Reserve Bank Cancels Licence of Belgaum Catholic Co-operative Bank
8:01 AM Posted by ukmad
In view of the fact that the Belgaum Catholic Co-operative Bank Ltd., Belgaum had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on August 03, 2010. The Registrar of Co-operative Societies, Karnataka has also been requested to issue an order for winding up of the bank and appoint a Liquidator for the bank. It may be highlighted that on liquidation every depositor is entitled to repayment of his deposits up to a monetary ceiling of Rs.1,00,000/- from the Deposit Insurance and Credit Guarantee Corporation (DICGC).
The bank was granted licence by Reserve Bank of India on December 23, 1986 to commence banking business. The statutory inspection conducted by Reserve Bank with reference to its financial position as on March 31, 2005 revealed several disquieting features in the functioning of the bank. The bank was classified as Grade IV and was placed under operational instructions banning accepting of fresh deposits and premature withdrawal of term deposits, etc. The next inspection conducted with reference to position as on March 31, 2006 revealed that the financial position continued to deteriorate and the operational instruction issued were continued.
Consequent on cancellation of its licence, Belgaum Catholic Co-operative Bank Ltd., Belgaum, (Karnataka) is prohibited from carrying on 'banking business' as defined in Section 5(b) of the Banking Regulation Act, 1949(AACS) including acceptance and repayment of deposits.
The bank was granted licence by Reserve Bank of India on December 23, 1986 to commence banking business. The statutory inspection conducted by Reserve Bank with reference to its financial position as on March 31, 2005 revealed several disquieting features in the functioning of the bank. The bank was classified as Grade IV and was placed under operational instructions banning accepting of fresh deposits and premature withdrawal of term deposits, etc. The next inspection conducted with reference to position as on March 31, 2006 revealed that the financial position continued to deteriorate and the operational instruction issued were continued.
Consequent on cancellation of its licence, Belgaum Catholic Co-operative Bank Ltd., Belgaum, (Karnataka) is prohibited from carrying on 'banking business' as defined in Section 5(b) of the Banking Regulation Act, 1949(AACS) including acceptance and repayment of deposits.
Movies as on 06-08-2010
7:47 AM Posted by ukmad
Theater | Movie | Timings |
Big Cinemas | Once upon a time in Mumbai | 1015,3.45,9.45pm |
Aisha | 10,12.30,3.30,6.30,9.30 | |
Inception | 12.45,6.45 | |
Inox Chandan | Once upon a time in Mumbai | 12.45,3.45,6.45,9.30pm |
Inception (ENG) | 10,1.15,6.45,9.30 | |
Aisha | 10,12.4,3.15,4,6.15,9.15 | |
Nirmal | Hendtira Darbar (K) | 12.15pm,3.15,6.15,9.15 |
Huns | Maleyali Joteyalli (K) | 12,3,6,9 |
Arun | Closed for Renovation | |
Roopali | Yerdana Maduve(K) | 12,3,6,9 |
Balkrishna | Inception(H) | 12.303.30,6.30,9.30 |
Chitra | Golimaar (T) | 12.15,3.15,6.15,9.15 |
Swaroop | Once upon a time in Mumbai | 12.15,3.15,6.15,9.15 |
Hira | Aisha | 12.15,3.15,6.15,9.15 |
Prakash | Gandede (K) | 12,3,6,9 |
Nartaki | Khatta Meetha | 12,3,6 |
Platform Film made by Belgaumite Veena Lokur. Leading role by Sai Lokur. | 9.15pm | |
Santosh | Matte Mungaru (K) | 12.15,3.15,6.15,9.15 |
Globe | 12.15,1.45,3.45,6.45 | |
Kindly check the exact timings with the theaters |
The Little Town with a Large Heart
11:04 AM Posted by ukmad
For the past few years and few days to be very specific, Belgaum has been in the news for all the wrong reasons.
This was not always so.
There was an earlier period when Belgaum was frequently in the news for all the right reasons.
For a hundred years, from the Kittur uprising of 1824 to the 39th Session of the Indian National Congress of 1924, Belgaum featured in the national news for its role as a catalyst to the freedom struggle.
We now propose to harness some of the positive energy of this earlier epoch to bring to the people of Belgaum a type of development that they rightfully deserve.
