Mangaluru: Industry leader Srinivas V Kudva passes away

News Network
August 30, 2020

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Mangaluru, Aug 30: Srinivas Vaman Kudva (87), Chairman and Managing Director of Canara Workshops Ltd., passed away at his residence on Saturday, August 29, 2020 at about 9:00 pm. The end came peacefully in his sleep, according to his family sources.

He is survived by his wife Sharada, two sons Premnath Kudva and Vasant Kudva, and two daughters Shaila and Neena. He was also a doting patriarch to six grandchildren.

His body will be kept for public viewing and for paying last respects at his residence on Swami Vivekananda Road, next to Padua High School, Kadri Hills in the city at 12 noon on Sunday August 30 and followed by cremation at about 3pm.

Biography

Srinivas Vaman Kudva was born on 8th April 1933 in Mangalore. He was the second son of V. S. Kudva, the legendary founder of Canara Workshops Ltd., Navabharatha Kannada daily newspaper and Managing Director of CPC Ltd. After attending Canara High School Main at Dongerkery, Mangalore, he graduated in chemistry obtaining a B.Sc. degree from St. Aloysius College. He left for the USA in 1953 to study MS in Metallurgical Engineering at Lehigh University, Bethlehem, Pennsylvania.

He returned to India in 1956 to join his father at The Canara Workshops Ltd., and helped him to set up one of the first mini steel plants in the country consisting of a 5MT arc furnace and the country’s first vertical continuous casting machine. He was able to put his knowledge into practice to produce superior quality steel from the mini steel. He took over the management of the company on the demise of his father, and under his leadership, the company achieved tremendous progress. He was proficient in computer programming and led the company into the IT era with installing the first computers in the company as early as in the 80s. He was personally responsible for creating the software on which the various systems of the company now run.

He has earlier served also as the Chairman of Canara Public Conveyance Ltd., the pioneer transport organization presently known as CPC Logistics Ltd.

He was the founder director of the All India Automobile Ancillary Association and Metal Scrap Trading Corporation, and was the President of the Kanara Chamber of Commerce and Industries, Mangalore for two terms from 1982 to 1984. He was nominated by the government as Founder President of the Kanara Stock Exchange later renamed as Mangalore Stock Exchange, for a period of three years. He was President of the Mangalore Management Association (Affiliate to the All India Management Association) from 1985-1997 for a period of 12 years. Widely travelled, he had excellent knowledge of various industrial activities in many developed and some developing countries. He was associated with American Society for Metals.

Srinivas Kudva was known for his charitable streak. He contributed financially to the development of Vijaya College, Mulky, which is his family’s native place. He also extended scholarships to students of St Aloysius College, his alma mater.

He was the president of the Canara Foundation and a founder of the V.S. Kudva Foundation, which are engaged in charitable activities and assist in education and other social projects. He was a versatile speaker in both English and Kannada. He was a member of the Rotary Club of Mangalore and later of the Rotary Club of Mangalore Midtown where he had served as its President.

Dakshina Kannada Automobile and Tyre Dealers Association, Mangalore has condoled the demise of Srinivas Kudva, recalling its long association with him. He laid the foundation stone for the Association’s own building ‘Auto Bhavan’ on 27.11.2007. The Association had felicitated him with ‘Lifetime Achievement Award’ during its Annual General Meeting on 25.10.2008 and recognized him as a ‘Patron’ of the Association. 

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News Network
September 25,2024

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Israel began a third day of strikes in southern Lebanon on Wednesday, hours after Hezbollah confirmed the death of a senior commander in an airstrike on Beirut and a Lebanese minister said only Washington could help end the fighting.

Lebanese media reported that Israeli airstrikes had targeted several areas in the country’s south, beginning at around 5am, causing unspecified casualties.

Hezbollah meanwhile said it had launched a rocket targeting Mossad headquarters near Tel Aviv. Sirens had sounded in the Israeli city early on Wednesday, sending residents into bomb shelters, however the Israeli military later said it had intercepted the missile and no casualties or damage were reported.

Earlier on Wednesday, Hezbollah had confirmed that senior commander Ibrahim Qubaisi was among six people killed by an Israeli airstrike on an apartment block in the Lebanese capital Beirut on Tuesday, as Israel had claimed earlier. Israel said Qubaisi headed the group’s missile and rocket force.

Israel’s offensive since Monday morning has killed 569 people, including 50 children, and wounded 1,835 in Lebanon, health minister Firass Abiad told Al Jazeera Mubasher TV. Tuesday’s attacks came after Monday’s barrages racked up the highest death toll in any single day in Lebanon since the 15-year civil war that started in 1975.

Israel’s new offensive against Hezbollah has stoked fears that nearly a year of conflict between Israel and the militant Palestinian group Hamas in Gaza is escalating and could destabilise the Middle East. Britain urged its nationals to leave Lebanon and said it was moving 700 troops to Cyprus to help its citizens evacuate.

The UN security council said it would meet on Wednesday to discuss the conflict.

“Lebanon is at the brink. The people of Lebanon – the people of Israel – and the people of the world – cannot afford Lebanon to become another Gaza,” UN secretary general António Guterres said.

At the UN, which is holding its general assembly this week, US President Joe Biden made a plea for calm. “Full-scale war is not in anyone’s interest. Even if a situation has escalated, a diplomatic solution is still possible,” he said.

