|
INDIA
SURGES AHEAD NEWS
|
|
November
2003
|
|
|
| |
|
|
| |
Dhruva
to Develop Games for Microsoft, Nokia
|
| |
|
The
gaming industry, worth $15 billion to $20 billion globally,
is seen as one of the major markets for Indian firms looking
to diversify their businesses. To try and exploit this opportunity,
Bangalore-based Dhruva Interactive, a gaming solutions'
vendor has entered into an exclusive global tie-up with
Microsoft Games Studios to work on its latest releases.
Dhruva has also forayed into the mobile gaming space with
a tie-up with the world's largest handset maker Nokia. Dhruva
is expected to work on a game that is due for release some
time in August 2004. The company was selected ahead of ten
other companies from around the world for this contract.
Dhruva works with several other large studios including
Atari (formerly Infogames) and Code masters. In the last
three years, Dhruva has contributed to the development of
several best-selling games. They include Mission: Impossible,
Mission: Impossible 2, Terminator 3: Rise of the Machines,
Geoff Grammond's Grand Prix 4, and TOCA Pro Race Driver.
Dhruva has, meanwhile, embarked on the development of a
multi-player pool game for the domestic market. Mr Rao said
this game would be available on a utility-like pay-per-use
model, rather than off-the-shelf on a CD.
Courtesy:
The Economic Times, November 28, 2003
Back
to Index
|
| |
Navy
Inducts its Smallest, Fastest Attack Craft Yet
|
| |
|
The
Indian Navy will induct its smallest but fastest combatant
-- an indigenously built 60 ton extra fast attack craft
- into its fleet on Thursday. The XFAC-T-83, built in collaboration
with Israel's IAI Ramta, is designed for day night coastal
surveillance and reconnaissance, beaching, troop pickups
and landings and search and rescue operations. Articulated
service drive propulsion and surface piercing propellers
give the craft high maneouverability in shallow waters.
It comes fitted with MK-20 naval stabilised gun systems
with a 20 mm canon on the forward. The Goa Shipyard says
it is purpose designed to carry state-of-the-art electro-optic
detection system and armaments that would enable the XFAC
to accurately destroy small high-speed crafts and engage
in light shore combat.
Courtesy:
The Asian Age, November 28, 2003
Back
to Index
|
| |
Kanpur
Scientists set to Develop Nano-Technology
|
| |
|
The
Defence Materials Stores, Research and Development Establishment
(DMSRDE), Kanpur, is on the verge of becoming the first
organisation in the world to develop a device using the
carbon nano-technology. The nature of the device is being
kept secret for security reasons. But the scientists giving
final touches to the device with a team of Pennsylvania
State University, US, are likely to file a patent soon.
Director Dr G.N. Mathur said, "It's a matter of two or three
months and we will be the first to have developed a device
using the carbon nano-technology worldwide." The DMSRDE
recently claimed to have developed a coiled carbon nano-tube.
Courtesy:
Hindustan Times, November 27, 2003
Back
to Index
|
| |
Now,
Sugar Co-ops get a Hi-Tech Hand
|
| |
|
Technology
is in the process of being harnessed for agriculture. Beginning
next year, sugar co-operatives in the state are expected
to know details about the availability of sugarcane, their
raw material, well before the crushing season begins. The
Maharashtra Remote Sensing Applications Centre, Nagpur,
which takes satellite pictures for various departments,
will take district-wise images of sugarcane from next year.
Currently, it is in the process of standardising norms for
this. This will help the factory plan production since it
will know how much cane will be locally available and how
much it will have to source from outside. Meanwhile, the
MRSAC is working on standardising the co-efficients and
co-relating the basis on which data will be gathered. Once
standardised, the project will move out of the pilot project
stage to a full-fledged roll out. The MRSAC is also mapping
cotton and rabi sorghum which it does district wise in the
regions the crops grow on a pilot basis.
Courtesy:
The Economic Times, November 27, 2003
Back
to Index
|
| |
Rice
Variety Growing in Saline Conditions Developed
|
| |
|
In
a breakthrough, scientists at the M.S. Swaminathan Research
Foundation have created a new rice variety, which could
be grown in saline conditions. The development assumes significance
in the context of assessments by international agencies
such as the United Nations Inter-Governmental Panel on Climate
Change that because of global warming, sea water level could
rise and inundate low lying areas along coastal areas. Speaking
to reporters here today, the Chairman of the Foundation,
M.S. Swaminathan, said the new variety had been found to
be highly effective in preliminary studies at the greenhouse
level. It was now ready for field trial. The Review Committee
on Genetic Manipulation under the Department of Biotechnology
recently gave its approval for a limited field trial and
it would begin soon. The new rice variety had been created
by incorporating genes isolated from some plant species
obtained from a mangrove in Tamil Nadu into an existing
rice strain. The Foundation was also working on creating
saline tolerant varieties of pulses and mustard. Some progress
had been made on these crops, but unlike in the case of
rice, tests with regards to these crops were still at the
greenhouse level, he said. The Foundation had launched a
programme to develop crops tolerant to saline conditions
so that India would be ready with alternatives when the
predictions of climate change experts came true. This was
essential particularly since India had a long coast and
much of agricultural activity took place in the coastal
areas.
