Dividend Behaviour of Indian Companies Under Monetary Policy Restrictions

In this study we examine the dividend behaviour of Indian companies. We use GMM estimator, which is the most suitable methodology in a dynamic setting. Our results show that the Indian firms have lower target ratios and higher adjustment factors. The most significant result is that the restricted monetary policies have significant influence on the dividend behaviour of Indian firms, causing about 5-6 percent reduction in the payout ratios. The significance of macro economic policy variable suggest that monetary policy restrictions do have impact on cost of raising funds, and the information asymmetry between lenders and borrowers increases that forces companies to reduce their dividend payout.

Experimental on-stream elimination of resonant whirl in a large centrifugal compressor

Resonant whirl condition during operation of a multi-stage centrifugal compressor at higher than anticipated speeds and loads was reported. The condition was diagnosed by a large scale computerized Machinery Condition Monitoring System (MACMOS). This computerized system verified that the predominant subsynchronous whirl frequency locked in on the first resonant frequency of the compressor rotor and did not vary with compressor speed. Compressor stability calculations showed the rotor system had excessive hearing stiffness and inadequate effective damping. An optimum bearing design which was developed to minimize the unbalance response and to maximize the stability threshold is presented

Angular Dependent Magnetization Dynamics of Kagome Artificial Spin Ice Incorporating Topological Defects

We report angular-dependent spin-wave spectroscopy on kagome artificial spin ice made of large arrays of interconnected Ni80Fe20 nanobars. Spectra taken in saturated and disordered states exhibit a series of resonances with characteristic in-plane angular dependencies. Micromagnetic simulations allow us to interpret characteristic resonances of a two-step magnetization reversal of the nanomagnets. The dynamic properties are consistent with topological defects that are provoked via a magnetic field applied at specific angles. Simulations that we performed on previously investigated kagome artificial spin ice consisting of isolated nanobars show characteristic discrepancies in the spin wave modes which we explain by the absence of vertices.Comment: 14 pages and 5 figure

A CLEAN-based Method for Deconvolving Interstellar Pulse Broadening from Radio Pulses

Multipath propagation in the interstellar medium distorts radio pulses, an effect predominant for distant pulsars observed at low frequencies. Typically, broadened pulses are analyzed to determine the amount of propagation-induced pulse broadening, but with little interest in determining the undistorted pulse shapes. In this paper we develop and apply a method that recovers both the intrinsic pulse shape and the pulse broadening function that describes the scattering of an impulse. The method resembles the CLEAN algorithm used in synthesis imaging applications, although we search for the best pulse broadening function, and perform a true deconvolution to recover intrinsic pulse structre. As figures of merit to optimize the deconvolution, we use the positivity and symmetry of the deconvolved result along with the mean square residual and the number of points below a given threshold. Our method makes no prior assumptions about the intrinsic pulse shape and can be used for a range of scattering functions for the interstellar medium. It can therefore be applied to a wider variety of measured pulse shapes and degrees of scattering than the previous approaches. We apply the technique to both simulated data and data from Arecibo observations.Comment: 9 pages, 6 figures, Accepted for publication in the Astrophysical Journa

Designing of siRNAs for various target genes of Cucumber mosaic virus subgroup IB

119-125Cucumber mosaic virus (CMV) is a major production constraint in black pepper causing stunted disease. Resistant varieties are unavailable and control measures are not effective till now. Recently, RNA interference (RNAi) is the most promising strategy for combating virus infection in plants but the effectiveness depends on sequence specificity between the transgene and the targeting virus. This study was undertaken to design the most suitable region for double stranded RNA synthesis with maximum specificity and minimized off–targets for all the five genes of CMV from black pepper. A 400 bp off–target minimized region identified from each of the five genes was subjected to sequence polymorphism study with selected CMV subgroup IB strains and common ‘siRNAs’ were designed in silico. As 3b gene had the least variations (of 17%) with four common and potential siRNAs designed from this region in silico, a hairpin construct was assembled using this region in Agrobacterium that can be used for developing black pepper resistant to selected CMV subgroup IB strains

Surface recombination measurements on III–V candidate materials for nanostructure light-emitting diodes

Surface recombination is an important characteristic of an optoelectronic material. Although surface recombination is a limiting factor for very small devices it has not been studied intensively. We have investigated surface recombination velocity on the exposed surfaces of the AlGaN, InGaAs, and InGaAlP material systems by using absolute photoluminescence quantum efficiency measurements. Two of these three material systems have low enough surface recombination velocity to be usable in nanoscale photonic crystal light-emitting diodes

On Observing Dynamic Prioritised Actions in SOC

We study the impact on observational semantics for SOC of priority mechanisms which combine dynamic priority with local pre-emption. We define manageable notions of strong and weak labelled bisimilarities for COWS, a process calculus for SOC, and provide alternative characterisations in terms of open barbed bisimilarities. These semantics show that COWS’s priority mechanisms partially recover the capability to observe receive actions (that could not be observed in a purely asynchronous setting) and that high priority primitives for termination impose specific conditions on the bisimilarities

Abiotrophia Endocarditis in Children with No Underlying Heart Disease: A Rare but a Virulent Organism

Infective endocarditis is extremely rare in children with structurally normal hearts. The most common etiological agents are staphylococcal and streptococcal species. Nutritionally variant streptococci also classified as A biotrophia species are a group of fastidious organisms that account for only 5% to 6% of all cases of culture‐negative infective endocarditis. Only seven cases of A biotrophia infective endocarditis have been previously reported in children with no underlying structural heart disease. We report two cases of A biotrophia infective endocarditis in children without any predisposing factors. Both patients presented with nonspecific symptoms leading to delay in diagnosis. While bacteriological clearance was achieved in both cases, both had a complicated course including development of brain mycotic aneurysms, splenic infarction, renal failure, and irreversible damage to the mitral valve. Both patients required surgical removal of the native mitral valve and replacement. We also present review of seven cases with similar diagnosis published previously in literature and highlight important differences. Our cases highlight special challenges in management of A biotrophia endocarditis in pediatric patients. As the organism may not be isolated in routine culture media, may present with atypical clinical symptoms and may have a complicated course even without antibiotic failure, a high index of suspicion should be maintained in children with subacute symptoms even with no underlying structural cardiac disease.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/108296/1/chd12095.pd

The Index of (White) Noises and their Product Systems

(See detailed abstract in the article.) We single out the correct class of spatial product systems (and the spatial endomorphism semigroups with which the product systems are associated) that allows the most far reaching analogy in their classifiaction when compared with Arveson systems. The main differences are that mere existence of a unit is not it sufficient: The unit must be CENTRAL. And the tensor product under which the index is additive is not available for product systems of Hilbert modules. It must be replaced by a new product that even for Arveson systems need not coincide with the tensor product