Dubai: Bearys Chamber of Commerce & Industry all set to open its UAE chapter

Media Release
September 17, 2018

Dubai, Sept 17: The Bearys Chamber of Commerce & Industry (BCCI), Mangaluru is all set to form its UAE chapter on 19th October, 2018, at Pearl Creek Hotel, Deira, Dubai.

BCCI President Hajee S M Rasheed will preside over the function. U T Khader, Minister for Housing and Urban Development, B M Farookh, MLC, Thumbay Moidin, NRI entrepreneur, Abdul Latheef, Mohammed Mansoor and other dignitaries will attend the function.

In line with forthcoming inaugural programme, an organizing /reception committee was formed and its preliminary meeting was held on 7th September, 2018 at the Conference Room, Burg Khalifa Residence, Dubai. Dr B K Yusuf, Presided over the function. Imran Ahmed recited the Quranic verses.

Muhammed Ali Uchil and S.M.Basheer briefed on the meeting.

Dr.B.K.Yusuf, Muhammed Ali Uchil, S.M.Basheer, and Althaf Khatib are assigned as organizers to liaise with parent body, the members and call for meeting, booking of venue and sending emails/WhatsApp on schedules of the further meetings

Abdulla Madumoole, M.E.Moolur, Hidayatulla, Moidin Kutty Haji, Althaf Diamond Lease, Abdul Ravoof, Tanveer Razak, Lather Mulki, Siddik Uchil and Mohammed Ibrahim Naveed are the other committee members. Vote thanks was rendered by S.M.Basheer and a special thanks given to Hidayatullah.

Comments

Akram Bilal
 - 
Wednesday, 19 Sep 2018

Amazed by the BCCI efforts to lift up young entrepreneurs in a short span of time.Keep it up BCCI; let your wings spread worldwide.

All the best to team Reception Committee- a mix up of talent, experience and dedication to community

Hameed Renjilady
 - 
Tuesday, 18 Sep 2018

Great initiative from BCCI,let community benefit from this.NRI help desk is need of the hour

 

Salam Bava
 - 
Tuesday, 18 Sep 2018

Masha Allah,A very good move from BCCI.Let this move begins new chapter for community youngsters In dubai  All the best 

 

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News Network
January 2,2020

Bengaluru, Jan 2: Accusing Prime Minister Narendra Modi of "neglecting" Karnataka ahead of his visit on Thursday, the state Congress questioned why he did not give adequate relief and pay a visit to the state, when most of its parts were affected by severe floods last year.

Modi will begin his two-day visit to the state on Thursday afternoon.

The Congress' Karnataka unit in a series of tweets also questioned the Prime Minister about not conferring the "Bharat Ratna" on Shivakumara Swamiji of Siddaganga Math, who passed away last year at the age of 111 years.

"Why you did not visit the state, when it was affected by floods? Despite the damage of over Rs 1 lakh crore why you did not declare it as a national disaster? Why you did not give interim relief? When the state government has given a report that the damage caused was to the tune of Rs 35,300 crore why did you sit quiet by giving just Rs 1,200 crore," the state Congress tweeted.

As many as 103 taluks in 22 districts of Karnataka were affected due to unprecedented floods in August, in which over 80 people were killed.

Around seven lakh people were shifted to safe areas during the deluge and thousands of houses were damaged.

In October, various parts of the state faced a deluge for the second time in two months, killing over 13 people and damaging thousands of houses.

Asking as to why the Centre was not giving the state's share of GST amount adequately, the Congress questioned as to why dues under MNREGA programme were not paid so far, and why Karnataka was being neglected while allocating grants.

Questioning Modi as to why he did not visit Tumakuru when Shivakumara Swamiji of Siddaganga Math passed away, the principal opposition party in the state Assembly, also sought to know why the seer was not conferred with the Bharat Ratna yet.

It also pointed out that former Chief Minister Siddaramaiah had written a letter in this regard in January 2018.

The Congress has also hit out at the BJP-led Central government over imposition of Hindi language by neglecting regional languages and mother tongue.

The Prime Minister will kickstart his visit to the state by paying tributes to the late pontiff's 'Gadduge' (final resting place) at the Math premises near Tumakuru.

Later, he will attend an event organised to give away Krishi Karman awards and to distribute fishing equipment at the government college ground in Tumakuru, before leaving for Bengaluru where he will be attending a DRDO event.

On Friday he will be inaugurating 107th Indian Science Congress here.

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News Network
January 11,2020

Mysuru, Jan 11: City Police has intensified its search for a girl student who a displayed 'Free Kashmir' poster during a protest two days back.

According to police, a girl student displayed the poster carrying an anti-national message, during the protest organised by University of Mysore Researchers Association and other organisation on Wednesday to oppose the attack on the students and the teachers in Jawaharlal Nehru University in the National Capital. An officer said that as per the documents available, it appears that a girl student displayed the placard for a few minutes.

"We are looking for the accused". The Jayalakshmipuram police have taken up suo motu cognisance of the case. Meanwhile. the office of Governor Vajubhai Vala, on Thursday, sought a detailed report from the University of Mysore (UoM) over the incident. The city police have booked the protestors under Section 124A of the Indian Penal Code (IPC).

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News Network
January 15,2020

Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.

In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.

Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.

"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.

With an average of $21 million, the ticket size value of funding increased by 15% in 2019.

Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.

"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.

According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.

"Nevertheless, the investment activity is expected to rise in 2021," said the report.

The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.

With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.

The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.

The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.

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