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In
Kota, IIT Dream is an Industry
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Talwandi,
Vigyan Nagar and Jawahar Nagar aren't
names that roll off people's tongues
when they discuss the IT boom and
global software trades. Nor would
most people have heard of Bansal's
Classes. But there's a high chance
many students in IITs and premier
engineering colleges will tell you
exactly where in the dusty Rajasthan
town of Kota these neighbourhoods
are located. Welcome to coaching city.
Once Rajasthan's biggest industrial
hub, Kota is now churning out the
highest number of IITians in the country;
the institutes claim a third of the
nearly 5,000 students who crack JEE
are groomed in Kota. No one is sure
what the magic is but everybody swears
it's the best bet to an engineering
degree and a passport to prosperity.
And no one is sure when and how Kota
transformed from a city caught in
the gloom of a declining economy in
the late '70s to an education hub.
V K Bansal, an engineer who quit work
after developing a physical handicap,
claims it became a boon when he opened
the first coaching centre in Kota
in 1983. To his surprise, the first
batch from Bansal Classes came out
with flying colours in the IIT-JEE
entrance exam.
Courtesy:
The Economic Times, June 28, 2005
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Unmindful
of lack of encouragement and recognition,
Tadepally Rammohan, a native of Anantapur,
continues his quest for creativity
in English. He recently added `Juxtnary'
to his list of creative work in the
global language. "Juxtnary is a dictionary
of juxtagrams," says Mr. Rammohan.
Again, juxtagram is one of his creations.
Juxtagram is a meaningful word, which
is found by placing first and last
two letters of a word. Ex: Avoid -
Avid; Bible - Bile; Chief - Chef and
Digital - Dial. In all, his Juxtnary
has 141juxtagrams created by him.
Apart from Juxtnary, Mr. Rammohan
has to his credit four new sentences,
10 new words and a figure of speech.
"There have been compilers and editors
of dictionaries, but no creators.
This way, my work is unique," he claims.
In response to a copy of Juxtnary
sent to Harper Collins, the senior
lexicographer of the publishing company,
Elspeth Summers, wrote: "Juxtnary
certainly is an interesting concept,
but fails to fit in the profile of
books we publish." Oxford University
Press, Chambers Harrap and Who's Who
responded saying that they cannot
publish the works of Mr. Rammohan
at this time. However, he is hopeful
that his creativity would be recognised
one day. An employee of Provident
Fund office at Cuddapah, Mr. Rammohan
started his creative journey 15 years
ago by penning a 300-word sentence
without a verb or an auxiliary on
the Washington summit and on the former
US President, Bill Clinton, later.
Anagrammatical, acronymical and anglus
mathematical sentences followed later.
An anagram is a meaningful word found
by changing letters of a word in a
different order, an acronym is a meaningful
word formed with the first letters
of a group of words and anglus mathematical
sentence is formation of nine words
into a sentence with one to nine letters
each in the ascending order. While
homoverbum, a figure of speech, explains
qualities of a subject with two similar
words in a sentence, sharadium is
a word containing more than two words
in it (ex: Fortune - for, or, fort
and tune). Triagram is a meaningful
word formed with first two and last
one letter of a word (ex: Water -
war). Justitude, nop, denius, foxdom,
fooldom, Englsom and Engldom are other
words created by him.
Courtesy:
Hindustan Times, June 27, 2005
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A
Dream Can Galvanize a Nation
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At
Hindustan Zinc, after its disinvestments
just three years ago, we dreamed of
building the world's largest zinc
smelter of its kind. We dreamed of
it being the fastest commissioned
project in the world. We dreamed of
engineering a marvel that would make
India self-sufficient in zinc and
place us firmly on the world's metal
and mining map. Today, we have made
our dreams come true with our new
zinc smelter at Chanderiya in Rajasthan.
It is the same spirit that surges
through Vedanta Resources, our parent
company. The belief that dreams can
inspire, empower and galvanise a nation.
