Tag: Mexico

  • 10-Year-Old Prodigy To Enter Harvard University This Fall

    10-Year-Old Prodigy To Enter Harvard University This Fall

    MEXICO CITY: He’s only 10 years old but thanks to an IQ similar to Albert Einstein’s, Luis Roberto Ramirez will begin the next school year studying applied quantum physics at Harvard University. “My dream is to create a company and sell my inventions,” the boy said on a video aired by the Michoacan Radio and Television System. Ramirez, who lives in Zamora, Michoacan, taught himself English at 5 and is now learning to speak French and Chinese.

    He was identified as highly gifted just two years ago when his parents began to see he had problems relating to other children, and that his priorities and tastes were unlike anything that might be expected of a kid his age.It was then he was determined to have an IQ of between 152 and 160, around Einstein’s level.”It makes us very proud but it’s also a big responsibility,” his father, Roberto Ramirez, said.

  • TCS FORAYS INTO US GOVT SPACE

    TCS FORAYS INTO US GOVT SPACE

    BANGALORE (TIP): After tasting fair amount of success in India and a few other emerging countries, Tata Consulting Services (TCS), India’s leading information technology (IT) services company, is foraying into the government vertical in the US. Initially, the company is focusing on states and local governments in the US, as working with the federal government requires it to fulfil stringent conditions.

    Among US states, TCS has already started working with the Mississippi government and is in the process of bagging a contract from another state, an announcement on which is expected soon. “We are mostly focusing on state and local governments and we are finding a lot of traction in the unemployment insurance and city taxation areas because of our expertise in working on tax automation with a number of states in India,” Tanmay Chakrabarty, vicepresident & global head (government industry solutions unit, TCS, told Business Standard.

    He said the company had already made inroads into the city taxation space in the US, through which cities collect taxes on behalf of the federal, state and local governments. The company is implementing tax automation systems in seven cities across the US. TCS has wide experience in automating tax collection in India — it automated value-added tax collection in 13 states. Subsequently, it also worked with a few countries in east Africa, including Uganda, Zambia and Kenya, in automating their taxation systems.

    For TCS, the government business unit is one of the fastest growing areas, growing 35-40 per cent a year. Chakrabarty said though the business unit was a single-digit contributor to the company’s overall revenues, “our target is to make it a double-digit revenue contributor in the next three years”. For the year ended March, TCS reported revenues of Rs 62,989 crore ($11.6 billion).

    Industry experts say so far, TCS is the most successful company in the government vertical in India, compared to other Indian or global IT services companies. Despite the belief that government business wasn’t substantially profitable, TCS made early investments in developing specific solutions and frameworks to address issues involving governance. Now, the company is trying to replicate its success in this segment in a few emerging countries in the east Africa and Latin America, as well as developed markets such as the US and the UK.

    Recently, the company had bagged a core system integrator contract from the Department of Posts, tipped as one of the most prestigious egovernance contracts in the country. The contract was valued at about Rs 1,100 crore. It was said this was the second-largest contract for the company in Indian government space, after the Rs 2,000-crore Passport Seva Project of the Ministry of External Affairs.

    “Our philosophy is to build in India, demonstrate the scale and complexity here, and then take it to the rest of the world. That is what we are doing,” Chakrabarty said. TCS is also focusing on countries such as Columbia and Mexico, targeting opportunities in their financial and healthcare segments.

    Passport Seva completes 3 years in Bangalore
    Passport Seva Project, the mission mode programme of the Ministry of External Affairs, has completed three years of operations in Bangalore. In 2010, a pilot phase of the project was launched in Bangalore. Since the project was implemented, 1.17 million passport applications have been processed in Bangalore. TCS had bagged the project in 2008.

  • High Import Charges Hike Prices Of Indian Mangoes In US

    High Import Charges Hike Prices Of Indian Mangoes In US

    WASHINGTON (TIP): Consumers in the United States are finding it difficult to buy Indian mangoes due to the high prices as compared to the ones imported from South American countries, a study has found out. According to a study report released by the US department of agriculture, the rise in the price is attributed to high shipping charges and profit margins kept by traders, and not the costs of meeting US health and food safety requirements for imports, an argument being put forth so far by major mango traders.

    In fact Indian mangoes – considered to be the best in the world, costs five to six times higher in the US than the prices of varieties imported from Mexico and Brazil sold at $1 per pound, the study said. “Many attribute the high prices of such products to the costs of meeting US health and food safety requirements for imports,” the report said.

    “Despite recent regulatory changes designed to ease access of US imports of certain speciality crops, concerns remain that regulatory and treatment costs inhibit growth of developing country exports,” it added. An analysis carried out by the Economic Research Service – or ERS which is the research wing of the federal agricultural agency — however, finds that in the case of Indian mangoes, “shipping and wholesale markups” are in fact the biggest factor behind the high prices.

    Through their research, the ERS broke down the price structure of Indian mangoes which averages $ 4.20 per pound in the US. This includes Indian farm cost (29 cents per pound), irradiation costs (14 cents per pound), inspection costs (35 cents per pound), air freight costs ($1.24 per pound), and US wholesaler costs and margins ($1.88 per pound). “Costs associated with the regulation and treatment of Indian mangoes account for a much smaller share of total costs than air freight or wholesale costs and markups.

    Severe reductions in the regulatory and treatment costs associated with Indian mango imports would bring less downward pressure on prices than innovations in shipping or changes in market structure that would reduce markups,” the ERS report said. After several decades the previous Bush Administration allowed import of Indian mangoes with the first shipment arriving in 2006. Persistently high prices of Indian mangoes from 2006 to 2011, however, suggest that some other structural factors kept prices high.

    “Irradiation did add to costs, and these costs might be reduced with further regulatory liberalization. But the period was also marked by high shipping costs and high wholesale markups associated with the still small volume of trade,” the report added.

