SBI opens first branch for startups in Bengaluru

State Bank of India, while inaugurating the ‘SBI Start-Up Branch’ at Koramangala, said the facility comes under a pact between the Karnataka government and SBI to further boost the state’s startup ecosystem

India’s largest lender SBI on Tuesday opened its first-ever startup branch in Bengaluru, which will be dedicated to fund and support early-stage entrepreneurs in setting up new companies till their listing on stock exchanges.

Karnataka has been ranked the best state in the country in terms of startup ecosystem and creating new avenues for them to access credit and funding, SBI said in a release.

“It is the first in the country to provide financing to support startup growth, facilitating entrepreneurs all the way to realise their dreams,” Ashwath Narayan C. N., Minister for Higher Education; IT & BT, Science & Technology; Skill Development, Entrepreneurship & Livelihood, government of Karnataka, said on Twitter, the release said.

Exclusively for startups

The exclusive branch for startups will provide services such as loans, deposits, transaction banking, outward and inward remittances, payments, cash management, forex, insurance, custodial services, capital market and legal advisory, structuring, demat and trading.

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Mangaluru: Fashionavya, exclusive collection by country’s best designers inaugurated

A much-awaited event for all fashion enthusiasts, a two- day ‘Fashionavya’, was inaugurated at Hotel Moti Mahal on Tuesday, August 16.

President of Ladies Circle 82 Monisha D Souza, president of Ladies Club Shirley Coelho, secretary Nayana Fernandes, JCI member and social worker Sumayya S K, psychologist Dr Ruksana Hasan, public relations officer Akshatha Lathish, president of Inner Wheel Club of Mangaluru North Vasanthi Kamath, immediate past president of Inner Wheel Mangaluru North Bharathi Prakash, member Sudha Jairam, counsellor, astrologer Kavitha and others were the guests for Fashionavya inaugural ceremony.

Fashionavya curates the exclusive collection of some of the latest and sought-after enthusiastic designers, who are mindfully handpicked from all over India. These designers bring in the best of the in-season assortments at the cost-effective latest designs on August 16 and 17, 11 am to 9 PM at Hotel Moti Mahal. Entry is free for visitors with all Covid safety protocols.

Fashionista, serving fashion lovers since 2008 with 350+ exhibitions in 40 Indian cities, is set to fascinate Mangaluru this time, with its 3rd Edition of Fashionavya.

Fashionista has recently won ‘The Gold Award 2022 in the Regional Star Category’ in the ‘Exhibitions Excellence Awards 2022,’ Delhi for conducting the greatest number of exhibitions in B-Cities of India. The award is one of the highest accolades an exhibition company can receive.

Fashionavya will offer apparel, jewellery, accessories, beauty products, cosmetics, fragrances, home decor, gifts, consumer durables, etc. If one is looking for some exclusive additions to their wardrobe for the upcoming season, then one must check in with the Fashionavya exhibition.

Fashion and lifestyle brands will be participating in this exclusive event from 20 diverse cities like Mumbai, Delhi, Kolkata, Jaipur, Pune, Jalna, Raipur, Ahmedabad, Bengaluru, Bhopal, Surat, Dharwad, Kolhapur, Belgavi, Coimbatore, Mangaluru and many more.

Managing director of Fashionista Pawan Shankar, propreitor Yukthi Shankar and floor manager Vinod were present.

Contact:

+91 9930734181

+91 9820175842

+91 9619780555

+91 9619780581

Website: www.fashionistaindia.com

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Puttur: Historical well with Gandhiji connection exists here

 Even as the country celebrates ‘Azadi Ka Amrit Mahotsav’ this year it is time to remember, recall and respect all the political sufferers and freedom fighters who have fought for India’s independence.

Mahatma Gandhi who played a key role in India’s freedom struggle is remembered for his visit to Dakshina Kannada district. He was on a visit to Puttur as part of the campaign to eradicate untouchability against the dalits.

He was instrumental in galvanising the freedom struggle and in ensuring equality in society especially with regard to the dalits.

