Category Archives: Business & Economy

Wipro’s Azim Premji donated Rs 27 crore per day in FY21, retains top giver rank

Bengaluru, KARNATAKA :

Wipro’s Azim Premji donated Rs 9,713 crore or Rs 27 crore a day to retain his top rank among Indian philanthropists in FY21.

Indian business tycoon Azim Premji
Indian business tycoon Azim Premji (Photo | PTI)

Mumbai :

Software exporter Wipro’s Azim Premji donated Rs 9,713 crore or Rs 27 crore a day to retain his top rank among Indian philanthropists in FY21.

Premji, the founder chairman of the company, increased his donation by nearly a fourth during the pandemic year, as per the Edelgive Hurun India Philanthropy List 2021, which had HCL’s Shiv Nadar at second place with contributions of Rs 1,263 crore towards upliftment causes.

Mukesh Ambani of Reliance Industries, India’s richest man by a distance, came third on the list with a Rs 577 crore contribution and was succeeded by Kumar Mangalam Birla with Rs 377 crore.

The second richest Indian Gautam Adani is eighth on the givers’ list with a donation of Rs 130 crore towards disaster relief.

Infosys co-founder Nandan Nilekani’s ranking improved to fifth with a Rs 183 crore donation with “societal thinking” being identified as the primary cause.

“At present, most of the money is going to fundamental aspects like education and healthcare because of the requirements on the ground. Nilekani has indeed made interesting contributions, and in 10 years, we will have broader civil society issues feature as primary causes,” Hurun India’s managing director and chief researcher Anas Rahman Junaid said.

He said as the age profile of the givers shifts to those under-40, and many of them being self-made ones also presents a hopeful picture.

There are a few new entrants into the list, including the largest stocks investor Rakesh Jhunjunwala, who donated a fourth of his overall earnings or Rs 50 crore in FY21 with efforts on education.

hunjunwala, who recently had a private meet with Prime Minister Narendra Modi, is among the backers of Ashoka University, as per a statement.

Brothers Nithin and Nikhil Kamath committed USD 100 million (Rs 750 crore) over the next few years to support individuals, organisations and companies working on solutions for climate change and are 35th on the list.

Former chairman of engineering major Larsen & Toubro, A M Naik, is 11th on the list with a donation of Rs 112 crore, it said, adding that he has pledged to give away 75 per cent of his income for charitable purposes.

Others in the top ten givers include the Hinduja Family, Bajaj Family, Anil Agarwal and the Burman family.

Nine women find their place in the list led by a Rs 69 crore donation by Rohini Nilekani of Rohini Nilekani Philanthropies and, followed by Leena Gandhi Tewari of USV who donated Rs 24 crore, and Anu Aga of Thermax donated Rs 20 crore.

Based on the place of residence, Mumbai led with 31 per cent of the list and was followed by New Delhi 17 per cent and Bengaluru 10 per cent.

The pharma industry has the largest number of philanthropists followed by automobile and auto components and software and services.

source: http://www.newindianexpress.com / The New Indian Express / Home> Business / by PTI / October 28th, 2021

Dubai: Rashid Hazari to be resource person at Bearys Chamber of Commerce and Industry’s webinar

Mangaluru, KARNATAKA / Dubai, UAE :

  • Webinar will focus on ‘Digital Revolution, Online Business and Entrepreneurhip’
  • Rasheed Hazari, is Chief Strategist at Dubai Economic Development Authority

Dubai: 

The Bearys Chamber of Commerce and Industry, UAE (BCCI) is set to organize a webinar on ‘Digital Revolution, Online Business and Entrepreneurship’ on September 10.

The webinar will be organized with a view of facilitating entrepreneurs and professionals to adapt to the changing trends, a press statement from the organization stated.

Rasheed Hazari, Technical Specialist at the Dubai Economic Development Authority will be the resource person for the webinar. The press statement added that he will highlight the impact of technological advances in digital media on the business environment.

Rashid Hazari, as a Chief Strategist he is responsible for designing Future Economy Strategies, developing and recommending Eco –System Transformation Plans & Policy Initiatives for the Government of Dubai.

