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Researchers operate biomedical robots from different locations worldwide via Internet

September 19, 2009 By admin Leave a Comment

Washington, September 18 (ANI): Experts from the University of Washington and SRI International have jointly developed a new software protocol, to standardize the way biomedical robots are managed over the Internet.

Nine research teams from universities and research institutes around the world recently made a successful demonstration of biomedical robots operated from different locations in the U.S., Europe, and Asia with the help of the ‘Interoperable Telesurgical Protocol’.

In a 24-hour period, each participating group connected over the Internet, and controlled robots at different locations.

The tests performed demonstrated how a wide variety of robot and controller designs can seamlessly interoperate, allowing researchers to work together easily and more efficiently.

The demonstration also evaluated the feasibility of robotic manipulation from multiple sites, and was conducted to measure time and performance for evaluating laparoscopic surgical skills.

“Although many telemanipulation systems have common features, there is currently no accepted protocol for connecting these systems. We hope this new protocol serves as a starting point for the discussion and development of a robust and practical Internet-type standard that supports the interoperability of future robotic systems,” said SRI’s Tom Low.

The protocol is expected to allow engineers and designers that usually develop technologies independently, to work collaboratively, determine which designs work best, encourage widespread adoption of the new communications protocol, and help robotics research to evolve more rapidly.

Its early adoption may encourage robotic systems to be developed with interoperability in mind, and avoid future incompatibilities.

“We’re very pleased with the success of the event in which almost all of the possible connections between operator stations and remote robots were successful. We were particularly excited that novel elements such as a simulated robot and an exoskeleton controller worked smoothly with the other remote manipulation systems,” said Professor Blake Hannaford of the University of Washington. (ANI)

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Soon, ‘robobees’ that mimic bees’ behaviour

September 14, 2009 By admin Leave a Comment

Washington, Sep 13 (ANI): A Northeastern University neurobiologist is collaborating with Harvard University researchers to develop micro flying robots that will emulate the bees’ brain, body and collective behaviour.

Biology professor Joseph Ayers would create robots, called the robobees, which would mimic the communal feeding behaviour of bee colonies.

The project will draw on the knowledge of computer scientists, engineers, and biologists to construct an electronic nervous system, a supervisory architecture and a high-energy source to power the innovative robots.

“This project will integrate the efforts and expertise of a diverse team of investigators to create a system that far transcends the sum of its parts. We expect substantial advances in basic science at the intersection of these seemingly disparate disciplines to result from this effort,” said Ayers.

Inspired by the biology of the bee and the insect’s colonial behaviour, the project aims to advance miniature robotics and the design of compact high-energy power sources.

The project would also spur innovations in ultra-low-power computing and electronic “smart” sensors that mediate biomimetic control.

In addition, it would refine coordination algorithms to manage multiple, independent machines.

Ayers is widely known for his work in biomimetics- the science of adapting the control systems found in nature to inform design of engineered systems to solve real-world problems-including the development of RoboLobster and RoboLamprey.

The autonomous, biomimetic underwater robotic models emulate the operations of the animals’ nervous systems using an electronic controller based on nonlinear, moving models of neurons and synapses.

“Animals have evolved to occupy every environmental niche where we would hope to operate robots, save outer space. They provide proven solutions to problems that confound even the most sophisticated robots, and our challenge is to capture these performance advantages in engineered devices,” said Ayers. (ANI)

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Molecule having anti-fat, anti-cancer abilities found to be a turnoff for fat genes

August 28, 2009 By admin Leave a Comment

Washington, Aug 28 (ANI): Researchers at Baylor College of Medicine have found that a small molecule, earlier found to have anti-fat and anti-cancer abilities, has the potential to put off fat-making genes.

Such action in mice genetically prone to obesity causes the animals to become leaner, they say.

The researchers have also found the molecule to lowers the amount of fat in the mice’s livers, along with their blood sugar and cholesterol levels.

“We are frankly very excited about it. It goes to the origin of [fat synthesis] – all the way back to gene expression,” said Salih Wakil at Baylor.

Unlike cholesterol-lowering statins in use today, which block a single enzyme in the pathway, the chemical the researchers call fatostatin, “hits fat from the very beginning,” said Motonari Uesugi.

As a result, fatostatin influences many of the genes involved in fat production and in various aspects of metabolic syndrome – a collection of risk factors including obesity, high cholesterol and insulin resistance – in one go.

