Pakistan loses right to host World cup 2011

Pakistan has been stripped of hosting rights for the 2011 World Cup because of the 'uncertain security situation' in the country.Pakistan cricket officials and former team captains were shocked on Friday.

Pakistan had been scheduled to stage the event with subcontinent neighbours India, Sri Lanka and Bangladesh but the International Cricket Council (ICC) said it had decided to ditch them as hosts to "deliver a safe, secure and successful event".The decision comes after terrorists attacked the Sri Lankan team bus in Lahore and killed six police officers and a driver on March 3. The World Cup Secretariat will now be shifted from Lahore and the World Cup matches will now be hosted by Sri Lanka, India and Bangladesh.

According to sources, Pakistan was hopeful of support from India in this regard but it failed to extend the same.

Infy trainee commits suicide in its Mysore campus

Infosys trainee Abhijit Mukherjee(22) has allegedly committed suicide in the Mysore campus. Infosys Mysore is a specially built technology centre for the freshers who join the company just after finishing their graduation. Many in the IT sector know that training in Infosys is the most toughest and highly challenging.
Abhijith Mukherjee was found hanging in his room on the campus.His suicide note said: "I am dejected in life and nobody is responsible for my death."A case has been registered.
According to police, Abhijith, a native of West Bengal, had come to Mysore in February for training at the Mysore campus. He was given a separate room. Police suspect he committed suicide on Tuesday night.

124 Lok Sabha seats goes to polls today in the first phase

The world’s biggest democratic exercise got under way this morning as India began voting in a marathon month-long general election that looks certain to produce a fragile coalition government. The vote is the first of five phases in which some 714 million people — more than twice the population of the United States — will be eligible to cast ballots. More than 140 million were eligible to vote on Thursday.The outcome of the five-stage election will be known on May 16.

Up to 2.1 million security personnel have been deployed to prevent another terrorist attack like the one on Mumbai in November.Unlike in many Western democracies, the number of Indians voting has increased with every general election. And poorer people are more likely to vote than the rich.

No wage hike,lay offs: Infosys

Infosys Technologies has reported a 29% year-on-year increase in its Q4 net profit on improved operating margins, but forecast a decline in its revenue and earnings as many of its clients have been hit by the global financial crisis.
Net profit after tax (PAT) surged to Rs1,613 crore in the recently concluded quarter, up 29.1 per cent from the year-ago period. The revenue rose 24.1 per cent to Rs5,635 crore on year-on-year basis.

The cash and cash equivalents, including investments in liquid mutual funds and certificate of deposits, as on March 31, 2009 were Rs 10,993 crore," a company statement said.

Infosys HR head, Mr. Mohandas Pai also told that there wont be any increments or promotions for this fiscal year. Also, there wont be any layoffs apart from poor performers who will be outplaced. Earlier in the year the IT behemoth laid off 2100 employees. Mohandas Pai also said that all campus offerings of about 20,000 will be honoured.

Tech Mahindra wins bid for Satyam Computers

Tech Mahindra wins bid for the scam-rotten Satyam Computer Services. The 4th largest Software firm in India nosedived after its former Chairman Ramalinga Raju revealed about his decade long fraud of about Rs.7000 crore. Tech Mahindra will pay Rs.1757 crore for 31% stake in Satyam. Satyam will now have a market cap of Rs.5800 crores with its expanded equity. There is a likely acceptance ratio of 34% in Satyam open offer. The price quoted by Tech Mahindra Rs.58/share. A total of Rs.2889 crore will be paid for the whole 51% share in Satyam.

Industry sources say there is a lot of synergies between Tech Mahindra and Satyam. The clients of Satyam can also be relieved that the take over process has come to a happy ending. The Company Law Board has said that Satyam will file an affidavit quoting the winning bidder.

L&T has a 12% stake and Fidelity has some 4 crore shares in Satyam. Its likely that Tech Mahindra might buyout those shares too.

Scents and smell

Scents and perfumes have perhaps become the most household nemes these days.People
tend to get attracted to certain kinds of smells.Scent of the perfumes which is full of fragrance is about a certain perfume called Axe. Its my favourite perfume and the wholesome smell is something breathtaking. The different types with which they come out everytime is also amazing. The "Axe affect" as they call it one of the best marketed brands anywhere in the world. The brand name has a special place for all perfume lovers. It perhaps can do away with some dull perfume types and concentrate on its niche customers.The price is another important criteria for its everlasting glory. Its priced at a reasonably and its at its best modest pricing.So, everything goes well for this brand and also has a niche customers. That is why many like the author himself is very much attracted to the brand.