PMO officials hold talks with ex-servicemen
Giving credence to speculations that Prime Minister Narendra Modi might make an announcement on One Rank One Pension (OROP) from the Red Fort during his Independence Day address to the nation, officials from the PMO on Wednesday, held discussions with representatives from the United Federation of Ex-Servicemen Movement (UFESM) protesting for early implementation.
Team inspects site for Kalam’s memorial
A team of officials from the Centre and State government on Tuesday visited the site of the proposed memorial for former President A.P.J. Abdul Kalam.
The memorial will have a library, museum and a meditation centre, said CPWD Executive Engineer Ganesan.
Preliminary survey of the land at Peikarumbu, where the body was laid to rest on July 30, is being conducted now.
The demand for setting up a memorial for Kalam at the site had been made by many people including the family members of the former President.
Tamil Nadu government has announced instituting an award in the name of Kalam besides observing his birthday as ‘Youth Renaissance Day’.
Kalam died on July 27 in Shillong and was laid to rest at his native Rameswaram in Tamil Nadu on July 30.
All you need to know about Alphabet, Google's new parent company
Google Inc. is changing its operating structure by setting up a new company called Alphabet Inc. which will include the search engine business and a number of other units. Based in California, the co-founders of Google are to take up top positions in the company, with Larry Page as the CEO and Sergey Brin as the President of Alphabet Inc.
Sundar Pichai, former Senior Vice President of products, is to become the CEO of Google replacing Larry Page.
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What is Alphabet? A collection of companies, the largest of which will be Google. Alphabet will include businesses like Google X, Calico, Google Capital, Google Ventures etc. |
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Why the name? They chose the name Alphabet as it is a collection of letters which represent a language, which is the core of how they index with Google search. |
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The company was created in order to make management of all their businesses easier. Google will be slimmed down by removing subsidiaries from Google that are not related to their main internet product and placing them under Alphabet. |
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Alphabet Inc will replace Google Inc as the public-traded entity and all shares of Google Inc, will automatically be converted to the same number of shares of Alphabet. |
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•All companies under Alphabet will have independence to develop their own brand rather than developing Alphabet as brand itself. |
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The creation of Alphabet is said to make the company more fiscally accountable. The company will be reporting financial results in segments, which will give a clearer picture of how the business is performing, making it more transparent for investors. |
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Alphabet will allow the leaders to focus on more creative and ambitious projects like the glucose sensing contact lenses and their drone delivery project Wing. |
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Google doesn't yet own Alphabet.com, so instead abc.xyz is the home of Google's newest company. |
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Other projects that are under development include self driving cars, Internet balloons and Google Glass. |
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Google will become a wholly-owned subsidiary of Alphabet. The company’s stocks were up by 5 per cent after the announcement made by Larry Page. |
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