Nabeel Musthafa, Waseem Ahmed strike gold at VTU convocation

mangalore@coastaldigest.com (CD Network)
May 21, 2014

Belgaum, May 21: Nabeel Musthafa's beaming face said it all as he walked up to receive his haul of 12 gold medals at the 13th annual convocation of Visvesvaraya Technological University here on Tuesday.

Mr Musthafa, a student of Anjuman Engineering College, Bhatkal, had good reason to be delighted. He bagged the most gold medals for securing 1st rank, the highest aggregate marks in all eight semesters in B.E. Civil Engineering, and highest marks among rank-holders in any stream of engineering.

Mustafa from Kannur in Kerala said he would pursue research which will contribute to ensure better life for people.

Anushree R. of B.N.M. Institute of Technology, Bangalore, came second with eight gold medals.

Waseem Ahmed is VTU topper in E&C with six gold medals

Waseem Ahmad Ahanger of Vidyavardhaka College of Engineering, Mysore, secured six gold medals. He has got first rank in B.E. (Electronics & Communication Engineering).

“I am inspired by Sir M Visvesvaraya,” says Waseem who hails from Srinagar in Jammu and Kashmir. He has planned to pursue MTech in Very Large Scale Integration.

The jubilant gold medallists thanked their teachers and attributed their success to the blessings of their parents. They said they would use the knowledge acquired on campus for the development and progress of society, even as they carved out a promising career.

This year, the VTU presented B.E. degree to 47,586 students, B. Arch degree to 102 students, MBA degree to 5,217 students, MCA degree to 2,647 students, M. Tech degree to 4,572 students, M. Arch. degree to 11 students, and M. Sc (Engg.) degree to 22 students.

As many as 124 candidates received their Ph. D. degree.

Pro-Chancellor of VTU and Higher Education Minister R.V. Deshpande awarded the gold medals in the presence of Sam Pitroda, Adviser to the outgoing Prime Minister, and VTU Vice-Chancellor H. Maheshappa.

Musthafa 12 Gold

Musthafa 12 Gold1

Nabeel Musthafa and Waseem Ahmed among other gold medalists

Musthafa 12 Gold3

Musthafa 12 Gold4

Musthafa 12 Gold5

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coastaldigest.com news network
February 12,2025

Mangaluru: Dakshina Kannada MP Captain Brijesh Chowta has urged Chief Minister Siddaramaiah to prioritize increased investments in Mangaluru during the upcoming Global Investors Meet for Coastal Karnataka. He emphasized the region’s immense potential for sustainable industrial growth.

Coastal Karnataka’s Strengths

The MP highlighted Coastal Karnataka’s skilled workforce, premier educational institutions, and strong entrepreneurial ecosystem, making it an ideal destination for industrial expansion.

With its strategic location, excellent port connectivity, and robust infrastructure, the region is particularly suited for industries in R&D, Global Capability Centers (GCCs) - IT and ITES, fintech, renewable energy, marine biotechnology, tourism, and food processing.

Challenges Hindering Growth

Despite these advantages, the MP acknowledged challenges such as youth unemployment, migration of skilled talent, and a lack of large-scale industrial investments. He urged the government to take concrete steps to address these issues.

Proposed Investment Initiatives

To harness the untapped potential of Coastal Karnataka, he requested the CM’s support in:

•    Establishing an IT and startup hub to leverage the region’s large talent pool, boost entrepreneurship, and curb brain drain.

•    Facilitating investments in GCCs and R&D centers, capitalizing on the region’s skilled workforce.

•    Setting up a technological innovation park in Mangaluru to attract investors and institutions.

•    Enhancing New Mangalore Port and developing an integrated coastal economic zone to encourage global trade and manufacturing.

•    Supporting sustainable fisheries, marine research, and ocean-based industries.

•    Encouraging investments in eco-tourism, wellness retreats, and adventure tourism to drive economic growth.

The MP stressed that proactive government intervention in these sectors would significantly boost the region’s economy, attract industries, and create employment opportunities. The proposal is now under consideration.

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News Network
February 7,2025

gov.sidd.jpg

Governor Thaawarchand Gehlot returned to the State Government the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, suggesting that the ordinance will benefit borrowers while no provision has been made to provide protection to lenders.

Sources in the government said that the Governor felt the need for a detailed discussion on the ordinance in the legislature. Since the budget session will commence in March 2025, he advised the government to discuss the issue during the session, instead of bringing in the ordinance in a hurry.

The Governor advised the State Government to deliberate on the issue in detail and bring an effective enactment in the interest of the affected people and to protect their rights.

Following alleged harassment by microfinance companies seeking repayment of loans, more than a dozen borrowers had committed suicide in Karnataka. To check the harassment from MFIs, the government has proposed the ordinance.

The Raj Bhavan is of the opinion that it is the duty of the State to protect the vulnerable persons of the society. But, it is also necessary to protect the lawful and genuine rights of the persons who have lent to needy persons within the existing laws with proper checks and balance mechanism.

Mr Gehlot noted: “If all the pending loans with interest as on date is discharged, the lawful and genuine lenders may face trouble. Further, they have no remedy to recover their pending amounts, which may lead to legal battle.”

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News Network
February 3,2025

Udupi: A 59-year-old man has allegedly lost ₹20.17 lakh in a stock market scam after being lured by promises of high returns.

Vinod, the complainant, stated that he discovered an online stock market-related company, PML Securities, on November 2 last year. Encouraged by its offerings, he began investing through the company’s mobile applications, PML Max and PML PRO, starting from November 27.

Initially, his investments were returned in line with the IPO (Initial Public Offering) process, reinforcing his trust in the platform. However, trouble arose when he attempted to withdraw his funds, only to find himself unable to do so. Upon contacting the company, he was allegedly persuaded that additional payments were required to unlock his money.

Trusting the assurances given, Vinod continued making payments, transferring a total of ₹20.17 lakh to various bank accounts linked to the company until December 24. The complaint alleges that the operators of PML Max and PML PRO deceived him by falsely promising substantial returns on stock market investments.

A case has been registered at the Manipal Police Station, and an investigation is underway.

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