Publicis.Sapient appoints Tilak Doddapaneni as Global Head of Engineering

July 12, 2018, 5:58 am

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Publicis.Sapient appoints Tilak Doddapaneni as Global Head of Engineering and Rakesh Ravuri as CTO

Doddapaneni joins the agency as global head of engineering and Ravuri joins as chief technology officer for programming languages and cloud and global head of engineering - retail.

In a recent announcement, the world’s most advanced digital transformation platform, Publicis.Sapient (NASDAQ:SAPE, $3.50 Billion market cap) has appointed Tilak Doddapaneni as global head of engineering and Rakesh Ravuri as Chief Technology Officer for programming languages and cloud and global head of engineering - retail.

Doddapaneni joins the agency from Tesco, where he was online engineering director. Doddapaneni will join the Publicis.Sapient global leadership team and report directly to Nigel Vaz, Publicis Groupe lead for digital business transformation and CEO of Publicis.Sapient EMEA and APAC. Ravuri, who has held a succession of senior engineering roles at Amazon in the past, will play a key leadership role in Publicis.Sapient's extensive operations in India. Ravuri will report to Doddapaneni. Both Doddapaneni and Ravuri are Sapient alumni.

The key executive appointments come as Publicis.Sapient expandsits product engineering capability, vital to digital business transformation and the ability to help clients transform their business and create exponential growth, increase efficiency and create better experiences - through the rapid development of products and services that consumers expect in a technology-enabled world.

In his new role, Doddapaneni will lead the entire technology delivery community across Publicis.Sapient globally. In addition to client success and engineering and delivery excellence, he will focus on the talent development, performance metrics, and breakthrough engineering practices required by digital business transformation clients in their modern test and learn environments. In his time at Tesco, Doddapaneni built a modern online engineering team spanning India and the UK, leading it to successfully launch Tesco Direct and Tesco's Marketplace, and rolling out a re-architected Grocery Home Shopping platform in the UK and international markets.

Ravuri, brings a wealth of knowledge in cloud platforms, service design and agile engineering gained as Director of Software Development at Amazon. Ravuri built the engineering team responsible for the software systems for Amazon's new logistics business to launch ship.amazon, delivering millions of packages for its sellers.

Nigel Vaz, CEO of Publicis.Sapient EMEA and APAC, says in a press release, "I'm delighted that Tilak and Rakesh will be joining Publicis.Sapient on our journey to build our engineering capability as part of our product engineering approach to deliver digital business transformation for our clients. Tilak has exceptional pedigree as a senior leader driving transformational change for one of the world's biggest retailers through an appreciation of the power that technology and engineering have, as well as an understanding of how to apply that in the evolution of product and experience. His wealth of experience makes him the right person to lead the implementation of our agile engineering model globally."

He adds, "Rakesh comes to us having recently successfully led the engineering team that developed Amazon delivery, one of the most significant revenue generating businesses for a global technology and retail leader. His experience and talent will be a huge boon to Publicis.Sapient clients and to the growth of our retail industry expertise and large-scale India operations.".

Commenting on his appointment, Doddapaneni, says in a press release, "As someone who is passionate about engineering and running large software systems, I am excited to return to Sapient, which continues to lead the way as a digital transformation company that uniquely combines strategy, experience and engineering disciplines to help clients reimagine and transform their businesses for a digital age. Building a company that has, develops and attracts world-class engineering talent is what has brought me back to Sapient."

Commenting on his appointment, Ravuri, says in a press release, "The industry is at an inflection point and technology has moved from support role to the driver's seat. Sapient is right at the centre of this, with its focus on digital business transformation. I am excited to have a chance to play a leading role in the engineering transformation both for Sapient and its clients."

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List of Kamma Lok Sabha Members (1952 - 2014) from AP

July 13, 2018, 10:19 pm

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Kotha Raghuramaiah 4 times MP and Ex.Central Minister

1st Loksabha  (1952)         

1)            Anantapur  Paidi Lakshmayya,      Congress

2)            Gudiwada   Kadiyala Gopala Rao,   Communist Party

3)            Narasaraopet    Chapalamadugu Ramaiah Chowdary   Ind.

4)            Parvathipuram  Nutakki Ramaseshaiah  Ind.

5)            Tenali    Kotha Raghuramayya     Congress

2nd Loksabha   (1957)

1)            Gudiwada Duggirla Balarama Krishnaiah   Congress

2)            GunturKotha Raghuramaiah    Congress

3)            Tenali    Gogineni RangaNayakulu    Congress

3rd Loksabha (1962)

1)            Chittoor   Gogineni Ranga Nayakulu   Congress

2)            Eluru   Smt. Viramachaneni Vimla Devi Communist Party

3)            Gudiwada   Maganti Ankineedu  Congress

4)            GunturKotha Raghuramaiah   Congress

5)            Khammam          Smt.Tella LakshmiKantamma  Congress

6)            OngoleMadala Narayana Swamy  Communist Party

7)            Tenali    Kolla Venkaiah  Communist Party

4th Loksabha  (1967)

1)            Chittoor    N.Papudesi Chengalraya Naidu   Congress

2)            Eluru      Kommareddi Suryanarayana   Congress

3)            Gudiwada   Maganti Ankineedu   Congress

4)            GunturKotha Raghuramaiah    Congress

5)            Khammam  Smt.Tella LakshmiKantamma   Congress

6)            Machilipatnam  Yarlagadda Ankeenidu Prasad   Congress

7)            OngoleKongara Jaggaiah    Congress

8)            Srikakulam    Prof. Gogineni RangaNayakulu Swatantra Party

5th Loksabha  (1972)

1)            Eluru      Kommareddi Suryanarayana   Congress

2)            Gudiwada   Maganti Ankineedu                Congress

3)            GunturKotha Raghuramaiah    Congress

4)            Khammam  Smt.Tella LakshmiKantamma   Congress

5)            OngolePamulapati Ankineedu Prasada Rao  Congress

6)            Rajahmundry   SriBalusu P.Pattabhi Rama Rao    Congress

6th Loksabha  (1977)

1)            Anantapur  Darur Pullaiah   Congress

2)            Bapatla Pamulapati Ankineedu Prasada Rao  Congress

3)            Chittoor  Paturu Rajagopal Naidu  Congress

4)            Eluru   Kommareddi Suryanarayana   Congress

5)            GunturKotha Raghuramaiah    Congress

6)            Machilipatnam  Maganti Ankineedu    Congress

7)            Rajahmundry  SriBalusu P.Pattabhi Rama Rao   Congress

7th Loksabha  (1980)

