20 October 2016 Current Affairs

IIM Calcutta Innovation Park has to promote 100 start-ups by 2020

“The park is presently produce 14 start-ups and IIM-C has also got the command to mentor 40 start-ups in the social enterprise sector under the INVENT scheme for a period of three years,” said IIM-C director Saibal Chatterjee. IIM Calcutta Innovation Park has announced on Wednesday that it has plans to promote 100 start-ups by 2020, of which 40 would be funded by the Department of Science and Technology (DST) and DFID.Department for International Development and DST have funded the inaugurate program which is aimed at promoting social enterprises like healthcare, mass education, technological innovation, agriculture, water and hygiene in the low-income rates.

IIM CALCUTTA innovation park

Under the INVENT program these start-ups would be for profit enterprise that receive initial seed funding from DST and DFID. Innovation Park that started two years ago, has provided seed capital to six start-ups and is ready to go for a second series of funding, said IIM-C director Saibal Chatterjee”The park is presently producing 14 start-ups and IIM-C has also got the command to mentor 40 start-ups in the social enterprise sector under the INVENT scheme for a period of three years”, he said.


Osmania University is ready to mark the celebration of attaining 100 years in 2017

Osmania University (OU) had held meeting with the former vice chancellors, retired judges and bureaucrats to discuss regarding the lack of financial attitude to celebrate its century in 2017. The university has been lately preparing to mark the celebration of attaining 100 years in 2017.The university has approached both the state and the Union Human Resource Ministry for funds after learning the HRD Ministry extended Rs 100 crore to universities that has completed 100 years. On the occasion the university will facilitate 100 celebrity who were once a student of OU.It is been guess that the Union Minister of Labour and Employment, Bandaru Dattatreya has approved the HRD Ministry indicate in a letter to extend Rs 175 crore for the celebration to Osmania University for century celebration “The year 2017-18 will be the glorious years in the history of Osmania University as it will be entering in its century year. It is time to acknowledge the services accomplish by the university to the nation building.


University of Applied Sciences, Upper Austria, says that running can command a good cerebral exercise at times

A new study, from the University of Applied Sciences, Upper Austria, says that running can command a good intellectual exercise at times when a student forgets what they have crammed in during the study sessions. A new study says that a student’s choice of activity after a period of learning, such as studying for an exam, has a direct effect on their ability to remember information. The stress hormone cortisol is known to have an impact on our memory retention: in some circumstances it helps us remember things, and in others it reduce our memory. There are two types of stress in this sense, psychological and physical, and it could be that substances released by a physical stress like running improve memory retention. The researchers had two main hypotheses. First, it could be that violent computer games which tricked the brain into believing they are under real physical threat. This, combined with the psychological stress of game play, means that the brain focuses on these noticed threats, and rejects any information it has just learned. Alternatively, their second hypothesis was that the physical stress of running switches the brain into “memory storage mode” where it retains the information the student wants to remember.

Updated: October 20, 2016 — 6:28 pm

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