Tag: Australia

  • IIM-Calcutta ties up with CEMS for global expansion

    IIM-Calcutta ties up with CEMS for global expansion

    KOLKATA (TIP): In a bid to expand its global footprint, Indian Institute of Management-Calcutta (IIM-C) has become the first institute in India to tie up with CEMS, an international alliance of management institutes across 28 countries in the world. “This is part of the internationalisation strategy by IIM-C.We will become the only school in India to be a part of this alliance.

    We are going to sign a memorandum of understanding with CEMS, through which our students will have the opportunity to get masters in management (MIM) degree from CEMS,” said Ashok Banerjee, dean, new initiatives and external relations, IIM-C. CEMS currently includes 28 academic institutions from Europe, North and South America, Asia and Australia.

    It also has about 70 companies and some non-governmental organisations as its partners. “Based on the agreement, we will have a three-year exclusivity with CEMS in India. Our students will be able to study in the best global institutes and in exchange, the students there will be coming to IIM-C.

    This will also help us in getting rated among the best management institutes in the world,” said Banerjee. The CEMS MIM is a post-graduate degree open to a selective group of students enrolled on a master’s programme in one of the 28 listed institutions. The course will be available for IIM-C students from 2013-14.

    CEMS, formerly known as the Community of European Management Schools and International Companies, had gone on a globalisation strategy opening up to institutes in Asia, Australasia, and North and South America since the middle of the last decade. The last country to be a member of CEMS was China in 2011.

  • GVK partners Samsung, Smithbridge for Oz project

    GVK partners Samsung, Smithbridge for Oz project

    HYDERABAD (TIP):

    Hyderabad-based GVK Power & Infrastructure Ltd (GVKPIL) plans to tie up $10 billion of funds for its Australian pit-to-port project in a year’s time. With all approvals in place, the company has awarded a contract to Korea-based Samsung C&T and Smithbridge Group Pvt Ltd of Australia for the port component. GVKPIL, through its subsidiary, Hancock Coal Infrastructure, is erecting the $10-billion project at Abbot Point in North Queensland. “We got all our approvals last week. From this week, we are starting our financing programme and construction contracts. The third quarter of the next calendar year will see financial closure and construction would start,” G V Sanjay Reddy, vicechairman, GVKPIL, said.

  • India, Australia may sign nuclear pact

    India, Australia may sign nuclear pact

    New Delhi (tip): Australian Prime Minister Julia Gillard, whose bold move overturned a longstanding ban on uranium sale to India, comes here Oct 15 on a three-day visit that could see India and Australia sign a landmark civil nuclear pact.

    Gillard’s visit takes place months after a reversal of Canberra’s long-standing policy by the ruling Labour Party on supply of uranium to India, paving the way for the sealing of a civil nuclear deal that could have a force-multiplier effect on broader ties both bilaterally and regionally.

    The agreement on civil nuclear cooperation is likely to be signed during the visit, well-placed sources

  • Auto parts industry attracts heavy online traffic: Study

    Auto parts industry attracts heavy online traffic: Study

    Is among the top three sectors on B2B site in terms of the number of buyers it attracted
    from developed and developing countries

    NEW DELHI (TIP): A report by IndiaMART.com, one of India’s largest online B2B marketplaces, has found that the SME-dominated automotive sector is among the top three sectors on the site in terms of the number of buyers it attracted from other countries, both developed and developing. The report, The Automotive Components Sector, reveals that the US emerged as one of the leading countries in terms of the number of its buyers visiting IndiaMART.com’s automotive category for their sourcing requirements — 12.8 per cent of its total buyers did so.

    Over one million SMEs from sectors such as auto components, apparel and fashion accessories, engineering and industrial, home decor, and others are registered with IndiaMART.com, which acts as a B2B matchmaking platform for these suppliers and helps them generate leads from over five million buyers from across the globe.

    Asian countries are also key buyers for auto products from India. The portal’s automotive category had visits from buyers based in Pakistan (8.2 per cent), China (7.6 per cent), Malaysia (7.3 per cent) and Bangladesh (7.2 per cent). Buyers from India alone accounted for 28.3 per cent of online visitors for auto parts.

    The sector also attracted 6.8 per cent of the total buyers from the UK, followed by 6.5 per cent of Canadian buyers, 6.4 per cent of buyers from Germany, and 6.3 per cent of Australian buyers. Other countries from where buyers showed interest in online sourcing of auto components were the UAE, Saudi Arabia, Egypt and Iran.

