Bengaluru: In a show of solidarity and support towards those affected by the devastating floods in Karnataka recently, the Bangalore International Airport Limited (BIAL) and Fairfax Financial Holdings Limited (Fairfax) (through its affiliate Fairbridge Capital Private Limited, India) – have jointly contributed a sum of Rs. 7 crore towards the Karnataka State Disaster Management Authority (KSDMA) to aid relief operations.

Fairfax is the parent entity of Fairfax India Holdings Corporation, which is a significant shareholder of BIAL.

The cheques bearing Rs 3.5 crore from BIAL and an identical amount from Fairfax, were handed over to the Chief Minister B S Yediyurappa by Hari Marar, Managing Director and Chief Executive Officer of BIAL, at his official residence Krishna on Friday.

"BIAL stands with the people of Karnataka at this hour of crisis and we want to ensure that we are able to help those affected by the flood to rebuild their lives as early as possible. We hope that this modest contribution will accelerate ongoing relief and rehabilitation activities and restore normalcy at the earliest,” said Mr. Marar.

Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



New Delhi (PTI): The Delhi Police has arrested a bus helper and recovered USD 1,600 that was allegedly stolen from the purse of an Iranian woman who had forgotten it on a private bus at ISBT Kashmere Gate, an official said on Sunday.

The incident came to light on December 15, when a complaint was lodged at the ISBT Kashmere Gate police post by Dr Ali Akbar Shah, a professor at Delhi University and a resident of Mukherjee Nagar, the police said.

He informed police that his guest, Fareshteh Sayanjali, an Iranian national, had arrived in India on December 13 and was staying at his residence, they said.

The woman had travelled to Uttarakhand's Rishikesh and was returning to Delhi on December 15 in a bus. While de-boarding at ISBT Kashmere Gate around 1.45 pm, she inadvertently left her purse on the bus seat, the police officer said.

After some time, she received a phone call from the bus operator informing her that the purse had been found in the vehicle. However, when the purse was handed back to her, she discovered that USD 1,600 in cash kept inside was missing," the officer added.

ALSO READ: Hike in train fares: 1 paisa/km beyond 215 km for ordinary class, 2 paise/km for other classes

Based on Dr Shah's statement, an FIR was registered at Kashmere Gate police station on December 16, and an investigation was taken up, police said.

During the investigation, the team questioned the driver and conductor of the bus in which the woman had travelled, police said.

During questioning, the conductor told police that Monish, the bus helper, found the purse lying abandoned on a seat and handed it over to him, police said.

Monish initially attempted to mislead the investigators, but later confessed to stealing the US dollars from the purse, police said

Following his disclosure, Monish was arrested on December 17 and recovered the entire stolen amount, police said.

The accused, Monish, 26, is a resident of Jahangirpuri in north Delhi.

He has studied up to Class 10 and has been working as a helper with the private bus service for the past year, they said.