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Mangaluru: Zakariya Jokatte conferred with 'Star of Bearys 2016' award

[email protected] (CD Network)
August 15, 2016

Mangaluru, Aug 15: NRI entrepreneur, philanthropist and social worker Zakariya Jokatte has been conferred with 'Star of Bearys 2016' award by the UAE-based Bearys Cultural Forum.

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The annual award was presented during the BCF scholarship meet held at Loyola Hall in the city on Sunday in the presence of a galaxy of dignitaries from Beary community.

Mr Jokatte, who hailed from a humble family background, established his own company Al Muzain in Saudi Arabia's industrial city of Jubail years ago.

He has provided employment to hundreds of youth from coastal Karnataka in Saudi Arabia for past one decade. He is known for his social works and philanthropic activities in Dakshina Kannada district.

Dr BK Yusuf, president, BCF, B A Mohiuddin Bava, MLA, Mangaluru North, BM Farooq, chairman, Fiza group of companies were present on the occasion among others.

Also Read: Mangaluru: BCF presents scholarships, wheel-chairs, sewing machines

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Comments

Monabba Abdulr…
 - 
Tuesday, 16 Aug 2016

Dear Dubai BCF,

Please accept my heartiest congratulations on this glorious achievement of serving the poor and needy people of our own, South Kanara. In today's God Forsaken Planet, where every other headline reads about the ongoing unjustice in the World, Your efforts has restored the faith in the humanity. Kudos to all of you for that! It is a proud moment for the entire Beary Community.

As a fellow social worker and someone who shares similar ideologies, my humble suggestion would be to establish a fixed income generating assets back home ( Mangalore ) which would ensure that our needy people have all their basic needs fulfilled perennially without having to depend on funds from the Middle East. Most of the social work amongst our Beary Community is dependent on funds flowing from the Middle East but with the current Oil crises, my suggestion is in the need of the hour.

Inspired by your work, We the Bearys in Muscat have decided to form an Association in the forthcoming days and serve the Community in whatever way possible.

I wish you all the success in your future endeavours. May ALLAH (swt) support all of you in the noble cause of helping the less fortunate ( Aameen ).

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News Network
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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News Network
July 29,2020

Bengaluru, July 29: The Central Crime Branch arrested four international drug peddlers belonging to Kerala and recovered drugs worth Rs 1.25 crore from them, said Karnataka Home Minister Basavaraj Bommai on Wednesday.

"We have started a war on drugs. Our agenda is to curb the drug mafia not only in Bengaluru, but in entire Karnataka. Many people are involved in the drug mafia. They are targeting students, other states, and international students who can spend and afford to become victims," said Bommai.

The recovered items include 2,000 kg LSD strips, 110 grams MDMA Cristol, 10 ecstasy tablets, 5 kg Ganja, five cell phones, weighing machine and pouches.

"When we raided a house in Soladevanahally police station area, we arrested Shahad Mohammed, Azmal, Ajin KG Verghese and Nitin Mohan. All are from Kerala and we will arrest their contacts as well. They are involved in the dark web mafia," Bommai said.

He said the peddlers were using post offices and couriers for their business.

"I'll speak to the central government, the home ministry and postal department, and other issues related to this mafia. Canada, Netherlands, and other nations are also involved in this mafia," said the state home minister.

"People from influential backgrounds are also involved in this mafia, but our objective is zero tolerance. We are using our intelligence. Drugs are coming from other states like AP, Goa, and other states," he said.
Bommai said he was personally addressing this case and appealed for support from parents, schools and colleges.

"I'm addressing this issue personally because it's important to curb the drug mafia. I need support from schools and college managements and parents. I'll also call college and hostel managements before colleges start. We will make managements responsible," he said.

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News Network
May 1,2020

Bengaluru, May 1: Karnataka has reported 11 new cases of coronavirus, taking the State's count to 576, informed the Health Department on Friday.

Out of the total COVID-19 cases found in the State, 235 people have been discharged and 22 people have died.

"11 new COVID-19 cases have been confirmed in Karnataka from April 30, 5 pm till noon today, taking the total number of cases to 576, which includes 22 deaths and 235 discharges," said the State government COVID-19 bulletin.

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