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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Comments

Jenny
 - 
Thursday, 26 May 2016

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August 1,2020

Mangaluru, Aug 1: Former member of Karnataka Legislative Council Ivan D’Souza has tested positive for the novel coronavirus. 

The Congress leader took to social media to break the news. “I and my wife Dr Kavitha have been tested positive covid-19 positive. There are no symptoms. We had voluntarily given our throat swabs for testing,” he said in a Facebook post.

He also requested his friends and well-wishers not to visit him until he recovers. 

Mr D’Souza had participated in a party meeting at Congress Bhavan when KPCC chief DK Shivakumar visited city yesterday. He was seen meeting several Congress leaders including U T Khader.

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News Network
April 14,2020

Bengaluru, Apr 14: The Karnataka government has decided to adopt “remote monitoring” of COVID-19 positive patients in order to ensure the safety of healthcare professionals - the frontline warriors against the pandemic.

Two doctors treating COVID-19 patients tested positive recently and in to check such instances in future, the Department of Medical Education is planning remote monitoring, which reduces doctors’ exposure to patients.

Medical Education Minister Dr K Sudhakar has consulted some of the doctors in the United States who are already using this technology to treat the COVID-19 positive cases. The minister is also having a meeting with representatives of some of the companies which provide such technology.

“I spoke to a team of epidemiologists and heads of certain departments at the United States to know about the remote monitoring technology they are using. I am also meeting the representatives of a few such companies which can provide us with the technology at our hospitals,”  Dr Sudhakar said.

Track state-wise coronavirus cases here

The minister added, “We have heard reports of many doctors and other health professionals succumbing to COVID-19. We don’t want to take risk.” Explaining the technology, Dr Sachidanand, Vice Chancellor of Rajiv Gandhi University of Health Sciences said that remote monitoring uses a software with which specialist doctors can monitor health condition of patients and treat them by not getting exposed directly.

The presence of all the doctors in COVID-19 is not necessary when patients are monitored remotely. 

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News Network
March 30,2020

Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."

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