Sahara group claims to create 56,000 jobs

February 2, 2014

Sahara_groupNew Delhi, Feb 2: Sahara group, whose legal battle with SEBI continues in Supreme Court over refund of over Rs 20,000 crore to investors, has made a surprise announcement of plans being afoot to hire over 56,000 new employees this year along with investments to the tune of nearly Rs 32,400 crore.

In three-page newspaper advertisements, the group has invited applications for senior positions across business verticals within and outside country and said that these more than 56,000 new jobs need to be filled by the end of 2014.

At the same time, it has also claimed that the group, which calls itself Sahara India Parivar, is “committed to creating four lakh salaried positions in next three years.”

The businesses for which job applications have been invited include FMCG & retail, dairy, poultry, luxury real estate and lifestyle, food factory, low-cost housing, CSR, education and even cruises (Sahara Water Homes).

Besides job details, the group also disclosed specific investment targets for at least four business verticals and these investments total to an amount of Rs 32,394 crore.

For its "Luxury Retail: Sahara Global Mastercraft Ltd" business, the group said that an investment of Rs 1,400 crore would be made over five years, while Rs 5,172 crore would be invested in Food & Beverages and Entertainment: QSR (Quick Service Restaurants).

Its "International Business: Macedonia (Europe)" business is expected to see an investment of Rs 13,922 crore in dairy project and Rs 9,600 crore in hospitality project.

Further, healthcare would seen an investment of Rs 2,300 crore for 5-7 years, according to the public notice.

The group also claimed a huge asset base with a market value of “Rs 1,52,518 crore” and a land bank of 36,631 acres.

This massive recruitment drive comes at a time when the group is caught in a legal battle with SEBI, which had charged it of raising over Rs 24,000 crore through various “illegalities” in issuance of certain bonds through two firms.

These two firms — Sahara India Real Estate Corp Ltd (SIREC) and Sahara India Housing Investment Corp Ltd (SHIC) — were asked to refund the money to investors, while the Supreme Court also asked the group to comply with SEBI orders.

Sahara group later deposited Rs 5,120 crore with SEBI and claimed that it was way above the outstanding amount due to be returned to investors as more than Rs 20,000 crore were already refunded directly.

The Supreme Court has refused to allow Sahara Group chief Subrata Roy to leave the country till the companies provide details of refunding Rs 20,000 crore to investors.

The apex court last week asked the group to furnish all the documents to reveal the source of Rs 22,885 crore which it claims to have refunded to the investors.

Besides, the group was directed to place all documents including the bank statements sought by SEBI before February 11 when the court would take up the case for further hearings.

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coastaldigest.com news network
February 25,2020

The Post Graduate Department of English, St. Agnes College (Autonomous) organized COSMOPOETICA – a Two-Day International Poets Conference, transcending the boundaries of language and bringing together scholars from English, Hindi and Kannada languages. The key-note speaker was Dr Hima Urmila Shetty and the Panel of Experts included Maggie Harris, a Commonwealth short stories award winning poet of Broadstairs, Kent; Dr Kathryn Hummel, a visiting professor at IIT Hyderabad; Prof Raj Rao, acclaimed poet and novelist, former HOD of English, Savithribai Phule University; Lata Chouhan from Bangalore; Vijay Tiwari from Ahmedabad; Dr. Nagaveni Manchi, an acclaimed Poet and Professor, Govt College, Carstreet and Ms. Chandrakala Nandavara, former Principal of Ganapati PU College.

Dr Sr Jeswina A.C., the Principal; Dr Sr Maria Roopa A.C. the Superior and Dr Sr Vinora A.C., graced the occasion.

Dr Geralyn Pinto, the Staff Convenor; Dr Malini Hebbar, the HOD and Ananya Sneha the student Convenor organised the Conference.

The highlight of the Conference was the Poetry Workshop, Slam Poetry Competition in three languages and paper presentations on various aspects of poetry.

Overall the conference drew together poets and academicians to discuss poetry as a genre and practice with ignited minds.

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Press Release
January 3,2020

Mangaluru, Jan 3: Vishruth Bhat, a Class VI student from CFAL is the topper in Dakshina Kannada District in the first round of the VVM examination (VI Standard category) and now advances to the ‘State Level Camp’.  Proving their mettle, 12 students from CFAL have qualified for the “State Level Camp” of Vidyarthi Vigyan Manthan (VVM) - a national programme to educate and popularise science for classes VI – XI. A total of 129 students are selected from Karnataka to participate in the State Level Camp, out of which around 9.30% students are from CFAL. These students were selected on the basis of their performances in the first stage, an online exam. The State level camp shall include written test, observational analysis of video clips, situation problem solving and hands on activities.

The selected students are:  B Vishruth Bhat, Pratham D, Chinmayee Adiga, Chirag J Sunil, Nidhi Noronha, K Sai Prathiksha, Aryan Atul Surana, Rakshith K R, Anupama Kamath, Krithi, Mavith Saldanha and Vignaraj. Among the selected students Kirti, Mavith and Vihnaraj are TLC PU College students.

About VVM:

VVM is a national program jointly organized by Vijnana Bharati, NCERT and Vigyan Prasar for educating and popularizing science among the school students of Classes VI to XI. The main objective of the program is to identify keen knowledge seekers in Science and then nurture them for higher level of science education. Students participating in VVM undergo the following multi-level testing procedures:

•        Objective type question answering

•        Comprehensive writing

•        Presentation and Group discussion

•        Role play

•        Practical examination

•        Methods of Science

The program also includes organising visits to reputed National Science Laboratories and Centres. To enable deserving students to have interaction with renowned scientists of the Nation. The VVM will identify Vigyan Jigyasu (Keen Knowledge Seeker of Science) at National level.  

This exam is conducted in three phases.  The first phase is an online exam conducted in the school itself.  In the second phase (State level camp) top 20 rankers per class, per state will be identified to participate in two days State Level Camp. Eminent scholars and scientists from different fields will guide the students. Practical examination will be conducted to select top 2 students from each class to participate in the national camp. Toppers will get certificates and cash awards.

In the third phase (National camp) which is a 2-day camp, comprise presentations, scientific understanding, innovation, and creativity, out of box activities and assessment of leadership qualities. Toppers are awarded with certificates and cash awards.

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Press Release
January 2,2020

Mangaluru, Jan 2: Shwetha Rasquinha, Assistant Professor and Head of the Department of Social Work, St Aloysius College, Mangaluru, has been awarded Doctor of Philosophy (PhD) degree by the Mangalore University for her thesis titled “Effectiveness of Social work intervention on caretakers of cancer patients- A social work study in Mangalore”.

She did her studies under the guidance of Dr Rameela Shekhar, Professor (Rtd), School of Social work, Roshni Nilaya, Mangaluru.

Ms Shwetha Rasquinha hails from Vittal, D/o Vincent Rasquinha and Late Regina Rasquinha, and is the second person to complete doctoral studies from the Vittal Parish.

Her colleagues and well-wishers have congratulated her for her highest achievement in academics and successful completion of quality research.

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Charles Menezes
 - 
Friday, 3 Jan 2020

Hearty congratulations for your achievements. God bless your mission

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