Students shape their career as CET counseling begins

June 21, 2011

Mangalore, June 21: The counselling for admission for medical seats available under government quota began here on Monday at the Mangalore counselling centre set up at the Sahyadri College of Engineering.

The day's proceedings were marred by a technical glitch that was corrected by afternoon, coordinator for the Mangalore CET centre Shruthakeerthiraja said. The software application that displayed the number of seats available was not getting updated automatically, but by afternoon the system was up and running smoothly, Mr. Shruthakeerthiraja said.

As many as 108 students from Dakshina Kannada, Udupi, Chikmaglur, and Kodagu districts are registered with the Mangalore Counselling Centre. Of these, 86 students selected their seats on the first day and eight of them included dental course seats.

Students were satisfied with the arrangements.

Hemant from Sakleshpura said that the arrangements were satisfactory and that he did not face any problems. With a rank of 24 in CET, he was the first to be counselled and obtain a seat at Bangalore Medical College in Bangalore. “I am happy that I got into the college of my choice. I wanted to be a doctor since I was a child,” he said.

Hobby side-stepped

Twins Sankhya and Sanket, who studied at a college in the city, have obtained 496th and 818th CET rank numbers respectively. Their parents are both Associate Professors in Mathematics at colleges in Udupi. Apparently, the hard work of the two students has paid off. Both would have classes from 7 a.m. to 7 p.m., they said. They would take a two-hour break after 7 p.m. and then come back to books, Sankhya said. While she gave a two-year break to her Bharatanatyam training in order to score well, her brother set aside the violin until the examinations were over, she said.

However, once her admission was finalised she planned to get back to her hobby again. Shwetha R. Poojary, who obtained rank number 25 in CET, said that studying biology had convinced her to study medicine. Until the first year in pre-university, she had her sights set on studying engineering but exposure to biology changed her mind, she said.

The counselling took place in an orderly manner. It was organised in four sessions that began at 8 a.m., 10 a.m., 1 p.m., and 4 p.m. It will continue for two more days.

On Monday, rank numbers 1-400 were open for counselling during the morning session while 401-800 were filled up in the afternoon, Mr. Shruthakeerthiraja said.

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News Network
January 24,2020

Bengaluru, Jan 24: Middle East based prestigious LuLu Group has come forward to invest $300 million in Karnataka in the retail, logistics and hospitality sectors.

As part of this, the first LuLu mall will commence operations in Bengaluru’s Rajajinagar area by August.

LuLu’s first mall in India, in Cochin, is seen as a huge success. It’s not clear how that mall is doing financially, but it became so popular that it had an adverse effect on almost every other mall in the city.

Lulu’s investment plan for Karnataka was communicated during a discussion between chief minister BS Yediyurappa and Yusuff Ali MA, chairman and managing director of Lulu Group, on the sidelines of the World Economic Forum in Davos.

The company will also set up two five-star hotels in Bengaluru through Twenty14 Holdings, its hospitality arm, and a modern logistics centre in the Uttara Kannada region.

Lulu Group’s retail initiative Tablez brought Toys `R’ Us, one of the world’s largest toy store chains, to Bengaluru in 2017. Started in the Phoenix Mall in Whitefield, it competes with Reliance-owned Hamleys.

Tablez has also brought in other international brands such as American ice cream parlour chain Cold Stone Creamery, South Africa based flame-grilled chicken concept Galito’s, and Tablez’ own brand Bloomsbury’s, a boutique cafe and bakery. It has also launched Spanish fashion brands Springfield and Women ’secret.

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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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News Network
May 22,2020

Bengaluru, May 22: Karnataka Congress delegation met Chief Election Commissioner, Dr B Basavaraju in Bengaluru, urging him to guide Karnataka Government to conduct local body elections and not to allow State government to nominate their party men to the local bodies.

The delegation was led by Congress leader Siddaramaiah and Karnataka Pradesh Congress Committee (KPCC) president D K Shivakumar.

"They (State government) wants to postpone the election, they have a lot of other provisions. We are demanding to protect the law, the government doesn't have the power to interfere in the system. We will not allow the state government to nominate their party men.

The CM and his entire team is responsible for this, they are killing the democracy and Panchayati Raj system of the State," said Shivakumar while speaking to the reporters.

The local body elections were scheduled to take place in the month of March or April, which were postponed in view of the COVID-19 crisis.

However, the date for conducting the local body elections has not been decided yet.

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