Nilekani, wife declare assets worth Rs 7,700 crore

March 20, 2014

Bangalore, Mar 20: Making his wealth public a day before stepping into the fray, Infosys co-founder and Congress candidate from Bangalore South, Nandan Nilekani has declared that he and his wife Rohini Nilekani have assets worth Rs 7,700 crore.

"I started out with 200 rupees in my pocket, when I graduated from IIT; ...we founded Infosys with Rs 10,000," Nilekani's media team, quoting him, said.

Nandan_Nilekani
"Today, because of the success of a company built from scratch, Nandan and Rohini have assets of Rs 7,700 crore," a release issued by the media team said. His formidable opponent and five-time Lok Sabha member from Bangalore South, Ananth Kumar of BJP has declared himself poorer than his wife Tejaswani.

In an affidavit filed yesterday, Kumar has declared his total assets stands at Rs 51.12 lakh, while Tejaswani owns assets worth of Rs 3.86 crore. Total assets owned by the family is Rs 4.4 crore.

Chief architect of UPA'S flagship "Aadhar" scheme, Nilekani took the political plunge on March 9, when he joined Congress, a day after the party named him as its candidate from Bangalore South.

Bangalore South has been a hostile terrain for Congress which had been tasting defeat since the late 1970s, barring in 1989 when former Chief Minister late R Gundu Rao had won.

Nilekani said, "Most of our wealth, almost 80 per cent remains in Infosys shares; ...This wealth was created while Infosys brought lakhs of jobs to Bengaluru. The company also shared a lot of wealth with our employees through ESOPs (employee stock ownership plan)."He said he still owns 1.45 per cent, and Rohini 1.3 per cent of Infosys.

Saying he is proud of the fact that his wealth is completely transparent, he said, "I haven't made any of my money illegally, or hid it in investments outside the country.""Nothing is hidden in someone else's bank account. It is all completely transparent, and tax-paid," he added.

Since 1999, both are said to have donated almost Rs 400 crore of their wealth to various causes and charities.

"I have worked in the social sector for more than 15 years now...and when I came into some money through the sale of Infosys shares, I was able to spend more on my philanthropy," Rohini Nilekani said.

Nilekani and Rohini have prioritised their philanthropy into areas like water, governance, education.

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May 12,2024

Mangaluru, May 12: In a shocking development, a group of pilgrims which had travelled from Mangaluru International Airport to Saudi Arabia earlier this month, to perform Umrah has alleged that 26,432 Saudi Riyals, which were kept in a bag, have been stolen. 

In a complaint submitted to the Bajpe Police, Soukath Banu, wife of Ahmed Iqbal of Ajyad Tours and Travels, said that her husband, Ahmed Iqbal, along with 35 members, planned and scheduled to perform the Umrah and were travelling from Mangaluru International Airport (MIA) via Mumbai to Jeddah. 

Soukath Banu had given Ahmed Iqbal 2,000 Saudi Riyals for performing Umrah and other expenses. The group members were also told to bring Saudi Riyals to meet their expenses.

In her plaint, Soukath stated that the group had left for Jeddah on an IndiGo flight via Mumbai, and their return ticket to India was booked for May 13. 

At the airport, she said that 26,432 Saudi Riyals were collected in total, and they decided to keep them in baggage that had a lock. Accordingly, it was kept in the bag of Mohammad Badruddin Kadambar. The airport staff had even questioned what he had kept in the bag. 

The group reached Jeddah on May 1. To their surprise, Kadambar found that the baggage lock was broken open, the zip was damaged, and cash was stolen upon reaching Jeddah.

DCP (Law and Order) Sidharth Goyal said that following the complaint, one round of CCTV checks was conducted at the MIA along with the CISF personnel. The loading at the MIA was intact.

Further checks have to be carried out at Mumbai and Jeddah Airport as the victim found out that cash was missing only when they got the bag at the final destination, he added.

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May 8,2024

Mangaluru: The Mangaluru North police have apprehended a minor in connection with alleged voyeurism incident reported in a private medical college in Mangaluru. 

DCP (Law and order) Sidharth Goyal said that the minor was produced before JJ Board as per due procedure. The incident came to light when a mobile phone was found in women's washroom in the college. 

The mobile-phone was discovered as it was ringing even when no one was in the toilet by the security guard of the college. 

Investigations revealed that the mobile phone had been strategically placed in the restroom. As a result, a case has been registered under north police station.

Further scrutiny into the matter uncovered the identity of the accused, a minor male aged 17, who had gained access to the college premises under the guise of being a patient. Following his apprehension, the accused was presented before the Juvenile Justice (JJ) Board in adherence to legal protocols.

The phone has been seized and a case has been booked under IPC section 354 (C), said the DCP.

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May 2,2024

hajjmangalore.jpg

Mangaluru: This year too, the Mangaluru International Airport has missed being designated as an embarkation point for the annual hajj pilgrimage. 

According to the Haj Committee of India, not many are choosing Mangaluru as an embarkation point. Last year, although Mangaluru was notified as one of the embarkation points, the Union government removed it from the list at the last minute.

Several associations and organisations submitted memorandums to the Haj Committee of India, requesting the reinstatement of Mangaluru as one of the embarkation points, but their efforts have not materialised this year either.

The use of Mangaluru Airport as an embarkation point for the haj began in 2010. In 2019, 1,400 haj pilgrims flew from MIA to Saudi Arabia.

“When the number is less, it is difficult to consider it. It was the same issue as last year,” reacted AP Abdullakutty, chairman of the Haj Committee of India.
Mangaluru as an embarkation point served people from undivided Dakshina Kannada, Kodagu, Shivamogga, Uttara Kannada, and Chikkamagaluru districts.
Last year, the Muslim Central Committee of Dakshina Kannada and Udupi districts submitted a memorandum to Abdullakutty. They expressed their disappointment with Abdullakutty and stated that Mangaluru had a good number of applicants ever since it was identified as an embarkation point. 
Now, they have to travel to Bengaluru. 

UT Khader, speaker of the Karnataka legislative assembly, pointed out that several Union ministries are involved in the process of designating embarkation points for the haj.

“We are not sure why MIA as an embarkation point was removed. Is it because of fewer applications, or are airlines not willing to bid for MIA as an embarkation point? Is it only an issue with MIA as an embarkation point, or are there other airports in the country facing similar issues? We will try to find out and seek answers. Meanwhile, we will also start working at the earliest so that MIA is considered as an embarkation point for hajj next year,” said Khader.

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