MIRA INFORM REPORT

 

 

Report Date :

25.03.2014

 

IDENTIFICATION DETAILS

 

Name :

DEPARTMENT OF SPACE

 

 

Registered Office :

Vattiyurkavu Thiruvananthapuram-695013

 

 

Country :

India

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Research Centre

 

 

Line of Business :

Promote the development and application of space science and technology.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Comments :

Subject is a Government of India undertaking having good track record.

 

It is designed to promote the development and application of space science and technology for the socio-economic benefit of the country.

 

Due to nature of its operations, no financial can be available from any sources.

 

However, as it is a wholly owned department of Government of India, it can be considered good for normal 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.

 

ECGC Country Risk Classification List – December 1, 2013

 

Country Name

Previous Rating

(30.09.2013)

Current Rating

(01.12.2013)

India

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

INDIAN ECONOMIC OVERVIEW

 

India’s current account deficit for the fiscal third quarter ended September 2013 narrowed to $4.2 billion or 0.9 % of the gross domestic product from $31.9 billion or 6.5 % of GDP a year earlier, thanks to a pick-up in exports and moderation in gold imports. Manufacturing activity and new orders in India showed their strongest growth in a year in February. The news comes as a relief after data showed Asia’s third largest economy grew by a slower-than-expected 4.7 % annually in the three months through December. The HSBC Manufacturing Purchasing Managers’ Index which gauges the business activity of India’s factories but not its’ utilities, rose to 52.5 in February, its highest in a year from 51.4 in January. Overall new orders for factory goods which rose to a one-year high of 54.9 contributed to the surge. China has emerged as India’s biggest trading partner in the current financial year replacing the United Arab Emirates and pushing it to the third spot. India-China trade has reached $49.5 billion with a 8.7 % share in India’s total trade. The US comes second at $46 billion with 8.1 % share during the first nine months of the current financial year.

 

The Reserve Bank of India has granted an additional nine months to the public to exchange currency notes printed before 2005 including Rs 500 and Rs 1,000 denominations, pushing the deadline to January 1, 2015. A day before dates for the Lok Sabha polls were announced, the government decided to hike interest rates on fixed deposit schemes offered by post offices up to 0.2 per cent. The new rates will be effective April, 1. The Supreme Court will resume hearing on March, 11 Nokia’s appeal against a ruling over transferring ownership of its local mobile phones plant which is the subject of a tax dispute to Microsoft Corp.

 

In the last days of the current Government, another scam has surfaced. The defence ministry has ordered a probe into Hindustan Aeronautics Limited’s contracts from Britain’s Rolls-Royce Holdings worth at least $ 1.2 billion. The Central Bureau of Investigation will look into allegations that over $80 million was paid in kickbacks in a deal signed in 2011. India has asked Boeing Co. to find a solution for problems with state-owned Air India’s 787 Dreamliners. The aircraft has experienced a series of malfunctions since its debut in 2011.

 

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 DENIED BY

 

Name :

Ms. Padma

Designation :

Personal Assistance

Contact No.:

91-4712562444

Date :

21.03.2014

 

 

LOCATIONS

 

Registered Office/ Isro International System unit :

Vattiyurkavu Thiruvananthapuram-695013, India

 

 

ISRO Centers :

·         Vikram Sarabhai Space Centre (VSSC), Thiruvananthpuram

·         ISro Satelite Centre (ISAC), Bangalore

·         Satish Dhawan Space Centre (SDSC), SHAR, Shriharkota

·         Liquid Propulsion System Centre (LPSC), Valiamala, Mehendragiri, Bangalore

·         Space Application Centre, Ahmedabad

·         Development and Educational Communication Unit (DECU), Ahmedabad

·         ISRO Telementry, Tracking and Command Network (ISTRAC), Bangalore

·         Master Control Facility (MCF) Bhopal, Hassan

·         Semi- Conductor Laboratory (SCL), Chandigarh

·         Physical Research Laboratory (PRL), Ahmedabad

·         Laboratory For Electro-Optic Systems (LEOS), Bangalore

·         National Remote Sensing Centre (NRSC), Hyderabad

·         Indian Institute of Remote Sensing (IIRS), Dehradun

·         Indian Institute of Space, Science and Technology (IIST), Thiruvananthpuram

·         National Atmospheric Research Laboratory (NARL), Gudanki

·         Regional Remote Sensing Centre (RRSC), Bangalre, Jodhpur, Kharagpur, Dehradun and Nagpur

·         North Eastern- Space Application Centre (NE- SAC) Shilong

·         Antrix Corporation Limited, Bangalore

 

 

MANANGEMENT

 

Name :

Dr. K  Radhakrishnan

Designation :

Present Chairman

 

 

Name :

Mr. V. Narayanasamy

Designation :

Member 

 

 

Name :

Mr. Shivshankar Menon

Designation :

Member

 

 

Name :

Mr. Pulok Chatterji

Designation :

Member

 

 

Name :

Mr. Ajit Kumar Seth

Designation :

Member

 

 

Name :

Ms. Padma

Designation :

Personal Assistance

 

 

 

CENTRAL PUBLIC INFORMATION OFFICER, DEPARTMENT OF SPACE

 

Sl. No.

