Welcome to No.1 state. Now, find time to resolve Mahadayi row: Karnataka CM to PM

News Network
February 4, 2018

Bengaluru, Feb 4: Hours before Prime Minister Narendra Modi's public rally in Bengaluru, Karnataka Chief Minister Siddaramaiah on Sunday asked him to "find time" to resolve the inter-state Mahadayi River water row with neighbouring Goa. Claiming that Karnataka is the number one state in investment and innovation, and highlighting Bengaluru as a start up and innovation hub, Siddaramaiah boasted about having scripted several national firsts across key sectors through a unique model of development.

"I welcome PM @narendramodi to Namma Karnataka - the no.1 state in investments, innovation & progressive policies.. Through a unique model of development, we have scripted several national firsts across key sectors," Siddaramaiah said in a tweet.

"I am confident that Karnataka's success makes India proud," he said. "@narendramodi, I am glad you are making time to visit the country's startup & innovation hub, Namma Bengaluru today..On behalf of my people, I urge you to find the time for Karnataka's drinking water needs & help us resolve the #Mahadayi dispute #NammaKarnatakaFirst," he said in another tweet.

Responding to Chief Minister's tweets, state BJP Chief B S Yeddyurappa alleged that Karnataka has scripted several firsts like corruption, farmers suicide and collapse of law and order under Siddaramaiah's regime. "Thanks for the welcome CM @siddaramaiah avare! Yes. Karnataka indeed has scripted several firsts - No.1 Corrupt State, 3,500+ farmer suicides, the collapse of law & order, mysterious deaths of officers, transfers of honest officials, crumbling infra of Bengaluru. #KarnatakaTrustsModi," he said in a tweet.

Karnataka has for long been demanding Prime Minister's intervention in resolving the interstate Mahadayi river water sharing dispute by calling a meeting of chief ministers of riparian states that includes Goa and Maharashtra. Various Kannada organisations and farmers groups have called for "black day" today alleging that the prime minister was not heeding to their demand. Recently 'Kannada Okkuta,' an umbrella organisation of various pro-Kannada organisation along with farmers' groups, had called for dawn-to-dusk Karnataka bandh on January 25, demanding the prime minister's intervention. Their plans earlier to observe bandh today also, on the day of prime minister's visit had failed with the Karnataka High Court on Friday issuing the stay on the shut down after terming it as "unconstitutional".

Karnataka, which has locked horns with neighbouring Goa on sharing Mahadayi River water, is seeking the release of 7.56 tmcft water for the Kalasa-Banduri Nala project. The project is being undertaken to improve drinking water supply to the twin cities of Hubballi-Dharwad and districts of Belagavi and Gadag.

It involves building barrages across Kalasa and Banduri, tributaries of Mahadayi River, to divert 7.56 tmc ft water to Malaprabha which meets drinking water needs of the region. Attempts have been made by Karnataka to amicably solve the issue that is also pending before the Mahadayi Water Disputes Tribunal.

Comments

Mohammed
 - 
Monday, 5 Feb 2018

Yes CM sir, We are proud of you. You have lots to Karnataka. But Media is not focusing on your work, its very sad. We wud expect you to do more for kannadigas. Also please request you to cancel all TOLL-roads in Karnataka. We are already paying huge vehicle tax.  Hope you release a good budget & dont make us sad like our Laywer-FM.....

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News Network
July 1,2020

Bengaluru, Jul 1: Karnataka government has announced a complete lockdown on Sundays till August 2. "There shall be complete lockdown on Sundays from July 5 and followed by next four Sundays till August 2," stated the government. 

"However, essential activities allowed during night curfew will be permitted during Sunday lockdown too. Marriages already fixed on Sundays will be permitted as per norms," also said.

The government further ordered, "All government offices, Boards and Corporations, except those operating and maintaining essential services, shall remain closed on all Saturdays till the second week of August."

Employers should ensure that the Aarogya Setu app is downloaded and used by the employees. The app enables the identification of potential risk of infection,

Regarding Sunday Lockdown, it said, there shall be complete lockdown on Sundays with effect from 5th July, 2020, and followed by next 4 Sundays till 2nd August, 2020.

However, the essential activities as above permitted during Night Curfew shall be permitted during the Sunday lockdown also.

