MIRA INFORM REPORT

 

 

Report Date :

26.07.2013

 

IDENTIFICATION DETAILS

 

Name :

TATA MEMORIAL CENTRE (ACTREC)

 

 

Registered Office :

Dr. E Borges Road, Parel, Mumbai – 400012, Maharashtra

 

 

Country :

India

 

 

Year of Establishment:

1941

 

 

Legal Form :

Research Centre

 

 

Line of Business :

Cancer Research Centre.

 

 

No. of Employees :

Information declined by the management

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (51)

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is an established medical centre commissioned by Sir Dorabji Tata Trust on 28 February 1941. Later in 1957 the hospital was taken over by the ministry of health (Government of India)

 

Our executives were unable to contact the subject.

 

So no detail could be made available.

 

However, ratings take into consideration the strong support provided by the Government of India.

 

The subject can be considered normal 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.

 

 

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

 

Management Non – Cooperative (91-22-24177000)

 

LOCATIONS

 

Registered Office :

Dr. E Borges Road, Parel, Mumbai – 400012, Maharashtra, India

Tel. No.:

91-22-24177000

Fax No.:

91-22-24146937

E-Mail :

 info@tmcmail.org

tmcit1@vsnl.com

Website :

www.tmc.gov.in

 

MANAGEMENT

 

Name :

Dr. R.A. Badwe

Designation :

Director

 

 

Name :

Dr R Sarin

Designation :

Director

 

 

Member:

Dr. K.B.Sainis, PhD

Designation:

Chairperson

Affiliation:

Director, Biomedical Group, BARC, Trombay, Mumbai-85.

Role:

Basic Scientist

 

 

Member:

Dr. Tapan Saikia, MD

Designation:

Co-Chairperson

Affiliation:

Medical Oncologist, Prince Aly Khan Hospital

Role:

Clinician

 

 

Member:

Dr. Vikram Gota, MD

Designation:

Member secretary

Affiliation:

Clinical Pharmacology, ACTREC

Role:

Clinical Pharmacologist

 

 

Member:

Dr. Rita Mulherkar, PhD

Designation:

Member

Affiliation:

Scientist, ACTREC

Role:

Basic Scientist

 

 

Member:

Dr. Sorab Dalal, PhD

Designation:

Member

Affiliation:

Scientist, ACTREC

Role:

Basic Scientist

 

 

Member:

Dr. Abhijit De, PhD

Designation:

Member

Affiliation:

Scientist, ACTREC

Role:

Basic Scientist

 

 

Member:

Dr. Nobhojit Roy, MS

Designation:

Member

Affiliation:

Surgeon, BARC Hospital

Role:

Clinician

 

 

Member:

Dr. Reena Nair, MD

Designation:

Member

Affiliation:

Medical Oncologist, Tata Memorial Hospital

Role:

Clinician

 

 

Member:

Dr. Kumar Prabhash, MD, DM

Designation:

Member

Affiliation:

Medical Oncologist, Tata Memorial Hospital

Role:

Clinician

 

 

Member:

Dr. Asawari Patil, MD

Designation:

Member

Affiliation:

Pathologist, Tata Memorial Centre

Role:

Clinician / Medical Scientist

 

 

Member:

Dr. Vedang Murthy, MD

Designation:

Member

Affiliation:

Radiation Oncologist, ACTREC

Role:

Clinician

 

 

Member:

Dr. Amit Sengupta, MD, PhD

Designation:

Member

Affiliation:

Biomedical Engineer, ACTREC Gynecologist, CGHS

Role:

Clinician / Medical Scientist

 

 

Member:

Dr. Mahesh Mohite, MD

Designation:

Member

Affiliation:

Pediatrician, Mohite Hospital, Panvel

Role:

Clinician

 

 

Member:

Dr. Tejpal Gupta, MD

Designation:

Member

Affiliation:

Radiation Oncologist, ACTREC

Role:

Clinician

 

 

Member:

Dr. Aliasgar Moiyadi, MS, MCh

Designation:

Member

Affiliation:

Surgical Oncologist, ACTREC

Role:

Clinician

 

 

Member:

Dr. B.B. Singh, LLB, PhD

Designation:

Member

Affiliation:

Advocate, Mumbai High Court

Role:

Legal Expert

 

 

Member:

Dr. Bakhtaver Mahajan, PhD

Designation:

Member

Affiliation:

Indian Women Scientists Association (IWSA)

Role:

Social Scientist

 

 

Member:

Mrs. Sadhana Kannan, M.Sc

Designation:

Member

Affiliation:

Statistician, ACTREC

Role:

Medical Scientist

 

 

Member:

Mr. T.B.Sheshshai

Designation:

Member

Affiliation:

Retired BARC Employee

Role:

Theologian

 

 

Member:

Mrs. Karuna Jaggi, MA

Designation:

Member

Affiliation:

Freelance Counselor

Role:

Lay person

 

 

Member:

Dr. R. Munagekar

Designation:

Member

Affiliation:

Pathologist and Medicolegal Consultant, Sadhana Pathology Laboratory

Role:

Legal Expert

 

 

Member:

Mrs. Tyeba Bilgrami

Designation:

Member

Affiliation:

St. Jude Childcare Centre

Role:

Lay person

 

 

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

No

8]

No. of employees

No

9]

Name of person contacted

No

10]

