Wipro Q3 Results Fires All Engines Shares Up By Almost 8

first_imgReuters FileWipro shares jumped almost 8% on Monday on the back of better than expected results, and as stockbroker Nirmal Bang put it, “All engines fire(d) after a long time.”The Bengaluru based company reported its third-quarter results ended 31 December 2014 after market hours on Friday, with its consolidated profit standing at ₹2,193 crore on consolidated revenue of ₹12,085 crore. In dollar terms, Wipro’s recorded a sequential growth of 1.3%, even as Infosys came in at 0.8% while Tata Consultancy Services posted flat results. In constant currency terms, Wipro’s revenue grew 3.7%, recording a 12-quarter high.From a constant currency QoQ revenue growth perspective, Wipro’s consistent performance, will result in the current 30% P/E discount, which it shares with TCS, settling down at 20-25% in the near term, said Bang.The company issued its guidance for 1.1-3.1% sequential dollar revenue growth in the March quarter. On the higher end of the guidance, Wipro could close the year with a 8% revenue growth, closer to the revenue growth Infosys has planned to achieve — 7-9% — for the current fiscal, reported NDTV Profit.The software giant reported a 40 basis point increase in its operating margin, which at 21.8% is significantly lower than the first two competitors.The company’s scrip was trading at 591.40, up by 36.35 or 6.55% at 11:12 am.last_img read more

21 gold sheets seized at Shahjalal Airport

first_imgCustoms officials at Hazrat Shahjalal International Airport on Monday seized 21 gold sheets weighing 2.228 kilograms and arrested a passenger in this connection.The arrestee is identified as Zinnat Mahmud Shamim, 41, son of Abdul Khalek Bepari, from Munshiganj.Based on secret information, a team of Dhaka Customs House officials challenged Shamim who arrived here around 12:45am by a flight from Kualalampur, said Customs Intelligence and Investigation Directorate (CIID) director general Moinul Khan.The gold sheets were detected after scanning Shamim’s luggage, he added.last_img

2 missing in Sherpur boat capsize

first_imgTwo day labourers went missing as a boat capsized in the Old Brahmaputra river in Dakpara area of Sadar upazila on Thursday evening.They are Farid Hossain, 26, son of Yusuf Ali, and Shahidul Islam, 25, son of Bahadur Mia, residents of Mollapara village of the upazila.Sub-inspector of Sadar police station Mostafizur Rahman said that the boat carrying 22 day labourers sank in the river due to stormy weather.Two of them went missing although the others managed to swim ashore.A diver team of Mymensingh Fire Service rushed to the spot around 10:00am on Friday and continued rescue operation till 2:00pm, but they couldn’t trace the missing, he added.last_img

Thousands protest in Spain over gang rape acquittal

first_imgPeople shout slogans during a protest in Pamplona on 28 April 2018 after five men, accused of gang raping a woman at Pamplona`s bull-running festival, were sentenced to nine years in jail for `sexual abuse,` avoiding the more serious charge of rape. The men, aged 27 to 29 who called themselves `the pack`, had been accused of raping the woman, then aged 18, at the entrance to an apartment building in Pamplona on 7 July 2016, at the start of the week-long San Fermin festival, which draws tens of thousands of visitors. AFPTens of thousands of Spaniards took to the streets of Pamplona on Saturday to protest against the acquittal of five men accused of gang raping an 18-year-old woman at the city’s bull-running festival.Demonstrators have filled streets across the country since the court ruling on Thursday, leading Spain’s conservative government to say it will consider changing rape laws.The men were acquitted of sexual assault, which includes rape, and sentenced to nine years for the lesser offence of sexual abuse.In Pamplona itself, police said that “between 32,000 and 35,000 people” took part in a demonstration on Saturday, rallying under the slogan “it’s not sexual abuse, it’s rape”.Thousands of women marched together with their hands raised at the protest, which police said passed off peacefully.Ana Botin, the influential head of Santander, one of Spain’s biggest banks, tweeted that the ruling was “a step back for women’s security” while former judge Manuela Carmena, now Madrid mayor, said it “does not meet women’s demand for justice.”The men, aged 27 to 29, had been accused of raping the woman at the entrance to an apartment building in Pamplona on 7 July, 2016, at the start of the week-long San Fermin festival, which draws tens of thousands of visitors.The five, all from the southern city of Seville, filmed the incident with their smartphones and then bragged about it on a WhatsApp messaging group where they referred to themselves as “La Manada”, or “The Pack” in English.Online petitionA woman gets a Venus symbol drawn on her face during a protest in Pamplona on 28 April 2018 after five men, accused of gang raping a woman at Pamplona`s bull-running festival, were sentenced to nine years in jail for `sexual abuse,` avoiding the more serious charge of rape. AFPAn online petition calling for the disqualification of the judges who passed the sentence gathered more than 1.2 million signatures by Saturday.The issue also hogged the headlines of newspapers all around the country and an order of Carmelite nuns added their voices to the wave of condemnation of the court judgement.Under Spain’s criminal code, evidence of violence or intimidation must exist for the offence of rape to be proved.But that was a legal nuance that was “not always easy to establish,” top-selling daily El Pais wrote in an editorial.It “leads to the painful question of just how much a person needs to fight to avoid being raped without risking getting killed, and still get recognised as a victim of a serious attack against sexual freedom while ensuring that the perpetrators do not enjoy impunity,” the newspaper said.In their ruling, the judges said that “it is indisputable that the plaintiff suddenly found herself in a narrow and hidden place, surrounded by five older, thick-bodied males who left her overwhelmed and unresponsive.”The videos show the plaintiff surrounded and stuck against the wall by two of the accused… she has an absent grimace, and keeps her eyes closed,” they added.’Macho culture’ Already on Thursday, large crowds of mainly women had marched in cities across Spain, including Madrid and Barcelona, following the court sentencing. In the northern city of Santander protesters blocked roads, public television TVE reported.Then on Friday, thousands of people demonstrated outside the Pamplona court where the judgement was made.And a community of 16 Carmelite nuns in the Hondarribia monastery in the Basque country condemned the court ruling on Facebook.”We live cloistered away, wearing a habit that reaches down to our ankles, we don’t go out in the evening, we don’t go to parties, we don’t drink alcohol and we’ve undertaken a vow of chastity,” the nuns said.”And because that’s our free choice, we will defend with all the means at our disposal… the right of all woman to FREELY do the opposite, without them being judged, raped, threatened, killed or humiliated,” they wrote.State prosecutors said they would appeal the ruling.Adriana Lastra, a top official with Spain’s main opposition Socialist party, said the court ruling was “disgraceful”.”It’s the product of a patriarchal and macho culture,” she added.The case was cited in signs carried by many women during massive demonstrations held in cities across Spain to mark International Women’s Day in March, which were among the largest in Europe.last_img

