Karnataka bats for investments in ESDM sector

News Network
June 3, 2020

Bengaluru, Jun 3: Deputy Chief Minister CN Ashwath Narayan on Tuesday invited investors in the Electronics System and Design Manufacturing (ESDM) sector to Karnataka, as the state contributes 64 per cent to the sector's total exports from the nation.

During a video conference organised by Invest India for a few select states with leading ESDM players across the globe, Narayan said, "We are the largest chip design hub and home to 70 per cent of India's chip designers."

Karnataka has introduced industry-friendly policies from the beginning and it continues to be the leader in attracting technology-specific investments, he added.

"Karnataka has an estimated GSDP of almost USD 220 billion. We were the first to come out with IT, BT, ESDM, and AVGC (Animation, Visual Effects, Gaming, and Comics) policies to give a push to the growth of the technology sectors and innovation. We also have vibrant automobiles, agro, aerospace, textile and garment, and heavy engineering industries," Narayan explained.

"We have created sector-specific SEZs for key industries such as IT, biotechnology and engineering, food processing and aerospace,'' he said.

However, the state government is planning ahead as it has initiated talks with other countries.

"We have held multiple consultations with the private sector to seek inputs for returning to business as we ease the COVID-19 lockdown restrictions. We are also initiating dialogue with countries across the globe to understand future plans for their companies in the post COVID era and discuss how the Karnataka government can support that," the Deputy Chief Minister stated.

"Karnataka has attracted cumulative FDI inflows in the state from 2000 to 2019 which were recorded at USD 42.3 billion," he said.

Referring to the Karnataka ESDM policy 2017-2022, Narayan further said, "We aim to stimulate the growth of 2,000 ESDM start-ups during the policy period and create 20 lakh new jobs by 2025.

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News Network
January 4,2025

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Bengaluru, Jan 4: Kannada star Dr Shivarajkumar, son of Kannada film legend Dr Rajkumar, has been discharged from the hospital in Miami, US, following complete recovery from cancer, family sources confirmed on Saturday.

Nivedita, Shivarajkumar’s daughter, has shared a picture showing the actor and family in a relaxed mode. Sources further stated that Shivarajkumar will be in the US for follow-ups and resting for one month and he will be back for the shooting by Feb first or the second week.

Shivarajkumar is expected to begin shooting of the Telugu superstar Ramcharan-starrer pan India movie soon. 

Earlier, Shivarajkumar shared a video from the US on the first day of 2025, detailing his journey of overcoming cancer and assuring fans of his return.

In the video, he conveyed his New Year wishes to everyone and said, “I am hesitant to speak as I might get emotional at this moment. Leaving Karnataka was a very emotional experience for me. Under these circumstances, fear is inevitable, but the support of my fans has significantly reduced it.”

He continued, “The way the doctors took care of me, gave me immense courage. While shooting for the movie ‘45’, I underwent chemotherapy and even filmed the climax fight scene. As the date to leave for the US for treatment approached, I became anxious. However, my wife Geetha and daughter Nivedita stood by me throughout.”

“Dr Manohar, who treated me, cared for me like a child. My urinary bladder has been replaced, but there is no need for anyone to panic. I am doing well and will be back with double the energy. I thank all my fans for their unwavering support,” Shivarajkumar assured.

Geetha Shivarajkumar, his wife, who had appeared in the video alongside him, stated that all the medical reports had come back negative, and it was officially declared that Shivarajkumar is cancer-free. “He recovered because of the blessings of his fans, and I will never forget this,” she said.

The actor underwent surgery at a hospital in Miami, US, where his cancerous bladder was removed. According to the surgeon, Dr Murugesh Manoharan, an artificial bladder was created using Shivarajkumar’s intestine.

In November, Shivarajkumar had spoken publicly about his illness, acknowledging that he was human like everyone else. While he didn’t disclose it was cancer at the time, he said, “At the end of the day, I am a human being. I have a health issue and am currently undergoing treatment for it. I have completed a couple of treatment sessions, and a few more are pending. After that, I will undergo surgery, either in India or the US.”

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News Network
December 30,2024

Mangaluru: Despite a reduction in the number of cybercrime cases in 2024 due to effective preventive measures and increased public awareness, the financial impact of cybercrimes in the Mangaluru Commissionerate was the highest this year. Over Rs 40.46 crore was lost, with Rs 9.32 crore frozen and Rs 2.55 crore released to the complainants, reported Commissioner of Police Anupam Agrawal.

Comparing years, the number of cybercrime cases at CEN Police Station decreased from 196 cases in 2023 to 72 cases in 2024. In total, CEN registered 313 cybercrime cases from 2022 to 2024, including 55 cases in 2022, 196 in 2023, and 62 in 2024. In contrast, other police stations reported 120 cybercrime cases during this period, with eight cases in 2022, 40 in 2023, and 72 in 2024.

The financial losses from cybercrimes in 2022 were Rs 61 lakh, with Rs 7 lakh frozen and Rs 6 lakh returned to victims. In 2023, the losses increased significantly, with Rs 9.83 crore lost, Rs 6.29 crore frozen, and Rs 1.17 crore released to complainants.

Cybercrimes were mainly investment frauds, accounting for 50% of the cases and around 75% of the total losses. A total of 67 cases of investment fraud led to a loss of Rs 30.3 crore in 2024. Other major cybercrime categories included digital arrest scams (25 cases, Rs 7.1 crore lost), job frauds (8 cases, Rs 1.2 crore lost), and matrimonial frauds (4 cases, Rs 60.4 lakh lost). Online shopping frauds resulted in Rs 5.9 lakh in losses from three cases, while share market frauds led to Rs 41.96 lakh in losses from five cases. Other frauds, including advertisement, KYC, and miscellaneous scams, caused additional losses.

The National Cyber Crime Reporting portal received 5,498 complaints, with 215 cases converted into FIRs. Arrests related to cybercrimes increased in 2023, particularly at other police stations. This year, 42 individuals were arrested for cybercrimes, with 15 from Karnataka and 27 from other states, including Kerala and Tamil Nadu.

To combat cybercrime, 217 awareness programs were held across Mangaluru, targeting various sections of society. These programs were organized at the Police Station, Beat, Sub-division, and Commissionerate levels, helping spread awareness and prevent future crimes.

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News Network
January 7,2025

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Mangaluru: A tragic road accident claimed the life of a young medical store owner on Monday, January 6, near Tiblapadavu, Natekallu, located on the outskirts of the city.

The victim, identified as 25-year-old Ausaf, was the proprietor of Hajira Medicals and the son of Jaleel, a resident of Derlakatte. 

The unfortunate incident unfolded as Ausaf was riding his bike from Derlakatte toward Tiblapadavu. Upon approaching a divider near Tiblapadavu, a lorry made a sudden turn, resulting in a collision between the motorbike and the rear of the lorry. Ausaf succumbed to his injuries on the spot.

Having completed his education a few years ago, Ausaf had taken up the responsibility of managing Hajira Medicals at Derlakatte Junction. He was well-known in his community for his dedication and service.

Authorities at the Mangaluru South Traffic Police Station have registered a case, and CCTV footage capturing the incident is under review. The tragic loss has left the local community in shock, mourning the untimely demise of a promising young entrepreneur. 

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