williams & Glyn (W&G), for which Infosys was a key
Taiwan. technology partner.
According to the company, its latest round pumps
up its valuation to $1.4 billion. It has raised $250 Read More:
million till date. http://www.thehindu.com/business/Industry/wipro-
infrastructure-engineering-to-acquire-israel-firm-
Rea More: http://www.business- givon/article8929342.ece
standard.com/article/companies/hike-joins-
unicorn-club-raises-175-mn-from-tencent-
foxconn-116081600516_1.html
\
Newsbytes: Business

RBI, Sebi make another bid at deepening


Who Pays Whom? Getting to the Heart of Reliance corporate bond markets
Jio vs COAI
The Telecom Regulatory Authority of India (TRAI) in The banking and capital market regulators are
its released last week tackles the subject of proposing a series of measures to try and deepen
interconnection usage charges or IUC. Telecom service the countrys corporate bond market, which
providers (TSPs) enter into commercial consultation continues to remain shallow despite years of effort.
paper and technical arrangements with each other to The regulators, however, have stopped short of
facilitate interconnection. Some of the issues associated immediately accepting corporate bonds as a
with interconnection are agreed between TSPs while collateral at the central banks Liquidity Adjustment
other protocols are determined by the regulator (TRAI) in Facility (LAF) window, although they intend to move
order to finalize these arrangements. One such in that direction eventually. This was one measure
important issue that needs to be decided by the regulator that analysts felt could help the market leapfrog.
is the IUC.
Read More: Read More :
http://thewire.in/58883/who-pays-who-getting-to-the- http://www.livemint.com/Money/JudgJq9SnxGetcFk
heart-of-reliance-jio-vs-coai/ 54ByoN/RBI-Sebi-make-another-bid-at-deepening-
corporate-bond-marke.html
Newsbytes: Business
How to deal with a fellow worker who cant say No

When I worked as a global media coordinator for the


SBI sets swap ratio for merger with associates United Nations several years ago, I organized biweekly
conference calls, during which I would ask my colleagues
The board of State Bank of India (SBI) approved around the world to provide information by particular
a swap ratio for the merger of its three listed deadlines. My colleagues almost always responded with a
associate banks and the Bhartiya Mahila Bank. resounding yes, but all too often, the deadlines came and
The deal involves allotting 28 shares of SBI (of went without the requested material, leaving me
Re 1 each) for every 10 shares in State Bank of bewildered and upset.
Bikaner and Jaipur (Rs 10 each) and 22 shares of
SBI for every 10 shares held in State Bank of Finally, my South African boss had to explain what would
Mysore and State Bank of Travancore. never have occurred to me: In many cultures, it is rude to
say no. So some people would say yes to anything I
Read More: asked, regardless of whether they had any intention of
http://www.thehindu.com/business/Industry/sbi- delivering.
sets-swap-ratio-for-merger-with-
associates/article9003807.eces Read More:
http://www.thehindu.com/news-service/how-to-deal-with-
a-fellow-worker-who-cant-say-
no/article8925194.ece?theme=true
Newsbytes: Business

Food lifts WPI inflation to 23-month high

Wholesale price inflation accelerated to a 23-month


high of 3.6 per cent in July, driven mainly by higher
food prices, according to official data. The pace of
price gains as measured by the wholesale price
index more than doubled in July from 1.62 per cent
in June, leaving the Reserve Bank of India even less
elbow room to cut benchmark interest rates at its
next meeting, according to experts.
Read More:
http://www.thehindu.com/business/Economy/food-
lifts-wpi-inflation-to-23month-
high/article8995398.ece
Newsbytes: Business

Panel suggests corporate bond index, easier norms for FPIs

With an aim to develop corporate bond market in India, an expert


panel today suggested easing of norms for foreign investors, a
corporate bond index on the lines of Sensex or Nifty, and making it
mandatory for large corporates to tap this market for funds beyond
a threshold.

The panel, comprising nominees from Reserve Bank, Finance


Ministry, markets watchdog SEBI as also insurance and pension
regulators IRDAI and PFRDA, also wanted tightening of norms for
credit rating agencies by mandating them to strictly adhere to
timely public disclosure of defaults.

