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Showing posts from October, 2014

Kulasagara Subrayalu Sekar Naidu: Former Member of Parliament, Mauritius

Mr. Kulasagara Subrayalu Sekar Naidu was a former MP (Members of National Assembly) of Mauritius. Sekar Naidu is Member of the Mouvement Socialiste Mauricien (MSM). Elected 3rd Member for Beau Bassin and Petite Riviere (Constituency No. 20) on 3rd July 2005 under the banner of the MSM,MMM-MSM-PMSD Alliance,  He acted as Member of Parliament  from 12 July 2005 to 31 March 2010. He was Born on 12 April 1958 and did his B. Tech in Mechanical Engineering now working as Commercial Manager at Total Mauritius Ltd., His parents were migrated to Mauritius from Tamilnadu belongs to Kammavar Naidu caste.

Sathvik Namburar, 2014 U.S. Presidential Scholar

Sathvik Namburar of Duluth, Georgia have been named 2014 U.S. Presidential Scholars, a designation given to only 141 students across the country. Sathvik Namburar of Duluth, who attends Woodward Academy in College Park, was honored for academic excellence, leadership, citizenship, service and contributions to their school and community.  Two presidential scholars are selected from each state, the District of Columbia, Puerto Rico and from U.S. families living abroad. An additional 15 scholars are chosen at-large, and there are 20 scholars selected for their accomplishments in the arts. More than 3,900 students qualified for selection based on their SAT and ACT scores as well as from nominations. Sathvik Namburar, a senior at Woodward Academy, was recently announced as OCA-Georgia’s Scholarship winner. Sathvik intends to pursue medicine at John Hopkins University. A valedictorian with overall GPA of 4.53 and 36 composite in ACT, he published independent science research while

Mallipeddi Praneetha won silver medal in the 16th Asian Roller Skating Championship

Malipeddi Praneeta  clinched the silver medal in the 16th Asian Roller Skating Championship held at Haining, China, last month. The second-year MBBS student, studying at the Andhra Medical College, won the silver in the Pair Dance Category (artistic) along with her Hyderabad-based partner Anup Kumar Yama, who is the current world champion in artistic skating. Praneeta however sounded a bit disappointed despite her success. "I was expecting to win a medal in the individual figure skating event, but I missed out and stood fourth. However, I'm happy that I did well in the pair event." Praneeta, who has been a national champion in figure skating for the last four years, both at the junior and senior levels, started skating at the Shivaji Park rink from 2005-2006 and since then has been rigorously trained by her coaches, P Satyanarayana, Chitti Babu and Mahesh. Praneeta had earlier participated in the junior category of the World Artistic Roller Skating Championshi

Edpuganti Vani Rao: First Woman Mayor, Bilaspur

Mrs. Edpuganti (Narla) Vani Rao is the First Woman Mayor, Bilaspur Nagar Nigam, Elected through Direct Election in December 2009. . She is the President, Chamber of Commerce & Industries Women's wing of Bilaspur Division. Vani Rao is heading an NGO "ABHIYAN" since 1996 which is active in the field of women and child welfare. She was the President, Chhattisgarh Pradesh Mahila Congress from 2004 to 2011 and Secretary, Chhattisgarh State Pradesh Congress Committee. From 2001 to 2003 Edpuganti Vani Rao born  on 1958 at Katni, Madhya Pradesh for the parents migrated from Krishna District, Andhra  Pradesh., Family Back Ground: She is the wife of Mr.  Edpuganti Ramendra Rao, a businessman. GrandFather-in-law Late  Dr.  E.  Raghavendra Rao was   the First   Governor of  C.P  and Barar, was the member of Viceroy’s council, was First Chairman of Nagar Palika  Bilaspur in 1916. Father-in-law Late Shri Edpuganti.  Nageshwar  Rao    was   Senior Co-operative L

Warburg Pincus invests Rs550 crore in Laurus Labs

An affiliate of private equity (PE) firm  Warburg Pincus  has acquired a minority stake in Laurus Labs, a Visakhapatnam-based developer of  active pharmaceutical ingredients  (APIs), for about Rs 550 crore, Laurus said in a statement. With this, Warburg becomes an investor in the company, along with  Fidelity Growth Partners India and Boston-based Fidelity Biosciences, which led an earlier round of investment in 2012.   Fidelity Growth Partners India and Fidelity Biosciences part-exited in the latest transaction. Although the company did not share the details of the deal, according to the Competition Commission of India (CCI)’s approval note for the transaction, the PE firm picked up a 32.29 per cent effective stake. The deal values the company at Rs  1,700 crore ($280 million). Laurus will issue a mix of compulsory convertible preference shares and also purchase of shares from existing PE investor. Laurus is a manufacturer of APIs for anti-retroviral (ARV), oncology, cardio-vascular

Saketh Myneni stuns top seed to clinch maiden ATP Challenger title

Indian youngster Saketh Myneni clinched his maiden ATP Challenger level singles title after getting the better of Aleksandr Nedovyesov of Kazakhstan in a hard-fought three setter in the Indore Open on Sunday. The 26-year-old Saketh, ranked as low as 451, showed a lot of character against the top seeded Kazakh player to post a 6-3 6-7(4) 6-3 victory in a final battle that lasted a little over two hours at the Indore Tennis Club.  With this victory, Saketh, who won a gold and silver in doubles at the recent Asian Games in Incheon, earned 80 points in the ATP rankings.  Saketh had earlier won two doubles Challenger-level titles this season with compatriot Sanam Singh. Besides, he had reached quarterfinals in Karshi and in Chennai Challengers earlier this season.  The top seeded Kazakh started on a positive note, getting 80 per cent of his first serves right in the opening set, even as Saketh mixed up his serves to keep his rival on his toes.  And the moment Nedovyesov falt

