Tuesday, July 30, 2013

Natco Pharma touched 52 weeks high on obtaining favorable ruling on Copaxone

 (V C Nannapaneni, Chairman and Managing Director) was locked at 20% upper circuit at Rs 588.10 at 14:11  on  after the US  of Appeals for the Federal Circuit ruling, reversed a district court's finding related to Teva's US Patent for Copaxone.
The announcement was made during trading hours today, 29 July 2013.
Meanwhile, the S&P BSE Sensex was down 153.84 points or 0.78% at 19,594.35
On BSE, 16,789 shares were traded on the counter with pending buy orders of 35,896 shares at upper circuit. The stock has an average daily volume of 14,680 shares in the past one quarter.
The stock hit a record high of Rs 588.10 in intraday trade today, 29 July 2013. The stock hit a low of Rs 540 so far during the day. The stock had hit a 52-week low of Rs 340 on 30 July 2012.
The stock had outperformed the market over the past one month till 26 July 2013, rising 11.79% compared with the Sensex's 6.45% rise. The scrip had outperformed the market in past one quarter, gaining 10.23% as against Sensex's 2.39% rise.
The small-cap company has equity capital of Rs 31.37 crore. Face value per share is Rs 10.
atco Pharma said that the US Court of Appeals for the Federal Circuit ruling has reversed a district court's finding related to Teva's US Patent for Copaxone. This would essentially mean that Natco could launch the generic Copaxone through its marketing partner Mylan Inc., during May 2014, subject to FDA approval, the company said.
Copaxone (Glatiramer Acetate) is used in the treatment of relapsing-remitting multiple sclerosis. The product is estimated to have clocked revenues, in USA, of about $3.45 billion during 2012.

Saketh myneni win the first round of Citi Open qualifiers

WASHINGTON (USA): Saketh Myneni cleared the first hurdle in qualifying for the ATP 500 Citi Open.
Myneni shocked ninth seed American Donald Young 6-7(2), 6-3, 6-4 in the first round of the qualifiers. Young is placed 108 rungs above Myneni in the ATP Charts at 155.
Myneni, ranked 263, now faces top seed and world number 117 Australian Matthew Ebden.

Thursday, July 25, 2013

LEPL's Air Costa plans to start domestic flights from Bhubaneswar in September

Air Costa, (Lingamaneni Prabhakara Rao - Chairman) an Andhra Pradesh-based regional airline, has evinced interest to start domestic flights from Bhubaneswar from the first week of September, said sources, as per a TOI report. An Airbus aircraft is most likely to be deployed on flights from Bhubaneswar to Chennai and Bengaluru via Vishakhapatnam. "The route is yet to be finalised. But we will start the service from the first week of September. Two flights—E170 and E190—are likely to be commissioned from Bhubaneswar," Sharad Kumar, Director, Bhubaneshwar Airportr.

“We are negotiating with Air Asia, SpiceJet and GoAir. They are keen but their flying is yet to be confirmed,” the Director said. Within a year, three more domestic flights may be given permission to operate from Bhubaneswar, he added.

The airline is promoted by Vijayawada-based Lingamaneni Estates and Projects Ltd, which has businesses in urban infrastructure, power, hospitality education and entertainment sectors. The company has a fleet of three E-Jets that are most suitable for the regional short-haul connectivity between Tier-II and Tier-III cities with major metros.

