Latest news with #MVisvesvaraya
Time of India
5 days ago
- Business
- Time of India
41st anniversary of The Times of India, Bengaluru: Charaiveti, Charaiveti; Bengaluru will keep moving, persevering and learning
Sir M Visvesvaraya (second from right) with the doyen of Indian aviation, Dr VM Ghatage, (second from left) at HAL The changing world of work is leading to higher fiscal spending by govts, hiring hesitations by companies, and job anxiety for individuals. Some forces affect the whole world, while others are more specific to geographies. However, Bengaluru represents the future of work in India; anyone can get a job within a week due to a constantly changing, growing, diversifying, and innovating labour market that nurtures high productivity sectors, firms and individuals. Five forces are affecting the global world of work. First, employment has moved from a lifetime contract to a taxicab relationship -- short and intense. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru Second, the life expectancy of companies has moved in the opposite direction of humans; it has declined for Fortune 500 companies from 64 years in 1950 to 15 years today. Third, college isn't what it used to be because the world has produced more graduates in the last 40 years than the 800 years before that. Consequently, college graduates make up 60% of taxi drivers in Korea, 31% of Walmart retail check-out clerks in the US, and 15% of high-end security guards in India. Fourth, cognitive professions have higher inequality than physical professions due to productivity. A good plumber, electrician, or salesperson is five times better than a bad one, but a good software programmer is a hundred times better, a good investor is two hundred times better, and a good CEO is five hundred times better than a bad one. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo Finally, the rise in global self employment is not an increase in the entrepreneurial gene, but rather because the poor cannot afford to be unemployed. Most self-employment is self-exploitation, where workers earn enough money to live, but not enough to escape poverty. All five forces affect wages more than jobs. Bengaluru's world of work operates within the broader context of India's and Karnataka's economic development. Both have no shortage of the traditional factors of production -- land, labour, and capital -- but face challenges in how these three combine. Economists call this combination Total Factor Productivity, while human beings describe it as entrepreneurship, technology, or innovation. Harvard economist Ricardo Hausman describes development as a game of Scrabble: the govt provides the vowels, while the private sector offers the consonants, and progress lies in making longer and more words. Bengaluru defies India and Karnataka's labour market because it has more vowels and consonants that come from being diversified, meritocratic, and innovative. Its job market is highly diversified -- manufacturing and services, big and small firms, venture capital and debt-funded firms, domestic and multinational firms, North and South clusters, and much more. It has the highest concentration of social security payers, venture capital investment and engineering college seats per capita among all Indian cities. It is highly meritocratic; the nature of companies, entrepreneurs, and industries means that the courage in your heart, sweat on your brow and strength of your back matter more than your surname. Finally, it is highly innovative in generating new ideas; new recipes instead of more cooks in the kitchen because of early engineering deregulation and a consistent tone from the top on human capital, starting with Visvesvaraya and Mirza Ismail, but continued by chief ministers. Building a thriving city like Bengaluru is not the solving of a sum, but the painting of a picture over generations. Given the high level of firm and individual productivity, if everyone in India lived in Bengaluru, India's GDP would be higher than China's. Why? Because it was the first electrified city of India and the first in Asia to have streetlights? Because it is an education cluster? Because of the weather? Because a German planted trees? Because Mirza Ismail made a venture capital investment in Walchand Aerospace, which became HAL? Because it is located at the intersection of three state borders? Because it is the city where its people speak 107 languages? Because it aggressively deregulated engineering college education? Because it is one of the few Indian cities where rental yields equal borrowing rates? Or is it because Texas Instruments, IBM, Infosys and Wipro chose it to start, and decades later, this opening balance created Global Capability Centres? It's impossible to know whether supply (people and skills) or demand (jobs and firms) or their combination (entrepreneurship and policy) matters more for becoming a job cluster, but we know it's a delicate dance between all three that Bengaluru has mastered. The title of this article comes from the Aitreya Upanishad, which reminds us that movement is everything. It is also my favourite response to every out-of-town visitor to Bengaluru who cribs about our traffic. This traffic -- 1.2 crore registered vehicles -- arises because Bengaluru is a job cluster that delivers prosperity by growing its real wages much faster than nominal wages. May Patna, Kanpur, Jammu, Bhopal and Chennai be blessed with this problem. This doesn't deny that Bengaluru has work to do. However, my faith lies in Bengaluru's unfair advantage: the widespread adoption by the city's residents of the meaning of 'Charaiveti'. Keep moving, persevering and learning.