Studies in cell culture showed that fatostatin, previously known only as 125B11, significantly lowers the activity of 63 genes, including 34 directly associated with fatty acid or cholesterol synthesis.

Many of these genes were known to be under the control of SREBP – a transcription factor which act as a well-known master controller of fat synthesis.

After more detailed analysis, the researchers found that the drug candidate blocked SREBP by preventing it from becoming active and entering the nucleus, where it would otherwise switch on the fat-making program.

According to them, it operates by binding another protein (called SCAP), which serves as SREBP’s escort into the nucleus.

It was found that obese mice injected with fatostatin show noticeable reductions in their weight despite little difference in their eating habits, the researchers report.

After four weeks of treatment, the animals weighed 12 percent less and had 70 percent lower blood sugar levels.

Their cholesterol levels (both LDL and HDL) were down too. The concentration of fatty acids in their blood was actually higher- a sign of their greater demand for fat to burn.

While the livers of the obese mice were heavy and pale with fat, treated animals’ livers were more than 30 percent lighter and were a healthy-looking red.

Although less obvious, the SREBP-blocking ability might also explain the molecule’s earlier reported effects against prostate cancer cells in culture as well.

They explained that cells need fatty acids and cholesterol to build their cell membranes and continue growing.

Researchers are optimistic that fatostatin could prove to be clinically useful in the context of obesity, and perhaps cardiovascular disease and diabetes as well.

“Hopefully down the road, fatostatin or a derivative of fatostatin may be helpful. It could have a broad impact on the key diseases we all suffer from,” said Wakil.

Uesugi said that fatostatin or its analogs may also serve a tool for gaining further insights into the regulation of SREBP and fat metabolism.

The study has been published in the journal Chemistry and Biology. (ANI)

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Genetic discovery could pave way for obesity, diabetes treatments

August 27, 2009 By admin Leave a Comment

Washington, Aug 27 (ANI): Researchers at University of Central Florida have identified a new genetic mechanism that controls the body’s fat-building process, paving way for treatments for obesity and type 2 diabetes.

The discovery has the potential to help hundreds of millions of people and dramatically cut health care costs.

Led by Pappachan Kolattukudy, director of UCF’s Burnett School of Biomedical Sciences in the College of Medicine, found that a gene called MCPIP (Monocyte Chemotactic Protein-1 Induced Protein) controls the development of fat cells.

Until now, a different protein, known as peroxisome proliferator-activated receptor gamma (PPAR gamma), has been universally accepted as the master controller of fat cell formation, known as adipogenesis.

But the new findings has opened new doors for scientists looking forward to develop drugs that could benefit the more than 300 million people worldwide who are clinically obese, and who have much higher risks of suffering from chronic disease and disability.

Besides, it is projected that more than 300 million people will be diabetic by the year 2025.

Kolattukudy said MCPIP is potentially an ideal target for drugs that would prevent the body from becoming resistant to insulin and prone to type 2 diabetes.

“Our research has shown that MCPIP is a regulator of fat cell formation and blood vessel formation that feeds the growing fat tissue. Therefore, a drug that can shut down its function can prevent obesity and the major inflammatory diseases resulting from obesity, including diabetes and cardiovascular diseases,” the expert said.

For the study, the researchers introduced MCPIP to living cells from mice that had been stripped of the PPAR gamma gene and found that the cells still completed the developmental process necessary to build fat.

Now, the researchers are planning to explore chemical combinations to discover drugs that are effective at shutting down the novel gene.

The development of new drugs that can block or slow down the formation of MCPIP likely would take several years.

The findings will be published in the October issue of the Journal of Biological Chemistry. (ANI)

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Oral asthma controllers more effective than inhalers

August 26, 2009 By admin Leave a Comment

Washington, Aug 26 (ANI): Asthmatic patients are more likely to benefit from oral controllers than inhalers, say Mayo clinic researchers.

“Clinical superiority of the inhaled products has been well documented in clinical trials and the HealthCore study confirmed this for those who take their medication properly,” said Dr. Joseph Singer, vice president of clinical affairs for HealthCore, the outcomes research subsidiary for WellPoint, Inc.

“However, we were surprised to discover that in looking at all patients in real-world settings, oral controllers appeared to be a better choice of treatment because of better compliance.

“Patients with the best outcomes were those who were compliant with inhaled corticosteroids,” he added.

During the study, researchers looked at 55, 000 patients from eight health plans who had used at least one of six types of asthma controller medications between 2003 and 2005.

