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Mangalurean Vibhali Shetty wings ‘Sharjah Award for Excellence in Education’ 2018-19

Shodhan Prasad
May 19, 2019

Sharjah: Prestigious ‘Sharjah Award for Educational Excellence 2018-19’, is presented to the country's highest-rated students every year and this year it has been awarded to 9th Grade student Vibhali Shetty of our Our Own High School (girls) Sharjah.

Mangalurean Vibhali Shetty is the daughter of businessman father Prasad Shetty who runs Rajab Trading Company and mother Suraksha Prasad Shetty, who is a Design Manager and Senior Architect at Semac Consultants, Dubai. Father a native of Udupi and mother from Surathkal are currently residents of Sharjah.

The Sharjah Award for excellence was launched in 1994-95 under the patronage of His Highness Sheikh Dr Sultan Bin Mohammed Al Qasimi, Member of the Supreme council and Ruler of Sharjah.  This Award is the first educational award in the UAEwhich is focused to honor and recognize outstanding individuals in education field and promote a culture of excellence.

The Award ceremony was held at the Jawaher Reception & Convention Centre, Sharjah on 1st May 2019, presided by the Crown Prince of Sharjah, Sultan bin Mohammad Bin Sultan Al Qasimiwho handed over the award to Vibhali Shetty. The members of the Royal Family and several other dignitaries were also present during the ceremony.

An ecstatic Vibhali said “I am excited to receive this award on the 25th year of the award cycle. My hard work made me achieve commendation in academics throughout the years. This has been accompanied by my passion for extracurricular activities such as dancing, singing, drawing and other skills like abacus and public speaking. The award made me realize that excelling in academics is not the only criteria of achievement in a student’s life.Sharjah award is a great motivation and a symbol of encouragement. Winning the award gives me great pleasure and satisfaction. I sincerely thank His Highness Sheikh Dr. Sultan Bin Muhammed Al Qasimi, Ruler of Sharjah for sowing the seed into each and every student’s mind about excellence in education”

Vibhali Shetty has several achievements and has won very many accolades some of which are here below:

Ministry of Education, UAE - Awarded Merit Certificate for scoring 94.6% in the year 2016-17

Received Commendation Certificate from Our Own English High School, Sharjah 2016-17

Received Commendation Certificate from Our Own English High School, Sharjah 2015-16

Received Commendation Certificate from Our Own English High School, Sharjah 2014-15

Initiated ‘Can Collection Campaign 2015’ and contributed to environment

Initiated ‘Neighborhood Recycling Campaign 2015 & 2016’ and contributed to environment

Initiated ‘Recycle Repeat Reforest 2016-17 Campaign and contributed to environment

Participated in ‘World Environment Day 2016’ and contributed to environment

Received Certificate of Appreciation from Students for the Earth Youth Group UAE

Participated in ‘Treat for the Planet’ Drive 2016 and received Certificate of Appreciation

Participated in ‘For Our Emirates We Plant’ Ceremony and planted a tree in my name for EEG

Received ‘Certificate of Participation’ for achieving 500 kgs. of newspaper for Recycling Project 2015

Received ‘Certificate of Participation’ for collecting 502 Kgs. Of newspaper & 50 kg. Aluminum Cans

Received ‘Certificate of Appreciation’ for collecting 27.5 Kgs. Of Aluminum Cans during Campaign

Received ‘Certificate of Appreciation’ for participation in ‘Recycle Reforest Repeat Project 2016’

Received ‘Certificate of Appreciation’ for participation in ‘Recycle Reforest Repeat Project 2017’

Received rewards for highest target in newspaper & can collection in the month of August 2016

Volunteered in ‘Earth Hour Celebration’ and participated in Walkathon 2016

Participated in ‘Clean-up World’ Campaign 2016

Received ‘Certificate of Appreciation’ for participation in Recycle-thon 2016

Received ‘Certificate of Appreciation’ for organizing the book donation by Indian Association Sharjah

Appreciated for the fund raising campaign which raised $.110 for buying mosquito nets in Africa UNO

Organised ‘Giving is living’ Event in Karnataka and donated uniforms, books to Madrasa Students

Mentored a child in neighborhood and helped that student in her studies

Organised ‘Special Deeds for Special Needs’ campaign and collected sports items to Manzil

