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New Delhi: Nuziveedu Seeds Limited, the largest Indian Seeds company has been conferred with BioAgri Company of the year Award 2013 at the 11th Annual Biospectrum-ABLE Awards. Mr. Venkat Rao, Sr. Vice President, Nuziveedu Seeds received the award on behalf of the Company at a glittering ceremony held in Bengaluru. This is the fifth time Nuziveedu Seeds has won this prestigious award and consecutively won it for the fourth time. The Biospectrum-ABLE Awards, being among the most credible recognition platforms for Indian biotech and agriculture industry were conferred on the basis of Industry Survey conducted by BioSpectrum along with Association of Biotechnology Led Enterprises - ABLE in June-July 2013. Speaking about the prestigious award, Mr. Mandava Prabhakar Rao , Chairman and Managing Director, Nuziveedu Seeds said “we are humbled to have received BioAgri-ABLE Company of the Year Award for 2013. This award, for the fourth consecutive year, acknowledges our team’s commitment toward

When most eighth-graders were preparing for or celebrating graduation in May, Ram Koganti was in Washington, D.C., competing in the Scripps National Spelling Bee. It literally was seventh months ago, but not to Koganti. "It seems like forever. I've been so busy lately. I have high school to worry about," the Ottawa resident said while on a study break from finals. In May, Koganti was in his final year attending Wallace Grade School northwest of Ottawa. His advancement to the national bee began in February, when he took first place at the La Salle County Spelling Bee. One month later, he captured the Peoria Journal Star Grand Final Spelling Bee. The latter win earned him a spot in the national bee. To be a top competitive speller, one has to study every day. But since the national bee is open only to middle school students, the 14-year-old Koganti no longer has to study spelling. "It frees time up to do other things," he said. A freshma

  Gullapalli Nageswara Rao has been honoured with the `Outstanding humanitarian service award’ by the American Academy of Ophthalmology.  The founder and Chairman of the Hyderabad-based, LV Prasad Eye Institute, Rao has been recognised for the eye care delivery model which he created with the Institute and his contributions to prevention of blindness globally.  The award was presented to Rao at the Academy’s annual meeting in New Orleans, US on November 19, a press release from the Institute said.  LVPEI’s model of Eye care, represented by a pyramid, emphasizes the creation of sustainable permanent facilities within communities, staffed and managed by locally trained human resource, and linked effectively with successively higher levels of care.  Rao was also the recipient of "International Prevention of Blindness Award" of the Academy earlier. He established the Institute in 1986-87 as a not-for-profit, non-government one.

WASHINGTON: The chase for Microsoft's CEO has seen many business chiefs enter and exit the potential list, except the software maker's cloud computing executive Satya Nadella , who has reportedly held his candidature in the lead position. As Steve Ballmer takes bow out of the company, potential candidatures for his chair included Ford's Alan Mulally, Qualcomm COO Steve Mollenkopf and Nokia's former executive president Stephen Elop. According to TechCrunch, Indian-origin Satya Nadella has managed to remain a leading candidate, as others fell in the stakes. Nadella currently handles the cloud computing, and his prowess in less-proven with consumers, but his co-competitors such as Mulally who is not a technologist, gives the 44-year old a benefit of doubt for not having a thing about phones.

Eruvaka is Omnivore’s seventh investment in the country and the third this year. Vijayawada-based Eruvaka Technologies Pvt Ltd , which makes on-farm diagnostic equipment for aquaculture farmers besides providing a analytics platform to help farmers,  has secured an undisclosed amount in a Series A round of funding from Omnivore Partners , an early-stage VC investor focusing on agriculture & food technology companies in India. The capital raised from this round will be used to hire more people in its sales team and increase its reach. A portion of the fund will also go towards its R&D efforts to create new products, including optimisation of seed consumption. “Omnivore Partners led a Series A financing in Eruvaka in September this year for a significant minority stake,” Omnivore’s venture partner Mark Kahn told. He did not disclose the investment amount but the fund typically invests between $0.5 million and $2.5 million initially and $4-5million over the

WASHINGTON: Citing the example of an Indian entrepreneur Geetha Vallabhaneni , whose Green Card saga underscores the tormented lives of immigrant aspirants and the pot of gold at the end of the economic rainbow, President Obama on Monday sought to shift attention from the health care fiasco to his other great battle, immigration reform. It didn't work great at an event in San Francisco, California, where the President's advisers thought he'd find support and solace over an issue many immigrants are exercised about, in what was meant to be a tactical retreat from the drubbing he is receiving in Washington DC over health care debacle. Earlier, Obama was introduced at the event by Indian immigrant Geetha Vallabhaneni , founder and chief executive of San Jose-based Luminix , who spoke about the 12 years it took to get her green card, and how she started a tech company after becoming a permanent resident. Obama picked on the theme to highlight how the US

Electrical and Computing Engineering faculty of Georgia Tech University, Atlanta, Sudhakar Yalamanchili , have been elected as IEEE Fellows, effective January 1, 2014.  Dr. Yalamanchili attended Bangalore University, India, where he received his undergraduate degree in Electronics in 1978. Following this, Dr. Yalamanchili came to the University of Texas where he earned both his master's and doctoral degrees in Electrical and Computer Engineering in 1980 and 1984, respectively. Upon graduation, Dr. Yalamanchili joined Honeywell's Systems and Research Center in Minneapolis where he worked as a Senior, and then Principal Research Scientist from 1984 to 1989. In both capacities, he served as the Principal Investigator for projects in the design and analysis of multiprocessor architectures for embedded applications. While at Honeywell, Dr. Yalamanchili also served as an Adjunct Faculty and taught in the Department of Electrical Engineering at the University of Mi

