- I have answered a couple of your shout-box queries. One is on RBI taking over the SBI stake and the other is on Agri-clinics. Take a look at these in our Discover It blog.
visa controversy US
- We noted sometime back that the
senators are suspecting that the Indian IT majors are misusing the H1-B visas to displace qualified American workers. US
- They are now leveling fresh allegations that these companies are misusing the L visa. The L visa is designed to give freedom to companies the freedom to transfer managers and specialists within the company to their
- Wireless electricity
- We noted sometime back about this. We take a look at the technology details that appeared in today’s ET.
- Two small copper coils are separated from each other by about two meters. One is connected to a power source – plugged to a wall socket – and the other is connected to a lightbulb waiting to be turned on. When the power from the wall is turned on, electricity from the first metal coil creates a magnetic field around that coil. The coil attached to the lightbulb picks up the magnetic field, which in turn creates a current within the second coil, turning on the bulb.
- However, the system is only 40% efficient compared to lighting a wired bulb. But it could be useful to wirelessly power devices which have low power consumption – like mobile phones.
- In the years to come, the technology is likely to be refined and be deployed on a larger scale.
- Advances in skin grafting
- Scientists at
based biotechnology firm Intercytex have come out with a method to grow skin artificially. Cambridge
- Known as ICX-SKN, this could help in healing wounds and cancer patients.
- Fibroblasts are cells that are responsible for the production of collagen. Collagen is the protein that gives skin its strength and elasticity.
- What they have done is to coax fibroblasts into multiplying and producing collagen. After a few weeks, the cells and collagen knit together to form a section of skin-like material.
- Statistics Day to be celebrated today
- This coincides with the birth anniversary of noted statistician P.C. Mahalanobis.
- On this occasion, the National Award in Statistics for Young Statisticians for the year 2006-07 will be presented to Dr. Ayanendranath Basu of ISI, Kolkata.
- The recipient of this year’s International Mahalnobis Award is Dr. IP David.
- Difference between EBs and FCCBs
- We have noted in our blogs about both these instruments.
- EBs – Exchangeable Bonds are debt-equity instruments that will enable companies to tap overseas markets for raising capital by unlocking value in their group companies.
- FCCBs – Foreign Currency Convertible Bonds – can be redeemed only for shares of the issuing company – not group companies in which the issuer has a stake.
- The government is likely to prescribe a minimum threshold level for the coupon rate on EBs to ensure that only quality paper is issued to international investors.
- Footwear figures
- It is really quite sometime since I have given you figures about markets. Whenever you have to write a good essay on a subject in detail, it becomes imperative to lace it with it facts and figures. Let’s look at the footwear market today.
- The annual production of footwear in
is pegged at 2095.3 lakh pairs in 2006-07. India
- Small scale sector accounts for over 55% of the total footwear production.
India’s share of the global footwear imports is at 1.5% as against ’s 14%. China
- For a population of about 112 crores, we are producing hardly about 21 crore footwear!! Is this translating to something like only one in every 5 persons having footwear?
- Red Fort makes it to the World Heritage List
- This was built by Shah Jehan in the 17th century.
- WTO’s newest member
, a Kingdom in the South Pacific has become the 151st member in WTO. Tonga