Mangaluru-Moodbidri road to be made four-lane; Shiradi road to be concretized

coastaldigest.com news network
August 1, 2017

Mangaluru, Aug 1: Finally, the union government has identified eight major highways in Karnataka for development under Sagarmala scheme.

Sagarmala project, unveiled by the NDA government, aims to take up port-led development including widening of port-connecting highways for smooth movement of trucks.

Projects identified in the state are: building six lanes of Hubballi-Ankola highway, laying concrete road at Shiradi Ghat on Mangaluru-Bengaluru highway, constructing four lanes of Tumakuru-Honnavar highway from existing two lanes, upgrading Belagavi-Panaji and Mangaluru to Moodbidri from existing two lanes to four lanes, developing Haveri-Yekambi-Belekere port road, building expressway from Whitefield Industrial Cluster to Chennai and Enyam port in Tamil Nadu and upgrading of National Highway-65 from Ballari to Krishnapatnam port in Andhra Pradesh.

The Ministries of Shipping and Road Transport and Highways will jointly implement the project and 79 port-connecting roads across the country, including eight roads in Karnataka will be developed, Minister of State for Shipping Mansukh Lal Mandaviya informed the Rajya Sabha on Monday.

The Centre will spend Rs 8 lakh crore under Sagarmala over the 20 years period, which also includes developing of industrial cluster near ports and building smart cities.

Comments

Syed
 - 
Tuesday, 1 Aug 2017

Good News....please complete the sanctioned projects like flyovers,service roads, foot paths ect etc...under contruction projects are still not completed. look at thokkottu junction a small example. So Please Union Govt. dont waste the tax payers money without completing the ongoing projects.

 

People of this country are fed up with BJP Govt, like subsidy cut, new tax rule GST, toll booths without completing the road rpojects, de-monitization,price hike etc etc....

 

nanndondu dhikkara union govt ge.

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News Network
May 24,2020

Bengaluru, May 24: A couple got married in Bengaluru today, even as Karnataka government has announced a complete lockdown on Sundays, as part of the fourth phase of COVID-19 shutdown till the end of this month.

The marriage ceremony on this Sunday was possible thanks to a clarification given by the state government for marriages, which has been already scheduled for May 24 and May 31 to be exempted from the Sunday complete lockdown.

At today's wedding, the rituals were performed with compliance of all guidelines including ensuring social distancing and capping the number of guests at 50.

Satish, the groom said, "Government has allowed weddings with up to 50 people in attendance but we decided to invite only 25 people to the ceremony".

Meanwhile, in the Honnali Honnali area of Davanagere, BJP MLA MP Renukacharya distributed masks to three newly-wed couples.

As per an earlier advisory issued by the State government more than 50 guests, no air conditioning, and the consumption of liquor and paan are among the guidelines to be followed for holding weddings in the state. Also, people aged above 65 and below 10 as well as pregnant women have been barred from participating in the event.

According to the advisory, sanitisers should be provided at the entry and other appropriate places at the venue. Also, thermal screening of all persons shall be conducted at the entry of the venue. The scanner should be held 3-15 cms away from a person's forehead.

Apart from this, the venue shall be "clean and hygienic," and a "nodal person shall be identified for overseeing the arrangements and coordination at the venue." Also, a list of attendees with contact details has to be maintained and all guests should have downloaded Aarogya Setu app.

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News Network
March 30,2020

Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."

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News Network
June 3,2020

Bengaluru, Jun 3: The Karnataka Institute of Medical Sciences at Hubballi has successfully treated a COVID-19 patient through plasma therapy, state medical education minister K Sudhakar said today.

"Karnataka achieves yet another milestone in battle against #COVID19. KIMS Hubli has successfully treated a Covid19 patient through Plasma Therapy & is the first institute in the state to accomplish this. Congrats to KIMS doctors & staff for this feat!" Mr Sudhakar tweeted.

In plasma therapy treatment, plasma cells from a COVID-19 patient, who has recovered from the disease, is transfused to a coronavirus patient who is in critical condition to treat him.

Plasma therapy was effectively used in the past during Ebola and the Spanish flu pandemic.

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