Friday, October 31, 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.

Thursday, October 30, 2014

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 doing a study at Georgia Tech. He also won the Departmental Recognition Awards for Excellence in Mathematics and Science, and has participated in the Georgia Governor’s Honors Program, the Intel Science Talent Search, National Honor Society, and Spanish Honor Society. 

Beyond studies, he volunteers, plays chess and JV tennis, and received the Coach’s Award for Leadership Excellence in 10th grade. Section leader in the orchestra, he has been playing violin since he was in the 1st grade. 

 OCA - Asian Pacific American Advocates is a national organization dedicated to advancing the social, political, and economic well-being of Asian Pacific Americans.

Sathvik Namburar has many accomplishments under his belt, including a perfect ACT score, and being a National Merit finalist and valedictorian of the Woodward Academy Class of 2014 in College Park, Georgia.

He has published independent science research while doing a study at Georgia Tech.

He has won the Departmental Recognition Awards for Excellence in Mathematics and Science, and has participated in the Georgia Governor's Honors Program, the Intel Science Talent Search, National Honor Society, and Spanish Honor Society.

But his best lessons and experiences came in a hospital some 10,000 miles away.

He spent two months conducting a paid internship at the Aravind Eye Hospital in Madurai, Tamil Nadu.

Part of his time there was spent designing and conducting a survey for paediatric patients on their experiences at the hospital.

He also wrote a research paper with recommendations for the hospital.

Most of the patients spoke very little English, so he had to pick up some Tamil -- he knows better Telugu -- to communicate with them.

It was during this sojourn, he said, he "truly learned of the great need for service around the world."

'Beyond administering a patient survey and shadowing ophthalmologists for ten weeks,' Sathvik wrote in his Presidential Scholarship essay, 'the time I spent there was an eye-opening experience that introduced me to the vast need for health care across the globe.'

It was amazing, he said, "to see so many patients being treated with such efficiency and the doctors and nurses working under pressure and with far less resources than you could find in a hospital here and yet offering exemplary care.

At this hospital, 80 per cent of the patients are treated for free or at reduced cost.

Working with the underprivileged at Aravind made me realise that my professional future lay in health care -- which I have always had an interest in -- and charity work."

Sathvik realised that millions of Americans also lack access to skilled specialists, and often only one overworked general practitioner is available to treat an entire town in many rural communities.

"It seems that little is being done to address this gap in our health-care system, and I believe it is my calling to do so," Sathvik said.

"I hope to one day establish regional medical centres that are home to skilled specialists and are easily accessible to people in rural areas in America.

"By making these centres efficient and utilising new technologies to the fullest, I would be able to make health care more affordable for the rural poor."

Sathvik, who will study medicine at Johns Hopkins University, has also enjoyed being a volunteer at the Fernbank Museum of Natural History, where he informs visitors about aspects of natural science and also serves as an unofficial museum ambassador.

In high school he joined the WINGS program, which focuses on helping at-risk inner-city elementary school children.

He then presented this program at a faculty meeting at his school.

Now, there are 15 students going twice a week to a local elementary school to assist with this program. They also play sports and games with disadvantaged schoolchildren.

After the Typhoon Haiyan ravaged the Philippines, Sathvik created a secure Web site to raise funds for the Red Cross and leveraged social media and the Internet to publicise the fundraiser to his schools community.

It raised $5,670.

'My parents are immigrants from India, and they have risen above their meager beginnings to attain wealth and send their children to private school,' he wrote.

'Along the way, they have both shown me and told me that I need to serve others who are less fortunate than I am. They give their time and money to various causes and have encouraged me to do the same.'

"I also enjoy serving," he said, "because it enables me to impact others' lives in positive ways. I know that if I can make even one person's life better, I'll have done my job."

How would he describe himself?

"I am someone who recognises his place in the world," he said, "and seeks to impact it one little step at a time, all the while maintaining my humility and enjoying what I do.