1)            Anantapur  Darur Pullaiah   Congress

2)            Bapatla Pamulapati Ankineedu Prasada Rao  Congress

3)            Chittoor  Paturu Rajagopal Naidu  Congress

4)            Eluru      Chitturi Subba Rao Chowdhary  Congress(I)

5)            GunturProf. Gogineni RangaNayakulu  Congress(I)

6)            Machilipatnam  Maganti Ankineedu    Congress

7)            Rajahmundry   SriBalusu P.Pattabhi Rama Rao    Congress(I)

8)            Vijayawada    Chennupati VidyaCongress(I)

8th Loksabha  (1984)

1)            Anantapur   Devineni Narayanaswami   TDP

2)            Chittoor   N.Papudesi Jhansi Lakshmi   TDP

3)            Eluru    Dr. Bolla BulliRamaiah   TDP

4)            GunturProf. Gogineni RangaNayakulu  Congress(I)

5)            Machilipatnam  Kavuri SambaSiva Rao    Congress(I)

6)            Narasaraopet   Katuri Narayana SwamyTDP

7)            Rajahmundry   Chundru ShriHari Rao   TDP

8)            Vijayawada   Vadde SobhanadreeswaraRao   TDP

9)            Warangal   Dr. T. Kalpana Devi  TDP

9th Loksabha  (1989)

1)            Eluru      Ghattamaneni Krishna   Congress(I)

2)            Guntur Prof. Gogineni RangaNayakulu  Congress(I)

3)            Machilipatnam  Kavuri SambaSiva Rao    Congress(I)

4)            Vijayawada   Chennupati Vidya  Congress(I)

10th Loksabha  (1991)

1)            Bapatla    Daggubati VenkateswaraRao   TDP

2)            Eluru    Bolla BulliRamaiah    TDP

3)            Rajahmundry     Kantipudi V.R.Chowdary    TDP

4)            Vijayawada   Vadde SobhanadreeswaraRao   TDP

5)            Visakhapatnam   M.V.V.S Murthy   TDP

11th Loksabha  (1996)

1)            Eluru    Bolla BulliRamaiah    TDP

2)            GunturRayapati Sambasiva Rao   INC

3)            Khammam          Tammineni,Shri VeerabhadramCPI(M)

4)            Narasaraopet    Kota,Shri Sydaiah   TDP

5)            Rajahmundry     Chitturi,Shri Ravindra     INC

6)            Vijayawada         Parvathaneni Upendra  INC

12th Loksabha  (1998)

1)            Eluru      Magantti Venkateswara Rao    INC

2)            Guntur  Rayapati Sambasiva Rao    INC

3)            Khammam    Nadendla Bhaskara Rao      INC

4)            Machilipatnam     Kavuri Samba SivaRao  INC

5)            Vijayawada    Parvathaneni Upendra    INC

13th Loksabha  (1999)

1)            BapatlaDaggubati Ramanaidu    TDP

2)            Eluru      Bolla BulliRamaiah    TDP

3)            Guntur  Yemparala Venkateswara Rao  TDP

4)            Khammam   Smt. Renuka Chowdhury     INC

5)            OngoleKaranam  Balarama Krishna Murthy   TDP

6)            Rajahmundry     SriBalusu P.B.K. Satyanarayana Rao    BJP

7)            Vijayawada    Gadde Ramamohan    TDP

8)            VisakhapatnamM.V.V.S Murthy   TDP

14th Loksabha  (2004)

1)            BapatlaDaggubati Purandeswari    INC

2)            Eluru      Kavuri Samba SivaRao      INC

3)            GunturRayapati Sambasiva Rao    INC

4)            Khammam    Smt. Renuka Chowdhury    INC

5)            Vijayawada    Lagadapati Rajagopal    INC

15th Loksabha  (2009)

1)            Eluru      Kavuri Samba SivaRao      INC

2)            Guntur    Rayapati Sambasiva Rao    INC

3)            Khammam    Nama Nageswara Rao     TDP

4)            Vijayawada    Lagadapati Rajagopal    INC

5)            Visakhapatnam  Daggubati Purandeswari   INC

16th Loksabha  (2014)

1)            Guntur   Galla Jayadev   TDP

2)            Narasaraopet   Rayapati SambasivaRao   TDP

3)            Vijayawada   Kesineni Srinivas    TDP

4)            Eluru   Maganti VenkateswaraRao   TDP

5)            Rajahmundry    Maganti Muralimohan   TDP

6)            Visakhapatnam    Khambampati Haribabu    BJP

List of Kamma Lok Sabha members from Tamilnadu (1952 - 2014)

July 15, 2018, 11:40 pm

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R Prabhu 5 times MP and Ex.Central Minister 

1st Loksabha 1952    

1)            Pollachi   G Rangaswami Damodaran    Congress

2nd Loksabha 1957

1)            Cuddalore    T.D. Muthukumarasamy Naidu   CRC

2)            Pollachi    P.R. Ramakrishnan,     Congress

3rd Loksabha 1962

1)            Coimbatore    P.R. Ramakrishnan,     Congress

2)            Cuddalore    T.D. Muthukumarasamy Naidu    DMK

3)            Tiruvallur   V. Govindasamy Naidu    Congress

4th Loksabha 1967

1)            Sivakasi    S.P. Ramamoorthy    Swatantra Party

2)            Tindivanam   T.D.Ramabadran Naidu    DMK

5th Loksabha 1972

1)            Sivakasi     V Jeyalakshmi    Congress

6th Loksabha 1977

1)            Chengalpattu     R.Mohanrangam     AIADMK

2)            Madras Central    P.Ramachandran       Janata Party

7th Loksabha  1980

1)           Coimbatore     Era  Mohan    DMK

2)           Nilgiris   R.Prabhu      Congress(I)

3)           Sivakasi     N.Soundararajan     AIADMK

8th Loksabha 1984

1)          Nilgiris    R.Prabhu   Congress(I)

2)          Sivakasi   N.Soundararajan     AIADMK

9th Loksabha 1989

1)           Nilgiris   R.Prabhu    Congress(I)

10th Loksabha 1991

1)           Chengalpattu    S.S.R.Rajendra Kumar    AIADMK

2)          Nilgiris   R.Prabhu    Congress(I)

11th Loksabha 1996

1)           Chengalpattu     S.S.R.Rajendra Kumar    AIADMK

2)          Nilgiris    S.R.Balasubramoniyan    TMC)

3)          Sivakasi     V.Alagiri Samy    CPI

12th Loksabha 1998

1)            Madras North    C.Kuppusami    DMK

2)            Sivakasi    V. Gopalaswamy (Vaiko)   MDMK

13th Loksabha 1999

1)          Sivakasi     V. Gopalaswamy (Vaiko)   MDMK

14th Loksabha 2004

1)            Cuddalore     K.Venkatapathy     DMK

2)            Nilgiris   R.Prabhu    INC

3)            Sivakasi     Sippiparai A. Ravichandran         MDMK

15th Loksabha 2009

None

16th Loksabha 2014

1)           Chennai North T G Venkatesh Babu  AIADMK

A biopic on India's Formula one racer Kakarla Narain Karthikeyan

July 16, 2018, 5:28 am

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Kakarla Kumar Ram Narain Karthikeyan born 14 January 1977  in Coimbatore to Mr.Karthikeyan and Mrs Sheela. The family runs the famous PSG institutions.