Courtesy:
The Economic Times, June 27, 2005
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Army
Women Conquer Mt. Everest
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They
are women made of steel, trying to
carve out their own paths in life.
On June 2, four Indian Army women,
including two NCC cadets, made history
by scaling Mt. Everest, facing bitter
temperatures and strong winds on the
way. However, the biggest hardships
they faced were internal, as each
one struggled to keep mental focus,
emotional perspective, and physical
well-being in the face of nearly unyielding
stress, said the young women mountaineers.
No wonder that of the team, comprising
nine women and 18 men officers, only
four women and five men could make
to the top at 2,9035 ft height. "More
than the physical strength we were
relying on our mental alertness,"
Ms Dechen Lhamo, a Karate champion
revealed the secret of making her
dream come true in her maiden attempt.
The Class 11 pass Dechen, who hails
from Nepal, weighs only 40 kgs. Ditto
with NCC cadet Tsering Ladol who is
the junior most and youngest member
of the team. "Besides, hailing from
hills, we enjoyed edge on others as
far as adaptability to harsh weather
was considered," both Ladakhi girls
said. Lt. Gen. Bhopinder Singh, director
general of military training said:
"The achievement of this expedition
is unique and unparalleled in the
whole world. For the record, they
are the first women members belonging
to the Army of any nation, who have
summitted the highest mountain of
the world in a maiden attempt." Now
basking in the glory of achievement
which very few have been able to accomplish,
these strong-minded women dream of
another attempt to scale the highest
mountain in the world.
Courtesy:
The Asian Age, June 25, 2005
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3
Indian Sites on World Fragile Monument
List
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Four
Indian sites of key historical and
cultural importance have been included
in the list of '100 most endangered
sites-2006' of the World Monuments
Fund (WMF). Of the four sites - Dhangkar
Gompa in Himachal Pradesh, Guru Lhakhang
and Sumda Chung temples in Ladakh,
Dalhousie Square in Kolkata and Watson's
Hotel in Mumbai - Dalhousie Square
has for the second consecutive time
found mention in the list. In a conversation
with The Indian Express over the phone
from New York, WMF technical director
Mark Webber said: ''Watson's Hotel
in Mumbai - also known as Esplanade
Mansion - is the oldest cast iron
building in India and we hope its
listing (supported by the Kala Ghoda
Art District) will spark interest
in its restoration.'' Named after
the original owner, John Watson, Watson's
Hotel was fabricated in England and
erected onsite between 1867-69. ''Mumbai's
Urban Design Research Institute and
the Kala Ghoda Association conducted
a feasibility study in 2001 for its
restoration. They propose to work
with the current owner on the restoration
project.'' Kolkata's Dalhousie Square,
once the epicentre of British colonial
power and trade - named in honour
of James, Marquis of Dalhousie, Governor
General of India from 1847 to 1856
- has been relisted this year. Now,
with the help of WMF, the West Bengal
government plans to draw out a conservation
masterplan for the entire Dalhousie
zone. ''For Dhangkar Gompa, the monastery
itself was the listing applicant.
There are structural problems with
the foundation and buttress system
of the structure and there is an urgent
need to develop a conservation plan
in association with the Dhangkar monastic
community,'' said Webber. ''The Namgyal
Institute for Research on Ladakhi
Art and Culture referred the Guru
Lhakhang and Sumda Chung temples to
WMF. Built essentially of mud bricks
and timber, climate change has posed
the primary threat to these temples.
We are keen on working out a restoration
plan,'' Webber stated. ''I plan to
be in India soon and hope to work
on these and other projects with the
stakeholders.''