To understand this ‘birthright’ of the Belgaum people it may be necessary to cast a brief backward glance at history.
The Age of Imperialism was brought to its close not by a single blow delivered by a towering figure, but by a series of small blows delivered to the body of the far flung Empire. It was akin to the numerous small tears that the hull of the ‘Titanic’ suffered in its collision with the iceberg – the tears that collectively sunk the ‘unsinkable’ ship.
One of the first blows delivered to the ‘invincible’ British Empire was in Kittur, near Belgaum in 1824.
Raising the banner of self-rule, Rani Chanamma resorted to direct action and eventually killed several English Officers including the then Collector, Mr. Thackeray and the Assistant Collector, Mr. Munro. The reverberation of this rebellion were felt throughout Belgaum District which began to propel the people here powerfully to seek freedom.
In 1857, one person by the name of Munshi serving in the British Army, began to galvanize Sepoys stationed in Belgaum Fort, but the rebellion was stubbed out and five of the rebels were hung and five others sentenced to life imprisonment. Subsequently one Manipal Singh was arrested on 23rd August 1857 for stirring up a rebellion against the British and hanged. Bhaskar Rao ‘Babasaheb’ Nargundkar, the famous revolutionary, was taken from Belgaum Fort to Haystacks Hill outside the city and hanged in public on 16th June 1858.
Before founding the Indian National Congress in 1885, Allen Hume visited Belgaum in 1883 and met the intelligentsia here, prominent amongst whom were the lawyers Vishnupant Natu and Bhate.
By Nitin Khot
Contd......
From the 8th of August until 15th of August some never before seen pictures of a great event in history will be showcased, so dont miss that.
This was not always so.
There was an earlier period when Belgaum was frequently in the news for all the right reasons.
For a hundred years, from the Kittur uprising of 1824 to the 39th Session of the Indian National Congress of 1924, Belgaum featured in the national news for its role as a catalyst to the freedom struggle.
We now propose to harness some of the positive energy of this earlier epoch to bring to the people of Belgaum a type of development that they rightfully deserve.
To understand this ‘birthright’ of the Belgaum people it may be necessary to cast a brief backward glance at history.
The Age of Imperialism was brought to its close not by a single blow delivered by a towering figure, but by a series of small blows delivered to the body of the far flung Empire. It was akin to the numerous small tears that the hull of the ‘Titanic’ suffered in its collision with the iceberg – the tears that collectively sunk the ‘unsinkable’ ship.
One of the first blows delivered to the ‘invincible’ British Empire was in Kittur, near Belgaum in 1824.
Raising the banner of self-rule, Rani Chanamma resorted to direct action and eventually killed several English Officers including the then Collector, Mr. Thackeray and the Assistant Collector, Mr. Munro. The reverberation of this rebellion were felt throughout Belgaum District which began to propel the people here powerfully to seek freedom.
In 1857, one person by the name of Munshi serving in the British Army, began to galvanize Sepoys stationed in Belgaum Fort, but the rebellion was stubbed out and five of the rebels were hung and five others sentenced to life imprisonment. Subsequently one Manipal Singh was arrested on 23rd August 1857 for stirring up a rebellion against the British and hanged. Bhaskar Rao ‘Babasaheb’ Nargundkar, the famous revolutionary, was taken from Belgaum Fort to Haystacks Hill outside the city and hanged in public on 16th June 1858.
Before founding the Indian National Congress in 1885, Allen Hume visited Belgaum in 1883 and met the intelligentsia here, prominent amongst whom were the lawyers Vishnupant Natu and Bhate.
By Nitin Khot
Contd......
From the 8th of August until 15th of August some never before seen pictures of a great event in history will be showcased, so dont miss that.
Give aways continue
10:35 AM Posted by ukmad
This month marks the completion of THREE YEARs of AllAboutBelgaum.com
And what 3 years it have been! Looking back at the Three years only gives us confidence to look forward with renewed energy and motivation.
The triple “S” – Strong Support System that we have been blessed with by way of YOU, the readers humbles us greatly.
Needless to say, yet so very essential for us to mention here is that unparalleled support we have received from our designing team Leadingminds, ITBelgaum, our advertisers and so many others who helped us getting photos, news bites and so on.
