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Lalvani
Presented DTI Innovation Award in London
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Britain's
Parliamentary under-secretary for science
and innovation, Lord Sainsbury presented
the DTI (Department of Trade and Industries)
Innovation Award to 73-year-old Lalvani
at a glittering function organised by the
Eastern Eye, a publication house, at the
London Hilton in London. Lalvani's discovery
of Immunace will play a very important role
in the global fight against HIV/AIDS, according
to the official International Journal of
AIDS. Immunace was invented as the first
synergistic formula of antioxidants, nutrients
and co-factors to demonstrate a dramatic
improvement in the immune system, building
up resistance to infection with optimal
cell defence. Lalvani told a news agency
recently that the discovery would help save
lives of thousands of people.
Courtesy:
The Economic Times, April 26, 2005
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Indian
Scientist Among WWF Contest Winners
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An
Indian scientist has found place among the
winners of the International Smart Gear
Competition conducted by the World Wildlife
Fund (WWF). Dr MR Boopendranath, principal
scientist at the Central Institute of Fisheries
Technology (India) came up with one of three
winning solutions to prevent the accidental
maiming and killing of marine mammals, juvenile
fish and sea turtles that become ensnared
by fishing nets and loglines, the WWF said
on Tuesday. The solutions will also improve
the efficiency of commercial fishing, it
said. The three new winning solutions will
be announced on Thursday at a press conference
on the eve of Earth Day on April 22.
Courtesy:
Hindustan Times, April 22, 2005
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ONGC
gets Asia Money Award
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Oil
and Natural Gas Corp (ONGC) has been awarded
'Best Deals of the Year 2004' trophy by
Asiamoney - Asia's leading capital markets
publication. The award was given in recognition
of the successful placement of Rs 10,694
crore worth of secondary shares, a company
press release said here. At an exclusive
award presentation function held in Mumbai,
the trophy was received by ONGC chairman
and managing director Subir Raha and director
(finance) R S Sharma. This was for the first
time that the awards road-show was held
in India. Asiamoney editor Chris Cockerill,
while presenting the award, complimented
ONGC for exemplary financial management
systems.
Courtesy:
The Economic Times, April 21, 2005
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Ash
Amongst Time's Most Influential
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Aishwarya
Rai has a knack for appearing on covers
and on celebrity shows not because she has
mastered the art of media and public relations
but she has finessed her early accolade
of the Miss World into a rapidly growing
cinematic resume now marching towards Hollywood
unmatched by her colleagues in Mumbai. Last
year, Aishwarya Rai made it into the Time
magazine's list of 100 most powerful people.
It is very rare that the same person gets
selected the succeeding year. But Aishwarya
Rai made her presence in the star-studded
dinner in New York last night with this
year's 100 most powerful influential people.
"It's undoubtedly an honour. It feels great
that I was a part of this remarkable group.
On a personal level, it's a humbling experience,
because the people I have been rated with
have achieved so much more than me", said
Aishwarya Rai. Aishwarya shared the night
alongside the who's who from government,
science, arts, sports, business and entertainment,
those who have been rated the most powerful
people of 2004-2005 by Time . Recently,
Aishwarya shared the cover with Ziyi Zhang
on the April issue of Beijing Review on
the eve of the Chinese Premier's visit to
India. Ziyi made it to this year's Time
's 100 list is being written as the Chinese
gift to Hollywood. Ziyi was introduced to
Hollywood through Ang Lee's Crouching Tiger,
Hidden Dragon. Aishwarya has the distinction
of appearing the cover of Time magazine
as well. Alone. Aishwarya might not have
the girlish petulance of Ziyi Zhang, but
in her own right has charmed filmmakers
in Hollywood. Aishwarya's upcoming Hollywood
projects include the role of a battered
prostitute in Chaos with Meryl Streep, Roland
Joffe's Singularity opposite Brendan Fraser,
and possibly in Michael Douglas' Racing
The Monsoon . Can Aishwarya achieve western
stardom? She could be the first Indian actress
to do so. In fact, most Indian actresses
want to emulate her and be in her shoes.
She has been considered someone who is too
perfect in the world of Indian cinema. Should
that be considered a virtue in Hollywood,
who would not want to bet on Aishwarya making
her mark in Hollywood? After all, she could
be India's gift to Hollywood.
Courtesy:
The Times of India, April 21, 2005
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Indian
Art Makes a Splash with Bare Necessities
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Erotica
is one of the most favourite themes of Indian
contemporary artists. Well-known painters
who kept returning to this form off and
on are MF Husain, FN Souza, Bhupen Khakhar,
Manu Parekh, Laxma Goud and Nalini Malani.
