Thumbay Moideen among five eminent Aloysian alumni award winners

[email protected] (CD Network)
March 15, 2016

Mangaluru, Mar 15: St Aloysius College Management and St Aloysius College Alumni Association (SACAA) will jointly organize The Eminent Aloysian Alumni Award 2016' on 19 March 2016 at 5.30 p.m. at Fr L.F. Rasquinha Hall, LCRI Block of the college here.

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This award is for those alumni who have excelled in their respective fields and have made a significant contribution to the society. The award ceremony is held biannually to the selected persons.

Mr Thumbay Moideen, the founder of UAE based Thumbay group will deliver the conclave address on this special day. Rev Fr Swebert D'Silva S J. will give the felicitation speech. Rev Fr Denzil Lobo S.J., Rector of St Aloysius Institutions will preside over the function. Mr Michael D'Souza is the convener of the programme.

This year the jury has selected five eminent aloysians for this prestigious award. Their details and their contribution to the society are given below:

Prof. B.S Raman

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Prof. B. S. Raman is popular as the author of the best selling reference books in Commerce and Management. He served St Aloysius College, Mangalore for 35 years as Lecturer of Commerce and has mesmerized thousands of aspiring commerce and management graduates with his mastery over the subject. Today he is a household name having authored more than 100 books in Commerce and Management. He was instrumental in establishing the Business Management Department, Teachers Credit Cooperative Society and the Staff Association at St Aloysius College.

Dr K.P Rao

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Dr.K P Rao is a recipient of the prestigious Nadoja' award for his contributions towards the development of software to use Kannada language on computers. He has served as Scientific Officer, Atomic Energy Establishment Trombay, (BARC) and has taught a bewildering variety of subjects at MIT, MIC Manipal, IIT Bombay and IIT Guwahati. He is a contributor to the Free Software Foundation, Sourceforge, Wikipedia and Youtube in Language, Linguistics and Paleography. He has acquired the title Lipi Brahma' for his contribution of fonts for local language scripts.

Mr Thumbay Moideen

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Mr Thumbay Moideen is the founder of the Thumbay Group at UAE. He established the Gulf Medical University in UAE. In a span of 16 years he has established himself as a successful entrepreneur and set up various business operations in 13 sectors including hospitals, medical centres, diagnostic centres, health clubs, pharmacies, retail outlets, coffee shops and nutrition stores. He featured in the list of The Top Indian Leaders in the Arab World' by Forbes Middle East Magazine in 2014 & 2015.

Dr K Ullas Karanth

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One of the world's foremost authorities on tigers, Dr. Ullas Karanth is a senior conservation scientist and Director of the US- based Wildlife Conservation Society - India Program. Dr Karanth is currently rendering his service at the Nagarhole National Park, India. For his outstanding contributions to Wildlife Conservation and Environment Protection he was conferred the prestigious Padma Shri Award and Karnataka Rajyothsava Award. His scientific papers, articles and books have been widely acclaimed. Dr. K. Ullas Karanth is the Son of the distinguished Kannada writer, Shivaram Karanth.

Mr Walter D'Souza

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Mr. Walter D'Souza, a Mangalore based exporter is the Managing Partner of M/s Fernandes Brothers, one of the leading exporter of cashew and an Export House recognized by Ministry of Commerce, Government of India. He is the Chairman of the Federation of Indian Export Organizations (FIEO) Southern Region. He also served as the President of Karnataka Cashew Manufacturers Association. He was responsible for setting up a state of the art National R&D Centre for Cashew.

Comments

Prof.M.Abubake…
 - 
Wednesday, 16 Mar 2016

The Destiny of Hard work is always SUCCESS. I wish you all a hearty Congratulations on this pleasant occasion. May your life always shower you all with such happy and successful moments. A special Congratulation to our beloved Thumbay Moideen Sir and my beloved Professor B.S.Raman Sir.

Aloysius
 - 
Tuesday, 15 Mar 2016

we are greatful to award u. really great work done by you all,

Thumbay Moideen
 - 
Tuesday, 15 Mar 2016

Thumbay Moideen is great personality of our mangalore, congratulation for the award sir,

Moiseen ahmed
 - 
Tuesday, 15 Mar 2016

A big congratulations to all the award winners!

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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
February 26,2020

Mangaluru, Feb 26: Customs officials at Mangalore International Airport on Wednesday arrested a man for trying to smuggle gold worth over Rs 26 lakh by concealing it in his rectum.

The accused has been identified as Moideen Arzan, a resident of Uppala, Kasaragod.

According to police, he arrived from Dubai by an Air India flight and was attempting to smuggle the gold which he had converted in the form of paste and concealed in rubber capsules inside his rectum.

Comments

Azmath
 - 
Thursday, 27 Feb 2020

"Get rich quick and by any means syndrome"
Those Economy Saboteurs/ Smugglers are very Desperate People whose means of livelihood depends Solely on their Criminal Activities. 

 

WHAT is driving these people so crazily into CRIMINALITY?!

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News Network
March 7,2020

Mysuru, Mar 7: Former minister and senior Congress leader and sitting MLA Tanveer Sait has shot off a letter to state Home Minister Basavaraj Bommai expressing his dissatisfaction over the slow progress in the investigations regarding the attack on him.

In the letter, which he released to the press on Saturday, he claimed that although the police have already arrested the culprit, but it is yet to find the real masterminds, leaders or organisation behind the attack.

Mr Sait urged the Home Minister to request the police to speed up their investigation and solve the case at the earliest and give him justice.

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