After violence Bengaluru limping back to normalcy; Central forces deployed

April 20, 2016

Bengaluru, Apr 20: Caught off guard by sudden eruption of violence during the garment workers' protest over the Provident Fund issue, authorities have deployed central forces in the city and clamped prohibitory orders.

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Rapid Action Force personnel today staged a flag march along the Jalahalli Cross stretch, one of the worst-hit by the violence yesterday, even as police arrested about 50 persons in connection with the untoward incidents.

Along the stretch from Madiwala to Bengaluru's IT corridor Electronics City which saw widespread protest and violence, 15 platoons of Karnataka State Reserve Police (KSRP), three platoons of Central Reserve Police Force and RAF and six to seven City Armed Reserve (CAR) platoons have been deployed, a top police official said.

"We have registered around 18 cases, yesterday nine and day before nine; and about 50 persons have been arrested so far," Additional Commissioner of Police (East-Bengaluru City) Harishekaran said.

He said photographs and footage of those involved in stone pelting, assault on police and torching of vehicles are available with police and they would be arrested.

In a spurt of violence, protesting garment workers set several vehicles ablaze and attacked a police station here yesterday forcing the government to revoke the amendment to Provident Fund rules that caused the unexpected spontaneous unrest.

Protesters had gone on the rampage pelting stones at Hebbagodi police station and torching seized vehicles there.

The agitation which began on Monday, spun out of control yesterday in which several people, including 25 policemen, were injured and traffic was thrown out of gear as thousands of workers took to the streets at different places.

City Police Commissioner has promulgated prohibitory orders under section 144 of CrPC in the limits of Bengaluru city till the midnight of April 22.

Harishekharan said police are also visiting garment factories and informing workers about the government's stand.

"There is no protest or procession today...in spite of this our bandobast will continue," he added.

Workers opposing amendment to Employees Provident Funds and Miscellaneous Provisions Act have expressed fear that the new rule would take away their right over the employer's contribution of Provident Fund till they attain 58 years.

Buckling under protests, government revoked the order tightening rules for withdrawal of Provident Fund money, hours after deciding to keep it in abeyance for three more months.

Meanwhile, a few media representatives today petitioned Chief Minister Siddaramaiah seeking action against police officials who were allegedly involved in violence against scribes who had gone to cover the protest by garment workers.

Both Chief Minister Siddaramaiah and Home Minister G Parameshwara assured action after inquiry.

"...lathicharge on journalists is wrong, we will inquire in to it and take action. I have already spoken to the Commissioner," Siddaramaiah said.

Also Read: Violence rocks Bengaluru for 2nd day; buses set on fire, police station attacked

Comments

KhasaiKhaane
 - 
Thursday, 21 Apr 2016

@ Kumar

Siddu decided on withdrawal of PF, So he is respnosible.. yeah right!
Hindu Mahasabha says MoNa (Modi) irresponsible decision on PF withdrawal was the reason for the riots! Anti-Nationals!?

Confused bhakt!

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News Network
January 24,2020

Bengaluru, Jan 24: After the visit of fact finding committee members to the spot, the Christian community here decided to submit a report to the state government urging to install a 114-ft. statue of Jesus Christ at Kapala Betta in Kanakapura taluk of Ramanagaram district, Congress MLC Ivan D’souza said here on Thursday.

While talking to media, Mr D’souza said the committee would submit the report to Chief Minister B.S. Yediyurappa and Revenue Minster R. Ashok and urge the government to construct the statue at the earliest.

The RSS and other BJP outfits have strongly opposed the installation, following which the government ordered suspension of the work. A few days ago, Kalladka Prabhakar, RSS ideologue, took out a rally in Kanakapura opposing the installation.

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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News Network
April 29,2020

Bengaluru, Apr 29: A fire incident was reported inside the premises of the Hindustan Aeronautics Ltd (HAL) on Wednesday morning.

According to official sources, the fire was noticed at the Forge and Foundry division in the HAL complex and as many as eight fire tenders are engaged in fighting the mishap.

According to initial reports, the fire was noticed at a stockyard, where magnesium stockpile caught fire.

The fire fighters had cordoned off the entire area in the vicinity and the fire has been contained.

No casualties had been reported, due to the incident, the sources added.

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