Other artists who have also dwelt on this
subject are Prakash Karmakar, Kartick Pyne,
Jogen Chowdhury, Amitabha Banerjee and Nikhli
Biswas. "Traditions of the erotic art form
are rooted in the sculptures of Konark and
Khajuraho. It is also seen in the sculpted
terracota figures at various ancient era
temples. Miniature paintings, covering Rajasthani,
Kangra and Mughal schools, also reflect
works on eroticism. The Kamasutra is also
depicted in the miniature format,"sources
told ET. "Eroticism is treated as part of
Indian aesthetics." According to them, one
contemporary painter who has excelled in
this art form is Laxma Goud. His masterly
execution of paintings or prints of this
genre in the 1960s did not create a stir
at that time, but are much sought-after
now. "Goud was selling for a song in those
years. His watercolours and prints were
available for Rs 100-200 during that early
phase. At present, one will need to cough
up at least 100-300 times that. Goud, in
fact, has used eroticism in such a way that
it has become an integral part of his artistic
repertoire and also of mainstream art,"
said sources. Among other masters of eroticism
is Francis Newton Souza whose nudes in oil
are selling for nearly Rs 1 crore. However,
Souza's early watercolours have not yet
surfaced in a big way on the auction scene.
The watercolours, which would be worth lakhs
now, sold for just Rs 100-500 in those days.
Husain also used erotica, though relatively
guarded, in his Mithun series. Ganesh Pyne
delved into this area in his famed temperas.
In earlier years, Hemen Mazumdar used eroticism
to depict his nudes and semi-nudes. Nikhil
Biswas' erotic drawings are in a league
of their own. A discussion on eroticism
would remain incomplete if one doesn't mention
the early Bengal School paintings, which
were done in Kalighat pata style. They haven't
been exposed fully in the art market, but
appear from time to time. "Eroticism in
Indian art is never confused with pornography.
Erotica in Konark and Khajuraho or Indian
contemporary art is totally acceptable.
Indian artists have successfully brought
out the aesthetic elements in eroticism,
while keeping pornography at a distance,"
said sources.
Courtesy:
The Economic Times, April 20, 2005
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Min
of Tourism Bags PATA Award
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The
Union Ministry of Tourism has bagged the
2005 PATA Grand Award for Heritage for its
Ajanta Ellora Conservation and Tourism Development
Project. The Ministry gained the trust of
the community and the local authorities
to effectively conserve, restore and promote
the Unesco World Heritage Site as a high
quality tourist destination. The awards
were presented at the 54th annual conference
of the Pacific Asia Travel Association (PATA)
which began its session at Macau Sar in
China on Monday. Indian Airlines got the
Gold Award for effecting service turnaround
to perception turnaround while Thomas Cook,
India, Limited received the award for Tour
Operator/Travel Agent, Welcomenviron of
ITC Hotels, India, got the Corporate Environmental
Award. The Union Ministry of Tourism also
bagged a Gold Award for its Print Media
Advertisement -- "Incredible Taj". The Multimedia
and Journalism award went to SITA, India
for its Consumer Travel Brochur, India Quest,
Premium Vacations. Kerala Tourism secured
the E-Newsletter award for its newsletter
and also bagged another one for heritage
and culture for "A day with the masters".
"Domestic Tourism, The Next Big Wave" written
by Kamal Gill got the award for the best
business article. Capt C P Krishnan Nair
of Leela Hotels was presented Award of Merit
for his work in "greening" the Leela, Mumbai
and many public places in the city.
Courtesy:
The Economic Times, April 19, 2005
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Indians
Awarded for Rescue Mission
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Two
Indian Air Force pilots have won the prestigious
Aviation Week Laureates award for a heroic
high-altitude rescue of three critically
injured mountaineers. The Smithsonian Aviation
and Space Museum bestowed the award on Wing
Commander Sudhir Kumar Sharma and Flt Lt
AB. Dhanake here last week, an Indian Embassy
release said. The IAF pilots are the only
Indians after President APJ Abdul Kalam
and the late JRD Tata to be inducted as
laureates in the Smithsonian's Hall of Fame.
It is the first time IAF pilots have won
the award. This year, Sharma was awarded
the Kirti Chakra, a peacetime gallantry
award, for the same rescue expedition in
which he masterminded the rescue of three
seriously injured members of a mountaineering
expedition to Mount Kamet in Uttaranchal.