Both oral and inhaled treatments offered comparable impacts on patient-reported quality of life and productivity.

Among patients taking more than one drug to control their asthma, HealthCore found that a combination of inhaled corticosteroids and long-acting beta-agonists were the best course of treatment in terms of better clinical outcomes and better quality of life.

In the group of patients who adhered to their medication, those taking leukotriene modifiers-oral asthma controllers-were more likely to have an emergency room or inpatient physician visit, less likely to use six or more short-acting beta agonist canisters and incurred higher annual costs.

“It’s important for physicians and health plans alike to know that ‘one size fits all’ does not apply when treating asthma patients,” said Singer.

“These results speak to the power of comparative effectiveness research and its ability to give physicians the information they need to customize treatment for patients in the real world,” he added. (ANI)

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Madhya Pradesh Govt. seizes hoarded sugar

August 18, 2009 By admin Leave a Comment

Gwalior, Aug 18 (ANI): The food and civil supplies department of the Madhya Pradesh Government has seized illegally stocked sugar from godowns across the state.

Food and civil supplies officials backed by state police have raided sugar mills and godowns across Madhya Pradesh in the last three days.

In the Gadai Pura area of Gwalior district, the officials of food and supplies department raided and seized 210 quintals sugar from a godown.

“We received information from the state police department that they have raided a sugar godown. We seized 205 sacks of sugar from the godown. Five more sacks arrived later in a truck and we even seized that. Overall, we seized 210 quintals of hoarded sugar,” said Vipin Srivastava, a food controller.

Meanwhile, in panic, sugar traders are trying to sell the hoarded sugar to people at low prices that has been illegally stored by them in godowns.

However, they claim they are doing it for the benefit of people.

People were seen standing in long queues to buy sugar at a price of rupees 28 per kilogram as opposed to the actual price of rupees 32 per kilogram.

“People have been screaming since the prices of sugar rose. So we thought whatever stock of sugar we have, we can sell it at low prices,” said Mahesh Kakvani, president, Trade Committee and Sugar Association.

The food department of the Madhya Pradesh Government has decided to issue licenses to sugar traders to keep a check on hoarding and prices. (ANI)

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Nepal SLC Results ~ Nepal SLC 2065 Results ~ SLC Results Nepal ~ SLC Results NP ~ Ministry of Education Nepal ~ Nepal SLC Results 2065 ~ www.slc.ntc.net.np ~ 2009 Nepal Result

June 28, 2009 By admin Leave a Comment

Nepal SLC Results ~ Nepal SLC 2065 Results ~ SLC Results Nepal ~ SLC Results NP ~ Ministry of Education Nepal ~ Nepal SLC Results 2065 ~ www.slc.ntc.net.np ~ 2009 Nepal Result

The Nepal Controller of Examinations has declared result of School Leaving Certificate (SLC) examinations on Sunday. This year 391,703 students gave this exam.

To view Nepal SLC 2065 Results Online visit – http://www.slc.ntc.net.np/

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US aircraft violates Indian airspace

June 20, 2009 By admin Leave a Comment

Mumbai June 20(ANI): A military cargo aircraft belonging to US carrying six persons and two crew members which violated the Indian air space, near Gujarat was forced to land in Mumbai International Airport by the Indian Air Force planes.

The Russian made AN 124 hired by the US, was transporting weapons and ammunition to its forces in Afghanistan.

According to the IAF sources, the plane took off from Diego Garcia island, a military base of the US near Mauritius in the Indian Ocean, and was headed for Kandahar in Afghanistan.

On being asked by the Mumbai Air Traffic Controller (ATC), whether it was a military aircraft, the pilot of the aircraft replied that it was a civilian aircraft.

The ATC called the Indian Air Force, after the intruded aircraft failed to give the code of verification.

IAF PRO Wing Commander T K Singh said the plane, which entered the Indian airspace around 2000 hrs, did not have the permission to fly over the Indian airspace.

The plane was then asked to land at the Mumbai airport, which it did.

Singh denied the reports that Indian Air Force planes escorted the aircraft up to the airport.

Security forces have surrounded the aircraft as IAF and Central Intelligence officials were questioning the people on board the aircraft.(ANI)

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Kumar Sanu captivates audience at Mumbai award show

May 24, 2009 By admin Leave a Comment

Mumbai, May 24 (ANI): Playback singer Kumar Sanu enthralled an audience at a production award function, where he was the chief guest on Saturday in Mumbai.

