Muzaffarnagar, Dec 7: Jumping the queue in times of demonetisation may land you in jail. A man in the district found this out after he was arrested for trying to enter an SBI ATM in civil lines area here out of turn.
Police said there was a long queue outside the ATM last evening. Some people jumped the queue and tried to enter the kiosk.
An altercation ensued and police were called in, following which Wasim (25) was arrested and sent to jail.
Bengaluru, Mar 15: The week-long ban imposed by the Karnataka Government from Saturday is yet to get a total response in the State to fight against the spread of killer disease Coronavirus (COVID-19).
The ban has witnessed a considerable reduction in the travelling public by Bus and train. Bus terminal and Railway stations wore desert look or only a very few public travelling. KSRTC, which was maintaining service for every 10 minutes once between the State Capital and to City of Palaces, was forced to cancel most of the service due to very little patronage.
"We were left with no option but to cancel the fleet since there are no passengers," sources at the KSRTC Bus terminal told media persons.
Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.
In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.
Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.
"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.
With an average of $21 million, the ticket size value of funding increased by 15% in 2019.
Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.
"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.
According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.
"Nevertheless, the investment activity is expected to rise in 2021," said the report.
The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.
With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.
The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.
The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.
Tumakuru, Mar 1: A leopard killed 30-month-old kid when she was playing outside her home in Baichnehalli village in Hebbur Hobli in Tumakuru district, police said on Sunday.
Police said that the deceased has been identified as Chandana. The incident happened on Saturday evening.
Forest and police officials visited the spot. A case has been registered in this connection.
Karnataka Minister for Forest Ananda Singh issued a shoot at sight order for the leopard which killed a 30-month-old boy while playing in front of his house on Sunday.
Speaking to newsmen after visiting the Bichenahalli where the kid was killed, he said that the operation will begin on Monday. The kid was dragged by the leopard and killed Saturday night.
Earlier also the same leopard had killed five-year-old child in the district, he added.
Comments
This is a tragedy, did he deserve for this arrest and also did everyone of those standing on line deserve to stand over there. This is all because of disorganized way of demonitization program....the PM will suffer for it....last time his mother just went up to cashier and encashed her money....hypocrisy.....
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