Courtesy:
The Hindu, November 27, 2003
Back
to Index
|
| |
US
to Outsource India's R&D in Hydrogen
|
| |
|
The
United States will engage India as an outsourcing base for
research in hydrogen through a newly-created multilateral
platform. The forum, International Partnership on Hydrogen
Economy, was launched last week in Washington, with the
US leading a group of 14 nations to a joint protocol, intended
to make hydrogen a commercially-viable future fuel. India's
cost-effective research initiatives, as compared to the
US or European Union and their intellectual capital standards,
is being made central to New Delhi's role in the partnership.
The escalating cost of research and the gestation period,
spanning over years for its commercial viability to transpire,
the developed nations think outsourcing could reap better
benefits for them. "Why should India shy away from the fact
that its science and technology infrastructure is good?"
Mr Pant said.
Courtesy:
The Pioneer, November 26, 2003
Back
to Index
|
| |
REC
Grad Heads US IT Project
|
| |
|
New
Delhi: Nageswara SV Rao, a graduate from the Regional
Engineering College, Warangal, is heading a US government-funded
project to design a high-speed computer network capable
of carrying massive amounts of science data.He is with the
Oak Ridge National Laboratory (ORNL), which has been awarded
$4.5 million to design the high-speed network. The prototype
system, funded by the Department of Energy's Office of Science,
will be called Science Ultra Net. The network is expected
to operate at 10 gigabits to 40 gigabits, which is about
200,000 to 800,000 times faster than the fastest dial-up
connection of 56,000 bits per second. "
Courtesy:
www.economictimes.com, November 26, 2003
Back
to Index
|
| |
India
to Participate in EU's Galileo Project
|
| |
|
New
Delhi, November 25: India will be an active partner
in the European Union Galileo Project. The Italian ambassador
Benedetto Amari told reporters that three agreements, including
one on a 300 million euro commitment by New Delhi for its
participation in EU's Galileo civilian satellite project,
would be signed during the two day Indo EU summit. Galileo
is the first satellite positioning and navigation system
specifically designed for civil purposes. It was jointly
developed by European Union and European Space Agency, and
will become operational in 2008.
Courtesy:
The Asian Age, November 26, 2003
Back
to Index
|
| |
Adobe's
Album Framed in India
|
| |
|
Bangalore:
What do you do when you receive digital pictures from friends
or family? Either you delete them after viewing or save
them in a folder. Time passes by, more and more images add
up, and then to find a particular one from the clutter becomes
one heck of a laborious task.
With
Adobe's new photoshop Album Starter version, which can be
downloaded free from the site, managing and sending these
soft pictures is a breeze. If that's something you knew
already, then what you may not know is that this whole new
downloadable product has been entirely developed by an eight-member
team from Abobe India. (Would you say that Indians are the
world's best software pros?)
Says
Naresh Gupta, MD, Adobe India, "We worked on this for about
a year and the key challenge was to reduce the size of the
Photo Album version 2.0 from 140 Mb to 5 Mb. Reducing size
is always a challenge and we are very proud this was done
completely here. In the first 15 days, we have had about
15,000 downloads.
Adobe
India's 250-member team had earlier developed entire products
like Acrobat Reader for handhelds, Pagemaker, FrameMaker
and Acrobat Reader for the Unix platform. Over twenty patent
applications have been filed in the past three years from
this development center.
Courtesy:
The Economic Times, November 24, 2003
Back
to Index
|
| |
DRDE
Develops New Antigen Kit for Leptospirosis
|
| |
|
The
Defence Research and Development Establishment (DRDE), Gwalior,
which has developed a new Leptospirosis antigen detection
kit billed as first of its kind in the world, has signed
an MoU with the Kerala-based Cochin Diagnostics for technology
transfer.
The
technology, cheaper and faster than other detection methods,
had been developed a year ago, and has undergone clinical
trials in the past few months, Dr H.V. Batra, scientist
and head of the DRDE's microbiology department said.
It
will be commercially available in a few months time, he
added.
Some
evaluations were undertaken in Kerala at the Kozhikode Medical
College and the Cochin Diagnostics, a sister concern of
Endocrinology and Immunology Lab, he said.
The
test kit is very specific to leptospiral antigen. The patient's
blood or urine has to be applied on the stick and within
few minutes the results can be had. The test is for specific
pathogenic strains which are known to produce disease in
human beings.
Courtesy:
Hindustan Times, November 24, 2003
Back
to Index
|
| |
Indian
American CEO Gives Dirt its Due
|
| |
|
An
Indian American soil specialist has given dirt its due --
turning his knowledge of geology into a multimillion-dollar
business!
