Second hovercraft glides into Mangalore

[email protected] (CD Network)
October 6, 2014

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Mangalore, Oct 6: The second of two hovercrafts sanctioned Indian Coast Guard along Karnataka coast arrived in Mangalore on Monday, exactly a fortnight after the induction of the State's first hovercraft.

Hovercraft H-198 the third series of Air Cushion vehicle, built in the United Kingdom, arrived on Monday at Panambur Beach, near the ICG, Karnataka Headquarters where it will be permanently based.

The 21-metre long vehicle will float over the seas on a cushion of air created by two propellers, reaching a maximum speed of 45 knots. The hovercraft is commanded by Commandant Amitabh Banerjee and is armed with heavy machine guns and state-of-the-art communication and navigation equipment including radar and worldwide satellite communication.

The H-198 joined the Hovercraft H-196 which arrived on September 22, and the two became the Coast Guard's fastest vehicles, allowing them to effectively keep an eye on the 320-km Karnataka coastline.

The hovercrafts are equipped to undertake multifarious tasks such as surveillance, interdiction, search and rescue and rendering assistance to small boats at sea. The amphibious craft can operate on land as well as over sea, and will be especially useful in shallow seas, marshy land and isolated islands which cannot be accessed by conventional boats.

Each craft will have a 12-member crew who have obtained specialised training in London.

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hover craft 6 1

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hover craft 6 1

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hover craft 6 1

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News Network
August 6,2020

Bengaluru, Aug 6: Karnataka Chief Minister BS Yediyurappa on Wednesday asked the state chief secretary to take necessary steps in view of the rising rainfall in the state and gave instructions for releasing Rs 50 crore for emergencies.

"CM BS Yediyurappa has instructed Chief Secretary to take appropriate precautions in view of the rise in rainfall activity across the state. CM advised Chief Secretary to keep in touch with district officials and instructed to release Rs 50 crores for emergencies," an official release said.

India Meteorological Department has issued a red alert in a number of districts in the state.

CS Patil, Director, India Meteorological Department (IMD) Bengaluru said that red alert has been announced in Udupi, Dakshina Kannada, Uttara Kannada, Chickamagalur, Shivamogga, Kodagu and Hassan due to heavy rainfall in the region from last two-three days.

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News Network
March 19,2020

Belagavi, Mar 19: South Western Railway (SWR) on Thursday increased the fares of the platform tickets at Belagavi, Hubballi and Ballari.

The rate of platform tickets has been increased to Rs 50 with effect from Thursday till March 31, in order to control the crowding at platforms in view of the coronavirus outbreak.

Belagavi, Hubballi, and Bellari were all big stations and maximum number of people, including both passengers and those there to see them off come or to receive them at these railway stations, a SWR official sources said.

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News Network
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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