So here is the Second Give away for you readers:
http://allaboutbelgaum.com/news/give-aways-continue/
Adam Realty partners bring World class flats and bungalows to Belgaum
6:45 PM Posted by ukmad
With the global economy booming and the luxury becoming necessities, the real estate market has seen a boom in major cities of the world and India as well.
After a slow down in the US and also a saturation in the metros, the developers from these places began eying the tier II and tier III cities.
One among them is Adam Realty partners, a Mumbai based developer which was envisaged by Raj Bhandari who has a 26 year veteran in real estate in USA and India.
Th Adam team brings extensive experience in real estate development, master planning, construction, project management including with some of the leading companies in USA, Europe and India.
The Adam team is building a gated community at Nanawadi on 12 acres. The community will have nearly 200 bungalows, sky villas and apartments. This will also consist of a 12000 sqft. Club house with swimming pool, 4000 sqft. Gymnasium, game rooms, business center, guests rooms and more.
This community will have some world class amenities the Firsts in Belgaum city. Acres of landscaped land with walking paths and play grounds and lush greenery in the surroundings.
BellaVista which in Spanish means “beautiful sight”. The current project site atNanawadi, which is near to the city and yet clean & green is a correct representation of BellaVista.
All the homes are Vastu complaint and will have some never before seen features like island kitchen, 24x7 full power backup and security.
The Belgaum Project is carried on with association with Vega and B.K.Joshi is the architect.
Casa Bella – a Beautiful independent bungalow with a option of 3 & 4 bedroom layout from 2655 to 2836 sqft area.
Casa Grande – a Large bungalows with custom design with 4000 sqft and above area.
Sky Villa – This is first in Belgaum with One villa per floor with private elevators and entrance and one can have beautiful views from all sides.
Sky Villa Duo – This will have twin tower with one villa per floor for upto 3 bed rooms with private elevators and entrance to each villa.
Venetia- are duplex row houses with about 1800 sqft, a cosmopolitan style house.
Bella Torre- Apartments with 2/3 BHK but No common wall between apartment and large open views.
The construction on the project has commenced and Mr.Glen Bond is on the site as the Chief quality engineer who has 37 years of experience in home building and has all USA based licenses in all areas of home constructing.
All the construction is being carried out bu making use of international tools and construction methods for better durability. Bella Vista will also have its own sewage treatment plant.
Mr.Raj Bhandari, MD of Adam developers who has had connections with Belgaum since long due to his family business, who started the first India related fund in USA started Adam developers in 2007 with a great team.
Raj told this blog,” Belgaum has a great potential to grow and he has come here only after sighting it and Belgaum still does not yet have a world class gated community.” He also shared his view that “ Belgaum is one such place with so much talent that if properly planned and one big company sets shop here, others will follow suit.” “People should try and come to the forefront and not only depend on the government to do all the things. People should take a lead and do things on their own. What was Bangalore earlier, it had no international flights but now it has its own international airport. Once a few big companies start shop the growth will be exponential, but for all this to happen we should have a plan in mind.”
Belgaum office: Padam Poonam, near 3rd gate Khanapur Road, Tilakwadi Belgaum.
Phone: 4216710
After a slow down in the US and also a saturation in the metros, the developers from these places began eying the tier II and tier III cities.
One among them is Adam Realty partners, a Mumbai based developer which was envisaged by Raj Bhandari who has a 26 year veteran in real estate in USA and India.
Th Adam team brings extensive experience in real estate development, master planning, construction, project management including with some of the leading companies in USA, Europe and India.
The Adam team is building a gated community at Nanawadi on 12 acres. The community will have nearly 200 bungalows, sky villas and apartments. This will also consist of a 12000 sqft. Club house with swimming pool, 4000 sqft. Gymnasium, game rooms, business center, guests rooms and more.
This community will have some world class amenities the Firsts in Belgaum city. Acres of landscaped land with walking paths and play grounds and lush greenery in the surroundings.
BellaVista which in Spanish means “beautiful sight”. The current project site atNanawadi, which is near to the city and yet clean & green is a correct representation of BellaVista.
All the homes are Vastu complaint and will have some never before seen features like island kitchen, 24x7 full power backup and security.
The Belgaum Project is carried on with association with Vega and B.K.Joshi is the architect.
