Page 35 - Bengaluru

Booking Holdings opens new Bengaluru facility, to create 1,000 jobs by 2026

Online travel and related services provider Booking Holdings, which runs the website booking.com and agoda.com among others, on Wednesday announced the official opening of its centre of excellence in Bengaluru. The new facility which will serve as a hub for specialised and highly skilled technology talent supporting the company's growth and vision, the company said in a press release. With a projected investment of USD 250 million over five years, it is expected that 1,000 jobs will be created in Bengaluru by the end of 2026, the release said. Booking Holdings India General Manager Randhir Bindra said the centre will enable the company to tap into the city's world-class talent pool. It will further accelerate innovation to support transformation of the travel experience and unlock new potential for the company to meet the ever-evolving needs of its business and customers, he added. Initially, the work of the centre will focus on expanding capabilities in fintech, data analytics an

Karnataka to unveil revised biotech policy: CM at Bengaluru Tech Summit

Karnataka Chief Minister Siddaramaiah on Wednesday said the government would unveil a revised biotech policy at the Bengaluru Tech Summit-2023, an annual global tech event which took off here. Speaking at the inauguration of the three-day BTS, Siddaramaiah also said the state is set to launch the Animation, Visual Effects, Gaming, Comics, and Extended Reality (AVGC-XR) policy. "As we continue to champion advancements in biotechnology, I am thrilled to announce that revised biotech policy is set to be unveiled at the Bangalore Tech Summit," the chief minister said. This policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector, he added. Siddaramaiah said that recognising the evolving landscape technology and creativity, the Karnataka government understands the importance of animation, visual effects, gaming, and comics. "It gives me immense pleasure to share that the Government of Karnataka is set to launch

30-plus countries to participate in Bengaluru Tech Summit starting tomorrow

The Karnataka government's annual global Bengaluru Tech Summit (BTS) will begin on Wednesday, bringing together tech leaders, startups, investors and research labs from 30-plus countries. Organised by the Karnataka's government's Department of Information Technology and Biotechnology along with the union government's Software Technology Parks of India, the three-day 26th BTS, with the theme 'Breaking Boundaries', will be inaugurated by Chief Minister Siddaramaiah at Palace Grounds here. Kazakhstan's Minister of Digital Development, Innovations and Aerospace Industry Bagdat Mussin and Semiconductor company AMD's EVP & CTO Mark Papermaster will be among the VIP dignitaries present at the inauguration. A recorded message from Finland's Minister of Science and Culture Sari Multala as well as one from Germany's Minister of Digital Affairs and Transport Volker Wissing will be relayed at the opening event. Key figures from Indian industry, including Rishad Premji, Executive Chairman of .

Bengaluru suburban railway project to start soon: Ashwini Vaishnaw

Railway Minister Ashwini Vaishnaw on Monday said the Bengaluru Suburban Railway Project (BSRP) will start soon and it will not suffer due to the lack of a full time dedicated Managing Director in the joint venture company K-RIDE. He also noted that the Railways was planning to develop a circular railway network around Bengaluru to check traffic woes and Rs seven crore has been sanctioned to conduct a pre-feasibility test. During a media interaction after a meeting with the officials of South Western Railway and the Rail Infrastructure Development Company (Karnataka) (K-RIDE), the minister said the Centre will take up the BSRP with 'full emphasis, full focus and full sincerity'. I think that the time will soon come. Our government, when we started the journey in 2014 at the central level, things changed a lot, Vaishnaw said replying to a question on the reason behind delay in completing the project. K-RIDE is a joint venture between the central government and Karnataka ...