Courtesy:
The Indian Express, June 24, 2005
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Gurgaon
to Host World's Largest Mall
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Gurgaon
is set to get the mother of all malls
- a humungous 40-lakh sq ft sprawling
property that is being touted by its
developer DLF Universal as the biggest
mall of the world. The average size
of malls here is 2.5 lakh sq ft; this
will be 16 times bigger. The mall
-- christened Mall of India -- will
be spread over 32 acres and will have
parking space for 10,000 cars. These
ambitious plans have been drawn up
at a time when footfalls are down
at Gurgaon malls and rental rates
have virtually halved. But DLF is
unfazed. It says Gurgaon with so many
malls will soon develop as a mega
shopping district in the NCR region.
Courtesy:
The Economic Times, June 22, 2005
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Is
it Worth Investing in Indian Art?
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In
the Saffronart summer online auction
that closed on May 12, FN Souza's
"The Remark", which was expected to
fetch Rs 32.25 lakh ($75,000) at most,
actually sold for no less than Rs
65.75 lakh ($152,900) Tyeb Mehta's
"Kali" that was on the cover of the
catalogue and was expected to fetch
Rs 47.30 lakh ($110000) actually sold
for over Rs 1 crore ($236,500). But
what was really surprising was the
number of young artists who crossed
the Rs 10-lakh mark. Jitish Kallat's
"Acid Drop" that was expected to sell
at around Rs 6 lakh ($14,000) actually
sold for Rs 10.88 lakh ($ 25,300).
Jagannath Panda's "City Breeds" that
was slated to sell at Rs 2.75 lakh
($6,400) actually netted Rs 11.82
lakh ($27,500), Shibu Natesan's, "A
Marriage Scene" was expected to fetch
Rs 9.50 lakh ($22,100) at most, but
was sold for Rs 11.2 lakh ($ 25,952).
Subodh Gupta's "Round the Corner"
that was expected to fetch Rs 5 lakh
($ 11,630) at most went for Rs 10
lakh ($23,320). The Indian art market
is showing an unprecedented boom.
A few day's back, one of the world's
top auction houses, Christie's announced
its intention to re-enter the Indian
art market after three years. It has
also been reported that it's rival
auction house Sotheby's is also entering
into Indian art market through its
partnership with a Mumbai gallery.
What do these rising prices in Indian
art industry convey to a potential
investor?
Courtesy:
The Economic Times, June 21, 2005
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First
Woman Vice-Admiral Takes Over
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Punita
Arora, on Monday took over as the
first woman Vice-Admiral in the Navy.
Seconded from the Army where she holds
the equivalent rank of Lt. General,
she has taken over as Director- General
of Medical Services, in the rank of
Surgeon Vice-Admiral. She was earlier
the commandant of the Armed Forces
Medical College (AFMC), Pune. A gynaecologist,
Vice-Admiral Arora was commissioned
into the Army Medical Corps in 1968.
She has held many prestigious appointments,
including head of the department of
obstetrics & gynaecology at AFMC and
commandant of the military hospital
in Jammu and Kashmir.She has been
awarded the Sena Medal, Vishist Seva
Medal and the Chief of the Army Staff
commendation.
Courtesy:
The Hindu, June 21, 2005
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Chennai
Hospital Cures Pak Girl
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Pakistani
teenager Karran Bari was born a blue
baby but thanks to a hospital here
she can now lead a normal life. "The
risk was high as this would be the
third surgery on her heart but she
has responded very well," said Mr
K.M. Cherian, at whose hospital the
operation was performed. In medical
parlance, a blue baby is one born
with a heart problem that prevents
the blood from getting enough oxygen.
Thus, for 13 years, Karran, a beautiful
and smiling class eight student at
St. Paul's English High School in
Karachi, has been unable to walk long
distances, climb or run. "Now I am
fine," she told reporters here, a
week after she was operated on. On
June 13, doctors performed a seven-hour
complex open-heart correction for
the pulmonary artery and the heart-lung
connections. Leakage in one heart
valve was stopped, another heart valve
was replaced and a blood vessel on
the left of the lung was widened.
