Page 18 - Karnataka

Baldota Group to enter steel sector with ₹54,000-cr project in Karnataka

Renewable energy player Baldota Group on Thursday said it plans to foray into the steel sector with an investment of Rs 54,000 crore for setting up a project in Karnataka with up to 10.5 million tonnes of (MT) production capacity. Once commissioned, the greenfield project will be the second largest steel plant in the state, creating lakhs of direct and indirect jobs, said Nagaraj N B, Vice President of the Integrated Steel Project in a company statement. According to the Karnataka-based diversified group, it currently operates in the areas of renewable energy (wind and solar), shipping, pellets, gases and mining. "We have received environmental clearance from the Ministry of Environment, Forest and Climate Change (MoEF&CC) for 3.5 MT capacity after an Environmental Impact Assessment (EIA) study. The first phase of project is expected to start this year," he added. The rest of the capacity will be added in phases over the next five years up to 2030, Nagaraj N B said. By 2030, India

ED arrests ex-chairman of Karnataka co-op bank in Rs 63-crore fraud case

The Enforcement Directorate on Wednesday arrested a former chairman of a Karnataka-based cooperative bank for alleged financial irregularities of about Rs 63 crore at one of its branches. R M Manjunatha Gowda was taken into custody under the Prevention of Money Laundering Act (PMLA) and produced before a special court in Bengaluru, which sent him to ED custody for 14 days, the federal probe agency said in a statement. The arrest came a day after the ED carried out raids in Bengaluru and Shivamogga districts of Karnataka in the probe against the financial affairs of the Shimoga District Co-Operative Central Bank, City Branch. "Large-scale misappropriation of funds took place at the said branch which was orchestrated primarily by the branch manager, B Shobha, on the instructions of Gowda," the ED alleged. The two and their legal representatives could not be contacted for comment on the ED's charges. According to the chargesheet filed by Lokayukta Police (of Karnataka Police), the E

CM's economic advisor denies saying 'K'taka is No. 1 in corruption'

Chief Minister Siddaramaiah's economic advisor, Basavaraj Rayareddi, on Wednesday said he never claimed that "Karnataka is number one in corruption" during the tenure of the present Congress government. Rayareddi issued a clarification after a few publications in Karnataka reported that, during a review meeting by a committee for the redressal of regional imbalance, he had told officers that Karnataka tops the country in corruption. Accusing the media of twisting his statement made in Koppal, the Yelburga Congress MLA said he had only highlighted the perception that "Karnataka is branded as the most corrupt state", which, he said, is unfortunate. "I did not say that corruption has increased during Chief Minister Siddaramaiah's tenure. It's a phenomenon that has been prevailing for the past two to three decades," Rayareddi told reporters here. Insisting that he never made such a statement at a press conference, Rayareddi claimed, "I never said Karnataka is the number one corrupt sta

Is bottled water really safe? Karnataka tests raise serious concerns

Health Minister on Tuesday said that two-thirds of the bottled water samples collected for quality analysis from across the state are either totally unsafe or of poor quality

Karnataka HC lifts NCLT freeze on Aakash Educational Services stake sale

The NCLT, Bengaluru, had on March 27 ordered status quo on the shareholding of Aakash Educational Services Limited

2nd PUC Toppers List 2025: Check toppers from art, commerce, & science here

Karnataka 2nd PUC toppers list: The KSEAB released the Karnataka 2nd PUC result 2025 on its official website. Check out the complete toppers list

Karnataka 2nd PUC Results 2025 out: 73.45% class 12th students pass

The Karnataka School Examination and Assessment Board (KSEAB) is set to declare the Class 12 (2nd PUC) results today at 12:30 PM. Students can view their scores on the website at karresults.nic.in

Centre receives demand for 15,000 electric buses from three states

The four states are Gujarat, Telangana and Karnataka

Karnataka, Chile sign letter of intent to strengthen innovation, tech ties

In a significant step towards fostering international collaboration in science, technology, and innovation, the Karnataka government on Saturday announced that it has signed a Letter of Intent (LoI) with the Government of Chile during the Innovation Summit held in Bengaluru. The summit was organised as part of the official visit of H E Gabriel Boric, President of Chile, and his accompanying high-level delegation to India. According to an official statement, the LoI aims to establish a framework for mutual cooperation between Karnataka and Chile in key areas, including emerging technologies, startups, research and development, knowledge exchange, and skill development. The agreement reflects a shared commitment to deepen innovation-driven engagement and create pathways for collaborative growth between the two regions. Notably, Chile becomes the first Latin American country to partner with Karnataka under the Global Innovation Alliance (GIA) - a flagship initiative through which the

70% of maternal deaths could have been prevented in Karnataka: Report

The audit noted negligence by service providers as a contributing factor in several cases, and disciplinary action has been recommended for 10 individuals

