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Report Date : |
05.02.2014 |
IDENTIFICATION DETAILS
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Name : |
INDIAN INSTITUTE OF TROPICAL METEROLOGY |
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Registered
Office : |
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Country : |
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Financials (as
on) : |
31.03.2012 |
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Date of
Foundation : |
17.11.1962 |
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Capital
Investment / Paid-up Capital : |
Rs.2147.640 Millions |
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Legal Form : |
Scientific Research Institute |
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Line of Business
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To study the fundamental atmospheric problems and understand the
mechanism of monsoon, weather systems and climate related processes in the
tropical region, particularly over the monsoon region. |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ba (45) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
Large |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
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Comments : |
Subject is the Organization of Scientific Research of the Government
of India having satisfactory track record. It is a World Centre of Excellence in Basic Research on the
Ocean-Atmosphere Climate System required for improvement of Weather and
Climate Forecasts. Business is active. Payment terms are reported to be usually correct. The subject can be considered normal for business dealing 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.
ECGC Country Risk Classification List – December 1, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
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India |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
The services sector, the largest contributor to India’s GDP, contracted
for the sixth consecutive month in December, as orders dipped. However, hiring has
risen. Direct tax collections rose 12.3 % during the April – December
period of the current financial year. The government has decided to
retain 100 per cent foreign direct investment in both greenfield (new) and
brown field (existing) pharmaceutical companies, despite concerns over genetic
drugs going out of production, if multi-national companies take over domestic
ones. In M&A deals, a non compete clause would not be allowed, except in
special circumstances. The Department of Industrial Policy and Promotion plans
to release the next edition of its consolidated foreign direct investment
policy document on March 31, incorporating changes made in the past year. DIPP
compiles all policies related to India’s FDI regime into a single document to
make it easy for investors to understand. 185 million estimated number of
mobile internet users in India by June 2014, according to a report by the
Internet & Mobile Association of India and IMRB International. India
had 110 million mobile internet users with 25 million in rural areas. $3.77 tn
estimated global IT spending in 2014, according to research firm Gartner Inc.
The growth forecast for this year is cut to 3.1 %from the earlier estimate of
3.5 %. The spending growth forecast for telecom services – a segment that
accounts for more than 40 % at total IT spending – from 1.9 per cent to 1.2 per
cent is the main reason for this overall IT cut. A Reserve Bank of India
committee has recommended setting up a special category of lenders who would
cater to small businesses and households, to expand the number of customers
with access to banking services. These banks would focus onproviding payment
services and deposit products. Indian banks want the free use of
automated teller machines to be capped at five transactions in a month
including that of the bank in which the account is active. This follows state
government order to banks to install security guards at ATM booths after a
woman banker was assaulted in Bangalore. The government is likely to present a
vote on Account in mid-February. The annual Economic Survey will be tabled
later in Parliament along with the full Budget. A full Budget for 2014/15 is
likely to be present in July by the new government formed after the General
Election. The government will soon launch an internet spy system, called Netra,
to detect malafide messages. Security agency will deploy the system to capture
dubious voice traffic on applications such as Skype and Google Talk, as well as
tweeters.
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.