"She has been an exceptionally brave
girl," said Dr Prem Sekar, one of
the paediatric cardiologists taking
care of Karran. She will be closely
monitored for the next six weeks and
should be as healthy as any other
13-year-old in six months' time, the
doctors said. Born to a Filipino mother
and a Pakistani father, Karran was
first operated on in Bahrain in 1992,
when she was just eight months old,
her mother Zahra said.
Courtesy:
The Asian Age, June 21, 2005
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Ownership
of Cars to Double by 2009-10
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The
rapid rise in the country's middle
and upper income classes, more than
overall GDP growth per se, is likely
to lead to a dramatic hike in the
demand for big-ticket items like motorcycles,
refrigerators and cars/jeeps, according
to the National Council of Applied
Economic Research's (NCAER's) latest
report, "The Great Indian Market".
The report is based on an extensive
all-India survey of over 300,000 households
and contains projections till the
end of the decade. As a result, the
number of households owning cars will
more than double from around 4 per
cent right now to over 9 per cent
by the end of the decade, that for
scooters will remain stagnant at around
8 per cent, will double for motorcycles
to over 28 per cent. In terms of demand,
this will mean demand for cars/jeeps
will easily cross the 3 million mark,
motorcycles will nearly touch the
8.5 million mark and regular sized
colour TVs the 10 million mark. Demand
for all automotive categories, which
grew by under 10 per cent between
1995-96 and 2001-02 will grow by 1.5
times this between 2005-06 and 2009-10
while growth in demand for TV sets
of all types will more double, from
4.6 per cent to 9.7 per cent annually
in the same period. Demand for white
goods like refrigerators and washing
machines will rise less dramatically.
For consumables like soaps and shampoos,
however, demand growth is expected
to taper off - in the case of shampoos,
this will fall from around 21 per
cent in the 1995-96 to 2001-02 period
to around 11 per cent annually between
now and the end of the decade. Much
of the increased demand, according
to Dr Sanjay Dwivedi, a key member
of the team that worked on the project,
is not so much demand from existing
households in various income groups
as it is the one emanating from the
migration of households into upper
income groups. NCAER's sample shows,
for instance, that just two per cent
of those with a family income of less
than Rs 90,000 per annum owned a motorcycle
in 2001-02. In the income group above
this, that is those earning between
Rs 90,000 and Rs 2 lakh a year, the
number owning motorcycles is as high
as 15 per cent. And in the Rs 2-5
lakh income earning households, around
29 per cent owned motorcycles. The
same is true of most other categories.
Naturally, then, as families move
up the income ladder, their consumption
habits change dramatically, giving
rise to a more than expected (based
on the usual GDP growth figures, that
is) surge in demand. NCAER has earlier
forecast that, even if India's GDP
grows by around 6.75 per cent per
annum till the end of the decade,
the income demographics will become
unrecognizable. In 1995-96, 80 per
cent of Indian families earned less
than Rs 90,000 per annum, this fell
to 72 per cent in 2001-02 and will
further fall to 51 per cent by the
end of the decade. Just three per
cent of families earned between Rs
2-10 lakh in 1995-96, this doubled
by 2001-02 and is forecast to rise
to 13 per cent by the end of the decade.
Those earning over Rs 10 lakh, around
0.2 per cent of the population in
2001-02, will rise to 1.7 per cent
by the end of the decade.
Courtesy:
Business Standard: June 20, 2005
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92
Indian Women Among Nobel Nominees
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Ninety-two
Indian women, who work at the grassroots
level for justice, rights and good
governance, are among a group of 1,000
women from around the world nominated
for this year's Nobel Peace Prize.
The Indian nominees include those
who have been fighting for justice
for the victims of the Bhopal gas
tragedy and a young woman from the
North-East who has been on hunger
strike for several years to protest
draconian laws. There are 16 women
from neighbouring Bangladesh, 9 from
Nepal, 12 from Sri Lanka and 29 from
Pakistan, according to Kamla Bhasin
of the South Asian Network of Gender
Activists and Trainers. ``We officially
submitted names of 1,000 selected
women from across the world to the
Nobel Committee in Oslo in February
25 to be given the Nobel Peace Prize
collectively, because women's peace
work has not been recognised, valued
and celebrated,'' said Ms. Bhasin,
coordinator of the association in
South Asia.
