Ruchi Group Records Profit 105% jump

Ruchi Soya Industries Limited (Ruchi Soya) has announced its un-audited financial results for the quarter ended December 31, 2012 (Q3). As compared to the corresponding period of the previous year, net profit for the quarter rose by 105.45% from Rs. 24.05 crore to Rs. 49.41 crore whereas net sales rose by 17.56% from Rs. 6,954.29 crore to  Rs. 8,175.16 crore.

During the quarter, branded sales registered a healthy 22.95% growth from Rs. 1,374.23 crore to  Rs. 1,689.59 crore. Refining capacity utilization improved by 8.85% from 4,78,589 MT to 5,20,960 MT. Export of Soya Meal in value improved by 47.29% from Rs. 883.16 crore to Rs. 1,300.83 crore. Sale of Textured soya protein (TSP) stood at Rs. 28.16 crore registering an impressive rise of 43.53% from Rs. 19.62 crore during Q3 in the last fiscal.

Commenting on the performance, Managing Director, Mr. Dinesh Shahra said, “I am happy to  share the healthy growth recorded by the Company during the third quarter ended December 31, 2012. Improved branded sales, better sales realization of oilseed extraction, effective control on the costs and favourable business sentiments helped us to get profit on the track. We are making our efforts to have good performance on a sustained basis in the times to come.”

Ruchi Soya Industries Limited

Featuring among the top five FMCG players in India, Ruchi Soya is India’s number one cooking oil maker and marketer. An Integrated player from farm to fork, Ruchi Soya has secured access to oil palm plantations in India and other important parts of the world. Besides being a leading manufacturer of high quality edible oils, soya foods, vanaspati, and bakery fats, Ruchi Soya is also the highest exporter of soya meal, lecithin and other food ingredients from India. Ruchi Soya features amongst top three players based on market share in the overall Refined Oil in Consumer Packs (ROCP) in India with leadership position in important segments like palm oil. Ruchi Soya is committed to renewable energy and exploring suitable opportunities in the sector.

Source: http://planetcorporatenews.wordpress.com/

Scientists enable rats to ‘talk’ through brain link

Telepathy just around the corner? Researchers have allowed rats thousands of miles apart to communicate with each other by connecting their brains through cables. Scientists wired the brains of two rats together and show that signals from one rat’s brain can help the second rat solve a problem it would otherwise have no clue how to solve.

The wired brain implants allowed sensory and motor signals to be sent from one rat to another, creating the first ever brain-to-brain interface, ‘BBC News’ reported. Scientists then tested whether the rat receiving the signal could correctly interpret the information.The team even linked the brains of rats that were thousands of miles apart as the ultimate test of their system.

Professor Miguel Nicolelis and his team at Duke University Medical Center in North Carolina built on their previous work with brain-machine interfaces. In earlier study, the researchers implanted electrodes in the part of the rat’s brain that processes tactile information and attached these to infrared sensors — effectively allowing the rat to “touch” infrared light.

During the latest study, the scientists wanted to test whether the systems they had developed could be used to establish a new artificial communication channel between animals.

“Until recently we used to record this brain activity and send it to a computer… and the (computer) tells us what the animal is going to do,” Nicolelis said. “So we reasoned, if we can do that with a computer, could another brain do that?” Nicolelis said.Placed in separate cages, the rats were able to solve puzzles with the aid of micro-electrodes one hundredth the diameter of a human hair implanted into their brains.

One rat was able to interpret the other’s actions and intentions even when they couldn’t see or hear each other. The study was published in the journal Scientific Reports.

