Companies & Sectors
RBS Financial Services India launches Real Estate Services

With the new service, in-house Real Estate Specialists will work closely with clients in order to establish their goals and understand their risk appetites. They will then work with the client to guide them to a bespoke panel of real estate service providers

RBS Financial Services, a part the Royal Bank of Scotland Group, today announced the launch of Real Estate Services (RES) in India. This new initiative follows on from the launch of Wealth Planning, which was introduced last year. RES is a referral based service which will offer a comprehensive range of real estate solutions to high net-worth (HNW) clients in India.

 

With the new service, in-house Real Estate Specialists will work closely with clients in order to establish their goals and understand their risk appetites. They will then work with the client to guide them to a bespoke panel of real estate service providers, each of whom would be selected—after diligent analysis—on the basis of their skill, market expertise, integrity and professionalism.

 

Anand Moorthy, head of Real Estate Services for RBS Financial Services said: “Intelligent investors today are looking beyond the simple purchase of premium homes. They see potential in pre-leased commercial and retail property, as well as small office spaces, structured deals and land or plotted developments. There is a fundamental need for quality real estate solutions for domestic, non-resident, individual and institutional clients”.

 

Shiv Gupta, managing director, RBS Private Banking and Director, RBS Financial Services said: “Real estate is a well understood and preferred asset class among HNWIs in India, occupying about 20%-30% of the investment portfolio of a typical HNW client and in many cases, much more. Therefore, most investment conversations are incomplete without accounting for this asset class. The ability to offer this service to our clients adds another dimension to our existing specialist coverage of other investment asset classes and to our range of products and services for high net-worth clients.”

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RTI Judgement Series: CBI enquiry of AAIDU in distance education scam

The applicant was seeking to know why the DEC did not recommend UGC for a CBI enquiry against Allahabad Agricultural Institute-Deemed University (AAIDU). The CIC noted this as an important issue, but said it can only ensure delivery of information and cannot order an enquiry. This is the 97th in a series of important judgements given by former Central Information Commissioner Shailesh Gandhi that can be used or quoted in an RTI application

The Central Information Commission (CIC) while allowing an appeal directed the Public Information Officer (PIO) of the human resources ministry to provide the rule or proviso by which post-facto recognition was given to Allahabad Agricultural Institute-Deemed University (AAIDU).

 

While giving this judgement on 12 February 2009, Shailesh Gandhi, the then Central Information Commissioner said, “The appellant is raising an important public issue, but Right to Information (RTI) can only ensure delivery of information.”

 

Allahabad resident JP Singh, on 25 June 2008 sought information about Distance Education Council (DEC), deemed status of AAIDU and guidelines for provisional recognition of Open and Distance Learning (ODL) institutions. Here is the information he sought under the Right to Information (RTI) Act and the reply given by the PIO...

 

1. Please inform whether DEC’s action was only to terrorise AAIDU and sparing them for committing a Rs300 crore distance education scam.       

PIO's reply: In connection with financial irregularities of any institution, it is submitted that enquiring into financial irregularities, etc in a university, statutorily created by the state, is not under the jurisdiction of the Distance Education Council. Only promotion, coordination and maintenance of standards and quality assurance of programmes come under the purview of the DEC.

 

2. In the above context, what were the hidden agenda of DEC/UGC then under the former sacked secretary of UGC?  

PIO's reply: Does not pertain to DEC.

 

3. Please inform me why DEC did not recommend UGC for a CBI enquiry against Dr Rajendra Behari Lal VC, AAIDU, who cheated distance education students the second time, collecting crores fraudulently during January to March 2006 despite press statement of Arjun Singh minister of HRD in DEC 2005?

PIO's reply: Please refer to response to query (1) it may also be informed that the DEC has accorded ex-post facto recognition to AAIDU, in the interest of students that had already received qualifications till 2005 only.

 

4. Please refer to the Circular No. F.6.1 (7)/2006 (CP-1) dated May 19, 2008 & press coverage dated 29 May 2008 and 4 June 2008, respectively.

Please inform how has DEC alone issued such a vague letter to AAIDU dated 29 August 2007, when there has to be an approved from Joint Committee of UGC, AICTE & DEC?

In the above context please inform me how has DEC nullified all AAIDU failed.

Please inform me what is the motive of DEC behind this shady deal? Why deemed status of AAIDU still exists.

PIO's reply: DEC has accorded ex-post-facto recognition to AAIDU, in the interest of students that had already received qualification, till 2005 only. The decision has been approved by the joint UGC-AICTE-DEC committee. For information on deemed to be status of AAIDU you may approach UGC directly.