  • Immigration Reform Bill: Border Security First; Amnesty next

    Immigration Reform Bill: Border Security First; Amnesty next

    WASHINGTON (TIP): Leaders have reached a deal on the first major overhaul of the nation’s immigration system in years. And despite concerns from immigrant advocates, it puts border security before amnesty. A landmark immigration reform bill touted as sweeping legislation that would put some 11 million immigrants living in the U.S. illegally on a path to citizenship includes the toughest border security provisions in U.S. history, a person familiar with the proposals told the Associated Press Wednesday, April 10. A bipartisan group of senators, known as the “Gang of Eight,” have agreed to specific border security provisions in the legislation which will be released within days. The legislation would call for surveillance of 100 percent of the U.S. border with Mexico and apprehension of 90 percent of people trying to cross in certain high-risk areas. People living here illegally could begin to get green cards in 10 years but only if a new southern border security plan is in place, employers have adopted mandatory electronic verification of their workers’ legal status and a new electronic exit system is operating at airports and seaports. “A lot of people here would not want to put dollars into the border, but as a price to get citizenship, as long as it’s not an impediment to citizenship but rather works alongside citizenship, it’s something we can all live with.” Sen. Chuck Schumer, D-N.Y.,said, after talking to the Hispanic House members. The person provided the information on condition of anonymity because the deliberations were private. The contours of the tough new border security plans emerged as senators moved closer to unveiling sweeping legislation that would put some 11 million immigrants living here illegally on a path to citizenship and allow tens of thousands of high- and low-skilled workers into the country on new visa programs, in addition to securing the border. Lawmakers and aides said all the major elements were about complete. A final deal was near on a new visa for agriculture workers.

    There were small details to be dealt with on visas for high-tech workers, but Sen. Dick Durbin, D-Ill., said it wasn’t enough to hold up the bill. “We are closer now than we have been in 25 years for serious immigration reform,” Durbin told reporters Wednesday after he and other Democrats in the Senate negotiating group briefed members of the Congressional Hispanic Caucus. “This president is behind it, and there is a strong, growing bipartisan effort in the Senate to support it.

    We hope that the House will do the same.” Meanwhile tens of thousands of proimmigration activists massed outside the Capitol and in cities around the country to push Congress to act. They waved American flags and carried signs reading, “Reform immigration for America now!” According to the person familiar with the proposals, the new border security requirements call for 100 percent surveillance of the entire border, and apprehending 90 percent of border crossers or would-be crossers – or getting them to turn back to Mexico – in sectors where the majority of unauthorized entries take place. As of the end of the 2010 fiscal year, the Department of Homeland Security reported achieving some level of operational control of 44 percent of the nearly 2,000-mile border, according to a Government Accountability Office report this year.

    Operational control was defined as the ability to detect and respond to crossborder illegal activity. In one border sector cited by GAO, the busy Tucson sector, 64 percent of people who managed to make it across the border were apprehended in 2011, while 23 percent turned back to Mexico and 13 percent got away. That meant the sector stopped or turned back 87 percent of crossers, close to the 90 percent level sought by the legislation.

    The new goals would be achieved by giving the Department of Homeland Security six months from the bill’s enactment to create a new border security plan deploying the personnel, infrastructure and technology needed to achieve the 90 percent effectiveness rate. Also within six months, the department would have to create a plan to identify where new fencing is needed on the border.

    Once those plans are certified, people living here illegally could begin to apply for a provisional status allowing them to work here legally. If the 90 percent rate of apprehensions isn’t achieved in high-risk border sectors within five years, a commission made of border state officials would make recommendations on how to achieve it. After 10 years, people granted “registered provisional immigrant status” could apply for green cards granting them permanent residency – and the ability to seek citizenship – if the new security and fencing plans have been completed, the mandatory employment verification system is in place and used by all employers, and the new electronic exit system is operating at airports and seaports, collecting machine-readable visa or passport information from airplanes and ships.

    The electronic exit system is meant to keep better track of people in the country on temporary visas. Some 40 percent of people in the country illegally arrived with visas but stayed after they expired. The employment verification piece would be an expansion of an existing system called EVerify that’s currently voluntary for most employers, though it’s mandatory in some states. The bill would allocate $5.5 billion for the various proposals, including $1.5 billion for fencing, $2 billion for other border measures and $2 billion to help the commission of border state officials do its work, should that become necessary, the person said, stressing more or less money could be allocated if needed.

  • Immigration Reform in Sight

    Immigration Reform in Sight

    Immigration Reform Bill on anvil is a welcome news. A bipartisan group of senators, known as the “Gang of Eight,” has apparently worked in close cooperation for months now and the reports emanating suggest there is an agreement on specific border security provisions in the legislation which are likely to be released in the next few days. Obviously, the senators have concluded that the border security must come first and the question of amnesty for 11 million odd undocumented aliens must follow it.

    According to the information available with us the legislation would call for surveillance of 100 percent of the U.S. border with Mexico and apprehension of 90 percent of people trying to cross in certain high-risk areas. People living here illegally could begin to get green cards in 10 years but only if a new southern border security plan is in place, employers have adopted mandatory electronic verification of their workers’ legal status and a new electronic exit system is operating at airports and seaports.

    The contours of the tough new border security plans emerged as senators moved closer to unveiling sweeping legislation that would put some 11 million immigrants living here illegally on a path to citizenship and allow tens of thousands of high- and low-skilled workers into the country on new visa programs, in addition to securing the border.

    Lawmakers and aides said all the major elements were about complete. A final deal was near on a new visa for agriculture workers. There were small details to be dealt with on visas for high-tech workers, but Sen. Dick Durbin, DIll., said it wasn’t enough to hold up the bill.

    “We are closer now than we have been in 25 years for serious immigration reform,” Durbin told reporters Wednesday after he and other Democrats in the Senate negotiating group briefed members of the Congressional Hispanic Caucus. “This president is behind it, and there is a strong, growing bipartisan effort in the Senate to support it. We hope that the House will do the same.”

    Support for an immigration reform has also come from Facebook Chief Mark Zuckerberg who said the U.S. needs to fix a “strange” immigration policy that prevents promising but undocumented students from contributing to the country’s future and doesn’t provide enough visas for foreign workers with advanced skills.

    “We have a strange immigration policy for a nation of immigrants. And it’s a policy unfit for today’s world,” the 28- year-old founder of the world’s largest Internet social network said in an opinion column in The Washington Post on Thursday, April 11.

    The Gang of Eight hopes to introduce a piece of legislation very soon. However, it remains to be seen how fast the Senate and the House move on it.

  • India Sixth Most Favourable Nation For Americans: Poll

    India Sixth Most Favourable Nation For Americans: Poll

    WASHINGTON (TIP): India is the sixth most favourable nation for Americans, while at least eight out of 10 do not like Pakistan, making it the third most unfavourable nation after Iran and Korea, according to a latest poll.

    According to the Gallup Polls, nearly seven (68 per cent) out of every 10 persons interviewed for the poll favoured India, thus ranking it sixth after Canada (91 per cent), Great Britain (88 per cent), Germany (85 per cent), Japan (81 per cent) and France (73 per cent).