Tribute to MIT Physics Prof Lewin FreeOnLine MIT Courses

first_imgThe Massachusetts Institute of Technology is offering 1800 full courses on-line to the public at no charge. In part the work of Professor Walter H.G. Lewin of MIT is the reason for the popularization of higher learning in science. Citation: Tribute to MIT Physics Prof Lewin: Free-On-Line MIT Courses (2007, December 20) retrieved 18 August 2019 from https://phys.org/news/2007-12-tribute-mit-physics-prof-lewin.html Explore further Image of dye introduced into water in motion. Credit: Prof. Marshall MIT The machine that made the Moon missions possible The International Herald Tribune reporter, Sara Rimer has written a great story on Physicist Walter H. G. Lewin of the Massachusetts Institute of Technology at Cambridge. The gist of the story is the availability of open source on-line physics courses offered by prestigious institutions of higher learning and their effect on the general public. Dr. Lewin has become a quartz star with a following that Mic Jagger would appreciate. The effect is spectacular, and has provided a real second-life to golden years professors by introducing them to the general public. Individuals who for one reason or another were unable to attend a prestigious school, but nonetheless possess an exuberance for higher learning. This article surveys various on-line opportunities for learning more about science. MIT Open Course Ware:The MIT Open Course Ware project is funded by donations and is free to the public. In addition to Dr. Lewin´s courses, there are about 1800 on-line complete courses offered by MIT. Courses are available in the undergraduate and graduate division list of courses. Many are survey courses and introductory type classes easily accessible to any one with a quest for knowledge. Examples:Do you have an interest in wireless communications or a job in communication and would like to add depth to your knowledge base? Check out a complete introduction course on the subject. This is not a teaser version. This is the entire course that MIT allows you to take for no university credits, but at no charge. All that is necessary is to download the course on your computer and point and click your way to achieve a solid foundation in wireless communications. 6.452 Principles of Wireless Communications at ocw.mit.edu/OcwWeb .Are you interested in the Physics of Atmospheres and Oceans? This course was offered to students of MIT in the Fall of 2007. It is free of charge to the public and offered by MIT´s Earth, Atmospheric and Planetary Sciences with the eminent Professor John Marshall. The course lays out the laws of classical mechanics and thermodynamics. This vehicle allows you to explore how the dynamics of fluids combined with the rotating earth effect atmospheric winds, currents and climate of the earth. See: 12.003 Physics of Atmosphers and Oceans at ocw.mit.edu/OcwWeb/Earth .Have you ever pondered the basis of how we hear and see? If you are a programmer, game developer or amateur inventor, knowing the fundamentals of the neural system is essential. MIT’s Brain and Cognitive Sciences offers a free course called, 9.04 Neural Basis of Vision and Audition. The course will give you the science behind the perception. The course may not have been in the average software engineers core curriculum, but it should have been. See: ocw.mit.edu/OcwWeb/Brain .In conclusion, the old adage, Knowledge is Power, subsumes the most important aspect. A solid education prevents you from “knowing a whole lot of junk, that simply isn’t true.” This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more