Unaccounted cash of 50 lakh rupees, Gold bangles seized from private bus arriving in Bhatkal
Bhatkal: A large amount of unaccounted cash and gold ornaments were seized from a private bus that arrived in Bhatkal from Mumbai. Police said the money and gold were being transported as a parcel without any supporting documents.
According to preliminary information, the police inspected a blue-coloured bag that had been sent as a parcel under the name ‘Irfan’. Inside the bag, they found around ₹50 lakh in cash and 401 grams of gold bangles.
Since there were no valid documents to prove ownership or purpose of transport, the police seized the cash and gold. The operation was carried out under the supervision of Police Inspector Divakar and PSI Naveen.
Police said the seized items would be returned if the rightful owner produces valid documents confirming their ownership.
Meanwhile, an investigation is underway to trace the sender and the intended recipient of the seized cash and gold.
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Karnataka approves AI Centre of Excellence in Bengaluru's Electronics City
Bengaluru (PTI): The Karnataka government has approved the establishment of a CoE for AI in Biotechnology at IBAB in Electronics City (Phase 1), here.
The decision, taken by the state Cabinet on Thursday night, marks a significant step towards strengthening Karnataka’s leadership in emerging technologies, IT and biotechnology, Karnataka Minister Priyank Kharge said on Friday.
The centre will be established over four years with a total outlay of Rs 20 crore, in partnership with the Institute of Bioinformatics and Applied Biotechnology and the Centre for Cellular and Molecular Platforms (C-CAMP), according to a statement from the minister’s office.
"Karnataka has consistently been at the forefront of technological innovation. As we enter the decade of deep tech, our focus is on building future-ready capabilities at the intersection of artificial intelligence and biotechnology," Minister for IT and Biotechnology said.
"This Centre of Excellence will strengthen our research ecosystem, accelerate innovation and enable Karnataka to lead in high-impact next-generation technologies," he added.
Priyank added that the state government, through the Departments of Electronics, IT, Biotechnology, and Science & Technology, is actively investing in emerging technologies and taking steps to strengthen Karnataka’s AI and deep-tech ecosystem.
The minister said the Cabinet has also approved the transfer of a 51 per cent stake in the Karnataka Technology & Innovation Museum Foundation (KTIMF) to the Unboxing BLR Foundation.
KTIMF was established by the Government of Karnataka as a not-for-profit organisation to promote innovation, technological awareness, startup culture and public engagement in science and technology, aligned with the state’s vision of building a robust innovation ecosystem, he said.
The Technology & Innovation Museum will be developed at the NGEF campus in Baiyappanahalli, Bengaluru, under a Public-Private Partnership (PPP) model, with a total project cost of Rs 100 crore. Of this, Rs 49 crore will be contributed by the state government and Rs 51 crore by the private partner, he said.
