News

Indian sugar production concerns drive local prices to 6-year high Sugar prices in India have jumped by more than 3% in a fortnight to their highest level in six years, traders and industry officials said, as limited rainfall in the country's key growing regions raised production concerns for the upcoming season. This could add to food inflation and discourage New Delhi from allowing sugar exports, supporting global prices which are near their highest in more than a decade. "Sugar mills are worried that production could fall sharply in the new...
Indian sugar production concerns drive local prices to 6-year high
Indian sugar production concerns drive local prices to 6-year high
Source: Reuters
5/09/2023 5:05:26 PM
Kaynes Technology zooms on entering into MoU with Government of Karnataka Kaynes Technology is currently trading at Rs. 2008.15, up by 148.95 points or 8.01% from its previous closing of Rs. 1859.20 on the BSE. The scrip opened at Rs. 1958.95 and has touched a high and low of Rs. 2122.85 and Rs. 1930.40 respectively. So far 31384 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,122.85 on 25-Aug-2023 and a 52 week low of Rs. 625.05 on 26-Dec-2022. Last one week high and low of the sc...
Kaynes Technology zooms on entering into MoU with Government of Karnataka
Kaynes Technology zooms on entering into MoU with Government of Karnataka
Source: Accord Fintech
25/08/2023 10:54:24 AM
Top Indian states` spending on social welfare set to touch 10-year high of Rs 4 lakh crore in FY24: Crisil Domestic rating agency Crisil in its latest report has said that top Indian states' spending on social welfare is set to touch a 10-year high of Rs 4 lakh crore, or 1.7 per cent of their combined Gross State Domestic Product (GSDP), in the ongoing fiscal (FY24). After analysing budgets of top 11 states, which account for over three-fourths of the aggregate GSDP, it said the growth in social welfare schemes is expected to clock a 16 per cent jump in compounded annual growth rate between 20...
Top Indian states` spending on social welfare set to touch 10-year high of Rs 4 lakh crore in FY24: Crisil
Top Indian states` spending on social welfare set to touch 10-year high of Rs 4 lakh crore in FY24: Crisil
Source: Accord Fintech
24/08/2023 12:50:52 PM
Coffee planters in Karnataka heave sigh of relief as prices go up, cup of coffee to cost more After the prices of tomatoes disrupted the budgets of common people across the country, now it is going to be the turn of coffee prices to send their heads spinning. The coffee crop has begun to fetch good prices due to various factors at the international market after almost a decade and the trend has brought cheers among coffee planters who toiled with the stagnant pricing of the commodity for 10 to 15 years. Coffee production in India is dominated in the hill tracts of south Indian s...
Coffee planters in Karnataka heave sigh of relief as prices go up, cup of coffee to cost more
Coffee planters in Karnataka heave sigh of relief as prices go up, cup of coffee to cost more
Source: IANS
10/08/2023 9:23:59 AM
India says Petrochina, other global oil companies keen to build SPRs  Chinese oil major Petrochina is among global companies that have shown interest in building new strategic petroleum reserves (SPRs) in India, the country's junior oil minister said on Thursday. During two roadshows held to seek private investment for building the SPRs, global companies, including BP, Shell and traders Trafigura, Vitol, Glencore, Vopak and KNOC showed interest, Rameswar Teli said. India, the world's third-biggest oil importer and consumer, has 5.55 million ...
India says Petrochina, other global oil companies keen to build SPRs
India says Petrochina, other global oil companies keen to build SPRs
Source: Reuters
3/08/2023 5:45:49 PM
Foxconn to invest $600 million in India's Karnataka for iPhone components, chip-making machinery Taiwan's Foxconn will invest $600 million in two projects in the southern Indian state of Karnataka for chip equipment manufacturing and casing components for iPhones, the state government said on Wednesday. Some $350 million will go towards setting up the iPhone component unit which will generate 12,000 jobs, while Foxconn will tie up with Applied Materials in a $250 million project to make chip-making tools, the government said. Reuters was first to report on the investment plans on ...
Foxconn to invest $600 million in India's Karnataka for iPhone components, chip-making machinery
Foxconn to invest $600 million in India's Karnataka for iPhone components, chip-making machinery
Source: Reuters
2/08/2023 3:09:15 PM
Karnataka Government signs MoU with IBC, to set up recyclable Lithium-ion battery plant Karnataka government and US-based International Battery Company (IBC) on Tuesday signed a Memorandum of Understanding (MoU) to set up a recyclable Lithium-ion battery manufacturing unit with an investment of Rs. 8,000 crores (USD 1 Bn) in the state. IBC India Pvt. Ltd., President Venkatesh Valluri and Principal Secretary for Department of Commerce and Industries Selvakumar signed and exchanged the MoU in the presence of Large and Medium Industries Minister MB Patil. Minister MB Patil sa...