Read More:
http://www.thehindu.com/business/markets/panel-suggests-
corporate-bond-index-easier-norms-for-fpis/article9003894.ece
Newsbytes: Business

Centre imposes $380 million additional


penalty on RIL
Cipla, Godrej recognised in Fortune Change the
World list Government has slapped an additional penalty of
$380 million (around Rs.2,500 crore) on Reliance
Indias pharmaceutical giant Cipla and consumer Industries and its partners for producing less
goods conglomerate Godrej have been recognised by than targeted natural gas from eastern offshore
Fortune magazine in a list of global firms changing the KG-D6 fields.
world for the good and having a positive social impact With this, the total penalty, which is in form of
through their activities. disallowing recovery of cost incurred, for missing
Cipla is ranked 46th in the list of 50 followed by Godrej the target in five fiscal years beginning April 1,
on the 48th spot, the only Indian companies in the list. 2010, now stands at a cumulative $2.76 billion.
The Fortune 2016 Change the World list recognizes
companies that have had a positive social impact Read More:
through activities that are part of their core business http://www.thehindu.com/business/Industry/centr
strategy. e-imposes-380-million-additional-penalty-on-
ril/article9003896.ece
Read More:
http://www.thehindu.com/business/cipla-godrej-
recognised-in-fortune-change-the-world-
list/article9007658.ece
Newsbytes: Business

TCS throws weight behind blockchain

Singtel to buy 7.39% more in Bharti Telecom for $659 Tata Consultancy Services Ltd (TCS) is
million throwing its weight behind blockchain and
getting ready to launch core banking software
Singapore Telecommunications Ltd (Singtel) said on based on the underlying technology behind
Thursday that it had signed an agreement with its majority virtual currency Bitcoin.
owner Temasek Holdings (Pte) Ltd to purchase a 7.39% This will make Indias largest software exporter
stake in Bharti Telecom Ltd, the holding company of only the second large company globally to do
Indias largest telco Bharti Airtel Ltd, for $659.51 million. so. Incidentally, local rival Infosys Ltd launched
a blockchain framework for Finacle, its core
The deal will strengthen the foothold Singtel, South-East banking platform, earlier this year.
Asias largest telecom company, has in India, the worlds
second largest mobile-phone market, where consumers Read More:
are switching to smartphones from feature phones at a http://www.livemint.com/Companies/bXjPtlHZR
rapid pace. K46FQVb2hxhyN/TCS-throws-weight-behind-
blockchain.html
Read More:
http://www.livemint.com/Companies/bL1jZZdOhjoSkDsxK4
5vDJ/Singtel-to-buy-739-stake-in-Bharti-Telecom-
Thailans-Into.html
Newsbytes: Business

GIFT City banks get off to a roaring start mopping


TRAI moots spectrum usage charge for small up $650 mn
ISPs Countrys maiden international finance centre, GIFT
City in Ahmedabad, has got off to a good start with
financial services players mopping up over USD 650
In a move that would hit broadband users of smaller million in forex funds through the Centre as of June.
internet service providers (ISP), the Telecom Banks, which have opened their offices in the GIFT
Regulatory Authority of India (TRAI) has started a City has raised USD 650 million as of end June.
debate on whether to impose spectrum usage Primarily, this has been mopped up by Yes Bank and
charge on ISPs which operate on airwaves allocated Federal Bank, which have functional offices at the
administratively. centre, GiftCity chief executive and managing director
Ajay Pandey told PTI here.
Currently, ISPs pay a flat fee of around 3.5 lakh per When contacted, an Yes Bank official said the lenders
year for using 5MHz of spectrum. If TRAI imposes IFSC branch has mopped up USD 400 million this
usage charges, the operators will have to cough up a fiscal year alone, but refused to share client details.
fee based on their annual revenues.
Read More:
Read More: http://www.thehindubusinessline.com/economy/gift-
http://www.thehindubusinessline.com/info-tech/trai- city-banks-get-off-to-a-roaring-start-mopping-up-650-
moots-spectrum-usage-charge-for-small- mn/article9014256.ece?homepage=true
isps/article9008533.ece?homepage=true

