LS bypoll: Yeddyurappa confident of his son Raghavendra’s victory in Shivamogga

News Network
October 8, 2018

Shivamogga, Oct 8: Karnataka BJP chief and former chief minister B S Yeddyurappa breathed a sigh of relief after the district committee of the saffron party passed a unanimous resolution proposing his son B Y Raghavendra as the candidate for the byelection to the Shivamogga parliamentary seat.

Mr Raghavendra’s name was proposed by K S Eshwarappa, Shivamogga MLA. The proposal was seconded by M B Bhanuprakash, former MLC. Eshwarappa had earlier stated that there were multiple aspirants for BJP ticket for Shivamogga parliamentary seat. However, at the district committee meeting on Sunday, only Raghavendra’s name came up for discussion.

Mr. Eshwarappa told presspersons later that the name of Mr Raghavendra would be sent to party’s State committee. He is likely to file his nomination papers on October 15.

Speaking to presspersons later, B S Yeddyurappa, who had chaired the meeting said that the BJP camp in the district was in a positive frame of mind following its impressive performance in the recent elections for State Assembly and Shivamogga City Corporation. He expressed confidence that, Mr. Raghavendra would win the byelection by a huge margin.

D H Shankaramurthy, former Chairman of State Legislative Council; S. Rudre Gowda, president of party district unit; H. Halappa, Kumar Bangarappa, Araga Jnanendra and K.B. Ashok, MLAs were present in the meeting.

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Danish
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Monday, 8 Oct 2018

Another looter from looter family

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News Network
January 30,2020

Mangaluru, Jan 30: A dentist has been arrested by the Dakshina Kannada district police on charge of sexually harassing a woman patient during treatment at a hospital in Beltangady taluk.

The accused has been identified as Dr Sudhakar. He is facing charges under section 354, 354A(1)(I) of IPC.

The incident occurred yesterday when a local woman had been to the government hospital at Kasaba village in Beltangady for dental treatment.

According to the woman, Dr Sudhakar deliberately touched her body inappropriately and sexually harassed during treatment.

The shocked woman went to the jurisdictional Beltangady police station and lodged a complaint. The doctor was arrested and produced before the court.

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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 29,2020

Mysuru, Feb 29: Tension prevailed at Tandavaput Industrial Area in Nanjangud taluk, Mysuru when a paper factory received a bomb threat call, which later turned out to be a hoax call.

The police said that the authorities of Rajshil Papers received a bomb threat call in the morning. After getting the information, the bomb detection squad rushed to the spot and inspected the factory premises and declared that it was a hoax call.

According to the police, an unidentified person called from his mobile, which is now switched off.

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