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Karnataka Deputy Chief Minister <keyword id="144341" type="General" weightage="100" keywordseo="shivakumar" source="Orion">Shivakumar</keyword> stated on Sunday that the result in Telangana is not the victory of the Congress party, but it is the victory of the people of Telangana. Speaking to reporters in Hyderabad, Shivakumar stated, the voters of Telangana wanted a change. Leaders from various states have worked in Telangana to help the Congress MLAs win elections. The people of Telangana have given victory for the creation of the state. They have expressed their gratitude to <keyword id="689" type="General" weightage="80" keywordseo="sonia-gandhi" source="Orion">Sonia Gandhi</keyword>, he stated. In his reaction, the BJP Karnataka President BY Vijayendra stated that a wave in favour of the saffron party has swept the country. Speaking to reporters in New Delhi, he said, "People want PM Modi to become Prime Minister again. The BJP will get majority in the forthcoming Lok Sabha elections. People want national security. They are turning a blind eye to the guarantee schemes, which will finish off the country and are devised to grab power." Former Chief Minister <keyword id="4560352" type="General" weightage="80" keywordseo="bs-yediyurappa" source="Orion">BS Yediyurappa</keyword> in Bengaluru said that the BJP is all set to return to power in Rajasthan and Madhya Pradesh. In Chhattisgarh, the BJP is leading. This result will relegate the Congress party to the corner.

Voters of Telangana wanted a change, says Karnataka Dy CM Shivakumar

<ul><li>77 (35%) of the 221 newly-elected <keyword id="6354780" type="LOCATION" weightage="20" keywordseo="Karnataka">Karnataka</keyword> MLAs have declared criminal cases against themselves.</li><li>42 MLAs from the <keyword id="58687" type="ORGANIZATION" weightage="20" keywordseo="Bharatiya-Janata-Party">Bharatiya Janata Party</keyword> (<keyword id="14666" type="ORGANIZATION" weightage="20" keywordseo="BJP">BJP</keyword>) have criminal backgrounds. </li><li>While 34% of the previous assembly (2013) had a criminal background the percentage was significantly lower in 2008 at 24%. </li></ul>Karnataka Election Watch and Association for Democratic Reforms (ADR) analysed affidavits submitted by the newly-elected MLAs (Member of the Legislative Assembly) in the Karnataka assembly. The results of the analysis were hardly surprising - 77 (35%) of the 221 newly-elected MLAs have declared criminal cases against themselves. Of these, 54 MLAs have declared serious criminal cases against them, which could include anything from murder to kidnapping. While 34% of the previous assembly (2013) had a criminal background the percentage was significantly lower in 2008 at 24%. The elections in the southwestern Indian state of Karnataka this week has been fraught with high drama. The results of 222/224 seats were as follows - the BJP won 104 seats, the <keyword id="190679" type="ORGANIZATION" weightage="20" keywordseo="Indian-National-Congress">Indian National Congress</keyword> bagged 78 seats and the <keyword id="123462" type="ORGANIZATION" weightage="20" keywordseo="Janata-Dal">Janata Dal</keyword> (Secular) won 37 seats. Needless to say, a battle ensued as to who would claim the throne but just today the BJP legislature party leader B S Yeddyurappa was sworn in as the chief minister. According to the ADR analysis, 42 of the 104 MLAs from the Bharatiya Janata Party (BJP) have criminal backgrounds, while 23 of the 78 MLAs from the <keyword id="1571" type="ORGANIZATION" weightage="20" keywordseo="Congress-party">Congress party</keyword> and 11 out of 37 Janata Dal (Secular) MLAs declared criminal cases against them in their affidavits. Other shocking but not-so-shocking revelations from this report include: Assets <ul><li>215 out of 221 MLAs declared assets of over Rs 1 crore. </li><li>15 MLAs from the three leading parties declared assets of more than Rs 100 crore.</li><li><keyword id="28100" type="ORGANIZATION" weightage="20" keywordseo="MLA">MLA</keyword> N. Nagaraju declared the highest assets of over Rs 1,015 crore whereas D.K Shivakumar (Rs 640 crore) came in second and Suresh B.S. (Rs 460 crore) third - all three belong to the Congress Party.</li><li>SA Ramadas from Krishnaraja constituency in Mysuru is the poorest MLA with assets to the tune of just ₹39 lakh. </li></ul>Gender <ul><li>There are only seven women among the 222 newly elected MLAs.</li></ul>Education <ul><li>61% declared that they are graduates or above, 36% declared themselves as Class V-XII pass</li><li>One MLA has declared he is ‘literate’ while “one did not give his educational qualification in his affidavit."</li></ul>Age <ul><li>135 MLAs are between 41 and 60 years old</li><li>64 are between 61 and 60 years old</li><li>15 MLAs are between 25 and 40 years old </li><li>Three are above 80 years old.</li></ul>