Hanoosh Surapaneni eyes the upcoming Motorsport season

NEW DELHI: After winning the junior category of the Volkswagen Polo R Cup last season, emerging racer Hanoosh Surapaneni is all set to compete at the national level again.
Hanoosh is looking forward to the 2013 season that gets underway at the Kari Motor Speedway in Coimbatore on July 20.
By virtue of winning his category, Hanoosh bagged the sponsored seat for 2013 and returns to racing in the semester break of his Masters course in Pace University, New York.
Hanoosh was the only driver selected for Polo R Cup from Andhra Pradesh in the last three years from over 1000 applicants in India.
Polo R Cup, a part of the JK National Racing Championship in India, is the first one make racing series running race prepped Volkswagen Polo cars with a 1.4 TSI engine and DSG gearbox, offering a maximum power of 180 PS.
The championship has six rounds of national races with stops at Chennai and the Buddh International Circuit in Noida.
Polo R Cup has been a quantum leap for the Steel Exchange-sponsored Hanoosh, who made his debut at the Deccan Drag Race in Hyderabad in 2009 and finished first in Stock category when just 18. He finished eighth overall in the Indian National Rally Championship (INRC) Round IV K1000 (1600N category).
He made his debut as driver in Deccan Drag Race held at Hyderabad in the year 2009 and won first place in the stock category of 1600cc to 1800cc class. This was his first ever entry into motorsport and he had made his mark by emerging winner amongst 18 contestant in this category.
The youngster also made debut as Rally driver in 37th Karnataka 1000 Rally held at Bangalore in August 2011 and finished second in 1600 cc category and eighth overall among 43 contestants. He proved his mettle further by finishing first in 1600 cc category and fifth overall in the Rally of Odisha held in Bhubhaneshwar in December 2011.
In 2012 he was selected with third best timing for Indian premier track racing event VW Polo-R Cup and hence won the Junior Polo R Cup 2012 championship. He has been rewarded free entry into Polo R Cup 2013 championship.

Akkineni Nagarjuna Vankina Chamundeswaranath buy Mumbai franchise of IBL

HYDERABAD: There will be a dash of glamour and celebrity presence in the Indian Badminton League. The consortium of Sunil Gavaskar, Tollywood actor Akkineni Nagarjuna and former manager of the Indian cricket team Vankina Chamundeswaranath (better known as Chamundi) have bagged the Mumbai Masters, the last of the six teams yet to be announced.

TOI had reported on January 29 that an Indian cricketer was interested in buying an IBL team. The deal was finalized on Wednesday. Gavaskar will also be the brand ambassador of the team.
Confirming this, Chamundi said both Gavaskar and Nagarjuna are excited to become the owners of a badminton team. "We have been planning this for a while. We are excited to be finally part of this league. Gavaskar and Nagarjuna are big fans of badminton and Sunny loves to play the game. We are all looking forward to have a fantastic tournament next month," Chamundi told TOI.
Chamundi, who is also the first sponsor of Saina Nehwal, said the owners are keen on getting India's top player in their team. "The auction is just a couple of days away and we would like to have our best player in the team. With not much of cricket action next month I am confident Gavaskar would take keen interest in the tournament. Moreover, the presence of Nagarjuna will make our team popular even in South India," Chamundi, former captain of the Andhra Ranji team, said.
Incidentally, Nagarjuna is also the co-owner of the Mahi Racing team along with Mahendra Singh Dhoni.
Note: Prasad V Potluri of PVP Group owns Hyderabad Hotshots 

Nina Davuluri named Miss New York at Staten Island's St. George Theatre

Nina Davuluri, a 24-year-old from Syracuse, N.Y., (US Immigrant parents from Vijayawada) was crowned Miss New York last night during a spectacular production at the stately St. George Theatre.

Miss Davuluri, Miss Syracuse, was crowned by her predecessor, Sharon Oliver. She received a $10,000 scholarship.

The new Miss New York was attired in a floor length evening gown of light yellow. She will spend her year advocating for diversity.

First runner up was Miss Manhattan Amanda Mason and she was given a $4,000 scholarship. Second runner-up was Miss New York City Acacia Courtney, who was awarded scholarship funding in the amount of $3,000. The Third runner up was Miss Empire Rose Desiree Wiley and she won a $2,500 scholarship.

A total of 24 contestants competed for the Miss New York crown last night and another 15 young women for the title of Miss New York Outstanding Teen yesterday afternoon. Winners were announced last night. Of that roster, seven call Staten Island home.

The new Miss New York received a $10,000 scholarship and will represent the Empire State at the Miss America Pageant Sept. 15 in Atlantic City.

Mallory Hytes Hagan, the former Miss New York turned Miss America who was on hand for the production noted that she was excited to be coming home this weekend to see who will walk away with the job of Miss New York 2013 and embark on their journey to Miss America 2014 in September.

"Staten Island has been such an incredible support for the Miss New York scholarship program and I can't wait to be back in the community who has embraced the Miss America Organization so whole-heartedly," she noted.

