Friday, 30 November 2012

Betrayed Kingfisher Airlines Ltd Pilots to take revenge on Dr Vijay Mallya ?





Dr Vijay Mallya, who once was known as "King of Good Times", may face real
trouble in the near future. Kingfisher Airlines (KFA) employees have threatened
to approach Directorate General of Civil Aviation (DGCA) if their due salaries are
 not paid by Friday, Nov 30.

The CEO of the grounded Kingfisher Airlines Sanjay Aggarwal along
 with Mallya had vowed to pay their salaries before Diwali. However, even after
festival of lights, employees of the airline are left in dark as management has
 failed to pay their salaries.

The Kingfisher Airlines has been grounded since Oct 1, 2012 after its engineers
and pilots went on strike demanding their long-pending wages. According to the
settlement between the management and employees of Kingfisher, employees were
expected to receive Apr salaries by Oct 31 and May salary by Nov 12.

The management also had promised to pay salaries for the months of June-September
when the company is recapitalised. The airline officials had also said that the
 company will pay salaries a month late from October.


The airline is looking at resuming operations by the third or fourth week of  December, if the regulator revokes the suspension of its licence and allows it to fly.







Banks say no word from Kingfisher even as deadline ends
Moneycontrol.com
... at 19:18. Banks say no word from Kingfisher even as deadline ends. Lenders toKingfisher Airlines said they are yet to hear from the grounded airline even as the deadline set by the bankers to bring in fresh equity of USD 1 billion ended today ...
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Moneycontrol.com
Kingfisher Airlines pilots threaten to approach DGCA over salary issue
Economic Times
MUMBAI: Having failed to receive their May salary as assured by the Kingfishermanagement, the airline pilots have now threatened to approach DGCA if they did not meet the commitment by today even as the regulator maintained that the issue is out of ...
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Economic Times
Banks to take final call on Kingfisher after Mallya meet
Moneycontrol.com
With no viable option left, the lenders to the debt-ridden Kingfisher Airlines (KFA) are set to take the “final call” on settling their outstanding dues after the proposed meeting with the company's chairman - Vijay Mallya. However, the company is yet ...
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Moneycontrol.com
Betrayed Kingfisher pilots to take revenge on Vijay Mallya?
Oneindia
Kingfisher Airlines (KFA) employees have threatened to approach Directorate General of Civil Aviation (DGCA) if their due salaries are not paid by Friday, Nov 30. The CEO of the grounded airline Sanjay Aggarwal along with Mallya had vowed to pay their ...
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A real King :-)






Kingfisher turnaround plan likely this month-end
Kingfisher Airlines pilots cry foul on salary again
Hindustan Times
Having failed to receive their May salary as assured by the Kingfisher management, the airline pilots have now threatened to approach DGCA if they did not meet the commitment by on even as the regulator maintained that the issue is out of its purview.
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Kingfisher-Seminole has numbers of No. 1 vs. No. 2
Enid News & Eagle
Both teams have a running back with more than 1,750 yards rushing — Kingfisher's Landon Nault (1,780 yards and 27 touchdowns) and Trent Newsom (1,754 yards and 28 touchdowns). Both have solid No. 2 running backs — Seminole's Pappi White (898 ...
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Kingfisher's fall continues on worries about outlook
The Guardian (blog)
With markets searching for direction in early trading, investors decided they knew which wayKingfisher should go. The owner of B&Q in the UK and Castorama in France has fallen 4.3p to 274.7p in the wake of Thursday's disappointing update and ahead of ...
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Broker tips: Kingfisher, Rio Tinto, Wolseley
ShareCast
LONDON (SHARECAST) - UBS has lowered its rating for B&Q and Screwfix owner Kingfisher from 'buy' to 'neutral' and reduced its target price from 300p to 290p, citing near-term risks. The broker said: "In most markets DIY demand remains depressed by a ...
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Europe Movers: CSR, Ferrovial, Kingfisher, RBS, TNT Express
123Jump.com
Kingfisher plc, the home improvement retailer declined 1.8% to 274.10 pence after negative comments from brokers. Intertek Group Plc, the quality and safety solutions provider rose 1.1% to 3,093 pence after a broker upgrade. Royal Bank of Scotland ...
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Kingfisher plc Rating Lowered to Neutral at UBS AG (KGFHY)
Jags Report
Kingfisher plc is a home improvement retailer. The Company, together with its subsidiaries, joint ventures and associates, supplies home improvement products and services through a network of retail stores and other channels, located mainly in the ...
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Market overview: Kingfisher and RBS drift to the bottom
IFA Magazine
0844: Kingfisher has drifted to the bottom of the Footsie on follow through selling from yesterday. RBS, however, is not far behind, with some commentary pointing a finger at reports in today's papers to the effect that the state-owned bank could be ...
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Every great Dream begins with a Dreamer.



