TiE M'luru announces tie-up with TiE B'luru; to help growth of technology in Silicon Beach of India
Mangaluru: TiE Bangalore, a global non-profit organization "of the entrepreneur, for the entrepreneur and by the entrepreneur," has formed the TiE Mangaluru Satellite Chapter with 10 Founding Charter Members, led by Rohith Bhat, Founder of 99Games/Robosoft as its President. Other Founding Charter members include Praveen Kumar Kalbhavi, Ram Acharya, Shylaja Rao, Rathnakar Bhat, Suyog Shetty, Shyamprasad Hebbar, Ravi Haldipur, Prasanna Shenoy, and Shilpa Bhat.
Rohith Bhat, Founding President, TiE Mangaluru Satellite Chapter, said, "The Silicon Beach ecosystem is brimming with talent, energy, enthusiasm and entrepreneurial spirit! With 25+ engineering colleges producing 10k+ engineers every year, 15+ incubators, 125+ startups across Fintech, SaaS, Gaming and Healthtech, and with 100+ technology companies employing 15,000+ engineers and generating $375 million in revenues, we are well on our way to becoming the next technology hub in India."
Madan Padaki, President of TiE Bangalore, added, "We are delighted to partner with Rohith Bhat and the dynamic team of founding Charter Members to create a much more vibrant entrepreneurial ecosystem in the Silicon Beach of India. We look forward to working together in bringing the best of TiE’s global initiatives to this region. In this context, happy to share that the TiE Global Summit, the flagship event of TiE globally is coming to Bangalore, Karnataka in 2024 and this mega-event will be jointly hosted by TiE Mangaluru, TiE Mysuru and TiE Hubli."
TiE Mangaluru Satellite Chapter will provide mentoring, networking, education, funding, and incubation opportunities to entrepreneurs. TiE Mangaluru also thanked its Founding Sponsors, including Robosoft Technologies, Novigo Solutions, Niveus Solutions, and Julius Baer.
The Silicon Beach of India comprises Dakshina Kannada, Udupi, and Uttara Kannada districts, and is home to over 225 technology companies, including startups. This region has 25+ engineering colleges graduating 10,000+ engineers every year, 15+ incubation centers supporting 125+ startups, and over 100 technology companies employing 15,000+ engineers and generating over Rs. 3,000 crores in revenue per year. The region closely follows Bangalore in key development indices such as per capita income, per capita GDP, and top exporting districts. However, it surpasses Bangalore in crucial areas such as Literacy rate, Class 12 pass percentage, Human Development Index, Safety Index, and Women literacy. The region is also home to long stretches of pristine beaches that run parallel to the magnificent Western Ghats.
TiE Mangaluru Satellite Chapter is set to become a crucial hub for entrepreneurs and startups in the Silicon Beach of India, with its focus on fostering entrepreneurship through mentoring, networking, education, funding, and incubation.
TiE was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, & senior professionals. Over the last 25 years of existence TiE Chapters around the world has become a vibrant platform for entrepreneurs, professionals, industry leaders, and investors to interact with one another and forge long-lasting relationships.
There are currently 15,000 members (including over 3,000 charter members or mentors) in 61 chapters across 14 countries. TiE’s mission is to foster entrepreneurship globally through mentoring, networking, education, funding, and incubation. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and nurturing our next generation of entrepreneurs. More at: https://tie.org/about/
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Cordelia cruise case: Delhi HC gives nod to disciplinary action against Sameer Wankhede
New Delhi (PTI): The Delhi High Court on Friday gave its nod to the continuation of disciplinary proceedings against IRS officer Sameer Wankhede in connection with the 2021 Cordelia cruise drugs case.
A bench of Justices Anil Kshetarpal and Amit Mahajan allowed the Centre's plea against an order of the Central Administrative Tribunal (CAT) which quashed the disciplinary proceedings against Wankhede in the matter.
"This petition is allowed," said the bench while pronouncing the verdict.
A detailed copy of the verdict is awaited.
The central government challenged the CAT order passed on January 19, quashing the 'Charge Memorandum' issued to Wankhede on August 18, 2025, by the Central Board of Indirect Taxes and Customs.
Wankhede, a 2008 batch Indian Revenue Service (IRS) officer, made headlines for allegedly demanding Rs 25 crore from Bollywood actor Shah Rukh Khan's family by threatening to implicate his son Aryan Khan in the Cordelia cruise drug bust case during his tenure in the Narcotics Control Bureau (NCB) Mumbai in 2021.
Before the CAT, Wankhede filed an original application challenging the disciplinary inquiry against him by the Central Board of Indirect Taxes and Customs for allegedly seeking confidential information related to the probe from NCB's legal department after he was relieved from the agency.
It was also alleged that he sought an "assurance" from the NCB's legal officer to "steer the investigation" in the probe.
On January 12, the high court refused to interfere with an order of the CAT staying the disciplinary proceedings against Wankhede.
It had, however, asked the CAT to make "sincere efforts" to decide the main matter on January 14 or within the next 10 days.