Pageant winners will represent New York in their respective competitions and their win translates into their taking a giant step on the competitive road that leads to the legendary Miss America Pageant.

Four Staten Islanders have held the title of Miss New York; Kari Pedersen Cynar in 1967; Lezley Braun in 1977; Alice Knisely in 1987 and Deana Herrera Walker in 1998.
The Miss America Organization is the nation's leading scholarship provider for women, awardin-g more than $45 million annually.

BANC3 awarded a $7 Billion ID/IQ Prime Contract from Department of US Army

PRINCETON, N.J.July 24, 2013 /-- BANC3 (Babu Cherukuri - President) has been selected for a prime position for both restricted and unrestricted access on the $7 Billion SSES NexGen multiple-award ID/IQ contract issued by the United States Army Communications-Electronics Command (CECOM) to deliver software and systems engineering services.
CECOM's Software Engineering Center is the Army's premier organization with the enterprise vision of the military services ensuring cost-effective software systems solutions to meet today's architecture and interoperability requirements for tomorrow's vision that enable war fighting superiority and information dominance across the enterprise. This current contract will provide life cycle support services of military systems for all software needs, including: system architecture, acquisition, software development, testing, change management, information assurance, certification, sustainment and support services to primarily C4ISR organizations.
Babu Cherukuri, President of BANC3, commented on the award: "We are extremely pleased to receive this award and look forward to delivering a range of technology-focused services and solutions to improve the Army's ability to complete the mission successfully. We look forward to supporting the SEC in its mission of life cycle support services for the Warfighter. This award recognizes the government's confidence in BANC3's ability to guide clients through various complex military software systems that require a high level of expertise."
This is the second large prime ID/IQ contract that BANC3 has received in the past two consecutive years from the Department of Army. The prior contract was the $1.78 Billion Warrior Enabling Broad Sensor (WEBS) services for RDECOM/CERDEC's Night Vision and Electronic Sensors Directorate (NVESD).

