Bengaluru resonates with #IAmGauri as protesters throng Central College grounds

coastaldigest.com news network
September 12, 2017

Bengaluru, Sept 12: Thousands of fans of slain journalist-activist Gauri Lankesh including progressive thinkers, writers and rights activists came together on Tuesday to protest the coldblooded murder of one of the most fearless journalists the country has ever produced.

Sporting black badges that read - #IAmGauri - the protesters took out a rally from the Sangolli Rayanna Railway Station to the Central College grounds, where a protest meeting was held. Over 300 policemen were deployed in and around the Central College.

Choking with emotion, Gauri’s mother Indira Lankesh said: “She [Gauri] fought with every fibre of her body. For me, all of you are my Gauris.”

Social activist Teesta Setalvad recalled her association with Gauri. “Though we are of the same age, she called me her little sister, as I had a lot to learn from her. The only thing bearable in the death is the support that has come now. We can't let cohesion resistance go in vain,” she said.

She also said Gauri believed that the youth were the real opposition. “She had a rational outlook and believed in the freedom of questioning. No majoritarian fascist can take it away from us. We can't afford to be sectarian under individual flags. We can't let the death go in vain.”

Chandrashekar Patil, writer, read out a poem as a tribute to Gauri. “A few years ago, I was Dabholkar... then, Pansare. And, two years ago, when my classmate, colleague and comrade M.M. Kalburgi was assassinated, I became Kalburgi. Now, I’m Gauri,” he said.

CPI (M) leader Sitaram Yechury said, “I'm here as a foot soldier of Indian democracy and idea of India. It isn't abstract. It's concrete and alive. It can coexist only if there is opportunity to discuss and debate without bullets to kill. That's the spirit to kill caste, religious minorities. The battle of ideas is the idea of India. My India doesn't remain if it is killed through bullets.”

He added that the country had lost a person who disagreed verbally, who was an active participant and who never eliminated ideas.

“What has happened with Gauri is unacceptable and is not an isolated incident. We're here because we're now realising that we are in the path of a movement where those in authority and power are creating a totalitarian state. It is the antithesis of India,” he said.

While referring to the RSS and the BJP filing cases, he said that one cannot be cowed down. “Remember, Mahatma Gandhi was a victim of the Hindu Rashtra and those against diversity.”

Acclaimed Kannada writer and Dalit activist Devanur Mahadeva said that when India got Independence, there were dreams of an ideal Indian society, of how it should be in the future. “What has happened now? Our mentality is going backwards. The dream has become a nightmare. Now, the majority is ‘Indianness’. And Kalburgi, Gauri are being killed as the majority marches on.”

It is not just intellectuals, even religious heads are facing threats, claimed Shivamurthy Swamiji of Chitradurga Muruga Mutt.

Narmada Bachao Andolan leader Medha Patkar said that the coming together of so many voices on one stage was reason for optimism. “Those who want to crush, not just the Constitution, but aspirations of equality are in power today,” she remarked.

A special edition of Gauri Lankesh weekly was released. The protest meeting is likely to go on till evening.


Comments

Rameez
 - 
Tuesday, 12 Sep 2017

Good gather. Good to see pfi and sdpi

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News Network
March 10,2020

Mar 10: Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.

The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to No. 2 on the list of Asia’s richest people, according to the Bloomberg Billionaires Index. Ma, the Alibaba Group Holding Ltd. founder who relinquished the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani.

Oil plunged the most in 29 years on Monday as Saudi Arabia and Russia vowed to pump more in a struggle for market share. The slump comes just as the coronavirus is spurring the first decline in demand in more than a decade. That raises questions about whether Ambani’s flagship Reliance Industries Ltd. will be able to cut net debt to zero by early 2021, as he has pledged. The plan hinges on a proposal to sell a stake in the group’s oil and petrochemicals division to Saudi Arabian Oil Co., the world’s biggest crude producer.

While the coronavirus has curtailed some of tech giant Alibaba’s businesses, the damage has been mitigated by increased demand for its cloud computing services and mobile apps.

Reliance Industries, by comparison, has no such silver lining. The Indian conglomerate’s shares plunged 12% on Monday, the most since 2009, extending this year’s decline to 26%. Alibaba’s American depositary receipts have slipped 6.8% so far in 2020.

Ma reclaims crown after Reliance shares were pummeled in 2020.