    In fact Israel, the traditional American ally ranks seventh after India with 66 per cent while Mexico get only 47 per cent favourable votes. Opinion about Russia is equally divided among favourable and unfavourable rating while 52 per cent of the Americans put China in the unfavourable category. Nine out of 10 Americans have an unfavourable view of Iran, making it the worst rated country out of 22 surveyed. Seven other countries – Libya (72 per cent), Iraq (76 per cent), Afghanistan (80 per cent), the Palestinian Authority (77 per cent), Syria (75 per cent), Pakistan (81 per cent) and North Korea (84 per cent)– also receive unfavourable ratings of 70 per cent or more. “Eight countries with the most negative ratings are currently or over the past decade were involved in wars, disputes, or turmoil — in a number of instances, in ways that are hostile to the US,” Gallup said. It said the currently “hostile” category includes Iran and North Korea.

    Libya was hostile toward the US under the government of Muammar Gaddafi and more recently Ambassador Christopher Stevens and three other Americans were killed there. “The US-Pakistani relationship is beset with rockiness despite the strained cooperation between the two on military matters. Americans also strongly favour Israel’s enduring conflict with Palestinian Authority,” the survey said.

  • Nadal Wins In Singles Debut At Brazil Open

    Nadal Wins In Singles Debut At Brazil Open

    SAO PAULO (TIP): Spain’s Rafael Nadal scored an easy two-set victory in his singles debut at the Brazil Open late Thursday.

    The former world number one needed only 78 minutes to prevail over Brazilian Joao Souza, ranked 101st in the world 6-3, 6-4. Nadal advanced to the quarterfinals which will be played Friday. “It was an important victory for me,” Nadal said. “the conditions are very difficult.

    The court is very fast, the ball too.” Asked about his injured left knee, he replied: “Today I think it was acceptable, normal. Let’s hope it will be the same tomorrow. The important things is that it (the knee) does not hurt.” The Spanish star withdrew from a scheduled doubles match he was to have played with Argentina’s David Nalbandian against Argentine Horacio Zeballos and Austrian Oliver Marach, citing “knee overuse”.

    Nadal, currently ranked number five in the world, only returned to the tour in Chile last week after a seven-month injury absence.

    The 11-time grand slam champion, who lost both the singles and doubles finals Sunday at his comeback event in Vina del Mar, Chile, is the top seed at this week’s event here.

    The $455,775 Brazil Open is part of the Latin American clay court circuit, along with the Vina del Mar and the Mexico Open in Acapulco where Nadal plans to play later this month.

  • Valentine’s Day

    Valentine’s Day

    Every February 14, across the United States and in other places around the world, candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine. But who is this mysterious saint, and where did these traditions come from? Find out about the history of this centuriesold holiday, from ancient Roman rituals to the customs of Victorian England.

    The Legend of St.Valentine

    The history of Valentine’s Day– and the story of its patron saint–is shrouded in mystery. We do know that February has long been celebrated as a month of romance, and that St. Valentine’s Day, as we know it today, contains vestiges of both Christian and ancient Roman tradition.

    But who was Saint Valentine, and how did he become associated with this ancient rite? The Catholic Church recognizes at least three different saints named Valentine or Valentinus, all of whom were martyred. One legend contends that Valentine was a priest who served during the third century in Rome.

    When Emperor Claudius II decided that single men made better soldiers than those with wives and families, he outlawed marriage for young men. Valentine, realizing the injustice of the decree, defied Claudius and continued to perform marriages for young lovers in secret.

    When Valentine’s actions were discovered, Claudius ordered that he be put to death. Other stories suggest that Valentine may have been killed for attempting to help Christians escape harsh Roman prisons, where they were often beaten and tortured.

    According to one legend, an imprisoned Valentine actually sent the first “valentine” greeting himself after he fell in love with a young girl–possibly his jailor’s daughter–who visited him during his confinement.

    Before his death, it is alleged that he wrote her a letter signed “From your Valentine,” an expression that is still in use today. Although the truth behind the Valentine legends is murky, the stories all emphasize his appeal as a sympathetic, heroic and–most importantly–romantic figure.

    By the Middle Ages, perhaps thanks to this reputation, Valentine would become one of the most popular saints in England and France.

    Origins of Valentine’s Day: A Pagan Festival in February
    While some believe that Valentine’s Day is celebrated in the middle of February to commemorate the anniversary of Valentine’s death or burial–which probably occurred around A.D. 270–others claim that the Christian church may have decided to place St. Valentine’s feast day in the middle of February in an effort to “Christianize” the pagan celebration of Lupercalia. Celebrated at the ides of February, or February 15, Lupercalia was a fertility festival dedicated to Faunus, the Roman god of agriculture, as well as to the Roman founders Romulus and Remus.

    To begin the festival, members of the Luperci, an order of Roman priests, would gather at a sacred cave where the infants Romulus and Remus, the founders of Rome, were believed to have been cared for by a she-wolf or lupa. The priests would sacrifice a goat, for fertility, and a dog, for purification.

    They would then strip the goat’s hide into strips, dip them into the sacrificial blood and take to the streets, gently slapping both women and crop fields with the goat hide.

    Far from being fearful, Roman women welcomed the touch of the hides because it was believed to make them more fertile in the coming year. Later in the day, according to legend, all the young women in the city would place their names in a big urn. The city’s bachelors would each choose a name and become paired for the year with his chosen woman. These matches often ended in marriage.

    A Day of Romance
    Lupercalia survived the initial rise of Christianity and but was outlawed—as it was deemed “un- Christian”–at the end of the 5th century, when Pope Gelasius declared February 14 St. Valentine’s Day. It was not until much later, however, that the day became definitively associated with love.

    During the Middle Ages, it was commonly believed in France and England that February 14 was the beginning of birds’ mating season, which added to the idea that the middle of Valentine’s Day should be a day for romance. Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400.

    The oldest known valentine still in existence today was a poem written in 1415 by Charles, Duke of Orleans, to his wife while he was imprisoned in the Tower of London following his capture at the Battle of Agincourt. (The greeting is now part of the manuscript collection of the British Library in London, England.) Several years later, it is believed that King Henry V hired a writer named John Lydgate to compose a valentine note to Catherine of Valois.

