Chief minister D V Sadananda Gowda on Thursday expanded his one-week-old ministry with the induction of five more ministers. This is the second expansion of his cabinet in the last four days.

Round 2: Gowda inducts 5 more ministers

Business Standard

The state government has so far deposited Rs 114.77 crore into bank accounts of 280,000 farmers under the Suvarna Bhoomi project to help them to purchase agricultural inputs for farming operations, Agriculture Minister Umesh Katti said on Thursday.

Govt releases funds under Suvarna Bhoomi

Press Trust of India

The state government has released Rs 6 crore for the ensuing Dasara celebrations in Mysore.

Mysore Dasara gets 60% of the required funds

HDFC RED (Real Estate Destination), an online information hub for the buyers of residential properties, has added Nashik city on its portal that will provide information of residential properties in the city on its portal.

Nashik properties on HDFC Red's portal

In a significant move, Uttarakhand and Uttar Pradesh are holding talks to set up a Ganga management board to end the long-standing dispute for sharing of the river water.

Uttarakhand, UP agree to set up Ganga mgmt board

The current regime came to power in May 2007 and thenceforth 1,52,058 new industrial units have been established in UP.

UP sees consistent industrial growth since 2007 under Mayawati regime 

After excelling in the gross domestic product (GDP) growth, Uttarakhand is yet again on the top of the chart according to the annual health survey (AHS).

Uttarakhand excels in health, GDP

The Bill has all the right intentions but none of the clauses that can empower the seller and quell controversy over land acquisitions.

Will the new land bill get it right?

Thrissur-based gold loan company Manappuram Finance Ltd expects no impact from rising prices of the precious metal.

Gold prices not to impact M'puram margins

Virtusa Corporation, a US -based IT consulting, technology implementation and application outsourcing services provider with global delivery centres in Hyderabad and Chennai, has signed a memorandum of understanding (MoU) with Sathyabama University, Chennai.

Virtusa inks pact with Chennai varsity

The Centre today removed the free zone status to Hyderabad, the contentious issue that triggered the revival of pro-Telangana agitation in 2009. With this, the city of Hyderabad becomes part of the sixth zone that includes neighbouring districts of Telangana, for the purpose of recruitment in city police.

Centre removes free zone status to Hyd

The process of valuation of the items unearthed from five secret vaults in the Sree Padmanabha Swami temple is likely to be stalled thanks to the outcome of Devaprasnam. The astrological ritual that ended on Thursday came out with the view that the valuation of the treasure should not be carried out as it is against the will of the temple deity.

Devaprasnam outcome may stall valuation of temple treasure

Ban on sale of gutkha in plastic sachets, drop in production led to price rise.

Arecanut prices skyrocket in Karnataka

Matrix Partners, the US-based private equity firm with $3 billion under management, on Friday announced that it has invested Rs 45 crore through its India investment arm in Kids Clinic India Private Limited, a Bangalore-based provider of maternity and infant care under the brand Cloudnine. Matrix is the sole investor in the first institutional round of funding. With this fund infusion, Matrix has acquired a significant minority stake in Cloudnine.

Matrix invests Rs 45 cr in neo-natal hospital

Preethi Kitchen Appliances has set a sales target of Rs 560 crore in the current financial year as against Rs 425 crore in the last year.

Preethi Kitchen targets Rs 560 cr sales revenue 

Regional Airport-Holdings International Limited (RAHI), a private airport developer, on Friday announced that it will invest around Rs 3,000 crore in over 15 aviation infrastructure and services projects across the country over the next five years, the company said in a press release.

India's first private regional airports by mid-2012

With considerable rainfall of over 64 mm being received in Gujarat, the state has reduced its deficiency from 30 per cent about a fortnight ago to a mere 10 per cent.

Rainfall deficiency dips to 10% in Gujarat

What once used to be a fragmented industry is gradually gathering itself up, amidst fluctuating cotton prices, among other reasons. The denim industry in India is witnessing key players coming together to form an informal forum to take collective decisions on denim fabric and apparel prices and fight against rising costs.

Denim makers unite to battle high costs

Premium automotive clutch manufacturer, Setco Automotive Ltd, has posted a growth of 34.7 per cent on its net profit for the first quarter ended June 30 for the financial year 2011-12. Releasing its unaudited financial results for the first quarter, Setco Automotive stated that its net profit had risen to Rs 7.07 crore, from Rs 5.25 crore in the corresponding quarter previous year.

Setco Automotive Q1 net by 34.7%

The company&rsquo;s consolidated revenue has increased by 38.86 per cent to Rs 388.4 crores in the Q1 of FY 2011-12, against Rs 279.7 crores during the same corresponding period last year.

Ashoka Buildcon's revenue up 38.86%

After cancelling the bidding process last year, State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (Sidcul) has now received three new bids for developing logistic hubs in the hill state.

Uttarakhand gets bids for logistic hubs 

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