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  01 MAIN
   
   
  02 NEWSMAKER
   
   
  03 INVESTMENT UPDATES
   
   
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  06 FEATURE
   
   
  07 TRAVEL
   
   
  08 CALENDAR
   

   
  HIGHLIGHTS
   
  Two Indian-Americans to serve on US nuclear trade committee
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02. NEWSMAKER
Two Indian-Americans to serve on US nuclear trade committee
WASHINGTON: Two Indian-Americans - Ganpat Mani and Vijay Sazawal - were appointed on by US secretary of commerceGary Locke to serve on the Civil Nuclear Trade Advisory Committee for two years.

Mani and Sazawal along with 28 others will make recommendations to the Secretary of Commerce concerning trade policy development, improving the competitiveness of US industry and its ability to compete for international contracts for civil nuclear products and services.

The 30-member committee will also identify priority markets for US civil nuclear products and services in the short- and long-terms."Civil nuclear energy has a crucial role to play in powering the global economy while addressing concerns over energy security and climate change," said Locke."US civil nuclear technology and services are world-class, and our industry is well-placed to work with countries around the globe interested in developing peaceful nuclear power programs," he said.Mani, originally from Tamil Nadu, is president of the Denver, Colarado-based ConverDyn, which us a joint venture between affiliates of Honeywell International, and General Atomics. It manages the international marketing of UF6 conversion and related services from Honeywell's Metropolis, Illinois facility.

Mani's 37 year career that began with Allied Chemical, a predecessor of Honeywell, has spanned a range of senior business and technical management positions handling a variety of chemical and mineral products used in electric power generation and a multitude of other industries.

Prior to his current position, he was with the Australia-based uranium mining company Paladin Energy Ltd and provided marketing support for strategic growth initiatives in India, Japan and the USA.Earlier, he was the principal of Ganman Consulting LLC whose clients included an array of international nuclear and non-nuclear companies with operations in Africa, the Americas, Australia, Europe and South Asia.Active in the industry trade organisations, Mani was elected to Nuclear Energy Institute (NEI) Board of Directors in 2009.

He received his bachelor's degree in metallurgical engineering in 1971 from Loughborough University in England and his MBA in 1973 from Rutgers University, New Jersey.Srinagar-born Sazawal, 64, who is currently the Director of Government Programs of USEC Inc, was involved in Track-2 discussions preceding the completion of the 123 Agreement between India and the United States.
Indian-American Nikki Haley scripts US history
WASHINGTON: Daughter of Sikh immigrant parents from Punjab, Indian-American Namrata "Nikki" Randhawa Haley proudly recollected her Indian heritage while being sworn in as the first woman and non-white Governor of South Carolina."I stand before you today, the proud daughter of Indian immigrants," Haley said in her inaugural speech on the State House's south steps.

Top several Republican leaders including Mississippi Governor Haley Barbour, a number of Congressmen and a large number of Indian Americans from various parts of the country, and the Indian Ambassador to the US, Meera Shankar, braved some frigid weather to be present during the historic occasion."Growing up in rural, small town South Carolina, my family experienced this state and this country at its best. No, not every day was perfect. No, we were not always free from the burdens faced by those who look and sound different," said Haley who after Bobby Jindal from Louisiana, is only the second Indian-American Governor. She is also the first ever Indian-American woman governor in the United States.

Describing swearing in of Haley as governor of South Carolina as a "proud" moment for Indian-Americans, eminent members of the community expressed hope she would serve as an inspiration for younger generation to join the political mainstream of the US."Governor Nikki Haley of South Carolina made all Indian-Americans proud. She is an inspiration and a role model to all women in the US and India. Governor Haley is the new face and a positive message of the conservative Republican Party," said Puneet Ahluwalia, from Republican Party of Virginia.Indian-Americans from as far as California, New Jersey, Maryland, New York, Ohio, Texas attended the day-long function, that ended with a gala in the night. agencies
IIMK gets UK accreditation
The Indian Institute of Management Kozhikode (IIMK) has received international accreditation from the Association of MBAs (AMBA) for its Post-Graduate Programme (PGP) and Executive Post-graduate Programme (ePGP).

AMBA location in Hosier Lane, London accreditation is an internationally recognised standard for post-graduate business education and its network currently has 9,000 members from 88 countries. AMBA has so far accredited 168 business schools located in 72 countries.The AMBA accreditation differs from AACSB in the US and EQUIS in Europe as it looks at the specific post-graduate business programmes rather than the entire school.

According to a statement from IIMK, the accreditation panel from AMBA made a thorough review of the campus, curriculum, operations and the stake-holders and expressed satisfaction over the quality of faculty and the students, industry interface and the world class physical infrastructure.Prof Debashis Chatterjee, Director, IIMK, said that this was yet another milestone for the institute.
Bigger opportunity in India's smaller cities
Smaller cities are scoring over metros in terms of growing urbanisation, and cities such as Jalandhar, Aurangabad, Bhubhaneshwar, Agra and Raipur are believed to be the next ‘cities of opportunities’.According to the latest Morgan Stanley research report, ‘AlphaWise City Vibrancy Index: A Guide to India’s Urbanization’, households in these cities earn more than India’s average urban household.

Centre for Monitoring Indian Economy (CMIE) pegs the quarterly average household income at about Rs 45,000 per urban household, whereas in cities such as Jalandhar, Bhubaneswar, Guwahati and Aurangabad have a quarterly average household income of above Rs 65,000.The report measures the key drivers of urbanisation such as physical infrastructure, financial penetration, consumer services and job listings in the top 200 cities (by population) in India. The vibrancy index is aimed at helping investors evaluate companies’ strategic positioning in urban centers and monitor sector trends.

Urbanisation is important to the process of city formation and building India’s competitive strength in the global markets, feels Ridham Desai, head of India research and India strategist at Morgan Stanley. “The relative performance of components of the vibrancy index could give us insight into potential for urbanisation. For example, a city’s rate of urbanisation may be low but it may be (that) financial penetration may be high. This gives us potential for consumer services or job creation in that city,” says Desai.Bangalore, Hyderabad and Pune are the most vibrant cities among the top 50 cities in India on the AlphaWise City Vibrancy Index. Tier-II cities like Mysore and Meerut rank in the top 10. Ironically, the country’s financial capital, Mumbai, ranks 21st among India’s top 50 cities.