 

5. Revised guidelines for provisional recognition of ODL institutions on DEC website enclosed for your reference. Please inform me how DEC spared/overlooked its circulars & UGC's dated 2nd December, 23rd August, illegal offshore campuses and more than 105 unapproved coursed on/off campus? Please clear the above guidelines to me & since when do the provisional recognition commence? Please inform when will DEC in the interest of the country and students recommended to UGC for a CBI probe into Rs300 crore distance education scam? Please respond within time under RTI rules s hundreds of off/on campus students of AAIDU approach our press. 

PIO's reply: DEC has accorded ex-post-facto recognition to AAIDU in the interest of students that had already received qualifications, till 2005 only.

In connection with financial irregularities, etc you are hereby informed that the matter does not come under the jurisdiction of the distance education council only promotion coordination and maintenance of standards and quality assurance of programmes come under the purview of the DEC. As such, it is submitted that DEC is not empowered to intervene in such matters of the university and you may adopt proper lime of action or may take such steps as deemed fit in this case.

 

Not satisfied with the reply, Singh filed his first appeal.

 

In his order the First Appellate Authority stated, “The reply was given based on the information available with the DEC. The Council is not empowered to initiate such action as desired by you (Singh). However, I would like to reiterate that keeping in mind the interest of students as well as the authority given to DEC, necessary action has already been taken in providing the post facto approval to AAIDU till 2005. The above university was also accorded provisional recognition for one academic year 2007-08.The DEC also sent a team to visit the university and submit its report on the functioning of the distance education directorate for consideration of its request to continue recognition. The same will be place in the next Joint Committee Meeting of UGC-AICTE-DEC for further directions.”

 

“As you are appealing to the undersigned as the Appellate Authority. I fail to understand how to initiate action against Director, DEC who himself happens to be Appellate Authority. However, you may take any further course of action as you may desire,” the FAA added.

Not satisfied with the FAA's reply, Singh then approached the CIC with his second appeal.

 

During the hearing, Mr Gandhi, the then CIC, noted that the information appears to have been given to Singh. Although Singh has raised an important issue, the Commission can only ensure delivery of information, he said.

 

Singh pointed out that he wants the rule or proviso by which post-facto recognition was given. The PIO stated that there is no such rule. While allowing the appeal, the CIC directed the PIO to give this information to the appellant in writing.

 

CENTRAL INFORMATION COMMISSION

 

Decision No. CIC /SG/A/2008/00231/1597

http://rti.india.gov.in/cic_decisions/SG-12022009-35.pdf

Appeal No. CIC/SG/A/2008/00231

                                                                  

Appellant                                            : JP Singh,

                                                                Allahabad-211002

 

Respondent                                        : YV Ramakrishna Rao,

                                                                  PIO,

                                                                 Ministry of HRD, Govt. of India

                                                                Indira Gandhi National Open University,    

                                                                Maidan Garhi, New Delhi-110068

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Sunlight: The ‘be all and end all’ of human health

The sun teaches two important lessons: it does not make any difference and shines on everyone, rich or poor showing us the universality of existence. The more important lesson that the sun teaches us is humility, the kingpin for good health and happiness. The sun has been burning for so long without exhausting his fuel!

Niels Reyberg Finson was an Icelander who studied both in Iceland and Denmark. After graduation in medicine he started doing his own curious research although he tried to do many other things in addition, without much success. He was the first to treat skin tuberculosis with sunlight showing thereby the anti-germ effect of sunlight. In the year 1903, Reyberg, who was by then crippled by a killer disease, got a Nobel Prize for his work.
 

We get our energy for running the body chemistry from the ultraviolet region of sunlight. If the sun were to go on strike we will all perish! In addition, sunlight gives us the most useful vitamin D3, which is the basis of our immune system health and bone health. Animals which have their back to the sun all the time do not get decreased bone density. People in Europe and the northern hemisphere need more exposure to sun to remain healthy, especially in winter. They cannot tolerate very hot sun as they have melanin deficiency in their skin compared to us in the tropics. If they migrate to the tropics, after a few generations, their progeny also would be dark skinned like us and vice versa.
 

However, the drug and cosmetic industry funded research has created a myth that sunlight is bad for the skin and might produce skin cancers, etc. If that were true most of us and all Africans should be full of skin cancers. They sell billions of dollars’ worth skin care products—most of which contain dangerous carcinogenic chemicals. Independent research has proven that the skin cancer increase in incidence is basically due to these chemicals and not the sun.
 

Bio-mimicry is the new name for learning science from nature. Nature does not do any activity that is destructive to humans and other inhabitants of the planet. Sunlight, by no stretch of imagination, can be bad for us. Too much of anything is bad anyway. Lot of our elderly folk would do well to expose themselves to good sunlight to keep their health in good shape and specially their bone health. The need for taking artificial vitamin D3 and the dangerous calcium salts could all be stopped if we expose ourselves to sun without any cream. Even dark glasses might not be good for the eyes as our pineal gland and the pituitary gland get their stimulus from the sunlight entering the eyes!
 

