Duo dupe bank to avail Rs 2.25 cr loan

[email protected] (CD Network)
January 26, 2013

cash

Mangalore, Jan 26: A bank has lodged complaint against a duo who took a loan of Rs 2.25 crore producing fake documents.

Indian Bank, K S Rao Road branch Manager has filed a complaint against Narayan Shrma and Gopalkrishna Bhat for duping the bank.

The duo had shown the stocks at the go-down of Bharat Axim Company, located at Mysore Belagola Industrial Area as surety to avail loan of said amount.

However, when the Reserve Bank officials inspected the stock shown as surety, it was discovered that the stock belonged to M/S G V K Wood Company, which had no connection to the loan applicants. A case has been registered.

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News Network
May 19,2024

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In a heart-wrenching turn of events, the serene town of Banavasi in Sirsi taluk of Karnataka’s Uttara Kananda district, was struck by tragedy. A young boy lost his life after being struck by lightning on a fateful Saturday evening around 4p.m.

The victim, identified as 16-year-old Sajid Ashfaque Ali, was a bright tenth-grade student at Eden Way High School. Full of dreams and youthful energy, Sajid was enjoying an innocent game with his friends on the Jayanthi High School grounds when the unthinkable happened.

As ominous clouds gathered and rain began to pour, an unexpected bolt of lightning pierced the sky, striking Sajid. His friends watched in horror as he collapsed. Despite the desperate rush to get him to the hospital, Sajid's injuries proved fatal, and he passed away, leaving his family and community in shock and grief.

The rain that had started earlier that afternoon became a backdrop to this devastating incident, casting a pall over the Banavasi police station limits. Sajid’s body has been taken to the government hospital for a post-mortem examination, as the community grapples with the sudden and tragic loss of such a young life.

The tragic death of Sajid Ashfaque Ali is a poignant reminder of the unpredictability of nature and the fragile thread of life. His memory will linger in the hearts of those who knew and loved him, a young life taken too soon.

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News Network
May 19,2024

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Naturals Ice Cream founder Raghunandan Kamath passed away following a brief illness. Born to a mango vendor in a village in Mangaluru, Kamath went on to establish Naturals, an ice cream parlour estimated to be worth Rs 400 crore today. 

"Our thoughts on the sad demise of our patron and founder of Naturals Ice Cream, Late Raghunandan Kamath. Indeed a very sad and unfortunate day for us," the company said.

Mr Kamath grew up helping his father in selling mangoes in a village Karnataka's Mangaluru. This was when he learned the art of picking the ripe fruit, plucking it, sorting it, and preserving it.

As the legend goes, a young 14-year-old Kamath boarded a train from Mangaluru and came to Mumbai (then Bombay). 

After working at his brother’s restaurant, Kamath had an idea — if ice creams have fruit flavours, why can’t they have real fruits. He decided to fill this void in the market. But unsure of whether customers would come, he began his business with serving pav-bhaji as the main dish and the ice cream as an add on.

His first ice cream parlour was launched in 1984 in Juhu, with the initial menu featuring around 12 flavours, each being a testament to the knowledge he acquired during the time he assisted his father in Mangaluru.

The demand kept growing and he opened five more outlets in 1994. Currently, it has over 165 outlets across 15 cities.
 
His story was captured expansively in ‘Intelligent Fanatics of India’, a book co-authored by Mumbai-based journalist Pooja Bhula.

Inspired by his mother's techniques, Kamath also developed innovative machines to streamline production and ensure consistency, notes the company website.

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News Network
May 20,2024

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Mangaluru, May 20: In a heart-wrenching turn of events, a young man ended his life by stepping in front of a speeding train at Kolakadi railway gate near Mulky, following the tragic suicide of his beloved girlfriend. This sorrowful incident unfolded on Sunday casting a pall of grief over their families and the community.

The Victims of Love

The deceased, Kartik Poojary, a 20-year-old mechanic, had returned to his home in Molottu on Saturday after working in Chitradurga. Kartik lived with his mother and grandmother in Molottu, and had recently started working at a relative’s garage.

Kartik’s heart belonged to his collage mate Sharanya, 19, daughter of Harish Kotyan. Their love, blooming in their teenage years, faced the stern disapproval of their parents due to their young age. Although their parents had reluctantly agreed to their union through a legal bond to marry once they reached the appropriate age, fate took a cruel turn.

The Cruel Twist of Fate

In a sudden decision, Sharanya's parents withdrew her from college and sent her away to Moodbidri. Overwhelmed by despair and separation, Sharanya ended her life by hanging herself at home while her family was away on Friday. Her death was a blow too harsh for Kartik to bear.

A Grief Too Heavy to Bear

Kartik, shattered by the news of Sharanya’s death, hurried back to his home in Molottu on Saturday. The following morning, with his mother away in Kerala on urgent business, Kartik's grief culminated in his tragic decision. He walked to the railway tracks at Kolakadi and succumbed to his sorrow under the wheels of a passing train.

The Aftermath

The Mulky police, led by Inspector Vidyadhar, arrived at the scene and registered a case. The community is left mourning the untimely deaths of two young lives intertwined by love and separated by an unkind twist of fate.

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