He conducts Strategic Future Foresight, analyses Emerging Technologies & Global Mega Trends including the Fourth Industrial revolution & its implications on the local economy.

Rashid has received recognitions from H.H.Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of UAE, & Ruler of Dubai, as a Creative Govt. Employee (DGEP Category) and for his contributions to Business Excellence initiatives of Dubai Economy.

The BCCI, UAE has been actively involved for three years in bringing together the industry leaders, entrepreneurs, and other professionals through business networking to empower them to carry out their businesses and socially relevant activities, informed President of the Chambers UAE Chapter S M Basheer.

The press release stated that the webinar on Digital Revolution will be a matter of interest to the business community, especially the young entrepreneurs.

source: http://www.english.varthabharati.in / Vartha Bharati / Home> Gulf / by Vartha Bharati / September 05th, 2021

Bahrain based Businessman Mohammed Mansoor is new director of The World Youth Group Council

BAHRAIN :

Bahrain:

The World Youth Group has appointed Bahrain-based businessman Mohammed Mansoor as the Director of their Council.

Mansoor, Founder & CEO of Saara group heads a series of ventures and organisations spread across the domains of information technology, energy, oil & gas, sports, seed capital investments, and is a well-known social activist and philanthropist.

Founded in 2019, the World Youth Group, is a globally renowned team of elected young leaders, politicians, parliamentarians and diplomats. Their mission is to Educate, Encourage, and Engage global youth in social and political sectors within the UN realm by supporting the United Nations initiatives.

Apart from the UN and it’s Agencies, the entity to host highest number of elected representatives in the 76th UNGA. With 22 Members of Parliament, 6 Ministers and UN Permanent Representatives, representing over 25 countries, to participate in 5 Summits.

The founding organizations are Collegiate Congress Inc. (USA), All-Africa Students Union (AASU), European Students Union (ESU), Organization Continental Latinoamericana y Caribeña de Estudiantes (OCLAE), Young Democrats of America, and Young Republican National Federation (YRNF), and the founding members are then heads of the respective organizations.

Adding heft to the organisation is the Advisory Board which comprises of ten Permanent Representatives (Ambassadors) of UN Member States. Each Ambassador also acts as Chief Advisor for a Committee on SDG. With 108 national student unions, a dozen national youth political leadership, and over 45 Youngest Members of Parliament, they are to be the largest only elected youth leader’s consortium in the world.

Speaking about Mansoor’s appointment as Director – The Council, H.E. Ambassador Collen V.Kelapile, Permanent Representative of Botswana to the UN and President of UN’s Economic and Social Council (ECOSOC) said, ” Mr Mansoor’s credentials as an entrepreneur and social activist speak for themselves and we, at the Advisory Board, are delighted to have him as our partner as we are confident that under Mr Mansoor’s able leadership the Council, which comprises of top experts in various fields and is the only non-parliamentary, non-diplomat team at the World Youth Group,  will serve to further strengthen our group as we actively work towards United Nations Agenda 2030 – the Sustainable Development Goals and revitalize the global partnership for sustainable development especially during these challenging times.”

Cristo Thomas, Chair, World Youth Group added, ” Mansoor’s association with us will add the much needed impetus to invigorate The Council, I am confident that we will grow by leaps and bounds and accelerate our progress towards our common goals.”

source: http://www.english.varthabharati.in / VarthaBharati.in / Home> Gulf> Vartha Bharati / September 15th, 2021

Global Excellence & Leadership Award to Karnataka’s Abdul Subhan Sait by Global Business Federation

Abdul Subhan Saith, co-founder of Bengaluru based Upmyranks Pvt. Ltd. will be coferred Global Excellence and Leadership Award by the Global Business Federation in Dubai. Subhan will be awarded under the category of “Edtec Educational Excellence.

The award will be conferred during Business Conclave and Global Excellence and Leadership Awards ceremony on October 22 at The Oberai Hotel in Dubai.

He will also take part as a panelist at a panel discussion that will be held at the Indian Pavillion at Dubai Expo 2020 on October 23 as a part of the business conclave.

