Bengaluru, Sept 16: The Akhil Bharatiya Vidyarthi Parishad (ABVP) has demanded action against St Joseph's College for sending its students in the National Cadet Corps (NCC) uniform to attend the 'Resistance Convention' against the murder of journalist Gauri Lankesh in Bengaluru on September 12.
Jayaprakash, of the BJP's student wing, made the demand in a memorandum to the vice-chancellor of Bangalore University and the director of the Department of Collegiate Education.
Abu Dhabi, Feb 17: NMC Health Plc, a hospital operator targeted by short-seller Muddy Waters, said founder Bavaguthu Raghuram Shetty resigned amid investor concern he faced a margin call and misrepresented his stake.
The board asked for Co-Chairman Shetty’s resignation and it takes effect immediately, according to a person with knowledge of the situation. NMC has lost four board members since Friday, including Vice Chairman Khaleefa Butti, whose holdings are also being probed. The stock, the worst performer on the FTSE-100 Index this year, fell as much as 9.2 percent Monday morning and then rebounded.
“The resignation of senior board members should be viewed positively,” said Abdulla Nahlawi, an analyst at Rasmala Investment Bank in Dubai. “The credibility of the current board has been jeopardized with the unfolding of the recent events.”
NMC shares lost almost half their value the first week of February on speculation the company’s main investors faced a margin call, in which banks seize shares pledged as collateral. NMC said Friday that First Abu Dhabi Bank and Al Salam Bank Bahrain obtained 20 million shares in the company from BRS International Holding, an investment vehicle of NMC’s top shareholders. The banks sold more than 8 million of those shares as “enforcement of security,” NMC said.
NMC operates the largest medical network in the United Arab Emirates and in 2012 became the first Abu Dhabi company to list in London. The shares started teetering in mid-December when Muddy Waters alleged that NMC manipulated its balance sheet and inflated the prices of companies it acquired.
Shetty, 77, was born in India and founded NMC in the 1970s after moving to Abu Dhabi. His spokesman said a legal review of the situation is ongoing and declined further comment.
Chief Investment Officer Hani Buttikhi and board member Abdulrahman Basaddiq also stepped down because they were appointees of Shetty and Butti, NMC said, adding that they had no knowledge of the share transfers.
Questions remain over the role of Shetty’s family at the company. His wife and son-in-law both hold roles in senior management.
Almost 10 per cent of NMC’s freely traded shares are shorted, according to Markit Securities data. In mid-December about a third of them were.
Last week GKSD Investment, an investment company backed by hospital investors, said it’s studying a possible offer for NMC. Under U.K. takeover rules, it has until March 9 to make a bid.
NMC has said Muddy Waters’s claims are false and the company hired former FBI Director Louis Freeh to conduct an independent review. The review is due to be completed before the company issues its financial results in March, the person said.
NMC said Mark Tompkins will continue as the company’s sole chairman.
BRS could not fool all the people all the time!
Illegal way of earning will not last for long.
Kasaragod, Feb 17: A Kerala Muslim couple conducted the wedding of their Hindu foster daughter at a Bhagavathi temple in Kerala, scripting another tale of communal harmony at Kasaragod.
The wedding ceremony was held on Sunday.
The woman Rajeshwari tied the knot with Vishnu Prasad in the presence of family and friends belonging to both Hindu and Muslim communities.
Abdulla and Khadeeja adopted Rajeshwari after her father who worked at Abdulla's farm died. Rajeshwari's mother also passed away when she was a child.
Rajeshwari grew up alongside Abdulla and Khadeeja's three sons- Shameem, Najeeb and Shereef.
Earlier in January this year, cutting across the lines of religion, a mosque in Kerala's Kayamkulam hosted a Hindu marriage ceremony.
Bagalkot, April 7: A group of villagers on Monday attacked three Muslim men at Bidari village in Bagalkot district accusing them of being responsible for the spread of coronavirus in the country.
The three men belonging to Mahalingapura village were walking on the road when they were attacked with sticks by people even when they said that they were nowhere connected to Tablighi Jamaat.
This incident happened within the limits of Mudhol Police Station.
Meanwhile, Superintendent of Police Lokesh Jagasalar said that the police is investigating the matter and no one will be spared who all are involved in this act.
"No one will be spared and we have taken the incident seriously and finding whoever harassed three Muslim men, at no cost the incident be defended by anyone, it was unexpected and case will be booked and stringent action will be taken against those who are involved in the incident," Lokesh told news agency.
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Where were these Pillas when Sri Ravishankar used Army Jawans as his domestic servants for his PRIVATE "ART OF LIVING" marketing function, he even defied Environment & Pollution Board directions, absconded without paying fee and penalties. They should have barked then.
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