35% of newly elected members of parliament in this Indian southern state just declared a fairly criminal past

A couple of months ago, a B-school held an event where the evergreen topic of discussion - innovation – was talked about. The event was being attended by three top CEOs representing blue chip technology and FMCG companies. It was there that <keyword id="416080" type="COMPANY" weightage="100" keywordseo="D-Shivakumar">D Shivakumar</keyword>, CEO of <keyword id="110163" type="CITY" weightage="100" keywordseo="PepsiCo-India">Pepsico India</keyword>, shared his thoughts on this subject, mentioning his three tips to fostering mavericks and consequently innovation. Shivakumar said that because of senior management being out of touch with the market and its focus on expertise and experience, mavericks and ideas mostly get killed. "The desk is a dangerous place to see the world from. I fully subscribe to that," he said. Therefore, he believes that travelling is the solution, and the marketplace needs to be visited for at least one week per month. He added that during meetings, CEOs or the person in chair should be the last one to speak. "I heard someone say that the highest paid person gets his opinion heard. I would seriously urge the CEOs and whoever is chairing the meeting to speak last." Lastly, he said that companies need to spot the centre of competence of the idea, so that they can quickly latch onto it. This means that if a product person gives a packaging idea, lacking the competence to deliver, it should be immediately passed to the relevant team. This, he said, is vital to make sure that innovation is continuous process in a company. (Image source Wikimedia)

CEOs should speak last: PepsiCo India CEO D Shivakumar

Beverages and snacks giant <a href="http://www.businessinsider.in/searchresult.cms?query=PepsiCo+India+&amp;sortorder=effectivedate">PepsiCo India </a>has more women in leadership roles than most of the companies and it is planning to improve the count further. 
 
The company is planning to have at least 40% women among its top deck in India in the near future. Currently, the company has around 23% women at managerial positions and is already leading in <a href="http://www.businessinsider.in/searchresult.cms?query=gender+diversity&amp;sortorder=effectivedate">gender diversity</a>. The company currently has 5 women in its 14-member executive committee. 
 "I think there is enough empirical evidence globally now to show that higher representation of women on boards over a long period of time produce better results. That's what most people are seeking .Getting the numbers is just one part. The second is to create the culture, and the third is to have role models in the company. When women see women in the management team, they aspire to be there," <keyword id="110163" type="CITY" weightage="100" keywordseo="PepsiCo-India">PepsiCo India</keyword> CEO <keyword id="416080" type="COMPANY" weightage="20" keywordseo="D-Shivakumar">D Shivakumar</keyword> told ET. 
 "Anyone can provide policies, but providing a culture which fosters and encourages women at work is difficult. For big company initiatives and change agenda, the tone from the top is very important for the rest of the managerial cadre to say that this is the mandate in the company," <keyword id="144341" type="PERSON" weightage="20" keywordseo="Shivakumar">Shivakumar</keyword> added. 
 Women that are part of company’s executive committee are <keyword id="3044051" type="UNKNOWN" weightage="20" keywordseo="Suchitra-Rajendra">Suchitra Rajendra</keyword>: vice president-HR; <keyword id="1829189" type="UNKNOWN" weightage="20" keywordseo="Kimsuka-Narsimhan">Kimsuka Narsimhan</keyword>: senior vice president-finance; <keyword id="303289" type="PERSON" weightage="20" keywordseo="Deepika-Warrier">Deepika Warrier</keyword>: vice president-nutrition category; <keyword id="3678739" type="UNKNOWN" weightage="20" keywordseo="Neelima-Dwivedi">Neelima Dwivedi</keyword>: vice president-corporate affairs; and <keyword id="632306" type="UNKNOWN" weightage="20" keywordseo="Poonam-Kaul">Poonam Kaul</keyword>: vice president communications. 
 <keyword id="54572" type="CITY" weightage="20" keywordseo="PepsiCo">PepsiCo</keyword> is said to follow a principle that is to hire the best women and have a performance culture in the company. 
 
