Indo American News • Friday, May 13, 2011
Online Edition: www.indoamerican-news.com
Friday, May 13 2011 | Vol. 30, No. 19
Indo American erican News
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This Week Inside
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Indian Diaspora on Display at OTC
Colon Cancer: A Silent Killer
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ia d n I f o s ie t i C t s o L Team e 9 Pg 4 uction
Open Houston’s 2nd Conference Focuses on Innovation
By Pramod KulKarni K Karni HOUSTON: Our city may not have the reputation for innovation as Silicon Valley, but we can take credit for innovation not just in one field as computing, but in the diverse fields of oil and gas, medicine and academic R&D. The city is also an incubator of numerous successful startups such as Compaq Corporation that is now HP. In recognition of these achievements, the Organization of Pakistani Enterpreneurs of North America (Open) Houston, hosted its second annual all-day conference last Saturday, May 7, at the Omni Houston Hotel. The local chapter of the organization is led by President S. Anwer Hussain and Executive Director Sehar Javed. The second annual conference focused on innovation with in-
Bennett Rickard, director research and technology at Baker Hughes, spoke about the golden rules of innovation at Open Houston’s second annual conference with the theme of innovation in products, processes and people.
sights into process innovation, product innovation and people innovation. The day’s activities
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Devon Ave Brings Desis Home
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A Little Mandir in Medinah, IL
began with a keynote speech by Brad Freels, CEO of Midway companies and opening speech
by Nadeem Babar, CEO of Orient Power Company. continued on page
r rajaratnam convicted in i insider t trading case
light of india l i award for a c chitra divakaruni
By Kalyani Giri HOUSTON: Internationally acclaimed author and poet Chitra Divakaruni has received the Light of India Award 2011 that honors non-resident Indians who have distinguished themselves on the global stage. Divakaruni garnered the Jury Award for Journalism and Literature; Salman Rushdie, Vikram Seth, Jhumpa Lahiri, and M.G. Vassanji were also nominees for the Jury Award, but Divakaruni was the unanimous selection of a worldwide readers internet poll, as well as jury members in the celebrated ilk of Javed Akhtar, Shabana Azmi, Pranay Gupte, Mahesh Dattani, and Madhu Trehan, to name a few. Sharing accolades in the category of erudite writers were Rushdie who received the Power of Influence Award, and Seth who was presented with the Peoples’ Award. Newly conceptualized and initiated for the first time this year by Remit2India, a Times Group service, the awards in six categories ranging from cor-
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on Full Story porate excellence to the arts and entertainment, were presented at a glittering event held at the Waldorf Astoria Hotel in New York on April 22, 2011. Her Excellency Meera Shankar, the Indian Ambassador to the United States, was Chief Guest on the occasion. Houston-based Divakaruni did not get to attend the event because of other commitments. Her editor Barbara Jones at Hyperion Voice attended and accepted the trophy on her behalf. continued on page
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NEW YORK: Raj Rajaratnam, the hedgefund tycoon and Galleon Group LLC co-founder at the center of a U.S. insidertrading crackdown, was found guilty of all 14 counts against him in the largest illegal stock-tipping case in a generation. A jury of eight women and four men in Manhattan
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returned its verdict today after hearing evidence that Rajaratnam, 53, engaged in a seven-year conspiracy to trade on inside information from corporate executives, bankers, consultants, traders and directors of public companies including Goldman Sachs Group Inc. (GS) He gained $63.8 million, prosecutors said.
Indo American News is Partnered & syndicated with Times of India, Sulekha.com, Google, Yahoo & Bing Indo AmerIcAn news • FrIdAy, A mAy Ay, A 13, 2011 • Online editiOn: Ay On: www.indOamerican-news.cOm O
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