Every great Dream begins with a Dreamer.
Always remember,
you have within you the Strength,
the patience,
and the Passion to reach for the stars to change the world.


Success comes in all sizes.




Success comes in all sizes.
So whatever you attempt, regardless of the task at
hand, do it the best that anyone has ever seen.

Yahoo’s New CEO Marissa Mayer Has A Fortune To Share




The Monday announcement of the new CEO joining for Yahoo had another announcement
to accompany. The new chief executive officer of the company, Marissa Mayer
announced the good news of her pregnancy with a boy child to be born on Oct 7
this year. Mayer reported to the Fortune reporter through an interview for a couple of hours. She said that her son was quite mobile just as his parents, and more like his mother who recently switched from Google to Yahoo.



Mayer is 37 now, and had started her career as Google’s 20th employee. She had the responsibilities of maintaining the Google Maps and Google Earth technologies. Other than this, she was the leader in the Zagat project for the year 2011. She headed Google as vice-president for 13 years and was the first lady employee for Google.



Mayer’s first computer had been bought only at college. She started with being a paediatric neurosurgeon and then ended up with completing her academics with a huge mix of subjects like symbolic systems, philosophy and computer science.

She had 14 job offers after graduating. She hired an economist and worked hard by herself as well to find a solution. The motive was to get the best job selection in terms of success, lifestyle, location, career trajectory, etc.



Her thoughts convey that women employees in the tech industry are minute because of the traditional idealistic beliefs about a computer programmer is to be “a geek”. But, she suggests that women must find places where they could try unique projects and work with people who believe in them. This leads to a good pay off.