    The importance of the automotive sector was also indicated by the number of suppliers from this sector as a proportion of the total number of suppliers from each key country.

    At the top was Canada, 13.8 per cent of whose registered vendors were from the auto parts sector, followed by Denmark (12.3 per cent), China (12.1 per cent), Australia (7.4 per cent), France and Germany. The report reveals that the most popular product searches were for air pollution control devices, fuel injection parts, digital tachometers, security gadgets, gear parts, and car cables. Information on “buy leads” – buyers’ sourcing inquiries that are aggregated by IndiaMART.com and purchased by interested suppliers, who then contact potential buyers to generate business – reveals that the most number come from Maharashtra, which contributes 25.6 per cent of the total buy leads generated in India.

  • India Knocked Out of T20 World Cup

    India Knocked Out of T20 World Cup

    COLOMBO (TIP): India is out of the ICC World Twenty20 tournament despite beating South Africa in the final match of the Super Eights stage. Compounding India’s misery, its exit ensured that great rival Pakistan qualified for the semifinal.

    In hindsight, Tuesday night’s match in Colombo was a classic, going right down to the final over with India snatching a victory by just one run. But neither team was in the mood to celebrate, as by then both had been knocked out of the competition. Pakistan’s victory over Australia in Tuesday’s earlier game meant that South Africa was already out of the tournament before the teams even took to the pitch for the national anthems.

    The Proteas looked downbeat, but there was no way they would leave Sri Lanka without a fight. India, meanwhile, had to win convincingly enough to lift its net run-rate above Pakistan’s in order to qualify for the semifinal. That goal became a little tougher after Mahendra Singh Dhoni lost the toss and his team was put in to bat – it would’ve been better to bat second under the circumstances, the Indian captain admitted. And so it proved.

    Gautam Gambhir has been about as useful as a sunroof during the monsoon, and his horrible tournament continued when he was first man out, bowled by Morne Morkel for eight. The Indian opener ended the tournament with 80 runs from five innings. And so much for the steady hand of Virat Kohli, India’s “Mr. Reliable” for the past year or more. The 23-year-old was out for just two runs after being smartly caught by A.B. de Villiers off the bowling of Jacques Kallis.

    Danger man Virender Sehwag went shortly after, following up a six with a wild slog at a Robin Peterson delivery. He missed, and was bowled for 17. India was in trouble on 36 for 3, with the demand for a high run-rate perhaps toying with the players’ minds. Rohit Sharma and Yuvraj Singh helped right the ship, scoring 25 and 21, respectively. But it was Suresh Raina, who scored 45, and Dhoni who accelerated India’s run-rate. The Indian captain has been criticized for underperforming in T20 cricket, scoring too slowly for the format, but he scored a quick 23 from 13 deliveries Tuesday night. With a total of 152 for 6, India needed to restrict South Africa to 121 runs or fewer in order to progress to the semifinal and knock Pakistan out. But South Africa eased past that target in the 17th over. The moment was greeted by huge cheers at the R. Premadasa Stadium, apparently still full of nervous Pakistani fans from the earlier game. There were moments of hope for India when South Africa came in to bat. Zaheer Khan, who hadn’t taken a single wicket so far this tournament, got off to a terrific start, claiming the scalp of the supremely talented Hashim Amla for 0 – caught Sehwag – on the second delivery of the innings. Jacques Kallis didn’t last much longer, and with South Africa on 16 for 2 there was a sense that India could do this. But Faf du Plessis soon put an end to that optimism as he smashed 65 runs off 38 balls. South Africa will surely rue not using him more at this tournament. India, meanwhile, will rue the lack of consistency that plagued its WorldT20 campaign.

    The thrashing by Australia proved decisive in spoiling its net runrate. There was another period of hope for India when South Africa was still short of the 121-run deadline. On 109 for 5, Robin Peterson was caught by Lakshmipathy Balaji, prompting wild celebrations among the Indian players. But it was not out, as Ravichandran Ashwin had bowled a noball – pretty much unforgivable for a spinner coming in on such a short run up. He bowled Peterson next delivery, but that didn’t matter either as he had a free hit. In truth, it was too late anyway. India wasn’t going to take five more South African wickets for just 12 runs. It then became a simple matter of pride. Both teams were out of the tournament, but the players were still representing their countries so would surely want to come away with a win.

