Verve'11 Fest begins at AIMIT

March 18, 2011
Mangalore, March 18: The inaugural of VERVE-2011, the Management Fest organized by AIMIT Business School of St Aloysius College (Autonomous), Mangalore, took place on Thursday, March 17, at AIMIT Campus. The college choir sang the prayer song. It was followed a presentation on various events organised by the college during the last one year and was followed by the presentation on Insignia 2011.



Ivan Fernandes, Chairman, KE Global, Dubai was the Chief Guest for the inaugural. Dr Beena Dias, faculty Co-ordinator, Verve 2011 welcomed the gathering. Rev Dr Oswald Mascarenhas SJ, Chairman, MBA Dept, AIMIT, addressed the gathering and spoke about his 8 months experience at Aloysius Institute. He spoke about his vision and the introduction of 30 percent new events concept every year followed by giving examples of Procter and Gamble (P & G) and he said this could be achieved by Signs, Symbols, Metaphors and Meanings. Rev Fr Joseph Rodrigues SJ, Rector, St Aloysian Institutions presided over the function and gave the presidential address wherein he spoke about the universal symbols for the event. Fr Denzil Lobo SJ, Director, AIMIT, introduced the campus and spoke about the Jesuit ethos. He stressed the need of creativity and critical thinking in imparting education and that is what the Institution tries to implement to make students coming out of the Management & IT School more conscientious, compassionate and committed.



The chief Guest, Ivan Fernandes, delivered the key note address. “Dare to dream, take the step and seize the opportunities which come your way”, was his message to all the participants gathered. He said that it is about participating in the event but not about winning which was the most motivating line to the participants. He said like the sportspersons who keep on practising day and night students need to work hard to give a brilliant performance. He also said that the future of each and every person is in their hands and they have lived every page of their life and the next page is said to be blank and the blank page is what we are going to do in future. He ended by saying 'unlock your potential and prove yourself' during the event. The vote of thanks was given by Govil Saldanha, Student Co-ordinator, Verve 2011.



The inaugural was followed by the ice-breaking session where each of the participating teams gave a brief introduction to the team through enacting some of the contemporary issues in life. Twenty teams from all over the country are participating in the two day event.

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coastaldigest.com news network
August 7,2020

Mangaluru, Aug 7: A woman suffered critical injuries after a speeding car knocked down her scooter and then ran over her at Kadri Kambla Junction in the city today.

The woman identified as Vanishri Bhat (22) a resident of Kedila from Puttur. 

A CCTV footage of the accident, which went viral on social media, shows the car hitting the scooter, pushing the woman on road for a couple of meters before climbing over her.

The car stopped when she was under it. A few people including a policeman lifted the car from the front and rescued the woman. 

She was immediately taken to a private hospital in Mangaluru City MLA U T Khader’s car which was passing through that way. 

She has suffered critical injuries on her head, ribs, hands and legs, sources said. She is reportedly responding to treatment. 

It may be recalled that in December last year a lorry-auto accident at the same spot claimed life of a 56-year-old teacher while the auto driver miraculously survived. Following the accident, speed breakers were installed at the junction.

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News Network
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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News Network
April 21,2020

Udupi, Apr 21:  Four walk-in sample collection units for COVID-19 test has been installed in the district, sources said on Monday.

The units have been installed at Udupi’s T M A Pai Hospital and district hospital and at Kundapura and Karkala taluk hospitals by Indian Medical Association, Udupi Branch along with Rotary Club and Red Cross Society.

Udupi district was declared COVID-19-free after all three COVID-19 positive patients were discharged after recovery and were now in home quarantine, the sources added.

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