    Typical Valentine’s Day Greetings
    In addition to the United States, Valentine’s Day is celebrated in Canada, Mexico, the United Kingdom, France and Australia.

    In Great Britain, Valentine’s Day began to be popularly celebrated around the 17th century. By the middle of the 18th, it was common for friends and lovers of all social classes to exchange small tokens of affection or handwritten notes, and by 1900 printed cards began to replace written letters due to improvements in printing technology.

    Readymade cards were an easy way for people to express their emotions in a time when direct expression of one’s feelings was discouraged. Cheaper postage rates also contributed to an increase in the popularity of sending Valentine’s Day greetings.

    Americans probably began exchanging hand-made valentines in the early 1700s. In the 1840s, Esther A. Howland began selling the first mass-produced valentines in America.

    Howland, known as the “Mother of the Valentine,” made elaborate creations with real lace, ribbons and colorful pictures known as “scrap.” Today, according to the Greeting Card Association, an estimated 1 billion Valentine’s Day cards are sent each year, making Valentine’s Day the second largest card-sending holiday of the year. (An estimated 2.6 billion cards are sent for Christmas.) Women purchase approximately 85 percent of all valentines.

  • Marco Rubio Becomes First Hispanic To Give GOP Response To State Of The Union

    Marco Rubio Becomes First Hispanic To Give GOP Response To State Of The Union

    WASHINGTON (TIP): Sen. MarcoRubio, R-Florida, will make history onFebruary 12 when he will give his party’srebuttal to President Barack Obama’sState of the Union address. He’ll becomethe first Hispanic to ever give the GOPresponse to the State of the Union andhe’ll do it in both English and Spanish –also a first.The Republican party has had anIndian-American — Louisiana Gov. BobbyJindal, in 2010 –and an African-American,former Congressman J.C. Watts, in 1997 togive the party’s response.In 2004, then Gov.

    Bill Richardsonbecame the first to provide a secondaryrebuttal in Spanish.U.S. House Speaker John Boehner, ROhio,and Senate Republican leader MitchMcConnell, R-Ky., announced theselection of Rubio on February 5, callinghim a strong advocate of conservativeprinciples.Rubio will speak after Obama’s primetimeaddress before Congress, offering acounterweight to the president’s agenda.

    The high-profile speech gives Rubio abroad national audience for a party thatlacks a true standard-bearer afterObama’s re-election.The 41-year-old Cuban-Americanlawmaker will provide a direct message toa growing Hispanic electorate thatshunned the GOP in last year’s election.Rubio was given a prominent speakingrole at last year’s Republican NationalConvention and traveled extensively onbehalf of Republican presidentialcandidate Mitt Romney. He has beentouted as a potential presidentialcandidate in 2016 for a party that faredpoorly among Latino voters last year.Boehner called Rubio “one of ourparty’s most dynamic and inspiringleaders. He carries our party’s banner offreedom, opportunity and prosperity in away few others can.

    “McConnell said his Senate colleaguewould “contrast the Republican approachto the challenges we face with PresidentObama’s vision of an ever-biggergovernment and the higher taxes thatwould be needed to pay for it.”Rubio has played a leading role amongRepublicans in seeking changes onimmigration, one of the top legislativepriorities of the year for both parties. Hehas been part of a bipartisan group ofsenators who have proposed a plan thatwould allow illegal immigrants to pursuecitizenship after a number of steps aretaken to secure the border with Mexico.

    The issue is expected to be among themost highly-watched measures inCongress this year.On the economy, Rubio has said taxincreases will not bring down the nation’s$16 trillion debt and urged policies topromote economic growth and changes toentitlement programs.Rubio said he would discuss “howlimited government and free enterprisehave helped make my family’s dreamscome true in America.” He said thespeech would help lay out “the Republicancase of how our ideas can help peopleclose the gap between their dreams andthe opportunities to realize them.”Rubio, a former state house speakerfrom Miami, became a popular figureamong tea party activists during hisimprobable rise during his 2010 Senatecampaign.

    He defeated Florida Gov.Charlie Crist, who switched to run as anindependent when it became clear hewould lose the Republican primary toRubio.Rubio becomes the first Hispanic toever provide the opposition response tothe president’s State of the Union sincethe practice of an opposition response tothe State of the Union address began in1966.

  • President Urges Overseas Indians To Invest In India

    President Urges Overseas Indians To Invest In India

    KOCHI (TIP): President of India, Mr. Pranab Mukherjee expressed confidence that the Indian economy would bounce back to an 8-9% GDP growth due to its strong economic fundamentals and the reforms driven policy initiatives of government of India.

    Addressing the valedictory session of the 11th Pravasi Bharatiya Divas here on January 9, Mr. Mukherjee said, “To achieve this order of growth over a sustained period of time, would need large doses of investment. The overseas Indians could help by investing in Indian companies and in the capital market and earn higher dividends as the yield of the equity markets in India was much higher than elsewhere.”

    India, he said, was a “land of immense opportunity; the second fastest growing economy after China. But for a brief period of economic deceleration, six of the nine years that have gone by witnessed a GDP growth of around 8%.”

    The President said that he wished to see the Indian Diaspora as a strong partner in India’s development, not just in economic growth but in the knowledge economy. “Knowledge and experience you have gained can ply decisive role in the growth story of India”, he said. “Together, we will keep our tryst with destiny,” he said, amid huge applause an added “we are proud of your services to India”. Earlier, the President gave away the Pravasi Bharatiya Samman Awards to 15 eminent persons of Indian origin for their outstanding contribution for enhancing India’s prestige in a tangible way.

