MIT-WPU (Formerly MIT Pune) Admissions Open for 2019

Business Wire India
MIT World Peace University, one of the leading educational institutes in India, announced the commencement process of their admission for MBA, B.Tech, BBA courses along with its 35 other courses this month.
 
Students can now apply to take advantage of the early bird application which entitles students to avail scholarships. The scholarships are based on the merit and profile of the student. More than 500 students have benefited from this scholarship last year which is worth Rs.3.15 cr.
 
The early bird registration process will end on 31st January for MBA and 28th February for BBA, B.Tech and other programs.
 
Aspirants who are planning to apply to any of these courses can do so by filling up the form online. One can apply to the MBA programme based on their MBA entrance exam scores like CAT, MAT, CMAT, MAH-CET, ATMA, GMAT & XAT score. The registration fee for the course will range from Rs. 1000 – Rs. 1500. Candidates can pay the fee online.
 
All the institutes under MIT-WPU shortlist the candidates based on General Exercise (GE) and Personal Interaction (PI), which starts from the 1st week of February and will be conducted in 18 centres across the country.
 
Dr. Sayalee Gankar, Dean -Faculty of Management (PG) at MIT World Peace, commented, “We are quite thrilled to announce the registration dates for all the institutes under MIT-WPU. Just like previous years, we have continued with our fantastic scholarship programme to ensure that academically stellar candidates get fees benefits. One can apply to any of our 35 courses that they are looking to enroll for. We believe in introducing the students to their true potentials and work towards a growth mindset. We have seen wonderful growth in the students in past and hoping to have the same for the new batch.”
 
MIT-WPU offers some of the best packages in B.Tech and MBA courses. Based on the last year statistics, MBA students at MIT- WPU were offered the highest salary package of Rs. 13.5 Lpa and an average of Rs. 6. 25 Lpa. This makes it one of the top MBA colleges in India offering a highest ROI on tuition fees.
 
The package for B.Tech in Engineering goes as high as Rs. 24 lacs pa and an average of Rs. 6.24 lacs pa. The engineering program is ranked 15th among all Private Engineering Institutes in India by the Times of India Survey.
 
Link for applying for MBA: https://admissions.mitwpu.edu.in/MBA_2019/
Link for applying for B.Tech: https://admissions.mitwpu.edu.in/BTECH2019/
Link for applying for BBA: https://admissions.mitwpu.edu.in/BBA2019/
For other courses visit: https://admissions.mitwpu.edu.in/
Source: Businesswire

CBSE Board exams 2019 roll numbers released for Class 10, 12 students @ cbse.nic.in

CBSE board exams 2019: The Central Board of Secondary Education, CBSE has released the roll numbers for class 10th and class 12th regular candidates on the official website – cbse.nic.in. Schools affiliated to CBSE can view the roll numbers of their students from the board’s official website. The roll numbers have been released to facilitate practical examinations for these students. Process to download CBSE Board exams 2019 roll numbers: Go to the CBSE’s official website – cbse.nic.in Find and click on ‘Roll No. LOC for Class X/XII Exam 2019’ under the ‘In Focus’ tab Enter asked credentials and the security pin Download the Roll Numbers CBSE Board exams 2019: Class 10, 12 admit cards The admit cards for the class 10 and class 12 candidates are yet to be issued by the CBSE. According to the sources, the board will release the admit cards in the second week of February 2019. Once issued, regular students can collect their admit card from their respective schools. Here’s the direct link for the login page for schools and students – https://cbseonline.ernet.in/regn/login.aspx CBSE Class 10, 12 admit card for private candidates: The Central Board of Secondary Education (CBSE) has also released the admit card for the candidates who will appear in the private mode for the class 10 and class 12 board exams on the official website, cbse.nic.in. Step 1: Go to the official website, cbse.nic.in Step 2: Click on the link ‘Online Admit Card for Private Candidates for Main Exam 2018 (Class X/XII)’ Step 3: On next page, click on the link ‘Admit Card/Intimation Letter’ Step 4: Select any of the options from Other Region, Delhi Region in the regions section and Application No., Previous Roll number and year and Candidate name Step 5: Click on proceed Step 6: Admit cards of private candidates will be displayed on the screen Step 7: Download and take print out of the same for future use. Candidates need to carry admit card, a valid id proof and a photograph along with them to the examination hall as no candidate will be allowed to appear for the exam without the security check.
CBSE board exams 2019: The Central Board of Secondary Education, CBSE has released the roll numbers for class 10th and class 12th regular candidates on the official website – cbse.nic.in. Schools affiliated to CBSE can view the roll numbers of their students from the board’s official website. The roll numbers have been released to facilitate practical examinations for these students. Process to download CBSE Board exams 2019 roll numbers: Go to the CBSE’s official website – cbse.nic.in Find and click on ‘Roll No. LOC for Class X/XII Exam 2019’ under the ‘In Focus’ tab Enter asked credentials and the security pin Download the Roll Numbers CBSE Board exams 2019: Class 10, 12 admit cards The admit cards for the class 10 and class 12 candidates are yet to be issued by the CBSE. According to the sources, the board will release the admit cards in the second week of February 2019. Once issued, regular students can collect their admit card from their respective schools. Here’s the direct link for the login page for schools and students – https://cbseonline.ernet.in/regn/login.aspx CBSE Class 10, 12 admit card for private candidates: The Central Board of Secondary Education (CBSE) has also released the admit card for the candidates who will appear in the private mode for the class 10 and class 12 board exams on the official website, cbse.nic.in. Step 1: Go to the official website, cbse.nic.in Step 2: Click on the link ‘Online Admit Card for Private Candidates for Main Exam 2018 (Class X/XII)’ Step 3: On next page, click on the link ‘Admit Card/Intimation Letter’ Step 4: Select any of the options from Other Region, Delhi Region in the regions section and Application No., Previous Roll number and year and Candidate name Step 5: Click on proceed Step 6: Admit cards of private candidates will be displayed on the screen Step 7: Download and take print out of the same for future use. Candidates need to carry admit card, a valid id proof and a photograph along with them to the examination hall as no candidate will be allowed to appear for the exam without the security check.

