N-Pollution on the seas? No, says Jayanthi

There is no increase in the pollution level from radioactive substances on sea water. This has been reported by the Department of Atomic Energy (DAE), The Environmental Survey Laboratories (ESL) are installed at all atomic power station sites and the mining sites under DAE well before the commissioning of the facility. ESLs carry out pre-operational survey to establish the pre-operational baseline radioactivity levels in and around the site. During operation of the reactor, environmental samples such as air, water (including sea water wherever applicable), surface water, soil, vegetations, agricultural produces, milk, meat and other dietary products are collected periodically and analyzed for radioactivity.

Responding to a question by Bhudeo Choudhary in Lok Sabh today, Minister of State for Environment and Forests Jayanthi Natarajan in a written reply said ESLs are equipped with highly sensitive instruments and sufficient infrastructure to analyze extremely low levels of radioactivity in environmental samples. The radioactivity levels in environmental samples are compared with pre-operational values in the respective matrix. The studies carried out at various power station sites have clearly indicated that there is no build up of radioactivity in any of the environmental matrix and the same is true for the sea water for the facilities situated at coastal sites like Tarapur and Kalpakkam. The annual dose to the general public from reactor effluents are extremely low and are far below the regulatory limits prescribed by Atomic Energy Regulatory Board (AERB).

A systematic environmental monitoring carried out regularly ensures management of environmental activity in the public domain and helps in keeping it well below the prescribed limit of AERB.

AERB enforces strict regulation on the limits of radioactivity released to public domain. The plant management ensures its compliance. Regular monitoring is done by the ESL and the results are submitted to the AERB.

Green buildings: CREDAI, TERI ink MoU

Dr. RK Pachauri Director General, TERI and Mr. Lalit Kumar Jain, National President CREDAI, jointly sign the MoU and announce the partnership
NEW DELHI,November 25, 2011 (Business Wire India: In an endeavor to strengthen the green building movement in India and promotion of GRIHA with the members and associates of CREDAI, the Association for Development and Research on Sustainable Habitats (ADaRSH) and Confederation of Real Estate Developers’ Associations of India (CREDAI) have signed a memorandum of understanding declaring that both shall cross-market & facilitate wherever appropriate, each other’s services to promote and accept the GRIHA Rating system as the reference standard for determining incentives, educating and promoting green buildings in India.


Both CREDAI and ADaRSH would jointly approach municipal bodies to come up with incentives for green buildings and accept GRIHA as the reference standard for determining the incentives. The Pimpri Chinchwad Municipal Corporation (PCMC) has already set an example by announcing mandatory compliance of their future government projects with GRIHA, and soon other municipal bodies are also expected to join the movement.


GRIHA – (Green Rating for Integrated Habitat Assessment) is India’s national rating system for sustainable habitats. It is an indigenous system designed and developed by the MNRE (Ministry of New and Renewable Energy) in collaboration with TERI (The Energy and Resources Institute). ADaRSH has trained over 10,000 professionals, students, and government officials in various capacities on green habitats in the Indian context. ADaRSH firmly believes in equipping professionals and the real estate industry with the requisite skills to design and build sustainable habitats, such that dependency on a handful of green building professionals is minimized.


ADaRSH- (Association for Development and Research of Sustainable Habitats) is an independent society, registered under the Societies Act, 1860 for the interaction on scientific and administrative issues related to sustainable habitats in the Indian context. It was founded jointly by MNRE (Ministry of New and Renewable Energy, Government of India) and TERI (The Energy and Resources Institute, New Delhi) along with a handful of experts in the fields related to sustainability of built environment from across the country. ADaRSH promotes GRIHA – The National Rating System (Green Rating for Integrated Habitat Assessment) as a design and evaluation tool for green buildings and habitats.

Aanjaneya Lifecare IPO opens on May 09 - Price band Rs 228-Rs 240

Mumbai, May 03: Aanjaneya Lifecare Limited, a vertically integrated pharmaceutical company, is entering the Indian Capital Markets with its Initial Public Offer  of 50,00,000 Equity Shares of Rs. 10 each for cash at a price band of Rs 228  to Rs 240.

