Tuesday, April 28, 2026 | 11:54 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Page 67 - Karnataka

Karnataka govt, Foxconn sign Letter of Intent for two marquee projects

The Karnataka government on Wednesday said it has signed a Letter of Intent (LoI) with Foxconn, a major iPhone assembler for tech giant Apple, to undertake two marquee projects in the state with an estimated investment worth Rs 5,000 crore. The projects would create employment opportunities for 13,000 people in the state, it said. The signing ceremony took place between a high-level delegation of the Government of Karnataka and Foxconn in Chennai recently, where Large and Medium Industries and Infrastructure Development Minister M B Patil and Minister for IT and BT, Rural Development and Panchayat Raj Priyank Kharge along with senior officials met Foxconn Chairman Young Liu and other executives of the company. The two projects are: phone enclosure project under which the Foxconn subsidiary plans to invest USD 350 million (Rs 3,000 crore) with employment opportunities for 12,000 people, and semicon equipment project in collaboration with Applied Materials with a projected investment

Karnataka govt, Foxconn sign Letter of Intent for two marquee projects
Updated On : 02 Aug 2023 | 6:38 PM IST

K'taka Cong leaders to meet party top brass to discuss LS polls' strategy

A team of 50 state Congress leaders and ministers will meet the party leadership in New Delhi on Wednesday to chalk out strategies for the 2024 Lok Sabha polls. AICC President Mallikarjun Kharge, party leader Rahul Gandhi, General Secretaries K C Vengopal and Randeep Singh Surjewala among others are likely to participate in the meeting in the national capital, Deputy Chief Minister D K Shivakumar said on Tuesday. Ahead of leaving for Delhi, the Karnataka Congress president said he will also be meeting few Union ministers to discuss issues and projects related to the state. The meeting with the Congress top brass is seen as significant amid brewing discontent within the ruling party with as many as 30 legislators reportedly having written to Chief Minister Siddaramaiah and the party leadership expressing concern over non-implementation of development works in their constituencies and functioning of certain ministers. "There is a meeting in Delhi tomorrow, today I will be meeting som

K'taka Cong leaders to meet party top brass to discuss LS polls' strategy
Updated On : 02 Aug 2023 | 11:07 AM IST

Karnataka MLAs' assets more than that of legislators in 21 states: Report

The average assets of a sitting legislator in India is Rs 13.63 crore, says civil society group ADR

Karnataka MLAs' assets more than that of legislators in 21 states: Report
Updated On : 01 Aug 2023 | 3:11 PM IST

K'taka ministers hold talk with Foxconn Chairman on investments in state

Industries Minister M B Patil on Monday said that the Karnataka government had held "fruitful" discussions with Foxconn, a major iPhone assembler for Apple, about intended projects for which the company is keen to invest in the state. Patil, IT/BT Minister Priyanka Kharge and Foxconn Chairman Young Liu were present at the discussions which took place at a private hotel in Chennai, a statement from the Industries Minister's office said. Speaking about the meeting, Patil said that the industrial and investment policies of the state government are conducive to nurturing an ecosystem favouring the growth of industries. Expressing happiness about the discussions, the minister said the talks held with the company chairman were "fruitful". Senior state government officials were also present at the meeting.

K'taka ministers hold talk with Foxconn Chairman on investments in state
Updated On : 31 Jul 2023 | 11:24 PM IST

SC rejects CBI's plea against stay on probe against K'taka Dy CM Shivakumar

The Supreme Court on Monday refused to interfere with the Karnataka High Court's order granting an interim stay on a CBI probe against the state's Deputy Chief Minister D K Shivakumar in a corruption case. A bench of Justice B R Gavai, Justice C T Ravikumar and Justice Sanjay Kumar dismissed the appeal filed by the Central Bureau of Investigation against the February 10 order of the high court in the case. Additional Solicitor General SV Raju said that the division bench of the high court granted an interim stay on the proceedings despite there being an order in favour of the agency. Senior advocate Abhishek Singhvi, appearing for Shivakumar, said the CBI has filed an appeal against an interim order of the high court but refused to challenge subsequent interim orders passed by the division bench of the high court. The Supreme Court bench then said it is not going to interfere and granted the CBI liberty to request the high court for speedy disposal of the case before it. On Februa

SC rejects CBI's plea against stay on probe against K'taka Dy CM Shivakumar
Updated On : 31 Jul 2023 | 1:40 PM IST

CM Siddaramaiah to meet Nitin Gadkari regarding Bengaluru-Mysuru Expressway

With accidents on rise on the Bengaluru-Mysuru Expressway, Karnataka Chief Minister Siddaramaiah on Saturday said he would meet Union Minister for Road Transport and Highways Nitin Gadkari and point out the flaws on the expressway and changes to be made. Speaking to reporters after inspecting accident-prone areas of the Expressway near Mandya, Siddaramaiah accused the BJP government of inaugurating it in a hurry ignoring the flaws that was resulting in accidents. "I am going to Delhi and will meet Gadkari and ask him to rectify things (on the Expressway). A proposal for Rs 150.81 crore has been sent to the Centre for improving the service road," the Chief Minister said. According to him, the work will start from November this year. To a question on the alleged toll collection going on at those stretches which are still incomplete, the Chief Minister said the state government had no role to play as it is being done by the National Highway Authority of India (NHAI). "We are not ...

