Kammas World

MARDIN: The Indian team met another nemesis in China and went down 1.5-2.5 to miss out on a medal and sign off fourth in the World Women's Team Chess Championship .  For the Indians, Koneru Humpy played out a draw on the top board against world champion Yifan Hou while Donavalli Harika also did not disappoint on the second in splitting the points with Ju Wenjun .  Humpy was the pick among the Indians and the world number two also won the gold medal on the first board with her fine 6/8 performance. Harika was the other medal winner from India to win a silver for her performance on the second board. In the last round, Humpy did not let Yifan do much and got an easy draw as black with exchanges at regular intervals while Harika was her solid self yet again.

A consortium led by Madhucon Projects (Nama Nageswara Rao, Chairman) has received a letter of intent to set up 300 mw (2 x 150 mw) coal-fired power plant at south Sumatra in Indonesia. The mine-mouth project would be set up on a build-operate-transfer basis. The project would come up close to a coal mine owned by PT Madhucon Indonesia at Dawas. This mine is expected to assure the supply of coal to the project and also offer significant cost benefits. According to sources, the power project would cost about Rs1,800-2,000 crore. The company would achieve financial closure for the project in about a year’s time and would have another 36 months from there to complete the project. The company officials were not available for providing the details. A special purpose vehicle would be incorporated to handle the power project and Madhucon Projects would hold about 65% stake in the SPV, while its other group companies would hold the remaining 35%. However, Madhuc...

Addis Ababa, Dec 26: Karuturi Agro Products, a subsidiary of Indian giant Karaturi International, (Sai rama Krishna Karuturi, Chairman) is set to establish a sugarcane factory in Ethiopia. The factory, with an estimated capacity of crushing 7,000 tonnes of cane a day, is to be built in Ethiopia's Gambella Regional state. Some 15,000 hectares of Karuturi land in Gambella will start producing sugarcane in three years, said Assefa Arega, manager of Karuturi's sugarcane plantation. The company expects the crushing plant to be ready in time for the harvest. Karuturi is currently undertaking a feasibility study and work on the sugarcane crushing factory, including site identification, supplying and installation, will commence early in 2012. The sugarcane plantation and the factory will be adjacent to each other, said Assefa. Karaturi Group is one of the biggest flower exporters in the world and has its farms in Ethiopia and Kenya. Establishing a ...

New Year's brings a season of turning over new leaves and starting fresh. But this year, few can claim to be starting fresher than Vishu Mandava, owner of the Hollywood Cinemas 7 movie theater in LaPlace. A pair of new high-backed movie seats await installation at LaPlace's newly renovated Hollywood 7 movie theater. This past week, crews have completed the installation of hundreds of new high-back, rocker-style seats in the theater's seven auditoriums. And with that, Mandava -- who bought the then-neglected facility a year and a half ago -- will put the finishing touches on months' worth of renovations. "Everything is new," Mandava said during a recent tour of the theater in which he showed off the upgrades. "We've replaced almost everything" over the past 16 months. That starts with a renovated lobby, which Mandava connected to the Baskin-Robbins ice-cream parlor next door -- which he also owns -- to allow pat...

TUSCALOOSA, Ala. - Saketh Myneni , a 2010 graduate of the University of Alabama, won his first professional tennis tournament at the International Tennis Federation's Futures Tour in India this past November. Myneni won both the men's singles and doubles tournament, a feat not shared by many of even the best professional tennis players. "I am really happy to have won my first professional event and I feel pleased with my efforts the entire week," says Myneni. As a result of his win, Myneni gained 18 points to go towards his ATP ranking. Based on more recent tournament play, Myneni now has 21 points in singles play and is ranked around 700th in the world, says Billy Pate, UA's men's tennis coach. Myneni now plans to focus his efforts on increasing his ATP ranking so that he may compete in higher-level tournaments. "My main goal is to play on India's team in the 2012 Davis Cup tournament," says Myneni. "My short term goals are to t...

An able thought leader and a successful architect of Identity innovation, Dr. Sreeni Tripuraneni, Chairman & CEO of 4G Identity Solutions has received the prestigious Indiamart ET Now ‘Leaders of Tomorrow’ Award 2011, at an award function held at Mumbai, India on 28th November 2011. The award was presented by the chief guest Legendary N.R. Narayana Murthy, Chairman Emeritus, Infosys Technologies. 'Leaders of Tomorrow' salutes the spirit of entrepreneurship and celebrates the success of India's best Small and Medium Enterprises. This award will inspire future leaders to tread a path of success and triumph. The award will celebrate the success stories and honor entrepreneurs who have transformed stumbling blocks into stepping stones driven by their passion,Determination and undying spirit of entrepreneurship. More than 50,000 nominations have been received across 13 different categories for the Leaders of Tomorrow Award 2011 and after thorough review of the nomin...

Live online rummy proves a moneyspinner for this company. Deepak Gullapalli had a feeling that the cards before him held his future. He liked playing rummy and many a time as a Master’s student in Middlesex University, London, Gullapalli and his friends unwound with a game in the evenings. They were also online gaming junkies. It didn’t take him long to put two and two together and end up with an idea for an online portal for rummy. So in 2005, Gullapalli quit his internship at a consultancy, and came to India to set up Ace2three.com, making it the first portal for rummy in India.   Today, with 600,000 registered users, the portal owned by Head Infotech expects to clock Rs 25 crore in revenues this year. “We have tried to create the same user experience online as one would find offline,” says Gullapalli. About 8,000-10,000 tournaments per day are played on the website with an average 15,000 players logging in. The stakes: cash prizes of up to Rs 15,000 per day.  ...