Speaking on the occasion, Kumar described the production unit as the main pillar of the film industry, and appealed to the film fraternity to come forward and support them.

“From the beginning of the film till the end, the production people work hard on it. They rarely get acknowledged for their hard work. It is a thankless job. Even a hairdresser and dress man gets an award, but they are not awarded as there is no category for them,” said Kumar Sanu.

Among the awards handed out were for best production manager, best production controller and a lifetime achievement award. The production awards were organised by Association of CINE TV and Advertisement Production Executives. (ANI)

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Sri Lanka blacklists senior HRW officer

May 8, 2009 By admin Leave a Comment

Colombo, May 8 (ANI): The Government of Sri Lanka has blackisted a senior researcher of the emergencies division at Human Rights Watch (HRW) due to violation of the country’s immigration and emigration laws.

Immigration and Emigration controller P.B. Abeykoon told reporters here on Friday that Anna Neistat had entered the country using forged documents last February.

Neistat is learnt to have visited Vavuniya with the aid of several pro-LTTE NGOs and gathered incorrect information after arriving at the country on a tourist visa.

Intelligence sources told the Colombopage website that she deceived local immigration authorities by claiming to be a lawyer.

Neistat recently testified before the United States Senate Committee on Foreign Relations hearing on Sri Lanka. She described the welfare centers set up for the civilians reaching government controlled Vavuniya as ‘internment camps with barbed wires and machine guns’.

Neistat also admitted that she managed to collect credible information about ‘egregious violations by the parties to the conflict’ and also that the the HRW visited the Vavuniya hospital on February 11 and interviewed patients. (ANI)

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Ultra fast “Scramjets” can be effectively guided by new control system software

May 2, 2009 By admin 1 Comment

Washington, April 30 (ANI): Engineers at the Ohio State University, US, have designed control system software that can effectively guide a hypersonic experimental “scramjet”, which is faster than the speed of sound.

Government agencies have been developing faster-than-sound vehicles for decades.

The latest supersonic combustion ramjets, called scramjets, burn air for fuel, and could one day carry people to space or around the world in a matter of hours.

The recent success of NASA’s X-43 hypersonic jet has spurred research into the control systems for these vehicles, according to Lisa Fiorentini, doctoral student in electrical and computer engineering at Ohio State University.

She and associate professor Andrea Serrani are developing a new control system in collaboration with the US Air Force Research Laboratory (ARFL) at Wright-Patterson Air Force Base in Ohio.

The scientists report that their controller performed flawlessly in computer simulations of flight maneuvers.

The controller both guides the jet along its trajectory and keeps it stable during a flight, Fiorentini explained.

Sensors measure factors such as altitude, velocity, and acceleration, and the controller calculates whether any adjustments need to be made to keep the jet stable and on course.

Then, actuators carry out the controller’s commands – for instance, throttling up the engine if the jet needs to accelerate.

“Because these vehicles are unmanned right now, we have to prepare everything ahead of time – anticipate every possible in-flight event,” Fiorentini said.

“And the controller has to work really fast. At 10 times the speed of sound, if you lose just one second, the jet has gone far, far off course,” she added.

What sets the Ohio State control system apart, Serrani explained, is that it allows for flexibility: it adapts to changing conditions during a flight.

“The truly remarkable feature of our approach is that we consider a realistic, physics-based vehicle model within our stability analysis, using a highly sophisticated controller,” he said.

The technology is still under development in military and commercial sectors.

Scramjets could deliver missiles to mobile targets; they could also carry people halfway around the world in less than an hour. (ANI)

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Samsung Introduces New “Rugged” High-capacity 500-Gigabyte 2.5-inch Hard Disk Drive for Mobile Computing

April 24, 2009 By admin Leave a Comment

SEOUL, South Korea–(Business Wire)–
Samsung Electronics Co., Ltd., a world leader in digital consumer electronics
and information technology, today introduced their new 500-Gigabyte (GB)
2.5-inch hard disk drive with a shock operation tolerance of 400G/2ms. The
Spinpoint M7 500GB 2.5-inch hard drive with 250GB per platter features a rugged
base and cover design, offering better data protection for road warriors and
other mobile laptop users.

“Our customers have been requesting hard drives with higher density, lower power
and greater reliability for their mobile applications,” said C.H. Lee, vice
president, Storage sales and marketing, Samsung Electronics. “The Spinpoint M7
answers these needs with a high-speed operating shock specification and
extraordinary drive capacity for storing large data files, music, photos and
videos.”

