In Shikaripura, discussions on Yeddyurappa's 'fading glory'

Agencies
May 1, 2018

Shivamogga, May 1: As the Karnataka poll battle hots up, people of the state are busy talking about their favourite party candidates even as many raised doubts over the apparent "sidelining" of BJP's chief ministerial candidate B S Yeddyurappa this election.

Standing in the sweltering summer heat, 45-year-old Shantappa is waiting for a bus to Shikaripura. The unrelenting weather, however, could not stop him from discussing the upcoming state assembly elections with fellow passengers.

Wiping sweat from his forehead, he says, "It looks like our leader (Yeddyurappa) has been sidelined. He is not in his original form in this elections...I have heard he is not sharing the stage with Prime Minister Narendra Modi in most rallies".

Fellow passenger Rudrappa, a farmer, quips that the central BJP leaders are unable to connect with the public due to the language barrier.

"The other day, one of my relatives in northern Karnataka attended a rally, but came back disappointed as he could not understand the speech in Hindi," he says.

Another passenger Keshava, a BJP supporter, interjects and says the same goes with the Congress.

He argues that Kannadigas cannot connect with Congress chief Rahul Gandhi and other party central leaders.

The bus driver, who do not wish to be identified, says political rallies are simply "political gimmicks".

"People are asked to shout slogans of 'Modi Modi' and 'Rahul Rahul'. These are political gimmicks," he says.

The driver was quick to add, "Yeddyurappa, a political heavyweight that he is, knows how to win elections if given full freedom.Yeddyurappa is a mass leader. BJP chief Amit Shah has said that the party is important and not the person. That does not work in Karnataka though".

A lawyer observes that the BJP's chief ministerial candidate was not giving any befitting reply to the ruling government's charges against him.

Chief Minister Siddaramaiah is repeating his speech at every place, mentioning about Yeddyurappa's jail stint and the Saubhagya welfare schemes, but the BJP's CM candidate is not giving a befitting reply to him, he says.

"Probably his health is not permitting him to campaign the way he used to do earlier. Otherwise, there is no reason for him to be silent," he adds.

When asked about the "fading glory" of 75-year-old Yeddyurappa, Gurumurthy, caretaker of Shikaripura constituency, says, "He has not been sidelined at all. These are fake reports. He is in his 'full form', else he would not have undertaken the padayatra for 85 days, covering all 224 constituencies just before the election campaign.

"We got 20 days to campaign after the filing of nominations. Since he is the state party president, he had to be a part of the candidate selection process. Therefore, he could not campaign during the first one week," Gurumurthy, who is also the district BJP general secretary, says.

"Now that the election campaign has started, Yeddyurappa is touring four constituencies on a daily basis," he says.

"Also, the central party chief has told mass leaders to campaign separately in the state as less time is left to cover the major constituencies," he says.

The BJP leader also addressed the reports of Yeddyurappa not sharing stage with the prime minister or party chief Amit Shah.

"Yeddyurappa sharing stage with PM or Amit Shah is not important, winning the election is important for us," Gurumurthy says.

Yeddyurappa has not visited his constituency in last five years, still, the party workers are working hard to ensure that the Lingayat leader wins with 50,000 votes margin in the upcoming state polls, he adds.

Gurumurthy, an RSS worker from Sagar taluk, has been working as coordinator in Shikaripura for last 35 years.

Karnataka will go to polls on May 12 to elect the 224- member assembly. The results for the same will be declared on May 15.

Comments

Angle of Life
 - 
Wednesday, 2 May 2018

Downfall of BJP is very near...if you make corruption for 100 year people may forgive you but if you make division in religion and divide the country people then they will never show any mercy on you..because TRUE INDIAN ARE LOVING PEOPLE THEY DONT SEE WHICH RELIGION YOU ARE. Do good to all community people autamatically all people will start loving you...so ask vote in the name of development, safety, employment, hearth care, futur...not in the name of god, hindutva, muslim, crist, cow, caste etc i want to see my india growing strong.. i dont want to put my head down becaus of greedy communual leader

Shahir
 - 
Tuesday, 1 May 2018

Yeddy the, toothless (brainless also) Lion

Sandeep
 - 
Tuesday, 1 May 2018

Whatever he was, his age and wrong decisions were the reason for the glory fade

Danish
 - 
Tuesday, 1 May 2018

Yeddurappa = Jumla raja Jr.