Allahabad-born
Dhirendra Swarup "Sax" Saxena is president and CEO of ASC
Geosciences, headquartered in Lakeland, Florida.
Saxena
is a geotechnical engineer, a soil specialist who helps
developers determine the makeup of the ground they intend
to build on and how to engineer a solid foundation.
Saxena,
63, has invested a lifetime in the science of soils. ASC
Geosciences employs 80 people and has branch offices in
six states.
A
graduate of the Indian Institute of Technology (IIT) Kanpur,
he migrated to the United States via Canada. He went on
to study at Technical University of Nova Scotia, Canada,
when he got a scholarship.
Saxena,
who uses the nickname Sax, has left much of the operation
to his two sons, Anu and Jay, leaving him time to concentrate
on especially challenging projects that require his expertise
in soil mechanics. The firm also specialises in the broader
field of environmental engineering, which incorporates other
elements such as water and air.
Saxena's
reputation has grown so far and wide that architects working
for the University of South Florida employed him in the
university's search for a new Lakeland campus.
His
firm is currently working on a project at Lakeland Regional
Medical Centre, which is adding a 300-bed wing.
The
weight of the nine-storey tower rests on Saxena's reputation,
which merits praise from some of his peers.
Other
Saxena projects in recent years include the Turkey Point
Nuclear Power Plant near Homestead, the World Marriott Resort
at Lake Buena Vista and more than a dozen airport improvement
jobs throughout the state, including Lakeland, Bartow and
Winter Haven.
Courtesy:
www.hindustantimes.com, November 23, 2003
Back
to Index
|
| |
21
Indians get Technovators Award
|
| |
|
New
York, November 21: The recipients of the inaugural Global
Indus Technovators Awards announced by the Massachusetts
Institute of Technology (MIT), include some of the smartest
men and women of Indian origin in the world.
The
21 recipients of this year's awards represent 20 institutions
and businesses in the US and India. They are a group of
innovators - graduate students and young professors share
honours with grass-roots development workers and successful
entrepreneurs.
The
winners for innovations in Biotechnology, Healthcare, and
Medicine are Ram Sasisekharan, Chaitan Khosla, Ramesh Hariharan,
Amar Sawhney, Tejal Desai, Samir Mitragotri and Pawan Sinha.
Desai was among the 10 innovative scientists named by Popular
Science magazine.
Sinha,
a B. Tech. from IIT, New Delhi and PhD from MIT, has contributed
towards understanding how the brain interprets and encodes
visual information to perform complex tasks. Sinha's ''Project
Prakash'' has been developed with a focus on the large population
of blind children in India. The Information Technology awards
went to: Vanu Bose, son of the creator of Bose Speakers,
Rajiv Ramaswami, Dev Mukherjee, who maintained the website
of this year's US Open, Ramesh Raskar and Zeeshan Syed.
The
award winners in the area of Nanotechnology, Materials and
Devices are Surya Mallapragda, Vivek Subramanian, Rashid
Bashir, Rahul Sarpeshkar, Sundar Manoharan and Islamshah
Amlani.
For
work in energy related innovation and grassroots development,
the winners are Anil Kumar, Madhusoodanan CG and Viswanadham
Nagabhatla. Manindra Agrawal, Nitin Saxena and Neeraj Kayal
of IIT Kanpur, got an honourable mention for their work
in cracking a mathematical problem with relevance to computers
and internet security. The recipients will be honoured at
MIT next week.
Courtesy:
The Indian Express, November 22, 2003
Back
to Index
|
| |
India,
US Agree to Resolving Contentious Issues
|
| |
|
High
technology cooperation in an era of changed equations. Both
India and the United States now agree that the stage is
set for resolving contentious issues like trade in "dual
use" goods and technologies and strategic trade, both realising
the need to view the present relationship sans barriers
of the past.
The
second Indo-US High Technology Cooperation Group (HTCG)
met in the Capital on Thursday to discuss ways of promoting
expansion of trade in strategic goods and technologies.
Foreign Secretary Kanwal Sibal headed the Indian side while
US Under Secretary of State for Commerce Kenneth Juster
led the American delegation.
"We
are now well into the process of resolving these issues,
consistent with our respective laws, national security and
international obligations, but entirely in the spirit of
the new relationship between our two countries," the Foreign
Secretary said.
Courtesy:
The Pioneer, November 21, 2003
Back
to Index
|
| |
Automatic
Testing takes away Drudgery
|
| |
|
As
software gets more complex, it needs to be tested even more
vigorously. More so because a bug could mean the loss of
huge amounts of money in lost time to market. Is fully automatic
testing possible? Unfortunately, that's still a dream, says
Dr Alexander Petrenko, an expert on model-based testing,
who was in India recently. Still, systematic testing is
possible and at the moment it's as close to the dream as
it can get. This requires that computers should already
be equipped with some data, they should be able to execute
it and give the report.
