4 Indian-origin women in Forbes top tech moguls' list

Agencies
November 30, 2018

New York, Nov 30: Four Indian-origin women have been named by Forbes among America's top 50 female technology moguls, a list that includes tech heavyweights IBM CEO Ginni Rometty and Netflix executive Anne Aaron.

Padmasree Warrior, former chief technology officer (CTO) of Cisco; Komal Mangtani, senior director at app-cab aggregator Uber; Neha Narkhede, chief technology officer and co-founder of streaming platform Confluent; and Kamakshi Sivaramakrishnan, CEO and founder of identity-management company Drawbrige; are in the list.

"Women don't wait for the future. The 2018 Inaugural Top 50 Women In Technology list identifies three generations of forward-thinking technologists leading more than a dozen tech sectors across the globe," Forbes said in its 'America's Top 50 Women in Tech 2018'.

Warrior (58) served in executive positions at both Motorola and Cisco and is now the US CEO of the Chinese electric-autonomous-vehicle startup, NIO.

At the USD 138-billion Cisco Systems, she had helped the tech giant grow in influence through acquisitions. She is also on the boards of Microsoft and Spotify.

"Warrior still finds the time to mentor other women in the tech industry, stay in touch with her 1.6 million Twitter followers and follow a nightly meditation routine," the business magazine said.

Mangtani, an alumnus of Dharmsinh Desai Institute of Technology in Gujarat, heads business intelligence at Uber. Currently, she serves on the board of nonprofit organisation Women Who Code and led Uber's USD 1.2-billion donation and partnership with Girls Who Code to increase access to computer science.

Narkhede, who studied at Pune university, had as a software engineer at LinkedIn helped develop Apache Kafka -- which can process the huge influx of data coming from the site in real time. The data-processing software has become the heart of Confluent, an enterprise Narkhede founded with her LinkedIn co-workers to build tools for companies using Apache Kafka, Forbes said.

The 32-year-old's firm counts Goldman Sachs, Netflix and Uber as customers.

Forty-three-year-old Sivaramakrishnan's company, Drawbridge, uses large-scale artificial intelligence and machine learning to identify the different devices people.

"As the number of devices people use on a daily basis -- computers, laptops and smartphones -- increase, advertisers need a way to show ads to a person across all their devices. Facebook and Google already offer these services to advertisers, but now they have a competitor with Kamakshi Sivaramakrishnan's Drawbridge," Forbes added.

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News Network
June 15,2020

New Delhi, Jun 15: On Monday, petrol and diesel prices across the country were raised for the ninth consecutive day by 48 paise and 59 paise, respectively.

Petrol price per litre was raised to Rs 76.26 in New Delhi, Rs 83.17 in Mumbai, Rs 79.96 in Chennai, Rs 79.17 in Hyderabad, Rs 78.73 in Bengaluru and Rs 78.10 in Kolkata.

Diesel price per litre was hiked to Rs 74.62 in New Delhi, Rs 73.21 in Mumbai, Rs 72.69 in Chennai, Rs 72.93 in Hyderabad, Rs 70.95 in Bengaluru and Rs 70.33 in Kolkata.

Since 7 June, after ending their 82-day hiatus in daily revision, state-owned oil marketing companies have increased petrol price by Rs 5 per litre and diesel by Rs 5.23 per litre.

These prices are close to levels last seen in October-November 2018 when international oil prices had spiked close to $80 per barrel. In October 2018, petrol price in Mumbai had crossed Rs 90-mark and in Delhi, it was around Rs 83 per litre.

Comparatively, on Monday, Brent crude, the international benchmark for crude oil prices, fell 2.3 percent to $37.84 a barrel over concerns of subdued demand for fuel as new coronavirus infections were reported in China and the US.

The present spike in fuel prices in India could be attributed to the fact that central and state governments, along with oil marketing companies are looking to make up for their loss in revenues due to the lockdown.

Last month, the central government had increased the excise duty on per litre of petrol by Rs 10 and per litre of diesel by Rs 13. Several state governments have also hiked their VAT or cess on fuel in the last month. In fact, now around 70 percent of the retail price of fuel is just some form of tax.

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News Network
January 23,2020

Patna, Jan 23: "They should go wherever they want," Bihar Chief Minister and JDU supremo Nitish Kumar said on Thursday when asked of Prashant Kishor and Pavan Verma's repeated questions about the party's stand's on the newly enacted Citizenship Act.

"It is their personal decision. They should go wherever they want. We don't have an objection. Don't look at JDU in the context of statements by some people. JDU works with determination. We have a clear stand and don't have any confusion," the Chief Minister told reporters here.

"If they have something to tell, they should come and discuss it within the party. They should go wherever they want. They have my good wishes," he said.

JDU spokesperson and national general secretary Pavan Verma has questioned his party's alliance with the BJP in Delhi Assembly polls while Kishor has more than once made his differences with the party known on the issue of the amended Citizenship Act, and National Register of Citizens.

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Agencies
July 15,2020

New Delhi, Jul 15: Air India has started the process of identifying employees, based on various factors like efficiency, health and redundancy, who will be sent on compulsory leave without pay (LWP) for up to five years, according to an official order.

The airline's board of directors have authorised its Chairman and Managing Director Rajiv Bansal to send employees on LWP "for six months or for a period of two years extendable upto five years, depending upon the following factors - suitability, efficiency, competence, quality of performance, health of the employee, instance of non-availability of the employee for duty in the past as a result of ill health or otherwise and redundancy", the order said on Tuesday.

The departmental heads in the headquarter as well as regional directors are required to assess each employee "on the above mentioned factors and identify the cases where option of compulsory LWP can be exercised", stated the order dated July 14.

"Names of such employees need to be forwarded to the General Manager (Personnel) in headquarter for obtaining necessary approval of CMD," the order added.

In response to queries regarding this matter, Air India spokesperson said,"We would not like to make any comment on the issue."

Aviation sector has been significantly impacted due to the travel restrictions imposed in India and other countries due to the coronavirus pandemic. All airlines in India have taken cost-cutting measures such as pay cuts, LWP and firings of employees in order to conserve cash flow.

For example, GoAir has put most of its employees on compulsory LWP since April.

India resumed domestic passenger flights from May 25 after a gap of two months due to the coronavirus pandemic.

However, the airlines have been allowed to operate only a maximum of 45 per cent of their pre-COVID domestic flights. Occupancy rate in Indian domestic flights has been around 50-60 per cent since May 25.

Scheduled international passenger flights continue to remain suspended in India since March 23.

The passenger demand for air travel will contract by 49 per cent in 2020 for Indian carriers in comparison to 2019 due to COVID-19 crisis, said global airlines body IATA on Monday.

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