Name of the Office

Name and contact details

1

Department of Space

Antariksh Bhavan

New BEL Road

Bangalore – 560 231

Smt Sandhya Venugopal Sharma

Director (Projects)

Tel:   080 –2217 2201

Fax:  080 – 2351 3035 / 

Fax : 080 – 2351 1984 (RTI Cell)

E-Mail: cpioisro@isro.gov.in

 

 

 

 

ALTERNATE CENTRAL PUBLIC INFORMATION OFFICER, DEPARTMENT OF SPACE

 

Sl. No.

Name of the Office

Name and contact details

1

Department of Space

Antariksh Bhavan

New BEL Road

Bangalore – 560 231

Mrs.P.Hemalatha

Officer on Special Duty

(Parliament/Vigilance & Security)

Tel:  080 –  2217 2234

Fax: 080 – 23415491

E-mail: phemalatha@isro.gov.in

 

CENTRAL PUBLIC INFORMATION OFFICER, SEMI CONDUCTOR LABORATORY (SCL), CHADIGARH

 

Sl. No.

Name of the Office

Name and contact details

1

Semi-Conductor Laboratory (SCL), Sector 72, SAS Nagar – 160 071

Chandigarh, Punjab

Shri Rajendra Saksena 

Head,P&GA

Tel: 0172 -2237 401 to 409 Extn 453

Tele Fax: 0172 – 2237410

Mob:09878645236

E-Mail: rsak@scl.gov.in

 

 

ALTERNATE CENTRAL PUBLIC INFORMATION OFFICER SEMI CONDUCTOR LABORATORY (SCL), CHADIGARH

 

Sl. No.

Name of the Office

Name and contact details

1

Semi Conductor Laboratory (SCL), Sector 72, SAS Nagar – 160 071

Chandigarh, Punjab

Shri M K Mathur

Head, VAPD,

Tel: 0172 – 2237 401 to 408 Extn 454 E-Mail:  mathur@scl.gov.in

 

 

FIRST APPELLATE AUTHORITY (TO DECIDE 1ST LEVEL APPEALS AGAINST THE ORDERS OF THE CPIO, DEPARTMENT OF SPACE, BANGALORE AND SEMI CONDUCTORS LABORATORY, CHANDIGARH)

 

Sl. No.

Name of the Office

Name and contact details

1

Department of Space

Antariksh Bhavan

New BEL Road

Bangalore – 560 231

Joint Secretary, 

Tel:  080 – 2217 2303 Fax: 080 – 2341 8237 E-Mail: 

 

 

ALTERNATE FIRST APPELLATE AUTHORITY (TO DECIDE 1ST LEVEL APPEALS AGAINST THE ORDERS OF THE CPIO, DOS AND SCL)

 

Sl. No.

Name of the Office

Name and contact details

1

Department of Space

Antariksh Bhavan

New BEL Road

Bangalore – 560 231

Shri A. Vijay Anand

Additional Secretary, 

Tel:  080 – 22172302

Fax: 080 – 2341 8237

E-Mail: vijayanand@isro.gov.in

 

 

NODAL OFFICER

 

Sl. No.

Name of the Office

Name and contact details

1

Department of Space

Antariksh Bhavan

New BEL Road

Bangalore – 560 231

G.Ravi Shankar

Under Secretary

Tel:  080 – 23511821 / 2217 2204 Fax: 080 – 2341 6474 Mob:

E-Mail: gravishankar@isro.gov.in

 

 

LIST OF OFFICERS IN RESPECT OF RIGHT TO INFORMATION ACT IN DEPARTMENT OF SPACE

AS ON 1.12.2013

 

Sl. No.

Name of the Centre / Unit / Office

Name and contact details

1

Vikram Sarabhai Space Centre ISRO P.O.

Thiruvananthapuram - 695 022 ISRO Inertial Systems Unit  Vattiyoorkavu P.O.

