After enjoying Congress hospitality, Jagadish Shettar returns to BJP with a smile, says Modi has to become PM again

News Network
January 25, 2024

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Bengaluru, Jan 25: Lingayat leader and former Karnataka chief minister Jagadish Shettar who had jumped from BJP to Congress ahead of the Karnataka Assembly Election in 2023 over ticket denial, re-joined the saffron party today.

On Thursday afternoon, he reached the BJP headquarters where he was welcomed back to the party in the presence of former CM BS Yediyurappa and state BJP President BY Vijayendra. 

While speculations were rife that Jagadish Shettar -- whose association with the BJP was long and his last-minute switch ahead of the state election was rather shocking -- would again make a switch, the Congress leaders said many BJP leaders were desperately trying for the return of Shettar. 

"This is a tell-tale sign of weakness in the party. They don’t have candidates for the upcoming general elections," Karnataka deputy chief minister D K Shivakumar said hours before Shettar joined the BJP.

 “The party gave me a lot of responsibilities in the past. Because of some issues, I went to the Congress party. In the last 8-9 months, there were a lot of discussions in the BJP. Karnataka BJP leaders and workers asked me to come back to the BJP. Yediyurappa ji and Vijayendra ji also wanted me to come back to the BJP. I am rejoining the party with the belief that Narendra Modi ji has to become the PM again,” Shettar said as he rejoined.

The BJP and the JD(S) are suffering from a serious deficit of leadership and self-confidence and hence they have joined hands. Now they are desperately trying to get Shettar back into the party fold, Shivakumar said on Wednesday.

Jagadish Shettar was made an MLC by Congress after he lost Hubli Dharwad central by big margin.

Jagadish Shettar, the six-term MLA (former) from Hubli, left the BJP as he was not given a ticket from the party. After he joined the Congress, he contested from his Hubli-Central Dharwad constituency from where he lost by a huge margin to BJP's Mahesh Tenginkai. He was made an MLC by the Congress.

When Shettar left the BJP in April 2023, he said he was humiliated by the senior leaders of the BJP and that his decision to quit the Saffron party was final. 

“How the BJP leaders treated me in the last few days is nothing but a humiliation. I was ill-treated by the party members which forced me to announce my resignation. Some leaders in the state are misusing the BJP system," Shettar said at that time.

68-year-old Shettar, a staunch RSS man, served as the chief minister of Karnataka in 2012-2013 when Yediyurappa had to step away as the CM. Shettar was also the speaker of the Assembly in 2008.

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News Network
November 18,2024

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Mangaluru: A 14-year-old boy, Subodh, tragically lost his life after being struck by lightning while sitting outside his home in Kedila village, Bantwal taluk, on Sunday evening.

The incident occurred around 5:30 PM while Subodh, an 8th-grade student at Kalladka Shriram High School, was seated outside his house. Lightning struck him, leaving him unconscious. 

Family members rushed him to a nearby clinic and later to a private hospital in Puttur, where doctors confirmed his death upon arrival.

The boy's body was sent to Puttur Government Hospital for a post-mortem.

Tahsildar Archana Bhat has directed revenue officials to assist the grieving family. Vitla Revenue Inspector Prashanth Shetty, Village Administrative Officer Anil Kumar, Kedila Panchayat President Harish Valtaje, and panchayat members visited the family to offer their condolences and support.

This heartbreaking incident highlights the unpredictability of nature’s fury, leaving a community mourning the untimely loss of a young life.

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News Network
November 16,2024

Mangaluru: The Kavoor police in Mangaluru, Karnataka, have arrested three individuals from Kerala in connection with two separate cybercrime cases, including one involving extortion under the guise of a "digital arrest."

City Commissioner of Police Anupam Agrawal reported that one of the arrested individuals, Nisar, a resident of Ernakulam district, posed as a CBI officer. He allegedly threatened the complainant with arrest and extorted Rs 68 lakh. A case has been filed under sections 66 (C) and 66 (D) of the IT Act, and sections 308 (2) and 381 (4) of BNS.

In another case, the Kavoor police arrested two men, Sahil K P of Thiruvannur, Kozhikode, and Muhammad Nashath of Mappila Koyilandy, Kerala, in connection with a share trade fraud. The accused are alleged to have deceived the complainant by promising substantial profits from an investment in the stock market. Trusting the fraudsters, the complainant invested Rs 90 lakh, which was subsequently lost. A case has been registered under sections 66 (C) and 66 (D) of the IT Act, and sections 318 (4) and 3 (5) of BNS.

The accused were arrested in Koyilandi and presented before the court. The operation was carried out under the guidance of City Police Commissioner Anupam Agrawal, led by Mangaluru North Sub-Division ACP Srikanth K, Kavoor Inspector Raghavendra Byndoor, Kavoor PSI Mallikarjuna Biradara, and staff members Ramanna Shetty, Bhuvaneshwari, Rajappa Kashibai, Praveen N, and Malatesh. 

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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