Microsoft Is Paying CEO Satya Nadella $84 Million

Microsoft just revealed how much it is paying its new CEO, Satya Nadella . All told for the first year, it's a package worth $84 million, the company said in a regulatory filing. It breaks down like this: Base salary of $918,917, A cash bonus of $3.6 million, A one-time grant of stock valued at $59.2 million in connection with his promotion to CEO that he will not be able to cash out until 2019 , and another one-time stock grant worth $13.5 million given to him in August 2013, to keep him around during the CEO search process. With these grants, his stock holdings jumped from 231,116 shares before he was CEO, to 4.9 million shares after he got the job. Microsoft says that without the one-time stock grants, his compensation adds up to the much more modest sum of $11.6 million. The company also agreed to a $17.4 million golden parachute if the whole CEO gig doesn't work out. It's hard to compare this pay to Steve Ballmer's. Ballmer's money mostly comes

Air Costa set to fly pan-India

Vijayawada: Vijayawada-based regional airline Air Costa plans to transform itself into a national airline in the coming years, said its chairman Lingamaneni Ramesh on Wednesday. Speaking on the occasion of its first anniversary, Mr Ramesh said that it is going to introduce two more flights  from Vijayawada from January 2015. At present the airlines is operating 38 daily flights to 9 cities  including Chennai, Bangalore, Hydreabad, Jaipur, Ahmedabad,  Coimbatore, Visakhapatnam and Tirupati

Denty’s third clinic at Chennai

Hyderabad-based multi-specialty dental care chain Denty’s has set up its third clinic in Chennai. This is the 11th outlet in the country for the chain, which was launched in 2009 and has presence in five cities in Andhra Pradesh, Tamil Nadu. “We are planning to foray into Bangalore and Mumbai with the aim to be pan-India by next year with at least 50 clinics,” said Dr Sekhar Chennupati , Managing Director , Denty’s Dental Care. Denty’s invests 1.5 crore in setting up each outlet. Chennupati sees a great potential for dental care services in the country. With the changing lifestyle, there is a need to elevate awareness on the significance of oral health and its impact on general health, he said. In April 2014, the company raised 27-crore private equity funding from Helion Venture Partners for an undisclosed stake

Donavalli Harika best woman in Poker Masters Chess

Isle of Man (UK):  Grandmaster and former world junior champion  Donavalli Harika   was adjudged the best woman player after she settled for a draw with  Alon Mindlin  of Israel in the ninth and final round of Poker Masters Isle of Man Chess tournament that concluded here. Harika knew that a draw would be enough for the first place and did not exert much in the last game of the tournament. The Indian finished with 5.5 points -- enough to clinch the top prize in the women's category (2000 pounds). Grandmaster Nigel Short of England won the tournament with an impressive victory over overnight joint leader and compatriot David Howell in the final round. Short came up with an excellent King side attack leaving Howell's kingside in tatters. The victory was worth 6000 Pounds for Short. Indian Grandmaster Abhijeet Gupta could not reverse his fortunes and had to split the point with Jorden Van Foreest of Holland. Gupta ended up in 12th place on 5.5 points. Harika took t

Vijaya Gadde in Fortune’s ’40 under 40′ powerful people list

  Four Indians, including Twitter’s General counsel and the only woman on the company’s executive team Vijaya Gadde have been named by Fortune in its list of the 40 most powerful, influential and important people in business under the age of 40. The Indians on the list are Economics professor at Harvard Raj Chetty, who is ranked 16, Micromax co-founder and CEO Rahul Sharma (ranked 21), Snapdeal Co-Founder and CEO Kunal Bahl (ranked 25) and Twitter’s General counsel and the only woman on the company’s executive team Vijaya Gadde (28). Fortune said this year’s list of “young hotshots who are rocking businesses” includes many from sector as diverse as technology, finance, fashion and film and all have “power, influence, leverage, scale, and ideas that disrupt.” Indian-born Gadde (39) has proved vital to Twitter’s efforts at international expansion at a time when even though over 70 per cent of the social media company’s 271 million users are overseas, it has been banned in multiple cou

Proud homecoming for archer Jyothi Surekha

Incheon bronze-medallist accorded a warm welcome A warm welcome was accorded to teenage archer Vennam Jyothi Surekha on her triumphant return from Incheon after winning a bronze medal in the women’s team compound segment, at Gannavaram airport on Saturday. On Friday, Purvasha Sudhir Shende of Volga Archery Academy, the other member of the Indian team, along with coach L. Chandrasekhar, arrived in the city. The medal won by the archers assumes significance, as the city athletes had won an Asian Games medal after a gap of 63 years. “In the 1951 first-ever Asian Games held in New Delhi, Krishna District’s Kamineni Eswara Rao (90kg) and Dandamudi Raja Gopala Rao (95+kg) won silver and bronze medals respectively in the weightlifting event,” said District Sports Development Officer S. Ramakrishna. Meanwhile, Kethanakonda-based CBR Sports Academy chairman Chalasani Balaramaiah  alias  C.B.R. Prasad handed over a cheque of Rs. 5 lakh to the eighteen-year-old archer, pledging