    It went to the final over, with South Africa needing 14 to win with two wickets in hand. Balaji was a risky choice of bowler, and his nerves wouldn’t have been helped when Albie Morkel thumped his first delivery for six. But he bowled him next delivery, and then dismissed his younger brother Morne too, though not before he’d thrashed him for another six. South Africa came up one run short, 151 all out. There won’t be much chance for India’s fans back home to drown their sorrows, as it’s a dry day for Gandhi Jayanti, a holiday marking the anniversary of Mahatma Gandhi’s birth in 1869. Perhaps the more fickle fans out there will be quick to claim not to care about T20 cricket anyway. But we do, we surely do.

  • ZIMBABWE CRASH OUT WITH HUGE LOSS

    ZIMBABWE CRASH OUT WITH HUGE LOSS

    HAMBANTOTA (TIP): If Australia’s victory over Ireland can be called routine for a bigger nation against a smaller one, then South Africa’s over Zimbabwe was surgically clinical, almost coldly so.

    After limiting their neighbours to thier second-lowest total in T20 cricket, South Africa chased down the target inside 13 overs.

    With some assistance for the seamers, Dale Steyn wasable to scare the Zimbabwe batsmen with swing and pace while Morne Morkel intimidated them further, combining bounce and intermittent use of the full ball. But it was Jacques Kallis who broke the back of Zimbabwe’s batting with discipline, variation and supreme experience as he took four wickets to send Zimbabwe home red-faced.

    They exit the tournament having lost both their matches, which may have been expected but the manner in which they fell would have left them disappointed. Far from putting up the fight they promised, Zimbabwe could not even aim a punch at their opponents’ body. Their batting, in particular, was an indication of the importance of regular cricket, something Zimbabwe have sorely lacked. After their first five overs against South Africa, Zimbabwe looked in danger of not lasting 20, as they teetered on 17 for 3. Kallis had not bowled a ball at that stage. Morkel offered Vusi Sibanda three balls short of a length and then bowled one fuller.

    Sibanda was on his back foot, anticipating more of the short stuff, and missed the drive to have his bails removed.
    Morkel’s next wicket was not achieved through menace.

    Brendan Taylor reached for a ball outside off, did not movehis feet and edged behind to de Villiers. With Zimbabwe in trouble, Masakadza tried to make something happen and attempted a lofted drive off Albie Morkel but offered Richard Levi a simple catch at mid-on. Craig Ervine scored more than a third of Zimbabwe’s runs and four of the six boundaries and looked like hecould rescue the team.

    He and Stuart Matsikenyeri put on35 for the fourth wicket and settled Zimbabwe temporarily. Matsikenyeri threw it away though, when he flat-batted Kallis to extra cover.

    Kallis removed Elton Chigumbura plumb lbw with his next ball but Graeme Cremer saw off the hat-trick delivery. Ervine had two more stands which could have developed into steadying ones with Cremer and Prosper Utseya but both his partners abandoned him.

  • Fast-track lanes for rich Indians at Heathrow?

    Fast-track lanes for rich Indians at Heathrow?

    LONDON: After facing embarrassment over long delays at immigration at Heathrow before the Olympics, Britain is working on plans for fasttrack passport lanes for highvalue individuals from India and other countries to convey the message that London is “open for business” .

    Brian Moore, head of UK border force, told the home affairs select committee on Tuesday that his officials were working on plans for high-value business individuals not only from the old Commonwealth countries like Australia, but from all countries.

    He told senior Labour Keith Vaz, chairman of the committee, “It is an idea that officials are discussing with port operators. It will then go back to ministers for them to consider whether and how it is going to be progressed.”
    As Indian companies increasingly set up offices in the UK or took over British companies, top business executives from India travel to London regularly.

