Gauri killing, Infosys turmoil mark 2017 in Karnataka

Agencies
December 25, 2017

Bengaluru, Dec 25: The killing of journalist- activist Gauri Lankesh and the boardroom battle at IT giant Infosys marked the high point of variegated developments from Karnataka during 2017, which also saw political parties sounding the bugle for the Assembly polls early next year.

Diary entries by a political aide of Chief Minister Siddaramaiah, indicating payments to Congress leadership; IT raids against Power Minister D K Shivakumar and factional feud within BJP against party chief B S Yeddyurappa made political waves in the state.

The Siddaramaiah government also stirred a hornet's nest as it initiated a move for a separate flag for the state and providing a legal standing for it, which came under severe criticism with some equating it to Jammu and Kashmir, which enjoys a special status under Article 370 of the Constitution.

The demand for a separate religion tag to Veerashaiva- Lingayat faith also surfaced from the numerically strong and politically-influential community.

The year also saw ousted AIADMK leader V K Sasikala's return to central prison here with the Supreme Court upholding her conviction in a disproportionate assets case. This came at a time when she was staking claim as successor to the legacy of Tamil Nadu's former chief minister J Jayalalithaa, who died last year.

Preferential treatment extended in jail to Sasikala made national headlines, after senior woman IPS officer D Roopa blew the lid over "corrupt practices".

The year also saw city-headquartered Isro that was on a success spree, taste failure after a long gap, with its trusteworkhorsese, PSLV failing to launch backup navigation satellite IRNSS-1H into the orbit due to technical fault.

The year began with public outrage over horrific incidents of mass molestation and groping of women in Bengaluru on New Year's Eve.

The year also saw a spurt in communal tension in coastal districts and incidents of political murders in different parts of the state, raising the political temperature with the BJP accusing the ruling Congress of being "soft" on "jihadi elements".

The audacious attack by unidentified motorcycle-borne assailants by pumping bullets into 55-year-old Lankesh, known for her left-leaning outlook and forthright views against Hindutva politics on September 5 created a national outrage and rekindled the debate on freedom of expression and free thinking.

Though there are allegations holding right-wing organisations and also Maoists responsible for her killing, police who have released sketches of the suspects are yet to nab the culprits.

Rationalist M M Kalburgi was killed in a similar fashion at his residence in Dharward, in August 2015.

Politically, the year witnessed all three parties-the Congress, the BJP and the JDS- kick-start preparations in the run-up to Assembly polls early next year, amid efforts to sort out differences among their respective top leadership.

While there is disgruntlement in the BJP between Yeddyurappa and other senior leaders, including K S Eshwarappa, over the former chief minister's style of functioning, post the intervention of party's national chief Amit Shah, all the leaders have embarked on a state wide 'parivartana yatra' to "expose the misdeeds" of the Siddaramaiah government.

The Congress, too, with an intention to retain power has planned yatras across the state amid reports about differences between Siddaramaiah and KPCC chief G Parameshwara.

According to insiders, the party's old guard, including Parameshwara, are disgruntled with high command's announcement that Siddaramaiah will be the party's face during polls.

The JDS, too, has its own set of internal issues, most importantly within the family of party supremo and former prime minister H D Deve Gowda over how many members from the family will contest the assembly polls.

There is a growing demand from within the family for tickets, despite Gowda maintaining only his two sons Kumaraswamy and Revanna will contest.

Among the other developments that made national headlines politically from the state include issue relates to a diary reportedly recovered by the Income Tax department from the residence of the chief minister's Parliamentary Secretary K Govindaraju.

The entries reportedly show a few acronyms similar to the names of some central Congress leaders, indicating payments.

In an action that became a hot political issue for the Congress to target the Modi government, the Income Tax department conducted raids on properties linked to Karnataka Energy Minister D K Shivakumar in connection with a tax evasion case.

Shivakumar at the time was hosting 44 Gujarat Congress MLAs at a resort on the city outskirts to thwart the "poaching" attempts by the BJP ahead of Rajya Sabha polls in that state.

