NY surfer who survived Sandy drowns in Puerto Rico

Wednesday, 2 January 2013

New York, Jan 2 : A lifeguard widely praised as a hero after Superstorm Sandy for rescuing neighbors endangered by rolling floodwaters and a fire that destroyed several homes in a small community where grief has been a frequent visitor has died in a surfing accident in Puerto Rico.

The death of 23-year-old Dylan Smith brought sadness again to residents of the Belle Harbor section of the Rockaways, which lost several police officers and firefighters in the Sept. 11, 2001, terror attacks and was the site of a deadly plane crash just months later.

As word spread that Smith, who used his surfboard to ferry so many people to safety during the late October superstorm, had lost his life, a Heroes of Rockaway Facebook page said: "R.I.P. to Dylan Smith, our Rockaway Hero, tragically died this morning surfing in Puerto Rico. He will never be forgotten."

Troy Bradwisch, who lives on the same street as the Smith family, said the presumed drowning death was "crushing" for the neighborhood.

"It was more shocking than anything," he said. "You can go through the storm and all that, and he goes on vacation to get a sense of normalcy and something like that happens."

Marguerite Wetzel, a Montauk resident who knows the Smith family from trips to Puerto Rico, could barely talk about the death.

"I have two sons, and he exemplified everything you would want your sons to be. I'm going to start tearing up," she said, her voice cracking.

Smith had lived with his parents and a 19-year-old brother when he was not at college. Fire Department of New York Chief Michael Light, a longtime friend of Smith's recently retired firefighter father, said someone who was with Smith in waters off Maria's Beach in the Puerto Rican community of Rincon notified him of the death.

"We know he died in the water while he was surfing. It's under investigation as to the cause," Light said. "I believe he was with some friends."

Smith's body was found floating near his surfboard, police said. Authorities said a resident of the Puerto Rican town, whose beaches attract surfers from across the world, spotted Smith in the water and took him to shore. They said a doctor tried to resuscitate him.

Light said Smith rescued as many as a dozen people during the superstorm by paddling from porch to porch with his surfboard, moving the helpless, including children and the elderly, from imperiled perches amid swirling floodwaters and a sky filled with flames from a gas line explosion as more than a dozen homes around him burned to the ground.

"It was totally brave and selfless," Light said.

People magazine, which named Smith one of its Heroes of the Year, credited Smith and neighbor Michael McDonnell with rescuing six people trapped by the flood and fire by connecting electric cords and twine into a makeshift rope that could be gripped as they walked the surfboard with people on it to safety at the storm's height.

The flood and fire occurred in a Queens neighborhood with an unusually high population of police officers and firefighters, which might explain why a higher proportion of residents lost their lives on Sept. 11 than just about anywhere else. Two months later, American Airlines Flight 587 smashed into a home, killing 265 people and setting off fires that destroyed the homes of those living around Smith and his family.

The Smith family home was spared again during Superstorm Sandy when fires destroyed neighbors' homes and the Harbor Light Restaurant, where Smith sometimes worked as a bartender.

Smith, who helped neighbors clean up and rebuild after the storm, had gone recently to Puerto Rico, where his family had a home in the popular beach town. Light said he could understand if Smith wanted some relief from the destruction in Belle Harbor.

"It's tough to look at," he said. "He figured rather than look out the window at the destruction here, post Sandy, all the rebuilding, he was going to take a little break and do a little surfing in Puerto Rico and get away for a while."

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Newspaper publishes gun owners' names and addresses

New York, Jan 2 : A newspaper in New York has received a wave of criticism from its readers after publishing the names and addresses of all of the individuals with handgun or pistol permits in its coverage area.

Hundreds of residents in New York's Westchester and Rockland counties were surprised to find their names and addresses listed on a map posted by The Journal News. Users can click any dot on the map to see which of their neighbors has a permit for a gun.

The map sparked more than 500 comments from readers within a day of its appearance on the website, many of them voicing outrage at the paper's decision to make the information public.

"This is CRAZY!! why in the world would you post every licensed gun owner information?? What do you hope to accomplish by doing this. This is the type of thing you do for sex offenders not law abiding gun owners. What next? should i hang a flag outside my house that says I own a gun? I am canceling my subscription with your paper today!!!" said commenter Curtis Maenza.

"How about a map of the editorial staff and publishers of Gannett and Journal News with names and addresses of their families…," wrote commenter George Thompson.

