Udupi: Claiming that the financial position of B R Shetty empire is robust, B. R. Shetty, the NRI industrialist of Udupi has rebutted all reports that his company is going under severe loss and facing bankruptcy.

“Such false reports have disheartened me and I felt sad reading about these unsubstantiated reports”, he said.

Admitting that the economic conditions of foreign countries are pretty weak, he however claimed that his company has been making ample profit and financial status is stronger than ever.

Having established his empire in Gulf Countries, Shetty had been kept his distance always from the media for quite a long time after the reports that his company has incurred heavy loss due to financial crunch. 

He however was noticed by media persons at his Koosamma Shambhu Shetty Memorial Haji Abdullah Government Hospital during the celebration of 10,000th child birth programme at the hospital here.

At this time, Shetty volunteered to speak to the media persons, he talked in detail about the financial condition of his company.

“ I have not escaped anywhere. Indeed my empire has faced some set back, but I am not responsible for it as I have been made scapegoat “, he said.

He said that he got cheated by trusting some people. Those who were in his company, ditched him.

“They have made financial frauds behind me. However I can't call him guilty because his guilt has not been proved yet”, he said.

Shetty said that the matter is in subjudice therefore he can't comment much on it.

“People of some vested interest have played a dirty trick on me. But I am certain that I will come out of this mess soon”, he said.

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): Heatwave conditions are very likely to prevail over isolated pockets of northwest, central and the adjoining parts of east India for the next four to five days, the India Meteorological Department (IMD) said on Monday.

It said isolated pockets of Haryana, Chandigarh, Delhi, Punjab, East Rajasthan, Vidarbha, Chhattisgarh, West Uttar Pradesh, West Rajasthan, Madhya Pradesh, Gangetic West Bengal, Jharkhand, Odisha and scattered pockets of East Uttar Pradesh are expected to witness heatwave conditions on different dates between April 20 and April 25.

"Hot and humid weather conditions are very likely to prevail in isolated pockets over Gangetic West Bengal during April 20-26; Tamil Nadu, Puducherry and Karaikal during April 20–22; Kerala and Mahe, Coastal Andhra Pradesh and Yanam during April 20-24; coastal areas of Gujarat on April 24 and April 25," the IMD said.

Also, warm night conditions are expected to prevail in isolated pockets over Haryana, Chandigarh, West Uttar Pradesh, Madhya Pradesh, Vidarbha on April 20 and April 21, Chhattisgarh on April 20, and Odisha between April 20 and April 22.

The IMD highlighted that moderate to intense thunderstorm activity can occur over different states of south, central, east and northwest India on Monday.

There is also a possibility of hailstorms over Madhya Maharashtra, Marathawada, Madhya Pradesh Vidarbha and Chhattisgarh on Monday, according to the IMD.