Indian origin-billionaire, founder of Dubai’s Landmark Group Micky Jagtiani no more

News Network
May 26, 2023

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Dubai-based billionaire businessman Micky Jagtiani, who founded retail giant Landmark Group, has passed away. The chairman and owner of the group was 70 years old.

With a net worth of $5.2 billion, he was ranked 511 on the Forbes' 37th annual world billionaires list earlier this year. 

Jagtiani was originally from India and started the business in 1973 with one store in Bahrain. He then expanded the business across the west Asia, Africa and India. According to Forbes, Jagtiani drove a taxi in London before moving to Bahrain and starting a baby products shop.

Currently, his wife Renuka runs the Landmark Group as chairman and chief executive officer (CEO).

His three children are directors in the group, overseeing different aspects of the business.

The Landmark Group also entered India in 1999 and has a range of retail brands like Lifestyle and Max for clothes and Home Center for furniture and home furnishings.

The Dubai-headquartered group also operates brands Babyshop, Centrepoint, Home Centre, Lifestyle, Splash, Shoemart and Emax.

"Today Dubai lost a man who was a key player in the retail and real estate industry. Micky Jagtiani the founder of land mark group has passed away," tweeted Emirati businessman Majid Saif Al Ghurair.

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News Network
December 31,2024

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From shocking sex scandals to high-profile scams and intense factional power struggles, Karnataka's political landscape in 2024 played out like a gripping thriller. The state's three dominant parties—Congress, BJP, and JD(S)—found themselves entangled in controversies, scandals, and unexpected alliances, keeping the political stage turbulent throughout the year.

Shocking Hassan Sex Scandal Hits JD(S)
The JD(S) faced a monumental crisis with the Hassan sex scandal involving its MP Prajwal Revanna. Allegations of sexual exploitation surfaced through pen drives containing incriminating videos, sending shockwaves across the nation. Revanna fled the country but was arrested on May 31 upon his return. The scandal not only embarrassed the JD(S) but also led to the party losing its stronghold in Hassan, a seat it had held since 1999.

Congress' Struggles with Scams and Infighting
The Congress, riding high after its 2023 Assembly poll victory, faced a series of setbacks. Chief Minister Siddaramaiah’s reputation as “Mr. Clean” was tarnished by allegations in the MUDA site-allotment scam, for which he is under court-ordered investigation. The Maharshi Valmiki Scheduled Tribes Development Corporation Limited scam also led to the resignation and arrest of Minister B Nagendra.

Adding to the Congress' woes, the BJP spotlighted a controversial marking of farmers' lands as Waqf properties, further intensifying the political storm. However, the Congress bounced back by sweeping three critical by-elections in Channapatna, Shiggaon, and Sandur, silencing critics and bolstering support for its flagship guarantee schemes.

BJP-JD(S) Alliance: A Rocky Path
The BJP and JD(S), forced into an alliance after 16 years, saw relative success in the 2024 Lok Sabha polls. While the BJP won 17 of the 25 seats it contested, the JD(S) secured two seats, enabling its state president H D Kumaraswamy to join the Modi 3.0 Cabinet.

However, the BJP faced its own internal strife, with factional tensions erupting after the appointment of B Y Vijayendra, son of B S Yediyurappa, as the state party president. MLA Basanagouda Patil Yatnal openly criticized Vijayendra’s leadership, earning a show-cause notice. Adding to the BJP’s troubles were sexual assault allegations against Yediyurappa and MLA Munirathna, which tarnished the party's image.

Power Tussle within Congress
Deputy Chief Minister D K Shivakumar’s ambitions for the top post grabbed headlines after a controversial interview where he hinted at an "agreement" for chief ministership. While Chief Minister Siddaramaiah denied such an arrangement, Shivakumar’s comments reignited debates about factionalism within the Congress.

Legislative Drama and Bitter Exchanges
The year ended with heated debates in the Belagavi session. The BJP cornered the Congress on the Waqf land issue, while Congress countered with statistical defenses. Tensions flared when Women and Child Development Minister Laxmi Hebbalkar accused BJP leader C T Ravi of using derogatory language against her, leading to Ravi's arrest and subsequent bail.

Karnataka in 2024 was a year of intense political drama, marked by scandals, power struggles, and shifting alliances—offering a preview of the state's evolving political dynamics in the years to come.

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News Network
January 1,2025

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New Delhi: In a jibe at AAP supremo Arvind Kejriwal on Wednesday, Delhi BJP chief Virendra Sachdeva urged him to give up what he said were the former CM's "deceitful and dishonest" political practices as a new year resolve.

The dig at Kejriwal comes in response to his letter to RSS head Mohan Bhagwat in which he has accused the BJP of "openly" distributing money and trying to get Puravanchali and Dalit voters deleted from Delhi's electoral rolls ahead of the assembly polls.

Sachdeva extended Kejriwal new year greetings in his letter and said since childhood we all make resolutions on New Year's day to give up bad habits and start something good and new.

The Delhi BJP president said he hoped that, on the first day of 2025, Kejriwal would strive to bring meaningful change by abandoning "dishonest and deceitful political practices".

As part of his New Year's resolution, Kejriwal should resolve to "never to swear in the name of his children", and "apologise for promoting liquor" and "making false assurances" of cleaning Yamuna, Sachdeva said.

He also said he hoped the AAP chief would stop "playing with the sentiments" of Delhi's women, elders, and religious communities by making "false promises" and will not "associate with or accept donations" from "anti-national forces" for political gains.

"May God give you the strength to walk on the path of righteousness," Sachdeva said concluding the letter.

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News Network
December 23,2024

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Dhaka: Bangladesh's interim government said on Monday that it has sent a diplomatic note to India to send back deposed prime minister Sheikh Hasina to Dhaka.

Hasina, 77, has been living in exile in India since Aug 5 when she fled the country amid the student-led protests that toppled her 16-year regime. Dhaka-based International Crimes Tribunal (ICT) has issued arrest warrants for Hasina and several former Cabinet ministers, advisers, and military and civil officials for "crimes against humanity and genocide".

“We have sent a note verbale (diplomatic message) to the Indian government saying that Bangladesh wants her back here for the judicial process,” Foreign Affairs Adviser or de facto foreign minister Touhid Hossain told reporters at his office.

Earlier in the morning, Home Advisor Jahangir Alam said his office has sent a letter to the foreign ministry to facilitate the ousted premier's extradition from India.

“We have sent a letter to the foreign ministry regarding her extradition. The process is currently underway,” he told reporters in response to a query.

Alam said an extradition treaty between Dhaka and New Delhi already exists and Hasina could be brought back to Bangladesh under the treaty.

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