The Spinpoint M7 is available in 250-, 320-, 400-, 500-GB capacities. A new
controller has been adopted to reduce power consumption in seek mode to up to 25
percent over conventional 2.5″ drives. In particular, internal test results on
PC Mark show an 18 percent improvement in overall performance over 2.5″ hard
drives.

“Samsung`s M7 will appeal to notebook PC customers who want to have a hard drive
operating shock tolerance for mobile applications in tough environments,”
commented John Chen, senior director, TRENDFOCUS.

The Spinpoint M7 utilizes Samsung`s proprietary SilentSeek and NoiseGuard
technologies to minimize the noise-level of the mechanical drive operation. The
halogen-free drive complies with the European Union`s Restriction of the Use of
Certain Hazardous Substances in Electrical and Electronic Equipment (RoHS)
regulations.

The Spinpoint M7 500GB hard drive is lightweight and durable, featuring a
5400rpm spindle speed, 8MB cache, native command queuing and a 3.0Gbps SATA
interface. The perpendicular magnetic recording technology enables the 500GB
drive to store 160,000 digital images, 125 hours of DVD movies, or 60 hours of
high definition video images.

Qualification samples of the Spinpoint M7 are currently shipping to major OEMs.
Global shipments in the United States and Europe began in April with shipments
to other regions to follow accordingly.

About Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in semiconductor,
telecommunication, digital media and digital convergence technologies with 2008
consolidated sales of US$96 billion. Employing approximately 150,000 people in
134 offices in 62 countries, the company consists of two business units: Digital
Media and Communications and Device Solutions. Recognized as one of the fastest
growing global brands, Samsung Electronics is a leading producer of digital TVs,
memory chips, mobile phones and TFT-LCDs. For more information, please visit
www.samsung.com.

Samsung Semiconductor Inc.
Chris Goodhart, 408-544-4122
cgoodhart@ssi.samsung.com

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US Army tests flying robot sniper

April 24, 2009 By admin Leave a Comment

Washington, April 23 (ANI): The US Army is testing the Autonomous Rotorcraft Sniper System (ARSS) – a remote-controlled unmanned vigilante robot helicopter equipped with a high-velocity sniper rifle.

According to a report by Fox News, its RND Edge semi-automatic gun is mounted on a self-stabilizing turret with built-in zoom camera, and fires 7 to 10 precisely aimed .338-caliber rounds per second.

Back on the ground, a human directs it using a modified Xbox 360 controller, which plugs into a laptop so that the operator can see what the drone sees.

The system is intended for the urban battlefield – an eye in the sky that can stare down concrete canyons, and blink out targets with extreme precision.

Attempting to return fire against the ARSS is liable to be a near-suicidal act, as ARSS is described as being able to fire seven to 10 aimed shots per minute, and it’s unlikely to miss.

Because the Vigilante is smaller, lighter and cheaper than a manned combat helicopter, it can be supplied in greater numbers, and without the need for those elite, highly-trained snipers.

Sniping from a chopper currently takes tons of skill and training, but ARSS is literally point-and-shoot for the operator on the ground, using a videogame-type controller.

The software makes all the necessary corrections, and the system should ensure first-round kills at several hundred yards.

The secret is in the control system and stabilized turret, which is currently fitted with a powerful RND Manufacturing Edge 2000 rifle specifically designed for sniping work, using the heavyweight .338 Lapua Magnum cartridge.

“Having the ability to accurately engage single point man sized targets with an airborne UAV will give the ground based soldier the ability to have a high-point survivable sniper at their disposal when needed,” stated the Army solicitation notice when the project was announced in 2005. (ANI)

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Passenger lands plane after pilot dies

April 14, 2009 By admin Leave a Comment

FLORIDA: A passenger landed a twin-engine plane in Florida after the pilot died in flight with a total of six people on board.

Federal Aviation Administration officials say the pilot died after takeoff from an airport in Naples on Sunday. It was on autopilot and climbing toward 10,000 feet when the pilot died.

The passenger who took over is licensed for single-engine planes but isn’t certified to fly the larger King Air craft.

An air traffic controller helped the passenger down by calling a friend in Connecticut who knows the King Air plane and relaying instructions. The plane landed safely at Southwest Florida International Airport in Fort Myers.

