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Technopark TBI virtual incubatees Innoz Technologies P Ltd from LBS  Engg College, Kasaragod enters the finals of  the 2009 DFJ Cisco Global Business Plan competition.

The Global Final will be held on Tuesday, June 30, 2009.

The winner will be announced on the day of the competition and will receive a minimum of $250,000 seed money. The winner will also receive professional feedback and mentorship from both DFJ and Cisco.

Innoz, a student startup,  is the first offsite incubated company by Technopark TBI. Innoz Technologies operates in the extension centre of T-TBI with the support of EDC in LBS College of Engineering and they are functioning there.This startup has been initiated for the need of brilliance and innovation in the software field mainly focusing on 3 fields  namely mobile ,internet and new media. The team extended the company to more domains other than web and application development, they set out to opt mobile field, which has now evolved into what sits at the core of the Innoz system

The four students Deepak Ravindran,Abhinav Sree,Ashwin Nath and Mohammed Hisamuddin from Lbs college of Engineering,Kasaragod,Kerala,the founders behind this venture are already feeling tremendous responsibility on their young but strong shoulders and are happy that all four played each of their roles very well in these hard but fun filled startup days.

The company had managed top ranking in the TATA NEN Hottest Startup Awards, and had successfully entered into the Elevator Pitch for Economic Times-Power of Ideas.

Innoz focus has been on rich mobile & web applications. Their initial product, SMSGYAN, an innovative text messaging interface for trivia/definitions over SMS, in short time had got wide media coverage & recognition from leading technology blogs. 

The prestigious Global Business Plan Competition, co-sponsored by US-based venture capitalist Draper Fisher Jurvetson (DFJ) and networking and communications technology major Cisco, is for university and business school students.In addition to the financial investment awarded to the winner, DFJ and Cisco will assist all the 16 finalists to take their projects forward.The only other finalist with an India link is Husk Power, floated by students of Darden School of Business, University of Virginia.

The Innoz project is an SMS text messaging interface for trivia and other information for the million Indian cell phone subscribers.

‘People without an Internet connection or a dictionary can send an SMS, GYANYOUR SEARCH WORD OR TERM to 09894974926. The answer will appear on the sender’s mobile,’ said Innoz co-founder and chief executive Deepak Ravindran.

‘We will make a live presentation in a teleconference for 20 minutes from DFJ’s Bangalore office,’ he added. The judges will be in the US.

Their latest entry before DFJ-Cisco competition was into iAccelerator – a Silicon Valley style mentoring program at IIM-Ahmedabad .

Technopark TBI Virtual incubatee Catalyz Life Technologies signs MOU with International Stem cell Services Ltd (IISL) to bring stem cell therapies to patients with several incurable diseases. Dr. Biju Jacob, CEO of Catalyz said that the partnership is bringing Stem Cell based advanced Therapeutics to Kerala through Technopark EC based center of Catalyz. Hospitals across the state will be supported for setting up regenerative therapy centers and by training surgeons through CME programs. Hospitals with all the necessary facilities will be accredited for carrying out the stem cell therapies and thereby will be considered as the recognized of IISL for Regenerative Therapy as stated by Dr. S G A Rao, Managing Director, IISL.

The potential application of stem cell therapies is wide and covers a large spectrum of diseases. Some of the diseases that may be treatable with stem cell therapies include: Type I diabetes, Cardiac Ischemia, Myocardial Infarction, Multiple Sclerosis, Rheumatoid arthritis, Stroke, Limb ischemia, Diabetic Ulcers, Liver disease, Kidney failure, Parkinson’s disease, Alzheimer’s disease etc.

Earlier an extension centre of Technopark TBI was inaugurated at Garden City College(GCC), Bangalore in March 7, 2009. “The virtual incubatees operating in GCC is fully supported by Technopark TBI and shall be given an opportunity to graduate into the Technopark Incubation Facilities in Trivandrum for further scaling up” says Mr. K.C.Chandrasekharan Nair, Secretary cum Registrar, Technopark TBI commenting on the achievement of Catalyse.