It’s Akshay Kumar vs Abhishek Bachchan and Rajkummar Rao as Good News clashes with the Anurag Basu directorial

Like every year, Akshay Kumar will again have multiple releases this year. One of his releases this year, Good News also starring Kareena Kapoor Khan, Diljit Dosanjh and Kiara Advani was supposed to release on July 17 but yesterday Karan Johar, the producer of the movie, announced a new release date to be September 6. It was supposed to be a solo release but a sometime back, they have found a company in the form of Anurag Basu’s next untitled movie. Touted to be a dark comic anthology, the movie is about four different stories and stars an ensemble of actors like Abhishek Bachchan, Rajkummar Rao, Fatima Sana Shaikh, Aditya Roy Kapur, Sanya Malhotra and Pankaj Tripathi. Interestingly, the movie will also release on September 6. So, it’s gonna be Akshay Kumar and Diljit Dosanjh vs Abhishek Bachchan and Rajkummar Rao. While Abhishek Bachchan has already shot for the most of his part in Mumbai and Kolkata last year, Anurag Basu is currently shooting with Rajkummar Rao and Fatima Sana Shaikh in Bhopal. Speaking about the movie and his association with T Series, who’ll be backing the project, Anurag Basu said, as per Koimoi, “It’s my pleasure to be working with Mr. Bhushan Kumar for my next that is a dark comic anthology. It’s our first collaboration but doesn’t seems like one. I am extremely happy to have found this talented new generation cast , though I will trust my old friend Pritam for music as always!” Producer Bhushan Kumar talked about the association, he said, “Anurag is a master storyteller and brings magic to celluloid in his films. I am happy we are working together. The characters, the story is so compelling yet the treatment is so amusing. We have tried to bring on board a terrific cast who perfectly fit the roles that are written. The way the script and shooting is in process, Anurag and I are already planning on doing another project. I am keen on doing more films with Anurag and his team.” He also tweeted, “Stellar cast & a master storyteller! My pleasure to be producing @basuanurag’s next. All the best team @juniorbachchan @RajkummarRao @fattysanashaikh #AdityaRoyKapur @sanyamalhotra07 @TripathiiPankaj @TSeries @tanibasu” Interestingly, this will be the third clash between an Akshay Kumar starrer and a Bhushan Kumar backed movie. Last year, Satyameva Jayate clashed with Gold. This year on Independence Day, it’s gonna be Mission Mangal vs Batla House. And now, Good News vs the Anurag Basu directorial.
Like every year, Akshay Kumar will again have multiple releases this year. One of his releases this year, Good News also starring Kareena Kapoor Khan, Diljit Dosanjh and Kiara Advani was supposed to release on July 17 but yesterday Karan Johar, the producer of the movie, announced a new release date to be September 6. It was supposed to be a solo release but a sometime back, they have found a company in the form of Anurag Basu’s next untitled movie. Touted to be a dark comic anthology, the movie is about four different stories and stars an ensemble of actors like Abhishek Bachchan, Rajkummar Rao, Fatima Sana Shaikh, Aditya Roy Kapur, Sanya Malhotra and Pankaj Tripathi. Interestingly, the movie will also release on September 6. So, it’s gonna be Akshay Kumar and Diljit Dosanjh vs Abhishek Bachchan and Rajkummar Rao. While Abhishek Bachchan has already shot for the most of his part in Mumbai and Kolkata last year, Anurag Basu is currently shooting with Rajkummar Rao and Fatima Sana Shaikh in Bhopal. Speaking about the movie and his association with T Series, who’ll be backing the project, Anurag Basu said, as per Koimoi, “It’s my pleasure to be working with Mr. Bhushan Kumar for my next that is a dark comic anthology. It’s our first collaboration but doesn’t seems like one. I am extremely happy to have found this talented new generation cast , though I will trust my old friend Pritam for music as always!” Producer Bhushan Kumar talked about the association, he said, “Anurag is a master storyteller and brings magic to celluloid in his films. I am happy we are working together. The characters, the story is so compelling yet the treatment is so amusing. We have tried to bring on board a terrific cast who perfectly fit the roles that are written. The way the script and shooting is in process, Anurag and I are already planning on doing another project. I am keen on doing more films with Anurag and his team.” He also tweeted, “Stellar cast & a master storyteller! My pleasure to be producing @basuanurag’s next. All the best team @juniorbachchan @RajkummarRao @fattysanashaikh #AdityaRoyKapur @sanyamalhotra07 @TripathiiPankaj @TSeries @tanibasu” Interestingly, this will be the third clash between an Akshay Kumar starrer and a Bhushan Kumar backed movie. Last year, Satyameva Jayate clashed with Gold. This year on Independence Day, it’s gonna be Mission Mangal vs Batla House. And now, Good News vs the Anurag Basu directorial.

