Yadgir, Jan 21: A bag was found abandoned at the Yadgir Bus Stand on Tuesday morning that left the commuters in panic.
After receiving the information, a police team, along with a sniffer dog, rushed to the spot. When the bag was checked, the police found clothes and cash in it.
It is stated that a passenger might have left the bag in a hurry to catch the bus.
Mangaluru, Jan 11: CISF officials detained a passenger at Mangaluru International Airport here and seized from him currencies of foreign countries worth about Rs five lakh here on Saturday.
Official sources said that the passenger, identified as Shahul Hameed Theruvath, was supposed to take the Spice jet flight SG 059 for Dubai.
During the X BIS screening process, CISF officials noticed some suspicious image in Shahul’s hand baggage.
The thorough check of bag revealed foreign currencies of various countries worth Rs 5.48 lakh. The seized currencies were 76 US dollars of 100 denomination, Chinese Yuan, Malaysian Ringgits and Turkish Lira of smaller denomination. The currencies that were in his possession did not have any legal permission.
The personnel handed over the foreign currency recovered and the passenger to Customs officials for further inquiry.
Abu Dhabi-based NMC Healthcare has reportedly received bids to sell its distribution unit and will soon be selling it to different parties.
The development comes over three months after NMC Healthcare’s founder and then-chairman B R Shetty stepped down amid allegations of massive fraud.
The company, which recently laid off hundreds of workers, is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations. In addition, this stake sale will help the company pay off some of its debt
"There are parties who have strong interest in the distribution business. NMC will be offloading the unit soon and that also to different parties," a source said.
"The company is in the process of exploring options for NMC Trading, the group's distribution business, which it has determined to be non-core and requiring substantial levels of working capital. The process should not materially adversely impact distributors' activities, nor NMC Trading's customers," an NMC Healthcare spokeswoman said.
The UK-court has appointed Alvarez & Marsal as administrator to oversee the operations of the debt-ridden hospital operator. The healthcare firm has been caught in a whirlpool of $6.6 billion debt while its senior former high management team is under investigation for financial irregularities.
The UAE Central Bank has direct local banks to freeze all bank accounts of NMC founder BR Shetty and his family members as well as accounts of those companies where he has a stake. The Central Bank move is subsequent to a criminal complaint filed by Abu Dhabi Commercial Bank, which has the largest exposure to NMC Healthcare, amounting Dh3 billion.
As the company faces financial difficulties, Reuters reported that NMC Health delayed May staff salaries and now expects to complete making payments by the first week of June.
The spokeswoman said: "The company has been in regular dialogue with its creditor constituencies through various creditor committees, including the direct bank lenders to its NMC Trading businesses."
Mangaluru, Jan 25: Hotelier Samtappa reportedly committed suicide by consuming poison in Kadaba taluk in the district on police said on Saturday.
The deceased was running a hotel named Hotel Samtappa here.
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