Surgical strikes: How the world conducts them and how India did it

Surgical strikes: How the world conducts them and how India did it

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Indian armed forces conducted surgical strikes in the early hours of Thursday across the Line of Control (LoC), involving not more than 100 commandos, in what is seen as a paradigm shift in how this government plans to deal with terrorist camps across the border.

The term “surgical strike” has been prevalent in the international media since the days of the Gulf War, and it came to typify operations conducted by the US thereafter.

Going by the generally accepted definition offered by experts, a surgical strike comprises a swift, intelligence-driven attack on a specific target or targets with minimum collateral damage to structures, infrastructure or civilians in the target’s vicinity.

The operation can involve special forces units on the ground, strikes conducted by military aircraft or vessels. Read More

How India conducted its strikes

How the big hitters do it

Article Source : Business Standard

ICICI Prudential Life Insurance lists below issue price

ICICI Prudential Life Insurance lists below issue price

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ICICI Prudential Life Insurance has listed at Rs 330, 1.2% below its issue price of Rs 334 per share, on the National Stock Exchange (NSE).

At 10:01 am, the stock was trading at Rs 331.60, after hitting a high of Rs 333.80 post its listing.

ICICI Prudential Life Insurance has raised Rs 6,057-crore through initial public offer (IPO), become the first insurer to list.

The company’s public issue was oversubscribed 10.5 times. The quota set aside for qualified institutional buyers was subscribed 11.83 times while for the non-institutional investor category, it was 28.55 times. The retail portion was oversubscribed 1.42 times, the exchange data shows.

The insurer is a venture between banking major ICICI Bank and UK’s Prudential Corporation Holdings. Singapore’s Temasek and PremjiInvest are also the shareholders.

At the end of financial year 2016 (FY16), ICICI Prudential was the biggest private sector insurer in the Country having a market share of 11.3%. The company has 521 offices with around 10,663 employees and 121,016 advisors all over India as of FY16. ICICI Prudential Life’s total premium and net profit has risen at a CAGR of 8% and 5% in the past four years, respectively.

Article Source : Business Standard

India strikes back as Army conducts surgical strikes across LoC in Pakistan

India strikes back as Army conducts surgical strikes across LoC in Pakistan

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The Indian Army conducted surgical strikes across the Line of Control (LoC) on Wednesday night on launchpads where terrorists had amassed and positioned themselves to infiltrate into India, Director General Military Operations (DGMO) Lt Gen Ranbir Singh informed the gathered members of the press at the joint briefing following the Cabinet Committee on Security meeting held on Thursday.

According to Times Now, a total of eight surgical strikes were conducted by the Indian Army. There were no Indian casualties during the operation.

Singh said that the strikes were based on credible information and that the terrorists were poised to conduct attacks in Jammu and Kashmir and other major metros in the country. Singh revealed that significant casualties were inflicted on the terrorists in the operation.

The DGMO added that he had contacted his Pakistani counterpart to inform him of the operation conducted by the Indian armed forces on Wednesday night.

“It has been a serious matter of concern that there has been continuing and increasing infiltrations by terrorists across the LoC in Jammu and Kashmir. This is reflected in the terrorist attacks at Poonch and Uri on September 11 and 18, respectively. Almost 20 infiltrations attempts have been foiled by the Indian Army successfully this year. During these attacks and infiltration attempts, we have recovered items, including global positioning systems and stores which have had Pakistani markings,” the DGMO added.

Further, the DGMO said that Pakistani-origin terrorists, who have been captured, have also provided testimonies of their training in Pakistan. Read More

Also Read:

Congress supports surgical strikes across LoC

Sensex falls 500 points as India strikes back on terrorists camps across LoC

India strikes across LoC; What are Pakistan’s options?

Global cost of India-Pakistan nuclear war

Indian Army’s cross-LoC raid: Reading the fine print


Article Source : Business Standard

Infosys unveils modular e-commerce platform

Infosys unveils modular e-commerce platform

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Software major Infosys Ltd on Wednesday unveiled a mobile first and modular platform to drive e-commerce programmes across retail channels.

The platform has been developed by Skava, a Silicon Valley-based e-commerce start-up that the IT major acquired in June 2015 for $120 million, to enable businesses leverage cloud-based micro-services and white label applications to launch new offerings and improve conversion rates of digital channels.