Award-winning doctor has plenty of Pride in Peterborough

It was the perfect place to discover he had won our Pride in Peterborough lifetime achievement award - volunteering 5,000 miles away at the Indian village he is building for 1,000 orphan and needy children.
And the winner, Dr Koneru Prasad of Westwood Clinic and HEAL (Health and Education for All), only realised he had been given the much-deserved accolade when a surprise party was thrown in his honour, with garlands, flowers, and a cake.
The news had been passed via Facebook from Dr Prasad’s son in Peterborough to one of the children he rescued 20 years ago.
It was another highlight of a landmark year for the doctor who has spent more than 30 years looking after patients in Peterborough, once even selling the family home in India to kickstart his plan to build a charity in Asia.
Because later in 2013 the HEAL Paradise village, an education-focussed community scheme based on ecological principles will accept a new intake of 1,000 children from underprivileged backgrounds across India.
The village encompasses school buildings, housing for the children and their carers, health, sports and arts facilities, a care home for the elderly, an institute for the blind, and buildings for community use.
It is the next step on from the existing health centre, schools and children’s home, and children’s village,
These facilities were once just dreams themselves. But now they are the bases which took tiny tots from the poorest conditions imaginable 20 years ago, to the mature young professionals gaining fine results in their examinations this summer.
Dr Prasad said: “It is thrilling to see the very first batch of children from 20 years ago who now have degrees. They are now very able, good-looking people.
“The first child was two months old when we took her. Mamata is now a graduate in technology and will hopefully get a job this summer.
“I am also hoping that some of them will get a job with HEAL, so that the charity is self-sustaining.”
Next February Dr Prasad will be part of a team of 30 cycling 460km across India, along part of the route between Mumbai and Goa. Riders have signed up from Australia, USA, Germany and other parts of the globe.
This will be the fourth such journey after a trio of treks which racked up the incredible total of £220,000, but at the time of the last journey in 2012 the foundations of the village were in place, but little else.
The rides serve a dual purpose, as not only do they raise funds but also show the generous donors the project to which they have contributed – which often makes them put their hands in their pockets again.
Dr Prasad’s old medical school friend from the USA contributed the trifling sum of a million dollars, which paid for the pre-school.
He said: “He came with us on the bike ride in 2010 and is now very involved.
“The total cost of the project is £4.75 million and so far we have raised £1.6 million. We hope to raise the rest by the end of 2015.
“My belief is that once the donors actually see the buildings, the children living in their dormitories and people visiting, they want to give more.
“The donor’s brother, a doctor in Birmingham, gave £45,000, a GP in Ramsey has donated £15,000 while local Indian donors have put in £100,000.”
The mention of Birmingham harks back to when, once upon a time, Dr Prasad first arrived in Peterborough.
He had been training and working for the NHS in the Midlands, and it was almost too easy.
The facilities were too good. Prior to that he had volunteered in squalor and slums across Asia, in places where his work was vital as opposed to expected. There were no concerns about money and resources, and working in Stafford was almost cheating. Bretton was a reality check.
Dr Prasad said: “A guy I used to work with mentioned Peterborough so I decided to look in 1981. I arrived one afternoon and saw a rotting Portakabin which was called a health centre.
“The windows were boarded up, the glass was broken. I had seen better conditions in refugee camps in the Indian slums. I thought I could move here and do something worthwhile.
“The Telegraph helped me to get things changed actually.
“I went to see someone in the NHS to see if something could be done, and they said it would. I gave them a year and nothing happened. I spoke to a councillor I knew who said he had received similar treatment.
“But one Tuesday one of my senior partners was running one of the regular ante-natal classes, and a pregnant woman slipped down a ramp. She refused to complain but I asked for an anonymous note, which was taken to the Telegraph by the councillor.
“It was all over the front of the next edition, and they (NHS) soon did something then.
“I was given £2,000 to get the Portakabin removed and I worked with PCC to get this piece of land. Then I approached the bank and borrowed the money in my personal account for a centre, and it was built within a year.
“It was extended in 1993 and there are many new facilities, but it still feels like a new building because the local community has looked after it.”
Dr Prasad is retiring in 18 months but continues to continue his medical leanings. HEAL is opening bases in the US and Australia, but also much closer to home.
“We started here, and that’s why I want to do something in Peterborough. I am working with Peterborough City Council to secure some premises for a clinic, and it will have the theme of ‘Happiness for Health, Health for Happiness’.
“The emphasis will be on prevention and non pharmaceutical therapies. I never thought I would see so much diabetes and obesity, and related cardio-vascular illness, as I have seen here.
“That then increases the psychological problems because of the social deprivation.”
Despite his many travels and achievements, serving on various boards and committees in the upper reaches of Peterborough’s health structure, Dr Prasad’s office is fairly spartan.
There is a quotation from Nobel Prize winner Rabindranath Tagore, and a little memento from Sydney from former Peterborough mayor J E Hall.
Dr Prasad’s life is not based on luxuries, and shortly before I leave he tells me of his inspiration.
“When I was 10 there was a neighbour of mine who suffered from diabetes in southern India. In the end he became so seriously ill that his leg was removed.
“He was a farm worker who I would see regularly, and he would beg me to become a doctor, so I could help people like him. He was such a nice man, and I never forgot him.
“Peterborough has given me the enormous privilege of being a doctor. There is responsibility but also the satisfaction of making other people happy.”

Friday, July 19, 2013

Scripps Hospital Medical Officer Dr.Prabhakar Tripuraneni Wins ASTRO Gold Medal

Dr.. Prabhakar Tripuraneni, head of radiation oncology at Scripps Green Hospital in La Jolla, Calif., and chief medical officer at Cleveland, Ohio-based ViewRay, Inc., has been selected to receive a Gold Medal from the American Society for Radiation Oncology.
The award, ASTRO’s highest honor and given to its members who have made outstanding contributions to radiation oncology, will be presented at ASTRO’s annual meeting in September.
“Over the course of a long and distinguished career, Tripuraneni has made unique contributions as both a clinical scientist and tireless voluntary leader in the field of radiation oncology," said Dr. Christopher Rose, a former ASTRO gold medalist.
Tripuraneni, who served as president of ASTRO in 2004-2005, is a graduate of Guntur Medical College in south India and a pioneer in coronary vascular brachytherapy.
In 2009 the Indian American became chief medical officer at ViewRay, a privately held medical device company.