All of the names and addresses were compiled through public records. The paper also requested the information from Putnam County, which is still compiling the records for publication, according to The Journal News' website.

In a statement to ABC News, The Journal News said its readers "are understandably interested to know about guns in their neighborhoods," because of the conversation about gun control on its website after the shooting in Newtown, Conn., last week.

"We obtained the names and addresses of Westchester and Rockland residents who are licensed to own handguns through routine Freedom of Information law requests. We also requested information on the number and types of guns owned by permit holders, but officials in the county clerks offices in Westchester, Rockland and Putnam counties maintained that those specifics were not public record," the statement read.

"New York's top public-records expert, Robert Freeman, disagrees," it added.

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Man wins New Hampshire lottery with ticket sold in error

New York, Jan 2: A New Hampshire man is the winner of a $2.1 Megabucks lottery jackpot even though the lucky ticket wasn't the one he intended to buy.

Scott Bennett, 48, of Hillsborough, went into the Circle K convenience store on Dec. 19 and asked the clerk for one Tri-State Megabucks ticket and one Lucky for Life ticket. The clerk mistakenly sold him two Megabucks tickets.

He never got the Lucky for Life ticket, but that probably doesn't matter now, because one of the Megabucks tickets was a big winner.

At a press conference, the Bennett family - minus Scott, who was at work - appeared to accept the prize.

Cathy Bennett, Scott's 47-year-old wife, said this Christmas "there might be a few extra presents under the tree."

She described the experience as "surreal."

"It's very overwhelming but I think once everything settles we'll enjoy and take the time to enjoy it and decide what the future's going to hold," she said, according to ABC News affiliate WMUR TV in Manchester, N.H.

The Bennetts have three children. It was their son, Travis, 20, who set things in motion. He left a note saying a winning ticket had been sold in their neighborhood and urging his father to check the numbers on his ticket.

"I went downstairs, and he was sitting there with the ticket in one hand and the New Hampshire Lottery website on the computer, just staring at both of them," Cathy Bennett said, recalling her husband at the computer. "We must have checked them about 15 times. We really truly didn't believe it."

When they found out they'd won, they called a family meeting and ordered in Chinese food.

The Bennetts opted to take the lump sum payment of about $1.3 million, and will use it to pay down debt, remodel the kitchen in their recently purchased Victorian home and fund their children's college education.

Scott Bennett works in property management and his wife is an elementary school paraprofessional, the Union Leader newspaper reported. They both plan to keep their jobs.

As it turns out, the Bennetts weren't the only lucky ones.

The Circle K receives $21,500 for selling the winning ticket, and the owner plans to share some of the money with his workers, including Nicki Gee, the 24-year-old clerk who sold the ticket.

"He (Bennett) came in yesterday to thank me and said I had made a very good mistake," she said.

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Carlyle takes on KKR in race for Reynolds and Reynolds

New York, Jan 2 : Private equity firms Carlyle Group LP and KKR & Co LP have emerged as the lead contenders to take over Reynolds and Reynolds, a software company hoping to sell itself for $5 billion, three people familiar with the matter said.

Dayton, Ohio-based Reynolds, which provides business management software for auto dealers in North America and Europe, had hired technology-focused investment bank Qatalyst Partners to run a sale, people familiar with the matter said.

The process has progressed and is now in its final stages, though no decision is expected before January, the sources said.

Reynolds may be sold to Carlyle or KKR for between $4 billion and $5 billion, less than the company had hoped, one of the people added.

The people spoke on condition of anonymity because the negotiations are confidential. Spokesmen for Reynolds, Carlyle and KKR declined to comment.

Reynolds sells software tools that allow car dealers to run their operations, including providing car dealer websites, digital advertising and marketing services, as well as data archiving.

Reynolds was founded in 1866 by Lucius Reynolds and his brother-in-law as a company that prints standardized business forms. It started to serve automotive retailers as major clients in the 1920s.

In October 2006, the company was acquired by Universal Computer Systems (UCS) for $2.8 billion. The merged company retained the Reynolds name and is currently headed by Chairman and Chief Executive Bob Brockman, who used to run UCS.

Brockman's $2.8 billion buyout was funded primarily by a group of investors that included Goldman Sachs Capital Partners, the private equity arm of Goldman Sachs Group Inc, and Vista Equity Partners.

