Don’t tell everything in public: Deve Gowda advises grandson

News Network

October 13, 2017

Bengaluru, Oct 13: Upset with JD(S) youth leader Prajwal Revanna’s “bucket culture” comment, the JD(S) leadership is learnt to have advised him to exercise restraint while making public speeches.

No sooner than Prajwal’s statements on the “prevalence of sycophancy” in the JD(S) were widely reported on Wednesday, than JD(S) supremo H D Deve Gowda telephoned his grandson and reprimanded him.

According to sources, Gowda is learnt to have told Prajwal that he had already issued a notice to the youngster for his “suitcase culture” statement recently, and that he should stop repeatedly embarrassing the party.

Sources in the party said Prajwal has been mounting pressure on the party to let him contest the Assembly election. He is planning to contest the election from Rajarajeshwarinagar constituency in Bengaluru.

Both Gowda and his son H D Kumaraswamy have stated that only two members from the Gowda family will be fielded — Kumaraswamy and his brother H D Revanna. Meanwhile, Gowda on Thursday said Prajwal had not participated in the Rajarajeshwarinagar party workers meeting on October 10 as an aspirant.

Gowda told reporters in Bengaluru during the party’s legal cell meeting that the party core committee will finalise the candidate list.

Comments

No need to teach the tricks to him. he is grand son of political fox

Technology advanced. All people having smart phones. They will show you what you spoke before

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Auto-mobile shop in Deralakatte catches fire; locals suspect miscreant's hand

News Network

January 17,2020

Mangaluru, Jan 17: An auto-mobile shop at Deralakatte here caught fire on Friday incurring huge loss on the shopkeeper.

According to police, the incident happened in the morning when the shop owner opened the shop.

Locals suspect that miscreants might have set the shop on fire and had escaped from the scene at night.

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RBI imposes penalty of Rs 1.2 crore on Karnataka Bank for non-compliance of norms

News Network

May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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Mangaluru | Flight charted by KMT brings home 180 stranded NIRs from Dammam

coastaldigest.com news network

July 14,2020

Mangaluru / Dammam, July 14: As many as 180 NRIs from Karnataka who were stranded in Saudi Arabia amid Covid 19 crisis today reached their home country by a flight charted by a Jubail based company KMT.

The Indigo flight carrying 174 adult passengers and 6 infants took off from King Fahad Airport, Dammam at 6:30 a.m. and landed at Mangaluru International Airport at 1:30 p.m.

Pregnant women, people with serious ailments and those who lost jobs are among the passengers. KMT has provided free ticket for some of the passengers who were in dire need of support.

KMT is a company which is head quartered in Jubail, Saudi Arabia was formed by natives of Addoor, Dakshin Kannada - Shoukath, Abdul Razaq, Siddique and Abdul Rahman.

The CEO of KMT, Mr. Abdul Razaq has thanked Dr. Arathi Krishna, former president of KNRI Forum for her support to KMT in chartering flight.

He has also has expressed his gratitude to D.K district administration, director of SACO company Mr. Althaf Ullal and KMT operation Manager Mr. Sadiq Ahmed and his team for their cooperation.