  • EX-COAL MINISTER BAGRODIA’S BROTHER GOT HEFTY MINING CONTRACT

    EX-COAL MINISTER BAGRODIA’S BROTHER GOT HEFTY MINING CONTRACT

    NEW DELHI (TIP): Between 2006 and 2010, PSU power giant National Thermal Power Corporation awarded a coal mine contract worth over Rs 23,000 crore to a joint venture company in which 10% shares are held by the family of former coal minister Santosh Bagrodia. Significant parts of the tender for awarding Pakri-Barwadih (PB) coal block took place when Bagrodia was minister of state for coal in the UPA government. The company which lost out in the race for the contract was another PSU, Singareni Collieries, that reported directly to Bagrodia. Bagrodia, a former Rajya Sabha MP from Rajasthan, was the minister of state for coal, with Prime Minister Manmohan Singh as the cabinet minister, between April 2008 and May 2009. The commercial bid submission, regarded as a crucial step in awarding the contract, happened when Bagrodia was in office.

    NTPC board awarded the PB coal block mining project to Thiess Minecs India, in which the Bagrodia family holds a 10% stake, in the first week of December 2010. When contacted, Bagrodia denied any role in Thiess Minecs getting the contract, while claiming that he has been estranged from his family in business matters since 1986 when he became an MP. Bagrodia: I wasn’t aware of bros’ bid Vinod is my brother, but I have no idea whatsoever about what kind of business he is doing. We don’t consult each other, advise each other or interfere in each other’s business,” Bagrodia said. Thiess Minecs, too, said Bagrodia played no role in the contract.

    The company said in a statement: “Thiess Minecs India Private Ltd denies any role of Mr Santosh Bagrodia in winning the Pakri Barwadih Project, which has been awarded to TM by NTPC Ltd following a 56-month long, competitive tender process.” The estimated contract price is “Rs 230,030 million equivalent to $5111.78 million (considering 1$= Rs 45)” and the contract was for 27 years, NTPC told TOI in a written statement. NTPC said Thiess Minecs is a joint venture company where “90% of the shares are held by Thiess (Mauritius) Pty Ltd which is a 100% subsidiary of Thiess Pty Australia and 10% of the shares are held by Minecs Centre Pvt Ltd, a 100 % subsidiary of Cuprum Bagrodia Ltd.” Cuprum Bagrodia is owned by the Bagrodia family.

    The former minister’s brother Vinod and Vinod’s son Songit are directors of the company. NTPC said the “ownership details of Minecs Centre Pvt Ltd are neither available in the bid nor sought for by NTPC as Thiess Minecs India Pvt Ltd have been qualified on the technical experience and financial strength of its promoter Thiess Pty, Australia (Majority share holder).” When asked if it was aware of the minister’s family’s involvement, NTPC said, “A general description of Minecs Centre Pvt Ltd has been given in the bid.” On Singareni Collieries losing out the contract, NTPC said, “Both the bids were technically and commercially responsive. Thiess Mines India Pvt Ltd’s bid price was lowest and has been awarded the contract.”

    The contract to Thiess Minecs is mired in allegations that the award price of coal is almost Rs 200 per tonne higher than what was estimated by NTPC’s advisors, MECON Ltd, a government owned engineering consultancy firm, and others. The price is allegedly higher than the award price of Coal India in the region. “It can be said that the price is broadly in line with the estimates, considering implication of strict quality parameters and risks involved in execution of the nature of contract which is for 27 years,” NTPC said. Dr R Srikanth, Thiess India’s chief executive said that Cuprum Bagrodia had been a dealer for Komatsu Mining, a Japanese construction and mining equipment maker that was working with Thiess in other parts of the world. It was because of Komatsu’s reference that Thiess got into JV with Cuprum Bagrodia, he said.

    “It is no sweat equity, they have to pay for it,” Srikanth, a former Tata executive, said, arguing that the presence of Bagrodia had no impact on the contract. “We were L1 by a huge margin,” he said. “TM was formed in December 2005 (more than 27 months before Mr Santosh Bagrodia was appointed as minister of state for coal in April 2008) to bid for and execute specific coal mining projects in India as a mine developer & operator,” Thiess Minecs said in a statement. And on March 31, 2006, NTPC invited bids for the 15mt per annum Pakri-Bawardih (PB) coal mining project in Jharkhand. While the technical bids were submitted in April 2007, much before Bagrodia became coal minister, the crucial commercial bids were submitted in July 2008, when he was the coal minister overseeing Singareni Collieries.

  • Taliban insurgents posing as “attractive women” on Facebook for spying

    Taliban insurgents posing as “attractive women” on Facebook for spying

    Melbourne (TIP): Taliban insurgents are posing as “attractive women” on Facebook to befriend coalition soldiers for gathering sensitive intelligence about operations in Afghanistan, an Australian government report has warned.

