I contributed 5 million dollars to country's economy; will bounce back: B R Shetty

News Network

March 1, 2021

For Abu Dhabi-based NMC billionaire BR Shetty, 2019 is looking up | Business – Gulf News

Udupi, Mar 2: NRI businessman B R Shetty on Monday blamed vested interests for his sudden fall from grace.

He also claimed to have been deceived by those whom he had trusted with his life. Shetty told mediapersons that an accountant, who was made the CEO of his company, had backstabbed him. Shetty said that he being ignorant about the developments led to the collapse of his financial empire.

But he refused to call his CEO an offender as the charges against him are yet to be proven. Besides, the case is in court and it will be unwise to pass any comments, he said. Shetty said that he is confident of overcoming current problems.

He also recollected how banks in the USA had declined to offer credit cards to Donald Trump, but Trump went on to become the US President.

"Nothing is permanent," he added. Shetty recollected that he was a poor man in Udupi and used to borrow money even to buy petrol for his motorbike. "I am paying back all my debts," Shetty said.

Though he lost properties in other countries, his assets in India are still safe, and there are many people who envy him for his popularity, he claimed.

Shetty denied on having met Prime Minister Narendra Modi and other BJP leaders. On being compared with Vijay Mallya and Nirav Modi, Shetty said the comparison is "meaningless". Meanwhile, Shetty promises to continue charity work, adding that he has donated half of his assets to Bill and Melinda Gates Foundation.

"I once contributed five million dollars to country's economy. So I will bounce back," he said.

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Udupi school girl Shagun Verma Hegde to lead India U-15 volleyball team in China

coastaldigest.com news network

December 2,2025

Udupi, Dec 2: A wave of regional pride is sweeping through Udupi district as Shagun S Verma Hegde, a talented Class 9 student from Christ King English Medium High School, Karkala, has been named the captain of the Indian National Team for the Under-15 Girls’ Volleyball Championship.

Shagun holds the unique distinction of being the sole player from Karnataka selected to represent the country in the prestigious international tournament. The championship, organized by the School Games Federation, is scheduled to take place in Shangluo, China, from December 3 to 13, where Shagun will lead the national squad.

A Remarkable Journey to the Top

Shagun’s selection is a testament to her dedication and exceptional skill on the court. Her journey included several rigorous rounds of selection:

• She was the only player from Udupi district to qualify for the state-level selection camp.

• Out of eight players from Karnataka who advanced to the national selection camp in Pune, Maharashtra, Shagun was the only one to secure a place in the final national squad.

• The national camp saw participation from approximately 200 players, which was shortlisted to 23. Shagun not only made the final cut but was also ranked as the second-best player overall, solidifying her leadership role.

Shagun, who is the daughter of Sandesh Verma and Shruthiraj of Kallotte, Karkala, has trained under experienced coaches Santosh D’Souza, Jeevan D’Silva, Jairaj Poojary, and Ramesh. Her selection as the team captain has brought profound honour to her family, school, the Udupi district, and the entire state of Karnataka.

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