Thursday, 29 November 2012

Open-source cloud Eucalyptus gets visual with 'toughened' version 3.2


Open-source cloud Eucalyptus gets visual with 'toughened' version 3.2
ZDNet
Open-source cloud Eucalyptus gets visual with 'toughened' version 3.2. Summary: Eucalyptus Systems' new Eucalyptus 3.2 cloud computing software includes new management and storage capabilities, and a new graphical user interface. Sam Shead ...
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Data Security Concerns Impact Cloud Deployments
eWeek
While organizations continue to adopt cloud computing solutions, data security remains an issue, according to survey of enterprises commissioned by Asigra and performed by the customer metrics and research organization, TechValidate. The survey found ...
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eWeek
Researchers identify ways to exploit 'cloud browsers' for large-scale ...
Phys.Org
"Think of a cloud browser as being just like the browser on your desktop computer, but working entirely in the cloud and providing only the resulting image to your screen," says Dr. William Enck, an assistant professor of computer science at NC State ...
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Will Cloud Computing Become a Regulated Industry?
Backup Technology
The use of cloud services is becoming more and more common in businesses of all types and sizes. However, there are still many businesses who are reluctant to commit to cloud computing because of concerns, primarily over reliability and security.
See all stories on this topic »
Five things to watch for at Amazon cloud conference - Techworld.com
Techworld.com
Pretty much anyone watching the cloud computing market will tell you that Amazon Web Services is its 800-pound gorilla. Which means that this is a big week for the company: Today in Las Vegas, Amazon kicks off its first user conference, called AWS re: ...
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Techworld.com
Raining On The Cloud Computing Stocks
Forex Pros
Tuesday afternoon, many of the leading cloud computing stocks traded lower on the session. One of the leading cloud computing stocks is Salesforce.com Inc (CRM). CRM stock traded lower by $3.22 to $157.00 a share. This 2.0 percent decline in CRM stock ...
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Develop now for the Dragon's Den SMB cloud - CWDN
ComputerWeekly.com (blog)
Logically we saw the initial birth of the cloud computing model of service-based IT delivery focus on the enterprise big business space. Big advances in operational flexibility with application and data storage changeability and agility, plus of course ...
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Review: Rackspace Cloud keeps IaaS simple
InfoWorld
Rackspace was one of the first players in the cloud arena. The company recognized early that enterprises wanted faster, simpler ways to spin up and spin down servers. If the bosses are going to be fickle and impulsive, there will always be a market for ...
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Iomart Web Hosting Boosted Growth in Revenue by Adoption of Cloud Computing
Greatresponder.com
Greatresponder.com on Nov 28, 2012: Iomart Web Hosting, announced a positive set of consolidated half yearly results for the period ended 30 September 2012 boosted by adoption of cloud computing. Operational highlights for the previous six months...
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Software defined what?
The Age
... analysts love to give: "it depends". It depends on whether you are a large telco,cloud computing provider, IT service provider or research institute operating a large or complex network: these are the likely candidates for early adoption of SDN ...
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Captain Jeff “Tebo” Kropf, 45, of Halsey, and Timothy Dean Carter, 46, of Portland were killed in a Vans RV-6 Single Engine Airplane, crash on Highway 226 and Brewster Road on Nov. 26.


Kropf is known to many in Lebanon and throughout the mid-valley for the
Young Eagles flights he gave out of LebanAir Aviation.

“I know he was a good, safe Pilot,” said Ernie Kropf of his brother.
“One of his favorite things to do was give free Young Eagles flights.”

Jeff Kropf had set a goal to give 200 Young Eagle flights this year.
Larry Knox of LebanAir Aviation said Kropf was just three short of that
goal before the crash.

Kropf was the passenger, Knox said, in the plane that went down at about
3:40 p.m.

Dawn McUne witnessed the plane going down while travelling north on
Brewster Road to take her children to 4-H.

“It made a spiral down and crashed into the field,” McUne said.

She said she and other drivers had pulled over after seeing the accident.

“One gentleman quickly jumped over the fence (to help),” McUne said.

She called her husband Russ McUne first because the plane went down close
to their home, then called 911.

“Our house is just right there and I knew he would get there a lot quicker,”
Dawn McUne said.

Russ McUne, an emergency room doctor at Samaritan Albany General Hospital,
was at home working in the barn, he said.

He had his headphones on and didn’t hear the crash, he said.

“I drove up there pretty fast,” Russ McUne said. “There were a couple of
people already out there. I asked if there was anyone in there. It was clear
 there were fatalities.”

McUne identified himself as a physician to authorities when they arrived,
and stayed on scene for about an hour.

“It was definitely clear it was

instant, (they were) killed on impact,” Russ McUne said.

“It was very sad,” he added. “Especially to find out who they were. The
guy who does all these flights with children, I’m glad there wasn’t a kid
on board.”

Knox said LebanAir Aviation proudly footed the bill for the Young Eagle
flights.

“We got him through his commercial license earlier in the year,” Knox said.
“We wanted him to be there because he could teach young people what aviation
 was all about and how wonderful it is.”

Kropf’s death is a loss to those who knew him and to the aviation community,
Knox said.

“His love of life on this earth was flying,” Knox said. “He did it with
wonderful finesse. His whole world was teaching youngsters.”

Knox said Kropf was like a son to him.

“There’s never been a young man that’s ever brought the light into life with more class,” he said.

The accident

Carter was the owner the Vans RV-6 single engine airplane, Linn County
Undersheriff Bruce Riley said. He had a private pilot license.

Riley said it has not been confirmed Carter was piloting the plane.