    The award winners for 2013 included Mr. Rajkeswur Purryag President of Mauritius, who was “recognized for his outstanding contributions in public service and fostering friendly relations between India and Mauritius; Australia-India Society of Victoria (award received by Mr. Gurdip Singh Arora) “recognized for its role in protecting the rights of Indian migrants and establishing a network of welfare activities”;

    Mr. Ashok Shambhomal Vaswani, Guinea “recognized for his efforts in building strong bridges between India and the people of the Republic of Guinea”; Indian Doctors Forum, Kuwait (award received by Dr. Narayan Namboori) “recognized for its contribution to the field of healthcare facilities for Indians and Kuwaitis”; Tan Sri Ravindran Menon, Malaysia “honored for his contribution in fostering better understanding of Indian community in Malaysia, and for his philanthropic works”; Dr. Rasik Vihari Joshi, Mexico “honored for eminence in his field of work, for enhancing India’s image and for promoting better understanding of India abroad”;

    Dr. Satendra Kumar Singh, Fiji “honored for his immense contribution to promotion of Indian culture and heritage in New Zealand, Fiji and South Pacific”; Mr. Gilbert Canabady Moutien, Reunion Islands “recognized for his immense contribution to strengthening and fostering business ties between India and Reunion Island and his efforts in promoting Indian culture and heritage”;

    Mr.Mohammed Rabeeh Karuvanthodi, Saudi Arabia “honored for his efforts and contribution in promoting healthcare facilities in GCC countries and his philanthropic activities”; Mr. Ismail Ebrahim Ebrahim, South Africa “recognized for his commitment to the principles of liberty, equality and fraternity, his outstanding contribution to public service and fostering closer ties between India and South Africa”; Mr. Bava Pandalingal, Abu Dhabi, UAE “honored for his efforts and dedication in the service of Indian communities in UAE”; Ms. Patricia Maria Rozario, UK “recognized for her outstanding contribution to the Western Classical Music and her eminence in skills which have enhanced India’s prestige abroad”; Dr. Narendra Ramkrishna Kumar, USA “honored for his contribution in the healthcare sector and promoting India and Indians abroad”; Mr. Subash Razdan, Chairman and Co- Founder of Gandhi Peace Foundation, USA “recognized for enhancing the prestige of India through his contribution to public and the Indian community”; and Prof. Dr. Gurcharan Singh Chatwal, Germany, “honored for fostering closer scientific relations between India and Germany, and for enhancing India’s prestige abroad”. Dr. Chatwal, however, could not arrive to receive the award due to “unavoidable reasons”.

  • Dr. Sukhvinder Ranu Nostalgic about India, Tradition, Values

    Dr. Sukhvinder Ranu Nostalgic about India, Tradition, Values

    Dr. Sukhvinder Ranu is among those successful professionals who fully enjoyed the love and affection of a joint family. A son of High School teacher, Sardar Gurnam Singh, Dr. Ranu grew up in a family that valued higher education. Inspired by family traditions and equally influenced by his elder brother, Dr. Amrik Singh Ranu who worked as a medical doctor, he not only chose the medical profession for himself but also excelled in it. Today he is settled in Garden City Park, Long Island, New York with his wife and two young children while maintaining a close contact with his 84 year old father who lives in Vancouver, Canada with Dr. Ranu’s sister and mother.

    Born in village Sarhala Ranuan in the famous Banga Tehsil of district Nawan Shahr in Punjab, Ranu completed his medical degree from Government Medical College at Patiala, Punjab and gave a helping hand to his elder brother in his private clinic. After a brief stint of working in a government hospital at Soondh in Nawanshahr district, Dr. Ranu moved to Canada in 1990 to join his parents where he soon realized that a better career awaited him in the USA. He moved to New York in 1995 to do his residency as a Pediatrician. He joined the State University Health Science Center in Brooklyn, NY. Dr. Ranu emerged as a respectable name in the field of Neonatology. Serving in the Department of Pediatrics at Kings County Hospital Center in Brooklyn, NY, he is helping the community as a specialist who takes care of the new born and the prematurely born babies. As a neonatologist, he evaluates, stabilizes, and treats infants who require medical intervention, including premature babies, babies who need help to breathe at birth, and babies born with lifethreatening medical conditions.

    Content with his professional life, Dr. Ranu is involved in a number of social and professional organizations. In recent years Dr. Ranu got increasingly involved in community service. He regularly participates in social and cultural celebrations organized by various organizations. Earlier this year he was elected as the president of India Association of Long Island, the premier organizations of Indian American population in Long Island area with a membership of 1600. The association is the largest group of Indian American population in New York Metro region

    representing people with roots in India irrespective of their religious or political affiliations .He is also a board member of American Association of Physicians of Indian Origin, Queens and Long Island, which is a professional organization supported by more than two thousand physicians from Queens and Long Island. A cheerful family man Dr. Ranu attributes his successful medical career to his family. He likes to spend time with his wife Darshan, a housewife and sons Ashvinder who is doing major in Psychology and Business Administration at Stonybrook University, preparing to be a lawyer and Akaashdeep who is in High School and plans to go in to medical profession.

    Speaking about his wife, Darshan, Dr. Ranu said his wife enjoyed the role of a housewife. To her tending her husband and two young sons is a pleasure she loves to indulge in. However, she has diverse interests. As the First Lady of the India Association of Long Island, Darshan has been working closely with IALI’s Women’s Forum that aims at educating and updating women members on various important issues, including family’s health. Because of her leadership role, the participation of women in the Forum activities tripled. An achievement, in deed. The Ranu family is fond of traveling and seeing places. They have been to most parts of the US, Canada and Mexico. Dr. Ranu has a passion for nature photography and has a rich collection of photos on various moods of nature.

    Q. How do you describe yourself?

    DR. RANU: I am a physician specializing in Neonatology-looking after ailments of premature and newborn babies. I work hard to ensure that the society is blessed with healthy new citizens who could meet the expectations of the future. I am a family man who is blessed with two school going children. I am fortunate to be receiving the love and affection of my mother and father who live in Vancouver, Canada.

    Q. How do you define success?

    ANS: I think I am a successful professional working as an Assistant Professor in medical field. I enjoy my job teaching young physicians in New York. I have a happy family who make me feel very content with life.

    Q: What was your family’s contribution in shaping your life?

    ANS: I learned from my father that education is very important for succeeding in life. He retired as a principal of a High School and inspired me to do well in my school and college. I was a bright student who had not much difficulty pursuing the medical career. I also followed my elder brother, who owned his medical practice, and helped him for a few years in his clinic.

    Q: How did you arrive in America? What challenges you faced here?

    ANS: In the Eighties I graduated from medical school and got employment in a government hospital in Punjab. Meanwhile my father immigrated to Canada to live with my sister. He wished me to live with him. In order to get my father and mother’s affection and with a desire to stay close to them I decided to move to Canada. Afterwards I moved to New York to pursue higher studies in Pediatrics and specialize in Neonatology.

    Q: What is your future plan?

    ANS: I would like to continue working in the hospital but also would like to work towards setting up my own practice. I am also interested in social and community service. I want to spend more time in community organizations. As a leader in the India Association of Long Island I will continue play a role in mobilizing our people for good cause and hold meaningful activities.

    Q: Is there something you miss in your life?

