Page 17 - Bengaluru

SC reserves treasurer post for women lawyers in Bengaluru bar body

Exercising its plenary powers, the Supreme Court on Friday reserved the post of treasurer in Bengaluru advocates association for women lawyers. A bench of Justices Surya Kant and N Kotiswar Singh exercised its powers under Article 142 of the Constitution observing the election for the bar body was scheduled on February 2 and the nomination process was over. "We deem it appropriate to invoke our powers under Article 142 of Constitution and direct as follows - (i) the post of treasurer shall be exclusively earmarked for women candidates," it held. The court invoked its powers saying it was "high-time" to provide women reservation in different elected bodies of advocates and there were no express provisions in the memorandum and by-laws earmarking seats for women candidates of the association. The bench directed the high-powered committee constituted to oversee the election and the chief returning officer for the bar body polls to extend the date for inviting nominations and if requir

Govt to bring strict laws to regulate microfinance firms: K'taka Home Min

The Karnataka government is contemplating bringing in stringent laws to rein in microfinance companies, state Home Minister G Parameshwara said on Friday. With reports emerging from various parts of the state about people dying by suicide due to the "atrocities" of loan recovery agents, Chief Minister Siddaramaiah has convened a meeting to address the issue, he said. "Across the state, many people have been complaining that they are in trouble due to these microfinance companies. It has come to our notice that there are shortcomings in the existing laws," Parameshwara told reporters. He noted that while there are provisions in the law to recover money, there are also laws to protect borrowers. "There are several reports from our department highlighting the inadequacies in the existing laws. If stricter regulations are required, the government will introduce them," Parameshwara said. He added that the government has instructed microfinance companies to stop harassing ...

Bengaluru Namma Metro rail fares to get costlier by 30-40%: Details here

The Bangalore Metro Rail Corporation Limited (BMRCL) is increasing the ticket fare citing increasing operational costs

'Speak Kannada': Police mistake foreigner's call during burglary for prank

A Spanish national's emergency call for help went ignored by police due to language barrier in burglary incident in Bengaluru

Q3 FY25 for home developers: Flat pre-sale growth, strong revenue expected

Demand remains strong and developers expected to make launches, according to analysts

Jaishankar hails US Consulate opening in Bengaluru as key in India-US ties

Jaishankar highlighted several aspects of the India-US ties and said that the opening of the consulate was long due

US Consulate to open in Bengaluru on Jan 17, says BJP MP Tejasvi Surya

The long pending demand for a US Consulate in Bengaluru will become a reality on January 17. The Bengaluru South MP Tejasvi Surya made an announcement in this regard. "My dear Bengaluru, It's official. The US Consulate is opening on January 17th," the Bharatiya Janata Yuva Morcha (BJYM) national president said in a post on 'X'. He hailed Prime Minister Narendra Modi and External Affairs Minister S Jaishankar for making it possible. To convey his gratitude, the 34-year-old MP offered Mysore Pak to Jaishankar. "It's been made possible only and only because of PM @narendramodi and EAM @DrSJaishankar's efforts. What better way to thank our EAM than with our own Mysuru Pak!" Surya added. It has been a long-pending demand for a US Consulate in Bengaluru for hassle-free Visas. Till now, people have been travelling to Chennai or Hyderabad for a US visa.

Dublin-based Inspeq AI enters India market with office in Bengaluru

Dublin-headquartered AI-safety startup Inspeq AI on Thursday announced its foray into the India market with its first office in Bengaluru. The office has 25 staffers, with plans to hire an additional 50 employees over the next few months across engineering (software and service), operations, and client-facing roles, the company said in a statement. This will be the company's third global office, following the ones in Dublin and London. Founded in 2023 by Apoorva Kumar and Ramanujam Macharla Vijayakumar, Inspeq AI is an AI infrastructure firm. It provides an enterprise-ready LLM Ops platform to help developers integrate AI safely and responsibly in their enterprise AI applications, while also simultaneously improving these applications. The platform claims to accelerate the development of generative AI applications by up to four times and reduce development costs by as much as 70 per cent. "India represents a major market for Inspeq AI's growth as we work toward transforming busine