“Carter landed the plane when he arrived at the Lebanon airport,” Riley said. “We do not know for sure who was piloting the plane when it crashed.”

The plane has dual controls, so either person could have been piloting the plane, Riley said.

It may take months for the National Transportation Safety Board to come up with a probable cause of the accident, said Allen Kenitzer, communications manager for the Federal Aviation Administration.

While the FAA and NTSB are investigating this accident, the NTSB is the lead investigative agency, Kenitzer said.

Kenitzer said private small planes generally do not have black boxes on them.



Industry Fights New-Pilot Mandates
Wall Street Journal
Meanwhile, associations representing mainline and regional carriers, which dispute the benefits of the new pilot training mandates, are pushing for relief. They argue that without some sort of fix, the result will aggravate the already dwindling supply ...
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Wall Street Journal
Pilot training org adds $280M to Waikato's economy over eight years
Voxy
Airline pilot training organisation, CTC Aviation Training (NZ) Limited has paid back a $3M loan it was given by Hamilton City Council in 2004 to help establish a flight training school at Hamilton Airport. It was this financial support from the ...
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Female soldiers need combat training for today's wars, says retired Air Force ...
Dallas Morning News
Even as the U.S. Department of Defense pushed hard to expand the roles of women in the American military, the one area it wouldn't broach was placing female soldiers in combat positions. But according to a lawsuit filed this week on behalf of four ...
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Quasar Announces Open House & New Services
Equities.com
This state-of-the-art aircraft will allow Quasar, through its two wholly owned subsidiaries, Atlantic Aviation, Inc. and A-Cent Aviation, Inc., to generate substantial revenues in the fast growing arena of Sport Pilot training. We would like all to ...
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Pilots and cosmonauts: Russia's sidelined elites
TwoCircles.net
Today, the average salary a pilot can expect is 50,000 to 60,000 rubles ($1,600 to $1,900), severalpilots said. The situation used to be as bad in the cosmonaut training industry, but things have picked up in the past few years, Sergei Krikalev, the ...
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Kingfisher profits fall on tough markets, currency

Kingfisher Third-Quarter Profit Drops on France and Britain
Businessweek
Kingfisher Plc (KGF), Europe's largest home-improvement retailer, said third-quarter profit slid as sales declined in France and Britain, its two biggest markets. So-called retail profit fell 5.9 percent to 257 million pounds ($412 million) in the 13 ...
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Kingfisher profits fall on tough markets, currency
Reuters
LONDON Nov 29 (Reuters) - Kingfisher, Europe's No. 1 home improvements retailer, posted a 6 percent fall in third-quarter profit, hit by a fall in sales in its main markets in France and the UK as well as unfavourable foreign exchange movements. The ...
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'Kingfisher still enjoys goodwill among travellers'
Business Standard
Kingfisher Airlines still enjoys goodwill among Indian travellers who are optimistic about its revival sometime in the future, according to a recent survey conducted by tripadvisor.in, a global travel site. As many as 74 per cent of the respondents to ...
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Kingfisher joins tourism team off to attract Indians
Fraser Coast Chronicle
KINGFISHER Bay Resort is one of 17 businesses taking part in a tour of India this week to sell Queensland's tourism hotspots to more than 400 Indian travel wholesalers, retail agents and media. Minister for Tourism Jann Stuckey said India was one of ...
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Kingfisher aided by international business
ShareCast
LONDON (SHARECAST) - DIY group Kingfisher saw revenue and profit creep up in the third quarter, as the company was boosted by sales in its new international territories, such as Russia. Revenue was up 0.8% at constant currency to £2.7bn, while retail ...
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Kingfisher margins up
Stock Market Wire
StockMarketWire.com - DIY specialist Kingfisher reported a Q3 retail profit of £257m, up 0.1% in constant currency terms, and sales of £2.7bn, down 2.8% like-for-like. Group total sales up 0.8% driven by growth in the Other International division where ...
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Kingfisher Q3 retail profit down 5.9% on reported basis - Quick Facts
RTT News
Kingfisher PLC (KGF.L) reported third-quarter retail profit of 257 million pounds down 5.9% on reported basis, and up 0.1% in constant currencies. Sales were 2.7 billion pounds, down 3.9% on reported basis, up 0.8% on constant currency, and down 2.8% ...
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The Coming Global Recession