The plane had been headed to Jackson, Mississippi. The names of the pilot and passengers have not been released.

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Microsoft rolls out India-specific gaming console – Xbox 360 Arcade

April 14, 2009 By admin Leave a Comment

Rolling out its new entry-level gaming console Xbox 360 Arcade in India, Microsoft intends substituting it with the Xbox 360 Core model. The new console offers five interesting Zbox LIVE Arcade games – Uno, Luxor 2, Boom Boom Rocket, Feeding Frenzy, and Pac-man Championship Edition.

According to a statement released by the company, the new console will change the entire gaming spectrum, with its HDMI output to enable users experience the games in the highest-possible definition – up to 1080p, with the HDMI cable and network cable to be sold separately. The console also comes packed with a wireless controller.

Microsofts Xbox 360 Arcade is apparently an endeavor to bring forth a reasonably-priced version of the popular console for India. An upgraded model of the Xbox 360 version, the new console – which is largely designed for first-time users of gaming consoles – comes fitted with IBM PowerPC 3 core 3.2GHz processor and 512MB GDDR3 video memory.

The newly-launched India-specific Xbox console also comes with a number of entertainment features, including viewing photos, movies and music – it augments photos, video, music and TV; facilitating sharing of digital pictures and streaming of digital media. Furthermore, it provides its users with other online console gaming pitch such as downloadable high-definition and standard-definition content!

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Biggest steel plant in north-east India begins production

April 12, 2009 By admin Leave a Comment

R. K. Nagar (West Tripura), April 12 (ANI): The biggest gas-based steel plant in northeast India, having a capacity of 1,50,000 tonnes per annum, has started commercial production in Tripura.

The rupees 250 crores steel plant at Bodhjungnagar, 12 kilometres north of Agartala, is a new addition of the Noida-based Dharampal Premchand Ltd (DPPC), manufacturers of the “Baba” brand of tobacco products, which already had its rubber unit in the State.

R. K. Kakrania, Director of DPPC who claimed his factory to be totally automated using digital controls producing the fines products, said: “The project would not only help to tap the unexplored business potential of the northeastern region and adjacent countries but also provide employment in the state, would ensure rapid socio-economic development of the state.”

“The State government here is much more responsive and friendly than any other State and now the State capital is connected by rail. We hope the Bangladesh government will see reason and soon give transit facility through Chittagong port and once that happens, this place shall be better than Calcutta (Kolkata).”

DPPC, which along with galvanized sheets shall also produced coloured sheets, also target of the growing market in Bangladesh and so already set its office in capital Dhaka.

“By June, the first consignment shall be exported to Bangladesh, hopefully, but we are aware and prepare to compete with China and Korea to enter into the Southeast Asia market”, Kakrani added.

Spread over 24 acres, the plant will manufacture cold rolled sheets, galvanised corrugated and plain sheets and cold rolled closed annealed sheets needed by the roofing, automobile industry and for making cupboards, panels, grain storage bins and silos and barrels. . K. Sarkar, production controller, said, “There shall be four types of products in this factory which are of the finest uniform quality using the latest digital controlled machines.”

“We are not only taking care of our products and the socio economic development of the State but we are also taking care that the wastage of the factory is not harmful and polluting. So we have a recycling plant in our factory”, Sarkar added.

DPPC, which started its journey back in 1929, has grown into a Rs 250-crore company. It has employed 300 youngsters after providing them special training.

Rajesh Debbarma, one of such youngsters, is earning Rs.2,400 per month, he says: “I was unemployed till a few days back but with the setting of the factory many more like me got employment here. Moreover, the local people are now getting tin sheets for roofing from the factory at low price because earlier this use to come from outside the State.”

State-owned upstream oil major Oil and Natural Gas Corp is supplying gas to the steel plant.

Kakrania informed, apart from steel, DPL has already commenced work to set up a ceramic tiles unit in Guwahati. The project is expected to start production by April 2010. By Pinaki Das (ANI)

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Top Fidelity executive joins rival Putnam

April 11, 2009 By admin Leave a Comment

* Fidelity’s head of equities division leaves for Putnam

* Walter Donovan is latest Fidelity exec to join rival

By Jason Szep

BOSTON, April 10 (Reuters) – A top Fidelity Investments executive is leaving to join rival Putnam Investments, Fidelity said on Friday, the latest in a wave of talent to leave the world’s biggest mutual fund company for its cross-town rival.

