Wednesday, May 5, 2010

check whether you know this

1. Idenify the product and the person displaying the product

Ans. Peter Chou, the CEO of HTC and the product that is so obvious is the Google Nexus One
2. Brijmohan along with his elder brothers Dayanand, Satyanand and his younger brother Om Prakash came to India to start a business of supplying components to manufacturers of bycycles. How do we know the company today?
Ans. Hero Motors

3. This entrepreneur started Microcomp to sell teledigital calculators in the Indian market. under the brand name "Televista ". Identify him
Ans. Shiv Nadar

4. Who is the mind behind the celebrated SKS Microfinance?
Ans. Vikram Akula

5. Connect the companies Sahara and Rendezvous?
Ans. The companies that are associated with the win of recent IPL bids.

Nano tech to make PCs, Internet 100 times faster

With the use of nano-based technology which can make computers and the Internet hundred times faster than usual, it seems the communication devices will be more powerful. Dr. Koby Scheuer of Tel Aviv University's School of Electrical Engineering has developed a new plastic-based technology for the nano-photonics market, which manufactures optical devices and components, reports ANI.



Created by Scheuer of Tel Aviv University's School of Electrical Engineering, the communications technology "enabler" could only be used in five or ten years in the future. The plastic-based "filter" is made from nanometer-sized grooves embedded into the plastic. When used in fibre optics cable switches, the new device will make our communication devices smaller, more flexible and more powerful, he said.

"Once Americans have a fibre optics cable coming into every home, all communication will go through it - telephone, cable TV, the Internet. But to avoid bottlenecks of information, we need to separate the information coming through into different channels. Our polymeric devices can do that in the optical domain - at a speed, quality and cost that the semi-conductor industry can't even imagine," said Scheuer.

Also, according to Scheuer, when that technology comes to light, the new plastic-based switches could revolutionize the way we communicate. "Right now, we could transmit all of the written text of the world though a single fiber in a fiber optics cable in just a few seconds. But in order to handle these massive amounts of communication data, we need filters to make sense of the incoming information. Ours uses a plastic-based switch, replacing hard-to-fabricate and expensive semi-conductors," said Scheuer.

"Our plastic polymer switches come in an easy-to-work-with liquid solution. Using a method called 'stamping,' almost any laboratory can make optical devices out of the silicon rubber mold we've developed," he added. The silicon rubber mould is scored with nano-sized grooves, invisible to the eye and each less than a millionth of a meter in width. A plastic solution can be poured over the mould to replicate the optical switch in minutes.

When in place in a fibre-optic network, the grooves on the switch modulate light coming in through the cables, and the data is filtered and encoded into usable information. The device can also be used in the gyros of planes, ships and rockets; inserted into cell phones; and made a part of flexible virtual reality gloves so doctors could "operate" on computer networks over large distances.

Internet banking frauds rise more than double

 With the rise of the online banking frauds, the number of cases is more than double over the past three years. The number of Internet frauds rose from 102 in 2007 to 113 in the following year and 269 in 2009, involving an amount of Rs. 2.51 crore, Rs. 5.53 crore and Rs. 5.90 crore, respectively, according to the Minister of State for Finance Namo Narain Meena, reports PTI.



"It may be observed that there has been an increase in the number of frauds perpetrated during the (previous) year as compared to 2007 and 2008," the Minister said. Also, according to the Minister, the RBI has already taken measures to check such frauds, such as making it mandatory for banks to put in place a system for providing additional authentication and validation, an online alert system for card holders in case of transactions of a value of over Rs. 5,000, redressal of grievances for wrongful billing and reporting of cases to police and ensuring follow-up action.

Should IT companies allow trade unions?

Nearly 2.3 million employees in IT and ITES sector in the country are badly in need of unions, shows the distress of techies. According to techies, though the sector is one of the largest employers, but the freedom to express problems within organizations is mostly curbed and it can also cause danger to their jobs.



According to Express Buzz, techies are citing examples of losing jobs and facing troubles. In October, 2005, when 57-year-old J S R Prasad volunteered to spearhead the trade union activities, his working conditions were 'altered,' forcing him to quit. In another case in 2007, when another techie, Sam Jose applied for one year leave to pursue further education, his employer gave necessary approvals, but axed him citing poor performance without his knowledge

"Employers want power neutralization and strongly oppose unions. Agreed, they offer favorable working environment, but that's not enough. Several issues, be it promotion or differential treatment by co-workers on caste and community basis can occur. Who will employees turn to when in need?" questions, Karthik Shekhar, General Secretary, UNITES, trade union representing IT & ITES sector in Hyderabad. He added that, employees prefer to live with the prevailing conditions or move out in search of other jobs instead of fighting for their own cause.

"Working hours is being stretched and work pressure is going up. It's high time we have a platform that can fight for our rights and give some relief," said a team leader working for one of the big four IT giants in the country.

"Companies don't want to talk anything negative. Periodically, they talk about innovative HR practices, but have they ever publicised 10 or 100 top most concerns faced by employees? The hype and fanfare attached to the so-called big brands, sometimes seems inflated." But employers seem averse to the very idea of unions.

"We interact with employees across all levels. I dont see the need for a union. Anyone can contact the CEO directly," said HR head of a city-based IT services company.