Page 5 - Bengaluru

DRI imposes ₹102 cr penalty on actress Ranya Rao in gold smuggling case

The Directorate of Revenue Intelligence has imposed a fine of Rs 102 crore on Kannada film actress Ranya Rao in a gold smuggling case, DRI sources said on Tuesday. Along with her, three others were also imposed hefty fine of over Rs 50 crore. The DRI officials on Tuesday served the penalty notice running 2,500 pages to the actress and others presently in the Bengaluru Central Jail. According to sources in the DRI, the actress was caught with 14.8 kg gold on March 3 at the Kempegowda International Airport in Bengaluru on her arrival from Dubai. Rao is the step-daughter of Director General of Police rank officer K Ramachandra Rao.

Apple launches first retail store in Bengaluru to expand reach in India

Apple on Tuesday opened its first retail store in Bengaluru, marking its debut in south India and the company's third outlet in the country. Named Apple Hebbal, the store will offer customers the full range of Apple products, services, and support, along with free Today at Apple sessions designed to help users get the most out of their devices, the company said in a statement. Apple launched its first India store, Apple BKC, in Mumbai, followed by Apple Saket in Delhi, in addition to its online platform. We're delighted to open Apple Hebbal, a community hub that celebrates Bengaluru's spirit of innovation, said Deirdre O'Brien, Apple's senior vice president of Retail and People. We can't wait to connect with people here and inspire them to create, collaborate, and do amazing things with Apple. We're excited to continue bringing Apple experiences to customers across India, who inspire us with their creativity and passion, O'Brien added. At Apple Hebbal, customers can explore the la

Apple inaugurates 3rd India store in Bengaluru; open for public from Sept 2

The iPhone maker expands retail presence beyond Mumbai and Delhi as it targets India's growing smartphone market

Sanjeevini Group eyes ₹1,200 cr from Bengaluru's new housing project

Realty firm Sanjeevini Group on Sunday said it is expecting a revenue of about Rs 1,200 crore from its new housing project in Bengaluru. The company has launched a luxury residential project "The Adwaith", spread over 8.3 acres and comprising 668 units, atGunjur in Bengaluru East. The total sales potential of this project is Rs 1,200 crore, the company said in a statement. The project will be developed under a joint development model with landowner. The total built-up area is about 17 lakh sq ft. The units are priced upwards of Rs 1.7 crore. Umesh Gowda H A, Chairman and Founder of Sanjeevini Group, said the company has launched a new project at Gunjur, which is a growing micromarket in Bengaluru because of its good connectivity with other parts of the city. The project is expected to be delivered in 30 months. Sales of residential properties have risen sharply post-Covid pandemic on pent-up demand, growing preference of having home-ownership. Sanjeevini Group has developed over

Bengaluru court orders removal of defamatory content on Dharmasthala Temple

A court here on Friday ordered the immediate removal of defamatory content targeting the Dharmasthala temple and its hereditary head, D Veerendra Heggade and his family in connection with the mass burial case. The 17th Additional City Civil and Sessions court's ruling follows the Supreme Court's earlier directions in a related petition. The order comes after a civil defamation suit was filed by Heggade's brother D Harshendra Kumar, who sought relief against defamatory remarks circulated by activist Mahesh Shetty Timarodi, Girish Mattannavar, Jayanth T, and others allegedly linked to the so-called 'Burude (skull) Gang'. The court, after examining videos, WhatsApp chats, Instagram posts, and Facebook reels, held that the allegations were baseless and damaging. It granted an injunction against further defamatory activity and directed platforms to delete objectionable videos and posts. Earlier, the Karnataka High Court had set aside an interim injunction, prompting Harshendra Kumar to

Biocon chief Kiran Mazumdar-Shaw lauds Bengaluru talent, slams poor infra

Biocon Biologics chief urged swift fixes to garbage, debris and roads, saying Bengaluru can be among the world's best; Deputy CM Shivakumar assured action

Bengaluru Airport first in India to get Level-2 Accessibility Accreditation

Kempegowda International Airport Bengaluru (BLR Airport) has become the first airport in India to receive Level-2 Accreditation under Airports Council International's (ACI) Accessibility Enhancement Accreditation (AEA) programme, airport authorities said on Thursday. This milestone places Bengaluru Airport among a select group of airports globally recognised for embedding accessibility into strategy, policy, and passenger experience, the Bangalore International Airport Limited (BIAL), which manages KIA, said in a statement. The AEA programme, the world's only initiative dedicated to benchmarking and advancing accessibility in aviation, evaluates airports on facilities, services, and governance, recognising continuous improvements for Persons with Reduced Mobility (PRMs) and Persons with Disabilities (PwDs). Satyaki Raghunath, Chief Operating Officer of BIAK, said, "We are honoured to be awarded the Level-2 Accreditation under ACI's Airport Accessibility Enhancement programme. At BLR

Reit penetration in office market can reach 25-30% by 2030: Colliers India

Colliers report highlights 371 mn sq ft of Grade A office stock in India holds REIT potential, led by Bengaluru and Hyderabad, with demand from GCCs and BFSI firms driving growth

Promise profits, not land: Indian states need a new investor playbook

India's states should compete for investment by offering better infrastructure, fewer processes, and smarter regulations, not larger land holdings or bigger subsidies

Siddaramaiah blames 'mass hysteria' for Bengaluru stampede at RCB parade

Karnataka CM Siddaramaiah blamed 'mass hysteria' for the Bengaluru stampede, recalling 20 stampedes in BJP-ruled states, while BJP said he and Dy CM Shivakumar must take blame