Sam Stosur edges closer to elusive home success in Australian Open doubles

Samantha Stosur is two wins away from her first grand slam title in eight years after reaching the Australian Open women’s doubles semi-final. Playing with China’s Zhang Shuai, the pair upset top seeds Barbora Krejcikova and Katerina Siniakova 7-6 (7-2), 7-6 (7-4). The Czech duo are the reigning French Open and Wimbledon champions. With a career high No 4 ranking in singles, winning the 2011 US Open title, Stosur has two major women’s doubles titles but lost the only final she reached at Melbourne Park in 2006. Her last doubles crown came at the French Open in 2006, partnering American Lisa Raymond. A first round casualty in the singles at Melbourne Park this year, Stosur and Zhang also made the semi-finals at the US Open last year before losing to Timea Babos and Kristina Mladenovic. “They’re a great team – they won two slams last year,” Stosur said. “We did well to come back from a break in both sets.” The 34-year-old said it would be “amazing” to win at home, where she has been starved of success. “I guess we’re close now, in the semis but it only gets harder here.” Stosur and Zhang were in trouble, down 5-3, in the second set after Zhang lost her serve to love. However they managed to break straight back with both blasting winners off Siniakova’s serve to level at 5-5. Stosur saved two break points on her serve before Krejcikova pushed the set to a tiebreak. That was evenly poised at 4-4 before two big Stosur serves secured the win.
Samantha Stosur is two wins away from her first grand slam title in eight years after reaching the Australian Open women’s doubles semi-final. Playing with China’s Zhang Shuai, the pair upset top seeds Barbora Krejcikova and Katerina Siniakova 7-6 (7-2), 7-6 (7-4). The Czech duo are the reigning French Open and Wimbledon champions. With a career high No 4 ranking in singles, winning the 2011 US Open title, Stosur has two major women’s doubles titles but lost the only final she reached at Melbourne Park in 2006. Her last doubles crown came at the French Open in 2006, partnering American Lisa Raymond. A first round casualty in the singles at Melbourne Park this year, Stosur and Zhang also made the semi-finals at the US Open last year before losing to Timea Babos and Kristina Mladenovic. “They’re a great team – they won two slams last year,” Stosur said. “We did well to come back from a break in both sets.” The 34-year-old said it would be “amazing” to win at home, where she has been starved of success. “I guess we’re close now, in the semis but it only gets harder here.” Stosur and Zhang were in trouble, down 5-3, in the second set after Zhang lost her serve to love. However they managed to break straight back with both blasting winners off Siniakova’s serve to level at 5-5. Stosur saved two break points on her serve before Krejcikova pushed the set to a tiebreak. That was evenly poised at 4-4 before two big Stosur serves secured the win.

Puravankara, Leading the Realty Space With Vision and Innovation

Business Wire India

In 1975, the promise of Mumbai, India’s business epicentre lured a young man to its glitzy shores. In a quintessential narrative, he came to the city with big dreams, bolstered by little more than grit and determination. He foresaw a unique opportunity for high-quality property development in the thriving metropolis and with a single-minded focus and a steely resolve he pursued his vision. The prodigious youngster, who made his initial forays into real-estate at a very early age, is today listed among Forbes’ ‘100 Wealthiest Indians’ list. Among his numerous laurels, Ravi Puravankara was endowed with the ‘Lifetime Achievement’ award at the Realty Plus Excellence Awards-2012, Lifetime Achievers Awards for Outstanding Contribution to Real-Estate Sector at the CMO Asia Awards for Retail Excellence – 2013, ‘Scroll of Honour’ award at the Realty Plus Conclave & Excellence Awards – 2014 (South), BRAND ACHIEVERS AWARD – Lifetime achievement Award for Excellence – 2015, 9th REALTY PLUS EXCELLENCE AWARDS (SOUTH) 2017 – Scroll of Honour and BAM (Builders , Architects & Building Material) Awards 2018 for – Life Time Achievement Award, to name a few.
 
His foray into the world of Real Estate when he chanced upon he had an opportunity “that wouldn’t wait” – a chance to procure a stretch of land in his desired locality, thereby founding, Puravankara Limited (PL), and the rest is history. Since then, the company has grown from strength to strength, having successfully completed 62 residential townships & five commercial parks spanning 40 million square feet. Currently, it has about 29 million square feet of projects under development, with an additional 70 million square feet in projected growth over the next 7-10 years.
 
When Ravi Puravankara decided to expand his base to Bangalore in 1985, the disruptive innovation that he bought in the realty landscape was a sight to be reckoned with. It was like a new wave of apartment scene in the garden city which was partial to bungalows and independent homes. At the time, the standard norm here was not more than 10-15 flats in a complex, but he envisioned the future built one with 660 apartments, the very first in Bangalore. Working on that scale, he ushered in the concepts of a clubhouse, a swimming pool and multiple amenities within the community. This indeed was the beginning of the ever-expanding Bangalore real estate market. 
 