The Issue will be through a 100% Book Building process which will constitute 39.76 % of the fully diluted post issue paid-up capital of the Company. Not more than 50% of the Issue shall be allocated on a proportionate basis to qualified institutional buyers (QIBs), not less than 15% of the Issue shall be available to non-institutional bidders and not less than 35% of the Issue shall be available to retail individual bidders.

The Company would use the proceeds of the issue for the following purposes:

·        Setting up of Anti Cancer API Facility at Mahad, Maharashtra

·        Setting up of cGMP Block for APIs at Mahad, Maharashtra

·        Setting up of Intermediate API Block at Mahad, Maharashtra

·        Expansion of its existing Research and Development centre at Mahad and Pune, Maharashtra

·        Setting up of a Quality Control and Quality Assurance Block at Mahad, Maharashtra

·        Setting up of Product Development Laboratory at Mahad, Maharashtra

·        Setting up of Stores Building at Mahad, Maharashtra

·        Meeting the Expenses for Branding and Registration of Products in the International Markets

Anand Rathi Advisors Limited and IDBI Capital Market Services Limited are the Book Running Lead Managers to the Issue.

About Aanjaneya Lifecare Limited:

Aanjaneya Lifecare Limited (the “Company) is a vertically integrated pharmaceutical company with manufacturing and marketing capabilities in APIs (Active Pharmaceutical Ingredients) with focus on anti-malarial, and Finished Dosage Forms (FDFs) catering to various therapeutic segments. The Company’s present product portfolio consists of second generation, quinine based anti malarial APIs and third generation artemisinin based anti malarial APIs, niche API’s and FDFs. In the formulation segment, as contract manufacturer, the Company supply to companies like Wockhardt, Cipla, Glenmark etc. In its own branded generic segment, the Company is offering products like Anjtil, Rankorex, Doktor Qure, Prosils, LivChek, Herbal Drops and Esyhil. Further, in 2011, the Company has also launched products like Aanrich, Actipros, Ulsacare, Apticatch, Anjeniya Curcumacare, and Nicco-nil amongst others.

The total income of the Company has grown from Rs. 2,238.43 lacs in FY 08 to Rs. 16,935.66 lacs in FY 10 at a CAGR of 175.06 %. The Profit after tax of the Company has grown from Rs. 231.90 lacs in FY 08 to Rs. 1,507.93 lacs in FY 10 at a CAGR of 155.01 %. The total income and profit after tax of the Company for the ten month period ended January 31, 2011 was Rs. 29,257.61 lacs and Rs. 3,111.19 lacs respectively.

CREDAI calls for time-bound action to fight corruption

·        “We are hurt to be branded as corrupt”, says CREDAI President

·        Govt systems, procedures lead to frustration and corruption

·        Single window for clearances, code of conduct for developers mooted

SINGAPORE: Hurt and insulted by wild allegations of corruption against the real estate sector, CREDAI (Confederation of Real Estate Developers Associations of India) has presented a time-bound programme to the government to tackle the menace.

Mr Lalitkumar Jain (left) and other CREDAI
team members cheering Kamalnath

The Confederation today presented a time-bound action plan to Union Urban Development Minister Mr. Kamalnath at the two-day 11^th National Conference (NATCON) of CREDAI at Singapore.

CREDAI national president Mr. Lalitkumar Jain, in his speech, regretted that the developer community was being branded as being corrupt and sought an appointment with the Prime Minister to discuss ways and means to check the cancer of corruption instead of indulging in blame game.

This country is, sadly though, rated to be one of the most corrupt nations of the world. Any citizen of this great country will feel hurt and humiliated. The Real Estate Sector is rated to be the biggest contributor to this notoriety. As a responsible citizen and an honest businessman I and all my colleagues in real estate feel greatly insulted,” Mr Jain said.

“With a great sense of responsibility I must say that we the developers are the victims of the system and not the beneficiaries," he said and lamented that the real estate sector was being branded as the breeding ground for black money and corruption.

“We hate this system which makes us look ugly”, Mr Jain said pointing out that it is the various government procedures and delays in clearances that rise to corruption. “We curse every person who exploits us to give us a legitimate permission which we deserve instantly and without any illegitimate demand.”

Delving into the issue of the long process of clearances, he said this process involved connecting with more than 150 people in about 40 departments of central, state government and municipal corporations. “After investing heavily in to land cost, even a day’s delay in approvals adds to the costs. And in desperation and when speed becomes important, the concept of speed money creeps in,” he pointed out.

