India Introduces First Nuclear Sub

As we learn from the Hindustan Times, India has today entered the club of nations that have nuclear subs.

The INS Arihant (Arihant means destroyer of the enemy) was entirely built in India. The submarine was named in a symbolic launching ceremony at the Indian Matsya shipyard.

The pictures provided by  the Hindustan Times display Russian built submarines (see below). So it is not actually clear to us, how the Indian Arihant looks like.

Russian Submarines

Russian Submarines

However, thankfully the Russian are ready to provide some technical information at ITAR-TASS who writes:

Submarine, which received the eloquent title “Arihant” which means “destroyer of enemies, has a displacement of about 6000 tons with a total length of the shell in the 104 meters. It is equipped with a capacity of 80 megawatt reactor, developed by specialists of Center of Bhabha Atomic Research – a leading national research and design agency industry.

The fuel unit uses highly enriched uranium, produced at specialized Department of Atomic Energy, in force near the city of Mysore. According to preliminary calculations, the nuclear submarine power plant will enable it to develop the speed to 30 knots and in the autonomous navigation of up to 90 days.

Satyam Back in Business

Curiously enough, Satyam seems to be back in business, although under a new company name Mahindra Satyam. One may remember earlier this year, the chairman Ramalinga Raju resigned after admiting to having falsified earnings and assets for several years which caused a hole of 50.4 bln rupees (1.03 bln dollars), Bloomberg story here.

Ramalinga Raju and a few others a currently still under investigation and a court approved that the Indian Central Bureau of Investigation (CBI) can perform “lie detector and brain mapping test[s]” on them. (WTF,  is a brain mapping test? Probably an MRI, but not sure)

Writes the Hindustan Times:

The CBI told the state high court last month that Ramalinga Raju also diverted and misappropriated funds of Satyam through foreign bank accounts. In a written submission during the hearing of bail application of former auditor S. Gopalakrishnan, the CBI said it sought Interpol’s help to identify the end users of these funds.

Obviously Satyam has passed the rite of passage test of the corporate state and has demonstrated that it is willing to cook the books to please its customers, who can then rightly claim that outsourcing was a success because it made them save money and increase profits (and bonuses with that, but for some reason they never say that out loud).

Among customers of Satyam are Nestlé for its outsourcing GLOBE projects and now Glaxo. As we read again in the Hindustan Times: Continue reading