Banks urged to upgrade with new technologies

July 7, 2011

bank

Mangalore, July 7: Banks need to gear up to absorb new technologies and leverage to improve delivery of services for comfort of customers by adding value, said Ramnath Pradeep, chairman and managing director, Corporation Bank, here.

Pradeep, who is also the honorary chairman of Bankers' Club, was addressing the members of the Bankers Club of Mangalore at a meeting held at Corporate Office of Corporation Bank. He said banks should put in place strong and robust systems and adapt emerging technologies to draw economies of scale and reduce operational costs.

He said the club will be used for exchange of information mutually beneficial for sound business growth and avoid likely problems being faced by bankers. Technological innovation shall be fully exploited and results gained shall be utilized in making services competitive, Pradeep said.

Bankers' Club had arranged a presentation on emerging technologies and cloud computing by H Srikrishnan, co-founder and director of Vayane Services. B R Bhat, general manager, Corporation Bank, introduced the subject `Cloud Computing' and urged the bankers to make use of the opportunities.


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News Network
April 29,2025

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Newcastle (Washington) / Mysuru: In a deeply disturbing incident that has shocked both the tech world and local communities in India and the U.S., a Mysuru-based entrepreneur allegedly shot and killed his wife and one of their sons before turning the gun on himself at their residence in Newcastle, Washington. 

The couple’s younger son, aged seven, survived, having stepped out of the house shortly before the tragedy unfolded.

The accused, Harsha Kikkeri (57)—also known as Harshavardhan—was the founder and CEO of HoloWorld, a Mysuru-based robotics company. His wife Shwetha and one of their sons were found dead at the scene along with Harsha, according to the King County Sheriff’s Office (KCSO). Authorities responded to a 911 call at a townhouse in the 7000 block of 129th Street on Thursday night (U.S. time). Upon arrival, deputies found three bodies and confirmed that the scene posed no further threat to public safety.

While investigators are treating it as a murder-suicide, the exact motive remains unknown. The King County Medical Examiner’s Office has yet to release the names or ages of the deceased children. The case remains under active investigation.

A Life of Innovation and Ambition

Hailing from Kikkeri village in Karnataka’s Mandya district, Harsha was an engineering graduate from Sri Jayachamarajendra College of Engineering (SJCE), Mysuru. He went on to work with Microsoft in the United States, where he was involved in cutting-edge robotics development.

In 2017, Harsha and Shwetha returned to India and co-founded HoloWorld, a robotics startup that soon made headlines for its product HoloSuit—a bi-directional, wireless full-body motion capture suit. Touted as the world’s first of its kind at an affordable price, the suit was designed for applications across healthcare, sports, education, and skill development.

HoloWorld's products were exported to multiple countries, including the US, UK, and Israel. Indian cricket star Yuvraj Singh served as the brand ambassador. Harsha even met Prime Minister Narendra Modi to discuss deploying robotic soldiers along India's borders. As a respected member of The Indus Entrepreneurs (TiE) network, he frequently spoke at tech and innovation forums.

Despite his professional achievements, the recent tragedy has left many in the tech and entrepreneurial communities grappling for answers.

Community in Mourning

Neighbours in the Newcastle suburb described the family as kind, quiet, and largely private.

“We would exchange greetings. I often saw the mother walking her children to school—she was very warm,” said Alex Gumina, President of the local Homeowners Association.

Another neighbour recalled, “She was always smiling, and her younger son was especially affectionate. We’re devastated—this is unimaginable.”

Residents are planning a community gathering over the weekend to honor the family and support the surviving child.

Business Winds Down After Pandemic

HoloWorld’s corporate headquarters in India was located in Vijayanagar Third Stage, Mysuru, specifically housing its division HoloEducation. The company operated actively from 2018 until it scaled down in 2022 amid the pandemic. The premises have since remained vacant.

“I haven’t been in touch with them in years,” said the building owner. “They shut down during COVID, and I only heard about the tragedy yesterday.”

The incident has sent shockwaves through Mysuru’s business circles. Bhaskar Kalale, Chairman of EqualizeRCM India and President of TiE Mysuru Chapter, expressed deep condolences, calling the event “heartbreaking beyond words.”

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News Network
May 8,2025

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Belagavi: Colonel Sofia Qureshi who along with Wing Commander Vyomika Singh presented the details of ‘Operation Sindoor’ is being hailed as the daughter-in-law of Karnataka’s Belagavi.

Qureshi's husband Colonel Tajuddin Bagewadi is from Konnur town in Gokak taluk. He has been serving as a colonel in the Indian Army. They were married in 2015.

Qureshi is a native of Baroda in Gujarat, being married to Tajuddin has made her the daughter-in-law of Belagavi.

During a media meet at New Delhi on Wednesday, Qureshi had shared the details of the success of Operation Sindoor which was conducted in retaliation to the terror attack at Pahalgam in Kashmir.

Qureshi has also served in the UN peacekeeping force at Kangola. She has received great appreciation from General Officer Commanding for her work along the borders of Punjab and during the floods in North-East.

Presently Sofia has been posted at Jammu while her husband Colonel Tajuddin Bagewadi at Jhanshi.

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News Network
May 2,2025

Mangaluru: Dakshina Kannada district has secured the top position in Karnataka in the SSLC (Class 10) results for the academic year 2024–25, with a pass percentage of 91.12%, as announced on Friday.

In the previous academic year (2023–24), the district had ranked second in the state with a higher pass percentage of 92.12%. Despite a 1% drop in the pass rate this year, the district has risen to the top position. In 2022–23, it had ranked 17th with 89.52%.

Deputy Director of Public Instruction (DDPI) Venkatesh S Patagar attributed the district’s improved rank to several focused initiatives. Among them were the timely completion of the syllabus by December 2024 and subject-wise special classes.

Special attention was given to slow learners through dedicated support classes. The department also organized fortnightly parent meetings to track students' academic progress.

To instill discipline and a consistent study routine, schools made regular wake-up calls to students in the mornings and evenings. Other initiatives included model question paper practice, the 'Jnana Sinchana' live YouTube series, online doubt-clearing sessions, and interactive radio phone-in programs.

Students were also encouraged to attempt the 'Vijayeebhava' question paper series, developed and published by the District Institute of Education and Training (DIET), Udupi.

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