Tata Power And Wipro Emerged As Most Ethical Companies in India

As per the study of Ethisphere Institute (USA), Wipro Limited and Tata Power Company emerged as the only Indian entities in the 2014 list of World’s Most Ethical Companies.

2014 World’s Most Ethical (WME) Companies

  • Assessment is based on the Ethisphere Institute’s Ethics Quotient framework. Ethisphere that has prepared a list of 144 companies of different sectors viz.  Aerospace and Defense, Agriculture, Automotive, Banking, Computer Services, Chemicals, Electronics, etc.
  • Key categories that are taken into account while scoring the companies: Ethics and compliance programme (25%), reputation, leadership and innovation (20%), governance (10%), corporate citizenship and responsibility (25%) and culture of ethics (20%).
  • Only three Indian global firms that are headed by an India-origin individuals are in the list viz. Satya Nadella-led software giant Microsoft Corporation, Indra Nooyi-led beverages company PepsiCo and Shantanu Narayen-led software major Adobe Systems.
  • Indian Entities: Wipro Limited and Tata Power. (Wipro and Tata Steel also bagged the 2012 and 2013 list of WME companies).
  • Dell, Intel, Microsoft, Google, etc, are in the list.
  • WME honorees not only promote ethical business standards and practices internally, they exceed legal compliance minimums and shape future industry standards by introducing best practices today.
  • Provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.

 Note: The Ethisphere Institute is an independent center of research, best practices and thought leadership that promotes best practices in corporate ethics and compliance and enables organizations to improve governance, mitigate risk and enhance relationships with employees, business partners, investors and the broad regulatory community.

Scientists develop an artificial heart

The scientists from the Harvard Medical School, Boston developed an artificial heart that can beat in animals. This discovery could be helpful in repairing damaged hearts enabling millions of people around the world live longer, healthier lives.

Steps taken by scientists to develop artificial heart that beats in animals

In order to develop the artificial heart similar to natural heart, scientists developed a new family of hydrogel using a stretchy human protein known as tropoelastin.

  • Led by Dr. Ali Khademhosseini of the HarvardMedicalSchool.
  • Hydrogel are natural protein that are soft and contain a lot of water viz. human tissues.  They can be tuned to attain chemical, biological, mechanical and electrical properties which are essential for regeneration of any human tissue.
  • Though, existent hydrogel did not have the needed elasticity as the natural human heart has.
  • In order to overcome this, the scientists used a stretchy human protein called tropoelastin to give the newly developed hydrogel the much needed resilience and strength that is important in keeping intact the elasticity of the natural heart.
  • After developing the hydrogel, then scientists developed the artificial cells.
  • To make sure the cells form the right structure, scientists used 3-D printing and micro engineering techniques to create patterns in the gels. These patterns coax the cells to grow the way the researchers want them to.
  • These newly developed hydrogel are micro patterned and elastic and can be further used as cardiac patches.
  • This elastic natural hydrogel can be used for the regeneration of other tissues viz. blood vessels, skeletal muscle, heart valves and vascularized skin.

Note: At present, the best treatment option for patients with major heart damage is an organ transplant.