Fortis to buy $685 mn stake in Parkway

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Posted by Liju Philip | Posted in Business, healthcare, hospital, India, invest, malaysia, medicine, money, science, Singapore | Posted on 16-03-2010

Indian hospital chain Fortis Healthcare will buy 23.9 percent of Singapore’s Parkway Holdings  from U.S. buyout firm TPG Capital in an expansion drive into Asia and the Middle East.

The $685 million deal will give Fortis a foothold in Singapore and Malaysia and make it the biggest private hospital network in Asia, it said.

The move continues an overseas acquisition push by Indian companies looking for new markets and know-how. Top Indian mobile carrier Bharti Airtel is in talks to buy the African operations of Kuwait’s Zain for $9 billion.

Fortis intends to move into other parts of Asia and the Middle East, Chairman Malvinder Mohan Singh told reporters.

“Indonesia, the Philippines and Thailand are markets we would like to evaluate,” Singh told Reuters in Singapore.

Fortis has no immediate plans to raise its stake in Parkway and planned to work with the Singapore firm in expanding across the region, added Singh, who will be nominated Parkway chairman.

Fortis will be the largest shareholder in Parkway, with a stake slightly higher than the 23.32 percent held by Malaysian state fund Khazanah Nasional Bhd, according to Parkway’s website.

Fortis’ purchase follows its $187 million acquisition in August of 10 hospitals from unlisted Wockhardt Hospitals.

“It makes more sense for Fortis to acquire a strategic stake in Parkway than to go for a full-fledged acquisition as it would mean lower risk as well as lower cost,” said Sapna Jhawar, a healthcare analyst with Mumbai-based Sharekhan.

Full news here

Above picture of Fortis hospital, Noida courtesy: Neytri

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Global science papers from India on the upswing

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Posted by Liju Philip | Posted in biology, chemistry, china, education, India, japan, physics, research, science, south korea, USA | Posted on 18-01-2010

The good news is that scientific research papers being filed from India are on the upswing.  The bad news is that countries like China, Korea etc have left India long behind in this race.  In fact, China has more than doubled its research output since 2004.  Read more on these reports at this Thomson Reuters website.

Often referred to as a “sleeping giant” in scientific literature, India seems to be waking out of its slumber, says a recent global research report on “Research and Collaboration in the new Geography of Science” by Thomson Reuters.

As per the report, Chemistry and Pharmacology are fast becoming the most “published” disciplines in India; USA remains its largest research partner even as South Korea is racing ahead of China to partner with India. And Japan’s University of Tokyo collaborates most frequently with Indian researchers.

If the current trajectory continues, the study estimates, India’s productivity would well be on par with that of most G-8 nations within eight years and could even overtake them between 2015-2020.

In a testament to its strength in information technology, computer science accounted for the highest increase in world publications from India between 1999-2003 and 2004-2008, increasing by more than 100%. When it comes to research, India’s strength lies in Chemistry and emerging sectors like pharmacology, microbiology and traditional agricultural sciences.

Between 1993-2003 and 2004-08:

• In Chemistry, India’s research output increased from 21,206 world publications to 33,504

• From a 2.8 per cent share of the world output in pharmacology and toxicology, India’s share is up to 4.25 per cent

• Output in engineering rose from 2.69 per cent to 3.57 per cent

• Microbiology saw publication output rise from 1.62 per cent to 2.79 per cent

Agricultural engineering, Tropical Medicine, Organic Chemistry and Dairy & Animal Science are areas of research where India is picking up well besides Crystallography and Textiles.

Read the full news here

Above picture source: 30yearchallenge

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Homi Jehangir Bhabha – Birth Centenary

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Posted by Liju Philip | Posted in britain, energy, europe, germany, India, nuclear, nuclear weapon, science, USA, World | Posted on 30-10-2009

The father of the Indian nuclear programme celebrates his birth centenary today – October 30.

He laid the foundation of India’s huge atomic energy establishment almost singlehandedly, nurturing and expanding it with his dynamic vision. Thanks in no small measure to Homi J. Bhabha’s dream, India’s atomic energy programme has acquired global stature today, capable of designing and testing nuclear weapons and aspiring to meet its growing demands for nuclear energy.

