Popular Articles

Markets buck global trend
The Indian bourses opened on a positive note at 17,200, tracking strong global cues. The index soared to a high of 17,352 but changed course after a robust industrial production data was declared which raised fears that the central bank may need to control monetary policy. The IIP number increased to 10.3% Vs 9.6% (MoM).

Novo Nordisk to launch range of insulin products in India
Denmark-based Novo Nordisk, a world leader in diabetes care, is bullish on setting up robust clinical research functions and also leveraging the India opportunity in related fields such as data management and studying the patent situation of the medicines under development as well as shared services. The global major that is looking at India as a hub for manufacturing insulin for the entire sub-continent, recently inaugurated a dedicated facility with a capacity of 26 million vials per annum in partnership with Torrent Pharmaceuticals Ltd at Kadi near Ahmedabad. Melvin Oscar D"Souza, managing director, Novo Nordisk India Private Ltd, tells Sohini Das about the company"s plans to introduce new products for the India market. Excerpts:

News of the day

Britannia net up 11% for Q2
Food company Britannia Industries has reported an increase of 11 per cent in its net profit at Rs 59.07 crore for the second quarter ended September 30, 2009, compared with the corresponding quarter last year, on the back of recent launches and its focus on the Rs 5 price point.
International Business

NASA signs agreement with ISRO for use of Indian satellite

US space agency NASA has signed an agreement with ISRO to use data from Indian satellite Oceansat-2, for various American agencies for research activities, including weather forecasting. - NASA launches space shuttle Atlantis - Reebok: Working out - Chandrayaan-II mission to be completed by 2012-13: Annadurai - Radhakrishnan takes over as Isro chief">Radhakrishnan takes over as Isro chief - Naveen launches HAM Radio - PPT gets customs nod to transport furnace oil Launched on September 23, 2009 using the Polar Satellite Launch Vehicle from Sriharikota, Oceansat-2; is designed to provide service continuity for operational users of the Ocean Colour Monitor (OCM) instrument on Oceansat-1. The agreement with the Indian Space Research Organisation will lead to the use of data from Oceansat-2 for various US agencies for research, education and other activities of public good including weather forecasting. The Letter of Intent in this regard was signed by Michael H Freilich, Director Earth Science Division, National Aeronautics and Space Administration; Mary E Kicza Assistant Administrator for Satellite and Information Science of the Oceanic and Atmospheric Administration; and R R Navalgund, Director, Space Application Centre, ISRO. The signing ceremony was done in Washington on the sidelines of Sixth Plenary Session of the Group on Earth Observations (GEO). The Deputy Chief of Mission, Indian Embassy, Arun K Singh; and Deviprasad Karnik, Counsellor (Space) were also present on the occasion. The Letter of Intent signed between ISRO, NASA and NOAA under the overall Joint Civil Space Cooperation agreement promotes opportunity for receiving Oceansat-2 data by the US agencies for research, education and activities of public good. The joint activities would include calibration, validation, algorithm development, scientific investigations and operational applications. While ocean colour data is envisaged to be useful for fisheries, monitoring of harmful algae and in studying global carbon cycles, wind vectors from scatterometer would be useful in facilitating better weather forecasting. Oceansat-2 carries three instruments like the eight band Ocean Color Monitor (OCM) to study Ocean biology, Ku band pencil beam Scatterometer to measure sea surface wind vectors and Radio Occultation Sounder for Atmosphere (ROSA). While the first two instruments are ISRO built, ROSA has been contributed by the Italian Space Agency. All the three payloads have been switched on and are working satisfactorily, providing valuable data, said a statement from the Indian Embassy.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):