Thumbay Moideen among five eminent Aloysian alumni award winners

[email protected] (CD Network)
March 15, 2016

Mangaluru, Mar 15: St Aloysius College Management and St Aloysius College Alumni Association (SACAA) will jointly organize The Eminent Aloysian Alumni Award 2016' on 19 March 2016 at 5.30 p.m. at Fr L.F. Rasquinha Hall, LCRI Block of the college here.

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This award is for those alumni who have excelled in their respective fields and have made a significant contribution to the society. The award ceremony is held biannually to the selected persons.

Mr Thumbay Moideen, the founder of UAE based Thumbay group will deliver the conclave address on this special day. Rev Fr Swebert D'Silva S J. will give the felicitation speech. Rev Fr Denzil Lobo S.J., Rector of St Aloysius Institutions will preside over the function. Mr Michael D'Souza is the convener of the programme.

This year the jury has selected five eminent aloysians for this prestigious award. Their details and their contribution to the society are given below:

Prof. B.S Raman

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Prof. B. S. Raman is popular as the author of the best selling reference books in Commerce and Management. He served St Aloysius College, Mangalore for 35 years as Lecturer of Commerce and has mesmerized thousands of aspiring commerce and management graduates with his mastery over the subject. Today he is a household name having authored more than 100 books in Commerce and Management. He was instrumental in establishing the Business Management Department, Teachers Credit Cooperative Society and the Staff Association at St Aloysius College.

Dr K.P Rao

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Dr.K P Rao is a recipient of the prestigious Nadoja' award for his contributions towards the development of software to use Kannada language on computers. He has served as Scientific Officer, Atomic Energy Establishment Trombay, (BARC) and has taught a bewildering variety of subjects at MIT, MIC Manipal, IIT Bombay and IIT Guwahati. He is a contributor to the Free Software Foundation, Sourceforge, Wikipedia and Youtube in Language, Linguistics and Paleography. He has acquired the title Lipi Brahma' for his contribution of fonts for local language scripts.

Mr Thumbay Moideen

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Mr Thumbay Moideen is the founder of the Thumbay Group at UAE. He established the Gulf Medical University in UAE. In a span of 16 years he has established himself as a successful entrepreneur and set up various business operations in 13 sectors including hospitals, medical centres, diagnostic centres, health clubs, pharmacies, retail outlets, coffee shops and nutrition stores. He featured in the list of The Top Indian Leaders in the Arab World' by Forbes Middle East Magazine in 2014 & 2015.

Dr K Ullas Karanth

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One of the world's foremost authorities on tigers, Dr. Ullas Karanth is a senior conservation scientist and Director of the US- based Wildlife Conservation Society - India Program. Dr Karanth is currently rendering his service at the Nagarhole National Park, India. For his outstanding contributions to Wildlife Conservation and Environment Protection he was conferred the prestigious Padma Shri Award and Karnataka Rajyothsava Award. His scientific papers, articles and books have been widely acclaimed. Dr. K. Ullas Karanth is the Son of the distinguished Kannada writer, Shivaram Karanth.

Mr Walter D'Souza

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Mr. Walter D'Souza, a Mangalore based exporter is the Managing Partner of M/s Fernandes Brothers, one of the leading exporter of cashew and an Export House recognized by Ministry of Commerce, Government of India. He is the Chairman of the Federation of Indian Export Organizations (FIEO) Southern Region. He also served as the President of Karnataka Cashew Manufacturers Association. He was responsible for setting up a state of the art National R&D Centre for Cashew.

Comments

Prof.M.Abubake…
 - 
Wednesday, 16 Mar 2016

The Destiny of Hard work is always SUCCESS. I wish you all a hearty Congratulations on this pleasant occasion. May your life always shower you all with such happy and successful moments. A special Congratulation to our beloved Thumbay Moideen Sir and my beloved Professor B.S.Raman Sir.

Aloysius
 - 
Tuesday, 15 Mar 2016

we are greatful to award u. really great work done by you all,

Thumbay Moideen
 - 
Tuesday, 15 Mar 2016

Thumbay Moideen is great personality of our mangalore, congratulation for the award sir,

Moiseen ahmed
 - 
Tuesday, 15 Mar 2016

A big congratulations to all the award winners!

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News Network
June 23,2020

Bengaluru, June 23: Karnataka Congress chief D K Shivakumar has urged his party colleagues to be active on social media to counter the propaganda of Bharatiya Janata Party.

Speaking to media persons, the KPCC president said that no more than 20 out of the 68 Congress MLAs are active on social media.

“All those MLAs who are doing well need to be projected. We want leaders, not mere followers. They all should be the face of Congress in Karnataka. Party should not depend on just my face or Siddaramaiah’s,” he said.

Shivakumar’s diktat has resulted in the party’s social media unit scrambling to get leaders to create their accounts.

“We’re pressuring all the party MLAs and leaders. We’re asking their personal assistants or gunmen to operate their accounts if they are not savvy with social media,” KPCC social media chief A N Nataraj Gowda said.

He pointed out that the 20 MLAs who are active on social media include U T Khader, Dinesh Gundu Rao, Priyank Kharge, Krishna Byre Gowda among others.

“We’re also trying to get the accounts verified of those who are beginning to get active. For example, it was only recently that we got the accounts of S R Patil and Vijay Singh verified,” Gowda said.

