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Report Date : |
26.09.2012 |
IDENTIFICATION DETAILS
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Name : |
TATA
INSTITUTE OF FUNDAMENTAL RESEARCH |
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Registered Office : |
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Country : |
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Year of Establishment : |
1945 |
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Legal Form : |
It is
an Institute |
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Line of Business : |
To
promote flexible funding of new initiatives at the Institute in research activities
at the forefront of Science, Technology and Mathematics, there was a pressing
need to create a substantial corpus. The Institute Council of Management has
approved the establishment of a general purpose Endowment Fund for this
purpose. Such a Fund could serve to promote extended visits of young and
distinguished scientists in different institutions in the country and abroad
for collaborative research. The Endowment fund collected will also be able to
strengthen the other activities of promoting academic excellence at the
Institute which includes financial support in the form of augmented research
scholarships and additional who would wish to join the Institute for their
doctoral and post doctoral research. |
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No. of Employees
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Information
declined by the management |
RATING & COMMENTS
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MIRA’s Rating : |
A (72) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject
is a National Centre of the Government of India, under the umbrella of the
Department of Atomic Energy. It is Deemed University awarding degree for
master’s and doctoral programs. It is
an established Institute having good track. Available information indicates
high financial responsibility of the subject. Trade
relations are reported as trustworthy. Business is active. Payments are
reported to be regular and as per commitments. The
subject can be considered good for business dealings at usual trade terms and
conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
INDIAN ECONOMIC OVERVIEW
India is developing into an open-market economy, yet traces
of its past autarkic policies remain. Economic liberalization, including
industrial deregulation, privatization of state-owned enterprises, and reduced
controls on foreign trade and investment, began in the early 1990s and has
served to accelerate the country's growth, which has averaged more than 7% per
year since 1997. India's diverse economy encompasses traditional village
farming, modern agriculture, handicrafts, a wide range of modern industries,
and a multitude of services. Slightly more than half of the work force is in
agriculture, but services are the major source of economic growth, accounting
for more than half of India's output, with only one-third of its labor force.
India has capitalized on its large educated English-speaking population to
become a major exporter of information technology services and software
workers. In 2010, the Indian economy rebounded robustly from the global
financial crisis - in large part because of strong domestic demand - and growth
exceeded 8% year-on-year in real terms. However, India's economic growth in
2011 slowed because of persistently high inflation and interest rates and
little progress on economic reforms. High international crude prices have
exacerbated the government's fuel subsidy expenditures contributing to a higher
fiscal deficit, and a worsening current account deficit. Little economic reform
took place in 2011 largely due to corruption scandals that have slowed
legislative work. India's medium-term growth outlook is positive due to a young
population and corresponding low dependency ratio, healthy savings and
investment rates, and increasing integration into the global economy. India has
many long-term challenges that it has not yet fully addressed, including
widespread poverty, inadequate physical and social infrastructure, limited
non-agricultural employment opportunities, scarce access to quality basic and
higher education, and accommodating rural-to-urban migration.
|
Source
: CIA |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2012.
INFORMATION DECLINED BY
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Name : |
Mr. Paitankar |
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Designation : |
Accounts Manager |
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Contact No.: |
91-22-22782335 |
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Date : |
26.09.2012 |
LOCATIONS
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Registered Office : |
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Tel. No.: |
91-22-22804545 / 22782000 |
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Fax No.: |
91-22-22804610 / 22804611 |
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E-Mail : |
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Website : |
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NATIONAL CENTRES: |
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Centre
for Applicable Mathematics
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Post Bag No. 6503, Sharada Nagar, Chikkabommasandra,
Bangalore - 560065, Karnataka, India |
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Tel. No.: |
91-80-66953790 to 95 |
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Fax No.: |
91-80-66953799 |
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E-mail Id : |
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Homi
Bhabha Centre for Science Education
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Near Anushaktinagar Bus Terminus, V.N. Purav Marg, Mumbai
400 088, Maharashtra, India |
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Tel. No.: |
91-22-2555 4712, 2555 5242, 2555 8190 |
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Fax No.: |
1-22-2556 6803 |
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E-mail Id : |
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National
Centre for Biological Sciences
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G.K.V.K. Campus, Bangalore - 560 065, Karnataka, India |
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Tel. No.: |
91-80-23660001 |
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Fax No.: |
91-80-23636662 |
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E-mail Id : |
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National
Centre for Radio Astrophysics
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Pune University Campus, Post Bag No. 3, Ganeshkhind Road,
Pune 411 007, Maharashtra, India |
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Tel. No.: |
91-20-25719000/111 |
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Fax No.: |
91-20-25692149 |
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E-mail Id : |
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FIELD STATIONS |
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National
Balloon Facility
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P.B. No. 5, ECIL P.O., Hyderabad 500 762, Andhra Pradesh,
India |
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Tel. No.: |
91-4027122505/3978/2894 / 2712 4856 |
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Fax No.: |
91-4027123327 (Telefax) |
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E-mail Id : |