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Mundie, one of Gates' successors, to retire from Microsoft

New York, Jan 2: Craig Mundie, one of two Microsoft Corp executives who took over Bill Gates' role at the company, has relinquished control of Microsoft's large research organization and is to retire from the company in 2014.

Mundie is taking on a new role as a senior adviser to Chief Executive Steve Ballmer, according to a memo circulated internally earlier this month but only made public.

Eric Rudder, another Microsoft veteran, is taking on responsibility for Microsoft Research, Trustworthy Computing, and the Technology Policy Group, which were all run by Mundie.

A 20-year Microsoft veteran, Mundie was one of two men hand-picked by co-founder Gates to take over leadership of the technical side of Microsoft when he retired from day-to-day work at the company in 2008.

Mundie took over responsibility for the company's long-term research activities, while Ray Ozzie became chief software architect. Ozzie left Microsoft in 2010. According to Ballmer's memo, Mundie will retire from Microsoft in 2014, when he will be 65.

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New Jersey pension fund sues NYSE Euronext on ICE deal

New York, Jan 2 : A pension fund that holds shares of NYSE Euronext (NYX) has sued the exchange operator over its proposed $8.2 billion sale to IntercontinentalExchange Inc (ICE), saying the deal undervalues the company's stock.

The New Jersey Carpenters Pension Fund filed a complaint in New York State Supreme Court in Manhattan contending that NYSE Euronext breached its duty to maximize returns for shareholders. The lawsuit seeks class action status on behalf of other NYSE Euronext shareholders and aims to block the sale.

It is the second such lawsuit filed against the exchange operator since the deal was announced. An individual shareholder, Samuel Cohen, filed a proposed class action in Delaware Chancery Court that also seeks to prevent the buyout from going forward.

Under the deal, NYSE Euronext, which operates the New York Stock Exchange, will sell itself to Atlanta-based ICE. The stock-and-cash deal is expected to close in the second half of 2013.

At $33.12 per share, ICE's offer represents a 28 percent premium to NYSE Euronext's closing price.

In court papers, the New Jersey pension fund said the deal was based on a "hopelessly flawed process" that would favor NYSE Euronext Chief Executive Duncan Niederauer and several members of its board of directors.

The sale was "designed to ensure the sale of NYSE Euronext to ICE on terms preferential to ICE and designed to benefit NYSE Euronext's insiders," the pension fund said.

A spokesman for NYSE Euronext declined to comment. A spokeswoman for ICE, which is also named as a defendant in the lawsuit, did not return a call seeking comment.

The lawsuit also names as defendants Niederauer, NYSE Euronext Chairman Jan-Michiel Hessels, and other executives and board members.

The buyout is expected to help ICE compete in derivatives trading against U.S.-based CME Group, (CME) owner of the Chicago Board of Trade. Derivatives trading is highly profitable for the exchanges, and new rules next year will dramatically expand the demand for clearing over-the-counter contracts.

NYSE Euronext's stock market businesses are less valuable to ICE, and the company said it will try to spin off the Euronext European stock market businesses in a public offering, generating speculation it may also have little interest in the NYSE trading floor.

Profits from stock trading have been significantly eroded by new technology and the rise of other places for investors to trade, including venues known as "dark pools."

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Instagram furor triggers first class action lawsuit

San Francisco, Jan 2  : Facebook's Instagram photo sharing service has been hit with what appears to be the first civil lawsuit to result from changed service terms that prompted howls of protest last week.

In a proposed class action lawsuit filed in San Francisco federal court, a California Instagram user leveled breach of contract and other claims against the company.

"We believe this complaint is without merit and we will fight it vigorously," Facebook spokesman Andrew Noyes said in an e-mail.

Instagram, which allows people to add filters and effects to photos and share them easily on the Internet, was acquired by Facebook earlier this year for $715 million.

In announcing revised terms of service last week, Instagram spurred suspicions that it would sell user photos without compensation. It also announced a mandatory arbitration clause, forcing users to waive their rights to participate in a class action lawsuit except under very limited circumstances.

The current terms of service, in effect through mid-January, contain no such liability shield.

The backlash prompted Instagram founder and CEO Kevin Systrom to retreat partially a few days later, deleting language about displaying photos without compensation.

However, Instagram kept language that gave it the ability to place ads in conjunction with user content, and saying "that we may not always identify paid services, sponsored content, or commercial communications as such." It also kept the mandatory arbitration clause.

