Companies & Sectors
Railways introduces 33 per cent sub-quota for women in catering units
The Indian Railways on Thursday introduced a sub-quota of 33 per cent for women in allotment of each of the reserved catering units and also launched a new 'Train at a Glance' and time table effective from October 1.
 
Railway Minister Suresh Prabhu said: "The introduction of new policy providing sub-quota of 33 per cent to women in catering units is a step towards women empowerment and their increased participation in the railways."
 
He also said that the Railways will continue to introduce such new reformative steps.
 
Apart from these, the Railways also liberalised station-to-station special freight rates policy, launched policy giving preference to local domicile holders for commercial licenses at stations, and introduced new system of allocating vacant berths after final charting to wayside stations.
 
According to the ministry, 33 per cent sub-quota reservation for women shall ensure allotment of minimum 8 per cent stalls to women at A1, A, B and C category rail stations and minimum 17 per cent at D, E and F category stations.
 
The highlights of the improvements planned in the new time table -- that will come into effect from October 1 -- include the specifics of the four new brands of train products.
 
"In this timetable, we have reduced the journey times in 350 existing trains, 75 of which have made it to the superfast category," said Prabhu.
 
"We have converted 240 operational halts into commercial stoppages and have for the first time provided in the time table, train connectivities to the north-eastern states of Tripura, Manipur and Mizoram," he added.
 
Also incorporated in the time table are 36 new services, some of which have been introduced in this financial year. Some of these will be coming soon, like the 10 up and down Humsafar trains, seven Antyodaya, three Tejas and three UDAY trains, besides a number of other mail express trains, extensions, increase in frequency, diversions etc.
 
"The Humsafar would be the fully-AC service with optional catering; Antyodaya, the long distance unreserved superfast train for common man; Tejas will have all modern on board features like entertainment, WiFi and local cuisines etc; and UDAY will be an AC doublecker train on the busiest routes," it added.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
  

 

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Salesforce tries to block Microsoft's USD26.2 bn LinkedIn acquisition
Cloud computing company Salesforce is reportedly trying to block the $26.2 billion Microsoft-LinkedIn deal, arguing that Microsoft's acquisition of the enterprise social network LinkedIn will be anti-competitive.
 
According to a report in pcworld.com, Salesforce Chief Legal Officer Burke Norton will take the company's argument to the European Union's anti-trust authorities.
 
"Microsoft's proposed acquisition of LinkedIn threatens the future of innovation and competition," Norton said in a statement.
 
"By gaining ownership of LinkedIn's unique dataset of over 450 million professionals in more than 200 countries, Microsoft will be able to deny competitors access to that data, and in doing so obtain an unfair competitive advantage," Norton added.
 
Salesforce - now rumoured to be in the race to buy micro-blogging website Twitter - was also in the fray to acquire LinkedIn. 
 
After losing to Microsoft, Salesforce CEO Marc Benioff has showed his concerns over the deal, urging the Federal Trade Commission to "scrutinise Microsoft's plans for LinkedIn".
 
Microsoft President Brad Smith, however, said "the deal has already been cleared to close in the US, Canada, and Brazil," Wall Street Journal reported.
 
In June, Microsoft announced to acquire LinkedIn in an all-cash deal, billed as one of the largest such pacts in the global social media space.
 
LinkedIn, which has nearly 10 per cent of its over 430 million users in India, will retain its distinct brand, culture and independence and Jeff Weiner will remain the chief executive of LinkedIn, reporting to his Indian-born Microsoft counterpart Satya Nadella, the tech giant said in a statement.
 
The deal, expected to close within this year, works out to over $60 per LinkedIn user.
 
Microsoft will pay $196 per LinkedIn share -- a 50 per cent premium to LinkedIn's closing price on June 10.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
  

 

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It's not war yet, but Punjab border villages face war-like situation
There has been no gunfire, no alert sirens and no fighter jets dropping bombs. It is not war time yet but tens of thousands of villagers in Punjab's border belt with Pakistan are already experiencing a war-like situation.
 
Over 400,000 people in Punjab's border belt, comprising Amritsar, Tarn Taran, Ferozepur, Gurdaspur, Pathankot and Fazilka districts, have been evacuated from their homes to "safer areas".
 
Residents in nearly 1,000 villages in these districts have been ordered by the authorities to evacuate following escalation of tension between nuclear neighbours India and Pakistan after the Indian Army carried out surgical strikes at the Line of Control (LoC) on Thursday night.
 
"We loaded a lot of our belongings and household articles on our tractor-trolley. We have not yet decided where we will go. But we have to move out. The standing crop in our fields has to be harvested within the next 10 days. We hope this situation eases out soon," farmer Sardul Singh of Amritsar district told IANS.
 
Punjab shares a 553-km international border with Pakistan. The entire border is maked by an electrified barbed wire fence.
 
The Sikh holy city of Amritsar, which lies only 30 km from the international border, too seemed to be prepared for any eventuality, including war.
 
Hospitals in the border districts have been asked to keep some beds in emergency wards vacant for any contingency. The leave of police personnel, medical staff and others maintaining emergency services have been cancalled.
 
In some of the border villages which are located across the rivers in the border belt, Border Security Force (BSF) and Indian Army personnel could be seen ferrying people, including children and the elderly, and their belongings to safer areas on Thursday and Friday.
 
"There is nothing to panic about. The evacuation is being done as a preventive measure. Arrangements are being made to accommodate the evacuated people," Isha Kalia, deputy commissioner of Fazilka district in southwest Punjab, said. Kalia visited various evacuation centres in her district and talked to people accommodated there.
 
But villagers said that there was some panic and anxiety among them.
 
"Old timers have been through the 1965 and 1971 wars with Pakistan. Those days were bad. But Punjabis have always faced wars valiantly. For the newer generation, who have not seen wars, the evacuation is a new thing. Many youngsters are worried about what will happen," Waryam Singh of Ferozepur district, who is 70-plus and lived through the 1965 and 1971 wars, told IANS.
 
The villagers who have been evacuated were headed either to the homes of relatives and friends in "safer zones" or opted for camps organized by the district authorities.
 
With arrangements to accommodate hundreds of people at each of the 45 relief camps having to be made within a few hours, the evacuated people complained of mismanagement and chaos.
 
Local gurdwaras and social organizations chipped in, within the past 12 hours, to arrange food and water for the displaced people.
 
Along all roads and paths in the border belt, any mode of transport available -- be it tractor-trolleys, trucks, buses, private cars, horse and cattle-driven carriages and other vehicles -- was being used by the people to move out with their belongings. The authorities also arranged buses at some places to ferry people.
 
Army convoys, with artillery, moved towards the border with Pakistan on Thursday and Friday.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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