NATIONAL / KARNATAKA: BUSINESS / FINANCE : Kannadiga Nikhil Kamath becomes Youngest Billionaire of India at 37

The company which Nikhil Kamath and Nitin Kamath have built has booked a profit of more than Rs 2000 crore.

Kamath is originally from Karnataka. They started Zerodha, a fintech company in 2010. They needed funds to build the company. However, with their talent and hard work they made up for the lack of education.

Nikhil Kamath was topper in the Hurun India Rich List of 2022. His net profit was Rs 17,500 crore at that time. He became a billionaire when he was just 34 in 2021.

Nikhil did not like to go to school when he was young. He dropped out of school as he was not allowed to take 10th grade board exams.

At the age of 17, Nikhil joined a call centre for just Rs 8,000 salary. But he began to deal in shares at the age of 18. This was a major turning point in his life.

In 2010, Nikhil along with his brother Nitin founded Zerodha, a company, which gave support, cost and technical support to businessmen and investors. They also founded a Hedge fund called True Bekan.

The company made a profit of Rs 2094 crore. The company does not have any employees that are qualified from IIT or IIM. It has one crore users.

Now Nitin and Nikhil have a salary package of Rs 100 crore each. Nikil is ranked 40th in the list of richest people of India. According to Forbes, the net value of Kamath brothers is USD 5.5 billion at present.

source/content: daijiworld.com (headline edited)

KARNATATA: SPACE & TECHNOLOGY: Bengaluru-based Space Startup ‘GalaxEye Space’ Unveils First Drone-based SAR System

Started in 2021, GalaxEye is the brainchild of entrepreneurs Singh, Denil Chawda, Kishan Thakkar, Pranit Mehta and Rakshit Bhatt.

A Bengaluru-based space-tech startup and the first Indian Earth observation satellite company, GalaxEye Space, inaugurated a high-resolution aerial drone based Synthetic Aperture Radar (SAR) system that can perform exceptionally detailed and high resolution all-weather imaging, even amid rainy or cloudy conditions. 

“The in-house developed data fusion technology will deliver unprecedented insights and data from space, empowering satellite constellations to conduct all-weather imaging without succumbing to atmospheric hindrances that plague current single-sensor satellites,” said co-founder & CEO, GalaxEye Space, Suyash Singh. He added that technology opens doors for generating highly detailed images through a compact satellite constellation.

“Upon achieving full operational capacity, this constellation will achieve global coverage within a 12-hour time frame. The capability of constant all-weather, all-time imaging, combined with precise object geometry analysis, holds immense value across diverse sectors such as insurance, precision agriculture, accurate property tax assessment, and the monitoring of utilities like transmission lines, to name a few,” said Singh.

“India is budding with young space startups. Among them, GalaxEye has been able to prove its capabilities in a short period, that too with difficult technologies like SAR,” stated Dr Sudheer Kumar, director, Capacity Building Office, ISRO. “We are keen to see young space talent shaping the future of the Indian space economy,” he added.

“Space technology is currently a very active area having several young entrepreneurs. GalaxEye Space, spun out of IIT Madras, has grown by leaps and bounds since they were incorporated. We are proud of their achievements and look forward to more such ‘Make In India’ initiatives. We shall continue to nurture and support budding entrepreneurs in several ways,” said Dr V Kamakoti, director, Indian Institute of Technology (IIT) Madras.

Started in 2021, GalaxEye is the brainchild of entrepreneurs Singh, Denil Chawda, Kishan Thakkar, Pranit Mehta and Rakshit Bhatt. The startup, spun out of IIT Madras, has inked strategic partnerships and commercial contracts with leading organizations, including US-based space software provider Antaris Inc, XDLINX Labs, Ananth Technologies, and Dassault Systemes. The company is committed to further expanding its partnerships and customer base in the upcoming months, and has submitted a proposal to IN-SPACe seeking support from ISRO to take its endeavours forward.

source/content: newindianexpress.com (headline edited)

NATIONAL & KARNATAKA: SPACE TECHNOLOGY: Udupi Ramachandra Rao (U.R. Rao) – The Man who Built a Satellite in a Shed

Let us shift our attention away from the lander to Chandrayaan-3, the satellite that carried it there, and to the story of India’s satellite dream, which began in 1972 in six rough industrial sheds outside Bengaluru.

Last week, as the Vikram lander descended into a graceful, precise, soft landing on the dark side of the moon, Indian hearts exploded in pride. This week, let us shift our attention away from the lander to Chandrayaan-3, the satellite that carried it there, and to the story of India’s satellite dream, which began in 1972 in six rough industrial sheds outside Bengaluru.