    The dangers of social media have been pointed out in a federal government review of social media and defence, which was finalised in March but has not been acted upon, defence sources said.

    The review found an “overt reliance” on privacy settings had led to a “false sense of security” among personnel. It warns troops to beware of “fake profiles, media personnel and enemies who create fake profiles to gather information. For example, the Taliban have used pictures of attractive women as the front of their Facebook profiles and have befriended soldiers”.

    Australian soldiers are now being given pre-deployment briefings about enemies creating fake profiles to spy on troops. Personnel are also being warned that geo-tagging, a function of many websites that secretly logs the location from where a post is made or a photo is uploaded, is a significant danger.

    Family and friends of soldiers are inadvertently jeopardising missions by sharing confidential information online, Australia’s ‘Daily Telegraph’ reported.

    Three Australian soldiers were murdered inside their base this month, allegedly by an Afghan Army trainee.
    Many of the 1,577 defence members surveyed for the review had no awareness of the risk, it said, adding 58 per cent of defence staff had no social media training.

    Surveyed troops said social media open ‘a whole can of worms when it comes to operational, personnel and physical security’. ‘Many individuals who use social media are extremely trusting,’ the review said.

    ‘Most did not recognise that people using fake profiles, perhaps masquerading as school friends, could capture information and movements. Few consider the possibilities of data mining and how patterns of behaviour can be identified over time,’ the review added.

    The review recommended education for family and friends on the dangers of sharing details like names, ranks and locations. Several troop members have argued for a total social media ban. ‘I see too many members who post info/pics of themselves which identify what unit they belong to and where they are serving,’ a soldier said.

    Security expert Peter Hannay, from Edith Cowan University’s school of computer and security science, said geo-tag information ‘can be data-mined and sold to anybody’.

  • AS I SEE IT – China thrives in soft corner with two-track U.S. strategy

    AS I SEE IT – China thrives in soft corner with two-track U.S. strategy

    The U.S. strategy long has been geared against the rise of any hegemonic power in Asia and for a stable balance of power. Yet, as its 2006 national security strategy report acknowledges, the United States also remains committed to accommodate “the emergence of a China that is peaceful and prosperous and that cooperates with us to address common challenges and mutual interests.”

    Can U.S. policy reconcile these two seemingly conflicting objectives? The short answer is yes.

    The U.S., in fact, has played a key role in China’s rise. One example was the U.S. decision to turn away from trade sanctions against Beijing after the 1989 Tiananmen Square massacre and instead integrate that country with global institutions – a major decision that allowed China to rise. Yet, paradoxically, many in the world today see China as America’s potential peer rival.

    Often overlooked is the fact that U.S. policy has a long tradition of following a China-friendly approach.
    In 1905, for example, President Theodore Roosevelt – who hosted the Japan-Russia peace conference in Portsmouth, New Hampshire, after the war between the two countries – argued for the return of Manchuria to Manchu-ruled China and for a balance of power in East Asia. The Russo-Japanese War actually ended up making the U.S. an active participant in China’s affairs.

    After the Communists seized power in China in 1949, the U.S. openly viewed Chinese Communism as benign and thus distinct from Soviet Communism. In more recent decades, U.S. policy has aided the integration and then ascension of Communist China, which began as an international pariah state.

    It was the U.S. that helped turn China into the export juggernaut that it has become by outsourcing the production of cheap goods to it. Such manufacturing resulted in China accumulating massive trade surpluses and becoming the principal source of capital flows to the U.S.

    America’s China policy has traversed three stages. In the first phase, America courted the Mao Zedong regime, despite its 1950-51 annexation of Tibet and its domestic witch hunts, such as the “Let a Hundred Flowers Bloom” campaign. Disappointment with courtship led to estrangement, and U.S. policy then spent much of the 1960s seeking to isolate China.

    The third phase began immediately after the 1969 Sino-Soviet bloody military clashes, as the U.S. actively sought to take advantage of the open rift between the two communist states to rope in China as an ally in its anti-Soviet strategy.

    Even though the border clashes were clearly instigated by China, as the Pentagon later acknowledged, Washington sided with Beijing. That helped lay the groundwork for the China “opening” of 1970-71 engineered by Henry Kissinger, who had no knowledge of China until then.

