Indian origin-billionaire, founder of Dubai’s Landmark Group Micky Jagtiani no more

News Network
May 26, 2023

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Dubai-based billionaire businessman Micky Jagtiani, who founded retail giant Landmark Group, has passed away. The chairman and owner of the group was 70 years old.

With a net worth of $5.2 billion, he was ranked 511 on the Forbes' 37th annual world billionaires list earlier this year. 

Jagtiani was originally from India and started the business in 1973 with one store in Bahrain. He then expanded the business across the west Asia, Africa and India. According to Forbes, Jagtiani drove a taxi in London before moving to Bahrain and starting a baby products shop.

Currently, his wife Renuka runs the Landmark Group as chairman and chief executive officer (CEO).

His three children are directors in the group, overseeing different aspects of the business.

The Landmark Group also entered India in 1999 and has a range of retail brands like Lifestyle and Max for clothes and Home Center for furniture and home furnishings.

The Dubai-headquartered group also operates brands Babyshop, Centrepoint, Home Centre, Lifestyle, Splash, Shoemart and Emax.

"Today Dubai lost a man who was a key player in the retail and real estate industry. Micky Jagtiani the founder of land mark group has passed away," tweeted Emirati businessman Majid Saif Al Ghurair.

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News Network
June 12,2024

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Notorious gangster Jayesh Poojary, who had been brought to a court in Belagavi connection with the cases pending against him, allegedly raised 'Pakistan Zindabad' slogans in the court premises, resulting in people and advocates, assembled there, roughing him up on Wednesday.

Police personnel present there secured Poojary and brought him to the APMC police station.

Poojary, a native of Dakshin Kannada, has been housed at Central Prison, Hindalga in Belagavi. He had earlier made threatening calls to the office of Union Transport Minister Nitin Gadkari and had demanded ransom.

Nagpur police had taken him into their custody for investigations.

He was brought to court here on Wednesday in connection with a pending case when the incident took place.

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News Network
June 14,2024

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An uneasy silence hung over the import cargo terminal of the Kochi airport on Friday morning as authorities made arrangements to receive the bodies Indians who lost their lives in a tragic building fire in Kuwait two days ago. Ambulances were stationed at the terminal to carry the victims' bodies to their homes.

The special flight carrying the bodies of 23 Keralites, seven Tamil Nadu natives, and one Karnataka resident is expected to reach the Cochin International Airport around 10.30 am, Deputy Inspector General, Ernakulam Range, Putta Vimaladitya told the media.

The mortal remains will be received in Kochi by their respective state governments and taken to their homes. The flight will then leave for Delhi with the bodies of the victims from other states.

The blaze in the seven-storey building that housed 196 migrant workers in Mangaf, south of Kuwait City, on Wednesday killed 49 people and injured around 50 others. A preliminary probe has indicated glaring lapses – there were around two dozen gas cylinders on the ground floor of the building; inflammable materials were used as partitions to separate the workers in the cramped rooms; the doors to the rooftop were locked, etc.

24 of the Indian victims are from Kerala, 7 from Tamil Nadu, 4 from Uttar Pradesh, 3 from Andhra Pradesh and 2 each from Bihar and Odisha. The victims also include 1 person each from Jharkhand, Karnataka, Maharashtra, Punjab and West Bengal.

The Karnataka man who died in mishap has been identified as Vijaykumar Prasanna from Alanda in Kalaburgi district.

Out of 24 Keralites who lost their lives, 23 have been identified. Of these, five are from Pathanamthitta district, four from Kollam, three each from Kottayam and Kannur, two each from Thiruvananthapuram, Kasaragod and Malappuram and one each from Alappuzha and Thrissur districts.

Some of the bodies that are yet to be identified will be subjected to DNA test and the process will take two weeks to complete, said NORKA Principal Secretary Dr K Vasuki.

She said the immediate priority is to bring back the bodies, for which the Union government has arranged a special aircraft.

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News Network
June 12,2024

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At least 30 workers were among dozens killed in a massive fire that broke out in a building housing workers in the city of Mangaf in southern Kuwait early Wednesday. According to the Health Ministry, the blaze also injured nearly 50 workers.

In a post on X, Prime Minister Narendra Modi offered condolences to the families of those killed in the fire. "The fire mishap in Kuwait City is saddening. My thoughts are with all those who have lost their near and dear ones. I pray that the injured recover at the earliest. The Indian Embassy in Kuwait is closely monitoring the situation and working with the authorities there to assist the affected," he said.

Condoling the deaths, External Affairs Minister S Jaishankar said he was "deeply shocked" and that the Indian ambassador had gone to the camp.

"Deeply shocked by the news of the fire incident in Kuwait City. There are reportedly over 40 deaths and over 50 have been hospitalised. Our Ambassador has gone to the camp. We are awaiting further information," he said in a post on X.

Jaishankar further expressed condolences to the victims' families and wished the injured people early and full recovery.

Meanwhile, the Indian ambassador in Kuwait Adarsh Swaika met a number of injured workers and assured them of full assistance from the Embassy, the Indian embassy in Kuwait posted on X.

The Indian embassy has also put out an emergency helpline number and has people to connect over the helpline for updates.

"In connection with the tragic fire accident involving Indian workers today, Embassy has put in place an emergency helpline number: +965-65505246. All concerned are requested to connect over this helpline for updates. Embassy remains committed to render all possible assistance," the Indian embassy in Kuwait posted on X.

Action against owner

The building, which accommodates over 195 labourers from the nearby commercial area, housed people from Kerala, Tamil Nadu and North India. The building belongs to NBTC group owned by Malayali businessman KG Abraham. Employees at NBTC's supermarket also lived in the building.

Kuwait Deputy Prime Minister Fahad Yusuf Al-Sabah visited the site and ordered a police inquiry in the matter. He has instructed the police to detain the owner of the building, its janitor, and the employer of the workers living there until the conclusion of the criminal investigation into the fire. 

He has also directed the Kuwait Municipality and the Public Authority for Manpower to take immediate action to address similar violations, where a large number of workers are crowded into residential buildings. 

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