Puravankara prides itself on continual innovation to meet evolving market needs. In 2008, Ravi Puravankara had yet another epiphany. This time he conceived a vision for housing the burgeoning mid-income segment, it was an idea he was tinkering with since the early 2000s, always ahead of the curve. Under his aegis, Provident Housing Limited, a wholly owned subsidiary, was established to address the aspirations of upwardly mobile Indians and first-home buyers. The pioneering ‘premium affordable’ Provident proposition would bring best-in-class homes at affordable prices, underscored by a rigorous value-engineering process than reins in costs. The proposition has so far been very well received in the market with nearly 11 million square feet of projects now under development. As demand continues abated, the company plans to further augment its presence in this segment.
 
Ravi Puravankara who founded the Puravankara Group in 1975, is the chief promoter and the driving force behind the company’s meteoric growth, fuelled by his prescient vision. The group, which began its operations in Mumbai, has established a sizeable presence in the metropolitan cities of Bangalore, Chennai, Coimbatore, Hyderabad, Kochi, Mangalore, Pune, Goa, Kolkata and in overseas locations such as Sri Lanka, Dubai and Saudi Arabia. The flagship parent company, Puravankara Limited, is listed on the Bombay stock exchange.
 
Driven by the foresight and vision of Ravi Puravankara, PL also has the distinction of being the first developer to obtain FDI in the Indian real estate industry through its joint venture with Singapore based Keppel Land Limited, the property arm of the 54% (Singapore) government-owned conglomerate, Keppel Corporation Limited. The joint venture company, Keppel Puravankara Development Private Limited, has on-going housing projects across the country.
 
Puravankara’s strong track-record and Institutional strengths set the company apart in the realty sector. Their commitment to corporate governance has ensured accountability, fairness and transparency in all the processes. This has also made PL one of the most trusted companies in the Industry. This is a clear reflection of Ravi Puravankara’s values and believes and which he always carried on his sleeves and ensured the the same is followed by the last employee in his group of Companies. His employees, from the 400-odd people, who were in the company five years ago, grew to the 900 plus employees today, work cohesively as a unit to accomplish what he set out to do – help people achieve their dreams! Source: Businesswire

GA Telesis Board Appoints Norman Liu as an Independent Director

Business Wire India

GA Telesis, LLC, a leading global commercial aviation integrated services provider, announces that its Board of Directors will appoint Norman C.T. Liu as an Independent Board Member effective February 1, 2019.

 

Norm brings over 35 years of experience in aviation financing, infrastructure investing and investment banking. He is the former Chairman, President and CEO of GE Capital Aviation Services (“GECAS"), a world leader in commercial aircraft leasing and financing. He retired from GE at the end of 2016 after 30 years of service and is currently a senior advisor to various companies in the infrastructure and aviation sectors. He was an Advanced Leadership Fellow at Harvard in 2017 and also serves as an Adjunct Professor at University College Dublin in Ireland. He received his bachelor’s degree from Yale University and his MBA from Harvard Business School.

 

“We are pleased that Norm will be joining our Board to participate in the explosive growth of our franchise,” said Abdol Moabery, President & CEO of GA Telesis. “He is one of the most well-known and respected aviation executives and was instrumental in expanding GECAS over several decades into a major global player in aviation finance and related services.”

 

About GA Telesis

 

GA Telesis provides integrated solutions to the aviation and aerospace industries. Built on the premise of “Customer Success” being the goal, GA Telesis serves over 3,000 customers including airlines, OEMs, MROs and suppliers worldwide with 31 leasing, sales, distribution and MRO operations in 19 countries. At GA Telesis, the company’s core business is integrated aviation solutions and its mission is customer success.

 

For further information: please contact marketing@gatelesis.com

 

