Tuesday, December 12, 2017

Sriharshita Musunuri Wins Siemens Scholarship For Her Research On Sepsis

Sriharshita Musunuri from Mill Creek has won a prestigious $25,000 dollar scholarship in the Siemens Competition in Math, Science and Technology. Sriharshita Musunuri’s research focuses on sepsis, which is one of the leading causes of death in U.S. hospitals.

Sepsis is when your body has an overactive response to infection. It can lead to organ failure. According to the Centers for Disease Control and Prevention, a quarter million Americans die every year from sepsis.

Musunuri, a student at Henry M. Jackson High School, got interested in doing this research after reading that horseshoe crab blood is used to detect a bacterial toxin that can cause sepsis. She said horseshoe crab blood can cost $15,000 per quart. So Musunuri created a tiny synthetic particle that could be used to detect and quantify the toxin.

“There’s still a lot of work to be done to get it to the stage where you’d be able to implement it within a hospital, but working with the results that I have now, that’s hopefully the path that I’m headed on,” she said.

Musunuri initially started her work with the University of Washington and then continued with Seattle’s Institute for Systems Biology. She plans to continue working on her nanoparticle with the hopes of eventually finding a commercial application for it.

“I’m hoping that if we can actually quantify the concentration of this toxin within a couple minutes, rather than having to wait for a blood test, which would take several hours, then we could potentially improve patient outcomes,” she said.

She presented her results at the national Siemens Competition in Washington, D.C. She said she hopes to study either chemical biological engineering or materials sciences in college.

Wednesday, December 6, 2017

Apex Frozen Foods stock has jumped 400% from IPO price in just 4 months of listing

Amid the ongoing euphoria in the Indian stock markets, there is one such stock which had grown nearly 5 times from its issue price within just 4 months of listing.

Indian stock markets have been rallying for the last one year with the key benchmark indices Sensex and Nifty returning about 24%. There are several blue-chip stocks which even beaten the stellar performance of domestic equities while a couple of small caps have more than doubled in the same period. In 2017, the IPO (initial public offering) market has also received a much decent response from almost all the investor classes, be it institutional or the retail buyers. More than Rs 65,000 crore has already been raised through the IPOs so far out of which five big insurers alone have lapped up about Rs 43,800 crore which includes General Insurance Corporation Rs 11,370 crore, The New India Assurance Company Rs 9,600 crore, HDFC Standard Life Rs 8,700 crore.

Amid the ongoing euphoria in the stock markets, there is one such stock which had grown nearly 5 times from its issue price within just 4 months of listing. Shares of Apex Frozen Foods ( CMD Karuturi Subrahmanya Chowdary) which got a bumper stock market debut on 4 September 2017 have gained 400% to Rs 900 on BSE in a 4-month period from its listing. The stock of Apex Frozen Foods rose as much as 5% on Wednesday to a lifetime high of Rs 900 and was locked in the upper circuit while it advanced 5% to Rs 902 on NSE. Shares of Apex Frozen Foods have been rising continuously after getting listed with a major upside achieved in last month only.

Market Capitalization of Apex Frozen Foods as on 6 December 2017 is 2.813 crores.

Shares of Apex Frozen Foods surged more than 20% on their stock market debut on 4 September in less than an hour of listing. Apex Frozen Foods rose 21% intraday to Rs 212.5 after opening 15.42% premium at Rs 202 from its issue price of Rs 175. On BSE the shares listed with an upside of 14.23% at Rs 199.9. The company raised Rs 152 crore from its three-day share sale between 22 August and 24 August which got subscribed 6.14 times. The issue comprised of fresh issue of 72.5 lakh shares and an offer for sale of 14.5 shares.

Apex Frozen Foods Ltd (AFFL) is an integrated producer and exporter of shelf-stable quality aquaculture products. It supplies ready-to-cook products to a diversified customer base consisting of food companies, retail chains, restaurants, club stores and distributors spread across the developed markets of USA, UK and various European countries. The company sells its products under the brands Bay fresh, Bay Harvest and Bay Premium.

Tuesday, December 5, 2017

Laurus labs is ready to flood the US with cheap HIV drugs

Among the coconut plantations and beaches of South India, a factory the size of 35 football fields is preparing to churn out billions of generic pills for HIV patients and flood the US market with the low-cost copycat medicines.

US patents on key components for some important HIV therapies are poised to expire starting in December and Laurus Labs -- the Hyderabad, India-based company which owns the facility -- is gearing up to cash in.

Laurus is one of the world’s biggest suppliers of ingredients used in anti-retrovirals, thanks to novel chemistry that delivers cheaper production costs than anyone else. Now, its chief executive officer, Satyanarayana Chava, wants to use the same strategy selling his own finished drugs in the U.S. and Europe. He predicts some generics that Laurus produces will eventually sell for 90 percent less than branded HIV drugs in the U.S., slashing expenditures for a disease that’s among the costliest for many insurers.

"The savings for U.S. payers will be so huge when these generic combination drugs are available in the U.S.," he said in an interview at the factory outside the Southern Indian city of Visakhapatnam. Payers will save "billions of dollars," he said.

In the U.S., Laurus will be going up against much larger companies like Teva Pharmaceutical Industries Ltd. -- the world’s biggest generic drug company -- which will beat it to market on generic Viread and so be the first to slash prices and lock down customers. Other generic companies, both from India and elsewhere, many of whom are customers of Laurus, are expected to enter the market too.

Meanwhile, the companies that hold the original patents, like Foster City, California-based Gilead, have also been successful at switching patients to their newer therapies to limit the impact of generic competition on the old ones, according to Bloomberg Intelligence analyst Asthika Goonewardene. He doesn’t predict a big impact from generic competition to the $2.6 billion Gilead gets from HIV drugs.

Cost savings that were an advantage in the developing world, may also prove less useful in a less price sensitive market like the U.S. Between government programs providing treatment for the uninsured, and drug company funded ones helping the insured with their co-pays, HIV patients in the U.S. are often sheltered from the full cost of their medicines.

So patients themselves may have little incentive to switch to cheaper alternatives, said Tim Horn, the New York-based deputy executive director of Treatment Action Group, an AIDS policy think tank. Newer drugs offer medical advantages to the ones going off patent, including fewer side effects, and the switch from one daily brand name pill to a mix of two or three may feel like a step back for many, he said.

For his part, Chava maintains he will eventually be able to undercut bigger rivals like Teva on price, and the magnitude of savings offered to insurers from generics will prove irresistible -- particularly as more components of the older combinations go off patent in the next three years.