According
to Petrenko, the two problems so far have been: the complexity
of information, and the lack of standards of correctness.
"Even verification can have errors. To automatically correct
errors, the tools need more information, which is possible
only by manual testing today. Human beings can spot errors
based on experience, advice, knowledge etc."
What
comes closest to automatic testing is model based testing
(MBT), where this knowledge and criteria is used to provide
formal information to the computer. As input, it should
have understandable digital documentation and well-defined
behaviour. "While designers invent algorithms, testers define
the criteria. For each project, specifications have to be
laid down - and these are reusable," says Petrenka.
Arithnet
Technical Services (ATS India) a subsidiary ATS Denmark,
has entered into a technical collaboration with the Institute
For Systems Programming of the Russian Academy of Sciences,
Moscow, for development of several software testing related
products. According to Bala Swamy, general manager, business
development, ATS India, "We have been conducting seminars
and training programmes to create awareness about this methodology.
The response from Indian companies has been very good."
MBT
is poised become the preferred approach of testing because
it's quicker and more accurate with results. As of now,
it is used in telecommunication hardware and software areas.
A consortium called The Formal Techniques Industry Association
(ForTIA) has been formed to promote and create industry
awareness of the value of MBT. For mission critical applications,
MBT has become imperative. NASA and the Europe Space Agency
have already implemented model based testing.
MBT
will take the drudgery out of the job for testers employed
at testing labs, and promises not to take away jobs. For
instance, if software specifications and the ultimate design
don't match, the MBT product will point it out even before
the code is written. That may sound like magic, but Petrenka
says "there's no magic. No amount of automation can take
away the need for human presence," says Petrenka.
Courtesy:
The Economic Times, November 20, 2003
Back
to Index
|
| |
IT
Storage Majors Target India
|
| |
|
New
Delhi, November 18: Two of the world's largest IT companies
specialising in storage solutions today separately announced
their strategies for the growing Indian market.
Hitachi
Data Systems said it had allocated $500 million worldwide
for increasing its presence. A substantial part will go
to India, China and Brazil described as "super focus countries.''
EMC, another world leader in information storage, said it
had earmarked $100 million for India specific operations
over the next five years. Both companies also declared their
plans to gain market leadership in the country.
Speaking
to newspersons, the Hitachi India Country Manager, P. P.
Subramanian, expected the Government to be the biggest buyer
of storage systems some of which cost Rs. 4 crores. "Some
tenders are so huge that it is amazing,'' he observed, adding
that banking, finance, securities and insurance, IT and
telecom would be the other key areas. Hitachi has appointed
Ingram Micro as the main distributor and has identified
60 resellers for tier II and tier III cities and towns all
over the country.
The
turnover is expected to increase by 40 per cent to $20 million
next year.
Besides
gaining market leadership, EMC will be investing in its
Bangalore-based software development centre set up in January
this year. "We are looking at an aggressive recruitment
drive, improve facilities and bring demonstration equipment,
said senior official, Gary Jackson. EMC has extended its
global partnership with Dell and Datacraft to India and
has also tied up with Indian integrators such as Wipro,
HCL and Tata Elxsi. Both companies will be addressing other
specialised areas besides the traditional storage market.
Courtesy:
The Hindu, November 19, 2003
Back
to Index
|
| |
Deming
Award for Rane Brake
|
| |
|
Chennai,
November 18: Rane Brake Linings has been awarded the
prestigious Deming Prize by the Japanese Union of Scientists
and Engineers for its excellent Total Quality Management
(TQM) practices. Rane Brake Linings is among the few like
TVS Motor Company and Sundaram Clayton, which have won this
award.
Addressing
a press conference here today, L. Lakshman, Chairman, Rane
Group of companies, said the award called for extreme rigour
and discipline on the part of the TQM practitioner. Rane,
he said, felt the need to launch an initiative with clear
milestones, so that the whole organisation could work towards
world-class standards.
With
the receipt of the Deming award, Mr. Lakshman expected "the
overseas customers to take Rane Brake Linings much more
seriously". Even before landing the Deming award, the Rane
group company had set itself an export target of 15 per
cent of its turnover, to be hit by 2007. "We are working
towards it diligently," the Chairman said. He hoped the
turnover of the company would have increased to Rs.180 crores
by then.
Courtesy:
The Hindu, November 19, 2003
Back
to Index
|
| |
BPO
to India a Big Fad on US Campuses
|
| |
|
Mumbai:
Outsourcing isn't just making waves in India, it seems the
flavour in US universities too. For Patrick T Harker, dean
of Wharton School, outsourcing appears to be the biggest
fad. But he adds in the same breath that India is so "hot"
because of this fad on US campuses, that almost every faculty
member wants to come to India. "We carried out a research
on outsourcing and India, and the demand among business,
students and academia was so great that we are doing a programme
on it," he says.
