Ad Here  
He continues the focus on social amelioration Things happen by accident and not by design... Parliament in paralysis... Return to king coal for urea... London, London Narayan 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 Gay abandon in pricing Preserving for the future Align crops to agro climate endowments… Nuclear power at the nucleus Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Modi and the lady Haul over the coal Marketing expert Balagopal is no more Build close rapport with business leaders Intellectual of rare qualities Delhi Chalo... Of course, Gujarat is vibrant Music happens Discoms deserve better… The sea- saw battle continues... Waning interest in public discussions… Poor representation for Kerala and TN in Cabinet Limit foreign borrowings to hi-tech, export potential projects... Reliance’s TV – 18 ready to launch Tamil News Channel Welcome thrust on trade in Modi’s foreign visits... No Maha Koottani in TN... S Ramanathan – a versatile musician, musicologist TGS- The king storyteller F C Kohli - his concerns all embracing Five star activism stalls development activity The power-full Hindujas When small is no larger beautiful.. Silver Years of Madras Musings Land reclamation from sea appears cheaper! Streamlining mandatory third party cover No engine for this car Come elections, come advertisements... IAS invades NDDB... Colour-Chem’s colourful KRVS Tribute – UCAL Selvan… Excel Generators provide the vital back-up Shale gas and its shallow future An inexplicable neglect Convulsions in The Hindu The why of tax incentives Banning booze... Air Asia India will set new benchmarks for budget travel Roaring Ro-Ro facility More Shakti to resource mobilisation... WTO Meet: resolved to meet again Moily’s bold thrust Kinetic Karnataka A yen for wastage… Padma Bhushan for A Ramakrishna A glass full of corruption MHC should not return to its old indisciplined ways Fuel for thought A rich pool of talent not utilised…. PPP mode for upgrading Corporation Hospitals A Grand Finale for SN’s MS centenary at the US… CSR and CMI: promise of another Srinivasan Ramanujan... Secularism and anti-Hinduism Mersal magnified He saved millions from starvation... Editor's Notes Delhi returns to BJP Make standards certification mandatory... Tribute – M V Murugappan Rs.1600 crore paper board plant of TNPL Infrastructure funding – lessons learnt CRS, a jewel among managers, is no more. Permanent secretariat for TN GIM Recognition to role of NBFCs.... S V Raju – a ‘good’ true liberal When the President was rendered homeless… The rise and rise of KCP GNS - 100: our first subscriber Put expensive assets created to use... A more liberated TN… Lesson from Chandrababu Naidu Tatas moving out of urea production... Naidu’s return augurs well for Seemandhra Modi storms Silicon Valley Paytm karo... Focus on quality of power - its only around 170-180V Fall in crude prices help in oil sector reform Muffled voices for merit… A Grand Finale for SN’s MS centenary at the US… Bihar elections - the Rajaji formula worked Kudos to NDTV... The few handicaps... Tatas moving out of urea production... TELANGANA at last…BUT Mu Sigma – is no more Tough task taking states together Scientists urged to take up farmer-oriented research Cutting the nose to spite the face Where is Rajaji? PC’s preference for professionals Measuring roof tops in terms of KW/MW Strengthen the base... China invests in India A professional at the helm of IRDA... Shaming of Tamils by Tamil farmers at Delhi More tributes to GR Online not in line with brick and mortar businesses... Why land prices zoom in TN? The balancing act Contrarian cousins New IT products of Ramco in the pipeline… TIAM turns a full cycle Bihar – Nitish Kumar adopts the Lalu model Wanted: a second airport for Chennai TN accounts for the largest recruits by the IT sector Editor's Says Shanti and Sadhana through Music West Bengal: mindless malignancy IPL - no surprise this scam R Sridhar steps down as CEO of Shriram Capital Delhi is distant… Adharma of opposition politics Adapt Vajpayee dinner diplomacy When Ratan Tata visited SRM Medical costs hit the roof... More heat than light Naidu will soon build a new Hyderabad Engineering seats go abegging Auto components surge… Fortune 500 review GM Technology at last! Russi Mody – a tribute A C Muthiah – his munificent bequeaths to science Towards speedy justice Solar, solar everywhere … Cleaning Ganga – relocate tanneries and install electric crematoria CII projects higher growth… For whom the MIDS bell tolls? Welcome changes that testify to Jayalalithaa’s return to health Odisha: spectacular win by Naveen Patnaik A friendly business group TN-leverage strength of BHEL, NLC... Road development slows down Insurance companies bleeding, yet no decision on increasing FDI limit! Cement prices continue to rise… Funding the un-funded …and of a popular trade leader TN – agglomerate land holdings without alienating ownership The Jan Dhan bonanza Pharma – overdose of copying Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Valli, they are more marginalised Small units prefers to remain small... Kulandai was a giant Don’t seem to feel the pulse… A welcome initiative by the judiciary Fortune for Indian Airlines Solar thermal shines… The Ports’ Pasha expands into Tamil Nadu Tribute – Manikam Ramaswami Dr C Rangarajan returns to Chennai Breaththrough in malaria control Alexa – Talking Wikipedia Delhi is distant Protest masters... L&T: focus on infrastructure and more infrastructure… IPL type auction for VCs? Sweeter prospects for sugar Increasing non co-operation of state leaders For whom the bell tolls? EEC at the National Media Centre The Gulf aviation boom Revive development banks... No mega rail project for Tamil Nadu L&T- the specialty of special purpose vehicles More Shakthi to Das’ elbow Like Hinduism: many paths to reach God... Eternal support for capitalisation of PS banks There was flood of milk. Reason: no milk commissioner! The nuclear option Diamond jubilee of Egmore Samskrt School Should we change the official year? This scant respect for Law Remembering Indira Sivasailam... Noble nonagenarians... Where a state respects its litterateurs… Godspeed, Chief Minister JJ An informal presentation - analytical, forward locking... Another Indian music maestro at the UN EVM is tamper-proof The ‘Jayanthi Tax.’ When online building permits work…. Which side are you, Montek? The rise and fall of Annamalai University Maximising the micro pricing … Tax agriculture Wise Presidents Making ‘my Amaravati’... Telangana in top gear… Poor quality of university VCs Plummeting profits of PSBs Quality silica from Neyveli Tribute Welcome focus on core competence Computation of GDP – conundrums continue The ‘Ayyo-yes’ is no more Quality education through the PPP mode Whistle-Stop Tour of Raghuram Rajan Multi-faceted Venkat Building loyalty through the stomach Sweet news for TN sugar mills Gas is the way forward Vibrant Gujarat Rahman at CIC A proud Madrasi Readers' Mail How Air-India loses customs... Revving up the manufacturing sector Airlines in India: cost and space ONGC at KG Basin Lalu’s envy, India’s pride Liberal imports idling indigenous capacities SoA @ 80 CIPET hqrs to stay at Guindy – for the present? Demise of a media baron... Polls and promises The star of Spencers is no more All eyes on Sankara Nethralaya When nations steal growth from one another… An enemy’s enemy is a friend Robber barons everywhere The Swadeshi Trump When TN politicians can emulate Kerala's Inflation: are we emulating Argentina and Brazil? Tihar, Puzhal not different from Parappana Agrahara B H Kothari - a tribute Shipping woes of Chennai companies Sri Lanka votes for change Welcome GST Boy, can you beat these? Why this malaise in medical education? The brown list of Venkitaramanan Not just in-laws (and outlaws); they’ve renowned academics at the helm! A think tank for Chennai
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.


Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236