Voting expected at CLP meet to choose new CM of Karnataka

News Network
May 14, 2023

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Bengaluru, May 14: The newly elected Congress MLAs are likely to 'vote' at the Congress Legislature Party (CLP) meeting is scheduled to be held today to elect their leader who will be the new chief minister of Karnataka at 

Karnataka Congress president DK Shivakumar has a strong claim on the chief minister's chair, but there is also Siddaramaiah who is eyeing a second term. 

Addressing a press conference on Saturday, AICC general secretary Randeep Singh Surjewala said the CLP meeting will be held at 5.30 pm. The party has already given instructions to all its MLAs to arrive in Bengaluru.

According to party sources, the MLAs will be given an opportunity to "vote" for their choice of the CM candidate. "The party had done a similar exercise in Himachal Pradesh. There will be AICC observers who will conduct the poll. All the MLAs will vote and the CM candidate will be decided based on this process," sources in the party said. 

Shivakumar, who was appointed KPCC president in March 2020, said he had promised Sonia Gandhi that he would "deliver" Karnataka. "Today, I have fulfilled my promise," he said. 

An 8-time MLA, Shivakumar has the optics going for him. He broke down on national television, profusely thanking the Gandhi family. Shivakumar's supporters have been running the #DKforCM campaign on social media. 

In the election, the Congress' domination of the Old Mysuru region would go to Shivakumar, a Vokkaliga.  

It is also generally perceived that whoever is the KPCC president becomes a natural choice for the CM's post - SM Krishna and Veerendra Patil are examples.

The party must balance Shivakumar's aspiration with Siddaramaiah's expectation. Being the only CM to have completed the full 5-year term, Siddaramaiah is known for his adminstrative acumen and grip over financial matters - he has presented a record 13 budgets. 

Siddaramaiah is the Congress' biggest mass leader and face of the Ahinda (minorities, backward classes and Dalits). Siddaramaiah's declaration that this will be his last election may also help him garner points on the grounds of seniority. Apparently, Siddaramaiah is believed to enjoy Rahul Gandhi's backing.

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News Network
November 25,2024

Udupi: Six junior artists from the prequel of Kannada blockbuster film ‘Kantara’ were injured, when the bus they were travelling in overturned in the district, police said on Monday.

According to police, the accident occurred near Jadkal on Sunday night when the mini-bus carrying the crew of the film overturned.

“The incident happened while they were returning to Kollur after completing the shoot at Mudoor in Jadkal. The mini-bus was carrying 20 junior artistes when it met with the accident,” a police officer said.

The injured were rushed to hospitals in Jadkal and Kundapur for treatment, they said.

The Kollur police are investigating the matter.

"The news making rounds is completely false. The Kantara: Chapter 1 team began shooting at 06:00 AM today, and everything is proceeding as normal. A minor accident occurred 20 kilometres away from the shooting location, involving a local bus carrying some members of the Kantara team. However, no injuries were reported," a source close to the production said.

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News Network
November 15,2024

Udupi: The Tourism Department is planning a major eco-friendly development initiative for Kamini Island, located near the Blue Flag-certified Padubidri End Point beach, aiming to attract more visitors while maintaining environmental sustainability.

Assistant Director Kumar CU emphasized that, given the island’s proximity to the Blue Flag beach, all development efforts will center around eco-friendly practices. “We are looking to enhance the Kamini River and the island’s surroundings by adding a hanging bridge, nature trails, and eco-friendly food courts offering traditional cuisine. Visitors will also be able to reach the island by pedal boats or kayaking,” he said.

The development project is estimated to cost between Rs 3 crore and Rs 4 crore. Meanwhile, the Blue Flag beach, Padubidri, continues to see a steady flow of visitors. Vijay Shetty, manager of the beach, shared that tenders for food courts and water sports have been awarded to private parties. Recently, three new coracles have been introduced, which are proving to be a hit with visitors. Additionally, three more shelters are expected to be ready by November 20.

Shetty mentioned that the beach can now accommodate between 2,500 and 3,000 visitors daily, although footfall remains lower than other district beaches due to user fees and activity restrictions. “Initially, most visitors were from Mangaluru, but now nearly 40% come from other districts, showing a shift in the visitor demographics,” Shetty noted.

To further boost tourism and promote a healthy lifestyle, a Beach Carnival is set to take place on November 23-24, featuring the National Sea Swimming Championship and a sea marathon in collaboration with the Padubidri JCI, which is celebrating its golden jubilee. Cultural events will be held at the main beach, with some sports events taking place at the Blue Flag beach. Emphasis will be placed on making all activities environmentally friendly.

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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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