"I
try to dissuade the faculty from following fads as it does
not lead to long-term credibility. I remember when I was
starting out, Japanese manufacturing was a rage and everyone
was making a pilgrimage to Japan to learn about it. The
same seems to be happening in outsourcing these days," he
says.
He
said that India is hot and everyone wants to understand
the country, its companies and economy. In conversation
with ET, Harker also spoke about ethics in management and
the challenges of globalising a B-school. (Can there be
a reverse brain drain from the US to India?)
Courtesy:
The Economic Times, November 19, 2003
Back
to Index
|
| |
Srinidhi's
Supercomp Third Fastest
|
| |
|
Washington:
A supercomputer rigged up from off-the-shelf components
by an Indian researcher at VirginiaTech has been ranked
third in the TOP500 list of the world's fastest machines
released this weekend.
Srinidhi
Varadarajan 's' 1100-Apple Mac contraption cranked out more
than 10 Teraflops (or trillion calculations per second)
to place third behind the top-ranked Japanese Earth Simulator
(35.86 TFlops) and the second-placed U.S. Department of
Energy's Los Alamos National Laboratory ASCI Q (13.88 TFlops),
the gurus in the business announced at the annual supercomputing
mela in Phoenix, Arizona.
The
VirginiaTech achievement, reported in these columns last
month, has been attracting wide attention at the jamboree.
What was remarkable, the conference noted, was that Srinidhi
and his team was able to build the system in less than four
months for only $5.2 million -- less than one tenth the
average cost of comparable systems. Such a breakthrough
could change the economics of supercomputing.
Courtesy:
The Times of India, November 18, 2003
Back
to Index
|
| |
IT
Exports Up 35% in H1 at $6.5b: ESC
|
| |
|
India's
electronic hardware and computer software services registered
a growth of 35 per cent in dollar terms at $6.5 billion
during the first half (Aril - September) period of the current
fiscal. However, in rupee terms, the increase is 31.06 per
cent during the six-month period at Rs 30,623 crore, D.K.
Sareen, executive director, Electronics and Computer Software
Export Promotion Council (ESC) said after realising the
half-yearly estimates of software and electronics hardware.
The
growth in export of computer software and services was 38
per cent in dollar terms during H1, while that of electronics
hardware was 13.29 per cent, he said. "Going by the trend,
we are confident that export target set for 2003-04 at $13.77
billion is in the achievable realm", he said.
Courtesy:
The Indian Express, November 18, 2003
Back
to Index
|
| |
Electrolux
Identifies India as Components Sourcing Base
|
| |
|
Swedish
white goods AB Electrolux has identified India as a sourcing
base for components used in its outdoor division which makes
garden and forestry equipment like lawn mowers and lawn
tractors. The company currently sources $9 billion worth
of parts, of which 30 per cent will be sourced from the
Asia Pacific, including India, a statement said. A 20-member
team from the company's operations in Sweden, North America
and Asia-Pacific will be in India for the national vendor
selection and sourcing meet being organised here later this
month. This July the company had set up a national purchasing
office in Gurgaon to source raw materials, components and
finished goods for its global manufacturing operations.
Courtesy:
The Indian Express, November 18, 2003
Back
to Index
|
| |
India,
EU in Space Partnership
|
| |
|
India
and the European Union will lay the foundation of a new
strategic partnership with an agreement to join hands for
a new global navigation satellite system, Galileo. The partnership
will bring India, the EU and China under one umbrella at
the India-EU summit on November 29.
A
joint declaration that will chart the future of Indo-EU
relations will be the highlight of the summit. Galileo will
be the first global positioning service under civilian control,
aiming to break the monopoly of the American Global Positioning
System.
"We
have a convergence of views with India and China and this
system will lead to multi-polarism in the world," remarked
a senior European Diplomat.
While
India is expected to contribute $350 million, China has
already pledged $230 million for the project, expected to
cost about $3.2 billion. "We see Galileo as an important
ingredient for a multi-polar world," said a senior official.
Although there is a huge cost involved, New Delhi is viewing
the larger picture. "We were keen to be on board because
global positioning technology can have many advantages for
India, especially in transport and disaster management,"
said a senior official. Experts say the EU was keen to engage
India because of its expertise in space and IT.
Courtesy:
Hindustan Times, November 17, 2003
Back
to Index
|
| |
Advantage
Bengal for IT Investors
|
| |
|
Kolkata,
November 15: The problem with West Bengal, according
to Mr Manab Mukherjee, state information & technology minister,
is its perception among potential investors. To improve
that perception and subsequently increase investment particularly
in IT, the state government launched "Advantage Bengal",
its dedicated IT promotional cell today.
The
cell will focus on investment promotion and strengthening
the IT infrastructure in the state. Officers from Webel,
the state government's agency promoting software and electronics
industry, will be personally responsible for ensuring ease
of setting up operations for IT investors. Dedicated escorts
will also be provided to companies investing more than one
crore. The cell is housed in the government's new office
buildings on Camac Street, being fully operational from
17 November.
Mr
Somnath Chatterjee, MP said, "People should know the correct
information regarding facilities available in the state.
