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Udupi’s first ever oxygen refilling plant set up at Belapu amid covid chaos News Network April 26, 2021 Uudpi, Apr 26: In the wake of unprecedented oxygen shortage across Karnataka amidst covid crisis, an oxygen refilling unit has been set up at Belapu in Kaup taluk of Udupi district. This is Udupi’s first ever oxygen refilling plant. The unit is owned by SN Cryogenics Private Limited in the KIADB industrial area and will be able to supply medical oxygen once liquid oxygen is supplied to the unit as planned. The liquid oxygen required for the refilling unit is being brought from Bengaluru...

Competent authority to start with depositors having the least eligible amounts to be paid

Competent authority makes submission to High Court The Competent Authority in I Monetary Advisory (IMA) Group of Companies case on Wednesday told the High Court of Karnataka that 65,258 claims had been received as against 69,099 accounts making a total claim of ₹2,695.13 crore in response to public notice issued under Karnataka Protection of Interest of Depositors (KPID) in Financial Establishments Act, 2006. The status report submitted by Harsh Gupta, who is the Special Officer and Competent Authority in IMA cases, also said that the first stage verifications of around 45,000 claimants ha...