At General Motors Asset Management Divya Suryadevara becomes CIO

Dhivya Suryadevara, who was instrumental in GM’s $26 billion pension risk transfer to Prudential, has taken over the top investment position.

(July 16, 2013) - General Motors Asset Management has a new chief investment officer.
Dhivya Suryadevara took over the position as of July 15, according to GM.    
Suryadevara was 33 years old as of April 30, making her one of the youngest CIOs of one of the largest pension plans in the United States. GM Asset Management runs $83.6 billion according to Russell Investments' $20 Billion Club Research, with only IBM managing more global corporate defined benefit assets. 
She previously served as fund's managing director of investment strategy and fixed income, and was instrumental in GM's $26 billion risk transfer to Prudential. Between the signing of the annuity purchase and the deal's close, she transformed the GM assets into a fixed-income heavy, insurance-like portfolio in preparation for one of the largest transitions in history.
"I was in charge of the asset side of the deal-organizing, in a five-month period, the assets to hand off to Prudential," the Forty Under Forty member told in April. "The harder part was managing the market and interest-rate exposure we had from the time we inked the deal until the time it was closed. But it was a team effort. It was like an orchestra that had to work perfectly-so it was really a huge, complex group effort."
"We're lucky it went without any major hiccups," Suryadevara said. "You can't write everything into the contract on a deal like this, so we're lucky we had a phenomenal and flexible partner on the other side."
Dan Ammann, GM's executive vice president and chief financial officer, noted her strong background at the time of the announcement.
"Dhivya's experience and strong track record in leading our investment strategy and asset allocation for our pension plans will serve her well in this important role for the company," he said. "I'm confident that she will build on the great work the team has accomplished over the past few years."
GM Asset Management's longtime CEO, President, and CIO Walter Borst left the firm earlier this summer for the CFO role at truck and engine maker Navistar International.

