Mangaluru, Feb 19: Social worker Tabassum who has been rendering selfless service to HIV/AIDS affected children through her shelter home 'Snehadeep' at Bejai has been selected for the Annual Award of Mangaluru Press Club for the year 2019.
Tabassum, a resident of Konaje was chosen by a team of judges comprising Prof Balakrishna Gatti, Dr Vasanth Kumar Perla and Dr Nagaveni Manchi.
Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."
Bengaluru, April 6: Karnataka Chief Minister BS Yediyurappa on Monday said he is following the one-time fasting as per the order by BJP President JP Nadda.
"I am following the one-time fasting as per the order by our national President JP Nadda, on BJP foundation day today, as a mark of respect to doctors, nurses, media personnel," said BS Yediyurappa.
In his message to BJP workers earlier today, Nadda stated, "All BJP Karyakartas to give up one meal on our Foundation Day as a way to show solidarity with people facing hardships during the lockdown. Provide food packets to 5+1 needy under #FeedtheNeedy program. In the next one week, put a system in place where we can provide two homemade face covers to each person at our booth. We should circulate videos of preparation and distribution of such face covers with #WearFaceCoverStaySafe."
Jeddah: The first chartered flight for repatriation passengers from Jeddah to Bengaluru organized by Karnataka NRI Forum Jeddah – Saudi Arabia was successfully landed at Bengaluru airport by 01.00 am on 19th July 2020.
Spice Jet (SG9884) departed from King Abdul Aziz International Airport Jeddah by 05.00 pm local time with 177 stranded passengers which includes 12 Pregnant Woman, 3 infants, 44 Short term visa holders, 3 medical emergency patients and 115 migrate workers and labours from various districts of Karnataka state.
Karnataka NRI Forum Jeddah, a registered charitable organization under Government of Karnataka & Indian Consulate Jeddah - Saudi Arabia, helping the Kannadigas overseas & in Karnataka State as well, has initiated major role for helping stranded Kannadigas to travel back to home. During Pandemic hundreds of stranded Kannadigas were approached to the forum and requested to arrange special chartered flight to Bengaluru from Jeddah.
Initiating from collecting the data of passengers, the forum’s special panel including its President Mr. Mohammed Mansoor, Secretary Mr. Peter Mascarenes, Vice Presidents Mr. Nasir Khurshid, Dr.Ashfaque Maniyar, Chief Coordinator Mr. Shaikh Saoud, Cultural Secretaries Mr. Arifulla Shariff and Mr. Rajesh Suvarna, Treasurer Mr. Habib Rahman and Press Secretary Mr. Baig, the forum’s members have worked very hard to conclude this task very successful.
The forum provided food packets as refreshment, complementary PPE kitsto each passenger as precaution against the spread of any infections while travelling and also guided all passengers by supporting them in Awdha portal (Saudi Passport Department) and Seva Sindhu portal registration of Government of Karnataka.
The official travel partner ITL Travel Management Company has rendered remarkable service to the passengers not only in ticketing but also supported with top priority in confirming the aircraft from SPICE JET and availed good service from ground staff at Jeddah Airport.
All passengers have reached safely to their homes after completing the 7 days institutional quarantine at Bengaluru. 100% passengers had NEGETIVE report on Covid-19 test made on arrival as well as after institutional quarantine.
In the press release published from the President, Mr. Mohammed Mansoor has expressed his prodigious gratitude to the Ambassador of India to Saudi Arabia H. E. Dr. Ausaf Sayeed, Deputy Consul General of India - Jeddah Mr. Y Saber and Chief Minister of Karnataka State Shri B. S. Yediyurappafor providing necessary approvals and NOC for the chartered flight operation. He also conveyed his boundless appreciationto Shri B. Y. Raghavendra, Member of Parliament Shimoga District (Karnataka) for his swift support extended to the forum and as well to Dr. Aarathi Krishna, Ex-Deputy Chairperson – NRI Forum of Karnataka – Government of Karnataka for her significant guidance and support on completing this mission.
The forum has thanked all the officers in King Abdul Aziz International Airport Jeddah and Kempegowda International Airport Bengaluru for the facilities provided to the passengers. The Forum has thanked all passengers travelled for their calmness and also thanked to all other members of the forum, Staff of ITL Travels and SPICE JET for their tremendous support extended throughout the mission accomplishment.
Comments
The passion of young Ms Tabassum and Social Working of today, particularly, gives me lot of hope. It almost feels like the political class wants to bring down India while the people are so hard working and committed to nation building.
Congratulation Miss. Way to go.
PS: Media has been compromised and fake news factories churn out crap daily. Thanks CD for bringing this news to readers.
CONGRATULATIONS.
Mrs.Tabassum's service for humanity is highly commendable.She looks after HIV & AIDS effected children with compassion like mother without expecting anything in returns.
She is the alumni of JF managed Green View PU womens college at Derealakette.
She deserve for more prestigious awards even like "Padma Shri" for her selfless and sincere services for the society and the nation.
All the best.
Add new comment