Narain Karthikeyan is a racing driver who was the first Formula One driver from India. He has previously competed in A1GP, and the Le Mans Series. He made his Formula One debut in 2005 with the Jordan team, and was a Williams F1 test driver in 2006 and 2007. Like several other former F1 drivers, Karthikeyan moved to stock car racing and drove the #60 Safe Auto Insurance Company Toyota Tundra for Wyler Racing in the 2010 NASCAR Camping World Truck Series. In 2011 he returned to F1 with the HRT team, continued with the team in 2012 and was expected to drive for them in the 2013 season as well. However, HRT was not included in the FIA's 2013 entry list, and thus Karthikeyan was left without a drive. In 2013, Karthikeyan raced in the Auto GP series, securing 5 wins and 4 pole positions with Super Nova Racing. For 2014, Karthikeyan has signed up with Team Impul, to race in the Japanese Super Formula series, he had competed in various international races and won many awards and accolades.

The Government of India awarded him the fourth highest civilian honour of Padma Shri in 2010.

Now a bio-pic is being made on his heroics. Upen Patel has been approached to do the lead role. The movie would be made in Tamil and Hindi simultaneously as he has a huge fan following in Tamilnadu.

Upen Patel is currently shooting for Boomerang starring Atharvaa. He plays a baddie in the movie.

YADLAPALLI PRANJALA BAGS THAI TITLE

July 23, 2018, 6:12 am

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Yadlapalli Pranjala achieved yet another career high when she and her Indian partner Rutuja Bhosale emerged triumphant in the women doubles event of the $25,000 Nonthaburi ITF tournament in the Thailand city of Nonthaburi on Friday.

The giant-killers defeated the second seeded Taipei pair of Pei Hsuan Chen and Fang-Hsien Wu 7-5, 6-2 in the title clash.

The Indian pair had shocked the top seeded combination of Jia-Qi Kang (China) and local hope Peangtarn Plipuech 6-2, 6-3 in the semifinals.

Pranjala, who is sponsored by GVK Foundation, currently enjoys a doubles ranking of No 307

G.K. Devarajulu The textile city Architect of Coimbatore

July 24, 2018, 9:27 pm

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The brothers who contributed substantially to the industrialisation of Coimbatore are G.K. Devarajulu and G.K. Sundaram.

The sons of cotton merchant G.Kuppusamy Naidu, who also had a ginning unit, both evinced immense capability.

Devarajulu, born in 1911, was a man with appetite for risks.

  

He set up the Lakshmi Mills at the age of just 21. As the machinery for the cotton units were imported from Europe under the impression that those from Japan were substandard, Devarajulu visited the factory in Japan to study whether the machinery would suit Indian requirements.

Consequently all the machinery for his unit were imported from Japan. He also introduced the administrative system he found good in Japanese units.

When Devarajulu and Mr. Sundaram joined Textool as shareholders in 1940, the company produced its first ring frame.

Devarajulu joined hands with R.Venkataswamy Naidu of Peelamedu to set up the South India Viscose for which he imported machinery from Italy. While he got the license in 1957, he started the production in 1962 using a new technology.

As sweet are the uses of adversity, Devarajulu was not overawed by the stringent measures taken by the Central Government to conserve the precious foreign exchange in 1960 which had virtually crippled import of machinery for cotton mills.

This goaded him on to establishing a unit that could produce all the machinery needed for cotton mills. This Lakshmi Machine Works (LMW), which came into being with the technological support from a Swiss company in 1966, had a phenomenal impact on the industrial as well social horizon of Coimbatore.

In 1977, the unit started manufacturing a new cording machine and Devarajulu then pointed out that LMW was one among the six units in the world that could manufacture all the machinery required for cotton mills.

The company further grew adding Lakshmi Automatic Looms, Lakshmi Ring Travellers and LMW Unit 2.

He became the president of the Federation of Indian Chamber of Commerce and Industry as well. Besides, he headed a number of associations including the Southern India Mills Association, South India Textile Research Association and Indian Cotton Mills Association. He passed away in 1992.

He started the G.Kuppuswamy Naidu Memorial Hospital to serve the people of Coimbatore to fulfill his father’s dream. Today all his efforts have paid off and have also inspired many entrepreneurs in Coimbatore.

He also played a pivotal role in setting up of Mani Higher Secondary School, G.Venkataswamy Naidu College, Kovilpatti, and the Kuppuswamy Naidu Sports Trust. To honor his contribution to business and society, he was knighted as ‘Cavalier Devarajulu’ by the Consulate General of Italy in India.

The Pappanaikenpalayam ‘GKD Electrical Crematorium’, run by the GKD Charity Trust was the first of such. It is built on an acre of land given to GKD Charity Trust by the Coimbatore City Municipal Corporation at Pappanaikenpalayam.

Dhivya Suryadevara spotted 4th in Fortune 40 list

July 26, 2018, 5:34 am

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New York: Four persons of India-origin, including Chennai-born CFO of General Motors Dhivya Suryadevara, have been named by Fortune among 40 of the most influential and inspiring young people in business under the age of 40.

Instagram Cofounder and CEO Kevin Systrom and Facebook founder Mark Zuckerberg, both 34, are tied for first place on the Fortune '40 Under 40' list.

Chief Finance Officer of the US' largest automaker, General Motors Dhivya Suryadevara comes in at the 4th spot, followed by Vimeo CEO Anjali Sud (14), Cofounder and Co-CEO of Robinhood Baiju Bhatt (24) and Female Founders Fund founding partner Anu Duggal (32).

For the first time ever, Fortune also assembled a “supplementary honour roll” of the most impressive, young superstars who are transforming business at the leading edge of finance and technology.

The ‘Ledger 40 Under 40' supplementary honour roll list shines a light on the pioneers building some of the world's fastest-growing businesses.

Fortune said, Suryadevara, 39 made history when it was announced she would become GM's first female CFO later this year, making the auto giant one of only two Fortune 500 companies led by a female CEO and CFO(the other is chocolate giant Hershey).

