Karnataka cabinet okays B R Shetty's super speciality hospital in Udupi

[email protected] (CD Network)
August 26, 2016

Udupi, Aug 26: NRI billionaire B R Shetty, who is considered as a giant in the United Arab Emirates' health care sector, is all set to build a super specialty hospital in Udupi district in memory of his mother late Koosamma Shetty.shetty br

BRS Ventures Pvt Ltd owned by Mr BR Shetty will now develop a 70-bed hospital adjacent to the community health center at Moodanidambur village of Udupi and expand it to a 200-bed super specialty maternity and pediatric hospital.

The Karnataka state cabinet on Wednesday gave its in-principle approval to provide land for the hospital. According to law minister T B Jayachandra, Mr Shetty wanted to take up the philanthropic work in memory of his mother who was born in Udupi.

The hospital, which was constructed under the Rajiv Arogyashree Scheme a few years back, was due for expansion and Mr Shetty decided to pitch in.

The project has been handed over to Shetty along with three additional CA sites in and around the hospital for the expansion. The hospital is being handed to Mr Shetty on a lease period of 30 years.

On the price restriction, after it is privatised, the government has decided to set up a committee under chairmanship of health secretary for the duration of the lease period.

The committee is also going to keep a watch on the land holding, which is being leased out to the private company.

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Sudeep
 - 
Friday, 26 Aug 2016

true business man, hitting the news in every intervals.

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News Network
April 27,2020

Thiruvananthapuram, Apr 27: Kerala Chief Minister Pinarayi Vijayan on Sunday said the issue of return of Non-Resident Keralites (NRKs) to the state has been taken up with the Centre and the state government is awaiting a favourable response.

Vijayan said this in a meeting with Non-Resident Keralites over steps taken by the state government for those wishing to return to the state from foreign countries.

The Chief Minister announced that the Department of Non-Resident Keralites Affairs has opened online registration for such NRKs.

"Those returning should undergo screening at airports. All those returning should undergo mandatory home quarantine for 14 days.

Arrangements of isolation wards will be provided for those unable to go home," said Vijayan.

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News Network
January 30,2020

Bengaluru, Jan 30: Karnataka Chief Minister B S Yediyurappa, who reached the national capital on Thursday, said he will discuss the much-awaited Ministry expansion with the BJP high command.

"It's been long that I visited Delhi. I will meet the party national president J P Nadda and Home Minister Amit Shah and take their suggestions on the cabinet expansion," Yediyurappa told reporters.

The chief minister said he will also call on Finance Minister Nirmala Sitharaman and Petroleum Minister Dharmendra Pradhan and discuss about development issues related to Karnataka.

Yediyurappa has been anxiously waiting for the high command's nod to expand his ministry amid intense lobbying by the aspirants.

Opposition parties have been critical of the BJP and Yediyurappa over the delay in cabinet expansion, alleging that he was weak and that the administration had collapsed.

As the chief minister has already made it clear that 11 of the disqualified JDS-Congress MLAs who got re-elected in the bypolls on BJP tickets will be made ministers, lobbying has been on in the party for the remaining ministerial berths.

Currently, there are 18 Ministers, including the chief minister in the cabinet that has a sanctioned strength of 34. Sixteen berths are vacant.

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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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