Wipro enters Limca Book of Records | campus recruitment

Top MNC Wipro Technologies campus recruitment at Vellore Institute of Technology has found a place in the Limca Book of Records in its 2019 edition. Press release by VIT university said, Wipro Technologies (Wipro Turbo) made job offers to 139 students with a CTC (cost to company) of Rs 6 lakhs per annum to the students of the 2018 graduating batch of Vellore Institute of Technology during the campus recruitment drive held at the campus.

Highest number of offers given by a company to students from a single institution, and has found a place in the Limca Book of Records in its 2019 edition.

Chennai Bike Taxi Service rapido

Bengaluru-based bike taxi organization rapido propelled its activities in the city, taking its all out count in the State to four urban communities.

rapido as of now works in more than 25 urban areas the nation over and in Tamil Nadu, it is available in Coimbatore, Madurai and Tiruchi, which together contributes around 7,000 rides day by day.

"Our objective is to include 15,000 rapido skippers (riders) and reach 50,000 rides day by day in Chennai before the current year's over," said Sharavana Kumar, Regional Manager, rapido.

rapido, which gives elective driving went for solo workers, is bit by bit growing its essence to more urban communities the nation over.

"We will dispatch our tasks in Salem before the current month's over," Kumar said. He included that the organization is intense about wellbeing of ladies clients and has set up 'call concealing framework' to ensure the versatile quantities of ladies clients being imparted to the riders.

"We are likewise intending to locally available lady Captain to pull in more ladies clients," Kumar included.

As an early on offer, rapido offers a ride up to 3 km at Rs.19.

Easy Booking
you can book a ride with just two taps on your phone. Save your frequent destinations and get ready to go!

Insured Rides
No need worrying about safety when riding on a two-wheeler. All our captains are verified professionals and we provide insurance on all your rides.

Helmets & Shower Caps
provide shower caps and helmets for all your rides ensuring your safety and hygiene when riding with us.

Economical
We are the most affordable last mile commute option in your city. Our fares are transparent and suits your pocket.

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To get started use my referral code 'THAMOHL' to signup. Download the app at https://umzf4.app.goo.gl/jXhDGhHr9g5APNgx7

Last day : Airtel offers 100% cashback on Rs 399 prepaid recharge: Here's how to claim

Last day: Festive season continues for Airtel prepaid subscribers. The telecom operator is offering a 100 per cent cashback* on its Rs 349 plan. The last day to avail the offer is Friday, October 27.
Similar to Reliance Jio's Dhan Dhana Dhan Rs 399 cashback scheme, Airtel is offering a refund of Rs 50 in 7 instalments totalling to Rs 350 over a period of 7 months.


User will not get any refund for the first month. The cashback will be offered from the next month, and only Rs 50 cashback will be available at a time. For instance, you recharge your Airtel number with Rs 349 today. For now, you'll make the payment. However on your next recharge, starting next month Airtel will offer a cashback of Rs 50. This will continue for the consecutive 7 months at a stretch.


Airtel prepaid subscribers can claim the offer on My Airtel application and recharge with Rs 349 through Airtel Payments Bank.


Offer is only applicable when the transaction is done through Airtel Payments Bank on My Airtel App, Airtel website, USSD.


All Customers can avail Rs 50 cashback on recharge done during the offer period and Rs 50 cashback on the subsequent 6 recharges of the same denomination.
Recharges done within a period of 6 months from the date of offer release will be eligible for cashback.


Cashback will be credited to Airtel Payments Bank wallet or savings account within 3 working days of the transaction
Among five incumbent private mobile operators, only Bharti Airtel added new subscribers in September while the rest lost more than 29 lakh customers, as per the data released today by industry body COAI.

Airtel added over 10 lakh or a million customers in September which reduced the net loss of joint subscriber base of the five telecom operators (others being Idea, Vodafone, Aircel and Telenor) to 19.3 lakh, as per the report on subscriber base of GSM players.


Telenor, which is in the process of merger with Airtel, lost 9.37 lakh subscribers. Idea lost 9.04 lakh customers. It was followed by Vodafone which lost 7 lakh customers and Aircel, 3.94 lakh customers.

