Petroleum dealers to discuss their woes in two-day meet on Nov 26,27

[email protected] (CD Network)
November 8, 2011

pet

Mangalore, November 8: Dakshina Kannada and Udupi District Petroleum Dealers Association (DKUPDA) will be organising a state level petroleum dealer's conference on November 26 and 27 in Kundapur.

Revealing this to media persons at a press conference here on Tuesday, Satish N Kamath, chairman, conference committee, said that the conference would provide platform to exchange thoughts and also to share key information regarding the trade.

He said that petroleum trade has been under the threat for over a decade with shrinking margins, unhealthy competition among the oil companies by allotting more outlets where there is no potential hence leading to closure of outlets.

He said that the dealers condemn the increase in petrol prices which in turn affecting them in increase in their working capital and depleting margins.

He said that margin remains stable on per-litre basis and other expenses have grown exponentially like interest rates, hidden bank charges, salary, evaporation losses, and electricity charges also frequent power cuts in recent times.

Adding to that, Karnataka is most expensive state in the country as far as of fuel price is concerned and this is due to the higher Sales Tax and Entry Tax in the State, he observed.

Mr Kamath said, DKUPDA observed that the oil marketing companies have called for more than 3000 odd petrol pumps for the state which is being serious threat to the trade and on the other hand oil marketing companies are claiming huge losses due to high crude oil prices and dollar appreciation and are still submitting to setting up new outlets which costs crores of rupees on each new outlet, which shows the double standards of these oil companies.

Pointing to the price varies of petrol in southern part of the states he said, proper steps to be taken to control this and parity of prices petrol all over India is the objective of Association, and it is are supposed to give quantity with quality products which is not being done so far.

Vishwas Shenoy, President of DKUPDA, Mangalore said, “In order to run the trade and serve in the best possible way to the society we have added value added services like windshield cleaning, free air, clean toilets and neat housekeeping and to extend timings on our working hours”

“Hence the upcoming conference would enlighten the dealers and the aspiring of venturing into the trade on the legality aspects, profitability, statutory rules and business module of the trade also to encourage the entrepreneurs to venture into this trade to render best service to the society where there is enough potential and not going by the misleading advertisement of oil marketing Cos”, he added.

Oscar Fernades, MP, Rajyasabha, Nalin Kumar Kateel, MP, Mangalore, Shobha Karandlaje, Minister for Power, Food and Civil Supplies, Govt of Karnataka, Haladi Srinivas Shetty, MLA and Jayaprakash Hegde, former Union Minister will be the guest among others during the inaugural of two day conference.

Aithappa Alva, Secretory Conference Committee, Sudhir Bhandary, Secretary, DKUPDA, and Murulidhara Prabhu were present in the Press meet.

Petrol and Diesel Rates in Various Place of India:

Places Petrol Rates Diesel Rates

Delhi 68.64 41.29

Mumbai 73.81 43.23

Chennai 72.73 43.95

Hyderabad 76.4 45.08

Trivandrum 70.75 44.55

Bangalore 76.79 46.21


petroliam


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News Network
January 23,2026

Karnataka Governor Thaawarchand Gehlot read only three lines from the 122-paragraph address prepared by the Congress-led state government while addressing the joint session of the Legislature on Thursday, effectively bypassing large sections critical of the BJP-led Union government.

The omitted portions of the customary Governor’s address outlined what the state government described as a “suppressive situation in economic and policy matters” under India’s federal framework. The speech also sharply criticised the Centre’s move to replace the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, commonly referred to as the VB-GRAM (G) Act.

Governor Gehlot had earlier conveyed his objection to several paragraphs that were explicitly critical of the Union government. On Thursday, he confined himself to the opening lines — “I extend a warm welcome to all of you to the joint session of the State legislature. I am extremely pleased to address this august House” — before jumping directly to the concluding sentence of the final paragraph.

He ended the address by reading the last line of paragraph 122: “Overall, my government is firmly committed to doubling the pace of the State’s economic, social and physical development. Jai Hind — Jai Karnataka.”