Courtesy:
The Hindu, June 18, 2005
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First
CNG Train Chugs Out
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And
now a CNG train in the Capital. The
first of its kind in the world, the
Northern Railways (NR) has put on
rails a DMU (Diesel Multiple Unit)
engine being run on environment friendly
fuel Compressed Natural Gas. A railway
source said as of now, a four-compartment
DMU was being run on a trial basis
within the confines of Capital. The
prototype CNG railway engine was developed
in the Shakurbasti Railway Locoshed
and to promote the environment friendly
engine, Indrapratha Gas Ltd provided
CNG for the engine free of cost during
its trial. "The CNG DMU can be used
only within the limits of metropolitan
sub-urbans like Delhi and Mumbai where
the fuel can be easily accessible.
NR is venturing to use the CNG DMU
in NCR region where there is no electrification,"
said the official. The engineers of
Indian railways are trying their best
to develop the main engine which would
be able to pull 12 coaches in future
making India the first to run a CNG
train. The NR had even made attempts
to develop the CNG DMU last year but
it could not prove its worth. However,
the successful trial run started last
month when it was brought on Open
Line after rectifying the technical
glitches. Technically, the CNG engine
was re-modelled in an existing DMU
engine making it functional using
both the fuel. The prototype engine
at present is using CNG and Diesel
in the ratio of 50:50 but later it
would be converted to 70:30. With
the use of CNG as a fuel the railway
expects to save crores of rupees.
The cost of CNG which is Rs 16 a Kg
is about half the rate as compared
to diesel which is approximately Rs
30 per litre. The railways purchase
about 200 crore litres of diesel annually
each at a cost of about Rs 5,000 crore.
Courtesy:
The Pioneer, June 16, 2005
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Lord
Swraj Paul is 6th Richest Asian in
Britain
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NRI
industrialist Lord Swraj Paul is the
sixth richest Asian in Britain with
a wealth worth 275 million pounds,
according to a new list. Caparo Group,
founded by Lord Paul has had an exceptional
year, according to Success 2005, a
new business magazine which listed
him as the sixth richest Asian in
Britain. ''Lord Paul, an innately
modest man who does not flaunt his
wealth, shows how barriers can be
broken and is an example of how to
reach the top of the establishment,''
it said. Lakshmi Mittal, chairman
of Mittal Steel who is worth 14.8
billion pounds, has been left out
of the list which is headed by Mike
Jatania and family who are in cosmetics
and beauty products. They are worth
600 million pounds. Vijay and Bhikhu
Patel, who are into pharmaceuticals,
are listed as second with a wealth
worth 450 million pounds. The third
richest Asian in Britain, according
to the list, is Gulu Lalvani with
assets worth 400 million pounds. Sir
Gulam Noon, MBE, founder of the Indian
take-away Noon products, is the 16th
richest Asian worth 100 million pounds.
Kartar Lalvani, founder of Britain's
first specialist vitamin supplement
company vitabiotics is the 39th richest
Asian with assets worth 50 million
pounds.