HomiJBhabha

Born to Jehangir Hormusji Bhabha and Meherbai on Oct 30, 1909, in Bombay (now Mumbai), the young Bhabha led a sheltered and emotionally secure childhood. The very first glimmerings of a keen and inquisitive mind became apparent when a specialist told his very worried parents why he slept little — a hyperactive brain that kept him awake at nights.

Excellent family ties with the Tatas and their association with national leaders such as Mahatma Gandhi, Vallabhbhai Patel and Jawaharlal Nehru and also with the British imbued the sensitive boy with a sense of nationalism and perspective.

Barc

In 1924, Homi Bhabha passed the Senior Cambridge exam at the age of 15. But by then he had grasped the complexities of Einstein’s Theory of Relativity as well as the intricacies of classical painting.

His arrival in Cambridge, a fount of nuclear physics, three years later in 1927, permitted his native genius to bloom for the next 12 years, where he obtained his PhD in physics with specialisation in cosmic rays, in 1934. He was just 25 then.

Bhabha met many of the greatest physicists of the time, namely Niels Bohr, James Franck, and Enrico Fermi, who played key roles in the Anglo-American atomic weapon programmes.

In March 1944, even before the world acquired a nodding acquaintance with the mighty potential of nuclear energy, Bhabha, then a professor, wrote to Sir Dorab J. Tata, who headed the Tata Trust, proposing an institute for nuclear physics in India.

“When nuclear energy has been successfully applied to power production in, say, a couple of decades from now,” Bhabha wrote with remarkable prescience, “India will not have to look abroad for its experts but will find them ready at hand.”

Thus the Tata Institute of Fundamental Research (TIFR) came into being on Dec 19, 1945, just four months after Hiroshima and three years before Indian independence.

Bhabha served as its first director, which placed him at the commanding heights of the country’s nuclear future, until his premature death in a plane crash in the Swiss Alps on Jan 24, 1966.

Bhabha was very particular about maintaining excellence. Addressing the then National Institute of Sciences, Bhabha said: “This is a field in which a large number of mediocre or second rate workers cannot make up for a few outstanding ones, and the few outstanding ones always take at least 10-15 years to grow.”

As the new nation’s prime minister, Nehru entrusted Bhabha with complete authority over all nuclear-related affairs and programmes. Both of them shared a close rapport. In April 1948 at Bhabha’s bidding, Nehru agreed to legislate the Atomic Energy Act in the Constituent Assembly, creating the Indian Atomic Energy Commission (IAEC).

On Jan 3, 1954, the IAEC decided to set up a new facility, the Atomic Energy Establishment, Trombay (AEET). In August the same year, the Department of Atomic Energy (DAE) came into being with Bhabha as its secretary. Till date, it remains answerable only to the prime minister. Prime minister Indira Gandhi renamed AEET the Bhabha Atomic Research Centre (BARC).

Full article here

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ISRO launches Oceansat-2 and 6 nano satellites

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Posted by Liju Philip | Posted in cubesat, europe, India, isro, oceansat, remote sensing, rubin, science, switzerland, technology, turkey, university | Posted on 24-09-2009

All 7 satellites launched in their precise orbits by ISRO’s old workhorse, the PSLV in its 16th launch is indeed praiseworthy.  The successor to the Oceansat-1,  is supposed to be the country’s second ocean studies satellite that aims to aid fishermen in identifying fishing zones and weathermen to forecast cyclones by measuring sea surface winds.

Along with the Oceansat-2, 6 nano satellites (4 CUBESATS and 2 RUBIN) were also launched.

pslv

CUBESATs : The four CUBESATs are educational satellites from European universities, each weighing around one kg. and developed to perform technology demonstration in space. The satellites are launched inside a Single Picosatellite Launcher (SPL) also weighing one kg., which is a dedicated European launch adaptor to deploy a CubeSat.

CUBESAT-1: UWE-2, from the Universität Würzburg, Germany
UWE-2 is a pico satellite, with the mission objective of demonstration of a newly developed Attitude Determination and Control system (ADCS) and the technology demonstration of a GPS on a Cubesat.

