Mangaluru: Cops open fire at saffronite rowdies in self-defence; arrest one

coastaldigest.com news network

July 9, 2019

Mangaluru, Jul 9: The Mangaluru city police today opened fire when three notorious rowdies having links with several saffron outfits allegedly attacked them in an attempt to evade arrest near Adyar on the outskirts of the city.

One of the rowdy-sheeters who tried to attack cop has been identified as Bhavith Raj. He was among the three miscreants who had tried to kill a Muslim mango trader in the wee hours of Sunday near Kulshekhar Chowki. Though the trader Umar Farooq was transporting mangoes in a goods truck, Bhavit and the two other saffronites had accused him of transporting cattle and assaulted with a sword. The policemen who later visited the spot had confirmed that Farooq was transporting mangoes and not cattle.

This morning a team of police waylaid the car of the accused in the case on a narrow road near Adyar. To evade arrest the occupants of the car allegedly attacked cop with knife and machete. However, the cops managed to arrest Bhavit from the car after opening fire in self-defiance. Two others managed to escape.

According to police sources, Bhavit is already facing eight criminal cases including murder attempts. Mangaluru city police commission Sandeep Patil visited the spot after the incident.

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Well done Sir. Such criminals should not be allowed to live. Encounter is the only solution which will give good lesson to ther rowdies. These rowdies had planned to kill the mango trader in the name of Cow. However, the trader is lucky to survive. Thanks for God. The escaping rowdies should be arrested immediately and harsh punishment like encounter or life imprisonment should be given. We have observed that some innocents are being shot by police whereas they did not shot down these rowdies.

Well done sir. Great job. But you could have done one thing. Instead of wasting bullet & govt. food in Jail, you should have encountered them. They deserve that. At least good people can live in peace.

No waste the bullet and time encounter nd finish the chapter. Dakshina Kannada not require such incidents

any more.

Jai Hind Jai Tulunaad

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LIC will be IPO of the decade, akin to Saudi Aramco listing: Experts

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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Covid-19: Landlord Mohammad Hasan waives rent for 21 shops, 12 houses in Bantwal

News Network

April 23,2020

Mangaluru, Apr 23: Playing the role of a good samaritan, the owner of a commercial complex and houses has waived off a month’s rent at Panemangalore in Bantwal.

B H Complex owner Mohammed Hassan has waived the rent of 21 shops and 12 houses in the complex. Due to Lockdown, people are without jobs and are struggling to eke out a living and Mr Hassan's good gesture helps them.

Hailing from Barimaru, Mr Hassan, who was working in foreign country, has come down and settled here. He had constructed houses and commercial complex and was living on the rent he was receiving.

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