The lawsuit, filed by San Diego-based law firm Finkelstein & Krinsk, says customers who do not agree with Instagram's terms can cancel their profile but then forfeit rights to photos they had previously shared on the service.

"In short, Instagram declares that 'possession is nine-tenths of the law and if you don't like it, you can't stop us,'" the lawsuit says.

Kurt Opsahl, a senior staff attorney with the Electronic Frontier Foundation who had criticized Instagram, said he was pleased that the company rolled back some of the advertising terms and agreed to better explain their plans in the future.

However, he said the new terms no longer contain language which had explicitly promised that private photos would remain private. Facebook had engendered criticism in the past, Opsahl said, for changing settings so that the ability to keep some information private was no longer available.

"Hopefully, Instagram will learn from that experience and refrain from removing privacy settings," Opsahl said.

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Chevron to buy stake in Kitimat LNG from Encana, EOG

Calgary, Jan 2 : Chevron Corp said it will enter the Canadian liquefied natural gas business with the acquisition of the 50 percent stake in the Kitimat LNG project held by Encana Corp and EOG Resources Inc.

Chevron will take Encana's and EOG's 30 percent stakes in the LNG-export project for an undisclosed price as the No.2 U.S. oil company looks to jumpstart North American natural gas exports.

It will also buy the two companies' interest in a pipeline serving the project, at Kitimat, 650 kilometers (400 miles) north of Vancouver, and will pay $550 million for a half stake in 644,000 acres of exploration lands in the Horn River and Liard shale-gas fields owned by Apache Corp.

Apache will then pay Chevron $150 million to raise its stake in the British Columbia project and associated lands to 50 percent, netting the U.S. independent oil and gas producer $400 million from the transaction.

Analysts say the addition of a deep-pocketed partner increases the likelihood that the multi-billion dollar Kitimat LNG -- the most advanced of a handful of gas-export facilities slated for British Columbia's northern coast -- will be completed.

"With Chevron involved it will happen sooner than it otherwise would have," said Michael Dunn, an analyst with FirstEnergy Capital.

Though no price was given, Robert Morris, an analyst with Citi Research, estimates that Encana and EOG each received about $450 million for their stakes and the exploration lands.

Kitimat LNG was last year awarded Canada's first LNG export license by the National Energy Board, allowing it to export 10 million tons of LNG per year. The project is slated to begin shipping gas to Asian markets by 2017.

Other Canadian LNG facilities are planned by Royal Dutch Shell Plc, Malaysia's Petronas, BG Group Plc and others, making British Columbia a rival to the U.S. Gulf coast, where nine projects have been announced and one, Cheniere Energy Inc's, Sabine Pass project, is already under construction.

Chevron has existing LNG projects in Australia, Africa and South America. Adding the Canadian operation will let it tap high-priced export markets and escape a domestic gas market that remains depressed because of burgeoning production from shale gas fields.

"This investment grows our global LNG portfolio and builds upon our LNG construction, operations and marketing capabilities," George Kirkland, Chevron's vice chairman, said in a statement. "It is ideally situated to meet rapidly growing demand for reliable, secure, and cleaner-burning fuels in Asia, which are projected to approximately double from current levels by 2025."

Encana said the sale of its stake was consistent with its plan to focus on its core natural gas business and that the deal will reduce its future capital commitments while EOG will now focus on U.S. crude oil production.

The acquisition is expected to close it the first quarter of 2013.

Chevron shares fell $1.00 to $108.71 by early afternoon on the New York Stock Exchange while Apache fell $1.35 to $78.65 and EOG dropped 72 cents to $122.83

Encana shares were down 51 Canadian cents at C$19.62 on the Toronto Stock Exchange.

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Yen on defensive on US fiscal worry, helps Nikkei

Tokyo, Jan 2 : Uncertainty over whether U.S. lawmakers will strike a deal by an end-of-year deadline to avert a severe fiscal retrenchment undermined the yen and bolstered Japanese shares in low volume, with many participants away on Christmas holiday.

The dollar rose to a 20-month high of 84.965 yen in Asia, as Japanese markets caught up with global investors who had reacted overnight to incoming Japanese Prime Minister Shinzo Abe's weekend comments that raised the pressure on the Bank of Japan.

During a meeting with officials from Japan's major business lobby, Keidanren, Abe reiterated calls on the BOJ to conduct bold monetary easing to beat deflation by setting an inflation target of 2 percent.

