'If Hindu, then why promote eating beef?' Yogi asks Siddaramaiah

Bengaluru, Jun 12: All the four candidates, including former prime minister H D Deve Gowda (JDS), and senior Congress leader Mallikarjna Kharge, on Friday were declared elected unopposed to the Rajya Sabha from Karnataka.

Karnataka Assembly Secretary sources here said that all the four candidates, who were in the fray for as many berths, were elected after the last date of withdrawal of candidature ended on Friday.

Abu Dhabi, Feb 17: NMC Health Plc, a hospital operator targeted by short-seller Muddy Waters, said founder Bavaguthu Raghuram Shetty resigned amid investor concern he faced a margin call and misrepresented his stake.

The board asked for Co-Chairman Shetty’s resignation and it takes effect immediately, according to a person with knowledge of the situation. NMC has lost four board members since Friday, including Vice Chairman Khaleefa Butti, whose holdings are also being probed. The stock, the worst performer on the FTSE-100 Index this year, fell as much as 9.2 percent Monday morning and then rebounded.

“The resignation of senior board members should be viewed positively,” said Abdulla Nahlawi, an analyst at Rasmala Investment Bank in Dubai. “The credibility of the current board has been jeopardized with the unfolding of the recent events.”

NMC shares lost almost half their value the first week of February on speculation the company’s main investors faced a margin call, in which banks seize shares pledged as collateral. NMC said Friday that First Abu Dhabi Bank and Al Salam Bank Bahrain obtained 20 million shares in the company from BRS International Holding, an investment vehicle of NMC’s top shareholders. The banks sold more than 8 million of those shares as “enforcement of security,” NMC said.

NMC operates the largest medical network in the United Arab Emirates and in 2012 became the first Abu Dhabi company to list in London. The shares started teetering in mid-December when Muddy Waters alleged that NMC manipulated its balance sheet and inflated the prices of companies it acquired.

Shetty, 77, was born in India and founded NMC in the 1970s after moving to Abu Dhabi. His spokesman said a legal review of the situation is ongoing and declined further comment.

Chief Investment Officer Hani Buttikhi and board member Abdulrahman Basaddiq also stepped down because they were appointees of Shetty and Butti, NMC said, adding that they had no knowledge of the share transfers.

Questions remain over the role of Shetty’s family at the company. His wife and son-in-law both hold roles in senior management.

Almost 10 per cent of NMC’s freely traded shares are shorted, according to Markit Securities data. In mid-December about a third of them were.

Last week GKSD Investment, an investment company backed by hospital investors, said it’s studying a possible offer for NMC. Under U.K. takeover rules, it has until March 9 to make a bid.

NMC has said Muddy Waters’s claims are false and the company hired former FBI Director Louis Freeh to conduct an independent review. The review is due to be completed before the company issues its financial results in March, the person said.

NMC said Mark Tompkins will continue as the company’s sole chairman.

Bengaluru, Jul 9: The State Education Minister of Karnataka clarifies that 2nd PUC result 2020 to be declared around July 20. The Minister’s tweet signals that Karnataka Second Pre- University examinations result is not releasing today, and likely to be declared around July 20, 2020.

Taking on his tweeter account Karnataka Education Minister S Suresh Kumar on Thursday informed that the 2nd PUC results (Class 12th) would not be declared on Thursday, that is on July 9 and would be available around 20th July. Earlier students presuming the result on Thursday had been started asking Education Minister whether Karnataka 2nd PUC Results would be announced today or not.

Addressing the students quarries, on Thursday Education Minister S Suresh Kumar took to his tweeter account and tweeted, “2nd PUC results are not announcing today, the results would be released around July 20, 2020”, or the second last week of July. Education Minister took to his twitter account to console the students, he tweeted “Many students are calling me to know whether Second PUC results will be announced Today. I once again inform all that Second PUC results will come out around 20th July.

Many students are calling me to know whether Second PUC results will be announced Today.

I once again inform all that Second PUC results will come out around 20th July.

— S.Suresh Kumar, Minister - Govt of Karnataka (@nimmasuresh) July 9, 2020

Earlier, the education minister informed that Karnataka Secondary School Leaving Certificate Exam, SSLC Results 2020 would release most likely by August first week and Second Pre-University (2nd PUC) Results 2020 would be declared by last week of July.

Karnataka earlier decided to hold the Board exams in spite of the opposition faced due to health risks over Corona Virus. The remaining SSLC & 2nd PUC examinations in Karnataka took place with the strict precautionary measures. The Education Minister himself carried out the inspection of many exam centres during the exams, a report said.

Evaluating the answer copies of exams, now results are to be declared in the month of July and August 2020. To get the result updates students are advised to keep visiting the official website of Department of Pre-University Education, Karnataka.