You are guilty; Pay Rs 453-cr in 4 weeks or go to jail: SC tells Anil Ambani

Agencies
February 20, 2019

New Delhi, Feb 20: The Supreme Court Wednesday held RCom chairman Anil Ambani guilty of contempt of court for wilfully violating its order and not paying its dues of Rs 550 crore to Telecom equipment maker Ericsson.

The apex court held that the RCom chairman and Reliance Telecom chairman Satish Seth and Reliance Infratel chairperson Chhaya Virani breached the undertaking given to the apex court and the related orders.

The apex court said the RCom chairman and others will have to purge the contempt by paying Rs 453 crore to Ericsson in 4 weeks.

A bench comprising of Justices RF Nariman and Vineet Saran said if the contemnor failed to make the payments within the specified period, they will undergo a jail term of three months.

The apex court also directed Reliance Telecom and Reliance Infratel to pay Rs 1 crore each in four weeks to the apex court's registry or the chairman will have to go additional jail term of one month.

It directed that Rs 118 crore already deposited by Reliance Group in the apex court's registry be disbursed to Ericsson.

"From the undertakings given by Reliance Group's top brass, it appears they have wilfully not paid the amount to Ericsson despite orders," it said.

The apex court specified that any unconditional apology given by Reliance needs to be rejected as they have breached the undertaking and order.

Comments

kumar
 - 
Wednesday, 20 Feb 2019

Ambani, Adani, shah etc are highly profiled decoits and have looted billions of rupees and got rich.  They are co-brothrs of Mallya.   SC should seize his property in case he fails to pay the dues.   No mercy should be shown on him.   Court is seizing properties of poors who obtained loans of few thousand rupees.  They why should there be relaxation on these thugs who have looted billions of rupees. 

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
July 30,2020

Mangaluru, July 30: Under the KKMA Dream House (Home for Homeless) project, the Karnataka Branch of Kuwait Kerala Muslim Association built two new houses at Nelyadi in Puttur taluk (house # 12 & 13) and handed over the keys on 29th July 2020 to the two widows as an Eid al-Adha gift for them.

Mr. S.M. Basha, president of Sea Food Buyers Association, Mangaluru, Mr. Sajid A.K, president of Highland Islamic Forum (HIF), Mangaluru, Mr. S.M. Farooq, president of KKMA Karnataka State Committee and Mr. Abubakker Thumbay, Vice President of Karnataka Branch Religious Affairs graced the occasion as Chief Guests.

Mr. S.M. Basha along with other dignitaries handed over the House # 12 key to a widow with three daughters at Bail house in Nelyadi and Mr. Sajid A.K. handed over the House # 13 key to another widow with two children at Alampadi in Nelyadi. 

Ustaad Haneef Saqafi, Qateeb Badriya Juma Masjid Nelyadi, Advocate Ismail, Ex-President and present committee member, Abdul Qader, Secretary of Jamaat, Taj Umar, Treasurer of Jamath, City Abbu, Ex-President of Jamath were present.  Ustaad Haneef Saqafi did the dua prayers. Mr. Abdul Rehman,  Contractor of the two houses was also present.

Kuwait Kerala Muslim Association being a leading Social Service Organization is an Extrordinary organization of ordinary people has successfully implemented several social development projects in Kerala and Karnataka states. KKMA Karnataka branch has previously handed over 11 houses for homeless at different places in Dakshina Kannada District.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
February 25,2020

Bengaluru, Feb 25: Opteamix LLC (Opteamix), a digital technology firm, announced today that they have been awarded as a 'Dream Company to Work For' by the World HRD Congress.

Opteamix was ranked 11th in this category which had companies from multiple industries across the globe vying for the title.

In addition to the Dream Company ranking, Opteamix was also recognized for its innovative HR practices and Corporate Social Responsibility practices. The event took place at Taj Land's End in Mumbai on February 16.

Opteamix presented their concept 'Happiness at Work - When Culture drives Performance' that elaborated upon the methodology behind the enhancement of employee happiness.

"We have taken a holistic approach to help our people stay happy at work. While we knew that EQ and IQ were critical to the growth of people, we also believed that it is the Spiritual Quotient (SQ) which our in-house NGO - Right To Live caters to, that helps our people experience next-level career growth," said Varsha Dubey, Lead - Happiness and Learning Activator, while explaining the theory behind the happiness at work during the 30-min presentation before delegates from 65 countries.

"We have empowered our people by equipping them with the right set of tools to help them excel in their performance based on OKR (Objectives and Key Results), CFR (Communication, Feedback, and Review) and Competency Mapping. The optimum blend of these performance management tools has resulted in making a significant impact on the careers of our people and therefore, happy people and 100 per cent innovation and efficiency at work," added Shalu Priya - Director, People Experience.

Now in its 28th year, the World HRD Congress presents awards to organizations that promote innovative human resources practices. The award categories include leadership, talent management, employer branding, training and development, employee engagement, and more.

In the recent past, Opteamix had been recognized for its commitment to employee excellence with numerous awards and recognitions including 'Dream Companies to Work for' in 2017 and 2018.

World HRD Congress is billed as South Asia's largest HR event, featuring an eminent panel on international and local speakers from across public and private sectors.

The conference serves as a platform for the HR fraternity to deliberate on the insights, initiatives and implications of people management practices. The theme this year 'Happiness at work', recognized individuals and companies for their exceptional people management practices.

"We strongly believe in creating a culture of happiness at Opteamix. To us, happiness is as important as revenue and profits. The culture of happiness has been the Opteamix way of life since inception, which has led us to achieve our ultimate goals - higher career growth for all members and richer customer experience," said Raghurama Kote - Founder and COO of Opteamix, on being asked what a happy organization meant to him.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 16,2020

Bengaluru, Jul 16: Karnataka Medical Education Minister K Sudhakar on Thursday paid a surprise visit to the C V Raman Hospital in Bengaluru and urged the administration to follow COVID-19 guidelines properly. He also took stock of the hospital's preparedness to fight the deadly virus.

The minister noticed a number of flaws and warned the hospital to go strictly by the guidelines. He saw that despite 15 high-flow oxygen beds lay vacant, only two patients were admitted. He then asked the hospital to send asymptomatic and mildly symptomatic patients to COVID-19 care centres so that beds were available to those who need these.

"Doctors' profession is a noble one and in a situation like this everyone should perform their duty with utmost humanity and compassion. During this crisis, we should all be kind and empathetic," the minister said. He also ordered the suspension of two officials for not following the guidelines and not giving the right treatment to patients.

He noticed that the hospital lab collected less number of swabs and instructed them to collect a minimum of 500 swabs per day. Pointing out the under-utilised beds and ICUs, he observed that because of such negligence by officials, the government is being blamed despite working day and night for the past four-five months.
During this visit, the minister also interacted with the patients through video call and enquired about the services provided to them by the hospital.

"Surprise visits will continue. I will be in touch with every lab and get the right number of tests done on a daily basis," the minister said while speaking to the media.

He also urged the people who have recovered from COVID-19 to donate their plasma to save other lives, adding that donors will receive a reward of Rs 5000 as a token of appreciation.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.