"We believe we’ll be able to bring cost effective generic alternatives to the U.S. market," he said. "We have the scale."
That willingness to compete on cost has made Laurus a bright spot in India’s pharmaceutical industry in a year when the U.S. generics market has been rocked by a protracted price war. Laurus’s stock has risen about 23 percent since its public market debut in 2016. Analysts are forecasting that its revenue will rise to about $339 million in the current fiscal year from $279 million in the previous year.

Laurus controls about 66 percent of the global market for efavirenz, the chemical name for Bristol-Myers Squibb’s Sustiva, and 33 percent for tenofovir, the chemical name for Gilead’s Viread, according to a report earlier this year by investment bank Jefferies Group LLC.
A compact man of 54 with a trim mustache and rimless glasses, CEO Chava laughs enthusiastically as he recounts the scientific discoveries that helped give Laurus its edge. A chemist by training, he left his job as a C-suite executive at another Indian pharma company to found Laurus in 2005. He quickly saw an opportunity to improve the production process for efavirenz, which Indian generic firms were already producing in bulk for the developing world.

The key ingredient of efavirenz was a compound called diethylzinc, which had to be imported from Europe, and has a propensity for bursting into flames upon contact with water, or even humid air. So Chava and his team eventually found an alternative in the combination of two chemicals easily had nearby.

Where diethylzinc cost $80 per kilo -- plus all the precautions needed to keep it from exploding -- the two replacement chemicals together cost $5 per kilo. A similar innovation reducing the production cost of tenofovir by 75 percent followed, he said.

For now, Chava’s new factory is only producing test batches as it seeks to win regulatory approval to enter the U.S. It is meant to eventually produce as many as 5 billion tablets annually. On Nov. 30, the company said it had received tentative approval from the U.S. Food and Drug Administration to sell tenofovir.

He expects his company could be in the market with its version of tenofovir in three months or so, in partnership with another Indian company with a U.S. distribution network. While that timeline could mean being beaten to market by some of his competitors, he says he’s not worried.

"We don’t mind not being the first one," Chava says. "But we want to be the last one standing."

Monday, December 4, 2017

Gadde Ruthvika Shivani wins TATA open women’s title

In a 37-minute exciting women’s final, Ruthvika Shivani Gadde got the better of a very crafty Riya Mukerjee in straight games.

Ruthvika Shivani Gadde continued with her impressive form in the last month by winning the Tata Open India International Challenge in Mumbai on Sunday. After giving Olympic silver medallist PV Sindhu a run for her money in the semi-finals of the senior national championship in November, Gadde powered past Riya Mukherjee 21-12, 23-21 in 40 minutes to win the title.

Ruthvika Shivani Gadde won the opening game 21-12, and then saved three game points in the second before putting it across a younger and fighting opponent.

Saturday, December 2, 2017

Liberian President Sirleaf Admits Dr. Rao into The Order of The Star of Africa with the Grade of Commander

President Sirleaf Admits Dr. Rao into The Order of The Star of Africa with the Grade of Commander. 

The Liberian leader commended Gullapalli Nageswara Rao for what she called his exceptional performance and contributions to Liberia.

According to an Executive Mansion release, President Sirleaf made the commendation last Friday, November 24, 2017 in the C. Cecil Dennis Auditorium at the Ministry of Foreign Affairs, when she, as Grand Master of the Order of Distinction of the Republic of Liberia, admitted Dr. Gullapalli N. Rao into the Order of the Star of Africa, with the Grade of Commander. Born of Indian-descent, Dr. Rao is Founder of the L.V. Prasad Eye Institute, which has already operated on and improved the eye sights of about 6,000 patients in the country.

“You and your team from India that have established this Branch of the L.V Prasad Eye Institute here in Liberia have been doing so exceptionally; working with doctors and medical personnel at the John F. Kennedy Medical Center to meet and treat the number of eye patients currently benefitting from your service in Liberia,” President Sirleaf stressed in her opening statement.

President Sirleaf commended Dr. Rao and his team for responding to the Government of Liberia’s call at quick notice to extend the operations of the L.V. Prasad Eye Institute to Liberia some three years ago. The L.V. Prasad Eye Institute’s rapid response was accompanied by the some of the best state of the art medical equipment to the country.

President Sirleaf praised Dr. Rao thanked he and his men’s for working with various group, including those from the civil society, local and international partners in exploring other avenues; giving special care and attention to children with eye-related problems and the manufacturing of special eye glasses for them in a bid to save them from early blindness. “Your commitment has been tremendous,” President Sirleaf told the Indian Doctor and his compatriots.

President Sirleaf said since coming to power on Monday, January 16th, 2006, her administration has always strived to make sure that the health sector is improved for the well-being of the Liberian people. She said one area where much attention has not been given is the eye care sector to save Liberians from unnecessary blindness and curable eye diseases.

The Liberian leader said it was predicated upon this need that about three years ago, while on a State visit to India, she was fortunate to come into direct contact with Dr. Rao; and during their interaction, the need for expanding operations of his Eye Institute to Liberia was expressed. She said few months later, the request was reciprocated as a result of Dr. Rao and team bringing into the country - some of the most sophisticated eye medical equipment that have been installed at the John Kennedy Medical Center.

She said since the eye center was opened to the Liberian public during this year’s July 26th celebrations, about 6,000 patients have been treated at the facility with various eye problems from across the 15 counties.

Responding, Dr. Gullapalli N. Rao recounted that about three years ago while catering to a Liberian girl with some eye problem in India, President Sirleaf was also in India on a State visit, and during their interactions, the issue of extending the L.V. Prasad Eye Institute’s services to Liberia was discussed.

Dr. Rao noted that following successful operations on the eyes of the Liberian girl who was taken to India, he and some members of team decided to extend the facility to Liberia in honor of President Sirleaf’s request.

He narrated that since arrival in Liberia with a view to setting up a Branch of the L.V. Eyes Institute at the John F. Kennedy Medical Center Compound, the eye center has since treated over 6,000 patients, with various degrees of eye problems.

Dr. Rao noted that during the dedicatory ceremony in July of this year, he assured Liberians that as long as the facility is here, by the year 2030, “no Liberian will go needlessly blind, like it was in the past, when the L.V. Parsat Eyes Institute was not in the country.

Similarly, Dr. Rao again assured Liberians that while his facility has also been catering to about 6,000 patients over the last five months, carrying on Cornea transplants; the next focus of the Eye Institute will be to cater to cataract patients. He said by the year 2020 the facility should be able to treat at least 20,000 Cataract patients across Liberia and in the sub-region.