Lockdown in Containment Zones in Karnataka

Lockdown will continue to remain in force in the Containment zones. In the Containment Zones, only essential activities shall be allowed. There shall be strict perimeter control to ensure that there is no movement of people in or out of these zones, except for medical emergencies and for facilitating supply of essential goods and services. In the Containment Zones, there shall be intensive contact tracing, house-to-house surveillance, and other clinical interventions, as required.

All vulnerable persons, individuals above 65, persons with comorbidities, pregnant women and children below the age of 10 years are advised to stay at home, except for health and essential purposes.

Karnataka saw 947 new coronavirus cases, including 503 cases from Bengaluru Urban, taking the total number of cases to 15,242. Death toll has jumped to 246 after 20 deaths were reported on Tuesday, according to the data released by Union Health Ministry. 

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News Network
February 17,2020

Abu Dhabi, Feb 17: NMC Health Plc, a hospital operator targeted by short-seller Muddy Waters, said founder Bavaguthu Raghuram Shetty resigned amid investor concern he faced a margin call and misrepresented his stake.

The board asked for Co-Chairman Shetty’s resignation and it takes effect immediately, according to a person with knowledge of the situation. NMC has lost four board members since Friday, including Vice Chairman Khaleefa Butti, whose holdings are also being probed. The stock, the worst performer on the FTSE-100 Index this year, fell as much as 9.2 percent Monday morning and then rebounded.

“The resignation of senior board members should be viewed positively,” said Abdulla Nahlawi, an analyst at Rasmala Investment Bank in Dubai. “The credibility of the current board has been jeopardized with the unfolding of the recent events.”

NMC shares lost almost half their value the first week of February on speculation the company’s main investors faced a margin call, in which banks seize shares pledged as collateral. NMC said Friday that First Abu Dhabi Bank and Al Salam Bank Bahrain obtained 20 million shares in the company from BRS International Holding, an investment vehicle of NMC’s top shareholders. The banks sold more than 8 million of those shares as “enforcement of security,” NMC said.

NMC operates the largest medical network in the United Arab Emirates and in 2012 became the first Abu Dhabi company to list in London. The shares started teetering in mid-December when Muddy Waters alleged that NMC manipulated its balance sheet and inflated the prices of companies it acquired.

Shetty, 77, was born in India and founded NMC in the 1970s after moving to Abu Dhabi. His spokesman said a legal review of the situation is ongoing and declined further comment.

Chief Investment Officer Hani Buttikhi and board member Abdulrahman Basaddiq also stepped down because they were appointees of Shetty and Butti, NMC said, adding that they had no knowledge of the share transfers.

Questions remain over the role of Shetty’s family at the company. His wife and son-in-law both hold roles in senior management.

Almost 10 per cent of NMC’s freely traded shares are shorted, according to Markit Securities data. In mid-December about a third of them were.

Last week GKSD Investment, an investment company backed by hospital investors, said it’s studying a possible offer for NMC. Under U.K. takeover rules, it has until March 9 to make a bid.

NMC has said Muddy Waters’s claims are false and the company hired former FBI Director Louis Freeh to conduct an independent review. The review is due to be completed before the company issues its financial results in March, the person said.

NMC said Mark Tompkins will continue as the company’s sole chairman.

Comments

sunita kejriwal
 - 
Monday, 17 Feb 2020

BRS could not fool all the people all the time!

 

Bhakth
 - 
Monday, 17 Feb 2020

Illegal way of earning will not last for long. 

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News Network
June 20,2020

Bengaluru, Jun 20: Former Chief Minister and Congress Legislative Party leader Siddaramaiah has slammed BJP leader and former Congress MP and MLA H Vishwanath for blaming him for not getting MLC ticket.

Siddaramaiah said, "H Vishwanath is neither a fool nor intelligent, that's why he's blaming me for not getting ticket. He is in BJP and I'm in congress how will I influence his ticket."

He also slammed Chief Minister B. S. Yediyurappa, "Yediyurappa is toothless to speak to PM and asking for funds which need to be allotted to Karnataka including 5,049 crores, which 15th finance Commission suggested."

"No pro-people schemes must be stopped including Indira canteen, Yediyurappa thinks Indira canteen will bring good name to me that's why this government is trying to stop it," he added.

He was speaking after a protest organised at Mysuru against the hike in fuel prices.

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