LOCATIONS
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Registered Office : |
Dr. Homi Bhabha Road, Pashan, Pune-411008, Maharashtra, India |
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Tel. No.: |
91-20-25904200 |
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Fax No.: |
91-20-25865142 |
MEMBERSHIP
|
Name : |
Dr. R.R. Kelkar |
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Designation : |
Chairman cum Director General of Meteorology [Retd.] |
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Address : |
C-7/22, Niranjan Complex, Sus Road, Pashan, Pune-411021, Maharashtra,
India |
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Name : |
Prof. P.R. Pisharoty |
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Designation : |
Former Directors |
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Name : |
Prof. R. Ananthakrishnan |
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Designation : |
Former Directors |
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Name : |
Dr. K.R. Saha |
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Designation : |
Former Directors |
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Name : |
Dr. Bh. V. Ramana Murthy |
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Designation : |
Former Directors |
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Name : |
Mr. D.R. Sikka |
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Designation : |
Former Directors |
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Name : |
Prof. R.N. Keshavamurty |
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Designation : |
Former Directors |
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Name : |
Dr. G.B. Pant |
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Designation : |
Former Directors |
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MEMBERS: |
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Name : |
Prof. J. Srinivasan Senior Professor Chairman, Mechanical Science Division Centre for Atmospheric and Oceanic Sciences and Mechanical Engineering
Institute of Science Bangalore-560012, Karnataka, India Dr. M. Sarin Senior Professor Department of Planetary and Geosiences Physical Research Laboratory Navrangpura, Ahmedabad-380009, Gujarat, India Dr. K. Krishnamoorty Director and Project Director, ARFI and ICARB Space Physics Laboratory
Vikram Sarabhai Space Centre (VSSC, Trivandrum-695022 Dr. M. Rajeevan Scientist/Engineer SG National Atmospheric Research Laboratory SVU Campus, Post Box 123, Tirupati-517502, Andhra Pradesh, India Dr. A.B. Muzumdar ADGM (R), India Meteorological Department, Shivajinagar, Pune-411005, Maharashtra,
India Prof. B.N. Goswami Director, Indian Institure of Tropical Meteorology Dr. Homi Bhabha
Road, Pashan, Pune-411008, Maharashtra, India Dr. P.C.S. Devara Scientist ‘G’, Indian Institute of Tropical Meteorology, Dr. Homi
Bhabha Road, Pashan, Pune-411008, Maharashtra, India |
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FINANCE COMMITTEE: |
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Name : |
Prof. U.R. Rao Chairman, Governing Council, IITM, ISRO Head Quarter, Antariksha
Bhavan, New BEL Road, Bangalore-560094, Karnataka, India Dr. (Mrs.) Swati Basu Scientist ‘G’ / Advisor Ministry of Earth Sciences Mahasagar Bhavan,
Block No. 12, CGO Complex, Lodhi Road, New Delhi-110003, (Attended 21st
Meeting) Dr. (Mrs.) Vasuda Gupta Director (Est.) Ministry of Earth Sciences, Mahasagar Bhavan, Block
No. 12, CGO Complex, Lodhi Road, New Delhi-110003, (Attended 22st
Meeting) Mr. R.S. Kaim Director (Finance), Ministry of Earth Science, Mahasagar Bhavan, Block
No. 12, CGO Complex, Lodhi Road, New Delhi-110003 Prof. B.N. Goswami Director, Indian Institute of Tropical Meteorology, Dr. Homi Bhabha
Road, Pashan, Pune-411008, Maharashtra, India
[Member Secretary] |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
NOT AVAILABLE
BUSINESS DETAILS
|
Line of Business : |
To study the fundamental atmospheric problems and understand the
mechanism of monsoon, weather systems and climate related processes in the
tropical region, particularly over the monsoon region. |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
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Bankers : |
Not Available |
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Banking
Relations : |
-- |
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Auditors : |
Not Available |
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Institutional Membership : |
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CAPITAL STRUCTURE
CORPUS/CAPITAL FUND: RS.2147.640 MILLIONS.