IISL group has done successful and effective adult stem cell treatment for several diseases including peripheral artery disease, spinal cord injury, osteoarthritis, chronic liver disease, and muscular dystrophy in collaboration with hospitals like Bhagavan Mahaveer Jain Hospital, St Theresa’s Hospital, Center for Liver Research & Diagnostic (CLRD) etc. across the country. IISL has a well trained scientific team from USA, UK & Australia and is accredited by Society for Regenerative Medicine and Tissue Engineering.

For further information on stem cell therapy

Contact ; catalyzlife@gmail.com

Mob.    09632725257

09845125293

As part of its Corporate Social Responsibilility Cre8tivebug Software private limited an incubatee of Technopark TBI conducted a blood donation camp in association with Blood Bank, Medical college, Trivandrum on May 21,2009 at park Centre, Technopark.The camp was inaugurated by Mr.K.C Chandrasekharan Nair, CFO, Technopark.

Today domestic markets are likely to open negative as majority of Asian markets have opened with blood bath. The sentiments are weak across Asia as there is lack of specific news to drive the market. The US markets have also closed flat on Friday thus exuding lack of buying sentiments. In the domestic arena one could expect a lackluster trading throughout the day with an essence of mild volatility.

On Friday, the domestic markets closed with losses for the second consecutive day. The positive opening was better than anticipated however as the trading progressed the selling pressures engulfed the stocks at broader level despite positive cues from the Asian markets. The European markets on the other hand exuded negative cues. Traders were skeptic about the current high level of the benchmark indices and correction at this level seems to be inevitable. Funds and retail investors booked profits across sectors like Realty, Auto, Teck and CD as they closed with losses of 2.49%, 2.41%, 2.40% and 2.29% respectively. On the other hand, Metal and Oil & Gas stocks provided a support to markets as they gained 1.93% and 1.38% respectively. We expect the markets to be trading volatile.

The BSE Sensex closed with a loss of 173.53 points at 15,237.94 and NSE Nifty ended with a loss of 54.30 points at 4,583.40. BSE Mid Caps and Small Caps closed with losses of 112.55 points and 135.78 points at 5,235.03 and 6,014.66 respectively. The BSE Sensex touched intraday high of 15,600.30 and intraday low of 15,174.28.

On Friday, the US Markets closed mixed. There was narrow trading range in the southward throughout the day however towards the end some buying sentiments helped major indices to close in green. Materials stocks closed with a loss of 1.3%, which have provided leadership in recent weeks, were knocked lower as commodities came under pressure amid a rally in the U.S. dollar. Further the Semiconductor stocks also fell under pressure this session, sending the Semiconductor Index to a 1.8% loss. On stock specific move investment services firm BlackRock (-6.04) trailed after updating its outlook to reflect its agreement to pay $13.5 billion for the global investors business from Barclays (-0.63). The US light crude oil for July delivery closed low by 0.8% at $72.05 per barrel on the New York Mercantile Exchange.

The Dow Jones Industrial Average (DJIA) closed high by 28.34 points at 8,799.26 the NASDAQ Composite (RIXF) index declined by 3.57 points to close at 1,858.80 and the S&P 500 (SPX) closed flat at 946.21.

Today major stock markets in Asia are trading negative. Hang Seng is low by 269.66 points at 18,620.02. Shanghai Composite is low by 5.497 points at 2,738.26. Japan’’s Nikkei is trading low by 99.71 points at 10,036.11. Strait Times is also low by 38.72 points at 2,338.35. KLSE Composite is up by 1.19 at 1,090.15.

Indian ADRs ended lower on Friday. In the telecom space, Tata Communication was down 4.04% and MTNL was down 7.54%. In the banking space, HDFC Bank was down 2.41% and ICICI Bank was down 2.32%. In the IT space, Wipro was down 4.88% while Infosys was down 0.03%, Satyam Computers as down 14.65% and Patni Computers was down 3.99%. In other sectors, Sterlite Industries was down 0.88%, Tata Motors was down 1.89% while Dr Reddy’’s Labs was down 3.47%.

The FIIs on Friday stood as net buyers in equity and debt. The Gross equity purchased stood at Rs 3,581.80 Crore and gross debt purchased stood at Rs 10.00 Crore, while the gross equity sold stood at Rs 2,588.70 Crore and gross debt sold stood at Rs 0.00 Crore. Therefore, the net investment of equity and debt reported were Rs 993.20 Crore and Rs 10.00 Crore respectively.