Flipkart Big Billion Vs Amazon Great Indian sale: Top 10 deals on phones today

Great festive season is on. To commemorate the festival season, several online retailers are offering heavy discounts and deals on the smartphone category. At the Amazon Great Indian sale, the e-commerce store is offering deals on both budget and premium phones. On the other hand, Flipkart at its Big Billion sale is offering discounts on several newly announced phones like the Lenovo K8 Plus gets Rs 2,000 off.

Crazy deals, Flipkart is offering up to 10 per cent discount to SBI credit and debit card holders. On the other hand, Amazon is offering the HDFC credit and debit card holders up to 10 per cent cashback. Both the sales - Amazon Great Indian and Flipkart's Big Billion is equally good and both, alongside the discounts are offering several exchange offers and also include no cost EMI offer on over 30,000 products.

Top 10 deals on both Amazon and Flipkart that you shouldn't miss today:

Samsung Galaxy S7 at Rs 29,990

Samsung's Galaxy S7 is originally available at Rs 46,000. But, during the first 2 days of the Flipkart Big Billion Day sale, the smartphone was available at almost half the price. Flipkart was previously offering a discount of Rs 16,000, which reduced the price of the Galaxy S7 to Rs 29,990. Buyers will also get Rs 3,000 extra discount on exchange. On the other hand, Amazon is selling the Galaxy S7 at Rs 39,400, almost Rs 6,600 discount from the launch price of Rs 46,000.

iPhone 7 at Rs 38,999

Big offer: Flipkart was selling last year's iPhone aka the iPhone 7 at Rs 38,999. But now, the e-commerce site has reduced the discount and is offering the iPhone 7 at Rs 39,999. The iPhone 7 is originally available at around Rs 50,000. Almost a year old iPhone at almost Rs 10,000 discount is a real good deal. But then, Amazon has a better deal today as it is selling the phone at Rs 38,999. So, if you are crazy about iPhones or an iPhone fan, this is the time to get one for yourself.

Lenovo K8 Plus at Rs 8,999

Lenovo K8 Plus was launched in India very recently in two variants. One with 3GB of RAM and 32GB of internal storage for Rs 10,999 and a special holiday edition variant with 4GB of RAM and 32GB of internal storage. Flipkart, at the Big Billion Day sale is offering discount on this newly announced phone - K8 Plus 3GB RAM model. The smartphone which is originally price at Rs 10,999, but is now available at Rs 8,999. Lenovo K8 Plus gets a price cut of Rs 2,000. On the other hand, Amazon is selling the same phone at the launch price only.

iPhone SE at Rs 18,999

One deal that is available in both Amazon and Flipkart. iPhone SE is available at Rs 18,999 on both the e-commerce stores. This price is for the 32GB storage variant. So, yet again, if you are an iPhone fan, iPhone SE is the one for you to buy this festive season. There are offers on iPhone 5s, iPhone 6 and iPhone 6s as well, but the iPhone SE makes more sense at this point.

Redmi Note 4 at Rs 2,000 off, Redmi 4 gets price cut

Xiaomi's Redmi Note 4 4GB RAM/64GB storage gets a price drop of Rs 2,000 and is available for Rs 8,999. On the other hand, Xiaomi s offering a suit of interesting discounts across Amazon India, Flipkart, Tata Cliq, Paytm mall, Mi.com, Mi Preferred Partner stores, Large Format Retailers and Mi Home stores ahead of festival season. The company, on the discount on the Redmi Note 4 said, that 3GBRAM/32GB storage and 4GB RAM/64GB storage will get a price drop of Rs 1,000 and Rs 2,000 respectively and will be available for Rs 9,999 and Rs 10,999.

Flipkart is offering discount on the Redmi Note 4, Amazon at its Great Indian sale is offering discount on the budget phone by Xiaomi - the Redmi 4. Amazon is selling the Redmi 4 - 32GB storage at Rs 8,499. Meanwhile, during the Xiaomi's festive deals, the Redmi 4 (3GBRAM/32GB storage), (4GB RAM/64GB storage) will get a price drop of Rs 500 and Rs 1,500 respectively and will be available for Rs 8,499 and Rs 9,499.

OnePlus 3T gets Rs 5,000 off, OnePlus 5 available at Rs 12,400 exchange offer

OnePlus 3T is available at Rs 29,999. But, Amazon, at its Great Indian sale is selling the OnePlus 3T at Rs 24,999. This means that Amazon India is offering a discount of Rs 5,000 on OnePlus 3T. However, this is a limited period offer and will end on Sept 24.

