Wednesday, 16 October 2013

Google Rival ??

Who needs Google Street View? Indian brothers launch rival service Wonobo


Who needs Google Street View! Even as the global search major struggles with Indian authorities to get permissions to take images of Indian city streets, a small Mumbai-based mapping company has done all that Google had planned, and perhaps more, for the top 54 Indian cities.

Genesys International, founded in 1995 by brothers Sol and Sajid Malik, have captured numerous images of almost every street in these cities, and stitched the images together to create 360-degree panoramic views of the streets, almost exactly the way Google has done in many other parts of the world.

On Tuesday, the company launched the service under the brand Wonobo (wonobo.com). The site suffered from a little latency on Tuesday, but the company says the speed will improve in a day or so as they get everything in place.

So how come they were able to do something that Google has not been able to yet in India? Sajid Malik told TOI that one advantage Genesys had was that they had been working with the government for many years for their mapping services. "For street view, the government, including the defence ministry and the Survey of India, threw a lot of regulations at us. We painstakingly fulfilled their requirements, including not taking pictures in sensitive areas," he said.

Genesys may also have the advantage of being a local company that's hosting the data in local servers. The company has so far been in the services business, creating map content for others such as Navteq (provider of electronic navigable maps), Nokia and Bing, and was involved recently in creating digital maps of Dubai, Mecca and Medina.

Wonobo street view is being launched initially for 12 cities -- Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Ahmedabad, Surat, Jaipur, Costal Goa, Kolkata, Agra, Pune. The remaining 42 cities will be launched over the following weeks.

Wonobo's main street view service provides a map on the left side of the screen and the street view on the right (you have the option of having a full-screen street view and keeping the map as a small box at the bottom). You can click any part of the map and get the corresponding street view. You can look all around a point on a street. You can click or drag on the street view to go down a street.

There's a search box to find locations. With the help of field staff, Wonobo has tagged some 10 million points of interest. That includes 4 million business locations. You can walk into some of these locations - like Novotel hotel in Mumbai - and look all around. Though the company is not charging Novotel now, these are potential revenue sources. For many of the small businesses tagged, it's their first web presence. "Any merchant can mention his suite of services, show real time prices or available inventory, showcase interiors. One of our revenue sources will be based on such hyper-local engagement," Sajid said.

Random checks we did on Wonobo showed that some of the images are a little dated, some important roads have not been covered yet, some of the tagging could have been better done. Search for Barton Centre, a landmark building on Bangalore's MG Road, and you get a view of an ugly electric transformer at the back of the building. The company says their effort is to ensure that images are no more than six months old.

The Wonobo platform also enables anybody to create pictorial storylines and guides. You could create a 'Sachin Tendulkar guide' that shows everything from the nursing home he was born in to the house he lives in now. You could create a street food guide or recommend a walking tour in a city. You can invite others to participate in creating your storyline, and you can even share your storylines on social media.

Wonobo is working with the Indian tourism department to showcase heritage sites, something that Google is also now doing, though Google is yet to get permissions for wider street views.

Bangalore startup Vidteq has done video images of streets in Bangalore, Chennai, and Hyderabad. But video requires greater bandwidth, and Vidteq does not provide panoramic views.

Wonobo has captured images in very high resolution, but the resolution used on the website is lower in order to reduce latency given our generally low internet speeds. Mobile will require even lower resolutions. "We will do a mobile app soon," Sajid said.

Sunday, 13 October 2013

Act Of God ;(

Cyclone Phailin hits 90 lakh people; 14 dead, lakhs of homes damaged



 Cyclone Phailin on Sunday left a trail of destruction knocking down lakhs of homes affecting nearly 90 lakh people and destroying paddy crops worth about Rs 2,400 crore, but little loss of life was reported in Odishaand Andhra Pradesh in the country's strongest storm in 14 years. 

Official sources in New Delhi said the storm left 14 dead including 13 in Odisha after one of the largest evacuation efforts in the country's recent history while reports from the two states said the death toll was 17 including 16 in Odisha. The deaths were reported to have been mainly caused by falling trees and house collapse. 

