Finally, Yeddyurappa calls back all BJP MLAs camping in Gurugram

Agencies
January 19, 2019

Bengaluru, Jan 19: Bharatiya Janata Party (BJP) Karnataka State President and former chief minister BS Yeddyurappa on Saturday called back all BJP MLAs camping in Gurugram.

The BJP MLAs from Karnataka said they were in Gurugram since Monday evening to devise strategies for the coming Lok Sabha polls, and not to avoid being "poached" by the ruling Congress-JDS alliance.

Earlier in the week, Yeddyurappa had alleged that Chief Minister HD Kumaraswamy was indulging in horse-trading by offering money and ministerial posts to BJP MLAs.

"We are not indulging in any poaching. It is Chief Minister Kumaraswamy who is indulging in horse-trading. He himself is offering money and ministerial posts to our MLAs," he had said.

The charges of horse-trading were triggered after three Karnataka Congress MLAs visited Mumbai on Monday, reportedly along with some BJP MLAs. This was followed by the Congress' allegation that the BJP was trying to poach the ruling party's MLAs to destabilise the ruling coalition government in Karnataka.

Political turmoil intensified after two independent MLAs in the Karnataka Assembly - R Shankar and H Nagesh - withdrew their support from the Congress-JD(S) coalition government in the state on Tuesday.

The two MLAs had gone incommunicado two days ago before announcing their decision at a press conference in Mumbai.

In the 224-member Assembly, JD(S) has 37 MLAs and the Congress 80. The Congress-JD(S) alliance has the support of some Independents in the House where the majority figure is 113 stay in power.

Comments

Mohan
 - 
Saturday, 19 Jan 2019

He failed again in operation kamala. He failed pave path to kamala blooming in karnataka. 

Joseph Stalin
 - 
Saturday, 19 Jan 2019

Yedduarappa proving again and again that he crossed the time to retire from politics. 

Suresh
 - 
Saturday, 19 Jan 2019

Yeddurappa lost that money also. poor old man

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News Network
March 22,2020

Mangaluru, Mar 22: A 22-year-old man from Bhatkal who had returned from Dubai on March 19 has tested positive for coronavirus.

Sindhu B Rupesh, Deputy Commissioner of Dakshina Kannada confrimed this today.

The youth, after landing at Mangaluru International Airport had got admitted to Govt Wenlock Hospital.

The total number of coronavirus positive patients in India rose to 342 on Sunday, as per the Indian Council of Medical Research (ICMR).

A total of 16,999 samples from 16,109 individuals have been tested for COVID-19 as of 10:00 am on March 22, as per ICMR data.

India reported two deaths today from the highly contagious virus - one each in Maharashtra and Bihar - taking the tally to six, as per state authorities.

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News Network
January 14,2020

Bengaluru, Jan 14: The Karnataka High Court on Tuesday issued a notice to the government of Karnataka while hearing the plea for ordering Judicial probe into the December 19, violence and police action in Mangaluru.

On December 19, the local police while taking action against anti-CAA and NRC protesters had fired at them which had killed two citizens. The police action was then followed by curfew in the region for over 48 hours.

The High Court bench hearing the plea of JD(s) leader Iqbal and Sullia Pattan Panchayat member Iqbal seeking its intervention to order judicial probe into the matter has issued the notice to the government.

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News Network
March 30,2020

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."

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