Karnataka: Man convicted of bank fraud gets 5 years imprisonment
Bengaluru, Apr 7: A CBI Special Court here on Wednesday sentenced a private individual to five years simple imprisonment with a fine of Rs four lakh in a bank fraud case.
According to the CBI officials, they registered a case on July 31, 2002, against the then chief manager of the Basavanagudi branch of Canara Bank here and others on a complaint from the bank.
Shyam M Ganglani, the private individual, along with other accused, had allegedly cheated the bank in the matter of closing Foreign Currency Non-Resident (FCNR) deposits by creating forged applications and caused loss to the extent of about Rs 1.34 crore to the bank.
After investigation, the CBI filed a charge sheet on June 30, 2003 against four accused, including the then chief manager of Canara Bank Basavanagudi branch, and private individuals, including Ganglani.
The case against the then Chief Manager was abated as he expired, the CBI said.
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AI reshaping music, filmmaking in Kannada cinema
Bengaluru: Artificial Intelligence is slowly changing the way music and creativity are produced in the Kannada film industry, raising concerns among musicians, singers and technicians, The New Indian Express reported on Sunday.
Music composer, actor and director V Manohar reportedly said, AI is being used to write lyrics, especially in low-budget movies. Once lyrics are generated, AI can suggest thousands of tunes. It even asks whether the voice should be male or female. With one click, a complete song is ready.
“If this continues, singers and musicians will have less or no work in the coming days. But it may not succeed either. A few years ago, dubbing was allowed and people could watch movies in any language they preferred. But not many took to it as they wanted to watch a movie in the original,” TNIE quoted him as saying.
According to the report, Filmmaker Avinash U Shetty, a National Award winner, said resistance to new technology is not new. Those who resisted shifting from analogue to digital films years ago have now embraced it. The industry is now using only 10% of the AI potential. If it is scaled up, it can do unimaginable things. What we consider bad now, may not be after five years.
Highlighting the cost advantage, Sangamesh, an independent creator reportedly said, he made a three-minute video using AI for just Rs 4,500. Earlier, the same work would have cost nearly Rs 15 lakh. I finished the entire project in three days. The only expense was the AI software subscription, he said.
These days, it has become difficult to differentiate between the real and AI. AI is creating artistes. Scenes like war, big fights and dance can be shot with a lesser number of artistes. Then with the aid of visual effects and AI, you can achieve what you have in mind, he said.
Actor-director D P Raghuram felt that while AI has made an impact on music, it lacks emotional depth. Cinema earlier involved hard work and strong emotional connections. AI can help improve our work, but creativity should remain human, he reportedly said.
As per the report, earlier, Kannada cinema employed hundreds of junior artistes, who not only earned wages but also shared meals on sets and formed lasting bonds with stars like Dr Rajkumar, Vishnuvardhan and Ambareesh. Today, filmmakers fear that increasing dependence on AI could reduce such human connections, turning creativity into just another automated process.