The problem with space technology is that countries guard their knowhow fiercely – there’s very little, and very sketchy, information available in the public domain. In 1966, therefore, Vikram Sarabhai, then director of the Indian National Committee for Space Research (INCOSPAR) invited one of his former PhD students at Physical Research Laboratories (PRL) Ahmedabad, who had been researching solar cosmic-ray phenomena while working with Pioneer space probes and Explorer satellites at MIT, to return and head the satellite engineering team he was putting together. The brilliant young man who bought into the dream and would later be hailed as India’s Satellite Man was 34-year-old Udupi Ramachandra Rao.

When UR Rao took over the satellite program, he was the only one on the team to have ever seen a satellite. At that time, the satellite engineering team was divided between the Thumba Equatorial Rocket Launching Station (TERLS) near Trivandrum, and PRL in Ahmedabad. The untimely death of Sarabhai in 1971 brought Satish Dhawan to the helm of ISRO (INCOSPAR became ISRO in 1969). Unwilling to give up his job as Director of the Indian Institute of Science (IISc), Dhawan negotiated for ISRO to move to Bengaluru, providing the perfect opportunity for Rao, who had spent his boyhood in Ballari and the little village of Adamaru in Udupi, to decide to move the satellite centre here as well.

It wasn’t easy. The unionized labour force at TERLS went on the warpath, refusing to allow any equipment to be moved out. In Bengaluru itself, premises had to be found. At first, the IISc gymkhana was co-opted; later, the Karnataka government offered Rao a few sheds at the brand-new (read: entirely lacking facilities) Peenya Industrial Area outside town. In a dazzling feat of jugaad, involving thermocol, vinyl, and, presumably, duct tape, one of those dusty, asbestos-roofed sheds was converted into the ‘clean room’ required for satellite activity.

In those sheds, between 1972 and 1975, a young and inexperienced but passionate team of scientists and engineers – average age: 26 – put together, under Rao’s dynamic, inspiring. impatient leadership, India’s very first satellite, Aryabhata. It was a magnificent feat – no other country had built a satellite in under three years. The famous picture of Aryabhata being transported on a bullock cart was scoffed at in the American press, which questioned a poor country’s need for a space program. Rao explained it years later as another brilliant example of jugaad. The spacecraft had to be tested for electromagnetic capability and interference in an open area, but metal trucks threw off reflections that interfered with the satellite’s antenna. Someone came up with the brilliant idea of using a wooden bullock cart to transport it instead – et voila!

In 2017, at the age of 85, after overseeing the design of 18 more satellites, accelerating the development of satellite launch vehicles like the ASLVs and PSLVs during his decade-long tenure as Chairman of ISRO, and becoming the first Indian to be inducted into the International Astronautical Federation’s ‘Hall of Fame’, the much-decorated UR Rao died with his boots on. Since then, the ISRO Satellite Centre in Bengaluru, which he so capably raised on the wings of a dream and a prayer, and where all the Chandrayaan satellites were built, has carried his name, and now goes by UR Rao Satellite Centre.

source/content: hindustantimes.com (headline edited)

NATIONAL & KARNATAKA: SCEINC & TECHNOLOGY: Indian Institute of Science (IISc) Develops Autopilot System for Drones

The reason for India’s slow progress in this sector is due to the non-availability of essential indigenous electronics components like microcontrollers and sensors at a reasonable cost.

With the exponential rise in drone usage across sectors like industrial applications, agriculture, logistics and defence, the need for indigenous avionics systems has become crucial. In order to reduce dependence on foreign drone technology, the Indian Institute of Science (IISC) has made a significant achievement in the field of unmanned aerial systems. 

The Artificial Intelligence and Robotics Laboratory (AIRL) at IISC announced that the team has successfully developed an indigenous industrial-grade autopilot system for drones. The team said this achievement is the initial step towards the indigenization of avionics systems for drones in India. This feat was possible through the utilization of Indian-made Vega Microcontrollers, developed by the Centre for Development of Advanced Computing (CDAC), as part of the Digital India RISC-V Program (DIR-V). 

The indigenously developed technology will help reduce the reliance on microcontrollers in future drone avionics projects. Professor Suresh Sundaram, Associate Professor at the Department of Aerospace Engineering, who headed the project said, “Our autopilot system, powered by Vega Microcontrollers, showcases the immense potential of homegrown solutions in the unmanned aerial systems domain. We are confident that this breakthrough will pave the way for further advancements in this field and contribute to the growth of the drone ecosystem in India.” 