    Since the 1970s, the U.S. has followed a conscious policy to aid China’s rise – a policy approach that remains intact today, even as Washington seeks to hedge against the risks of Chinese power sliding into arrogance. The Carter White House, in fact, sent a memo to various U.S. departments instructing them to help in China’s rise.

    In the second half of the Cold War, Washington and Beijing quietly forged close intelligence and other strategic cooperation, as belief grew in both capitals that the two countries were natural allies. Such cooperation survived the end of the Cold War. Even China’s 1996 firing of missiles into the Taiwan Strait did not change the U.S. policy of promoting China’s rise, despite the consternation in Washington over the Chinese action.

    If anything, the U.S. has been gradually withdrawing from its close links with Taiwan, with no U.S. Cabinet member visiting Taiwan since those missile maneuvers. Indeed, U.S. policy went on to acknowledge China’s “core interests” in Taiwan and Tibet in a 2009 joint communiqué with Beijing.

    In this light, China’s spectacular economic success – illustrated by its emergence with the world’s biggest trade surplus and largest foreign-currency reserves – owes a lot to the U.S. policy from the 1970s, including Washington’s post-Tiananmen decision not to sustain trade sanctions.

    Without the significant expansion in U.S.-Chinese trade and financial relations since the 1970s, China’s economic growth would have been much harder.

    From being allies of convenience in the second half of the Cold War, the U.S. and China have emerged as partners tied together by close interdependence. America depends on Chinese trade surpluses and savings to finance its supersized budget deficits, while Beijing relies on its huge exports to the U.S. both to sustain its economic growth and subsidize its military modernization.

    By plowing two-thirds of its mammoth foreign-currency reserves into U.S. dollar-denominated investments, Beijing has gained significant political leverage.

    China thus is very different from the adversaries the U.S. has had in the past, like the Soviet Union and Japan. U.S. interests now are so closely intertwined with China that they virtually preclude a policy that seeks to either isolate or confront Beijing. Even on the democracy issue, the U.S. prefers to lecture some other dictatorships rather than the world’s largest and oldest-surviving autocracy.

    Yet it is also true that the U.S. views with unease China’s not-too-hidden aim to dominate Asia – an objective that runs counter to U.S. security and commercial interests and to the larger U.S. goal for a balance in power in Asia.
    To help avert such dominance, the U.S. has already started building countervailing influences and partnerships, without making any attempt to contain China. Where its interests converge with Beijing, the U.S. will continue to work closely with it. American academic John Garver, writing in the current issue of the Orbis journal, sees a de facto bargain between Washington and Beijing in the vast South Asia-Indian Ocean Region (SA-IOR): “Beijing accepts continuing U.S. pre-eminence in the SA-IOR in exchange for U.S. acceptance of a gradual, incremental and peaceful expansion of Chinese presence and influence in that region.”

    For the U.S., China’s rising power helps to validate U.S. forward military deployments in the Asian theater, keep existing allies in Asia, and win new strategic partners. An increasingly assertive China indeed has proven a diplomatic boon for Washington in strengthening and expanding U.S. security arrangements in Asia.

    South Korea has tightened its military alliance with the United States, Japan has backed away from a move to get the U.S. to move a marine airbase out of Okinawa, Singapore has allowed the stationing of U.S. Navy ships, Australia is hosting U.S. Marine and other deployments, and India, Vietnam, Indonesia and the Philippines, among others, have drawn closer to the U.S.

    The lesson: The rise of a muscle-flexing power can help strengthen the relevance and role of a power in relative decline.

    Let us not forget that barely a decade ago, the U.S. was beginning to feel marginalized in Asia because of several developments, including China’s “charm offensive.” It was worried about being shunted aside in Asia.
    Today, America has returned firmly to the center-stage in Asia, prompting President Barack Obama to declare his much-ballyhooed “pivot” toward Asia. To lend strategic heft to the “pivot,” the U.S. is to redirect 60 percent of its battleships to the Pacific and 40 percent to the Atlantic by 2020, compared to the 50-50 split at present.

    Despite the “pivot,” the U.S. intends to stick to its two-track approach in Asia – seek to maintain a balance of power with the help of its strategic allies and partners, while continuing to accommodate a rising China, including by reaching unpublicized bargains with it on specific issues and Asian subregions.