The company launched a programme in which it identifies senior managers who it sees as a leader in 10-15 years. Except the managerial level, the company is also looking forward to increasing the <keyword id="499855" type="UNKNOWN" weightage="20" keywordseo="Gender-diversity">gender diversity</keyword> for <a href="http://www.businessinsider.in/searchresult.cms?query=FMCG+sector.&amp;sortorder=effectivedate">FMCG sector.</a> 
 
"The objective is to familiarize and acquaint graduates and post graduates from tier I, II towns through skill-building workshops on skills required for the workplace, assess them and help them with job opportunities," Suchitra Rajendra told ET. 
 
Around 1,000 students have been covered by the programme so far and the count is expected to go up this year to create an impact on 10,000 women in the country.

PepsiCo India is hiring more women workforce to its top deck

<keyword id="110163" type="CITY" weightage="100" keywordseo="PepsiCo-India">PepsiCo India</keyword> Chairman and CEO <keyword id="416080" type="COMPANY" weightage="100" keywordseo="D-Shivakumar">D Shivakumar</keyword> sees an upward growth of <keyword id="1729323" type="UNKNOWN" weightage="100" keywordseo="franchising-industry">franchising industry</keyword> in India. He said the industry can reach USD 50 billion by 2017 and create 11 million additional jobs. "By 2017, the opportunities for franchise business model in India would be USD 50 billion and the big ones would be in sectors such as <keyword id="97035" type="UNKNOWN" weightage="100" keywordseo="Apparels">apparels</keyword>, consumer deliverables, electronics and mobile," Shivakumar said here at the World Franchise Congress 2015. The industry is currently estimated to be around USD 30 billion with an annual growth of 30 per cent. Shivakumar predicted that it could create 47,000 new companies by 2017 as India has a new breed of entrepreneurs," he said, adding that it is expected to contribute almost 4 per cent of India <keyword id="35050" type="CITY" weightage="100" keywordseo="gdp">GDP</keyword> in 2017. 

	Elaborating on sectors which would contribute majorly, he singled out apparels, with USD 11 billion, followed by consumer deliverables, electronics and mobile (USD 11 billion), furniture and furnishings (USD 5.3 billion), and pharmacy and jewellery with USD 4 billion and USD 3 billion, respectively.
 

	Shivakumar said for over 100 years, franchising has been a fundamental driver of PepsiCo's success, which today covers more than 120 countries. It has build strong partners across the country in the last 25 years.
 

	"PepsiCo India's north operations are franchisee operated and the company works closely with various beverage bottlers to build a strong footprint of brands which are the first choice of consumers," he said.
 

	PepsiCo is focused on strengthening both COBO (company-owned bottling operations) and FOBO (franchise-owned bottling operations), he added.
 

	When asked about present scenario for franchising, he said, "India has the correct franchise business environment as other have...we believe that the franchise model is the future business model of the industry".
 

	On being asked that from where the opportunity would come, he said, "It would across the country, as luxury goods would be in the metro cities, QSR (quick service restaurants) would be across the country, and apparels would be in tier II and III." 
	 
	(Image credit: BCCL)

Franchising industry can touch $50 billion by 2017, likely to contribute 4 pc to GDP: Pepsi India CEO D Shivakumar

The Economic Times-Spencer Stuart '<keyword id="2906646" type="UNKNOWN" weightage="20" keywordseo="40-Under-Forty">40 Under Forty</keyword>' awards, which took place last week invited a sum of 200 executives from <keyword id="46431" type="CITY" weightage="20" keywordseo="India-Inc">India Inc</keyword> and the great minds present over the event talked about, 'Is India Inc picking <keyword id="2906647" type="PERSON" weightage="20" keywordseo="Young-CEOs">young CEOs</keyword> fast enough?’ 
 