TECHNOLOGY
NEWSBytes: Technology

Google launches Duo to take on Apples


FaceTime, Skype US set to cede control of domain naming system

Now you can see a live video of the caller before The US is set to cede power of the Internets naming
you answer. system to a non-profit organization on October 1,
Tech giant Google has launched its video calling ending the almost 20-year process to hand over a
app, Google Duo, for Android and iOS users, crucial part of the internets governance.
which will compete with apps like FaceTime and The Domain Naming System, DNS, is one of the
Skype. internets most important components.
The video calling app, which was first announced Key component
by Google three months ago at its I/O developer It pairs the easy-to-remember web addresses with
conference, aims to take the complexity out of their relevant servers.
video calling.
Read More
Read More http://www.thehindubusinessline.com/info-tech/us-
http://www.thehindu.com/sci- set-to-cede-control-of-domain-naming-
tech/technology/google-launches-duo-to-take-on- system/article9003591.ece
apples-facetime-skype/article8994369.ece
NEWSBytes: Technology

Tiny Stanford invention purifies water in


minutes using the sun

Intel's next-gen Kaby Lake processors Is that a piece of bark in your drink? A bug,
maybe? Nope. It's a tiny water-purifying tablet
Intel's 7th-gen Core processors, known as powered by the sun.
Kaby Lake, are right around the corner. What The device comes from scientists at the
does that mean? Faster, more capable Department of Energy's SLAC National
computers, obviously! Accelerator Laboratory and Stanford
But Kaby Lake isn't your typical chip upgrade. University's Institute for Materials and
Here's everything we know so far. Energy Science. It measures 1 centimeter by 2
What's a Kaby Lake? centimeters, about the size of half a postage
Intel's 7th-gen Core processors, presumably stamp, and decontaminates water fast using a
the latest and greatest CPUs the company readily available resource -- visible light from
has to offer. They're the successor to Intel's the sun's rays.
6th-gen "Skylake" processors from 2015.
Read More:
Read More: http://www.cnet.com/news/tiny-stanford-
http://www.cnet.com/news/intel-kaby-lake- invention-purifies-water-in-minutes-using-the-
7th-gen-core-processors-faq/ sun/
NEWSBytes: Technology

Disrupting Distribution How carbon nanotubes could give us faster


processors and longer battery life
When Harry Potter and the Cursed Child was
launched globally, Snapdeal arranged deliveries of Is that a piece of bark in your drink? A bug, maybe?
the book within two hours of the order being placed. It Nope. It's a tiny water-purifying tablet powered by the
could do so thanks to its predictive demand sun.
management system fueled by big data, and its 69 The device comes from scientists at the Department of
fulfilment centres across the country. Energy's SLAC National Accelerator Laboratory
In the age of instant gratification, its getting harder and Stanford University's Institute for Materials and
and harder for companies especially e-commerce Energy Science. It measures 1 centimeter by 2
retailers to meet customer expectations as centimeters, about the size of half a postage stamp,
shoppers want stuff here and now. Drones may help and decontaminates water fast using a readily available
in the future. But today, as Samay Kohli, CEO and resource -- visible light from the sun's rays.
co-founder of Grey Orange, a logistics start-up that
builds robotic solutions, says, The only way you can Read More:
do two-hour deliveries is if you set up automated https://techcrunch.com/2016/08/20/how-carbon-
warehouses which are closer to market. nanotubes-could-give-us-faster-processors-and-longer-
battery-life/
Read More:
http://www.thehindubusinessline.com/catalyst/disrupti
ng-distribution/article9002795.ece?homepage=true
NEWSBytes: Technology

