Bengaluru, Apr 10: After Bharatiya Janata Party appointed former chief minister BS Yeddyurappa as its chief in Karnataka state, the Congress has intensified hunt for a powerful counterpart. The KPCC president G Parameshwara, who has completed the five-year term, has been continuing in the post even after being inducted into the State Cabinet as Home Minister.
With the Congress high command busy drawing up strategies for the ongoing Assembly elections in five States, the Karnataka unit may have to wait at least till the declaration of poll results for the new captain to take on the mantle of the party.
While several leaders have been eyeing the key post, the names of a few belonging to the dominant Vokkaliga and Lingayat communities are doing the rounds. Energy Minister D.K. Shivakumar, a Vokkaliga, who is presently campaigning along with party president Sonia Gandhi in Assam, is the front runner for the post. Mr. Shivakumar was the working president of the party when R.V. Deshpande was the KPCC president during 2008-10.
Sources said the high command may support the candidature of Mr. Shivakumar, who is also the fundraiser for the party. A sixth-time MLA, Mr. Shivakumar is also one of the popular leaders among the masses, particularly in the Vokkaliga belt of the old Mysuru region. Moreover, he has the blessing of senior leaders such as S.M. Krishna.
Among the Lingayat leaders, the names of Water Resources Minister M.B. Patil, IT/BT Minister S.R. Patil, and MLA Appaji Nadagouda are doing the rounds, in the backdrop of reports that the high command was keen on having a new party chief from either of the two dominant communities. As the BJP has appointed Lingayat strongman Mr. Yeddyurappa, the Congress may prefer a leader from the Vokkaliga community, said a party insider.
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DK Shivakumar is now front runner for Karnataka Cong chief post
Couples aged 91 and 88 discharged after getting treated from COVID-19 in Kerala
News Network
March 31,2020
Kottayam, Mar 31: A 91-year-old and 88-year-old senior citizen couple were discharged from the isolation ward of government medical college after getting treated from COVID-19 on Monday.
"It is a testimony to the dedication and expertise of the medical staff as well as the strength of the Kerala public health system. We shall overcome," Kerala Finance Minister Thomas Issac tweeted as he praised the healthcare services for treating the elderly couple considered as highly vulnerable to the contagious virus.
Apart from the two senior citizens, five others suffering from COVID-19 have also been treated and discharged from the hospital.
Thomas, 91, and his wife Mariyamma, 88, who were under treatment at the Kottayam Medical College were already suffering from various age-related problems. The 91-year-old had a heart attack and severe breathing trouble when he was under treatment.
"The aged couple based in Ranni in Pathanamthitta district had got infected with the virus after coming into contact with their son, wife and grandson who had arrived from Italy. COVID-19 was confirmed in them on March 8. They were admitted to Pathanamthitta hospital. However, they were shifted to the Medical College in Kottayam the very next day as their condition was critical," the Kerala government said.
The family will have to remain in home-quarantine for 14 more days.
The Union Health Ministry said the death toll due to COVID-19 has risen to 32 and the number of total coronavirus cases to 1,251 as on Monday.
There are 1117 active cases in the country with the state of Kerala contributing the highest number of cases which stands at 202.
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COVID-19: IT companies agree to shut offices, says Karnataka deputy CM
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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Startups in India raised $12.7 billion in funding in 2019, Bengaluru tops the list
News Network
January 15,2020
Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.
In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.
Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.
"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.
With an average of $21 million, the ticket size value of funding increased by 15% in 2019.
Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.
"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.
According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.
"Nevertheless, the investment activity is expected to rise in 2021," said the report.
The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.
With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.
The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.
The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.
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Don't give chance to any corrupt leaders Congress will lose thier image and status in strong hold Karnataka.
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