"The loss of life has been absolutely minimal," a senior Union government functionary said. Nearly 10,000 people were killed in the previous powerful storm that hit Odisha in 1999. 

Communication links were vastly disrupted by the strong winds that went upto a speed of 220 kmph when the "very severe" cyclonic storm crossed the coast near Gopalpur last night and weakened before turning into a depression. Ganjam district in Odisha bore the brunt of the storm. 

A Panama-registered cargoship M V Bingo carrying iron ore was reported to have sunk in rough seas in the impact of the cyclone off the coast of West Bengal, but the crew were spotted in a lifeboat by a Coast Guard Dornier aircraft. 

Authorities in Odisha evacuated nearly nine lakh people, the largest in recent history, ahead of the storm to cyclone shelters and public buildings like schools to avoid a repeat of the monstrous 1999 super cyclone. 

"We are on the whole quite satisfied with the type of evacuation that was done," Vice chairman of National Disaster Management Authority M Shashidhar Reddy said. In Gopalpur, where the storm struck first, "almost 90-95% people had been evacuated". 

Defence and paramilitary personnel were deployed to carry out relief and rehabilitation measures and restoring infrastructure badly affected by the storm. 

The IMD said in New Delhi that Phailin has weakened into a cyclonic storm with wind speed between 60 and 70 kmph. It is currently close to Jharsuguda in north Odisha. 

Odisha chief minister Naveen Patnaik said the primary aim was to minimize loss of human lives and they have successfully managed to do so. "Property to the tune of several crores has been damaged...Rehabilitation will now be done." 

Giving details of the devastation, Odisha revenue minister S N Patro said 14,514 villages in 12 districts have been affected, hitting a population of 80,53,620. 

Over 2.34 lakh houses have been damaged and more than 8.73 lakh people evacuated. 

Over five lakh hectares of standing crops have been destroyed by the gushing waters causing an estimated loss of Rs 2,400 crore, he said.


Friday, 11 October 2013

Sachin You Will Be Missed :(

Sachin Tendulkar defied age at every stage of his career



Sachin Tendulkar, 40, started playing competitive cricket as a kid. The Board of control for cricket in India ( BCCI) in its tweets listed the milestones of the master blaster's career since he was 11 years old. 

At 11: Sachin Tendulkar played his first Giles Shield match against Khoja Khan School at Azad Maidan, scoring 24 

At 12: Sachin Tendulkar scored a century for his school in the U-17 Harris Shield 

At 13: Sachin Tendulkar had a dream run in Giles Shield, scoring seven centuries, including a double ton 

At 14: Sachin Tendulkar was involved in a record-breaking 664-run partnership with Vinod Kambli 

At 15: Sachin Tendulkar scored a century on his first-class debut for Mumbai against Gujarat 

At 16: Sachin Tendulkar made his Test and ODI debut againstPakistan 

At 17: Sachin Tendulkar scored his maiden Test century - a match saving 119 not out against England at Manchester in 1990 

At 18: Sachin Tendulkar became the youngest Indian to appear in a @cricketworldcup (1992) 

At 19: Sachin Tendulkar became Yorkshire's first overseas signing and also the youngest to reach 1,000 Test runs 

At 20: Sachin scored his first Test century at home, against England at Chennai - 165 studded with 24 fours and a six 

At 21: Sachin Tendulkar scored his first ODI century against Australia at Colombo - 110 off 130 balls 

At 22: Sachin signed a five-year contract for 300 million (Rs) to become the most paid player in the history of cricket 

At 23: Sachin Tendulkar became highest run-getter in a @cricketworldcup (1996) with 523 runs from 7 matches at an avg of 87.17 

At 24: Sachin Tendulkar achieved a rare feat of scoring 1,000 runs in calendar year in both - Tests and ODIs 

At 25: Sachin Tendulkar scored back to back ODI centuries against Australia in Sharjah - one on his birthday 

