Apple, Infosys among top innovators globally: KPMG survey

Bangalore:

Apple ranked as the top innovator globally, while in India it was  Infosys.  The Indian IT bellwether, which has been attracting flak for its performance in recent months, was identified as the  innovation leader in a global tech innovation survey done across Americas, Asia Pacific (ASPAC), Europe, the Middle East and Africa (EMEA) by KPMG.

About 44% of the survey respondents felt Silicon Valley’s famed position as the innovation center may be challenged, and the world’s technology innovation center would shift from US to another country in the next four years. Almost 30% of the 668 business executives in the survey said China and the US show the most promise for disruptive breakthroughs with global impacts, while 13 percent cited India.

“”The pace of technology innovations today is happening at unparalleled speed and China’s projected rapid rise to prominence as a technology leader would be another example of this,” said Gary Matuszak, partner, global chair and US leader for KPMG’s Technology, Media and Telecommunications practice.

“China’s anticipated parity with the US tech sector shows the significant challenge facing the US to retain its position as an innovation leader. Other countries will continue taking steps to boost technology innovation and to attract tech entrepreneurs,” he added.

source: http://www.articles.economictimes.indiatimes.com / by N. Shivapriya / ET Bureau / June 28th, 2012

South Korean youth delegation in city

India-South Korea Youth Exchange programme

Mysore, June 28

A South Korean Youth Delegation of 20 members including 10 women visited the Amba Vilas Palace here this morning.

The visit is as part of the ‘India-South Korea Youth Exchange Programme-2012’ organised by the Union Ministry of Sports and Youth Affairs in association with District Nehru Yuva Kendra (NYK).

The delegation was accorded a warm reception at the Palace Board office. They were presented with Mysooru Peta and white T-shirts with the insignia ‘Welcome to Mysore’.

Deputy Commissioner P.S. Vastrad, Mysore City Corporation Commissioner Dr. M.R. Ravi, City Police Commissioner K.L. Sudheer, Palace Board Deputy Director T.S. Subramanya, NYK Delhi Convenor Prakash Vaidya and District NYK Co-ordinator M.N. Nataraj were present.

Briefing the delegation on places to visit in and around city, Vastrad pointed out that such youth exchange programmes would strengthen cordial relationship between the two countries. He lauded the city as a cultural capital of State with a lot of greenery and innumerable heritage tourist spots to visit. He disclosed that the city was usually chosen as a pilot for several national projects.

The delegation members were shown paintings of Dasara festival and those depicting the days of the Maharajas. The members also enjoyed riding on bicycles in the premises of the Palace.

Lok Sabha member R. Dhruvanarayan greeted the delegation and left. Former Corporator D. Nagabhushan and Mysore Chamber of Commerce and Industry President S. Sudhakar Shetty were also present.

The delegation members later left on a trip to visit Chamundi Hill, Srirangapatna and Brindavan Gardens at KRS.

source: http://www.StarofMysore.com / General News / June 28th, 2012

Wadiyar moots URSU University

Royal reception to Wadiyar couple

Caption: ROYAL SALUTE: The scion of the Royal family Srikanta Datta Narasimharaja Wadiyar and his wife Pramoda Devi Wadiyar being accorded a royal welcome on their arrival at Ursu Boarding School to attend a function yesterday.

Mysore, June 25

Based on the achievements of IT czars N.R. Narayana Murthy and Azim Premji, who have displayed to the world that anything could be achieved by acquiring knowledge, we are planning to launch an Ursu University over the next five years, declared scion of the Royal family Srikanta Datta Narasimharaja Wadiyar here yesterday.

Speaking at a function organised for resumption of hostel facility at Sri Chamarajendra Ursu Boarding School at Krishnaraja Boulevard in Chamaraja Mohalla in city under the auspices of Sri Jayachamaraja Ursu Education Trust, he said that efforts would be made to provide quality education to students of schools and colleges coming under the jurisdiction of the Trust to achieve the aims of the royal family’s commitment to provide quality education to people.

Wadiyar further said that the Trust had been launched in the 19th century keeping in line with western countries that established such Trusts to provide education to their people and added that the Trust would be developed to suit the requirements of modern day education.

Dwelling upon the concerns of the royal family to the people, he said that the Trust had plans to utilise latest technology for the purpose of educating people.

