Nowhera Shaikh, the boss of Heera Gold and MEP, arrested for allegedly cheating people

News Network
October 16, 2018

Hyderabad, Oct 16: Nowhera Shaik, the CEO of Heera Group engaged in mobilising investments through gold schemes offering a high rate of interest has been arrested for allegedly cheating depositors.

The 45-year-old business magnet, heading 15 different group companies spread across different parts of the country, was arrested on Monday in New Delhi and brought to Hyderabad, the police said here today.

A senior police officer said many of the companies were involved in collecting deposits and investments in different modes of gold schemes from the public, and promising a return of 36 per cent a year on the invested amount.

While the exact number of those affected was not yet known, it is estimated that the number of depositors could be in thousands in different states of the country, the police said in a statement.

Many investors have not been paid their dues for the last few months by the companies, the police said, adding the accused has not cooperated with the probe.

Nowhera Shaik is the founder and president of All India Mahila Empowerment Party, launched on November 16, 2017. Her party had contested in all assembly seats in recent Karnataka polls and lost deposit in all constituencies. She has now decided to field candidates in all constituencies in Telangana. 

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News Network
April 12,2024

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Udupi, Apr 12: A family’s visit to a resort to enjoy Eid-ul-Fitr holidays turned tragic as a 10-year-old boy drowned in the swimming pool at Hengavalli in Kundapur taluk of Udupi district on Thursday. 

The deceased has been identified as Mohammed Azeez, a Class 4 student at Darussalam English Medium School in Hoode.

Azeez was, who had gone to the resort along with his parents, was playing in the pool when he lost balance and drowned. Even though he was rescued, he was in a critical condition and later breathed his last. 

The family members have accused the negligence of the resort management as the reason for Azeez's death. They said that the incident occurred due to the absence of safety equipment like life jackets and the lack of lifeguards near the swimming pool.

A case has been registered at Shankaranarayana police station and investigations are underway. 

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News Network
April 24,2024

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Bengaluru: Former Prime Minister H D Deve Gowda on Wednesday slammed Rahul Gandhi’s "wealth redistribution promise", stating that only someone with no practical knowledge can speak like that.

 “He is dreaming of a revolution. By talking about wealth redistribution, Rahul Gandhi has insulted and humiliated two Congress Prime Ministers who brought market reforms and increased the wealth of the nation,” he added, recalling the contribution of P V Narasimha Rao and Manmohan Singh in economic liberalisation.

Accusing Gandhi of indirectly trying to say that what the two Congress Prime Ministers did was wrong, Gowda said, "He (Rahul Gandhi) has torn up their economic reforms like he had torn up an ordinance (which sought to overturn the rule that disqualifies convicted MPs and MLAs) issued by (the then) Manmohan Singh (government)."

The 90-year-old JD(S) supremo ridiculed the Congress manifesto claiming that only a party that is sure of never coming to power can make as many promises.

“The Congress has promised so many things in its manifesto. The only party that is very sure of never coming to power will promise so much,” Gowda said at a press conference here.

He said the Congress wants to turn this country 'upside down' and the promises made by it indicated that it wants to come to power 'at any cost'.

“Rahul Gandhi wants to do a wealth survey and distribute the wealth. Does he think he is a mass leader,” Deve Gowda said.

Picking up points from the Congress manifesto ‘Nyay Patra’, Gowda said Rahul Gandhi wants to 'give 30 lakh new central government jobs and run this country'.

“There are only 40 lakh sanctioned jobs. How can he create 30 lakh more jobs overnight? How much will he pay these people? Where will he employ them,” he asked.

“Only someone with no practical knowledge can speak like this. (P) Chidambaram was the manifesto committee chairman. Does he agree with Rahul Gandhi’s immature economic ideas,” Gowda said.

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News Network
April 10,2024

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Bengaluru: The results of the first examination for the 2nd Pre-University (PU) students were out Wednesday, registering an increase of six percentage points.

The results will be announced in colleges at around 3 pm today. Results were made available online at 11 am. Students can visit www.karresults.nic.in to check their scores.

A total of 6. 81 lakh candidates appeared for the examination and 5.52 lakh students passed. The overall pass percentage is 81.15 %. 305212 girls and 247478 boys passed the exam. The pass percentages of girls and boys are 84.87% and 76.98% respectively.

Medha D of NMKRV PU College, Bengaluru, emerged as the topper in the Arts stream by scoring 596 for 600.

In the Commerce stream, Gnanavi M from Vidyanidhi Independent PU College, Tumkur, topped the list by scoring 597 out of 600. In Science, the topper is A Vidyalakshmi of Vidyanikethan Science PU College, Hubballi, with 598.

Karnataka School Examination and Assessment Board chairperson N Manjushree said the second exam will be held between April 29 and May 16. Students can apply for revaluation, she specified.

The Karnataka 12th examination was conducted from March 1, 2024, to March 22, 2024, at various exam centres in the state. 

According to officials, around 7 lakh students have appeared for Karnataka Class 12 board examination this year.

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