The event was meant to celebrate India Inc's best managerial talent under the age of 40 where the professionals discussed the Corporate India and its exertion made for the acceptance of young minds at a higher level on the corporate hierarchy. 
 Those who participated in the discussion included the jury members D <keyword id="144341" type="PERSON" weightage="20" keywordseo="Shivakumar">Shivakumar</keyword> (CEO, Pepsico India), <keyword id="225162" type="PERSON" weightage="20" keywordseo="Janmejaya-Sinha">Janmejaya Sinha</keyword> (chairman, Asia Pacific, BCG group), <keyword id="113102" type="PERSON" weightage="20" keywordseo="Vinita-Bali">Vinita Bali</keyword> (former MD, <keyword id="6359432" type="PERSON" weightage="20" keywordseo="Britannia">Britannia</keyword> Industries), <keyword id="1451952" type="PERSON" weightage="20" keywordseo="Anjali-Bansal">Anjali Bansal</keyword> (MD, <keyword id="6555832" type="COMPANY" weightage="20" keywordseo="Spencer-Stuart">Spencer Stuart</keyword> India) and awardees like <keyword id="396598" type="PERSON" weightage="20" keywordseo="Rohit-Bansal">Rohit Bansal</keyword> (co-founder, <keyword id="541988" type="COMPANY" weightage="20" keywordseo="SnapDeal">Snapdeal</keyword>), <keyword id="215413" type="PERSON" weightage="20" keywordseo="Amit-Agarwal">Amit Agarwal</keyword> (country head, <keyword id="6354743" type="COMPANY" weightage="20" keywordseo="Amazon-India">Amazon India</keyword>) and Kunal Shah (founder, Freecharge). For a full list of winners, pick up a copy of Corporate Dossier. 
 
And to read the complete discussion, <a href="http://economictimes.indiatimes.com/news/company/corporate-trends/40-under-forty-awards-is-india-inc-picking-young-ceos-fast-enough/articleshow/47713547.cms">click here</a>.

‘40 Under Forty’: ET celebrates success of young CEOs

If you think <keyword id="10387" type="CITY" weightage="60" keywordseo="Microsoft">Microsoft</keyword>’s prolonged search for the next <keyword id="5645" type="POSITION" weightage="100" keywordseo="CEO">CEO</keyword> is getting a bit nutty, especially with a disgruntled <keyword id="62333" type="PERSON" weightage="60" keywordseo="Steve-Ballmer">Steve Ballmer</keyword> waiting on the sidelines to hand over the mantle, you are not far from the truth. But then, that is the actual state of the coveted C-Suite nowadays – volatile is the right word if you want to sum it up. There is no job security at the top and even the best performer for years can get redundant within the span of a few weeks. The issues could be many – right from <keyword id="646347" type="UNKNOWN" weightage="100" keywordseo="poor-performance">poor performance</keyword> to <keyword id="610960" type="UNKNOWN" weightage="100" keywordseo="business-restructuring">business restructuring</keyword> to alleged <keyword id="6375736" type="UNKNOWN" weightage="100" keywordseo="corruption-charges">corruption charges</keyword>. But the biggest factor is relevance, a perfect future-fit that can take companies ahead, according to <keyword id="67736" type="UNKNOWN" weightage="100" keywordseo="Industry-experts">industry experts</keyword>. In a difficult <keyword id="34412" type="ORGANIZATION" weightage="100" keywordseo="economy">economy</keyword>, companies are compelled to twist and turn to keep track of profitability and their requirements change accordingly. Hence, their leaders have to adapt, shape up or ship out, as the case might be. 
 India is no exception and business leaders across the country have been frequently ‘released’ by industry giants. Many of them leave with ‘immediate effect’ while others are on garden leave or worse still, waiting for their predecessors to turn up (just like Ballmer). Yet, most of the C-Suite executives are tight-lipped about their departures, at least here in India. We are yet to come across an announcement like the one made by <keyword id="384914" type="PERSON" weightage="60" keywordseo="Groupon">Groupon</keyword>’s founder and former CEO <keyword id="488139" type="PERSON" weightage="60" keywordseo="Andrew-Mason">Andrew Mason</keyword>. But exit happens all the same – be it discreet or blatant. Here’s a quick look at some of the top-notch C-Suite executives from India who parted ways with their respective companies in 2013, their official exit lines and what happened behind the scene.