Courtesy:
The Indian Express, June 11, 2005
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This
Indian Helps Google to thrive
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In
January 1998, Larry Page's Stanford
dorm room used to double up as Google's
data centre and Sergey Brin's room
served as the business office. It
so happened that Ram Shriram, a 20-year
Silicon Valley veteran and Netscape's
sales honcho were visiting the Stanford
campus, and legendary professor Jeff
Ullman suggested he check the young
duo's doctoral project. Shriram conducted
what he calls "a blind taste test"
and was favourably impressed. However,
he didn't bother to look beyond that
until the Google duo called him back
later in September. Brin and Page
by then were planning to move to a
larger office - a Menlo Park garage,
to be precise - and Google was already
attracting 10,000 search queries a
day. Shriram decided to throw his
weight behind the duo and invested
in it. Shriram says, "I didn't have
a premonition of things to come. I
didn't know about the business model,
but realised that it was so much better
for the consumer in searching the
web and that's often the first sign
of success." Success can be pretty
much of a crap-shoot, where luck plays
a fair role. As an investor there
are way too many unknown facts in
a company's early life to make all
the right decisions. And it's there
that the character of the entrepreneurs
comes under the microscope. The Google
duo, he says, "We are obviously intelligent,
smart young men, but more importantly
were committed, passionate people
and had a very long-term view." He
would go on to invest an estimated
$1.2 million, cornering 5.1 million
shares in Google. At presstime, the
nine-month-old listed stock of Google
was trading at $286 a piece. You do
the math. Sherpalo - sherpa from Palo
Alto - and has invested in another
dozen start-ups like Friendster, Plaxo,
24/7 Customer and Elance, handholding
them to climb the peak of the business
world - Mt Nasdaq. He, however, doesn't
like to be characterised as a venture
capitalist or an angel investor; he
prefers calling himself a 'mentor
capitalist'. During the early 1990s,
Shriram was among the first sales
executives at Netscape and is credited
for producing well over half of Netscape's
1996 annual revenue of $346 million.
Later he joined Junglee as president
and moved on to sell the company and
join Amazon as head business development.
Courtesy:
The Economic Times, June 10, 2005
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Indian-Origin
Girl to Take Part in Global Young
Leaders Meet
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Dubai-based
Indian girl Sumaiyya Shersad has been
selected to participate in the Global
Young Leaders Conference (GYLC) to
be held from June 12 to 23 in the
US. Shershad will be among 400 outstanding
students from all over the world participating
in the conference to be held in Washington
and New York, according to a release
from the Congressional Youth Leadership
Council (CYLC), which sponsors the
meet. The conference is a unique leadership
development programme for secondary
school students from around the world
who have demonstrated leadership potential
and scholastic merit. At the global
meet, whose theme is 'The Leaders
of Tomorrow Preparing for the Global
Challenges and Responsibilities of
the Future', Shershad, who is the
granddaughter of Minister of State
for External Affairs E Ahamed, will
interact with key leaders and newsmakers
with powerful influence over politics,
finance, culture and diplomacy. The
programme will have a carefully designed
curriculum, which includes thought-provoking
simulations that build leadership
skills. GYLC culminates with global
summit in which students apply what
they have learned throughout the conference
as they debate, negotiate and build
coalitions dealing with issues such
as foreign aid, global warming, cooperative
efforts in space, terrorism and human
rights.
Courtesy:
Hindustan Time, June 09, 2005
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NRI
Boy Crowned Spelling Champ
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Indian
American Anurag Kashyap, from Poway,
California, has won the 78th Scripps
Howard National Spelling Bee competition.
Anurag, 13, bagged the prize by spelling
correctly the word "Appoggiatura"
(which means short note placed before
a longer one). Interestingly, he had
never used the musical word before
he cracked it to land on top of the
spelling world in Washington on Thursday.
Another Indian American, Samir Sudhir
Patel, 11, from Texas, had to settle
for a tie for second place. He was
the youngest of all in the final excruciating
rounds and lost the championship when
he misspelled "roscian." Anurag, who
has competed in spelling bees since
he was in the fourth grade, has also
participated in state-level Math counts,
Science Olympiad competitions and
California Geographic Bee. This was
his second attempt at this competition
after he tied for 47th place in the
2004 national finals. A composed Anurag
literally cruised through the toughest
words. Apart from the word that clinched
the title, he correctly spelt cabochon,
Priscilla, oligopsony, sphygmomanometer,
prosciutto, rideau, pompier, terete,
tristachyous, schefflera, ornithorhynchous,
agio, agnolotti, peccavi, ceraunograph,
exsiccosis and hodiernal. "But it
was not so easy", he said while receiving
his trophy. Lost for words, he could
just say," it is just amazing". His
second time here prepared him well
for the bee and he had resolved to
"study harder and win it" Anurag will
take home $22,000 in cash, a $5,000
college scholarship, books and a $1,000
savings bond.