The ceremony was graced by several senior government officials, including Justice Minister, Cllr. Frederick D. Cherue, Information Minister, Lenn Eugene Nagbe, National Security Advisor, C. Clarence Massaquoi, Madam Winnie Scott MacDonald, Administrator of the John F. Kennedy Medical Center, the Doyen and Members of the diplomatic corps, among others.

Kamma High court and Supreme court Judges Past and Present

1) Justice Ramineni Kousalendra Rao: Advocate General Nagapur Hight court 1946 and Judge Madhya Pradesh High Court1949.

2) Justice K. Veeraswamy: Chief Justice Madras High Court

3) Justice A Alagiri Swamy: Judge Madras High court and Judge Supreme Court

4) Justice V.Ramaswamy: Judge Madras High Court and Chief Justice of Punjab and Haryana High Court and Judge Supreme Court

5) Justice G Ramanujam: Judge Madras High Court

6) Justice Davuluri Munikannaiah: Judge AP High Court

7) Justice Avula. Sambasiva Rao: Judge and Chief Justice of AP High Court

8) Justice Challa. Kondaiah: Judge and Chief Justice of AP High Court

9) Justice Konamaneni Amareswari: Judge AP High Court

10) Justice P.A.Choudary: Judge AP High Court

11) Justice Polavarapu. Rama Rao: Judge AP High Court

12) Justice A.V. Krishna Rao: Judge AP High Court

13) Justice Chintamaneni.S.R.K. Prasad: Judge AP High Court

14) Justice Gogineni. Radhakrishna Rao: Judge AP High Court

15) Justice Jasti Chelameswar: Judge AP High Court, Chief Justice Guwahati High Court and Kerala High Court, Judge Supreme Court (Sitting)

16) Justice Jasti.Eswara Prasad: Judge AP High Court

17) Justice Sunkavill. Parvatha Rao: Judge AP High Court

18) Justice Hanumanthu: Judge AP High Court

19) Justice Thotakura RangaRao Judge AP High Court

20) Justice Pemmasani Sankara Narayana: Judge AP High Court

21) Justice Nuthalapati Venkata Ramana: Judge AP High Court, Chief Justic Delhi High Court, Judge Supreme Court (Sitting)

22) Justice Challa Kodanda Ram: Judge AP High Court (Sitting)

23) Justice Dama Seshadri Naidu: Judge AP High Court (Sitting)

24) Talluri Sunil Chowdary: Judge AP High Court (Sitting)

25) Kongara Vijaya Lakshmi: Judge AP High Court (Sitting)

26) Justice D. Raju: Judge Madras High Court, Cheif Justice Himachal Pradesh High Court , Judge Supreme Court

27) Justice E. Padmanabhan: Judge Madras High Court

28) Justice K. MohanRam: Judge Madras High Court

29) Justice K. Venkataswamy: Judge Madras High Court, Judge Supreme Court.

30) Justice K. Govindarajan: Judge Madras High Court

31) Justice S. Sethraman: Judge Madras High Court.

32) Justice R. Mala: Judge Madras High Court 

33) Justice B Gokuldas:  Judge Madras High Court 

34) Lavu Nageswara Rao: Judge Supreme Court (SittingAdditional Solicitor General in the Supreme Court of India (Past)

35) Padma Bhushan Patibandla Chandra Sekhara Rao: Judge at the International Tribunal for the Law of the Sea

** Ellinti Manohar: Advocate General Government of Andhra Pradesh (Past)

** Dammalapati Srinivas: Advocate General Government of Andhra Pradesh (Present)

Friday, December 1, 2017

Archer Surekha strikes gold to end up with three medals

Vennam Jyothi Surekha ended the 20th Asian Archery Championship on a golden note. The 21-year-old Vijayawada girl struck gold in the Compound Women's Team Event in Dhaka on Thursday.

The Indian team comprising Surekha, Parveena and Trisha defeated the Korean team 230-227 to clinch the yellow metal. Surekha scored 80 out of 80 to set the tone of the resounding win.

In the semis, the Indians had defeated hosts Bangladesh with consummate ease. The Indian archers own 228-213. The quarterfinals too was an easy outing for the Indian trio as they toyed with Hong Kong in an uncomplicated 233-222 victory.

On Wednesday, Surekha had to settle for an Individual Bronze medal in the Compound women's category.

The Andhra Pradesh archer went down to fancied Choi Bomin of Korea in the semifinals. The Korean pulled off a 144-138 win over her Indian rival.

Surekha, however, made amends for the poor show with a spirited show in the bronze medal match. The Indian put it across Chinese Taipei's Wu Ting Ting in a closely fought match. Surekha prevailed 146-142 to win the bronze.

Earlier in quarterfinals, Surekha was up against her teammate Parveena. The duo gave their best but Surekha managed to eke out a 146-140 over her country mate.

On Tuesday, Surekha had won the first medal of the championship. She teamed up with Abhishek Verma to win the silver in the Compound Mixed Team event. The Indian duo went down fighting to the fancied Koreans 153-157 to settle for the silver.

Arjuna awardee Surekha finished with three medals - a gold, silver and bronze. The Indian Compound team won two gold, three silver and a bronze medal.

Saturday, November 25, 2017

Forbes India Leadership Award 2017: Alluri Indra Kumar

Forbes India Leadership Award 2017: Value Creator

Avanti Feeds’ share price has clocked an annual growth of 122% in the last 10 years. In the last year, it has shot up 400%

Alluri Indra Kumar, 55, the chairman and managing director of Avanti Feeds, is a man of few words. In the early 1990s, when he was executive director of the Hyderabad-based Avanti Feeds, he spotted an opportunity in the shrimp feeds market. The company, founded by Kumar’s father Venkateswara Rao in 1993, was at the time mainly involved in manufacturing proteins for medicinal and food products.

He foresaw the boom in aquaculture and believed that, as a ripple effect, the market for shrimp feed would expand. He started meeting fish and shrimp farmers to understand their requirements. “Farmers want quality feed. Over the years, we have supplied farmers quality products and thus our market share has kept increasing,” he says. In 1993, the company had a market share of 7 percent, which has gone up to 45 percent today.

