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The IUP Journal of Chemistry
Focus

In chemoinformatics and bioinformatics, a number of multi-model approaches are available for finding out the relationships between dependent and independent
descriptors like chemical structure of a molecule and its biological activity, toxicity, physiological concentration. A large variety of descriptors are used to understand and simulate the dynamics of biochemical systems. Many applications in bioinformatics depend on the representation of molecules by descriptors and selection of descriptors. Descriptors, for example, could be spatial, topological, electronic, conformational, quantum mechanical, thermodynamic and information contents of molecules under study. Combinatorial Protocol in Multiple Linear Regression (CP-MLR) is a variable selection approach and generates multiple models to address the structure-activity relations in terms of different substructural regions and attributes in predicting the activity. A small number of variables can be selected for a large set of data in MLR modeling. Rational drug design involves the information search through databases containing the structures of a drug receptor or the use of one of its natural ligands to identify or create candidate drugs.

Organophosphorus compounds are degradable organic esters of phosphoric or thiophosphoric acid; such compounds are powerful acetylcholinesterase inhibitors and are primarily used in pesticides, insecticides and also used as fire-resistant hydraulic fluids, coolants and lubricants. All organophosphorus compounds are toxic and their widespread use has become the global concern. In environmental samples, these compounds are detected and estimated through the gas chromatographic response factor. The first paper, "Multi-Model Environment as a Rational Approach for Drug Design: An Experience with CP-MLR", by Shreekant Deshpande, Manish Kumar Gupta and Yenamandra
S Prabhakar, is an excellent overview based on the Quantitative Structure-Response Relationships (QSRR) of gas chromatographic response factor of organophosphonate esters.

Combinatorial Protocol in Multiple Linear Regression (CP-MLR), a filter-based variable selection procedure for model development in structure-activity or property relationship studies, has been used for the variable selection and identification of diverse QSRR models of the Gas Chromatograph (GC) response factor of organophosphonates. Further, Quantitative Structure-Activity Relationships (QSAR) used on flavonoids as aldose reductase inhibitors, 4-anilinoquinolines as antimalarial agents, 2, 3-dideoxy hex-2-enopyranosides as antitubercular agents and on tetrahydroquinolines as antimalarial agents. A multi-model environment effectively considers all or major structural features in addressing the optimization of the phenomenon. The principles underlying this procedure are statistically reliable and computationally efficient. The solutions obtained are unique for the given filter conditions. The procedure is flexible for integration into larger protocols. Different physicochemical and biochemical systems are efficiently optimized using this procedure. 5-[2-[4-(1,2-benzisothiazol-3-yl)-1-piperazinyl]ethyl]-6-chloro-1,3-dihydro -2H-indol-2-one-ziparsidone is a drug marketed with brand name Geodon. It is used for the treatment of schizophrenia, patients with acute mania and mixed states associated with bipolar disorder and in older adults with dementia. Ziparsidone has an in vitro 5-HT2A/dopamine D2 receptor affinity ratio higher than most clinically available antipsychotic agents.

There is always a demand to estimate such important drug by a simple approachable method. Now, simple spectrophotometers are available in small pathalogical labs or in small pharma units. The second paper, "Spectrophotometric Determination of Ziparsidone Hydrochloride (ZPD) Using Various Chromogenic Reagents", by V Annapurna, G Jyothi, A V Subbayamma and B B V Sailaja, describes three simple and sensitive methods for determination ziparsidone. It involves the oxidative coupling of ZPD with 3-Methyl-2-Benzathiazolinone Hydrazone (MBTH) reagent or the oxidative coupling of 4-Amino Phenazone (4-AP) or oxidation of ZPD with Fe(III), followed by Complexation of Fe(II) with 1,10 Phenanthroline. The sensitivity of these methods was further evaluated by studying their molar absorptivity values.

Most of the reactions in synthetic chemistry require one or the other solvent as a medium and later the disposal of the waste solvent may be hazardous or damaging to the environment and therefore a major cause of concern. Cleaner or green solvent technologies are now introduced with minimum use of solvent or no solvent at all. Interestingly, the third paper, "Efficient Acylation and Benzoylation of Alcohols and Phenols Using Cobalt Nitrate Under Solvent-Free Condition", by Vishvanath D Patil, Priyanka Rege, Jaymala Patil and Ganesh Dere, discusses an effective and selective solvent-free way of acylation and benzoylation of alcohols and phenols using acetyl chlorides and benzoyl chloride.

The fourth paper, "Proton Exchange Membrane (PEM) in Fuel Cells: A Review", by Deepti Gautam, Sadiya Anjum and Saiqa Ikram, is a review article. With limited natural energy resources and growing consumption of energy, investigations on Proton Exchange Membrane (PEM) in fuel cells are definitely significant. This review provides a brief overview on major developments and technical aspects of low cost proton conducting membranes, specifically, five different sorts viz., perfluorinated membranes, perfluorinated composite membranes, partially fluorinated membranes, non-fluorinated membranes and non-fluorinated composite membranes are discussed and further these are compared with a standard PEM, Nafion, in terms of their durability and efficiency.

Chalcones are an important class of aromatic compounds prepared typically by aldol condensation between a benzaldehyde and an acetophenone in the presence of NaOH as a catalyst in organic solvent. Chalcones are extensively studied due to their wide range of application in various sectors. Chalcones have antitumor, antiinflammatory, antifungal and antibacterial activities and are photosensitive. Thermally stable chalcones have a number of applications in electro-optical devices.

The fifth paper, "Infrared Spectral Linearity of Some Anti-Plasmoidal Potent Chalcones", by R Arulkumaran, R Sundararajan, G Vanangamudi, M Subramanian, K Ravi, V Sathiyendiran, S Srinivasan and G Thirunarayanan, reports a unique solvent-free method for synthesis of three series of styryl aryl ketones chalcones by grinding the benzaldehydes and aryl methyl ketones in the presence of solid sodium hydroxide. They are characterized by physical constants and spectral data and also tested for anti-plasmoidal activity.

-- Sushama Viladkar
Consulting Editor

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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