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Page 20 - Karnataka

Homebuyer in Bengaluru wins Rs 2.56 cr refund as builder delays apartment

Karnataka RERA confirms developer did not fulfill obligations agreed upon at time of sale

Homebuyer in Bengaluru wins Rs 2.56 cr refund as builder delays apartment
Updated On : 18 Apr 2025 | 6:11 PM IST

Sundaram Home Finance launches K'taka branch, eyes ₹900 cr loan disbursals

Sundaram Home Finance, a subsidiary of non-banking finance company Sundaram Finance Ltd, strengthened its footprint in Karnataka by launching a new branch in Tumkur. The company aims to disburse Rs 900 crore in the neighbouring State this year. The Chennai-headquartered company currently operates 18 branches across locations including Mysore, Mangalore, and Hubballi and has also planned to expand into Tier III cities this year. Commenting on the expansion in Karnataka, Sundaram Home Finance Managing Director D Lakshminarayanan said in a company statement on Friday: "We believe there are significant opportunities in smaller towns in Karnataka for our prime home finance business, and we aim to deepen our presence in these markets over the next 12 months." He added, "Karnataka currently contributes over 10 per cent of our disbursements, and we expect this to increase in the coming years, supported by our continued expansion in Tier II and III towns across the State." For the ...

Sundaram Home Finance launches K'taka branch, eyes ₹900 cr loan disbursals
Updated On : 18 Apr 2025 | 4:17 PM IST

K'taka Guv sends Bill on 4% Muslim quota in govt contracts for Prez assent

Karnataka Governor Thaawarchand Gehlot has reserved the Bill pertaining to four per cent reservation to Muslims in government contract for the President's assent, Raj Bhavan sources said on Wednesday. According to sources, Gehlot marked the Bill as reserved for Presidential assent and sent it to the Karnataka Law and Parliamentary Affairs Department. Now, the state government will send the file to the President to get his nod to the Bill that has created quite a stir in Karnataka. The Bill was passed by both houses of Karnataka Legislature in March amid protests by the opposition BJP. The BJP charged that the Bill was illegal as there is no provision in the Indian Constitution to give reservation based on religion. It also alleged that the Bill smacks of appeasement politics of the ruling Congress. The party has made this Bill a key issue during its Janaakrosha Yatre' (Public anger march), which is going on across the state.

K'taka Guv sends Bill on 4% Muslim quota in govt contracts for Prez assent
Updated On : 16 Apr 2025 | 8:59 PM IST

Southern states lead ranking on justice system, Karnataka retains top slot

Andhra Pradesh rises to second place from fifth last year; Telangana keeps third position: India Justice Report 2025

Southern states lead ranking on justice system, Karnataka retains top slot
Updated On : 15 Apr 2025 | 11:22 PM IST

Blow to Siddaramaiah as Karnataka court allows further probe into Muda case

The Lokayukta police report gave a clean chit to Siddaramaiah, stating that the charges against the CM and his wife, Parvathi, could not be substantiated due to a lack of evidence

Blow to Siddaramaiah as Karnataka court allows further probe into Muda case
Updated On : 15 Apr 2025 | 4:42 PM IST

Milk markets stare at a dry patch as summers kick in earlier than usual

Summer is usually when liquid milk supplies go down and the reliance on skimmed milk powder (SMP) stocks increases; however, lower production during winters mean SMP may also be in short supply

Milk markets stare at a dry patch as summers kick in earlier than usual
Updated On : 15 Apr 2025 | 3:38 PM IST

Karnataka RTE admissions 2025 start today at official website, check here

The K'taka dept of School Education will start the Right to Education (RTE) admissions for the academic year 2025-26 today, April 15. Parents and guardians can apply online on the official website

Karnataka RTE admissions 2025 start today at official website, check here
Updated On : 15 Apr 2025 | 3:33 PM IST

Karnataka HC asks Google to furnish 50% of FEMA penalties as bank guarantee

The Karnataka High Court has asked Google India and three executives to provide bank guarantees for 50% of Fema penalties linked to ₹364 crore in alleged violations

Karnataka HC asks Google to furnish 50% of FEMA penalties as bank guarantee
Updated On : 15 Apr 2025 | 11:05 AM IST

K'taka truckers to hold strike over fuel price hike, toll-related issues

The trucks from Karnataka are expected to go off the road from midnight on Monday as the truckers affiliated to the Federation of Karnataka State Lorry Owners and Agents Association (FOKSLOAA) are set to begin their indefinite strike against fuel price hike and harassment at toll plazas. According to the FOKSLOAA's honorary general secretary Somasundaram Balan, the federation is the biggest transport body in Karnataka with nearly six lakh trucks enrolled with it and comprises 196 truckers' bodies. There is no change in our programme. We will go ahead with our strike because the Karnataka government has not called us for any meeting yet. Our demands are against fuel price hike and toll issues, Balan told PTI. In a letter to its members, FOKSLOAA gave a call for an indefinite suspension of transport operations in Karnataka for resolution of critical and long-standing issues faced by the road transport sector in the state. Steep hike in Value Added Taxes (VAT) on diesel, resulted in a

K'taka truckers to hold strike over fuel price hike, toll-related issues
Updated On : 14 Apr 2025 | 8:58 PM IST

