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Mangaluru: The Mangaluru City police have apprehended two individuals in connection with the recent stone-pelting incident at the residence of MLC Ivan D'Souza.

City Police Commissioner Anupam Agrawal identified the suspects as Bharat, also known as Yakshith, aged 24, and Dinesh Kurthamogeru, aged 20. Bharat, a driver from Bolantoor village in Bantwal taluk, has a history of three previous assault cases. Dinesh, who works in finance collection in Kanyana, hails from Kolnadu village in Bantwal taluk and has one prior assault case.

Following the incident, an FIR was lodged at the Mangaluru South police station. A special investigation team, led by ACP Central Sub-Division Pratap Singh Thorat, was formed to track down the culprits. The team conducted a thorough investigation, meticulously reviewing CCTV footage, verifying vehicle information, and gathering statements from eyewitnesses.

During interrogation, the accused confessed to the crime, citing anger over statements made by MLC D'Souza as their motive. They admitted that, after dining at Fish Crown Hotel around 9:30 pm, they impulsively decided to throw stones at D'Souza's residence.

Mangaluru: Praveen Chandra Alva, the opposition leader in the Mangaluru City Corporation (MCC) council, has strongly criticized the BJP-led administration for its inability to address key civic issues over the past four years. 

Alva highlighted several unaddressed concerns, including increased property taxes, discrepancies in water bills, delayed Smart City projects, unfinished market complexes, and stalled development initiatives like the Jalasiri 24x7 drinking water scheme and housing projects.

Speaking to reporters, Alva condemned Mayor Sudheer Shetty Kannur's leadership, describing his contributions as negligible. Alva further accused the BJP of orchestrating disruptions during the recent council meeting to divert attention from their administrative shortcomings.

"The mayor exhibited a dictatorial attitude by preventing the opposition from speaking during the council meeting. He broke tradition by delivering a speech on his supposed achievements instead of allowing the opposition to use their designated time during zero hour," Alva stated.

He also criticized the mayor for not following the customary practice of inviting opposition leaders and senior corporators to his chamber after the council meeting adjourned.

Alva emphasized the lack of progress on various civic projects under Mayor Shetty’s tenure, pointing out persistent issues such as overflowing underground drains, increased property taxes, and inconsistent water billing. "During the Congress administration, there was no increase in property taxes or water cess. In contrast, the BJP has imposed a heavier financial burden on the people. Despite nearly 5,000 pending applications, not a single house has been allocated to the poor in the past four years," Alva claimed.

When asked about Congress-nominated corporator Kishor Shetty, who was recently booked for throwing stones during a protest against Governor Thawar Chand Gehlot, Alva condemned the act but noted that the police filed an FIR against Shetty even under a Congress-led state government.

Corporator AC Vinayaraj added that Kishor Shetty is an accused in the case and will face consequences if proven guilty, suggesting that the BJP is highlighting this issue to deflect from their own failures. Senior corporator Shashidhar Hegde echoed these sentiments, reminding the public that there was no hike in property taxes or water bills during the Congress tenure in the MCC.

21-year-old Kaivalya Vohra and 22-year-old Aadit Palicha of quick-commerce startup Zepto with net worth of Rs 3,600 crore and Rs 4,300 crore respectively have topped the 2024 Hurun India Rich List showcasing the youngest entrepreneurs in the country. 

The list, released on Thursday, had SG Finserve’s Rohan Gupta & Family, 25, on the third spot with a wealth of Rs 1,300 crore followed by 26-year-old Shasvat Nakrani of BharatPe (Rs 1,300 crore). 

OYO’s Ritesh Agarwal, 30, with a net worth of Rs 1,900 core; Alakh Pandey, 32, of Physics Wallah with Rs 4,500 crore in wealth were also on the list. Razorpay’s Harshil Mathur and Shashank Kumar, both 33, were the richest in the ‘Hurun India Rich List – Youngest’ with each having a net worth of Rs 8,700 crore. 

“These individuals are driving change across various industries, reflecting the growing impact of India’s youth in business,” the report said. 

52 entrepreneurs on this year’s list were founders of 29 unicorns and two founders of gazelles, defined as most likely to ‘go unicorn’ within two years. Moreover, the cumulative wealth of Indian unicorn and gazelle listers on the rich list increased by 5 per cent to Rs 2.85 lakh crore. 

Meanwhile, this year’s list reported India’s billionaire count hitting 334, topped by Gautam Adani and family with 95 per cent growth in wealth to Rs 11.6 lakh crore followed by Rs 10.14 lakh crore net worth of Mukesh Ambani and family, Rs 3.14 lakh crore of Shiv Nadar and family, Rs 2.89 lakh crore of Cyrus S Poonawalla and family, and Rs 2.49 lakh crore of Sun Pharmaceutical Industries’ Dilip Sanghvi. 

“India is emerging as Asia’s wealth creation engine! While China saw a 25% decline in its number of billionaires, India experienced a 29% increase, reaching a record 334 billionaires,” said Anas Rahman Junaid, Founder and Chief Researcher, Hurun India. 

The list found 1,539 individuals across 134 cities with a net worth of Rs 1,000 crore. The cumulative wealth of individuals, according to the list, jumped by 46 per cent. Moreover, 1,334 individuals saw their wealth increase or stay the same, of which 272 are new entrants, while 205 recorded a drop in their wealth. 

The report said India minted a new billionaire every five days last year.

Sector-wise, industrial products had 142 individuals from the list while pharmaceuticals had 136 individuals. Chemicals, software, and real estate were other top sectors with 127, 105, and 91 rich individuals from this year’s list. 

“The pivot in the Indian economy from a services-led to a manufacturing-led model is reflected in the 2024 Hurun India Rich List. Industrial products sector entrepreneurs on the list have seen a remarkable 47% CAGR in their cumulative wealth over the past five years—the highest among all sectors,” said Junaid. 

This shift, he said, is fueled by several key factors, including the central government’s significant increase in capital expenditure on infrastructure development, which has risen to $133.3 billion for FY2024-25, marking an 11.1 per cent jump from the previous year.  

“Additionally, India attracted substantial foreign direct investment (FDI), with total inflows reaching US$17.96 billion in FY2023-24.” 

Mumbai with 386 individuals followed by New Delhi with 217 individuals were home to rich listers this year. Bengaluru (100), Chennai (82), Kolkata (69) were other top cities.