NetRack Delivers Tech Seminar on Next Gen Data Center Solutions

NetRack, a leading solution provider for data centers and end-to-end IT server racks, presented its technical seminar on next generation data center solutions and discussed the industry evolution and the future requirements of data centers. The concept and solutions from NetRack was appreciated by the CXO's from ICT & DC and technical heads present at the event.

During the technical Seminar session, Mr Krishnaraj U, Solution Architect at NetRack, enlightened the crowd on the importance and future advantages of having silent, intelligent, modular, seismic and shockproof data centers. He also highlighted innovative techniques to address the challenges faced by organizations in upgrading/revamping their DC infrastructure.

Mr Krishnaraj U, Solution Architect at NetRack said, "Data center industry is evolving rapidly and clients have started demanding innovative DC solutions. Companies are looking for data center cabinets which help them to attain maximum efficiency at reduced cost. Understanding the industry requirements we at NetRack have developed solutions which are future-proof and compatible for modern DCs."

"We are glad to exhibit iRack - a complete intelligent rack equipped with intelligent PDU for power, surveillance & environmental management, KVM & console for server management, intelligent rack access for physical security. We have manufactured these racks not only to increase efficiency, but also ensure better airflow in the DC."

Keeping the healthy environment as a higher priority, NetRacks' R&D team has manufactured below products with below silent features for next generation data centers:
* Silent DCs - Isolating IT equipment noise
* Intelligent DCs - Adding intelligent devices and cooling technologies for better manage and monitor the DC
* Modular DCs - Completely scalable and easily expandable, yielding up to 95% efficiency
* Seismic & Shock Proof DCs - High quality and rigid racks with robust design for earthquake prone regions

Bharti Airtel Appoints Rajesh Tapadia as CEO of Data Centre and Cloud Business, Nxtra Data

Tapadia, who had worked with companies such as Trimax, Global Cloud Xchange, Genpact and Reliance Infocomm, was Chief Service Officer and Executive Director with Netmagic Solutions in his most recent role, the company said in a statement.

“Digital India is transforming the economy and opening up exciting new opportunities to serve customers. The data centre and cloud segment is an important pillar in our strategy to address enterprise customers’ evolving needs,” Gopal Vittal, MD & CEO (India and South Asia) at Bharti Airtel said.

“We have already undertaken some very ambitious projects in this area and our ambition is to leverage our strengths to gain disproportionate share in this space,” he added.

Airtel is the largest player in India’s B2B connectivity space with over 3,000 global and large enterprises and over 500,000 SMEs as customers.

Nxtra Data, a subsidiary of Airtel, is into data centre and cloud services segment.

The data centre and cloud services market in India, which is witnessing tremendous growth driven by the digitization, is slated to grow to more than $4 billion plus market by 2022.

Family Dispute of Late Ramnath Goenka Resurfaces Again

In an awkward situation, adopted son of Late Ramnath Goenka and Chairman & Managing Director of The Indian Express, Viveck Goenka sends a false legal notice to reputed Journalist,Editor & CMD (samachar parivartan hindi weekly newspaper)   Prashant Goenka (Family grandson of Late  Ramnath Goenka) and other family members demanding compensation worth thousands of crores for promoting the name of late Ramnath Goenka. With this the family dispute of late Ramnath Goenka resurfaces again. After this, Prashant Goenka and his family forced to take legal protection.

It is known that, family grandson of Late Ramnath Goenka, Mr. Prashant Goenka demanded India’s most prestigious award “Bharat Ratna” for Ramnath Goenka. For this, He had organised so many Press Conferences and meetings all over the country, including New Delhi and Bangalore. He believes that Ramnath Goenka was a true freedom fighter and contributed a lot for the society. “Ramnath Goenka had a very significant role during the Emergency in 1975, said Prashant Goenka.” Prashant Goenka also said that Late Ramnath Goenka has been fought for media and the people of Indian society all over his age.

For demanding ‘Bharat Ratna’ and spreading Ramnath Goenka’s work in the society Mr. Viveck Goenka has send a false legal notice to me, added Prashant Goenka. He says that, it’s all for a propaganda he, Mr. Viveck Goyenka making up to be in the limelight in media. “I also believe that Viveck Goenka is losing his identity because he is the adopted son of Late Ramnath Goenka, said Prashant Goenka. To remember Ramnath Goenka’s contributions towards the society and Indian media, family grandson Prashant Goenka is also demanding that in journalism books Ramnath Goenka’s Biography chapter should be added. Prashant Goenka also says that these demands for Late Ramnath Goenka, is supposed to do by his adopted son Viveck Goenka but he failed to keep his family contributions.