Casa Bella – a Beautiful independent bungalow with a option of 3 & 4 bedroom layout from 2655 to 2836 sqft area.
Casa Grande – a Large bungalows with custom design with 4000 sqft and above area.
Sky Villa – This is first in Belgaum with One villa per floor with private elevators and entrance and one can have beautiful views from all sides.
Sky Villa Duo – This will have twin tower with one villa per floor for upto 3 bed rooms with private elevators and entrance to each villa.
Venetia- are duplex row houses with about 1800 sqft, a cosmopolitan style house.
Bella Torre- Apartments with 2/3 BHK but No common wall between apartment and large open views.
The construction on the project has commenced and Mr.Glen Bond is on the site as the Chief quality engineer who has 37 years of experience in home building and has all USA based licenses in all areas of home constructing.
All the construction is being carried out bu making use of international tools and construction methods for better durability. Bella Vista will also have its own sewage treatment plant.
Mr.Raj Bhandari, MD of Adam developers who has had connections with Belgaum since long due to his family business, who started the first India related fund in USA started Adam developers in 2007 with a great team.
Raj told this blog,” Belgaum has a great potential to grow and he has come here only after sighting it and Belgaum still does not yet have a world class gated community.” He also shared his view that “ Belgaum is one such place with so much talent that if properly planned and one big company sets shop here, others will follow suit.” “People should try and come to the forefront and not only depend on the government to do all the things. People should take a lead and do things on their own. What was Bangalore earlier, it had no international flights but now it has its own international airport. Once a few big companies start shop the growth will be exponential, but for all this to happen we should have a plan in mind.”
Belgaum office: Padam Poonam, near 3rd gate Khanapur Road, Tilakwadi Belgaum.
Phone: 4216710
USA phone +713 839 1026 Parag Saraiya + 91 95388 83626 Website. www.bellavistabelgaum.com Email: info@bellavistabelgaum.com
Marathi Vidya Niketan enter finals of Royceton cup
5:39 PM Posted by ukmad
In a nail biting match between Islamiya and Marathi Vidya Niketan, Vidya Niketan won 8-7 in the penalty shoot out.
Teams were levvled evem in extra time so the match was deicded by penalty shoot out and Marathi Vidya Niketan won the match.
Now Marathi Vidya Niketan will take on St.Pauls in the Finals of Royecton memorial cup on August 7.
Thanks Santosh Purohit
Teams were levvled evem in extra time so the match was deicded by penalty shoot out and Marathi Vidya Niketan won the match.
Now Marathi Vidya Niketan will take on St.Pauls in the Finals of Royecton memorial cup on August 7.
Thanks Santosh Purohit
Winners of first Give way
10:34 AM Posted by ukmad
Congratulations!!!
Following are the winners of the K7 Anti virus kits from Starnet Computers Belgaum.
All winners have been emailed on how to get your giveaway.
Keep coming back.
AAB.
Following are the winners of the K7 Anti virus kits from Starnet Computers Belgaum.
Name | |
Manjunath Patil | patil.manjunath.k@gmail.com |
Ramesh | ramesh.redekar@yahoo.com |
Shivanand A | abshivanand@rediffmail.com |
Niranjan Jadhav | niranjan_jadhav@yahoo.co.in |
Rahul | suryavanshi.a.rahul@gmail.com |
Akhil Kittur | akhilkittur65@gmail.com |
Mustafiz | mustafizjb@gmail.com |
Prasad parmaj | coolprasad.parmaj@gmail.com |
Nilesh Udoshi | neil_nilesh3@yahoo.com |
Shreyas Desai | shreyasdesai2008@gmail.com |
All winners have been emailed on how to get your giveaway.
Keep coming back.
AAB.
Mangai Jatra Vadgaon
5:57 PM Posted by ukmad
These are some unseen pictures of the Jatra ever and have been cliked by Shrawav Zadoo.
It was raining heavily and it does rain on the Jatra day, Mangai Jatra.
According to the rituals set by the ancestors of the vadgaon village, the God of the village is to be presented with these chicks. One could spot one of those vendors selling chicks at Rs.5 each.
Once you reach the temple the chicks you have brought with you are supposedly to be tossed on to the roof of the temple!