Kumar had to consistently maintain the quality of the product year after year because farmers would not stay with a sub-standard product; shrimp feed is the single largest expense for the farmer and if the quality of the feed is not right, farmers quickly move to other manufacturers. Kumar understood this and created a customer-focussed company. The result now reflects in the stock price of the company as well. Over the last 10 years, the share price of Avanti Feeds has grown from ₹10 to ₹2,860—an annual growth of 76 percent, against the Sensex’s 6.5 percent in the period. In the last one year, the stock has shot up 400 percent, giving the company a market cap of around ₹12,800 crore as on November 3.

Simply put, Avanti Feeds is one of the fastest growing mid-cap companies in the Indian market and investors feel there is still a lot of steam left.

The stock is discussed at investor forums and many funds—such as the L&T Emerging Business Fund for which Avanti Feeds constitutes 1.94 percent of net asset value—have reaped the rewards of believing in it.

In FY17, Avanti Feeds reported total revenues of ₹2,732.66 crore and a net profit of ₹226.74 crore. While revenues grew at 35 percent, net profit went up by 42 percent over the last one year. Also, over the years, Avanti Feeds has maintained a very high return on equity (RoE) of close to 40 percent, and investors feel it can sustain this for quite some time. “We believe we will grow at around 20 percent for the next few years to come. That should keep our RoEs in a comfortable position,” says Kumar. The stock market too believes the company can maintain its growth rate; the price-to-earnings (P/E) ratio of the stock works out to 31 times its FY17 earnings.

Investors prefer companies that have a global market and one that grows fast. According to a 2013 World Bank research paper, aquaculture is the fastest growing form of food production in the world, with total fish supply expected to increase from 154 million tonnes in 2011 to 186 million tonnes in 2030. Aquaculture is projected to supply over 60 percent of fish destined for direct human consumption by 2030.

India is one of the fastest growing markets in this segment, where shrimps account for the bulk of seafood exports. The country has become the second largest exporter of shrimps to the US market, and Indian shrimps are sold at a premium. The overall export of shrimps in 2016-17 was pegged at 4.34 lakh tonnes; dominated by whiteleg shrimps, production of which touched 3.3 lakh tonnes in 2016-17, according to data from the ministry of commerce & industry.

Many people credit the success of whiteleg shrimp farming to Kumar. In 2009, the government of India allowed the commercial cultivation of whiteleg shrimps, which grow faster and are more resistant to diseases compared to black tiger shrimps. Avanti Feeds needed a partner to get the technical know-how for the manufacturing of feed for whiteleg shrimps. In 2009, it sold a 25 percent stake to Thai Union Group, one of the largest seafood companies in the world, for ₹5 crore in exchange for technical know-how. The move worked: The market share of the company went up from 25 percent in 2008 to the current 45 percent.

In 2008-09, Kumar also decided to expand to Gujarat, to cater to shrimp farmers along the west coast, by setting up a 50,000 metric tonne manufacturing plant at Pardi in Valsad district, at a cost of ₹40 crore. Most other feed manufacturers had their plants in Andhra Pradesh and Tamil Nadu. Avanti Feeds’ other plants are in Kovvur, Vemuluru and Bandapuram in the West Godavari district of Andhra Pradesh.

Kumar feels that the global market has huge potential for Indian aquaculture and that is the reason why many shrimp farming capacities are being added across the nation, especially in new places like West Bengal and Haryana.

The biggest challenge, though, is the lack of sufficient feed. To address this problem, Avanti Feeds is adding 1.75 lakh tonnes of capacity at ₹50 crore, which will take its total capacity to 6 lakh tonnes by February 2018. “But from here onwards the company will take time to move to 10 lakh tonnes. The growth of the company is also a function of the capacity that it adds,” says an investor, who did not wish to be named but who has been invested in the company for the last 10 years. The general rule is that every ₹100 crore of investment in capacity expansion will result in ₹1,000 crore of additional sales.

Avanti Feeds’ share price has clocked an annual growth of 122% in the last 10 years. In the last year, it has shot up 400%

Kumar has worked out in-depth requirements of shrimp farmers. “The farmer has to be successful, for us to be successful.”

A long-term and meticulous planner, “he has been able to put up additional capacities at smaller costs than competitors due to in-house planning and execution,” says a senior manager who works closely with Kumar.

He has also built a team of in-house experts who help out with the planning process. The company follows project management techniques like Program Evaluation and Review Technique (PERT) and Critical Path Project Management (CPM). Kumar plans for two to three years and then spends time executing the projects; in fact, he likes to keep an ear to the ground and often lives at the project sites.

“The most important thing is to understand the market and how it is growing. Then we forecast our requirements. We take the approvals from the board and immediately start to implement the plans. I guess that is what has worked for us,” says Kumar. But to do this in-house, Kumar is totally dependent on his team. “To implement plans the team needs to be flexible. If you are not flexible and have a strong view then you have to prove your point,” he adds.

While Kumar is known for his compassion among his employees, his customers (the farmers) know him as the man who rescued them from the clutches of credit. Avanti Feeds changed the way feed companies worked with farmers. Earlier, distributors would take the feed from the companies on credit and give it to the farmers on credit. This led to problems because when diseases struck and farmers lost their earnings, they were not able to repay the company.

Avanti Feeds decided to do away with credit in their transactions with distributors, and switched to cash. This meant that even in the case of a disease outbreak or a natural calamity, Avanti Feeds’ earnings would not be affected. “We have a simple theory. Credit kills. It tempts people and allows them to take their business casually,” says Kumar. Farmers can now make better estimations of their yield and adjust their costs accordingly, since they know that they can’t rely on credit.

This system also means less pressure on the company’s working capital, as almost 85 percent of receivables are in cash. The company receives money throughout the year and gets credit of 15 days on payables. It has a cash surplus of around ₹400 crore.

Kumar, who is on the lookout for related areas to invest his funds in, would like to fully integrate his aquaculture business. Currently, he is looking at new fish feed as well as new species to develop for the farmers.

He has also entered the frozen foods sector, which accounts for 10 percent of his total turnover but is expected to grow. In 2015, Avanti Feeds set up Avanti Frozen Foods, with a 40 percent equity from Thai Union, and is working on a new export-focussed shrimp processing plant in the village of Yerravaram in the East Godavari district of Andhra Pradesh. He is also considering cultivating sea bass, a protein-rich fish with a strong demand in the export market.

Presently, Kumar’s focus continues to be on the end user. The farmers invest around ₹6 lakh per hectare in ponds to create infrastructure for shrimp farming; shrimp feed comprises 45 percent of the total costs. The company is working towards reducing the cost of the feed. “Feed is the single largest expense for farmers. Earlier, this expense was around 55 percent [of total cost], which we have brought down to 45 percent over the last eight years,” says Kumar.