The head of Abe's coalition partner said the coalition party and Abe had agreed to set a 2 percent inflation target and compile a large stimulus budget to help the economy return to growth and overcome deflation.

The yen has come under pressure as a result of expectations that the BOJ will be compelled to adopt more drastic monetary stimulus measures next year.

The dollar was expected to stay firm this week as investors repatriate dollars, and as the U.S. fiscal impasse is likely to continue to sap investor appetite for risky assets and raise the dollar's safe-haven appeal.

"The dollar is seen relatively well bid, with all focus on the fiscal cliff," said Yuji Saito, director of foreign exchange at Credit Agricole in Tokyo.

"Negotiations may be carried over the weekend, but markets still expect a deal to be struck by December 31. It is unthinkable that the U.S. will risk driving its economic growth sharply lower by not agreeing to avoid it."

U.S. lawmakers and President Barack Obama were on Christmas holiday and talks were unlikely to resume until later in the week.

House of Representatives Speaker John Boehner failed to gain support for a tax plan at the end of last week, raising fears that the United States may face the "fiscal cliff" of some $600 billion in automatic spending cuts and tax increases set to start on January 1.

Japan's Nikkei stock average (.N225) resumed trading after a three-day weekend with a 1.1 percent gain, recapturing the key 10,000 mark it ceded after Boehner's failure sparked a broad market sell-off and the Tokyo benchmark closed down 1 percent. The Nikkei was likely to be supported as long as the yen stayed weak. (.T)

"Ongoing optimism about the weak yen is lifting hopes that exporters' earnings will be better than expected," said Hiroichi Nishi, general manager at SMBC Nikko Securities.

Analysts say a near-term correction may be possible as the index is now in "overbought" territory after gaining 16.2 percent over the last six weeks, hitting a nine-month high. Its 14-day relative strength index was at 72.34, above the 70 level that signals an overbought condition.

MSCI's broadest index of Asia-Pacific shares outside Japan nudged up 0.1 percent, driven higher by surging Shanghai shares, as most Asian bourses were shut for Christmas.

The Shanghai Composite Index (.SSEC) soared over 2 percent to five-month highs as investors bought property stocks on mounting optimism about the sector. Taiwan shares (.TWII) jumped 1.3 percent on gains in technology and financial shares.


Goro Ohwada, president and CEO at Japan-based fund of hedge funds Aino Investment Corp, said investors were likely to focus on economic fundamentals and the United States for cues on investment direction in 2013.

"There is a feeling that an investment strategy based on economic fundamentals may finally work next year, with asset prices more closely reflecting fair value. The problem is, we don't know yet which asset is a better bet than others," Ohwada said, adding that oil and gold appeared to be near their highs.

Naohiro Niimura, a partner at research and consulting firm Market Risk Advisory, said commodities and energy prices will likely move in tight ranges in 2013, with investors eyeing political events, including the U.S. fiscal cliff outlook, Italian parliamentary election set for February 24-25, and Germany's elections in September.

"The macroeconomic policies taken this year around the world to support growth are expected to result in a moderate recovery in 2013 to reduce an excessive downside risk to prices. This will likely keep commodities, gold and energy prices near their highs," Niimura said.

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Woman raped in IHK mini bus

Jammu, Jan 2 : A 38-year-old woman was allegedly raped by two youths in mini bus. The accused were arrested, police said.

 According to the complaint, the victim was abducted by driver of a mini bus, Gian Singh, and his friend Shammi last night, police said.

Both raped the middle-aged woman near Gharota area on the intervening night of December 22 and 23, they said.

A case has been registered on the complaint of the victim and her family, police said, adding that a medical examination of the victim has been conducted.

The duo has been arrested and an investigation into the case is on, police said.

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28,311 kanals of Kahcharai land encroached in Srinagar

Srinagar, Jan 2 : At a time when purchasing a patch of land in densely populated Srinagar city has virtually become a distant dream, nearly 28,311 of Kahcharai land continues to be under illegal occupation of unscrupulous people in the summer capital.

 Officials admit that major chunk of the Kahcharai land has been encroached upon in Malroo, Shalteng and Lawaypora areas of the summer capital on the Srinagar-Baramulla highway.

 Though authorities have identified the encroachers, they have failed to retrieve the land from them raising question marks over Government seriousness over the serious issue.