India’s most used drone technologies which include an unmanned aerial system (UAV) that can help run a basic operation system and forward data to a navigation control unit, are imported from China, US, Israel, and several European countries.

The reason for India’s slow progress in this sector is due to the non-availability of essential indigenous electronics components like microcontrollers and sensors at a reasonable cost. The country also lacks a skilled workforce working on the UAV systems. Using imported tech comes with major security concerns such as hacking and data manipulation.

The country has been on a steady growth towards chip manufacturing and CDAC is a ray of hope in developing world-class microcontrollers. “This move will cut millions of dollars worth of electronics import over the years and make India self-reliant in terms of UAV technology,” said the laboratory. 

source/content: newindianexpress.com (headline edited)

INTERNATIONAL & NATIONAL & KARNATAKA: CM Siddaramaiah visits ISRO, to felicitate scientists in Vidhana Soudha

Karnataka Chief Minister Siddaramaiah announced on Thursday that the scientists of the Indian Space Research Organization (ISRO) would be felicitated officially by the government for the successful Chandrayaan-3 mission.

Speaking to reporters after paying a visit to ISRO in Bengaluru to meet and felicitate scientists, Siddaramaiah stated that the felicitation function will be held at the Banquet Hall of Vidhana Soudha after September 2. He had given directions for his staff to coordinate with ISRO in this regard, he added.

“The achievement of ISRO by landing Vikram on the Moon safely is hailed by the entire country. The achievement has made the whole world look towards India. Our country is fourth after Russia, America, and China to achieve a safe landing on the Moon. We are the first country to land safely on the South Pole. Hence, all of us should acknowledge the achievement of ISRO and appreciate it,” CM Siddaramaiah explains.

ISRO Chairman S. Somnath and his team of 500 scientists have actively taken part in the programme from Karnataka. 3,84,000 kilometres were travelled by the Vikram and for so many years efforts have been made for the achievement. “All our cooperation and support is with ISRO for its future programmes as it is a pride of our nation,” CM Siddaramaiah maintained.

When asked about how he felt after watching the event live on Wednesday, CM Siddaramaiah stated, “I became very happy as our country has achieved this.

“It’s a historical achievement and a big achievement. They worked for many years round the clock. They have nearly 500 scientists from Bengaluru involved in this and in total more than 1,000 scientists have worked across the country.” DyCM D.K. Shivakumar visited ISRO on Wednesday evening and felicitated the team.

source/content: daijiworld.com (headline edited)

NATIONAL & KARNATAKA: Chandrayaan-3: How indigenous amplifier played a crucial role in communication

In the case of space missions, amplifiers are instrumental in getting the message from the Lander and Rover to the satellite orbiting on the Moon’s surface, which is about four lakh km from Earth.

 Chandrayaan-3 – India’s ambitious Moon Mission is a team work with several scientists, technicians, and entrepreneurs among others joining hands to make it a success.

Associate Director, Indian Space Research Organisation (ISRO) headquarters, Dr BHM Darukesha and his team had developed the 5-watt signal amplifier (for communication) which is an important part of Chandrayaan-3’s Lander and Rover when no other country came forward to provide it to India since amplifiers are mostly used by the military for defence operations. Darukehsa hails from Kottur in Vijayanagara district.

In the case of space missions, amplifiers are instrumental in getting the message from the Lander and Rover to the satellite orbiting on the surface of the Moon, which is about four lakh km from the Earth. ISRO was looking for a 5-watt signal amplifier for its Moon missions.

According to informed sources, a Japanese firm had agreed to provide its own 12-watt amplifier. “However, it was not suitable for use in space travel and Isro had to develop its own amplifier. This responsibility was assigned to Darukesha, who headed the Integrated Circuit (IC) design team.

The 5-watt amplifier developed by him and his team has won various awards by ISRO. These amplifiers were fitted in the Lander and Rover of Chandrayaan-1 & 2, Mangalyaan and now Chandrayaan 3,” 
added sources.

“An amplifier is required to know the operational status of a satellite or spacecraft that is launched from the Earth. It was an opportunity and privilege for me and my team to develop it at a time when other countries had backed out,” Daurkesha told this newspaper. 

Born on August 6, 1974, to Suvarnamma and Mahadevaiah – a government primary school teacher in  Shivpura Gollarahatti in Kudligi taluk. Darukesha was appointed as a scientist in ISRO in 1998.