With the U.S. Congress still struggling to resolve what has come to be known as
the "fiscal cliff" before the deadline passes and we all plunge over the precipice, there
 has been a lot of talk and official prediction related to a coming U.S. recession.
And it's not just talk; Europe has fallen back into recession, with even Germany
suffering, and China's growth story has suffered a major slowdown as well.
So are we really in for it here in the U.S., too? In this video, Motley Fool
analyst Morgan Housel discusses how accurate our recession predictions have
been historically and how recessions have changed. He also discusses some
factors that might set the U.S. apart from the rest of the world in this sluggish
 economic climate.

Even in big economic downturns, however, there are still great opportunities,
 especially as we continue down the road to recovery. To learn more about a few
ETFs that have great promise for delivering profits to shareholders in a recovering
 global economy, check out The Motley Fool's special free report "3 ETFs Set to
Soar During the Recovery." Just click here to access it now.


'Conscientious consumption' survives recession
USA TODAY
Corporate giving fell in 2009 in the wake of the Great Recession, according to an annual survey of 144 companies by the Committee Encouraging Corporate Philanthropy (CECP) a non-profit that helps companies with their giving. But in its most recent ...
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The Coming Recession
Motley Fool
With the U.S. Congress still struggling to resolve what has come to be known as the "fiscal cliff" before the deadline passes and we all plunge over the precipice, there has been a lot of talk and official prediction related to a coming U.S. recession ...
See all stories on this topic »
Global recession warning
New Zealand Herald
The global economy could slide back into recession if its major problems like US budget standoffs and Europe's lack of jobs are left to fester, a leading international economic body said yesterday. In its half-yearly update, the Organisation for ...
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Will U.S. Recession Be Confirmed Friday?
Seeking Alpha
While we all have our ways of trying to determine if we're now in a recession or when the nextrecession is coming, it's simply very difficult to predict. The St. Louis Fed Research (FRED) website puts up a chart called: "Smoothed U.S. Recession ...
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Consumer confidence hits post-recession peak
MarketWatch
WASHINGTON (MarketWatch) — Consumer confidence rose in November to its best reading in more than four years, according to data released Tuesday, as growing hopes for the jobs market buoys sentiment. The Conference Board said its consumer ...
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Czech Lawmakers Endorse Deficit-Cut Plan as Recession Lasts
Businessweek
Czech lawmakers approved the 2013 draft budget in a first reading, endorsing the government's plan to cut the fiscal deficit as the economy faces the risk of the longest recession on record. Seventy-nine of the 152 deputies present voted to lock in ...
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Recession, what recession?
Irish Times
However, the term “recession” tells only part of the story. There is no recession when indicators of personal qualities are measured. The warmth, care and hospitality shown to these two ordinary Australians by so many folk we encountered, when combined ...
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Killing Them Softly is a hitman allegory about the Great Recession
Charleston City Paper
by Scott Renshaw. An adaptation of George V. Higgins' Cogan's Trade, Killing them Softly looks at. Courtesy of the Weinstein Company. An adaptation of George V. Higgins' Cogan's Trade, Killing them Softly looks at our response to the Recession.
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Charleston City Paper
Spain still mired in recession: central bank
AFP
MADRID — Spain appears to be stuck in a jobs-killing recession in the final months of 2012, the central bank said in a preliminary report Wednesday. The scarce available data pointed to shrinking economic output in the final months of 2012, the Bank ...
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AFP
Is The Decline In Core Capital Expenditures Growth A Worrisome Recession ...
Business Insider
This morning the Census Bureau released the October Durable Goods report for data through October. The CAPEX referenced by Rosenberg is the Manufacturers' New Orders: Nondefense Capital Goods Excluding Aircraft data series, which is conveniently ...
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