I-T searches 130 premises of Joyalukkas jewellery

Agencies
January 10, 2018

The Income Tax Department today conducted country-wide searches at over 100 stores and other premises belonging to two major south-India based jewellery chains on charges of alleged tax evasion, official sources said.

The action is being carried out against Kerala-based jewellery group Joyalukkas and another firm connected with it.

I-T sleuths are raiding 130 premises of the business houses in the cities of Chennai, Hyderabad, Thrissur and other locations in Kerala, Karnataka, Andhra Pradesh, Telangana, Gujarat, Maharashtra, Delhi and West Bengal, I-T sources said.

The action, they said, is aimed at checking alleged tax evasion following demonetisation in the two firms. Tax sleuths detected huge cash deposits and sale figures of gold, diamond and jewellery in their accounts.

The Chennai wing of the department is coordinating the nation-wide action, involving over 100 tax sleuths and a number of police teams, sources said.

Comments

Abdul Razak
 - 
Wednesday, 10 Jan 2018

Joy Alukkas is world biggest company, even though its GOS Jesus christian follower company, i can see lots of negative from mulims in disguise of hindu names below. GOD Jesus christ bless Joy alukkas

Mohan
 - 
Wednesday, 10 Jan 2018

Finally!!! Great job!

Bala Iyer
 - 
Wednesday, 10 Jan 2018

It is a mystery why the Saravana Group does not attract the attention of any agency.

Rahul
 - 
Wednesday, 10 Jan 2018

Raid them thoroughly and destroy this nest of black money hungry snakes.

Unknown
 - 
Wednesday, 10 Jan 2018

Tax raids were almost forgotten during the last 10 years of congress rule! Why? Same intelligence was there, but it was used to force the target to give donations to party fund.

Anonymous
 - 
Wednesday, 10 Jan 2018

Reliance Jewelers and Gujjus are not making good business. Time to raid these south Indian companies.

Srinivasa Bhat
 - 
Wednesday, 10 Jan 2018

missionaries money. their family has three different groups.. one more gold loan group having more than 10000 branches in all over India, even they penetrated place like munger,jamalpur, gonda, like small towns.. Where ever they working they placed kerla Christian should be there and he/she is responsible & coordinator between local church authority & foreign donor/ conversion group.

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News Network
November 27,2025

Bengaluru, Nov 27: Karnataka Chief Minister Siddaramaiah’s camp is reportedly on alert as the Congress leadership tussle in the state intensifies, particularly amid speculation over the potential promotion of Deputy Chief Minister D.K. Shivakumar. Siddaramaiah is said to be in a “wait-and-watch” mode after admitting to “confusion” earlier this week and urging the party to “put a full stop” to it.

Sources say his supporters are ready to act if senior leaders — including party chief Mallikarjun Kharge, Sonia Gandhi, and Rahul Gandhi — give any indication of backing Shivakumar. If the party insists on a leadership change, Siddaramaiah’s camp has a list of alternatives, underscoring the deep rift between the two leaders. One possible candidate is Home Minister G. Parameshwara, a Siddaramaiah loyalist and influential Dalit leader.

The strategy was reportedly finalized at a meeting led by PWD Minister Satish Jarkiholi, another Siddaramaiah supporter, who stressed that Delhi leaders need to resolve the issue. Kharge and the Gandhis are expected to meet soon, after which Siddaramaiah and Shivakumar may be summoned to Delhi.

Shivakumar has largely stayed non-confrontational, publicly endorsing Siddaramaiah and downplaying speculation about his own ambitions. However, he has made pointed comments emphasizing the importance of honoring promises, directed at Siddaramaiah.

The feud traces back to the 2023 state election, when Siddaramaiah was chosen as Chief Minister while Shivakumar, who led the party’s campaign, was made Deputy CM and state party chief — a departure from the Congress’ usual “one post per person” rule.

There were also hints of a prior understanding that Siddaramaiah would step down midway through the term. As the halfway mark passed last week, Shivakumar-aligned lawmakers have ramped up pressure on the party for a leadership change, with Shivakumar himself hinting at stepping down as state party chief to pursue the top job.

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News Network
November 30,2025

airportmetro.jpg

Udupi: The pontiffs of Sri Paryaya Puttige Mutt, the sacred seat of Jagadguru Shrimad Madhvacharya Moola Samsthanam, have submitted a proposal to the Prime Minister seeking comprehensive development for Udupi district. 

Proposal for International Airport

A key request is the establishment of an international airport. Highlighting that around 1,000 acres of land are available and suitable, the pontiffs noted that the existing Mangalore Airport provides limited international connectivity. They suggested the airport be developed under a Public-Private Partnership (PPP) or as a Greenfield Airport to boost trade, education, healthcare, and spiritual tourism.

Metro and Rapid Transit Connectivity

The proposal also calls for Metro Rail or Rapid Transit between Mangaluru and Udupi. The 55 km coastal stretch experiences heavy daily commuter traffic, causing congestion. The district administration is ready to prepare an initial project report for a Mass Rapid Transit corridor and requested inclusion under national urban mobility programmes to ensure safe, green, and time-efficient regional transport.

Port and Coastal Development

The pontiffs urged the development of an international-standard port with a cruise terminal along Udupi’s coast. They also requested fast-tracking of pending coastal tourism projects and revising Coastal Regulation Zone (CRZ) norms to encourage sustainable infrastructure and hospitality investment.

IT, AI and Technological Infrastructure

Support was sought for an IT and AI Innovation Park with incubation facilities under Digital India and Startup India initiatives. The proposal also emphasized the need for strengthened data security and cloud computing infrastructure to boost India’s technological independence.

Sports and Education Initiatives

The pontiffs requested national sports status for Kambala, along with financial and infrastructure support. They also sought the establishment of an AIIMS in Udupi, a new IIT campus, and approval for an IIM to promote higher education in the district.

Representation to the Prime Minister

Sri Sugunendra Tirtha Pontiff and Sri Sushrendra Tirtha Swamiji represented the pontiffs in submitting the comprehensive development proposal to the Prime Minister during his recent visit.

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News Network
November 22,2025

Udupi, Nov 22: The Prime Minister’s Office (PMO) has officially confirmed Narendra Modi’s visit to Udupi on November 28 and shared his detailed schedule with the Karnataka chief secretary.

According to the itinerary, the Prime Minister will land at Mangaluru International Airport from Delhi at 11:05 am and depart for Udupi by helicopter at 11:10 am. He is expected to arrive at the Adi Udupi helipad at 11:35 am.

The earlier plan for a roadshow has been cancelled. Instead, PM Modi will proceed directly to Sri Krishna Math at 12 pm, where he will have darshan of Sri Krishna and address participants of the Laksha Kanta Geetha Gayana event.

The Prime Minister is scheduled to depart from the Adi Udupi helipad at 1:35 pm, returning to Mangaluru Airport before leaving for Goa at 2 pm.

The state administration has been directed to make all necessary arrangements for the visit.

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