India’s first exclusive women industrial parks to come up in Karnataka

News Network
November 18, 2021

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Bangaluru, Nov 18: In a bid to encourage women to take up entrepreneurship, the Karnataka government will soon set up exclusive industrial parks dedicated to them in Mysuru, Dharwad, Harohalli and Kalaburagi, Large and Medium Industries Minister Murugesh Nirani announced here on Thursday.
 
The minister was inaugurating a women entrepreneurs' event titled 'Together We Grow' organised by UBUNTU Consortium of Women Entrepreneurs Associations to mark International Women Entrepreneurship Day at a private hotel here.

UBUNTU is a Consortium of Women Entrepreneurs Associations. Over 30 women entrepreneurs associations and 1,500 members function under a single platform.

Explaining the various government initiatives, Nirani urged budding women entrepreneurs to make use of those schemes.
 
"Karnataka is the first state in India to set up exclusive industrial parks dedicated to women in Mysuru, Dharwad, Kalaburagi and Harohalli. The purpose will be served if women entrepreneurs take advantage of this initiative. Women should join hands with the government in driving industrial growth by taking up entrepreneurship and providing jobs," Nirani urged.
 
Lauding the achievements of women in every sector, the minister wanted women entrepreneurs to create jobs. "Women are shining in every field in this competitive world. Empowerment of women will become more meaningful when women become entrepreneurs and provide jobs to others. Successful women entrepreneurs like Sudha Narayana Murthy of Infosys, Kiran Mazumdar Shaw of Biocon have become role models and their success stories should become a source of inspiration for budding women entrepreneurs," Nirani opined.
 
The minister said government, through various initiatives has been encouraging women entrepreneurs to unlock their potential to generate unlimited profit and create jobs. 'Udyami Aagu, Udyoga Needu' programme in Bengaluru was a grand success and it will be conducted in other districts in the coming days, Nirani informed.
 
He lauded UBUNTU for supporting and guiding women entrepreneurs and promised to extend government's cooperation and support in their endeavours.
 
"We are proud of the fact that today India has 13.5 - 15.7 million women-owned enterprises, representing 20 per cent of all enterprises. Accelerating quantity and quality of entrepreneurship towards such benchmarks can create over 30 million women-owned enterprises and this is not an impossible goal," Nirani expressed.
 
Explaining the regulations aimed at helping women, minister Nirani promised incentives for women entrepreneurs from weaker sections.
 
"Amendment to the Factories Act, 1948 allows women to work in the night shift between 7 p.m. to 6 a.m. Additional incentives are proposed to special category entrepreneurs such as SC/ ST women under new industrial policy," Nirani informed.

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News Network
January 4,2025

Mangaluru: In a shocking case of fraud, six individuals posing as officials from the Enforcement Directorate (ED) swindled a beedi businessman of Rs 25 to 30 lakh in cash and five mobile phones at Kolnad in Bantwal taluk of Dakshina Kannada on Friday night.

The incident came to light after Mohammed Iqbal, 27, lodged a complaint with the police, stating that his father, a beedi trader, was targeted by the imposters.

According to the complaint, the six accused arrived at the businessman’s residence around 8:10 pm in a car with Tamil Nadu registration plates. Claiming to be ED officials, they announced that they had orders to search the house and began confiscating mobile phones from the family members.

The fraudsters reportedly discovered Rs 25 lakh to Rs 30 lakh in cash, which the businessman had kept aside for business purposes. They claimed that keeping such a large amount was illegal and threatened to arrest him unless he complied. By 10:30 pm, the group left the house, instructing the businessman to submit documents at the ED office in Bengaluru to reclaim the money.

Later, upon discussing the incident with his family, Iqbal realized that the individuals were not ED officials but fraudsters who had impersonated authorities to rob them.

A case has been registered at Vittal Police Station under relevant sections of the Indian Penal Code. An investigation is underway, and the police have promised swift action to apprehend the culprits.

Dakshina Kannada Superintendent of Police Yathish N, along with senior officers, visited the crime scene and assured the family that the perpetrators would be brought to justice at the earliest.

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News Network
January 1,2025

Udupi: In a shocking case of investment fraud, a 72-year-old man from Udupi, Karnataka, lost Rs 49 lakh after falling prey to a deceptive stock market scheme. The incident highlights the growing menace of online scams targeting unsuspecting individuals.

According to the complaint filed by Francis Castelino, an unknown individual added his son's mobile number to a WhatsApp group titled "Stock Market Navigation." The group shared stock market insights and promised lucrative returns, convincing Castelino’s son to invest. Trusting the information, the son persuaded his father to make substantial investments.

On December 30, 2024, Castelino transferred Rs 17,00,000, his wife contributed Rs 10,50,000, and their son invested Rs 21,50,000 to the bank account provided by the fraudsters. 

However, when Castelino attempted to withdraw the invested money, he and his family were pressured to reinvest further. Realizing that the promised profits and their principal amount were not forthcoming, the family approached the police for help.

A case has been registered at the Udupi CEN Police Station under Sections 66(C) and 66(D) of the IT Act and 318(4) BNS. Investigations are underway to track down the culprits and recover the lost funds.

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News Network
January 7,2025

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New Delhi, Jan 7: Fifty-three people were killed after an earthquake of magnitude 7.1 hit Tibet near the Nepalese border today, news agency AFP said quoting Chinese media Xinhua. The tremors of the earthquake were felt in several parts of India, including Bihar, Assam and West Bengal.

The epicentre of the earthquake was in Tingri county in Shigatse city. Tingri is about 400 km southwest of Tibet's capital Lhasa and is on the border with Nepal. It is a tourism hub for those visiting Mount Everest. 

According to the National Centre for Seismology (NCS), the earthquake was recorded at 6:35 am. NCS data reveals that two more earthquakes hit the region shortly after the first one. 

The second earthquake of magnitude 4.7 was recorded at 7:02 am at a depth of 10 km and the third earthquake of magnitude 4.9 at 7:07 am at a depth of 30 km. 

Nepal is nestled in a geologically active region, where the Indian and Eurasian tectonic plates collide, forming the Himalayas and making earthquakes a frequent occurrence. In 2015, nearly 9,000 people died and more than 22,000 were injured when a 7.8-magnitude quake struck Nepal, destroying more than half a million homes.

The tremors were particularly felt in Bihar where people were seen outside their houses and apartments. There have been no reports of any damage to property because of the earthquake.

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