Strife At The Top: These
11 C-Suite Execs From India
Were ‘Let Go’ In 2013

NEW DELHI: <keyword id="54572" type="CITY" weightage="80" keywordseo="PepsiCo">PepsiCo</keyword>'s new India head D <keyword id="144341" type="PERSON" weightage="80" keywordseo="Shivakumar">Shivakumar</keyword> told employees that the company "cannot afford to lose a day" and called for "relentless execution", drumming up enthusiasm among staff in the battle for market share with <keyword id="6391475" type="CITY" weightage="40" keywordseo="Coca-Cola">Coca-Cola</keyword> and other rivals as he takes over the local unit of the beverage and snacks maker that has been without a <keyword id="6369681" type="POSITION" weightage="40" keywordseo="chief">chief</keyword> executive for about half the year. 
 
"We are a daily market share business much like newspapers, milk, cigarettes and airline seats. These industries cannot afford to lose a day. Hence, the key is relentless execution," Shivakumar said in a letter to employees that ET has seen. 2014 is a "must-win" year for the company, he added. "We need to give it all we have." 
 
The note tries to send out a positive signal, said two mid-level employees who didn't want to be named. 
 
Rocky Year for <keyword id="985688" type="ORGANIZATION" weightage="40" keywordseo="india-unit">India Unit</keyword> 
 
"Shiv's first letter indicates he is one of us... and that everyone in the company can directly reach out to him," one of them said. Asking employees to "teach" him the business, Shivakumar said he wants to "learn and contribute". 
 The year has been a rocky one for the Indian unit. Manu Anand exited the company abruptly in June to join Cadbury Kraft, leaving the post of <keyword id="17958" type="POSITION" weightage="40" keywordseo="Chairman-and-CEO">chairman and CEO</keyword> vacant until former <keyword id="107835" type="CITY" weightage="40" keywordseo="Nokia-India">Nokia India</keyword> chief Shivakumar took over earlier this month. 
 Further, the firm's biggest investment in sport - the Indian Premier League Twenty20 tournament - got mired in controversy over spot fixing, leading to a good deal of discomfiture. <keyword id="44672" type="CITY" weightage="80" keywordseo="Pepsi">Pepsi</keyword> has paid 400 crore over five years for sponsoring the <keyword id="6354312" type="CITY" weightage="40" keywordseo="IPL">IPL</keyword>. 
 PepsiCo's global chairman and <keyword id="5645" type="POSITION" weightage="40" keywordseo="CEO">CEO</keyword> <keyword id="6421975" type="PERSON" weightage="40" keywordseo="Indra-Nooyi">Indra Nooyi</keyword> told ET in an interview last month that she would want the firm to be associated with a sport with "no controversy". In addition to this, the economic slowdown has cut into sales as consumers keep a tighter check on discretionary spending than before, although this would have had an equal impact on rivals as well. Besides this, growth of soft drinks has slowed to single digits as early rain cut summer short. <div style="page-break-after: always;">
	&#xa0;</div>
Shivakumar’s immediate mandate is to accelerate consumption of colas and snacks in an economic environment that’s still in the doldrums. 
 However, finance minister <keyword id="43940" type="PERSON" weightage="40" keywordseo="P-Chidambaram">P Chidambaram</keyword> and central bank governor Raghuram Rajan both expect growth to strengthen in the second half of the year, partly because good monsoon rains are expected to boost farm income. 
 Meanwhile, the snacks business is getting increasingly fragmented with established rivals such as <keyword id="6357073" type="ORGANIZATION" weightage="40" keywordseo="ITC">ITC</keyword> and <keyword id="29464" type="PERSON" weightage="40" keywordseo="Parle">Parle</keyword> chipping away at PepsiCo’s share, and several smaller companies such as <keyword id="15107" type="COMPANY" weightage="40" keywordseo="Balaji">Balaji</keyword> and <keyword id="1872606" type="PERSON" weightage="40" keywordseo="Bikaji">Bikaji</keyword> emerging as strong contenders. 
 
Shivakumar, an alumnus of the Indian Institute of Management, Calcutta, shouldn’t run short of money when it comes to pursuing the company’s ambitions aggressively. 
 
Nooyi said last month that Pepsi will invest Rs 33,000 crore ($5.5 billion) in the country by 2020 on manufacturing, infrastructure and product innovation, reflecting the importance of India as a market for the company, which is running up against resistance to sugared sodas in developed countries. 
 Shivakumar, who has worked in <keyword id="6365619" type="CITY" weightage="40" keywordseo="Hindustan-UniLever">Hindustan Unilever</keyword> and <keyword id="49855" type="COMPANY" weightage="40" keywordseo="philips">Philips</keyword>, urged the Pepsi team to “execute plans with conviction” and said that the strategies of divisional leaders Gautham Mukkavilli, Praveen Someshwar and Pratik Pota are robust. 
 Mukkavilli is CEO of the beverage business, Someshwar heads the food business and Pota is in charge of NourishCo, a joint venture with the <keyword id="6360721" type="COMPANY" weightage="40" keywordseo="Tatas">Tatas</keyword>. 
 