At 26: Sachin Tendulkar scored his first Test double century - 217 runs against New Zealand 

At 27: Sachin Tendulkar became the first batsman to score 50 international hundreds with his 201* against Zimbabwe 

At 28: Sachin Tendulkar became the first player to aggregate 10,000 ODI career runs 

At 29: Sachin Tendulkar surpassed Bradman's record of 29 Test centuries by scoring 193, vs. England at Headingley (2001) 

At 30 : Sachin Tendulkar scored 673 runs in 11 matches in @cricketworldcup at 61.18 - most by any batsman in a single WC 

At 31: Sachin Tendulkar equalled Gavaskar's record 34 Test centuries with a career best 248* vs.Bangladesh at Dhaka 

At 32: Sachin Tendulkar scored his 35th Test century to go past Gavaskar's world record tally of 34 centuries 

At 33: Sachin Tendulkar played his only T20 International and also became the oldest Indian to appear in T20Is 

At 34: Sachin Tendulkar crossed 15,000 runs in ODIs and 11,000 runs in Tests 

At 35: Sachin Tendulkar surpassed Brian Lara to become the leading run-scorer in Test cricket 

At 36: Sachin Tendulkar crossed 17,000-run mark in ODIs and also became the 1st player to score a double-century in ODIs 

At 37: Sachin Tendulkar achieved his dream of being part of a World Cup-winning team in Mumbai 

At 38: Sachin Tendulkar became the first player to score 100 international hundreds 

At 39: Sachin Tendulkar matched Sunil Gavaskar's Indian record of scoring most (81) centuries in first-class cricket 

At 40: Sachin Tendulkar became the first sub-continent player to aggregate 50,000 runs in all recognised cricket

Wednesday, 9 October 2013

Higgs, Englert win 2013 Nobel prize for physics

Higgs, Englert win 2013 Nobel prize for physics



 Peter Higgs of Britain and Francois Englert of Belgium won the Nobel Physics Prize on Tuesday for the discovery of the " God particle", the Higgs Boson that explains why mass exists, the jury said. 

The pair were honoured for "the theoretical discovery of a mechanism that contributes to our understanding of the origin of mass of subatomic particles, and which recently was confirmed through the discovery of the predicted fundamental particle," the jury said. 

The elusive boson was theorized by Higgs in 1964 to be what gave mass to matter as the Universe cooled after the Big Bang. 

Guided by the theoretical work of Higgs, Englert and others, hundreds of scientists have been on a single-minded boson quest for over three years at the CERN laboratory's atom-smashing Large Hadron ColliderLHC). 

On July 4 last year, physicists announced to rousing applause that they had found an elementary particle "consistent with (the) long-sought Higgs Boson" -- a scientific milestone. 

Last year the award went to Serge Haroche of France and David Wineland of the US for work in quantum physics that could one day open the way to revolutionary computers. 

In line with tradition, the laureates will receive their prize at a formal ceremony in Stockholm on December 10, the anniversary of prize founder Alfred Nobel's death in 1896. 

Arundhati Bhattacharya to be named SBI's managing director

Arundhati Bhattacharya to be named 

SBI's managing director



 One of the last bastions of male dominance crumbled on Monday when the government named Arundhati Bhattacharya as the first woman chair of the 206-year-oldState Bank of India, which together with its subsidiaries, accounts for 22% of the country's bank deposits and 23% of total lending.

That's not the only record: Bhattacharya is also the first woman to ever lead a Fortune 500 company in India, and the only woman banker on that list of giants anywhere in the world.

Bhattacharya (57), who was earlier managing director and chief finance officer of SBI, takes charge at a time the bank faces pressure of rising bad loans as borrowers find it difficult to meet their repayment obligations in a slowing economy. She also has to restore the confidence of investors who have dragged down SBI's share price in recent weeks because of this deterioration in asset quality.