Source: http://www.indianexpress.com/news/scientists-enable-rats-to-talk-through-brain-link/1081838/0#sthash.ZAPYlreB.dpuf

Move over 3D, 4K TVs are the real deal

Consumer Electronics Show 2013 in Las Vegas, USA signalled the end of gimmicky innovations in televisions. Last year’s CES was full of 3D TVs, while many 4K (four times high-definition) TVs were among the best products at this year’s event. Toshiba was the first to bring 4K TVs to India, after it launched its product last year, followed by LG. Samsung announced its first TV that can handle 4K content on Friday. The new product is called 85S9 and it will be available from May 2013. The company is not calling it a 4K TV, preferring the “Ultra HD TV” moniter instead, but just like 4K TVs, this product has the potential to give you the most immersive experience seen in TVs till date.

4K content (see picture), is about as real as high-definition gets. If you are hungry, do not watch a cookery show on 4K TVs. The experience is mouth-watering to say the least. The 85S9 is an impressive example of the technology. It doesn’t matter how far you are from the TV, the image clarity never drops.

The catch is that there isn’t enough 4K content in the market as of now, but that is always the case with new technologies. Content creators will catch up eventually. Instead of taking 3D to mainstream television, companies would benefit much more by bringing 4K TVs to the market.

Source:  http://www.indianexpress.com/news/move-over-3d-4k-tvs-are-the-real-deal/1081839/

Touch-based remotes redefine how we interact with TVs

Samsung launched a new remote control for its smart TV range at the company’s Regional Forum 2013 in Hyderabad on Friday. The device is a universal remote, which means that it will work with TV sets from other manufacturers as well.

This is the first Samsung remote to feature a touchpad. Previously, this technology was unique to Bose, as an accessory with the company’s top-of-the-line VideoWave series of televisions. The Bose touchpad opens an array of options at the edges of the screen. Users need to swipe their thumbs across the edges of the clickpad remote to access options, much like navigation in the iPod Classic.

Samsung’s product relies more on swipes. Simple functions include swipe left to rewind 10 seconds, and swipe right to forward. There are four buttons on the edges of the touchpad, which mimic the arrow keys on traditional remotes. The bottom arrow key also doubles up as a key to let you access your history (recently played videos) or a search button.

The touchpad is fairly responsive. Users can “write” the channel number on the touchpad to switch channels. As you draw a digit, it appears on one corner of the screen.

There isn’t much innovation in the remote apart from the touchpad. While it performs well, it still feels raw – as expected from the first version of any device. Users can expect it to be refined in future versions, but the important thing is that companies are trying to improve how we interact with the television.

Last year, Samsung introduced voice recognition and gesture controls in its smart television series. Although both have been effectively used in other product categories, they do not work well for a television because watching TV is a passive experience. Few would enjoy constantly shouting at the TV set or waving at it to change channels. Remotes such as the Bose clickpad or Samsung Smart Touch Control hit the middle ground between innovation and user-friendliness. Don’t be surprised if other manufacturers come up with touch-based remotes in the near future.

Source:  http://www.indianexpress.com/news/touchbased-remotes-redefine-how-we-interact-with-tvs/1081840/0#sthash.bP7UMfcr.dpuf

The top 10 emerging technologies for 2013

New challenges need new technologies to tackle them. Here, the World Economic Forum’s Global Agenda Council on Emerging Technologies identifies the top 10 most promising technology trends that can help to deliver sustainable growth in decades to come as global population and material demands on the environment continue to grow rapidly. These are technologies that the Council considers have made development breakthroughs and are nearing large-scale deployment.

OnLine Electric Vehicles (OLEV)

Wireless technology can now deliver electric power to moving vehicles. In next-generation electric cars, pick-up coil sets under the vehicle floor receive power remotely via an electromagnetic field broadcast from cables installed under the road. The current also charges an onboard battery used to power the vehicle when it is out of range. As electricity is supplied externally, these vehicles need only a fifth of the battery capacity of a standard electric car, and can achieve transmission efficiencies of over 80%. Online electric vehicles are currently undergoing road tests in Seoul, South Korea.