Ahmed Patel, the political secretary to Congress chief Sonia Gandhi, was a contestant in the election to the Rajya Sabha from Gujarat, which he eventually won.

During the I-T raids at about 66 places across the country, the department officials claimed they had seized cash and jewellery worth over Rs 15 crore. The I-T department is yet to make an official statement regarding the outcome.

The other development that can be marked as important this year is separate religion status demand for Veerashaiva- Lingayat faith.

However, there is resentment within the community over projecting Lingayats and Veerashaivas as the same.

While one section under "Akhila Bharata Veerashaiva Mahasabha" has demanded a separate religion status, asserting that Veerashaiva and Lingayats are the same, the other wants it only for Lingayats as they believe that Veerashaiva is one among the seven sects of Shaivas, which is part of Hinduism.

The Veerashaiva-Lingayat community that pays allegiance to the 12th century "social reform movement" initiated by Basaveshwara has a substantial population in Karnataka, especially in the northern parts of the state.

The BJP and several sections of the Hindu community are opposed to the move to give Veerashaiva-Lingayat separate religion status and have accused the Siddaramaiah government of dividing the society to draw political mileage ahead of assembly elections due early next year.

On the business front, Vishal Sikka, the first non-founder CEO of Infosys, resigned amid heightened acrimony between the board and the high-profile founders led by N R Narayana Murthy, who had demanded a clean-up at the country's second-largest software services firm.

Over the next few days, the then chairman R Seshasayee and two others also relinquished their positions.

Murthy, along with some former Infosys executives, had claimed serious corporate governance lapses and questioned the high severance packages paid to former CFO and others.

Another major contention was the acquisition of the Israeli automation technology firm Panaya by Infosys. The founders citing whistleblower reports had raised concerns about the $200 million buyout.

Nandan Nilekani, one of the Infosys co-founders and Aadhaar architect, was brought in as non-executive chairman to restore order at the embattled company, and was tasked with finding Sikka's successor as the shareholder sentiment was hit by the developments at the firm.

Concluding the three-month high-profile executive search, Infosys earlier this month appointed Salil S Parekh who was a member of the group executive board at French firm Capgemini as its CEO and managing director.

In another development, as a major setback on August 31, India's mission to launch its backup navigation satellite IRNSS-1H on board PSLV-C39 ended in a failure after a technical fault on the final leg following a perfect launch.

City-headquartered Isro has said the heat shield did not separate on the final leg of the launch sequence and, as a result, IRNSS-1H got stuck in the fourth stage of the rocket.

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Agencies
March 15,2020

New Delhi, Mar 15: The new rules for debit and credit cards to increase security and reduce frauds kick in from Monday. In January, the Reserve Bank of India (RBI) had issued new rules to improve user convenience and increase the security of card transactions. These rules will help in curbing the misuse of debit and credit cards.

RBI has directed banks to allow only domestic card transactions at ATMs and PoS terminals in India at the time of issuance/reissuance of card. For international transactions, online transactions, card-not-present transactions and contactless transactions, customers will have to separately set up services on their card.

These rules will be applicable for new cards from March 16. Those with old cards can decide whether to disable any of these features.

As per the existing rules, these services used to come automatically with the card, but now it will start at the request of the customer.

Debit or credit card customers who have not yet done any online transaction, contactless transaction or international transaction with the card, then these services on the card will automatically stop from March 16.

The Reserve Bank has asked all banks to provide mobile banking, net banking option to enable limit and enable and disable service 24 hours a day, seven days a week.

If the customer makes any change in the status of the card, the bank will alert the customer through SMS/email and send the information.

Issuers shall provide to all cardholders facility to switch on/off and set/modify transaction limits (within the overall card limit, if any, set by the issuer) for all types of transactions -- domestic and international, at PoS/ATMs/online transactions/contactless transactions, etc.,

The provisions, however, are not mandatory for prepaid gift cards and those used at mass transit systems.