IFC to invest $23 mn in Srinivasa poultry farms

July 26, 2018, 10:03 pm

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International Finance Corporation plans to make an equity investment of $23 million (Rs 158 crore) in Srinivasa Farms Pvt. Ltd (Suresh Rayudu Chitturi - MD) to help the Hyderabad-based poultry company expand its operations.

The fresh capital will help Srinivasa expand its layer, broiler and breeding operations by setting up additional farms and hatcheries, the World Bank’s private-sector investment said in a disclosure.

It will also the company expand its feed mills and add soya refineries, set up a food park and set up chicken and egg processing businesses, IFC said.

Srinivasa Farms was founded by chairman Jagapati Rao Chitturi in 1965. The Chitturi family collectively owns about 80.04% of the company, the disclosure showed.

The company operates an integrated layer and broiler breeding business and has presence in soya, feed, layer and broiler breeding and contract farming.

IFC said the company’s total expansion project cost is estimated at $83 million and likely to create over 5,000 jobs.

The World Bank arm said its own global expertise in the poultry sector, technical advice on best operating practices and improvement of food safety standards will help Srinivasa Farms grow its operations.

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Ramoji Film City in top in Asia theme parks

August 1, 2018, 4:10 am

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With theme and water parks becoming popular across the globe, two amusement parks in the country have been featured among the top 10 travellers' choice in Asia.

While Ramoji Film City in Hyderabad ranks sixth in 'TripAdvisor 2018 Travellers' choice awards for amusement and water parks across the globe. 

The TripAdvisor 'Travellers' choice awards for amusement parks and water parks' is based on consumer reviews and bookings on the site.

The selection has been done using an algorithm taking into account the quantity and quality of reviews and ratings for amusement parks and water parks worldwide, gathered over a 12-month period.

"It's great to see a number of parks from India being recognised among the best in Asia, which only goes to show their popularity among the travellers as well as the international standard services being maintained," TripAdvisor said.

Universal Studios Singapore on the Sentosa Island tops the Asia list, followed by Hong Kong Disneyland, Universal Studios Japan in Osaka, Tokyo DisneySea in Urayasu, and Tokyo Disneyland at Urayasu.

Meanwhile, Universal's Islands of Adventure in Orlando, US, tops the global list followed by Magic Kingdom in Orlando, Le Puy du FouLes Epesses in France, Universal Studios Hollywood and Universal Studios Florida.

LRG Naidu - A Socially Responsible Entrepreneur - Donar

August 2, 2018, 12:29 am

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Lakshminaickenpalayam Ramaswamy Govindasamy Naidu ( 1894 - 1970 ) was born as the fourth child to Ramaswamy Naidu and Chinnasamy Ammal on the 7 th of January 1894. L.R.Govindasamy Naidu was popularly known as LRG Naidu and he was an entrepreneur with a vision which encompassed several aspects of commerce and social life. He was closely associated with the Industrial Scientist GD Naidu from his early days. LRG Naidu married Ranganayaki Ammal and couple made Tirupur their home from the year 1924. The couple was blessed with four dynamic sons and a daughter Vijayalakshmi who was married to V.N.Ramachandran of Premier Mills.  It was from Tirupur that he grew from good to great and he ensured that his enterprises and policies were built to last. His Vijayalakshmi Motor Service,City Mofussil Transports and Tirupur Karur Transports were headquartered at Tirupur and the other bus company Madura Public Conveyance from his stable had 40 buses and the operations where centered around Dindigul. L.G.Balakrishnan & Brothers of Karur had another 50 buses in its flock. The vibrant LRG Naidu started a transport service , Rayalaseema Passenger and Goods Transport with a fleet of 150 buses at Hindupur in Andhra Pradesh. In addition he had purchased about 2500 acres of land at Rayalaseema and all of it were donated to the Sri Ramaswamy Naidu Vidyalayam ( June 1946 ) founded by him at Lakshminaickenpalayam in the sacred memory of his father.

The English skills of LRG Naidu were confined to the level of just knowing the alphabets but his determination ensured that he was able to understand what ever was required in the legal context and he was capable of correcting any document effortlessly. Those were the times when transport facilities were the need of the hour and if not for businessmen like LRG Naidu the business of transporting people and goods would not have reached the levels required for a growing population. At the time of the Second World War he had a fleet of 300 buses and it used to be an uphill task to run the buses for fuel was not available . Therefore the buses had to be equipped with charcoal gas plants and spare parts were another rarity too. LRG Naidu made all the charcoal gas plants in his facility at Tirupur. In addition to the transport business LRG Naidu created a new venture - L.G.Balakrishnan & Brothers Limited which began to involve itself in bus body building and manufacture of chains at Karur and Coimbatore. Another company ELGI Equipments Limited came up at Coimbatore and the family took up a number of allied and auxiliary businesses post nationalisation of their bus business in Tamilnadu and Andhra Pradesh. Therefore their family came up with ELGI Tyre & Tread Ltd ( ELGI Tread now ), Super Spinning Mills Ltd and also ELGI Electric & Industries Ltd over the years.

LRG Naidu was a man of enterprise and was into the business of cinema for some time. He belonged to rare tribe of entrepreneurs who were capable of handling diversified activities simultaneously and fortunately Coimbatore was blessed with more people like him. He was quick to understand that he had to be in areas with least Government interference and he came up with an airline company and called it Madras Presidency Airways over 60 years ago and it was a public limited company ! The adventurous spirit of LRG Naidu knew no bounds and the family got into the hospitality business through their revolutionary venture Ashoka Hotels at Chennai. The hotel was a popular destination for travellers for a number of years. In spite of being a busy entrepreneur LRG Naidu never forgot the core activity of our country - agriculture. He was a forerunner in the cultivation of seedless grapes and guava. The industrialist agriculturist entrepreneur believed that one had to spend 20 years in trying to learn in every which way which included experience and another 30 years by trying to learn and earn while willing to spend the rest of one's life for charity.

The first social and charitable venture of LRG Naidu was the Sri Ramaswamy Naidu Vidyalayam at his native village Lakshminaickenpalayam and it had a hostel for students while providing quarters for the staff even before independence. He was an early pioneer who provided noon meals for the kids who came from nearby villages and admitted people from all communities and castes into the school hostel. He even gave land to the Government for establishing a Dalit Hostel. Later on His Excellency the Maharaja of Bhavnagar who happened to be the officiating Governor - Maharaja Raol Shri Sir Krishna Kumarsinhji Bhavsinhji KCSI and the Collector of Coimbatore FWA Morris who was popularly known as Morris Gounder visited the school and participated in a number of activities. Several years later , the noble Acharya Vinobha Bhave visited the school. In order to make the school self-sustaining he established the LRG Naidu Education Trust by the year 1965 and at his Karmabhoomi Tirupur he came up with the Chinnasamy Ammal Middle School in the sacred memory of his mother and the institution came to be managed by the Tirupur Municipality. Another 30 acres were donated to for the LRG Government College for Women at Tirupur and all his four sons contributed towards the construction of the required buildings. One more charity was made in the name of his beloved wife - LRG Ranganayaki Ammal Maternity Centre. All his ancestral lands measuring about 100 acres and his house at Tirupur with about 8 acres of land and buildings were made over to the LRG Educational Trust. The life of LRG Naidu is sure worth emulating.