Abdul Subhan Sait is the son of senior Congress leader Abdul Mannan Sait.

source: http://www.english.varthabharati.in / Vartha Bharati / Home> Gulf / by Vartha Bharati / October 16th, 2021

Muslim youth invents flying car, a schoolboy e-Cycle

Chennai, TAMILNADU / Aurangabad, MAHARASHTRA :

A youth from Chennai has invented a flying car, while a schoolboy from Aurangabad has invented an e-Cycle

Chennai: 

Indian Muslims are silently making their efforts for innovative development in the country. A youth from Chennai has invented a flying car, while a schoolboy from Aurangabad has invented an e-Cycle. Their achievements tell the story that Muslims are second to none in the innovative development of the country.

Muhammad Furkan Shoaib, an aeronautical engineer, has fulfilled the dream of million Indians of riding a flying car in the sky. He along with his technical team has innovated India’s first flying car. Furkan Shoaib is a certified UAV pilot and the Chief Technology Officer at VINITA – an Aero-mobility company in Chennai.

The model of this flying car was shown at the London Helitech Exposition on October 5, 2021. Many of India’s news channels showed the car launch in their news coverage. They gave credit for this innovation to the “Make in India” project and failed to mention the promising young engineer’s contribution to this innovation.

The gap was filled by a US website called ‘Future Flight’ that gave coverage to this innovation and also appreciated Muhammad Furqan’s abilities for his stellar contribution to the field of aviation.

Undoubtedly Muhammad Furqan has made the whole country proud. His innovation is a morale booster and inspiration for the youth, especially the Muslim youth, who too want to be on such work of innovation in the country.

Aurangabad :

“e-Cycle”

The second story is of a talented high-school boy Mohammad Faizan from Aurangabad in Maharashtra. Faizan is making waves in social media for his innovation of an e-bike that has made people rushing for a glimpse of him and his invention. Its video is available on YouTube.

Faizan, the tech-savvy student of 8th grade, has transformed a paddle bike into electric one. He actually has transformed the common paddle bike into a motorbike. Attached to the bike are a self-starter switch, accelerator, clutch, breaks, and other features.

Watch Video: Faizan’s e-bike

https://www.youtube.com/watch?v=qRG_QfntzC4&feature=emb_imp_woyt

The bike is powered by an electrical motor. Faizan has connected the motor with a rechargeable battery that takes two hours to get fully charged. A single charge lasts for about 50 kilometers and there is a digital indicator that displays remaining battery levels. The speedo-meter tells the speed of the bike. The innovator claims that the top speed of the bike is 30 kilometers per hour.

These two positive stories from the much-maligned Muslim community show mirror to those who accuse, the 14 percent Muslim minority community of a drag on 84 percent Hindu population.

The negative stereotyping of the Muslims likes “puncher chaap” or “love jihadi” are corona jihadi are dutifully circulated in the media, while the story of these two characters has never been told even though they inspire a whole generation of youth of the country.

[Syed Ali Mujtaba is a journalist based in Chennai. He can be contacted at syedalimujtaba2007@gmail.com.]

source: http://www.ummid.com / Ummid.com / Home> Science & Technology / by Syed Ali Mujtaba / October 18th, 2021

Benevolent Kerala parliamentarian is beacon of light for poor tribal pupils

KERALA / Dubai, UAE :

P.V. Abdul Wahab, the IUML leader, successfully implements Indian government’s development plan in Malappuram district.

It’s a dawn of a new era for a group of poor tribal pupils amid these unprecedented viral times at Nilambur taluka — a cluster of villages — in north Kerala’s Malappuram district.

They are back to learning and continuing their school education, which have been suspended since March 2020, when the Covid-19 pandemic struck and resulted in the closure of schools.

Many of the pupils had virtually forgotten in-classroom teaching.

To make matters worse, they were cut off from the rest of the world because of the unavailability of Internet connectivity and lack of smartphones.

P.V. Abdul Wahab, a sitting member of the Rajya Sabha (RS) — the Upper House of Indian Parliament — and a non-resident Indian (NRI), who has been living in the UAE for the past four decades, told that their education suffered since March 2020.

“Some of them could barely remember the names of their schools because the prolonged break had almost wiped out their memories of the campus,” he said.