“The platform can integrate into present technologies, while providing a future-ready architecture for next-generation shopping experiences leveraging artificial intelligence (AI) and machine learning, natural language processing and virtual reality (VR),” the IT major said.

The platform also has a mobile-first responsive web store and native mobile shopping applications that can be managed by non-technical business users through its studio, an intuitive web-based experience management tool. (more)

Indian-origin lawyer shoots 9 in US, killed by police

Indian-origin lawyer shoots 9 in US, killed by police

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An Indian-origin lawyer with apparent Nazi sympathies went on an early morning rampage in US’ Houston city shooting nine people on Monday before he was killed by police, according to authorities.

Nathan Desai was wearing military-style clothing with Nazisymbols during the 20-minute shooting spree when he fired at passing cars.

Police said that they did not know why Desai went on the rampage hitting people at random.

Desai’s name was written with the ‘s’ capitalised in media reports in Houston, making it sound European, but his father was identified as Prakash Desai.

All of his victims survived but one person was critically wounded and five others were hospitalised, Houston’s Acting Police Chief Martha Montalvo said.

She described the shooter as a lawyer who was having problems at his law firm. When police responded to the shooting, he shot at them and was killed when police returned fire, Montalvo said.

The shooter’s father, 80-year-old Prakash Desai told KPRC TV that his son was “worried” because his law practice was not doing so well. Read Full Story >>>

US presidential debate: Hillary Clinton, Donald Trump spar over jobs, taxes

US presidential debate: Hillary Clinton, Donald Trump spar over jobs, taxes

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Democrat Hillary Clinton and Republican Donald Trump took to the stage on Monday to begin their first-ever presidential debate and immediately sparred over jobs, taxes, the Islamic State (IS), guns and the former secretary of state’s undisclosed emails, media reports said.

Clinton is held to have won the first presidential debate, according to a new CNN/ORC poll.

According to the poll of debate watchers, 62 per cent of voters who watched the debate thought Clinton won, while only 27 per cent said that Donald Trump came out on top.

On prosperity, taxes and jobs

Moderator Leslie Holt of NBC News opened the 90-minute debate at Hofstra University, Long Island, New York, with the first topic being “Achieving Prosperity”, where the first question about putting money back into Americans’ pockets and creating jobs was directed to Clinton,CNN reported.

Clinton, the first woman to represent a major US party in the presidential race, mentioned her granddaughter’s birthday, and talked about everything from gender pay gaps, to paid family leave, to presidential temperament.

She started her speech by defending the idea of creating “an economy for all” and stressed that she intends to do so “by having the wealthy pay their fair share”, EFE news reported.

Also Read: US presidential debate: Poll says 62% viewers think Clinton won, only 27% say Trump did better

“I also want to see more companies do profit sharing. If you help create the profits, you should be able to share in them, not just the executives at the top,” she said, and stressed that “the central question in this election is really what kind of country we want to be in”.

Clinton insisted she would work to achieve equal pay between men and women, paid paternity leave and debt-free college.

Clinton accused her rival for being one of the real estate tycoons who benefited from the economic crisis that hit the country in 2008.

Trump conceded the point saying, “It’s called business.”

On Trump’s business practices

On Trump’s tax returns and Clinton’s emails

On the Islamic State

On police shootings

On gun control

On the ‘birther’ issue

On supporting the result of the elections

Clinton said, “Sometimes you win, sometimes you lose, but I certainly will support the outcome of this election.”

Trump pointed that he would “… want to make America great again. We are a nation that is seriously troubled… If she wins, I will absolutely support it.”

The debate is divided into 6 segments with 15 minutes given to each nominee. Two minutes will be allotted to answer a question asked by the moderator, two minutes to reply and the remaining time for the nominees to debate.

This is the 20th US presidential debate and is being organised by the Read Full Story >>>

Hero launches new Achiever 150 priced up to Rs 62,800

Hero launches new Achiever 150 priced up to Rs 62,800

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Country’s largest two wheeler maker Hero MotoCorp on Monday launched an updated version of its premium segment bike Hero Achiever 150, priced up to Rs 62,800 (ex-showroom Delhi), as it looks to enhance presence in premium segment.

The variant with drum brakes is priced at Rs 61,800 while the one with disc brakes is at Rs 62,800.

“The launch of the next generation Achiever 150 is a reiteration of our strong focus on developing new, technologically superior and youthful products across segments for our customers in India and across the globe,” Hero MotoCorp Chairman, MD and CEO Pawan Munjal told reporters here. read more