“Each and every developer has to go through the frustrating processes of getting approvals and this is the mother of all problems. We have to obtain more than 40 certificates, NOCs, and clearances. This takes anything between 2 to 3 years. Each person in the system cashes in on the desperation of developers. As you all are aware, this business of ours is highly capital intensive,’ he said.

The McKinney report to the Government of India as long ago as in 2001 said that land approval related hurdles are costing 40% higher to home cost, he said.

Hence, instead of blaming it on anybody, CREDAI decided to get into the roots and find a solution as a top priority agenda and launched a revolutionary concept – Mission Transparency. The campaign, launched a month ago, has been evoking tremendous response from among not only stake holders, but the media, he said.

CREDAI presented two key documents to Mr Kamalnath at the NATCON – a compilation of best practices by some state governments that can be emulated by the rest of the country and a comprehensive checklist for approvals.

Mr Jain urged the Centre to have the Best Practices document circulated among all States by the Independence Day this year and finalise the comprehensive checklist by the next Republic Day after consultation with the various Central and State government departments and even the municipal corporations and development authorities across the country.

“One year from today, we should have the new systems in place to be implemented,” he said.

For the developer community, he said CREDAI would launch an aggressive nationwide campaign to sensitize the governments, NGOs, media and citizens at large on the issue. “It is our conviction that the developers are builders of the Nation as they will be the most important stake holders in urban development of the country. We also are responsible citizens of the country and will like to conduct our businesses with utmost diligence, dignity and above all honesty.

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Resist corruption, Antony tells forces' top brass

Antony Asks Top Brass Not to Succumb to Corrupt Practices by Vested Interests

NEW DELHI: The Defence Minister Mr AK Antony today called upon the top brass of the Army and Air Force not to succumb to corrupt practices indulged by vested interests in the garb of ‘aggressive marketing’. Addressing the Commanders of the two Forces separately here, Mr Antony asked them to strive for probity and fair play in their day to day dealings.

“Time and cost overruns apart, there is always the danger of falling prey to corrupt practices perpetrated by vested interests in the garb of aggressive marketing. I strongly urge you all to stand guard with resolve against any such overtures. You must strive to uphold sincerity, probity and fair play, even in your day to day administrative work”, Mr Antony told Army Commanders.

Giving a bird’s eye view of global security scenario, Mr Antony said political disturbances in West Asia and North Africa have forced fresh challenges for global security. Any adverse developments will without doubt have a far reaching effect on the energy security and overall security of the nations across the world.

Mr Antony said that the government remains fully committed to the modernization of the Armed Forces and upgrading of infrastructure. He said, for far too long, we have remained over dependent on foreign equipment. Saying ‘”no nation will ever part with its first generation equipment”, he observed that modernization and indigenization must proceed apiece. “If our efforts to achieve self-reliance are to assume greater relevance, our soldiers, scientists and the defence industry must regularly consult each other – at every stage of designing, manufacturing and production of equipment to minimize procedural delays and understand each other’s requirements.“

Speaking to the Air Force Commanders earlier in the morning, Mr Antony said :

“At times, vested interests bring about unnecessary pressure and resort to corrupt practices that can wreak serious havoc upon our security in more ways than one. We must resist such efforts collectively and resolutely in National interests. Even though I have full faith in your capacity and ability to uphold our security interests, I strongly urge you to remain vigilant, cautious and alert to any wrongdoing at all times. “

Referring to flight safety, the Defence Minister urged the Air Force top brass to ensure that the Standard Operating Procedures are followed diligently at all times. He said, the possibility of human error must be minimized and if possible, eliminated. Mr Antony complimented the Air Force for their commendable work in providing humanitarian assistance both home and abroad. He recalled the yeoman’s service rendered by the Air Force in the aftermath of the flash floods in Leh last August.

The Defence Minister complimented both the Services for their contribution in ensuring that the entire allocated amount for capital expenditure in the defence budget was spent for the first time in the last financial year. He said, this must become a normal trend from now on. Mr Antony, however, urged the commanders that there should not be any wasteful expenditure and concerted efforts must be made to reduce revenue expenditure.