School not closed

Dismissing reports that the 75- to-100-year-old school had been closed, Wadiyar claimed that the school had been temporarily shut for repair works such as providing underground drainage and water facilities and urged people not to be carried away by rumours. He also said that steps had been taken to curb illicit activities in the premises owing to lack of adequate security.

Wrong information

Blaming the media for reporting false information about the school, Wadiyar said that a case had been pending in a court of law between the Chamaraja Ursu Education Trust and the University of Mysore. He added that he had personally donated Rs. 20 lakh when the Trust ran short of cash besides claiming that the Trust belonged to the royal family and not any one else.

Trust President Pramoda Devi Wadiyar presided over the function in which members of the royal family Meenakshi Devi, Kamakshi Devi and Indrakshi Devi and Trust Vice-President Bharathi Urs were present.

Palace is not 100-years-old

Meanwhile, Wadiyar said that the Mysore Palace was not 100-years-old and that it was not proper to celebrate its centenary now.

Speaking to media persons, he said that the works on the present Palace which began in 1896 were completed in 1943 and claimed that he had photographic evidences that the works had not been completed in 1912 as being reported in the media of late. I have already clarified the matter with the Palace Board in the board meeting, he said.

However, Wadiyar refused to react when a reporter asked him whether he would agree if the Palace Board came out with a centenary celebration of the earlier or the last ruler of Mysore Sri Jayachamara-jendra Wadiyar.

source: http://www.StarofMysore.com / General News / June 25th, 2012

Retro and loving it

Suparna Goswami Bhattacharya & Supriya Ghorpade l Bangalore
It is 10.30 on a sunny morning in June. A middle-aged couple seated pretty in their BMW are hunting for a parking spot. They are out for some scrumptious mutton stew and appam—something they have been having almost every weekend at this British-style cosy cafe, Koshy’s, for two decades.

For those well acquainted with Bangalore, this is a familiar scene outside the eatery.

“The other day I met a regular customer, who usually comes in his limousine, on a bike. I asked him what happened to his car, to which he replied that he had to come on his ‘jet plane’ (two-wheeler) to get parking at Koshy’s,” jokes Santosh Koshy, who runs Koshy’s Restaurant along with brother Prem Koshy.
The anecdote signifies the place Koshy’s holds in the hearts of many Bangaloreans. What started off as a bakery outlet in the 1940s has today become an iconic eatery.

Looking back, unemployment was the beginning of good things to come for the founder, PO Koshy. Having lost his job as a senior executive with a private bank when it shut its doors, Koshy carved out a lucrative career in the food industry by starting one of India’s first bakeries.

It later went on to become a department store on MG Road, which now houses the showrooms of Kelvinator and Samsung. In 1952-53, with the backing of the warden of Bishop Cotton School, Rev Cannon Elphick, Koshy leased a plot of land from St Marks Cathedral and built the premises where Koshy’s now stands on St Marks Road. The eating house was initially called Parade Cafe.
Fast forward to the third-generation restaurateurs, and in keeping with the times, Koshy’s has revamped its ‘Jewel Cafe’ while still maintaining its old-world charm. “My father was very apprehensive of expanding the cafe by eating into the department store space. I had to fight to get my way,” says Santosh.

The menu has more than 800 items on its list with old favourites such as fish and chips, mutton stew and a traditional English breakfast of sausages, eggs and bacon still finding a prominent place.

“During peak hours, the restaurant is nothing short of a fish market,” he says. “Sometimes customers, while talking among themselves, are not in control of their emotions. They are so regular at Koshy’s that they have started treating the place as their home. Our non-air conditioned section is very popular. We have old-timers who come and sit for hours reading a book over Koshy’s coffee, but there is another section of customers who would want a more sophisticated, quiet environment to have a date or business meetings over lunch.”

This is the customer base Jewel Cafe caters to today. “Yes, dining in this section would mean your bill is slightly on the higher side, but we cannot help that—the overheads are larger,” he says.

Santosh insists the company has never increased its profits beyond 20%. “My grandfather always insisted that we should not treat Koshy’s as our business, but as a means to service people. I also come from that school of thought. People may term this as conservative but if we have survived this far, we will surely survive in the coming years as well,” he says.

This partly explains why Koshy’s bakery arm has not been able to sustain competition from the likes of Daily Breads and Spencer’s.

“Daily Breads has done well to sustain itself. Unfortunately, we could not do it,” Santosh says.

It has not been all praises for the brand. The family has had to fight off the way people sometimes perceive Koshy’s. “We often hear that despite us starting way ahead of other brands, today we are lagging behind in the race,” he says.

