NRI Entrepreneur Nasir Syed honored with Business Icon Award in Dubai
Dubai: In a ceremony held recently at Taj Exotica, The Palm, Dubai, NRI entrepreneur Nasir Syed was bestowed with the prestigious Business Icon award by NKN Media, recognizing the achievements of Indian business leaders in the UAE. The event, which celebrated the success stories of 16 icons spanning diverse industries, including Danube Group Chairman Rizwan Sajan, Petrochem Middle East CEO Yogesh Mehta, Thumbay Moideen of Thumbay Group and others.
The event was graced by the esteemed presence of Dr. Shashi Tharoor, former Minister of State for External Affairs and renowned author. Dr. Tharoor presented the award to Nasir Syed.
Hailing from Moodbidri and the son of Syed Mohidin and Khurshida Begum, Nasir Syed has carved a niche for himself as an acclaimed entrepreneur and international superbike rider in the UAE. He holds the position of Founder and CMD at Creative House Scaffolding, an enterprise that stands testament to his entrepreneurial prowess.
The grand event was organized in collaboration with India Today Group, one of India's foremost media houses. The ceremony received widespread attention, being broadcasted on India's prominent news channels, Aaj Tak and India Today TV. The award ceremony aimed to pay tribute to visionary leaders, acknowledging their significant contributions to the UAE's business landscape and community.
Celebrated actors and influencers such as Vivek Oberoi and Salman Yusuff Khan shared exclusive video messages with their dedicated fan base, expressing their anticipation for the event. Adding to the star-studded affair, India's leading news anchor, Rajdeep Sardesai, graced the occasion with his presence, adding to the event's grandeur.
The ceremony served as a captivating platform, showcasing the inspiring journeys and remarkable accomplishments of these distinguished business icons. Engaging 30-minute episodes, highlighting their stories, are slated for broadcast, allowing viewers a glimpse into the experiences and achievements of these influential personalities.
Superstar NRI Kannadiga in Dubai -
Nasir Syed bravely embraced the challenge of building and expanding his business without getting stuck into a routine job in a Gulf country. In the early 2000s, Nasir ventured into the scaffolding industry, mounting numerous hurdles to establish his own enterprise. Fueled by a strong work ethic, exceptional customer service, innovative approaches, and an unwavering commitment to quality, he propelled his business to a pivotal moment in 2005. Nasir's company garnered the attention of significant clients, marking a significant turning point in his journey. From that moment on, Nasir never looked back. With determination and perseverance, he continued to progress, one step at a time. Today, the companies he initiated single-handedly provides employment to over 200 individuals, a testament to his remarkable achievement.
Presently, Nasir Syed successfully oversees CHS Creative House, a prominent entity in the scaffolding and formwork sector across the entire UAE. Additionally, he manages VME Valves Factory LLC, renowned for its industrial valve manufacturing, as well as Creative House Events, an organization known for orchestrating world-class events. Furthermore, Nasir directs DSBK – D Super Bike Racing, an esteemed entity that organizes international racing competitions. Under his guidance, these ventures continue to flourish and thrive.
Superbike Racing Champion - Nasir Syed, who once indulged in cricket, football, and badminton during his school and college years, found his true passion in bike racing. Despite the inherent dangers and high costs associated with superbike racing, he was captivated by its thrill. Upon relocating to Dubai, his fascination grew, leading him to immerse himself in the world of superbike racing.
Remarkably, Nasir ventured into this challenging field and emerged as an international champion, clinching victory in 38 professional bike racing competitions. His expertise extended to competing in prestigious events such as the UAE National Championship and the Bahrain Superbike Championship, further solidifying his reputation as a formidable racer.
Nasir has recently founded a new enterprise in Dubai, known as DSBK - D SUPER BIKE RACING. The company has already achieved milestones by successfully hosting its inaugural racing competition. It serves as a unique platform, uniting Superbike racers, their dedicated fan base, and esteemed brands.
Anila Nasir, Nasir's wife, has been the cornerstone of support for her husband in both his business and sporting pursuits, providing encouragement and strength. Their son, Abdul Sami, has already begun carving a niche for himself as a promising superbike racer, following in his father's footsteps. Their other children, Yahya Nasir, daughters Hana Nasir, and Rida Nasir, have settled in Dubai with them.
