I-T raids continue at D K Shivakumar’s properties; over 40 locations searched

News Network
August 3, 2017

Bengaluru, Aug 3: Income Tax department officials continued for the second day on Thursday their raids on properties linked to Karnataka energy minister DK Shivakumar, who is in charge of hosting Congress MLAs from Gujarat shifted outside to avoid a break in their ranks.

Officials said in Karnataka alone 39 locations were being searched, in addition to some in Chennai and Delhi. Media reports identified the Delhi properties to be located in Safdarjung and RK Puram.

According to sources, cash was recovered since the searches began at 7am on Wednesday, but there was no indication of the value. The department has not officially confirmed if it retrieved cash.

The raids on Shivakumar escalated into a political confrontation between his Congress party and the Bharatiya Janata Party. The Congress raised the issue in parliament, forcing multiple adjournments in the upper house, and the BJP of carrying out “an unprecedented witch-hunt”.

The Congress legislators taken to Karnataka are crucial for the party’s prospects in a close Rajya Sabha election scheduled next week in which Ahmed Patel, the political secretary to party president Sonia Gandhi, is seeking re-election.

The party saw a string of defections from its Gujarat cadre, prompting it to accuse the BJP of using money and muscle power to gain an advantage in the RS polls.

The raids on Shivakumar triggered protests by Congress members. On Wednesday, youth Congress leaders protested near Shivakumar’s residence in Bengaluru and outside the I-T office in Mangaluru.

Senior Congress leaders in the state were quick to condemn the raids, especially the use of paramilitary forces at the residence of the minister.

“I-T raids targeting energy minister D K Shivakumar is completely politically motivated and central government’s role behind it is well known,” chief minister Siddaramaiah said in a statement. He said, “It is not right on the part of central government to use I-T department for its political conspiracies. We will not bow down to such intimidation.”

Comments

Sandesh
 - 
Thursday, 3 Aug 2017

why the IT team is not raiding Adani & patanjali group ?

Gopal
 - 
Thursday, 3 Aug 2017

BJP is turning India into a dictatorial regime. When BJP can't horse trade MLAs,
let's raid where they are staying.

Truth
 - 
Thursday, 3 Aug 2017

I am surprised that there is no mention in the article about the huge cash seized
in the raid.

Anmol
 - 
Thursday, 3 Aug 2017

BJP is using official machinery to serve their political end. People of this country
will teach them a lesson in 2019.

Mohan
 - 
Thursday, 3 Aug 2017

The intention of the BJP is to tarnish the image of the Congress leaders . People
are watching the game and it will be reflected in the election provided the voting
machines are not tampered

Naveen
 - 
Thursday, 3 Aug 2017

This is how Modi the tyrant ran Gujarat with the Govt machinery as his
henchmen. Now he has the intelligence,ED,CBI,NIA,IT to harass those who
oppose him.It is a shame that India has been reduced to a banana republic.

Ganesh
 - 
Thursday, 3 Aug 2017

OK. Can staunch supporters of D K Shivakumar explain how IT found 10 crore
at his residence?

Kumar
 - 
Thursday, 3 Aug 2017

The more the raid on politicians and corrupt the better the common man feels

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coastaldigest.com news network
February 25,2020

The Post Graduate Department of English, St. Agnes College (Autonomous) organized COSMOPOETICA – a Two-Day International Poets Conference, transcending the boundaries of language and bringing together scholars from English, Hindi and Kannada languages. The key-note speaker was Dr Hima Urmila Shetty and the Panel of Experts included Maggie Harris, a Commonwealth short stories award winning poet of Broadstairs, Kent; Dr Kathryn Hummel, a visiting professor at IIT Hyderabad; Prof Raj Rao, acclaimed poet and novelist, former HOD of English, Savithribai Phule University; Lata Chouhan from Bangalore; Vijay Tiwari from Ahmedabad; Dr. Nagaveni Manchi, an acclaimed Poet and Professor, Govt College, Carstreet and Ms. Chandrakala Nandavara, former Principal of Ganapati PU College.

