Dakshina Kannada gets Rs 12K crore investment proposals

[email protected] (CD Network | Photos by Suresh)
January 12, 2016

Mangaluru, Jan 12: Leading companies including Mangalore Refinery and Petrochemicals Limited, Syngine and NRI tycoon BR Shetty on Tuesday proposed investments worth Rs 11,996.35 crore in Dakshina Kannada at an investors meet held in the city.

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Hosted by Dakshina Kannada district administration as a prelude to Invest Karnataka 2016— to be held at Bengaluru on February 3, today’s ‘Invest Dakshina Kannada 2016’ is considered as a super successful meet. However, all the memorandum-of-understandings are expected to be signed in Bengaluru meet.

As many as 33 proposals have been submitted to the department of Commerce and Industry and 13 investors have sought 1,251.50 acre land for investment. If all these investments were materialized, then it is expected to generate 4,665 employments in the coastal district.

While MRPL submitted three proposals worth Rs 10,000, Syngine proposed Rs 600 crore investment in pharmaceutical industry and sought 40 acre land at MSEZ. BR Shetty submitted two proposals with an investment to the tune of Rs 500 crore. He has sought 75 acres of land to set up Pharmaceutical and Wellness Spa and Boat Club and promised generation of 300 employments.

Sri Anagha Refineries Pvt Ltd promised Rs 110 crore investment in refinery of edible oil and is proposed to generate 150 employment. Government owned IOCL has sought 40 acre land for investing a sum of Rs 100 cr for LPG bottling plant and promised 400 employments. Promising 1,500 employments, Diya Systems Pvt Ltd, Mangaluru has proposed investments worth Rs 50 crore. It will set up IT centre and BPO Service on four acre land. Anita’s Aromatics has sought 10 acre land promising 100 employments after investing Rs 100 crore in perfumes production.

Other proposed investments are—Evermore Resorts India Pvt Ltd, Gurpura (Rs 45 crore in hotel industry) Sudhakar Pai, Mangaluru ( Rs 25 crore for steel manufacturing plant) Niyaz Sea Food Exports (Rs 20 crore on sea food). Precious Exports in cashew processing (Rs 12 crore), Medorganics India Pvt Ltd for manufacture of tablets and capsules (Rs 11.35 crore), Plant Tech International Ltd for manufacture of vacuum cleaning using super sucker vacuum trucks (Rs 8 crore), Jananial Enterprises for engineering industry (Rs 8 cr), Ganapathi R Hegde, Gujrath for water treatment chemicals (Rs 7 cr), Mariam Panels, Baikampady for panels and furniture (Rs 6.50 cr), Aquamater Solutions for water treatment (Rs 5.50 cr), Ayesha Panels for panels and furnitures (Rs 5 cr), Reliable Cashews Industries for processing of cashews (Rs 4 cr), Kanti Apparel for garment stitching and finishing (Rs 3.50 cr), Amaco Manufacturing and Industrial Service Pvt Ltd for manufacture of pigging foam (Rs 3 cr), Heramba Comforts, Thokkottu (hotel Rs 3 cr), GYPSY Wood Motels (hotel, Rs 3 cr), Sai International Pvt Ltd , Puttur (hotel, Rs 3 cr), Vikram Residency, Puttur (hotel, Rs 3 cr), Vivek Traders (Ayurvedic medicine Rs 3 cr), Bayline Plastic Industries for manufacture of plastic bag and allied products (Rs 2.50 cr) and Sanctum Dental Spa, Someshwar (health tourism, Rs 2 crore).

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Comments

Munnabhai
 - 
Wednesday, 13 Jan 2016

We urge the concerned authorities to look in to the status of Mangalore Roads and improve the conditions of transport and everything else will fall in place. Basic infrastructure is must for any city to develop.

Salman
 - 
Tuesday, 12 Jan 2016

Welcome Amaco group to Mangaluru. Happy to know that you are investing in Dakshina Kannada

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News Network
December 4,2025

Mangaluru: Chaos erupted at Mangaluru International Airport (MIA) after IndiGo flight 6E 5150, bound for Mumbai, was repeatedly delayed and ultimately cancelled, leaving around 100 passengers stranded overnight. The incident highlights the ongoing country-wide operational disruptions affecting the airline, largely due to the implementation of new Flight Duty Time Limitations (FDTL) norms for crew.