Walter Donovan, president of the equities division in Fidelity’s core money-management arm, has left effective immediately, spokeswoman Anne Crowley said. A replacement would be made soon drawn from internal staff, she added.

The recruitment of Donovan is the latest effort designed to reinvigorate Boston-based Putnam, whose assets have shrunk about 60 percent to about $100 billion since 2003 when the firm was caught in an industrywide trading scandal.

Donovan joined Boston-based Fidelity in 1995 in a shake-up to revive its fixed-income division after its bond mutual funds were stung by rising interest rates and risky investments.

He was named director of corporate bond trading that year, transferring from Merrill Lynch Capital Markets, where he was director of corporate bond trading.

Together with Dwight Churchill, who retired in January as senior vice president and leader of Fidelity’s New Hampshire-based bond group, Donovan helped to turn around Fidelity’s bond group.

He is at least the 10th former Fidelity executive brought over since Putnam hired Fidelity’s former chief operating officer, Robert Reynolds, as chief executive last year.

Reynolds, once seen as a candidate to run Fidelity, also recently hired former star Fidelity fund manager, David Glancy, who left Fidelity in 2003 to set up a hedge fund before joining Putnam in February.

That came two months after it beefed up its finance team with two senior executives who once worked for Fidelity — Clare Richer as senior managing director and chief financial officer and Andra Bolotin as managing director and controller.

In October, he named Robert Ewing to run the $7.2 billion Putnam Fund for Growth and Income, Putnam’s largest portfolio, while Nick Thakore took over the $4 billion Putnam Voyager fund, a once high-flying growth offering. Each helped run Fidelity’s flagship Magellan Fund for a time.

Putnam, Fidelity and other asset managers have cut jobs and made other big changes as investors pull record amounts of money from stock mutual funds during the financial crisis. The industry generates the bulk of its revenue from fees based on a percentage of assets under management.

Putnam, a unit of Canadian insurer Great West Lifeco Inc (GWO.TO), has been squeezed especially hard as its top stock funds underperform the market. (Editing by Jan Paschal)

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Microsoft launches Xbox 360 Arcade in India

April 10, 2009 By admin Leave a Comment

Good news for the gamers in India! The maker of Xbox gaming console, Microsoft has released its Xbox 360 Arcade in India. The entry-level console – Xbox 360 Arcade has been launched to replace the Xbox 360 Core model in India.

The Xbox 360 Arcade offers everything for gamers’ contentment. It comes with a pack of five classic arcade games, including Uno, Luxor 2, Boom Boom Rocket, Pac-man Championship Edition, and Feeding Frenzy.

The Xbox 360 Arcade offers a wireless controller, 256MB of memory, 512MB GDDR3 video memory, but headset, HDMI cable, and network cable can be purchased separately. It has an HDMI output that lets gamers experience their games in the highest definition possible, up to 1080p. The console features the IBM PowerPC 3 core 3.2GHz processor.

What is more, the gamers can use the Xbox 360 Arcade to enjoy other entertainment activities including viewing photos, movies, and music. The Xbox 360 Arcade can also be connected to Xbox LIVE, an online multiplayer gaming and digital media delivery service, which allows gamers to download high-definition and standard-definition content, including video games. The Xbox LIVE also allows the gamers to play games with anyone, anytime, anywhere.

The Xbox 360 Arcade console is specifically designed for the new-bie gamers. The Xbox 360 Arcade is slenderised edition of Xbox 360. The company is marketing the Xbox 360 Arcade as a family console. The console offers the option of “Family Settings,” which allows parents to block the access of games for younger players. The Xbox 360 Arcade, which is priced at around $195 in the United States and around £110 in the United Kingdom, is available for Rs 16990 in India.

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Indian American leads project to make CFLs more efficient

April 9, 2009 By admin Leave a Comment

Toronto, April 8 (IANS) Compact fluorescent lightbulbs (CFLs) use just one-third of the energy that old incandescent bulbs use to provide the same amount of light. Now CFLs are going to be even more efficient, thanks to research being led by an Indian American scientist.

CFLs also last 1,000 times longer than incandescent bulbs. However, Queen’s University researchers addressed two problems with CFLs – they don’t work with dimmer switches, and their energy efficiency is compromised because of a problem known as poor power factor.

Actually only part of the energy a CFL consumes is used to power the bulb, resulting in wasted power.

