I-T raids premises of Cafe Coffee Day owner V G Siddhartha

Agencies
September 21, 2017

Bengaluru, Sept 21: The officials of the Income Tax Department are conducting raids on several properties belonging to former Karnataka chief minister SM Krishna's son-in-law, said reports on Thursday.

According to news agency, the raids are being conducted on the premises of Krishna's son-in-law and owner of Café Coffee Day, V G Siddhartha in Bengaluru.

The raids are being carried out over 20 locations in Bengaluru, Mumbai, Chennai and Chikmagalur. However, there is no official confirmation regarding the raids from the Income Tax Department as yet.

V G Siddhartha is the owner of several firms including the famous Coffee Day, Way to Wealth Group, Serai Group etc.

The IT raids on properties owned by Siddhartha comes several months after SM Krishna – a veteran Congress politician for over four decades - joined the BJP in March this year.

SM Krishna, apart from being the former Chief Minister of Karnataka, has also been the External Affairs Minister in the UPA government as well as the Governor of Maharashtra.

Comments

Manjunath
 - 
Thursday, 21 Sep 2017

What about Reddy brothers and Yediyurappa? Don't IT dept know of their illegal wealth?

Mohan
 - 
Thursday, 21 Sep 2017

IT raid doesnt mean jack if you have contacts in ruling party. Shah the criminal can use these raid as bargaining chips with SM krishna

Naveen poojary
 - 
Thursday, 21 Sep 2017

Modi doesn't make a difference between ruling party or opposition.
He will go after any scamster...well done.

Unknown
 - 
Thursday, 21 Sep 2017

If you send a suitcase to amitshah nothing will happen to you either.
Shah is collecting the money

Rakesh
 - 
Thursday, 21 Sep 2017

SMK the turn coat, is a spent force for congress & Jumla party as well. He cant do any damage to Congis. Just to have another feather in the cap of Feku, this raid is conducted. There r Sharks in Feku's own party who r free like Adani, Sushil Modi, Vijaivarghia, Ajay Devgun, Ashok Pandit etc. Nothing will happen to them.

Kiran
 - 
Thursday, 21 Sep 2017

Why no raid on Reddy brother?

Kalandar Manna…
 - 
Thursday, 21 Sep 2017

The corrupt must be caught, must need to take strict action.

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News Network
March 21,2020

Bengaluru, Mar 21: Karnataka Deputy Chief Minister CN Ashwath Narayan on Saturday said that all the IT companies in the state have agreed to close their offices and have also allowed some employees to work from home in the backdrop of the coronavirus pandemic.

"IT companies agreed to close their offices and allow employees, except for those discharging essential services, to work from home during a video conference with companies' representatives yesterday," said Narayan.

The Deputy Chief Minister said a circular regarding it will be issued soon.

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News Network
March 24,2020

Bengaluru, Mar 24: Bengaluru police registered an FIR against a 23 year-old woman who, while in home quarantine, visited supermarket despite having clear instructions to stay at home.

The Vijayanagar police said that the woman, a resident of Vijayanagar, had returned to the City on March 22 after a visit to Dubai."The city police had visited her house and stamped her for home quarantine and instructed her to stay at home but she visited Reliance Fresh on Monday.

We received information about it and the footage. Following this, we registered an FIR against her under section 269 (negligent act likely to spread infection of disease dangerous to life). We traced her and warned her to stay at home. We are also consulting senior officers and health officers on whether we have to send her to the government quarantine Centre or not,"the police said.

Commissioner of Police Bhaskar Rao strictly warned the people who are home quarantined to stay at home in public interest. If they were found in public places they will be picked up, arrested and sent to government quarantine."Please log in to get detailed story.

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News Network
May 29,2020

Bengaluru, May 29: Seven out of ten (72 per cent) workers in Karnataka reported having lost their employment during the COVID-19-induced lockdown, according to findings of a survey by Azim Premji University, in collaboration with ten civil society organisations.

The university said in a statement it conducted "a detailed" phone survey of 5,000 workers across 12 states in the country, to gauge the impact of the COVID-19 lockdown on employment, livelihoods, and access to government relief schemes.

The survey covered self-employed, casual, and regular wage and salaried workers and it released the findings for Karnataka on Thursday.

Seventy-six per cent of urban workers and 66 per cent of rural workers lost their employment, the survey findings said.

For non-agricultural self-employed workers and wage workers, who were still employed, average weekly earnings fell by two-third.

More than four in ten salaried workers (44 per cent) saw either a reduction in their salary or received no salary during the lockdown.

Six out of ten households reported that they did not have enough money to buy even a weeks worth of essential items, according to the survey.

Eight out ten households reported a reduction in food intake, while less than three in ten vulnerable households (27 per cent) in urban Karnataka received any form of cash transfer from the government, it said.

In summary, the disruption in the Karnatakas economy and labour markets is enormous. Livelihoods have been devastated at unprecedented levels during the lockdown.

The recovery from this could be slow and very painful, the statement said.

As a response to the findings of this survey, the team which has conducted the survey suggested a universalisation of the PDS to expand its reach and implementation of expanded rations for at least the next six months.

It suggested cash transfers equal to at least Rs.7000 per month for two months, and proactive steps like expansion of MGNREGA, introduction of urban employment guarantee, and investment in universal basic services, among others.

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