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209:. Pai was awarded the Karnataka Udyog award and the Karnataka Rajyotsva award for social and charitable activities. He was conferred an honorary doctorate by Mangalore University for his exceptional contribution to the field of education and philanthropy.
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October 2012, Pai's car was shot by two motorbikers after getting calls from a Bangkok-based extortionist. Two motorbikers came from both sides of his car and each shot the car once. Pai was saved by his bullet proof
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267:"P Dayananda Pai : Balancing Success with Largesse"
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