Tapping the full potential of social media is crucial for the Congress because the BJP has found much success in reaching out to voters through various online platforms.

In fact, ahead of the 2018 Assembly elections, the Congress found that there were 10 ministers and some 40 MLAs who had turned a blind eye towards social media.

Shivakumar said he was also working on putting in place a system in the party under which all developments related to the state and country will be communicated to all party leaders at 10 am every day.

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News Network
March 9,2020

Bengaluru, Mar 9: Karnataka government has ordered holidays for children in lower and upper kindergarten classes in Bengaluru, in the wake of coronavirus outbreak and with positive cases being reported from states in its neighbourhood.

"Further to the advice received from the Health Commissioner, holidays have been declared for Lower and Upper Kindergarten classes in Bengaluru North, South and Rural districts due to coronavirus, " Karnataka Minister for Primary and Secondary Education S Suresh Kumar said on Sunday.

According to official estimates, no positive cases of coronavirus have been reported from Karnataka till now.

The state has strengthened all surveillance and containment measures against the possible spread of disease.

Till Sunday, 890 persons have been identified for observation including persons who have travelled to COVID-19 affected countries and contacts of COVID-19 positive cases.

Six persons have been admitted to selected isolation hospitals.

According to official estimates, till date 87,066 passengers have been screened at airports in Karnataka.

The number of COVID-19 cases in India climbed to 39 on Sunday with five people in Kerala testing positive for coronavirus. The deadly virus has caused the deaths of over 3300 people globally.

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News Network
July 25,2020

Dubai, Jul 25: The founder of NMC Health, BR Shetty, has had a worldwide freezing order placed on his assets at the request of a lender that claims he has defaulted on a loan of more than $8 million (Dh29.4m).

The order was granted to Credit Europe Bank (Dubai) last month ahead of a claim filed at the DIFC Courts against Mr Shetty, New Medical Centre Trading and NMC Healthcare.

The lender said in its claim they “are jointly and severally liable” for the repayment of money initially secured through a credit agreement in December 2013 and renegotiated in December last year. Credit Europe Bank is an Amsterdam-headquartered institution specialising in trade and commodities finance with operations in nine countries.

The credit agreement was guaranteed by two security cheques which the bank said in its claim were signed by Mr Shetty – one drawn on his personal account and another on the account of New Medical Centre Trading – that have been "dishonoured upon presentation due to insufficient funds".

The bank claimed Mr Shetty “has now fled the jurisdiction of the UAE to India” and that there was a risk of his “substantial” assets in the Emirates being dissipated.

The assets frozen include properties in Abu Dhabi and Dubai, as well as shares in NMC Health, Finablr, BRS Investment Holdings and other companies. It allows for up to $7,000 per week to be spent on “ordinary living expenses and reasonable sum[s] on legal advice and representation”, a DIFC Courts document granting the freezing order shows.

Credit Europe Bank declined to comment when contacted by The National, stating it does not comment on ongoing litigation proceedings. Representatives for Mr Shetty and for NMC Healthcare, which is now being run by administrators Alvarez & Marsal, also declined to comment.

NMC Healthcare was founded by Mr Shetty in 1975 and grew from a single hospital into the UAE’s biggest privately-owned healthcare operator, which employed 2,000 doctors and 20,000 other staff. The company was listed on the London stock exchange and at its peak was valued at £8.58 billion (Dh40bn). However, its shares slumped after short seller Muddy Waters Research issued a report in December 2019 alleging the company had inflated its cash balances, overpaid for assets and understated its debts. This led to a string of damaging revelations by the company, including the fact that its debt was materially higher – at $6.6bn – than the $2.1bn on its balance sheet. NMC Healthcare was placed into administration in April by its biggest creditor, Abu Dhabi Commercial Bank, but its UAE businesses continue to trade as a going concern.

Mr Shetty said in a statement issued in April that he has been a victim of fraud committed by "a small group of current and former executives” at companies owned by him. He said bank accounts were created in his name and transactions were made without his knowledge, and that loans, cheques and bank transfers were also fraudulently guaranteed in his name using his forged signature.

In response to the claim filed by Credit Europe Bank (Dubai) at the DIFC Courts, Mr Shetty says he did not personally guarantee loans made to NMC Trading or NMC Healthcare and that the signatures used on cheques guaranteeing the loans are forgeries. His defence cites the opinion of “Dr Al Bah, an independent, experienced and qualified forensic document examiner”, that someone other than Mr Shetty signed the lending agreements and cheques.

An application by NMC Trading and NMC Healthcare to the DIFC Courts to have the claim against it heard in private for fear of triggering claims by other lenders – the group owes money to around 80 local, regional and international lenders – was dismissed, given that the appointment of administrators at the group and allegations of fraud at the company are already in the public domain.

Both companies have indicated to DIFC Courts that they intend to contest the claim against them.

Comments

UAE Muslim
 - 
Sunday, 26 Jul 2020

give money to RSS now to kill muslim....GOD will turn the table for moran like you BR,...shamed of tulu guy cheated the UAE govennment...not root in hell

ANONYMOUS
 - 
Saturday, 25 Jul 2020

amount should be 8 billion dollar and not 8 million dollar

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