Karnataka Government signs MoU with IBC, to set up recyclable Lithium-ion battery plant
Karnataka Government signs MoU with IBC, to set up recyclable Lithium-ion battery plant
Source: IANS
2/08/2023 10:11:24 AM
Confidant of 100% sowing following good rainfall in Karnataka : Chief Minister Siddaramaiah Karnataka Chief Minister Siddaramaiah said on Wednesday that he was confident of farmers carrying out 100 per cent sowing activity in a few days in view of good rainfall.  The delay in Monsoon rains has threatened the farming community and it was predicted that it would affect the sowing activity to a great extent.   Speaking to reporters after garlanding statues of martyred soldiers on Kargil Diwas, Siddaramaiah said the situation was not out of control due to rain in Karn...
Confidant of 100% sowing following good rainfall in Karnataka : Chief Minister Siddaramaiah
Confidant of 100% sowing following good rainfall in Karnataka : Chief Minister Siddaramaiah
Source: IANS
26/07/2023 2:07:14 PM
India creates 16.30 lakh new jobs in May 2023: EPFO The Retirement fund body, Employees' Provident Fund Organisation (EPFO) in its latest ‘Provisional Estimate of Net Payroll’ data report has showed that India created 1630367 new jobs in the month of May 2023 as against revised figure of 1537511 in April 2023. As per the report, the maximum jobs were created in the age bracket of 22-25 and in this bracket the top sectors which have created more fresh jobs include Expert Services; Trading-Commercial Establishments; Establishm...
India creates 16.30 lakh new jobs in May 2023: EPFO
India creates 16.30 lakh new jobs in May 2023: EPFO
Source: Accord Fintech
21/07/2023 1:52:02 PM
Kellton Tech Solutions soars on securing project from Karnataka State Government Kellton Tech Solutions is currently trading at Rs. 87.11, up by 4.79 points or 5.82% from its previous closing of Rs. 82.32 on the BSE. The scrip opened at Rs. 82.89 and has touched a high and low of Rs. 89.40 and Rs. 82.11 respectively. So far 343603 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 89.40 on 20-Jul-2023 and a 52 week low of Rs. 40.53 on 31-Mar-2023. Last one week high and low of the scrip stood a...
Kellton Tech Solutions soars on securing project from Karnataka State Government
Kellton Tech Solutions soars on securing project from Karnataka State Government
Source: Accord Fintech
20/07/2023 2:32:26 PM
Legal hurdles for handing over land to Foxconn cleared, company to start production by next April, says Karnataka Industries Minister Legal hurdles to hand over 300 acres to Taiwanese chip-making giant Foxconn have been cleared and the land would be handed over to the company very soon,  Karnataka's Large and Medium Industries Minister M.B. Patil said on Friday. He also announced that the company would start production by next April. Answering a question by BJP's Doddaballapura MLA Dheeraj Muniraju in the Assembly, Patil said: "A total of 300 acres will be given to the company in the ITIR (IT Investm...
Legal hurdles for handing over land to Foxconn cleared, company to start production by next April, says Karnataka Industries Minister
Legal hurdles for handing over land to Foxconn cleared, company to start production by next April, says Karnataka Industries Minister
Source: IANS
15/07/2023 8:57:20 AM
Samvardhana Motherson International rises on acquiring 51% stake in SIAAIPL Samvardhana Motherson International is currently trading at Rs. 95.35, up by 0.31 points or 0.33% from its previous closing of Rs. 95.04 on the BSE. The scrip opened at Rs. 96.00 and has touched a high and low of Rs. 96.26 and Rs. 95.25 respectively. So far 704725 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 97.03 on 13-Jul-2023 and a 52 week low of Rs. 61.84 on 28-Mar-2023. Last one week high and low of the ...
Samvardhana Motherson International rises on acquiring 51% stake in SIAAIPL
Samvardhana Motherson International rises on acquiring 51% stake in SIAAIPL
Source: Accord Fintech
14/07/2023 11:26:33 AM
Karnataka Chief Minister Siddaramaiah presents Rs 3.27 lakh crore budget Karnataka Chief Minister Siddaramaiah has presented the budget for the financial year 2023-24, with an outlay of over Rs 3.27 lakh crore.  While presenting the budget, CM Siddaramaiah said that approximately, Rs 52,000 crore will be spent annually to fulfill the five guarantees.  The government has aimed at collection of Rs 11,500 crore of taxes. The excise duty has been hiked by 20 per cent on liquor and 10 per cent on beer.  It has been announced in the budget that t...
Karnataka Chief Minister Siddaramaiah presents Rs 3.27 lakh crore budget
Karnataka Chief Minister Siddaramaiah presents Rs 3.27 lakh crore budget
Source: IANS
8/07/2023 9:13:05 AM
India`s Marico expects June quarter revenue drop on sluggish rural demand  India's Marico said on Wednesday its consolidated revenue for the June quarter fell in the low-single digits percentage range, dragged by sluggish sales in rural markets and a move to cut prices of its Saffola edible oil. "Signs of improvement on a sequential basis were not clearly visible ... the anticipated pickup in rural demand remained elusive," Marico said in a statement. Marico saw sales rise 1.3% in the same quarter last year. The quarterly drop for the three...