Wahab, who belongs to the Indian Union Muslim League (IUML), which is a potent political force in the district, has arranged for the distribution of Internet-enabled tablets for the tribal pupils under the Indian government’s Jan Shikshan Sansthan (JSS) initiative.

He has been a three-term RS MP and heads the JSS initiative in the district.

So far, around 150 tablets have been given to the tribal pupils, who are overjoyed at being able to reconnect the world at large and continue with their education.

Wahab has been involved with the tribal villages of Karulai gram panchayat as part of the Indian government’s Saansad Adarsh Grama Yojnna, a developmental scheme, and has adopted four villages in the district.

“They live in the middle of the forest in small houses and most of them are unemployed,” Wahab said.

“The only source of economic sustenance is the forest produce that the male tribals collect and sell. Healthcare facilities are abysmal and most of them lack basic amenities such as access to electricity or even telephones,” he added.

The tribal villages are neither well-connected with other parts of the district or the southernmost Indian state and a majority of the locals don’t want to venture out for jobs.

The tribals of Nilambur are a rare exception to Kerala, whose ambitious and enterprising people have been heading out to other parts of India, Arabian Gulf or across the world for better financial prospects.

“But we’re trying to provide employment opportunities for them through specialised training in the hospitality, plumbing and electrical industries,” said Wahab, who has four-decade-long experience in the Middle East, and enjoys a filial bond with Nilambur.

In the UAE, he established the Bridgeway group of companies and along several other firms in his native India; his sons now look after the businesses.

He said the boost on the telecom and education fronts in these tribal villages because of the JSS, which helped instal over 10 basic towers to ensure 5 GHz wireless connectivity to the settlements. “The project aims to create a sustainable social and economic ecosystem for tribal people through a high-speed internet connection,” said Wahab. “It offers a total solution for the digital affairs of the inhabitants of the colonies. This allows them to interact directly with stakeholders and other public servants,” he added.

In the pre-Covid-19-pandemic era, tribal pupils only had access to single-teacher primary schools. The teacher taught all subjects and took four classes simultaneously.

After Grade IV, the tribal pupils would drop out because they were reluctant travel outside their native village.

To make matters worse, the devastating Kerala floods in 2018 and 2019 also destroyed half a dozen computers, a printer and a projector in the school.

The natural disaster was followed by the contagion, which struck a rude jolt as it denied poor tribal pupils’ basic education.

However, the sufferings appear to be a thing of the past, as the poor tribal children can look to a better and prosperous future, thanks to Wahab’s initiative to make the government’s scheme a roaring success.

source: http://www.khaleejtimes.com / Khaleej Times / Home> World> Rest of Asia / by Nithin Belle, Pune / August 26th, 2021

JMI student Kaif Ali wins Commonwealth Secretary-General Innovation Award for Sustainable Development

NEW DELHI :

Emerging innovator Kaif Ali, a student of the Faculty of Architecture & Ekistics, Jamia Millia Islamia(JMI) won the prestigious Commonwealth Secretary-General Innovation Award for Sustainable Development-2021.

He is the only Indian amongst 15 awardees from 54 Commonwealth countries to win the prestigious award for his contribution towards Covid19, refugee shelter crisis, and climate change.


Each winner of the award received a trophy, 3,000 pounds (3,00,000 INR approx.) in prize money and the opportunity to scale up their innovations in collaboration with partners and mentors across the Commonwealth.


Kaif has invented low-cost portable housing for Covid-19 quarantine and shelter from extreme weather conditions like earthquakes and flooding.

His design has been recognised by the UN under the top 11 emerging innovation start-ups solving climate challenges.


JMI Vice Chancellor Prof. Najma Akhtar congratulated Kaif for the achievement and said that the university is proud of him. “We expect that it will motivate other students of the university to work hard, think out of the box to get noticed and contribute in nation building”, Prof. Akhtar said.


During the pandemic, Kaif researched how architecture could prevent the spread of disease. He designed a prefabricated sustainable shelter, SpaceEra, that would not only help reduce transmission of the virus but could also house refugees worldwide in the future.