Shivakumar told ET soon after his appointment that he was “fundamentally an institution builder, team player and very much a brands person”, Previously managing director at Nokia India and then senior vice president for India, Middle East and Africa, he is the first outsider to take over as CEO at Pepsi since 2006, when Rajeev Bakshi quit.

PepsiCo's new India head D Shivakumar sends out morale-boosting letter to employees

Hyderabad (Telangana) [India], December 3 (ANI): The Congress 'hand' has stopped Bharat Rashtra Samiti (BRS) 'car' in Telangana as the grand old party has comfortably reached the majority mark as per the latest trends of the Election Commission of India. The Congress is leading on 61 seats while the BRS on 36 and the BJP leading on 10, as per ECI. Telangana Congress President, Anumula <keyword id="933541" type="General" weightage="20" keywordseo="revanth-reddy" source="Orion">Revanth Reddy</keyword> is leading from the Kamareddy seat leaving CM KCR trailing behind. Revanth Reddy is MP in the Lok Sabha from INC representing Malkajgiri Constituency. Earlier, He was a two-time MLA in the Andhra Pradesh Assembly from TDP in 2009 and 2014 and in the Telangana Assembly between 2014 and 2018 representing Kodangal Constituency. He left TDP and joined Congress in 2017. In June 2021, he was appointed as president of the Telangana Pradesh Congress Committee replacing N. Uttam Kumar Reddy. Both Congress candidate Konda Surekha and Naini Rajender Reddy are leading from Warangal East and West seats. Telangana CM KCR is leading from the Gajwel seat. Since the formation of the State in the year 2014, BRS has been holding power with KCR as its chief minister. Kalvakuntla Taraka Rama Rao (KTR) is leading from Sircilla, which is considered one of the most important seats. KTR fought from the same seat in the 2018 elections and won. Payal Shanker from BJP is leading on the Adilabad seat while Dhanpal Suryanarayana leading from Nizamabad (Urban). Jaffar Hussain from AIMIM is leading on the Yakutpura seat. Celebrations were seen outside the Congress office in Hyderabad over the party crossing the halfway mark comfortably. The party cadre chanted "Bye bye KCR". The Telangana election results will be important for the Congress as it heads into the 2024 Lok Sabha elections. A win in Karnataka and Telangana would further concrete its presence in the South. The Congress party, which is now in reckoning, was completely written off just six months ago. Several factors could have contributed to the Congress's upturn: Perceived anti-incumbency at the constituency level against BRS MLAs; energy infused by the Karnataka victory in the party leaders and cadres; the BJP's decline following the removal of Bandi Sanjay as the Telangana unit chief; and the perception that the BRS and AIMIM are in cahoots with the BJP. Congress leader <keyword id="41270" type="General" weightage="50" keywordseo="renuka-chowdhury" source="Orion">Renuka Chowdhury</keyword> said that Bharat Rashtra Samiti (BRS) leaders are in touch with the grand old party. On being asked if BRS leaders are in touch with the Congress party, Renuka Chowdhury told "Of course! Today's politics is like that. They are in touch with us. Sometimes they take away ours (MLAs), and sometimes theirs come here." Karnataka Deputy Chief Minister DK Shivakumar who is in Telangana as an AICC observer on Sunday spoke about the possibility of MLA poaching and said that not even a single MLA or candidate will break. TPCC Vice President Kiran Kumar Chamala also spoke on the MLA poaching issue in Telangana and said that the party's MLAs will not be provoked. "It's not the trend what we see this morning, these are the waves and positive vibrations in Telangana. The 6 guarantees that <keyword id="689" type="General" weightage="50" keywordseo="sonia-gandhi" source="Orion">Sonia Gandhi</keyword> has promised to the people of Telangana have turned the tide towards us. Poaching is one of the main agenda of KCR. We have taken some measurements. But after seeing the trends, we don't think it is needed. At least we'll have 80-plus seats. Our President Revanth Reddy is also leading. Everything is under control and our MLAs will not be provoked," the TPCC Vice President said. The fate of 2,290 candidates from 109 parties including the national and regional parties will be revealed as the counting proceeds. The contestants include 221 women and one transgender. A total of 103 legislators are re-contesting this time, most of them from the ruling BRS. A clear picture of the result is likely to emerge by noon. Telangana went to vote on November 30. In 2018, BRS (then Telangana Rashtra Samithi) won 88 of the 119 seats and had a 47.4 per cent vote share. The Congress came a distant second with 19 seats. (ANI)