The operation was carried out at a record
height of 23,260 feet in May 2004. Dhanake
was his co-pilot during the mission. The
Smithsonian award was conferred on both
pilots for the same feat, which displayed
exceptional flying skills and exemplary
courage, Aviation Week and Space Technology
magazine said. The magazine called the Indian
pilots the "most outstanding achievers in
aviation operations category for the year
2004."
Courtesy:
The Times of India, April 15, 2005
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Indian
Scientist gets Jaeger Lecture Award from
IIW
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Baldev
Raj, a leading Indian nuclear scientist,
has been conferred a prestigious award by
the International Institute of Welding (IIW)
and International Standards Organisation
(ISO). Raj, director of the Indira Gandhi
Centre for Atomic Research (IGCAR) at Kalpakkam
in Tamil Nadu, is the first Indian to receive
the coveted Jaeger Lecture Award from IIW.
IIW, a premier body comprising experts from
over 30 countries, frames welding directions
and policies for advancement of welding
science and technology. The award is in
recognition of Raj's research and significant
contributions to the science and technology
of welding, an official statement said Tuesday
Raj has developed repair welding of cracked
shrouds and blades of steam turbines, and
a procedure for "hard facing" components
at nuclear power plants using nickel-based
alloys. This led to substantial reduction
in costs and shutting down of plants for
repairs. Raj is also responsible for developing
indigenous electrodes for the 500MW fast
breeder reactor, which led to the availability
of high-quality welding electrodes in the
Indian market. He was earlier honoured with
the lifetime achievement award for 2004
by the Indian Welding Society.
Courtesy:
Hindustan Times, April 15, 2005
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Film
on Netaji Eyes Guinness Book
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Shyam
Benegal's movie, Bose, the Forgotten Hero,
is trying to enter the record books with
producers Sahara India planning to make
its premier, in the city on May 5, the largest
attended one of a film ever. The period
drama, starring Sachin Khedekar as Bose,
would be vying with Brewster McLout , a
production from Texas, USA, which holds
the Guinness Book record of the biggest
premier ever with 23,930 people attending
its opening show. "We would try to outdo
the record held by Brewster McLout for the
last 35 years," Priti Sahni, production
head of Sahara One Motion Pictures, told
a press meet last evening. The grand premier,
to be held at the Eastern Command ground
in the heart of the city, is expected to
draw around 30,000 people, she said. "This
is being planned on a huge scale. There
will be a massive promotional drive in colleges
and Cafe Cofee Day outlets to distribute
tokens for anybody and everybody interested."
To authenticate the distribution of tokens
and confirm the number of people attending
the premier, leading market research body
Earnst and Young would carry out their own
investigation and send it to the Gunniess
Book of Record. Technicians from the UK
and India will put together the gala event
with a giant screen showing the movie that
depicts the most eventful years of Netaji
Subhash Chandra Bose, West Bengal's most
revered freedom fighter. "This is a long
film of three and half hours. But I could
not have settled for any less to portray
the extraordinary life, travels, trauma
and achievement of one of the greatest Indians
who remained unsung even in his own country,"
Benegal told reporters.
Courtesy:
The Times of India, April 13, 2005
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Richest
Indian Honour for Azim
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Wipro
chief Azim Premji is the richest Indian
based in India, according to a latest rich
list of top 20 Indians. With a wealth of
Rs 31,198 crores, Mr. Premji is described
as the Indian Bill Gates for transforming
his father's vegetable products company
into a multi-national computer giant based
in Bangalore. The Ambani brothers, with
a combined wealth of Rs 24,172 crores, are
placed at number two in the list, released
as part of the annual Success 2005 magazine.
Chairman and managing director of Bharti
Tele-Ventures Sunil Mittal is ranked third
with Rs 12,552 crores and is followed by
Shiv Nadar, chairman, president and CEO
of HCL Technologies, who is worth Rs 7,929
crores. "Asian wealth now creates and sustains
more jobs than its has ever done. Asian
wealth stimulates growth in industries…
it is diversifying, modernising," says Dr.
Spinder Dhaliwal, the University of Surrey
lecturer who has compiled this year's list,
which also includes Zee Telefilms boss Subhash
Chandra, at ninth place with an estimated
worth of Rs 2,849 crores, and the Hinduja
brothers, at number 13 with Rs 2,378 crores.
The British Asian section of the rich list
includes London-based industrialist Swraj
Paul, ranked sixth.