CM Siddaramaiah to meet Nitin Gadkari regarding Bengaluru-Mysuru Expressway
Updated On : 29 Jul 2023 | 6:42 PM IST

Cong high command to meet Karnataka leaders, ministers in Delhi on Aug 2

The Congress high command has convened two meetings with the party leaders in Karnataka in New Delhi on August 2, apparently to quell the dissidence brewing for some time now, top party sources said. According to sources in the Congress, the first meeting will take place between the party high command and the top Congress leaders in Karnataka. "In that meeting, party president Mallikarjun Kharge, former Congress president Rahul Gandhi, Chief Minister Siddaramaiah, Deputy Chief Minister and state Congress president D K Shivakumar, Law and Parliamentary Affairs Minister H K Patil, general secretaries K C Venugopal and Randeep Singh Surjewala, who is also the Karnataka in-charge and some other top functionaries will take part," a Congress office-bearer told PTI. The second meeting will take place with the Congress ministers where some senior party MLAs may take part, the office-bearer added. The meetings are taking place in the wake of the Congress Legislative Party (CLP) meeting on .

Cong high command to meet Karnataka leaders, ministers in Delhi on Aug 2
Updated On : 29 Jul 2023 | 3:59 PM IST

AMD plans to invest $400 mn in India to expand R&D, engineering operations

The planned investment includes a new AMD campus in Bangalore, Karnataka that will serve as the its largest design center

AMD plans to invest $400 mn in India to expand R&D, engineering operations
Updated On : 28 Jul 2023 | 12:11 PM IST

We want to help farmers: Karnataka Dy CM on milk price hike in state

The Karnataka government has announced a hike in the price of Nandini's milk by Rs 3

We want to help farmers: Karnataka Dy CM on milk price hike in state
Updated On : 28 Jul 2023 | 9:40 AM IST

Rent on PG accommodation, hostel services to attract GST: Karnataka AAR

Rent for residential dwellings would qualify for GST exemption, says authority

Rent on PG accommodation, hostel services to attract GST: Karnataka AAR
Updated On : 27 Jul 2023 | 10:10 PM IST

MRPL in coastal Karnataka becomes India's largest single location refinery

The Mangalore Refinery and Petrochemicals Limited (MRPL), a mini-Ratna CPSE PSU refinery based in coastal Karnataka and a subsidiary of ONGC, has become the single largest PSU-refinery (single location) in the country for the year 2022-23, a release from the company said here Wednesday. MRPL achieved this feat by processing 17.14 million metric tonnes of crude oil during the past financial year. This is also the highest-ever throughput processed by any single-location PSU refinery in India's petroleum refining history, the release said. MRPL processes 10 per cent of the total crude oil refined by the PSU petroleum refineries in the country. Set up as a joint venture refinery in 1988 with a 3.69 MMTPA (million metric tonnes per annum) capacity, MRPL later underwent a second and third-phase expansion to raise its capacity to 15 MMTPA. The refinery configuration has a Nelson Complexity Index of 11.3, one of the highly complex PSU refineries. The MRPL petrochemical intensity is currentl

MRPL in coastal Karnataka becomes India's largest single location refinery
Updated On : 26 Jul 2023 | 10:21 PM IST

Man loses control, slips into waterfall while posing for Instagram reel

The incident was caught on camera by the man's friend at the Arasinagundi waterfalls, 6 kms from Kollur town of Karnataka, as he was trying to pose for a photo in front of the falls

Man loses control, slips into waterfall while posing for Instagram reel
Updated On : 25 Jul 2023 | 5:13 PM IST

JD(S) to fight LS polls independently, Gowda rules out tie-up with NDA

The Janata Dal (Secular) would fight the Lok Sabha elections independently, the party supremo and former Prime Minister H D Deve Gowda, said on Tuesday, ruling out the possibility of an electoral tie-up with the NDA. Gowda's son and former Chief Minister H D Kumaraswamy said last week his party would work together with the BJP against the Congress government on various issues, fueling speculation of the two parties joining hands for next year's polls. Both the JD (S) and the BJP MLAs had boycotted the Assembly session after 10 BJP legislators were suspended from the House for "indecent and disrespectful conduct". "JD(S) will fight the Lok Sabha elections independently", Deve Gowda told a news conference here. "Whether we (the party) win five, six, three, two or one seats, we will fight the Lok Sabha elections independently", he said. "We will field candidates only in those places where we are strong after consulting with our workers".

