Country's largest software exporter Tata Consultancy Services (TCS) today said the proposed US Immigration Bill offers both opportunities as well challenges, but stated it is too early to arrive at a conclusion.
"It is too early to comment. We will have to wait and watch...but it has both opportunities and concerns. Our goal is to engage in the process as the bill is being debated," TCS executive vice-president and head of global human resources Ajoy Mukherjee told reporters during a post earnings media round-table here.
"Good that it is comprehensive but what are going to be the restrictions are some of the concerns," he said.
Officially called the Border Security, Economic Opportunity and Immigration Modernisation Act, 2013, the Bill being pushed by the Obama administration gives the domestic IT professionals in the US a 60-day period to find a new job after they lose the existing one, among several other sweeping reforms.
The bill has been already introduced in the US Senate and Congressional hearing begins Friday.
Convict in German Bakery blast in Pune Himayat Baig handed down death sentence
Narendra Modi faces assassination threat?
Zeenews: Does Gujarat Chief Minister Narendra Modi face the threat of being assassinated? Academic Madhu Kishwar believes so.
Kishwar on Wednesday talked about the possibility of Modi facing an assassination attempt on Twitter. She tweeted, "Yesterday met some senior govt officers who said Modi's assassination real possibility if Teesta Congress fail to get fraud FIR against Modi."
She was referring to civil rights activist Teesta Setalvad.
When the tweet went viral on the social networking website and led to debate over the authenticity of the post, the academician deleted the tweet saying it had led to panic.
Kishwar, a supporter of Modi, is a Senior Fellow at the Centre for the Study of Developing Societies (CSDS).
CAG raps Maha govt on irrigation projects
Business Standard: The Comptroller & Auditor General (CAG) has yet again rapped the Maharashtra government for the incomplete irrigation projects despite commenced five to 45 years ago.
CAG in its report for the year ended March 2012, said a whopping Rs 43,270.01 crore were spent by the Water Resources Department in respect of 426 incomplete projects.
The time overruns were upto 40 years.
These scathing observations are quite significant when the Congress-NCP government in the state is under attack from the opposition parties and NGOs for irrigation scam largely due to an alleged unholy nexus among politicians, officials and a powerful contractors' lobby.
According to CAG, of the 426 incomplete projects 242 projects the initial budget cost rose to Rs 33,832.29 crore from Rs 7,215.03 crore, a record rise of368.91%. This resulted in significant cost overrun totaling Rs 26,617.26 crore.
TCS to hire 45,000 this year; wage hike to average 7 per cent
Tata Consultancy Services (TCS) will give wage hikes averaging about 7 per cent this year to its employees in India, along with 100 per cent variable pay, the software major said on Wednesday.
"We will give 100 per cent variable pay for the quarter. The wage hike this year will be averaging seven per cent in India. So based on their performance, they (employees) will see wage hike of 5-10 per cent plus," said Ajoy Mukherjee, EVP and head of global human resources at TCS.
Salaries of employees in developing countries will go up 4-6 per cent, while those located in developed countries will see hikes ranging 2-4 per cent.
The wage hike cycle will start April onwards.
North Korea sends threats to London School of Economics students
TOI: Students from London School of Economics have started to receive email threats from the North Korean government, after it was revealed that an undercover BBC crew merged with their delegation to carry out undercover filming from within the secretive state.
In a queer turn of events, students now blame the LSE for "putting them at risk".
LSE last week accused the BBC of putting students in serious danger by becoming part of a college trip to get into North Korea and film.
LSE said BBC deceived the institution with one of its reporters claiming to be a PhD student to gain entry and film.
The students however in a letter to the LSE accused the Institute of putting them in danger by revealing the details of the operation.
Musharraf to appeal in Pak SC against arrest order
Former Pakistan president Pervez Musharraf will appeal in the Supreme Court on Thursday against an order for his arrest for detaining judges when he imposed emergency rule in 2007, a party spokesman has said.