Time of India
07-07-2025
- General
- Time of India
Radial gates of 64k cusec discharge capacity to be fitted in Maha's oldest dam
Kolhapur: Radial gates with a discharge capacity of 64,000 cusecs will be fitted into Radhanagari Dam — the oldest in Maharashtra — built across Bhogawati river, one of the five tributaries of Panchganga in Kolhapur. The construction of the dam started in 1909 and was funded by Rajarshi Shahu Maharaj. It was completed in 1935 and came into full use three years later. The design of the dam was made by M Visvesvaraya, who later came to be known as the "father of engineering" in India. The decision to fit radial gates, which can be operated remotely, was taken to ensure that the dam has adequate buffer capacity to accommodate water inflow during monsoon. Currently, the automatic gates can open only after the dam is full, posing a risk of floods after sudden discharge. "The radial gates will help us carry out the discharge beforehand and make space for inflow. We have got the design of the radial gates prepared by Central Designs Organisation (CDO) Nashik. The hydraulic hoists will also be fitted to lift the automatic gates whenever required. The total cost of the project is Rs88 crore," said Smita Mane, executive engineer, Kolhapur Irrigation Circle. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Global Indices Are on the Move — Time to Trade! IC Markets Learn More Undo Recently, district guardian minister Prakash Abitkar visited the dam. He said that to stop Panchganga river from flooding, various measures have been suggested by experts, one of which is fitting radial gates into the dam. "The World Bank has approved Maharashtra Resilient Development Programme through which the works will be carried out. The hydraulic hoists will be installed to open three service gates," said Abitkar. Rainfall intensity in Kolhapur city has decreased, but heavy rainfall continues in dam catchment areas of Kolhapur district. The dams in the district are filling up quickly, and out of 17 dams, discharge is on from 16. Except for Chikotra dam, water is being discharged from all other dams. Radhanagari has been discharging 3,100 cusecs, Warna 4,500 cusecs, Dudhganga 1,500 cusecs, Kasari 1,000 cusecs, Ghatprabha 5,800 cusecs, and Dhamani 2,803 cusecs, among others, have the highest discharge in the district. According to district disaster management officials, the ongoing discharge from dams has caused the rivers in the district to flow above their water-holding capacity. A total of 29 roads and 48 barrages in the district are inundated, significantly affecting local traffic movement. On Monday evening at 7 pm, the water level of Panchaganga river dropped slightly to 31.1 feet at Rajaram barrage in Kasba Bawda area of Kolhapur city. The warning level is 39 feet, and the danger level is 43 feet. A discharge of 32,456 cusecs was on from Rajaram barrage. Kolhapur district received 16.1 mm of rainfall over last 24 hours till 10am on Monday. Gaganbawda received the highest rainfall of 40.3 mm, followed by Shahuwadi with 27.7 mm, and Panhala with 27.5 mm.
Indian Express
21-06-2025
- Business
- Indian Express
COEP Technological University celebrates 4th Foundation Day
COEP Technological University marked its fourth Foundation Day with a celebration at its Shivajinagar campus. A statue of renowned civil engineer and Bharat Ratna awardee M Visvesvaraya and a newly landscaped garden in front of the main building were inaugurated. In his address, professor Sunil Bhirud, vice chancellor of the university, reflected on the the institution's journey since it attained the status of a Unitary Technological Public University in June 2022. He highlighted the academic expansion with a targeted growth to 10,000 students by 2030. Chief guest Deepak Shetty, CEO & MD at JCB India Ltd, paid tribute to his mentors from COEP and hailed the unveiling of Sir M Visvesvaraya's statue as a fitting homage. He noted that the statue would serve as a daily reminder of ethical leadership and disciplined vision for future engineers. Ranjit Date, MD, Wipro Pari, spoke on the advent of AI and encouraged students to leverage AI as a tool for enhancing productivity and creativity, and to merge science, technology, and arts to address national priorities, including strengthening the defense sector.
