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Players' auction for Mangalore Premier League 2016 held

[email protected] (CD Network | Suresh)
October 7, 2016

Mangaluru, Oct 7: Promising all-rounder Naveen MG and right-hand opener batsman Mohammed Taha saw fierce bidding among several franchises with Udupi Tigers and Coastaldigest.com picking up the two icon players for Rs 75,000 and Rs 70,000 respectively.

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This was the scene at the players' auction for the upcoming Mangaluru Premier League-2016 held at Fiza Forum Mall in the city on Friday evening.

Zeeshan Ali (sold to Suratkal Strikers for Rs 70,000), Sadiq Kirmani (sold to United Ullal for Rs 65,000) and B Akhil (sold to President Sixers Kundapur for Rs 60,000) were some of the other costly players to go under the hammer.

The players were divided into four categories for the auction: Under Icon' category there were 33 KPL players from whom each of the 12 franchises had to pick two players mandatorily. Players from Mangaluru Zone of Karnataka State Cricket Association were divided into A', B' and C' categories.

Karnataka Regional Cricket Academy (KRCA) office bearers Sirajuddin and Imthiyaz led the auction process.

Each franchise was supposed to purchase all the players through auction within the purse of Rs 2.5 lakh. However, apart from the players who went under hammer, the MPL organisers have also given each franchise the right to buy one owner's choice player for any amount.

Stage programme

Prior to the auction, a formal stage programme was held wherein Coastalwood hero Arjun Kapikad was centre of attraction.

Lauding MPL for setting cricket mood in the coastal city, Arjun said the event has transcended boundary with people, especially cricket lovers in Bengaluru often discussing about it.

He also appealed to the gathering to make time to watch his forthcoming movie Barsa' which would hit screens on October 13. A clipping of the film was also screened ahead of the launch of bidding process.

Ismail from RealTech group, Zaheer from Al Muzain group and Mohammed Mansoor were among the guests. Ramakrishna welcomed the gathering while Imthiaz proposed vote of thanks.

The T20 tournament is being organised by the KRCA from December 17 to 31 this year at B R Ambedkar Cricket Stadium, Panambur, in association with RealTech and Mangalore Occasionals and with the approval and guidance of KSCA.

The 12 franchises are: Surathkal Strikers, Coastaldigest.com, United Ullal, Udupi Tigers, Karavali Warriers, President Sixers Kundapur, Kankanadi Knight Riders, Team Elegant Moodabidri, Red Hawks Kudla, Karkala Gladiators, Spark Avengers Bolar and Maestro Titans.

Also Read: List of sold players at MPL-2016 auction

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coastaldigest.com news network
January 28,2020

Mangaluru, Jan 28: Amidst nationwide agitation by ‘We, the People of India’ against contentious CAA, NRC, the women of Manglauru have decided to hold satyagrah and form a human chain in front of the office of the Deputy Commissioner in the heart of the city on January 30.

This was announced in a press conference today by activists Sajida Momin, Vidya Dinker, Terry Pais, Maria Ferandes and Suhasini Babbukatte.

The event will mark the 73rd anniversary of the martyrdom of the original Satyagrahi Mahatma Gandhi, who was assassinated by saffronite terrorist Nathuram Godse.

Ms Momin told media persons that the Satyagrah will commence at 10 a.m. to safeguard the constitution. At 4:30 p.m. a human chain will be formed.

“At 5.17p.m. when the father of the nation was gunned down 72 years ago during his evening prayer at Birla House by Godse, we will convey Gandhi’s message of unity against violence,” she said.

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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coastaldigest.com news network
July 30,2020

Mangaluru, July 30: Under the KKMA Dream House (Home for Homeless) project, the Karnataka Branch of Kuwait Kerala Muslim Association built two new houses at Nelyadi in Puttur taluk (house # 12 & 13) and handed over the keys on 29th July 2020 to the two widows as an Eid al-Adha gift for them.

Mr. S.M. Basha, president of Sea Food Buyers Association, Mangaluru, Mr. Sajid A.K, president of Highland Islamic Forum (HIF), Mangaluru, Mr. S.M. Farooq, president of KKMA Karnataka State Committee and Mr. Abubakker Thumbay, Vice President of Karnataka Branch Religious Affairs graced the occasion as Chief Guests.

Mr. S.M. Basha along with other dignitaries handed over the House # 12 key to a widow with three daughters at Bail house in Nelyadi and Mr. Sajid A.K. handed over the House # 13 key to another widow with two children at Alampadi in Nelyadi. 

Ustaad Haneef Saqafi, Qateeb Badriya Juma Masjid Nelyadi, Advocate Ismail, Ex-President and present committee member, Abdul Qader, Secretary of Jamaat, Taj Umar, Treasurer of Jamath, City Abbu, Ex-President of Jamath were present.  Ustaad Haneef Saqafi did the dua prayers. Mr. Abdul Rehman,  Contractor of the two houses was also present.

Kuwait Kerala Muslim Association being a leading Social Service Organization is an Extrordinary organization of ordinary people has successfully implemented several social development projects in Kerala and Karnataka states. KKMA Karnataka branch has previously handed over 11 houses for homeless at different places in Dakshina Kannada District.

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