All photos: Shrawan Zadoo
It was raining heavily and it does rain on the Jatra day, Mangai Jatra.
According to the rituals set by the ancestors of the vadgaon village, the God of the village is to be presented with these chicks. One could spot one of those vendors selling chicks at Rs.5 each.
Once you reach the temple the chicks you have brought with you are supposedly to be tossed on to the roof of the temple!
All photos: Shrawan Zadoo
St.Pauls enters Royecton Finals
5:27 PM Posted by ukmad
St.Pauls High school entered the Finals of the prestigious Royecton Memorial Finals beating Sant Meera 4 goals to nil.
Sant Meera played a attacking game in the first half but could not convert the attacks into goals. After a goal less first half in the second half, St.Pauls played a attacking game game and scored four goals after the other in the last 20 minutes of play.
Tomorrow the second Semi finals will be played between Islamiya and Marathi Vidya niketan.
The finals will be played on 7th August.
Sant Meera played a attacking game in the first half but could not convert the attacks into goals. After a goal less first half in the second half, St.Pauls played a attacking game game and scored four goals after the other in the last 20 minutes of play.
Tomorrow the second Semi finals will be played between Islamiya and Marathi Vidya niketan.
The finals will be played on 7th August.
Belgaum causes uproar in parliament
2:46 PM Posted by ukmad
After a six day dead lock in the parliament when things seemed to be coming up for the common man Belgaum border dispute came to the fore front and the parliament was adjourned.
Lok Sabha was adjourned for half an hour after leaders from Maharashtra and Karnataka gathered near Speaker Meira Kumar's podium over the disputed district of Belgaum.
Shiv Sena members from Maharashtra sought Prime Minister Manmohan Singh's intervention in the matter, with Bharatiya Janata Party (BJP) members divided on the issue along state lines. Gopinath Munde supported the cause of Maharashtra, while BJP leader from Karnataka Ananth Kumar raised his voice in support of Karnataka.
Shiv Sena MPs gathered near the Speaker's podium waving placards, prompting BJP MPs from Karnataka to do the same.
Shiv Sena MPs gathered near the Speaker's podium waving placards, prompting BJP MPs from Karnataka to do the same.
No giveaways for commenting on this story.
Burning car
8:11 AM Posted by ukmad
Indica car of a retired Police officer turned into ashes yesterday at Basav Colony.
The driver had a foul smell and he immediately came out of the car and called the police immediately and the fire brigade, but the fire birgade number was not being answered.
The car started to burn but all were waiting for the fire brigade to come. The car caught fire at 3.30 pm but the fire fighters came to the spot after a hour and half when the ashes of the car were remaining.
The people on the spot also tried to call the fire department but there was no response.
Photo: Shrey R Dhanawadkar
Third Anniversary celebrations begin
5:09 PM Posted by ukmad
And what 3 years it have been! Looking back at the Three years only gives us confidence to look forward with renewed energy and motivation.
The triple “S” – Strong Support System that we have been blessed with by way of YOU, the readers humbles us greatly.
Needless to say, yet so very essential for us to mention here is that unparalleled support we have received from our designing team Leadingminds, ITBelgaum, our advertisers and so many others who helped us getting photos, news bites and so on.
See here for more details - http://allaboutbelgaum.com/news/third-anniversary-celebrations-begin/
Selection or election of students representatives
11:27 AM Posted by ukmad
It is august and most colleges will be working to full strength (with students in the college campus and few in the classes as well).
In olden days the month of July would mean a lot activity in college as there would be the Elections of the class representatives and then the General Secretary (GS) of the college.
I have been lucky to see for my self these kind of elections in my first year of college and also was witness to its bad side.
From past many years the elections have been stopped and now the Selection method has been adopted by all colleges. Aspiring candidates can nominate themselves and then the selection process takes place by an interview.
The colleges feel this is a safe and a better way of doing this. The students on the other hand feel they are loosing the ho-halla and enjoyment of an election.
Earlier there used to be yearly exams but now most of the courses are semester based so the time available for such activities has come down.
During the election time, the atmosphere in the college used to be very heated and incidents of beating, kidnapping, threating were common. To avoid any such untoward incident the colleges decided to go by the selection process.
The older lot reading this story will have memories refreshed of their college times and elections but the younger ones who haven't seen that surely missed a lot.