 In a reply to a RTI filed by Dr Raja Muzaffar Bhat of Gopalpora Chadoora, the Additional Deputy Commissioner (ADC) Srinagar admits that “tentatively an area of Kahcharai land measuring 28,311 kanals and three marlas is under illegal occupation in district Srinagar.”

 The ADC has also given a list of occupants of Kahcharai land in village Malroo, Shalteng and Lawaypora. But has not mentioned the measures taken to retrieve the occupied land.

 Pertinently a House Committee of Jammu and Kashmir Legislative Assembly, headed by NC legislator from Kupwara, Mir Saifullah has been mandated to ascertain the factual position regarding illegal encroachment of wetlands in Srinagar, Baramulla and Bandipore districts. Besides the Committee is also mandated to look into conversion of agricultural and Kahcharai land for residential purposes with particular reference to Shalteng and its adjoining areas within 10 kms radius.

 The Committee had directed the concerned officers to examine the revenue records of the area and identify illegal constructions on wetlands and state land from the concerned authorities.

 Sources said the Committee has come across harsh facts that huge chunk of the government land has been encroached in Srinagar and other parts of the held Kashmir. However it is yet to finalize its report and give recommendations.

 By virtue of The Jammu and Kashmir Kahcharai Act, 2011, Kahcharai means revenue derived or derivable from any duty, fee, tax, fine or penalty imposed, under the provisions of this Act or of other law for the time being in force, relating to the levy of grazing or browsing dues. The Act also empowers concerned officers to take action including imposition of fine against the offenders.
 However, in absence of any action, the Act is observed in breach. 
 The state government admitted in the recent Assembly session that 14 lakh kanals of state land has been encroached upon in held Jammu and Kashmir.

 “The government is mulling to amend the Land Encroachment Act to prevent illegal possession of land,” Minister for Revenue Raman Bhalla had stated in the Assembly.

 Deputy Commissioner Srinagar Baseer Ahmad Khan said action against the encroachers would be taken soon.

 “We have identified the Kahcharai land occupied illegally in Srinagar and are taking steps to retrieve it,” the DC told Greater Kashmir.

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13 yrs on, flagship scheme a non-starter in IHK

Srinagar, Jan 2 : Government of India’s vital scheme ‘Construction of Hostel for Other Backward Class’ boys and girls is yet to take off in occupied Jammu and Kashmir with the State showing zero progress in implementation of the project since its launch in 1999.

 While other states and union territories in India have got benefited from the scheme with many hostels being constructed for both boys and girls hailing from OBC, IHK has remained at the receiving end in the wake of state government’s non-serious attitude in starting the scheme.

 According to an audit complied by the Ministry of Social Justice and Empowerment, Government of India, more than nine hostels have been constructed in Andhra Pradesh at a cost of Rs 240 lakhs in the previous financial year benefiting more than 900 candidates. In Gujarat, nine hotels have been constructed at a cost of Rs 680 lakhs benefiting over 1000 candidates.

 In almost all states and union territories, the audit reveals, hotels have been constructed. In total, 152 hotels have been built in India at a cost of Rs 6236 lakhs over four years benefiting more than 10,000 candidates.

 However, the status of held Jammu and Kashmir in implementation of the scheme is ‘zero.’ Not a single hostel has been constructed since 1999, leave alone rehabilitating the other backwards class boys and girls in the state.

 The flagship scheme has been launched in 1998-99 to address the problem of educational backwardness of OBCs. “Very  often,  students from rural areas, especially those belonging to the weaker sections, discontinue their studies because of lack of secondary schools and colleges nearby and non-availability of adequate hostel facilities, at a reasonable cost, at places where such educational institutions are located,” the audit says.  “Therefore, the Scheme was initiated with a view to facilitate continuation of education by students belonging to OBCs, especially those hailing from rural and remote areas and   from poor families,” it states.

 The funding for construction of hostels under the scheme is shared by Central and State Governments in the ratio of 50:50. But for union territories and central government institutions like central universities 100 percent funding is released by GoI.

 “Earlier, only State Governments, UT Administrations and Universities were eligible for Central assistance.  Now, NGOs with a good track record will also be eligible,” the audit report says. But ironically, not even a single NGO from J&K has applied for carrying out the implementation of the flagship scheme.

 The OBC hostels are primarily meant for students whose castes are included in the Central/State/UT list of Backward Classes and who do not belong to the "creamy layer". The hostels, according to the audit, were to be constructed over an area of 1215 Sq meters.