Received ‘Certificate of Appreciation’ for ‘Back to School’ Campaign and noted School Bags/Water Bottles

Received ‘Certificate of Appreciation’ for participating in ‘Sweet Smile with a Small Gift’ campaign

Received ‘Social Soldier Certificate’ for volunteering in ‘Go Humane’ Ifthar distribution

Received Certificate for volunteering in ‘Back to School Edition’ of Dubai Cares

Received Certificate of Appreciation for participating in ‘Spread the Taste, Stop the Waste’ Campaign

Received Certificate of Appreciation for participating in ‘Hospitality Matters’ Charity Campaign

Member of the School Parliament at Our Own English High School, Sharjah

Team Leader of Students for the Earth Youth Group ‘Students for the Earth’

Trained in Dance – both Contemporary & Bharatanatyam

Performed in various stage shows and private functions

Received ‘Certificate of Merit’ for the performance in Global Village during 2017

Received ‘Certificate of Merit’ for the performance in Global Village during 2016

Won first in Folk Dance Competition by Santhwanam Youth Fest 2016

Received ‘Certificate’ for completing 3rd level UC Dino Art program in 2017

Received ‘Certificate of Achievement’ for participating and winning various drawing competitions

Received ‘Certificate of Achievement’ for participating & winning in various Public Speaking Competitions

Received ‘Certificate of Achievement’ for participating & winning various singing competitions

Trained in Abacus and completed ten levels at Brainobrain International and received recognitions

Silver Topper at International Abacus Competitions during 2016

Received ‘Certificate of Appreciation’ winning second place in ‘My Green Ramandan’ Contest 2016

Received ‘Certificate of Appreciation’ for participating in UAE National Day Parade

Received ‘Certificate of Appreciation’ for participating in Recyclathon Run 2016

Comments

basheer ahmed
 - 
Sunday, 19 May 2019

 Proud to see her achivements. May GOD bless her.

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News Network
August 3,2020

Bengaluru, Aug 3: A building of Bengaluru's civic body, Bruhat Bengaluru Mahanagara Palike (BBMP), on Broadway Road in Shivajinagar, is being developed into a COVID dedicated hospital with 200 beds, Karnataka Medical Education Minister K Sudhakar said on Sunday.

The hospital will be functional in two weeks, said Sudhakar.

"BBMP building in Broadway Road is converted into Covid hospital. Setting up of infrastructure like beds, ventilators, oxygen etc is underway.

All necessary staff for this hospital including doctors, nurses and paramedical staff have been already deployed and the work is on fast track," Sudhakar tweeted.

He also thanked Infosys foundation and it's Chairperson Sudha Murthy for immediately responding to government's request and providing infrastructure for this hospital.

In a tweet, Sudhakar thanked the doctors for their service to combat COVID-19 in the state.
"These doctors have extended helping hand in these corona times without any expectations. I salute their spirit of service and professionalism," Minister said in a tweet.

According to the Union Health Ministry, there are 1,34,819 COVID-19 cases in the state. 

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News Network
February 19,2020

Feb 19: Bavaguthu Raghuram Shetty was once a typical billionaire with a taste for the high-life.

He splurged on a private jet, vintage cars and two entire floors of the Burj Khalifa, the world’s tallest skyscraper. His website shows him hobnobbing with politicians, Bill Gates and Bollywood royalty.

“The thrill of speed and freedom makes me love cars,” Shetty, 77, told local reporters last year.

Shetty had more than enough money -- at least on paper -- to afford such a lifestyle from companies he helped found, including hospital operator NMC Health Plc and financial services firm Finablr Plc. On Dec. 10, his stakes in the public companies were valued at $2.4 billion, making up the bulk of a fortune spanning education, hospitality and one of the world’s oldest tea companies.

Then, a week later, Carson Block came along.

Block’s investment firm, Muddy Waters, issued a report criticizing NMC’s accounts and disclosing a short position. Since then, Muddy Waters’s scrutiny has snowballed into a troubling scenario for Shetty that sheds light on his complex share arrangements and casts doubts about his net worth. His holdings in Finablr and NMC are worth $885 million, but Shetty’s fortune may now be just a fraction of that, depending on the size of his borrowings.