Avanti Feeds is also looking to reduce the feed conversion ratio (the amount of feed given to the shrimps compared to their increase in weight). At present, 1.5 kg of feed generates 1 kg of shrimp; the company is trying to generate the same amount of shrimp with 1.3 kg of feed.
But achieving this target is easier imagined than done, since feed is a finely balanced mix of dried fish powder, deoiled soya cake and white flour. Thai Union is involved in the formulation of this feed.

That Kumar and Avanti Feeds are true value creators is endorsed by competition too.

“I could make out that he had planning and execution capabilities. He clearly had a growth path for the company,” says P Brahmanandam, managing director of Devi Sea Foods, one of the largest exporters of shrimps in India. And Kumar has proved him right, growing Avanti Feeds in leaps and bounds into a highly profitable company.  

This story appears in the 24 November, 2017 issue of Forbes India. You can buy our tablet version from Magzter.com

Monday, November 20, 2017

Only 14, but Pullela Gayatri Gopichand winning U-19 titles already

As 14-year-old Pullela Gayatri made her way to her first U-19 title with a 23-21, 21-18 over top seed Purva Barve of Maharashtra.

Pullela Gopichand is no less than a legend in the sport of Badminton. As good of a player he was, Gopichand's legacy will surely go down in history as one of the greatest coaches in the history of the sport.

Almost single-handedly, the ace former shuttler has transformed the sport of Badminton in India, and it currently sees both men's and women's players among the top 3 in the BWF rankings.
Almost the entire current crop of badminton stars in the country come from the famed Gopichand Academy, trained by the legend himself, and it is easy to see why the success rate in the sport is so incredibly high. And now, it seems that the next generation of Gopichand is ready to mix it up with badminton's best.

Pullela Gopichand's 14-year-old daughter Gayatri Gopichand has done what many eventually expected, as she has clinched her maiden All-India Junior Ranking Badminton Tournament, which is an U19 singles event.

She got the victory over stiff competition from a talented bunch of young and upcoming shuttlers. Gayatri's mother, PVV Lakshmi, won the same crown back in the day, and now sees her daughter emulate her.

Gayatri represented Telangana as her state in the event and faced Purva Barve of Maharashtra in the final. The final itself was a high-octane battle, but Gayatri looked in control from the offset and ended up winning the match as well as the championship 23-21, 21-18.

What makes the victory even more special is the fact that Gayatri wasn't considered one of the top players when she made her way into the tournament, not even being among the top 16 seeded entries in the U19 girl's category.

Purva Barve, her finals opponent, however, was the top seed, and was widely tipped to win the entire tournament. Gayatri's win, on paper, may seem to have been written in the stars, but it was far from the case when she first took to the courts to battle it out against the rest of the pack.

On her way to the championship crown, Gayatri beat the likes of Ananya Goel, Kanika Kanwal, Malvika Bansod, Ashwini Bhat K and finally Purva Barve. Her triumph in the U19 category has put Gayatri Gopichand well and truly on the map, as well as, on the path to hopefully replicating her father's phenomenal achievements in the sport.

Thursday, November 16, 2017

Anisha Adusumilli, first-generation American actress and Director

Anisha Adusumilli is a first-generation American actress born and raised in the Midwest with an East Indian heritage. An artist from a young age, Anisha began studying classical piano at the age of 5 and cultivated her passion for the arts through the Trinity College of London. Continuing her creative expression through dancing and singing, Anisha inevitably discovered her love for acting. Studying both Business and Theater at UCLA, she immediately began her career in film and television upon graduation. Recent credits include Fox's New Girl, CBS' How I Met Your Mother, NCIS: Los Angeles, and NBC's Heartbeat, among others.

Anisha resides in Los Angeles where she creates her owncontent, telling stories from her point of view and collaborating with otherlocal artists. Anisha continues to tell stories globally with passion, conviction, and a mission to be an example that people can overcome thegreatest of obstacles through action and self-belief.

Tuesday, November 14, 2017

Rana Daggubati all set to debut in Malayalam cinema as King of Travancore, Marthanda Varma

There have been rumors aplenty of Rana Daggubati‘s Malayalam debut. In fact,  a rumours of the actor having signed a Malayalm film was doing the rounds recently until the actor himself rubbished it. But the long awaited debut is finally happening! As per the latest announcement, the actor has been roped in to play the king of Travancore – Matharanda Varma in the film titled – Anizham Thirunal Marthanda Varma. According to history, he was the king to have defeated a foreign power in India as he battled it out with the Dutch at Colachel. This is the first part of the historical drama followed by another movie on Dharmaraja aka Karthika Thirunal Marthanda Varma who succeeded Marthanda. Needless to say, this will be a project made on a grand scale.

“This will be a project on a massive scale. Scriptwriter Robin Thirumala and I have been researching intensively  for the last three years. We have finalised and signed the crew that includes big names. We plan to go on floors by next August:” stated K Madhu who has stated it is grand project. As per the same report, he has confirmed that big names form Malayalm industry will be part of this film. While the lead for the first part has been finalised, the lead of Part 2 is yet to be confirmed! Apart from the actors, big names form others field have also been brough on board. Peter Hein, a renowned stunt choreographer will be part of this project, Resul Pookutty has also been signed for this ambitious tale. That’s not all. Keeravani, the maestro who composed music for baahubali will be part of this big scale project as well!

This period drama will be Rana Daggubati’s third film in the same genre. We already saw him in Baahubali where he played the cruel, ruthless king – Bhallaladeva and he also has Madai Thiranthu / 1945 coming up!

Sriharshita Musunuri Wins Regional Siemens Competition

Regional Winners Move on to Final Phase of Competition: National Finals in Washington, D.C.

Sriharshita Musunuri (Mill Creek, WA) Wins Top Individual Honor.

The Winning Individual for Region One is Sriharshita Musunuri, a senior from the Henry M. Jackson High School, in Mill Creek, WA, won the individual category and a $3,000 scholarship for her project titled, “Computational and Experimental Design of MIP Nanoparticles: A Novel Theranostic Solution to Detect and Neutralize Endotoxins.”

Sriharshita’s project addresses a difficult challenge faced in U.S. hospitals every day: gram-negative bacteria that causes sepsis which can cause organ failure in patients, and is the leading cause of death in US hospitals. Lipopolysaccharides (LPS) are harmful biomolecules found on the surface of gram-negative bacteria and are responsible for over 50% of sepsis cases. Shriharshita designed a new polymer nanoparticle that captures the harmful LPS bacterial endotoxins and could be used to treat and diagnose the bacterial infection.

