Faizal & Shabana Foundation and Manipal University sign pact to boost research and development

[email protected] (CD Network)
February 3, 2014

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Dubai, Feb 3: The Faizal and Shabana Foundation, part of KEF Holdings, signed an MoU agreement with Manipal University to invest AED3 million towards a research and development facility for precast concrete technology at Manipal Institute of Technology (MIT), India and to introduce a precast design and engineering course to the University's curriculum.

“This is a first for any institute of higher learning in India and has the potential to transform engineering education in the country,” said Faizal Kottikollon, chairman of KEF Holdings and Faizal & Shabana Foundation.

“We are pleased to be part of this exciting venture. This new research and development center will no doubt benefit many students and faculty members. Precast concrete technology is rapidly expanding in India due to its sustainability, affordability and time saving measures. We therefore believe that this course will be a huge success at the University,” he said.

KEF Holdings recently entered a partnership with Finland-based Elematic, a leading provider for precast technology and machinery to set up manufacturing plants in India-and later UAE- involving investments totaling AED 200 million.

The Foundation aims to further precast technology by introducing it to students to advance the field and create employment opportunities for them.

“We are committed to seeing the advancement of this very successful industry and we believe that it has the potential to transform engineering education,” said Dr. Ramdas Pai, Chancellor of Manipal University. “We look forward to seeing the career possibilities and opportunities that will arise from this,” he said.

The research and development center will be set up by the Foundation and expertise will be given to the University via collaboration with Finland's Lahti University of Applied Sciences.

About Faizal & Shabana Foundation:

Innovation, excellence, integrity, and humility are the corner stones on which KEF Holdings was built. The philosophy of the group is to constructively influence lives of people by being different and making a difference.

Inspired by the desire to give back, commitment to sustain, and passion to excel while valuing the potential of each human being, the Faizal and Shabana Foundation was initiated in 2007 by KEF Holdings' founders, Faizal Kottikollon and Shabana Faizal.

The overall vision of the Faizal and Shabana Foundation is “Giving to Create Impact”. The focus areas of the Foundation's interventions are specifically Women, Children and Youth.

Thematically the Foundation has been working in the sectors of Education, Housing, Health, Humanitarian Assistance, Livelihoods, and Sports. The Foundation has been supporting projects globally and in India.

 

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News Network
November 29,2025

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New Delhi: Karnataka chief minister Siddaramaiah and deputy CM DK Shivakumar on Saturday put up a dramatic display of unity at a closely watched joint press briefing, firmly dismissing weeks of speculation about a power-sharing tussle within the Congress. With the high command nudging both leaders to sit together and settle the dust, the meeting became a political spectacle, ending with the duo declaring that there was “no confusion, no differences.”

Calling the reports of a rift “manufactured confusion,” Siddaramaiah said the talks had gone smoothly, even joking about their breakfast. “Breakfast was very good. All three of us enjoyed it,” he said. “We want to end this confusion once and for all. For local elections and for 2028, our mission is clear — Congress must return to power. There is no difference between me and DKS, not now, not before.”

He blamed the media for fuelling rumours and reiterated absolute adherence to the party leadership. “From tomorrow, let there be no confusion. What the high command says, we will follow.”

Siddaramaiah also assured that the Assembly session starting December 8 would run smoothly and vowed that Congress would take on the BJP and JD(S) “together.”

Shivakumar echoed the chief minister word for word, stressing loyalty and discipline. “People have given us a massive mandate. It is our duty to deliver,” he said. “This government was formed under Siddaramaiah’s leadership. We both have complete trust in the high command. If they tell me to wait, I will wait.”

He added that the two leaders had discussed strategy for the 2028 Assembly elections. “Whatever the CM says, I agree. We are loyal soldiers of the party. The party may be facing challenges nationally, but we will keep it strong in Karnataka.”

Shivakumar also said Siddaramaiah would soon visit his home for lunch or dinner — another symbolic gesture meant to underline their unity.

Both leaders later posted on social media describing the breakfast meeting as “productive” and focused on “Karnataka’s priorities.”

The BJP, however, rejected the show of camaraderie as “pure bunkum,” accusing Congress of trying to paper over an internal power struggle. But Siddaramaiah and Shivakumar insisted their united front would continue — and that there was “no confusion” within the state leadership.

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News Network
December 4,2025

Udupi: A 40-year-old NRI from Udupi has reportedly lost more than Rs 12.25 lakh in an online investment scam operated through Telegram.

According to a complaint filed at the CEN police station, Leo Jerome Mendonsa, who has been working in Dubai for the past 15 years in computer accessories sales, maintains NRI accounts in Karkala and Nitte.

On November 12, 2025, Mendonsa was added to a Telegram group called Instaflow Earnings by unknown individuals. Users identified as Priya and Dipannita persuaded him to invest in “Revenue Tasks.” Initially, Mendonsa transferred Rs 1,100 multiple times and received the promised returns, encouraging him to continue.

On November 14, another user, Nishmitha Shetty, directed him to register on a website, digitvisionuoce.cc, and invest Rs 4 lakh in various shares. Over the next few days, he made multiple transfers totaling Rs 12,25,000, including Rs 50,000 via Google Pay, believing the scheme was legitimate.

After receiving the money, the alleged handlers stopped responding, and neither the invested amount nor the promised profits were returned.

The CEN police have registered a case under Sections 66(C) and 66(D) of the IT Act and Section 318(4) of the Bharatiya Nyaya Sanhita (BNS), and investigations are ongoing.

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News Network
December 2,2025

Mangaluru, Dec 2: Mangaluru International Airport responded to a medical emergency late on Monday night. Air India Express flight IX 522, travelling from Riyadh to Thiruvananthapuram, was diverted to Mangaluru Airport after a passenger in his late 30s experienced a medical emergency on board.

The Airport’s Operations Control Centre received an alert regarding the passenger’s health condition. The airport activated its emergency response protocol, mobilising the airport medical team and coordinating with stakeholders including CISF, immigration, and customs. 

Upon landing, airport medical personnel attended to the passenger, assessed his condition, and arranged to shift him to a local tertiary-care hospital for further treatment. The passenger’s relatives accompanied the passenger, who incidentally received necessary medical care on board, which helped stabilise the situation.

Following the handling of the emergency, the flight departed for Thiruvananthapuram at 2:05 am on Tuesday.

"We appreciate the cooperation of all parties involved, and this incident reaffirms our ongoing commitment to prioritising passenger safety and readiness to respond to unforeseen emergencies with professionalism and care," the Airport spokesperson said. 

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