Anitha and Kumaraswamy declare total assets worth Rs. 167.31-cr

News Network
October 16, 2018

Bengaluru, Oct 16: Chief Minister H D Kumaraswamy and his wife Anitha Kumaraswamy have declared total assets worth Rs. 167.31 crore.

The assets and liabilities affidavit filed by Ms. Anitha on Monday for the Ramanagaram byelection showed the couple owning assets to the tune of Rs. 167.31 crore, including nearly Rs. 43 crore of movable and immovable assets belonging to the CM.

A comparison with Ms Anitha’s affidavit and the affidavit filed by Mr Kumaraswamy on April 21 shows a difference of Rs. 21 lakh. However, their liabilities have come down by nearly Rs. 9 crore — from Rs. 104.87 crore, including Rs. 2.94 crore for the CM, to Rs. 96.93 crore, which includes Mr. Kumaraswamy’s liability of Rs. 2.97 crore.

Mr. Kumaraswamy had declared his and Ms. Anitha’s total assets to be worth Rs. 137.8 crore in 2013, with liabilities of Rs. 62.12 crore.

Ms. Anitha has declared herself an entrepreneur involved in the business of petroleum products and film production. She has made investments to the tune of Rs. 68.72 crore in Kasturi Media Pvt. Ltd., which runs Kannada channels. Her movable possessions, besides cash, investment and jewellery, include a Harley Davidson bike.

Her opponent and BJP candidate L. Chandrashekar has declared total assets of Rs. 10.20 crore.

Comments

Jaguar
 - 
Tuesday, 16 Oct 2018

on his son's nikhil gowda's movies he had spent around 100 crores and now declaring very less assets. he s the king boss of around 1000 crores. Next IT attack on him for sure..

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News Network
April 23,2020

Bengaluru, Apr 23: Nine new COVID-19 positive cases have been reported in Karnataka in the last 24 hours.

Out of these nine coronavirus positive cases, five have been reported from Kalaburagi and two each from Mysuru and Bengaluru.

According to the government of Karnataka, the total number of positive cases in the State now stands at 427 including 131 cured or discharged cases and 17 deaths.

The total number of positive coronavirus cases across the country are 19,984, including 15,474 active cases of the virus. So far, 3,869 patients have either been cured or discharged while 640 deaths have been recorded in the country, as per data provided by the Union Ministry of Health and Family Welfare.

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News Network
May 20,2020

Bengaluru, May 20: Karnataka State Road Transport Corporation (KSRTC) had to confront an unprecedented situation as there was a commotion at bus stands in various parts of the state due to the mad rush of passengers.

Deputy Chief Minister Laxman Savadi, who is in charge of the transport department, admitted that there were some shortcomings in the arrangements. He, however, was confident that things would improve from Wednesday.

As against the dearth of passengers in the bus stands in Bengaluru a day ago, Wednesday witnessed an overwhelming crowd blaming BMTC authorities for not providing enough buses for all the destinations on time.

Some of the employees who were asked to report to duty before certain time were facing difficulty in reaching the office in the absence of bus despite having daily pass and arriving at the stand well in advance.

Authorities were finding it difficult to convince the public as a bus could ferry only 35 passengers at a time which was way less than the demand.

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News Network
January 11,2020

Bengaluru, Jan 11: India’s second-biggest IT company, Infosys Ltd, said it found no evidence of financial misconduct by its executives following a investigation into whistleblower complaints.

Bengaluru-headquartered Infosys, which earlier on Friday raised its revenue forecasts due to upbeat demand from Western clients, said an audit committee report exonerated Chief Executive Officer Salil Parekh and Chief Financial Officer Nilanjan Roy of all allegations, including accusations that the duo prevented employees from presenting data on large deals.

“I’m very happy that CEO Salil Parekh and CFO Nilanjan Roy have emerged from this stronger,” Infosys Chairman Nandan Nilekani told reporters. “The last two years since Salil has been here the company has changed dramatically for the better.”

Parekh took over as Infosys CEO in January 2018, after his predecessor Vishal Sikka quit following a public row with the company’s founder executives amid whistleblower allegations of wrongdoing.

The company earlier said it expected revenue to grow between 10 per cent and 10.5 per cent on a constant currency basis in the year ending March 2020, compared with its previous forecast of between 9 per cent and 10 per cent.

“We continue to see momentum in the market and we have an extremely robust pipeline driven by segment leaders,” CEO Parekh told a news conference.

“With the strength of large deal wins and digital momentum, we were able to clearly see that we have support to raise our guidance.”

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