3-D printing and remote manufacturing

Three-dimensional printing allows the creation of solid structures from a digital computer file, potentially revolutionizing the economics of manufacturing if objects can be printed remotely in the home or office. The process involves layers of material being deposited on top of each other in to create free-standing structures from the bottom up. Blueprints from computer-aided design are sliced into cross-section for print templates, allowing virtually created objects to be used as models for “hard copies” made from plastics, metal alloys or other materials.

Self-healing materials

One of the defining characteristics of living organisms is their inherent ability to repair physical damage. A growing trend in biomimicry is the creation of non-living structural materials that also have the capacity to heal themselves when cut, torn or cracked. Self-healing materials which can repair damage without external human intervention could give manufactured goods longer lifetimes and reduce the demand for raw materials, as well as improving the inherent safety of materials used in construction or to form the bodies of aircraft.

Energy-efficient water purification

Water scarcity is a worsening ecological problem in many parts of the world due to competing demands from agriculture, cities and other human uses. Where freshwater systems are over-used or exhausted, desalination from the sea offers near-unlimited water but a considerable use of energy – mostly from fossil fuels – to drive evaporation or reverse-osmosis systems. Emerging technologies offer the potential for significantly higher energy efficiency in desalination or purification of wastewater, potentially reducing energy consumption by 50% or more. Techniques such as forward-osmosis can additionally improve efficiency by utilizing low-grade heat from thermal power production or renewable heat produced by solar-thermal geothermal installations.

Carbon dioxide (CO2) conversion and use

Long-promised technologies for the capture and underground sequestration of carbon dioxide have yet to be proven commercially viable, even at the scale of a single large power station. New technologies that convert the unwanted CO2 into saleable goods can potentially address both the economic and energetic shortcomings of conventional CCS strategies. One of the most promising approaches uses biologically engineered photosynthetic bacteria to turn waste CO2 into liquid fuels or chemicals, in low-cost, modular solar converter systems. Individual systems are expected to reach hundreds of acres within two years. Being 10 to 100 times as productive per unit of land area, these systems address one of the main environmental constraints on biofuels from agricultural or algal feedstock, and could supply lower carbon fuels for automobiles, aviation or other big liquid-fuel users.

Enhanced nutrition to drive health at the molecular level

Even in developed countries millions of people suffer from malnutrition due to nutrient deficiencies in their diets. Now modern genomic techniques can determine at the gene sequence level the vast number of naturally consumed proteins which are important in the human diet. The proteins identified may have advantages over standard protein supplements in that they can supply a greater percentage of essential amino acids, and have improved solubility, taste, texture and nutritional characteristics. The large-scale production of pure human dietary proteins based on the application of biotechnology to molecular nutrition can deliver health benefits such as muscle development, managing diabetes or reducing obesity.

Remote sensing

The increasingly widespread use of sensors that allow often passive responses to external stimulae will continue to change the way we respond to the environment, particularly in the area of health. Examples include sensors that continually monitor bodily function – such as heart rate, blood oxygen and blood sugar levels – and, if necessary, trigger a medical response such as insulin provision. Advances rely on wireless communication between devices, low power-sensing technologies and, sometimes, active energy harvesting. Other examples include vehicle-to-vehicle sensing for improved safety on the road.

Precise drug delivery through nanoscale engineering

Pharmaceuticals that can be precisely delivered at the molecular level within or around a diseased cell offer unprecedented opportunities for more effective treatments while reducing unwanted side effects. Targeted nanoparticles that adhere to diseased tissue allow for the micro-scale delivery of potent therapeutic compounds while minimizing their impact on healthy tissue, and are now advancing in medical trials. After almost a decade of research, these new approaches are finally showing signs of clinical utility.