The efforts being put in by the state government must also
be highlighted."
Mr
Mukherjee said, "In the last six months we have directly
communicated with 70 companies which are interested in investing
for IT and ITES and within two months the figure will reach
400." Some of the potential investors are Reliance, Tata
AIG, Satyam, GE Capital, WNS and Sitel, he said. "We are
asking investors not to rely on perception and come and
evaluate the city in reality." He also announced the building
of two towers to cope with the demand for work area from
IT companies.
Courtesy:
The Statesman, November 16, 2003
Back
to Index
|
| |
Reuters
Launches First Fully Electronic Forward Broking System In
India
|
| |
|
Reuters,
the global information company, on Wednesday announced the
launch of Reuters Dealing 3000 Forwards Matching service,
the premier fully electronic forward broking system, in
India. This follows the earlier launch of Reuters Spot Matching
service and introduction of the Indian Rupee to its electronic
trading services. These moves support Reuter's aims to be
the leading emerging markets' electronic broker. Mr Mitya
New, managing director, Reuters South Asia, said, "Twenty-eight
major banks in India are now using Reuters Dealing Forwards
Matching System.
Courtesy:
The Asian Age, November 13, 2003
Back
to Index
|
| |
Wishbone
a Cure for Osteoporosis
|
| |
|
India's
first osteoporosis management programme, Wishbone, launched
in Mumbai by Aventis Pharma on Tuesday, might be an answer
to managing the calcium deficiency disease, which affects
one out of every two women over the age of 45. The osteoporosis-related
pains and aches, accepted as a part of ageing by most women,
are a serious threat and can have a permanent affect. Aventis'
commercial operations director Dr Sandeep Bhattacharya informed
that Wishbone would go beyond medical administration and
take a holistic approach towards the disease's management.
"Wishbone is the only such programme to have been taken
up in India, offering fast and sustained protection against
the disease. It has been taken up because most women resort
to pain killers for temporary relief of the osteoporotic
pain. "Besides drug therapy, Wishbone will also suggest
alternates for calcium, and provide regular tests to mark
the improvement. Programme affiliates will also be provided
with educational material, help of support groups, on-call
dieticians, on-call physiotherapists and even counsellors,
to suggest modifications to residences of patients, so that
they don't get hurt by ill-placed furniture," he said. He
added that Wishbone will also provide insurance cover for
fractures and related-accidents.
Courtesy:
The Asian Age, November 12, 2003
Back
to Index
|
| |
Powered
by Pizzas & Soda, NRI Builds a Supercomputer
|
| |
|
Virginia
Tech's scientists led by 30-year-old Indian American Assistant
Professor Dr Srinidhi Varadarajan have amazed the computing
industry by putting together the world's third-fastest supercomputer
in a record time of three months, and at record low cost
of $5.2 million, using off-the-shelf components. Most other
machines of its class cost upward of $40 million and take
years to assemble. Japan's Earth Simulator, the number one
supercomputer, is said to have cost at least $350 million.
''This is arguably the cheapest supercomputer and is definitely
the most powerful home-built supercomputer,'' adds its architect.
The supercomputer made from 1,100 dual-processor power Mac
G5s, nicknamed by some as 'Big Mac', ranks third among the
world's 500 fastest supercomputers, many of which handle
with ease one trillion calculations per second. Theoretically,
Big Mac could handle a potential 17 teraflops, or 17 trillion
operations per second. That still falls short of the No.
1 machine, Japan's Earth Simulator, whose 5,000-plus processors
allow it do 35.8 teraflops, with the potential of another
five teraflops. This is followed by two other supercomputers,
at the Los Alamos National Laboratory and the Lawrence Livermore
National Laboratory, both dedicated to weapons design and
running at between 7 and 9 teraflops, according to a widely-accepted
ratings list maintained by Big Mac. ''The newly completed
supercomputer operates at 9.55 trillion operations a second,
or 9.55 teraflops,'' says Varadarajan, but he says it can
go higher.
Courtesy:
The Indian Express, November 10, 2003
Back
to Index
|
| |
HP
Labs Develops Low-Cost Handwriting Email Device
|
| |
|
Researchers
at the HP Labs India here have developed a prototype of
"script form", a low-cost device which enables people to
write by hand and send mails in Indian languages at an affordable
cost. The note-book sized machine, designed to be rugged
for use in the country, adopts visual compression technique
and intelligent character recognition to send handwritten
mails. The Bangalore-based one-and-half year old HP Labs
India, one of the seven of global IT major HP in the world,
works on developing affordable solutions for countries like
India for the business units of HP. "This (device) is extremely
useful for a non-computer savvy user," Borgaonkar said.