Dr Sr Jeswina A.C., the Principal; Dr Sr Maria Roopa A.C. the Superior and Dr Sr Vinora A.C., graced the occasion.

Dr Geralyn Pinto, the Staff Convenor; Dr Malini Hebbar, the HOD and Ananya Sneha the student Convenor organised the Conference.

The highlight of the Conference was the Poetry Workshop, Slam Poetry Competition in three languages and paper presentations on various aspects of poetry.

Overall the conference drew together poets and academicians to discuss poetry as a genre and practice with ignited minds.

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News Network
March 1,2020

Mangaluru, Mar 1: A youth lost his life in a lift crash at a wedding hall at Kallapu near Thokkottu on the outskirts of the city today. 

The deceased has been identified as Hamzah (30), a resident near Thumbay, who was part of the catering team hired for the marriage ceremony. 

The tragedy occurred at around 2 p.m. when Hamzah was getting ready to bring utensils and other things by lift from the third floor of the hall. All of a sudden, the lift’s ropes came loose and Hamzah lost his balance and got trapped inside.

He was pulled out and rushed to a hospital in Deralakatte, but he breathed his last on the way. He is survived by his wife and three children.

Comments

Mbeary
 - 
Sunday, 1 Mar 2020

Inna lillah.. I think someone with a good computer knowledge under an organisation shud come up with fund raisals so that we can donate in a transparent manner

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Agencies
January 16,2020

Bengaluru, Jan 16: Amping up the online payment experience for consumers, Razorpay, the leading full-stack financial services company, today launched a new product, Instant Refunds for businesses.

This new feature activates refunds and credits the customer's source account across payment methods such as credit card, net banking, and UPI within a minute of initiation.

India is one of the fastest-growing online retail markets today. About 71 per cent of internet users in the country purchase products online. Today, the refund process has two major pain points for both the end customer and the business.

First, a delay of five-seven business days for the customer in receiving the money because of multiple intermediaries like the acquiring bank, issuing bank and the networks (VISA/MasterCard/Rupay).

Second, the lack of transparency during the entire refund process for both the customer and the business. This long cycle of processing refunds is a significant problem with every popular payment method in the industry.

By issuing refunds instantly, Razorpay will help businesses retain their customers, build trust through an improved hassle-free payment experience and provide complete transparency on refunds to both the business and the end-user.

This new feature will also reduce the dependence on manpower as every refund issue on an average leads to ten service emails or calls from customer support teams.

"Instant Refunds are the new normal and central to great customer experience. A lot of consumers fail to use online payment methods as they feel getting refunds through an online platform is a very time-consuming task; hence they prefer CoD as the best alternative. Given the technological advancements being made in the fin-tech ecosystem, its fair for customers to expect refunds as fast as possible. A solution like Instant Refunds will not only help build consumer confidence in digital payments but also reduce losses for e-commerce companies where CoD has become an expensive option with more than 50 per cent online transactions made through cash", said Shashank Kumar, CTO & Co-founder of Razorpay.

"Our Instant Refunds feature ensures that the refund is processed at a 3600x faster pace than the normal expected time of five-seven business days. The team is focused on creating new technologies designed to make the entire payment lifecycle hassle-free. We believe this new feature will make customers experience a notch higher, help brands create a competitive advantage, and even make them more profitable", he added.

Razorpay's growth has been uphill, particularly in the last two years. With a 500 per cent growth in 2019, the company has been witnessing a healthy growth rate of 35 per cent month-on-month.

The company also recently launched its corporate credit cards for its partner businesses, RazorpayX current accounts, support for freelancers and homepreneurs, and acquired Opfin, a payroll and HR management software company.

Currently powering payments for over 800,000 businesses including the likes of Indigo, BSE, Thomas Cook, Reliance, SpiceJet, Aditya Birla, Sony, and Oyo, the team plans to increase this count to 1,400,000 by this year. The full-stack financial solutions company expects a 4x growth in its revenue by the end of the next fiscal year.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article.

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