Industrialist BM Farooq likely to get Rajya Sabha ticket from JD(S)

[email protected] (CD Network)
May 24, 2016

Mangaluru, May 24: Even though the Janata Dal (Secular) is yet to announce its candidate for the looming Rajya Sabha polls, the name of industrialist BM Farooq is doing rounds for the sole seat the party can win on its own.

bmfarooqMr Farooq, who holds an Engineering degree, is a well-known businessman and real-estate tycoon in Bengaluru and Mangaluru. He is a brother of Mangaluru North MLA Mohiuddin Bava. He is also the president of Bengaluru based Bearys' Welfare Association.

Biennial elections to 57 Rajya Sabha seats including four in Karnataka is expected to take place on June 11. This includes the seat vacated by liquor baron Vijay Mallya.

The BJP has already chosen Union Urban Development Minister Venkaiah Naidu once again as its candidate from Karnataka.The ruling Congress in the State is undecided on the two candidates it can send to the Upper House with the names of former Union ministers P Chidambaram and Oscar Fernandes doing the rounds for the polls.

The fourth seat is up for grabs with JD (S), which has 40 members in the Assembly, hoping to put up an Independent and win with the support of other parties.

The JD(S) Legislature Party will formally meet in Bengaluru on May 26 to select the candidate. Party state president HD Kumaraswamy said they will field a personality from Karnataka but did not reveal if the candidate would be an industrialist.

Meanwhile, Mr Farooq has expressed his willingness to enter the parliament and also expressed hope that JD(S) would give him an opportunity to serve the people.

Comments

Abdullah
 - 
Wednesday, 25 May 2016

All like to become politicians for their own benefit.
Finally they divide the votes and it will help to bring RSS terrorists.
Selfish fellows never think of their community.

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News Network
January 15,2020

Mangaluru, Jan 15: A 28-year-old man, who is a first-year MBBS dropout, was arrested by the police after he posed as a doctor and treated patients at a private hospital at Derlakatte on the outskirts of the city.

The arrested has been identified as Mohammed Habib Hussain, a native of Shivamogga, who was residing in Attavar, Mangaluru. He had discontinued studies after the first year due to personal reasons.

The incident took place on Sunday night  at Yenepoya Medical College, Derlakatte. Dr Sampathila Padmanabha, medical superintendent, Yenepoya Medical College, said the accused had come to the medical college at midnight on December 29.

After speaking to the security guard at the hospital entrance, he introduced himself as an assistant to the consulting urologist, and wanted to visit patients at the private ward situated at floor number 7.

After entering, he called the duty nurse to get case sheets. Later, he examined two women patients in the presence of the duty nurse, and also wrote a prescription on the patient case sheet. He also yelled at a nurse, saying that she isn’t doing her duty properly, and left the place.

However, the nurse who grew suspicious, informed the management, after the accused had left the place. The management, who crosschecked about the accused, found out that he is not a doctor, and that he is also not associated with the hospital.

The management sent an advisory to all employees to produce their identity cards, whenever they enter any wards, especially at night, and also to keep an eye on anyone suspicious. The same message was passed on to other hospitals in the vicinity.

The accused again showed up at the hospital on Sunday night. As security guards were told about strangers visiting the hospital in the guise of doctors, he was allowed to enter the hospital premises, so that he can be apprehended. He later went to the reception counter and queried about the consultant urologist. When he noticed that the staff had an idea about what was happening, he tried to flee from the spot. He was later caught by a security guard, and the police were informed. He was arrested by Ullal police station personnel.

Dr Padmanabha added that he used to roam around with his friend in a car. He was also involved in a similar incident at a private hospital in Kankanady, and the same has been informed to the police. He visited hospitals in a car, which has been seized by police.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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News Network
February 18,2020

Bengaluru, Feb 18: Passengers of the Ahmedabad bound GoAir flight had a providential escape when the engine of the aircraft while on the roll of take-off hit by a foreign object at the Kempe Gowda Bengaluru International Airport on Tuesday.

'The right engine of GoAir flight G8 802 from Ahmedabad to Bengaluru is suspected to have suffered from foreign object damage (FOD) while on take-off roll,' an official statement said.

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