Attack on backward class leader: Arrested get bail

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December 3, 2011

attack


Mangalore, December 3: All the seven persons arrested in connection with the attack on Karnataka State Hindulida Vargagala Jagrutha Vedike president K S Shivaramu at Kukke Sri Subramanya temple premises, have been released on bail.

Arrested were Jagadish (19), Dinakar (25), Shivakumar (19), Rohithaksha (20), Sundara (29) and Bhaskara (23). Nagesh, another accused had surrendered before the police.

The accused were booked under CrPC Sections 323 (voluntarily causing hurt), 341 (restraining wrongfully), 504 (intentional insult with intent to provoke breach of peace), 506 (criminal intimidation) and other charges.

All the accused belong to Malekudiya community, according to SP Labhu Ram. They were produced before the Judicial Magistrate First Class Court in Sullia and later they were released on bail.

It may be recalled that the 'Made made Snana' ritual at Kukke Subrahmanya on Wednesday, the last day of the ritual, turned ugly when the `fact finding' team of Vedike were beaten up black and blue by some devotees outside the temple. The vedike's state president KS Shivaramu and Bangalore district president D R Vijayakumar were at the receiving end of the mob's anger despite them being provided police protection.

After they were released on bail, the accused were taken in a procession to the temple by locals.







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News Network
February 6,2020

Mangaluru, Feb 6: In a case of suspected political rivalry, a 28-year-old BJP activist was brutally assaulted by a gang at Munchoor here, police said on Thursday.

Police said that the injured identified as Yashodhar is undergoing treatment at Padmavathi Hospital here.

Four people namely – Diwakar, Dinesh Shetty, Ashwith Kulal and Yashodhara Agaramelu – assaulted Yashodhar and posed him with a death threat. It was reported that the gang had been keeping an eye on Yashodhar’s movements for some time now.

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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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coastaldigest.com news network
August 7,2020

Bengaluru, Aug 7: Dr Mohammed Yusuf, chairperson of the Karnataka State Board of Auqaf, passed away at a private hospital in the city today following a brief illness. He was 74.

Dr Yusuf was an industrialist and was known for his philanthropic activities. 

A veterinarian, Dr Yusuf had quit the government job and set up business in Bengaluru and Dubai decades ago and has earned considerable success.

He was re-elected as Board of Auqaf chief in January this year. He had held the post more than once in the past. 

He will be buried at the graveyard near Masjid-e-Muzammil which was built by himself at Govindapura, source said.

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