Page 18 - Bengaluru

India records 15% increase in GCC lease deals in 2024: Knight Frank

Bengaluru emerging as the most preferred market

Nexus Select Trust acquires Vega City Mall in Bengaluru for Rs 913 crore

This is Nexus Select's fourth mall acquisition in Bengaluru, making it the largest retail platform in the city in terms of the number of malls

Epsilon plans to invest Rs 15,350 cr for EV battery facility in Karnataka

Epsilon Group on Wednesday announced its plan to invest Rs 15,350 crore in developing a manufacturing and research facility for EV battery testing and advanced materials in Karnataka. A Memorandum of Understanding (MoU) with the Government of Karnataka (GoK) has been signed to this effect at the Invest Karnataka Summit in Bengaluru, Epsilon said. This strategic investment, planned over the next 10 years, will bolster India's Electric Vehicle (EV) ecosystem, creating thousands of jobs, and strengthen India's position as a hub for advanced battery technology, it said. As part of the MoU, Epsilon Group, along with its subsidiaries Epsilon Advanced Materials and Epsilon CAM Pvt Ltd will manufacture sustainable and high-performance Graphite Anode and Lithium Iron Phosphate (LFP) Cathode battery materials while Inspire Energy Research Center Pvt Ltd will focus on R&D, testing and training for EV battery materials and battery manufacturers. The plan includes an investment of Rs 9,000 ...

Rajnath Singh calls Aero India 2025 a Maha Kumbh of research & innovation

Aero India 2025: Defence Minister Rajnath Singh said that India continues to be a beacon of peace and prosperity despite geopolitical turbulence

Defence minister to inaugurate Aero India 2025 in Bengaluru on Monday

The 15th edition of Aero India, Asia's largest aerospace and defence exhibition, will be held at the Yelahanka Air Force Station in Bengaluru from February 10 to 14

Aero India: Defence minister visits HAL's production facility in Bengaluru

After arriving at HAL Airport, Singh visited the state-of-the-art Light Combat Aircraft (LCA) MK1A production facility of HAL

WATCH: Bengaluru cop pulls the plug on Ed Sheeran's street performance

The police officers on duty, unaware of Ed Sheeran's identity, instructed him to stop performing as he had not obtained the required permissions

Aero India 2025: Traffic advisory issued ahead of air show in Bengaluru

Bengaluru police issued traffic advisory, including restrictions and diversions at many places near the Yelahanka Air Force Station from February 10 to 14

Rahul Dravid in heated argument after minor road accident in Bengaluru

Eyewitnesses say Dravid appeared upset, but the situation did not escalate further

Transfer passengers' share likely to double in 10 years, says BIAL COO

In an interview with Business Standard, he said about five years ago, the share of transfer traffic in the airport's overall traffic was about six per cent

K'taka govt issues ordinance to assert control over Bengaluru palace land

The Karnataka government has issued an ordinance to assert its rights over the expansive Bangalore Palace grounds, which spans 472 acres and 16 guntas near Mehkri Circle here. The move follows the state cabinet's decision on January 24 to reject the issuance of Transferable Development Rights (TDR) to the Mysuru royal family for acquiring nearly 16 acres of land within the palace grounds. According to the state government, granting TDR for the Bangalore Palace grounds would not be in the best interests of the state. The cabinet had expressed concerns that paying Rs 3,014 crore to acquire 16 acres of land for the development of just two kilometers of road would not be economically beneficial for the state. The ordinance aims to regulate and determine the utilisation of the land under the Bangalore Palace (Acquisition and Transfer) Act, 1996, which vests ownership of the land with Karnataka. The total value of the entire 472-acre property has been assessed at Rs 11 crore as per the .

Infosys co-founder, former IISc director booked under SC/ST Atrocities Act

The case was filed at Bengaluru's Sadashiva Nagar Police Station following directives from the 71st City Civil and Sessions Court

Fidelity International doubles office space to 50,000 sq ft in Bengaluru

In July 2023, Fidelity expanded its presence in India by opening its first office in Bengaluru, adding to existing locations in Gurugram and Mumbai

Dy CM DK Shivakumar urges Sitharaman to fund Bengaluru infra projects

Karnataka Deputy Chief Minister D K Shivakumar has written to Union Finance Minister Nirmala Sitharaman, requesting the inclusion of more infrastructural projects in Bengaluru in the upcoming Union Budget 2025-26 to reflect its status as the 'Silicon Valley of India'. The letter dated January 23 emphasised that, as a Member of Parliament representing Karnataka, Sitharaman must be aware that Bengaluru, with nearly 1.5 crore residents, urgently requires major infrastructure projects to sustain its growth and maintain its status as a leading technological hub. In his letter, Shivakumar highlighted key infrastructure projects for Bengaluru proposed by the state government that require financial assistance from the Centre. According to him, one of the crucial projects for the city is an underground vehicular tunnel. He mentioned that the East-to-West corridor, spanning 28.5 km from K R Puram Circle to Nayandahalli Junction on Mysore Road and estimated to cost approximately Rs 25,000 cro

'Bengaluru closed for North India' post fuels Kannada language debate

A social media post stating that "Bengaluru is closed for North India" has gone viral, generating debate about the Kannada language row online. In a post on 'X', a social media user stated: "Bengaluru is closed for North India and neighbouring states who don't want to learn Kannada. They don't need Bengaluru if they can't respect the language and culture." The recent post by Babruvahana (@Paarmatma) has garnered significant attention, with over 115,000 views, 198 reposts, and 1,839 likes. (at the time this was written) Reacting to the post, a social media user who claimed to be a "migrant to Bengaluru" said the post might sound a bit harsh. "But whenever I see people in Bengaluru completely disregard Kannada as some sort of tribal language and even look down on those who speak Kannada as illiterates, even in corporate offices, I feel very pained. Kannada is a phenomenally rich language that has received the most literary awards, including Sahitya Akademi and Jnanpith awards (sic),"

Birla, Mitsubishi Estate ink JV to invest Rs 560 cr in new housing project

Aditya Birla Real Estate Ltd arm Birla Estates has entered into a joint venture with Mitsubishi Estate Co Ltd (MEC) and will invest Rs 560 crore to develop a housing project in Bengaluru. Birla Estates Pvt Ltd has entered a joint venture with Mitsubishi Estate Co Ltd for a Rs 560 crore investment in a residential housing development in Southeast Bengaluru through a special purpose vehicle (SPV). Under the partnership, Birla Estates and MJR Investment Pte Ltd (MIPL), an affiliate of MEC, will share 51:49 economic interest, respectively, in the SPV. The SPV will lead the development of the premium residential project, which spans 40 lakh square feet of built-up area. KT Jithendran, MD & CEO of Birla Estates, said, "We are pleased to announce our strategic collaboration with Mitsubishi Estate, marking its maiden investment in India's residential real estate sector, to develop premium residential project". Birla Estates develops premium residential housing in key markets. The company

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