KHB building-building without permission
1:01 PM Posted by ukmad
This is the irony of the civic authorities. Anyone can know this and see this, but the Civic authorities (BCC) have gone blind.
The Karnataka Housing board (KHB) is constructing huge towers near the railway over bridge, and form an RTI application it has come out that the Corporation has not given the requisite permission to KHB build the towers, even then the construction work is in full swing with work being done day and night. To, top the icing on the cake Shri. S. G. Patil, Commissioner of BCC did not even know that such construction was in progress.
Construction started in late October and the building will be utilized for residential purposes for the government employees. The KHB has sought permission for the construction from BCC but they haven’t got it still.
The BCC goes on a demolition drive when they see small encroachments but are they blind here?
Photo: Team AAB
Related earlier posts posted on 12 November 2008
Google Internet bus in Belgaum on 11 Jun for 4 days
5:22 PM Posted by ukmad
How to browse the net, search, e-mail, social networking, browse maps or track stock market trends - this is what global web-based search engine Google is going to teach people as its custom-built Internet bus drives through 15 towns of Karnataka to expose the people to the digital world.
The bus will reach Belgaum on June 11 and will be here for 4 days.
Operation PIG
5:04 PM Posted by ukmad
Swine flu breakout I the world have made the Belgaum city corporation to take on the Pigs in the city. It was the dogs earlier & now it is the turn of the pigs.
Mahantesh Nagar , Anagol, Auto Nagar Khasbag, Rukmini Nagar, Gandhi Nagar are the most affected areas by pig nuisance. Pigs roam freely in the gutters and on main roads. The BCC had taken up a pig clean up drive earlier but was stopped.
The BCC is issuing notices to pig breeders about this and it seems the civic body is not going to take any chances, as swine flu is spreading day by day.
Shiv Jayanti celebrated with great huge participation
10:58 AM Posted by ukmad
A large number of people had gathered along the route of the procession to witness the celebrations. In fact the turnout this time was quite large than earlier years and a notable factor this must be the Shivaji Serial going on TV.
All went off safely but there was a spat amongst the Police and the Organizers on the issue of putting up a controversial banner which was tied to a tractor, had given a call to Marathis to keep alive the issues pertaining to border and saffron flag, "which are pride of Marathis" which belonged to Bhandur Galli. The police asked the rally organizers to remove the banner and chaos prevailed for a while. Later SP Sonia Narang allowed
the banner after removal of some parts of the script.
Congress MLA Feroz Sait, MLA Abhay Kumar Patil, MLA Sanjay Patil and Maharashtra Ekikaran Samithi leaders Deepak Dalvi and T.K. Patil were present.
Ramdev Galli and Maruti Galli were full of people even at 1.30 at night. Kids were enjoying the whole show and were shouting Jai Shivaji all the while.
All went off safely but there was a spat amongst the Police and the Organizers on the issue of putting up a controversial banner which was tied to a tractor, had given a call to Marathis to keep alive the issues pertaining to border and saffron flag, "which are pride of Marathis" which belonged to Bhandur Galli. The police asked the rally organizers to remove the banner and chaos prevailed for a while. Later SP Sonia Narang allowed
the banner after removal of some parts of the script.Congress MLA Feroz Sait, MLA Abhay Kumar Patil, MLA Sanjay Patil and Maharashtra Ekikaran Samithi leaders Deepak Dalvi and T.K. Patil were present.
Ramdev Galli and Maruti Galli were full of people even at 1.30 at night. Kids were enjoying the whole show and were shouting Jai Shivaji all the while.
Belgaum Shivjayanti 2009 video
10:07 PM Posted by ukmad
Team AllaboutBelgaum shot this video at Hutatma chowk at 9.15 pm today and its here up for you all to see in no time. Thanks to the team.
A couple of foreigners were seen shooting the whole event with great excitement. The procession, which just reached Hutatma Chowk at that time, will take a long time to come in full action.
The Two kids who portrayed an enactment was worth watching and team AAB have captured it for you.
Get driving directions with help from Google Maps
6:39 PM Posted by ukmad
See the examples below. And the best thing you can do this right from this site, see the map on the Right Hand side and click Get directions: Form here – From Here.
