BJP’s Hindutva is dividing society; will never join hands with it: HDK

Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."

Jan 31: A bunch of fishermen in Kerala is being praised for releasing an endangered shark back into water. A video posted on Twitter shows the fishermen releasing the whale shark that was trapped in their nets back into the sea.

The video was posted on Twitter by InSeason Fish - a group working towards environmental conservation, sustainable fisheries and healthy oceans. Filmed in Kerala's Kozhikode, it shows fishermen on a fishing vessel with the huge whale shark.

Whale sharks are the largest fish in the ocean and can reach up to 40 feet in length. Distinguished by their white spots, this shark is on International Union for Conservation of Nature's list of endangered species.

In the video, at least seven fishermen are seen working together to lift the thrashing whale shark up with the help of ropes and releasing it into the water.

Watch the video below:

Fishermen from Kozhikode, #Kerala release an Endangered #WhaleShark. Respect! We should celebrate their actions. Please RT! Make them Heroes!@dhanyarajendran @Advaidism @jamewils @vivek4wild @wti_org_india @BittuSahgal @SanctuaryAsia @SwatiWild @GargiRawat @bahardutt @rickykej pic.twitter.com/uRz9eqPgG9

— InSeason Fish (@InSeasonFish) January 28, 2020

Kalaburagi, Feb 16: Fourteen years of life in jail has not deterred Subhash Patil from fulfilling his dream of becoming a doctor.

The 40-year-old man from Afzalpura in Karnataka's Kalaburagi was put behind bars in a murder case while doing MBBS in 1997.

Speaking to media, Patil said, "I joined MBBS in 1997. But, I was jailed in a murder case in 2002. I worked at the jail's OPD and was released in 2016 for good conduct. I completed my MBBS in 2019."

Earlier this month, Patil completed a one-year mandatory internship for getting the MBBS course degree.

Police arrested Patil in 2002 in a murder case when he was in his third year of MBBS course. A court sentenced him to life imprisonment in 2006.

He was put behind bars but he did not give up his childhood dream of becoming a doctor.

In 2016, police released Patil on Independence day for his good conduct.