Udupi: 96-year-old dies in note exchange queue before a bank

[email protected] (CD Network | Suresh)
November 12, 2016

Udupi, Nov 12: A 96-year-old man collapsed and died in a queue at a village in Udupi district as cash-strapped common people in the region continued to throng banks and ATM counters for withdrawal of some money to meet their daily expenses on Saturday.

bankqueu

Gopal Shetty (96), a resident of Ajekar village was standing in the before a branch of Corporation bank for exchanging currency. Around 12 noon he collapsed and died on the spot.

It is said that he had only a few notes of Rs 1000 and Rs 500 denomination but waited in queue for a long time.

Though he was rushed to a nearby clinic by some people who saw him collapse, he was declared dead, sources said.

The deceased is the father of Sudhakar Shetty, founder of Jnana Sudha educational institution of Karkala.

Comments

Rikaz
 - 
Saturday, 12 Nov 2016

See, poors will have to suffer, riches have already shifted their amounts 'to foreign countries.....they are safe....poor's had some amount of hard earned money that they will have to lose for unwanted reason....the curse of these people will surely fall on these bloody useless politicians....

I haven't seen any politicians standing in line in front of banks to withdraw money....why why why....have they been given a chance of exchanging their money earlier than the announcement, public needs to know.....this is very bad...

people should teach them nice lesson in next election....

A.Mangalore
 - 
Saturday, 12 Nov 2016

Don't worry let him die . don't disturb our Modiji he is enjoying his Japan trip.

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News Network
February 27,2020

Bengaluru, Feb 26: Congress leaders on Wednesday staged a protest in front of Mahatma Gandhi's statue at Vidhana Soudha here against BJP MLA Basanagouda Patil Yathnal's alleged remarks accusing freedom fighter HS Doreswamy of being a "Pakistani agent".

Former Chief Minister and senior Congress leader Siddaramaiah, KPCC working president Eashwar Khandre also joined the protest.

Yathnal on Tuesday called Doreswamy a fake freedom fighter and a Pakistani agent, while addressing the media.

His comments triggered a controversy drawing sharp remarks from Congress and other parties.

Congress has demanded an apology from Yathnal and has also urged that his Assembly membership be cancelled.

"Session proceedings will not continue until Yathnal apologises," said senior Congress leader HK Patil while addressing the protest earlier today.

Siddaramaiah asserted that making "provocative" comments against such a freedom fighter is obnoxious.

Former KPCC president Dr G Parameshwar said: "Yathnal is a criminal who had mentioned in his election affidavit that he had 27 cases against him. He has made such loose comments against the freedom fighter. He should apologise for his remarks."

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coastaldigest.com news network
March 27,2020

Mangaluru, Mar 27: In a shocking development, an infant with no travel history tests positive for the deadly novel coronavirus in Dakshina Kannada, taking the total coronavirus positive cases to six. 

The 10-month-old child, hailing from Sajipanadu Village in Bantwal Taluk was admitted to a hospital at Deralakatte in Mangaluru for treatment on March 23 as it had developed respiratory problems. 

On March 24, the child’s condition worsened and hence his throat swabs was sent for COVID-19 testing. Today, reports of the tests confirmed that the child was infected with COVID-19.

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News Network
July 26,2020

Bengaluru, Jul 26: A year-long probe by Coffee Day Enterprises Ltd (CDEL) has found that its late founder V G Siddhartha routed Rs 2,693 crore out of the company to Mysore Amalgamated Coffee Estates Ltd (MACEL), another privately-owned entity of him.

The MACEL owes Rs 3,535 crore to subsidiaries of Coffee Day Enterprises as of July 31, 2019 of which only Rs 842 crore was accounted.

"Therefore, a sum of Rs 2,693 crore is the incremental outstanding that needs to be addressed," said the report of an investigation headed by Ashok Kumar Malhotra, a retired DIG of Central Bureau of Investigation (CBI) and assisted by law firm Agastya Agastya Legal.

Siddhartha was found dead in early August 2019, and many suspected that he had committed suicide.

Steps are being taken by subsidiaries of CDEL for recovery of dues from MACEL, the company said.

"The board authorised the Chairman to appoint an ex-judge of the Supreme Court or the High Court, or any other person of eminence, to suggest and oversee actions for recovery of the dues from MACEL and to help on any other associated matters," it said in regulatory filings at stock exchanges late on Friday.

The probe further gives clean chits to the Income Tax Department and the private equity firms who Siddhartha in his parting letter had alleged of harassment.

"We have not been provided with any documentary evidence to draw an inference that there may have been any advertent or inadvertent harassment from the Income Tax Department," said the probe report.

The probe also highlighted severe liquidity crunch at CDEL in the build-up to Siddhartha's death.

A committee supported by senior professionals was formed to protect the interest of all stakeholders. CDEL said the debt levels which were about Rs 7,200 crore on March 31, 2019 have been brought down significantly by Rs 4,000 crore. The present debt of the group is around Rs 3,200 crore.

"The disinvestment process in the group continues and we are confident to have effective solution to all stakeholders," it said.

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