BR Shetty stopped at airport on way to UAE
Bengaluru: B R Shetty, founder and former chairman of the embattled firms NMC Health and Finablr who was making a surprise attempt to return to the UAE after eight months in India, was stopped by immigration officials at the Bengaluru airport on Saturday morning as he was about to board an Etihad flight, a Khaleej Times report claimed.
The report further confirmed that Shetty’s wife Dr. Chandrakumari Shetty was allowed to board the flight. Shetty had earlier added that he was planning to return to UAE “as promised” adding that he had complete faith in the justice system of the UAE.
It is learned that a consortium of Indian banks, including Bank of Baroda with $250 million in outstanding loans due from Shetty, had initiated travel restrictions on the NMC founder in an attempt to recover the debts. Several other Indian banks, including Federal Bank, have considerable exposure to Shetty-run firms.
An Indian court has already restricted Shetty and his wife from selling or encumbering properties that Bank of Baroda claimed are personally guaranteed as security by the businessman.
The billionaire entrepreneur, who has been away from Abu Dhabi since February, said on Saturday evening that he was trying to get the travel curbs removed and is hopeful of returning to Abu Dhabi within days “to support the UAE authorities and all relevant bodies to correct any injustice done to the companies, their employees, shareholders, and other stakeholders and help find solutions to outstanding matters”.
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Karnataka records 274 springs in first statewide census, majority located in Western Ghats
Hubballi: In its first-ever comprehensive census conducted during 2023-24, Karnataka has identified 274 natural springs across the State with 144 classified as perennial, 114 as seasonal and 16 reported to have dried up.
The enumeration was carried out by the Karnataka Minor Irrigation and Groundwater Development Department in association with the Groundwater Directorate as part of a Union government initiative, according to a Deccan Herald report. Officials were quoted as saying that the nine-month exercise involved field visits to nearly all identified springs. These springs were digitally mapped using a dedicated mobile application.
Belagavi district recorded the highest number of springs at 59, followed by Uttara Kannada with 31, while Chamarajanagar and Kodagu reported 23 each. Dharwad, Ramanagar, Bengaluru Rural, Davangere and Kolar districts have one spring each.
Bendru Teertha in Dakshina Kannada is the only hot spring documented in the State, which is attributed to a distinct hydrological formation. Springs in Talacauvery in Kodagu, Javali in Chikkamagaluru and Ambutheertha in Shivamogga, are the source points of major rivers such as the Cauvery, Hemavathi and Sharavathi.
According to the directorate, springs are natural discharge points where groundwater flows to the surface through openings in the earth’s crust, which occur when the water table intersects with the ground surface or when groundwater is forced out through fractures, faults or permeable rock layers.
The Western Ghats and Malnad regions, covering districts like Kodagu, Chikkamagaluru, Uttara Kannada, Dakshina Kannada, Belagavi and Shivamogga, account for a significant share of the springs due to high rainfall and favourable geological conditions.
K B Rajendra, Director of the Groundwater Directorate, was quoted by Deccan Herald as saying that nearly 80 per cent of the springs are located in rural areas. He noted that apart from those associated with religious or historical sites, most springs remain open and lack protective measures.
Noting their vital contributions to drinking water supplies and agricultural irrigation, especially in areas with hills and mountains, Rajendra said that these springs help maintain the flow of rivers and streams when the weather is dry, thereby supporting ecological balance and promoting biodiversity.
He added that the census findings would serve as a database for conservation, rejuvenation efforts, groundwater management and long-term water resource planning in the State.