Courtesy:
The Pioneer, November 10, 2003
Back
to Index
|
| |
Frankfurt
Woos Indian Biotech Cos
|
| |
|
Information
Technology, Bollywood and now biotech - it seems like Frankfurt
is eyeing India in a big way. If it succeeds in its plans,
firms like Shantha Biotech could soon be setting up office
in Germany. Frankfurter Innovationszentrum Biotechnologie
(FIB), the organisation spear-heading this drive, is already
talking to Shantha Biotech, whose MD Varaprasad Reddy, may
be in Frankfurt by end-November. "Many Indian companies
have been selling their products to European companies,
but we see a potential for more long-term co-operation between
Indian biotech companies and Germany," Mr Garbe said. FIB
hopes to be a facilitator in this process. Apart from providing
contacts with huge German pharmaceutical companies, FIB
is setting up a huge office and laboratory facilities in
Frankfurt (expected to be completed by April next year),
which could be rented out by Indian biotech companies. It
also plans to set up a 30m euros venture capital fund which
will co-invest in research and development projects that
Indian biotech firms undertake in collaboration with a German
body.
Courtesy:
The Economic Times, November 10, 2003
Back
to Index
|
| |
First
BrahMos Launch from a Mobile Complex
|
| |
|
BrahMos,
the supersonic cruise missile jointly developed by India
and Russia, was launched for the fifth time from the Interim-Test-Range
at Chandipur-on-Sea, 13 km from Balasore, Orissa, today.
The flight was successful and met all the mission objectives.
The missile took off shortly after noon - at 12.02 p.m.
and landed 290 km away in the Bay of Bengal. It flew at
a speed of 2.8 times that of sound. "The importance of today's
mission was that the BrahMos was launched from a mobile
complex, which has the indigenously-built TATRA truck as
the base." All the parameters were captured by tracking
stations on the ground and ships located at various points
on the sea. Today's launch was to prove that the BrahMos
was suitable for launching attacks on targets located both
on land and at sea. The missile enjoys a maneuverable trajectory.
It took off vertically from the mobile launch complex today,
took off in no time to an altitude of 14 km, changed its
course and plunged to a very low altitude when it was closer
to the target on the sea. Then it homed in on the target,
which was 290 km from the mobile launch complex on the beachfront.
The complex consists of an indigenously built multi-axle
truck called TATRA, which has a cross-country capability.
In other words, TATRA is the base around which the mobile
complex has been built and TATRA can carry the BrahMos to
different types of terrain. It has its own fire-control
system for the missile. The BrahMos is capable of carrying
warheads weighing between 200 kg and 300 kg. It could cruise
at a speed of 3 Mach at an altitude of 15 km. It can be
launched from a variety of platforms - fixed and mobile
platforms on land, surface ships, submarines and aircraft.
It has multi-target capability.
Courtesy:
The Hindu, November 10, 2003
Back
to Index
|
| |
|
|
| |
|
It
might seem unlikely to find a connection between an Army
jawan serving at high altitudes in the Himalayas and a Mumbai
yuppie partying at sea level. What's even unlikelier is
the form the connection takes.: Leh Berry , is a bright
yellow-orange drink that has a faintly spicy taste. And
not just any drink, but one which claims, extravagantly,
to contain incredible amounts of vitamins, nutrients and
anti-oxidants, and to have the properties of reducing cholesterol
and blood pressure, increasing resistance against cancer
and coronary diseases, and even helping HIV positive patients
delay the onset of the disease. The Chinese are well aware
of its value, and according to Varun Kumar managing director
of Ladakh Foods Limited, the organisation that manufactures
the Leh Berry drink, there are more than 1,700 companies
in China devoted to selling its products. Ladakh Foods became
the only Indian counterpart thanks to its owner, B.K. Mittal,
who was in the business of supplying pre-fabricated shelters
to the army in Ladakh. He met one of the officers in charge
of the DRDO laboratory in Leh, who told him about the berry
and of a process the DRDO had developed for processing it
into useable pulp. Mittal became the only official licensee
for the technology in India.
Courtesy:
The Economic Times, November 10, 2003
Back
to Index
|
| |
World's
First Single-Chip Mobile Phone Solution on the Cards
|
| |
|
Engineers
at the Indian Development Centre of the U.S.-based digital
and analogue chip-maker, Texas Instruments (TI), are perfecting
a key ingredient for a radical, single-chip solution for
mobile phones. When it is unveiled, within a year, the chip
is expected to be the first ever product where the analogue,
digital and radio frequency building blocks are integrated
on the same matchbox-sized slab of silicon. As a result,
new-generation cellular mobile phones based on the chip
were expected to be smaller, cheaper and less power-hungry,
said Gilles Delfassy, senior vice-president for world-wide
wireless terminals business at the Dallas headquarters of
TI. However, TI's Bangalore-based development team has succeeded
in realising the "digital radio processing" functions on
the same type of silicon as the other circuit and memory
functions - in effect removing the last technical hurdle
to creating a one-chip mobile phone. Indian engineers at
TI as well as its development partners like Wipro and Sasken
have also contributed to another key mobile phone building
block, OMAP, an in-house buzzword for technology that creates
`smart phones' to carry both voice and multimedia data.