Apple to open third India store, 'Apple Hebbal', in Bengaluru on Sept 2

Apple will open its third India store, Apple Hebbal, at Phoenix Mall of Asia in Bengaluru, days before the iPhone 17 launch, offering full product lineup, expert support and free workshops

Apple rents 270K sq ft office space in B'luru, to pay ₹1K cr in 10 years

Apple India signs a 10-year lease for 2.7 lakh sq ft office space in Embassy Zenith, Bengaluru, with a total rental outlay of Rs 1010 crore, marking its second office in India's tech hub

Air India Express flight aborts first landing at Gwalior, lands safely

An Air India Express flight from Bengaluru with 160 passengers on board failed to land at the Gwalior airport in the first attempt on Saturday afternoon but landed safely in the second attempt, an official said. The airline said the flight "conducted a go-around followed by a safe and uneventful landing". The aircraft later took off for Bengaluru and reached there safely, Gwalior airport director A K Goswami told PTI. The failure to land in the first attempt caused panic among the passengers for a brief while, he said. "Technical staff examined the aircraft after landing and found no fault," he added. Goswami also said that a failure to land in the first attempt is a normal occurrence. Some passengers lodged complaints with the airport and airline officials after deboarding, another official said. An Air India Express spokesperson said in a statement that "one of our aircraft conducted a go-around followed by a safe and uneventful landing at Gwalior". "Crew are trained to carry

Bengaluru's Sarjapur, Thanisandra see 80% rise in housing prices: Report

Bengaluru's Sarjapur Road and Thanisandra Main Road have witnessed around 80 per cent growth in average housing prices in the past three and a half years, according to Anarock. Real estate consultant Anarock data showed that the average housing prices at Sarjapur Road appreciated by 79 per cent to Rs 10,800 per sq ft in April-June this year from Rs 6,050 per sq ft at 2021-end. Thanisandra Main Road, located in the north Bengaluru, saw an 81 per increase in prices to Rs 9,700 per sq ft from Rs 5,345 per sq ft. "Sarjapur Road has long been part of Bengaluru's eastern IT corridor, but the promise of the Red Line Namma Metro connecting Hebbal to Sarjapur has fuelled a fresh wave of interest," the consultant said. Thanisandra Main Road's proximity to Manyata Tech Park and improving road connectivity have made it a magnet for mid-to-upper-income IT professionals, it added. Rental values too have increased sharply at Sarjapur Road and Thanisandra Main Road by 81 per cent. Across 14 ke

PM flags off 3 Vande Bharat trains, inaugrates a metro line in Bengaluru

Prime Minister Narendra Modi flagged off three Vande Bharat Express trains here on Sunday. While the much-awaited BengaluruBelagavi Vande Bharat Express was flagged off by Modi in person; the Shri Mata Vaishno Devi KatraAmritsar, and Ajni (Nagpur)Pune Vande Bharat services, were launched virtually. These trains will significantly enhance regional connectivity, reduce travel time and provide a "world-class" travel experience to the passengers, officials said. Karnataka Governor Thaawarchand Gehlot, Chief Minister Siddaramaiah, Union Minister for Railways Ashwini Vaishnaw, among others were present. A large number of people who had gathered on both sides of the road greeted the Prime Minister with "Modi, Modi" slogans as his convoy made its way towards the railway station. Modi too responded by waving at them from inside his car. The BengaluruBelagavi Vande Bharat Express will be the 11th Vande Bharat service to operate in Karnataka. Covering 611 km in just 8.5 hours, it is the fa

Karnataka gears up for PM Modi's visit to inaugurate development projects

Preparations are ongoing near Ragigudda Metro Station, and Bellary Road has been decorated ahead of the event

Sumadhura Group invests ₹1,000 cr in Capitol Towers for commercial use

Sumadhura Group secures long-term leases from global tenants at its Capitol Towers tech park in Whitefield, projecting Rs 50 crore annual revenue from 5 lakh sq ft of space

SAP Labs opens second campus in Bengaluru with €194 mn investment

The new facility will host 15,000 employees as SAP strengthens its AI-led R&D footprint in India, its largest base outside Germany, aiming to double client productivity

IndiGo commences construction work for new MRO facility in Bengaluru

Domestic carrier IndiGo has commenced construction work on its new maintenance, repair and overhaul (MRO) facility here, with the groundbreaking ceremony taking place at the Kempegowda International Airport on Tuesday. To be built on 31 acres of land, theO with a capacity of up to 12 bays and the capability to handle both narrow and wide-body aircraft will be fully functional by 2028, IndiGo said. The ceremony was attended by the Commissioner for Industries in the Karnataka Government, Gunjan Krishna, IndiGo Chief Executive Officer Pieter Elbers, Bangalore International Airport Ltd's CEO Hari Marar, among others. IndiGo had signed a memorandum of understanding with BIAL for the allocation of land in May. This facility will also create over a thousand jobs across engineers, technicians and several more, further contributing towards nation building, IndiGo said. "We are very excited as we commence the project to build this grandO facility in Bengaluru. This also strengthens our ...

Assetz acquires 11.5 acres in Bengaluru for ₹1,400 crore housing project

Luxury housing project on East Bengaluru's Old Madras Road to span 1.4 mn sq ft and 800 units, backed by Motilal Oswal Alternates and partnered with Vanshee Builders