Organic electronics and photovoltaics

Organic electronics – a type of printed electronics – is the use of organic materials such as polymers to create electronic circuits and devices. In contrast to traditional (silicon-based) semiconductors that are fabricated with expensive photolithographic techniques, organic electronics can be printed using low-cost, scalable processes such as ink jet printing, making them extremely cheap compared with traditional electronics devices, both in terms of the cost per device and the capital equipment required to produce them. While organic electronics are currently unlikely to compete with silicon in terms of speed and density, they have the potential to provide a significant edge in cost and versatility. The cost implications of printed mass-produced solar photovoltaic collectors, for example, could accelerate the transition to renewable energy.

Fourth-generation reactors and nuclear-waste recycling

Current once-through nuclear power reactors use only 1% of the potential energy available in uranium, leaving the rest radioactively contaminated as nuclear “waste”. While the technical challenge of geological disposal is manageable, the political challenge of nuclear waste seriously limits the appeal of this zero-carbon and highly scalable energy technology. Spent-fuel recycling and breeding uranium-238 into new fissile material – known as Nuclear 2.0 – would extend already-mined uranium resources for centuries while dramatically reducing the volume and long-term toxicity of wastes, whose radioactivity will drop below the level of the original uranium ore on a timescale of centuries rather millennia. This makes geological disposal much less of a challenge (and arguably even unnecessary) and nuclear waste a minor environmental issue compared to hazardous wastes produced by other industries. Fourth-generation technologies, including liquid metal-cooled fast reactors, are now being deployed in several countries and are offered by established nuclear engineering companies.

At Global CSR Congress – Ankesh Shahra of Ruchi Soya receives CSR Award for Community Development

Mumbai, February 20, 2013: Ruchi Soya Industries Limited (Ruchi Soya) has been Felicitated with the CSR Award for Community Development during the World CSR Congress.

Mr. Ankesh Shahra who manages the international businesses of Ruchi Soya and participates in the CSR activities of the Company was honoured with the felicitation at a glittering event in Mumbai. Dr. Christoph Stueckelberger, Executive Director and Founder of Globethics and Dr. Bhaskar Chatterjee, Director General & CEO, Indian Institute of Corporate  affairs handed over the trophy and citation to Mr. Ankesh Shahra.

Commenting on the occasion, Mr. Ankesh Shahra stated, “I am very grateful to the World CSR Congress for honouring Ruchi Soya with the award for Community Development. Ruchi believes in sharing its growth with every stakeholder and giving back to the society in a sustainable and transparent manner. A big congratulations to the team.”

Featuring among the top five FMCG players in India, Ruchi Soya is India’s number one cooking oil maker and marketer through popular brands like Nutrela, Ruchi Gold, Mahakosh and Sunrich. Ruchi Soya is working closely with the communities around its plants in Patalganga and Nagpur in Maharashtra. Ruchi Soya believes in the concept of ‘Giving back to the Society’. The corporate social initiatives of Ruchi Group are executed through Shri Mahadeo Shahra Sukrat Trust with the focus on three core areas of Health, Education and Women Empowerment.

An Integrated player from farm to fork, Ruchi Soya has secured access to oil palm plantations in India and other important parts of the world. Besides being a leading manufacturer of high quality edible oils, soya foods, vanaspati, and bakery fats, Ruchi Soya is also the highest exporter of soya meal, lecithin and other food ingredients from India. Ruchi Soya is committed to renewable energy and exploring suitable opportunities in the sector.

Source: http://planetcorporatenews.blog.com/ankesh-shahra-of-ruchi-soya-receives-csr-award-for-community-development-at-global-csr-congress/

First space tourist planning historic trip to Mars in 2018

A multi-millionaire investment tycoon and space travel enthusiast is planning a privately funded 501-day round trip mission to Mars in 2018.

Inspiration Mars Foundation, a nonprofit organisation, led by millionaire Dennis Tito – the world’s first space tourist ¿ will hold a news conference next week to announce the mission, for a January 2018 launch.

“This ‘Mission for America’ will generate new knowledge, experience and momentum for the next great era of space exploration,” Inspiration Mars officials wrote in a media advisory.