Thiruvananthapuram - 695 022

 

Smt. K Suma, 

Senior Administrative Officer, 

Tel: 0471 256 5603 (O) / 256 4923 (D)

Mob: 09495649333

Fax: 0471-256 5578 E-Mail: apio@vssc.gov.in             k_suma@vssc.gov.in

2

Liquid Propulsion Systems Centre  Valiamala P.O.

Thiruvananthapuram - 695 022

 

Shri MM Joseph,

Sr. Administrative Officer

Tel:  0471-256 7299 / 256 7599

Fax: 0471-256 7896

Mob:09496057525

E-Mail: mm_joseph@lpsc.gov.in

3

Satish Dhawan Space Centre,

SHAR

Sriharikota Range P.O-524 124

Nellore District

Andhra Pradesh

 

Shri V Radhakrishnan 

Head, Organisation & Methods (O&M)

Programme Planning & Evaluation

Group (PPEG)

Tel:   08623-225 071 (D)/226102

Mob: 094901 43185

Fax:  08623-225 540 /225576(Alternate)

E-Mail: vrk@shar.gov.in

 

4

Space Application Centre

Ambawadi Vistar P.O

Jodhpur Tekra, Ahmedabad – 380 015

 

Developmental and Educational

Communication Unit (DECU)

Ambawadi Vistar P.O

Jodhpur Tekra, Ahmedabad – 380 015

Shri T Krishnakumar,

Sr. Administrative Officer,

Tel:   079-2691 2021/22

Mob: 094267 49641

Fax:  079-2691 5801

E-Mail: tkkumar@sac.isro.gov.in

 

5

ISRO Satellite Centre,

P.B. No. 1795, Airport Road

Vimanapura Post, Bangalore – 560 017

 

Laboratory for Electro-Optics Systems

1st Phase, 1st Cross

Peenya Industrial Estate, B.lore 560 058.

Shri G Chandrasekar 

Sr. Administrative Officer

Tel:  080 2508 4376 Fax: 080 2508 4103

Mob: 9901681759

E-Mail: gcsekar@isac.gov.in

6

Master Control Facility

Department of Space

P.B. No. 66, Salagme Road

Hassan – 573 201

 

Shri M Balakrishnan ,

Sr. Administrative Officer

Tel:  08172-239 020 Fax: 08172-239 025

Mob: 94480 94430

E-Mail: m_balakrishnan@mcf.gov.in

7

ISRO Telemetry, Tracking and Command

Network (ISTRAC)

Plot No. 12 & 13, 3rd Main, 2nd Phase

Peenya Industrial Estate,

Bangalore-560 058

 

Shri M. Ramadas

Sr. Administrative Officer

Tel:  080 2809 4024

Fax: 080-2809 4032

Mob:9449719314

E-Mail: sao_r@istrac.org 

8

 

Dept of Space Secretariat

ISRO Headquarters

Antariksh Bhavan

New BEL Road Bangalore-560 231

 

 

Shri K Hariharan,

Under Secretary

Tel:   080-2217 2379

Fax: 080 – 2341 7933

Mob:9480051744

E-Mail: hari@isro.gov.in

9

ISRO Headquarters

Antariksh Bhavan

New BEL Road Bangalore-560 231

 

 

Shri B Anil Kumar,

Head,Personnel & General

Administration

Tel:  080-2217 2259 Fax: 080-2341 1474

Mob:9535537270

E-Mail: anilk@isro.gov.in

10

National Remote Sensing Centre,

Balanagar

Hyderabad – 500 037

 

Shri M V Pavana Kumar

Sr. Administrative Officer

Tel:   040-2388 4024 Fax:  040-2387 8648

Mob: 09490849656

E-Mail: pavan_mv@nrsc.gov.in

11

Physical Research laboratory, 

Navrangpura

Ahmedabad – 380 009

 

Shri V Ranganathan,

Administrative Officer

Tel:  079-2631 4129 Fax: 079-2631 4905 Mob:

E-Mail: rangan@prl.res.in

12

 

 

National Atmospheric Research Laboratory

(NARL),

Department of Space

Post Box No. 123

Tirupati-517 502

 

Senior Administrative Officer

Tel:  08585-272 020 / 222 450 Fax: 08585-272 028 / 272 021 Mob:

E-Mail: admin@narl.gov.in 

13

North Eastern Space Applications Centre,

Department of Space

Umiam – 793 103

Meghalaya

 

Shri Bijoy Krishna Handique

Scientist/Engineer ‘SD’

Tel:  0364-257 0137 / 257 0769 Fax: 0364-257 0139/2570 043 Mob:

E-Mail: bkhandique@rediffmail.com 

14

Semi-Conductor Laboratory (SCL),

Sector 72, SAS Nagar – 160 071

Chandigarh, Punjab

 

Shri Rajeev K Kaher

Astt. Administrative Offider

Tel:  0172-2237401 to 408 Extn: 608 Fax: 0172-2236 401 / 2237 410 Mob: 

E-Mail: rti@scl.gov.in

15

Antrix Corporation

Antariksh Bhavan,

New BEL Road,

Bangalore-560 231

 

Shri M.S. Krishnan, APIO / 

Legal Officer

Tel:  080-2217 8316 Fax: 080-2341 8981

Mob:9449817897

E-Mail: msk@isro.gov.in 

16

Indian Institute of Space Science and Technology (IIST) ISRO P.O.

