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Computation of GDP – conundrums continue Air Asia India will set new benchmarks for budget travel 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 West Bengal: mindless malignancy The Swadeshi Trump Tihar, Puzhal not different from Parappana Agrahara Shanti and Sadhana through Music Paytm karo... An enemy’s enemy is a friend More Shakthi to Das’ elbow Solar thermal shines… Strengthen the base... EEC at the National Media Centre PC’s preference for professionals The brown list of Venkitaramanan Roaring Ro-Ro facility Nuclear power at the nucleus A Grand Finale for SN’s MS centenary at the US… Recognition to role of NBFCs.... 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Chennai devastated Whistle-Stop Tour of Raghuram Rajan Valli, they are more marginalised L&T- the specialty of special purpose vehicles Return to king coal for urea... More Shakti to resource mobilisation... How Air-India loses customs... …and of a popular trade leader SoA @ 80 Revive development banks... Building loyalty through the stomach Excel Generators provide the vital back-up Put expensive assets created to use... IPL - no surprise this scam For whom the bell tolls? 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He continues the focus on social amelioration Modi and the lady Cleaning Ganga – relocate tanneries and install electric crematoria The power-full Hindujas A yen for wastage… Increasing non co-operation of state leaders MHC should not return to its old indisciplined ways Build close rapport with business leaders Maximising the micro pricing … Limit foreign borrowings to hi-tech, export potential projects... Diamond jubilee of Egmore Samskrt School WTO Meet: resolved to meet again Liberal imports idling indigenous capacities Modi storms Silicon Valley Medical costs hit the roof... S V Raju – a ‘good’ true liberal Another Indian music maestro at the UN Parliament in paralysis... Poor quality of university VCs Fortune 500 review No mega rail project for Tamil Nadu Tatas moving out of urea production... Focus on quality of power - its only around 170-180V TN accounts for the largest recruits by the IT sector Solar, solar everywhere … Funding the un-funded No Maha Koottani in TN... GNS - 100: our first subscriber Permanent secretariat for TN GIM Naidu will soon build a new Hyderabad Contrarian cousins Sri Lanka votes for change Boy, can you beat these? Welcome changes that testify to Jayalalithaa’s return to health Tough task taking states together CSR and CMI: promise of another Srinivasan Ramanujan... Insurance companies bleeding, yet no decision on increasing FDI limit! The rise and rise of KCP Fall in crude prices help in oil sector reform Come elections, come advertisements... F C Kohli - his concerns all embracing Mu Sigma – is no more Naidu’s return augurs well for Seemandhra Muffled voices for merit… Kudos to NDTV... Delhi Chalo... Welcome thrust on trade in Modi’s foreign visits... Gas is the way forward Discoms deserve better… Fortune for Indian Airlines Scientists urged to take up farmer-oriented research The ‘Jayanthi Tax.’ Tribute – M V Murugappan ONGC at KG Basin Eternal support for capitalisation of PS banks Editor's Says Delhi is distant Tax agriculture PPP mode for upgrading Corporation Hospitals The balancing act Why this malaise in medical education? A friendly business group B H Kothari - a tribute Auto components surge… Lesson from Chandrababu Naidu Should we change the official year? New IT products of Ramco in the pipeline… The sea- saw battle continues... Telangana in top gear… A proud Madrasi TN – agglomerate land holdings without alienating ownership Sweet news for TN sugar mills Vibrant Gujarat Cement prices continue to rise… TN-leverage strength of BHEL, NLC... Towards speedy justice GM Technology at last! Reliance’s TV – 18 ready to launch Tamil News Channel Moily’s bold thrust China invests in India Adharma of opposition politics All eyes on Sankara Nethralaya Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Streamlining mandatory third party cover Not just in-laws (and outlaws); they’ve renowned academics at the helm! Colour-Chem’s colourful KRVS R Sridhar steps down as CEO of Shriram Capital Gay abandon in pricing Engineering seats go abegging Silver Years of Madras Musings TGS- The king storyteller The star of Spencers is no more Mersal magnified Shipping woes of Chennai companies Make standards certification mandatory... Marketing expert Balagopal is no more London, London Narayan Lalu’s envy, India’s pride Tribute Demise of a media baron... Things happen by accident and not by design... He saved millions from starvation... Padma Bhushan for A Ramakrishna For whom the MIDS bell tolls?
 
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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