Page 37 - Bengaluru

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

Tejasvi Surya meets Shivakumar, requests key infra projects in B'luru South

Providing details on the meeting Surya said on 'X', "Met with the DyCM DK Shivakumar today and discussed important issues relating to Bengaluru city's infrastructure"

Heavy rains batter Bengaluru as monsoon intensifies, Shivakumar takes stock

Bengaluru saw its wettest November day since November 3, 2015 - when it received 95.3mm and also surpassed its November avg of 64.5mm

ENG vs AUS Highlights, World Cup 2023 Updates: Zampa wins it for Australia

England vs Australia Highlights, ICC Cricket World Cup 2023 Updates: Adam Zampa starred with both bat and ball and took a stunning catch in the field to take Aussies to their fifth straight win

World Cup semis chances: What happens if NZ vs PAK washed out in Bengaluru?

There are chances of rain washing out the New Zealand versus Pakistan Cricket World Cup 2023 match in Bengaluru on Saturday, November 4. Here's how the semi-final qualification scenarios change

SAP bets big on GenAI driven by strong demand for digital transformation

SAP has launched Build Code Solutions that offer AI-powered productivity tools for developers, optimised for Java and JavaScript development

Cricket World Cup 2023 ENG vs SL Playing 11, toss result, live streaming

ICC Cricket World Cup 2023, England vs Sri Lanka Playing 11: Sri Lanka will have the advantage of experienced Angelo Mathews. But will he play is the bigger question

Fire dept identifies 240 rooftop restaurants in Bengaluru violating norms

Karnataka State Fire and Emergency Services Department has identified over 240 rooftop restaurants in the city which have allegedly violated fire safety norms and license rules, officials said on Sunday. These include bars, hookah bars and pubs, they said. Following a massive fire that broke out at a cafe in a multi-storied commercial building in the posh Koramangala area here early this month, the fire department started inspecting various such premises to check if the fire safety norms in these establishments were complied with. "Since the major fire incident at Koramangala, we started inspecting such rooftop establishments and so far till October 26, the fire department has identified 243 premises which have violated fire related safety norms and license rules," a senior fire official said. The inspection is being carried out on daily basis on working days from Monday to Friday. A complied list of all these establishments which have violated fire safety norms has been sent to th

SA vs BAN: Quinton de Kock records highest score in India in World Cups

Quinton de Kock on his way to 174 against Bangladesh in ICC World Cup 2023 at Wankhede, demolishesd several records which also included the highest individual score on Indian soil in World Cup history

Ikea ordered to pay Rs 3,000 for asking customer to buy Rs 20 carry bag

Ikea will have to pay Sangeetha Bohra a sum of Rs 20 with interest, Rs 1,000 towards damages and Rs 2,000 towards litigation expenses

Cricket World Cup 2023 AUS vs PAK Playing 11, toss result and streaming

ICC Cricket World Cup 2023, Australia vs Pakistan streaming: Pakistan have one change in their Playing 11. Hotstar will live stream the Australia vs Pakistan World Cup match in India for free.