Although Bhattacharya was the only executive in SBI's senior management with a minimum residual service of two years, the government had decided to waive this requirement and consider all the four managing directors of the bank. They included Hemant Contractor, A Krishna Kumar and S Vishvanathan. Insiders said that Bhattacharya held her own during the interviews.

Bhattacharya, who joined as a probationary officer in 1977, has held key positions in SBI in her 36-year career. She was chief executive of the bank's merchant banking arm, SBI Capital Markets; before that, as chief general manager in charge of new projects, she was actively involved in the launch of several new businesses such as SBI General Insurance, SBI Custodial Services and the SBI Macquarie Infrastructure Fund. During her stint at the bank's New York office, she oversaw external audit and correspondent relations.

Bhattacharya's appointment, for three years, may not bring any major surprises, at least to begin with, as she has worked closely with the outgoing chairman, Pratip Chaudhuri. In a recent interview, Bhattacharya had spoken of the need to get out of what she described as a QSQT—quarter se quarter tak—culture and to take a longer term view of four to six quarters. Listing her priorities as MD she had highlighted capital efficiency, improvement in productivity, investor relations and overall liquidity management.

Although there are many instances of women occupying the corner offices in Indian banks, SBI has a special place in India's financial sector as the bank. Besides its sheer size and network of over 15,000 branches, SBI plays a strategic role as banker to the government in its defence and crude oil deals.

Wal-Mart and Bharti Enterprises announce end of their India joint venture.


Wal-Mart and Bharti Enterprises announce

 end of their India joint venture.




Ending speculations over future of their partnership, Bharti Enterprises and Wal-Mart Stores, Inc. said on Wednesday they are going separate ways for operations in the Indian retail sector.

Subsequently, the US retail major will buy out the Indian partner from their 50:50 wholesale cash and carry joint venture — Bharti Walmart, for an undisclosed sum.

In a joint statement, the companies said they have reached an agreement to independently own and operate separate business formats in India and discontinue their franchise agreement in the retail business.
The agreement is subject to finalisation of definitive agreements and receipt of the requisite regulatory approvals, it said.

"Upon receipt of required clearances, Wal-Mart would acquire Bharti's stake in Bharti WalmartPvt Ltd, a joint venture between Bharti and Wal-Mart, giving Wal-Mart 100 per cent ownership of the Best Price Modern Wholesale cash and carry business," it said.

Commenting on the development Bharti Enterprises vice-chairman and MD Rajan Bharti Mittal said: "Bharti is committed to building a world-class retail venture and will continue to invest in Bharti Retail across all formats. We believe that with our current footprint of 212 stores, we have a strong platform to significantly grow the business and delight customers."

As part of the proposed transactions, Bharti will acquire the $100 million worth Compulsory Convertible Debentures (CCDs) held by Wal-Mart in Cedar Support Services, a company owned and controlled by Bharti. Bharti Retail will continue to operate 'easyday' retail stores across all formats and invest in and grow the business.

The investment in Cedar by Wal-Mart is being investigated by the Enforcement Directorate following allegations of violations of norms. 

Wal-Mart on the other hand plans to continue to grow this business while working with the government and interested stakeholders to create conditions that enable foreign direct investmentin multi-brand retail. 

"Given the circumstances, our decision to operate independently will be beneficial to both parties," Wal-Mart Asia president and CEO Scott Price said. 

Wal-Mart is committed to businesses that serve members and provide good returns for our shareholders, and will continue to advocate for investment conditions that allow FDI multi-brand retail in India, he added. 

"Through Wal-Mart's investment in India, including our cash and carry business, supply chain infrastructure, direct farm programme and supplier development, we want to serve India and its people, and continue to make important social and environmental contributions to the country," Price said. 

The two partners had joined hands in 2007 and launched its first B2B Best Price Modern Wholesale cash-and-carry store in Amritsar in May 2009. 

At present, there are 20 Best Price Modern Wholesale stores located at various places, including Amritsar, Zirakpur, Jalandhar, Kota, Bhopal Ludhiana, Raipur, Indore, Vijayawada, Agra, Meerut, Lucknow and Jammu.