Lebanon’s foreign minister Abdallah Bou Habib criticised Biden’s address as “not strong, not promising” and said the US was the only country “that can really make a difference in the Middle East and with regard to Lebanon.” Washington is Israel’s longtime ally and biggest arms supplier.

The US “is the key … to our salvation,” he told an event in New York City hosted by the Carnegie Endowment for International Peace.

Up to half a million people are estimated to have been displaced in Lebanon, said Bou Habib. He said Lebanon’s prime minister hoped to meet with US officials over the next two days.

In Lebanon, displaced families slept in shelters hastily set up in schools in Beirut and the coastal city of Sidon. With hotels quickly booked to capacity or rooms priced beyond the means of many families, those who did not find shelter slept in their cars, in parks or along the seaside.

Fatima Chehab, who came with her three daughters from the area of Nabatieh, said her family had been displaced twice in quick succession.

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News Network
October 1,2024

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Mysuru, Oct 1: The Karnataka Lokayukta team on Tuesday arrived at the disputed plot in Mysuru and began investigation into the MUDA case against CM Siddaramaiah and his wife, news agency ANI reported. Snehamayi Krishna, the complainant in the case was also present with the team.

Sources stated that ED sleuths might issue a notice to CM Siddaramaiah at any time and issue summons to him for questioning. The sleuths are also keenly watching the movements of CM Siddaramaiah’s close associates and relatives, including a cabinet minister in connection with the MUDA scam.

Sources further said that there is a possibility of the ED conducting raids across the state on offices and residences of close associates of CM Siddaramaiah. The ED has also gathered information on bank accounts and financial transactions of CM Siddaramaiah and his associates.

The Directorate of Enforcement (ED) on Monday registered an Enforcement Case Information Report (ECIR), equivalent to an FIR by the police, against CM Siddaramaiah over the alleged irregularities in the allotment of 14 sites to his wife Parvathi B.M. by the Mysore Urban Development Authority. The ED registered the case taking cognisance of the FIR registered against the Chief Minister by the Lokayukta police on September 27.

Meanwhile, the Karnataka Lokayukta probing the MUDA case has also expedited the probe. The sleuths led by Mysuru Lokayukta SP T.J. Udesh have visited the controversial land on the outskirts of Mysuru city. The petitioner, Snehamayi Krishna, also accompanied the team.

The move of Chief Minister Siddaramaiah’s wife to return 14 sites allotted by the MUDA to her has triggered a debate. BJP MLA from Mysuru T.S. Srivatsa stated on Tuesday that the move of CM’s wife is not acceptable. "The two commissioners who colluded in the MUDA scam are roaming freely even today," he said.

"CM Siddaramaiah first claimed that there was no scam at all. Later, he formed a commission and now there is an FIR against him. After committing the mistake, you offer to return the sale deed. The time is up. He will have to tender his resignation and I am sure he won’t be in the position until Dasara festivities," MLA T.S. Srivatsa stated.

T.J. Abraham, one of the petitioners in the MUDA case said, “I had demanded the MUDA commissioner to take back the allotted sites. He had written back saying the process would be initiated. They were waiting for the investigation report."

"CM Siddaramaiah has not approached the division bench or the Supreme Court to challenge the order against him because there is nothing to be challenged. Returning sites is not a big sacrifice. The Chief Minister has lost it," Abraham stated. 
 

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News Network
September 25,2024

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Hezbollah has launched a ballistic missile at Tel Aviv for the first time, triggering sirens in the city and elsewhere including Netanya, the Lebanese resistance group says. 

Warning sirens sounded in Israel’s economic capital Tel Aviv as a single surface-to-surface missile was intercepted by air defense systems after it was detected crossing from Lebanon, the Israeli military said.

There were no reports of damage or casualties and the military said there was no change to civil defense instructions for central Israel.

The Israeli military said that for the "first time ever" a missile fired by Hezbollah reached the Tel Aviv area. "It is the first time ever a Hezbollah missile reached Tel Aviv area."

Hezbollah and Israel have been exchanging deadly fire since early October last year, shortly after the regime launched a genocidal war against the Gaza Strip following a surprise operation by Hamas.

Earlier, Hezbollah targeted the Israeli Ilaniya military base at the northern side of the occupied territories with a salvo of Fadi-1 rockets. 

The base is reportedly affiliated with the 146th Reserve Division of the Israeli military, which is part of the Northern Command.

The group announced in a brief statement that the operation was carried out in defense of Lebanon and its people. 

Hezbollah also said it targeted a military base near Safad twice with salvos of rockets.

The group stated that it targeted “the Dado base near Safad – the headquarters of the Israeli military’s Northern Command – with a total of 90 rockets in defense of Lebanon and its people.”

Hezbollah said in a separate statement that it unleashed a squadron of attack drones on the headquarters of the Israeli army’s Special Naval Task Force at the Alit Base.

The group said the attack on the Alit base, south of the major port city of Haifa, targeted “the locations of [Israeli] officers and soldiers” and achieved direct hits.

The Lebanese resistance movement has vowed to keep up its retaliatory attacks as long as the Israeli regime continues its Gaza war, which has so far killed at least 41,467 Palestinians, mostly women and children.

Hezbollah officials have repeatedly said they do not want a war with Israel while stressing that they are prepared in case it occurs.

Two Israeli wars waged against Lebanon in 2000 and 2006 were met with strong resistance from Hezbollah, resulting in the retreat of the regime in both conflicts.

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