Wrong information should not be recorded in the House: Siddaramaiah

Agencies
July 22, 2019

Bengaluru, Jul 22: Senior Congress leader and former Chief Minister of Karnataka, Siddaramaiah on Monday said allegations made by BJP MLA CT Ravi that he had left JD (S) was false, adding that wrong information should not be recorded in the Assembly.

"CT Ravi does not have the proper information. I did not leave JD(S), I was expelled. After that, I did not join Congress immediately. I was trying to form a regional party. I was expelled from JD(S) in May 2005. I joined Congress in 2006. Wrong information should not be recorded here," Siddaramaih said in the Vidhan Soudha here.

Earlier today, Siddaramaiah said that while it is up to the Assembly Speaker to take a call on a confidence motion they have also filed a petition in the Supreme Court.

"The Speaker will take a call on a confidence motion. We have already said that we will prove the confidence in Vidhana Soudha. The case is pending in Supreme Court. We have also filed the petition, most probably tomorrow Supreme Court will hear our plea," he told reporters earlier.

Meanwhile the Karnataka Assembly Speaker K R Ramesh Kumar asked the MLAs of both the parties to not give long speeches and stick to the time alloted to them.
"Each member will speak only for 10 minutes. Don't make me say this again and again," Kumar said. 

The Congress-JDS government slumped into a minority earlier this month following the resignation of several dissident MLAs. Sixteen MLAs from the ruling coalition including thirteen Congress and three JD(S) MLAs have resigned.

On Friday, the Assembly failed to meet the deadline set by Governor Vajubhai Vala to complete the trust vote. After that, Chief Minister Kumaraswamy moved the Supreme Court challenging the Governor's directive to the government saying it was in violation of well-settled law laid down by the court.

The state Assembly has 225 members, including one nominated MLA. The halfway mark in the 225-member Assembly is 113.

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News Network
March 1,2020

Mangaluru, Mar 1: A youth lost his life in a lift crash at a wedding hall at Kallapu near Thokkottu on the outskirts of the city today. 

The deceased has been identified as Hamzah (30), a resident near Thumbay, who was part of the catering team hired for the marriage ceremony. 

The tragedy occurred at around 2 p.m. when Hamzah was getting ready to bring utensils and other things by lift from the third floor of the hall. All of a sudden, the lift’s ropes came loose and Hamzah lost his balance and got trapped inside.

He was pulled out and rushed to a hospital in Deralakatte, but he breathed his last on the way. He is survived by his wife and three children.

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Sunday, 1 Mar 2020

Inna lillah.. I think someone with a good computer knowledge under an organisation shud come up with fund raisals so that we can donate in a transparent manner

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coastaldigest.com news network
June 21,2020

Udupi, June 21: An entrepreneur lost his life after the car he was driving veered off the road and plunged into a roadside tank near Barkuru in Brahmavar taluk of Udupi district today.

The deceased has been identified as Santosh Shetty, a resident of Vakwadi in Kundapur taluk. He is the proprietor of Laxmi Glass and Plywood, Koteshwara. 

A woman, identified as Shweta, who was also on board the car suffered critical injuries.  

The mishap occurred when the duo was heading to Vakwadi from Brahmavar in Hyundai Car sedan car. 

Shetty lost control over his vehicle while negotiating a curve at Chaulikere and the car plunged off the road as there was no barricade. 

Even though local residents began rescue operation immediately, Shetty breathed his last on the spot. Shweta was rescued and shifted to a hospital in Manipal for treatment.

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News Network
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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