Meeting with Modi: Muslim delegates shocked as Centre twists story

April 18, 2016

New Delhi, Apr 18: A government press release, dated April 13, announcing that “eminent Muslim citizens” had met Prime Minister Narendra Modi to congratulate him on “his recent successful visit to Saudi Arabia”, has provoked strong reactions from some members of the delegation, who have disputed the public relations spin given to the interaction.

modi

Expressing unhappiness at the manner in which the note put out by the Press Information Bureau (PIB) was worded, journalist Qurban Ali said, “We were invited to discuss the trust deficit between the Muslim community and the government, and what could be done to end this.”

Editor of Nai Duniya and former MP Shahid Siddiqui, who was also present on the occasion, also confirmed this: “I was told that we would discuss the economic and educational backwardness of Muslims … I made concrete suggestions for the community's uplift and pointed out that the benefits of many government schemes for minorities are not reaching them.”

Only a few persons, including Dr. M.J. Khan, who led the delegation, and Shia cleric Kalbe Jawad from Lucknow, expressed their appreciation of the measures taken by Mr. Modi to improve relations with the Muslim world, members of the delegation said.

The PIB note says: “They [the delegation members] said people in West Asia, Central Asia and North Africa, especially the youth, are extremely impressed with the development agenda of Shri Narendra Modi, and want good relations with India.”

West Asia expert Qamar Agha said he spoke both on the positive impact of the Prime Minister's West Asia policy as well as on the need to focus on education for Muslims and post-education skilling programmes: “I said we need to open schools in Muslim-dominated areas which children of all communities can attend.”

Rajnath initiative

Dr. Khan, who was originally general secretary of the Uttar Pradesh-based Peace Party, had joined the BJP in end-2013. Today, he says, he is not, strictly speaking, with the BJP and prefers to be described as the National Convenor of Indian Muslims Research and Coordination Centre, but remains close to Union Home Minister Rajnath Singh. Wednesday's meeting took place on the suggestion of Mr. Singh.

Boosting ties

“I led the delegation,” Dr. Khan said, “after discussions with the Home Minister. At the meeting with the Prime Minister, we spoke of strengthening relations with the Muslim world as that would improve Hindu-Muslim relations at home. We expressed our elation at his being conferred Saudi Arabia's highest civilian honour, the King Abdulaziz Sash.”

But he stressed that the delegation also used the occasion to bring to the Prime Minister's notice many concerns of the Muslim community, relating both to secular and religious matters, that are part of a seven-point formula that was earlier given to Mr. Singh.

The issues raised included the ongoing controversy over retaining the Aligarh Muslim University's minority character and the need for a review committee to look at cases of innocent Muslim youths, who have been jailed on false charges.

The Prime Minister, several delegation members said, was forthcoming on welfare issues relating to Muslims, but was silent on controversial matters such as AMU.

Seeks representation

Kalbe Jawad also urged the Prime Minister to visit Iran, a Shia nation, to “balance” his visit to Saudi Arabia. The PM said he would be going to that country soon. The Maulana also stressed that Shias should be better represented in government bodies and communities.

Kalbe Jawad's meeting with the Prime Minister comes days after the passport office in Lucknow directed him to surrender his passport as two criminal cases are pending against him. He has been accused of “rioting with deadly weapon, undermining public order, and deterring public servant from discharging duties among others.”

Comments

shaji
 - 
Wednesday, 20 Apr 2016

It is a shame to name sake muslims (munafiqs) who trust Modi and BJP who have no agenda other than cheating muslims. the so called pro bjp muslims are being paid for telling in favoer of mOdi and bjp. Shame on you hypocrites. Go to hell. May Allah punish you in this world and also in the life after death unless you repent.

Rikaz
 - 
Monday, 18 Apr 2016

Don't be surprised lying is not new for Modi, he has started from 15 Lakhs rupees for each household...did anyone get this amount....gasoline price is sky rocketing even though crude price came down to 30 USD...promised during election he will reduce it....did you see it happening....