Expansion, however, is on the cards for the group with another fine-dining restaurant opening in Koramangala soon.
“Our customer base is spread all across the city. With the traffic and parking constraints these days, they find it hard to come all the way into town for a meal at Koshy’s,” Santosh says. “We’d be able to cater to more customers by expanding our footprint in other parts of the city.”

As it usually happens in family businesses, the third generation faced differences of opinion in the way business had to be run. “Those were crazy days. For instance, I wanted to change the way payments were made to suppliers. Instead of locking their payments for days, I felt it was best to clear the accounts on a daily basis,” Santosh says.

Even the equation with employees became more open. “I discouraged them from wishing me or saluting me every time they saw me. I told them to do their work sincerely so that they could go home on time. These workers have their own problems, right from alcohol addiction to womanising, but that is strictly after their work time. The time they are here, they are under my custody, and we take personal care and interest in them,” he says.

Bangalore has seen a lot of changes, some may like it, some may not. However, there are things that never grow old, despite their retro style. The city has hundreds of such things that give it character and life. Koshy’s, many will agree, is one such place. Just like namma Bengaluru, it welcomes both old and new.

source: http://www.dnaindia.com / DNA – Daily News & Analysis / Home> Bangalore> Report / by Suparna Goswami Bhattacharya & Supriya Ghorpade l  Place: Bangalore / Agency: DNA / Monday, June 25th, 2012.

Vijay Mallya on cloud nine after team’s best performance of season

Ferrari’s Spanish driver Fernando Alonso, Caterham F1 Team’s Finnish driver Heikki Kovalainen, Ferrari’s Brazilian driver Felipe Massa and Force India’s German driver Nico Hulkenberg drive at the Valencia Street Circuit – AFP

Vijay Mallya was over the moon on Sunday as his Formula One team Sahara Force India enjoyed its strongest performance of the season at the European Grand Prix in Valencia. German Nico Hulkenberg finished fifth and Scot Paul Di Resta came home seventh as the Indian-owned team earned 16 world championship points.

Mallya said he was delighted to see his cars in top-10. “A thoroughly enjoyable race. It was a rollercoaster contest with many twists and turns, but I feel we have come away with the points we deserved given our performance level this weekend. Both drivers pushed hard, kept out of trouble and made their different strategies work. Paul recovered the ground he lost under the safety car and Nico had to drive most of the race without KERS, so it was an excellent performance by him,” the business tycoon added.

Mallya vowed that the team’s strong show will continue. “It has set us up perfectly for Silverstone in two weeks’ time where we will be determined to build on this momentum in our local race (the team’s factory is based in England),” Mallya added.

Hulkenberg, who posted his best rest in Formula One career, said, ” A great result for everyone in the team and for me personally. Fifth place is a great achievement after a very long and difficult race. The
two-stop strategy worked well, but the last stint was very long and it was hard to hold off the cars behind me on fresher tyres in the last few laps. So the race was a bit messy at times, but very entertaining and it feels great to come through and score such a good result for the team. We got a bit lucky with some cars dropping out, but we were in the right place to capitalise on things,” the German said.

source: http://www.DeccanChronicle.com / Home> Channels> SPORT> Motor Racing / by C. Santosh Kumar, DC / Chennai / Monday, June 25th, 2012

Hyderabad: Rs 25-lakh Bonanza from Andhra Govt for ’Golden Girl’ Mamata Poojary

Hyderabad, 24 Jun 2012:

In the middle of complaints that only cricket hogs all the limelight and only cricketers get large gifts as incentives, here is some soothing news.

Captain of the first women’s World Cup-winning India Kabaddi team Mamata Poojary and another member of the team Nagalakshmi have won prizes of Rs 25 lakh each from the Andhra Pradesh government.

The announcement was made by chief minister Kiran Kumar Reddy on Saturday, June 23.

Mamata hails from Hermunde in Karkala taluk of Udupi district and if anyone wonders what made the AP government choose her, she happens to be an employee of Railways, based in Secunderabad. Nagalakshmi hails from AP.

