Ananthamurthy cremated with full state honours

August 23, 2014

U R Anantha Murthy final rite 1

Bangalore, Aug 23: Mourners in large numbers today paid their last respects to Jnanpith award winner and Kannada literary giant U R Ananthamurthy who was cremated with full state honours here today.

Amid vedic chants, a team of 15 priests performed the last rites according to Bramhinical traditions with his son Sharat lighting the funeral pyre at "Kalagrama" in "Jnana Bharati" campus of Bangalore University.

Ananthamurthy's mortal remains wrapped in tricolor were given gun salute by police, with his wife Esther, daughter Anuradha, Chief Minister Siddaramaiah, state ministers, political figures and literary and film personalities in attendance.

The last rites were conducted as per Hindu traditions fulfiling the wishes of Ananthamurthy, who was equally brilliant in Kannada and English writing.

He died of multiple health complications at a private hospital here yesterday aged 82, ten days after he was admitted for fever and infection.

Ananthamurthy, who burst on the literary scene in 1965 with the controversial novel 'Samskara' that earned him the tag as a scathing critic of Brahminism, its superstitions and hypocrisies, rose to become one of the best writers in the country widely acclaimed by fans and critics alike.

Earlier, hundreds of people paid their last respects to Ananthamurthy, who combined in him a writer, a thinker who questioned well held beliefs, playwright, poet, novelist and a public intellectual who dared to speak out vociferously on what he believed was right on social and political issues.

His body was kept at the premises of Ravindra Kalakshetra for people to pay homage before being taken to "Kalagrama" in a procession in a flower bedecked vehicle.

Christian and Muslim prayers were also conducted for Ananthamurthy, who was known for his strong beliefs in secularim and pluralism and questioned fundamentalism, particularly majoritarianism, often landing in controversies.

State political leaders, Union Ministers Ananth Kumar and D V Sadananda Gowda, literary and film figures like Girish Karnad, M S Satyu, Girish Kasaravalli, Nagabharana and K S Nissar Ahmed paid their last respects to the departed writer.

Karnataka government has declared a three-day state mourning and its offices and educational institutions were closed today as a mark of respect to Ananthamurthy, whose literary works broke new grounds in Kannada literature.

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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News Network
January 27,2020

Mangaluru, Jan 27: JD(S) leader and former Labour Minister K Amarnath Shetty passed away at a private hospital in Mangaluru on Monday morning. He was 80. Shetty was unwell for sometime, and was admitted to the hospital a few days ago, family sources said.

Amarnath Shetty, a trustee of Alva's Education Foundation (AEF), had joined politics in 1965.

He became the president of Paladka Gram Panchayat and soon was elected as MLA from Moodbdri constituency in 1983. He won the successive elections held in the same constituency in 1987 and 1994. He had served as Tourism and later as Labour Minister.

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coastaldigest.com web desk
July 1,2020

The United States of America has bought almost the entire world's supply of remdesivir, one of just two drugs proven to treat COVID-19. 

“President Trump has struck an amazing deal to ensure Americans have access to the first authorised therapeutic for Covid-19,” said the US health and human services secretary, Alex Azar. 

“To the extent possible, we want to ensure that any American patient who needs remdesivir can get it. The Trump administration is doing everything in our power to learn more about life-saving therapeutics for Covid-19 and secure access to these options for the American people.”

The announcement implies that no other country in the world will be able to buy remdesivir for next three months at least.

The anti-viral drug patented by the US-based Gilead biotech firm is the only one approved by the European Medicines Agency (EMA) to treat patients with the novel coronavirus.

The Trump administration has already shown that it is prepared to outbid and outmanoeuvre all other countries to secure the medical supplies it needs for the US.

“They’ve got access to most of the drug supply [of remdesivir], so there’s nothing for Europe,” said Dr Andrew Hill, senior visiting research fellow at Liverpool University.

Remdesivir, the first drug approved by licensing authorities in the US to treat Covid-19, is made by Gilead and has been shown to help people recover faster from the disease. 

The first 140,000 doses, supplied to drug trials around the world, have been used up. The Trump administration has now bought more than 500,000 doses, which is all of Gilead’s production for July and 90% of August and September.

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