Laxmi Gold Palace launched in Mangalore

[email protected] (CD Network, Photos by Ahmed Anwar )
August 26, 2012

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Mangalore, August 26: The new branch of Lakshmi Gold Palace, a unit of Lakshmi Gold Khazana Pvt Ltd, was launched on Saturday at K S Rao Road, Mangalore.

Inaugurating the outlet, Rajya Sabha member Oscar Fernandes congratulated the proprietor of Lakshmi Gold Palace K P Nanjundi, who is also president of Vishwakarma Samaj.

He said that with launching new outlet in coastal city of Lakshmi Gold Palace also created many job opportunities for the youth.

Deputy Speaker of Karnataka Legislative Assembly N Yogish Bhat, Mangalore MLA U T Khader, Mulki-Moodbidri MLA Abhayachandra Jain, Mangalore North MLA Krishna Palemar, Former MP Vinay Kumar Sorake, Corporation bank chairman Ajaykumar and businessman Ganesh Shetty were present among others.

Earlier, K P Nanjundi, informed that it was the fifth branch of the company. In six years, 18 branches will be set up in the State in places like Hubli, Mysore, Mandya, Belgaum, Dharwad, Gadag and Hassan. Two branches in Domlur (Bangalore) and Dharwad are already in the stage of construction and will be ready by December. Over 600 crores of revenue is generated per annum, he said.

He said that he would offer customers in Mangalore Rs. 60 discount per gram of gold. “I will offer lesser rates than the ones that are currently being offered in the existing shops. My only aim is to make it easier for the middle and lower class people to acquire Hallmarked jewellery,” he said.

According to Mr. Nanjundi, the new branch will have three sections – Lakshmi Gold Palace, Silk Palace and Gold Loan. It will be inaugurated by Oscar Fernandes, Rajya Sabha MP, at 12 p.m. at No. 1507/1, K.S. Rao Road, Kodialbail, Mangalore. Dr. G. Parameshwar, President of Karnataka Pradesh Congress Committee, will be the chief guest on the occasion.

There will be around 15,000 sarees on display in the Silk saree section, and gold loans will be provided at 1.25 – 1.75 per cent rate of interest. There is also a facility for customers to have their gold weighed and evaluated, he said.

All employees including the Chief Manager of the branch are from Mangalore, he added.

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News Network
May 26,2024

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In a tragic road accident, six members of a family died on the spot after their car jumped the median and hit a truck coming from the opposite direction in Eechanahalli village near Hassan town on Sunday.

The incident took place around 5.45 am on Sunday when the family was returning from Mangaluru. The deceased have been identified as Sunand, 40, Narayanaswamy, 50, Nethra, 25, Ravi Kumar, 30, Chethan, 7, and Gunashekar, 28. All of the deceased were residents of Devanahalli, Bengaluru Rural district.

According to police sources, the family had hired a Toyota Etios car and had visited Mangaluru for medical purposes. Gunashekar was driving the car.

A cop said, “We suspect Gunashekar’s drowsiness may have led to the accident. The car hit the road median and jumped to the other lane. It crashed into a container truck coming from the opposite direction. Going by the impact of the accident, it seems that the car was being driven at a high speed.”

The bodies were shifted to Hassan Institute Of Medical Sciences (HIMS). The Hassan traffic police have registered a case under Sections 279 (driving in a negligent manner endangering human life) and 304 (a) (death of any person by doing any rash or negligent act not amounting to culpable homicide) of the Indian Penal Code.
 
Additional Director General of Police (Traffic and Road Safety) Alok Kumar posted on X, “In last 24 hrs 51 lives lost in road accidents in Karnataka, one of the highest toll in recent past. Many of these caused due to rash & reckless driving. Road safety needs responsible behaviour from all the stakeholders.”

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News Network
May 22,2024

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Udupi: A teenage boy, identified as Nithin, ended his life by suicide after reportedly being humiliated by the head teacher of his school. The incident occurred two days ago, and the police have yet to take action against the accused.

Nithin, 16, a resident of Shiroor in Byndoor, had gone to his government high school on May 18 to collect his Transfer Certificate (TC) after completing his SSLC. However, not only was his request for the TC denied, but he was also allegedly insulted by the head teacher.

On May 20, Nithin informed his father, Nagaraj, about his intention to visit the school to collect the TC. Tragically, between 12 noon and 12:30 pm, when no one was at home, Nithin hanged himself. In his death note, he accused the head teacher of insulting him and refusing to issue the TC, which led to his decision to end his life.

A case has been registered by the Byndoor police under Section 306 (abetment to suicide) of the IPC. Nithin's family members staged a protest in front of the Byndoor police station on Tuesday, demanding the arrest of those responsible for his suicide.

DySP of Kundapura Belliappa, probationary IPS officer Dr. Harsha Priyamvada, and Byndoor CI Savitra Tez held discussions with the public, assuring them that investigations are underway and that the case is being taken seriously. They promised that a suitable report would be published within a week following further investigation and interrogation. They also assured that stringent action would be taken against the culprits if sufficient evidence is found.

Village elders, social leaders, and locals provided support to Nithin's grieving family. His mortal remains were later taken home for the final rites.

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News Network
June 2,2024

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Melkar Women’s PU College, Marnabail, Dakshina Kannada, has been conferred with ‘Excellence Award’ by Muslim Educational Institutions Federation (MEIF) for achieving cent per cent result in 2nd PUC arts, commerce and science streams in the academic year of 2023-24. 

S M Rashid Haji, chairman of Mangalore Education Enhancement Trust (MEET) received the award on behalf of the management committee of the college during recently held MEIF annual conference in Mangaluru. 

Mohammed Farhaad, Pro Chancellor of the Yenepoya (deemed to be) University, Nisar Ahmed, Chancellor of Presidency University, Syed Mohamed Beary, Chairman of Bearys Group of Institutions, Musabba Beary, chairman of MEIF, Iqbal Ahmed, Umar Teekay and B M Mumtaz Ali were present. 

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