Recently, the AP government had announced a prize of Rs 50 lakh in appreciation of badminton star Saina Nehwal from the state. There was discontent that the government had neglected the Kabaddi achievers.

source: http://www.bellevision.com / by PTI / Hyderabad, June 24th, 2012

Event by Kalkeri Sangeet Vidyalaya, Dharwad

Why do some Hindustani vocalists and instrumentalists from certain places like Dharwad attain international fame? Take examples of Pandit Bhimsen Joshi, Dr. Gangubai Hangal, Pandit Mallikarjun Mansur,Pandit Basavraj Rajguru,Pandit Kumar Gandharva, Ustad Rahmat Khan Sitarwale, Pandit Devendra Murdeshwar or the present generation – Ustad Usman Khan (now based in Pune), Fayyaz Khan Sarangia (now based in Bengaluru) and Prof Venkatesh Kumar, Jayteerth Mehundi both from Dharwad).

To get answers, do attend an event by Kalkeri Sangeet Vidyalaya, Dharwad, Supported by the French-Canadian nationals and helped by Dharwad-based Ustad Hameed Khan (grandson of Ustad Rahmat Khan), these socially and economically ignored children are taught in the ancient Gurukul system and each student is assigned a Guru. It is not difficult to find Gurus in this land of Joshis and Hangals!

This event spanning 90 minutes, by the students includes two short themes in Hindustani ragas, solo Bansuri, violin and tabla recitals will attempt to answer your questions.

Admission to these events is free.

Program Details:

Mysore Association, Bhau Daji Road, Kings circle, 400019 (Tel: 24024647)

Thursday, June 21,2012 , 7.00 p.m.

Karnataka Sangha, C.S.M.Road, Matunga Road (W) Mumbai 400 016 (Tel: 24377022/24379645)

Saturday June 23, 2012, 6.00 p.m.

For more info, visit www.ksv.org.in

source: http://www.shadjamadhyam.com / Home> submitted by Mukul / June 18th, 2012

UAS releases 15 new varieties of crops

The University of Agricultural Sciences (UAS) Dharwad has introduced 15 new varieties of crops for the farming community. UAS Vice-Chancellor R R Hanchinal said here on Tuesday that the researchers and experts of the varsity were introducing the new varieties of crops for the betterment of the farming sector and to help the farmers get high yield.

Considering that North Karnataka region has rich potential for vegetables and horticulture crops the UAS has released two new varieties of tomatoes named DMT-1 and DMT-5. The duration of these crops is 120 days and the new breed has the capacity to yield 28 tonne per hectare. This is a bushy variety with bacterial wilt resistant and the fruits are good for fresh market. Similarly, a new variety of coccinia named DRC-2 has also been released. It has capacity of yielding 67 tonne per hectare and is a long duration crop.

The scientists after years of research have developed new variety of cotton breed named DHH-263 which has a duration of 165 days and has a yielding capacity of 26 quintals per hectare. This is a superior medium staple hybrid cotton with high lint yielding ability.

A new variety of hybrid maize GH-0727 having the duration of 120 days and a capacity of getting 74 quaintal per hectare has also been released. This is resistant to turcicum leaf blight and rust, high yielding and high starch containing variety, he added.

To help the black gram growers, new variety breed DBGV-05 with a duration of 82 days and a yielding capacity of 15 quintal per hectare has been introduced.

Apart from this, the UAS has also released new variety of Cowpea named DCS-1-47, green gram DGGV-2, Niger named DNS-4, Sesame named SSD-5, two new varieties of ground nut G-2-52 and GPBD-5 with a yielding capacity of 35 quintal per hectare and soya JS 03-05 and DSB-21

Hanchinal stated that the biggest challenge before the country is to provide nutritional food to the ever growing domestic market. Hence, emphasis has been given to generate high yielding crops.

source: http://www.Business-Standard.com / Home> Economy & Policy> by BS Reporter / Chennai-Dharwad / June 21st, 2012

Karnataka NGO wins global green energy award

Mangalore, MAY 31:

The Karnataka-based NGO, Shri Kshetra Dharmasthala Rural Development Project (SKDRDP), has won Ashden Gold Award for 2012.

The Ashden awards were founded in 2001 to encourage greater use of local sustainable energy to address climate change and alleviate poverty. Ashden’s patron is the Prince of Wales.

A press release by the London-based Ashden said that the Dharmasthala-based SKDRDP was awarded the overall Ashden Gold Award of £40,000 in prize money at a meeting with the Prince of Wales in London on May 30.

Quoting the judges of the Ashden award, the release said that the project is a fantastic example of how ethically managed microfinance can deliver sustainable energy to the poor, demonstrating that providing consumer loans for energy makes sound social, environmental and economic sense.

