This NRI business tycoon in Dubai buys number plate for Rs 60 crore!

October 9, 2016

Dubai, Oct 9: Balwinder Sahani, an Indian business tycoon in Dubai bought the most coveted number plate D5 for Dh33 million (around Rs 60 crore) at the Roads and Transport Authority's number plate auction on Saturday.

Balwinder-SahaniSahani, also known as Abu Sabah, is the owner of RSG International, a property management company, with interests in the UAE, Kuwait, India and the United States.

"I like collecting unique number plates and I am proud to have got this number. I like number nine and D5 adds up to nine, so I went for it," said Sahani.

He said that last year he bought the number O9 for Dh25m.

"I have collected 10 number plates so far and I am looking forward to having more. It's a passion. This number will go to one of my Rolls Royces," he added.

The number generated great interest among the participants with the bid starting at Dh20 million.

The spectators seemed to have enjoyed every bit of the tense battle, cheering every move of the bidders.

More than 300 bidders participated at the live auction which takes place every two months, witnessing fierce battle between bidders for some numbers.

80 unique numbers were on offer on Saturday ranging from one two five digits.

"This is easily the biggest auction we have seen so far. The hall is packed with participants as well as those who have come to learn the trade and enjoy," said, Ahmad Hashim Behroozian, CEO of RTA's Licensing Agency.

He said that the number D5 has been the biggest draw in the RTA's auction history, with many VIPs participating.

"We usually have a lot of plate traders participating. Plate trading is big a business and a lot of people are making good money out of it. We also organise special auctions for traders and issue permits for plate trading," he said.

Apart from live auctions, RTA organises online plate auctions every month.

RTA also sells distinguished number plates for fixed prices and he said that the auctions help set the price.

He said, apart from helping people make money, auctions help generate revenue for RTA's never ending infrastructure projects.

The other number plate that attracted big money was Q77 which was bought by an Emirati bidder for Dh4.52 million.

A few other numbers bagged more than a million including P27 that went for Dh2.14m and R7777 went for 1.17m.

In June this year, Emirati businessman Arif Al Zarooni, bought Number 1 plate for Dh18 million in Sharjah.

In 2008, another Emirati businessman Saeed Al Khouri payed Dh52.2m for Number 1 licence plate in Abu Dhabi, which so far holds the record for the costliest number plate in the UAE.

Comments

Satyameva jayate
 - 
Monday, 10 Oct 2016

Where are the fools who comment on fake Muslim food and money wasting news.....now what

Ahmrd
 - 
Monday, 10 Oct 2016

Shame on such crazy fools. No doubt it is his own hard earned money. But this is Not the way to spend. Defenitely Not the way. It is Wasting the money. Why dont they spend on poor people. Pay hospital bills, make free schools, improve conditions in slum areas. There is alot to do than Just buying number plate for ?60 Cr.

Zubair Katipalla
 - 
Sunday, 9 Oct 2016

Stupid Person....

This number will go to one of my Rolls Royces.!!!.. could you give us your number of RRs..

DOST
 - 
Sunday, 9 Oct 2016

IF HE IS HELP TO POOR PEOPLE, HE WILL GET 120 CRORE WITH IN 1 YEAR FROM ALLAH.

GARIBON KA DUA LELO.

shaji
 - 
Sunday, 9 Oct 2016

Dear Kairali, nothing to be shocked. this is what happening in the world. There is saying \har badi machli choti machli ko khati hai\". None can be so rich one of a sudden withut cheating. this person is avoiding benefits for his own emplohyees and busy in gathering money which he will take to his grave after death or might ask to burn it along with his body. You will find very few people who have become rich honestly. Most of the rich people are cheater / decoits. The recent and famous example is Devil Mallya. this person has cheated indians by billions of dollars and enjoying lavish life in UK. No need to say that he managed to escape to UK with help from the govt officials. Though he is telling that he will come back to india, i am sure he will never. Dear Kairali, please dont be frustrated. None is going to live here for ever. Everyl living thing has to taste death/end. History has seen rich people thousabnd time bigger that Mallya / Ambani / Sahani. but they left the world with their hands spreaded. Nepolian, the great warrior, had advised his people to take his dead body in procession with his hands uncovered to show that he was leavign the world with empty hands. God is great. Have trust in him. Money is not everything. God bless you with right way of thinking."