Filings this month show that Shetty pledged a quarter of his NMC stake against loans with First Abu Dhabi Bank and Zurich-based Falcon Private Bank. Two other shareholders may own half of his reported stake. Another lender -- Al Salam Bank Bahrain -- has already sold some of those shares to enforce security over a loan for Shetty, and NMC said Tuesday that First Abu Dhabi Bank sold another chunk earlier this month.

The situation “seems to have gone beyond some of the issues that Muddy Waters focused on initially,“ said Gavin Launder, a fund manager at Legal & General Investment Management, who owned shares in NMC until October. “The increased scrutiny has unearthed other issues.”

Law firm Herbert Smith Freehills has launched a review of Shetty’s holdings at his request, a spokesperson for the Indian-born businessman said, declining to comment further until the analysis is completed. Shetty resigned Sunday as NMC’s chairman.

In its Dec. 17 report on NMC, Muddy Waters hinted at potential overpayment for assets, inflated cash balances and understated debt. Shares of the United Arab Emirates’ biggest private health-care provider have since plunged 67%, and the firm is now the focus of takeover speculation. The sell-off also spread to Finablr, whose stock has tumbled 64% in that span.

NMC has disputed Muddy Waters’s claims, and the company hired former FBI Director Louis Freeh to conduct an independent review of the short seller’s allegations. Meanwhile, local regulators “are making inquiries with the relevant parties,” a spokesperson for the U.K.’s Financial Conduct Authority said.

Shetty is hardly the only ultra-wealthy person to leverage his assets. Elon Musk has used his shares in Tesla Inc. to obtain personal loans, while Oracle Corp. Chairman Larry Ellison has put up millions of the company’s shares to fund a lavish lifestyle that includes trophy properties, America’s Cup teams and the Indian Wells tennis facility in California.

But such deals can also sour, as demonstrated by Shetty’s lenders selling shares his investment firm pledged. He and his advisers are investigating details of the sales as part of their legal review, according to filings.

To complicate matters, Shetty pledged another batch of NMC stock in 2018 as part of a so-called equity collar arrangement with Goldman Sachs Group Inc. that uses options to limit the impact from share moves. Last month, he also pledged most of his stake in Finablr to refinance a loan from the company’s takeover of foreign-exchange firm Travelex for about $1.2 billion.

BRS Ventures Investment, the UAE-based holding company for most of Shetty’s assets, doesn’t report consolidated financials, preventing a complete analysis of his net worth. His other assets include a catering company, a waste-management firm and pharmaceutical business Neopharma, which four months ago was in the early stages of planning for an initial public offering.

Block, 43, earned his reputation as a short seller a decade ago through targeting U.S.-listed Chinese companies that he claimed were frauds. More recently, his San Francisco-based firm focused on British litigation-finance firm Burford Capital Ltd. and Japanese biotech stock PeptiDream Inc. Short sellers seek to benefit from a decline in a company’s share price.

Shetty founded NMC in 1975 after moving to Abu Dhabi from his native India. He created Finablr two years ago to consolidate his financial brands before listing it on the London Stock Exchange in 2019.

Block said he didn’t anticipate NMC’s shareholding drama.

“I wouldn’t have been able to predict that we’d get these bizarre disclosures about unclear share ownership coming out of the company,” he said in a Feb. 13 phone interview. “This has been obviously a more dramatic unraveling than we usually see.”

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coastaldigest.com news network
May 28,2020

Mangaluru/Udupi, May 28: Coastal Karnataka witnessed further spike in covid-19 cases today with 27 people testing positive for coronavirus in Udupi and six in Dakshina Kannada. 

Among 27 coronavirus patients in Udupi 18 are males and 9 females. Among them 24 have come from Maharashtra, two from Telangana and one from Kerala. All of them were under quarantine.

As many as 147 confirmed cases of coronavirus have been reported so far in the district, including a death. Three have recovered, and 143 are active.

In Dakshina Kannada, 2 females aged 18 and 62, and four males aged 25, 36, 50 and 61, are the ones to be tested positive. All the six persons to test positive are Maharashtra returnees.

With this, the number of cases in DK has increased to 87, out of which 51 are currently active. As many as 29 persons have recovered and been discharged, and seven deaths have occurred so far.

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