‘Consumer-grade CFLs need to be compact and inexpensive. Until now, the complicated circuitry needed to power these bulbs most efficiently has been too large and too costly for consumer-grade compact fluorescents,’ said Praveen Jain, professor of electrical and computer engineering at Queen’s University.

‘In fact, when a CFL is used with a dimmer switch, its bulb can burn out sooner than expected.’

The solution emerged when John Lam, a doctoral candidate working with Jain, developed a compact, simplified circuitry and controller design that overcomes the power problem while also meeting consumers’ need for a dimmable, inexpensive CFL, according to a Queen’s release.

The two main challenges were making the technology directly replaceable with existing designs, and economical to produce, said Jain.

‘We were able to develop a more power-efficient, dimmable and cost-effective CFL technology that can truly replace the power-hungry incandescent light bulbs. This makes it very attractive to the consumer market,’ he added.

The Queen’s innovation is timely, Jain said, since widespread use of today’s less efficient CFLs would reduce expected benefits to the global power grid.

Many countries, including Australia and the European Union, have already begun phasing out incandescent bulbs in favour of the compact fluorescents.

The global market for compact fluorescents is estimated at $80 billion.

Jain did his degree in electrical engineering from Allahabad University in India in 1980, then his Master’s and PhD from the University of Toronto, Canada, in 1984 and 1987 respectively.

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Intel announces two new Atoms and other products

April 8, 2009 By admin Leave a Comment

The inventor of the x86 series of microprocessors – Intel, observing the first anniversary of its Atom processor, announced two new versions of its Atom processor, confirmed to launch Nehalem-based mobile processors later this year, and introduced new chip codenamed “Jasper Forest”. The Santa Clara, California based chipmaker disclosed about the launch of its upcoming Moorestown chip platform at its Developer Forum in Beijing, on Wednesday.

Offering the live demonstration of its next-generation Atom-based platform, codenamed “Moorestown” for the first time, Intel stated that the new platform will come with a new Moblin software version, a Linux-based operating system (OS) that Intel develops for small devices. According to Intel, the new version of Moblin software will enable a PC-like Internet experience along with cellular voice capabilities.

Officially, Intel is aiming Moorestown platform including energy efficient set of chips for mobile Internet devices (MIDs) or small computers, focusing on basic online use and media playback, which can fit well in pockets. The set of cips will be based on the company’s Lincroft system-on-chip (SoC) that includes an Atom microprocessor core and a memory controller hub. The coming with chipset is code named Langwell. The Atom power-efficient Moorestown chip platform is expected to work well in smartphones. The family of chips in Moorestown platform will also come with 3G cellular capabilities. It will also provide optional support for both WiMax and HSPA (High Speed Packet Access) cellular networks.

Anand Chandrasekher, the Intel’s senior vice president and general manager of the Ultra Mobility Group, demonstrated a device with Moorestown consuming 10 times less power. The company earlier stated that Moorestown would be released in late 2009 or early 2010, but at the Developer Forum in Beijing, Intel firmly fixed 2010 as the launch target.

Intel also announced Atom Z550 and Atom Z515 – the two new Atom processors for mobile Internet devices. Of the two Atom updates, the Atom Z550 is the fastest. The Atom Z550 enhances the Atom line’s performance to 2GHz, while the Atom Z515, equipped with the Intel Burst Performance Technology (Intel BPT), can work at 1.2GHz when required. The Atom Z550 includes Hyperthreading to simulate dual cores while still consuming the same 2.4W of typical power as a 1.86GHz processor. The Atom Z515 normally runs at the same 800MHz and consumes just 0.65W of energy, but it can work up to 1.2GHz, consuming 1.4W.

In a keynote speech at the Intel Developer Forum, Anand Chandrasekher also talked about upcoming processors for laptops based on the Nehalem architecture, which will be released in the 2nd half of this year as part of the “Calpella” platform. According to Mr. Chandrasekher, these processors, which will come equipped with technologies like Intel Hyper-Threading Technology and Intel Turbo Boost Technology, will be more powerful than their predecessors.

Mr. Chandrasekher also discussed Intel’s ultra low-voltage (ULV) processors. He also disclosed how the company is developing a category of ultra-thin laptops less than one inch thick. According to Mr. Chandrasekher, the company will release lower-priced versions of these processors by early summer.

Finally, the senior vice president and general manager of the Digital Enterprise Group, Intel, Pat Gelsinger, for the first time, uncovered the Nehalem-EP based processor codenamed “Jasper Forest,” which is specifically designed for embedded and storage applications.

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