Incidentally oral calcium supplements have come under great research and now we know that calcium does lot of damage to the health. Firstly, calcium intake as a chemical only increases the calcium loss in the urine—so called calcium induced calcium loss. At the end of the day one might end up with negative calcium balance. In addition calcium intake has been shown to increase vessel wall calcium deposits worsening atherosclerosis. But the calcium deposits in the heart vessels might stimulate heart attacks also!
 

Now comes another study from Edinburgh University where scientists observed that sunlight stimulates human cells to increase the production of nitric oxide, the best elixir for vessel health. Nitric oxide is the stuff that keeps our blood vessels relaxed and open thus lowering blood pressure and increasing blood flow to all organs. The ultraviolet light in the sun's rays stimulate the nitric oxide synthase in the cell cytoplasm which in turn switches on the production of more nitric oxide (NO), the health giving endothelium relaxing factor (EDRF).
 

The same rays also stimulate two other vital enzymes in the cell cytoplasm—HSP 70 and VEGF synthase. The first one, otherwise called the stress relaxing protein (SRP) helps many body functions while VEGF protein encourages neo-vascularisation, new vessel forming for collateral circulation, very good for the heart. All in all sunlight is the best tonic that you can get for free! It beats all the pharma giants in its protean actions in the body from germ killing to cell stimulation and supplying bone density promoter vitamin D3.
 

Philosophically the sun teaches a very good health giving lesson to mankind. Now we know that the mind runs the body, the health of the mind is vital to our health. Negative thoughts are the killers, jokingly put—it is NOT what you eat that kills; it is what eats you that kills you. Among the negative thoughts the worst killers are hatred, greed, jealousy, anger and pride. The sun teaches two important lessons: sun does not make any difference and shines on everyone, rich or poor showing us the universality of existence. The more important lesson that the sun teaches us is humility, the kingpin for good health and happiness. The sun looks very big as he emerges on the eastern horizon but as he goes up he becomes smaller and smaller thereby telling mankind that the higher you rise in life, the humbler you become. I think this is the best advice that one could give for keeping good health. When we become truly humble, according to Indian traditions humility if the highest education, we get rid of all negative thoughts, the true causes of illness and pain.
 

Sun is the be all and end all of all existence. The sun has been burning for so long without exhausting his fuel!
 

(Professor Dr BM Hegde, a Padma Bhushan awardee in 2010, is an MD, PhD, FRCP (London, Edinburgh, Glasgow & Dublin), FACC and FAMS. He is also Editor-in-Chief of the Journal of the Science of Healing Outcomes, chairman of the State Health Society's Expert Committee, Govt of Bihar, Patna. He is former Vice Chancellor of Manipal University at Mangalore and former professor for Cardiology of the Middlesex Hospital Medical School, University of London.)

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COMMENTS

MUTHURAJU p

4 years ago

Thank you Dr.BM HEGDE
This is eye opening article

pinakin mamtora

4 years ago

Dear Dr.Hegde,
Truly 'enlightening'...but, i have a practical query. Ideally, sunrays of what time of the day are relatively better for the body? I walk in the Sun from 7.30 am to 8 am almost daily. Is that okay or should I change the timing? If so, which time is advisable for sun-exposure? Thanks.

hasmukh

4 years ago

Very nice and informative article. It is a pity thatPharma companies, with an eye only in their profits, misguided the whole community and made them scared of the sun and sunlight.

srinivasan M

4 years ago

Thanks to the Dr. to take a subject largely ignored and reveal some startling truths about Sun rays' and effects on skin, body and mind. Also exposing very important truth about skin care products containing carcinogens. This article needs to be read and re-read to erase the memory of wonderful skin care lotions advertised on a daily basis.

Suiketu Shah

4 years ago

Excellent article and 100% correct on sunlight.

nagesh kini

4 years ago

Though we are blessed with more than abundant sunlight a hell of a lot of our people still suffer from Vitamin D deficiency.
The simplest remedy is to work bare back in the garden exposing the back to the morning sun!
It costs no money.
Yet our folks are prescribed ad swallow costly tablets manufactured by MNCs.
Their effects are excreted though the urine.

B V KRISHNAN

4 years ago

Even now doctors continue to prescribe calcium tablets. How come the basic lesson that oral calcium has negative impact on the body is not taught to these doctors?

REPLY

nagesh kini

In Reply to B V KRISHNAN 4 years ago

If not how can the doctors and pharma cos. make money?

nagesh kini

In Reply to B V KRISHNAN 4 years ago

If not how can the doctors and pharma cos. make money?

raj

4 years ago

that's a really good and informative article.

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