Takeda opens Bengaluru ICC, targets 750 employees to boost India presence

The flagship ICC in Bengaluru complements Takeda's existing centres in Slovakia and Mexico, highlighting its strategic focus on data and advanced digital technologies

Macrotech Developers buys 20-acre Bengaluru land, targets Rs 2,800 cr sales

Real estate company Macrotech Developers has acquired nearly 20-acre land parcel in Bengaluru for development of a housing project worth Rs 2,800 crore, as part of its expansion plan. Mumbai-based Macrotech Developers, which markets its properties under the Lodha brand, has been acquiring land through outright purchases as well as forming partnerships with landowners for the joint development. Out of the total, nearly 20 acre land was acquired in Bengaluru, the company has outright purchased some portion of land, while entering into joint development agreement with the landowner for the remaining part, sources said. In its latest operational update for the December quarter, Macrotech Developers informed that the company has added one new project in Bengaluru with GDV (gross development value) of Rs 2,800 crore. With this acquisition, the company now has five locations in Bengaluru. These are expected to provide opportunity for significant pre-sales growth in Bengaluru from next .

Kolkata overtakes Bengaluru as India's most congested city in 2024: Report

According to the traffic index released by TomTom, drivers in Kolkata needed an average of 34 minutes and 33 seconds to cover a distance of 10 km

Passenger traffic at Bengaluru airport grows 9% to 40.73 mn in 2024

Passenger traffic at Bangalore International Airport grew 9 per cent year-on-year to 40.73 million in 2024, driven by higher air traffic movements and the addition of new destinations, Bangalore International Airport Ltd (BIAL) has said. The airport handled 37.2 million passengers in January-December 2023, BIAL said. The airport also reported its highest-ever annual cargo tonnage of 496,227 MT in 2024, reflecting strong performance in international and domestic segments, it added. Bangalore Airport welcomed 40.73 million (4.07 crore) passengers in 2024 compared to 37.2 million (3.72 crore) in 2023, with the highest number of passengers in a single day getting recorded at 1,26,532 on October 20, the private airport operator said. Additionally, the airport recorded a peak of 782 Air Traffic Movements (ATMs) on October 17, 2024, with an annual average of 723 ATMs per day. Stating that the facility witnessed robust growth in both passenger and cargo traffic during 2024, BIAL said this

Brigade Group's mixed-use project in Hyd targets Rs 3,300 cr in home sales

The project spans approximately 10 acres and is designed to be Hyderabad's most integrated lifestyle mixed-use development

Bengaluru's industries most inclusive towards women: Avtar Group report

Bengaluru recorded an industrial inclusion score (IIS) of 81.33 in 2024, the highest in the country

Cybersecurity firm Rubrik expands in India with new Bengaluru office

Cybersecurity firm Rubrik on Wednesday announced its expansion plans in India with the opening of a new office space in Bengaluru. The new facility, which intends to replace the operations of the company's existing two offices in the city over a period of time, is expected to open by mid of 2025. "The new facility will combine product development, product management, customer support, and global recovery operations under one roof," a company statement said. Company co-founder and CEO Bipul Sinha also announced plans to hire talent from India for the expansion. "By investing in top engineering talent, we believe we will continue to create innovative solutions that enhance Rubrik's portfolio and support our global growth," he added. Sinha did not, however, provide a figure and timeline on the same. "India is in the midst of a massive digital transformation, and we believe there is a huge opportunity for Rubrik to help secure its digital future. There is a large pool of talent here.

Office leasing in 2024 rises 20.8%, records 72 msf in transactions: Report

One-fourth of total transactions concentrated in Bengaluru

'Stranger to boy': SC denies grandchild's custody to Atul Subhash's mother

The Supreme Court has rejected the custody plea of the four-year-old boy's paternal grandmother, citing her lack of familiarity with the child

Air India flight returns to Bengaluru airport after midair engine failure

Delhi bound flight, returned to Bengaluru for an emergency landing after one its engines failed mid-air

HMPV outbreak: India reports 5 cases, govt says there's no need to panic

Health Min says current data shows no unusual surge in influenza-like respiratory illnesses

Bengaluru techie suicide: Court refuses to quash complaint against wife

The Karnataka High Court has refused to stay order on abetment of suicide complaint filed against Atul Subhash's wife and family