Defamation case: Sultanpur court summons Rahul over remarks on Amit Shah

An MP-MLA court has summoned Congress leader Rahul Gandhi in a 2018 defamation case over alleged "objectionable" comments he made against Union minister Amit Shah, the petitioner's counsel said. During a hearing on the case on Monday, MP/MLA court judge Yogesh Yadav summoned Gandhi on December 16, advocate Santosh Pandey said. The defamation case was filed by BJP leader Vijay Mishra in 2018 against the Congress leader for allegedly making "objectionable" comments against Shah at a press conference in Bengaluru. The complainant had referred to Gandhi's comment that the BJP which claims to believe in honest and clean politics has a party president who is an "accused" in a murder case. Shah was the BJP president when Gandhi made the remark. About four years before Gandhi's remark, a special CBI court in Mumbai had discharged Shah in a 2005 fake encounter case when Shah was a minister of state for home in Gujarat.

Bengaluru civic body's climate action plan aims to achieve net-zero by 2050

The Bruhat Bengaluru Mahanagara Palike (BBMP) on Monday launched the Bengaluru Climate Action and Resilience Plan (BCAP) with an eye to achieving net-zero by 2050 to create a roadmap for a safer, healthier and more equitable city. With this initiative, the city's civic body said it plans to make Bengaluru one of the few cities in the world, and the third city in India, to have a global standard climate action plan. As part of the city's C40 cities commitment, Bengaluru has been preparing a data-driven, inclusive and collaborative climate action plan with a focus on reducing greenhouse gas (GHG) emissions and building healthy, equitable and resilient communities. C40 is a global network of nearly 100 Mayors of the world's leading cities that are united in action to confront the climate crisis. As a part of the launch, BBMP has also announced two priority initiatives that will be taken up immediately including creation of a Climate Action Cell at BBMP to facilitate efficient ...

Bengaluru airport won't ask you to put gadgets in plastic trays. Here's why

Bengaluru's Kempegowda International Airport (KIA) will be the first airport in India to begin passenger trials for the Computer Tomography X-ray (CTX) machine

Prestige Estates expects Rs 550 cr from new housing project in Bengaluru

Realty firm Prestige Estates Projects Ltd expects Rs 550 crore revenue from its new residential project in Bengaluru. The company has launched a new housing project, 'Prestige Glenbrook' in the heart of Whitefield, Bengaluru's IT hub. "The development comprises 285 apartments across two high-rise towers with a developable area of 0.7 million square feet and has a revenue potential of Rs 550 crore," Prestige said in a regulatory filing on Thursday. Prestige Estates expects its sale bookings to rise 55 per cent this fiscal to touch an all-time high of Rs 20,000 crore on strong demand for residential properties. Its sale bookings stood at Rs 12,931 crore in 202223. "We have done pre-sales of around Rs 11,000 crore in the first two quarters. We had guided around Rs 16,000 crore (for the entire 2023-24). But having done Rs 11,000 crore of sales in the first six months, the team is very confident. Once all the approvals come and launches happen, we should cross Rs 20,000 crore," Prestig

MANA Projects to invest Rs 500 cr in luxury housing project in Bengaluru

Realty firm MANA Projects will invest around Rs 500 crore to develop a luxury housing project in Bengaluru as it seeks to tap the rising demand for premium properties. Bengaluru-based MANA has launched a residential project which is spread over 6.39 acres and comprises 680 flats at Sarjapur Road. D Kishore Reddy, Chairman and Managing Director of MANA, said the project 'MANA Dale' will be completed over the next four years. The starting price is Rs 1.60 crore per unit. When asked about investment to develop this project, Reddy said the project cost is estimated at around Rs 500 crore. "With this launch, we further extend our presence in East Bengaluru," he said. Founded in 2000, the company is mainly into the development of residential projects. Housing demand has been strong since the last two years on pent up demand. According to real estate consultant Anarock data, housing sales rose 36 per cent year-on-year to a record 1,20,280 units across seven major cities during the ...

