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The Securities & Exchange Board of India has announced relaxed listing norms on 23rd June 2015 . This will help aim at encouraging the startup industry to enter into the local market, and providing investor access. Recent Amendments The alternative listing platform would enable startups to raise capital and list in the country. The regulator
Sahitya Akademi has announced Bal Sahitya Puraskar, in which five novelists, four writers of short stories, and three authors of poetries, among others, have been awarded for their contribution to children’s literature. The award comprises Rs 50,000 and a casket containing an inscribed copper plaque and a citation. Winners List – Novelists Tiren Boro (Bodo) Sowmya Rajendran
Facebook’s artificial intelligence lab can recognize people in photographs even when their faces are hidden. This algorithm will recognize a person through their unique characteristics such as hairdo, clothing, body shape and pose. The research team pulled almost 40,000 public photos from Flickr — some of people with their full face clearly visible, and others where
Boeing CEO James McNerney is leaving the company’s top executive position, and the Chicago-based aviation manufacturer’s Dennis Muilenburg will take his place. Muilenburg will move into the CEO and president job at Boeing on July 1 2015. McNerney, 65, who became Boeing’s chief executive in 2005, will retain his role as chairman. Muilenburg has served in
The State Bank of India has named Praveen Gupta as its new managing director and chief executive of its merchant banking arm, SBI Capital Markets. Praveen succeeds Rajnish Kumar, who has been promoted as managing director. Prior to this appointment, Gupta was the deputy managing director and chief financial officer of the nation’s largest lender. About SBI
