Newsroom, Sept 14: Sunil Chatra, one of the directors of Sri Durgamba Transit Private Limited, died in a road accident in Tamil Nadu today.
According to sources, the tragedy took place when at around 3 p.m. when he was driving his Mitsubishi Pajero in Namakkal district of Tamil Nadu.
A prominent name in transport industry, he was also the director of Raipur Bus Service Private Limited and Sri Durgamba Transway Private Limited.
Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."
Bengaluru, Jul 3: The Karnataka government is allowing select asymptomatic and mildly symptomatic Covid-19 patients to recuperate at home as part of home isolation guidelines, an official said on Friday.
"Only those who are asymptomatic or mildly symptomatic shall be allowed to be in isolation at home," said a health official, highlighting that such patients should be properly oriented on home isolation.
However, before home isolation, a health team will visit the patient's house and assess its suitability for executing home isolation.
Similarly, the patient should be provided with a tele-consultation link for initial triage, daily follow up and during the entire home isolation time.
For a daily update, the patient isolated at home should give a report on his health status to the physician or health authorities.
"The home isolation shall be with the knowledge of the family members, neighbours, treating physician and local health authorities," said the official.
Though home isolation is allowed, it is not a blanket permission for all asymptomatic and mildly symptomatic cases in Karnataka to avail.
"Such cases should have the requisite facility at their residence for self-isolation and also for quarantining the family contacts. A care giver should be available to provide care on 24x7 basis," said the official.
Likewise, the caregiver should also have a regular communication link between him and the hospital during the home isolation.
No patient above 50 years will be allowed to avail home isolation.
"If the patient has the following comorbidities: hypertension, diabetes, obesity, thyroid disease, they shall be well managed and under good clinical control as assessed by medical officer," he said.
However, patients with comorbidities such as kidney diseases, dialysis, heart diseases, stroke, tuberculosis, cancer and HIV cannot avail home isolation.
Likewise, immunity compromised patients and those on steroids also cannot be on home isolation.
Though pregnant women are not allowed to avail this facility, lactating women are allowed after due instruction and assessment.
The Health Department has also issued several other guidelines and protocols for a patient choosing home isolation.
Mangaluru, Jul 10: Among over a hundred special flights to be operated between India and United Arab Emirates under the fourth phase of Vande Bharat Mission, five flights will be operated from Mangaluru International Airport.
The repatriation flights are also allowed to carry eligible passengers from India to UAE between July 12 and July 26.
These flights will be allowed to carry the ICA approved UAE residents on their onward journey from India to the Gulf country.
According to Air India, while flying from India to UAE, these special flights will carry only those passengers who are destined for the UAE.
Flights from Mangaluru
From Mangaluru, the first special flight will take off on July 13 at 7.30 am and reach Sharjah at 9.30 am.
The second flight is scheduled to take off on July 16 at 9.30 am and reach Dubai airport at 11.20 am.
The third flight will take off on July 19 at 11.00 am and land at Sharjah airport at 1.00 pm.
The fourth flight will take off on July 20 at 7.30 am and reach Sharjah at 9.30 am.
The fifth flight will take off on July 26 at 8.00 am and land at Abu Dhabi Airport at 10.20 am.
Comments
He was great human being and humble person,God give strength to his family RIP Sunil Sir.
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