Media mogul Rajeev Chandrasekhar is BJP’s sole candidate from Karnataka for RS polls

coastaldigest.com news network
March 12, 2018

Two-time Independent member of the Rajya Sabha and media entrepreneur Rajeev Chandrasekhar has been announced as Bharatiya Janata Party’s sole candidate from Karnataka for March 23 biennial polls to the upper house.

Mr. Chandrasekhar won twice in 2006 and 2012, both times taking additional votes from BJP and JD(S). In 2006, he won against Kannada writer U.R. Ananthamurthy.

Active in Bengaluru’s civic activist space, he was associated with the BJP earlier too. He was made chairman of ABIDe, a think tank for Bengaluru by B.S. Yeddyurappa during his tenure. Currently he is the vice chairman of BJP-led NDA Kerala state unit

He is the founder and chairman of Jupiter Capital Pvt. Ltd, a financial services and investment company. One of Jupiter Capital's portfolio companies' AsiaNet News is also the main and largest investor of Rs 30 crore (US$4.6 million) for Republic TV.

Rajeev was born in Ahmedabad, Gujarat to Air Commodore M. K. Chandrasekhar of the Indian Air Force, and Mrs. Valli Chandrasekhar.

He studied various schools across India, and studied electrical engineering at Manipal Institute of Technology. He completed Masters in Computer Science in 1988 from Illinois Institute of Technology, Chicago. He then completed the Advanced Management Program at Harvard Business School.

In 1981, Rajeev briefly worked for Softech, a start-up IT firm. After handpicked by Vinod Dham, Rajeev worked for Intel Corporation in the United States between 1985 and 1991 as Senior Design Engineer of the team that designed and launched 32 bit 80486 microprocessor and CPU architect in the team that designed the path breaking Pentium microprocessor.

In 1994, Rajeev founded BPL Mobile. In July 2005, he sold his 64 percent stake in BPL Communications to Essar Group for US$1.1 billion.

Rajeev founded Jupiter Capital in 2005, with an initial investment of US$100 million, and currently has investments and managed assets of over US$800 million in technology, media, hospitality, and entertainment. Jupiter Entertainment Ventures Private Limited owns and operates media companies including Asianet News, Kannada Prabha and Suvarna News 24x7 and Republic TV run by Arnab Goswami. The company also owns radio brands Best FM and Radio Indigo.

Rajeev recognizes he is a Member of Parliament who also earns his income from business investments. He has put all his communication to Governments past and present on his website. For purpose of clarity, all investee companies have their Boards, Chairpersons, and Managements who are responsible for these companies, and neither Jupiter Capital nor Rajeev is responsible in any way for these companies or their operations.

In April 2013, he was awarded an honorary doctorate by Visvesvaraya Technological University, Belgaum, for his work as an entrepreneur.

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News Network
December 4,2025

Udupi: A 40-year-old NRI from Udupi has reportedly lost more than Rs 12.25 lakh in an online investment scam operated through Telegram.

According to a complaint filed at the CEN police station, Leo Jerome Mendonsa, who has been working in Dubai for the past 15 years in computer accessories sales, maintains NRI accounts in Karkala and Nitte.

On November 12, 2025, Mendonsa was added to a Telegram group called Instaflow Earnings by unknown individuals. Users identified as Priya and Dipannita persuaded him to invest in “Revenue Tasks.” Initially, Mendonsa transferred Rs 1,100 multiple times and received the promised returns, encouraging him to continue.

On November 14, another user, Nishmitha Shetty, directed him to register on a website, digitvisionuoce.cc, and invest Rs 4 lakh in various shares. Over the next few days, he made multiple transfers totaling Rs 12,25,000, including Rs 50,000 via Google Pay, believing the scheme was legitimate.

After receiving the money, the alleged handlers stopped responding, and neither the invested amount nor the promised profits were returned.

The CEN police have registered a case under Sections 66(C) and 66(D) of the IT Act and Section 318(4) of the Bharatiya Nyaya Sanhita (BNS), and investigations are ongoing.

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News Network
November 29,2025

DKSsiddu.jpg

New Delhi: Karnataka chief minister Siddaramaiah and deputy CM DK Shivakumar on Saturday put up a dramatic display of unity at a closely watched joint press briefing, firmly dismissing weeks of speculation about a power-sharing tussle within the Congress. With the high command nudging both leaders to sit together and settle the dust, the meeting became a political spectacle, ending with the duo declaring that there was “no confusion, no differences.”

Calling the reports of a rift “manufactured confusion,” Siddaramaiah said the talks had gone smoothly, even joking about their breakfast. “Breakfast was very good. All three of us enjoyed it,” he said. “We want to end this confusion once and for all. For local elections and for 2028, our mission is clear — Congress must return to power. There is no difference between me and DKS, not now, not before.”

He blamed the media for fuelling rumours and reiterated absolute adherence to the party leadership. “From tomorrow, let there be no confusion. What the high command says, we will follow.”

Siddaramaiah also assured that the Assembly session starting December 8 would run smoothly and vowed that Congress would take on the BJP and JD(S) “together.”

Shivakumar echoed the chief minister word for word, stressing loyalty and discipline. “People have given us a massive mandate. It is our duty to deliver,” he said. “This government was formed under Siddaramaiah’s leadership. We both have complete trust in the high command. If they tell me to wait, I will wait.”

He added that the two leaders had discussed strategy for the 2028 Assembly elections. “Whatever the CM says, I agree. We are loyal soldiers of the party. The party may be facing challenges nationally, but we will keep it strong in Karnataka.”

Shivakumar also said Siddaramaiah would soon visit his home for lunch or dinner — another symbolic gesture meant to underline their unity.

Both leaders later posted on social media describing the breakfast meeting as “productive” and focused on “Karnataka’s priorities.”

The BJP, however, rejected the show of camaraderie as “pure bunkum,” accusing Congress of trying to paper over an internal power struggle. But Siddaramaiah and Shivakumar insisted their united front would continue — and that there was “no confusion” within the state leadership.

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News Network
December 2,2025

Puttur: The long-cherished dream of a government medical college in Puttur has moved a decisive step closer to reality, with the Karnataka State Finance Department granting its official approval for the construction of a new 300-bed hospital.

Puttur MLA Ashok Kumar Rai announced the crucial development to reporters on Monday, confirming that the official communication from the finance department was issued on November 27. This 300-bed facility is intended to be the cornerstone for the establishment of the government medical college, a project announced in the state budget.

Fast-Track Implementation

The MLA outlined an aggressive timeline for the project:

•    A Detailed Project Report (DPR) for the hospital is expected to be ready within 45 days.

•    The tender process for the construction will be completed within two months.

Following the completion of the tender process, Chief Minister Siddaramaiah is scheduled to lay the foundation stone for the project.

"Setting up a medical college in Puttur is a historical decision by the Congress government in Karnataka," Rai stated. The project has an estimated budget allocation of Rs 1,000 crore for the medical college.

Focus on Medical Education Department

The MLA highlighted a key strategic move: requesting the government to implement the hospital construction through the Medical Education Department instead of the Health and Family Welfare Department. This is intended to streamline the entire process of establishing the full medical college, ensuring the facilities—including labs, operation theatres, and other necessary infrastructure—adhere to the strict guidelines set by the Medical Council of India (MCI). The proposed site for the project is in Bannur.

Rai also took the opportunity to address political criticism, stating that the government has fulfilled its promise despite "apprehensions" and "mocking and criticising" from opposition parties who had failed to take similar initiatives when they were in power. "Chief Minister Siddaramaiah has kept his word," he added.

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