Will speak on caste report after cabinet discussion on Apr 17: Siddaramaiah

Karnataka Chief Minister Siddaramaiah on Monday said he would speak on the caste census report only after a discussion on it in the special cabinet meeting convened on April 17. He said he would not comment on anything related to it till then. "We have convened a cabinet meeting on April 17 to discuss this lone subject. There we will discuss. After the discussion, I will speak (on the topic)," Siddaramaiah said. He was speaking to reporters here after paying tribute to the architect of Indian Constitution, B R Ambedkar, on his 134th birth anniversary. Karnataka cabinet accepted the Socio-Economic and Educational Survey, 'caste census' in short, on April 11. The State Backward Classes Commission, under its then Chairperson H Kantharaju, was tasked with preparing a caste census report. The survey work was completed in 2018 towards the end of Siddaramaiah's first tenure as Chief Minister, and the report was finalised by his successor K Jayaprakash Hegde in February 2024. Siddaramaia

Will speak on caste report after cabinet discussion on Apr 17: Siddaramaiah
Updated On : 14 Apr 2025 | 1:53 PM IST

Karnataka HM to discuss migrant workers-crime link with Labour Department

Karnataka Home Minister G Parameshwara on Monday said he would hold a combined meeting of Home and Labour departments along with Labour Minister Santosh Lad on measures that can be taken regarding the increasing number of crimes involving migrant labourers from other states. He said workforce coming to Karnataka from other states cannot be stopped, but there is a definite need to take note of criminal activities involving them and take measures against it. The Home Minister's statement came in the wake of alleged kidnapping and murder of a five-year-old girl in Hubballi by a 35-year-old Ritesh Kumar, who hails from Bihar's Patna, who was killed in a police firing on Sunday. "Labourers are coming from different parts of the country as Bengaluru is a fast developing city and also across Karnataka. In many cases we see they are involved in criminal activities. We definitely need to take note of this," Parameshwara said in response to a question that people coming from other parts of th

Karnataka HM to discuss migrant workers-crime link with Labour Department
Updated On : 14 Apr 2025 | 12:54 PM IST

Firing that claimed accused 'not failure of law & order': K'taka chief whip

Clarifying that there was no lapse in law and order, Ahmed said the police handled the situation efficiently

Firing that claimed accused 'not failure of law & order': K'taka chief whip
Updated On : 14 Apr 2025 | 7:23 AM IST

Karnataka govt to not take hasty decision on caste census, says Shivakumar

Karnataka Deputy Chief Minister D K Shivakumar on Sunday said that the government will not take any hasty decision regarding the Socio-Economic and Education Survey report, popularly known as the 'caste census', that was recently tabled before the state cabinet. He said the cabinet will go through the report and discuss it, and will do justice to all based on the facts, as he also called the statements being made against the report as "political". The Karnataka State Commission for Backward Classes' report was placed before the cabinet on Friday, and it will be discussed at a special cabinet meeting scheduled on April 17. The Commission, under its then Chairman K Jayaprakash Hegde, had submitted the report to Chief Minister Siddaramaiah on February 29 last year, amid objections raised by certain sections of society and voices against it from within the ruling Congress. "The CM has spoken about it. I have not yet seen the report as I was visiting Belagavi and Mangaluru yesterday. It

Karnataka govt to not take hasty decision on caste census, says Shivakumar
Updated On : 13 Apr 2025 | 2:35 PM IST

Caste census report recommends 51% quota for backward classes in Karnataka

The caste census report, submitted to the Karnataka cabinet, has recommended enhancing the reservation for Backward Communities from the existing 32 per cent to 51 per cent. According to government sources, the Socio-Economic and Educational Survey, caste census in short, also highlighted that the population of BC is 70 per cent. The report also suggested that 51 per cent reservation should be given to the BCs in educational institutions in the state. It cited the example of Tamil Nadu and Jharkhand, which are providing 69 and 77 per cent reservations respectively as per the backward class population, the sources said. As per the survey report, the population of Backward Communities in 1A category is 34,96,638, 1B- 73,92,313, 2A- 77,78,209, 2B- 75,25,880, 3A-- 72,99,577 and the Backward Community in the 3B category is 1,54,37,113, sources claimed. This way the total population of Other Backward Castes is 4,16,30,153. The sources, citing the report, claimed that the Scheduled Cast

Caste census report recommends 51% quota for backward classes in Karnataka
Updated On : 13 Apr 2025 | 9:50 AM IST

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

Baldota Group to enter steel sector with ₹54,000-cr project in Karnataka
Updated On : 10 Apr 2025 | 2:45 PM IST

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

ED arrests ex-chairman of Karnataka co-op bank in Rs 63-crore fraud case
Updated On : 10 Apr 2025 | 6:42 AM IST

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

CM's economic advisor denies saying 'K'taka is No. 1 in corruption'
Updated On : 09 Apr 2025 | 6:26 PM IST

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

Is bottled water really safe? Karnataka tests raise serious concerns
Updated On : 09 Apr 2025 | 3:37 PM IST

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

Karnataka HC lifts NCLT freeze on Aakash Educational Services stake sale
Updated On : 08 Apr 2025 | 11:10 PM IST

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

2nd PUC Toppers List 2025: Check toppers from art, commerce, & science here
Updated On : 08 Apr 2025 | 2:34 PM IST