“Sriharshita’s research leads to faster diagnostic testing in clinical settings that could reduce patient deaths from sepsis,” says Dr. Brittany Needham, a postdoctoral scholar at Caltech. “She approached this problem in a far more comprehensive way than others have and her method was particularly impressive. She figured out a way not only to detect this life-threatening bacteria, she also found a way to help prevent it.”

Past efforts to detect and extract LPS effectively have been hampered by high costs or incompatibility with human body fluids. Sriharshita’s research could make it easier to detect the presence of LPS and prevent the resulting endotoxic shock syndrome that can lead to sepsis, multiple organ failure, and death.

Sriharshita is also the founder of a non-profit organization that raises sepsis awareness called InflammAid. She is also a Davidson Fellow Laureate, a 2-time Intel ISEF finalist, winning Best-of-Category in Physical Energy and the Innovation Exploration Award for her work on thermoelectrics.

Sriharshita’s mentor is Christopher Lausted at the Institute for Systems Biology.

This year, for the first time, a new pricing structure will ensure that national finalists will receive a minimum of $25,000, according to Siemens.

Saturday, November 11, 2017

Ramakrishna Prasad Chintamaneni: Executive Vice President and President of Global Industries & Consulting at CTS

Mr. Ramakrishna Prasad Chintamaneni (47) has been an Executive Vice President and President of Global Industries & Consulting at Cognizant Technology Solutions Corporation since December 4, 2013 and August 2016 respectively. Mr. Chintamaneni served as President of Banking and Financial Services at Cognizant Technology Solutions Corporation since December 4, 2013 until August 2016. From 2011 to December 2013, Mr. Chintamaneni served as Global Head of Banking and Financial Services Practice of Cognizant Technology Solutions Corporation and was responsible for the practice’s sales, business development, consulting, client relationships, management and delivery and global profit and loss. Previously, from 2010 to 2011, Mr. Chintamaneni served as Global Head of Markets for the Banking and Financial Services Practice of Cognizant Technology Solutions Corporation. From 2006 to 2009, he served as Head of Banking and Financial Services Practice for North America at Cognizant Technology Solutions Corporation. From 1999 to 2006, Mr. Chintamaneni served as Client Partner, managing the relationships with several of Cognizant's key Banking and Financial Services clients and also led its U.S. Eastern Region’s Banking and Financial Services Practice. 

Prior to joining Cognizant in 1999, Mr. Chintamaneni spent seven years in the investment banking and financial services industry, including working at Merrill Lynch and its affiliates for five years as an Investment Banker and a member of Merrill’s business strategy committee in India. Mr. Chintamaneni serves on the Board of Directors of NPower, a nonprofit that helps nonprofits, schools and individuals build technology skills by harnessing the power of the technology community. Mr. Chintamaneni obtained his Bachelor of Technology degree in Chemical Engineering from the Indian Institute of Technology, Kanpur and a Postgraduate Diploma in Business Management from XLRI School of Management in India.

Musunuri Lalith Babu crowned national chess champion

PATNA: PSPB Grandmaster Musunuri Lalith Babu was crowned the undisputed champion after Odisha GM Debashis Das defeated challenger Aravindh Chithambaram of Tamil Nadu in the National Premier Chess Championship here today.

Lalith Babu scored nine points in the tournament organised by All Bihar Chess Association.

In an equal position arising out of the Catalan opening, Babu surprised everyone by allowing GM Swapnil Dhopade to repeat the moves and get away with a draw claim in just 14 moves, shortest in terms of both moves and time.

Lalit, not happy with his play against Swapnil, was joyous with Debashis’ victory that not only gave him the title but also ensured his presence in the Indian team for the next Olympiad.

Thursday, November 9, 2017

Raja Koduri joins Intel as Head of new Core and Visual Computing Group

In a shocking announcement, Intel has confirmed that former Radeon Technologies Group head Raja Koduri will join the company as a chief architect and senior vice president of its newly-formed Core and Visual Computing Group. In that role, Intel says Koduri will bolster Intel's leadership in integrated graphics processors and—incredibly—complement those products with "high-end discrete graphics solutions for a broad range of computing segments."

With what is sure to be a wide-ranging mandate, Intel says Koduri will be responsible for delivering "differentiated IP across computing, graphics, media, imaging, and machine intelligence capabilities for the client and data center segments, artificial intelligence, and emerging opportunities like edge computing."

My jaw now sports a third bruise from hitting various flat, hard surfaces this week. Although we're likely a long way from seeing shipping products shaped by Koduri's team, Intel seems to be taking an incredibly pointed and aggressive step forward in challenging Nvidia's white-hot energy in machine intelligence and massively parallel computing applications.

In the near term, Koduri's influence could help to bring much-needed order to Intel's AI and visual-computing efforts, which have until now been scattered across a range of internal projects like the Xeon Phi accelerator and external acquisitions like Movidius and Nervana. Although those technologies are all exciting and potentially important on their own, the proceedings that have led to their home under Intel's big blue umbrella have all felt a bit disordered.

Koduri undoubtedly has a clear vision for the future of GPUs and massively parallel computing that's independent of any one company or technology, and Intel will be fortunate to have that vision on its bench of talent going forward.

Although machine learning and visual computing are perhaps the most important challenges he'll face, Koduri's hire also suggests that Intel is ready to fully embrace the excitement around PC gaming that's continued to strengthen even as the broader PC market has contracted quarter after quarter for multiple years in a row.

Many a budding gamer has likely used an Intel IGP to dip their toe into Dota 2 or League of Legends, but the company has never been able to hold onto that excitement as that same gamer sets their eyes on higher-resolution displays, higher refresh rates, higher-quality graphics, and the accompanying bottomless thirst for pixel-pushing power that those gaming experiences require. Assuming I'm reading Intel's press release correctly, that's all set to change.

Koduri's expertise leading teams that have produced those high-end graphics products, combined with Intel's massive resources, world-class process technologies, and an apparent newfound commitment to producing high-end discrete graphics processors, has the potential to be an epochal shift in the balance of power among Intel, Nvidia, and AMD.

Presuming Intel puts its Carolina Reapers where its mouth is, we could see a remarkable reshuffling of the names on the chips that power high-performance PCs. The only question is how soon that new era will dawn, but one thing is for sure: the road to that point will be long, contentious, and above all, exciting. I can't wait to see what happens next.