KhasaiKhaane
 - 
Monday, 18 Apr 2016

When Muslim leaders become hypocrites, visiting a murderer PM seeking his assistance, you people deserve such disgrace. Just wait and watch, there is more humiliation for you muslim leaders if you continue to do this. #MoNa has failed to deliver Ache din to his own people, and you guyz are expecting wonders for you?

Kushwant Bhat
 - 
Monday, 18 Apr 2016

Now you Buffoons understand what is what you thought Running dog having have some madness to unite all in Hindustan that's why these dogs started running last 60 odd years!!!!! you fools not yet understand, what's inside in his and his followers heart completely wrong thinking, now Master Khan sabb understand what is it inside, any Way \Every Dog has its own Day\" maharajas do not dream Modianna and his cheals have their own agenda you feel where it stand.
Jai hoo Hindustan.
Jai hoo bharath matha."

SK
 - 
Monday, 18 Apr 2016

It is good that Kalbe Jawed is asked to surrender his passport, as he is always speaking about shias and not for Muslims..... Such Moulanas should be booted /kicked out.....

ali
 - 
Monday, 18 Apr 2016

Modi visited K.S.A as an representative of Ambani not as an P.M of India.

Chaiwala chai dene keliye gaya tha. Desh keliye nahin.

Abdullah
 - 
Monday, 18 Apr 2016

Lie and cheating is in their blood.

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coastaldigest.com news network
July 1,2020

Mangaluru, July 1: The district administration has imposed prohibitory orders under Section 144 in entire Dakshina Kannada between 8pm and 5am in the entire month of July.

Notice in this regard was issued today by Deputy Commissioner Sindhu B Roopesh. The order will come into force with immediate and will be in place ill July 31, the DC said.

The decision was taken days after Karnataka government took steps to tighten covid restriction and imposed lockdown from 8pm to 5am. 

Under the imposed Section 144, the presence or movement of one or more persons in public places are prohibited. Besides, the gathering of any sort anywhere, including religious places subject to certain conditions in view of the COVID-19 pandemic will also be restricted. 
 

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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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M.V. Mallya
February 1,2020

Mangaluru, Feb 1: Rotary Club of Mangalore city team represented by Rtn. Dr. Ranjan Rao and Rtn. Sumith Rao duo bagged the 14th Annual prestigious Rotary Quiz Trophy by securing 380 points. The Rotary Club of Vijayanagar Mysore represented by  Rtn. H.M. Harish secured 370 points and was declared runners up.

Rotary Club of Mangaluru central as a part of Rotary movement awareness campaign conducted their 14th Annual “Dist. Level Inter Club Rotary Quiz”  contest on Friday 31.01.2020 at Hotel Ocean Pearl Hall, Mangaluru. The Quiz was based exclusively on Rotary related affairs, matters and issues.

Chamarajnagar City based Eminent Pediatrician and Rotary past Dist. Governor Rtn. Dr.R. Nagarajun  graced the occasion as Chief Guest, in is address he lauded the  invaluable contributions of Dr. Rai to the Rotary Movement and congratulated on his achievements.  Later he awarded the Rotary Glittering Trophy, Certificates and Cash prizes of R.3,000 to the Winners and Runners up and congratulated them on their unique achievements.

13 Teams from Mangaluru, Bykampady, Panamburu, Deralaktte, Puttur, Mysore, participated in this contest. Rtn. Dr. Devdas Rai was the Quiz Master and officiated the closely contested  quiz contest. Asst. Governor Zone-2  Rtn. Geethanand Pai was the guest of honour he released the weekly club news bulletin “Centor”. Club President Rtn. Dr. Jayaprakash Poonja presided over the function. Secretary Rtn. K.M. Hegde presented the monthly report. Rtn. Prakash Chandra proposed the vote of thanks.  The event was sponsored by Chairman and Managing Director of Athena Hospital Rtn. Raviraj Shettiyan and Eminent Chartered Accountant C.A. Nithin Shetty.

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