Few of the world’s billionaires fared well in Monday’s collapse as the S&P 500 Index and Dow Jones Industrial Average each plunged more than 7.5%, the most since the 2008 financial crisis, threatening to end the longest bull market in history. But no one did worse than those whose fortunes are underpinned by oil. Wildcatter Harold Hamm’s fortune was cut almost in half to $2.4 billion and fellow oil magnate Jeff Hildebrand lost $3 billion, bumping both from Bloomberg’s 500-member wealth ranking.

In a pivot toward new businesses such as telecommunications, technology and retail, Ambani’s Reliance Industries has piled on billions of dollars of debt over the years.

It spent almost $50 billion -- most of it funded by borrowings -- to build Reliance Jio Infocomm Ltd., which became India’s No. 1 wireless carrier within about three years of its debut. As the mobile venture took off, Ambani also unveiled plans for an e-commerce empire to rival Amazon.com Inc. in India.

Addressing concerns over the liabilities, Ambani pledged in August to cut the group’s net debt to zero from about $21 billion as of last March. The Aramco deal is crucial to that plan for which Reliance Industries has valued its oil-to-chemicals division at $75 billion including debt, implying a $15 billion valuation for the 20% stake that’s for sale.

Signs of a potential delay to that deal unnerved some investors, hammering the stock since it touched a record high on Dec. 19.

Reliance Industries expected the Aramco transaction to be completed by March, but people familiar with the matter said in February that talks were still ongoing to bridge differences between the two parties over the deal’s structure.

Adding to the uncertainty, Indian Prime Minister Narendra Modi’s administration has petitioned a court to halt the proposed stake sale, threatening a key source of funds needed to pare net debt.

But Ambani, 62, may soon bounce back from the setback, said Harish H.V., managing partner at ECube Investment Advisors in Bengaluru, India.

“The game isn’t over,” he said. “Ambani has successfully built a robust business model which would keep him in the game. Moreover, his telecom business will start yielding results in coming years.”

Comments

SmR
 - 
Tuesday, 10 Mar 2020

The curses of the bank depositors savings which vanished with collapsing economy and fraudlent seems to have gradully affecting riches of Ambani's.

 

AU
 - 
Tuesday, 10 Mar 2020

in Holy Quran Allah says; but they plan and Allah plans, and Allah is the best planners..(Surah Al Anfal 8:30)

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News Network
May 31,2020

Bengaluru, May 31: In spite of opposition, chief minister BS Yediyurappa has appointed his former personal assistant and maternal grandnephew NR Santosh as his political secretary.

Santosh is the fourth political secretary to the CM besides SR Vishwanath, MP Renukacharya and Shankaranna Munavalli. 

Santosh was arrested for allegedly trying to kidnap Vinay NS, personal assistant of BJP leader KS Eshwarappa in 2017. He's also facing attempt to murder and dowry harassment charges.

The 30-year-old had fallen out with the CM's younger son BY Vijayendra soon after the BJP came to power and had been reportedly asked to keep away from him. He had identified with some MLAs who were up against the CM.

It's said the appointment was made to send out a message to the rivals after some MLAs launched a renewed campaign against Yediyurappa over a dinner meeting at BJP MLA Umesh V Katti's house. 

Though Yediyurappa was not keen, sources said Santosh brought pressure from RSS and some BJP leaders, whose help he had sought to reunite with the family. 

Santosh from Tumakuru is the son of the CM's sister's daughter. He was Yediyurappa's Man Friday and his job was confined to ensuring he took his medicines on time.

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coastaldigest.com news network
July 7,2020

Bengaluru, Jul 7: Vasudeva Maiya, former CEO of Sri Guru Raghavendra Co-operative Bank, was found dead in his car in Bengaluru on July 6.

The Subramanyapura police have begun an investigation into Vasudeva Maiya's death.  Source said that he committed suicide. He was a native of Kota in Udupi district.

The car was found parked a little away from Maiya's house at around 6.30 pm on July 6.

The Reserve Bank of India (RBI) had in January imposed restrictions on Sri Guru Raghavendra Co-operative Bank and limited withdrawals to Rs 35,000 by customers.

On June 18, Anti-Corruption Bureau (ACB) raided five offices of Sri Guru Raghavendra Co-operative Bank, in relation to alleged misappropriation of Rs 1,400 crore.

The RBI, Enforcement Directorate, Criminal Investigation Department, and Registrar of Cooperative Societies are looking into the financial irregularities at the lender.

The police also conducted searches at residences of Maiya and the bank's chairman K Ramakrishna in relation to the above mentioned case, sources said.

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