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I knew they meant business

A mom and dad were worried about their son not wanting to learn math at the school he was in, so they decided to send him to a Catholic school. After the first day of school, their son comes racing into the house, goes straight into his room and slams the door shut.

Mom and dad are a little worried about this and go to his room to see if he is okay. They find him sitting at his desk doing his homework.

The boy keeps doing that for the rest of the year. At the end of the year the son brings home his report card and gives it to his mom and dad.

Looking at it they see under math an A .

Mom and dad are very happy and ask the son, "What changed your mind about learning math?"

The son looked at mom and dad and said, "Well, on the first day when I walked into the classroom, I saw a guy nailed to the plus sign at the back of the room behind the teacher's desk and I knew they meant business."

Smokers found to have lower IQs than non-smokers

New York: We have heard that smoking is injurious to health and smokers are very prone to diseases, but new study states that cigarette smokers also have lower IQs than non-smokers.

According to a study of over 20,000 Israeli military recruits, it is found that young men who smoked a pack of cigarettes a day or more had IQ scores 7.5 points lower than non-smokers. "Adolescents with poorer IQ scores might be targeted for programmes designed to prevent smoking," said Dr Mark Weiser and colleagues from Sheba Medical Center in Tel Hashomer, who did the study. The researchers looked at 2,0211 men who were 18-year-old and recruited into the Israeli military. The group did not include anyone who was having major mental health problems.



According to the study, the average IQ for non-smokers was about 101, while it was 94 for men who had started smoking before entering the military. The IQ steadily dropped as the number of cigarettes smoked increased, from 98 for people who smoked one to five cigarettes daily to 90 for those who smoked more than a pack a day. IQ scores from 84 to 116 are considered as the average intelligence.

Govt spends Rs.5.2 Crore for Kasab's 'anda' cell

Mumbai: To Protect 26/11 Mumbai Terrorist attack alone survivor Ajmal Kasab from any possible attack or sabotage, Maharashtra Government has spent Rs 5.24 crore to construct a high security cell at Arthur Road Jail.

The cell which is called as -'anda' cell, where Kasab is kept in solitary confinement, has a reinforced steel wall. Talking to the Times of India, a Government official said that this is arguably one of the costliest infrastructure reinforcements provided for a single accused in the country.

This fact came int public notice, after Juhu-based activist Yogacharaya Anandji had filed the RTI query to know the total investment done by government to construct anda cell. Anandji said, "This much of expenditure is just a footnote. It does not include lawyer's fees, protection given by security forces and possible delays in the legal process."

India raised only 1 percent spending on climate change

New Delhi: The Union government expenditure on measures to adapt to climate change has increased a measly one percent of the gross domestic product (GDP) in past four years, a study released here Tuesday said.

The study conducted by NGO Oxfam and the Center for Budget and Governance Accountability found that the government's expenditure on adaptation to climate change was 1.7 percent of the GDP, contrary to the National Action Plan on Climate Change (NAPCC) claim of government spending 2.6 percent.

"In fact, based on our study we found that expenditure on adaptation to climate change shows a paltry increase of one percent of GDP from 2006-07 to 2009-2010," the study found.

The NGO studied over 146 government schemes related to climate change under various ministries over a period of four years.

"However, this one percent rise in infrastructure has been largely due to increase in expenditure on some specific programmes relating mainly to poverty alleviation like National Rural Employment Guarantee Scheme (NREGA), in which the expenditure has doubled," it said.

The study classifies government's expenditure on adaptation to climate change into two broad area - expenditure towards enhancing human capabilities and towards conservation and management of natural resources.

The study finds that in 2009-10, expenditure towards enhancing human capabilities constituted more than 80 percent of government total expenditure on adaptation on climate change while a meagre 0.5 percent of GDP was spent on conservation of natural resources.

"Sectors that are crucial to any adaptation interventions such as food security, health, rural and urban housing for the poor, and infrastructure for education have received inadequate attention. These sectors need to be integrated into country's adaptation policy network," said Nisha Agrawal, chief executive officer of Oxfam India.

The study argued that a National Adaptation Fund should be set up by the government to provide dedicated financial resources to sector that are vulnerable to climate change.

$1 Billion outsourcing deals may come to India

New Delhi: As firms in verticals like retail, banking, telecom and utilities try to manage the renewed demand for their services and also lower their operational costs, large outsourcing contracts worth nearly $1 billion may come to India. Last week, outsourcing experts and industry officials told that auto customers too are looking to award large contracts for managing their business and IT systems this year, reports Pramugdha Mamgain of Economic Times.

British Petroleum's IT contract worth $1.5 billion awarded to Indian IT majors TCS, Infosys and Wipro early this year was one such mega deal. There are several such projects lined up in the country's power sector as well, said Everest Group Country Head Gaurav Gupta. "Governments in the U.S. and other western markets tend to account for a big chunk of mega deals, but Indian companies are not strong contenders," he said. According to him, large deals for Indian firms are typically in the range of $50-100 million, though some Indian IT services vendors currently have some mega outsourcing contracts in the pipeline.

The latest TPI Index shows that almost $25 billion worth outsourcing contracts were awarded in the fourth quarter of 2009, up 47 percent over the third quarter. Each of these three large industry verticals, including financial services, manufacturing and telecom, saw sequential growth of 33 percent, 76 percent and 24 percent, respectively, in the second half of the previous year. In 2009, almost 70 percent of all broader market contracts were valued at under $100 million in total contract value globally.

"We see both large and small deals coming back to the table. Although the traditional verticals like telecom, financial services and manufacturing have gained volume, it has been observed that new verticals like retail, media and entertainment, healthcare are also driving growth," said Suresh Sundaram, HCL Technologies Global Head for Marketing and Strategy. He added that sectors like public services and energies and utilities and geographies such as Continental Europe, Asia and Latin America should be the ones to watch for in the long term.

IIM-A placements --Deutsche offers record Rs.1.44 Crore

Gandhinagar: The second phase of the placement process at the Indian Institute of Management-Ahmedabad (IIM-A) is going on well with over 20 offers made, and Deutsche bank setting the pace, with record offer of Rs. 1.44 crore plus package, reports Economic Times.

IIM-A started its placement process on February 13 and so far, companies have come to the campus under two clusters for the placements which is likely to be a month-long process. Deloitte made 10 offers (including lateral offers) for consulting roles while other regular recruiters like TAS and Feedback ventures offered general management and
consulting roles and hired six students each.


According to a statement issued by the IIM-A, Indian investment banks, corporate leadership programme and global fast-moving consumer goods (FMCG) operations are among the several prominent cohorts constituting cluster two.

Other recruiters on campus were Hindustan Unilever, Procter & Gamble, American Express, Standard Chartered and Nestle. Apart from the offers extended Sunday, Nestle is also in the process of exclusively hiring IIM-A students for its International Management and Sales Training Programme. This is the first time Nestle is offering this role in India.

According to recruitment secretary, Himanshu Nema, "It is heartening to see recruiters from a variety of sectors taking a liking to the new cohort based process."

Meanwhile, the IIM-A announced a further delay in the declaration of CAT 2009 results to end of February.

Source : http://www.siliconindia.com