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
PARTICULAR |
31.03.2012 |
31.03.2011 |
|
CORPUS/CAPITAL FUND AND LIABILITIES |
|
|
|
Corpus/Capital Fund |
2147.640 |
1774.714 |
|
Reserves and Surplus |
8.066 |
7.768 |
|
Earmarked/Endowment Funds |
4.457 |
24.210 |
|
Current Liabilities and Provisions |
107.955 |
46.007 |
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TOTAL |
2268.118 |
1852.699 |
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ASSETS |
|
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Fixed Assets |
1648.131 |
1232.962 |
|
Investments – From Earmarked/Endowment Funds
|
0.000 |
0.000 |
|
Investments – Others |
0.000 |
0.000 |
|
Current Assets Loans Advances etc. |
619.987 |
619.737 |
|
Miscellaneous Expenditure |
0.000 |
0.000 |
|
TOTAL |
2268.118 |
1852.699 |
PROFIT & LOSS ACCOUNT
|
PARTICULAR |
31.03.2012 |
31.03.2011 |
|
INCOME |
|
|
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Income From Sales/Services |
|
|
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Grants/Subsidizer |
489.600 |
315.100 |
|
Fees/Subscriptions |
0.000 |
0.000 |
|
Income from Investments (Income on Invest from Earmarked/Endow. Funds
Transferred to Funds) |
|
|
|
Interest Earned |
29.039 |
25.645 |
|
Other Income |
3.216 |
4.311 |
|
Increase/(Decrease) in Stock of Finished
Goods and Work in Progress |
0.000 |
0.000 |
|
TOTAL [A] |
521.855 |
345.056 |
|
|
|
|
|
EXPENDITURE |
|
|
|
Establishment Expenses |
226.734 |
189.937 |
|
Expenditure on Schemes Interest |
366.266 |
248.650 |
|
Depreciation |
74.728 |
56.782 |
|
TOTAL [B] |
667.728 |
495.369 |
|
|
|
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BALANCE BEING SURPLUS/ (DEFICIT) CARRIED TO CORPUS/CAPITAL FUND [A –
B] |
(145.873) |
(150.313) |
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 |
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4] |
Premises details |
No |
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5] |
Type of Business |
Yes |
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6] |
Line of Business |
Yes |
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7] |
Promoter's background |
No |
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8] |
No. of employees |
No |
|
9] |
Name of person contacted |
No |
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10] |
Designation of contact person |
No |
|
11] |
Turnover of firm for last two years |
Yes |
|
12] |
Profitability for last two years |
Yes |
|
13] |
Reasons for variation <> 20% |
-- |
|
14] |
Estimation for coming financial year |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister concerns |
No |
|
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 |
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24] |
Banking facility details |
No |
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25] |
Conduct of the banking account |
-- |
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26] |
Buyer visit details |
-- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if applicable |
Yes |
|
29] |
Last accounts filed at ROC |
No |
|
30] |
Major Shareholders, if available |
No |
|
31] |
PAN of Proprietor/Partner/Director, if available |
No |
|
32] |
Date
of Birth 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 |
DEVELOPMENT AND IMPROVEMENT OF A SYSTEM FOR SEASONAL PREDICTION OF MONSOON
(DEPUTY CHIEF PROJECT SCIENTIST: DR. SURYACHANDRA RAO)
The seasonal prediction of the Indian summer monsoon rainfall (ISMR) is very important for India, especially for planning strategies towards management of agricultural production and water resources. The seasonal prediction of the monsoon by dynamical models is based on the fact that the slowly varying boundary conditions like sea surface temperature (SST), soil moisture, snow cover etc. exert significant influence on atmospheric development on seasonal time-scales in the tropics. Although the seasonal mean monsoon seems to be potentially predictable, atmospheric GCM simulations have not shown enough skill in capturing the inter-annual variations in the monsoon rainfall. Indian Summer Monsoon has limited potential predictability. It has also been recognized that ocean-atmosphere coupling is crucial in determining the potential predictability of the monsoon. Therefore, a coupled ocean-atmosphere climate model will be required for predicting the monsoon. It is essential to develop and improve a system of fully coupled ocean-atmosphere-land modeling system for dynamical prediction of the seasonal mean monsoon rainfall. IITM will develop such a system and transfer it to the India Meteorological Department (IMD). Once fully developed, the system will give lot of spin-off in science, e.g., one should be able to study the role of air-sea interactions on monsoon variability and predictability in more details.
Recent studies have demonstrated the possibility of achieving improved skills in simulating the seasonal mean monsoon rainfall by using ocean-atmosphere coupled models. This improvement appears to result from more accurate representation of the coupled interactions between the Indian monsoon and the tropical oceans. During 11th Five Year Plan period, IITM scientists have setup an ocean-atmosphere coupled model on its IBM P6 575 (Prithvi) High Performance Computing (HPC) system and made long period free runs as well as hindcast (retrospective) experiments to test the model with set of initial conditions (e.g., with ensembles of atmospheric and oceanic initial conditions). The model outputs have been analyzed and its performance for simulating ISMR was examined. Certain biases in model simulations have been identified and efforts are being made to reduce these model biases. In addition to the research efforts on the coupled model, IITM has provided, for the first time in India, reliable experimental coupled dynamical monsoon prediction to IMD for further dissemination to general public. Certain modifications (e.g., better physical parameterizations and better representation of air-sea interaction processes, higher resolution) need to be incorporated for making this model better suitable for their region, that can lead to enhanced model skill of simulating ISMR. IITM proposes to develop the system with the following objectives:
· To develop an Indian model based on CFS coupled model. (It will also be a part of national Indian Monsoon mission)
· To implement Assimilation Modules at IITM and to start experimental assimilation of ocean and atmospheric data.