Wednesday, November 8, 2017

Raja Koduri leaves AMD, now rumored to join Intel

Intel could score Raja Koduri, fresh from the arms of Radeon Technologies Group and AMD

It wasn't even a couple of hours ago that news broke that Raja Koduri, the boss of Radeon Technologies Group, left AMD. Now rumors are starting with "sources closed to the related companies" telling WCCFTech that Koduri would be joining Intel.

Raja leaving AMD and joining Intel will surely be interesting, with AMD CEO Lisa Su currently in talks with analysts to try and minimize the impact of Raja's departure to AMD. Raja's future at Intel could truly be bright, since Intel just yesterday announced a collaboration with AMD using their semi-custom division to build a new chip that would use Raja's work from Vega, into Intel's new Kaby Lake-G products.   This new Intel/AMD team up was birthed from Raja's vision, and a day after it was announced he's out of the company. I reached out to industry sources to confirm the news earlier today, and then asked about Intel, to which they said nothing is concrete yet. They did confirm that Raja would fit perfectly at Intel, either working in their new Intel/AMD products, or working on a new discrete GPU for Intel, with Intel's near unlimited pocket

Monday, November 6, 2017

Bharat Nalluri's "The Man Who Invented Christmas" opens in theaters November 22

Of all the books Charles Dickens wrote, none has been more often adapted for the screen than “A Christmas Carol,” drawing under its spell stars as diverse as Albert Finney, Bill Murray, Jim Carrey, Mickey Mouse and the Muppets. Rather than retelling the classic once again, fresh take “The Man Who Invented Christmas” focuses on Dickens himself, revealing the equivalently satisfying story of how the English author conceived his beloved yuletide novella — while offering a chance for a splendidly cast Christopher Plummer to play Ebenezer Scrooge in the process.

Satisfying as it is to see a late-career Plummer tackle the iconic role, the subject of this particular film remains Scrooge’s creator, who may have had more in common with the old miser than audiences realize. The year was 1843, by which time Dickens (played here by “Downton Abbey” star Dan Stevens) had already tasted success, only to lose his publishers’ confidence after a series of “flops” (although the colorful term wouldn’t be coined for another 50 years). Not only did Dickens desperately need a hit, but if the movie’s rather fanciful title is to be trusted, Christmas itself was in similarly dire straits, being little more than a pitiful excuse for devout souls to take a day off work. (This was right around the time Brits started to embrace the German tannenbaum, following Queen Victoria’s lead, and long before Coca-Cola’s clever ad team reimagined Santa Claus as a jolly fat man sporting the company’s red-and-white colors — not that the movie has much to say about the true history of the holiday.)

Steering by Les Standiford’s well-researched book, screenwriter Susan Coyne seizes the opportunity to reveal interesting details about the celebrated author’s life via the process by which he brought “A Christmas Carol” to life. In the final manuscript, Scrooge is visited by three spirits — a device which nicely aligns with the way Dickens himself claims to have experienced inspiration: Once he’d identified his characters, they would haunt his waking hours, popping up in the strangest of places and effectively telling him what to write.

That makes for a naturally cinematic way of depicting Dickens’ creative process (far more engaging than the standard cliché of a frustrated writer, scribbling away at false starts, only to wad up and discard the inadequate pages as he goes), though much of his time here is spent juggling demands from his family and immediate social circle. There’s his overwhelmed yet ever-smiling wife Catherine (Morfydd Clark), pregnant with their fifth child; his financially irresponsible father John (Jonathan Pryce), whose recklessness holds the key to Charles’ greatest childhood trauma; and newly arrived Irish housemaid Tara (Anna Murphy), a chaste muse whose colorful bedtime stories supply the seemingly crazy idea of writing a Christmas story when the holiday itself is only weeks away.

Director Bharat Nalluri depicts each of these figures — and many more — as if they were characters in one of Dickens’ novels, and soon they will be (Dickens fans may also recognize their imprint on other works still to come, especially as regards the author’s crusade on behalf of children’s rights). But the movie strikes an odd tone en route to Dickens’ career-saving triumph, as the author himself is hyper-animated, a somewhat fatigue-inducing force of nature who pinwheels from one end of London to another outfitted like Willy Wonka (the Gene Wilder version), even as we’re told he’s crippled by writer’s block. These two paradoxical states combine in Mychael Danna’s manic score, which embodies the sporadic march of stop-start inspiration, while contributing to the film’s rather dizzying sensibility overall.

One moment we’re told Dickens never felt more sure of a project, while the next, he’s tearing apart his study in search of that elusive ending. Still, it’s silly to pretend that he might not finish a book that director Nalluri clearly assumes his audience knows by heart — or at least well enough that he needn’t bother to retell “A Christmas Carol” as Dickens discovers the familiar cast of his novella, who are played here (like the Tin Man, Scarecrow and Cowardly Lion in “The Wizard of Oz”) by people in the author’s real-life orbit. Applying the spirit of the finished work to the act of its creation, “The Man Who Invented Christmas” feels perfectly consistent with such literary biopics as “Shakespeare in Love” and “Goodbye Christopher Robin,” which trade on a preexisting familiarity with the oeuvre in question.

In addition to being a rather fine addition to the Christmas-movie canon, the film marks a useful teaching tool — a better option for classroom screenings than any of the previous “Carol” adaptations, once students have finished reading the novella. Still, while it’s instructive to discover (or at least to speculate) how details from the story corresponded with aspects of Dickens’ private life, this strategy has a tendency to undermine the author’s enormous talent. The movie risks suggesting that Dickens wasn’t a great writer so much as a professional magpie, stealing names, characters, dialogue and ideas from the world around him, while leaving little room for that most precious of creative tools: the author’s imagination.

On one hand, it’s reasonable to imagine that the film’s director might be unfamiliar with the writing process, but surely Coyne (who penned the script) knows it doesn’t work as depicted. The film unfolds as a series of “Eureka!” moments — although here, the operative word is “Humbug!” first overheard emanating from the lips of a grumpy old tightwad (also played by Plummer). Dickens may have imagined a character ripe for enlightenment, but it’s a wild fantasy to suggest that writing “Carol” redeemed the author in the same way — as Ralph Fiennes reminded us in his superior turn as the philandering literary genius in “The Invisible Woman.” Likewise, though Dickens clearly championed goodwill and charity around the holiday, audiences have seen the confused Spirit of Christmas Yet-to-Come, and he should hardly be blamed for inventing it.

