Monthly Archives: November 2013

Biocon No 6 among top 20 global Biotech employers

Bangalore : 

Biotechnology major Biocon today said it has been ranked No 6 on the annual global ‘Top Twenty Employers’ list for the Bio-Pharma sector by the Science magazine.

Science magazine has ranked Biocon at No. 6 on the annual global ‘Top Twenty Employers’ list for the Bio-Pharma sector, a significant jump from No. 19 in 2012, the company in a release said.

(Biotechnology major Biocon…)
(Biotechnology major Biocon…)

According to the 2013 Top Biotech and Pharma employers’ survey, the three key attributes associated with Biocon are socially responsible, clear vision and quality research, it said.

source: http://www.articles.economictimes.indiatimes.com / The Economic Times / Home> News> News by Industry> Healthcare-Biotech / by PTI / October 25th, 2013

‘King of Good Times’ Mallya confident of India hosting F1 Grand Prix in 2015

Indian business magnate and the co-owner of Formula One side Force India, Dr. Vijay Mallya has said he is confident that there will be a Grand Prix in India again in 2015.

Dubbed the ‘King of Good Times’ for the playboy style of his younger days and his ownership of Kingfisher breweries, Mallya made the statement following Indian motorsport head Vicky Chandhok’s fears that F1 may never return to India despite promises to the contrary for 2015.

According to CNN, Mallya is confident that there will be an Indian GP in 2015 with 2014 given a skip because of scheduling issues (three new GPs scheduled next year), adding that he has tried to persuade his ‘good friend’ F1 chief Bernie Ecclestone  that India should not be ignored as it has a good market with its economic opportunities.

The report mentioned that Ecclestone shelved the Indian GP, to be held at the Buddh International Circuit in Greater Noida this year, for 2014 because of increasing costs due to rupee depreciation and tax issues faced by the teams.

However, Mallya admitted that there might be need of a new approach from the Indian government to secure the event’s future, adding that although the Delhi Grand Prix is staged by the track owners without any government involvement, he wishes that the Indian government would force some support to F1 to boost its own image.

Stating that India finally holding a Grand Prix was a ‘dream come true’ for him, Mallya further said that although India has its fair share of challenges, there is no drought of potential fans despite cricket holding the No.1 position for which there is still a hope for the sport in the country.

source: http://www.business-standard.com / Business Standard / Home> News-ANI> Sports / by ANI / Washinigton – October 25th, 2013

Mystery bidder buys Tipu’s Sword for Rs 9.7 crore

TipusSword03nov2013

London:

Sotheby’s inaugural auction of Art of Imperial India here has attracted bidding from around the globe to hit a whopping sales figure of Rs 182,598,304.

The star lot of the sale, an extremely rare 18th century enamelled and bejewelled gold tray and casket (paan-daan), sold for Rs 65,819,539 (662,500 pounds more than double its pre-sale estimate of 200,000-300,000 pounds).

Over 90 exquisite lots reflecting the broad artistic traditions of Imperial India came up for this first-ever sale by the world-famous auction house, encompassing almost 500 years of every kind of decorative art produced in the region.

“The auction captured the attention of collectors from around the world, with the pieces attracting bids from institutions and private collectors alike,” said Benedict Carter, director and head of auction sales for Middle East at Sotheby’s.

“Interest in Indian works of art has been growing in recent years and the prices achieved at Wednesday’s auction bear testament to the increasing demand for desirable works relating to India,” he added.

A group of 11 works relating to Mysore ruler Tipu Sultan were among the prized collection, selling for a combined amount of Rs 38,689,470. Tipu’s sword, fitted with an English blade, was bought for Rs 97,85,999 by a mystery bidder on the phone.

An 11-bore silver-mounted flintlock duck gun from the armoury of the king fetched 88,900 pounds and a sword taken as booty at the Siege of Srirangapatna, of Eastern-European manufacture, sold for the same amount as well.

Among some of the other highlights included a gem-set gold pocket watch with a painted cover depicting Maharaja Mahendra Singh of Patiala, which sold for 62,500 pounds and a Mughal jade-hilted dagger (khanjar) and scabbard, which fetched double the estimate amount of 20,000 pounds.

source: http://www.deccanchronicle.com / Deccan Chronicle / Home> News> Current Affairs / by PTI / October 11th, 2013

Bangalore: Here’s an index to judge real estate sentiments

The Century Real Estate Research Initiative (CRERI) run by Indian Institute of Management Bangalore (IIMB) has developed the first robust leading indicator of real estate sentiments beginning with the Indian residential market.
Research on real estate in India is in its infancy in spite of it being a major asset class estimated to contribute about 6.3% of India’s GDP in 2013 through private residential investment and consumption spending on housing services.

The National Housing Board’s RESIDEX and RBI’s Housing Price Index (HPI) are currently the only available indexes tracking the Indian Real Estate Markets. There is, however, no credible and impassionate tracking of the sentiment of residential real estate players in India currently and IIMB-CRERI aims to fill this gap.