The latest instructions come in the wake of rising instances of cyber frauds and the huge increase in the use of cards.

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Agencies
February 10,2020

New Delhi, Feb 10: The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100% stake with management control and has invited the Expression of Interest for the same by March 16.

The selected bidder will be required to lock in its shares for a period of three years during which it cannot undertake the sale of its stake in CEL, the PIM (Preliminary Information Memorandum) said.

"The government of India has 'in-principle' decided to disinvest 100 per cent of its equity shareholding in CEL (which is equivalent to 100 per cent of the total paid up equity share capital of CEL) through Strategic Disinvestment with transfer of management control (Strategic Disinvestment or Transaction)," DIPAM, the Disinvestment Department, said.

The process for the transaction has been divided into two stages, namely, Stage I and Stage II.

After BPCL and Air India, this is yet another CPSE which government is slated to privatise if it gets offers from bidders.

The government has set a challenging target of Rs 2.1 lakh crore disinvestment proceeds from CPSE sell-offs and IPOs, OFSs (Offer for sale) in the next fiscal and it going out all guns blazing to meet that target after revising this fiscal target of Rs 1.05 lakh crore to Rs 65,000 crore.

The Interested Bidders (which can also include employees of CEL) must have a minimum net worth of Rs 50 crore as on March 2019. DIPAM has released complete invitation Preliminary Information Memorandum (PIM) of CEL. Resurgent India Limited is the advisor to the Transaction.

CEL is a pioneer in the country in the field of Solar Photovoltaic (SPV) with the distinction of having developed India's first Solar cell in 1977 and first Solar panel in 1978 as well as commissioning India's first solar plant in 1992.

More recently, it has developed and manufactured the first crystalline flexible solar panel especially for use on the passenger train roofs in 2015.

Its solar products have been qualified to International Standards IEC 61215/61730. CEL is further working on development of a range of new and upgraded products for signaling and telecommunication in the railway sector.

In the SWOT analysis of the CPSE, DIPAM has stated under weakness that "the company has weak financial loss due to past losses, high manufacturing cost and non payment of dues by state nodal agencies affecting the financial position of the company".

The CPSE has adequate land for expansion, the SWOT analysis said adding "the CPSE faces threat of dumping of solar cells at very low rates which makes solar PV manufacturing industry unviable".

Entry of new players in the market for solar products and railway signalling systems also is cited as a threat.

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News Network
June 1,2020

Coimbatore, June 1: A communal conspiracy has been aborted by the police by arrested a miscreant who had placed meat in front of Venugopala Krishnaswamy Temple and Sri Ragavendra Temple in Coimbatore, Tamil Nadu.

The miscreant has been identified as S Hari Ramprakash, 48, of Kavundampalayam in Coimbatore. He is a civil engineering graduate. It is suspected that He is a Sangh Parivar activist and the intention behind his act was to put the blame on Muslims.

Even though officials claimed that Hari appeared to be mentally disturbed, there were no medical records that stated he was mentally disturbed.

Two separate cases were registered against Hari. He was booked under sections 153 A (promoting enmity between different groups) 295 A (deliberate and malicious acts intended to outrage religious feelings of any class by insulting its religion or religious beliefs) and 298 (uttering words etc, with deliberate intent to wound religious feelings) of the Indian Penal Code.

City police commissioner Sumit Sharan said, “We collected CCTV footage and found a man, who had parked his motorcycle near the two temples and returned from the temples. Based on the registration number, we traced and arrested Hari.”

Commissioner added that the city has CCTV cameras in many places and it helped police officials crack the case faster. The police said he purchased one kg of pork meat from a shop at Kavundamapalaym last Friday morning and placed it in front of the temples on the same day.

Comments

zaki ahmed
 - 
Monday, 1 Jun 2020

Now why is this story not highlighted in national media so that the whole nation knows about the intent of the BJp , the sangh parivar & the rss & also those communal outfits who support atrocities against minorities 

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