Mangaluru: Malabar Gold and Diamonds provides financial support to 14 families to construct houses
Company says move was CSR initiative
Mangaluru: As a part of its CSR initiative in the city, Malabar Gold & Diamonds Mangalore distributed Housing Charity Cheques providing financial support to 14 families for the construction of their house.
Abdul Raheem (Managing Director Of Shalimar), Ahmed Basheer (Managing Director Of Group-4), Padmaraja R (Notary, Treasurer Of Shri Gokarnanath Temple, President Guru Beladingalu), Jacinta Vijay Alfred (Corporator Of Falnir), Asif Deals (Founder Of Ngo Team B-Human), Karunakaran Along with Store Head of Mangalore Mr. Sarath and other Management team members were present during the event.
“Malabar Housing Charitable Trust was established in 2004 to provide partial financial aid for the construction of houses for the homeless. We help people partially or completely in the construction of houses. In certain circumstances if we come to know that people who are in need are not able to get any other means to construct their houses, we will provide complete support” an official press statement from the company stated.
“CSR activities are at the core of the Malabar Group’s corporate responsibility right from the days of inception. Over the last two decades the group has contributed substantially to the welfare of the society through CSR activities such as supply of free lifesaving medicines, financial aid for the construction of houses for the homeless people, women empowerment programs like student scholarships, helping deprived and downtrodden families who are struggling to meet the marriage expenses of their daughters and environment protection activities, etc” it added.
Malabar Group of Companies Chairman M P Ahammed said, “As part of the CSR, the group will lay more stress on areas like building houses for the homeless, environmental conservation, women empowerment, Medical & Educational sectors” in India this will provide a lot of improvement in the life of needy people.
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Karnataka launches state-led Centre of Excellence for Space Technology in Bengaluru
Bengaluru (PTI): In a significant boost to India’s rapidly expanding space economy, the Karnataka government on Friday launched the country’s first state-led Centre of Excellence for Space Technology here, officials said.
The initiative is aimed at strengthening India’s capabilities to translate space innovation into scalable commercial outcomes, they said.
The Centre, established by the Government of Karnataka through the Karnataka Innovation and Technology Society in collaboration with SIA (Satcom Industry Association India) -India, was inaugurated by Minister for Electronics, IT/BT, and Rural Development and Panchayat Raj, Priyank Kharge, in the presence of senior officials and industry leaders, officials said.
Speaking at the launch, Minister Kharge said that Karnataka has consistently been at the forefront of India's technology and innovation journey. With the launch of this Centre of Excellence for Space Technology, we are extending that leadership into one of the most strategic sectors of the future.
"Our focus is not just on advancing research, but on creating an ecosystem where innovation can translate into real-world applications, economic growth, and high-quality jobs. This Centre will play a critical role in positioning Karnataka as a key driver of India's space economy," he said.
According to an official statement, the CoE SpaceTech Foundation has been established under a Memorandum of Agreement between KITS and SIA-India to drive research and innovation in space technologies, industry-aligned training, startup incubation and cross-sector applications, it said.
The Centre has also formalised strategic MoUs with multiple industry and academic partners to support research in space biotech and microgravity, enable collaboration, build talent pipelines, and provide startups with training and market access, it added.