OnePlus 5 available at Rs 12,400 exchange offer. Amazon is also offering deals on the newly launched flagship phone - OnePlus 5. The phone, which is priced at Rs 32,999, now comes with Rs 12,400 exchange offer. On top of the Rs 12,400 offer, Amazon is also offering an additional Rs 3,000 off on exchange on buying the OnePlus 5. The offer is available for both 64GB and 128GB variant of the Slate Gray, Soft Gold and Midnight Black of the OnePlus 5.

Apple iPad (2017) for Rs 20,900

The iPad (2017 is selling at a whopping 25 per cent discount on Flipkart and also on Amazon. At Rs 20,900 (down from its original price of Rs 28,000), the iPad (2017) makes for a great buy for those who want a sensible no-nonsense tablet for media consumption and the occasional productive use.

Asus Zenfone Laser and Zenfone 3x Max

Asus Zenfone 3x Max, which is originally priced at Rs 14,999 is selling at a price tag of Rs 8,999 on Flipkart. On the other hand, Amazon has priced the phone at Rs 12,990. Coming to the Asus Zenfone 3 Laser, Flipkart is the phone at a discounted price of Rs 10,999. The Zenfone 3 was launched at a price tag of Rs 19,999, so right now; Flipkart is offering a discount of 45 per cent on the phone. Amazon has priced the phone at Rs 16,089.

Google Pixel XL gets Rs 26,000 price cut

Last year's Pixel phone - the Google Pixel XL gets a price cut of Rs 26,000. Pixel XL with 32GB storage is originally priced at around Rs 54,000 and 128GB storage variant is available at Rs 63,000. However, Amazon is selling the Google Pixel XL 128GB at Rs 49,999, while the 32GB variant of the Pixel XL at Rs 44,000.

LG Q6, LG G6 gets a price cut

Amazon is offering up to 40 per cent discount on LG phones at the Great Indian sale. LG Q6 is available at a price cut of Rs 4,000. After the discount, Amazon is selling the LG Q6 at Rs 12,990. To recall, LG Q6 was launched at a price tag of Rs 16,999. Amazon is offering discount on LG G6 also. LG G6 was launched in India at Rs 51,990 and the price later dropped to Rs 41,990. But, now Amazon is offering the LG G6 at Rs 33,990.

Amazon, Flipkart, Paytm Offers: The Best Deals You Can Get Today

Great Amazon and Flipkart sale deals on mobile phones are finally live, giving customers heavy discounts on popular iPhones, Samsung smartphones, and several budget handsets. There are also offers on laptops, wireless headphones, TVs, and other electronics to check out. Both e-commerce brands are offering exchange discounts, no cost EMIs, cashback offers on select credit and debit cards, complimentary data. Flipkart is offering Buyback Guarantee too, while Amazon is giving consumers the option to pay EMIs next year for the goods purchased in this sale. Paytm is not far behind either, giving heavy cashback deals on smartphones, laptops, wearables, etc.

ALSO SEEGreat Deals From Amazon Great Indian Sale Day 1

 Definitely among the best times to make big-ticket purchases, and if you feel daunted by the sheer number of deals, we are here to help. We have compiled some of the best offers on Flipkart, Amazon, and Paytm sales on mobile phones, laptops, wireless headphones, etc you can get today.

iPhone 7 – Rs. 38,999
Both Amazon and Flipkart are offering the iPhone 7 32GB at Rs. 38,999, down from the listing price of Rs. 56,200. This is among the lowest prices we have seen on the base variant of the iPhone 7, and both sites are offering exchange discounts on top of the slashes price as well. The iPhone 7 features a 4.7-inch Retina display and comes with a 12-megapixel primary camera with optical image stabilisation. It is powered by Apple’s A10 SoC and runs iOS 10 out of the box, with iOS 11 update now available.

Flipkart, Amazon

Samsung Galaxy S7 – Rs. 29,999
In the Flipkart sale, the Samsung Galaxy S7 32GB is down to Rs. 29,990 (MRP Rs. 46,000), and comes with up to Rs. 23,000 off in exchange value. For just Rs. 9 extra, you can also get Buyback Guarantee from Flipkart, which promises to buy your phone for Rs. 15,000 later on. The Samsung Galaxy S7 features a 5.1-inch quad HD display and includes a 12-megapixel primary camera and a 5-megapixel front-facing camera. The smartphone is powered by the Exynos 8890 chipset, supported by 4GB of RAM.