The project provides affordable loans to families in the area, helping them buy renewable energy systems that improve their quality of life. Key to the success of this programme, which has provided nearly 20,000 energy loans, is self-help groups that help people make informed choices on what energy products they buy, it said.

Presenting the award, Dr Kandeh Yumkella, Director-General of UNIDO and Chair of UN-Energy, urged governments around the world to increase their support for clean energy pioneers. “The Ashden 2012 winners are exposing the myth that poor countries cannot stimulate growth without degrading the environment. They are demonstrating that sustainable energy stimulates green growth and new jobs, lifts people out of poverty, improves health and opens up new educational opportunities,” he said.

Dr L.H. Manjunath, Executive Director of SKDRDP, said that receiving an Ashden Gold Award was a great step in recognising that poor people need financial services to acquire sustainable energy assets. For too long, micro-credit only meant improving livelihoods. This award will redefine the scope of micro-credit, he said.

SKDRDP, which is headquartered at Dharmasthala in Dakshina Kannada district of Karnataka, has presence in 16 districts in the State. Other winners of this year’s award are: IBEKA, a community-owned micro-hydro programme in Indonesia; GIZ/INTEGRATION, a micro-hydro programme in Afghanistan; iDE/Hydrologic, an energy-saving water filter in Cambodia; and Barefoot Power, an affordable solar power provider in East Africa. SKDRDP has been selected for the overall Gold Award winner, it said.

vinayakaj@thehindu.co.in

source: http://www.TheHinduBusinessLine.com / Home> Industry & Economy> Economy / by The Hindu’s Bureau / May 31st, 2012

Minister for Education launches Ireland India Institute at DCU

The Minister for Education and Skills, Ruairí Quinn TD, has launched the Ireland India Institute, a new national centre at Dublin City University to drive enterprise, research and academic collaboration between Ireland and India.

Professor Brian MacCraith, President of DCU with DCU students, Rachita Singh and Abina Philip at launch of DCU’s Ireland India Institute

Through a series of targeted initiatives, the Institute aims to practically support strategic partnerships in business, education and research between the two countries. The initiatives will include:

  • An Ireland-India Research Fund, which will help fund research into the grand challenges affecting both states in areas such as sustainable technologies, health and multiculturalism
  • The provision of Ireland India Institute Scholarships to support Indian scholars and researchers in their studies in Ireland
  • An Ireland India Institute Seminar Series which will bring some of the most significant thinkers and business leaders on contemporary India to Ireland
  • In addition, the Institute will provide a suite of academic and extra-mural programmes in areas relevant to contemporary India.

In a key development, Ms Kiran Mazumdar-Shaw, Indian entrepreneur and founder, chairman and managing director of Biocon, one of the world’s largest biotechnology companies, has agreed to become patron of the Institute.

Commenting on the launch of the Institute, Mazumdar-Shaw stated: “I am delighted to be patron of this important Ireland-India initiative.

Contemporary Ireland and India face the same global challenges, issues such as healthcare, ageing and sustainability. The Institute will help focus our joint efforts in achieving common solutions to these challenges. It will become a focal point for the study of contemporary India and a meeting place for all friends of India.  I welcome DCU’s continued strategic focus on my country which is based on academic and research excellence.”

Minister for Education and Skills, Ruairí Quinn, who formally launched the Institute, commented: “Dublin City University’s strategic focus on contemporary India has resulted, already, in a series of research collaborations with the sub-continent’s most prestigious Institutions, particularly in the areas of science and technology. The establishment of the Ireland India Institute will see DCU build on that record to host a national centre for the study of contemporary India. As Minister I have sought to drive the international agenda in our higher education institutions. I am delighted with this response to that drive.”

Professor Brian MacCraith, President of Dublin City University, stressed the importance of engagement with India as part of his overall vision for DCU: “On becoming President of DCU I made engagement with contemporary India a strategic priority for the University. Our faculty and researchers have, since that time, made great strides in developing active research projects with our Indian partners in Institutions such as IIT Madras, IISC Bangalore, JNU and IIT Delhi and others. That unprecedented degree of collaboration will be developed and fostered in the coming years through the Ireland India Institute which will become the hub for all those in Irish enterprise and academia who seek to develop our common goal of deeper Ireland India collaboration.”

The Ireland India Institute is hosted at Dublin City University and at www.irelandindiainstitute.ie.

source: http://www.businessandleadership.com / Home> Exporting / by Bernice Barrington / June 18th, 2012