Formula Manipal car launched

[email protected] (CD Network)
November 12, 2010

Udupi, November 12: The 2010 Formula Manipal car, conceptualised, designed and fabricated by a team of over 30 students from the Manipal Institute of Technology was launched by the Chancellor, Ramdas M Pai at the Manipal University building on Friday.

The Formula type single seater, open wheeled race car, which won accolades at the competitions held in Melk, Austria recently, was displayed at the health sciences library for viewing. This is the third car made by the engineering students. Since inception in 2008, Formula Manipal has participated in Formula Student competitions held in Italy, UK and Austria.

This year, the car named FMX competed at Wachauring, Melk in FS Austria and cleared all static tests and competed in dynamic events. With a carbon fibre outer body, the FMX is the lightest Indian FSAE car. The team received the “Most Motivated Team” award at the competition. And even finished fourth among the 30 teams from around the world. FMX was the only team from Asia.

The Formula Society of Automotive Engineers (FSAE) hosts the competitions for student made cars from across the globe. The challenge is to make a race car with specific rules and safety considerations. This not only tests the engineering prowess of the students, but also provides great hands-on learning process unlike any other.

Team head, Pradeep Pandurangi said that after three years of experience, Formula Manipal is now ready to compete against their international counterparts and work towards excellence. To be able to achieve an even higher standard of performance in a limited amount of time, a complete plan for the year has been chalked out.

The performance and technical specifications of the car have become significantly better in the past three years. The FM08 and FM09 weighed 423 and 356 kgs respectively. Owing to a full carbon fiber outer body and use of better materials, the FMX weighed 266 kgs, almost 100 kgs lesser than the previous car.

On the electronics front, a data acquisition system was made for the car so that real-time data and performance of the car could be analysed and reviewed. The team's technical experience and engineering intuition has also been increasing exponentially every year. Overall, the FMX is a lighter, faster, safer and better performing car. The judges at the competition called it the "best Indian FSAE car".

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News Network
July 29,2020

New Delhi, July 29: The government of India today announced Unlock 3.0, lifting of night curfew from August 1 and opening of yoga institutes and gymnasiums from August 5 while educational institutes will remain closed throughout August.

According to the Unlock 3.0 guidelines issued by the Ministry of Home Affairs (MHA), the lockdown in containment zones will be extended until August 30. The new guidelines will be in effect from August 1.

The operation of Metro rail and international flights will remain suspended. Cinema halls, swimming pools, entertainment parks, theatres, bars, auditoriums, assembly halls and similar places will remain shut. Large gatherings are also prohibited.

Yoga institutes and gymnasiums will start operating from August 5 for which the Ministry of Health and Family Welfare will be issuing Standard Operating Procedures. 

Independence Day celebrations will be held with social distancing norms in place.

Restrictions on the movement of individuals during the night (Night curfew between 10 PM and 5 AM) have been removed.

According to the order, states have been given powers to prohibit certain activities outside containment zones or impose such restrictions as deemed necessary based on their assessment of the situation.

"However, there shall be no restriction on inter-state and intra-state movement of persons and goods. No separate permission/approval/e-permit will be required for such movements," the order said. 

In the previous two Unlock guidelines, the government had substantially opened various activities.

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coastaldigest.com news network
August 1,2020

Bengaluru,  Aug 1: As many as 5,172 new COVID-19 cases and 98 deaths were reported in Karnataka on Saturday, taking the state's count of coronavirus cases to 1,29,287.

The active cases in the state now stand at 73,219 while 53,648 people have been discharged.

"5,172 new COVID-19 cases and 98 deaths reported in Karnataka in the last 24 hours, taking total cases to 1,29,287 including 53,648 discharges and 2,412 deaths. The number of active cases stands at 73,219," said State Health Department.

So far, a total of 2,412 people have died in the state.

India, on Saturday, reported 57,117 new COVID-19 cases, taking the country's coronavirus tally to 16,95,988, said the Union Health Ministry. 

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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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