All Pakistan Muslim League (APML) spokesman Muhammad Amjad said that if the order is upheld, then he expected the authorities to put the former military dictator under house arrest at his property on the edge of Islamabad, reports Geo TV.
Amjad said Musharraf is composed and confident.
The APML chief returned to Pakistan last month after four years of self-imposed exile with an aim to contest the May 11 elections. Musharraf, however, is now out of the election race after his nomination papers from all four constituencies were rejected.
The SC has granted Zaibunissa Kazi, a convict in the 1993 Mumbai blast case four weeks to surrender. The relief has been granted on humanitarian and health grounds, said the court.
Both Congress, BJP responsible for Goa casinos, says US cable
Both the Congress and the BJP were equally responsible for promoting casinos in Goa, although both parties opposed these when in opposition, a recently declassified US diplomatic cable released by Wikileaks claims.
The cable, part of the US embassy's weekly compilation of "economic highlights", also says the Goa government's grand plan was to lure Indian gamblers who went to Nepal's casinos to splurge.
Kamal Nath claims consensus over land takeover bill
There was broad consensus on the contentious land acquisition bill, Parliamentary Affairs Minister Kamal Nath said after an all-party meeting on the issue Thursday.
"Largely there is a consensus... although there cannot be unanimity," Kamal Nath told reporters.
"The bill will now move to the Lok Sabha and the Rajya Sabha," he said.
Two school students arrested for raping minor in Odisha
Two high school students have been arrested for allegedly raping a seven-year-old girl at Tara Gaunju village in Ganjam district, police said today.
The Class IX and X students of the village high school were produced before the Juvenile Justice Board after their arrest on Tuesday and were sent to an observation home.
The boys had invited the girl, a Class II student, to their house to watch television on March 12 where they allegedly raped her, the police said.
The girl's father was initially reluctant to lodge a police complaint but when the doctors refused to treat her, he filed a case with the police.
Delhi teen gang-raped in moving car
In another shocking incident in the national capital, a young girl in her teens has alleged that she was gang-raped by three men on Wednesday morning in a moving car, said reports.
The girl alleged that she knew one of the three assaulters, who forced her to get inside the car while she was walking to her school.
Two men allegedly raped her while the third was standing outside, police said.
After the assault, the men threw her out of the car onto the roadside in Sarojini Nagar in South Delhi and warned her to not disclose the incident, the girl alleged.
Medical tests are being conducted on the victim to determine if she was raped.
A case has been registered under sections 376 (gang-rape) and 506 (criminal intimidation), and the police have arrested one accused and are searching for the other two.
Karnataka CM visits Bangalore blast victims
Karnataka Chief Minister Jagadish Shettar today visited Bangalore's K C Hospital to meet injured survivors of Wednesday's bomb blast.
Talking to reporters outside the hospital, Shettar said: "Met the injured today. State government will take care of their medical needs."
He said the police has started a comprehensive investigation and central agencies are also assisting them in the process.
Thane bandh begins; buses damaged
A bandh called by major political parties in Thane against ongoing demolition of illegal structures without providing alternate accommodation to the occupants began with some persons damaging at least 12 buses in the wee hours today, police said.
Parties, including Congress, NCP and Shiv Sena, announced the dawn-to-dusk shutdown against the razing of illegal buildings by Thane Municipal Corporation (TMC) while demanding that alternate accommodation be provided to residents who will be displaced in the drive.
A Pakistani court orders the arrest of former president Musharraf according to reports. His application for bail has been cancelled. Musharraf has avoided arrest.
Reports indicate his security has helped him escape.
The former army chief returned to Pakistan last month after nearly four years of self-imposed exile to contest a May 11 general election, despite the possibility of arrest on various charges and death threats from the Pakistani Taliban.
Supreme Court allows some iron ore mines to resume production in Karnataka, cancels mining leases for all illegal mines