In 1934, Mahatma Gandhi had paid a visit to Puttur on his way from Sullia by foot. He was received then by M S Kille, Mallya, Molahalli Shivarayaru and Shivarama Karanth among other luminaries. Gandhi had participated in a small meeting below a large peepal tree at the present Puttur government bus station.

Gandhi had given a call to eradicate untouchability. He paid a visit to two dalit colonies in Puttur and in particular his visit to Ragikumeru colony is still remembered. There was no supply of drinking water to the families of Ragikumeru. It is said that people of the colony were consuming drainage water that was flowing adjacent to their colony. Noticing this, Gandhi directed his confidants to immediately construct a well which exists even to this day next to the Ragikumeru road.

The youths have come to know of Gandhi’s visit to the colony today. Gandhi’s visit was and has been fondly remembered by the people of the colony as he had directed his confidants to construct a well at a time when the region was facing a shortage of food.

This well falls under the ambit of the city municipal council. However, the water in the well is not being widely used these days as adequate drinking water is being supplied through pipelines to the inhabitants of Puttur. But, the existence of this well brings back memories of Gandhi among the people of Puttur and Gandhi’s largesse in getting a well constructed.

The lives of the residents of Ragikumeru have considerably improved but residents feel a lot more needs to be done. 

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Six police officers from State selected for Union Home Minister’s award

Superintendent of Police (Lokayukta) Lakshmi Ganesh K. is among six officials from the State selected for the prestigious Union Home Minister’s medal for excellence in investigation for the current year.

The other officers include Shankar K Marihal , SP, HESCOM, Hubballi Division, Venkatappa Nayaka, Dy.SP, Sindhanoor sub division, Raichur district, M.R. Gowtham, Dy.SP, Karnataka Lokayukta, Ramanagaram district, Shankaragouda Patil, Dy.SP, CID, Kalaburagi, and H. Gurubasavaraj, Inspector, Basavanagar station, Davanagere .

These officials are among the 151 officers selected for the award across the country.

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8-yr-old Mangalurean boy becomes youngest in GCC to climb Mt Kilimanjaro peak

Eight-year-old Ayaan Mendon from Mangaluru became the youngest person in the Gulf Cooperation Council (GCC) to climb Mount Kilimanjaro, the highest peak in Africa on August 4.

On the morning of the August 4, Ayaan stood against the sign reading ‘Uhuru Peak’ in bold, holding the Indian flag after finishing a eight-day hike to Kilimanjaro.

Ayaan Mendon is from Mangaluru who resides in Dubai. He is currently studying at the North London Collegiate School Dubai. Climbing Mount Kilimanjaro has been on his bucket list since he was six. Wanting to be part of a former hike with his parents to Mount Elbrus and being young, he was promised to be taken on for the next hike.

On a practice hike in Nepal, he did very well, which gave his parents the confidence to take him to Kilimanjaro. There starts the planning and preparation for Kilimanjaro.

The training was not easy. Ayaan loves to train with his swimming squad (Proactive Academy) and his trainer (Coach Tariq) for boxing and other workouts. Ayaan is very energetic and is always ready for adventures. Ayaan had trained himself for two years unknowingly that it was to achieve this feat.

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‘American firms in Bengaluru bolstering US-India economic ties’

On her first visit to Bengaluru after assuming charge in September 2021, US Mission India Charge d’Affaires, Patricia Lacina met with business leaders and entrepreneurs to underscore the strong US-India economic and commercial ties.

Lacina acknowledged the immense contributions of over 650 US companies in Bengaluru that employ tens of thousands of Indian citizens in high-standard work environments in the formal sector.

She applauded their immense contribution to the US-India bilateral relationship — not only through their economic ties and investments, but also through corporate social responsibility initiatives and a commitment to the development of employee skills.

“This year, as our two countries commemorate 75 years of diplomatic relations and trusted partnership, we celebrate a US-India partnership defined by US President Joe Biden recently as deep connection between our people – ties of family, of friendship, and of shared values. It is because of these shared values that US and Indian firms work so well together, forging a path for innovation and prosperity.”