Well Wisher
 - 
Sunday, 9 Oct 2016

Shame to this type of fools. People are loosing their life just because of loans, food & poverty & such fools does not know how to spend money in good cause. Ashamed to say he is an Indian. Such goons are to be banned to India. Non sense.

Rikaz
 - 
Sunday, 9 Oct 2016

Crazy.....could have used it for some other beneficial purpose......

Kairali
 - 
Sunday, 9 Oct 2016

Am shocked. His company had asked me to leave the job for demanding around Rs 20k hike.

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News Network
April 19,2020

Mangaluru, Apr 19: In order to boost the Coast Guard's (CG) surveillance and reconnaissance capabilities on the country's west coast in Karnataka, CG OPV Varaha and CG Dornier 785 ex Kochi were pressed to service to undertake extensive surveillance.

"Both seawards and aerial surveillance of Karnataka coast line will be undertaken from Sunday," said S Babu Venkatesh, Commander, Coast Guard, Karnataka. The surveillance will be an air-sea coordinated operation.

The Coast Guard ships and aircraft maintained extensive search in the area for intercepting any suspect vessel. Indian Coast Guard ships classified various contacts in the area and kept them under constant surveillance.

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News Network
May 8,2020

Bengaluru, May 8: Karnataka Chief Minister B S Yediyurappa said his government is clear in its stand on extending every possible help to the farmers. The Chief Minister spoke to the farmer-leaders of the state, who wanted their concerns to be heard and addressed, with regard to the problems the agrarian community has been facing in the wake of the COVID-19 lockdown.

"We will soon make our position clear on supporting the farmers. We will not allow any hindrance to come in the way of agriculture activities," Yediyurappa told the farmer- leaders.

The Chief Minister told the delegation that the pre-monsoon activities are in full swing in the state.

The government has also set up help centres and been providing agriculture equipment on rent, the Chief Minister said. In most of the places, at least 80 per cent of the standing crops have been harvested.

Arrangements have been made to bring equipment from neighbouring states to harvest the standing crop, he said.

Yediyurappa said fertilisers and seeds are available in abundance in the state.

He informed the farmer-leaders about the arrangements made to transport flowers, vegetables and fruits to other states.

Similarly, the market has been developed for the farmers to sell their products, said the Chief Minister.

He said the government is working out a compensation for farmers who lost their crops due to hailstorm in Raichur, Koppal and Ballari. Agriculture Minister B C Patil, Horticulture Minister Narayana Gowda, Revenue Minister R Ashoka, Chief Secretary T M Vijay Bhaskar and Development Commissioner Vandita Sharma were also present in the meeting.

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News Network
June 12,2020

Bengaluru, Jun 12: The Karnataka government is mulling to issue caste and income certificates to Brahmins though they are in a minority, accounting a mere three per cent of the southern state''s seven crore population, an official said on Thursday.

"Though Brahmins are in a ''minority'' in terms of their population across the state, they need caste and income certificates to benefit from the welfare schemes as in the case of the SC, ST and OBC groups," an official said here.

The Karnataka State Brahmin Development Board was set up in March 2019 as a state-run company with Rs five crore authorized capital and Rs five crore equity and is registered with the Registrar of Companies.

"The Board has petitioned the state government to implement the 10 per cent quota for the economically weaker sections, as its benefit is being given by the central government jobs and in admissions to the national educational institutions," said its chairman H.S. Sachidananda Murthy.

Responding to the demand, state Chief Minister B.S. Yediyurappa said the state government would consider issuing caste certificates to the Brahmins so that they too can benefit from the state''s various welfare schemes.

"Though Brahmins belong to the forward community, they are economically weaker and need financial support," said Yediyurappa on Wednesday after unveiling the Board''s official website for all its stakeholders here.

Brahmins whose gross annual family income is less than Rs eight lakh per annum will be eligible for the benefit schemes.

"The Board will soon be authorised to issue caste and income certificates to the members of the Brahmin community so that they can also benefit from the schemes," said the chief minister on the occasion.

Noting that every community has people who are forward and backward economically for various, including historical reasons, Yediyurappa said the Board would be empowered to serve the Brahmins.

"The Board also proposes to provide interest-free loans to the financially weaker sections of the people in the Brahmin community," added Murthy.

The community members urged the Chief Minister to provide 10 per cent of the state government jobs and seats in state-run educational institutions, including professional collages.

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