Hubballi's businessman buys Mallya's 2 luxury cars for mere Rs 1.58 lakh

DHNS
August 28, 2017

Hubballi, Aug 28: Good times have begun for Hubballi's businessman Hanumantha Reddy as he purchased two cars belonging to liquor baron Vijay Mallya, at Rs 1.58 lakh through an online auction. The original cost of those cars were Rs 53 lakh, when Vijay Mallya purchased them years ago.

He paid Rs 40,000 for a 2002 Hyundai Sonata (MH 01 DA 7227), while the 2003 Hyundai Acord 2.4 AT (MH 01 DA 1235) was purchased at Rs one lakh. Remaining amount was paid as taxes.

The two cars were put on online auctioning by United Spirits Company in January after the liquor baron failed to repay the loans taken from various banks. Hanumantha, who has a hobby of collecting second hand cars, bid for the car online purchased it in May. Now they have been delivered to him. While one of the cars came from Bengaluru, the second car was delivered to him from Mumbai.

Both the cars are said to be in good condition, and with news of him purchasing Mallya's car spreading like a wildfire in the city, there has been a demand for those cars now. “People are asking me to resell those cars and they are ready to pay higher price than what I paid for them,” he said.

He said people are ready to pay Rs 2.5 lakh for the Hyundai Sonata, which is golden colour and the second car is currently fetching him Rs 4.5 lakh. However, he has not yet made up his mind to sell these cars.

Comments

Ashish
 - 
Monday, 28 Aug 2017

Ideally the proceeds should go to the banks.

Sukesh shetty
 - 
Monday, 28 Aug 2017

Bidding for his villa is different from bidding for his cars - People will think in a different way to buy a villa if priced low and not even 10 % of the loan can be recovered

Suresh Kamath
 - 
Monday, 28 Aug 2017

When the Owners of such Fleet of Cars is the infamous Mallya how come such demands for Cars at such exorbitant Prices are placed and Villa and other Estate NO ONE is coming ahead to bid ???How come such Money is collected /pocketed by some one other than Banks ??Courts MUST direct such Money collected to repay the outstanding Debts of the Owners and NEVER be pocketed as PRIZE for some other Owner

Nirmal
 - 
Monday, 28 Aug 2017

Hope for better recovery

Mohan
 - 
Monday, 28 Aug 2017

only peanuts compared to what he owes..

Sudeep
 - 
Monday, 28 Aug 2017

Simple... Vijay Mallya needs money to survive... He will auction the cars first.... People buying Mallya''s cars !!!! These will ply on roads only if you put liquor on the fuel tanks....

Pradeep acharya
 - 
Monday, 28 Aug 2017

Rise and heavy fall of a famous-infamous prodigal. Those property become the destructive prosperity for this lustrous man

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News Network
April 21,2020

Bengaluru, Apr 21: Hardline BJP leader and Bengaluru South MP Tejasvi Surya, who had deleted some of his old sexist tweets while contesting for Lok Sabha polls, yesterday deleted deleted his ugly remarks against Arab woman after it went viral and triggered sharp response from  many quarters, including from the Arab world.

In 2015, before Surya became an MP, he had said in a tweet, "95% of Arab women have never had an orgasm in the last few hundred years! Every mother has produced kids as an act of sex and not love. @Tarek Fatah."

The old tweet was picked up some influential members in the Arab community. Many intellectuals and various members of the royal families too have over the past few days condemned the attacks on Muslims in India and called out instances on Islamophobia. They have been highlighting derogatory comments about the Arab community purportedly made by supporters of the ruling BJP. It was then that a few found that even present day recognised leaders like Tejasvi had made similar comments in the past.

As the outrage grew, Tejasvi deleted the old tweet. A lot of BJP supporters on Twitter then started pointing out that Tejasvi Surya had merely quoted Canadian journalist Tareh Fatah, known for his anti-Islam comments. But by then someone had archived the tweet and Tejasvi's response to it in 2015.

In a thread to the same tweet, responding to criticism, Surya had said that these were not his opinion but attributed to Tarek Fatah. He also said that he agrees with Fateh's position that 'Islamofascism was a threat to all civilsations'.

Surya could not be reached for a comment.

However, a source close to Surya, said, "This is a 2015 tweet where Tejasvi Surya was quoting Tarek Fatah from an interview. It is being wrongly attributed to him with malicious intent. The main issue being addressed in the interview was about the barbaric and inhuman practice of genital mutilation of women. If there's any person to comment on it, it has to be Tarek Fatah."

Tejasvi Surya had landed in a similar controversy soon after his nomination as a candidate just ahead of the 2019 Lok Sabha elections.

Surya could not be reached for a comment.

However, a source close to Surya, said, "This is a 2015 tweet where Tejasvi Surya was quoting Tarek Fatah from an interview. It is being wrongly attributed to him with malicious intent. The main issue being addressed in the interview was about the barbaric and inhuman practice of genital mutilation of women. If there's any person to comment on it, it has to be Tarek Fatah."

Tejasvi Surya had landed in a similar controversy soon after his nomination as a candidate just ahead of the 2019 Lok Sabha elections.