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Cosmic
Ray Laboratory
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Rajbhavan, Udhagamandalam (Ooty), The Nilgiris - 643 001,
Tamil Nadu, India |
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Tel. No.: |
91-4232442371/4253/4506 91-4232444110 (Guest House) 91-4232550329/0342 (Grapes Site) |
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Fax No.: |
91-4232442061 |
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E-mail Id : |
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Giant
Metrewave Radio Telescope (GMRT)
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GMRT Project, Post Box No.6, Narayangaon, Taluka Junnar |
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Tel. No.: |
91-2132-252112/3/6/7 |
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Fax No.: |
91-2132-252120 |
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E-mail Id : |
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Gravitation
Laboratory
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c/o BARC Seismic Array Station, Gauribidanur - 561 208, Karnataka,
India |
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Tel. No.: |
91-8155214174/244 (Laboratory) 91-8155582126 (Guest House) |
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Fax No.: |
91-8155282126 |
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High
Energy Gamma Ray Observatory
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Amrak Bunglow, Ravishankar Shukla Marg, Panchmarhi 461
881, India |
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Tel. No.: |
91-7578-252674/431 |
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Fax No.: |
91-7578-52113 (Telefax) |
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E-mail Id : |
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Radio
Astronomy Centre
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P. B. No. 8, Ootacamund - 643001, Tamil Nadu, India |
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Tel. No.: |
91-423-2550334/5 |
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Fax No.: |
91-423-2550135 |
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E-mail Id : |
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MANAGEMENT
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Name : |
Mr. Ratan N. Tata |
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Designation : |
Chairman - Sir Dorabji Tata Trust |
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Address : |
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Name : |
Mr. R. K. Krishna Kumar (Trustee) |
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Designation : |
Sir Dorabji Tata Trust |
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Name : |
Professor C.N.R. Rao, F.R.S. |
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Designation : |
Jawaharlal Nehru Centre for Advance Scientific Research |
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Qualification : |
Indian |
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Name : |
Mr. K. Kasturirangan, F.A.Sc, F.N.A. |
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Designation : |
Director, National Institute of Aadvanced Studies |
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Name : |
Prof. M. Barma |
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Designation : |
Director, Tata Institute of Fundamental Research |
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Name : |
Dr. R. K. Sinha |
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Designation : |
Chairman Atomic Energy Commission ; Secretary to the Govt. of India Department of Atomic Energy |
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Name : |
Mr. V.V. Bhat |
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Designation : |
Member (Finance), Atomic Energy Commission and Space Commission and Earth Commission |
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Name : |
Prof. G.D. Yadav |
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Designation : |
Director, Institute of Chemical Technology |
KEY EXECUTIVES
|
Name : |
Mr. Paitankar |
|
Designation : |
Accounts Manager |
BUSINESS DETAILS
|
Line of Business : |
To promote
flexible funding of new initiatives at the Institute in research activities
at the forefront of Science, Technology and Mathematics, there was a pressing
need to create a substantial corpus. The Institute Council of Management has
approved the establishment of a general purpose Endowment Fund for this
purpose. Such a Fund could serve to promote extended visits of young and
distinguished scientists in different institutions in the country and abroad
for collaborative research. The Endowment fund collected will also be able to
strengthen the other activities of promoting academic excellence at the
Institute which includes financial support in the form of augmented research
scholarships and additional who would wish to join the Institute for their
doctoral and post doctoral research. |
GENERAL INFORMATION
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No. of Employees
: |
Information declined by the management |
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Bankers : |
Not
Divulged |
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Associates/Subsidiaries : |
Tata
Group |
CAPITAL STRUCTURE
NOT AVAILABLE
FINANCIAL DATA
[all figures are
in Rupees Millions]
NOT AVAILABLE
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
11] |
Turnover of firm for last
three years |
No |
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12] |
Profitability for last
three years |
No |
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13] |
Reasons for variation
<> 20% |
-- |
|
14] |
Estimation for coming
financial year |
No |
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15] |
Capital in the business |
No |
|
16] |
Details of sister
concerns |
Yes |
|
17] |
Major suppliers |
No |
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18] |
Major customers |
No |
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19] |
Payments terms |
No |
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20] |
Export / Import details
(if applicable) |
No |
|
21] |
Market information |
-- |
|
22] |
Litigations that the firm
/ promoter involved in |
-- |
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23] |
Banking Details |
No |
|
24] |
Banking facility details |
No |
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25] |
Conduct of the banking
account |
-- |
|
26] |
Buyer visit details |
-- |
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27] |
Financials, if provided |
No |
|
28] |
Incorporation details, if
applicable |
No |
|
29] |
Last accounts filed at
ROC |
No |
|
30] |
Major Shareholders, if
available |
No |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
No |
|
32] |
PAN of Proprietor/Partner/Director,
if available |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
AS PER WEBSITE
DETAILS
History and Archives
The Vision
"It is the duty of people like them to stay in their own country and build up outstanding schools of research such as some other countries are fortunate to possess." This was the vision that guided the Tata Institute of Fundamental Research which Homi Bhabha founded. The Institute was founded on 1st June1945 with support from the Sir Dorabji Tata Trust. The Institute first began functioning within the Cosmic Ray Research Unit on the campus of the Indian Institute of Science, Bangalore and moved to Bombay in October that year.