    ANS: Our community is known for successful professionals. Indian American doctors and professionals are highly respected in this country.We are dedicated to our family values and keep our unique culture alive in this country. Though we are very successful in our professions we are deprived of the social warmth that is easily available back home in India. People of my generation clearly view the changing values in this country with a lot of concern. In spite of our commitment to Indian values I feel that the younger generation of Indians,who are born and raised in this country, are not fully aware of our traditions and care little about concerns and feelings of their ageing parents. This situation bothers me a lot.

    Q: What is your message for the younger generation?

    ANS: I would like to advise the younger generation to be sensitive about their family values and traditions. They shouldn’t deviate from the culture of their parents and grand parents. I would be very happy if the younger generation would continue our tradition to look after their elders without sending them away in long term care facility. Our elders deserve a lot of love and care because they had sacrificed a lot to ensure good future for their offspring.

  • An Overhaul Man Gobind Munjal

    An Overhaul Man Gobind Munjal

    Gobind Munjal, a successful Chartered Accountant and CPA by profession has worked as a Senior Vice President of Finance and Mergers & Acquisitions and served on the Board of Directors of the International Division of Tata Group of Hotels in the USA, totaling 30 years of professional services with the renowned Tata Group in various senior leadership positions. During his services with the Tata Group he saved millions of dollars for the company by way of efficient tax structuring of the deals and was recognized for his excellence in the Hospitality Merger & Acquisition field. In 2006 he started his own advisory and consultancy services. His involvement in community affairs and activities started since more than a decade ago when he joined what was then one of the fastest and largest growing not for profit Organizations on Long Island representing Indians in America, known as the India Association of Long Island (IALI).

    This Organization was about 20 years old then with a growing membership of Suffolk and Nassau County residents, which today numbers 1,600 strong. The aim of the Organization was primarily to promote the culture and heritage of India so that bridges may be crossed between Indians living in America and the local Americans to promote a better understanding of the two cultures. Mr. Munjal served on the Executive Board of IALI for seven of the fifteen years of his continuing membership, in various capacities climbing steadily to the very top :- 2006 – Member-at-Large; 2007 – Membership Chair; 2008-2009 – Secretary; 2010 – Treasurer; 2011 – President. He worked very hard in each of the positions that he held taking each position very seriously and elevating its standards to a much higher level. He brought ethics, professionalism and transparency in producing Minutes of Meetings and raised the standards of Financial Reporting and its presentation to a level that almost everybody in the Executive Council and Past Presidents expressed their overwhelming praise for his work and dedication.

    As President he did much to improve and raise the standards of IALI by bringing transparency, accountability and professionalism to the Association. As President of IALI Mr. Gobind Munjal’s goal and objectives was to bring back Unity, Harmony and Team Work within the Organization; bring back “INDIAFEST” IALI’s hallmark event which truly promotes and showcases India’s culture and traditions in mainstream America; build “INDIA CENTER” for the Indian community, a long cherished dream come true for the India Association of Long Island; encourage stronger participation of the youth and Seniors Group; involve more with the local American community; provide educational support to needy Indian students; build closer ties with local Senior Groups and National Indo-American Association for Senior Citizens (NIAASC); and increase participation and support for the Annual Food Drive to take it to a higher level.

    Growth of membership of IALI during Mr. Munjal’s presidency of one year has been exponential, with around a hundred new members added. A remarkable feat. Many of these objectives were remarkably achieved with the IALI having all successful, well attended month to month women, seniors and youth programs and major events for the year 2011. INDIAFEST turned out to be a BLOCKBUSTER of an event well received and well attended by many dignitaries, community leaders and scores of Americans who thoroughly enjoyed the high end Floor Shows with its sophisticated Fashion Show, a page out of Broadway, a wealth of scintillating performances and dances, mindblowing variety of delicious Indian cuisine and showcasing of the wide variety of arts and crafts and ethnic designer ware of India. Not giving up on the dream of having the INDIA CENTER a place India Association of Long Island has long wanted to call their very own Mr. Munjal has still persisted and today chairs the Ad Hoc Special Committee in IALI with a committed team set up for 2012 so that this dream become a reality.

    Mr. Gobind Munjal’s vision for the future of the Indian community is to see realize INDIA COMMUNITY CENTER and at the same time he also holds true his dream of some form of Housing and Assisted Living Facility for the Seniors. His involvement with India Home providing services for seniors of Indian origin, is testament to his commitment towards improving lives of seniors. He is relentlessly working towards achieving his goal of providing medical, social, and spiritual services for the aging Indian Seniors in Queens and Long Island. When his term as President of IALI concluded at the close of the year 2011, in spite of his tremendous popularity he did not seek reelection, rather made himself available upon invitation to give his services for others. His dedication and passion for community service did not diminish. This has resulted in his joining Indian American Forum (IAF) as Co-Chair of Indian American Night and Global Organization of People of Indian Origin (GOPIO) Long Island Chapter as Secretary. He has been invited to join the National Federation of Indian Americans (NFIA) and has twice participated in the Congressional Hearings and White House briefings in Washington DC.

    He is also a life member of Association of Indians in America (AIA) and Nargis Dutt Memorial Foundation (NDMF) and participates in their activities. He has received numerous Citations and Awards in his year as President of IALI, among them being the Certificate of Recognition from Hon. Kate Murray, Supervisor, Town of Hempstead and has been honored with a Citation by Nassau County Executive Hon. Ed. Mangano and NYS Comptroller Thomas Di Napoli together with Indian Consul General at New York Hon. Prabhu Dayal. During his professional career, he received Outstanding Professional Award from the America’s Registry of Outstanding Professionals. IALI events gained not only popularity but commanded a certain amount of respect among the community and administration. As a result, whereas community loved to associate itself with IALI events, lawmakers and administration officials looked upon these events as opportunities to gain support of the community. Mr. Munjal assiduously built bridges of understanding and cooperation between the Indian American community and the mainstream Americans.

    He took the IALI to the next stage of growth which is getting recognition for the community at the political level, a step in the right direction of empowering the community. The dignitaries that graced various IALI events included Ambassador Prabhu Dayal, Congresswoman Goosby, New York State Comptroller Tom DiNapoli, New York State Senator Tony Avella, Nassau County Executive Ed Mangano, Town of North Hempstead Supervisor Jon Kaiman, Town of Hempstead Supervisor Kate Murray and Mayor of Laurel Hollow Harry Anand and many more. Mr. Munjal’s work for the community is far from complete. On August 11th, 2012 he stood tall and proud with 5 other founder conveners of India Day Parade USA who put together Long Island’s First India Day Parade for Long Islanders in Hicksville, an event never before attempted, but successfully concluded. His involvement in India Day Parade USA started with bringing together of all Indian Organizations onto a single platform to participate in the first ever Parade in Hicksville, Long Island. This was concluded as more than 100 Indian Organizations came together as one for the very first time to participate and march in the India Day Parade USA in Hicksville Long Island.