Reimagining the ecosystem for identity


verification
Is big data in big trouble?
Whats in a name? When it comes in the form
We recently saw two critical developments in the of a password, everything. The password has
big data and analytics space. Tableau (DATA) long been the safeguard and in many cases,
released earnings and missed their forecast by the only one to protect our online identity.
$0.05; their stock dropped 5 percent.
Then Hortonworks (HDP) announced a revenue With increased mobility, and our need to stay
miss that sent the stock into a downward spiral. constantly plugged in, our online identity today
Whats going on with the business intelligence extends into almost every touch point of our
(BI) and Hadoop space? Should we run for the lives. From checking social media as soon as
hills, far away from the BI and big data space we wake up, to streaming music on a commute,
before it implodes? to doing one last email check before hitting the
pillow at night, our digital identity allows us to
What were we thinking? consume, connect and transact as we move
through the day.
Read More:
https://techcrunch.com/2016/08/19/is-big-data-in- Read More:
big-trouble/ https://techcrunch.com/2016/08/19/reimagining-
the-ecosystem-for-identity-verification//
STARTUPS
NEWSBytes: Startups

India worlds third biggest tech start-up hub: Study Askmebazaar may down shutters soon

India is home to the third largest number of technology


driven start-ups in the world, with the US and the UK One of the top 10 players in the Indian e-commerce
occupying the top two positions, according to a report. sector, Askmebazaar, is likely to down its shutters.
The study, done by Assocham in association with Astro Entertainment, the majority owner of Askme,
Thought Arbitrage Research Institute, also revealed that said on Friday it would review its investment in the
Bengaluru is host to the largest share of technology company in the absence of profits.
start-ups in the country, followed by Delhi NCR and The company denied it was shutting down, but
Mumbai, while Hyderabad and Chennai are also quite sources said Askme has asked its 4,000-odd
popular among budding tech entrepreneurs. In the employees to look out for other opportunities.
technology driven start-ups, India has moved up to third The Malaysian investment firm, Astro, owns around
position with the US occupying the top position with 95 per cent of Getit Infomedia, Askmes parent.
more than 47,000 and the UK with over 4,500.
Read More:
Read More: http://www.thehindubusinessline.com/info-
http://www.thehindubusinessline.com/economy/india- tech/askmebazaar-may-down-shutters-
worlds-third-biggest-tech-startup-hub- soon/article9008535.ece?homepage=true
study/article9014365.ece?homepage=true
NEWSBytes: Startups

This queen of seed funding has Europe under Gender-biased Indian startup ecosystem
her feet, America in her veins, and India in her only 21 of 670 funded startups in 2016
soul run by women

Reshma Sohoni is the Co-founder and managing Eight months into 2016 and 670 funding
partner of Seedcamp, a First Round Funds based deals worth $2 billion have been
in London with over 200 investments, and one of closed. Guess what percentage of these
the authors of the European Startup Manifesto, deals were bagged by startups with women
the document to support startups promoted by the co-founders or a solo woman founder? A
European Union. She was born in India and mere three percent. Approximately 14
moved to the US with her family when she was percent has gone into startups with male
10. Later, she went to France to do her MBA with and female co-founders, while the rest 83
a return ticket to the US but, as it happens, she fell percent went to those founded by men.
in love with Europe and decided to stay.
Read More:
Read More: https://yourstory.com/2016/08/gender-
https://yourstory.com/2016/08/reshma-sohoni- biased-startup-ecosystem/
seedcamp/https://yourstory.com/2016/08/reshma-
sohoni-seedcamp/

SPORTS
Newsbytes: India at Rio

Sakshi Malik Becomes The First Indian


Woman To Win An Olympic Medal In Kidambi Srikanth bows out fighting against
Wrestling defending champion Lin Dan in Rio Olympics
quarter-finals
The most glorious chapter in Olympic history in
terms of an individual athletes endeavor has India's Kidambi Srikanth went down fighting to two-
come to an end, providing students of the time defending champion Lin Dan of China in the
biggest youth movement of the world with quarter-finals of the men's singles event of
enough material, and more, to soak in and badminton competitions at the Olympic Games at
savour. Rio de Janeiro on Wednesday.
A lot of encomiums have already come the way
of Michael Phelps, the most decorated Five-time world champion Dan edged World No 11
Olympian ever, who, in an international career Srikanth 21-6, 11-21, 21-18.
spanning 16 years, has won everything in sight With this win, the 32-year-old Chinese legend took a
in the pool. 3-1 head-to-head lead against the 23-year-old
Indian shuttler.
Read more:
http://www.huffingtonpost.com/entry/sakshi- Read more:
malik-india- http://www.thehindu.com/sport/other-sports/inside-
wrestling_us_57b5d780e4b0fd5a2f41a3a1 an-olympians-testosterone-
ordeal/article8991078.ece
Newsbytes: Sports

