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‘Unrest in Dakshina Kannada may affect investments flow into Karnataka’

coastaldigest.com news network
July 13, 2017

Mysuru, Jul 13: Expressing concern over communal unrest and violence in coastal district of Dakshina Kannada, a senior BJP leader has warned that the recent development could affect investments flowing into Karnataka.bc road 11

Nirmala Sitharaman, the Union Minister of State for Commerce and Industry Nirmala Sitharaman, speaking to media persons, here, said that Karnataka was always an investor-friendly State and the potential of Bengaluru is internationally recognised.

“But, if Bengaluru is seen as the capital of a State where such incidents take place and there are law and order issues or people are being killed for ideological reasons with no sufficient action taken to curb it, then it could affect investments,” she said.

Ms. Sitharaman said administrative action should bring greater sense of security and safety. If the State is not strong enough to bring the culprits to justice then investments will suffer and ‘we do not want that to happen’, she said.

Referring to the killing of RSS activists in Mangaluru recently and in Mysuru last year, Ms. Sitharaman said nothing was done to curtail such violence and sufficient action was not taken to nab the suspects or produce them in court.

Ms. Sitharaman claimed that the public response to her door-to-door campaign was overwhelming and people were aware of the development works being taken up the Centre and expressed confidence that the people will stand by the BJP in the assembly elections slated to be held next year.

In reply to a question, Ms. Sitharaman said the concept of vistarak was a nation-wide and not rolled out in anticipation of the elections next year in Karnataka. “I am in Mysuru to spend a day as a Vistarak,” said Mr. Sitharaman, who will also interact with industrialists and entrepreneurs on GST later in the day. Earlier, she also took part in a cleaning campaign at a park under Swachh Bharat Abhiyan and visited a few localities as part of public contact programme.

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Ranjan shetty
 - 
Sunday, 16 Jul 2017

Fairman #### ##f , we know what is fake and what is true . ur community raped 13 year old gal and converted in heart of delhi .dont touch me anything u _________

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coastaldigest.com news network
August 6,2020

Karwar, Aug 6: In a shocking incident, a 40-day-old girl child was murdered by her own parents in Sirsi town in Karnataka’s Uttara Kannada district.

The accused are Priyanka (21) and her husband Chandrashekhar Bhat (42), residents of Ramanakoppa in Sahasrahalli in Yellapur.

According to police, the couple did not want a girl child and hence threw it into a well. The couple was arrested by the police the very next day.

The incident came to light after the child’s maternal uncle, Abhishek Jagadeesh Singh Choudhari, a resident of Rajeev Nagar in Sirsi, lodge a complaint with Yellapur police station. 

He had claimed that his sister Priyanka’s baby had been kidnapped and subsequently killed. 

Priyanka had claimed that she woke up around 2.30am on August 2 to find that her baby, Tanushri, was not in her cradle. Her husband’s family subsequently started searching for the baby, which they found dead inside a well. 

Choudhari suspected that Tanushri had been kidnapped, and had been killed by her abductors to erase any evidence of their crime.

Uttara Kannada superintendent of police Shivaprakash Devaraju constituted a team to crack the crime, and the cops, who subjected the parents to an interrogation, found that they were the culprits.

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News Network
January 15,2020

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.

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News Network
March 16,2020

Bengaluru, Mar 16: Hundreds of people gathered to felicitate the newly appointed Karnataka Pradesh Congress Committee president DK Shivakumar in Bengaluru on Monday.

"Everyone is a team, I'm not alone. We all are together and we will work together," Kumar had said after his appointment.

Shivakumar was appointed as the chief of Karnataka Congress last week on Wednesday.

Party leaders Eshwar Khandre, Satish Jarkiholi and Saleem Ahmed were appointed working presidents of the Karnataka Pradesh Congress Committee.

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