From Kenilworth to
Colaba
In Bombay the Institute was housed at Kenilworth, a bungalow on Pedder Road. It was inaugurated by Sir John Colville, Governor of Bombay on 19th December 1945. In 1949, as the Institute grew, it found its second home at the Old Yacht Club Building (former home of Royal Bombay Yacht Club) near Gateway of India. The Cosmic Ray Group was the first to start functioning. The Nuclear Emulsion and the Electron Magnetism Group started in 1953. Work in Computer Science and Technology in 1954, and the first pilot machine became operational in 1956. The full scale machine, later named the TIFRAC was commissioned in February 1960.
The foundation stone of the main building at the Colaba campus was laid by Pandit Jawaharlal Nehru in 1954. This constitutes the Institute's main campus at present. The modern building on the seafront with gardens, lawns and a seaside promenade was designed by the Chicago architect, Helmuth Bartsch. The building was inaugurated by Prime Minister Jawaharlal Nehru on 15 January 1962.
The Tripartite
Agreement
In 1955-56 the Tripartite Agreement between the Government of India, Government of Bombay and the Sir Dorabji Tata Trust came into force at the Institute. The Tripartite Agreement envisaged extensive financial support from the Government of India and correspondingly a greater and more permanent representative for it on the Council of Management. Today, more than 99% of the expenditure of the Institute is borne by the Government of India. The Institute comes under the purview of the Department of Atomic Energy through which all grants are chanelled.
Expansion of the
Institute
In the 1960s the Institute expanded to start a Molecular Biology Group and a Radio Astronomy Group. A low temperature facility and a semi conductor group started around the same time. In 1964 a Basic Dental Research Group started which has since discontinued. The 1970s saw the Institute expand to include Theoretical Astrophysics and the Homi Bhabha Centre for Science Education. Over the next two decades the Institute further expanded by founding new national centres: The National Centre for Radio Astrophysics in Pune, The Centre for Applicable Mathematics in Bangalore, The National Centre for Biological Sciences in Bangalore. The latest in such efforts has been the International Centre for Theoretical Sciences which was founded in 2007. The work of the Institute is now carried out in three Schools: the School of Mathematics, the School of Natural Sciences and the School of Technology and Computer Sciences. The Institute was granted the status of a deemed university in 2003.
Directors
In 1966, Homi Bhabha, the founder Director of the Institute died in an air crash. After him, Professor M.G.K Menon became the Director of the Institute. He was succeeded by Professor B.V. Sreekantan in 1975. Professor Virendra Singh became Director in 1987, followed by Professor S.S. Jha in 1997. Professor S. Bhattacharya became the Director in 2002. The present Director is Professor Mustansir Barma.
About the TIFR Logo
The new TIFR logo is minimalist and modern. It admits a variety of interpretations. Three tapering bands curve clockwise and enclose a solid circle. The eye is led to imagine an enclosing rectangle. The logo admits a variety of interpretations, some mundane, others perhaps fanciful. Waves rise up out of the sea and sweep dramatically upward to the sun, representing soaring aspiration while highlighting the sea-face location of TIFR's main campus. But the circle could also represent the moon of truth, or the earth raised up on the swell of scientific knowledge. In a mathematical perspective the bands pass tangentially to the most perfect geometrical figure and perhaps converge at infinity. In a physical view the logo may represent wave-particle duality. Equally it may suggest quantum levels in chemistry, or planetary orbits in astronomy, or flagella in biology. Or it can depict the three schools of TIFR - Natural Sciences, Mathematics, and Technology and Computer Science, merging into a common entity. But any of these would only be a possible interpretation.