The equally successful and charitable sons of LRG Naidu - L.G.Balakrishnan, L.G.Varadarajulu, L.G.Ramamurthy and L.G.Nityanand have been the forerunners of Corporate Governance at Coimbatore and have given away a lot for charitable purposes. They have built schools, colleges and wards at hospitals over the years. It was their Individual Social Responsibility that impelled the LRG Naidu family to discharge their Corporate Social Responsibility in a fabulous manner. The area of heart research owes a lot to the good work of the family of LRG Naidu. The Cardiology Unit at the G . Kuppuswamy Naidu Memorial Hospital stands as a permanent tribute to the amazing entrepreneur, LRG Naidu. The entire family of LRG Naidu -  consisting of all his children, daughters in law, grandsons and granddaughters have been achievers who have made Coimbatore proud in every sphere.

Indies Pharma raised over $387 Millions on Jamaica Stock Exchange Debut

August 4, 2018, 3:51 am

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Indies Pharma (President and CEO - Guna Muppuri) raised over $387-million (Rs.2,631 crores) its debut on the Junior Market of the Jamaica Stock Exchange, JSE.

The Montego Bay-based company went to the market in July 12 raised $387 Millions in 3 days.

According to Douglas Robinson, Vice President of Investment Banking at GK Capital, over one thousand applications were submitted by investors to participate in the IPO.

This resulted in the offer being significantly oversubscribed – with the brokers receiving more than twice the amount that the company was seeking.

Indies Pharma currently distributes more than 150 prescriptions and over the counter drugs on the Jamaican market.

Led by Dr. Guna Muppuri, the company plans to position itself as a ‘one-stop-shop’ for pharmaceuticals, healthcare, herbal, and consumer and hygiene products.

The company says it intends to use the IPO proceeds to repay its debt, position itself for strategic business expansion and augment working capital.

Visionary Leadership

As C.E.O and C.O.O respectively, Dr. Guna Muppuri and Mrs. Vishnu Muppuri have been growing the company since the sale of its first pharmaceutical in 2005. They have set a vision for the company to provide effective drugs at affordable prices, granting broader access to persons living in Jamaica. Indies Pharma now services customers across all 14 parishes of the island, including over 400 pharmacies, private and public hospitals, medical practitioners and government agencies such as the National Health Fund.

The life and times of Periya Govindaswamy Naidu (1858 - 1916)

August 6, 2018, 9:14 pm

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The dawn of the Vijayanagar Empire in the year 1336 ushered in a lot of migrations all over the south. A large number of Telugu and Kannada speaking people migrated to the Tamil speaking parts of the country. The black cotton soil farmers of Andhra Pradesh moved over to the black cotton soil regions of Tamilnadu along with their seeds. This added to the seed diversity of the region in a big way. The Rasakondalar clan from Andhra had migrated to the Coimbatore and made it their home for ever. The clan has been ensconced in Pappanaickenpalayam for a few centuries.

Periya Govindaswamy Naidu of the Rasakondalar clan was born in the year 1858 at Coimbatore. He was known to be a content person who accommodated his siblings well. In fact when the properties of his family were partitioned he took ones the discarded by his brothers. He was a peoples' person and took a keen interest in the affairs of his neighborhood all his life. Periya Govindaswamy Naidu participated in the joys and sorrows of the people who lived in Pappanaickenpalayam. His humanitarian approach made him an endearing person in his village.

Periya Govindaswamy Naidu attended each and every wedding in Pappanaickenpalayam. He was given the honour of garlanding the bridegrooms of his village at the time of the wedding. His fair complexion and well-built personality were further enriched by his massive head and bushy moustache. He had a full attire for both the bride and groom with him. It consisted of a dark coloured alpaca coat, an embroidered dhoti, an angavasthram and a turban for the groom. He had a complete set of jewellery for the brides to wear at the time of the wedding and also a fine white horse with brown spots for the grooms as part of his possessions. The horse was trained to behave in a calm and composed manner during while transporting the bridegroom who rode on it to the bride's place to take the hand of the obliging lady.

Medical relief work was carried out by Periya Govindaswamy Naidu in full gusto. He had a working knowledge of native medicine and he used to offer remedies for the poor. He had medicines for eczema and cure from poisons with him at all times. This was prepared by him at the time of Solar Eclipses and the activity was accompanied by prayer. His home was a dispensary for the locals. The roofs of the houses were made of tiles and they harbored snakes, scorpions, rats and lizards of all kinds. Rats used to drop from the ceilings of houses, spin around and stop dead at the times of plague. The homemakers used to pour kerosene on the rat, burn it and apply kerosene on the limbs for safety. Plagues were common then due to lack of hygiene and it broke out once in the year 1903. The local Government ordered the people to quit with the aid of a ' Dandora '. Periya Govindaswamy Naidu was against this evacuation for he felt that would cause a greater danger for want of proper sanitation in the new place. He asked people to pretend as though they had left the places by living silently. Naidu used to attend on the afflicted day and night. He took the help of two native doctors - Sodalamuthu and Bhashyakarulu to take care of the task of attending to the medical needs of the sick. A Dalit assistant was his other aide in this regard. He was fined a sum of Rs.50 for not complying with Government orders. The fine was paid with a smile. The people of Coimbatore used to move out on pilgrimages during plague. They had get a ' passport ' in order to leave Coimbatore and had to register themselves with the authorities in the place of arrival. Authorities used to pay the people in order to get them vaccinated. The spotted white horse used to take Periya Govindaswamy Naidu from one place to the other. He believed that his prosperity and happiness in life were because of the horse. The horse passed away in the year 1916 and Naidu told his friends that he would not live long. He passed away in the same year.