    However, it is not just work all the time for Gobind. He and wife Suman who is in to Real Estate business and is often busy make it a point to take time off their work to travel and enjoy their vacation. The family has been to Europe, Far East, UAE, Mexico, Australia, New Zealand and seen much of North America. The latest has been a visit to China which has impressed Munjals much. They are all praise for China. They said they were impressed with the infrastructure there. The cleanliness that they witnessed was in total contrast with what they had been made to believe about China. And, above the human effort to give an impressive look to the country is the power of Nature which one sees in her abundant beauty and glory in the most populated country of the world. . Gobind Munjal lives happily in the Whitestone/Malba area with his wife Suman who is a professional in real estate with Prudential Douglas Elliman. He has two sons Gaurav and Kevin and daughter in law Iona with two cute grand-sons Sajin and Neilan, 4 years and 2 years respectively.

  • Islamist Terrorism may end by 2030

    Islamist Terrorism may end by 2030

    WASHINGTON (TIP): A landmark US intelligence report released on Dec 10 says the “current Islamist phase of terrorism” might end by 2030, but violent terrorism itself is unlikely to die completely and might evolve into bloodless forms of economic and financial terrorism.

    Many states might continue to use terrorist group out of a strong sense of insecurity, although the costs to a regime of directly supporting terrorists looks set to become even greater as international cooperation increase, according to the report Global Trends 2030. But with more widespread access to lethal and disruptive technologies, individuals who are experts in such niche areas as cyber systems might sell their services to the highest bidder, including terrorists who would focus less on causing mass casualties and more on creating widespread economic and financial disruptions, it warned.

    The report has a dismal prognosis for Pakistan, widely considered the epicenter of terrorism, ranking the country 12th among 15 countries that have a high risk of failure in a list that is topped by Somalia and includes Afghanistan, Nigeria, and Ethiopia. Bangladesh, which was ranked 11th in the last such report issued in 2008, is now considered stable and has been moved out of the list.

    Although the report said South Asia would continue to face internal and external shocks during the next 15- 20 years, including tensions between India and Pakistan over resources, it saw New Delhi’s “power advantage” relative to Islamabad growing rapidly.

    India’s economy is already nearly eight times as large as Pakistan’s; by 2030 that ratio could easily be more than 16-to-1, it said. In fact, to the likely dismay of Indian planners who factor in Pakistan’s economic growth and stability for peace-making prospects, the country does not even find mention as a second level economy such as Colombia, Egypt, Indonesia, Iran, South Africa, Mexico, Turkey, that the report countsin a list of middle tier that will also rise by 2030.

    “Low growth, rising food prices, and energy shortages will pose stiff challenges to governance in Pakistan and Afghanistan. Afghanistan’s and Pakistan’s youth bulges are large — similar in size to those found in many African countries. When these youth bulges are combined with a slow-growing economy, they portend increased instability,” the report warns. India, the report says, is in a better position, benefiting from higher growth, but it will still be challenged to find jobs for its large youth population. Inequality, lack of infrastructure, and education deficiencies are key weaknesses in India.

    “The neighborhood has always had a profound influence on internal developments, increasing the sense of insecurity and bolstering military outlays. Conflict could erupt and spread under numerous scenarios,” the report warns, adding that conflicting strategic goals, widespread distrust, and hedging strategies by all the parties will make it difficult for them to develop a strong regional security framework.

  • British Petroleum agrees to record criminal penalties for US oil spill

    British Petroleum agrees to record criminal penalties for US oil spill

    NEW ORLEANS/WASHINGTON (TIP): BP Plc will pay $4.5 billion in penalties and plead guilty to felony misconduct in the Deepwater Horizon disaster,which caused the worst U.S. offshore oil spill ever. U.S. Attorney General Eric Holder called the deal a “critical step forward” but was adamant that it did not end the criminal investigation of the 2010 spill.

    The settlement announced on Thursday includes a $1.256 billion criminal fine, the largest such levy in U.S. history. It was not, however, the “global” settlement some had hoped for,which would have also resolved the considerable federal civil claims against the company at the same time. “BP lied to me.

    They lied to the people of the Gulf. And they lied to their shareholders, and they lied to all Americans,” said Representative Ed Markey, the top Democrat on the House Natural Resources Committee who led investigations at the time of the spill. The government also indicted the two highestranking BP supervisors aboard the Deepwater Horizon during the disaster, charging them with 23 criminal counts including manslaughter. One man’s lawyer said his client was being turned into a scapegoat for the disaster.

    The April 2010 explosion on the rig in the Gulf of Mexico killed 11 workers. The miledeep (1.6 km) Macondo oil well then spewed 4.9 million barrels of oil into the Gulf over 87 days, fouling shorelines from Texas to Florida and eclipsing in severity the 1989 Exxon Valdez spill in Alaska. The company said it would plead guilty to 11 felony counts related to the workers’ deaths, a felony related to obstruction of Congress and two misdemeanors.

  • India may move WTO against US visa fee hike by October end

    India may move WTO against US visa fee hike by October end

    NEW DELHI (TIP): India is expected to soon seek consultations with the US under the aegis of World Trade Organisation (WTO) on visa fee hike for professionals, which discriminates against Indian software companies that send employees to America on short-term contracts.

    Although the commerce ministry had internally started the process in April, collecting all the relevant information and data to make a strong case in the WTO is taking time, a senior official in Delhi told media

    “But now we have finalized our case. We are putting all the evidences together. The US visa fee hike is a discriminatory move against Indian IT firms. We are expecting that by October end, we will formally file the complaint and seek consultations under WTO,” the official said.

    The US had raised visa fee in 2010 to fund its enhanced costs on securing border with Mexico under the Border Security Act. India has been protesting against the measure at different forums.

    An American law (Emergency Border Security Supplemental Appropriations Act, 2010) has substantially increased the fees for H-1B and L-1 categories of visas for applicants that employ more than 50 employee in the US or have more than 50 per cent of their employees admitted on non-immigrant visas (called the “50/50 rule”).