JD(S) to fight LS polls independently, Gowda rules out tie-up with NDA
Updated On : 25 Jul 2023 | 2:19 PM IST

Karnataka dy CM Shivkumar visits Bengaluru to review heavy rain situation

Notably, all schools in five talukas of Chikkamagaluru district stood closed on Monday amid the prediction of heavy rains in the region

Karnataka dy CM Shivkumar visits Bengaluru to review heavy rain situation
Updated On : 25 Jul 2023 | 8:50 AM IST

Heavy rains lash many parts of Karnataka, allaying fear of drought

Heavy downpour over the past two days in many parts of Karnataka, especially the coastal and southern region, brought hopes of a good harvest for farmers staring at a drought-like situation due to inadequate rains in the last two months. According to Meteorological Department, there were heavy rains as southwest monsoon was active over the state and rainfall occurred at most places over coastal Karnataka, south interior region and at many places over northern areas. There was very heavy rainfall in several parts of Dakshina Kannada, Uttara Kannada, Chikkamagaluru, Udupi and Kodagu districts. Heavy rains, accompanied by high-velocity winds, continued to lash several parts of the twin coastal districts of Dakshina Kannada and Udupi on Sunday. With the monsoon intensifying in the coast once again, several trees were uprooted in the two districts damaging houses and electric poles since Saturday, officials said. In Mangaluru, some houses were damaged when a huge tree got uprooted on t

Heavy rains lash many parts of Karnataka, allaying fear of drought
Updated On : 23 Jul 2023 | 8:39 PM IST

LIVE: More than 100 rescued in flood-hit Yavatmal district in Maharashtra

Catch all the latest LIVE updates from across the globe here

LIVE: More than 100 rescued in flood-hit Yavatmal district in Maharashtra
Updated On : 22 Jul 2023 | 11:35 PM IST

Karnataka govt appoints judicial commission to probe PSI recruitment scam

The Karnataka government has constituted a one-man judicial commission to inquire into the police sub-inspector (PSI) recruitment scam. Retired Karnataka High Court judge B Veerappa will conduct the probe, and the government notification constituting the probe has set a deadline of three months for the inquiry. The Congress had strongly taken on the then BJP government over alleged irregularities and corruption in the recruitment of 545 PSIs. It was one among its major ammunitions against the saffron party during the campaign for the Assembly polls. Following allegations that the exam results were manipulated, the then government had ordered a probe by the Criminal Investigation Department (CID), which arrested several officials from the Police Recruitment Cell, including its then chief Additional Director-General of Police Amrit Paul and also a large number of candidates who appeared for the exam. The government had also annulled the results of the exam and decided to hold a ...

Karnataka govt appoints judicial commission to probe PSI recruitment scam
Updated On : 22 Jul 2023 | 10:49 AM IST

Karnataka HC to hear petition seeking CM Siddaramaiah's disqualification

The petition filed by a voter from the Varuna constituency, KM Shankara, which came up for hearing on Friday, alleges that the Congress party promised freebies for luring voters

Karnataka HC to hear petition seeking CM Siddaramaiah's disqualification
Updated On : 22 Jul 2023 | 7:49 AM IST

K'taka HC to hear petition seeking Siddaramaiah's disqualification July 28

The High Court of Karnataka has said that it will hear on July 28 a petition challenging the election of Chief Minister Siddaramaiah to the Assembly from Varuna constituency. The petition blames the election manifesto of the Congress party which promised five 'guarantees' as corrupt practices amounting to bribery and also undue influence under Section 123(2) of the Representation of the People Act. The petition alleges that Siddaramaiah had breached the provisions of the Constitution and the rules and guidelines under The Representation of the People Act. The petition claims that the The said guarantees are in the nature of offer and promises made by the candidate and by the Indian National Congress party. This was done with the consent of the respondent (Siddaramaiah). They are in the form of gratification to the electorate of Varuna Constituency and with the object of directly inducing the electorate to vote for the Congress party candidate namely the respondent. The consideratio

K'taka HC to hear petition seeking Siddaramaiah's disqualification July 28
Updated On : 21 Jul 2023 | 6:08 PM IST

Billionaire MLAs: Karnataka tops, 223 netas have an average of Rs 64.4 cr

Following Karnataka, Andhra Pradesh has 174 MLAs with an average of Rs 28.24 crore, and Maharashtra has 284 MLAs with an average of Rs 23.51 crore.

Billionaire MLAs: Karnataka tops, 223 netas have an average of Rs 64.4 cr
Updated On : 21 Jul 2023 | 9:36 AM IST