Padma Shri Dr.Namburi. G. Bakthavathsalam   is the Chairman and Managing Trustee of  Dharmaveera K Govindaswamy Naidu  Medical Trust, which runs the K.G. Hospital in  Coimbatore ,  India . He was awarded a  Padma Shri  in 2005. Born on April 5, 1942 at Annur village of Coimbatore district and graduated (MBBS - 1964) from Madras Medical College, and also having obtained an MS from the same college, he had his post graduate training in Surgery in Mount Sinai Hospital, Chicag o (USA). KG Hospital On the clarion call given by his father, Dharmaveera K. Govindaswamy Naidu, to serve the poor countrymen in the field of healthcare, he returned to India in the year 1974 to set up KG Hospital. Initially, ten beds were put up. It has now grown into a 550-bedded multi and super speciality and post graduate medical center - a "Centre of Excellence" recognized in India and abroad and this hospital has the pride of treating over 4 million patients. Humanitarian Efforts He

France-based Lactalis Group, the world's largest dairy products maker, is in talks to buy majority stake in Hyderabad-based Tirumala Milk Products Pvt Ltd, as per a report in  The Economic Times . The report said Lactalis could pay up to $300 million for around 70 per cent stake, which could value the firm around $430 million. Bolla Bramha Naidu , one of the four founders of Tirumala, told ET, "PE firm  Carlyle, which owns a 20 per cent stake, would sell its holding while the  four promoters would divest another 50 per cent, resulting in Lactalis  owning 70 per cent. The negotiations are still on and clarity over exact  stake sale could take a few more days." In 2011, Carlyle acquired 20 per cent stake in the company for Rs 110 crore. It would score a multi-bagger with the proposed deal. The remaining 80 per cent stake is held by the promoters Bolla Brahma Naidu, Danda  Brahmanandam, B Nageswara Rao and N Venkat Rao. Lactalis, which also controls It

Ann Arbor-based AMF-Nano Corp. is the tech equivalent of "It takes a village to raise a child." For founder and President Rakesh Katragadda , his company is the metaphorical child, born in 2009. The village is what has grown into a statewide entrepreneurial support system that has helped him reach about $100,000 in revenue this year and a projection of $500,000 to $1 million next year and up to $12 million in three or four years.  Katragadda's company, which has three patents, makes wireless environmental sensors about the size of a penny that monitor water and air quality, temperature, humidity, soil quality and other conditions. It employs five and has had entrepreneurial support from institutions and people ranging from Troy to Traverse City to Iowa.  Katragadda, 32, who got his master's degree in engineering from Wayne State University in 2007, worked on a retinal eye implant project for the Kresge Eye Institute, then as a consultant for Kalamazoo-based

Rajagopal Kantamneni began helping poor kids suffering from major illnesses after his daughter died from a rare cancer Rajagopal Kantamneni, 50, who works in a top tech company in Bangalore, got a call out of the blue from an oncologist in Hyderabad. "A 14- year-old boy, Syed Rahil, has been diagnosed with acute lymphoblastic leukemia - a cancer of white blood cells. His parents are too poor to afford the treatment. I will do the operation free of cost, but the other costs have to be borne by someone." Kantamneni immediately agreed to raise the money, which turned out to be a whopping Rs 3 lakh. And the boy survived.Kantamneni is different from the other philanthropists in that he actively looks for poor children suffering from rare diseases in Karnataka and Andhra Pradesh. He works with doctors through the Kinnara Memorial set up with a corpus fund from friends in the US. Conducting camps in remote hamlets, they have so far helped 3,000 children, 80 of them with major

Smt. Nara Bhuvaneswari, Vice Chairperson & Managing Director of the Heritage Foods, named as most powerful business women in India, and placed at 45th Rank in the list of Fortune-50 most powerful business women for the year 2013. Fortune is a global business magazine published by Time Inc.United States (US).

US Supreme Court justice declined a request from Teva for a stay of an appeals court ruling that would strip the company's USD 4 billion-a-year multiple sclerosis drug Copaxone of patent protection in 2014, rather than in 2015. Shares of Natco Pharma (  Rajeev Nannapaneni, CEO )  gained of 8 percent, touching a record high of Rs 826 intraday on Thursday . Investors are bullish on the stock as US Supreme Court rejected Teva stay request in Copaxone case. A US Supreme Court justice declined a request from Teva for a stay of an appeals court ruling that would strip the company's USD 4 billion-a-year multiple sclerosis drug Copaxone of patent protection in 2014, rather than in 2015.  In July, the US Court of Appeals for the Federal Circuit issued a decision in a patent fight that pits Teva against two teams developing cheaper generic forms of Copaxone: one with Novartis AG and Momenta Pharmaceuticals and another between Mylan and Natco Pharma. In NSE This stock closes at Rs

If you've ever considered buying a second-hand smart phone or plasma TV, you've probably experienced the following pain points -- there's no way to tell whether the gadget is in good shape; there's no telling whether you've been gypped on its price; and you need to visit the seller to take delivery of your product. These were the questions that confronted 36-year-old Ram Nutakki when he wanted to buy a used smart phone in mid-2012. "I realised that to buy a phone at half the original price, I had to meet three or four people and invest a lot of time and effort to find what I wanted. Also, there was no way to tell whether the product would work properly after the purchase," reveals Nutakki.   Defining 'Re-commerce' After a little research, Nutakki realised there was a sizeable opportunity in the 're-commerce' space for lifestyle gadgets. With a consulting background in SaaS and e-commerce, Nutakki gave it some serious thought. &quo