Periya Govindaswamy was blessed with the birth of a son Kuppuswamy in the year 1884. The son founded the Lakshmi Mills Company in the year 1910 and became a legend in his lifetime. Periya Govindaswamy Naidu had married Ammaniammal alias Eantammal, the sister of the R.Bhima Naidu in the year 1880 and this played a very vital role in the life of the son Kuppuswamy later on. Ammaniammal alias Eantammal who happened to be the mother of Kuppuswamy Naidu hailed from an illustrious family of Uppilipalayam. On growing up to be a young lad, Kuppuswamy Naidu wanted to take over the family lands from the tenants and cultivate them himself. However Periya Govindaswamy Naidu was not agreeable to send the tenants out. He told his son that the tenants were poor people and had enjoyed a long connection with him. The son was also told that if the poor tenants were sent away, they would economically find it difficult to earn their meals. Therefore he told his son Kuppuswamy that he could cultivate on the lands vacated by the tenants voluntarily for he did not want to forcibly break the association with them. Young Kuppuswamy decided to venture into the world of commerce thereafter. The keen father Periya Govindaswamy got his son Kuppuswamy married to Lakshmii Ammal, the daughter of Periya Veedu Ramaswamy Naidu of Vaiyampalayam who belonged to a prominent family. G.Kuppuswamy Naidu and his wife Lakshmi Ammal were blessed with the famous B.R.Ranganayaki Ammal ( wife of B.Rangaswamy Naidu of Rajalakshmi Mills ), G.K.Devarajulu ( Founder Lakshmi Machine Works and South India Viscose ), G.K.Sundaram ( Former Member of Parliament and Chairman - Lakshmi Mills ), G.K.Govindaswamy ( who went along with a number of Coimbatoreans around the world in the year 1949) and G.K.Rajagopal (who dedicated a lot of his time and energy to put Coimbatore on the golfing map of the country). G.Venkataswamy Naidu was the second son of Periya Govindaswamy Naidu.

The religious minded Periya Govindaswamy Naidu took a keen interest in the religious life of people around him. He built a choultry at the self manifested or Swayambhu Venkatesa Perumal Temple at Mondipalayam and arranged for the feeding of the poor in a large scale on the third Saturday of the Tamil month of Purattasi every year. He built and maintained a Vinayakar and Mariamman Temple at Pappanaickenpalayam in co operation with the members of his family. Periya Govindaswamy Naidu played an important role in the annual Mariamman festival and he was responsible for the establishment of the Sri Srinivasa Perumal Temple along with the members of his family at Pappanaickenpalayam. The temple of Lord Srinivasa Perumal has become a great place of pilgrimage in Coimbatore.

The life of Periya Govindaswamy Naidu throws much light of the positive attitude and the living conditions of the people of Coimbatore over a hundred years ago.

Kondapalli Seetaramaiah founder of the People's War Group of Naxalites

August 17, 2018, 9:35 pm

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Born in a middle-class farmer's family in Jonnavada village, Kondapalli Seetharamaiah was attracted to the Communist movement early in life. He became the secretary of Krishna district unit of the united Communist Party, which played a crucial role in Telangana Armed Struggle. Following a split in the Communist Party of India (CPI), he could not join either group and moved away from politics.

He went to Warangal to work as a Hindi teacher in Fatima School where he came in contact with K.G.Satyamurthi. Both of them were attracted to the CPI (ML) and attended the party conclave held at Gottikondabillam in Guntur district which was addressed by Charu Majumdar. He became a state committee member of the CPI (ML) and associated himself with the Srikakulam movement. On April 22, 1980, he founded the People's War Group. Believing in Mao's dictum 'power flows from the barrel of a gun', the PWG launched an armed struggle against 'class enemies'.

The PWG gained in strength by mid-1980s and recruited many young people across the states of Maharashtra, Madhya Pradesh, Orissa, West Bengal, Karnataka and Tamil Nadu.

He was arrested in the Secunderabad Conspiracy case. After killing the duty constable he escaped from the hospital where he was admitted for treatment in 1982 causing a sensation. He led the PWG for several years when it reigned terror in Andhra Pradesh and some neighbor states. In the early 1990s, there was a split in the PWG and Seetharamaiah was ousted by Muppala Laxmana Rao.

After the state government imposed a ban on the PWG on May 21, 1992, Kondapalli Seetharamaiah was arrested by the police in 1993.

The courts have acquitted him in all the cases filed against him by the police. He was released on humanitarian grounds after spending a few years in jail. 

During his final years, he abstained from political activities. He suffered from Parkinson's disease. Kondapalli Seetharamaiah died in his granddaughter's house in Vijayawada on 12 April 2002. He was 87 years old. He was survived by his wife Koteswaramma and two granddaughters, V. Anuradha and K. Sudha.

Padma Bhushan Moturi Satyanarayana (Freedom fighter - MP)

July 5, 2018, 2:43 am

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Moturi Satyanarayana (2 February 1902 – 6 March 1995) was an Indian freedom fighter alongside Mohandas Gandhi until 1947 and then a member of the Constituent Assembly of India which drafted the Indian Constitution. He was a nominated member of the Rajya Sabha (the Upper House in the Indian government) until 1966. He was instrumental in making Hindi an official language in the Indian Constitution, while tolerating the other major Indian languages. He devoted his later life to helping spread Hindi in South India.

Moturi was born in Dondapadu village in the Krishna district of Andhra Pradesh, India. After his primary education, he studied English, Telugu, and Hindi at the National College in Machilipatnam, achieving a high proficiency in them. He joined the Dakshin Bharat Hindi Prachar Sabha as a volunteer and gradually became the Secretary and Principal Secretary of that organisation. A major mission in his life would be to efficiently promote the growth of Hindi in South India between 1936 and 1961. He married Shrimati Suryakanta Devi and had three sons and four daughters with her.

Moturi participated in Quit India Movement in 1942 and was jailed. During this time, Moturi was an active promoter of the Hindi language. He was the Editor of "Hindi Pracharak" (1926–36), "Hindi Prachar Samachar" (1938–61) and Dakshina Bharat (1947–61). He organised many Institutions all over India such as "Dakshina Bharata Hindi Prachara Sabha" of Madras (1926–61). He was the Founding Secretary of "Telugu Basha Samithi" of Madras and Hyderabad.

After India became independent from Britain, Moturi was a member of the Constituent Assembly of India from 1948–50. He served as a Member of the Drafting Committee of the Indian Constitution for its Language Section. He was a key figure in the divisive debates on: what to make the official language of India (Hindi, English, or a number of local languages such as Bengali, Telugu, Tamil, etc.); how to set up a pluralistic civil service examination system; and how to balance local languages with national languages at different levels of government. He advocated for drafting of the Constitution in Indian languages first.

