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Limit foreign borrowings to hi-tech, export potential projects... Engineering seats go abegging Waning interest in public discussions… Contrarian cousins Roaring Ro-Ro facility to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Tihar, Puzhal not different from Parappana Agrahara CSR and CMI: promise of another Srinivasan Ramanujan... PC’s preference for professionals West Bengal: mindless malignancy Computation of GDP – conundrums continue Pharma – overdose of copying How Air-India loses customs... Silver Years of Madras Musings Marketing expert Balagopal is no more Inflation: are we emulating Argentina and Brazil? MHC should not return to its old indisciplined ways The few handicaps... Robber barons everywhere Colour-Chem’s colourful KRVS The power-full Hindujas GNS - 100: our first subscriber WTO Meet: resolved to meet again Polls and promises When small is no larger beautiful.. CIPET hqrs to stay at Guindy – for the present? Online not in line with brick and mortar businesses... More tributes to GR The sea- saw battle continues... Preserving for the future Paytm karo... Delhi is distant… Insurance companies bleeding, yet no decision on increasing FDI limit! Where is Rajaji? F C Kohli - his concerns all embracing Editor's Says Padma Bhushan for A Ramakrishna Naidu will soon build a new Hyderabad Fortune 500 review New IT products of Ramco in the pipeline… Build close rapport with business leaders Air Asia India will set new benchmarks for budget travel Tribute – Manikam Ramaswami The Jan Dhan bonanza A yen for wastage… Building loyalty through the stomach Should we change the official year? When online building permits work…. More heat than light Come elections, come advertisements... A Grand Finale for SN’s MS centenary at the US… Maximising the micro pricing … Five star activism stalls development activity Diamond jubilee of Egmore Samskrt School Kudos to NDTV... An informal presentation - analytical, forward locking... Naidu’s return augurs well for Seemandhra Cement prices continue to rise… When nations steal growth from one another… Moily’s bold thrust Focus on quality of power - its only around 170-180V Sweet news for TN sugar mills Fuel for thought No Maha Koottani in TN... Cutting the nose to spite the face Make standards certification mandatory... EVM is tamper-proof Nuclear power at the nucleus Editor's Notes The nuclear option Parliament in paralysis... Gas is the way forward A more liberated TN… The star of Spencers is no more Wise Presidents The why of tax incentives Shanti and Sadhana through Music A C Muthiah – his munificent bequeaths to science L&T- the specialty of special purpose vehicles Put expensive assets created to use... When Ratan Tata visited SRM CII projects higher growth… Demise of a media baron... The balancing act An inexplicable neglect The ‘Ayyo-yes’ is no more Another Indian music maestro at the UN Land reclamation from sea appears cheaper! Sri Lanka votes for change Mersal magnified Vibrant Gujarat The Ports’ Pasha expands into Tamil Nadu …and of a popular trade leader Shaming of Tamils by Tamil farmers at Delhi Boy, can you beat these? Alexa – Talking Wikipedia S V Raju – a ‘good’ true liberal When TN politicians can emulate Kerala's L&T: focus on infrastructure and more infrastructure… Why this malaise in medical education? Tough task taking states together Strengthen the base... 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Delhi returns to BJP Welcome focus on core competence Intellectual of rare qualities Tatas moving out of urea production... Shipping woes of Chennai companies Don’t seem to feel the pulse… Wanted: a second airport for Chennai Tax agriculture A glass full of corruption A proud Madrasi Tribute – M V Murugappan Airlines in India: cost and space S Ramanathan – a versatile musician, musicologist TELANGANA at last…BUT Haul over the coal Solar thermal shines… Increasing non co-operation of state leaders Welcome thrust on trade in Modi’s foreign visits... Which side are you, Montek? Odisha: spectacular win by Naveen Patnaik B H Kothari - a tribute Tribute The ‘Jayanthi Tax.’ Not just in-laws (and outlaws); they’ve renowned academics at the helm! This scant respect for Law R Sridhar steps down as CEO of Shriram Capital Things happen by accident and not by design... More Shakti to resource mobilisation... No engine for this car The Swadeshi Trump Music happens Infrastructure funding – lessons learnt Revving up the manufacturing sector Poor representation for Kerala and TN in Cabinet Funding the un-funded No mega rail project for Tamil Nadu Whistle-Stop Tour of Raghuram Rajan Valli, they are more marginalised Kulandai was a giant A rich pool of talent not utilised…. Secularism and anti-Hinduism Mu Sigma – is no more Modi and the lady Noble nonagenarians... Adapt Vajpayee dinner diplomacy IPL - no surprise this scam Revive development banks... Towards speedy justice There was flood of milk. Reason: no milk commissioner! Tatas moving out of urea production... A Grand Finale for SN’s MS centenary at the US… IAS invades NDDB... 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Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Modi storms Silicon Valley Cleaning Ganga – relocate tanneries and install electric crematoria The rise and fall of Annamalai University Telangana in top gear… Gay abandon in pricing Fortune for Indian Airlines When the President was rendered homeless… Godspeed, Chief Minister JJ Bihar elections - the Rajaji formula worked Tribute – UCAL Selvan… Remembering Indira Sivasailam... Muffled voices for merit… A professional at the helm of IRDA... Bihar – Nitish Kumar adopts the Lalu model Russi Mody – a tribute Reliance’s TV – 18 ready to launch Tamil News Channel The rise and rise of KCP Measuring roof tops in terms of KW/MW Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated A friendly business group Medical costs hit the roof... Permanent secretariat for TN GIM Fall in crude prices help in oil sector reform Dr C Rangarajan returns to Chennai EEC at the National Media Centre TN-leverage strength of BHEL, NLC... Welcome changes that testify to Jayalalithaa’s return to health Kinetic Karnataka Adharma of opposition politics Delhi Chalo... A think tank for Chennai Multi-faceted Venkat Excel Generators provide the vital back-up Lalu’s envy, India’s pride TIAM turns a full cycle Breaththrough in malaria control Poor quality of university VCs Return to king coal for urea...
 
