IEEE awareness program held at Bearys Institute of Technology
Mangalore, April 15, 2025: An IEEE awareness session was held at Bearys Institute of Technology (BIT), Mangalore, to inform students and faculty about the benefits of IEEE membership and the role of IEEE societies within educational institutions. The event was organized by the IEEE Mangalore Subsection in association with the IEEE Student Branch at BIT.
Dr. Satyanarayana, Chair of the IEEE Mangalore Subsection, addressed the gathering and explained the various advantages of IEEE membership. He spoke about how students and faculty members can benefit from access to global research, professional development resources, and networking opportunities with industry and academic experts.
Dr. Parameshsachari, Vice Chair of the IEEE Bangalore Section, highlighted the importance of forming IEEE societies in colleges. He said such societies encourage innovation, leadership, and collaboration among students and staff.
The session began with a welcome speech by Dr. Abdullah Gubbi, Head of the Electronics and Communication Engineering Department at BIT. Saima, Chair of the BIT IEEE Student Branch, conducted the event as the master of ceremonies.
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DGGI, Hyderabad unearths Rs 13,000 cr syndicate involved in operating 'illegal' online gaming sites
Hyderabad (PTI): The DGGI, Hyderabad zonal unit, on Thursday said it has identified an alleged organised syndicate worth Rs 13,000 crore involved in operating "illegal" online gaming websites in the country with the assistance of associated fintech companies and arrested one of the masterminds.
It further said it has launched a massive crackdown on online gaming syndicates, including action against associated fintech companies, freezing bank accounts to the tune of Rs 100 crore and has begun arresting the masterminds.
As part of the online gaming investigation, GST Intelligence, Hyderabad arrested Pankaj Kumar, founder and director of Adsum Advisory Service Pvt Ltd, the city-based firm, which provides services for fraud detection and customer verification/digital KYC verification, a release from the Directorate General of GST Intelligence (DGGI), Hyderabad zonal unit said.
"Evidence gathered during the investigation pointed to the identification of an organised syndicate worth Rs 13,000 crore involved in operating illegal online gaming websites with assistance of associated fintech companies, including payment aggregator, payment gateway and third-party technology service providers, wherein Pankaj Kumar is one of the masterminds responsible for fraudulent KYC verification of merchants and shell entities on behalf of RBI regulated entities like Payment Gateways and Banking as Payment Aggregator (BAPA)," it said.
Being director of a company responsible for KYC verification process, Kumar "failed" to develop risk profiling of customers based on ownership and control structure and helped in onboarding of shell entities for UPI integration required for flow of money from online gaming, it alleged.
The DGGI, Hyderabad unit, further alleged Kumar, is one of the beneficiaries who received "illegitimate" proceeds of crime generated by the online gaming syndicate.
Further investigation is under progress, the release added.
