I-T raids premises of Cafe Coffee Day owner V G Siddhartha

Agencies
September 21, 2017

Bengaluru, Sept 21: The officials of the Income Tax Department are conducting raids on several properties belonging to former Karnataka chief minister SM Krishna's son-in-law, said reports on Thursday.

According to news agency, the raids are being conducted on the premises of Krishna's son-in-law and owner of Café Coffee Day, V G Siddhartha in Bengaluru.

The raids are being carried out over 20 locations in Bengaluru, Mumbai, Chennai and Chikmagalur. However, there is no official confirmation regarding the raids from the Income Tax Department as yet.

V G Siddhartha is the owner of several firms including the famous Coffee Day, Way to Wealth Group, Serai Group etc.

The IT raids on properties owned by Siddhartha comes several months after SM Krishna – a veteran Congress politician for over four decades - joined the BJP in March this year.

SM Krishna, apart from being the former Chief Minister of Karnataka, has also been the External Affairs Minister in the UPA government as well as the Governor of Maharashtra.

Comments

Manjunath
 - 
Thursday, 21 Sep 2017

What about Reddy brothers and Yediyurappa? Don't IT dept know of their illegal wealth?

Mohan
 - 
Thursday, 21 Sep 2017

IT raid doesnt mean jack if you have contacts in ruling party. Shah the criminal can use these raid as bargaining chips with SM krishna

Naveen poojary
 - 
Thursday, 21 Sep 2017

Modi doesn't make a difference between ruling party or opposition.
He will go after any scamster...well done.

Unknown
 - 
Thursday, 21 Sep 2017

If you send a suitcase to amitshah nothing will happen to you either.
Shah is collecting the money

Rakesh
 - 
Thursday, 21 Sep 2017

SMK the turn coat, is a spent force for congress & Jumla party as well. He cant do any damage to Congis. Just to have another feather in the cap of Feku, this raid is conducted. There r Sharks in Feku's own party who r free like Adani, Sushil Modi, Vijaivarghia, Ajay Devgun, Ashok Pandit etc. Nothing will happen to them.

Kiran
 - 
Thursday, 21 Sep 2017

Why no raid on Reddy brother?

Kalandar Manna…
 - 
Thursday, 21 Sep 2017

The corrupt must be caught, must need to take strict action.

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coastaldigest.com news network
July 9,2020

Mangaluru, Jul 9: The coastal district of Dakshina Kannada today recorded death of two coronavirus patients.

Meanwhile, the district today also recorded 167 new covid cases taking the total number of cases to 1701.

Yesterday, the district had recorded 183 cases. Today more cases were reported from Bantwal and Ullal regions. 

According to sources, a 48-year-old man from Boloor, who was under treatment for covid-19 at designated covid hospital passed away today. 

A 62-year-old covid patient, who had SARI symptoms, breathed his last at a private hospital.

With this, the total number of deaths of covid-19 patients in the district reached 30 including two deaths caused by other reasons.

Of the 167 who tested positive on Thursday, 110 are males and 57 females including seven children.

Three have returned from Qatar and Dubai, one from Bengaluru, 42 are diagnosed with influenza-like illness (ILI), six are diagnosed with severe acute respiratory illness (SARI) and 64 are primary contacts of earlier patients. Contact tracing process of 38 patients is on, and 13 pre-surgery samples.

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News Network
July 26,2020

Bengaluru, Jul 26: Today, one of the Co-founders of Infosys, SD Shibulal announced that over the last three days (22nd - 24th July) his family members have sold a portion of (representing approximately 0.20 per cent of the paid-up equity share capital) their holding in Infosys Ltd on the stock exchanges.

Proceeds from the partial stake monetization will be utilized for a combination of philanthropic and investment activities.

The sale was executed by Citigroup Global Markets India Private Limited as the Sole Broker.

The Founders, have served Infosys in various capacities, since its inception in 1981 until October 2014. Over the three decades, the Founders have nurtured the company transforming it into one of the professionally run companies in India with a global presence.

This press release is for information purposes only and is not an offer to sell, or a solicitation of an offer to buy, any of the shares described herein. The shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or in any state or other jurisdiction of the United States.

Securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the US Securities Act. 

There has not been and there will not be any public offering of the shares in the United States.

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News Network
January 2,2020

Bengaluru, Jan 2: Accusing Prime Minister Narendra Modi of "neglecting" Karnataka ahead of his visit on Thursday, the state Congress questioned why he did not give adequate relief and pay a visit to the state, when most of its parts were affected by severe floods last year.

Modi will begin his two-day visit to the state on Thursday afternoon.

The Congress' Karnataka unit in a series of tweets also questioned the Prime Minister about not conferring the "Bharat Ratna" on Shivakumara Swamiji of Siddaganga Math, who passed away last year at the age of 111 years.

"Why you did not visit the state, when it was affected by floods? Despite the damage of over Rs 1 lakh crore why you did not declare it as a national disaster? Why you did not give interim relief? When the state government has given a report that the damage caused was to the tune of Rs 35,300 crore why did you sit quiet by giving just Rs 1,200 crore," the state Congress tweeted.

As many as 103 taluks in 22 districts of Karnataka were affected due to unprecedented floods in August, in which over 80 people were killed.

Around seven lakh people were shifted to safe areas during the deluge and thousands of houses were damaged.

In October, various parts of the state faced a deluge for the second time in two months, killing over 13 people and damaging thousands of houses.

Asking as to why the Centre was not giving the state's share of GST amount adequately, the Congress questioned as to why dues under MNREGA programme were not paid so far, and why Karnataka was being neglected while allocating grants.

Questioning Modi as to why he did not visit Tumakuru when Shivakumara Swamiji of Siddaganga Math passed away, the principal opposition party in the state Assembly, also sought to know why the seer was not conferred with the Bharat Ratna yet.

It also pointed out that former Chief Minister Siddaramaiah had written a letter in this regard in January 2018.

The Congress has also hit out at the BJP-led Central government over imposition of Hindi language by neglecting regional languages and mother tongue.

The Prime Minister will kickstart his visit to the state by paying tributes to the late pontiff's 'Gadduge' (final resting place) at the Math premises near Tumakuru.

Later, he will attend an event organised to give away Krishi Karman awards and to distribute fishing equipment at the government college ground in Tumakuru, before leaving for Bengaluru where he will be attending a DRDO event.

On Friday he will be inaugurating 107th Indian Science Congress here.

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