Thiruvananthapuram-695 547

 

Shri Ramanathan

Administrative Officer

Tel:  0471-256 8422 Fax: 0471-256 4806

Mob.094006 60797

E-Mail: ao@iist.ac.in

17

Indian Institute of Remote Sensing

Post Box No.135, 4, Kalidas Road,

Dehradun – 248001

 

Shri Ashok Kumar Khanduri,

Administrative Officer

Tel: 0135-2524336 Fax:0135-2748041

Mob:07668567798

E-Mail: khanduri@iirs.gov.in 

 

 

 

 

 

 

LOCAL AGENCY FURTHER INFORMATION

 

ABOUT US

 

Department of Space (DOS) has the primary responsibility of promoting development of space science & technology towards achieving self-reliance and for space applications facilitating all-round development of the nation. With this basic objective, DOS has evolved the following programmes:

·         Indian National Satellite (INSAT) programme for telecommunication, television broadcasting, meteorology, developmental education, societal applications such as tele medicine, tele-education, tele-advisories;

·         Indian Remote Sensing (IRS) programme for using space based imagery in the management of natural resources and developmental projects across the country;

·         Design and development of spacecraft and associated technologies for communications, navigation, remote sensing and space sciences;

·         Design and development of launch vehicles for access to space and orbiting INSAT, IRS spacecraft and space science missions;

·         Research and development in space sciences and technologies as well as catalysing application programmes for national development;


The Department of Space is committed to:

·         Carrying out research and development in satellite and launch vehicle technology with a goal to achieve total self reliance;

·         Provide national space infrastructure for telecommunications and broadcasting needs of the country;

·         Provide satellite services required for weather forecasting, monitoring, etc.;

·         Provide satellite imagery required for the natural resources survey, management of natural disasters, public good services and monitoring of environment in the country;

·         Provide satellite imagery and specific products and services required for the application of space science and technology for developmental purposes through Central Government, State Governments, Quasi Governmental Organisations, NGOs and the private sectors;

·         Undertake proof of concept demonstration of space applications;

Promote research in space sciences and development of applications programme as per national needs;

 

 

OBJECTIVES

1.     Operational flights of Polar Satellite Launch Vehicle (PSLV)

2.     Developmental flight of Geo-synchronous Satellite Launch Vehicle (GSLV- Mk II)

3.     Development of heavy lift Geo-synchronous Satellite Launch Vehicle (GSLV-Mk III)

4.     Design, Development and Realization of Communication Satellites

5.     Design, Development and Realization of Earth Observation Satellites

6.     Development of Navigation Satellite Systems

7.     Development of satellites for Space Science and Planetary Exploration

8.     Earth Observation Applications

9.     Space based systems for Societal Applications

10.  Advanced Technologies and newer initiatives

11.  Training, Capacity building and Education

12.  Promotion of Space technology

13.  Infrastructure / Facility Development for space research

14.  International Cooperation


FUNCTIONS

1.     Implementing the directions and decisions of Space Commission

2.     Providing for the design, development and launching of rockets and satellites

3.     Providing satellite transponders for meeting the telecommunications, television broadcasting, security requirements and societal applications.

4.     Providing earth observation capabilities for mapping and monitoring of natural resources and Disaster Management Support.

5.     Providing space based systems for navigational needs and meteorological services.

6.     Providing space systems for carrying out research and development in space sciences and planetary exploration.

7.     Providing space based products and services to the user community.

8.     Providing assistance for furtherance of research in space science and technology, including building up adequate manpower through training and capacity building.

International relations in peaceful uses of outer space.

 

Sr. No.

Check List by Info Agents

Available in Report (Yes / No)

1]

Year of Establishment

No

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

Yes

9]

Name of person contacted

Yes

10]

Designation of contact person

Yes

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

 

 


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.61.05

UK Pound

1

Rs.100.81

Euro

1

Rs.84.18

 

 

INFORMATION DETAILS

 

Information Gathered by :

PRT

 

 

Report Prepared by :

NKT

 


 

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.