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Kerala CM express hope on Smart City projectAn agreement with Dubai Internet City (DIC) for setting up the controversial 'Smart City' project in Kochi could be finalised within a month, state Chief Minister V S Achuthanandan said. "Both sides are hopeful that an agreement could be possible in a month," Achuthanandan told reporters here after holding talks with the DIC representatives here. Asked whether the project would be on joint venture basis as suggested by the previous UDF government, Achuthanandan said options were open in this regard. "DIC could implement the project on their own," he added. Talks with DIC were similar to the ones the government was holding with other major IT companies, he said, adding many IT majors have shown interest in setting up their arms in Kochi, considering the strategic importance of the city. read more. Work suspened at India Jute MillKolkata: Work at India Jute Mill at Srirampur in Hooghly district has been suspended since last night, with lower production being cited as the reason behind the management's decision.A suspension of work notice was put up at Arun Bajoria's India Jute Mill, which employs about 3,500 people."We came to know that India Jute Mill has been closed by the management late last evening. But reasons behind the move are yet to be known," INTUC leader Ganesh Sarkar said.According to workers, the management has cited lower production as reason for the decision."The mill management is trying to create trouble before a mass strike call by the jute mill unions against non-payment of arrears, including dearness allowance, which had been agreed upon by the mills," Sarkar alleged. . read more. Standard Chartered legal chief in move to DubaiStandard Chartered group head of legal David Brimacombe is jetting off to Dubai to take up a new position at the bank, leaving the organisation to search for a successor in London. Brimacombe is moving to the Gulf in the next few months to help drive forward the bank's operations in the region. The bank has not yet made a decision on his replacement in London. Meanwhile,Standard Chartered has hired its first-ever employment specialist. Rebecca Priestley will join the bank's London legal team from Simmons & Simmons in August. She will be looking after employment issues across all of the bank's 56 locations. Brimacombe said: "This is very much a global role. Rebecca will be working with the legal team and the HR team on employment issues across all our offices." The move comes as banks look to beef up their in-house employment capabilities in the wake of increased litigation for unfair dismissal or sexual discrimination. read more. When every coin countsThe phones may have stopped ringing for the 'Towards Healing Lebanon's Wounds' telethon, but the money keeps coming in, as the crisis in Lebanon elicits a massive response from the UAE. Dh54 million was raised for the cause in just ten hours. Throughout the UAE, the public continues to be outraged by the rising death toll and acts of brutality, such as the Qana massacre. An estimated 900,000 people or one fifth of Lebanon's population have been displaced, translating into a wide-scale humanitarian crisis. While some wring their hands in despair over a situation that continues to deteriorate, vast numbers of UAE residents are opting instead to actually do something. With the crisis so close to home, the UAE's contribution to the humanitarian appeal has been described as "phenomenal". read more. DIFX and Bahrain Stock Exchange sign Memorandum of UnderstandingA Memorandum of Understanding (MoU) was signed today between Bahrain Stock Exchange (BSE) and Dubai International Financial Exchange (DIFX) to develop and strengthen capital markets activity in the region. The MoU was signed by Fouad Rashid, BSE's Director, and Nasser Alshaali, Chief Operating Officer of the DIFX. The MoU aims at strengthening and increasing cooperation between both parties in areas relating to exchange of expertise and information by both parties. The MoU will work on increasing awareness among both parties market participants regarding the legal framework and investment opportunities available in both bourses. It also encourages listed companies in both stock markets to cross list their securities. The MoU encourages both parties to jointly organize training programs and enhances relations and cooperation between market participants operating on both stock exchanges Mr. read more. 2 Pinoys die while fleeing from war in LebanonMANILA -- The Philippine Embassy in Lebanon on Thursday confirmed the death of two Overseas Filipino Workers (OFWs) who died after falling from the buildings they had been staying in. Although reports of Ambassador to Lebanon Al Francis Bichara did not identify the two fatalities, ABS-CBN television network came up with the names and they were identified as Michelle Tomogan, 23, and Mary Jane Pangilinan, 24, who died last July 26 and July 28, respectively. . read more.The most outstanding research dealing with Construction Jobs Dubai will advise you and assist you in enlarging your comprehension level.
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