Relief for Yeddyurappa?as HC quashes 15 land cases against him

January 6, 2016

Bengaluru, Jan 5: The High Court on Tuesday quashed all the 15 FIRs filed against former chief minister B S Yeddyurappa with the Lokayukta police in connection with denotification of land in and around Bengaluru city.

yeddyurappaAllowing the petition filed by Yeddyurappa, Justice Rathnakala in the order stated that FIRs cannot be filed based on the report of the Comptroller and Auditor General (CAG). However, the bench said that the other contentions of the petitioner are kept open.

A private complaint was registered with the Lokayukta police by Jayakumar Hiremath, based on which 15 FIRs were filed against Yeddyurappa. First, three FIRs were filed, saying that land was denotified at survey number 251 in Halagevaderanahalli in Bengaluru South, survey numbers 5/1 and 6/3 in Bilekahalli and survey number 117 in JB Kaval.

The same bench had granted stay on proceedings based on the FIRs. Subsequently, 12 FIRs were filed, saying land was denotified at JP Nagar, HRBR Layout, Jayanagar 8th block, Rachenahalli and surrounding areas.

The CAG report said that denotifying land had caused loss to the State’s exchequer. Questioning the basis and seeking quashing of the FIRs, Yeddyurappa had approached the High Court. Senior counsel C V Nagesh, appearing for Yeddyurappa, had contended that FIRs filed by Lokayukta were based on the CAG report and not on the PAC (Public Accounts Committee) report, which is normally placed before the House to decide on the matter.

In the CAG report, it is said that the land has been denotified, but it is not said that it is illegal. He has contended that the FIR has not been filed as per Section 12 of the Lokayukta Act, which calls for a compliance report to be placed before the competent authority, who is the governor in this case.

Additional Solicitor General Krishna S Dixit, representing CAG, contended that its report was the sole property of parliament and that the sanctity of the report must be maintained and not misused by other organs of the State. The question whether the CAG report must be allowed for publication or not has to be decided in the House.

This report cannot be used as evidence to file criminal complaints as it is used for making public policies.

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mohammad.n
 - 
Wednesday, 6 Jan 2016

Another Salman Khan, good.!
Ache Din continues...

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News Network
January 15,2020

Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.

In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.

Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.

"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.

With an average of $21 million, the ticket size value of funding increased by 15% in 2019.

Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.

"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.

According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.

"Nevertheless, the investment activity is expected to rise in 2021," said the report.

The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.

With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.

The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.

The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.

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News Network
April 8,2020

Udupi, Apr 8: Six patients were admitted to isolation wards in the hospitals in the district on Tuesday.

While four people were suffering from symptoms of COVID-19, two were suffering from SARI (Severe Acute Respiratory Infection).

As many as 19 samples were collected and sent for Covid-19 testing to a laboratory in Shivamogga.

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News Network
April 21,2020

Apr 21: An 80-year-old COVID-19 patient has died in Karnataka's Kalaburagi district, taking the death toll in the state to 17, Medical Education Minister K Sudhakar said on Tuesday.

The elderly person was suffering from Parkinson's disease for the last three years and died at a hospital on Monday, the minister said in a tweet.

"The person had developed fever on Sunday and was admitted to the hospital. The patient passed away yesterday at 9 am. Last night at 9 pm the death report came, which confirmed that the person was COVID-19 positive," Sudhakar tweeted.

The total number of COVID-19 infections in the state has crossed the 400-mark, according to last evening's bulletin by the Karnataka health department.

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