Not so Super: Lin Dan bats off retirement talk after


Denmarks Viktor Axelsen wins Olympic Games
badminton bronze

Chinas Lin Dan, regarded by some as badmintons


greatest-ever player, batted off retirement talk after India to host 12-nation Kabaddi World Cup in
leaving the Rio de Janeiro Olympic Games empty-handed October
on Saturday after losing the bronze medal match to New Delhi: India will host the Kabaddi World Cup in
Denmarks Viktor Axelsen. October 2016, featuring South Africa, Canada,
The double Olympic champion took the first set 21-15 but United Kingdom, Australia, Iran, Poland, Pakistan,
tired to lose the following two games 21-10, 21-17 in a Bangladesh, Korea, Japan and Kenya.
defeat that likely brought the curtain down on his hallowed
Games career. Read More:
I was pretty drained from yesterdays match, Lin said, http://www.firstpost.com/sports/india-to-host-12-
referring to his semi-final defeat to Lee Chong Wei of nation-kabaddi-world-cup-in-october-2926422.html
Malaysia on Friday.
Read more:
http://www.scmp.com/sport/other-
sport/article/2006670/not-so-super-dan-chinas-lin-leaves-
rio-de-janeiro-empty-handed
Newsbytes: Sports

PV Sindhu creates history, wins silver medal


in Olympics
Neymar quits captaincy after leading Brazil to maiden
PV Sindhu has won India's second medal of the
Olympic Gold
2016 Rio Olympics, but it isn't the one she, her
coach P Gopichand and all those who tuned into
Neymar, who scored the winning goal of Brazil in the Gold
the gold medal women's singles badminton
medal match against Germany in Rio, said he had told his
match at the Riocentro on Friday wished for.
national team coach he wouldn't want to continue as
Sindhu, tenth in the global rankings, lost to
captain of the team.
Spain's Carolina Marin, ranked No 1, 21-19, 12-
Shortly after leading his country to a maiden Olympic
21, 15-21 to settle for silver.
gold, Neymar, in a televised interview, said he had told
national coach Tite that he did not want to continue as
Read More:
captain.
http://timesofindia.indiatimes.com/sports/rio-
"It was an honour, something that I received with all my
2016-olympics/india-in-olympics-
heart," he said.
2016/badminton/PV-Sindhu-creates-history-wins-
silver-medal-in-
Read more:
Olympics/articleshow/53774654.cms
http://indiatoday.intoday.in/olympics2016/story/neymar-
quits-captaincy-after-leading-brazil-to-maiden-olympic-
gold/1/745295.html
Newsbytes: Sports

Dipa Karmakar finishes 4th


Usain Bolt wins the 4x100m relay: Bolt completes the
Gymnast Dipa Karmakar narrowly missed the
triple triple before declaring himself 'the greatest' and
bronze by finishing fourth in the women's vault
vowing 'this is the last one'
event even as shuttler Saina Nehwal, the men's
Usain Bolt declared himself the greatest as he achieved
hockey team and tennis pair of Sania Mirza and
the unique sprint triple-triple that has long seemed his
Rohan Bopanna crashed out on a dismal day for
destiny.
India at the Olympic Games on Sunday.
Dipa, from the north eastern state Tripura,
Bolt, 29, won his third gold medal of Rio 2016 - and his
emerged as one of the few shining spots on a
ninth overall - as he anchored the Jamaican 4x100m relay
disastrous campaign as she ended up just
team to victory.
outside a medal bracket with 15.066 points after
putting on a superb display in the eight-woman
He had already said he would be immortal if he pulled it
vault final.
off, and after his last ever Olympic race he said: There you
Read More:
go. I am the greatest.
http://www.firstpost.com/sports/rio-olympics-
2016-dipa-karmakar-finishes-4th-saina-nehwal-
He adds the medal to the 100m and 200m golds he took
stunned-on-disappointing-day-for-india-
earlier in the Games, just as he did in London and Beijing.
2956176.html
Read more:
http://www.telegraph.co.uk/olympics/2016/08/19/usain-bolt-
runs-the-4x100m-relay-live-what-time-is-rio-olympic-f/