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 Championship in 2009 that was held at Freiberg, Germany, and is now ranked 18th in the world in the senior category. Talking about her immediate priorities, Praneeta said, "I wish to break into the top-10 in the figure skating event by next year."

The daughter of a cardiologist, Dr M Bhaskar Rao, Praneeta too dreams of becoming a cardiologist like her father. However, she made it clear that she it would not be at the cost of roller skating.

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 Leader of  District and President of District Congress Committee for a decade in early Seventies.

Uncle-in-law Late Shri Edpuganti.Ashok Rao was Treasurer of MP Congress Committee from 1982 to 1985 was first Mayor of Bilaspur Municipal Corporation from 1982 to 1984 was an MLA for two terms from Belha Constituency from 1991 to 1993 and 1993 to 1998 and was cabinet minister.

Uncle Dr.Narla Venkata Raman was a congress MLA (twice) from Badwara Constituency District Katni, from 1972-77 and 1990-1993

Kammavari Engineering and Medical colleges in (Bangalore) Karnataka

Engineering colleges:

PES University (Formerly PES Institute of Technology)
Kammavar Sangham Institute of Technology (KSIT)
GITAM School of Technology

Medical colleges:
Bangalore Institute of Dental Sciences
International Medical and Technological University - Tanzania 

Warburg Pincus invests Rs550 crore in Laurus Labs

An affiliate of private equity (PE) firm has acquired a minority stake in Laurus Labs, a Visakhapatnam-based developer of (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, anti-diabetic therapeutic segments. Laurus also has a contract manufacturing business. The firm also has a presence in nutraceuticals and several other products with a customer base that includes several generic pharmaceutical companies in India and abroad. It also has a contract manufacturing business catering to several generic and innovation-driven, global pharmaceutical companies.

Laurus is led by its founder and chief executive officer Satyanarayana Chava, a renowned scientist, with a successful track record in the pharmaceutical sector. He is joined by executive directors Raju S Kalidindi, who has 26 years of experience in pharmaceutical research and operations. The firm has grown rapidly since its first full year of commercial operations in 2008, recording revenues of Rs 1,200 crore in FY14.

“Laurus is at an important juncture in its evolution, having built a strong reputation in product development and manufacturing... We are glad to partner with Warburg Pincus in this phase of our growth,” said Satyanarayana. ‘‘In addition to securing growth capital, we look forward to leveraging Warburg Pincus’ deep domain expertise and global network of relationships to help enter new markets and add to our customer base,” he added

Commenting on the transaction, Niten Malhan, managing director and co-head of Warburg Pincus India, said: “Satya’s focus on innovation and developing a strong organisation has enabled Laurus to emerge as a global leader in the generic ARV API segment and well positioned the company to benefit from its initiatives to enter other attractive segments. Warburg Pincus is excited to be a partner in Laurus’ next phase of growth to become a leading global pharmaceutical company.”

“Through a positive combination of technical depth, relentless execution and highest level of corporate governance, the team at has built a market-leading pharmaceutical company in a short span of time. We are excited to continue our partnership with the company, and welcome Warburg Pincus to join this exciting growth story.”

Wednesday, October 22, 2014

Saketh Myneni stuns top seed to clinch maiden ATP Challenger title

Myneni Indore Open Trophy
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 faltered for the only time in the set, Saketh capitalised on the breakpoint to run away with it 6-3. 

The second set also saw Saketh in fine form, serving seven aces. But the world no. 118 fought hard to stay alive in the contest as he managed to save as many as three breakpoints to take the set to the tie-break. 

In the tie-break, Saketh committed a couple of unforced errors and that was enough for the Kazakh to draw level at a set apiece, taking the match to the decider. 

It was a complete domination by Saketh in the third and final set and he barely conceded two points on his serve until the final game. 

Saketh broke Nedovyesov in the fourth game to open up a 3-1 lead and it seemed as if the Indian would comfortably wrap up the match, more so with the Kazakhstan player unable to make any inroads into Saketh's serve. 

