National leaders made me DyCM; will strengthen BJP: Laxman Savadi

Agencies
August 27, 2019

Bengaluru, Aug 27: Newly-appointed Karnataka Deputy Chief Minister Laxman Savadi on Tuesday vowed to make Bharatiya Janata Party (BJP) stronger and said he will work hard to bring good name to the B S Yediyurappa's government.

"National and state leaders made me Deputy Chief Minister, they have shown faith in me. I will make the party stronger and bring good name to the government. I did not ask for this post, senior leaders gave it to me, I accepted it," he said while speaking to ANI in Bengaluru on Tuesday.

Days after taking oath as cabinet ministers in the Chief Minister BS Yediyurappa's government, lawmakers Govind Makthappa Karajol, Dr Ashwath Narayan CN and Laxman Sangappa Savadi were on Monday designated as Deputy Chief Ministers of Karnataka.

Governor Vajubhai Vala, on the advice of the Chief Ministers also allocated portfolios to all 17 ministers which were sworn in as members of Chief Minister BS Yediyurappa's cabinet.

As per the cabinet allocation, Karajol will be taking care of the Public Works Department and will also have an additional charge of Social Welfare Department, Ashwath will look after Higher Education, Information Technology and Biotechnology (IT & BT), Science and Technology while Savadi has been allotted Transport.

CT Ravi has been given charge of Tourism and Additional charge of Kannada and Culture while B Sreeramulu got Health and Family Welfare department.

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Indian
 - 
Tuesday, 27 Aug 2019

Dayavittu matthe blue film nodi karnataka Maana haraaj hakbeda astu maadidre saaku maraaya, bere enu madbeda please...

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News Network
June 23,2020

Bengaluru, June 23: A head constable from Karnataka State Reserve Police (KSRP) committed suicide on board a bus after testing positive for COVID-19 in the city.

As per sources, the 50-year-old head constable had tested positive for coronavirus last evening and today he was being taken to a hospital in KSRP bus.

It is learned that he hanged himself to death inside the bus as there was no one else.

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News Network
June 4,2020

Bengaluru, Jun 4: Assuring support to reform the police department, Karnataka Chief Minister B S Yediyurappa on Thursday directed officials to strengthen Cyber Crime, Economic Offences & Narcotics (CEN) stations and forensic labs in the state.

The Chief Minister who held a review of the Home Department, lauded the work of police personnel during the COVID-19 crisis, and promised necessary help to reform the department.

Pointing at the changing scenario, the Chief Minister instructed officials to give priority to strengthen CEN stations, his office said in a release. Similarly, for quick detection of crimes, necessary action will be taken to strengthen forensic labs, he added. During the meeting it was also decided to continue more than 3,000 home guards, who were in the fear of losing jobs, and to deploy them to various departments.

Yediyurappa directed officials to take necessary steps to make home guard services available to private organisations also. Officials informed the Chief Minister that all necessary COVID-19 related precautions have been taken at prisons and no case has been reported so far at jails. They said as per Supreme Court directions, 5,005 people were released on bail and parole, and congestion of prisoners at prisons has been reduced from 110 per cent to 95 per cent.

Yediyurappa also asked the officials to submit a proposal based on facts towards development of basic amenities that comes under the Home Department.

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KT
April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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