News18
18-06-2025
- Business
- News18
Fresh Dairy Duel? Amul vs Nandini Turf War Spills Over To Bengaluru Metro
Last Updated: With kiosks and Metro space entering the equation, the fight between the dairy giants is no longer just about milk—it's about territory, control, and political messaging The long-simmering turf war between dairy giants Amul and Karnataka Milk Federation's (KMF) Nandini has boiled over again—this time over setting up kiosks inside Bengaluru's Namma Metro stations. The latest flashpoint? BMRCL's decision to sign a memorandum of understanding (MoU) with Gujarat-based Amul to set up kiosks at 10 key Metro stations across the city. Now, with kiosks and Metro space entering the equation, the fight is no longer just about milk—it's about territory, control, and political messaging. 'There was an open tendering process. Amul participated and won the bid for 10 stations. It's open to all. If KMF wants to participate, let them come forward," a senior BMRCL official told News18. A senior KMF official confirmed to News18 that Nandini is currently in talks with BMRCL to negotiate rentals and will open along the same metro stations as Amul. 'We are in talks with BMRCL on our kiosks," the official said. Amul has, however, already moved in and set up two kiosks—one at Byappanahalli metro station and the other at Beniganahalli metro station as per the MoU. 'Nandini had earlier set up kiosks at three stations—MG Road, Mahalaxmi and Vijayanagar—but shut two down due to low revenue," a top BMRCL source said. Only the Vijayanagar outlet is still operational. The BMRCL deal gives Amul kiosk space at 10 busy Metro stations: Pattandur Agrahara, Indiranagar, Benniganahalli, Byappanahalli, Trinity, Sir M Visvesvaraya, Nadaprabhu Kempegowda (Majestic), National College, Jayanagar and Banashankari. But the political milk has already spilt. BJP MP PC Mohan launched a sharp attack on the Siddaramaiah government, accusing it of betraying Karnataka's dairy farmers by allowing Amul into Metro spaces and leaving out Nandini. 'The Congress government, which oversees BMRCL, has enabled Amul to displace Nandini. This is a betrayal," he said. The JD(S) went a step further, alleging that Deputy CM DK Shivakumar had 'sold his self-respect for commissions". On X, the party posted: 'Before polls, Congress launched a 'Save Nandini' campaign. Now, for commission, Shivakumar is welcoming outsiders." Shivakaumr countered the argument by saying that Nandini will be given space within the metro stations to be set up and Amul has set up only two kiosks till now. KMF officials, meanwhile, say they're in touch with BMRCL. 'We're renegotiating rental terms. Talks are ongoing," one senior officer said. BMRCL, for its part, maintained that there's still room for negotiation. 'Retail spaces are available. If KMF shows interest, we'll consider," an official said, clarifying that the move is aimed at increasing non-fare box revenue to offset public subsidies when it comes to train fares. But this isn't just about kiosks, it's a political war. In 2022, Union Home Minister Amit Shah's comment in Mandya—that Amul and KMF should cooperate—set off alarm bells. Protesters feared a merger. A year later, ahead of the 2023 Karnataka assembly polls, Amul announced its plans to sell milk and curd in Bengaluru through e-commerce platforms. That move quickly became political gunpowder. Congress, then in opposition, accused the BJP of 'red-carpet treatment" to Amul, claiming it was an attempt to sideline Karnataka's home-grown dairy brand Nandini. Kannadigas took to social media in protest, dubbing it a threat to the pride and livelihood of Karnataka's dairy farmers. While both Amul and KMF use the same Anand model of milk procurement, and even compete in markets like Mumbai, Hyderabad and Goa, they had so far stayed off each other's home turfs. That changed in 2023. Karnataka is a milk-surplus state—its 16 district milk unions supply far more than local demand, allowing exports to other states. The KMF is the country's second-largest dairy cooperative after Amul, offering competitive prices and rooted in a strong local farmer network. Amul had then clarified that its entry was limited to a niche, e-commerce audience. But the damage was done—the Nandini vs Amul narrative had already become an election issue and now a turf war between Karnataka and Gujarat. tags : amul bengaluru BJP congress DK Shivakumar Nandini news18 specials Location : Bengaluru, India, India First Published: June 18, 2025, 15:58 IST News india Fresh Dairy Duel? Amul vs Nandini Turf War Spills Over To Bengaluru Metro