Congress 'hand' stops BRS 'car' in Telangana, Revanth Reddy leads in Kamareddy seat as KCR trails

<ul class="summary-list"><li><keyword id="11892740" type="UNKNOWN" weightage="60" keywordseo="google" source="Orion">Google</keyword> is creating a new unit dedicated to <keyword id="11902216" type="UNKNOWN" weightage="60" keywordseo="blockchain" source="Orion">blockchain</keyword> <keyword id="11893017" type="UNKNOWN" weightage="60" keywordseo="technology" source="Orion">technology</keyword>, Bloomberg reported.</li><li>The team will be led by Shivakumar Venkataraman, a company veteran of almost two decades.</li></ul>Google is reportedly setting up its own dedicated blockchain unit, in the first overt sign of the tech giant's interest in cryptocurrencies and their underlying technologies.The tech giant's new unit will focus on "blockchain and other next-gen distributed computing and data storage technologies", according to a leaked email <a href="https://www.bloomberg.com/news/articles/2022-01-19/google-forms-blockchain-group-under-newly-appointed-executive">obtained by Bloomberg</a>.Google has reportedly appointed Shivakumar Venkataraman to lead the new group, a veteran of the company who spent nearly two decades working on its core search ads business.After <a href="https://www.businessinsider.com/google-discontinues-daydream-virtual-reality-view-headset-2019-10?r=US&amp;IR=T">a string of disappointments</a> in virtual reality and <a href="https://www.businessinsider.com/google-plus-early-shut-down-second-data-breach-2018-12?r=US&amp;IR=T">social networking</a>, Google appears to have been reticent to dive into cryptocurrency technologies, perhaps at least in part due to <a href="https://www.businessinsider.com/google-ceo-sundar-pichai-risk-averse-leadership-2021-6?r=US&amp;IR=T">CEO Sundar Pichai's conservative leadership style</a>. Until last August, the company <a href="https://www.businessinsider.in/cryptocurrency/news/google-is-allowing-crypto-ads-again/articleshow/85033865.cms">banned cryptocurrency companies</a> from its advertising network and has resisted allowing people to use <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> to pay for its products and services.Bloomberg's report indicates that the new blockchain unit will sit in Google's relatively new Labs division, which is also home to the firm's research into virtual and augmented reality. Venkataraman will become a "founding leader" of Labs. Labs was formed amid a company re-org in November 2021, when it was placed under the leadership of veteran Googler and VP Clay Bavor, who was previously in charge of the company's experiments in VR and AR, including holographic videoconferencing platform Project Starline.Google's move into blockchain offers a glimpse of the kinds of <a href="https://techcrunch.com/2021/11/11/google-reorg-moves-ar-vr-starline-and-area-120-into-new-labs-team-reporting-directly-to-sundar-pichai/">"high-potential, long-term" projects</a> that Bavor – a key player who helped make Gmail, Google Docs, and Google Drive a reality – is said to be focusing on.While executives at other leading tech companies, such as Twitter and Meta (previously Facebook), have moved aggressively into "Web3" — an umbrella term for non-fungible tokens, blockchains, and cryptocurrencies — Google has largely stayed out of the arena. One possible reason is regulatory blowback.Pichai previously <a href="https://www.bloomberg.com/news/articles/2021-11-17/google-ceo-sees-company-s-next-trillion-in-value-from-search-ai">told Bloomberg</a> he personally did not own any cryptocurrency, adding: "I wish I did ... I've dabbled in it, you know, in and out." Insider approached Google for comment. Are you a current or former Googler? Got a tip? Contact reporter Martin Coulter via email at <a href="mailto:mcoulter@businessinsider.com" target="_blank" rel="noopener noreferrer">mcoulter@insider.com</a>, or via encrypted messaging app Signal at +447801985586.

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