On Friday, the partially convertible rupee closed at 47.61/62 per dollar, flat as compared to previous close at 47.60/61. The local currency had surged an intra day high of 47.37 against the green back.

On BSE, total number of shares traded were 56.51 Crore and total turnover stood at Rs 7,897.45 Crore. On NSE, total number of shares traded was 129.89 Crore and total turnover was Rs 23,706.55 Crore.

Top traded volumes on NSE Nifty – Unitech with 72746311 shares, Suzlon Energy with 58382257 shares, Hindalco with 35767252 shares, Tata Steel with 14190125 shares, followed by Idea Cellular with 13909756 shares.

On NSE Future and Options, total number of contracts traded in index futures was 781871 with a total turnover of Rs 17,244.10 Crore. Along with this total number of contracts traded in stock futures were 463465 with a total turnover of Rs 28,402.22 Crore. Total numbers of contracts for index options were 1152359 with a total turnover of Rs 26,976.32 Crore and total numbers of contracts for stock options were 46406 and notional turnover was Rs 2,829.77 Crore.

Today, Nifty would have a support at 4,493 and resistance at 4,635 and BSE Sensex has support at 15,110 and resistance at 15,359.

For details contact AjayJP@MOSTIndia.com

Two Technopark incubated companies — MobMe and Light Logics Holography and Optics Ltd — have won national awards for their respective innovations. MobMe won the Nasscom award 2008 for the most innovative start-up and the Indian Science and Technology Entrepreneurs Parks and Business Incubators Association (ISBA) award for the best start-up ICT company of 2008. Light Logics won the ISBA award for the best start-up engineering company of 2008.

MobMe is a two-year-old technology start-up incubated by the Technopark Business Incubation (TBI) initiative founded by a bunch of engineering students while in their college.The company won the award for its flagship product, Mobshare.in, which is a mobile contents sharing platform and distribution network. Its enterprise solution today powers CNN-IBN’s and Mid-Day’s Mobile Citizen Journalism initiative, among others.

Light Logics is a business initiative of a group of scientists and engineers with long years of experience in holographic imaging. The company manufactures and sells core machines for holographic imaging, master security holograms, vibrant display holograms and a range of intelligent and strategic holographic products of international quality.

The CEO’s of both the companies were honored by T-TBI Chairman & CEO-Technopark, Mr.Siddhartha Bhattacharya by presenting them momentos on behalf of Technopark-TBI. The three National Awards won by our Incubatees, MobMe and Light Logics add a golden feather to the crown of the Best TBI in the country.  T-TBI has become so successful only with continual motivation, guidance and the support given by Dr.Ajay Kumar IAS, Secretary IT, and Mr.Siddhartha bhattacharya, Chief executive Officer, Technopark & Chairman-T-TBI all through the years. The team spirit we gained through our past experiences give us confidence to move forward in accomplishing our goal of promoting the spirit of innovation and entrepreneurship nationwide. This will help us to groom more home grown companies for the upcoming District IT Parks.

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       What do you match a coffee with..? Milk, Sugar…what else. Well, this time we’ve match it with ‘Dance’. Its not a puzzle. Read on..
       The 3rd August is a Sunday this year.But unlike the usual sundays, this is not a day to log Z’s. Coz you’ve to rock the floor on this friendship day at Cafe Coffee Day in Ginger. Arun’s holidays, a private initiative, is organizing DJ party on 3rd August to mark friendship day this year in Cafe coffee Day. You can’t degrade it to a normal DJ since something more is happening there. Along with the disc numbers from DJ Charlez, there are some contests ;’best friends’, ‘best dressed guy n’ gal’, ‘talent hunt’, to name a few. To add some more coffee, there is a coffee tasting session and a coffee quiz (dealing with CCD, obviously).

                                            
       The tickets are available at Cafe Coffee Day in Ginger @ Rs199/- per entry. This includes a food hamper from Cafe Coffee Day. They assure a seperate dance floor for ladies upon request. san soma theatre diego
       It feels like there are some ripples in and around, the once called, ‘non-happening’ TVM. Lets wait and watch how TVM cope with Cochin when it rises from its hibernate mode.

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