 
Source: Businesswire

Mukesh Ambani has more money than what govt spends on your welfare: Oxfam report

A study by international rights group Oxfam has said the wealth of billionaires in India rose by a whopping Rs 2,200 crore a day in 2018. The top one per cent of India’s wealthiest got richer by 39 per cent compared to 3 per cent growth in the incomes of the bottom 50 per cent. What makes the study critical for Prime Minister Narendra Modi’s government which has launched a slew of pro-poor schemes is the finding that disparity is only getting deeper in India. It says, “The wealth of top nine billionaires in India is equivalent to the wealth of the bottom 50 per cent of the population and 60 per cent or the majority of the population own merely 4.8 per cent of the national wealth.” The Opposition, which has been building a government for the rich and off the poor chorus against the Modi government is likely to capitalise on the findings and projections of the report. The Oxfam report adds that India’s top 10 per cent population holds 77.4 per cent of the total national wealth. A deeper study of the data in the report shows the top one per cent have cornered 51.53 per cent of the national wealth, while the remaining 99 per cent make do with almost 48 per cent. The combined revenue and capital expenditure of the Centre and all the states for medical, public health, sanitation and water supply is Rs 2,08,166 crore (a little more than Rs 2 lakh crore) — which is less than the wealth of country’s richest man Mukesh Ambani at Rs 2.8 lakh crore. – Oxfam report According to the report, India had 18 people joining the new billionaires’ list in 2018. There are now 119 billionaires in India with their combined wealth touching $440 billion or approximately Rs 30 lakh crore in comparison to $325.5 billion in 2017. The Modi government recently launched the Ayushman Bharat scheme that promises Rs 5 lakh medical insurance to poor families. The scheme is yet to reach people as indicated by the Oxfam report which says the highest-quality medical care is only available to those who have the money to pay for it. The country is a top destination for medical tourism. At the same time, levels of public spending on health are some of the lowest in the world. The poorest Indian states have infant mortality rates higher than those in Sub-Saharan Africa. The report suggests that if India’s richest one per cent pay just 0.5 per cent extra tax on their wealth, the money raised would be enough to increase government spending on health by a staggering 50 per cent. To showcase the wide gap between the earnings of the rich and budgeted benefits provided by governments to the poor, the report says, The combined revenue and capital expenditure of the Centre and all the states for medical, public health, sanitation and water supply is Rs 2,08,166 crore (a little more than Rs 2 lakh crore) — which is less than the wealth of country’s richest man Mukesh Ambani at Rs 2.8 lakh crore. In the recent five state assembly elections, the Bharatiya Janata Party (BJP) lost three critical states — Madhya Pradesh, Rajasthan and Chhattisgarh as the Opposition, Congress, promised farm loan waivers. The Oxfam report gives an idea of why the Congress’s promise made great politico-economic sense. It says that the poorest 10 per cent (13.6 crores) Indians have been living under the burden of debt since 2004. The World Inequality Report 2018 shows that between 1980 and 2016 the poorest 50 per cent of humanity managed to capture only 12 paise of every rupee earned while the top one per cent captured 27 paise of every rupee. There are now 119 billionaires in India with their combined wealth touching $440 billion or approximately Rs 30 lakh crore in comparison to $325.5 billion in 2017. – Oxfam report India is not alone in the rise of the rich and the slide of the poor. In 2018, fortunes of billionaires globally rose by $2.5 billion a day as compared to the poorest half of the world’s population, who saw their wealth decline by 11 per cent, said Oxfam. Oxfam’s report comes a day before the start of the World Economic Forum’s annual meet at Davos, Switzerland. It underlines that increasing inequality is undermining the fight against poverty, damaging economies and fuelling public anger across the globe. The report notes the deepening of the concentration of wealth by stating that only 26 people on the earth now own the same as the 3.8 billion people — the poorest half of humanity. As per the report last year there were 44 people in the top bracket compared to the 26 this time — which include the world’s richest man Jeff Bezos, the founder of Amazon whose fortune increases to $112 billion. The report compared that one per cent of his fortune is equal to the whole health budget for 115 million people of Ethiopia. The report brings out more stark facts. In the 10 years since the economic meltdown in the US, the number of billionaires has almost doubled. A new billionaire was born every two days between 2017 and 2018. Oxfam India CEO Amitabh Behar after the release of the report said: “The survey reveals how governments are exacerbating inequality by underfunding public services, such as healthcare and education, on the one hand, while under-taxing corporations and the wealthy, and failing to clamp down on tax dodging on the other.”
A study by international rights group Oxfam has said the wealth of billionaires in India rose by a whopping Rs 2,200 crore a day in 2018. The top one per cent of India’s wealthiest got richer by 39 per cent compared to 3 per cent growth in the incomes of the bottom 50 per cent. What makes the study critical for Prime Minister Narendra Modi’s government which has launched a slew of pro-poor schemes is the finding that disparity is only getting deeper in India. It says, “The wealth of top nine billionaires in India is equivalent to the wealth of the bottom 50 per cent of the population and 60 per cent or the majority of the population own merely 4.8 per cent of the national wealth.” The Opposition, which has been building a government for the rich and off the poor chorus against the Modi government is likely to capitalise on the findings and projections of the report. The Oxfam report adds that India’s top 10 per cent population holds 77.4 per cent of the total national wealth. A deeper study of the data in the report shows the top one per cent have cornered 51.53 per cent of the national wealth, while the remaining 99 per cent make do with almost 48 per cent. The combined revenue and capital expenditure of the Centre and all the states for medical, public health, sanitation and water supply is Rs 2,08,166 crore (a little more than Rs 2 lakh crore) — which is less than the wealth of country’s richest man Mukesh Ambani at Rs 2.8 lakh crore. – Oxfam report According to the report, India had 18 people joining the new billionaires’ list in 2018. There are now 119 billionaires in India with their combined wealth touching $440 billion or approximately Rs 30 lakh crore in comparison to $325.5 billion in 2017. The Modi government recently launched the Ayushman Bharat scheme that promises Rs 5 lakh medical insurance to poor families. The scheme is yet to reach people as indicated by the Oxfam report which says the highest-quality medical care is only available to those who have the money to pay for it. The country is a top destination for medical tourism. At the same time, levels of public spending on health are some of the lowest in the world. The poorest Indian states have infant mortality rates higher than those in Sub-Saharan Africa. The report suggests that if India’s richest one per cent pay just 0.5 per cent extra tax on their wealth, the money raised would be enough to increase government spending on health by a staggering 50 per cent. To showcase the wide gap between the earnings of the rich and budgeted benefits provided by governments to the poor, the report says, The combined revenue and capital expenditure of the Centre and all the states for medical, public health, sanitation and water supply is Rs 2,08,166 crore (a little more than Rs 2 lakh crore) — which is less than the wealth of country’s richest man Mukesh Ambani at Rs 2.8 lakh crore. In the recent five state assembly elections, the Bharatiya Janata Party (BJP) lost three critical states — Madhya Pradesh, Rajasthan and Chhattisgarh as the Opposition, Congress, promised farm loan waivers. The Oxfam report gives an idea of why the Congress’s promise made great politico-economic sense. It says that the poorest 10 per cent (13.6 crores) Indians have been living under the burden of debt since 2004. The World Inequality Report 2018 shows that between 1980 and 2016 the poorest 50 per cent of humanity managed to capture only 12 paise of every rupee earned while the top one per cent captured 27 paise of every rupee. There are now 119 billionaires in India with their combined wealth touching $440 billion or approximately Rs 30 lakh crore in comparison to $325.5 billion in 2017. – Oxfam report India is not alone in the rise of the rich and the slide of the poor. In 2018, fortunes of billionaires globally rose by $2.5 billion a day as compared to the poorest half of the world’s population, who saw their wealth decline by 11 per cent, said Oxfam. Oxfam’s report comes a day before the start of the World Economic Forum’s annual meet at Davos, Switzerland. It underlines that increasing inequality is undermining the fight against poverty, damaging economies and fuelling public anger across the globe. The report notes the deepening of the concentration of wealth by stating that only 26 people on the earth now own the same as the 3.8 billion people — the poorest half of humanity. As per the report last year there were 44 people in the top bracket compared to the 26 this time — which include the world’s richest man Jeff Bezos, the founder of Amazon whose fortune increases to $112 billion. The report compared that one per cent of his fortune is equal to the whole health budget for 115 million people of Ethiopia. The report brings out more stark facts. In the 10 years since the economic meltdown in the US, the number of billionaires has almost doubled. A new billionaire was born every two days between 2017 and 2018. Oxfam India CEO Amitabh Behar after the release of the report said: “The survey reveals how governments are exacerbating inequality by underfunding public services, such as healthcare and education, on the one hand, while under-taxing corporations and the wealthy, and failing to clamp down on tax dodging on the other.”