Some people and media reports speculate that given the speakers’ backgrounds and the lofty goals articulated in the media advisory, Inspiration Mars is planning a manned mission to the Red Planet, ‘SPACE.com’ reported.

According to the NewSpace Journal, Tito’s paper discusses “a crewed free-return Mars mission that would fly by Mars, but not go into orbit around the planet or land on it. This 501-day mission would launch in January 2018, using a modified SpaceX Dragon spacecraft launched on a Falcon Heavy rocket.”

The Journal writes: “According to the paper, existing environmental control and life support system (ECLSS) technologies would allow such a spacecraft to support two people for the mission, although in Spartan condition.”

It added the mission would be privately financed and cheaper than previous estimates for manned Mars efforts, though no overall cost is given.

A 501-day mission would pose potentially serious physiological and psychological issues for astronauts, experts say.

Tito made history in 2001, plunking down a reported USD 20 million for an eight-day trip to the International Space Station (ISS) aboard a Russian Soyuz spacecraft.

Source: http://www.indianexpress.com/news/first-space-tourist-planning-historic-trip-to-mars-in-2018/1078136/

North Korea to allow mobile Internet for foreigners

North Korea will soon allow foreigners to tweet, Skype and surf the Internet from their cellphones, iPads and other mobile devices in its second relaxation of controls on communications in recent weeks. However, North Korean citizens will not have access to the mobile Internet service to be offered by provider Koryolink within the next week.

Koryolink, a joint venture between Korea Post & Telecommunications Corporation and Egypt’s Orascom Telecom Media and Technology Holding SAE, informed foreign residents in Pyongyang on Friday that it will launch a third generation, or 3G, mobile Internet service no later than March 1.

The announcement comes just weeks after North Korea began allowing foreigners to bring their own cellphones into the country to use with Koryolink SIM cards, reversing a longstanding rule requiring most visitors to relinquish their phones at customs and leaving many without easy means of communication with the outside world.

The two changes in policy mean foreigners in North Korea will have unprecedented connectivity while living, working or traveling in a country long regarded as one of the most isolated nations in the world.

However, wireless Internet will not yet be offered to North Koreans, who are governed by a separate set of telecommunication rules from foreigners. North Koreans will be allowed to access certain 3G services, including SMS and MMS messaging, video calls and subscriptions to the state-run Rodong Sinmun newspaper, but not the global Internet.

The lack of Internet access in North Korea has put the country at the bottom of Internet freedom surveys. Though North Korea is equipped for broadband Internet, only a small, approved segment of the population has access to the World Wide Web.

During a visit to Pyongyang early last month, Google’s executive chairman pressed the North Koreans to expand access to the Internet. Eric Schmidt noted that it would be “very easy” for North Korea to offer Internet on Koryolink’s fast-expanding 3G cellphone network.

“As the world becomes increasingly connected, the North Korean decision to be virtually isolated is very much going to affect their physical world and their economic growth,” he wrote in a Jan. 20 blog post after returning to the United States. “It will make it harder for them to catch up economically. It is their choice now, and in my view, it’s time for them to start, or they will remain behind.”

Soon after Schmidt’s visit, Google unveiled maps of North Korea with more details based on contributions from foreigners using satellite images and publicly available information to map the country. Before, North Korea was left mostly blank in Google Maps but with the update, Pyongyang and major North Korean cities are shown with street names, parks, roads, train stops and monuments.

Cellphone use has multiplied in North Korea since Orascom built a 3G network more than four years ago. More than a million people are now using mobile phones in North Korea, where the network now covers most major cities, according to Orascom.

Chinese-made Huawei cellphones sold by Koryolink are not cheap, with the most basic model costing about $150, and the governments restricts North Koreans from phoning abroad or foreigners from their cellphones. Still, mobile phones have become a must-have accessory among not only the elite in Pyongyang but also the middle class in cities such as Kaesong and Wonsan.

