Tar-heating at house-shed triggers fire, Kandatpalli residents spend anxious time

March 28, 2012

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Mangalore, March 28: Fire broke out at a house in Mochigalli area near Kandatpalli early on Wednesday during the heating of bitumen barrel at the shed.

According to a resident of the area, the fire was brought to control by the locals, who gathered in large number after seeing the smoke billowing from the roof.

“People flocked to the place immediately with buckets and pots filled with water and doused the fire. Initially the fire refused to extinguish and even flared up. But some people brought sand from nearby places and applied more force and the fire was eventually extinguished,” said Muneer, an eyewitness.

He also said that the fire was almost extinguished when the fire men arrived at the scene. “They forced water on to the halfburnt roof and the hearth. But the locals responded brilliantly. They were all worried that the fire would spread to other homes,” he said.

But, according to the chief of the Pandeshwar fire station, his team rushed to the spot with their vehicle immediately and doused the fire. “The fire was brought to control by five firemen with the support of the locals,” said Vasanth Kumar, the Pandeshwar fire station officer.

The incident took place at the shed belonging to Jyothi Prakash Shetty, who runs a similar business at Baikampady. The fire left a minor scar on his face as he was also involved actively in the fire-fighting mission.

The fire erupted when a barrel containing small amount of tar was being heated on a hearth at the shed belonging to Mr. Shetty.

The fire spread to the roof of the shed due to the chemical particles which spread around during the process. The wooden log beneath the roof caught fire and started spreading thick and fast.

“We got a call at 7.15 in the morning. Immediately we rushed to the spot and extinguished the fire,” said Vasanth Kumar, the Pandeshwar fire station officer.

He, however, insisted that heating of tar was not a commercial activity and was being done to paint the forecourt of the house.

“We have issued a warning after ascertaining that the owner has a license to store the barrels. He has a proper business in Baikampady and said he was a contractor. We have warned him not to resort to such things in future,” Mr. Kumar added.

When asked why did the fire brigade did not file a complaint since the incident happened at a residential area and there was a possibility of fire spreading to other houses also, Mr. Kumar said, “we have conducted a proper inspection of the area and found everything to be in order.”

There were 10 barrels in his house, among which three had only small amount of tar. So we are assuming there was no commercial activity taking place, he added.

“He (Jyothi Prkash Shetty) always indulges in such activities. The shed was built exclusively for this purpose,” said a neighbour, who refused to disclose his identity.

When contacted Mangalore North Police station, the Assistant Sub Inspector termed the incident a minor one and no complaint has been registered.

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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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coastaldigest.com news network
July 15,2020

Newsroom, Jul 15: At least three students have committed suicide in different parts of Karnataka after failing in II PUC examinations, the results of which were announced yesterday. 

Bhumika, an 18-year-old girl hailing from Mallipattene near Arakalagud town in Hassan district killed herself within hours after the announcement of results. 

Depressed over her failure in the examination, she consumed poison, the police sources said. 

In a separate incident, 18-year-old Chitra, who failed the II PUC examinations, committed suicide at her native Chikkamarasa village in Shivamogga district. 

She was studying in Government PU College in Kumsi and after knowing about her result in the final PU exam, she hanged herself to death at her house.

Similarly, an 18-year-old boy from Harihar taluk in Davanagere district committed suicide in his house after the announcement of the PUC results.

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News Network
May 27,2020

Bengaluru, May 27: Former Karnataka chief minister and JD-S leader HD Kumaraswamy on Wednesday said that the state government should withdraw the decision to name the Yelahanka bridge after Hindutva ideologue Vinayak Damodar Savarkar.

"The state government's decision to name the Yelahanka bridge after Savarkar is a disgrace to those who have struggled for the country's prosperity. This doesn't give a good name to the state government," Kumaraswamy tweeted.

"There are many great people who worked for the development of the country before and after independence. Their names could have been used for this bridge. Do other states name their bridges after our leaders? On behalf of the people of the state, I urge the state government to take a step back from this decision," he added.

The newly built Yelahanka bridge was named after Savarkar last year in a BBMP council meeting. Later it was sent to state government for approval. Tomorrow, the bridge is likely to be inaugurated for public use.

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