India’s First Standalone Facility Gears Up to Leverage Growing Global Drug Demand

India’s clinical contract research industry, with current market size of USD 500mn is poised to double over five years and achieve Billion dollar market club. As a leading Indian Contract Research Organisation (CRO) Accutest Biologics Private Limited (ABPL) is all set to leverage the growing global demand for Biologics and Biosimilar drugs. The leading CRO for Biochemical characterization and Bioanalytical services, in support of preclinical and clinical development of Biologics and Biosimilars, ABPL has recently received a global honour with the OECD-Good Laboratory Practice (GLP) certification for the next three years.

National Good Laboratory Practice Compliance Monitoring Authority (NGCMA) had conducted a detailed pre-inspection of the test facility located at Navi Mumbai and this year in May, India’s only standalone test laboratory of ABPL received the GLP certification.

The recent Organisation for Economic Co-operation and Development (OECD)-Good Laboratory Practice (GLP) certification for Bioanalytical services, Biochemical characterization and the In vitro bioassays conducted in its Navi Mumbai facility would act as a powerful catalyst for global pharma companies from the US, Europe, and other emerging markets to get ABPL services.

Dr. Satish Sawant Founder and CEO, ABPL said, “The Navi Mumbai facility is capable of conducting toxicity studies, mutagenicity studies, analytical and clinical testing. This significant milestone enables us to advance as the global service provider living up to the biopharmaceutical industry expectations and maintaining high-quality deliverables.”

Rising demand for low cost medicines, growth of R&D sourcing, a large number of biologics going off-patent, growing biologics & biosimilar market and removal of regulatory bottlenecks for clinical trials are main growth drivers for the sector. As per industry estimates, biologics worth $100 billion in sales will go off-patent by 2020 and entail huge pipeline for bio-similar drugs. Asia pacific is expected to capture one-third of bio-similar sales in next 5-6 years.
 
“The certification places ABPL in the select league of CROs that have been awarded such a global honour. It is a matter of pride and privilege for ABPL not only to serve the biopharma industry with established credibility and also to get recognized in all the OECD member countries for mutual acceptance of the data,” said Dr. Mallikarjun Dixit, Test Facility Management at ABPL.

Industry expects the India CRO market to reach around $1 billion by 2023 from $500 Million in 2017, with a CAGR of 12.00%. India is emerging as a top destination for CRO because of the Acceptance of International guidelines and intellectual property rights, Presence of diverse types of climatic conditions thus allowing stability studies to be performed with ease in one destination, Highly experienced, educated and accessible human resource, Presence of diverse ethnic pool thus enabling diverse sample for clinical trials and Low operational cost due to cheap human resource.

The CRO services market is valued at $36 Billion in 2017 and projected to reach to $56 Billion by 2023, at a CAGR of 7.6%.

Bank of Baroda Initiates Bottoms-up Consultative Process to Reinforce Alignment Across India

Bank of Baroda, India’s second largest public sector lender, had initiated a unique consultation where all branches in Bengaluru Zone (North Region, South Region, Rural Region and Mysore Region) reviewed their performances, deliberated on issues before the banking sector and ideated on future strategy.

The consultations were held over a period of two days from August 17-18 2019 covering all the Branches in Bengaluru Zone.

The initiative was driven to seek ways and means available to increase credit to various sectors of the economy, enhance use of technology to bring about innovation and enable big data analytics and make banking citizen-centric as well as more responsive to the needs and aspirations of senior citizens, farmers, small industrialists, entrepreneurs, youth, students and women.

Thematic papers by domain experts on various challenges facing the banking sector were discussed during the meet with a view to suggest reforms in public sector banks (PSBs). The meet also reviewed the Bank’s performance and its alignment with national priorities in the areas such as credit support for economic growth, infrastructure / industry, farm sector and blue economy, Jal Shakti, MSME sector and Mudra loans, education loans, export credit, green economy, Swachh Bharat, financial inclusion and women empowerment, direct benefit transfers, less cash / digital economy, ease of living, alignment with local priorities and corporate social responsibility.

As a result of the initiative, a number of implementable and innovative suggestions have been arrived on how PSBs in general and our bank in particular, may improve their performance. The consultations for generation of ideas was conducted in a bottoms-up process, which will be further discussed at the SLBC / state level and final consultations will be held at the national level, to compare both, intra and inter-bank performances, for way ahead implementation across PSBs.

The consultative process has resulted in a renewed sense of involvement and purpose down to the branch level and the Bank is geared towards implementing the roadmap for the future, improve its performance and align itself to national priorities so that it may fulfil its mandate of partnering the Indian growth story.

