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Tour de Difference-2011' flagged off in city

[email protected] (CD Network, Photos by Savitha B R)
August 7, 2011

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Mangalore, August 7: 'Tour de Difference-2011', a cycling expedition by Make A Difference (MAD), a youth volunteer network to help underprivileged children was flagged off in front of City Centre Mall here on Sunday.


The cycling expedition was inaugurated by Yogish Bhat, MLA, who appreciated the efforts of MAD to help underprivileged children. Mohideen Bava, Owner, Mangalore United Cricket Team, Dr. Anand Venugopal, Professor of Radiology, KMC Mangalore and Samim Rizwi, International Cyclist, were present on the occasion.


Five volunteers namely Raichand, Phillip Bongartz, Sebastian Thele, Sudith Xavier and Prashanth Reddy will be cycling to 12 Indian cities (Mangalore, Mumbai, Pune, Hyderabad, Vijayawada, Chennai, Vellore, Bangalore, Mysore, Coimbatore, Thiruvananthapuram and Cochin), covering 4240 kilometers during the course of the trip in the months of August and September. Phillip Bongartz and Sebastian Thele have flown in from Germany to take part in this expedition.


The expedition is being organised to raise funds to support the MAD Mangalore chapter for its philanthropic services. Tour de Difference aims to raise Rs 100 for every kilometer the cyclists cover to meet the costs incurred by the Mangalore chapter of MAD on Cambridge syllabus textbooks for 300 children under its wings. It also aims to promote the importance of education to the future of our nation.


MAD along with its education partner, Cambridge University Press tries to empower children in orphanages, street shelters and poor homes by teaching them English.


MAD has close to 1000 volunteers teaching close to 3500 children in major cities of South India. It aims to educate underprivileged children so that they can select a career based on their aspirations and potential rather than their financial situation or background.


Tour de Difference will culminate in Mangalore on September 23rd. MAD Mangalore is organising a three day gala event called 'GO MAD!!' in association with City Centre from August 6.

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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
April 28,2020

Bengaluru, Apr 28: Former Karnataka chief minister Siddaramaiah on Tuesday suggested that the government can allow sale of liquor in green zones. 

“Merely because there is an economic slowdown in the state, I don’t recommend that alcohol should be allowed to be sold. But, wherever there are green districts, they can open (liquor sale) with certain restrictions, I think,” Siddaramaiah, the leader of the Opposition, told reporters. 

There are 14 districts in the state that are categorised as green because they do not have any active COVID-19 cases. The green districts are: Yadgir, Raichur, Koppal, Haveri, Davangere, Shivamogga, Chitradurga, Udupi, Chikmagalur, Hassan, Kodagu, Chamarajanagar, Ramanagara and Kolar.

There is tremendous pressure on the B S Yediyurappa administration to revive the economy as the lockdown has dried up all revenue sources. Excise, alone, accounts for 18 per cent of Karnataka’s own tax revenue. 

The Excise department recently suggested allowing regulated sale of liquor through the state-run MSIL outlets. The government, however, did not approve it fearing crowding and backlash from the Centre.

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News Network
July 28,2020

Bengaluru, Jul 28: Several state Congress leaders, including its President D K Shivakumar, among others, were detained by police as they tried to march towards Raj Bhavan here against the alleged attempts by BJP to topple the party's government in Rajasthan.

Shivakumar, along with Leader of the Opposition Siddaramaiah, state Congress Working President Eshwar Khandre, Salim Ahmed among others were stopped by the police midway as they marched from KPCC office towards Raj Bhavan.

Congress leaders then staged a dharna at the place where they were stopped. Addressing the gathering, Shivakumar accused the BJP of trying to "murder" democracy by destabilizing and removing elected governments.

"We wanted to protest against it and submit a memorandum to the President through the Governor," but the Karnataka government by using police was not letting them proceed towards Raj Bhavan, he said. "Despite our being a peaceful protest, the police stopped us," he said.

Siddaramaiah, echoing similar views, said peaceful protests against injustice was the right of every citizen. Alleging that the BJP was attempting to destabilise and remove the elected government in Rajasthan as it did in Karnataka and Madhya Pradesh, he said the Governor's office there (Rajasthan) was being 'misused'.

The Governor was working like an agent of the central government, he charged. He said, despite repeated appeals by the Rajasthan cabinet, the Governor there had not convened the assembly session, for the floor test to take place and for Congress to prove its majority. Police subsequently detained Shivakumar and some other Congress leaders and took them to a nearby police station.

They were later released. Meanwhile, as the Congress' protest amid Covid19 pandemic did not follow social distancing norms, Medical Education Minister K Sudhakar hit out at that party's leaders. In a tweet Sudhakar said, for Congress leaders getting publicity was more important than social concerns.

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