Category: Business & Economy

* Karnataka Bank bags awards at tech conference

The bank bagged three awards at the 17th Annual Banking Technology Conference and Awards 2020-21 Next Gen Banking, organised by Indian Banks’ Association

Karnataka Bank has bagged three coveted awards at the 17th Annual Banking Technology Conference and Awards 2020-21 Next Gen Banking, organised by Indian Banks’ Association on February 14.

The bank has won won awards for Best Technology Bank of the Year, Best Fintech Adoption and Best Use of AI/ML and Data Analytics, emerging second in all these categories.

* Bengaluru’s M Visvesvaraya terminal to be India’s third ‘world-class’ railway station

The M Visvesvaraya railway terminal in Bengaluru is ready for commissioning as the country’s third ‘world-class’ railway station in the near future.  Earlier, the Gandhinagar capital railway station in Gujarat and the Rani Kamlapati railway station in Madhya Pradesh were redeveloped and commissioned as the country’s first and second ‘world-class’ stations of the Indian railways.

* Mindtree co-founders donate Rs 425 crore to IISc to help build an 800-bed multi-specialty hospital

This is the single largest private donation IISc has received to build the postgraduate medical school and multi-specialty hospital, officials of the Institute said.

Philanthropist couples Susmita and Subroto Bagchi and Radha and NS Parthasarathy collectively donated Rs 425 crore to the Indian Institute of Science (IISc) to set up a postgraduate medical school along with an 800-bed multi-speciality hospital in its Bengaluru campus.

* Ravi Kakyapadav selected for annual Mangaluru Press Club Award

Ravi Kakyapadav, who became a successful entrepreneur despite illiteracy, provided jobs to about 300 people and is helping the poor is selected for the annual Mangaluru Press Club Award being presented to the special achievers.

The selection was made by the committee of senior journalist Manohar Prasad, Indian Red Cross society, Dakshina Kannada branch executive committee member, social worker Ravindranath K and Sahyadri Engineering College professor Dr G Ananta Prabhu.

He came to Subrahmanya in 2000 and became painter and transport worker before becoming a contractor. He later started his own Anugraha construction and Amratha Anugraha Industries at Anekal and became a successful contractor. He has constructed more than 265 houses and five apartments providing jobs to about 300 people.

* Mangaluru: S Ganesh Rao chosen for A Shama Rao Memorial outstanding achievement Award

Shri S. Ganesh Rao, is chosen for A Shama Rao Memorial outstanding achievement Award 2022 in undivided South Canara District.

A Shama Rao Memorial Achievement Award 2022 for his contribution in the field of education, employment, social and community service. This award will be conferred on S Ganesh Rao, chairman, G R Education Trust and Karavali Group of Colleges on February 14, 2022 during Founder’s Day celebrations in the presence of Dr CA A Raghavendra Rao, president, A Shama Rao Foundation, Mangaluru and Chancellor, Srinivas University at Srinivas University Campus, Pandeshwara, Mangaluru.

** NRI teen girl invents problem-based learning to helps kids

“I saw my parents testing lead levels in water at home and the process was tedious, unreliable and expensive,” she said.

 Gitanjali Rao, a child prodigy and inventor, said the cause of her success was her community, a supportive environment as well as the focus on problem-based learning in schools.

Speaking at the Diaspora Diplomacy speaker series, organised by the US Mission in India, the 16-year-old talked about her experiences, her thought processes as well as her upcoming inventions. Gitanjali, an Indian-origin student from the US, is an accomplished inventor, having come to the forefront with Tethys, a device that detects lead levels in water and transmits the information over Bluetooth.

* Appointed : Woman entrepreneur Anjana Basanagoudar has been appointed as Chairperson of the Karnatak Chamber of Commerce and Industry (KCCI)

Woman entrepreneur Anjana Basanagoudar has been appointed as Chairperson of the Karnatak Chamber of Commerce and Industry (KCCI) Sub-Committee on Woman Entrepreneurs.

Woman entrepreneurs and women interested in taking up self-employment are requested to contact Ms. Basanagoudar on Ph: 9343432672 or KCCI office on Ph: 8105753471 for further details, Honorary Secretary of KCCI Praveen Agadi has said in a release.

* Experts recall success story of CFTRI’s infant food from buffalo’s milk

The story behind the formulation of infant food (Amul) from buffalo’s milk using the technology developed by the scientists from CSIR-Central Food Technological Research Institute (CFTRI) was retold during a webinar organised on Monday, in commemoration of 80 years of Council of Scientific and Industrial Research (CSIR).

Under the title “80 years and 80 success stories”, experts, including present and former CFTRI directors, former senior official of Amul and others brought to light how the infant food using buffalo’s milk was formulated and the efforts put in by the scientists of CSIR-CFTRI decades ago when resources were in scarce.

* Bengaluru-based biotech lab develops tabletop papaya variety ‘Dawn Delight’

Developed by Thomas Biotech Lab, the papaya variety, christened ‘Dawn Delight’, grows only up to three or four feet and is best for cultivation on the terrace, balconies, and kitchen gardens.