 “State Governments will be expected to suitably associate concerned Panchayati Raj and Municipal bodies (especially the concerned Block & District Panchayats and the Municipal Body of the town), in planning, execution, and day-to-day management of the hostels sanctioned under the Scheme,” it says.

 Director Social Welfare Kashmir Bashir Ahmed Bhat said three OBC hostels are under construction in Valley. “The hostels are under construction in Islamia College, Srinagar; Islamic University of Science and Technology; Awantipora and Degree College Pulwama,” he said.
 Asked about completion of buildings and criteria to allot hostels to the particular institutes, the director said he did not have more off-hand information regarding the matter.

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Multiple sclerosis linked to different area of brain

Islamabad, Jan 2 : Radiology researchers at The University of Texas Health Science Center at Houston (UTHealth) have found evidence that multiple sclerosis affects an area of the brain that controls cognitive, sensory and motor functioning apart from the disabling damage caused by the disease's visible lesions.

The thalamus of the brain was selected as the benchmark for the study conducted by faculty at the UTHealth Medical School. Lead researchers include Khader M. Hasan, Ph.D., associate professor, and Ponnada A. Narayana, Ph.D., professor and director of Magnetic Resonance Imaging (MRI) in the Department of Diagnostic and Interventional Imaging; and Jerry S. Wolinsky, M.D., the Bartels Family and Opal C. Rankin Professor in the Department of Neurology.


"The thalamus is a central area that relates to the rest of the brain and acts as the 'post office,' " said Hasan, first author of the paper. "It also is an area that has the least amount of damage from lesions in the brain but we see volume loss, so it appears other brain damage related to the disease is also occurring."

Researchers have known that the thalamus loses volume in size with typical aging, which accelerates after age 70. The UTHealth multidisciplinary team's purpose was to assess if there was more volume loss in patients with multiple sclerosis, which could explain the dementia-related decline associated with the disease.

"Multiple sclerosis patients have cognitive deficits and the thalamus plays an important role in cognitive function. The lesions we can see but there is subclinical activity in multiple sclerosis where you can't see the changes," said senior author Narayana. "There are neurodegenerative changes even when the brain looks normal and we saw this damage early in the disease process."

For the study, researchers used precise imaging by the powerful 3 Tessla MRI scanner to compare the brains of 109 patients with the disease to 255 healthy subjects. The patients were recruited through the Multiple Sclerosis Research Group at UTHealth, directed by Wolinsky, and the healthy controls through the Department of Pediatrics' Children's Learning Institute.

Adjusting for age-related changes in the thalamus, the patients with multiple sclerosis had less thalamic volume than the controls. The amount of thalamic loss also appeared to be related to the severity of disability.

"This is looking at multiple sclerosis in a different way," Hasan said. "The thalami are losing cellular content and we can use this as a marker of what's going on. If we can find a way to detect the disease earlier in a more vulnerable population, we could begin treatment sooner."

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Detailed molecular 'signature' for tankyrase determined

Islamabad, Jan 2 : The Samuel Lunenfeld Research Institute's Drs. Frank Sicheri, Tony Pawson and Sebastian Guettler, in collaboration with Dr. Robert Rottapel at the Ontario Cancer Institute, have uncovered the detailed architecture of a crucial component of Tankyrase, a protein linked to the bone development disorder cherubism and involved in a myriad of cellular processes.

The discovery is the first structural insight into precisely how the enzyme correctly identifies its targets, or substrates. The work provides researchers with a greater understanding of Tankyrase's cellular control processes, and may also lead to the development of new designer drugs to treat cancer.

"Until now, we did not understand, from a structural perspective, how Tankyrase identifies its substrates," said Dr. Sicheri, Lunenfeld Senior Investigator and one of the lead authors of the study. "At atomic resolution, we now have a clearer picture of what these substrates may be, and have new insight into possible novel functions of Tankyrase."

Tankyrase is a poly(ADP-ribose)polymerase (PARP) -- one protein of a family of enzymes that modify other proteins with chains of ADP-ribose and affect many cellular processes. The modification reactions carried out by Tankyrase can directly alter some proteins' functions, bring proteins together in protein complexes, or can mark others for degradation.

