Rahul Gandhi is happy with functioning of govt; asked him to decide on Cabinet expansion: HDK

News Network
August 30, 2018

Bengaluru, Aug 30: Even as the Congress-JD(S) coalition government in Karnataka completed 100 days today, a grateful Chief Minister H D Kumaraswamy called on AICC supremo Rahul Gandhi and urged him to decide on expanding the state Cabinet.

"I have requested the Congress president to take a decision on the expansion of the Cabinet and appointments to boards and corporations," Kumaraswamy told reporters here after a brief meeting with Rahul.

Kumaraswamy's discussions with Rahul came on the eve of the JD(S)-Congress Coordination Committee meeting convened to iron out the irritants in the alliance that has cropped up after former chief minister Siddaramaiah's remarks about returning as chief minister.

"The coalition government is secure under the leadership of Siddaramaiah," the chief minister said. He said Rahul was happy at the functioning of the coalition government. "Our government is stable and functioning smoothly," Kumaraswamy said.

The chief minister said he did not complain to Rahul about Siddaramaiah expressing his desire to return to power.

"Anybody can aspire to be chief minister. Even R V Deshpande can aspire to become chief minister," he said referring to the senior Congress leader who was with him.

Kumaraswamy said Siddaramaiah has already clarified that he would become chief minister after the next election if the people desire.

Comments

Ibrahim
 - 
Thursday, 30 Aug 2018

Coaliton govt running smoothly. HDK's 47 temple visit shows that well

Naresh
 - 
Thursday, 30 Aug 2018

Pappu doesnt know anything about politics. He is educated. That not enough for politics

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June 9,2020

Udupi, Jun 9: Karnataka Minister for Primary and Secondary School S Suresh Kumar on Tuesday ruled out the possibility of either postponing or cancelling SSLC exam in the State and it will start from June 25 as scheduled.

Replying to a question, the Minister said that Telangana and Tamil Nadu States might have cancelled the SSLC exam, but Karnataka will not follow them. "Will hold the examination from June 25 to July 4 by taking all care to protect the interests of the Children.

The SSLC exam was originally scheduled for March 27, but was postponed as lockdown was clamped following the spread of killer Coronavirus.

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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News Network
March 25,2020

Udupi, Mar 25: A 34-year-old man who returned from Dubai tested positive for novel coronavirus in Udupi district. This is the first case in the district. 

He returned from Dubai on March 18 and got admitted to a government hospital in Udupi on March 23 for fever. The swab samples were sent to Shivamogga laboratory for testing.

The report which arrived on Wednesday confirmed that he was positive for COVID-19, said DHO Dr Sudhir Chandra Sooda.

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