Jubail chapter of Bearys Chamber of Commerce & Industry launched

coastaldigest.com web desk
November 23, 2019

Jubail, Nov 23: The Jubail chapter of Bearys Chamber of Commerce and Industry was launched in the presence of around 200 prominent Beary businessmen and industrialists in a formal programme at the auditorium of Intercontinental Hotel, here on Thursday, November 21.

Delegates from India and UAE too were part of the event apart from Beary businessmen from different parts of Saudi Arabia including Jubail, Dammam and Al-Khobar.

BCCI president SM Rashid Haji, who presided over the ceremony, formally inaugurated the Jubail chapter by playing a video. Speaking on the occasion, he threw light on the significance of BCCI.

He said that the launch of Dubai and Jubail chapters of BCCI indicates its popularity and significance beyond India. He hoped that in the days to come BCCI may grow to such an extent that it may create 50 lakh job opportunities.

Giving a pep talk to the businessmen, BCCI executive committee member Khasim said that one should not ignore moral values and principles while doing business and spending money.

Another BCCI executive committee member Asif Amaco made a presentation about the need of building a strong network wherein he urged Beary businessmen to come together and cooperate for each other’s growth.

BCCI General Secretary Imthiyaz explained about the activities and achievements of BCCI.

The programme commenced with the recitation of Quranic aayaat by Aqil Farooq followed by its translation Daanish Ahmed. Basheer NCMS welcomed. Farooq Asisco proposed vote of thanks. Mohammad Fairzo, Danish and Nayaz Kaisar compered the programme.

BCC vice president Zakariya Muzain, BCCI Dubai chapter president SM Basheer, and BCCI member Ashraf Expertise also spoke on the occasion. Beary entrepreneurs Abdul Rauoof Puthige, Sheikh Expertise, Mansoor, Mumtaz Ali, Iftikhar UT, Abdul Razzak Bahrain, Abdul Hameed Kuwait and Abdullah Monu Qatar were present among others.

https://www.youtube.com/watch?v=pUg2w6B-a4w

Comments

mbeary
 - 
Monday, 25 Nov 2019

i hav heard about BCC only when they do functions like this. i hav not heard about stories of how they have improved a life of a unemployed youth or how they have helped a poor person to establish business. I think BCC must enlighten about their activities. Also probably enlighten the masses about how such functions and airfare's for mlore to jubail flights are being funded. The basic point is that peoples money should not be wasted just for a photo op or  giving platform to some business people. Rather educate our business people about good ethics in business. To clear all their bank loans, to complete all pending projects on time

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News Network
March 31,2020

Bengaluru, Mar 31: The total number of confirmed cases of coronavirus in Karnataka rose to 98 on Tuesday, according to the state government.

This includes 3 deaths and 6 patients who were cured and discharged, leaving the active cases to 89.

Meanwhile, Karnataka Home Minister Basavaraj S Bommai said that his government has succeeded in tracking more than 24 people in Bengaluru, who attended the Tablighi Jamat event in Delhi held earlier this month.

"Over 24 people, who attended Tablighi Jamaat event in Delhi, tracked in Bengaluru. We have quarantined 54 people. 8 people also in Bidar. 1 person found positive in Bidar and we have quarantined him. There are people who attended jamaat from almost all districts of the state," Bommai told news agency here.

Delhi's Nizamuddin area emerged as a hotspot after a religious meeting was held at Markaz by the Tableeghi Jamaat earlier this month, and several COVID-19 positive cases have been found among those who attended the gathering.

At least 24 people staying at Markaz building in Nizamuddin area of the national capital have tested positive for coronavirus, Delhi Health Minister Satyendar Jain on Tuesday.

"All of them are being screened. We are not certain of the number but it is estimated that 1500-1700 people had assembled at the Markaz building. 1033 people have been evacuated so far - 334 of them have been sent to the hospital and 700 sent to quarantine center. A total of 24 positive cases have been found so far," he said while speaking to reporters here.

The minister also slammed the organizers of the religious event saying that they have committed a grave crime.

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News Network
July 26,2020

Bengaluru, Jul 26: A year-long probe by Coffee Day Enterprises Ltd (CDEL) has found that its late founder V G Siddhartha routed Rs 2,693 crore out of the company to Mysore Amalgamated Coffee Estates Ltd (MACEL), another privately-owned entity of him.

The MACEL owes Rs 3,535 crore to subsidiaries of Coffee Day Enterprises as of July 31, 2019 of which only Rs 842 crore was accounted.

"Therefore, a sum of Rs 2,693 crore is the incremental outstanding that needs to be addressed," said the report of an investigation headed by Ashok Kumar Malhotra, a retired DIG of Central Bureau of Investigation (CBI) and assisted by law firm Agastya Agastya Legal.

Siddhartha was found dead in early August 2019, and many suspected that he had committed suicide.

Steps are being taken by subsidiaries of CDEL for recovery of dues from MACEL, the company said.

"The board authorised the Chairman to appoint an ex-judge of the Supreme Court or the High Court, or any other person of eminence, to suggest and oversee actions for recovery of the dues from MACEL and to help on any other associated matters," it said in regulatory filings at stock exchanges late on Friday.

The probe further gives clean chits to the Income Tax Department and the private equity firms who Siddhartha in his parting letter had alleged of harassment.

"We have not been provided with any documentary evidence to draw an inference that there may have been any advertent or inadvertent harassment from the Income Tax Department," said the probe report.

The probe also highlighted severe liquidity crunch at CDEL in the build-up to Siddhartha's death.

A committee supported by senior professionals was formed to protect the interest of all stakeholders. CDEL said the debt levels which were about Rs 7,200 crore on March 31, 2019 have been brought down significantly by Rs 4,000 crore. The present debt of the group is around Rs 3,200 crore.

"The disinvestment process in the group continues and we are confident to have effective solution to all stakeholders," it said.

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News Network
February 6,2020

Bengaluru, Feb 6: Chief Minister B S Yediyurappa inducted 10 BJP MLAs to his Cabinet here on Thursday. They are among the 17 Congress-JD(S) MLAs who defected last year.

The much-delayed expansion came almost two-months after the MLAs won the bypolls held in December. During the period, the defectors camp exerted pressure on Yediyurappa to expand the Cabinet and include all the MLAs who contested the bypolls.

The new ministers sworn in are S T Somashekar, Ramesh Jarkiholi, Byrati Basavaraj, K Gopalaiah, B C Patil, Dr K Sudhakar, Shivaram Hebbar, Anand Singh, Narayana Gowda and Shrimanth Patil.

One of the 11 MLAs from the defectors camp, Mahesh Kumathalli was not inducted as he hailed from the same constituency as Deputy Chief Minister Laxman Savadi. Three others, MTB Nagaraj, H Vishwanath and R Shankar are likely to be inducted in June.

Governor Vajubhai Bala administered oaths to the new ministers at Raj Bhavan, where hundreds of supporters came to witness the event. Authorities had also beefed up security arrangements outside Raj Bhavan for the ceremony.

Earlier, Yediyurappa was to induct 10 newly-elected MLAs and three old-timer BJP MLAs. But on Wednesday evening, the BJP's central leadership stepped in to decide that only 10 newly-elected MLAs should be inducted after disgruntlement surfaced among BJP MLAs over former minister C P Yogeeshwar's induction.

Several MLAs led by chief minister's political secretary MP Renukacharya had raised a hue and cry over allotting berths to those who lost Assembly polls. A group of 13 to 15 MLAs had also demanded adequate representation to Kalyana Karnataka region, alleging that the new Cabinet had excess representation from few districts of Karnataka, such as Bengaluru Urban and Belagavi.

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