Courtesy:
The Asian Age, April 12, 2005
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NIIT
Scientist Wins Dewang Mehta Award
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NIIT'S
chief scientist Sugata Mitra has won the
Dewang Mehta Award for Innovation in Information
Technology, instituted by the department
of information technology. In 1999, in an
experiment conducted by Mr Mitra, a computer
connected to the internet was embedded in
a slum wall and left for unsupervised use
by children. The findings of the experiment
suggested that groups of children could
learn to use computers and the internet
on their own, irrespective of who or where
they were. Mr Mitra and his team subsequently
verified this discovery via intensive testing
through a large-scale experiment conducted
across India and Cambodia. In '01, the World
Bank, through its affiliate International
Finance Corporation, formed a JV with NIIT
in the form of HIWEL to spread out the research
project to over 30 locations across India.
Mr Mitra's Minimally Invasive Education
Technology (popularly known as the Hole-in-the-Wall
experiment) is the result of over 15 years
of intensive testing and is based on the
premise of incidental learning with minimum
human guidance. The Award for Innovation
in IT was instituted in '01 by the DIT in
memory of IT evangelist Dewang Mehta, to
honour individuals from technology-related
sectors for their innovative work, which
has the potential of making an impact on
national development.
Courtesy:
The Economic Times, April 05, 2005
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Entertainment
Industry Poised for Growth
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The
Indian entertainment industry now estimated
at over Rs. 20,000 crores ($4.5 billion)
is expected to grow in high double digits
at 18 per cent compounded annually over
the next five years to reach over Rs. 45,000
crores ($10 billion by 2009), according
to a FICCI-PricewaterhouseCoopers study.
The largest contributor to this growth will
be the television segment followed closely
by the film segment. The study says that
the entertainment industry, fuelled by higher
and growing levels of consumer spending,
especially on leisure and changing lifestyles,
coupled with the force of high technology,
is poised to unfold a whole host of value
added features for the consumers and new
streams for the players in each segment
of the industry. In the new converged paradigm,
the technological boundaries of the entertainment
industry will be merged with those of the
telecommunications and information technology
segments and mobile entertainment, with
its ability to dissect boundaries of time
and space, will be the biggest growth driver.
Television
The
future of the television industry is digitisation
and it is only a matter of time before market
forces propel the industry towards that.
Resolution of current challenges of distribution
and digitisation will also define the content
formats and the viewership patterns of consumers
in future. The study says that digitisation
will revolutionise the film industry by
bringing out faster and cheaper modes of
delivering films. These will be in terms
of digital distribution of films, emergence
of home video market entailing shorter release
windows and new distribution formats such
as Internet and mobile devices. Content
is and will continue to be the king of entertainment
in future and securing rights over the content
will decide the strength of the players
across all segments. The challenge will
then be of having a regulatory regime working
towards adapting to these advancements.
Digital
Cinemas
Though
piracy continues to dampen growth, measures
taken by some companies to go digital and
the increase in the number of digital cinemas
are helping reduce its extent. The emergence
of professionally run international companies,
distributing domestically produced movies,
has also contributed towards increase in
legitimate revenues of the film producers.
A similar growth is projected for the Indian
music industry, which is riding on the boom
of remixes and video albums. Digital delivery
formats, wireless mobile phones and Internet
will be the emerging platforms and will
bite into the traditional formats of CDs
and cassettes.
Radio
The
radio industry is also set to boom, says
the study. Availability of larger number
of frequencies is expected to drive the
segment by 22 per cent over the next five
years. The present market is still untapped
to a large extent and with rationalisation
in the licence framework; the segment is
expected to almost treble its size to about
Rs. 650 crores by 2009. The boost provided
by the television segment and corporatisation
of the entertainment segment is expected
to drive the segment growth at 18 per cent
over the next five years.
Courtesy:
The Hindu, April 04, 2005
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H'wood
Finds the B'wood Masala Hot
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Daniel
Glickman, President and CEO of the powerful
Motion Picture Association of America (MPAA),
sees big opportunities for the Hollywood
studios in India and says the 'idiosyncrasies'
of the Indian film industry are in fact
its strengths. Mr Glickman is due to come
to India to participate in Ficci's entertainment
convention. ET caught up with him to assess
the view of the Indian film industry from
LA. The prolific output of the Indian film
industry is not a shortcoming but a strength.
The unique 'masala' storytelling style is
again preferred by Indian audiences, and
there is no reason why Indian producers
should change their style that caters to
the cultural sensibilities of moviegoers
here, Daniel Glickman told ET. Is there
greater appreciation of Indian cinema after
the large number of 'cross-over' movies
that have been seen in the US? Mr Glickman
acknowledged that 'Bend It Like Beckham'
and 'Monsoon Wedding' were great successes
outside of India. "These films certainly
'crossed-over' to me," the MPAA chief said.
Courtesy:
The Economic Times, April 02, 2005
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