DRDO ties up with Ramdev to market supplements, food products

August 24, 2015

Leh(JK), Aug 24: India's premier defence research organisation DRDO has now roped in yoga guru Ramdev's Patanjali Ayurveda Limited to manufacture and market in the country and abroad some herbal supplements and food products developed by it.RAMDEV

DRDO today entered into licensing agreements with Ramdev's company for transfer of Seabuckthorn technology based products developed by Defence Institute of High Altitude Research (DIHAR).

The technology has been transferred under the DRDO FICCI ATAC (Accelerated Technology Assessment&Commercialisation) programme that has been established to identify spin-off technologies for commercial markets within India and abroad, with a special focus on social benefit technologies, an official statement said.

DIHAR, a frontier laboratory of DRDO which is located in Leh with detachments in the strategic Siachen sector has pioneered cold arid-agro animal technologies for augmenting local availability of fresh food in the region.

The laboratory, through its translational laboratory to land approach, develops technologies for fresh food cultivation, poultry, goat and dairy farming and green house cultivation which are disseminated to the local farmers.

Speaking on the occasion, Defence Minister Manohar Parrikar said seabuckthorn is a unique product. "Apart from what has been commercialised, there are many more applications which Patanjali Ayurveda could explore to exploit the full potential of Seabuckthorn," he said.

Parrikar wanted Patanjali Ayurveda to bring many more health products to exploit the full potential of the technologies beyond what DIHAR has found out.

He added that DRDO in collaboration with FICCI under DRDO FICCI ATAC programme is striving to commercialise more and more spin off technologies for the benefit of society at large.

DRDO Chief S Cristopher mentioned that DIHAR has been relentlessly working for development of products which in addition to their usefulness for Armed Forces has tremendous commercial potential in India and abroad.

"The benefits of the research done by DIHAR will help the local population to derive the economic benefits," he said.

While giving an overview, Bhuvnesh Kumar, Director, DIHAR said that the farmers adopt the technologies developed by his scientists and sell their produce to the army.

"This unique approach not only results in local availability of fresh food but also results in socio-economic development of Ladakh and stronger civil-military cooperation in this strategically important region," the statement quoted him as saying.

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News Network
July 31,2020

Bengaluru, Jul 31: The Karnataka government on Wednesday put on hold a controversial proposal to drop certain chapters, including on Islam, Christianity, Tipu Sultan and his father Hyder Ali, from social science textbooks to reduce the 2020-21 syllabi for students in classes 1-10.

Citing the COVID-19 pandemic and the disruption caused to the academic calendar of the year, the government had earlier dropped the chapter on Tipu Sultan and Hyder Ali from the Class 7 social science textbook, saying chapters on Tipu Sultan have been retained in the Class 6 and 10 textbooks.

The move did not go down well with the opposition, which saw certain ulterior motives behind the decision.

Apparently under sharp criticism, the Department of Public Instruction issued a new notification on Wednesday "on the directions of the Karnataka Primary and Secondary Education Minister S Suresh Kumar".

There is a delay in opening the schools during the academic year 2020-21 due to COVID-19 pandemic, said the latest order.

In this context, the order said, chapters were dropped to fit in 120 days of the academic year for classes 1 to 10 and the same was published in the department's website.

"However, on the directions of the Minister for Primary and Secondary Education, the decision to drop certain chapters has been put on hold. A review will be done following which the deleted chapters will be uploaded in the website," the order read.

Earlier in the day, Mr Kumar had issued a statement, saying that the decision to truncate the syllabus has not been finalised yet. He also made it clear that his department would not remove chapters unnecessarily.

Former chief minister and Congress leader Siddaramaiah had attacked the government on the issue.

"The government, which has failed to control the spread of coronavirus, is using it as an opportunity to push its clandestine agenda of saffronising the textbooks," Siddaramaiah tweeted.

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coastaldigest.com news network
May 27,2020

Abu Dhabi-based NMC Healthcare has reportedly received bids to sell its distribution unit and will soon be selling it to different parties.

The development comes over three months after NMC Healthcare’s founder and then-chairman B R Shetty stepped down amid allegations of massive fraud. 

The company, which recently laid off hundreds of workers, is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations. In addition, this stake sale will help the company pay off some of its debt

"There are parties who have strong interest in the distribution business. NMC will be offloading the unit soon and that also to different parties," a source said.

"The company is in the process of exploring options for NMC Trading, the group's distribution business, which it has determined to be non-core and requiring substantial levels of working capital. The process should not materially adversely impact distributors' activities, nor NMC Trading's customers," an NMC Healthcare spokeswoman said.

The UK-court has appointed Alvarez & Marsal as administrator to oversee the operations of the debt-ridden hospital operator. The healthcare firm has been caught in a whirlpool of $6.6 billion debt while its senior former high management team is under investigation for financial irregularities.

The UAE Central Bank has direct local banks to freeze all bank accounts of NMC founder BR Shetty and his family members as well as accounts of those companies where he has a stake. The Central Bank move is subsequent to a criminal complaint filed by Abu Dhabi Commercial Bank, which has the largest exposure to NMC Healthcare, amounting Dh3 billion.

As the company faces financial difficulties, Reuters reported that NMC Health delayed May staff salaries and now expects to complete making payments by the first week of June.

The spokeswoman said: "The company has been in regular dialogue with its creditor constituencies through various creditor committees, including the direct bank lenders to its NMC Trading businesses."

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News Network
April 18,2020
Bengaluru, Apr 18: State Home Minister Basavaraj Bommai has stated that there is no need for Dubai Kannadigas to be worried during the COVID-19 crisis.
 
In a statement issued here on Saturday, he said that the State government is with the Dubai Kannadigas and their families residing here in the State, promising that they will not face any problems.
 
Bommai also sought the cooperation of all Dubai-based Kannadiga industrialists and employees in the fight against the virus.

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Syef
 - 
Sunday, 19 Apr 2020

We are already facing lot of problems here without food and money.

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