Courtesy:
The Times Of India, June 04, 2005
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Yoga
Popular, Ayurveda Gaining Ground
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As
a by-product of Yoga becoming highly
popular across the United States of
America, Ayurveda too seems to be
slowly but firmly gaining ground.
What could be the best testimony to
this than the mere fact that nearly
80 people would be attending a three-day
comprehensive seminar-cum-workshop
on this Indian system of medicine
from June 3 at the City of Orange,
some 32 miles south east of Los Angeles.
"A few years ago, we could not have
thought of having such a large number
of people registering for an introductory
three-day course on Ayurveda. But
now this is a reality," Vandana Tilak,
an Ayurveda practitioner in California
told HindustanTimes.com. She is organising
the event. Attributing this sudden
increasing popularity of Ayurveda,
she said: "The entire credit goes
to Yoga. It has become so popular
that Yoga is now visible in nook and
corner of this country. As a result,
people now have now become more curious
about Ayurveda. Many of them have
even started taking it as an alternative
or supplementary to the main system."
Among the participants at the three-day
conference include physicians, yoga
instructors, therapist, masseurs and
even quite a few health conscious
people, who want to give it a try,
she claimed. Classes would be taken
by Vasant Lad, who came to the U.S.
way back in 1984 as founder director
of Ayurveda Institute in New Mexico.
Courtesy:
Hindustan Times, June 04, 2005
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India's
First Aircraft Showroom in Bangalore
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American
company Indus Aviation has launched
its aviation complex, promoted as
India's first ever aircraft showroom,
here and plans to manufacture light
aircraft in India at "highly competitive
costs" for export to the US and other
countries as well as for use in India.
Indus will also facilitate the acquisition
of personaland business aircraft,
aero engines, avionics and other aviation
parts and materials, and maintenance
and support of small aircraft flying
in India, the company said in its
website. Indus was started in 1994
by Ram Pattisapu, managing director,
who was born in India and immigrated
to the USA with his family at the
age of 13. He is a US citizen, having
lived there for over 35 years. The
business plan for Indus involves the
manufacture of light (two and four
passenger) aircraft for flight training
and personal use at "extremely competitive
prices", it said. "We aim to become
the leading manufacturer of light
aircraft for personal use and training
worldwide," the company said. It said
Indus has formed a strong working
partnership with Taneja Aerospace
and Aviation Ltd (Taal), a private
sector manufacturer of aviation products
and aircraft in India. While the manufacturing
plant for parts and sub-assemblies
for Indus are located within the facilities
of Taal, the final assembly of aircraft
for markets outside India are accomplished
in Indus' 11,000 square foot hangar
facility at the Dallas executive airport
in the US, it said.
Courtesy:
The Financial Express: June 01, 2005
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India
Rocks The World With Aloo Tikki Burger
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Across
the continents of Africa, the Middle
East and South Asia, a new label is
quietly making its presence felt in
shops. The label is 'Made in India',
sported by various products across
categories. Of course, the tag has
been making global waves for a decade
or so, with information technology,
BPO and even Indian companies featuring
in the elite group of Fortune 500.
But the difference, in this case,
is that the label is on products developed
by Indian subsidiaries of MNCs, which
have been rolled out across markets.
Not impressive enough? Here's the
clincher. They are products, customised
for India, which now have markets
across the world. It's the R&D and
innovation prowess of the Indian operations,
which is enabling these companies
to shift the scales of the localisation-globalisation
balance.
Courtesy:
The Economic Times, June 01, 2005
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