Comedian Hari Kondabolu On Diversity, Race And Burger King

Hari Kondabolu is a brainy comedian who cuts through the polite talk around race and gender. He’s made a lot of key people laugh with his incisive anecdotes, including Jimmy Kimmel, Conan O’Brien and John Oliver.
A full-time writer on the FX show Totally Biased with W. Kamau Bell, he recently did a comedy bit on the National Spelling Bee, or “as I like to call it,” he joked, “the Indian Super Bowl.”
Kondabolu makes a fair point: for six years in a row, the winner has been Indian-American. As a result, he continued, “it gives me great pleasure to finally be able to say ‘Hey white people, learn the language.”
At first he was reluctant to write a bit about South Asians winning the spelling bee because it’s kind of a cliché.
“At the same time, I’m like: let’s own it,” Kondabolu explains. “There’s nothing embarrassing about kids doing well at school and dominating that happen to be South Asian, which is very exciting for me. And there aren’t any South Asian athletes. I mean Jeremy Lin was Taiwanese-American, I took ownership of that, it’s as close as we’ve gotten.
“But this is something we dominate at. This isn’t the Indian Cricket team. These are South Asian Americans, Indian Americans dominating. And I loved it.”
Thirteen-year-old Arvind Mahankali won this year’s spelling bee. During his interview after his victory, he said that he planned to spend the rest of his summer studying physics. Kondabolu jokes, “He’s a two-sport athlete!”
A Time To Unite?
Kondabolu was born and raised in a diverse neighborhood in Queens, N.Y., which he describes as having “different immigration status, different income levels, different languages, different parts of the world, it was incredible.”
His parents were born in India and moved to the U.S. when they were in their twenties. Kondabolu describes a time in his childhood when his mother took he and his brother to Burger King, because she wanted them to assimilate into American society.
“We never saw something strange about that,” he says. “As I got older, it was kind of bizarre, like ‘Wait a second, why are you, why? Why did you take us to Burger King and, if we’re Hindu, how come you let us eat beef?’ She said that she wanted us to get used to what it was like to be an American, and apparently Burger King, well it’s fast food. What’s more American than fast food?”
His mother, Uma Kondabolu, laughs as she says that, yes, she did take her sons to Burger King because it is very American. But also where they found people of all backgrounds.
“That’s where they played with kids of all colors,” she says. “And I used to meet with other parents of all colors.”
Uma wanted her kids to see that interacting with people of all colors was not “bad” or “scary.” And Hari Kondabolu says that he felt safe growing up in his Queens neighborhood. He didn’t think racism was a serious problem until the terrorist attacks of Sept. 11.
“You hear about the hate violence all around the country, even in New York, and I think that’s what struck me the most, it was happening in New York, and it was confusing, because I grew up in Queens, I grew up in New York, and we just dealt with this terrorism, we dealt with 9/11,” says Kondabolu, who was 18 when the World Trade Center attacks happened.
“And you’re telling me, after this, everyone’s claiming we’re all coming together, we’re getting closer, this is a time where we unite. It’s like, really? Because, in my community, I see people getting hurt and being put into detention centers.”
As a result, Kondabolu became politically active. He worked in the Queens District Attorney’s Office Bureau of Hate Crimes, went to Seattle to work for an immigrant rights group, and got his masters in human rights at the London School of Economics.
All the while, his stand-up comedy was just a hobby. The idea of doing it full-time came when, in the early 1990s, Kondabolu saw Margaret Cho on Comedy Central.
“To see someone who wasn’t black or Latino or white do stand-up was huge,” Kondabulo explains. “And she was talking about immigrant parents, and I have immigrant parents — my parents are different from her parents, but she was talking about it. And that was OK, and it was funny. I was so amazed by that. I wanted to do that after watching her perform.”
‘A Good Laugh Over A Drink’
Today, Kondabolu’s material is not so much about his own family, but about being an outsider in general — or at least being treated like one. And he’s not afraid of challenging some long standing beliefs.
“How do people justify homophobia in this country? ‘Y’know, it’s not Adam and Steve, it’s Adam and Eve,’” he said at a recent show at the Black Cat in Washington, D.C. “Look, technically that is true. Right, it was Adam and Eve. But if you remember the story, it was Adam and Eve and a talking serpent. I feel like the talking serpent throws the whole account into question. I don’t know how true this is. There’s a talking snake involved. Maybe you shouldn’t base your values on a Jungle Book-type scenario. What would Baloo do? What about Shere Khan? What about Winnie the Pooh? Oh, is that a different world? Does it matter at this point? That’s a Jungle Book-type scenario. Look, I’m an Indian-Hindu alright. I know all about Jungle Book-type scenarios. That is a Jungle Book-type scenario.”
Kondabolu says he knows some people won’t like his point of view. “I’ve been approached after shows from people who said, ‘I don’t agree with anything you said, but I laughed the whole way through.’ That’s still a little strange to me. Like, nothing? Really? But at the same time that’s what happens in a conversation. You might not agree with everything the other person is saying, but you can still have a good laugh over a drink, right?”
At the show in Washington, D.C., the audience was very diverse and didn’t seem to have a problem with his point-of-view.
“People keep bringing up the year 2042 on the news when census figures indicate that whites will be the minority,” he joked. “In 2042, apparently white people will be 49 percent. First of all, why do we give a f—k? Why do we keep mentioning this? Why is this even an issue? Are there white people here that are concerned that they’ll be the minority in 2042. Don’t worry white people, you were a minority when you came to this country. Things seemed to have worked out for you.”
Kondabolu also recently recorded material for his first live comedy album, being released on the record label Kill Rock Stars. Although the label is best known for punk rock, Kondabolu thinks it’s a perfect fit.

Wednesday, July 17, 2013

As Ballmer Maps Out Cloud Empire, All Eyes on Satya Nadella

NEW YORK (TheStreet) -- Microsoft ( MSFT ) CEO Steve Ballmer managed to get investors' full
attention when he announced sweeping organizational changes that indicate the company is doubling down on its cloud delivery model after receiving mounting pressure to prove it has a clear execution path for one of the central pillars of its growth strategy. Long time Microsoft executive Satya Nadella is at the very heart of this strategy.

