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Facebook to Invest $1 Billion in First Asian Data Centre in Singapore

HIGHLIGHTS The data centre is slated to open in 2022 Facebook’s facility will be located in the west of the island Data centre isn’t country specific to where users are located: Facebook Facebook said on Thursday it will invest more than $1 billion (roughly Rs. 7,100 crores) to build its first data centre in Asia in Singapore, slated to open in 2022. Facebook’s facility will be located in the west of the island, near where Google is expanding its Singapore data centres in an $850 million (roughly Rs. 61,000 crores) investment as mobile…

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1 in 25 Children In England Have Been Classified As ‘Severely Obese’

In England, obesity rates have risen among children and it is concerning health officials. Children between the ages of 10-11 years old have been classified as severely overweight. Defining Childhood Obesity According to the Centers for Disease Control and Prevention, childhood obesity is measured by using the body mass index (BMI) tool. BMI is determined by dividing a person’s weight in kilograms by the square of height in meters. For children and teenagers, the BMI is age and gender specific. When deducing a child’s BMI, their weight status is determined by using age and…

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Nokia 1 Variant Reportedly Spotted on US FCC Site

HIGHLIGHTS Nokia TA-1071 has been spotted on the FCC site The smartphone is listed with 134mm of height and 50mm of width It is likely to be a Nokia 1 variant and could be unveiled at MWC 2018 While Mobile World Congress (MWC) 2018 is just around the corner, a secret Nokia handset with model number TA-1071 has been spotted on the US FCC website. The new Nokia phone appears to be a variant of the Nokia 1 that is already in the buzz world as one of the first Android Go devices. HMD Global is hosting a press conference on…

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SBI Life IPO subscribed 9% on Day 1

The initial share sale offer of SBI Life Insurance Company was subscribed 9% on the first day of the three-day bidding on Wednesday, stock exchanges data showed. The Rs 8,400 crore initial public offer (IPO) received bids for 83,67,555 shares against the total issue size of 8,82,00,000 shares, data available with the NSE showed. The category reserved for qualified institutional buyers (QIBs) was subscribed 6%, non-institutional investors 1% and retail investors 16%. The IPO received over 1.6 lakh applications on the first day, investment banking sources said. SBI Life Insurance…

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Govt to disqualify over 1 lakh directors for link with shell companies

More than 1.06 lakh directors will be disqualified for their association with shell companies, according to the government, as it steps up the fight against black money. The latest move comes close on the heels of the corporate affairs ministry cancelling the registration of 2.09 lakh companies that have not been carrying out business activities for a long period. Besides, banks have been asked to restrict operations of these companies’ bank accounts by their directors or their authorised representatives. The ministry has “identified 1,06,578 directors for disqualification under Section 164(2)(a) of the…

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Childhood Cancer: Why Only 1 in 5 Indian Children Survives Cancer

A heavyweight in the category of dangerous diseases, cancer ranks high on the list. It is one of the major causes of death among adult, as well as children, and across the globe. It is alarming how the disease is growing and affecting more and more people every year. As per the National Cancer Registry programme of the National Centre for Disease Informatics and Research (ICMR), one out of eight men today has the possibility of developing cancer in his lifetime (0-74 years). Similarly, one out of nine women has…

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