Economic slowdown: Automobile sector advised to be prepared to face the difficulties

coastaldigest.com news network
August 20, 2019

Mangaluru, Aug 20: Dakshina Kannada Automobile and Tyre Dealers Association, organized a seminar on ‘Economic Slowdown and Impact on Automobile Trade’ at the Meeting Hall of Kanara Chamber of Commerce & Industry (KCCI) in the city on Sunday.

Prof Venkatesh Amin, Head of MBA Department, Shree Devi Institute of Technology, was the moderator and chief resource person for the seminar. Office bearers and members of the association participated in the seminar. A. K. Raman, General Manager of Gabriel India Ltd., Delhi and KCCI Directors Maroor Rammohan Pai, Dinesh Rao and Palli Sadanand Shetty too participated.

K. G. Shenoy, patron, welcomed the gathering. “Today the automobile sector is in state of deep crisis. Automobile and tyre industry is at the Crossroads and this is a critical time for us to understand the changes taking place around us and visualize a new future,” he said.

Association Secretary K. Vilas Kumar delivered the keynote address. “Most of the factors responsible for slowdown in automobile sector are beyond our control. The government is trying to provide relief to the industry. But even the best relief measures will take time to show results. Hence we should be prepared to face the difficulties and come up with survival strategies,” Vilas Kumar observed.

Venkatesh Amin lead an interactive session to understand the present economic crisis, its causes and possible solutions. He also conducted some animated exercises and management games to demonstrate critical thinking, creative thinking, adapting to change, stimulating productivity etc. Various tips were given to the members to conserve cash and reduce exposure to debt. Athmika Amin proposed the vote of thanks.

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coastaldigest.com news network
December 20,2025

Mangaluru, Dec 20: City Police Commissioner Sudheer Kumar Reddy has issued a high-alert warning to vehicle owners regarding a surge in cyber fraud targeting those looking to pay traffic violation fines. Fraudsters are reportedly exploiting recent government discount schemes on traffic penalties to deceive citizens.

The Scam: How Fraudsters Strike

Criminals are using SMS, WhatsApp, and social media to circulate suspicious links and APK files (Android application packages). They claim these apps allow users to pay e-challans at a discount.

•    Device Hacking: Downloading these unauthorized apps gives hackers full access to the victim's smartphone.

•    Financial Theft: Once the phone is compromised, fraudsters intercept OTPs and personal data to drain bank accounts.

•    Phishing Sites: Fake websites mimicking official portals are also being used to harvest banking credentials.

Already, two residents within Mangaluru city limits have reported significant financial losses after falling victim to these fraudulent apps.

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News Network
December 15,2025

Udupi, Dec 15: What was meant to be a post-pilgrimage gathering turned tragic in Padukere village of Brahmavar taluk, Udupi district, late Sunday night, when a clash among youths escalated into a fatal assault, leaving one man dead.

The victim has been identified as 30-year-old Santosh Mogaveera, a resident of Padukere.

According to preliminary information, the incident took place during a late-night drinking party involving a group of local youths who had recently returned after completing their pilgrimage to the Sabarimala shrine. An argument reportedly broke out among the group and soon escalated into a violent confrontation.

During the ensuing brawl, Santosh Mogaveera was allegedly assaulted and collapsed at the spot after sustaining serious injuries. He was rushed by local residents to a private hospital in Brahmavar, where doctors declared him dead.

On receiving information, senior police officials, including Brahmavar Circle Inspector Gopikrishna, Kota Police Sub-Inspector Praveen Kumar T, Station ASI Manthesh Jabagoudar, and head constables Pradeep and Ashok, visited the spot and conducted an inspection.

Police have taken four youths into custody in connection with the incident. A case has been registered at the Kota police station, and further investigation is underway to ascertain the exact sequence of events leading to the death.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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