“Winning the Commonwealth Innovation Award lifts my confidence to a greater level and motivates me to work even harder than yesterday and innovate unprecedented solutions toachieve a sustainable future. I pledge to become the voice of the youth transforming the Commonwealth and to Be the Change!”, Kaif said.

source: http://www.jmi.ac.in / Jamia Millia Islamia / Public Relations Office, JMI / September 30th, 2021

AMU scientist’s discovery can make infertile land cultivable

Aligarh, UTTAR PRADESH :

AMU scientist's discovery can make infertile land cultivable

Aligarh :

A faculty member of Aligarh Muslim University (AMU), in association with German researchers, has discovered a new protein in plants that will ‘improve the salt stress tolerance of crops.’

This will enable farm land with high salinity soil amenable to cultivation.

Dr Tariq Aftab, assistant Professor, Department of Botany, AMU, together with other collaborators from Germany, have identified a new protein and named it ‘HvHorcH’.

This protein plays an important role in conferring salt stress tolerance in barley plants. Salt stress tolerance of crop plants is a trait with increasing value for future food production.

According to an official release from AMU, the research work has been carried out at Leibniz Institute of Plant Genetics and Crop Plant Research, Gatersleben, Germany during the assignment to Dr Aftab as visiting scientist.

After several years of further studies and repeat trials, the report has been published in the International Journal of Molecular Sciences.

Dr Aftab said that the identification of this protein will open new horizons in developing stress-resilient crop plants. “Global climate change, which is predicted to be accompanied by prolonged and intensified drought periods, is likely to aggravate this situation even further.

Intensified irrigation attempts to combat drought ultimately increase soil salinity and thus eventually impede farmland cultivation when salinity reaches threshold levels that can no longer be tolerated by crop plants.

“It is therefore an eminent goal for a global sustainable food supply to improve the salt stress tolerance of crop plants in order to push these thresholds of soil salinity upwards so that more farmland with high-salinity soil will still be amenable to agriculture,” he explained.

source: http://www.awazthevoice.in / Awaz / Home> Education / September 26th, 2021

Former Sterling Theatre Owner Abdul Jabbar Passes Away

Mysuru, KARNATAKA :

Mysore/Mysuru:

Alijanab Abdul Jabbar (90), former owner of Sterling Theatre in city and Secretary of Masjid-e-Rahmania at Agrahara, passed away yesterday morning in city.

A PWD Contractor and a resident of Siddapa Square, he leaves behind his children, relatives and friends.

Namaz-e -Janaza was held at Rahmania Masjid in Rahmania Mohalla this morning followed by the burial at the Muslim Burial Grounds on Mysuru-Ooty Road, according to a family sources.

source: http://www.starofmysore.com / Star of Mysore / Home> News / February 03rd, 2021

Mangaluru: Prepare your taste buds to savour fish chakkuli

Mangaluru, KARNATAKA :

Mangaluru :

Fish, which usually was found on the table during the dinner or lunch of coastal people has now been presented in the form of a crispy eatable which can become a regular item along with tea. The fish chakkuli (chakli) made by four women has succeeded in winning over the hearts of the fish lovers.

Savitri H S, Shaheeda Begum, Naseema an Harishiya, members of Samagra Sanjeevini self-help group of Layila, Beltangady taluk, have sold about 45 kg fish chakkuli during the last 18 days. They sell four varieties of fish chakkuli, i.e. Palak, pepper, Khara and ordinary (saada). Shaheeda Begum and Naseema said they have prepared products like Koduble, Happalam, Sandige and other products by using fish.

Speaking to Daijiworld.com, Savithri said, “We underwent training from August 23 to 28 at Fisheries College. NABARD, Fisheries College, Bharathiya Vikas Trust, Manipal helped us a lot to take up the manufacturing of fish snacks. From September 1, we started with an investment of Rs 25,000. So far, in the last 22 days, we have prepared around 60 kg fish snacks.”

Savitri said that this value added product can be kept for 45 to 50 days and they do not spoil.

Customers who have purchased the fish snacks said that the chakkuli gives the taste of eating the fish itself.

source: http://www.daijiworld.com / Daijiworld.com / Home> Top Stories / by Daijiworld Media Network – Mangaluru (SP) / September 24th, 2021