Placement and Training: Recruited by Wajirx

Shreetheja from the Dept. of Computer Science & Engineering has been recruited by Wazirx for the position of Full Stack Developer Role.
WazirX is India's most trusted Bitcoin & cryptocurrency exchange built by a team of hardcore traders and passionate blockchain enthusiasts. They are on a mission to make crypto accessible for all and build an exchange that is guided by values of innovation, transparency and trust. With a volume of $26 billion in 2021 so far, and growing at an exponential pace, WazirX is witnessing a steep rise in the number of new users as well as trading activity. With 10 million+ registered users, WazirX’s growth has just about started.

Recruited by Harman Connected Service

Nidhi from Dept of Information Science & Engineering and Khadeeja Jamsheeda and Bhumi from the Dept. of Computer Science & Engineering are recruited by Harman connected services for the position of Associate Engineer. CTC offered is INR 5.5 LPA.
Harman Connected Services, often abbreviated to HCS, is an American subsidiary of Samsung Electronics through Harman International Industries. The Connected Services Division supplies software services to the mobile communications industry. HCS is a technology company leader in Cloud, Mobile, Analytics Capabilities, Design, and Software Services. Harman has a workforce of approximately 30,000 people across the Americas, Europe, and Asia.

Distinguished Alumni: Vindhya Kulal - Abhimo Technologies Pvt. Ltd

After the completion of engineering at Sahyadri, Vindhya was selected at Diya Systems. With her burning desire to become an Entrepreneur she pursued a course in Android. Ms. Rashmi Bhandary, Dean-Placements & Training introduced her to a great visionary of the time, Mr. Irvathur Naveen Nayak from Mangaluru. He was in the process of forming an IT Start-up in Mangaluru creating Job opportunities for local talents and also a world-class software products start-up for Banking and financial organizations.
Both founded the Company-M/S Abhimo Technologies and incorporated it on 3rd June’2020. Their office is located in Thokkottu area, which is relatively closer to their homes giving them more time to spend in office to focus on software products. After tons of effort, they got the first order to develop a software solution to Corporation Bank IT department. They appointed two freshers to start the development activity. Later, they added more workforces to the team.
Challenges kicked in during Covid-19 Pandemic. Most of the developers were freshers, they needed guidance for support and development, but all were dedicated in their work, provided good support to complete the project in time. Their first project was implemented without any delay and was highly recognized by the Bank.
Today, they have 4 Products and 2 Reputed Banks and 10 plus dedicated staff members who provide round the clock support. Their company is registered as a Start-up in India and are receiving essential support and benefits from the Government. Vindhya, through her experience suggests youngsters to acquire knowledge and stick to the same company for longer duration which is going to reward them in the future.

LIVE Streaming of Union Budget 2022

Dept. of Business Administration-MBA had arranged for the LIVE streaming of Union Budget-2022 in the Seminar Hall presented by Finance Minister, Nirmala Sitharaman, on 1st Feb, 2022. Faculty and first year MBA students viewed the Budget Presentation and made notes for further analysis.
Key Highlights of Union Budget 2022:
• Entering Amrit Kaal, the 25 year long lead up to India @100, the budget provides impetus for growth along four priorities: PM GatiShakti, Inclusive Development, Productivity Enhancement & Investment, Sunrise opportunities, Energy Transition, and Climate Action, Financing of investments
• 2000 Km of railway network to be brought under Kavach, the indigenous world class technology and capacity augmentation in 2022-23.
• 400 new generation Vande Bharat Trains to be manufactured during the next three years.
• Rs. 2.37 Lakhs Crore direct payment to 1.63 crore farmers for procurement of wheat and paddy.
• ‘Kisan Drones’ for crop assessment, digitization of land records, spraying of insecticides and nutrients.
• Raising and Accelerating MSME performance (RAMP) programme with outlay of Rs 6000 Crore to be rolled out.
• ‘One Class-One TV channel’ programme of PM eVIDYA to be expanded to 200 TV channels
• Special Economic Zones Act to be replaced with a new legislation to enable States to become partners in ‘Development of Enterprise and Service Hubs’.
• Introduction of Digital Rupee by the Reserve Bank of India starting 2022-23.
• Alternate Minimum Tax paid by cooperatives brought down from 18.5 per cent to 15 per cent.
• Tax deduction limit increased from 10 per cent to 14 per cent on employer’s contribution to the NPS account of State Government employees.
• Any surcharge or cess on income and profits not allowable as business expenditure.
• GST revenues are buoyant despite the pandemic – Taxpayers deserve applause for this growth.
• Any income from transfer of any virtual digital asset to be taxed at the rate of 30 per cent.
The takeaways and reforms of Union Budget 2022 shall be presented by the students in groups, targeting 15 prime sectors like Education, Manufacturing, Agriculture, Health Care, Fiscal and so on.

Quote for the day

The only place where success comes before work is in the dictionary.
- Vidal Sassoon