Friday, 1 March 2013

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

Friday, 22 February 2013

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