HDK again offers support to BJP after bypolls, but BSY dismisses idea

News Network
November 26, 2019

Bengaluru, Nov 26: JD(S) leader and former chief minister HD Kumaraswamy reiterated that he will extend support to chief minister BS Yediyurappa if the BJP fails to secure the minimum six seats it requires to stay in power in the December 5 byelections to 15 seats. Yediyurappa, however, rejected the offer and pitched instead for “Congress-JD(S)- mukt Karnataka”.

“There is no question of midterm elections as the JD(S) is willing to support the BJP government to avoid imposition of yet another election on people,” Kumaraswamy said at a public rally in Vijayanagara, Ballari, on Monday.

Kumaraswamy had offered support to the BJP previously too, in a bid to prevent several leaders from his party switching sides. As if on cue on Monday, BJP state general secretary Arvind Limbavali hinted that the exodus of opposition MLAs into the BJP will continue, saying several JD(S) legislators were in touch with his party.

Reacting to Kumaraswamy’s offers of support, Limbavali, also the party’s convener for the bypolls, said it shows their “insecurity”.

Meanwhile, rejecting the offer, Yediyurappa said his government doesn’t need any party’s support since he is confident of winning all 15 byelection seats.

Speaking at a rally in Vijayanagara, Yediyurappa said, “If we have to make it Congressmukt Bharat then it should be Congress mukt Karnataka first. It should begin here. That’s our bypoll motto.”

However, Congress Legsilature Party leader and leader of the opposition in the assembly Siddaramaiah ruled out the possibility of JD(S) joining hands with the BJP and predicted midterm polls in the state.

“I am sure the JD(S) will not support the BJP,” Siddaramaiah said. “I know the party inside out since I was associated with it for a long time. I know their mindset. Seeking a fresh mandate may become inevitable.”

Siddaramaiah insisted fresh polls are a distinct possibility in the event of the BJP not winning the required number of seats to keep it in power. “They will have to resign,” Siddaramaiah said.

Siddaramaiah also criticised the way the BJP grabbed power, toppling the JD(S)-Congress coalition government. “What the BJP did was unethical,” he said. “They poached 17 MLAs from the Congress and JD(S) and formed the government. That is why we are now having bypolls to 15 constituencies. The BJP will suffer a setback.”

On whether he will become chief minister if the BJP government falls, Siddaramaiah said the high command and the legislature party will decide.

Comments

Althaf
 - 
Tuesday, 26 Nov 2019

Secular JDS !!!! What more else we have to see in kar-Nataka???

Ahmed Ali K.
 - 
Tuesday, 26 Nov 2019

Power Monger!!!

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
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."

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
May 18,2020

Udupi, May 18: G Jagadeesh, Deputy Commissioner of Udupi today warned that criminal cases would be filed, if people under quarantine roam around, as they put the lives of others in risk, by coming out.

He said: "There are more than 6,000 people under quarantine in hotels, hostels, schools etc in different parts of the district. They include those who returned from other countries and other states.”

“We have allowed them to return to the district. Now I am receiving complaints that many of them are violating quarantine guidelines and venturing out. This is unacceptable.”

“As it is a risk to the whole society, severe action will be taken against the neglect and apathy of the persons under quarantine,” he said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 2,2020

Kalaburgi, Jan 2: At least 10 students sustained injuries when a private bus carrying students of a school on an educational tour rammed into a tree today morning.

The mishap occurred when the students of Ayyappa School located in Chennaveera Nagar were going around the city in a bus during their tour.

The bus crashed into a tree near Venkatagiri Hotel on New Jewargi Road in the city.

A case has been registered at a traffic police station.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.