Industrial Automation and Artificial Intelligence Must to Transform India Into a USD1 Trillion Manufacturing Economy by 2025: RAOTM

Business Wire India
Industry leaders gathered at India’s largest industrial automation event ‘Rockwell Automation on the Move’ 2019 (RAOTM) conference emphasized on the need for a major shift towards Industry 4.0 technologies if India aims to triple its combined factory output in gross value added (GVA) terms to $1 trillion by 2025.
 
Noting that the ambitious target needs a concerted effort from across the industry, Rockwell Automation is taking the lead by further expanding its Partner Network in India to allow local manufacturers access to a collaborative network of companies mutually focused on developing, implementing and supporting best-in-class manufacturing solutions across industry verticals.
 
The announcement was made at Rockwell Automation’s RAOTM 2019 Annual User Group Conference in which industry partners and customers are invited to showcase and discuss latest digital transformation solutions and business opportunities. This year the conference hosted over 25 exhibits and 50 technology sessions.
 
Dilip Sawhney, Managing Director, Rockwell Automation India said, “We want to take the lead in building India’s first industry 4.0 ecosystem of partner companies that will create solutions for The Connected Enterprise that can analyze machine conditions in advance to avoid breakdowns and enhance productivity but also improve on quality and compliance parameters.”
 
Rockwell Automation has in the past partnered with L&T, Cisco, Microsoft, Endress+Hauser, and Wipro Infrastructure Engineering to develop smart manufacturing solutions in India.
 
John Watts, Regional Marketing Director, Asia Pacific at Rockwell Automation added, “Globally, digital-induced disruption is inevitable. To maintain and improve global competitiveness, Indian manufacturers need to accelerate the adoption of Industry 4.0. While India has a lot of catching up to do in this respect, it can accelerate digital transformation by leveraging its strengths in the IT services sector and tapping the entrepreneurial spirit seen in the start-up sector.”
 
Throughout the event, Rockwell Automation and its partner companies showcased new products and solutions support:
  • The Connected Enterprise: New analytics and digital solutions that can help transform data into understandable information, empowering users to confidently make more informed decisions – from the plant floor to the enterprise.
  • Data Analytics and Augmented Reality: How Rockwell Automation is expanding its portfolio and tapping into its partnership with PTC to help customers increase productivity and plant efficiency, reduce operational risk and provide better system interoperability.
  • Innovation: Customers will get an early look at how new technologies will change manufacturing and production, including artificial intelligence, augmented reality, wearables and other disruptive technologies.
Rockwell Automation is bringing RAOTM to 3 more cities this year –
  • Bangkok, Thailand (Mar 5)
  • Tianjin, China (May 15 & 16)
  • Jakarta, Indonesia (Apr 30)

Source: Businesswire

Ferring, Rebiotix and Karolinska Institutet Extend Collaboration to Research Next Generation of Microbiome Treatments