The Congress also stepped in to criticise Surya and the BJP, national spokesperson Sanjay Jha said in a tweet, “The BJP gives tickets to Pragya Singh Thakur and #TejasviSurya etc because it helps popularise their hardline bigoted political profile. But the chickens usually come home to roost. Today, India stands embarrassed, humiliated.”

Comments

Wellwisher
 - 
Tuesday, 21 Apr 2020

Remove him fron MP post and send to to Tihar at leat One year with One meal a day reward.  His all tails become straight life long.

DP
 - 
Tuesday, 21 Apr 2020

Unfortunately many individual's upbringing is not decent...... This guy is one of them

wellwisher
 - 
Tuesday, 21 Apr 2020

This fellow from the bottom to now educted and trained in rss organization  and in their school. And he was nomnated by the terror rss HQ only to ignite  terror and communal activity and  not form any social work or record. He was elected by WVM poeer and not by peoples choice. One or th other day EVM  secracy will be unlocked  thenall these chaddi Dhaari will be side lined and vanished by the peace loving  PATRIOT Indians.

 

 Now the present ruling party's policy and steps all are 100% jews guideline all behind the screen.

 

But truth  always  leads and Win.  

So blind bhaks must awake and divert  their mind toward TRUTH to lead a peace life in the human society.

Thejaswi or his god fathers will never  support - their group adn policy is entirely diffenetn and they never support or mingle with fellow Hindus.  All must remeber and  think about their beloved family and dependents i/o of rss chaddi.

 

Jai Hind 

 

Angry Indian
 - 
Tuesday, 21 Apr 2020

still now arab belived Hindus are good people, now one by one coming to know their evil mindset which is inside their heart...most of the hindus are nowdays communual, so all muslim must be carefull.

 

one of my hindu friend who is with me from childhood 20 years recently supported CAA and NRC and we divide, till then i never thought that he was like this, i supported him finiancially in all help...

 

INDIA is belog to muslim first then to hindus, we are the front runner of indian independence,

 

so all muslim community first support his community either in job, money, help etc...for them they have their BJP & RSS.

 

Now in saudi & UAE they annonced that any Hindutva militen who is spreading against muslim & islam sitiing in GCC must be reoported without any delay.

 

Hope marons will learn a lesson of their life. Jai hind

 

 

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News Network
February 23,2020

The euphoria over the claim that around 3,000 tonnes of gold reserves, worth Rs 12 trillion, have been discovered in Uttar Pradesh’s Sonbhadra district could not last even 24 hours, with the Geological Survey of India (GSI) clarifying on Saturday there had been no such discovery.

The GSI, headquartered in Kolkata, rebutted the claims of the Uttar Pradesh Directorate of Geology and Mining (UPDGM), and said “miscommunication” must have led to the wrong reporting of facts.

M Sridhar, director general of the GSI, said nobody in the agency gave any such data. He said 52,806 tonnes of gold ore was found in Sonbhadra district during the exploration work in 1998-2000. From this reserve, only 160 kg of gold can be extracted.

“There must have been some miscommunication of facts because of which the gold ore deposits have been overestimated. We have written a letter to Uttar Pradesh (UPDGM), stating the facts. The GSI has not estimated such kind of vast resource of gold deposits in Sonbhadra,” Sridhar said.

ALSO READ: 2,900-tonne gold mine found in Sonbhadra, 4 times that of India's reserves

The UPDGM had said on Friday that gold deposits were found in Son Pahadi and Hardi areas of the district. Sridhar said while gold ore was found in the area during the GSI’s exploration work in 1998-2000, it had told the state government about the discovery in November last year.

Under the new regulation, which came into effect from 2015, the GSI has to inform the state government when ore deposits are discovered. Earlier, no such action was mandatory. In its report, the GSI estimated that only 3.03 gm of gold can be extracted from a tonne of ore. It also clarified that even the extraction amount was tentative and could not be established for certain.

Moreover, Sridhar said the deposits were spread across only 0.5 sq km in forest land, which made the mining of ore economically unviable. “When there are several mines nearby, we can club it into a block and then it makes sense to mine the ore. But in this case, the deposits are too small to make it viable for any company to mine it,” he said. The GSI usually prioritises its exploration work based on the needs of the Centre. While strategic minerals like tin, cobalt, lithium, beryllium, germanium, gallium, indium, tantalum, niobium, selenium, and bismuth are atop the list in GSI exploration, gold is another commodity on its priority list.

According to the World Gold Council, India has reserves of 630 tonnes of gold.

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News Network
March 23,2020

Mangaluru, Mar 23: Indian Coast Guard (ICG) on Monday announced to enhance surveillance along the coastline of Karnataka to strengthen security.

It has tasked its hovercraft in New Mangalore, and high-speed patrol vessels and interceptor boats along the coastline for ensuring foolproof security of the uninhabited islands, Deputy Inspector General S B Venkatesh, Commander, Coast Guard, Karnataka, said in a release today.

The amphibious hovercraft have been deployed for near to coast patrol, to facilitate smooth execution of search and rescue operations and security cover over land and riverine route. Please log in to get detailed story.

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