International
Newsbytes: International

Ryan Lochte Made Up Robbery Claim After Turkey wedding blast: 30 dead and 90 hurt in
U.S. Swimmers Damage Gas Station, Gaziantep
Brazilian Authorities Say A blast at an outdoor wedding party in the south
Brazilian authorities suggested Thursday that Turkish city of Gaziantep has killed at least 30
the U.S. swimmers who claimed they were people and injured 94 more, the authorities say.
robbed at gunpoint in Rio had made up the President Recep Tayyip Erdogan said so-called
robbery following an incident in which they Islamic State (IS) was likely to have carried it out
vandalized a gas station. amid reports of a suicide bomber targeting the
party.
Swimmer Ryan Lochte and teammates Gunnar The attack, in an area popular with university
Bentz, Jack Conger and Jimmy Feigen claimed students, could be heard across the city.
that they were robbed after leaving a party early Gaziantep, near the Syrian border, is known to
Sunday morning by individuals posing as police have several IS cells.
officers.
Read More: Read More:
http://time.com/4457457/ryan-lochte-olympics- http://www.bbc.com/news/world-europe-37146531
robbery-report/
Newsbytes: International

The stunned, bloodied face of 5-year-old Omran


Daqneesh sums up the horror of Aleppo
The video shows a child after he was pulled from rubble
in Aleppo, a Syrian city that has been devastated by
constant bombardment.
A man carried the boy away from the rubble after a
suspected Russian or Syrian regime airstrike in the
neighborhood of rebel-held Qaterji.
He placed him in an orange seat, and the boy brushed
his eye and face after the man walked away.
Looking dazed, he then wiped the blood and debris on
the seat.
Read More:
https://www.washingtonpost.com/news/worldviews/wp/2
016/08/17/the-stunned-bloodied-face-of-a-child-survivor-
sums-up-the-horror-of-aleppo/
Newsbytes: International
French Prime Minister Supports Local
Bans on Burkinis
Chinas Launch of a Quantum Satellite is a
Major Step in the Space Race
Full-body swimsuits worn by some Muslim
women have been banned in three French
Chinas launch of the first quantum satellite Tuesday
towns
will push forward efforts to develop the ability to
send communications that cant be penetrated by
French prime minister Manuel Valls has
hackers, experts said.
entered the fray over full-body swimsuits,
known as burkinis, offering support for
The satellite launched into space from the Jiuquan
several coastal towns that have banned
launch base in northwestern Chinas Gobi desert
them from beaches.
will allow Chinese researchers to transmit test
messages between Beijing and northwestern China
Valls said Wednesday that wearing a
as well as other locations around the world.Read
burkini is not compatible with the values
More:
of the French Republic,
http://time.com/4453675/china-quantum-satellite-
Read More:
launch/
http://time.com/4456282/france-pm-
manuel-valls-burkini-ban/
Newsbytes: International

Russian Warplanes Take Off From Iran to Chinese ships, planes hold war games in Sea of
Target ISIS in Syria Japan:
Chinese planes and ships held war games in the Sea of
Russias Defense Ministry says that Russian Japan last week, the military said, during which Beijing
warplanes have taken off from a base in Iran to displayed its latest-generation frigate at a time of bitter
target Islamic State fighters in Syria. territorial disputes with Asian neighbours.

Tuesdays announcement marks a major The Defence Ministry said in a statement on its website
development in the efforts against the Sunni late Saturday that the long-range exercises staged on
militant group. Russia has never used the territory Friday pitted a red army against a blue one in a
of another country in the Middle East except simulated bomber attack on a naval task force.
Syria for its operations inside Syria before this
.Read More: Read More
http://time.com/4453717/russia-syria-isis-strikes- http://www.thehindu.com/news/international/chinese-
iran/ ships-planes-hold-war-games-in-sea-of-
japan/article9014610.ece
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