Flipkart

ALSO SEEFlipkart Sale on Mobile Phones Begins, Here Are the Best Offers

MacBook Air – Rs. 44,490
The MacBook Air 13.3-inch (2017 variant) is available for as low as Rs. 44,990 (MRP Rs. 58,990) in the Flipkart Big Billion Days sale as well as the Amazon Great Indian Festival sale. On top of this discount are exchange offers on old laptops. However, Paytm beats these offers with an effective price tag of Rs. 43,648 for the same model – you will have to pay Rs. 57,648 but will get Rs. 14,000 cashback in your Paytm Wallet on using the code LAPTOP14000. The MacBook Air features a 13.3-inch display and is powered by the Intel Core i5 (fifth-generation) processor, supported by 8GB of RAM. It runs macOS Sierra out of the box and comes with a 128GB SSD.

Flipkart, Amazon, Paytm

AirPods – Rs. 9,999
Flipkart is selling the Apple AirPods at a highly attractive price of Rs. 9,999 (MRP Rs. 12,900). AirPods are wireless earphones that pair seamlessly with iPhones, iPads and Macs. The AirPods automatically turn off when you take them out of your ears and include microphones on both sides. They ship with a charging case which also doubles up as a carrying case. The AirPods work well with Apple devices, but they can be paired with other Bluetooth enabled phones as well.

Flipkart

Apple Watch
Apple Watch models come with a hefty Rs. 7,000 cashback on Paytm for most of the range available on the platform. So the Apple Watch Series 2 38mm Space Grey model will, therefore, have an effective price of Rs. 25,900 on the platform. Similar cashbacks are available on Series 1 models as well, so if you are not keen on splurging on Apple Watch Series 3 models when they launch in India, these deals would make sense.

Paytm

ALSO SEEPaytm Sale Gives Huge Cashback Offers on Smartphones, Electronics

Google Pixel – Rs. 42,999
The Google Pixel 32GB is down to an effective price of Rs. 36,549 on Paytm's Mera Cashback Sale. You will be charged Rs. 42,999, but use the coupon code MOB15 to get a cashback of Rs. 6,450 in your Paytm Wallet. On Amazon, the Google Pixel can be purchased for Rs. 42,999, with additional exchange discounts of up to Rs. 10,341. The phone features a 5-inch display and comes with a 12.3-megapixel primary camera and an 8-megapixel front-facing camera. The smartphone is powered by Qualcomm Snapdragon 821 chipset, supported by 4GB of RAM.

Amazon, Paytm

JBL Cinema SB150 soundbar
As part of the Flipkart sale offers, the JBL Cinema SB150 soundbar is available at a discounted price of Rs. 10,999 (MRP Rs. 24,990). The soundbar can help improve the sound experience on your big-screen TV. It comes with a subwoofer and the soundbar can be paired wirelessly to mobile devices using a Bluetooth connection.

Flipkart Big Freedom Sale vs Amazon Great Indian Sale

Biggest online market Amazon India and Flipkart are hosting the Great Indian Sale and Big Freedom Day Sale, respectively. Both the e-commerce sites are offering discounts and deals in various categories, including the smartphone. The sale kicked off on August 9 and will end tomorrow midnight, i.e August 11. Both Amazon and Flipkart are offering some decent deals, but none of them are particularly good. Most phones are available on exchange offer, while handsets that get a price cut are too old to be part of a wow offer. But that said, if you are looking to buy a smartphone the sale on Flipkart and Amazon also means that you may end up getting the device you were eyeing cheaper. Even some sale is better than no sale. 

While Flipkart is offering HDFC Bank debit and credit card holders 10 per cent instant discount on buying any product across categories. However, the offer is valid on a minimum purchase of Rs 3,000. Also, this is limited to the duration of the Big Freedom Day Sale only. While Amazon is offering additional cashback of up to 15 per cent State Bank of India debit and credit card users.

Both Amazon India and Flipkart are offering discounts on iPhones, Google Pixel, and also on some Moto, Xiaomi, Samsung and Lenovo phones. Find out which one out of Amazon and Flipkart is offering better deals on phones.