The first pilot survey was carried out in Q2 2013. Below results are a comparison of Q2 and Q3 survey results.

Survey results over the last two quarters indicate that home buyers across the nation expect real estate prices to fall over the next six months. The aggregate Housing Sentiment Index (HSI) dropped to 93 in Q3 2013 from 117 in Q2 2013, a drop of over 20%. Buyers in Bangalore expect prices to marginally increase (HSI 106), while in all the other seven cities surveyed, buyers expect prices to fall with Mumbai having the lowest HSI score of 81. Hyderabad experienced the steepest sentiment drop of 34% Q/Q owing to the Telengana issue.

Sentiment IndexOne is not only influenced by individual capabilities like earning potential and disposable income, but also by external factors like availability of home loans, strength of the job market, government regulations and tax concessions. Hence, gauging the sentiment and moods of buyers will also lead to an understanding of the health of the economy and the role that regional and national governments play.

Since the purpose of the HSI index is to capture leading sentiment, diffusion index has been chosen as the ideal calculation methodology. Diffusion index methodology is used to accurately measure economic turning points. A number above 100 indicates that respondents vote in favour of price increase and a value below 100 indicates price decrease; 100 being the neutral value.
HSI scores from quarter to quarter will hence track buyer sentiment changes across time.

Numbers talk
Research on real estate in India is estimated to contribute about 6.3% of India’s GDP in 2013
The Housing Sentiment Index (HSI) saw a drop of 20% from Q2 to Q3 in 2013.

Hyderabad experienced the steepest sentiment drop of 34%, owing to the Telangana issue.

source: http://www.dnaindia.com / DNA / Home> Bangalore> Report / by DNS Correspondent / Agency:DNA, Place:Bangalore / Thursday – October 24th, 2013

Achyuta Das: A true Sadhu

SriAchyutaDasBF03nov2013

by Mysore Prabha

The doyen of Harikatha world, Sri Achyuta Das, is no more. In his passing away, he has left a void probably never to be filled.

Harikatha is one of our ancient, traditional art forms where philosophy and life values are taught to people in a musical form. My father K. Srikantiah, time and again says, “One can with effort become a singer, a dramatist, an orator, a scholar, a humorist, a linguist. But only a combination of all these qualifications added to excellent memory can make a person a Harikatha Vidwan.”

Such is the depth and merit of our Harikatha Art. This dying art was kept alive, thanks to a few scholars like Sri Achyuta Das. His Harikathas would have flashes of Karnatak music, Hindustani music, bhajans, humour, bhakti, satire, navarasas and worldly knowledge. No wonder it would reach out to a large number of people and attract a huge fan-following. Achyuta Das performed in various languages like Kannada, Marathi, Konkani, Tamil, Telugu, etc. Listening to three hours of his Harikatha would be equivalent to reading 300 hours of various books. That was the sort of knowledge that a listener would gain!

Achyuta Das was a very close friend to my father. His Harikatha performance was a regular fixture in our annual Sri Ramanavami Music Festival at Mysore for the past 40 years. He was a ‘Sadhu’ in the true sense of the word. Such was his affection for my father that he himself, would call us around December-January, give a date for his performance for our festival and then start off on his far-flung tours. And on the day of his programme, without any prior intimation, he would be at the venue of the programme in Mysore promptly at 6 pm, be it from Bangalore, Hassan, Maharashtra, Andhra, or even a place as remote as Chambal Valley! He used to tour all over India in his well-equipped caravan-like orange coloured van. He always had a kind word, a blessing, an encouragement to anyone and everyone who came to him.

Sri Achyuta Das has without doubt led a worthy life – touching a lot of lives with his discourses. It was our proud privilege to honour this saintly Vidwan during our silver jubilee Ramanavami Festival at Mysore in the year 1994. May his soul rest in peace.

Remembering Santa Bhadragiri Achyuta Das

by K. Vijay Kumar

With great sadness, I read about the demise of Harikatha Vidwan, exponent of this age old Katha Keerthana, Santa Bhadragiri Achyuta Das, only after reading Chiranjiv Singh’s fortnightly column in Vijaya Karnataka on Oct. 26, but not from any of a few prominent newspapers that I read daily.

I was so fond of listening to him, I would rarely miss any of his Harikathas from the days of his week-long programmes every year at Geetha Mandira in Halladakeri years ago.

Now I would like to recall how I had invited him to ATI somewhere in 1992 or so when Chiranjiv Singh was Director and I a Faculty Member, to address my Department’s (Information and Publicity) probationary officers who were undergoing a job course. I had suggested Achyuta Das to speak on effective communication and ethics in administration, as I had considered Achyuta Das himself a very effective communicator.

Our probationary officers were very apprehensive to listen to a Harikatha Vidwan. But, the Director Chiranjiv Singh himself sat through the session along with the officers.