According to the prepared speech, the Karnataka government demanded the scrapping of the VB-GRAM (G) Act, describing it as “contractor-centric” and detrimental to rural livelihoods, and called for the full restoration of MGNREGA. The state government argued that the new law undermines decentralisation, weakens labour protections, and centralises decision-making in violation of constitutional norms.

Key points from the unread sections of the speech:

•    Karnataka facing a “suppressive” economic and policy environment within the federal system

•    Repeal of MGNREGA described as a blow to rural livelihoods

•    VB-GRAM (G) Act accused of protecting corporate and contractor interests

•    New law alleged to weaken decentralised governance

•    Decision-making said to be imposed by the Centre without consulting states

•    Rights of Adivasis, women, backward classes and agrarian communities curtailed

•    Labourers allegedly placed under contractor control

•    States facing mounting fiscal stress due to central policies

•    VB-GRAM (G) Act accused of enabling large-scale corruption

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News Network
January 31,2026

Roy.jpg

Bengaluru: The shooting incident involving CJ Roy, founder of the Confident Group, has once again put the spotlight on a businessman whose life has swung between flamboyant global success and persistent controversy at home.

Though Roy’s business interests extended across continents, his roots lay firmly in Karnataka. An alumnus of Christ School in Bengaluru, he later moved to Tumakuru to pursue an engineering degree. Those familiar with his early years describe him as intensely ambitious, beginning his career as a salesman at a small electronics firm dealing in computers.

Roy’s entry into large-scale real estate came through the Crystal Group, where he worked closely with Latha Namboothiri and rose from manager to director. However, the launch of the Confident Group in 2005 was clouded by industry speculation. Insiders speak of a fallout involving alleged “benami” properties and claims of deception that ultimately led to his independent venture—an episode Roy spent years trying to distance himself from, according to associates.

A tale of two cities

Roy’s professional trajectory diverged sharply across geographies.

In Dubai, he built a reputation as a bold and efficient developer, completing massive luxury residential projects in record time—some reportedly within 11 months. His rapid project delivery and lavish lifestyle in the Emirates earned him admiration and visibility in the real estate sector.

In Bengaluru, however, his image remained far more fractured. Sources say Roy stayed away from the city for several years amid disputes over unpaid dues to vendors and suppliers. Several projects were allegedly stalled, with accusations of unfulfilled commitments to cement and steel suppliers continuing to follow him.

Roy’s return to Bengaluru’s business and social circles began around 2018, marked by a conscious attempt at rebranding. His appointment as Honorary Consul of the Slovak Republic added diplomatic legitimacy, which he complemented with visible CSR initiatives, including ambulance donations and high-profile charity events.

Heavy police presence in Langford Town

Following the incident, police personnel from the Central division were deployed outside the Confident Group building in Langford Town, which also houses the Slovak Honorary Consulate in Bengaluru.

The otherwise busy premises near Hosur Road wore a deserted look on Friday, reflecting the shock and uncertainty that followed the tragedy.

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News Network
February 1,2026

Bengaluru: Karnataka Deputy Chief Minister D K Shivakumar on Sunday criticised the Union Budget presented by Finance Minister Nirmala Sitharaman, claiming it offered no tangible benefit to the state.

Though he said he was yet to study the budget in detail, Shivakumar asserted that Karnataka had gained little from it. “There is no benefit for our state from the central budget. I was observing it. They have now named a programme after Mahatma Gandhi, after repealing the MGNREGA Act that was named after him,” he said.

Speaking to reporters here, the Deputy Chief Minister demanded the restoration of MGNREGA, and made it clear that the newly enacted rural employment scheme — VB-G RAM G — which proposes a 60:40 fund-sharing formula between the Centre and the states, would not be implemented in Karnataka.

“I don’t see any major share for our state in this budget,” he added.

Shivakumar, who also holds charge of Bengaluru development, said there were high expectations for the city from the Union Budget. “The Prime Minister calls Bengaluru a ‘global city’, but what has the Centre done for it?” he asked.

He also drew attention to the problems faced by sugar factories, particularly those in the cooperative sector, alleging a lack of timely decisions and support from the central government.

Noting that the Centre has the authority to fix the minimum support price (MSP) for agricultural produce, Shivakumar said the Union government must take concrete steps to protect farmers’ interests.

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