For investors, one of the most compelling aspects of this reorganization is that it aims to eliminate a significant frustration to the company's cloud efforts and other main goals: so-called "fiefdoms" among the various units that had constantly been battling it out for resources and lacking the much-needed "glue" required for collaboration. With the new model, each business within Microsoft will now be grouped by function, which should provide the company with a strong framework from which to expand and improve upon its cloud services through the unification all the related resources under the leadership of Nadella; another one of the most compelling features of this reorganization that Ballmer revealed.
Nadella, a 21-year Microsoft veteran with a background in electrical engineering, computer science, and business administration, has earned deep respect throughout the technology world for being a cloud and mobile visionary. Prior to his new role as Microsoft's executive vice president of the Cloud and Enterprise group, he was president of the company's $19 billion Server and Tools Business into which Windows Azure, a main competitor to Amazon's ( AMZN )Web Services, was lumped into. Following the restructuring, Windows Azure remains under Nadella's purview and is now very close to being its own operating division in the company.
"Satya has led Servers and Tools and established Azure as a key provider in the cloud computing market," David Cearley, vice president and fellow at technology research firm Gartner Research, said over the phone.
"He's succeeded in establishing Microsoft as one of the main players in cloud computing. And so with that, I think he's well suited to expand those efforts and to try and drive Microsoft to a leadership position in cloud computing," said Cearley.
"Satya Nadella has done a tremendous job of growing and improving the business," Norman Young, a senior equity analyst at investment research firm Morningstar said in an email.
"Azure is his baby now and has been for the last year or two," said Young.
The analysts say that one of the most important messages Ballmer telegraphed about Microsoft's cloud strategy is that the company is serious about giving its key Windows Azure cloud platform as much flexibility as possible to make further inroads into the businesses of competitors such as Amazon Web Services, after having already taken market share away from VMware ( VMW ) at a growing pace over the past year. A few days ago Amazon announced yet another price cut for its cloud services since Microsoft has been broadcasting that it will match whatever price Amazon offers.
While investors are pleased with the restructuring move, they're now eager to watch the next step of the process unfold: the execution of its growth goals to their full potential.
"We thought they've always been uniquely qualified and probably the best qualified to take advantage of the move to the cloud because they've already got the applications layer, the operating layer and the server layer," said Pat Becker, a portfolio manager at Becker Capital Management, which owns more than 1.5 million shares of Microsoft. "But it's been at least up to now fairly disappointing with their execution. When you look across their products and all the assets they have, you see a way all this could tie together, but the speed of that happening -- the glue you see at Microsoft is not as strong as maybe it should be."
"It's so important that all the different assets work together, all the different aspects of Microsoft. We just want all this to be seamless," Becker said on the phone. But "I think that's what they're trying to address."
"Generally speaking I think they've listened to the shareholder base and they've been very proactive on the expense side," he continued. "Those are some of the things that originally got us interested in the stock and continue to keep us in the stock," he noted.
Becker said his company has owned shares of Microsoft for "some time" now, attracted by their discount to competitors despite clearly demonstrating the software giant's ability to maintain a strong balance sheet, generate a fair amount of cash flow, and grow earnings at 12% a year even in the face of execution and top-line growth improvement concerns.

Kamma National Awardees in Sports

Arjuna Awardees

1. Kamineni Eswara Rao (Weight lifting): 1963
2. Movva Shyam Sundar Rao(Vollyball): 1974
3. Arikapudi Ramana Rao (Vollyball): 1977
4. Pullela Gopi Chand (Badminton): 1999
5. Koneru Humpi (Chess): 2004
6. Achanta Sarath Kamal (Table Tennis): 2004
7. Pentela Harikrishna (Chess): 2007
8. Dronavalli harika (Chess): 2007
9. Gutta Jwala (Badminton): 2011
10. Parupalli Kashyap (Badminton) 2012

Dronacharya Awardees

1. Arikapudi Ramana Rao (Vollyball): 1990
2. Movva Shyam Sundar Rao (Vollyball): 1995
3. Koneru Ashok (Chess): 2007
4. Pullela Gopichand (Badminton): 2009

Rajeev Khel Ratna (India's highest sporting honour)

1) Pullela Gopichand (Badminton) : 2001