It was a new experience to probationers to listen to him, who at the end wanted Das to come again to address them. After the session, Chiranjiv Singh took Achyuth Das to plant a sapling in the ATI, which is there even today as a remembrance of this great Harikatha Vidwan. May His Soul rest in peace.

source: http://www.starofmysore.com / Star of Mysore / Home> Feature Articles / October 24th, 2013

School gymnastics tourney set to commence 22nd October

The under-construction Haradi Ramanna Shetty Memorial Indoor Gymnastics Stadium at Shri Bal Maruti Samstha campus, Kille in Dharwad, is all set to hold the Karnataka State Schools under-14 and under-17 gymnastics competitions for boys and girls from Tuesday (October 22).

The two-day event will be jointly organised by the district administration, Zilla Panchayat, Department of Public Instructions and Dharwad District Olympic Association.

District Olympic Association president P H Neeralakeri said Dharwad is hosting the event for the eighth time and for the second consecutive year.

Nearly 500 competitors from 15 districts will take part. Six events – floor exercise, table vault, parallel bars, horizontal bars, rings and pommel horse would be conducted for boys. Girls will have four events – floor exercise, table vault, balancing beam and uneven bars.

Siddharudha Kainadagu and Amruta Mudrebett of Dharwad and Ujwal Naidu of Bangalore, who won medals in the National School Games last year, would be the main attraction at the competitions.

Shri Bal Maruti Samstha chairman Arun Ramachandra Joshi said the new gymnastics stadium which has 70×140 feet space, would be completed at `45 lakh and `25 lakh has been spent already.

District and Minister for Basic Infrastructure and Information Santosh Lad will inaugurate the event at 9.30 am in the presence of former CM Jagadish Shettar. MLA Arvind Bellad will preside.

District Physical Education Officer M N Narasappa, District Olympic Association secretary B S Talikoti, senior coach V G Murtugudde and others were present at the press meet.

source: http://www.newindianexpress.com / The New Indian Express / Home> States> Karnataka / by Express News Service – Dharwad / October 21st, 2013

High on hibiscus

A yellow hibiscus  / Photo: M. Murali / The Hindu
A yellow hibiscus / Photo: M. Murali / The Hindu

Add a splash of colour to your garden with these brightly-hues beauties. These dramatic tropical beauties can be grown in large containers or in the ground, and they thrive in Bangalore’s climate.

In the ’80’s we could only view the exotic and brilliantly-coloured hybrid hibiscus, in the hot house in Lalbagh. On certain days, the research section was opened to the public and we oohed and aahed over the beautiful, large blooms enviously. Today the plants are sold for a reasonable price in nurseries across the city.

Two varieties are available — the garden variety and the hybrid one. The garden variety hibiscus is the one we are all familiar with from our childhood – the simple hibiscus flowers on large bushes that grew as high as our houses. They usually come in only a single solid color, or possibly a mix of two colours. The flowers are small and not very dramatic to look at. In contrast, hybrid hibiscus bushes usually don’t grow as big or as vigorously as the garden variety, but the flowers are much more spectacular. The tropical hybrids produce large multi-coloured flowers. There is nothing more rewarding than the beautiful blooms these exotic plants produce.

A personal favourite is the blue, lavender, pink and red hibiscus called Hollywood Starlet. It blooms with large, multicolored 7-9″ ruffly flowers in tangerine, lavender, and pink with a dark red eye. The bush is full, lush, and medium sized. Another beauty is soft, pretty and ruffled one called Dreamy Morning. Its large 7-9″ single flower glows in pastel yellow, orange and pink, and a two-toned red eye. Hot Babe has large, ruffled 7-9″ flowers in shades of orange with a bold fuchsia pink eye. These dramatic tropical beauties can be grown in large containers or in the ground, and they thrive in Bangalore’s climate.

“It is one of my favourite flowers and they come in such pretty colours,” shares Snehalatha Naidu who has them growing on her rooftop garden in Fraser Town, in pots. “I could never anything shoe-like about them and wondered why they were called shoe flowers. Then I found out that they were used to shine shoes in certain parts of India. The white ones are medicinal and used a lot in hair oil. These flowers are also edible and used in salads.”

They’re easy to grow. All they need is sun, soil fed with mulch, and pruning once in a while.

Hetero colored Hibiscus flower on a same plant. / Photo: G.N.Rao. / The Hindu
Hetero colored Hibiscus flower on a same plant. / Photo: G.N.Rao. / The Hindu

Fausto Cardozo who lives in Koramangala says, “In Egypt (and perhaps elsewhere) they make tea out of dried hibiscus flowers, we bought a packet when we went there.”

“In my house in HSR Layout, I have around ten varieties and each flower is huge and colourful. They are simple to cross breed and bring about an amazing range of colours and flowers. Relatively disease free, the plant is easy to grow in our Bangalore gardens with our climatic conditions,” remarks Dr AN Yellappa Reddy the former secretary, department of environment and ecology.

source: http://www.thehindu.com / The Hindu / Home> Features> Habitat> Gardens / by Marianne de Nazareth / October 21st, 2013