    “… which is prima facie discriminatory for Indian companies,” Minister of State for Commerce and Industry Jyotiraditya Scindia had said earlier.

    According to industry experts the H1B visa fee has been increased to USD 2,000 per visa application and L1 by USD 2,700 per visa application.

    Some of the top Indian companies–TCS, Infosys, Wipro and Mahindra Satyam– were affected by the US action on visa fee. The US is the largest market for the Indian software exports.

    As per the procedure of WTO, consultation is the first stage of a complaint filed with the global trade body.
    Consultations give the parties an opportunity to discuss the matter and to find a satisfactory solution without proceeding further. After 60 days, if consultations fail to resolve the dispute, the complainant may request adjudication by a panel.

    In April, India had complained that the US had wrongly imposed countervailing duties, a kind of restrictive duty, on certain hot-rolled carbon steel flat products from India.

    “We have asked for setting up of panel under the WTO’s dispute settlement mechanism on the steel issue,” the official said.

  • Visa Interview Waiver Program Gaining Popularity in India

    Visa Interview Waiver Program Gaining Popularity in India

    NEW YORK (TIP): After Brazil and China, a recently launched pilot program to waive off interview for an American visa is gaining popularity in India as the US government intends to target the country to increase tourist flow in the years to come.

    In the brief span of a few months, since its launch in April, the US mission in India processed some 4,000 visa applications under its interview waiver pilot program (IWPP), the State Department said in a report.

    China and Brazil were the first two countries where IWPP was launched January 20, by the State Department and the Department of Homeland Security as part of its effort to streamline processing for low-risk visa applicants.
    The pilot program is for two years.

    “The IWPP is very popular in China and Brazil, where over 80 percent of IWPP cases are processed.
    State’s Mission (the Embassy and constituent consulates) in Brazil processed almost 33,000 IWPP cases between March 2012 and June 2012, while Mission China processed over 20,000 IWPP cases between February 2012 and June 2012,” the report said.

    “The IWPP is gaining popularity in other key markets, including India.

    Mission India processed almost 4,000 IWPP applications since it launched its program in April 2012,” the State Department said, adding that the program has been expanded to other countries including Mexico and Germany in July.
    According to latest figures available from the Department of Commerce, visitors from India spent a record-breaking USD 4.4 billion in the United States in 2011, an increase of more than 10 per cent from 2010.

    Visitation from Indian nationals is expected to increase by more than 30 per cent over the next five years, the Commerce Department report said, adding that the annual US travel and tourism exports to India have risen by double-digits in seven of the last eight years.

    The State Department is in front of this demand – visa applicants in India typically wait less than a week for an interview appointment and spend less than an hour in the consular section, and 97 per cent of visas are processed within 24 hours, the State Department report said.

    The State Department said it is taking steps to anticipate surges in visa demand from countries exhibiting strong economic growth.

  • Guatemala volcano eruption forces mass evacuation

    Guatemala volcano eruption forces mass evacuation

    MEXICO (TIP): Tens of thousands of people have been evacuated in Guatemala after the Fuego volcano eruption, which specialists estimate to be the most powerful since 1999 in this Central American country, media reports said. The authorities of Guatemala announced the highest “red” level of alert on Thursday, as Fuego began spewing ash as high as 1,000 meters in the air and outpouring lava that covered an area of seven square kilometers on the southern slopes of the volcano.

    According to various local media sources, between10,000 and 33,000 people were evacuated from residential areas near the Fuego, located just 50 kms from Guatemala City. The authorities recommended air traffic controllers to reroute or suspend flights in the vicinity of the Fuego incase the altitude of discharged ash reaches 1,500 meters.

  • Indian drug companies break into world’s fastest growing list

    Indian drug companies break into world’s fastest growing list

    In yet another instance of India Inc occupying a larger seat in the global league tables,three out of the top 10 fastest-growing generic companies globally are now from India. Besides being an indication of the acceptance of domestic pharmaceutical companies and their growing clout, this is also a stamp of their command on manufacturing processes, innovation and marketing muscle at a global scale.On the list is Glenmark Pharmaceuticals which, with a growth of 37%, is the fifth fastest growing generic company globally,followed by Dr Reddy’s which grew34% in FY 2011-12, according to global pharmaceutical research firm, Evaluate Pharma. The third domestic company on the list, Sun Pharma witnessed a growth of 29%, occupying the eighth rank, right below its subsidiary Taro which had a 33%growth (Taro reports its own numbers since it’s listed in the US, while the domestic company has started combining the Israel-based company’s financials since September 2010).The club of the fastest growing generic companies in the world is dominated by US companies, led by US-based Sagent Pharma, which witnessed a huge growth of 106%during the period, according to the research firm’s latest analysis.Perrigo, another US company, is the world’s second fastest-growing company with an 80% growth. Nichi-Iko Pharmaceutical of Japan is on thethird slot, posting a growth of 79%,while Watson Pharma of US grew 46%during the period.Pharma companies have taken advantage of the blockbuster drugswhich are losing patent protection,and have already raked in millions of dollars by introducing their copy-catversions. For instance, Dr Reddy’slaunched generic versions ofblock buster drugs Zyprexa and Plavix,while Ranbaxy mopped up hugerevenues from sales of generic Lipitor. Significant product launches, market exclusivity of drugs going offpatent,and growth in regulated markets have contributed to the development, industry experts say. According to Sujay Shetty, India leader for pharma and life sciences at PwC India, “This shows the growingsignificance of domestic companies interms of quality, portfolio strategy and certain significant first-to-file(FTF) products. Strong revenues fromregulated markets are another factor which contributed to the huge growth. Most of the companies have sales of around 50% coming from US, which isthe largest market for generics globally. Domestic companies like DrReddy’s capitalized on key FTF opportunities, while others including Sun Pharma posted gains on account of US sales.”The growth in domestic companieshas also been driven by their robusthome businesses. The Indian pharmamarket is clocking a growth of around15-20% year-on-year. Commenting on Glenmark’s strategy, CMD Glenn Saldanha says,”The high growth is due to our focusin building a strong emerging markets business in addition to having significant presence in India and US.The growth from markets, particularly Russia, Brazil and the US, has been exceptional. We have invested in these markets for the lastsix-seven years and we are just beginning to make huge inroads in these markets. Glenmark will continue to build its presence in markets like Russia, Brazil and Mexico where it has invested for the last five years and these markets willdrive strong growth.”