But with changing times, things change and this is one more part of the change.
In olden days the month of July would mean a lot activity in college as there would be the Elections of the class representatives and then the General Secretary (GS) of the college.
I have been lucky to see for my self these kind of elections in my first year of college and also was witness to its bad side.
From past many years the elections have been stopped and now the Selection method has been adopted by all colleges. Aspiring candidates can nominate themselves and then the selection process takes place by an interview.
The colleges feel this is a safe and a better way of doing this. The students on the other hand feel they are loosing the ho-halla and enjoyment of an election.
Earlier there used to be yearly exams but now most of the courses are semester based so the time available for such activities has come down.
During the election time, the atmosphere in the college used to be very heated and incidents of beating, kidnapping, threating were common. To avoid any such untoward incident the colleges decided to go by the selection process.
The older lot reading this story will have memories refreshed of their college times and elections but the younger ones who haven't seen that surely missed a lot.
But with changing times, things change and this is one more part of the change.
Call for Papers on Belgaum Nexts Symposium on Sustainable Development
1:42 PM Posted by ukmad
On 4th September 2010, Belgaum Next is organizing a Symposium on Sustainable Development of Belgaum City.
Papers have been invited from Experts from Belgaum who have knowledge/experience in any of the above areas in the context of Belgaum City.
The papers may be sent by email to belgaumnext@gmail.com
Belgaum Next is a people’s endeavor to bridge the gap between good and bad governance on the strength of an open citizen’s platform and is steered by passionate people from across Industry, government, academia and other organizations. The platform stands for one voice that is focused on one agenda: the all round development of our city.
Eminent Local and Global experts will present papers on the following aspects:
1. Water: augmentation of supplies and efficient distribution.
2. Power quality of, and severance from its carbon base.
3. Solid waste Management Present issues, solutions and public awareness
4. Transportation and Traffic Flow Development of Hub and Spoke model for roads, and improvement of public and mass transit system.
5. Infrastructure to attract investments planning and creation of basic infrastructure to attract investments for employment generating industries in areas where Belgaum has inherent advantages.
6. Urban Renewal Remodeling and Beautification of the City.
7. Planning sustainable neighborhoods new and evolving systems in town planning on a sustainable model.
8. Public Participation in development and decision making process
Guidelines:
The paper should be attached as a Word Document should not exceed 4 pages in A4 size
The paper should be Belgaum-centric
Name and contact details of the author should be stated.
Papers have been invited from Experts from Belgaum who have knowledge/experience in any of the above areas in the context of Belgaum City.
The papers may be sent by email to belgaumnext@gmail.com
Belgaum Next is a people’s endeavor to bridge the gap between good and bad governance on the strength of an open citizen’s platform and is steered by passionate people from across Industry, government, academia and other organizations. The platform stands for one voice that is focused on one agenda: the all round development of our city.
Eminent Local and Global experts will present papers on the following aspects:
1. Water: augmentation of supplies and efficient distribution.
2. Power quality of, and severance from its carbon base.
3. Solid waste Management Present issues, solutions and public awareness
4. Transportation and Traffic Flow Development of Hub and Spoke model for roads, and improvement of public and mass transit system.
5. Infrastructure to attract investments planning and creation of basic infrastructure to attract investments for employment generating industries in areas where Belgaum has inherent advantages.
6. Urban Renewal Remodeling and Beautification of the City.
7. Planning sustainable neighborhoods new and evolving systems in town planning on a sustainable model.
8. Public Participation in development and decision making process
Guidelines:
The paper should be attached as a Word Document should not exceed 4 pages in A4 size
The paper should be Belgaum-centric
Name and contact details of the author should be stated.
Amboli still shut
10:35 AM Posted by ukmad
After the landslide on 30th July, 2010 work is in full swing to clear the road at Amboli.
The police have clarified that no tourist are under the debris and the work of clearing the road is on. This might take another 2-3 days the officials said.
The cause of worry for the PWD there is that even now mud is scaling down near the same spot and it is feared that he road has been badly damaged.
Very few tourists were seen as the road is blocked. This is the main season in Amboli and due to this landslide business has been hit.
Jeetesh Shah who had been there yesterday clicked these photos. Thanks Jeetesh.