BM Farooq is the richest among Rajya Sabha candidates

coastaldigest.com news network
June 1, 2016

Mangaluru: Jun 1: Congress MLA BA Mohiuddin Bava's younger brother BM Farooq, who is contesting the Rajya Sabha elections on a JD(S) ticket, is the richest among the candidates who have filed their nominations so far.

Mr Farooq's total assets are valued at around Rs 750.2 crore, as per the details available on the Karnataka legislature website. Farooq, who filed his nominations on Monday, holds Bachelor of Engineering (Mechanical) and Master of Business Administration degrees. He is the CMO of Fiza Developers and Infratech Pvt Ltd, and the owner of Mangaluru United cricket team.

The total value of immovable assets owned by him and his wife Fousia Farooq are worth Rs 688.14 crore.

He is a shareholder in 16 companies, where his shares are worth Rs 21.75 crore. His wife owns shares worth Rs 2.79 crore. Farooq has declared that his movable assets are valued at around Rs 68 crore.

He owns luxurious assets such as Rado, Rolex, Vangeneous, Cherooli watches, an iPhone, and jewellery worth Rs. 1.05 crore. He also owns a row of high-end cars, including Range Rover (Rs. 1.12 crore), Volkswagen Beetle (Rs. 21 lakh), and Toyota Camry (Rs. 24.14 lakh). All his cars bear the fancy registration number 5555.

B.M. Farooq — JD(S)

* Richest among five candidates who have filed nomination papers.

* Combined value of movable assets (including that of wife Fousia Farooq) — Rs. 750.2 cr.

* Immovable assets — Rs. 544.67 cr. (wife's Rs. 74.37 cr.).

* Liabilities — Rs. 87.06 cr. (wife's Rs. 65.4 cr.).

* Annual income — Rs. 3.38 cr. (wife's Rs. 59.94 cr.).

K.C. Ramamurthy — Congress

* Combined value of movable assets (including that of wife Sabitha Ramamurthy) — Rs. 82 cr.

* Retired IPS officer is chairman of CMR Group of Institutions.

* Total income is Rs. 68.13 lakh (wife's - Rs. 4.2 cr.).

* Movable assets — Rs. 21.06 cr.; immovable assets — Rs. 56.19 cr.

* Liabilities declared — Rs. 12.7 cr.

Oscar Fernandes — Congress

* Total income — Rs. 6.35 lakh (wife's income is Rs. 7.86 lakh).

* Value of movable assets in his and wife's name is Rs. 2.95 lakh. Liabilities — Rs. 5.04 cr.

Jairam Ramesh — Congress

* Movable assets — Rs. 5.79 cr.

* Rs. 25,000 in cash and drives a low-end car worth Rs. 4 lakh.

* Total income — Rs. 53.01 lakh, with movable assets worth Rs. 4.74 cr. in his name. His wife Jayashree K.R. has movable assets worth Rs. 8.93 lakh.

Also Read :

BM Farooq issue: Mohiuddin Bava will not betray Congress, says KPCC chief

CM takes on MLA Bava over BM Farooq contesting RS polls on JD(S) ticket

Comments

Tabassum
 - 
Friday, 13 Aug 2021

Sir I am working I aided school for 5 years.the post is vacant in 2011.But B O
and DDPI office didn't receive the permission files.so I request your kind self to help in this consern.
Thank you sir
Jazakallah

kris putnam
 - 
Saturday, 10 Mar 2018

wife (in Burka) earning 59 crore per annum WOW!

Mohammed Ali Kulai
 - 
Thursday, 2 Jun 2016

Wish you All the Best!!!

Mohammed Ali Kulai
 - 
Wednesday, 1 Jun 2016

Congrats !.....Wish u all the Best!!!

Sathish
 - 
Wednesday, 1 Jun 2016

Best of luck sir.
We are going to be employees of your company

SK
 - 
Wednesday, 1 Jun 2016

Good Fekugiri by the cunning and useless OSCAR

Nation First
 - 
Wednesday, 1 Jun 2016

A prominent member of a Chor family of Surathkal. Cheating is their family business.

Samad
 - 
Wednesday, 1 Jun 2016

please calculate his zakath, as its compulsory obligation in islam , and send the poor people, at his door step, its their rights! just in case if he do not pay zakath, then how can we expect he will work for poor?? once he gets elected..???

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News Network
April 29,2025

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Newcastle (Washington) / Mysuru: In a deeply disturbing incident that has shocked both the tech world and local communities in India and the U.S., a Mysuru-based entrepreneur allegedly shot and killed his wife and one of their sons before turning the gun on himself at their residence in Newcastle, Washington. 

The couple’s younger son, aged seven, survived, having stepped out of the house shortly before the tragedy unfolded.

The accused, Harsha Kikkeri (57)—also known as Harshavardhan—was the founder and CEO of HoloWorld, a Mysuru-based robotics company. His wife Shwetha and one of their sons were found dead at the scene along with Harsha, according to the King County Sheriff’s Office (KCSO). Authorities responded to a 911 call at a townhouse in the 7000 block of 129th Street on Thursday night (U.S. time). Upon arrival, deputies found three bodies and confirmed that the scene posed no further threat to public safety.

While investigators are treating it as a murder-suicide, the exact motive remains unknown. The King County Medical Examiner’s Office has yet to release the names or ages of the deceased children. The case remains under active investigation.

A Life of Innovation and Ambition

Hailing from Kikkeri village in Karnataka’s Mandya district, Harsha was an engineering graduate from Sri Jayachamarajendra College of Engineering (SJCE), Mysuru. He went on to work with Microsoft in the United States, where he was involved in cutting-edge robotics development.