Initially intrigued by Tankyrase because of its involvement in cherubism (a rare genetic disorder caused by mutations in the signaling protein 3BP2), the researchers built upon the findings of Dr. Rottapel's laboratory. This laboratory found that Tankyrase normally recognizes 3BP2 and targets it for destruction. The amino acids mutated in cherubism coincide with precisely the region in 3BP2 that is recognized by Tankyrase, or the "Tankyrase binding motif." Cherubism mutations in 3BP2 prevent binding of Tankyrase and therefore result in the accumulation of 3BP2 protein in the cell. Dr. Rottapel's findings also appear in the same issue of Cell.

The goal of Dr. Sicheri and his team's work was to uncover the exact mechanism by which Tankyrase recruits its substrates, to explain why cherubism mutations in 3BP2 disrupt Tankyrase binding and thereby learn more about how the enzyme works.

Using x-ray crystallography, the team determined the structures of the portion of Tankyrase responsible for substrate binding, bound to a range of different substrates including 3BP2. Using a technique known as fluorescence polarization the researchers then determined the essential signature of the Tankyrase binding motif by which Tankyrase identifies its substrates.

With Dr. Evangelia Petsalaki from Dr. Tony Pawson's laboratory, the researchers scanned the entire inventory of human proteins, searching for the signature sequence that is recognized by Tankyrase, correctly predicting many possible new substrates for the enzyme. The result: a deeper understanding of the biology behind Tankyrase's cellular activities.

"Our work provides answers to two big questions. Firstly, we obtained a visual snapshot of how Tankyrase recognizes its substrates and how mutations characteristic of cherubism lead to illness," said Dr. Guettler, a post-doctoral Fellow in Dr. Sicheri's and Dr. Pawson's labs and first author of the study. "Secondly, we learned more about the possible cellular tasks performed by Tankyrase. The apparent abundance of potential Tankyrase targets and the variety of cellular functions they perform suggests that the complexity of Tankyrase's biological functions has been underappreciated to date."

Inhibitors of PARPs, and among them Tankyrase, have gained considerable attention recently as potential new anti-cancer agents. Inhibition of Tankyrase function may hold promise for treating certain breast cancers as well as other cancers, and therefore the present study may help refine treatment strategies for blocking Tankyrase.

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How the brain cell works: A dive into its inner network

Islamabad, Jan 2  : University of Miami (UM) biology professor Akira Chiba is leading a multidisciplinary team to develop the first systematic survey of protein interactions within brain cells.

The team is aiming to reconstruct genome-wide in situ protein-protein interaction networks (isPIN) within the neurons of a multicellular organism. Preliminary data were presented at the American Society for Cell Biology annual meeting, December 3 through 7, 2011, in Denver, Colorado.

"This work brings us closer to understanding the mechanics of molecules that keep us functioning," says Chiba, principal investigator of this project. "Knowing how our cells work will improve medicine. Most importantly, we will gain a better understanding of what life is at the molecular level."

Neurons are the cells that are mainly responsible for signaling in the brain. Like all other cells, each neuron produces millions of individual proteins that associate with one another and form a complex communication network. Until recently, observing these protein-protein interactions had not been possible due to technical difficulties. Individual proteins are small and typically less than 10 nm (nanometer) in diameter. Yet, this nano-scale distance was considered to be off-limits even with super-resolution microscopy.
Now, Chiba and his collaborators have developed a novel methodology to examine interaction of individual proteins in the fruit fly -- the model organism of choice for this project. The researchers are creating genetically engineered insects that are capable of expressing over 500 fluorescently-tagged assorted proteins, two at a time. The fluorescent tags make it possible to visualize the exact spot where a given pair of proteins associates with each other.

The team utilizes a custom- built 3D FLIM (fluorescent lifetime imaging microscopy) system to quantify this association event within the cells of a live animal. FLIM shows the location and time of such protein interaction, providing the data that allow creation of a point-by-point map of protein-protein interactions.

The pilot phase of this multidisciplinary project is being funded by the National Institutes of Health. It employs advanced genetics, molecular imaging technology and high-performance computation, among other fields. "Collaborating fluorescent chemistry, laser optics and artificial intelligence, my team is working in the 'jungle' of the molecules of life within the living cells," Chiba says. "This is a new kind of ecology played out at the scale of nanometers -- creating a sense of deja vu 80 years after the birth of modern ecology."

At present, the researchers still need to extrapolate from data obtained in test tubes. In the future, they will begin to visualize directly how the individual proteins interact with one another in their 'native environment,' which are the cells in our body.

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