Two sisters, 3-yr-old child die after being run over by train engine at Manjeshwar

coastaldigest.com news network

January 31, 2018

Manjeshwar, Jan 31: In a gut-wrenching tragedy, three members of a family were crushed to death by the engine of a train while crossing railway tracks near Manjeshwar railway station on Wednesday morning.

The victims have been identified as Aamina (45), her sister Ayesha (42) and latter’s three-year-old son Tameem.

According to sources, the trio were knocked down by the engine of a train moving towards Mangaluru. According to reports, they failed to notice the speeding engine as another train had just passed on the adjacent tracks.

All of them breathed their last on the spot. The bodies were shifted to Mangalpady CHC for post-mortem. A case has been registered by Manjeshwar police.

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The NH 66 is very close to station here and the town is on opposite side. A limited height subway linking NH 66 and west side of Manjeshwar Railway station is a must for pedestrians. Foot Over Bridge will be of no use as it is difficult for people to climb the stairs especially for elders and women with kids on tow. Authorities should wake up. There is just a pathway connecting east and west sides of the station. If any train is staioned on the tracks waiting for signal or crossing people tend to cross under the waggons.

Its like suicide only. I saw many people doing the same for getting out from railway station.

Very Sad Rip to the departed souls, urgently we need bullet train to take more lifes

People trying for easy way by risking their life. RIP

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LIC will be IPO of the decade, akin to Saudi Aramco listing: Experts

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February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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NITK-ISRO signs MoU for space research

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January 4,2020

Surathkal, Jan 4: The National Institute of Technology Karnataka (NITK) and the Indian Space Research Organisation (ISRO) have signed agreementsfor joint research and development of technology for application in space, a statement said here on Friday.

As part of the agreement, which was signed by P Venkatakrishnan, Director of ISRO CBPO Division and Prof Umamaheswar Rao, Director, NITK, ISRO will establish the Regional Academic Center for Space (RACS) at NITK.

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