Bengaluru, Jan 20: Karnataka Chief Minister Siddaramaiah recently bought a water-proof silk saree as a special gift for his wife Parvathi.
As per a report in India Today, the orange-coloured saree costed Rs 1.08 lakhs.
The Chief Minister bought the saree during the inauguration of the Karnataka silk industries corporation in Davanagere.
Interestingly, the CM poured a litre of water on the saree to convince himself that it was water-proof before he bought it.
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.
Bengaluru, Aug 6: No private hospital in Karnataka can turn away a patient without attending to him or her, irrespective of the Coronavirus status, an official has said.
"Private medical establishments shall not deny treatment and admission to any patient approaching the establishment irrespective of the fact that such patient may or may not be suffering from Covid-19," an official from the state Health and Family Welfare Department said on Wednesday.
Likewise, no private hospital can insist on a patient for a Covid-19 test report, said the official invoking the Disaster Management Act.
"The establishments also cannot insist for Covid test report," he said, directing all private hospitals to strictly abide by their responsibilities.
According to the department, it is the duty of every private hospital to provide first aid and take lifesaving steps when any patient approaches it.
"It is the duty of every private medical establishment to provide first aid and take lifesaving measures to stabilise the patient," he said.
The department also invoked statutes from Karnataka Medical Establishments Act 2017, under sections 11 and 11 (A) to drive home the message.
The directives assume significance at a time when several cases of private hospitals denying admissions and fleecing patients across the state have emerged.
"It has been noticed that some of the private hospitals are refusing treatment and admission to emergency patients, causing distress and this has resulted in complications, leading to death in certain cases," said the official.
The district authorities have been directed to take action on the erring hospitals as the department reiterated the responsibilities of private medical establishments.
Bengaluru, May 25: Heavy rain accompanied by strong winds that lashed Bengaluru last evening left hundreds of trees uprooted near the BTM layout and other areas.
The India Meteorological Department (IMD) has predicted a thunderstorm accompanied with lightning in Karnataka for the next five days.
"Thunderstorm accompanied with lightning at will prevail at isolated places over Gangetic West Bengal, Odisha, Coastal Andhra Pradesh and Yanam, South Interior Karnataka, Kerala and Mahe and Tamilnadu, Puducherry and Karaikal," the IMD said its All Indian Weather Forecast Bulletin.
According to the forecasting agency, due to strong southerly wind from the Bay of Bengal to northeast India at lower tropospheric levels, heavy to very heavy rainfall with extremely heavy falls likely at isolated places over parts of northeastern states.
In addition to that heavy to very heavy rainfall at isolated places over adjoining parts of east India during 24th-28th. "Heavy rainfall at isolated places over parts south peninsular India from May 26th-28th, 2020," the IMD said its All Indian Weather Forecast Bulletin.
Comments
She was planning to buy a Rain-Coat, finally she got a waterproof sari.
How to wash this saree with water if its waterproof?
How to wash this saree? If it waterproof?
@ Ramesh Mangalore,
Well said...Even Modi ji deserve the same.....\SHAME\" ..... for his 15 Crore Suit Made in Golden Thread."
Did he really pay for this saree????????? I doubt!
Marketing!
There is no value for Gift, everyone should give and accept gift, This is love of Humanity.
Cheers!!!
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