· To carry out research for better understanding of monsoon coupled ocean-land-atmosphere interactions using observational datasets and diagnostics of coupled ocean – atmosphere model.
· To improve prediction skill for both summer (SW) and winter (NE) monsoon over Indian region by improving the parameterization schemes of the model and replacing different modules in the system.
· To transfer the model to IMD for operational forecast of Indian monsoon.
· To develop Multi-Model Ensemble (MME) system for monsoon predictice.
DEVELOPMENT AND IMPROVEMENT OF A SYSTEM FOR
EXTENDED RANGE PREDICTION OF ACTIVE/ BREAK SPELLS
(DEPUTY CHIEF PROJECT SCIENTIST: DR. A.K.
SAHAI)
Indian summer monsoon season has periods of active (above normal rainfall) and break (below normal rainfall) epochs. Frequent or prolonged breaks lead to drought conditions. The long breaks in critical growth periods of agricultural crops lead to substantially reduced yield. Poor rice production in India during 1972, 1979 and 1987 appear to be due to such long breaks. Prediction of monsoon active and break spells, two to three weeks in advance, therefore assumes great importance for agricultural planning (sowing, harvesting, etc.) and water management. Hence, there is a need for development of techniques based on statistical and dynamical methods for the forecasting of active/break periods in ensuing monsoon season in the extended range time scale.
IITM has developed an empirical system to predict the active and break spells 3-4 weeks in advance and n transferred the model to IMD for issuing operational forecasts. The model is being in use at IMD for issuing operational forecasts since 2010 and the model predictions are reliable. IITM further proposes to use a fully coupled dynamical system for predicting the active/break spells of summer monsoon rainfall with the following objectives:
· To develop new empirical techniques and improve the existing empirical models for improving the prediction skills of active and break phases of monsoon.
· To implement, evaluate, validate and improve the forecast skills of Coupled Climate Forecast System (CFS) for extended range forecast.
· To design, employ and test the cloud “super parameterization” concept in the CFS model.
· To carry out basic research to understand complex atmospheric/oceanic processes, model parameterization schemes to improve the forecast skills using global and regional dynamical models.
· To disseminate forecast in real time using both empirical and dynamical models.
· To develop dedicated manpower to take up research challenges to improve quality of forecast.
PROCESSES CONTROLLING THE SURFACE TEMPERATURE
SIGNATURE OF THE MADDEN–JULIAN OSCILLATION IN THE THERMOCLINE RIDGE OF THE
INDIAN OCEAN
During boreal
winter, there is a prominent maximum of intraseasonal sea-surface temperature
(SST) variability associated with the Madden–Julian Oscillation (MJO) along a
Thermocline Ridge located in the southwestern Indian Ocean (5°S–10°S,
60°E–90°E; TRIO region). There is an ongoing debate about the relative
importance of air-sea heat fluxes and oceanic processes in driving this
intraseasonal SST variability. Furthermore, various studies have suggested that
interannual variability of the oceanic structure in the TRIO region could
modulate the amplitude of the MJO-driven SST response. In this study, they use
observations and ocean general circulation model (OGCM) experiments to quantify
these two effects over the 1997–2006 period. Observational analysis indicates
that Ekman pumping does not contribute significantly (on average) to
intraseasonal SST variability. It is, however, difficult to quantify the
relative contribution of net heat fluxes and entrainment to SST intraseasonal
variability from observations alone. They therefore use a suite of OGCM experiments
to isolate the impacts of each process. During 1997–2006, wind stress
contributed on average only about 20% of the intraseasonal SST variability
(averaged over the TRIO region), while heat fluxes contributed about 70%, with
forcing by shortwave radiation (75%) dominating the other flux components
(25%). This estimate is consistent with an independent air-sea flux product,
which indicates that shortwave radiation contributes 68% of intraseasonal heat
flux variability. The time scale of the heat-flux perturbation, in addition to
its amplitude, is also important in controlling the intraseasonal SST
signature, with longer periods favouring a larger response. There are also
strong year-to-year variations in the respective role of heat fluxes and wind stress.
