Bearys Chamber of Commerce & Industry formally inaugurated

December 10, 2016

Mangaluru, Dec 10: Bearys Chamber of Commerce & Industry (BCCI), a newly formed NGO that intends to create a network between businessmen across communities and countries, was ceremonially inaugurated in the city on Friday.

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B Ramanath Rai, Minister for Forest, Ecology & Environment and D.K. District in-charge, who symbolically inaugurated the elite body in the presence of a galaxy of dignitaries from the Beary community at Hotel Ocean Pearl, said that the formation of BCCI was need of the hour.

Hailing the contribution of Beary community towards the growth of business in Mangaluru and other parts of coastal Karnataka, Mr Rai said that bringing the prominent entrepreneurs of the community under one platform is a commendable move.

In his welcome address, Haji S.M. Rasheed, the founder president of BCCI, said that the non-Bearys such as Malayalis, Urdu speaking community and Navayatis also can obtain membership of the body.

The ultimate goal of the BCCI is overall development of the community and thereby contributing to the growth of the nation, he said adding that a year-long deliberation and discussion were held among entrepreneurs of the community before giving a final shape to the body.

He said that the BCCI is ready to give its membership to young entrepreneurs of the community and provide guidance. Formation of an interest-free bank is also being considered by the BCCI, he said.

Delivering the keynote address, Umar Teekay, managing director of Teekays Interior Solution Pvt. Ltd., Bengaluru, hoped that BCCI would worlk towards the overall development of the community.

He said that the Beary community should march towards development along with the support of other communities and keeping the interest of the country in mind. He said that the co-operation and unity will result in progress of the society.

Yenepoya Abdulla Kunhi, Chancellor, Yenepoya University, Mangaluru will preside over. Muhammad Imthiyaz, General Secretary of BCCI, delivered introductory remarks.

On the same occasion, Abdul Ravoof Puthige, the proprietor of Vishwas Bawa builders and founder of Talent Research Foundation, who recently bagged district level Rajyotsava award, was given a warm felicitation.

U T Khader, Minister for Food and Civl Supplies, J R Lobo, MLA, Mangaluru South, B A Mohiuddin Bava, MLA, Mangaluru North, Ivan D'Souza, chief whip of Legislative Council, Syed Abdul Khadar (Bashu), Managing Director of the Green Valley National School & PU College, Zakariya Jokatte of Muzain group, K S Mohammed Masood of Muslim Central Committee, Jeevan Saldanha, President, Kanara Chamber of Commerce & Industry, were present among others.

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Comments

Hearty Congratulations SM Rasheed Haji on this Excellent initiative. This will be a Historical move towards bringing all the entrepreneurs of the region and community under one platform for overall growth, development and inspiration for all.
Also wishing all its members a very best of luck in achieving this goal.

Hearty congratulations SM Rasheed Haji on your great initiative. Your contribution towards the welfare of the society is commendable. May Almighty Allah bless you with all the good health and success. Also wishing all its members the same.

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Embattled tycoon B R Shetty now holds employees responsible for NMC fraud

coastaldigest.com news network

April 30,2020

Newsroom, Apr 30: Beleaguered billionaire B R Shetty, who went into hiding after after a multi-billion fraud at UAE-based NMC Health came to light, has now put the blame on his companies employees.

The former chairman of the Abu Dhabi headquartered hospital operator said, investigations he commissioned found following things:

1. The fraudulent creation and operating of bank accounts in my name including many fraudulent transfers that I neither authorised, consented to, or had any knowledge of.

2. The fraudulent creation of loans, personal guarantees, cheques and bank transfers in my name, and using my forged signature, that I neither authorised, consented to, or had any knowledge of.

3. The creation and set-up of companies in my name that I neither authorised, consented to, or had any knowledge of, and that were seemingly created with the express intention to commit or conceal fraud.

4. The fraudulent creation of powers of attorney, and the misuse of existing powers of attorney, again in my name, that I that I neither authorised, consented to, or had any knowledge of.

5. The creation and provision to me of false and misleading financial statements and information regarding the performance of some of my private companies and investments by members of my own management team.

6. The payments of expenses using my private companies and personal bank accounts, I believe to hide the true financials of the public companies."

This is the first time Dr. Shetty, who is reportedly hiding in India for the last couple of months, issued a statement based on investigations he commissioned privately. He had brought in a consultancy to conduct it after initial revelations came to light that NMC Health had not been fully transparent with its finances.

Dr. Shetty had stepped down as executive chairman after the then Board of Directors barred him from attending any meetings. “I intend to work tirelessly to clear my name and assist any authorities in getting to the truth and help them ensure that misappropriated or missing funds are returned by the perpetrators to their rightful owners,” said Dr. Shetty.

This month, ADCB, which has the highest exposure among UAE banks to NMC Health, brought charges against five former officials, including ex-board of directors, with Abu Dhabi prosecution. The former CEOs of NMC Health and Finablr are also currently not in the UAE.

Comments

Can he explain give few wordd about Daniel Varghese the founder of UAE exchange.

Who is the person shattered his fate .

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Karnataka Health Minister Sriramulu tests positive for covid-19

News Network

August 9,2020

Bengaluru, Aug 9: karnataka's Health Minister B Sriramulu has tested positive for the novel coronavirus. He has been hospitalised and is being treated for Covid-19. The minister has also asked all of those who came in contact with him recently to take necessary precautions.

Sriramulu made the announcement in a series of tweets on Sunday. He said, “After symptoms of flu, I have tested positive for coronavirus today.”

“Under the leadership of Honorable Chief Minister (BS Yediyurappa), all the departments of the government, including my department, have been working hard against Covid-19. From the time of corona's appearance, I have had the opportunity to visit 30 districts and work in harmony with the government's desire to treat people well. It is in this backdrop that I am going to be hospitalized and treated,” B Sriramulu said.

Karnataka’s Health Minister also added, “All those who have been in contact with me recently have been requested to take precautionary measures.”

Earlier this month, Karnataka Chief Minister BS Yediyurappa also tested positive for Covid-19. The state's Leader of Opposition and former CM Siddaramaiah of the Congress also declared that his samples too had returned positive for the infection. Both of the leaders are undergoing treatment for Covid-19 at the privately-owned Manipal hospital in Bengaluru.

According to the Ministry of Health and Family Welfare (MoHFW), Karnataka has 79,773 active cases while a total of 89,238 patients have been discharged in the state after recovering from Covid-19 and 3091 have succumbed to it.

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News about seal down in Mangaluru is fake: Police chief

News Network

April 26,2020

Mangaluru, Apr 26: City Police Commissioner P S Harsha on Sunday said that the news about the implementation of seal down in some wards of Mangaluru city is fake and urged the public not to pay any heed to it.

Taking to twitter, Mr Harsha wrote, ''Some miscreants are floating some old speculative…TV news reports of seal down in some wards of Mangaluru city. It’s fake news.....Don’t Heed to fake news.''

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