Congress delegation detained at Manguluru airport

News Network
December 20, 2019

Bengaluru, Dec 20: A delegation of Congress leaders from Bengaluru was detained at the Manguluru airport on Friday due to curfew in the violence-hit port city, where two people died of bullet injuries following the anti Citizenship Amendment Act protests.

"I was visiting Manguluru to meet the families of the two protesters who were shot dead during the protest. We were detained by the police at the airport itself," tweeted former irrigation minister M.B. Patil.

Prakash Rathod, Congress legislative council member told IANS: "S.R. Patil, Nazeer Ahmed, Ugrappa and Basavaraj Rayareddy accompanied Patil in their attempted visit to Manguluru to assess the ground situation in the light of protests and police ban order."

"The Congress leaders went to pay respects to the two people who died in Mangaluru yesterday and meet their families," Rathod said.

However, police detained the leaders at the airport, without allowing them to enter Manguluru and turned some of them back to Bengaluru in a flight, Rathod said.

Right now two leaders - Basavaraj Rayareddy and Patil, are on return flight to the city while the others will board the 5.40 p.m. flight, said Rathod.

"Our party leaders, who had gone to see the situation, have been detained in Manguluru airport. I condemn this act to silence us," said former Karnataka chief minister Siddaramaiah.

Siddaramaiah said BJP Chief Minister B.S. Yediyurappa is making Karnataka another Kashmir.

"All rights enshrined in the Constitution are curtailed, he said.

Rathod assailed the BJP-led government for employing dictatorial tactics and impinging on the right to democratically protest.

"We are with the people of India. BJP cannot cow us down by using force. People will also react and the agitation will get bigger by the day," said Rathod.

The port city is under curfew since Thursday till Sunday to maintain law and order and prevent untoward incidents.

Mangaluru is about 350 kms southwest of Bengaluru in the southern state.

Internet data services on mobile devices have been suspended since Thursday midnight for two days (48 hours) across Manguluru and Dakshina Kannada district to prevent the spread of rumours and instigating vested interests from disturbing peace and calm.

About 20 people, including 15 police officers, inspectors and constables were injured in the mob attack in the port city on Thursday when police fired teargas shells and baton charged the protesters as a ban order was in force.

Two persons - Jaleel Kandak, 49, and Naushan Kudroli, 23, protesting against Citizenship Amendment Act (CAA) in Manguluru received bullet injuries in police firing, succumbed to injuries at a private hospital on Thursday night.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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News Network
April 22,2020

Mangaluru, Apr 22: A team of officials raided the Big Bags International Pvt Ltd premises here on Tuesday following the apprehensions expressed by locals that the company has violated lockdown rules by resuming operations on April 20.

On Monday several workers of the firm from Kerala, Tumakuru and Bengaluru were reported to be at the premises to resume operations.

The raiding team asked the management to temporarily shut down operations and asked the workers to leave the place.

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News Network
March 13,2020

Bengaluru, Mar 13: Karnataka Health Department is planning to set up a separate hospital for COVID-19 so that the affected can be kept in quarantine at one place.

Presently, it is in the process of setting up separate isolation wards for COVID-19 cases at eight Bengaluru hospitals.

Minister for Medical Education K Sudhakar said on Friday that he has already discussed the idea of a separate facility for COVID-19 cases, so that those isolated, can be kept at a single location to contain the spread of the virus.

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