Of the five strong cooling events identified in both observations and the model
(two in 1999 and one in 2000, 2001 and 2002), intraseasonal-wind stress
dominates the SST signature during 2001 and contributes significantly during
2000. Interannual variations of the subsurface thermal structure associated
with the Indian Ocean Dipole or El Nińo/La Nińa events modulate the MJO-driven
SST signature only moderately (by up to 30%), mainly by changing the
temperature of water entrained into the mixed layer. The primary factor that
controls year-to-year changes in the amplitude of TRIO, intraseasonal SST
anomalies is hence the characteristics of intraseasonal surface flux
perturbations, rather than changes in the underlying oceanic state.
Response of cellulose oxygen isotope values of teak
trees in differing monsoon environments to monsoon rainfall
Results
of interannual variations in cellulose oxygen isotopic composition (δ18O)
of four teak (Tectona grandis
L.F.) trees (one from western India, two from central India and one from
southern India) are presented. Cellulose δ18O of teak trees
from western and central India show a significant positive correlation with the
amount of rainfall, which is contrary to expectation. They propose that this
correlation is caused by longer duration of the growing season in years of
higher rainfall. Teak from southern India shows a significant negative
correlation with the amount of rainfall and this relationship is used to
reconstruct rainfall back to A.D. 1743, extending the existing regional and
local rainfall by 70 and 128 years, respectively. The reconstructed series
reveals higher rainfall for the period 1743–1830 than for the later periods.
TREE-RING VARIATION IN TEAK (TECTONA GRANDIS L.) FROM ALLAPALLI, MAHARASHTRA IN RELATION
TO MOISTURE AND PALMER DROUGHT SEVERITY INDEX, INDIA
They developed a
ring-width chronology of teak (Tectona grandis
L.) from a moisture stressed area in Maharashtra, India. Bootstrapped
correlation analysis indicated that moisture index (MI) and Palmer Drought
Severity Index (PDSI) showed better performance rather than same year rainfall
over the region. Tree-ring variations were most correlated positively with PDSI
during different seasons compared with MI. Significant strong positive
correlation with MI, and negative association with temperature and potential
evapotranspiration (PET) were found during previous and current year
post-monsoon (ON). This study shows that the moisture availability during the
post-monsoon of the previous year has a significant role in the development of
annual growth rings. The reconstructed previous year post-monsoon (−ON)
moisture index for the period 1866–1996 indicates 3.5 and 29.3 years
periodicities.
CENTRE FOR CLIMATE CHANGE RESEARCH
Climate Change is being recognized as a major threat to present day society because of its adverse impacts on ecosystem, agricultural productivity, water resources, socio-economy and sustainability in a global as well as regional basis, it was recognized that there are important science issues that need to be addressed, and also that the present efforts in India to deal with climate change issue are not only inadequate but also lack integration and networking. In order to discuss these issues in a forum of national experts and policy makers a Brainstorming Workshop on “National Program on Climate Change Research” was organized by the Ministry of Earth Sciences, New Delhi on 1st June 2007. The Workshop was addressed by the Honorable Minister for Science and Technology and Earth Sciences and attended by senior scientists, policy makers, and representatives from Ministry of Environment and Forests, Department of Science and Technology, Indian Agricultural Research Institute (IARI), The Energy and Resources Institute (TERI) and other scientific institutions. Establishment of a dedicated centre for undertaking research on science aspects of Climate Change at IITM, Pune was strongly endorsed by the panelists and participants of this Brainstorming Workshop. Consequent upon the recommendation, a proposal for a Centre for Climate Change Research was submitted to the Ministry of Earth Sciences. The proposal received approval on 7th January 2009 under the Program on Global and Regional Climate Change as one of the schemes of the 11th Five Year Plan.
OBJECTIVES:
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 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.62.68 |
|
|
1 |
Rs.101.97 |
|
Euro |
1 |
Rs.84.78 |
INFORMATION DETAILS
|
Report Prepared
by : |
TPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
4 |
|
--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 |
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
45 |
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.