    Brahma Chellaney is a prolific writer. He has authored “Asian Juggernaut” (HarperCollins) and “Water: Asia’s New Battleground” (Georgetown University Press).

  • India Win U-19 World Cup

    India Win U-19 World Cup

    QUEENSLAND (TIP): India Under-19 skipper Unmukt Chand hit an unbeaten 111 in seamer-friendly conditions to lead India to a six-wicket win over Australia in the final of the World Cup at the Tony Ireland Stadium in Townsville, Queensland, on August 26. Australia, the defending champions, had done well to recover from 38 for four, thanks to skipper William Bosisito’s unbeaten 87, and post 225 for eight but Unmukt topped that effort by combining with Baba Aparajith in a 73-run stand for the second wicket and was then involved in a matchwinning 130-run stand for the fifth wicket with Smit Patel, who finished on 62 not out, to help India win with 14 balls to spare. India were 97 for 4 when Chand and Patel got together.

    Medium pacer Sandeep Sharma was the pick of the bowlers with 4 for 54 after India elected to field. It was the second time in four months that the Indian Under-19 team had beaten their Australian counterparts. In the final of the quadrangular tournament in April, also in Townsville, Chand had made an unbeaten 112 to lead India to a seven-wicket victory. Chand joined Mohammad Kaif in 2000 and Virat Kohli in 2008 as captains who have led India to the U-19 World Cup title. “Australia were the defending champions and they have been unbeaten in the tournament. Beating Australia in Australia is a challenge that I have always enjoyed. I had a very mediocre tournament by my standards and I frittered away a few starts so I wanted to make up for all of that. I have this knack of playing big knocks in finals and I am glad that I did it again,” Unmukt told The Indian Express before heading for a team party.

    Incidentally, after India’s one-wicket win over Pakistan in the quarterfinal, Chand seemed to have a premonition about achieving glory. The 19-year-old had then updated his BBM status to: “This is it. I can already feel the Cup in my hand.” High praise for Unmukt and his team also came from the opposition camp. “It is not the first time that Unmukt has terrorised us. The Indians did great work,” said Australia skipper Bosisito.India Under-19 coach Bharat Arun said: “I had reminded Unmukt about his knack of playing big knocks in the final stages and he really saved his best for the last. He played a very mature innings. The boys truly deserve this win.”Unmukt’s father Bharat Chand Thakur watched most of the game, that was telecast from 5 am onwards, on a giant screen erected within the community hall of his residential complex. “When I spoke to him on the eve of the game, Unmukt told me that he was confident of beating the Australians,” he said.

  • India, Australia join hands to develop iron-rich bananas

    India, Australia join hands to develop iron-rich bananas

    HYDERABAD (TIP): Eating bananas could well be the next best thing in the fight against anaemia soon. Indian and Australian researchers have joined hands to develop iron-rich bananas that could help women with iron deficiency. Bananas contain vitamin B6, fibre and potassium. Globally more than 100 billion bananas are consumed annually, making it the largest agricultural product after wheat, rice and corn. The joint effort will see the development of new strains of iron-rich bananas. It will offer an affordable option to tackle iron-deficiency anaemia, a major cause of maternal deaths during childbirth, especially in India and other developing countries. The Biotechnology Industry Research Assistance Council (Birac) under the Department of Biotechnology and the Queensland University of Technology have signed an agreement for the purpose. The project will see an investment of A$2.6 million or about Rs 14.8 crore. Birac is providing A$1.2 million (Rs 6.8 crore ) to the University and another A$1.4 million (Rs 8 crore) towards the cost of the Indian component of the programme, which will address a nutrition deficiency in Indian population, said Managing Director Renu Swarup.

    The project will be led by the University’s Centre for Tropical Crops and Biocommodities Director James Dale and India’s National Agri-Food Biotechnology Institute’s Rakesh Tuli. Other partners include Bhabha Atomic Research Centre, National Research Centre for Bananas, Tamil Nadu Agricultural University and Indian Institute of Horticulture Research. In a press release, Australian High Commissioner to India Peter Varghese said on Wednesday that it is an important project that would help prevent avoidable maternal mortality in India. Dales said the project would build upon ongoing research the University was undertaking to increase the nutritional content of bananas in Uganda under the auspices of the Gates Foundation. The Indian banana project would involve an initial four-year development phase. It would then take another four to five years to prepare the bananas for release to Indian farmers..