CTTC scientists’ hard work pays off

A team of 150 scientists, engineers and technicians, who toiled hard for the last two years to mould different types of components used in the lander, erupted in joy when lander module Vikram landed on the dark side of the Moon’s surface. It was the lander that had crashed during the Chandrayaan-2 mission in 2019. CTTC delivered over 75,000 components for Chandrayaan-3.

source/content: newindianexpress.com (headline edited)

NATIONAL & KARNATAKA: AIRBORNE TECHNOLOGIES: IISc Develops Autopilot System for Drones

The reason for India’s slow progress in this sector is due to the non-availability of essential indigenous electronics components like microcontrollers and sensors at a reasonable cost.

With the exponential rise in drone usage across sectors like industrial applications, agriculture, logistics and defence, the need for indigenous avionics systems has become crucial. In order to reduce dependence on foreign drone technology, the Indian Institute of Science (IISC) has made a significant achievement in the field of unmanned aerial systems. 

The Artificial Intelligence and Robotics Laboratory (AIRL) at IISC announced that the team has successfully developed an indigenous industrial-grade autopilot system for drones. The team said this achievement is the initial step towards the indigenization of avionics systems for drones in India. This feat was possible through the utilization of Indian-made Vega Microcontrollers, developed by the Centre for Development of Advanced Computing (CDAC), as part of the Digital India RISC-V Program (DIR-V). 

The indigenously developed technology will help reduce the reliance on microcontrollers in future drone avionics projects. Professor Suresh Sundaram, Associate Professor at the Department of Aerospace Engineering, who headed the project said, “Our autopilot system, powered by Vega Microcontrollers, showcases the immense potential of homegrown solutions in the unmanned aerial systems domain. We are confident that this breakthrough will pave the way for further advancements in this field and contribute to the growth of the drone ecosystem in India.” 

India’s most used drone technologies which include an unmanned aerial system (UAV) that can help run a basic operation system and forward data to a navigation control unit, are imported from China, US, Israel, and several European countries.

The reason for India’s slow progress in this sector is due to the non-availability of essential indigenous electronics components like microcontrollers and sensors at a reasonable cost. The country also lacks a skilled workforce working on the UAV systems. Using imported tech comes with major security concerns such as hacking and data manipulation.

The country has been on a steady growth towards chip manufacturing and CDAC is a ray of hope in developing world-class microcontrollers. “This move will cut millions of dollars worth of electronics import over the years and make India self-reliant in terms of UAV technology,” said the laboratory. 

source/content: newindianexpress.com (headline edited)

KARNATAKA /NATIONAL & INTERNATIONAL: COTO: Woman-only Social Media App. – A Safe Space for Women created by Bengaluru’s Aparna Acharekar, Co-Founder

This Independence Day, the co-founder of a women-only social media app, speaks about preserving freedom of expression for women, preventing online hate and maintaining the app’s identity.

Scrolling through social media these days, one cannot miss instances of hate – from homophobia to casteism, threats to slander, it comes in all forms. But women face an overwhelming share of that hate.

This Independence Day, the co-founder of a women-only social media app, speaks about preserving freedom of expression for women, preventing online hate and maintaining the app’s identity to ensure it doesn’t share the fate that befell Twitter.

In an attempt to curb this problem and to provide a safe space for women on the internet, Aparna Acharekar co-founded the women-only social app Coto (short for come together).

“The idea came from women facing harassment. We noticed that the more a woman expressed her thoughts online, the more hate she got. This was especially true for women influencers and celebrities. Not just here in India. We have data that shows this pattern across the world. We wanted to create a space where women would be able to ask questions and express themselves without inhibitions,” shares Acharekar, who has over two decades of experience in content creation. 

The internet provides people with the luxury of anonymity. But some take advantage of this luxury to masquerade themselves in many ways. So, how does Coto ensure no one abuses the app? “We have various ways of verifying users. We use reliable and effective social recognition systems to ensure someone isn’t falsifying their identity. We also used two-factor authentication and if someone wishes to, they can opt to enter their Aadhaar details (other government ID data for people in other countries). We have taken ample steps to ensure that only women and transwomen get access to our app,” she explains. 

coto has been live since January 2023 and surprisingly the app hasn’t recorded any instance of hate or abuse, largely due to its content moderation practices.