N Sriram Balaji win Shenzhen Challenger tennis title

N Sriram Balaji and Vishnu Vardhan  upset the fourth-seeded American duo of Austin Krajicek and Jackson Withrow 7-6(3), 7-6(3) in the final of the Shenzhen Challenger event in China

N Sriram Balaji and Vishnu Vardhan won their third Challenger title of the 2017 season together when they downed Austin Krajicek and Jackson Withrow in the final of the Shenzhen event in China.

The giant-killing Indians upset the fourth seeded Americans 7-6(3) 7-6(3) in a tight summit clash of the USD 75,000 event.

They earned 90 ranking points each and split USD 4650 as prize money.

Before this event, Vardhan and Balaji had triumphed at Chengdu and Fergana as well.

Wednesday, November 1, 2017

Suresh Chukkapalli made S Korea’s Honorary Consulate General

Hyderabad: Suresh Chukkapalli, Chairman of Phoenix Group, has been appointed as the Honorary Consul General in Hyderabad. Republic of Korea has appointed Suresh with consular jurisdiction over Telangana state, according to a release.

The Ministry of External Affairs, Government of India, has notified the same in Gazette notification dated October 25. Suresh Chukkapalli will be given charge formally on November 1 at a ceremony scheduled in New Delhi.

South Korea is the fourth largest economy in Asia and the eleventh largest in the world known for its economic miracles. Responding to his new responsibility, Suresh said “the honour is bestowed at a time when Koreans are trying to improve their presence in Telangana. Hyderabad will soon have a full-fledged Honorary Consulate General Office of Republic of Korea.”

Tuesday, October 10, 2017

Kishore Tummala's "I can't breathe" won the “Best Short Film” award at FOG 2017.

Kishore Tummala on the red carpet during FOG Movie Fest 2017

FREMONT, CA: Kishore Tummala, a New Jersey-based software engineer, made his first film and won the “Best Short Film” award at FOG 2017. Titled “I Can’t Breathe”, the film tells the story of a young African-American man who has recently won a basketball scholarship and has plans to propose to his girlfriend. Kishore is the writer, Director and Producer of that film.

During a routine traffic stop while riding in his friend’s car in the passenger seat, a police officer shoots and kills him. His distraught mother seeks forgiveness and reconciliation as a solution, rather than revenge.

On September 22, the film opened at the Laemmle Theater in Pasadena, California. Kishore aims to get the film noticed by members of the Academy of Motion Pictures (they run the Oscars) and entered into competition. 

Saturday, October 7, 2017

Raju Narisetti appointed CEO of Gizmodo Media Group

Spanish language television network, Univision Communications, Inc. (UCI), best known for its dramatic soap operas, on Wednesday announced that News Corp. senior vice-president, Raju Narisetti, and the founding editor of Mint will be the chief executive officer for Gizmodo Media Group (GMG), earlier known as Gawker Media.

Last month, the company which also owns a 40% stake in satirical news site The Onion, entered into an agreement to acquire digital media assets as part of the bankruptcy proceedings of Gawker Media Group for $135 million.

Gizmodo Media Group is part of the Fusion Media Group (FMG), the division of UCI that serves the young, diverse audiences.

As chief executive officer (CEO), Narisetti will be responsible for managing all business and editorial operations of the newly named Gizmodo Media Group, which houses Gizmodo, Jalopnik, Jezebel, Deadspin, Lifehacker and Kotaku. He takes over the role of founder and former CEO, Nick Denton.

Gawker Media was an online media company and blog network founded and owned by Denton in 2012.

In 2016, the company filed for Chapter 11 bankruptcy protection as a direct result of the monetary judgement against the company related to the Hulk Hogan sex tape lawsuit.

Narisetti, who will be based at the company headquarters in New York, will report to Isaac Lee, chief news, digital and entertainment officer of UCI, and Felipe Holguin, president and chief operating officer of FMG.

Heather Detrick, president of GMG, John Cook, executive editor, and Courtenay O’Connor, GMG deputy general counsel, will all report directly to Narisetti. He will formally join the Gizmodo Media Group in late October.

“It is a privilege to be responsible for leading this unwaveringly energetic team of journalists and business staff,” said Narisetti in a statement.

“As part of Univision, we will now be more ambitious in deepening, broadening and sensibly scaling the passionate digital communities that Gizmodo, Jezebel, Deadspin, Kotaku, Jalopnik and Lifehacker have attracted, by offering accurate, responsible, edgy and engaging journalism, as well as through relevant, related content and commerce.”

On Narisetti’s appointment, Lee of UCI said, “Raju is a rare combination, someone who comes with a very strong background in journalism, became a leader in digital media on three continents, and went on to develop new businesses for a global company,” said Lee. “His commitment to journalistic integrity, his entrepreneurial spirit and proven ability to adapt quickly in a fast-paced digital environment will help us strengthen and grow these newly acquired category-leading brands.”

Narisetti will also play an important role on Fusion Media Group’s leadership team. “As we look to deepen the engagement of America’s increasingly diverse television, digital, mobile and social audiences with our portfolio of brands that speak to their interests in a passionate, authentic manner,” added Holguin.

FMG now reaches more than a third of all Americans online each month with 96 million unique visitors, including its extended network.

FMG’s collection of digital-first brands serve young, diverse influencers with content that reflects their shared values and passions. In addition to the Gizmodo Media Group, FMG includes FUSION, The Root, Flama, Univision Digital, Univision Music, as well as Univision’s interest in El Rey Network, The Onion, The A.V. Club and ClickHole. FMG also includes Story House, a content development and production unit.

Narisetti is currently senior vice-president, strategy, of News Corp., the media and publishing arm owned by Rupert Murdoch.

Since 2013, he has been responsible for acquisitions and global expansion, while also helping guide and influence the digital growth of News Corp.’s existing companies in the news, information, publishing, social video and digital real-estate portfolio, which include The Wall Street Journal; The Times, London; Harper-Collins; Realtor.com and Storyful, among others.

In India, News Corp. acquired media and publishing firm VCCircle Network in 2015 and financial advisory firm BigDecisions in 2014, under Narisetti’s leadership. It also has invested over $30 million for a 25% stake in real estate website PropTiger.

Prior to News Corp, Narisetti was managing editor of The Wall Street Journal Digital Network.

Earlier, Narisetti served as managing editor of The Washington Post (2009-2012). Narisetti spearheaded the Post’s efforts to combine its separate print and digital newsrooms into an integrated operation.

Narisetti has a MA in Journalism from Indiana University, Bloomington; and a BA (Economics) and MBA from India.