Dubai: Bearys Chamber of Commerce & Industry all set to open its UAE chapter

Media Release
September 17, 2018

Dubai, Sept 17: The Bearys Chamber of Commerce & Industry (BCCI), Mangaluru is all set to form its UAE chapter on 19th October, 2018, at Pearl Creek Hotel, Deira, Dubai.

BCCI President Hajee S M Rasheed will preside over the function. U T Khader, Minister for Housing and Urban Development, B M Farookh, MLC, Thumbay Moidin, NRI entrepreneur, Abdul Latheef, Mohammed Mansoor and other dignitaries will attend the function.

In line with forthcoming inaugural programme, an organizing /reception committee was formed and its preliminary meeting was held on 7th September, 2018 at the Conference Room, Burg Khalifa Residence, Dubai. Dr B K Yusuf, Presided over the function. Imran Ahmed recited the Quranic verses.

Muhammed Ali Uchil and S.M.Basheer briefed on the meeting.

Dr.B.K.Yusuf, Muhammed Ali Uchil, S.M.Basheer, and Althaf Khatib are assigned as organizers to liaise with parent body, the members and call for meeting, booking of venue and sending emails/WhatsApp on schedules of the further meetings

Abdulla Madumoole, M.E.Moolur, Hidayatulla, Moidin Kutty Haji, Althaf Diamond Lease, Abdul Ravoof, Tanveer Razak, Lather Mulki, Siddik Uchil and Mohammed Ibrahim Naveed are the other committee members. Vote thanks was rendered by S.M.Basheer and a special thanks given to Hidayatullah.

Comments

Akram Bilal
 - 
Wednesday, 19 Sep 2018

Amazed by the BCCI efforts to lift up young entrepreneurs in a short span of time.Keep it up BCCI; let your wings spread worldwide.

All the best to team Reception Committee- a mix up of talent, experience and dedication to community

Hameed Renjilady
 - 
Tuesday, 18 Sep 2018

Great initiative from BCCI,let community benefit from this.NRI help desk is need of the hour

 

Salam Bava
 - 
Tuesday, 18 Sep 2018

Masha Allah,A very good move from BCCI.Let this move begins new chapter for community youngsters In dubai  All the best 

 

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News Network
June 27,2020

Bengaluru, Jun 27: A Karnataka government employee on SSLC exam duty at a school in Pavagada, Tumakuru district, on Friday tested positive for Covid-19, prompting the education department to send all staff members of the exam centre on quarantine.

“No student has been affected. All the staff has been replaced,” said R Umashankar, principal secretary, education department.

How soon we get a coronavirus vaccine depends on not only the pace of work in research labs, but also the preparedness of factories supplying glass vials, stoppers and syringes

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News Network
April 8,2020

Bengaluru, Apr 8: In a strong show of support, Karnataka Chief Minister BS Yediyurappa stood behind the minorities in the state and said no one should target the Muslim community over the coronavirus crisis and the Tablighi Jamaat.

He said those communalising the issue will be dealt with strictly.

BS Yediyurappa was speaking to a regional media channel when he said "Nobody should speak a word against Muslims. This is a warning. If anyone blames the entire Muslim community for some isolated incident, I'll take action against them also without a second thought. Will not allow that to happen."

Since then, many have welcomed the CM's remarks including the opposition.

Former Karnataka Congress president Dinesh Gundu Rao tweeted and said that other BJP leaders should follow the Karnataka CM and that it's a welcome step.

Congress president DK Shivakumar too said he agrees with the chief minister and that no one should target one community. "The CM should also act strictly against people posting communal remarks on social media and issue an order."

Earlier, Karnataka CM BS Yediyurappa held a meeting with minority opposition MLAs and MLCs and urged them to pass the message within the community asking those who had attended the Delhi Nizamuddin Markaz event to come and get tested for Covid-19.

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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