The logo has been designed by Mr. Montosh Lall, a 1983 graduate of the J.J. Institute of Applied Art in Mumbai who has designed logos for the Government of India, for international organisations in Europe and the U.S., and for industrial clients. He operates a graphic design studio in Mumbai.
Services
The Tata Institute of Fundamental Research is a National Centre of the Government of India, under the umbrella of the Department of Atomic Energy, as well as a deemed University awarding degrees for master's and doctoral programs. At TIFR, they carry out basic research in physics, chemistry, biology, mathematics, computer science and science education. Their main campus is located in Mumbai, but they have additional campuses in Pune, Bangalore and Hyderabad.
PRESS RELEASE
SCIENCE NEWS
DYNAMICS OF MOLECULAR
NEGATIVE IONS UNRAVELLED
27-FEBRUARY-2012
lectron collision with atoms and molecules is one of the most efficient ways of transferring kinetic energy into potential energy thereby initiating and enhancing chemical reactions. This is at play in a variety of natural processes and in laboratory as well as industrial applications. While electron impact ionization is an important channel in this energy transfer process, other inelastic processes dominate at low energies where ionization is energetically disallowed. A wide variety of processing plasmas used for various industrial purposes like lighting, semiconductor etching, plasma assisted chemical vapour deposition, gas lasers, pollution control and nanolithography are examples where all these electron induced processes play a decisive role. It is also realized that the electron induced processes are the inevitable links in the creation of molecules, including biological molecules in interstellar medium and radiation damage in biological systems. For example, the initial atomic or molecular process is ionization when highly energetic charge particles or gamma rays interact with a medium. Through the cascade of ionization by the ejected electrons, the number of free low energy electrons increase multifold. These low energy electrons are very efficient in producing negative ions, atoms and radicals, and vibrationally and electronically excited molecules. Being highly reactive, these species readily take part in further chemical reactions. In many processes induced by electrons, they are not just mere carriers of energy but they can induce reactions which cannot be triggered using photons of the same energy as well as those transitions which are spin forbidden. The process that dominates the creation of these reactive species when a low energy electron interacts with a molecule is the formation of electron-molecule resonances, which are excited states of molecular negative ions and are transient in nature.
The decay dynamics of these transient molecular negative ion states determine the nature of the reactive products. This transient ion may decay either through ejection of the extra electron (called autodetachment) or through dissociation. The decay through autodetachment generally leaves the molecule in excited vibrational and/or electronic state. The decay through dissociation produces a stable negative ion and one or more neutral radicals. Thus both the decay processes, starting from electron attachment, produce molecules with excess internal energy or radicals and negative ions all of which are chemically very reactive. Since the nature of the chemical reaction will be dependent on the reactants, the decay dynamics of the transient molecular negative ion play the decisive role in determining the final products. Electron energy loss spectroscopy has been used to determine the vibrational and electronic excitation of the molecules. The resonant attachment followed by dissociation of the molecule which is called dissociative electron attachment (DEA) has been studied using negative ion mass spectrometry. Both these channels have been studied extensively in the last century. The discovery at the turn of the century that low energy electrons play a crucial role in radiation damage of DNA by DEA mechanism renewed the interest in the field of low energy electron interaction with molecules.
At TIFR, we have shown that this competition between the two modes of decay of the transient molecular negative ion provides selectivity in the bond cleavage [1]. Here, the electron energy is used as the parameter that controls the dissociation pattern. It is a well-known fact that the selectivity in the bond cleavage in a molecule can be achieved on the basis of how much energy is provided to it. This is based on the fact that depending on their strength, various bonds in a molecule require different amount of energy to break them. However, the most interesting aspect of our discovery of site selective cleavage of bonds using low energy electrons is the existence of this selectivity at energies considerably higher than that required to break any of the individual bonds. For example, in a molecule like acetic acid (CH3COOH), the minimum energy required to break the O-H bond by electron attachment is 4 eV and that for the C-H bond is 3.5 eV. But the selectivity seen in breaking these bonds is at energies larger than 6 eV (at 6.5 eV only O-H bond breaks and at 9.5eV predominantly C-H bond breaks).