Discounts on iPhones

Amazon and Flipkart are offering discounts on iPhones. Flipkart is offering Apple's iPhone 6 -- Space Grey + 32GB model -- in an exchange offer of Rs 15,600 http://fkrt.it/t1JTQ!NNNN. There's also a flat price cut of Rs 5,501 on the iPhone 6. So, after applying the discounts, the iPhone 6 is available at a price as low as 23,999 on Flipkart. While, Amazon India is also offering the same variant of iPhone 6 in an exchange offer up to Rs 19,204 and then there's also a price cut of Rs 5,501, which is exactly what you get with Flipkart.

There are discounts available on other iPhone variants. Flipkart is offering iPhone 6s at a discounted price of Rs 35,999 after a price cut of Rs 10,901. Amazon India also has the same deal on the iPhone 6s. The flagship iPhone 7 too has been given some discounts. Flipkart is offering a discount of Rs 13,201 and after the offer the phone is available at Rs 42,999. The offer is valid only for the 32GB variant of the phone. Again, like the iPhone 6s, iPhone 7 is available offer on both Flipkart and Amazon is the same.

scenario is a little different with iPhone 7 Plus. Flipkart is offering the iPhone 7 Plus -- 32GB variant -- at a flat discount of Rs 10,301, after which the handset is available at Rs 56,999. While on the Amazon, the iPhone 7 Plus is available at Rs 61,499 after the discount. Apart from the 32GB variant, Flipkart is also offering the 256GB variant of the iPhone 7 Plus with a flat price cut of Rs 12,401. After the discount iPhone 7 Plus (256GB) is available at Rs 72,999. It was originally priced at 85,400.

iPhone SE, 32GB variant, is selling at Rs 19,999 after a price cut of up to Rs 6000 on Amazon. However, on the other hand, the Flipkart is offering the iPhone SE at 24,499. The phone is originally priced at Rs 26,000.

Deals on Google Pixel and Pixel XL

But Google's last year's Pixel phones are also available on discount. Flipkart is offering the Google Pixel (32GB) -- Very Silver and Quite Black colour variant at 24 per cent discount http://fkrt.it/t183S!NNNN. After the discount, Flipkart is selling Google Pixel at a price of Rs 43,000, which was originally priced at Rs 57,000. On the other hand, the 128GB variant of the Google Pixel gets a discount of 27 per cent, which cuts down the price of the phone to Rs 47,999. Apart from these price cuts, both the mentioned variants of the Pixel phone can gets up to Rs 15,600 off on exchange during the Flipkart Big Freedom Day sale. On the other hand, Amazon is offering Google Pixel at Rs 48,990 after a 27 per cent discount and extra Rs 3000 off on exchange offer. In other words, Flipkart has better deals on the Google Pixel right now.

same as Flipkart is also offering Google Pixel XL (32GB) at Rs 48,999 after a discount of 26 per cent. Pixel XL was originally priced at Rs 67,000. While the 128GB variant of the Pixel XL gets a discount of 23 per cent. After the discount the phone is available at Rs 57,999. The original price of the handset was 76,000.

Offers on Samsung phones

Offer: Amazon India is offering up to Rs 1400 off on Samsung phones. On the other hand, Flipkart is offering up to Rs 3,000 off on the almost the same phones http://fkrt.it/t6FXK!NNNN. Samsung Galaxy On5 Pro is selling at a deal price of Rs 6,990 on Amazon. It is with a discount of Rs 1,000 and also an exchange offer of up to Rs 6,250 is available for it. While, Flipkart is offering a flat discount of Rs 2,300 on this phone, so the finally price here is now Rs 6,690.

Samsung's On Nxt - 32GB and 64GB variant gets up to Rs 3,000 flat discount on Flipkart. After the offer the On Next (32GB) is available at Rs 12,900, while the 64GB variant is available at Rs 14,900. The smartphone also gets up to Rs 14,000 of exchange price offer. The deal is the same on Amazon.

Also Samsung's On8 is available at an exchange price of Rs 11,000. The smartphone is also available at a price with discount of 11 per cent. After the discount, Samsung's On8 is available at Rs 11,990, which was originally priced at Rs 13,490. Amazon takes a leads here, it is selling the Galaxy On8 at Rs 10,990 after a price cut of Rs 2,500. There are other Samsung phones -- Samsung On Max, J3 Pro, On7, J5 and J6 -- that are also available with some offers on both Flipkart and Amazon.

