Major News and Events of 07 April 2014
What Happened on 07 April 2014
Good governance and working for Brand India: BJP's manifesto
Heavy turnout of voters in Tripura and Assam for the 1st day of nine phase Lok Sabha polls
Sun Pharma to acquire Ranbaxy in a $4 billion deal
Sri Lanka, the ICC T20 Champions
Algorithm to decide whether pictures will go viral or not on Facebook
Mizoram will elect its candidate for the only Lok Sabha seat this Wednesday. For this purpose 157 polling parties have started for their polling booths though a 72 hour bandh has been called this morning by civil societies. At Lunglei district in South Mizoram no mode of transportation can be used and the officials need to trek to reach the booths. 16 polling parties have started their journey here. 51 polling parties have gone to Saiha which is at extreme south and 90 parties embarked on the journey to Lawngtlai district in Saiha’s neighborhood. Bandh is not in these two districts as the two main NGOs, Mara Thuytlia Py (MTP) and Young Lai Association (YLA) of Saiha and Lawngtlai district have not called a bandh here. In other 6 districts bandh has been imposed which has led to no party going to the respective polling booths. This is in protest against the decision of the Election Commission to let Bru voters, 11000 in number to vote in the relief camps of Tripura through postal ballots.
It is a day of promise for the BJP. If Narendra Modi Monday offered the promise of "good governance" in the event of BJP coming to power, the party stated it will build "Brand India". The election manifesto of the BJP was released today and the statements came after this. Modi said the party aimed to create a "strong and united India" that would earn the world’s respect. No compromise will be done in this. He even went ahead and stated that the manifesto in two words meant: “good governance and development”. He also pledged he will not be doing anything for himself. BJP’s manifesto emphasizes on the economy and infrastructure. BJP also blamed the UPA government for growing unemployment, black money and corruption. Inflation has been grappling the economy for long and reforms were required on an urgent basis. BJP supported FDI in different sectors except multi-brand retail.
The nine phase Lok Sabha polls kick started today with the polls in Tripura and Assam Heavy turnout was reported in both the states. Voting in Tripura will continue till 5pm but there was provision for extending the time if there was a turnout of voters. In some of the polling booths there was malfunctioning of EVMs which were replaced or the technical snag was rectified. But this delayed the process of voting. Here in Tripura 1.2 million voters will be casting vote to choose one Lok Sabha Member among the 13 contestants among which most are contesting for the first time. In the state Left won 11 times while the Congress won 4 times in the 15 Lok Sabha elections held since 1952. There was 74% turnout of voters till 3 pm. Polling began at 7 am in the five constituencies of Assam that is - Tezpur, Lakhimpur, Kaliabor, Jorhat and Dibrugarh. Here too technical snags in the EVMs delayed the voting though brisk polling was observed throughput the day in state. 6.4 million voters will select 5 candidates among 51 contestants for the Lok Sabha. 63% voters cast their votes in the state till 330 pm.
At day end 72% voting was recorded in Assam and 84% in Tripura.
Sun Pharma, the country’s largest manufacturer of drugs will acquire Ranbaxy Laboratories for $4 billion. With this merger the world will have 5th biggest specialty generic pharma company. Sun Pharma will be getting hold of 100% of Ranbaxy in the process of all-stock transaction. The shareholders of Ranbaxy shareholders will get 0.8 share of Sun Pharma per share which they have of Ranbaxy. The company thus formed will have operations in 65 countries and would have 47 facilities for manufacturing in 5 continents. The entity’s revenue is pinned at $4.2 billion. The acquisition has the approval of the board of directors of Ranbaxy, Daiichi Sankyo which is the controlling shareholder of Ranbaxy as well as Sun Pharma’s board of directors.
It was finally Sri Lanka which lifted the ICC World T20 cup and took their sweet revenge of the World Cup defeat over India with a six wickets victory. India was sent to bat when Sri Lanka won the toss and made 130 for four in 20 overs. For India, Kohli was the star performer as he compiled 77 runs off 58 balls but his efforts were wasted at the end. Yuvraj Singh’s batting came under criticism as he could muster 11 runs off 21 balls. It was the last T20 match for Kumar Sangakkara and Mahela Jayawardene and they were the main architect of Sri Lanka’s victory with Sangakkara making 52 from 25 balls and Jayawardhane giving him good support by scoring 24 off equal number of balls. Sri Lanka reached the target with 13 balls to spare. With this the zinx is broken for the team as it was on 4 occasions Sri Lanka reached the finals but did not win the tournament.
Science and Technology
Social media posts are done with the motive that it will get the maximum shares. You have to design your strategy in a way that this happens but now there is a tool which can predict whether your pictures will get the maximum shares and be viral or not. Computer researchers from Stanford have designed an algorithm for this. On Facebook only one out of 20 images gets a single share. Out of 4000 images only one will have 500 shares. The algorithm will be revealed at the International World Wide Web Conference. For formulating this algorithm 150000 photos which were shared at least 5 times were studied. If once the pictures are shared there is 50% chance of the shares getting doubled. Then another pointer is at what rate the pictures are being shared. Furthermore the number of networks also decided in making the picture viral.