“First, there is an AI-level moderation, which picks derogatory works or inappropriate words. Inappropriate words or context, in our case, are very different from what you find on other social media. On a women-only app, when somebody uses the word breast or vagina, those words are not flagged off as inappropriate. Secondly, communities moderate their content and their members. So community members can report to, and escalate to admins of every community, pretty much like on a WhatsApp group. So if there is anything that is not contextual to the community or may be harmful to the community, the creators themselves moderate it. The platform does not unless their complaint has escalated,” she says. 

coto comes with an identity – to create a space for women online. So, what are their plans to ensure the identity remains intact and doesn’t eventually lose itself, something that has plagued other social media apps over the years? “We believe social media should be decentralised. Women who come to coto and set up their communities are given coto tokens/gains. It essentially means that a large part of the platform will be owned by the community creators and members.” Regarding plans of expanding, Acharekar elaborates, “Presently our largest user base is in India and Egypt. But the application is available globally. We are soon planning on launching in Indonesia.”

source/content: newindianexpress.com (headline edited)

KARNATAKA: AI in HEALTH & MEDICAL SERVICES / OPTHALMOLOGY: AI can Predict Severity of Conjunctivitis, says Dr. Rohit Shetty, Narayana Nethralaya, Bengaluru

Addressing reporters on Thursday, the doctor said that using imaging and molecular diagnostics has enabled them to use AI and bio-markers in conjunctivitis to predict severity.

 In an effort to identify and treat severe conjunctivitis cases early, Narayana Nethralaya has managed to predict the severity of such cases using Artificial Intelligence (AI). “We are using AI to predict the severity of conjunctivitis. This can help clinicians provide the right treatment that helps in better recovery. This bio-marker work in tears is probably one of the first in the country, and could also be one of the first conjunctivitis-related tear bio-marker research in the world,” said Dr Rohit Shetty, chairman, Narayana Nethralaya explained. 

Addressing reporters on Thursday, the doctor said that using imaging and molecular diagnostics has enabled them to use AI and bio-markers in conjunctivitis to predict severity. This AI-driven research has highlighted that people who are more prone to allergies or asthma and have low Vitamin D levels are getting severely affected. The AI model has demonstrated 97 per cent accuracy, affirming its successful interpretation.

Cases of conjunctivitis, commonly known as ‘pink eye’, are on the rise in Bengaluru in the past few weeks. Doctors at Narayana see over 100 patients daily, with 30% of them being children. Most cases are caused due to adenovirus, and is not just a summer infection, but occurs in all seasons.

“This research is of paramount importance to patients and doctors, as the disease has been addressed with a blanket approach that may not be suitable for all. Depending on the severity, we can decide what medications would be suitable, and starting topical steroids early can be beneficial,” said Dr Gairik, consultant of cornea and refractive surgery, Narayana Nethralaya.

source/content: newindianexpress.com (headline edited)

KARNATAKA: KANNADA LANGUAGE: Udupi District and Taluk Kannada Sahitya Parishat felicitate eminent Kannada Software Expert Nadoja K.P. Rao

Nadoja K.P. Rao has made immense contribution to the development of Kannada software.

Eminent Kannada software expert K.P. Rao (Kinnikambala Padmanabha Rao) was felicitated by the Udupi District and Taluk Kannada Sahitya Parishat for his immense contribution to the development of Kannada software on Sunday, August 6, in Udupi.

Delivering the felicitation address at a programme organised by Nadoja K.P. Rao Felicitation Committee, noted writer and poet Jayanth Kaikini said that preoccupation without thoughtfulness and thoughtfulness without preoccupation were of little use. Viewed from this background, Mr. Rao has been the epitome of culmination of scholarliness and dedication, he said.

Mr. Kaikini noted that Mr. Rao used to learn textbook lessons by-heart in Yakshagana style while in classes 7 and 8 and return the textbooks to friends or the school. His life had not been a tele-serial monologue, but Mr. Rao evinced keen interest in music, cinema, science and many other fields. “He had five computers in his bedroom while many of us were yet to hear the word ‘computer,’ and used to dismantle every part of the machine and reassembly them. Mr. Rao thus had the habit of analysing every issue with curiosity,” Mr. Kaikini said.

In his response, Mr. Rao said both the almighty and the language were invisible to naked eyes; yet they have the power to take everyone together. The animal word learns the language from mother at first. Language empowers everyone to understand each other and encompasses the masses.

A.V. Baliga Hospital Director P.V. Bhandary inaugurated the programme in the presence of MGM College Principal Lakshminarayana Karantha, Moodbidri Jain Mutt seer Swastishree Bhattaraka Charukeerthi Panditacharyavarya Swamiji, Parishat District president Neelavara Surendra Adiga and others.

The programme was followed by workshops on different subjects and culminated with a dialogue with Mr. Rao.

Felicitation Committee honourary president Jayakara Shetty Indrali, president Vishwanath Shenoy, writer Muralidhara Upadhya Hiriyadka, Rashtra Kavi Manjeshwara Govinda Pai Regional Research Centre administrative officer Jagadish Shetty, Parishat Taluk President H.P. Raviraj, teacher and Yakshagana patron Murali Kadekar and others were present.

source/content: thehindu.com (headline edited)