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Ratan Tata to inaugurate T-Hub, the biggest start-up incubator, in Hyderabad on November 5

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NewsGram Staff Writer

Hyderabad: Ratan Tata is scheduled to inaugurate the T-Hub, the country’s biggest start-up incubator on November 5. The inauguration ceremony will also witness the presence of  Telangana Governor ESL Narasimhan and Chief Minister K Chandrasekhar Rao.

However, the non-availability of Ratan Tata forced the postponement of the event to November 5, which was earlier slated to be held on September 7.

The first phase has come up at the International Institute of Information Technology (IIIT).

The facility is being set up in collaboration with IIIT Hyderabad, the Indian School of Business (ISB) and the NALSAR University of Law.

While NALSAR would help in intellectual property and related areas, ISB and IIIT would provide business and technology mentoring respectively.

Phase I which is being set at IIIT at a cost of Rs 35 crore will be spread over 60,000 square feet and can accommodate 400 start-ups by 2017.

The second phase will come up on three acres of land in Raidurgam near Hitec City, the IT hub.

The government promises that it will be an ‘incubator of incubators’, offering startup environment available in the west.

The facility will also have venture capitalists and angel investors.

The government is also mulling a venture capital fund. Officials said discussion with various venture fund groups had already taken place.

(With inputs from IANS)

 

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The major Challenge is to make the Youth of the Country Entrepreneurial and not Job Seekers : Venkaiah Naidu

"The challenge for us is to make the youth entrepreneurial, and not become job seekers," Venkaiah Naidu said pointing to the NDA government's various initiatives.

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Venkaiah Naidu
Venkaiah Naidu. Wikimedia Commons
  • At a time of tepid job growth and continuing income disparities, the major challenge is to make the youth of the country entrepreneurial and not job seekers, Vice President  Venkaiah Naidu said on Thursday.

“Disparities continue to remain in India and so there is a need for inclusive growth… there is the need to take care of the suppressed, oppressed and depressed,” Venkaiah Naidu said at the Bharatiya Yuva Shakti Trust’s (BYST) silver jubilee celebrations here with Britain’s Prince Charles as the chief guest.

“The challenge for us is to make the youth entrepreneurial, and not become job seekers,” Venkaiah Naidu said pointing to the NDA government’s various initiatives to encourage youth enterprises like Startup India, Standup India and the Mudra financing scheme for underprivileged sections.

Modelled on Prince Charles’ Trust for business startups, BYST, founded by Lakshmi Venkatesan, daughter of former President R. Venkatraman, is engaged in building rural entrepreneurship — “grampreneurs” — as also enterprise among under-privileged sections, which includes business mentoring. The current BYST chairman is Bajaj Group chief, Rahul Bajaj.

“Without mentoring, it would be very difficult to set up startups, with all the business, marketing and other vital issues involved in the first two-three years,” Prince Charles said in his address at the International Mentoring Summit organized by BYST to mark its 25 years.

“What amazes me are the sheer number of jobs these young entrepreneurs had created. The aim of such a project should be to create a virtual cycle of creating entrepreneurs who can then invest in the future of business,” Charles said referring to his trust.

BYST was officially launched in 1992 by Prince Charles and expanded its operations to six major regions of India.

Out of these six regions, four — Delhi, Chennai, Pune and Hyderabad — run the urban programme while two regions — Haryana and Maharashtra — run the rural programme.(IANS)

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Jain Community in Hyderabad to come up with Initiatives for World Peace

The Jain Community of Hyderabad city has planned two initiatives to spread the idea of World Peace

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Jain Community
Jain Temple, Hyderabad. Wikimedia
  • The Jain community has come up with initiatives to spread the message of world peace
  • Nearly 5000 Jains will assemble in Ranigunj and chant “Navkar Mantra” 36 lakh times on 16th July
  • Further, 1008 Jains and monks have also planned an eight-day fasting 

July 15, 2017: In an effort to spread the message of World Peace, the Jain Community across the city of Hyderabad will carry out two initiatives.

Firstly, around 5000 Jains are expected to assemble in the Ranigunj area. They will gather and chant in solidarity the “Navkar Mantra” for 36 lakh times. The mantra is at the core of Jainism worldview. The chants are to be taken under the guidance of Shri Praveen Rishiji Upadhyaya who is a Jain Monk.

The full event will be Shri Jain Seva Sangh, a community of about 3 lakh Jains. The President of Shri Vardhaman Sthankavasi Jain Shravak Sangh, Mr. Parasmal Dungarwal stated “The meditation will be held from 8.30am to 10.30am at T-19 Towers, besides Sundaram Honda, Ranigunj”

ALSO READ: A Devotee from Agra donates 2 kg Gold Sandals to Shirdi Sai Baba Temple

The second initiative involves eight days of fasting by 1008 Jains and their Monks. From 17th to 24th July, the fasting will begin from in Chennai and conclude in Hyderabad. These Jains will be accompanied by 20 leprosy patients. The fasting is coordinated by Lalalitayi Jaangda who works with 800 Leprosy patients.

During the fasting, the people can only consume hot water only till sunset. After sunset, even water consumption is not allowed.

In Jainism, fasting is an important aspect. During festivals and other important occasions, most Jains fast as part of celebrations.

– Prepared by Saksham Narula of NewsGram. Twitter: @Saksham2394

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IIT-Hyderabad Professor Aravind Kumar Rengan bags prestigious INSA Young Scientist Award for 2017

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IIT-Hyderabad Professor Aravind Kumar Rengan, Twitter

Hyderabad, May 15, 2017: Aravind Kumar Rengan, a professor at Indian Institute of Technology – Hyderabad has been awarded the prestigious Indian National Science Academy (INSA) award in the Young Scientist category for 2017.

Assistant Professor in Department of Biomedical Engineering, he is being recognized for having devised a novel way of nano delivery using liposomes and gold nanoparticles. This is useful for both imaging and therapeutics, IIT-Hyderabad said in a statement.

This research, through which he was able to engineer a biodegradable nano-system for photothermal therapy of cancer and proved its in-vivo biodegradability, has got immense translational potential and can be used to treat cancer in an affordable way with minimal side effects.

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The award will be presented to him by the INSA President during the anniversary general meeting in December 2017.

“We are delighted that Dr Rengan has made a mark in scientific work related to curing cancer and has brought pride to IIT Hyderabad. It is work like this by our young faculty that will bring international recognition to IIT Hyderabad,” said U.B Desai, Director, IIT Hyderabad.

“This Award is an encouragement for the good scientific work that we do in India, which is comparable to international standards. I would be very happy if many more young medicos take up research as their mainstream career, which will benefit our country in the long run,” said Rengan.

Since 1974, INSA annually presents the Young Scientist Award to distinguish young scientists who have made notable research contributions in science and technology. (IANS)