However, serving for the match at 5-3 (40-15) in the final set, Saketh showed signs of nervousness as he let go of both the match points and allowed his opponent to draw deuce for the first time in the set. 

The Indian then managed to hit an ace to set up yet another chance for himself but he subsequently let go off two more match points before finally wrapping it up.

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 from the enormous stake he still holds, 4% of the company, 333 million shares. In 2014, Ballmer made $483,584 in salary. Which isn't a lot of money for a CEO but he also left the job in February.

Nadella's first-year compensation pay package does fairs well compared to other first-year tech CEOs:

Oracle is paying its new co-CEOs Safra Catz and Mark Hurd $37.7 million apiece for their first year since they were handed these new titles, including their one-time stock awards. And that was a pay cut from $44 million the year before. Their jobs haven't really changed. And their boss, Larry Ellison, is still higher paid. He's making $67 million in 2014.

Tim Cook's first-year pay was off the charts: a staggering $378 million, mostly from a huge one-time stock grant. His pay has since come down to a mere $4.3 million in 2013 (but about $70 million of his stock options vested that year, too).

Marissa Mayer was paid $36.6 million her first year as the CEO of Yahoo.

IBM CEO Ginni Rometty was paid $16.1 million for her first year.

Meg Whitman's pay package was valued at $15.3 million for her first year, but under her reign, the stock has tripled in value, so those one-time stock awards are worth a lot more now.

Nadella's pay is of particular interest since he's indicated that he's never asked for a raise in his life. He prefers to work hard and trust that the system will reward him appropriately.

We don't know if that means that he doesn't negotiate for a salary when taking on a new job. But whatever he's doing, his methods are working for him.

Thursday, October 16, 2014

Air Costa set to fly pan-India

Air Costa chairman Lingamaneni Ramesh (left) addresses reporters on the occasion of the airline’s first anniversary in Vijayawada on Wednesday.  (Photo: DC)
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

Wednesday, October 15, 2014

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 the honours in Women's section by going for the sharp Ragozine defense as black against Israel's Alon Mindlin. Mindlin thought he had some chances after he stopped Harika from castling but soon after trading of the queens, it was clear that black's position was impregnable.

Saturday, October 11, 2014

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 countries.

When the Turkish government blocked Twitter last March, Gadde and her 90-person legal team filed lawsuits in local courts, eventually prevailing.

Her list of recent milestones include helping steer the company through one of the most anticipated initial public offerings in recent years.

She says the most important aspect of her job is allowing as much content to flow freely while respecting local laws.

A graduate of Cornell and New York University’s law school, Gadde previously spent close to a decade at a prestigious Silicon Valley law firm.

Monday, October 6, 2014

Proud homecoming for archer Jyothi Surekha

CBR Sports Academy chairman Chalasani Balaramaiah handing over a cheque for Rs. 5 lakh to Asian Games bronze medallist Jyothi Surekha on her arrival at Gannavaram Airport on Saturday. - Photo: Ch.Vijaya Bhaskar

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 support for her preparations for the 2016 Rio Olympics.

“This girl faced a lot of hardship to achieve the medal. She is a fine example to modern-day youngsters, as she made many sacrifices to realise her goal with a singular motto. She can make use of my academy for her future preparations,” Mr. Prasad said.
Congratulating Surekha, Gannavaram legislator Vallabhaneni Vamsi Mohan promised to take to the notice of Chief Minister Chandrababu Naidu the importance of quality sports infrastructure in Andhra Pradesh.

“Hyderabad was nurtured as an international sports hub during the Afro-Asian Games. We need such a mega event to develop a new sporting culture in Andhra Pradesh,” he said.
Amid ‘Bharat Mata ki Jai’ slogans, a visibly tired Surekha thanked Andhra Cricket Association, Laila Group of Companies chairman Gokaraju Ganga Raju, Bhima Cements, Nalanda Educational Institutes, Koneru Lakshmaiah University and Vennam Foundation for their supportin helping her realise her dream.

Surekha’s father Vennam Surendra thanked the Archery Association of India for giving his daughter direct entry.