Business Wire India
  • Collaboration brings together expertise from Ferring, Rebiotix and Karolinska Institutet to unlock the potential of the human microbiome
  • The collaboration will investigate the role of the microbiome in reproductive medicine and women’s health and gastroenterology through 10 clinical studies involving approximately 9,000 people
  • The data collected will support future research and development in areas of high unmet need, including recurrent pregnancy loss, preterm birth and inflammatory bowel disease
 

Ferring Pharmaceuticals and Karolinska Institutet announced today a five-year extension of their collaboration to explore the potential of the human microbiome in reproductive medicine and women’s health and gastroenterology. The collaboration brings together specialist expertise from Karolinska Institutet in early stage research, Rebiotix Inc. (acquired by Ferring in 2018), a late-stage clinical microbiome company, and Ferring’s therapeutic area and commercialisation capabilities.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190121005428/en/

 

The extension includes six reproductive health clinical studies of approximately 6,000 women and babies and four gastroenterology studies of approximately 3,000 adults and children, to further investigate the role of the microbiome in areas of high unmet need including recurrent pregnancy loss, preterm birth and inflammatory bowel disease.

 

“The extension of this partnership presents an exciting research opportunity, bringing together unique capabilities of Ferring, Karolinska Institutet and Rebiotix across the clinical development continuum in the mircrobiome space,” said Lee Jones, Founder, President and Chief Executive Officer, Rebiotix, Inc. “This, together with Ferring’s significant experience in reproductive medicine and gastroenterology, offers the potential to drive future research and development for the next generation of microbiome treatments needed to help more people build healthy families and live better lives.”

 

Up to 5% of couples face the heartache of recurrent pregnancy loss1 and around 15 million babies are born preterm every year around the world, with approximately 1 million children dying each year due to related complications.2 Over 10 million people worldwide live with the pain and discomfort of inflammatory bowel disease.3With reproductive health and inflammatory bowel concerns on the rise,2,4 there is a need to increase understanding of their causes and develop new solutions.

 

“This innovative public-private partnership demonstrates our ongoing, shared commitment to investigating the human microbiome,” said Lars Engstrand, Professor at Karolinska Institutet and Director of the Center for Translational Microbiome Research. “It will support the expansion of Karolinska Institutet’s foundation of robust biological data and drive our understanding of the microbiome’s impact on important reproductive and gut health challenges.”

 

ENDS

 

About Ferring Pharmaceuticals
Ferring Pharmaceuticals is a research-driven, specialty biopharmaceutical group committed to helping people around the world build families and live better lives. Headquartered in Saint-Prex, Switzerland, Ferring is a leader in reproductive medicine and women’s health, and in specialty areas within gastroenterology and urology. Ferring has been developing treatments for mothers and babies for over 50 years and has a portfolio covering treatments from conception to birth. Founded in 1950, privately-owned Ferring now employs approximately 6,500 people worldwide, has its own operating subsidiaries in nearly 60 countries and markets its products in 110 countries.

 

Learn more at www.ferring.com, or connect with us on Twitter, Facebook, Instagram, LinkedIn and YouTube.

 

About Rebiotix Inc.
Rebiotix Inc., part of the Ferring Pharmaceuticals Group, is a late-stage clinical microbiome company focused on harnessing the power of the human microbiome to revolutionise the treatment of challenging diseases. Rebiotix possesses a deep and diverse clinical pipeline targeting several other disease states with drug products built on its pioneering Microbiota Restoration Therapy™ (MRT™) drug platform. The MRT platform is a standardised, stabilised drug technology that is designed to rehabilitate the human microbiome by delivering a broad consortium of live microbes into a patient’s intestinal tract via a ready-to-use and easy-to-administer format. For more information on Rebiotix and its pipeline of human microbiome-directed therapies, visit www.rebiotix.com.

 

About Karolinska Institutet
Karolinska Institutet is one of the world’s leading medical universities. Its vision is to significantly contribute to the improvement of human health. Karolinska Institutet accounts for the single largest share of all academic medical research conducted in Sweden and offers the country’s broadest range of education in medicine and health sciences. The Nobel Assembly at Karolinska Institutet selects the Nobel laureates in Physiology or Medicine. For more information please visit www.ki.se/en.

 

References:
1 Hachem HE, Crepaux V, May-Panloup P, et al. Recurrent pregnancy loss: current perspectives. International Journal of Womens Health. 2017; 9: 331–345.
2 WHO. Preterm birth. 2018. Available at: https://www.who.int/news-room/fact-sheets/detail/preterm-birth [Accessed: January 2019].
3 Crohn’s & Colitis Foundation. World IBD Day: Beyond Borders May 19, 2018. Available at: http://www.crohnscolitisfoundation.org/WorldIBDDay/ [Accessed: January 2019].
4 Kaplan G. The global burden of IBD: from 2015 to 2025. Nature Reviews Gastroenterology & Hepatology. 2015; 12: 720–727.

 

 

 

 
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Source: Businesswire

Toshiba Expands Ethernet Bridge IC Lineup for Automotive and Industrial Applications

Business Wire India

Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has expanded its lineup of automotive Ethernet bridge ICs with the new “TC9562 series”: TC9562AXBG, which offers more interfaces than Toshiba’s current bridge ICs, the TC9560 series; TC9562BXBG which supports Ethernet TSN[1] and Ethernet AVB[2]; and TC9562XBG, which offers simpler IC configuration than current products.
Sample shipments will start in February, and volume production will start in October.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190121005177/en/

 
Toshiba: New Ethernet bridge ICs "TC9562 Series" for automotive and industrial applications. (Photo: ...