Discounts on Xiaomi phones

Fast selling and highly demand mobile Redmi Note 4 for the "first ever time" is available under an offer on Flipkart http://fkrt.it/tRl1S!NNNN. Redmi Note 4 is available with the usual exchange offer, but today's special is additional Rs 1,000 off on exchange value. This offer is limited to the Big Freedom Day Sale only. Further Flipkart is offering up to Rs 12,000 exchange offer on Redmi Note 4 64GB/4GB RAM variant, the 32GB/3GB RAM storage version of the phone will be available at an exchange offer of Rs 10,000. While the 32GB/2GB RAM variant of the Redmi Note 4 will be available an exchange off of Rs 9,000. There are no offers no Redmi Note 4 on Amazon. However, Redmi 4A will be on a flash sale as usual.

Offers on Moto phones

Offer: Amazon India is offering up to Rs 2,000 discount on Motorola phones, while Flipkart is offering Rs 3,000 on the same Moto phones http://fkrt.it/gogqFTuuuN. Lenovo's Moto G5 Plus - 32GB and 16GB variant are also on sale. The 32GB variant is available at a discount of 11 per cent, after which the phone is now available at Rs 14,999, which is originally priced at Rs 16,999. Both the 32GB and 16GB variants of the phone are available at an exchange offer of Rs 14,000. This is the Flipkart deal. While, on Amazon, Moto G5 Plus is available at Rs 14,999. The handset is available at an exchange offer of Rs 13,433.

Other deals to look for

Flipkart is offering up to Rs 3,000 off on Motorola while Amazon is offering Rs 2000 off. Flipkart is also offering Rs 3,000 off on Oppo and Vivo phones as well. While Amazon India is offering 15 per cent off on Coolpad phones, 7 per cent on phones from InFocus. While, Flipkart is offering Xiaomi phones at a price cut of Rs 1,000. The biggest offer is available in Apple's iPhone. Flipkart is offering up to Rs 13,991 off on iPhones, while Amazon is offering 35 per cent off of the same phones. While, Lenovo phones get a price cut of Rs 4,500 on Flipkart. While on Amazon, Lenovo phones get a price cut of Rs 5,000.

Amazon is also offering discounts on some of the recently announced phones - BlackBerry KEYone and OnePlus 5. The e-commerce site is offering is available at Rs 39,990 on the sale, while the original price of the device is Rs 42,990. The offer is a limited one though. There is also an exchange offer available of up to Rs 19,204 on the BlackBerry KEYone. Amazon is selling the OnePlus 5 at an exchange offer of up to Rs 20,000. 

Headlines Apr26

• Bill Gates praises PM Narendra Modi for "success" of Swachh Bharat activity 
• A quarter of young girls drop out of school because there's no decent toilet available
• As per Gates,  poor sanitation costs India a staggering $106 billion-plus a year
• Gates called the progress on the Swachh Bharat initiative so far, "impressive"

Azim Premji reappointed CMD of Wipro for two more years 

The Wipro board has reappointed Azim Premji as chairman and managing director for a time of two years compelling July 31, subject to part endorsement. 

The most awaited news:

'Baahubali: The Conclusion' could be the game changer in Indian film 

Film is probably going to hit 7,000 screens in India coming Friday, yet should do well in all adaptations to be a distinct advantage as part 1 does.

OnePlus 5 will accompany double camera, consistent back cover 

OnePlus is adapting to dispatch the OnePlus 5. There have been many gossIPS tidbits and breaks with respect to the phone, Tech can affirm that the phone will have a double camera on its back. Until further notice no different insights about the phone are known, in spite of the fact that it is normal that the OnePlus 5 will launch in the following two months and it will hit key markets like India and China. 

* RCB vs SRH  due to rain,  each got 1 point. 

* KKR vs Pune tonite in Pune stadium, will KKR perform same as they restricted RCB 49-allout

* Irfan Pathan is set to play for Gujarat Lions for whatever is left of IPL 2017. The team has already missed the services of Dwayne Bravo due to an injury and were in search of a replacement. 

