Business & Economy – Page 27

** Karnataka’s bio-economy to reach $50 billion by 2025

Karnataka is the third-largest producer of bio-fuels among the States which have reached 9% blending of petrol in 2021, he said, adding that the State’s Bio-tech industry crossed $180 million in R&D spend. A total of 95 bio-tech start-ups were set up in Karnataka in 2021, averaging almost 8 start-ups every month, the Minister stated.

Karnataka has emerged as the preferred destination for bio-tech investments in India. At present, the State hosts about 60% of the bio-tech companies in India and employs about 54% of the country’s total bio-tech workforce, according to Mr. Narayan.

Also, the bio-technology industry in the State has been at the forefront of fighting the Covid-19 pandemic by developing and deploying a variety of anti-virals, diagnostic tests, and administering vaccines. For instance; the State provided 2.3 lakh doses of Covid-19 vaccines per day totaling 86.4 million doses in 2021, he added.

** Biocon founder elected Fellow of Royal Society of Edinburgh

Kiran Mazumdar-Shaw will be joining RSE’s current Fellowship of around 1,700 Fellows who are recognised as being some of the greatest thinkers, researchers and practitioners working in or with Scotland

Kiran Mazumdar-Shaw, Executive Chairperson of Biocon and Biocon Biologics, has been elected as a Fellow of The Royal Society of Edinburgh (RSE).

Ms. Mazumdar-Shaw will be joining RSE’s current Fellowship of around 1,700 Fellows who are recognised as being some of the greatest thinkers, researchers and practitioners working in or with Scotland.

** Udupi: Kasturba Hospital presents Dr T M A Pai Arogya Sevak Awards, launches Privilege Card

The Kasturba Hospital Manipal, a well-known healthcare institution worldwide is now reaching a milestone year of its existence. For the past 60 years, Kasturba Hospital has been providing world class healthcare.

On this mile stone year, the hospital management has planned yearlong activities to highlight patient centricity, engagement activities with the general public, corporates, doctors and relationship building activities in the communities. The celebrations will be held under the tagline, “Patient First Always Since 1962.”

The prestigious Dr T M A Pai Arogya Sevak Awards were presented to Dr Shaila S Nayak from Karkala, Dr Girish Shenoy from Karkala, Dr Krishnadeva Kalkura from Udupi, Dr N Sureshchandra Shetty from Mandarthi and Dr Ampar Vasanth Kumar Shetty from Kundapura.

** KE Women Entrepreneurs all set to inspire, empower, shine

After being an idea in the pipeline for over two years, the Kanara Entrepreneur’s (KE) women members held their first ‘Meet & Greet over High Tea’ on Saturday at The Grand Magrath, Bangalore.

Attended by 25 members who were kept actively engaged throughout the evening, the well organized event has set a powerful and motivating precedent for the group. The 4 PM sharp start was led with a prayer by Reshma Saldanha, past director mentoring, and followed up with a keynote address by KE president, Clarence Pereira who reiterated the importance of a safe space for women entrepreneurs in KE to freely discuss, or vent out about their unique challenges and concerns and at the same time, be a source of support for each other sharing and celebrating each others’ wins.

** A vision to guide the challenged – meet Vidhya Y from Karnataka

Mocked for choosing mathematics in her childhood and discouraged by several institutions and teachers against pursuing science, with a ‘caution’ that it would be too difficult for her, visually-impaired entrepreneur Vidhya Y dared to dream big. She defied all odds to not just bag gold medals in her Masters, but is today leading other visually-challenged people to taste success, through effective learning in Science, Technology, Engineering, and Mathematics (STEM) courses.

Vidhya, along with Supriya Dey, an IT professional who was into research at IIIT-B; and Amit Prakash, a professor at the institute, founded Vision Empower (VE), a not-for-profit organisation that has designed an accessible learning management platform to promote experiential learning of STEM subjects, computational training, digital literacy, and early childhood programmes.

Its technology arm ‘Vembi Technologies’ has also developed the world’s most affordable Braille book reading solution for children called ‘Hexis-Antara’.

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** Rammanahalli becomes first Karnataka village to come under WiFi net

Rammanahalli, on Mahadevapura Road, on the outskirts of Mysuru, has become the first village in Karnataka, to entirely come under WiFi internet coverage.

With the establishment of a Public Data Office (PDO), the entire village has become a cost-effective WiFi zone, with high-speed internet, provided by Bharat Sanchar Nigam Limited (BSNL), an Union government-owned telecommunications service provider.

** Aster CMI hospital and IISc. to launch artificial intelligence lab in Bengaluru

The lab has been set up to build cutting edge AI products in the healthcare domain, and bridge the gap between clinical medicine and technology by training healthcare professionals in AI

To understand disease patterns and improve treatment outcomes using artificial intelligence (AI) tools, Aster CMI Hospital has joined hands with the Indian Institute of Science (IISc.) to launch an AI lab.

The lab was launched by Azad Moopen, founder Chairman and Managing Director, Aster DM Healthcare; Lokesh B., Consultant Neurology at the hospital; and Phaneendra K Yalavarthy, Professor of Medical Imaging, Department of Computational and Data Sciences, IISc.

** Manipal Hospitals introduces wearable to track activities of post-operative patients

`Digital monitoring and adherence to instructions will bring down readmissions, mortality significantly’

Patients’ post-discharge adherence to drug, diet and exercise/physiotherapy instructions from their medical practitioners and strict monitoring of their activities would reduce the rate of readmissions and mortality to a great extent, said Dr. Ranjan Shetty, the Head of Department, Cardiology at Manipal Hospitals.

To make post-surgical monitoring handy for patients, Manipal Hospitals on Thursday entered into a strategic partnership with ConnectedLife, a health management solutions provider, to introduce Fitbit, an intelligent wearable, built on Google Cloud to monitor patients’ progress after high-risk surgeries and procedures.

** Bengaluru entrepreneur , wife offer ₹105 cr. to IISc to set up centre for public health

Facility will be operational by 2024 and aims to encourage aspirants to pursue career in clinical research

The Indian Institute of Science (IISc) on Thursday signed a Memorandum of Understanding (MoU) with Ajit Isaac, founder and chairman of Quess Corp, and his wife Sarah Isaac to set up a Centre for Public Health on its campus. They have committed ₹105 crore towards the centre, which will be called Isaac Centre for Public Health (ICPH). It will be located in the IISc Medical School’s Academic and Research block and span over 27,000 sq ft.

The centre will be part of the postgraduate medical school soon to be established on campus. Earlier this year, philanthropist couples Susmita and Subroto Bagchi, and Radha and N.S. Parthasarathy had donated ₹425 crore to IISc to set up a postgraduate medical college and an 800-bed multi-specialty hospital on its Bengaluru campus.

** Karnataka Bank bags best MSME Bank of the year at ASSOCHAM’s Excellence Awards

Karnataka Bank has bagged “Best MSME Bank of the year – Winner” award among private sector Banks at the 8th MSMEs Excellence Awards Ceremony and Summit held on March 9, 2022 instituted by ASSOCHAM at New Delhi.

The award was received by Gopalakrishna Samaga B, DGM, Credit Marketing Department on behalf of Karnataka Bank Ltd in the presence of Narayan T Rane, Minister, Ministry of MSME, Government of India.