Try getting home from your office in Bangalore or elsewhere and see the result. Some results may not be exact, but you can really make out a road to go, if you are new comer in town.
Tip: Just type in the places mentioned in the Google map like Bus stand, Fort, Mahantesh Nagar so that Google knows exactly what you are looking for.
Majestic Bangalore to Belgaum Bus stand
Investment ideas to grow your money
1:33 PM Posted by ukmad
If we look at the kinds of investment, options available to investors in today’s times, we find that mutual funds are one such instrument which can provide the facility to participate in all available financial instruments.
The following points bring out the importance on mutual funds in financial planning process.
Mutual funds offer a variety of products suitable for :
i. different return requirements.
ii. Different risk appetite
iii . Different tenures
These instruments also provide for the same or better tax treatment than other instruments viable, therefore various kinds of mutual funds schemes like equity, debt and money market can be used in various proportions to make a portfolio having the risk and return attribute tailor made to an investors need.
Use of Mutual Funds help financial planners to make own tasks easier. This means that the role of financial planner will be make strategic asset allocation in response to the needs of client and then leave the fund managers of mutual fund schemes to select securities within those asset class.
Since Mutual Fund portfolios are driven by pre-stated investment objectives, it is easier to match investor objectives with the mutual fund product.
Mutual funds enable flexible options to invest and withdraw funds, and alter the investment portfolio by changing the mix of funds held by the investor.
On an average less than 5 % of the investors in India have invested in Mutual Funds and rest in other instruments like Bank Deposits, Post Office Savings schemes, Gold etc.
All mutual funds are registered with SEBI and function within the provisions and regulations that protect the interests of investors. A Mutual Fund is a trust that pools together the savings of a number of investors who share a common financial goal. All such investors buy units of a fund that best suits their needs be it capital growth, regular returns or safety of capital. The Fund Manager then invests this pool of money in securities, ranging from shares to debentures to money market instruments, depending on the objective of the scheme.
Benefits of a Mutual Fund: 1. Increases the purchasing power of investments.
2. Enables them to have a well-diversified portfolio even with a very small amount of investment.
3. Reduction of risk.
4. Money would be managed by a professional at low costs.
5. Reduction of transactions costs due to economies of operation at a large scale.
6. Liquidity
7. Convenience of investing the money and tracking the performance of money ( hassle free investment, consider this : an investor can have exposure in equity shares without having a D-mat account. )
8. Flexibility to change investment objectives.
Mutual Funds offer a wide variety of schemes.
DEBT FUNDS: These funds invest only in only in Debt instruments like company debentures, government securities and money market instruments completely avoiding any investments in the stock markets. Hence, they are much safer than equity funds. At the same time the expected returns from debt funds would be lower.
BALANCED FUNDS : These funds invest in mix of equity and debt instruments. Hence, they are less risky than equity funds, but at the same time provide commensurately lower returns. They provide a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but are looking of higher returns than those provided by debt funds.
EQUITY FUNDS : These funds invest entirely in the share markets and attempt to provide investors the opportunity to benefit from the higher returns which stock markets can provide. However, they are also exposed to the volatility and attendant risks of stock market investments and hence should be chosen by investors who have risk taking capabilities.
Choosing your investment mix depends on factors such as your risk appetite, time horizon of your investment, your investment objective, your age etc.
Advantages of investing in Mutual funds are:
PROFESSIONAL EXPERTISE: Fund Managers in mutual funds are professionals who track the markets on a minute to minute basis. With their mix of professional qualification and market knowledge, they are better placed than the average investor to understand the markets.
DIVERSIFICATION: Since a mutual fund scheme invests in a number of shares or debentures, the attendant risks are greatly reduced. Even if the stock price of one of the companies goes down or a company defaults on payment of interest, it does not result in a substantial loss to the investor, as the other holdings of the fund can compensate for this fall.
RELATIVELY LESS INEXPENSIVE: When compared to direct investments in the capital market, mutual funds cost less. This is due to savings in brokerage costs, demat costs, depository costs etc.
