HDK should seek trust vote on Monday itself: BJP

News Network
July 13, 2019

Bengaluru, Jul 13: The BJP will press Karnataka chief minister H D Kumaraswamy to seek trust vote in the assembly on Monday, state BJP chief B S Yeddyurappa said on Saturday.

The former chief minister asserted that the Congress-JD(S) coalition government has lost majority and its collapse was imminent.

In a surprise move amid the existential crisis faced by his government, Kumaraswamy had on Friday announced in the state assembly that he had voluntarily decided to seek a trust vote to end the "confusion" caused by resignations of rebel MLAs and requested the Speaker to fix time for the same.

Yeddyurappa said on Saturday that the chief minister "must move the confidence motion Monday itself".

"Monday morning at Business Advisory Committee meeting we will advise that chief ministers commitment should be fulfilled," he said.

According to sources, at the Business Advisory Committee meeting on Friday, Kumaraswamy had proposed that the trust vote be held on Wednesday.

However, no decision was taken as the principal opposition BJP did not attend the meeting.

The coalition government, which has been shaky since it came into being last year after a post-poll arrangement in the wake of a hung verdict, is facing a serious crisis now with 16 MLAs - 13 of the Congress and three of the JD(S) - resigning their assembly membership.

Besides, two independent legislators, who were made ministers recently to provide stability to the government, have quit the ministry and withdrawn support.

Pointing out that Kumaraswamy has clearly lost majority with the resignation of 16 MLAs and two independents withdrawing support, Yeddyurappa said it was better for him to resign and allow a new government to take over to work for the people of the state.

"The Chief Minister himself has said in the Assembly that without the support of MLAs, he would not like to continue and hence would be moving a motion seeking trust vote.

"Let us wait till Monday, if he is going to move confidence motion we have no objection. We will wait till Monday," he added.

The Supreme Court, hearing a petition by ten of the 16 rebel MLAs, had on Friday restrained Speaker K R Ramesh Kumar from taking any decision till next Tuesday on the resignation and disqualification of the legislators.

Yeddyurappa said, along with ten MLAs, five more MLAs - MTB Nagaraj, K Sudhakar, Munirathana, R Roshan Baig and Anand Singh - have also moved the Supreme Court regarding delay in acceptance of their resignation by the Speaker, and it may also be taken up by the court on Tuesday.

To a question about the Congress trying to persuade rebel Congress MLA Nagaraj to withdraw his resignation, the BJP leader said when the legislator himself has moved the apex court and when the plea has been admitted, "I dont think he will go back".

"Some people may have tried to put pressure. I heard that D K Shivakumar (Congress Minister) was at his residence since 5am. I feel that as they have produced affidavit before the Supreme Court, Nagraj or Sudhakar cannot go back and they will not go back," he added.

With Congress intensifying efforts to woo back its disgruntled MLAs on Saturday, Nagraj has hinted that he might consider withdrawing his resignation and also said he would try to persuade others.

Meanwhile, Yeddyurappa visited his party MLAs who are camped at a resort on the outskirts of the city.

He held discussions with the MLAs on the current political developments and had lunch with them, party sources said.

The BJP on Friday had decided to move its MLAs to the resort near here amid fears of poaching bid by the ruling Congress-JD(S) combine after chief minister announced he would seek a trust vote in the assembly.

Earlier, Yeddyurappa termed Kumaraswamy's decision to seek trust vote as a "conspiracy" to halt further exodus of coalition MLAs.

"Chief Minister Kumaraswamys statement seeking trust vote is part of systematic conspiracy to stop more people (MLAs) from quitting due to confusion within the Congress-JD(S). So, there is no meaning for seeking trust vote. Let him show the courage and do it.

"We will welcome it. The atmosphere is favourable for us. It is certain that this government will collapse in a few days," he asserted.

The ruling coalition's total strength is 116 (Congress-78, JD(S)-37 and BSP-1), besides the Speaker.

With the support of the two independents, the BJP has 107 MLAs in the 224-member House, where the half-way mark is 113.

If the resignations of the 16 MLAs are accepted, the coalition's tally will be reduced to 100.

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News Network
June 1,2020

Palakkad, Jun 1: An 11-month-old boy, whose parents are placed under COVID-19 quarantine, drowned in a bucket of water in Chalissery at Palakkad district.

The toddler Muhammed Nisan was the son of Muhammad Sadiq. The parents of the child are under home quarantine after Sadiq's brother, who is living in the same home was tested positive of COVID-19.

The child was found dead in a bucket of water kept in the bathroom on Saturday around 10 pm.

Chalissery police said that ''further actions will be taken only after the test result comes out. We have filed an unnatural death case on this.''

Since the family has been quarantined, the body of the baby has been shifted to the Thrissur Medical College for COVID-19 testing.

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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News Network
June 16,2020

Bengaluru, Jun 16: Continuing easing of restrictions under 'unlock-1,' the Karnataka government has allowed shooting and production of films and television programmes in the state.

In a clarification, Principal Secretary Revenue N Manjunath Prasad said, shooting and production of all films and television programmes that were stopped in between due to lockdown can be allowed.

It is also allowed to continue with the post-production activities of film and television programmes after completing the shooting, it said.

The permission is conditional as it is subjected to adhering of the national directives issued in connection with the COVID-19 pandemic, and standard operating procedures prescribed by the Department of Information and Public Relations.

The clarification said permission can be given as film and television shooting and production activities are not banned under guidelines issued by the centre and the state government recently.

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