After Indian Independence, from 1950–52, Moturi was a member of the Provisional Parliament of India as an MP. After the Indian Constitution was drafted, Moturi was nominated by the President of India as a Rajya Sabha (Upper House) member. He served twice between 1954 and 1966 (3 April 1954 to 2 April 1960 and 3 April 1960 to 2 April 1966). He was also a member of: the Madras Legislative Council (1952–54); the Central Advisory Board of Education of the Govt. of India; the Madras University Senate (1952–53); the Central Official Languages Commission (1954–56).

Moturi had many scholarly interests. He was the Chief Editor of Encyclopedia on Social Sciences in Hindi published by the Hindi Vikas Samithi, Madras. He was the founding secretary of the Telugu Bhasha Samiti. He also founded the Hindi Vikas Samiti and published 'Vishwa Vignana Samhita.' Finally, Moturi was an editor for a comprehensive encyclopedia published in his native language of Telugu.

Later in his life, Moturi won many awards. He was a recipient of the Padma Shri award in 1954 and the Padma Bhushan award in 1962, both from the Government of India. Andhra University honoured him with its Kala Prapoorna award in 1977.

Moturi lived to the age of 93. When a family member asked the nonagenarian Moturi about the secret of his longevity, his brief response was: "Listen more, eat less."

As an activist for Indian Independence, a framer of the Indian Constitution, and a Parliamentarian, Moturi was a key figure in India's political history. However, some people crit    icise his decision to support Hindi, and not English, as the official language of India. The awkward provisions in the Indian Constitution and a later push by pro-Hindi hardliners led to "language riots" in the 1960s in southern states such as Tamil Nadu, where more than 60 people died. Several students immolated themselves protesting the forced use of Hindi as the national language. While English has become the de facto national language of India by 2010, the Indian Constitution has continued to serve as the fundamental basis of the India's polity and society and its drafting was a major accomplishment.

Grinding the way to success! P.B.Krishnamurthy, Founder of Sri Lakshmi Grinders.

August 19, 2018, 9:57 pm

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P.B.Krishnamurthy was the son of Balasundaram and Sri Lakshmi who was born in Bhavani sagar. Due to the inundation caused by construction of the Bhavani sagar dam, his family relocated to the city of Coimbatore.

P.B.Krishnamurthy was the son of Balasundaram and Sri Lakshmi who was born in Bhavani sagar. Due to the inundation caused by construction of the Bhavani sagar dam, his family relocated to the city of Coimbatore.

A young Krishnamurthy pursued his schooling at the City Municipal High School and had to quit due to financial constraints. Hence, Krishnamurthy joined the commercial tax office and worked there for about 3 months. It was at that time, an aspiration to step foot in the world of commerce got seeded in Krishnamurthy who shortly set up a provision store at the buzzing Poo Market area. He was then engaged full-time in managing his shop "Swami & Murthy" along with his cousin brother Karuppuswamy.

Though life went on smooth, Krishnamurthy's interest in 'engineering' kindled him to do something innovative in that domain.

K.Ravi, son of P.B.Krishnamurthy talks about the break through journey in his father's life, while offering some hot filter coffee at his office in Hotel Karpagam in Ram Nagar.

"It all started in the year 1963, when my father was inspired to make a wet grinder for his friend whose wife was unable to make idly batter due to severe back pain. The whole idea was conceived by my father whose grinders then came with a huge grinding stone which constantly moved on all sides to make a smooth idly batter. People looked up to the product with awe.

The product was very unique and he sold the first piece for Rs.540, with a profit of Rs.120/- a princely sum those days!. Just after the sale, my father was very anxious to know the feedback from the lady to whom he sold his first piece. Though the lady of the house was extremely happy and relieved, the noise made by the motor was of a great concern to her.

The rest is history...my father, P.B.Krishnamurthy became the first to commercialise the wet grinder. Of course, after several attempts of fine tuning, at last he created the perfect grinder which was used in every single household".

Sri Lakshmi Wet Grinders hit the road to success with a number of hotels becoming their early clients. A number of VIP households including that of LMW, P.A.Raju Chettiar, K.Damodaraswamy Naidu of Sree Annapoorna Hotels and N.Mahalingam became the customers of Krishnamurthy.

All the grinders belonging to the restaurant chain, Sree Annapoorna Hotels were supplied and serviced by him. In fact, he made a slow functioning grinders especially to K.Damodaraswamy Naidu, who felt that the motor heat would make idlis harder and alter the consistency.

Initially Lakshmi Grinders used motors from Suguna Motors, until Balaji Motors promoted by Gopal got into a long association with P.B.Krishnamurthy, Founder of Lakshmi Grinders.

The famous industrial scientist G.D.Naidu used to visit Krishnamurthy during the early days and offer words of encouragement.

Sivakumar of Suguna Automobiles shares some nostalgic memories about the first motor he designed for Lakshmi Grinders, "We purchased a Lakshmi grinder in the year 1968. One of my tenant Irudayaswamy used our grinder once a week for making idly batter for his family. We are one of the age old customers of Lakshmi Grinders.

P.B.Krishnamurthy was one of the Founders of Codissia and now his son K.Ravi is in the Executive Committee of the organisation. Ravi also shares some interesting fact about his father other than his wet grinder story "My father was a fun loving person and he used to practise yoga everyday. He used to play billiards for years at the R.S.Puram Club. My father loved good filter coffee and he used to visit Sree Annapoorna for relishing his favourite beverage several times a day and also a chat with K.Damodaraswamy Naidu on a number of subjects. Perhaps he was the second person to have coffee at Sree Annapoorna after Udayam Pandu Chettiar everyday.

He was on excellent terms with Meenu Mix Balakrishna Pillai and his entire family. Whenever Meenu Mix inaugurated a new showroom, the first bill was written by him and the first sale was to Chinnaswamy of Pazhamudir Nilayam, be it their Bengaluru, Hyderabad, Chennai or Kochi showrooms".

"Business boomed for about 3 decades. As we had not taken steps to protect our innovations, the market started to brim with duplicates. But at no point we compromised on the quality. Faith and the future are our all time pillars", said Ravi.

Presently there are 700 plus wet grinder manufacturers in and around Coimbatore, and today grinders are also part of the social welfare schemes offered by the Government of Tamilnadu.

But undeniably, it was P.B.Krishnamurthy (1932 - 2006) Founder of Sri Lakshmi Grinders because of whom Coimbatore was identified as a Grinder City.

Source: http://simpli-city.in

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Avanti Feeds, Natco Pharma in the list of Forbes Super 50 Companies 2018

August 25, 2018, 12:33 am

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Avanti Feeds, Natco Pharma are the only 2 companies from AP and Telangana placed in the list of Forbes Super 50 Companies 2018.