Illgotten Money from Manipal Group Invested in Start-Up Norte Technologies

A prime accused in the Manipal swindling case -- Sandeep Gururaj and a co-founder of Norte Technologies -- Praveen Surendiran is now embroiled in yet another case. Praveen Surendiran is currently in the custody of the Cubbon Park Police and is being interrogated along with Sandeep. He has been accused of usurping the firm by forging the signature of the original founder Saurav Kumar Singh. Norte Technologies was founded in Bangalore in 2015 and Saurav Kumar Singh is based out of Delhi. Saurav Kumar Singh moved the Bangalore court praying for getting his complaint registered by the Police or investigation. It is learnt that Praveen Surendiran is very influential in the corridors of power.

An interior designer firm OPC Assets Solutions where Praveen worked, was a vendor to Manipal when Sandeep came in touch with Praveen.

Praveen joined hands with Saurav to launch a people logistics firm for the automobile industry that leveraged technology. As they did not have technical expertise, Sree Kumar Sundaramoorthy who is a tech coder was roped in. Saurav Singh and Sree Kumar started a people logistics firm Norte technologies as an equal partnership firm. Madhu Jindal, wife of Praveen, was later appointed as Director in 2015.

Praveen and his acquaintance Nitin Mehra joined the company in January, 2016 while Sandeep was appointed as an Additional Director in February 2016. Incidentally, Cardekho (Girnar Software Pvt. Ltd., Jaipur) had valued the firm at USD 3 million. Sandeep was initially allotted 2% shares against his initial investment of Rs 50 lakh. Sandeep committed INR 2 crore for a 10% stake, out of which he invested INR 1.37 crore in cheque and the rest in cash. But he was given only 1,000 of the 50,000 shares that were issued.

Sandeep, Praveen along with Sree Kumar conspired to ease Saurav Kumar out and did so by forging his signature on a fake resignation letter. On realizing something was amiss, Saurav applied to the Registrar of Companies (ROC) for details and then came to know that his signature had been forged and the company had changed hands. It was learnt that Saurabh’s shares were illegally distributed between Praveen, Madhu and Sandeep.

Sandeep continued to invest in multiple tranches. Later, on realising he cannot be a director when on Manipal's rolls, Sandeep resigned. Sandeep then asked for his money with interest, which was not returned.

The company ran for one and a half years when according to media reports, in Q1 of 2018, Praveen and other directors closed a deal with Europ Assistance, a French firm, for INR 50 crores, and sold the IP separately to ONB Technology. ONB Technologies Singapore is funded and controlled by Europ Assistance. Interestingly, all four former directors -- Praveen, Madhu, Sree Kumar and Nitin Kumar -- are currently the directors in ONB Technologies India & Singapore.

AWSO Perform at the Centenary Celebration of the Marshal of the IAF Arjan Singh, DFC at Orion Mall, Bengaluru

To commemorate the centenary celebration of the Marshal of the Indian Air Force (MIAF), Air Chief Marshal Arjan Singh, DFC and Independence Day Celebration, scintillating performances by the Air Warrior Symphony Orchestra (AWSO) of the IAF were conducted on August 15, 2019 at the Orion Mall, Brigade Gateway, Malleswaram. A flower exhibition was also organised inside the Orion mall on this occasion. The event was graced by Air Marshal TD Joseph, Senior Air Staff Officer, Headquarters Training Command Indian Air Force, Bengaluru.

The list of music tunes performed by Air Warrior Symphony Orchestra (AWSO) include Rejoice in Raisina, Star War, Inspirato, Micheal Jackson Mix, Har Kisi Ko, Mamma Mia, Sariyaage, Channa Mereya, Moh Moh Ke Dhaage, Leja Re, Mombe Helutaithe, Belegeddu, Hotel California, Summer of 69, In the Mood, Abba’s Medley, Imagination, Hindi Medley and Vande Mataram.

Arjan Singh was born on April 15, 1919 in Lyallpur (now Faisalabad in Pakistan). He was 19 years of age when he was selected for training at RAF College Cranwell in 1938 and was commissioned into RAF as a Pilot Officer in December 1939. He was awarded Distinguished Flying Cross (DFC) for outstanding leadership, great skill and courage in Burma Campaign during World War II. He also led India as Chief of the Air Staff in the 1965 war against Pakistan, wherein IAF gained air superiority over PAF and helped Indian Army score strategic victories. He passed away on 16 September 2017 at the age of 98. His dynamic personality, professional competence, honesty of purpose in his service to the country and the IAF truly sets him apart as a leader and an icon of the Indian Air Force.