Joining her in Bengaluru were US Consul General in Chennai Judith Ravin and Director of the US National Science Foundation (NSF) Dr. Sethuraman Panchanathan.

The NSF Director visited Bengaluru to expand upon the strong partnership within the fields of science and technology. A Chennai native and graduate of the Indian Institute of Science, Panchanathan is in India to announce NSF funding for 35 collaborative research projects between US and Indian university laboratories.

NSF, under the direction of Panchanathan, is tasked with keeping the US at the leading edge of discovery in a wide range of scientific areas.

NSF has recently been the subject of major legislation which, in addition to supporting funding in all areas of basic research, establishes a new directorate for Technology, Innovation, and Partnership to greatly accelerate the translation of research to application.

Panchanathan also gave the Dr. M.A. Govind Rau Founder Memorial Lecture at the Indian Institute of Science (IISc), Bengaluru.

Lacina used the occasion to mark the arrival of the new Counsellor for Commercial Affairs Carey Arun.

Based in Chennai, Arun will oversee the US Commercial Service’s efforts in south India, supporting opportunities for US-India trade and business. The US Commercial Service has offices in Chennai and Bengaluru.

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Governor honours three freedom fighters

On the anniversary of the Quit India Movement and the Amrit Mahotsav of India’s Independence, Governor Thaawarchand Gehlot on Tuesday visited residences of freedom fighters and felicitated them.

Mr. Gehlot visited the residence of H.V. Nagabhushan Rao at Malleswaram in the city and felicitated him with a shawl, Mysore peta, and a bouquet. “I was jailed twice,” Mr. Nagabhushan, 102, said. “The first time was in 1942. Then, in 1947, when we started the fight against colonial British rule”.

Minister for Higher Education C.N. Ashwath Narayan, also the Malleswaram MLA, accompanied Mr. Gehlot.

The Governor also visited 97-year-old freedom fighter R. Narayanappa’s residence at J.P. Nagar. He recalled his teenage days during the freedom struggle. Revenue Minister R. Ashok accompanied the Governor.

In a statement, Mr. Gehlot said no one can appreciate freedom without those who fought for it. “It is our duty to respect and serve all of our freedom fighters and their families for their selfless dedication and sacrifices,” he said.

Mr. Gehlot then visited Shankaranaraya Rao, a 91-year-old freedom fighter residing in Banashankari III Stage. He took part in the Quit India Movement as well as a rally in 1947.

Generally, the State government extends invitations to freedom fighters requesting them to participate in the Independence Day celebrations at Manekshaw Parade Grounds in Bengaluru.

On the same day, in the evening, the Governor has the tradition of hosting high tea at Raj Bhavan for freedom fighters and other dignitaries of the State.

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Commonwealth Games: Gold smash

From bronze to silver and now gold, 21-year-old ace shuttler Lakshya Sen has etched his name in history at the Commonwealth Games 2022 with the crown of champion in the Men’s single category.

A gold at the Commonwealth Games debut and beating a world champion with a stunning comeback after losing the first game narrowly, and the exhaustion vanished giving way to exhilaration for Lakshya Sen who has travelled from Birmingham to Hyderabad and finally, Bengaluru. The golden boy of the Men’s single badminton, Sen was given a rousing reception with a live band playing the dhol.

Before heading home, Sen went to the Prakash Padukone Badminton Academy, where he was coached by the champion Prakash Padukone, who was the first to win a gold medal at the 1978 Commonwealth Games in Edmonton, and forme r national champion Vimal Kumar. For a champion, the place where he hones his skills is always sacred, and Sen was extremely grateful to his coaches for his victory by pummelling Malaysia’s Ng Tze Yong.

fter that, I will resume training for the world championship,” says the 21-year-old, who hates ice baths which help athletes recover. What does the champ do when he is not following a gruelling training regime or thrashing opponents? Like anyone his age, Sen hangs out with friends.

“Since I stay far away from the city, I have to plan out my day when I catch up with friends. I also love playing on my playstation and watching thrillers,” says Sen, who moved to Bengaluru from Uttarakhand, when he was about nine to fulfil his ‘lakshya’ of becoming a champion shuttler.