Avanti Feeds:

Avanti Feeds Ltd. engages in the business of manufacturing prawn and fish feeds, shrimp processing and exports from India. The company operates its business through the following business segments: Shrimp Feed, Shrimp Exports and Wind Mills. The Shrimp Feed segment engages in manufacturing & marketing of shrimp feed to the farmers, which is used in Aqua culture to grow shrimp. It also provides technical services to the Shrimp culture farmers at their ponds through qualified technical officers in all the coastal belt of India. The company exports its products to the United States of America. Avanti Feeds was founded by Alluri Venkateswara Rao on October 28, 1993 and is headquartered in Hyderabad, India.

Natco Pharma:

Fresh approvals to market new generic formulations in the US and plans for a wider global footprint mean the firm is in the pink of health.

Over the years, the mid-sized Natco has built a strong portfolio of generics in the US and India. In FY18, “[Natco’s] top four performers in the US have been the generic versions of] Copaxone, Tamiflu, Doxorubicin and Lanthanum Carbonate,” Rajeev Nannapaneni, the company’s vice chairman and CEO, told investors in a conference call in May this year.

Methodology : Forbes India, with knowledge support from PwC India, adopted a robust multiple-stage process to select India’s Super 50 Companies. In the first stage, a set of eliminators was employed to arrive at a critical mass of strong contenders. Out of all the listed companies on the stock exchanges, we selected those with a market capitalisation of more than ₹10,000 crore (as of March 31, 2018). From these, all PSUs were eliminated; only the top two companies based on market capitalisation from any business group were included; companies where trading was suspended for penal reasons were removed and so were those that were listed after April 1, 2015. This yielded a list of 135 companies which were further evaluated on a different set of parameters. These parameters included shareholder returns exhibited on the stock exchange over a three-year period, sales growth (three-year CAGR) and return on equity (three-year average). As a final check, we considered those companies which were more consistent than others—in the context of our parameters—and we also used relevant eliminators to remove the outliers. The result is a strong list of companies that comprise Forbes India’s Super 50 listing. The list is in alphabetical order and is not a ranking.

http://www.forbesindia.com/lists/super-50-companies-2018/1723/all

Venkat Chalasani Deputy Managing Director, Global Markets @ SBI

August 25, 2018, 5:02 am

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Mr. Venkat Nageswar Chalasani  is a career banker with over 34 years’ experience.He has held diverse assignments covering different aspects of banking and currently oversees the treasury portfolio of India’s largest bank, with significant exposure to various market segments including FX, money markets, equities and investments. He has worked in various positions both in India and abroad, including postings in Bahrain, Bangalore and most recently Hong Kong, where he held the role of Regional Head (East Asia). He has been Shareholder Director at Central Depository Services (India) Limited since June 28, 2016. He holds a bachelor's degree in Science and a post graduate diploma in Journalism.

Mr. Venkat is a director on the boards of several companies and industry associations. He has been a part of various RBI, SEBI and other committees the latest being Sunil Mehta committee. He appears in print and media.

Yalamanchili Nageshwara Rao Executive Director @ Vijaya Bank

August 28, 2018, 5:29 am

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Yalamanchili Nageshwara Rao (Native of Kanumuru - Krishna dist, AP) has been Executive Director of Vijaya Bank since January 22, 2016. He started his Banking career by joining Vijaya Bank in the year 1985 as Probationary Officer and has over 31 years of rich banking experience. He Joined the Bank as an Officer, he rose to the level of General Manager handling multifarious activities both at the field level as Branch Head and Regional Head and at the Headquarters, handling key functional areas, such as Information Technology, Planning and Development, Risk Management, Merchant Banking, Customer Relations etc., He was also the Director of the Visweswaraya Grameena Bank during 2009-10. He holds a Bachelor’s Degree in Commerce and is fluent in several languages including Russian. A Certified Associate of Indian Institute of Bankers, he has undergone many training programmes at various prestigious institutes like IIM Ahmedabad, IIM Kozhikode etc.

Chintapalli Gayatri Chaitanya Executive Director @ Bank of India

August 28, 2018, 5:35 am

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Chintapalli Gayatri Chaitanya, a postgraduate in agriculture and CAIIB, joined Bank of India as Probationary agricultural officer in June 1985.

He has handled several assignments during his 32 years career with the Bank. Prior to his elevation as Executive Director of Bank of India, Shri Chaitanya was Chief Executive of Bank of India Singapore Centre covering Singapore, Cambodia, Vietnam, Indonesia & Myanmar. Started the career as an agricultural officer Shri Chaitanya handled Managerial position in various branches across the India, thus acquiring all round banking / administrative knowledge. He got wide experience in operations as well as in controlling offices. Shri Chaitanya got wide overseas experience in various capacities including as a Vice President of New York Branch. Besides in depth credit knowledge and experience Shri Chaitanya got very good experience in IT. As a team leader he was instrumental in successful implementation of migration systems from Midas to Midas Plus in New York.

Shri Chaitanya is the key person, who started the Syndication cell as a separate department in Bank of India. He also got wide experience in Project Finance with Technical Appraisal Department. In the process he gained vast experience in Power, Road, Steel, Infra and Manufacturing sectors. Shri Chaitanya also held as head of corporate credit branch.

As Chief Executive of Singapore Centre he initiated various measures very effectively, including regulatory compliances, AML/CFT.

Chintapalli Chaitanya has been elevated as Executive Director of Bank of India with effect from 09th October 2017.    

L.G. Varadarajulu founder of ELGI Group (Asia's largest manufacturer of air compressors)

August 30, 2018, 2:36 am

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L.G. Varadarajulu (December 15, 1928 - May 19, 2010) was born to legendary businessman LRG Naidu and Ranganayakiammal on December 15, 1928 in Kalangal. After completing his studies in automobile engineering at the Arthur Hope's College in Coimbatore, he joined his father's bus transport business in Tirupur. He started manufacturing of automobile garage equipment and air compressors in 1960. He served as the Chairman of the ELGI Group of Companies — Elgi Equipments, Elgi Rubber, Elgi Ultra Industries, and LG Balakrishnan & Bros.

ELGI is today, the market leader and Asia's largest and world’s seventh-largest manufacturer of air compressors and automobile service station equipment.

ELGI's products are used in a wide range of applications in areas ranging from mining, defence, transport, pharmaceuticals, power, oil, railways, chemicals, textiles, printing to ship building, paper, electronics, telecommunications, medical, food & beverages and plastics.

Apart from heading such a big group, he spent his time and energy in running two schools, and contributed to the establishment of medical facilities for the needy through the LGB and LRG trusts.

He is survived by his wife V. Amirtham, sons Sudarshan Varadaraj and Jairam Varadaraj and daughters Vanitha Mohan and Gayathri Balaji.