Google loses copyright case over Android to Oracle
Oracle Corp won a suit against Google Inc. as an appeals court in the US gave Oracle permission to copyright parts of the Java programming language, which Google used to develop its Android smartphone operating system. Google’s Android operating system is the world’s largest-selling smartphone platform. Oracle filed a lawsuit against Google in 2010, claiming that Google had improperly used parts of Java into Android. Oracle seeks around $1 billion as its copyright claims.
Oracle Corp won a suit against Google Inc. as an appeals court in the US gave Oracle permission to copyright parts of the Java programming language, which Google used to develop its Android smartphone operating system. Google’s Android operating system is the world’s largest-selling smartphone platform. Oracle filed a lawsuit against Google in 2010, claiming that Google had improperly used parts of Java into Android. Oracle seeks around $1 billion as its copyright claims.‘Rise quickly’ to counter China: Vietnam to India
Vietnam wants India to “rise quickly” in the South-East region as it expressed concerns over China’s rising assertiveness in the South China Sea. Vietnam Ambassador Dang Dinh Quy voiced his concerns at a round table meeting of Diplomatic Academy of Vietnam (DAV), and said that Chinese navy was acting without provocation and that Chinese topmost leadership is behind in these decisions.
The meeting was held for the delegates to share information with Australian scholars around regional security matters such as US-China relations, maritime issues in the Indo pacific region and to talk about more extensively Australia’s engagement with Asia.
Vietnam wants India to “rise quickly” in the South-East region as it expressed concerns over China’s rising assertiveness in the South China Sea. Vietnam Ambassador Dang Dinh Quy voiced his concerns at a round table meeting of Diplomatic Academy of Vietnam (DAV), and said that Chinese navy was acting without provocation and that Chinese topmost leadership is behind in these decisions.
The meeting was held for the delegates to share information with Australian scholars around regional security matters such as US-China relations, maritime issues in the Indo pacific region and to talk about more extensively Australia’s engagement with Asia.
Indian economy showing signs of improvement
Indian economy appears to be improving as the sectors which were significantly affected by the crisis and slowdown are now showing visible signs of improvement.
Some key observations:
- Order from the apex court on relaxation in mining ban in Goa and Karnataka will be helpful in resurrecting sentiments in mining sector.
- Telecom sector, after incurring losses in the years 2011 and 2012, seems to gain in future as telecom companies have managed to enhance their Average Revenue Per User (ARPUs) significantly.
- Infrastructure sector is also showing some positive signs with a major road project approved in Maharashtra.
Indian economy appears to be improving as the sectors which were significantly affected by the crisis and slowdown are now showing visible signs of improvement.
Some key observations:
- Order from the apex court on relaxation in mining ban in Goa and Karnataka will be helpful in resurrecting sentiments in mining sector.
- Telecom sector, after incurring losses in the years 2011 and 2012, seems to gain in future as telecom companies have managed to enhance their Average Revenue Per User (ARPUs) significantly.
- Infrastructure sector is also showing some positive signs with a major road project approved in Maharashtra.
Biologists discover 14 new ‘Dancing Frog’ species in Western Ghats
Indian scientists have found 14 new species of ‘Dancing Frogs’ in the Western Ghats. The tiny agile amphibians earned their name for the unusual kicks they use to attract mates.
The kicking or ‘foot-flagging’ is a breeding behavior shown only by the males. They stretch, extend and whip their legs out to the side to draw the attention of females who might have difficulty hearing mating croaks over the sound of water flowing through perennial hill streams. Compared with other frogs, these frogs are so sensitive to this habitat that any change might be ravaging for them.
54 Indian companies among Forbes ‘Global 2000’
In the latest released Forbes ‘Global 2000’ list, Mukesh Ambani-led Reliance Industries leads the set of 54 Indian companies in the annual list of the world’s 2000 largest and most powerful public companies. The top three positions of the list is occupied by the Chinese companies.
The Forbes ‘Global 2000′ is a comprehensive list of the world’s largest, most powerful public companies, as measured by revenues, profits, assets and market value.
Some notable points from Forbes ‘Global 2000’:
- World’s top three biggest public companies and five of the top 10 are from China.
- 564 companies enlisted are from the US which marks its dominance as the country with the most Global 2000 companies.
- Japan follows the US with 225 companies in total.
- India is home to 54 of the world’s biggest companies.
- Reliance Industries, with a market value of $ 50.9 billion and $ 72.8 billion in sales, ranked 135.
- State Bank of India ranked 155 with a $ 23.6 billion market value.
Some other Indian companies making it to the list are: Oil and Natural Gas ranked 176, ICICI Bank (304), Tata Motors (332), Indian Oil (416), HDFC Bank(422), Coal India (428), Larsen & Toubro (500), Tata Consultancy Services (543), Bharti Airtel (625), Axis Bank (630), Infosys (727), Bank of Baroda (801), Mahindra & Mahindra (803), ITC (830), Wipro (849), Bharat Heavy Electricals (873), GAIL India (955), Tata Steel (983), Power Grid of India (1011), Bharat Petroleum (1045), HCL Technologies (1153), Hindustan Petroleum (1211), Adani Enterprises (1233), Kotak Mahindra Bank (1255), Sun Pharma Industries (1294), Steel Authority of India (1329), Bajaj Auto (1499), Hero Motocorp (1912), Jindal Steel & Power (1955), Grasim Industries (1981) and JSW Steel (1990).
RuPay, India’s indigenous card payment network launched
Rupay, India’s own payment gateway was launched to compete with networks such as Visa and Mastercard. The indigenous network will work on ATMs and merchant outlets and help in bringing down cash transactions.
The RuPay is a blend of two terms — ‘Rupee’ and ‘Payment’. It has been developed by the National Payments Corporation of India (NPCI) and is being used by certain banks such as ICICI, State Bank of India, Punjab National Bank, among others, for clearing and settlement. The RuPay, which works on three channels — ATMs, Point of Sales (PoS) and online sales, is the seventh such payment gateway in the world. A variant of the pre-paid RuPay card would be launched by IRCTC soon, which will help in booking railway tickets.
Benefits of RuPay platform:
- Reduce the transaction cost
- Support creation of more domestic products
- Reach the unbanked sections
- Reducing number of cash transactions
- Availability at a cost much less than those of international cards
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