Category: Business & Economy

** Karnataka second in digital transactions on PhonePe in Q3 2021

Maharashtra took the top spot

Karnataka recorded the second-highest number of digital transactions on fintech platform PhonePe in the July-September quarter of calendar year 2021. Maharashtra took the top spot.

Bengaluru Urban was the top district accounting for around 63% of the total digital transactions in Karnataka, with the value of the transactions in the metropolitan area being ₹48 crore. This was followed by Mysuru with transactions valued at ₹2.5 crore and Bengaluru Rural with ₹1.82 crore, according to the company.

** Wipro GE to offer genuine med-tech devices online through GE Shop

Sets up B2B e-commerce platform

Wipro GE Healthcare has set up GE Shop, a B2B e-commerce platform, to enable the purchase of genuine med-tech devices, equipment, and their parts and accessories online.

Through the GE Shop, Wipro GE Healthcare aims to address the underserved Tier II & III markets in India. This initiative is aligned to GE’s vision of democratising access and unlocking better value in healthcare systems across India.

** KSLSA to launch legal services clinic in BBMP to resolve citizen’s grievances

The Karnataka State Legal Services Authority (KSLSA) will soon start a Legal Services Clinic in Bruhat Bengaluru Mahanagara Palike (BBMP) to resolve grievances related to property khata and other issues by offering free legal assistance to citizens.

** Prestige Group Co-Founder Rezwan Razack Conferred With Honorary Doctorate By GD Goenka University

Rezwan Razack is Co-Founder and Joint MD of Bangalore-based Prestige Group and is hailed as the largest collector of Indian currency.

He is also the founder of South India’s first currency museum in Bengaluru, one of the largest and most authentic collections of Indian paper money and coins.

He is co-author of the Revised Standard Reference Guide to Indian Paper Money.

** Mangaluru: Inaasam’s Pereira Hotel turns 100 – Satiating taste buds since a century

Standing proud in the center of the city, Pereira’s Hotel, popularly known as ‘Inaasam’s’ after its founder the late Ignatius Pereira, completes a century of churning out authentic Mangalurean cuisine and satisfying generations of customers.

Established in 1921, it primarily catered to the homely ‘sheethkady’ (fish curry and rice) and other traditional Mangalurean Catholic food cooked on firewood which gave it a distinct homemade flavour. It has stood the test of time by maintaining its old world charm yet moving forward to cater to new demands in the market. It is this quality which has made Pereira’s a household name in the entire district and far beyond for the last 100 years. Older generations of Mangalureans from all over the world still speak fondly of their yesteryear meals at Pereira’s, delicious and affordable.

** Top spot

As the first woman vice-president in the 153-year history of the prestigious Bangalore Club, Annabelle Manwaring tells CE about her decades-old association with the space.

 For Annabelle Manwaring, managing and strategising has been central to her job as an advertising professional. Although she quit her decades-long advertising job in 2006, the fundamental principles of leadership still stay with her. Now, as she takes over as the first woman vice-president of the Bangalore Club, many of these traits come in handy. 

* 7500 patents and counting… How Samsung’s Bangalore centre fires up innovation

Dr Aloknath De, CTO of the Samsung Research Institute Bangalore, tells indianexpress.com how the company’s dedicated research centres have seen a 100% growth over the past four years on patents.

Over 7500 patents globally and 3500 patents just in India. This is not the count of a global university with top of the line research facilities, but the Samsung Research Institute (SRI) in Bangalore, the Korean tech giant’s largest R&D centre outside Korea, which has been able to inculcate a culture of innovation among its engineers.

** Udupi man designs unique multi-featured 2WD E-scooter

Jayaprakash, an IT support engineer worked at NIC department of Manipal.

Driven by his ambition and to realize his dream, he resigned from his job.

At present, he is staying in a small cottage with his family. He drives an auto rickshaw during his free time. Now he has built a multi motor-powered unique E-scooter, which is suitable for all roads.

** Karnataka Skill development Corp to train nurses, farmers going abroad

At present, the corporation is training 60 nurses in IELTS (english language testing system), who are expected to go to the UK where there is a requirement of 45,000 nurses.

 Be it demand for farmers in Japan or nurses in the United Kingdom, the Karnataka Skill Development Corporation (KSDC) is looking to plug the gap for labour in other countries, while also working pro bono as an agency for those who want to move outside India for employment.

At present, the corporation is training 60 nurses in IELTS (english language testing system), who are expected to go to the UK where there is a requirement of 45,000 nurses.  The training started after a collaboration between KSDC and International Skill Development Corporation was inked in the last week of October, and it is expected to last six months.