LIQUIDITY : Investments in mutual funds are completely liquid and can be redeemed at NAV related prices on any working day. Since, these are bought back by the mutual fund itself; there is no risk of not finding a buyer. Besides, redemption money can be received by the investor within a week.
TAX BENEFIT : This summery of tax implications is based on the current provisions of the applicable tax laws. Income received by the unit holders in respect of the units of the Mutual Fund is exempt from tax under Section 10 ( 35 ) of the Act.
Tax deduction at Source : In view of the exemption of income in the hands of the Unit Holders, no income tax is deductible at source on income distribution by the Mutual Fund, under the provisions of Section 194 K and 196 A of the Act.
Investment in mutual funds are subject to market risks.
For queries contact:
Bankim bhagwat
bhagwatbankim@gmail.com
098452 73406
Belgaum’s traditional Shiv Jayanti procession today
11:16 AM Posted by ukmad
It was to be held in the last week but due to the Election code of conduct it was deferred for today.
The procession will include various youth clubs and associations presenting and depicting some important parts of the life of Shivaji Mharaj in a lively form. Procession will begin from Nargundkar Bhave Circle, Mruti Galli, Ramdev Galli, Bogarves, Ramling Khind Galli, Tahshildar Galli and will finally end at Shivaji garden.
Police have been called in from other districts for the occasion. 25 CCTV cameras will monitor the whole procession and Ridhi Vision the local cable channel will telecast this live.
Belgaum SSLC result 79 percent
10:52 AM Posted by ukmad
Chetan Desai of B.K. Model School here secured first place in Belgaum district in the SSLC examination. He secured 612 out of 625 marks.
King size success for Mee Shivajiraje Bhosle Boltoy in Belgaum
11:01 AM Posted by ukmad
No Marathi film runs beyond eight days in Belgaum but Mee Shivajiraje... is going very strong even in its 5th week, thus breaking records. The last Marathi film running for such long time was Maherchi Sadi way back in 1991.
Now there are in all 5 shows in Belgaum, 4 at Nartaki & one show at Big Cinemas from this week.
The film has grossed more than 7 crores all over India. On April 17, it opened at Movie City Cinema at New Jersey where it has become the first Marathi film to run at regular shows on all days.
Now there are in all 5 shows in Belgaum, 4 at Nartaki & one show at Big Cinemas from this week.
The film has grossed more than 7 crores all over India. On April 17, it opened at Movie City Cinema at New Jersey where it has become the first Marathi film to run at regular shows on all days.
Movies as on 1-05-2009
4:48 PM Posted by ukmad
| Theatre | Movie | Timings |
| Big Cinemas | Me Shivaji Raje …. | 9.45pm |
| 8 by 10 Tasveer | 3.15,9.15pm | |
| A dekhen zara | 12.15,6.15pm | |
| Fast & Furious | 10,12.30,3.30,6.30 | |
| Ritz Srikrishna | ||
| Nirmal | Kiran Bedi | 12.15pm,3.15,6.15,9.15 |
| Huns | Madakari | 12.15, 3.15,6.15,9.15 |
| Arun | 12.30,2,4,7 | |
| Roopali | Maharaj | 12.15,3.15.6.15,9.15 |
| Balkrishna | MegaSnake Nagraj | 12.30,3.30,6.30,9.30 |
| Chitra | Josh (K) | 12,3,6,9 |
| Swaroop | Machha | 12,3,6,9 |
| Hira | Rana (T) | 12.15,3.15,6.15,9.15 |
| Prakash | Chelladaru Sampige | 12.15pm,3.15pm,6.15pm,9.15pm |
| Nartaki | ||
| Me shivaji Raje BB | 12,3,6,9 | |
| Santosh | Jaji Mallige | 12.15pm,3.15pm,6.15pm,9.15pm |
| Globe | 12.15,1.45,3.45,6.45 | |
| Kindly check the excat timings with the theatres | ||
Beating the heat
10:57 AM Posted by ukmad
For this elderly citizen of Belgaum, even an umbrella is of little use to protect him from the soaring temperatures in the city and uses fresh leaves as a better option for some shade and cool over his head.
Photo by: D.B. Patil (09448963874).
