After Ahmed Patel’s victory D K Shivakumar emerges as a Cong hero

coastaldigest.com news network
August 10, 2017

Bengaluru, Aug 9: Vokkaliga strongman D K Shivakumar, who indirectly played a key role in the decisive victory of Congress veteran Ahmed Patel in Rajya Sabha elections from Gujarat, has now emerged as a hero among Congress leaders at national level.

The Energy Minister of Karnataka, who had to face the wrath of Centre’s ruling BJP in the form of I-T department raids, has also consolidate his position in the party ahead of looming Assembly polls.

Shivakumar is understood to have received a pat on his back from the Congress top brass, including AICC president Sonia Gandhi and her political secretary Ahmed Patel, for his efforts in hosting the Gujarat Congress MLAs at a resort near Bengaluru. Both Sonia and Patel are learnt to have called up Shivakumar on Wednesday and congratulated him. Ahmed Patel was the party candidate in the election.

Shivakumar took up the responsibility of safeguarding the Gujarat MLAs when there was a threat of them being poached by the BJP in Gujarat. Though he was away in Singapore, Shivakumar cut short his tour, rushed to Bengaluru and assumed charge of the MLAs. He, along with his brother and Congress MP D K Suresh, ensured that MLAs are safe despite Income Tax department raids on him for three days.

In fact, Shivakumar has proved himself as a crisis manager for the party on many occasions in the past. He had hosted around 70 Congress MLAs from Maharashtra during a political crisis in 2002. In 2014, Shivakumar ensured the victory of the party candidate in Bellary Rural Assembly constituency, which was considered the fiefdom of Ballari Reddy brothers. He is also credited with the party’s victory in the recently held byelection to Gundlupet Assembly constituency.

Ever since senior leader S M Krishna quit the Congress, Shivakumar has been trying to position himself as the Vokkaliga face of the party.

Speaking to reporters, Shivakumar charged the BJP with trying to woo Gujarat MLAs during their stay in Bengaluru. But all their efforts were in vain. He also said he has details of how efforts were made to poach the MLAs and that he would disclose them at the right time. “Ups and downs are common. The party leaders, including Sonia Gandhi and Chief Minister (Siddaramaiah), and the workers stood with me,” he added, referring to the I-T raids.

Comments

salam Bava
 - 
Thursday, 10 Aug 2017

we have to understand congress and DKS are up against Mr Modi, Mr Shah. And they think differently, they act differently, and if congress is not flexible in its approach, they will become irrelevant.
This is right time to Congress to recognize that India has changed. "Old slogans don't work, old formulas don't work, old mantras don't work. India has changed, the Congress party has to change.

So act of DKS is 100% justified

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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coastaldigst.com news network
May 31,2020

Mangaluru, May 31: Karnataka BJP president MP Nalin Kumar Kateel has claimed that there has been no differences of opinion within the state BJP.

"The BJP-led government will complete its term under the leadership of B S Yediyurappa," Kateel told media persons in the city on Saturday.

“A few MLAs had met and discussed the developments in North Karnataka. There is nothing wrong in discussing development keeping in mind the party's interests.”

Indiscipline within the party will not be tolerated. Strict action will be initiated against those who indulge in such activities by the party High Command, he warned.

The government, led by Yediyurappa, has carried out good works in the state. All the MLAs are supporting the chief minister. All the MLAs are in contact with me, claimed Kateel.

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News Network
March 1,2020

Mangaluru, Mar 1: Karnataka Minister for Major and Medium Industries Jagadish Shettar said that the flight service between Mangaluru and Hubballi will begin on March 29 under UDAN scheme.

Speaking to reporters on the sideline of the meeting of Industries Commerce of Magaluru, here on Saturday evening, he said while the city of Ports is the second busiest international airport after Bengaluru in Karnataka, other places, namely Hubballi, Belagavi, Kalaburagi and Bidar, have come on the air map with the UDAN scheme.

Stating that UDAN launched by Prime Minister Narendra Modi was what the Golden Quadrilateral highway project of former Prime Minister A B Vajpayee had envisaged, Mr. Shettar noted that more flights are operating to and from Mangaluru now. This has paved the way for Industrialisation of the important city on the Bombay-Karnataka region, he added.

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