Should Sushil Kumar rejoice or worry?; Big Jackpot 5 crore

Indian Sushil Kumar from Bihar just won the Rs 5 crores jackpot (Rs. 50 Million) on the fifth season of Kaun Banega Crorepati. (For those who do not know KBC, this is the Indian version of Who wants to be a Millionaire) He will not receive the entire Rs. 5 crores, the tax department will eat up about one third of his jackpot leaving him with about Rs. 3.5 crores; that's still a sizeable amount. Let us see how it can help Mr. Sushil Kumar - a post graduate in philosophy and an IAS aspirant - in his life. He is currently a school teacher earning a meager Rs. 6000 per month. In an interview Sushil Kumar revealed that he has some obligations that need to met first before he invests the rest of his money.

His elder brother who wants to set up his own business A younger brother wanting to quit his 'piddly' Rs. 1500 per month job and also wants to start a new business. His parents will want a nice big house - befitting the 'crorepati' son's status Sushil Kumar himself plans to quit his job in order to concentrate on his IAS exam. Sadly, along with a big amount of money God does not gift one with 'financial wisdom' - not even the wisdom of knowing that he needs unbiased financial advice. I can see a tomorrow and, therefore, find it difficult to rejoice in his success. Why you ask? Here's why.

His small village there will be a lot of people chasing him — "investment consultants" There will be greedy hands pulling from all sides: Namely, LIC agents, mutual fund agents, bank managers, other life insurance companies, pension providers, brokerage houses and bankers. It would be really interesting to track his life over the next 10 years on a year to year basis to see how much this money is scaring him, helping him, torturing him and helping him to meet his goals.

President Mr Obama to meet families of oil rig workers

US President Barack Obama is due to meet relatives of the 11 workers killed in an explosion on the BP oil platform in the Gulf of Mexico. A presidential spokesman said he would express his condolences to relatives. BP shares in the UK have fallen to their lowest level since 1997 amid fears of huge US penalties. US Attorney General Eric Holder said Americans would "not pay a dime" for the clean-up and BP would be held responsible for all damages. In another development, the Obama administration said BP had agreed to expedite the payment of claims to businesses and individuals whose livelihoods have been disrupted by the spill. US Pres Mr Obama has himself come under mounting political pressure over his handling of the crisis. Oil has been leaking into the Gulf since the Deepwater Horizon rig exploded on 20 April and sank off the coast of the US state of Louisiana, killing the 11 workers.
'Not a dime'
US President Obama will express his "heartfelt condolences" to their families during the private meeting at the White House, his spokesman Robert Gibbs said. "And I think he's eager to discuss with them what their family was telling them about safety conditions and what type of changes can and must be made in the regulatory framework to ensure that deepwater drilling that goes forward is done in a way that is safe and not life-threatening," Mr Gibbs added. Mr Obama said on Thursday that he and congressional leaders had agreed at a meeting that they should look at how to update US law to ensure victims of the Gulf oil spill were protected. Pollution legislation was written before the industry had developed ultra-deep water exploration and ought be brought up to date to ensure the people of the Gulf "are made whole", he added, in remarks quoted by Reuters.
Rapidly growing public anger in the US, Mr Obama is keen to show he is on top of the situation and will make his fourth visit to the region on Monday. His administration has been steadily applying more pressure on BP, and the US justice department is considering legal action to make sure BP has enough funds to cover the damage and compensate those affected by the slick. "I can make this pledge to the American people that the American people will not pay a dime for the clean-up of the Gulf region and that BP will be held responsible for all the damages that have occurred," Mr Holder told reporters in Washington. "We will take the necessary steps to make sure that that occurs."

Tracy Wareing, an official at the US National Incident Command office, said an understanding on expediting the payment of claims had been reached at a meeting with BP executives including CEO Tony Hayward. Administration officials had raised a "pressing concern" about the time BP was taking to provide relief payments, particularly to businesses in the stricken area, she added.
BP says a containment cap system placed on the blown-out well last week collected 15,800 barrels of oil on Wednesday - slightly up on the 15,010 barrels collected in the previous 24-hour period. The company has come under increasingly sharp attack by some US politicians for its handling of the spill, described as the worst environmental disaster the US has faced. Shares in the British oil giant have nearly halved over the last couple of months. The UK government on Thursday sought to play down fears expressed by some senior figures of "anti-British rhetoric" in the US. Prime Minister David Cameron, who will discuss BP with President Obama this week, said he understood the US government's "frustration". BBC News