Farooq
 - 
Tuesday, 1 May 2018

By stating they are for Hindus and protecting everything for Hinduism, they failed to meet their words in real. People started realising the bane of BJP rule.

Kumar
 - 
Tuesday, 1 May 2018

It's widely known truth, some BJP leaders have a prick of conscience.  They may support and justify BJP acts in public but in mind, they are not. Modi rule made Yeddy weaker

Divakar
 - 
Tuesday, 1 May 2018

Yeddy's strong era became past. He cant do much influence on Kannadigas. 

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News Network
February 24,2020

New Delhi, Feb 24: The National Investigation Agency (NIA) is conducting raids at more than 20 locations in Karnataka and Tamil Nadu. The latest raids are being carried out in connection with ISIS conspiracy cases.

More details are currently awaited regarding the cases.

Meanwhile, NIA had on February 15 filed a charge sheet against two Lashkar-e-Toiba (LeT) terrorists before the agency special court, Jammu. The two terrorists are identified as Khalil Ahmad Kayani (34) and Mohammad Nazeem (23), both residents of Haveli Farwad Kahuta district in Pakistan occupied Kashmir (PoK).

The case is related to the arrest of the two accused near Nilkanth Nala, approximately 700 metres inside the Indian side of LoC, in Gulmarg Sector of Baramulla district.

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Agencies
February 7,2020

Thiruvananthapuram, Feb 7: Kerala government led by Chief Minister Pinarayi Vijayan on Friday has come under the spotlight for depicting the assassination of Mahatma Gandhi on the cover of the state finance budget 2020-21 document.

Issuing clarification on the same, Issac justified that it is a political statement.

"Definitely, it is a political statement, the cover of my budget speech. It is a painting by a Malayalam artist of Mahatma Gandhi's murder scene. We are sending out a message that we will not forget who murdered Gandhi."

He also alleged that history is being re-written and National Register of Citizens (NRC) is being used to divide the country on communal lines.

"This is important at the times when history is being re-written. There is an attempt to erase some popular memories and use NRC to divide the population on communal lines. Kerala will stand united."

NRC is an official record of those people who are legal citizens of India. The dossier includes demographic information about all those individuals who qualify as citizens of India as per the Citizenship Act, 1955.

The register was first prepared after the 1951 Census of India and since then it has not been updated until recently.

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Agencies
January 1,2020

For many Indian tycoons, 2019 turned woeful as lenders -- empowered by the nation’s recent bankruptcy law and desperate to clean up soured debt from their books -- started seizing assets of delinquent firms or dragged them into insolvency.

Indian banks wrote off a record $39 billion of loans in the 18 months through September in a bid to repair their balance sheets as they battled the world’s worst bad debt pile. Making matters worse, a shadow banking crisis led to a funding squeeze, crushing debt-laden businesses that were critically dependent on rollover financing.

“Life has come a full circle for tycoons that had enjoyed debt-fueled growth,” said Nirmal Gangwal, founder of distress and debt restructuring advisory firm Brescon & Allied Partners LLP. “Many firms collapsed like a house of cards. The downfall was rather unprecedented.”
The government has also been cracking down on economic crime to assuage public anger over absconding businessmen. It’s even barred some from traveling overseas if they were deemed a flight risk.

Here are some of the country’s biggest and most-storied businessmen who saw their fortunes fade. Spokespersons for none of these tycoons, except Essar, immediately replied to emails and text messages seeking comments.