In 2017, Harsha and Shwetha returned to India and co-founded HoloWorld, a robotics startup that soon made headlines for its product HoloSuit—a bi-directional, wireless full-body motion capture suit. Touted as the world’s first of its kind at an affordable price, the suit was designed for applications across healthcare, sports, education, and skill development.

HoloWorld's products were exported to multiple countries, including the US, UK, and Israel. Indian cricket star Yuvraj Singh served as the brand ambassador. Harsha even met Prime Minister Narendra Modi to discuss deploying robotic soldiers along India's borders. As a respected member of The Indus Entrepreneurs (TiE) network, he frequently spoke at tech and innovation forums.

Despite his professional achievements, the recent tragedy has left many in the tech and entrepreneurial communities grappling for answers.

Community in Mourning

Neighbours in the Newcastle suburb described the family as kind, quiet, and largely private.

“We would exchange greetings. I often saw the mother walking her children to school—she was very warm,” said Alex Gumina, President of the local Homeowners Association.

Another neighbour recalled, “She was always smiling, and her younger son was especially affectionate. We’re devastated—this is unimaginable.”

Residents are planning a community gathering over the weekend to honor the family and support the surviving child.

Business Winds Down After Pandemic

HoloWorld’s corporate headquarters in India was located in Vijayanagar Third Stage, Mysuru, specifically housing its division HoloEducation. The company operated actively from 2018 until it scaled down in 2022 amid the pandemic. The premises have since remained vacant.

“I haven’t been in touch with them in years,” said the building owner. “They shut down during COVID, and I only heard about the tragedy yesterday.”

The incident has sent shockwaves through Mysuru’s business circles. Bhaskar Kalale, Chairman of EqualizeRCM India and President of TiE Mysuru Chapter, expressed deep condolences, calling the event “heartbreaking beyond words.”

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News Network
April 26,2025

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Dammam, April 26: Chaos and frustration gripped King Fahd International Airport, Dammam, after Air India Express Flight IX484, scheduled to depart for Bengaluru at 8:30 PM on 25 April 2025, was delayed indefinitely due to repeated “technical issues,” leaving over 150 passengers stranded.

According to affected passengers, after an overnight delay, airline officials informed them the technical problems had been “temporarily fixed” and instructed them to board at 1:30 PM (KSA time) on 26 April. However, the situation deteriorated further when the aircraft taxied to the runway — only to halt abruptly on the runway itself, with passengers once again left without clear communication or resolution.

Several passengers provided live updates, expressing grave concerns over safety standards, poor crisis management, and a lack of transparency by the airline’s ground staff.

 “This is not just mismanagement; it is sheer negligence. Passenger lives are being put at serious risk,” said one distressed traveler.

Adding to the growing alarm, Dr P.A. Hameed Padubidri, a noted pro-bono lawyer and social worker who has resided in Saudi Arabia for over two decades, commented:

“I have been in continuous contact with the stranded passengers and am coordinating with the concerned authorities to address this alarming pattern of delays and mismanagement by Air India Express. Passenger rights and safety must be treated with utmost seriousness.”

Dr. Hameed further emphasized: “This marks the third major disruption involving Air India Express flights within a month, raising serious questions about the airline’s operational reliability, aircraft maintenance practices, and overall crisis preparedness.”

He added: “If an aircraft continues to suffer ‘technical issues,’ it clearly indicates systemic negligence. Operating such flights puts the lives of passengers at unacceptable risk. It is deeply shocking and unacceptable.”

Frustrated passengers also pointed out that if this incident had involved other Gulf carriers, passengers would have been promptly provided with food, hotel accommodation, and alternative flight arrangements.

“This exposes a glaring gap in passenger care and service standards,” one stranded traveler noted.

The incident has triggered widespread outrage, with urgent calls for immediate investigation and action by India’s aviation authorities. 

Dr Hameed has appealed to the Ministry of Civil Aviation (MoCA), the Directorate General of Civil Aviation (DGCA), and Union Civil Aviation Minister Shri Ram Mohan Naidu to take action against these recurring failures by Air India Express.

As of the latest update, passengers remain stranded at Dammam Airport, awaiting further instructions, with no clear communication regarding the revised flight schedule.

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News Network
April 27,2025

Mangaluru: The Indian Medical Association (IMA) Mangaluru branch and the Association of Medical Consultants (AMC) have strongly condemned the alleged assault and threats against Dr. Asha Jyothi Putturaya, the Chief Medical Officer at Puttur Taluk Hospital.

The incident occurred when Dr. Asha Jyothi, during her routine rounds in the NICU, found a group of visitors violating hospital protocol. When she requested them to limit visitors to maintain NICU sanctity, two individuals, identified as Zohara and her son Abdul Samad, allegedly became aggressive, verbally abused her, and misbehaved with her in full view of patients and staff. A complaint was filed immediately, but no arrests had been made at the time of reporting.

IMA Mangaluru president Dr. Jessy Maria D'Souza called the incident a direct insult to the dignity and safety of a senior government officer, warning that inaction would set a dangerous precedent. 

AMC Mangaluru president Dr. Vatsala Kamath echoed these concerns, recalling the shocking Kolkata incident of 2024 and stressing the urgent need to protect women doctors.

District Health Officer Dr. Thimmaiah H R and Puttur MLA Ashok Kumar Rai also condemned the incident. The MLA emphasized that doctors must be allowed to work without fear and promised legal action against the accused. In protest, the hospital's medical and non-medical staff staged a flash strike, which was later called off following assurances from authorities.

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