Toshiba: New Ethernet bridge ICs "TC9562 Series" for automotive and industrial applications. (Photo: Business Wire)

The Ethernet AVB specification offers real-time reliable data transmission and is increasingly used in vehicles. Toshiba currently offers the TC9560 series of Gigabit Ethernet (10/100/1000Mbps) solutions compliant with IEEE 802.1AS[3] and IEEE 802.1Qav[4].

 

More and more road vehicles now have on-board connectivity, equipping them with internet and cellular access, and allowing information to be shared among on-board systems and devices and with external systems and services. On top of this, low latency communications are essential for advanced driver assistance systems (ADAS) and autonomous driving technologies. These developments all require more complex automotive communication systems supported by reliable transmission standards with real-time data delivery. The Ethernet TSN standard was developed expressly to meet these needs.

 

Toshiba’s new product family responds to market demand with support for both the current AVB and the new TSN networking standards. The TC9562XBG offers simpler implementation than the current product family. TC9562AXBG supports expanded interface capabilities with SGMII, plus the RGMII, RMII and MII[5] interfaces, of current products. TC9562BXBG supports Ethernet TSN standards IEEE 802.1Qbv, IEEE 802.1Qbu[6] and IEEE 802.3br[7] in addition to TC9562AXBG’s capabilities.

 

Toshiba is targeting a low-power mode for the TC9562 series of 0.5mW power consumption and a 100ms recovery time (typical)[8].

 

The new bridge ICs will be AEC[9]-Q100 grade 3 qualified.

 

Applications

 

In-vehicle infotainment, telematics, audio amplifier and industrial equipment

 
 

Outline of New Products

 
Part Number   TC9562XBG/TC9562AXBG/TC9562BXBG
CPU core   Arm® Cortex®-M3
HOST Interface   PCIe I/F: Gen2.0(5GT/s), Endpoint , Single lane
Automotive Interface   – Ethernet AVB MAC integrated

Choice of SGMII/RGMII/RMII/MII Interface
(TC9562AXBG, TC9562BXBG support SGMII )
compliant with IEEE802.1AS, IEEE802.1Qav standards

 

– Ethernet AVB/TSN MAC integrated (Only for TC9562BXBG)
compliant with IEEE 802.1Qbv, IEEE 802.1Qbu, IEEE 802.3br standards

Audio Interface   Choice of I2S or TDM
Peripheral Interfaces  

– I2C or SPI

 

– Quad-SPI

 

– UART 2ch

 

– Interrupt ports

 

– GPIO

Supply Voltage   Choice of 1.8V/3.3V (For I/O)

Choice of 1.8V/2.5V/3.3V (For RGMII/RMII/MII)

 

1.8V (For SGMII, PCIe)

 

1.1V (For Core)

Package   P-LFBGA 120 balls; 9mm x 9mm, 0.65mm pitch
 
 
Notes:
[1]   Ethernet TSN: IEEE802.1 Time Sensitive Networking
[2]   Ethernet AVB: IEEE802.1 Audio/Video Bridging
[3]   IEEE 802.1AS: Standard for time synchronization
[4]   IEEE 802.1Qav: Standard for traffic shaping
[5]   SGMII, RGMII, RMII, MII: Ethernet interface. SGMII = Serial Gigabit Media Independent Interface; RGMII = Reduced Gigabit Media Independent Interface; RMII = Reduced Media Independent Interface; MII = Media Independent Interface
[6]   IEEE 802.1Qbv: Standard for Enhancements to scheduled traffic
[7]   IEEE 802.1Qbu/IEEE 802.3br: Standard for Frame preemption/Interspersing Express Traffic
[8]   Typical result at 20ºC in Toshiba measurement environment
[9]   AEC: Automotive Electronics Council
 

* Arm and Cortex are registered trademarks of Arm Limited (or one of its subsidiaries) in the United States or other countries.
* PCI Express and PCIe are registered trademarks of PCI-SIG.
* All other company names, product names and service names may be trademarks of their respective companies.

 

For more information about the new products, please visit:
https://toshiba.semicon-storage.com/ap-en/product/automotive/interface-bridge.html

 

Customer Inquiries:
System LSI Marketing Dept.III
Tel: +81-44-548-2422
https://toshiba.semicon-storage.com/ap-en/contact.html

 

Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.

 

About Toshiba Electronic Devices & Storage Corporation

 

Toshiba Electronic Devices & Storage Corporation combines the vigor of a new company with the wisdom of experience. Since becoming an independent company in July 2017, we have taken our place among the leading general devices companies, and offer our customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD.

 

Our 22,000 employees around the world share a determination to maximize the value of our products, and emphasize close collaboration with customers to promote co-creation of value and new markets. We look forward to building on annual sales now surpassing 800-billion yen (US$7 billion) and to contributing to a better future for people everywhere.
Find out more about us at https://toshiba.semicon-storage.com/ap-en/top.html

 

 

 

 
MULTIMEDIA AVAILABLE :
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Source: Businesswire