Anil Ambani

The chairman of Reliance Group, which makes movies to metro lines, had a close shave with jail time in March before his elder brother and Asia’s richest man, Mukesh Ambani, bailed him out at the last minute. The woes of the ex-billionaire came to the fore when India’s top court asked him to pay Ericsson AB’s India unit about $77 million of past dues or go to jail since Anil Ambani, 60, had given a personal guarantee. His telecom carrier slipped into insolvency this year, while unprofitable Reliance Naval & Engineering Ltd. faced a cash crunch. Reliance Capital Ltd. is selling assets to pare debt. Ambani is also fending off Chinese lenders in a London court.

Malvinder & Shivinder Singh

Karma caught up with ex-billionaires and brothers Malvinder Singh, 47, and Shivinder Singh, 44, and how. Scions of a prominent business family, they once helmed India’s top drug maker and second-largest hospital chain. In October, the two were arrested on charges of fraudulently diverting nearly $337 million from a lender they controlled. India’s market regulator found in 2018 that the brothers had defrauded their hospital company of about $56 million. The collapse of the $2 billion empire turned brother against brother, prompting their mother to broker a peace deal that was short-lived. In February, Malvinder accused Shivinder and their spiritual guru of fraud.

Shashikant & Ravikant Ruia

After a hard-fought battle to keep their flagship steel mill, the first-generation entrepreneurs finally saw the bankrupt Essar Steel India Ltd. pass on to ArcelorMittal last month. The $5.9 billion takeover was almost two years in the making with multiple legal wrangles. The group, controlled by Shashikant Ruia, 76, and Ravikant Ruia, 70, were also reprimanded by a U.K. judge in March this year for concealing documents. Started in 1969 as a construction firm, Essar Group diversified, investing about $18 billion between 2008 and 2012, and piled on debt. In 2017, the group had sold another prized asset, Essar Oil.

Selling an asset to pare a liability shouldn’t be seen as a “lost asset,” an Essar spokesman said, adding that the group remains a diversified conglomerate.

VG Siddhartha

Before jumping off a bridge into a river in July in an apparent suicide, the founder of India’s biggest coffee chain Cafe Coffee Day had penned a letter that spoke of pressure from lenders, a private equity firm and harassment by tax officials. He had spent much of the last two years pledging ever more of Coffee Day Enterprises Ltd. shares to refinance loans for ever shorter periods, at ever higher interest rates. “I would like to say I gave it my all,” V.G. Siddhartha, 60, wrote in the letter. “I fought for a long time but today I gave up.”

Naresh Goyal

The former ticketing agent who built India’s largest airline by value, stepped down as chairman of Jet Airways India Ltd. in March, caving in to pressure from banks who took over the company. Cut-throat price wars and surging costs pushed Jet deeper into loss. The airline stopped flying in April and went into bankruptcy two months later as lenders failed to find a buyer. In July, an Indian court barred Naresh Goyal from flying overseas after the government said it was investigating an alleged $2.6 billion fraud involving Jet Airways.

Rana Kapoor

The founder of Yes Bank Ltd., which became India’s fourth-largest non-state lender, tweeted in September 2018 that his shares were invaluable and requested his children never to sell them upon inheritance. But trouble was brewing. The nation’s banking regulator, which found the lender had repeatedly under-reported its bad loans, refused to extend his tenure as chief executive officer. This forced Rana Kapoor, 62, to step down by end-January. Kapoor, who has pledged some of his Yes Bank shares in July, sold almost his entire stake in the lender by October.

Subhash Chandra

The rice trader-turned-media mogul, 69, who brought cable television into Indian homes in the early 1990s with his ZEE TV, resigned as chairman of Zee Entertainment Enterprises Ltd. in November and lost control of his crown jewel. Subhash Chandra has been selling stake in Zee Entertainment in the past few months to repay group’s debt.

Gautam Thapar

A default by Gautam Thapar, founder of the paper mill-to-power transmission Avantha Group, on pledged shares made Yes Bank Ltd. the biggest shareholder in CG Power and Industrial Solutions Ltd. In August, the firm was hit by an accounting scandal forcing the board to remove Thapar, 59, from the chairman’s post. A month later, the market regulator ordered a forensic audit of the firm and barred Thapar from accessing securities market.

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