Technology
World Time Buddy: Smart Timekeeper
These days, communication systems are so convenient and cheap that we can talk to anyone from across the world. However, when doing so, we need to remember the time zones of each part of the world. Besides, if you are travelling, you may need to check the time zone in your home country as well as in your destination country, before you make any calls. World Time Buddy (WTB) is a cross between a time zone converter, a world clock converter, and an online meeting scheduler. It’s one of the best online productivity tools for those who, often, find themselves travelling, in flights, at online meetings or just call friends and family abroad.
 
The user interface is sleek and easy to use. You can effortlessly compare multiple time zones at a glance, plan conference calls, webinars, international phone calls and web meetings. It also aids with business travel and tracking of market hours. It has options for integration with device calendars and also has Daylight Savings Time support.WTB also has convenient apps for Android and iPhone, with the same ease of use interface. The app is free, to start with, and has options for upgradation for the full features. If calculating time zones is a problem World Time Buddy is the solution!

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Police register case against Jessop owner Pawan Ruia, directors
A day after the West Bengal government ordered a CID probe into repeated cases of fire in engineering firm Jessop's factory premises, the state police on Wednesday initiated a suo motu case against its owner Pawan Ruia and other directors.
 
Four people, alleged to be burglars, were also arrested for intruding into the country's oldest engineering firm's factory near suburban Dumdum on Tuesday night, police said.
 
"We have enhanced security inside factory and started ambush system by posting personnel in civil dress. Four burglars were arrested on Tuesday. Police will start a suo motu case against them as the factory owners have not lodged any FIR," Barrackpore City Police Commissioner Tanmay Roy Chowdhury said.
 
"Dumdum police station have also started a suo motu case against Jessop factory owner Pawan Kumar Ruia and other directors." he said.
 
However, a Jessop spokesperson wondered how Ruia could be dragged into the fire issue.
 
"Pawan K. Ruia is not the chairman, not a director, nor a shareholder, not even an occupier of Jessop and Company Ltd. or any of its premises. How can his name be dragged into the fire issue?" said Dhrubajyoti Nandi, Vice-President, Corporate Communications, of Ruia Group, which controls Jessop.
 
The West Bengal government on Tuesday ordered a CID probe after repeated incidents of fire over the past one month in the Jessop factory.
 
On Tuesday, police accused Jessop owners of flouting High Court order to repair factory walls, clean bushes and make adequate lighting arrangements in the premises.
 
Ahead of the assembly elections this year, the West Bengal government passed a bill to take over the Pawan Kumar Ruia group-controlled ailing industrial units -- Dunlop India and the 228-year-old Jessop, a maker of rail wagons, EMU rakes and cranes.
 
Founded in 1788 as Breen and Company, the firm was re-christened Jessop in 1820.
 
The central government took over its management in 1958 and then the company as a whole in 1973. Over the years, the company turned a loss-making venture.
 
In 2003, the government sold its 72 per cent stake to Ruia, who turned it into a profit-making business within a short time. However, over the years, the firm fell into tough times.
 
The company was shut down indefinitely in 2014.
 
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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Nifty, Sensex still on course for a rise – Wednesday closing report
We had mentioned in Tuesday’s closing report that Nifty, Sensex might continue to rally. The major indices of the Indian stock markets were range-bound on Wednesday and closed with small losses over Tuesday’s close. Trading was listless and NSE trading volumes were at the median level. On the NSE, there were 898 advances, 726 declines and 260 unchanged. On the BSE, there were 1,636 advances, 1,176 declines and 205 unchanged. The trends of the major indices in the course of Wednesday’s trading are given in the table below:
 
 
Indian drug major Sun Pharmaceutical Industries on Wednesday said it has entered into an agreement with the International Centre for Genetic Engineering and Biotechnology (ICGEB) to develop a novel dengue vaccine for India and global markets. "Our new collaboration with ICGEB for developing an affordable dengue vaccine is part of our broader commitment for developing new and improved vaccines and drugs against flaviviruses that are of significant health importance to India and rest of the world," said Kirti Ganorkar, Executive Vice President and Head, Global Business Development, Sun Pharma. "Our decision to partner with ICGEB on dengue vaccine programme followed extensive due diligence and expert consultations on existing dengue vaccine programmes globally," Ganorkar noted. The announcement comes even as the world's first dengue vaccine, manufactured by Sanofi Pasteur, the vaccine unit of the French pharmaceutical company Sanofi, awaits approval in India. Sanofi Pasteur's dengue vaccine has received approval in 11 countries so far. Nonprofit research organisation ICGEB has conducted pre-clinical studies over the past seven years and developed the existing know-how and patents for the novel dengue vaccine candidate. Sun Pharma shares closed at Rs750.40, up 0.87% on the BSE.
 
A "normal" monsoon and adequate water in major reservoirs nationwide, coupled with more money to agriculture, have set the stage for a record agricultural output of 270 million tonnes -- 2 per cent in excess of the government's target -- for the kharif (summer) and rabi (winter) crops of 2016. With the southwest monsoon officially withdrawing this week, water available in 91 reservoirs nationwide is 25 per cent more than the amount available in October 2015, according to Central Water Commission data, except in Karnataka and Gujarat, which saw a 20 per cent deficit in seasonal rainfall. Against the government target of 132 million tonnes, India is set for a kharif output of 135 million tonnes, according to preliminary government estimates; the previous highest was 131 million tonnes in 2011-12. It also appears India will meet the rabi target of 137 million tonnes, one million tonnes more than the previous high in 2013-14. The data released is likely to be favourable for aggregate demand during the festive season and hence for corporate earnings in the third quarter FY16-17.
 
China's economy grew 6.7 per cent in the third quarter of this year, holding steady from the second quarter and fuelling hopes that the government will achieve this year's GDP target. The figure, released by the National Bureau of Statistics (NBS) on Wednesday, remained within the government's targeted range between 6.5 and 7 per cent for this year, Xinhua news agency reported. On a quarterly basis, the economy increased 1.8 per cent from the second quarter. GDP expanded 6.7 per cent year on year in the first three quarters of 2016 to reach 52.997 trillion yuan ($7.87 trillion). NBS spokesperson Sheng Laiyun said the country's economy grew steadily with progress made and quality improved, as a result of appropriately expanded aggregate demand, the supply-side structural reform, positive development anticipation and accelerated fostering of new drivers. Positive cues from the Asian markets are likely to contribute to the overall bullish trend in the Indian stock markets.
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 

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