Facebook to setup 100 wifi hotspot in India with BSNL.

Facebook has come forward to facilitate state-run BSNL in setting up 100 wi-fi sites in rural areas of western and southern India. Facebook will spend Rs 5 crore per annum for sponsoring these 100 Wi-Fi hotspots in the country.

“Facebook has partnered with us to sponsor 100 wi-fi hotspots in villages across west and southern India. They will pay Rs 5 lakh for BSNL bandwidth for each hotspot per annum,” BSNL Chairman & MD Anupam Shrivastava told PTI. The hotspots are being set up by BSNL selected vendor Quad Zen.

“We have already set up 25 hotspots under the agreement. Facebook is only sponsoring them and not taking any revenue share. Quad Zen will set up these hotspots and handle sales. There is revenue share model between BSNL and Quad Zen,” Shrivastava said.

When contacted, a Facebook spokesperson said, “We don’t have any comments at this point of time.” The agreement between Facebook and BSNL is for three years and it can be further extended for two more years, he said.

Top 5 online companies generating highest income.

Amazon making $34,204,000,000 per year and $1084 per second.

The website was founded in the year 1994 and it’s currently employing 33,700 people. Amazon.com selling it’s product as far as U.K,AUSTRIA,INDIA,JAPAN ,CHINA, etc. Amazon.com is one of the largest online retailer and generating highest revenue than any other website.

Google generates $29,321,000,000 per year and $929 per seond.

Google is the second most earning website in the internet world. The current leader in internet traffic is Facebook ,so Google recently came out with the concept “Google+”. Google grew into most users ‘go to ‘ site for searching the internet and their motto ti provide world’s information and make it universally accessible and useful.

eBay generates $9,156,000,000 per year and $290 per second.

   eBay was founded in 1995 it is one of the successful traditional online shopping website, where you can effectively cut out retailer to buy and sell between user and user. eBay has acquired 35companies in the past 13 years including 6 online auction site in the US,SOUTH KOREA,INDIA,FRANCE AND SWEDAN ensuring that they are the no. 1 on the online auction.

Yahoo generates $6,324,000,000 per year and $200 per second.

   Yahoo was founded in back in March 1995 and they certainly have their fingers in a lot of pies acquiring over 60 different companies in the last 16 years. As far as search engine traffic goes, It gets 64 times the amount of traffic from Goolge.

Alibaba generates $5,576,000,000 per year and $176 per second.

Alibaba website provide business to business tool and it brings importers and exporters from more than 240 countries and regions, at one place. Alibaba mainly focuses on the trade users across the world. Alibaba has 65 million registered users in more than 240 countries and offices in more than 70 locations in the world.

        

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North-South Transport Corridor(NSTC) Trade Route Between India and Russia.

The aim of the NSTC is to increase trade connectivity between major cities such as   Mumbai, Tehran, Bandar Anzali, Austrakhan, Moscow and etc.The length of this route is 5,600km from North end to South end.The international North-South Transport Corridor is the ship, rail and road route for moving freight from India, Iran, Azerbaijan and Russia via ship,rail and road.
A study conducted by the Federation of Freight Forwarders Association in India found the route is "30% cheaper and 40% shorter" than the current traditional route.The objective of the NSTC project is to reduce cost in terms of time and money over the traditional route currently being used.

6$ MILLION BOOKS DONATED TO STATE LIBRARY OF VICTORIA.

The family of Melbourne barrister John Emmerson who was having a huge collection of rare books from 15th century was donated to the state library of Victoria, Australia. Valued at about the Australian $8 million (about $6million).The collection also contains the early editions of noted British writers, including Geoffrey Chaucer, John Milton, Daniel Defoe, Jonathan Swift as well as books owned by king Charles I of England ,a Nuremberg bible dating back to 1485, and pamphlets that  contains daily news about the impending execution of Charles I.

Emmerson started collecting books in the 1960s when he was studying nuclear physics at Oxford University. When he returned home in 1970s he continued buying books .But unfortunately he passed away in August last year.

WORLD YOUTH SKILL DAY.

July 15 this day was approach by Sri- Lanka  in the United  Nation General Assembly.The main motive of this day is to develop skills among the youth because the number of unemployment around the world is increasing and require immediate solution.The United Nation works with all its agencies and member states to empower the skills of the youth for the bright future. Government and NGOs are engaged to educate the youth and help them,which in turn,helps the world.So we should celebrate world youth day and help the youth for their better future.

WHAT IS AN ILLEGAL ACTION????

       

                               
                        WHY SUNIL  NARINE BANNED FOR HIS ACTION???

If the bowlers "elbow extension" exceeds 15 degree at the time of delivery of ball than that action is said to be illegal.This is decided by the international cricket council(ICC).It came into force from November 2004.In cricket terminology this is called "throwing a ball or chucking".

If the bowler suspected at an illegal action than the match official will report this to the bowlers team management or to his respected board.After receiving the notice the bowler must undergo testing to his action at ICC accredited facility within 21 days.And the bowler should keep on practicing untill his action becomes legal.

FUNDS FROM AIIB FOR BETTER DEVELOPMENT OF ASIA

   

        AIIB is going to provide funds for the better development of road system,telecommunication and other infrastructure development.this development projects are for the poorer region of the asia .India and other 49 members of the asian infrastructure investment bamk signed an agreement providing an legal framework for the china $100billon multilateral asian infrastructure investment bank.This agreement is going to sign at beijing at the great hall of the people.Australia was the first country to sign the agreement with 49 other members.Seven more countries are like to sign by the year end.The bank will have capital of $100billion.
     "The AIIB will uphold high standard and follow international rules in its operation policy making and management to ensure efficiency and transparency".
LOU JIWEI, FINANCE MINISTER,CHINA.