Foreigners, meanwhile, can now purchase SIM cards at the airport or at Koryolink shops for 50 euros ($70). Calls abroad range from 0.38 euros a minute to Switzerland and France and more than 5 euros a minute to the U.S. Calls to South Korea remain prohibited.

Starting next week, foreigners will be allowed to purchase monthly mobile Internet data plans for use with a USB modem or on mobile devices using their SIM cards. Prices for the service haven’t been announced yet.

The expansion of cellphone and Internet services _ at least for foreigners _ comes as North Korea promotes the development of science and technology as a means of improving its moribund economy.

Late leader Kim Jong Il was revealed to have been a Mac user. His Macbook Pro, or a replica, is enshrined at the Kumsusan mausoleum where his body lies in state.

Current leader Kim Jong Un, meanwhile, was shown in a recent photo with a more mobile computing accessory: a smartphone.

Source: http://www.indianexpress.com/news/north-korea-to-allow-mobile-internet-for-foreigners/1078119/0

Facebook blocks access to NBC.com after reports site is infected

Facebook Inc has blocked users from accessing the NBC.com website following reports that the site is infected with a computer virus.

Facebook users were told “This link has been reported as abusive” on Thursday when they attempted to access the NBC.com website.

Several security bloggers warned on Thursday that the site was infected with malicious software, advising computer users to avoid the site.

Officials with NBC could not immediately be reached for comment.

Source: http://www.indianexpress.com/news/facebook-blocks-access-to-nbc.com-after-reports-site-is-infected/1078112/

Milky Way grew by ‘cannibalising’ other smaller galaxies

Astronomers using NASA’s Hubble Space Telescope have uncovered tantalising evidence for the possible existence of a shell of stars that are a relic of the Milky Way’s past cannibalism of other galaxies.

Peering deep into the vast stellar halo that envelops our Milky Way galaxy, a team of astronomers led by Alis Deason, from UC Santa Cruz, used Hubble observations to precisely measure, for the first time ever, the sideways motions of a small sample of stars located far from the galaxy’s center.

Their unusual lateral motion is circumstantial evidence that the stars may be the remnants of a shredded galaxy that was gravitationally ripped apart by the Milky Way billions of years ago. These stars support the idea that the Milky Way grew through the accretion of smaller galaxies.

“Hubble’s unique capabilities are allowing astronomers to uncover clues to the galaxy’s remote past,” said coauthor Roeland van der Marel of the Space Telescope Science Institute (STScI) in Baltimore.

“The more distant regions of the galaxy have evolved more slowly than the inner sections. Objects in the outer regions still bear the signatures of events that happened long ago,” Marel said in a statement.

They also offer a new opportunity for measuring the “hidden” mass of our galaxy, which is in the form of dark matter — an invisible form of matter that does not emit or reflect radiation.

“Our ability now to measure the motions of these stars opens up a whole new territory we haven’t explored yet,” Deason said.

Deason and her team plucked the outer halo stars out of seven years’ worth of archival Hubble telescope observations of our neighbouring Andromeda galaxy.

In those observations, Hubble peered through the Milky Way’s halo to study the Andromeda stars, which are more than 20 times farther away.

The Milky Way’s halo stars were in the foreground and considered as clutter for the study of Andromeda. But to Deason’s study they were pure gold.

The observations offered a unique opportunity to look at the motion of Milky Way halo stars.

“We knew these stars were there, because for the Andromeda study we had to separate the stars in Andromeda from the stars in the Milky Way,” said co-author Puragra Guhathakurta, professor of astronomy and astrophysics at UC Santa Cruz.

Researchers said finding the stars was meticulous work. Each Hubble image contained more than 100,000 stars.

“We had to somehow find those few stars that actually belonged to the Milky Way halo. It was like finding needles in a haystack,” Marel said.

Source: http://www.indianexpress.com/news/milky-way-grew-by-cannibalising-other-smaller-galaxies/1078215/0