K K Pai National Banking Award' for K V Kamath

[email protected] (Press Release)
June 26, 2012

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Udupi, June 26: Chairman of ICICI Bank K.V. Kamath has been selected for the K.K. Pai National Banking Award for 2012-13 in recognition of his outstanding contribution to banking development and his innovations in the field.

In a press release issued here on Monday, secretary of K.K. Pai Trust, Ammannaya, said that Mr. Kamath's name was unanimously recommended for the award by the awards panel constituted by the trust.

President of the trust T. Satish U. Pai, who chaired a meeting of the trustees, accepted the unanimous recommendation of the panel. The award presentation function is to be held in Manipal later this year.

Mr. Kamath, who completed his high school and pre-university education in Mangalore, did his B.E. at NITK-Surathkal and went on to do his M.B.A. at IIM-Ahmedabad.

Mr. Kamath started his career at the Industrial Credit and Investment Corporation of India. In 1988, he moved to the Asian Development Bank and put in years of service in South East Asia before returning to ICICI Bank as its managing director and CEO in 1996.

Under his leadership, the ICICI Group transformed itself into a diversified technology-driven financial services group that has leadership positions across banking, insurance and asset management in India and abroad.

Mr. Kamath was instrumental in implementing the concept of universal banking in India for the first time through ICICI Bank. He set the tone and standard for application of technology in banking for bettering customer service.

He retired as managing director and CEO in April 2009 and took up his present post as non-executive chairman of ICICI Bank.

Mr. Kamath joined the board of Infosys in May 2009 and took over as chairman of Infosys in August 2011.

He is the recipient of many awards such as 'Businessman of the Year' by Forbes Asia and 'Business Leader of the Year' by Economic Times in 2007 and CNBC's 'Asian Business Leader of the Year' in 2001. He received the Padma Bhushan in 2008.

He served as president of Confederation of Indian Industry (CII) in 2008-09. He is also a director of many institutions. He has been a co-chair of the World Economic Forum's annual meetings in Davos, the release added.

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News Network
December 2,2025

Mangaluru, Dec 2: Mangaluru International Airport responded to a medical emergency late on Monday night. Air India Express flight IX 522, travelling from Riyadh to Thiruvananthapuram, was diverted to Mangaluru Airport after a passenger in his late 30s experienced a medical emergency on board.

The Airport’s Operations Control Centre received an alert regarding the passenger’s health condition. The airport activated its emergency response protocol, mobilising the airport medical team and coordinating with stakeholders including CISF, immigration, and customs. 

Upon landing, airport medical personnel attended to the passenger, assessed his condition, and arranged to shift him to a local tertiary-care hospital for further treatment. The passenger’s relatives accompanied the passenger, who incidentally received necessary medical care on board, which helped stabilise the situation.

Following the handling of the emergency, the flight departed for Thiruvananthapuram at 2:05 am on Tuesday.

"We appreciate the cooperation of all parties involved, and this incident reaffirms our ongoing commitment to prioritising passenger safety and readiness to respond to unforeseen emergencies with professionalism and care," the Airport spokesperson said. 

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News Network
November 29,2025

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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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coastaldigest.com news network
December 2,2025

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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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