Mangalore, June 25: Dozens of devotees under the leadership of vice-president of Sri Manjunatha Temple Jeernodhara Samiti Pradeep Kumar Kalkura offered tender coconuts to the presiding deity for the welfare of mankind here.
Mangalore MP Nalin Kumar Kateel, deputy speaker of the state assembly N Yogish Bhat, administrator of the temple D K Kusumadhar, Corporator Ashok, Kannada activist Pradeep Kumar Kalkura and leading citizens of the area participated in the rituals.
Mangaluru, Aug 7: Following the incessant rain for last few days and subsequent landslides reported at various places along Charmadi Ghat, the movement of vehicles been banned for two days.
Charmadi Ghat road connects Dakshina Kannada and Chikkamagaluru districts on National Highway-73. The fresh landslides caused cracks on the road and uprooted many trees.
Officials have closed Charmadi as well as Kottigehara check posts as a precautionary measure.
Belthangady tahsildar Mahesh J confirmed that multiple landslides have hit Charmadi Ghat road.
"The road has been closed for vehicular movement as the officials are at the spot to clear landslide debris. As a precautionary measure, vehicular movement has been banned as there are chances of further landslides," he said.
Hundreds of commuters who were stuck on various stretches of the ghat following a landslide between Maleyamaruta and Alekan falls in Chikkamagaluru district have been rescued.
Kasaragod, Feb 5: The customs officials has confiscated 15.5 kilograms gold from a car at Bekal near here on Wednesday.
Sources said, acting on a tip-off, the customs sleuths intercepted a car at Bekal, and seized the yellow metal which is being smuggled by the occupants into Kerala.
The police also managed to arrest the two youth identified as Khetan (29) and Akash (23), both natives of Maharashtra. They had hidden the gold in the cushion.
The accused confessed that the gold was being transported from Thalassery to Maharashtra illegally. The custom officials are investigating to find others involved in the case.
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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