Nasir, a triumphant entrepreneur and champion superbike racer, has also been actively promoting philanthropic endeavors. His initiatives extend to various social activities, focusing on providing essential aid to deserving individuals in areas such as education and healthcare.
Superbike Racing in India -
DSBK - D SUPER BIKE RACING, is also set to host its championship in India next year. Nasir Syed will personally make this announcement during a press conference scheduled in Mumbai on November 4th. Detailed information about this event can be found on the official DSBK Racing Instagram page.(DSBKracing)
This is a feature story published in honor of Kannadiga NRI Nasir Syed and his achievements.
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Heated debate in Karnataka Legislative Council over continued ACC mining in Kalaburagi
Bengaluru (PTI): A heated exchange took place in the Karnataka Legislative Council on Tuesday over alleged non-payment of mining dues and the "unauthorised" continuation of quarry operations by the Adani Group’s ACC Limited, with ruling Congress and the opposition BJP members questioning the government’s handling of royalty recovery and permissions.
Raising the issue during Question Hour, Congress MLC K Shivakumar, speaking on behalf of his party MLC Arathi Krishna, alleged that substantial royalty dues remained unpaid even as operations continued.
Krishna wanted to know whether the Karnataka government was aware that the lease period granted to Adani Group’s ACC Ltd for mining in the Kannur Limestone Block at Wadi in Kalaburagi has expired.
“If it is true, what action has the government taken against the said company for allegedly carrying out unauthorised mining at the site without paying the total dues of Rs 850.21 crore towards royalty, rent or penalty payable to the state government?” she asked in the written question.
She claimed that despite the Law department having given a written opinion to the Mines department that the said company should not be permitted to undertake mining activities until it clears all pending dues payable to the government, no legal action has been initiated against ACC, and instead a letter has been written to the central government regarding renewal of the lease in favour of the company.
Krishna questioned the apparent disparity in enforcement between small quarry operators and large corporate entities.
“After the Adani Group took over quarrying, they had to pay Rs 837 crore as royalty. Till today, they have not paid the royalty. What prompted you to exempt them from this royalty?” asked Shivakumar, on behalf of Krishna.
“If there is any small quarry operator, if he does not pay royalty, you do not allow him... You just bring him and seize it.”
BJP MLC C T Ravi echoed similar concerns, questioning the legal and procedural basis for allowing participation in bidding and continuation of operations despite pending dues.
“Do your rules allow those with pending dues to participate? If such a provision exists, under which rule does it exist?” he asked, also seeking clarity on recommendations of the High-Level Committee, Law Department and concurrence of the Finance Department.
Responding to the allegations, Minister N Cheluvarayaswamy, replying on behalf of the Mines and Geology Minister S S Mallikarjun, maintained that no fresh licence had been granted and that the matter involved both an existing mining lease and a separate new application still under process.
He said the company had applied through the bidding route and was given time to complete formalities, which had since been done.
The minister explained that the issue of dues was pending before the court, which has allowed operations to continue subject to certain conditions.
“The old licence is continuing under court direction. It has not been stopped. We are following court direction,” he said, adding that part payment had been made and the balance would be decided through legal proceedings.
Ravi, however, pressed further, arguing that court orders did not prevent recovery of dues.
“The court has not said do not recover dues. What does your legal opinion say? Why have you not recovered?” he asked.
Shivakumar also raised concerns over declining non-tax revenue from mining, citing the state’s own budget observations.
“If Rs 800 crore to Rs 900 crore is allowed to let go like this, where will non-tax revenue come from?” he asked and sought to know why the government had not fully tapped the sector’s revenue potential.
The Minister reiterated that the due itself was under dispute, making immediate recovery difficult.
“How can we recover when the amount itself is not decided? Until recovery is possible, no further permission will be given,” he said, adding that consultations with the Law Department and Advocate General would be held to explore further action.
He also cited tender conditions, stating, “As per the tender notification dated October 5, 2020, a company must have paid all past dues to be considered a successful bidder.”
Unconvinced, Ravi demanded that the recovery of dues should follow.