The flight was initially scheduled for 9:25 PM on Tuesday but was first postponed to 11:40 PM, then midnight, before being cancelled around 3:00 AM. Passengers expressed frustration over last-minute communication and the lack of clarity, with elderly and ailing travellers particularly affected. “Though the airline arranged food, there was no proper communication, leaving us confused,” said one family member.

An IndiGo executive at MIA cited the FDTL rules, designed to prevent pilot fatigue by limiting crew working hours, as the cause of the cancellation. While alternative arrangements, including hotel stays, were offered, about 100 passengers chose to remain at the airport, creating tension. A replacement flight was arranged but also faced delays due to the same constraints, finally departing for Mumbai around 1:45 PM on Wednesday. Passengers either flew, requested refunds, or postponed their travel.

The Mangaluru delay is part of a broader crisis for IndiGo. The airline has been forced to make “calibrated schedule adjustments”—a euphemism for widespread cancellations and delays—after stricter FDTL norms came into effect on November 1.

While an IndiGo spokesperson acknowledged unavoidable flight disruptions due to technology issues, operational requirements, and the updated crew rostering rules, the DGCA has intervened, summoning senior airline officials to explain the chaos and outline corrective measures.

The ripple effect has been felt across the country, with major hubs like Bengaluru and Mumbai reporting numerous cancellations. The Mangaluru incident underscores the systemic operational strain currently confronting India’s largest carrier, leaving passengers nationwide grappling with uncertainty and delays.

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News Network
December 4,2025

Udupi: A 40-year-old NRI from Udupi has reportedly lost more than Rs 12.25 lakh in an online investment scam operated through Telegram.

According to a complaint filed at the CEN police station, Leo Jerome Mendonsa, who has been working in Dubai for the past 15 years in computer accessories sales, maintains NRI accounts in Karkala and Nitte.

On November 12, 2025, Mendonsa was added to a Telegram group called Instaflow Earnings by unknown individuals. Users identified as Priya and Dipannita persuaded him to invest in “Revenue Tasks.” Initially, Mendonsa transferred Rs 1,100 multiple times and received the promised returns, encouraging him to continue.

On November 14, another user, Nishmitha Shetty, directed him to register on a website, digitvisionuoce.cc, and invest Rs 4 lakh in various shares. Over the next few days, he made multiple transfers totaling Rs 12,25,000, including Rs 50,000 via Google Pay, believing the scheme was legitimate.

After receiving the money, the alleged handlers stopped responding, and neither the invested amount nor the promised profits were returned.

The CEN police have registered a case under Sections 66(C) and 66(D) of the IT Act and Section 318(4) of the Bharatiya Nyaya Sanhita (BNS), and investigations are ongoing.

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News Network
December 3,2025

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Mangaluru, Dec 3: A group of Congress workers gathered at the Mangaluru International Airport on Wednesday to welcome AICC general secretary K C Venugopal, but the reception quickly turned into a display of support for Deputy Chief Minister D K Shivakumar.

Venugopal arrived in the city to participate in the centenary commemoration of the historic dialogue between Mahatma Gandhi and Narayana Guru. The event, organised by the Sivagiri Mutt, Varkala, in association with the Mangalore University Sri Narayana Guru Study Chair, is being held on the university’s Konaje campus.

KPCC general secretary Mithun Rai and several party workers had assembled at the airport to receive Venugopal. However, the moment he stepped out, workers began raising slogans backing Shivakumar.

The university programme will be inaugurated by Chief Minister Siddaramaiah.

This show of support comes just a day after Siddaramaiah remarked that Shivakumar would lead the government “when the high command decides.” The chief minister made the comment after a breakfast meeting at Shivakumar’s residence—another public display of camaraderie between the two leaders amid ongoing attempts by the party high command to downplay their leadership rivalry.

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