HC denies interim relief to X in its case against Centre's Sahyog Portal

The matter has now been posted for hearing on April 24

Tata Advanced Systems buys 7.4 lakh sq ft land in Karnataka for Rs 29 cr

The firm has purchased the land for aircraft manufacturing - final assembly line including maintenance, repair, and overhaul (MRO)

When Waqf land claims turned lives upside down in Kerala and Karnataka

For decades, families in Kerala's Munambam and Karnataka's Vijayapura have fought legal battles over land they have lived on for generations - land now claimed as Waqf property

Karnataka 2nd PUC Result 2025: When and where to check results and more

Karnataka 2nd PUC results will not be declared this week by the Karnataka School Exams and Assessment Board (KSEAB). As per an Indian Express report, the evaluation is still under progress

Muda scam case: ED challenges closure report involving Siddaramaiah

The ED has challenged the closure report filed by the Lokayukta police in the MUDA site allotment case involving Karnataka Chief Minister Siddaramaiah and others. The Enforcement Directorate (ED) filed a protest petition on Tuesday before the Special Court for MPs and MLAs against the Lokayukta police, stating that it is the aggrieved party in the case. The central agency quoted the statement of objects and reasons of PMLA-2002 in its petition, which read, "It is being realised, world over, that money laundering poses a serious threat not only to the financial systems of countries, but also their integrity and sovereignty. The ED said the state (country) comes under the definition of victim' of Money Laundering offence. It further said the agency should be construed as an aggrieved person, as they are the prosecutors under the Prevention of Money Laundering Act and thus it has a right or locus standi to protest or to be heard before any order is passed on the closure report filed b

BJP launches state-wide demonstrations in Karnataka over rising prices

The opposition BJP on Wednesday launched state-wide protests against the Karnataka government, alleging that it "failed" to contain rising prices. The BJP staged demonstrations at the district and Taluk headquarters with the party planning more protests till April 13. In Bengaluru, the BJP state president B Y Vijayendra and his father B S Yediyurappa led the protests at Freedom Park. Leader of Opposition in the Karnataka Assembly and Council, R Ashoka and Chalavadi Narayanaswamy, MLAs and several former ministers took part in it. Addressing the gathering, Vijayendra alleged that the government has deceived the public and is negatively impacting the poor. This is not the government which does what it says but it's the one which is misleading people. The government is branding the poor with the price rise. No one is living peacefully. The way the government increased the prices of petrol and diesel, milk, stamp duty and medical expenses should be an eye-opener, he said. According t

'Our govt understands hardship, BJP only plays politics': DK Shivakumar

He added that the decision to increase water prices came due to "unavoidable necessity", but the government was not raising the prices "excessively" since it would affect people experiencing poverty

Karnataka's SBI bank robbed in 'Money Heist' style, police recovers gold

On October 28, 2024, after a long weekend, when bank officials walked into the branch, they found the strongroom locker broken: the burglars had used a gas cutter to slice their way into the vault

Karnataka govt raises sales tax on diesel, price up by Rs 2 per litre

Karnataka government has hiked the sales tax on diesel to 21.17 per cent with effect from Tuesday, as a result of which there will be an increase of Rs 2 per litre, bringing the sale price to Rs 91.02. An official statement highlighted that the Karnataka Sales Tax rate on diesel was at 24 per cent prior to November 4, 2021, and the sale price per litre was Rs 92.03. On June 15, 2024, the Karnataka state government issued a notification revising the tax rate on diesel to 18.44 per cent. "After the approval of the Competent Authority, the Karnataka Sales Tax rate on diesel has been increased to 21.17 per cent, effective from 01-04-2025. As a result, there will be an increase of Rs 2 per litre, bringing the sale price to Rs 91.02," the statement said. However, even after this increase, the revised sales price in the state will continue to be lower compared to the neighbouring states, it stated. As on March 31, 2025, the diesel price in Bengaluru is Rs 89.02, whereas in Hosur (Tamil Na

Waqf Bill takes centrestage during Eid prayers in parts of Karnataka

The issue of the Waqf Amendment Bill took center stage during Eid-ul-Fitr celebrations in some parts of Karnataka on Monday, with people, including Minister Rahim Khan, offering special prayers sporting black armbands to express their protest against the Centre's move. According to the information available, believers sported symbols of protest during the prayers held in Bidar, Mandya and Belagavi. In Bidar, Minister Khan, who holds sports and youth empowerment portfolio, reached mosque with his followers wearing black armband and offered prayers at the Eidgah Maidan. His supporters performed prayers and lodged their protest peacefully against Waqf law amendment. The Mandya Urban Development Authority president Naheem performed prayers in Mandya wearing the black armband. All his supporters too followed him. Speaking to reporters, he said he did it as a silent protest against the Waqf Amendment Bill. In Belagavi, Social Democratic Party of India cadres participated in the prayers