CUBESAT-2: BeeSat, from the Technische Universität Berlin, Germany
BeeSat is a pico satellite project of the Technical University of Berlin with the main objective of on-orbit verification of newly developed micro reaction wheels for pico satellite applications and will demonstrate the use of coin sized micro reaction wheels for attitude control of pico satellites in orbit as one of the key elements

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CUBESAT-3: ITU-pSAT1, from Istanbul Technical University, Turkey
The primary mission of the satellite is to examine the performance of an on-board passive stability system consisting of a magnet which will align the satellite to the magnetic field of the Earth with an error of about 15 degrees according to simulations, and to verify this figure. A secondary objective is to download photographs taken using a camera with a resolution of 640 x 480 pixels

CUBESAT-4: SwissCube, from Ecole Polytechnique Fédéral de Lausanne, Switzerland
The SwissCube mission objective is to house a science payload and take optical measurements and characterize the airglow intensity over selected latitudes and longitudes thereby demonstrating that the airglow emissions are strong enough to be measured by an off-the-shelf detector and validating the concept for the development of a low-cost Earth sensor.

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RUBIN-9
RUBIN-9 consists of two Spacecrafts Rubin-9.1 and Rubin-9.2 weighing 8kg each and will primarily be used for the Automatic Identification System (AIS) for Maritime applications. These are non-separable payloads that will be mounted at an angle of 45deg to the PSLV EB deck.

Rubin-9.1 is developed by Luxspace and has a mission objective of providing an insight into the issue of message collisions that limit detection in areas of dense shipping.

The main purpose of the Rubin-9.2 spacecraft is to test and qualify nano technologies from Angstrom company Sweden and to continue space based maritime Automatic Identification System (AIS) receiver experiments (started with Rubin-7 and Rubin-8 missions). Rubin-9.2 is similar to the Rubin-8 launched on PSLV-C9 in April 2008.

More information on the launch here

All information & pictures source: ISRO

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World Community Grid

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Posted by Liju Philip | Posted in computers, grid computing, India, medicine, Personal, science, World | Posted on 11-08-2009

Most of the time, we hardly use about 10-20% of our computer’s resources and the rest 80% odd is wasted.  By being a part of the World Community Grid, a small part of an application runs in the background of your PC thus contributing your computing power to getting results on a lot of projects.

The grid works on projects worldwide like

  • Help Cure Muscular Dystrophy – Phase 2
  • Influenza Antiviral Drug Search
  • Help Fight Childhood Cancer
  • The Clean Energy Project
  • Nutritious Rice for the World
  • Help Conquer Cancer
  • Discovering Dengue Drugs – Together
  • Human Proteome Folding – Phase 2 Project
  • FightAIDS@Home Project

What Grid Computing does is to join together many individual computers, creating a large system with massive computational power that far surpasses the power of a handful of supercomputers. Because the work is split into small pieces that can be processed simultaneously, research time is reduced from years to months. The technology is also more cost-effective, enabling better use of critical funds.

world community grid

World Community Grid runs on software called BOINC (Berkeley Open Infrastructure for Network Computing, developed at University of California, Berkeley, USA with funding from NSF (National Science Foundation).  It is powered by none other than IBM.

What is World Community Grid?

World Community Grid’s mission is to create the largest public computing grid benefiting humanity. Our work is built on the belief that technological innovation combined with visionary scientific research and large-scale volunteerism can change our world for the better. Our success depends on individuals – like you – collectively contributing their unused computer time to this not-for-profit endeavor.

How can you help?

Donate the time your computer is turned on, but is idle, to projects that benefit humanity! We provide the secure software that does it all for free, and you become part of a community that is helping to change the world. Once you install the software, you will be participating in World Community Grid. No other action must be taken; it’s that simple!

For years, i have been a member of the World Community Grid and have contributed my computer’s resources for the project.  A badge of which is visible on the right side of this post.  My moniker is full2njoy and am part of a team called India.

Go to the World Community Grid website for more information on how you can do your part for this project.

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