Category: Business & Economy

** Mangaluru: LiveStream Studio inaugurated at World Konkani Centre

Nirupama G Shenoy inaugurated the new LiveStream Studio donated by Nandakumar Shenoy in memory of his parents Lakshmi and V Nandagopal Shenoy at the World Konkani Centre on Friday October 15.

In his inaugural address, Nandakumar Shenoy stressed the need for means of communication to reach out to the community without facing the hindrances of dialects and regions. “Our ancestors did many good things for us. Now with the same spirit, we have to hand over some good things to our future generation. The legacy of our culture and language should be continued. I hope this facility will turn into a knowledge enrichment center.”

** Progressive Karnataka farmer generates power from pond

Suresh Balnad, a resident of Bayar in Balnad village of Puttur taluk, uses water from a pond that is above 60 feet to generate power. He has fixed a wind turbine with a pipe to generate electricity. For the last 17 years, Suresh has been producing 2 kilowatt (KV) of power as water flows via canal.

** Reading between the lines

With a plethora of options to choose from in the book space, zeroing in on a book that really interests you could be quite a challenge. Which is where these ‘Book Doctors’ intervene. MyBookWorks is a Bengaluru-based startup that aims to provide a hyper-personal reading programme to corporates to boost the personal and professional development of employees.  

Founded by IT professionals Deepthi Rajan, Prayukth KV and Nitin Saxena, the birth of MyBookWorks took place following the downward trend in the reading habit among working professionals. 

** Five scientists, engineers get IISc’s Distinguished Alumnus Award

This year’s awardees are Dr Anuradha M Annaswamy, a senior research scientist at Massachusetts Institute of Technology (MIT), Professor Sajal K Das of Missouri University of Science and Technology, Professor T Pradeep of IIT Madras, Professor C S Raghavendra of the University of Southern California and Dr Ritu Shrivastava, a former vice president of Technology Development at SanDisk Corporation.

** AASSC ties up with Bengaluru-based company to launch drone learning course

ndian youth will soon be skilled to capitalise on developments in the drone industry. The Aerospace and Aviation Sector Skill Council (AASSC) apex body set-up under the Government-led initiative of “Skill India” to train the Indian workforce has signed an MoU with a Bengaluru-based Drone Learning and Research Company. 

“With Drones being one of the fastest growing industries in India , AASSC and we have jointly developed a Drone professional certificate course for our youth to get them ready for future jobs and entrepreneurial opportunities,” said  Capt Gaurav Nath, Founder & CEO, ClearSkies Aviation OPC Pvt Ltd, a Drone Learning & Research Company founded by Industry leaders and academician focused on Unmanned Aviation sector.

** Commercial cultivation of bamboo begins in Karnataka’s coastal region

Bharatiya Kisan Sangh has distributed 10,000 tissue cultured plants of bamboo in the last one year in the coastal region

With the threat of Yellow Leaf Disease spreading to vast tracts of arecanut plantations looming large, farmers in the State’s coastal belt have now begun commercial cultivation of bamboo in a small way.

The Bharatiya Kisan Sangh, which has taken the lead, has distributed 10,000 tissue cultured plants of bamboo from Bhatkal to Kasaragod (Kerala) in the last one year, according to sangh director and convener M.G. Sathyanarayana. Except a farmer who has cultivated them as an orchard, a majority of them have taken it up as border cultivation.

** Lulu Hypermarket opens in Rajajinagar on Monday

The first Lulu Hypermarket opens at Global Malls, in Rajajinagar, on Monday. It is billed to be the biggest hypermarket in Bengaluru, with the largest indoor entertainment zone, Funtura.  

Launched by Lulu Group, the UAE multinational conglomerate, the mall is located on 14 acres, with 132 stores and 17 kiosks of retail brands across five storeys, spanning over 8 lakh sqft.

** ‘Largest’ residential rooftop solar power plant commissioned in Bengaluru

A rooftop solar power plant, touted as “the largest” for a residential apartment complex in the country, was inaugurated in the city on Saturday. Enphase Energy announced the installation of the 354.4KW plant over 13 residential high-rise buildings at the Brigade Gateway Apartment Complex here.

“This is the largest rooftop solar power plant for a residential apartment complex in India, that enables residents to save up to 69% of their present estimated consumption, while also helping save carbon emission of up to 530 tons annually,” a release said.