In order to use this selectivity towards controlling any further reaction, it.s important to study the molecular dynamics that causes this effect. It is also important to know the underlying dynamics for fundamental understanding of the process. To that end, we have developed a technique of momentum imaging called Velocity Slice Imaging (for low energy electron interaction) which is an adaptation of the well-known Velocity Map Imaging (VMI) [2]. In the VMI technique [3], fragment ions formed in the interaction volume (here the region of the electron and molecular beam overlap) are extracted, mass analysed using specially built time of flight mass spectrometer and detected on a two-dimensional position sensitive detector. The mass spectrometer provides the electrostatic fields that forces the ions with a specific set of velocities, hit at a fixed point on the detector irrespective of their point of origin. The velocity (magnitude and direction) distribution (known as the Newton sphere) of the ions appears as a disc on the detector if their time of arrival is not recorded. The original distribution of the Newton sphere of the product ions at the time of their formation is obtained by inverting the patterns obtained from two-dimensional image (the VMI data) using appropriate inversion programs. These programs use the fact that the collision interaction has a cylindrical symmetry about the projectile (here electrons) propagation direction. This technique employs a DC electric field in order to extract the ions from the interaction region and has been in use in photodissociation and photoionization experiments.
In the technique that we developed, the ions are made to fall on the detector in the similar pattern as that in VMI. However, the time of arrival and position of each ion is recorded separately. Since we use low energy electrons as projectiles, the use of DC electric field for extracting the ions from the interaction region is ruled out. This forces us to use the electrons in a narrow but well defined pulse, followed by a pulsed electric field. However, we have converted this handicap to our benefit. In order to record the time of arrival of the ions accurately across the Newton sphere, it needs to be stretched along the flight direction. We achieve this by using a time delay between the electron pulse and the ion extraction field. From the individually recorded position and time of arrival of the ions, the entire Newton sphere is directly read out.
The results of these measurements are the momentum distribution patterns for fragment ions shown in the figure. Here the square of the radial distance of a point in the pattern gives the measure of the initial kinetic energy of the ions. The colour of a pixel indicates the number of fragment ions formed with that specific kinetic energy and ejected in that particular direction. From such images, we determine the initial kinetic energies of the ions formed as well as the direction in which they get ejected with respect to the direction of the incoming electrons. The distributions of these kinetic energy values and the directions of the fragment ejection (also called as angular distribution) are used to understand the dynamics of the dissociation of the parent negative ion by further analysis.
By imaging the momentum distributions of the H- and O- fragments using this technique as shown in the figure, the dynamics of the DEA process in water has been unravelled to a great extent. For more information, please refer to [4].
References:
1. "Functional group dependent site specific fragmentation of molecules by low energy electrons", Vaibhav S. Prabhudesai, Aditya H. Kelkar, Dhananjay Nandi and E. Krishnakumar, Phys. Rev. Lett. 95, 143202 (2005).
2. "Velocity slice imaging for dissociatve electron attachment experiments" Dhananjay Nandi, Vaibhav S. Prabhudesai, E. Krishnakumar, and A. Chatterjee, Rev. Sci. Instrum. 75, 053107 (2005).
3. "Imaging molecular dynamics", Edt. Benjamin J. Whitaker, Cambridge University press, Cambridge, UK (2003).
4. Comment on "Imaging the Molecular Dynamics of Dissociative Electron Attachment to Water" N. Bhargava Ram, Vaibhav S. Prabhudesai, and E. Krishnakumar Phys. Rev. Lett. 106, 049301 (2011); "Resonances in Dissociative Electron Attachment to Water" N. B. Ram, Vaibhav S. Prabhudesai, and E. Krishnakumar, J. Phys. B: At., Mol., Opt. Phys. 42, 225203 (2009); "Dynamics of the dissociative electron attachment in H2O and D2O: the A1 resonance and axial recoil approximation" N. Bhargava Ram, Vaibhav S Prabhudesai and E. Krishnakumar, J. Chem. Sci. (2012) in press.
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction registered
against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority for
any financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.53 |
|
|
1 |
Rs.86.82 |
|
Euro |
1 |
Rs.69.03 |
INFORMATION DETAILS
|
Information
Gathered by : |
PJA |
|
|
|
|
Report Prepared
by : |
BSN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
8 |
|
PAID-UP CAPITAL |
1~10 |
8 |
|
OPERATING SCALE |
1~10 |
8 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
8 |
|
--PROFITABILIRY |
1~10 |
8 |
|
--LIQUIDITY |
1~10 |
8 |
|
--LEVERAGE |
1~10 |
8 |
|
--RESERVES |
1~10 |
8 |
|
--CREDIT LINES |
1~10 |
8 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
72 |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
- |
NB |
New Business |
- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.