Bengaluru office market dips in Q3, Hyderabad sees sharp jump: Report

7 Indian cities clock 21% growth in office leasing; 26% increase in new supply

Macrotech to invest Rs 800 cr to construct 2 housing projects in Bengaluru

Macrotech Developers will invest about Rs 800 crore to construct two housing projects in Bengaluru where it has entered to expand business amid strong demand, its MD & CEO Abhishek Lodha said. Macrotech Developers, which markets its properties under Lodha brand, has a significant presence in Mumbai Metropolitan Region (MMR) and Pune. In June last year, the company had announced its entry in the Bengaluru market by forming a joint venture to develop its first housing project. Later, it added one more housing project in the IT city. Macrotech Developers this month launched its first residential project in Bengaluru. "We are targeting to launch the second project in the fourth quarter of this fiscal. It may slip to the first quarter of the next financial year," Lodha told PTI. Asked about construction cost of these two projects, he said it is estimated to be Rs 800 crore. The gross development value or sales value is expected to be around Rs 2,500 crore from these two projects, Lodh

Brigade to develop 2 mn sq. ft. of residential housing space in Bengaluru

Project estimated to yield revenue of Rs 2,100 crore on completion

BJP central observers in B'luru for legislature meeting to finalise LOP

BJP's central observers -- Union Finance Minister Nirmala Sitharaman and party's national general secretary Dushyant Kumar Gautam -- arrived in Bengaluru on Friday for the BJP Legislature Party meeting this evening where the Leader of Opposition in the assembly is slated to be chosen. The newly appointed BJP state president B Y Vijayendra, son of party veteran B S Yediyurappa, received Sitharaman, a Rajya Sabha member from the State, and Kumar at the airport. Senior BJP MLA and former Deputy Chief Minister R Ashoka on Thursday said he along with four to five other legislators are aspirants for the post. Ashoka, V Sunil Kumar, C N Ashwath Narayan and Araga Jnanendra are among the front-runners for the position, according to some reports. The BJP central leadership made the announcement on the appointment of Vijayendra last week. The BJP is the principal opposition party in the state. The previous assembly session in July was held without the Leader of the Opposition. In the elect

AstraZeneca Pharma India plans to sell its production plant in Bengaluru

AstraZeneca Pharma India plans to sell its production facility in Bengaluru as part of a strategic review of global manufacturing and supply network by its parent, according to a regulatory filing. The company remains committed to advance access to innovative medicines in India, with a clear ambition to be pioneers in science, lead in specialist disease areas, and transform patient outcomes, AstraZeneca Pharma India said in a regulatory filing on Thursday. "As a part of AstraZeneca's ongoing strategic review of its global manufacturing and supply network, the company intends to exit the manufacturing site in Bangalore, in due course," it added. The company will position the manufacturing site for sale in a fully operational manner and begin a search for a buyer who can also act as a contract manufacturing organisation (CMO) for its products currently manufactured or packaged at the site, subject to receipt of necessary statutory approvals, the drug firm said. The company is fully .

India core to our products and services: JPMorgan Chase CIO Lori Beer

Even in terms of its technology investment, the US recessionary trend has not impacted it, she said. Its tech budgets over the period have only been increasing, Beer added

IND vs NED Highlights, World Cup 2023: India enter semi-finals unbeaten

India vs the Netherlands Highlights, ICC Cricket World Cup 2023: India scored 411 runs and then bowled out the Dutch for 250 to earn a big 161-run win to enter the semi-finals unbeaten

Cricket World Cup 2023 IND vs NED Playing 11, toss result & live streaming

ICC Cricket World Cup 2023, India vs Netherlands live streaming: Hotstar will livestream India vs Netherlands World Cup match in India for free (mobile users).

Karnataka aims to attract Rs 40,000 cr, generate 80,000 jobs in new city

The new investment region will be spread over 2,000 acres within 60 km from Bengaluru and developed in a phased manner

Brigade Enterprises expects robust broad-based growth in next few quarters

Under real estate, Brigade caters to both residential and commercial spaces. Brigade provides the largest commercial space in Bengaluru at 3.5 million square feet

NZ vs SL Highlights, World Cup 2023: Kiwis win big; push PAK, AFG out

New Zealand vs Sri Lanka Highlights, ICC Cricket World Cup 2023: The Kiwis won the match in just 23.2 overs to boost their net run rate and make sure Pakistan and Afghanistan don't have any chance