Is Ivan D 'Souza a victim of Catholic politics ' in Congress?

[email protected] (CD Network)
June 18, 2014

IvanLoboFernandis

Mangalore, Jun 18: The long-cherished hopes of Congress leader Ivan D 'Souza of being nominated as a Member of Legislative Council seem to have been dashed due to the intense lobbying by delegations led by fellow party leaders against his nomination.

Although Chief Minister Siddaramaiah had reportedly finalised the nomination of Mr D 'Souza, a Catholic leader, as an MLC, the nomination list had to be amended on the recommendation of party supremo Sonia Gandhi after certain local party leaders belonging to same community opposed the nomination.

It is said that delegations led by AICC general secretary Oscar Fernandes and Mangalore South MLA J R Lobo had opposed the nomination of Ivan D 'Souza as an MLC.

Despite assurances by Siddaramaiah, who had approved nominating Mr D 'Souza as an MLC apparently due to their shared connection in the past as members of Janata Parivar, the latter had to forego his dream to be nominated to the legislative council.

Mr D 'Souza had previously contested from Dakshina Kannada in the assembly elections in 2008 and had lost. Having denied the ticket in the next assembly elections in 2013, he had been aspiring to rise to a prominent position in the party by being nominated to the legislative council.

However, no sooner than his name had been doing the rounds to be nominated as an MLC, the faction of party workers led by J R Lobo paid a visit to the state in-charge Digvijay Singh urging him to consider nominating a Congress leader from the Hindu or Jain community.

A disheartened Ivan D 'Souza said that he had been robbed of an opportunity to serve the people of Dakshina Kannada due to inner politics in the party.

Meanwhile, Mr Lobo denied that he and fellow party workers had lobbied against the nomination of Ivan D 'Souza. “Rather, we have urged the state in-charge of party affairs Digvijay Singh and former minister Oscar Fernandes to consider the names of deserving party leaders such as former MLA Vijaykumar Shetty and Suresh Ballal for the legislative council,” he said, indicating that it had nothing to do with communities.

Meanwhile, sources within the Congress party in Mangalore said that few prominent Catholic political leaders in coastal Karnataka were trying to curb alternative political leadership in their community. The Janata Parivar link of Mr D 'Souza is also said to be one of the reasons for other local Congress leaders ' effort to isolate him in the party.

Comments

francis
 - 
Sunday, 12 Jun 2016

Holy Father
You are the tree and cardinal bishops are trunk and we are branches.Then why we lay people rights are not considered by Mumbai church
From last several years I am fighting for transparency in Funds collected by Church .Mumbai Church is full of news about land selling to builders,demanding donations,Not giving records of fund collected
Why Holy Father instead of giving instruction does not come heavily on those who go against Church teachings.Why we are tutored like child that God is merciful and we can go on sinning The first trunk part that will crack is Mumbai archdiocese.
My Church Nativity of Lord kandivali east Mumbai collects building fund of rs two lacks from public every month .The priest refuses to give balance sheet showing where cores from last seven years or more kept .We want to know which banks hold this money .We want expenditure /income details from start of fund.This father has completed five years then why he is not transferred .Should I believe their are God Father?Our Church is closed full day on Monday ,No mass.Why one assistant not given to this church as we have seven hundred families.
The contribution to fund is volantary but they hane made cumpolsary by closing nose saying no minority/baptism /mariage certificate be given unless latest reciept of contribution to fund is shown
Holy father has to act against Arch bishop as my letters fall on deaf ear

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 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.

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 16,2020

Bengaluru, Jan 16: Former chief minister Siddaramaiah and other leaders are likely to make the final decision on the name of the next Congress president of Karnataka soon, said party leader Dinesh Gundu Rao on Thursday.

"He (Siddaramaiah) has met all the leaders and I think soon they will make a decision. It has already been delayed, it should not have been delayed so much. I am sure high command will take a decision on this," Rao told reporters here.

Both Siddaramaiah and Gundu Rao had resigned from their posts, Leader of Congress Legislature Party and KPCC president, after the party's drubbing in the bye-elections held for 15 Assembly seats last year.

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 27,2020

Abu Dhabi-based NMC Healthcare has reportedly received bids to sell its distribution unit and will soon be selling it to different parties.

The development comes over three months after NMC Healthcare’s founder and then-chairman B R Shetty stepped down amid allegations of massive fraud. 

The company, which recently laid off hundreds of workers, is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations. In addition, this stake sale will help the company pay off some of its debt

"There are parties who have strong interest in the distribution business. NMC will be offloading the unit soon and that also to different parties," a source said.

"The company is in the process of exploring options for NMC Trading, the group's distribution business, which it has determined to be non-core and requiring substantial levels of working capital. The process should not materially adversely impact distributors' activities, nor NMC Trading's customers," an NMC Healthcare spokeswoman said.

The UK-court has appointed Alvarez & Marsal as administrator to oversee the operations of the debt-ridden hospital operator. The healthcare firm has been caught in a whirlpool of $6.6 billion debt while its senior former high management team is under investigation for financial irregularities.

The UAE Central Bank has direct local banks to freeze all bank accounts of NMC founder BR Shetty and his family members as well as accounts of those companies where he has a stake. The Central Bank move is subsequent to a criminal complaint filed by Abu Dhabi Commercial Bank, which has the largest exposure to NMC Healthcare, amounting Dh3 billion.

As the company faces financial difficulties, Reuters reported that NMC Health delayed May staff salaries and now expects to complete making payments by the first week of June.

The spokeswoman said: "The company has been in regular dialogue with its creditor constituencies through various creditor committees, including the direct bank lenders to its NMC Trading businesses."

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.