Phase III Malpe port project to be ready by 2014, says Kota

September 5, 2012

Udupi, September 5: The Minister for Port, Inland Water Transport and Muzrai Kota Srinivas Poojary said the third phase project of Malpe port built at the cost of Rs 37.15 crores will be completed by 2014.

Speaking to media persons on the sidelines of his visit to Malpe to assess the progress in the construction of the third phase Maple port, the minister said that the works aiding the 3rd phase construction of jetty is under progress.

When compared to Mangalore and other Uttara Kannada district ports, the construction work is rapidly progressing in Udupi. Around Rs 5.5 crores is released for dredging works. After the completion of the third phase construction at Malpe, the port will offer space for anchoring as many as 1,400 to 1,500 mechanised boats.

He said around Rs 57.6 crores have been allotted for the third phase construction works of Mangalore port. Following the completion of the third phase works, Mangalore port can house nearly 1,200 boats, he added.

The minister said the jetty construction works at Hejamadi Kodi is taken up at the cost of Rs 60 crores, of which state governments share is Rs 29 crores.

The Central has been approached for the remaining amount of money as the renovation of ports are taken up supported by joint funding of central and state government in the ratio 75:25 respectively.

About Rs 1.97 crores have been invested for dredging works at Hejamadi Kodi. However, there is a need for Rs 3.40 crores to complete the entire dredging process, he said.

He said he had visited the harbours in Mangalore and Udupi districts to inspect the progress in jetty construction and dredging works. He added he is also looking into local problems in the harbours.

He will try to find solutions by discussing the problems with the officials concerned. All the works taken up in the harbours across the coastal districts will be completed by 2014-15, he added. The minister paid visits to Kodi Kanyana, Kodi Bengre, Hangarukatte and Kodi as well.


Phase_III_Malpe


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News Network
February 4,2026

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An Indian resident who won the Dh20 million (approximately Rs 50 crore) jackpot in Abu Dhabi's Big Ticket draw has told of his joy at sharing his life-changing fortune with a friend.

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News Network
January 31,2026

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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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