A C Muthiah – his munificent bequeaths to science

Recently the Belgian government honoured A C Muthiah with the award of Order of Leopold II for his long service as the Honorary Consul General of Belgium at Chennai. Muthiah functioned in this capacity for 25 years till Belgium established its consulate in Chennai a couple of years ago. Belgium (population 11.2 million and per capita income $ 40,456) is one of the six founder nations of the European Economic Community (EEC)in 1957. This prosperous country, at the heart of Europe, has the headquarters of the EEC and its Parliament. Belgium has been known for its precision machine tools, aerospace and steel industries.

For some two decades from 1970, SPIC in the joint sector was registering a frenetic pace of growth. In the  1970s and 1980s, under Muthiah’s leadership, SPIC set up a large number of industrial units – Tuticorin Alkali Chemicals, Tamil Nadu Petroproducts, Manali Petrochemicals, SPIC Heavy Chemicals, SPIC Pharma, SPIC Electronics, Mac Industries... Their fortunes declined in the post-1991 liberalisation era.

Muthiah was different from the usual crop of business leaders of the state. With a liberal endowment for science, he set up the SPIC Science Foundation (SSF) and assembled a strong team of scientists and managers under Dr S Parthasarathy. Stalwarts like M D Nair and C S Seshadri functioned as part of SSF. I remember

Muthiah making a munificent grant of Rs 2 crore for the Centre for Biotechnology of the Anna University to stimulate research in the emerging area of biotechnology.

The Chennai Mathematical Institute (CMI) founded and nurtured by Muthiah, has evolved into a premier institution with liberal support from Shriram Group’s

R Thyagarajan, who has bequeathed Rs 15 crore of his own funds and those of his close associates. Cognizant’s Vice Chairman Lakshmi Narayanan, who had joined CMI as a trustee, is further endeavouring to expand the corpus. Infosys has provided Rs 30 crore for the CMI.

The renowned mathematician C S Seshadri, who moved to Chennai from the Tata Institute of Fundamental Research (TIFR), obtained for CMI generous funding from the Department of Atomic Energy (DAE), Department of Science & Technology (DST) and the Ministry of Human Resources Development.  Remember Rajeeva L Karandikar who was presented by CNN-IBN as an expert in analysing pre-election polls of the 2014 general elections conducted by the Centre for the Study of Developing Societies (CSDS)? He heads CMI as Director and referred to the thrust areas of CMI as data analytics, computer science and theoretical physics, apart from striving to excel in under-grad and PG education in mathematics.

The luxurious facilities created at the Siruseri complex are in need of additional space. CMI is looking for land for expansion and also to expand the corpus to Rs 100 crore dreamed by RT to take it among global level research and teaching institutions in the fundamental science of mathematics. More of this later.

 

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