Designation of contact person

No

11]

Turnover of firm for last three years

No

12]

Profitability for last three years

No

13]

Reasons for variation <> 20%

--

14]

Estimation for coming financial year

No

15]

Capital in the business

No

16]

Details of sister concerns

No

17]

Major suppliers

No

18]

Major customers

No

19]

Payments terms

No

20]

Export / Import details (if applicable)

No

21]

Market information

--

22]

Litigations that the firm / promoter involved in

--

23]

Banking Details

No

24]

Banking facility details

No

25]

Conduct of the banking account

--

26]

Buyer visit details

--

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

 

The origins of the Advanced Centre for Treatment, Research and Education in Cancer (ACTREC) are rooted in the Indian Cancer Research Centre (ICRC), which was established in 1952 in Parel, Mumbai, under the purview of the Ministry of Health, Government of India. In 1966, ICRC was renamed the Cancer Research Institute (CRI) and amalgamated with the Tata Memorial Hospital (TMH), creating the first comprehensive cancer centre in India - the Tata Memorial Centre (TMC), an autonomous grant-in-aid institution of the Department of Atomic Energy (DAE), Government of India.

 

Over the years, as the institute grew in repute and staff strength, with several new disciplines introduced into its repertoire, an acute shortage of space led to the search for a larger campus. The ACTREC project was conceptualized by the DAE in November 1983. During the period 1985-1987, DAE acquired a huge 60 acre plot of land from CIDCO in Navi Mumbai, the newly developing city across the harbour, and it was decided to set up a much larger institute on this campus.

 

The foundation stone for this campus - the Advanced Centre for Treatment, Research and Education in Cancer (ACTREC), located near the foothills of the Sahyadri mountain ranges in Kharghar, Navi Mumbai, was formally laid in May 1997 by Dr. R. Chidambaram, Chairman, AEC and Secretary, DAE. In August 2002, in its 50th year, CRI moved in toto from Mumbai to Navi Mumbai to become the basic research wing of ACTREC, and started functioning from its new premises at Kharghar. In December 2002, CRI celebrated its Golden Jubilee, with the pledge to 'not remain content' with its stature and recognition worldwide as the premier Indian institute conducting research on cancer, but to scale new heights at its ACTREC campus.

 

Today, ACTREC serves as a new state-of-the-art R and D satellite of TMC and has the specific mandate to function as a national centre for treatment, research and education in cancer. ACTREC, which at present comprises of the basic and clinical research wings and a 50-bed hospital, will carry out mission-oriented research and development on cancers prevalent in the Indian sub-continent, and where there are internationally competitive opportunities, will use state-of-the-art technology in partnership with TMH.

 

 

NEWS

 

C-DAC, TATA MEMORIAL CENTRE COLLABORATE FOR CANCER RESEARCH

FEBRUARY 15, 2012

The Centre for Development of Advanced Computing (C-DAC) is collaborating with Tata Memorial Centre for undertaking high-end research in the field of cancer through its supercomputing facility.

“Finding answer to cancer cure is a challenge before us. We have tied up with Tata memorial Centre for high-end cancer research. While they will do the clinical research, we will provide the supercomputing facility to undertake greater volume of research,” Associate Director and Head of the Department (HOD)-Bioinformatics C-DAC, Pune, Rajendra Joshi told reporters here on Tuesday.

C-DAC has also come up with a new dedicated super computing cluster - Biochrome, which would help undertake more complicated research work in the field of life sciences at much higher speed and lesser energy consumption.

The Bioinformatics Resources and Applications Facility (BRAF) at C-DAC is an effort towards providing high-end supercomputing facility to the researchers working in the areas of life sciences. BRAF is funded by the central government.

Biochrome will be formally launched on Wednesday at a symposium on 'Accelerating Biology 2012: Computing to Decipher'.
“The availability of hundreds of genomes in a short time is expected to revolutionise area of medical diagnostics and health care,” Joshi said.

This tsunami of data has led to a sea change in the storage and computing requirements. In order to gear up to tackle these challenges most biologists are adopting the use of cyber infrastructure, he added.

The cluster has a peak computing capacity of 5 TeraFlop with 504 computing cores using 6 core Intel Xeon 2.67 GHz processor.

Apart from Tata Memorial Centre, Centre for Development of Advanced Computing is also collaborating with organisations like National Cancer Institute (NCI) of National Institutes of Health (NIH) (USA), Roslin Institute (UK), University of Edinburgh (UK), National Centre for Cell Science (Pune), University of Pune and National Chemical Laboratory (Pune) for advanced research in life sciences.

 


 

CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

1]         INFORMATION ON DESIGNATED PARTY

No 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 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.59.45

UK Pound

1

Rs.91.24

Euro

1

Rs.78.44

 

 

INFORMATION DETAILS

 

Information Gathered by :

SVA

 

 

Report Prepared by :

KVT

 


 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

7

PAID-UP CAPITAL

1~10

6

OPERATING SCALE

1~10

7

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

6

--PROFITABILIRY

1~10

5

--LIQUIDITY

1~10

5

--LEVERAGE

1~10

5

--RESERVES

1~10

5

--CREDIT LINES

1~10

5

--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

NO

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

DEFAULTER

 

 

--RBI

YES/NO

NO

--EPF

YES/NO

NO

TOTAL

 

51

 

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

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.