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Showing posts from April, 2017

Infosys posts Q4 results for the financial year 2016-17

The Software biggie has announced Rs. 13,000 crore dividend bouquet for its shareholders in FY18. I nfosys CEO Vishal Sikka announced the Q4 results of the IT major on Thursday the 13th of April in Bangalore at the company headquarters. The event comes at a time when ripples across US and Europe are moving towards nationalist policies threatening the Indian IT industry and its workers. The numbers  The results have projected a growth of 6.5-8.5%, lower than the forecast by analysts at 7-9%, the company posted a revenue of  Rs. 17,120 crore, lesser than the last quarter revenue by 866 crores. And the company's net profit stood at Rs 3,603 crore. The highlight of the event The biggest announcement, however, is that the company will pay its investors Rs. 13,000 as dividends from the next financial year onwards. "The company currently pays dividends up to 50 percent of the post-tax profits and it has decided to increase this to 70 percent of the free cash flow from...

When water came knocking: The state of storm water drains of Bangalore

Storm water drain near Kormangala clogged with filth Problems with the storm water drains needs urgent attention before the next big flood Bengaluru, the landlocked capital of Karnataka has to depend on a system of  storm water drains  (SWD's) or rajakaluves both natural and man-made to discharge rain water. Unfortunately, most of these drains are encroached and have multiple floors of concrete over them. Added to this is the presence of large sewer pipes which run alongside the SWD's eventually obstructing its flow. Analysts point out these as potential factors that can lead to massive floods and lethal diseases. The ignored past “During rains, the swell was at Nagashettihalli lake, not our homes,” said Rayappa a second generation laundry worker pointing at the tall walls of Antariksh Bhavan, the headquarters of the Indian Space Research Organization near his dwelling in Bangalore. Rayappa could identify the depressions and tracks which led to the now d...

Capturing Life: A time lapse on the birth of a frog

A screen grab of the time-lapse of cell division (source: Franchisee Films) When technology takes our eyes to birth of life The leaderboards of Youtube is occupied by two, time lapse videos that will blow your minds away, for it captures the creation of life or in simple words the birth of an organism. Shot by an independent film-maker  Francis Chee  who is famous for his wildlife documentaries on YouTube. The video shows the birth of a frog right from its single-celled beginning. Time-lapse photography, the technique of shooting a bunch of pictures at a fixed time interval and merging them together into a video, is not a new trend. It was used in film-making as early as 1890's by surreal filmmakers like  Georges Méliès' . However most of the videos concentrated either on flowers, landscapes or celestial occurrences, most recently the time lapse from the International Space Station offered a different perspective. part one (Source: Franchiseefil...

Turning projectors interactive : Lightform

Imagine your living room with Every article about future of interactivity speaks extensively about virtual reality and augmented reality , every industry, from media to retail is prototyping one or the other form of these from urban centres to village corners. It was brought to the corners of India also, during the  national election campaign by BJP to bring omnipresence to Narendra Modi. The breakthrough However, existing virtual reality technologies use bulky headsets and can only be delivered to one person at a time, Lightform , a startup from San Francisco wants to create disruptions in this scene. Their technology is based on projected augmented reality or projection mapping as they call it. This technology has already amazed the world several times, it uses projectors or in some cases a single projector connected to a computer to create illusions on normal objects and environments. The tech behind This technology is also complicated as it requires seve...

The age of marriage: the religion of child marriage in India

A n expert in the field of understanding the functioning of brain,  Deborah Yurgelun-Todd once did a study where a group of people in their 20's were compared with a group of 40-year-old's and she found out that the younger group takes decision with their emotional part of their brain and the elder ones with the rational part or in simple words decision making capability is poor for the younger ones.               Now consider the decision-making process before selecting a partner, it is definitely a complex process and try imagining a younger you, deciding to get married based on gut reactions, isn't it terrifying. Unfortunately, this discourse is significant even in this 21st century India where 102 million girls were married before 18 years and 125 million boys before 21 years of age, that is roughly 30 and 42 percent of the corresponding population. The gravity of this issue calls for a deeper understanding of it. A closer...

The Color of Hate: A brief history of racist attacks against African nationals in India

How many Indian students studying abroad, had to face a post like this on facebook, none will be the obvious answer. Yet, this is a reality faced by Africans in India. The Indian obsession with lighter skin colour is a billion dollar reality evident from the worth of the Indian fairness cream market which is more than Rs. 3000 crores.This obsession, however, is manifesting in several unimaginable ways especially over the African community living in India. African nationals, mostly comprising of students and medical tourists, are served a differential treatment by the Indian public most of the times. They are often typecasted into being drug peddlers and prostitutes. They are attacked and abused on a daily basis in the country. Scaringly most of the attacks were led by unruly mobs who unleash violence without any humanistic regard. Added to this list are the unnatural deaths of African nationals which are often dismissed as drug overdose deaths or accident deaths, the re...