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Writing A New Story In Premium Pen Business

William Penn, India’s leading brand for premium writing instruments and lifestyle accessories recently acquired Sheaffer, the 110-year-old iconic American manufacturing company of writing instruments, mainly known for their luxury fountain pens.

In 1907, Walter A. Sheaffer invented an ink-loading system for fountain pens and W.A. Sheaffer Pen Company was incorporated in the US on May 16, 1913 and grew to spread its footprint in over 75 countries. With the Sheaffer ac quisition, William Penn has become a global brand.

Founder and Managing Director of William Penn Nikhil Ranjan, who is a Mysurean, always believed in the power of the written word. After getting a mechanical engineering degree in Mysuru, Nikhil thought out-of-the-box and founded William Penn in Bengaluru in 2002, to introduce the beauty of fine stationery. He launched a line of luxury stationery and soon, his business flourished. Today,  William Penn is also credited with bringingthe fountain pen and ink back from the brink and reclaiming its rightful place in fine writing. B.C. Thimmaiah of Star of Mysore spoke to him about the acquisition and what it means to William Penn. —Excerpts:

Star of Mysore (SOM): What do you have to say about this acquisition?

Nikhil Ranjan: Well, we have been in the business for the last 20 years and until now, we have been the retailer and distributor of global brands. This is an opportunity for us to own a global brand and that’s a big step for us. This allows us to design and market products across the world because Sheaffer is an iconic brand, it is a 110-year-old brand present in 75 countries. We will have a footprint in those countries and it is a huge leap.

We also believe that as a company which is home-grown, out of India and being a global brand, having the opportunity to design and market products to have an impact around the world is what excites us.

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Bidar school launches online database of freedom fighters

Bidar-based Shaheen Group of Institutions has launched a multi media programme to spread awareness about freedom fighters and their contribution to India’s Independence movement. QR codes used to share text, audio and videos

Bidar-based Shaheen Group of Institutions has launched a multi media programme to spread awareness about freedom fighters and their contribution to India’s Independence movement.

The school and colleges in the group will share a database on the lives of 100 freedom fighters that includes photos, videos, audios and documents. The sharing will be done online using social media and websites, and offline by attaching Quick Response codes (QR codes) to the images of freedom fighters that are pasted in prominent places across Karnataka.

“We hope to reach at least one crore people with this programme,” Abdul Quadeer, school society chairman, told journalists on August 8 during an exhibition of photographs and images in the park adjoining Shaheen PUC College in Shahapur in Bidar.

Bidar Deputy Commissioner Govind Reddy and Superintendent of Police Dekka Kishor Babu inaugurated the exhibition.

The exhibition will be open till August 10. Each of the 100 photographs has a QR code at the bottom. Scanning the QR code will lead to the data base of text, audio and video clips related to the image in Kannada, English and Urdu languages.

The exhibition has images of Mahatma Gandhi, Subhas Chandra Bose, Lal Bahadur Shastri, Bhagat Singh, Sukh Dev, Chandrashekar Azad, Sardar Vallabhbhai Patel, Nana Saheb, Lala Lajpat Rai, Rani Lakshmibai, Tipu Sultan, Hyder Ali, Mirza Khasim Ali Khan, Siraj Ud Daula, Haji Shariatullah, Begum Hazrat Mahal and others.

After the exhibition, the images will be kept in public places around Karnataka.

“Our freedom fighters are already well known. We hope that the exhibition and the online data base will kindle the spirit of the independence movement among the youth and students,” said Dr. Quadeer said.

This exhibition is part of the Azadi Ka Amrut Mahotsav, which is a celebration 75 years of independence.

The group will promote hoisting of the national flag as part of the Har Ghar Tiranga programme. The group will motivate at least 1,000 students to fly the tricolour in their homes. It aims to distribute 50,000 pocket-size flags and 10,000 hand-held flags among the people.

The activities include essay writing and elocution competitions with a focus on the independence movement.

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