Skip to main content

Posts

Showing posts from July, 2013

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

Natco Pharma  ( V C Nannapaneni, Chairman and Managing Director ) was locked at 20% upper circuit at Rs 588.10 at 14:11  IST  on  BSE  after the US  Court  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 mark

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.

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 se

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 th

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 owne

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

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 primaril

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

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 trans

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

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

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