Further down the road, TI is working to launch a cell-phone
that incorporates navigation and Position-sensing information,
based on the satellite-backed Global Positioning System
(GPS).
Courtesy:
The Hindu, November 09, 2003
Back
to Index
|
| |
Focus
Turns to NCE Research in Drugs
|
| |
|
By
2007, $42 billion of pharmaceutical drugs are to go off
patent in the U.S. alone. Globally, including Japan and
the EU, the estimates touch $50 billion. Led by Ranbaxy
and Dr. Reddy's Laboratories, a handful of Indian companies
are sinking money into hardcore medicinal chemistry research.
It includes Sun Pharma, Torrent, Wockhardt, Orchid, Ajanta,
Hickal and Biocon, say industry sources. Can they do it?
One head of a research facility here, said, "Indian pharmaceutical
industry always ignored medicinal chemistry. On that, we
can't match the MNCs in the West. What we have is superior-to-world-class
process knowledge, in synthesis". Over 50 per cent of Ranbaxy's
revenues come from the U.S., on the back of cheaper generics.
Last year it released a generic version of ceftin, an anti-infective
made by GSK. DRL did it in 2001 with Prozac, Eli Lilly's
anti-depressant. This year, Ranbaxy's challenge on lipitor,
Pfizer's anti-cholesterol molecule made ripples. In August,
after an analysts' report that the challenge wasn't to be
taken lightly, Pfizer's valuation plunged 3 per cent. Contract
manufacturing is another way to earn sure revenues. Biocon
for example, makes statins, anti-cholesterol drugs, in bulk
for export. If Indian scientists make the transition from
synthesis to thinking originally about medicine and biology
and back it up with research successes, the MNCs might themselves
think of doing research here, said one scientist.
Courtesy:
The Hindu, November 09, 2003
Back
to Index
|
| |
Plastic
to Petrol? Nagpur Formula gets it Just Right
|
| |
|
Worlds'
biggest environment problem is set to produce the world's
most-sought commodity. Results of 11 experiments conducted
between July 1-10 at Indian Oil Corporation's R&D centre
at Faridabad show that the plastic-to-petrol process invented
by Umesh and Alka Zadgaonkar yields 40-60 per cent liquid
petroleum from a kilo of waste plastic. The plastic can
include polyvinyl chlorides, carrybags, broken buckets or
PET bottles. The outcome is significant for India, which
produces 7,000 tonnes of waste plastic every day. The Zadgaonkar
invention was first reported in The Sunday Express in June
2003. Alka is the head of the department of applied chemistry
at Nagpur's Raisoni College of Engineering and holds two
Indian patents. The Zadgaonkars had refused to sell the
idea to the foreign companies and had said they trusted
the IOC. Their secret formula: Shredded plastic waste-free
of oxygen-is heated with coal and a secret chemical. The
products include 80 per cent fuel range liquids, 5 per cent
coke and 15 per cent LPG range gases. However, it may take
some time before the process yields petrol and diesel for
commercial use. The state-run Oil Industry Development Board
will be asked to fund a Rs 7.86-crore demonstration plant
at Nagpur, where the Zadgaonkars live. ''In the current
scenario, plastic waste disposal is a cost centre. The development
of a useful technology can lead to setting up of a commercial
plant that can convert waste plastic management into a profit
centre,'' justifies IOC.
Courtesy:
The Indian Express, November 06, 2003
Back
to Index
|
| |
Pfizer
Plans India Research Unit as a Prime R&D Hub
|
| |
|
Pfizer,
the multi-national pharmaceutical giant, has identified
its Indian clinical research set-up as one of the prime
global hubs for its new drug development activity. The US
giant which boasts of the largest R&D facility globally,
has already pumped in around $12m in its Indian subsidiary,
Pfizer India, and more dollars are likely to come in from
its global headquarters in Connecticut, US. Consequently,
the Indian subsidiary is gearing up its clinical research
team. Currently the team has more than 100 scientists and
the company has plans to expand its human resource base
in phases. Pfizer India has started to figure high on the
priorities of Pfizer, simply because of the three phases
of clinical research. Pfizer has found that its Indian operations
have a competitive advantage against the other global hubs
in the study execution phase. Moreover, therapeutic diversity
of the country, large patient pool, excellent computing
infrastructure and low cost of medical care are also some
of the stimulating reasons that have gone in favour of India
by the Viagra makers. Much in line with the global headquarter's
R&D policy, Pfizer India has also initiated the setting
up of a one-stop training academy in clinical research (Academy
for Clinical Excellence) in partnership with an academic
pharmacy college and industry.
Courtesy:
The Economic Times, November 06, 2003
|
| |
| |
|