Yettinahole water project to be completed by 2027: D K Shivakumar

News Network
August 29, 2024

Deputy Chief Minister D.K. Shivakumar visited Kesavanahalli village in Sakleshpur taluk, Hassan district, on Wednesday to inspect the trial run of the Yettinahole project, particularly near the Kumbaradadi coffee estate.

During his visit, Shivakumar announced, "Today, we have initiated trial runs for five of the eight check dams, lifting around 1,500 cusecs of water. The remaining works will be launched by the Chief Minister at an auspicious time. I will discuss this further with the Chief Minister."

Highlighting the importance of the project, he added, "The Yettinahole project is a key initiative for our government. I commenced the trial run with a 'Ganga puja.' Although officials provided me with documents and videos, I wanted to see the progress firsthand, which is why I visited the site today."

Shivakumar also shared the financial progress of the project, stating that Rs 16.152 crore has been utilized as of July 2024. He outlined plans to prioritize the project's completion by March 31, 2027.

The Yettinahole project aims to supply 24.01 tmc of water for drinking purposes to several districts, including Kolar, Chikkaballapur, Bengaluru Rural, Ramanagara, Tumakuru, Hassan, and Chikkamagaluru. Approximately 14.056 tmc of water will be distributed to 38 towns and 6,657 villages across 29 drought-affected taluks, benefiting 7.559 million people. Additionally, the project plans to release 9.953 tmc-ft of water to 527 lakes in Kolar, Chikkaballapur, Bengaluru Rural, Hassan, and Tumakuru.

Addressing delays, Shivakumar stated, "During my previous visit, I had set a deadline, but the project has been delayed by two to three months. However, we have managed to complete most of the work, except for tasks related to the Forest Department. We will engage with the department to address these pending issues."

Also present at the inspection were Minister D. Sudhakar, MP Shreyas Patel, MLA K.M. Shivalingegowda, Sharat Bachegowda, Additional Principal Secretary of Water Resources Gaurav Gupta, Deputy Commissioner Satyabhama, and other officials.

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News Network
November 11,2024

Udupi, Nov 11: A traveller reportedly lost ₹4.1 lakh after attempting to book a cab online in Udupi. 

At around 1:30 PM on November 7, the man from West Bengal searched for car rentals on Google and selected a website named "Shakti Car Rentals." Shortly after, he was contacted by someone claiming to be "Rohit Sharma," who directed him to pay a registration fee of ₹150 on the site.

After unsuccessful payment attempts via both his Canara Bank debit card and SBI credit card (without receiving an OTP), "Rohit Sharma" instructed him to pay the driver directly. But at 1:47 PM, he received messages showing deductions of ₹3.3 lakh from his SBI credit card and ₹80,056 from his Canara Bank debit card, totaling ₹4.1 lakh.

The complainant alleges fraud through a deceptive link disguised as a booking token fee. A case has been registered at Udupi Town Police Station.

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News Network
November 17,2024

Mangaluru: District-in-Charge Minister and Minister for Health and Family Welfare, Dinesh Gundu Rao, announced that a day-care chemotherapy centre will soon be established at District Wenlock Hospital. Speaking to mediapersons after reviewing the activities at Wenlock and Government Lady Goschen Hospital, he shared the government’s plans to enhance healthcare services in the region.

Key Initiatives Announced

•    Day-Care Chemotherapy Centre:

  • Ten beds will be reserved for cancer patients.
  • The government will collaborate with Yenepoya Hospital to provide chemotherapy treatments.
  • All required facilities for the centre are already in place, awaiting inauguration by the Chief Minister.

•    Wenlock Hospital Facelift:

  • Critical Care Block: To be built at a cost of ₹24 crore.
  • Integrated Public Health (IPH) Lab: Planned with a budget of ₹1 crore.
  • New OPD Block: As per a 2017 agreement, KMC Hospital will take up construction. Discussions with KMC management are underway.

•    Additional Requirements:

  • A new mortuary and post-mortem building.
  • Paramedical college building.
  • Modern kitchen.
  • Bridge connecting two buildings within the hospital.

•    Total facelift cost: ₹6 crore to ₹10 crore, utilizing funds from the Department of Health and Family Welfare and CSR contributions.

•    Timeline:
By December or January, priority works will be finalized. The superintendents of Wenlock and Lady Goschen Hospitals are scheduled to visit Bengaluru next week to discuss these projects.

•    MRI Fee Allegations:
The minister assured that allegations of patients being charged for MRI scans at Wenlock Hospital will be resolved at the earliest.
These measures aim to improve healthcare accessibility and infrastructure, positioning Wenlock Hospital as a state-of-the-art facility in the region.

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News Network
November 21,2024

adani.jpg

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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