India`s Marico expects June quarter revenue drop on sluggish rural demand
India`s Marico expects June quarter revenue drop on sluggish rural demand
Source: Reuters
5/07/2023 5:38:24 PM
Budget session of Karnataka Assembly gets underway  The budget session of Karnataka Legislative Assembly commenced on Monday with Governor Thaawarchand Gehlot addressing joint session of both the houses. The session is likely to be chaotic as the ruling Congress government and opposition BJP are already at the loggerheads over various issues. After a humiliating defeat, the BJP wants to get momentum against Congress. On the other hand, Congress is launching attacks on the central government over denial of sale of rice to the state ...
Budget session of Karnataka Assembly gets underway
Budget session of Karnataka Assembly gets underway
Source: IANS
3/07/2023 3:05:33 PM
Taiwanese investors delegation hold talks with Karnataka government keen on bus conversion to electricity   Karnataka's Large and Medium Industries Minister M.B. Patil on Friday said that Taiwanese companies have expressed interest to collaborate with the state Karnataka in converting diesel-run BMTC buses to electric buses. Briefing reporters after a high-level delegation from Taiwan met him here to discuss industrial collaboration, he said: "Converting the diesel-powered Bengaluru Metropolitan Transport Corporation (BMTC) buses to electric buses would enable us to take a ste...
Taiwanese investors delegation hold talks with Karnataka government keen on bus conversion to electricity
Taiwanese investors delegation hold talks with Karnataka government keen on bus conversion to electricity
Source: IANS
1/07/2023 9:16:51 AM
Karnataka Industries Minister invites Tesla to set up its plant in state Inviting leading electric car maker, the US-based Tesla to set up its plant in Karnataka, state Large and Medium Industries Minister M.B. Patil said on Friday that the government would extend all the cooperation if the company decides to expand its operations here. If the company has plans of expanding its operations to India, certainly Karnataka would be an ideal destination, Patil said in a tweet. The government stands ready to support and provide the necessary facilities for Tesla an...
Karnataka Industries Minister invites Tesla to set up its plant in state
Karnataka Industries Minister invites Tesla to set up its plant in state
Source: IANS
24/06/2023 9:27:40 AM
Vishwaraj Sugar Industries jumps on commissioning bagasse pelletizing machine Vishwaraj Sugar Industries is currently trading at Rs. 19.60, up by 0.39 points or 2.03% from its previous closing of Rs. 19.21 on the BSE. The scrip opened at Rs. 19.01 and has touched a high and low of Rs. 19.87 and Rs. 19.01 respectively. So far 753613 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 21.35 on 20-Dec-2022 and a 52 week low of Rs. 13.13 on 28-Mar-2023. Last one week high and low of the scrip sto...
Vishwaraj Sugar Industries jumps on commissioning bagasse pelletizing machine
Vishwaraj Sugar Industries jumps on commissioning bagasse pelletizing machine
Source: Accord Fintech
20/06/2023 3:17:33 PM
Karnataka keen to operate and maintain new airports: Minister M.B. Patil The government is mulling bringing the responsibility of operation and maintenance of new airports under the ambit of the Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC), official release from the large and medium industries ministry stated on Saturday. KSIIDC is a body functioning under the department of large and medium industries. Minister for Large and Medium Industries M.B. Patil stated that talks will be held with the union government about the opera...
Karnataka keen to operate and maintain new airports: Minister M.B. Patil
Karnataka keen to operate and maintain new airports: Minister M.B. Patil
Source: IANS
17/06/2023 4:24:48 PM
Kananur Lokesh Rahul helps student pursue his higher education  KL Rahul is not just an Indian sports personality but he also has his heart in the right place. Coming from a small town of Mangalore and understanding the support youngsters need at the start of their career, KL helped a talented young student from Mahalingapura, Karnataka, fulfil his dream of higher education. KL Rahul came forward to support a student named Amrut Mavinkatti by enrolling him for a B.Com course at Hubballi's prestigious KLE College. KL Rahul, who is curren...
Kananur Lokesh Rahul helps student pursue his higher education
Kananur Lokesh Rahul helps student pursue his higher education
Source: IANS
14/06/2023 2:46:03 PM
JSW Steel soars on reporting 7% rise in consolidated crude steel production in May JSW Steel is currently trading at Rs. 755.40, up by 8.55 points or 1.14% from its previous closing of Rs. 746.85 on the BSE. The scrip opened at Rs. 755.00 and has touched a high and low of Rs. 759.95 and Rs. 751.35 respectively. So far 47030 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 783.35 on 02-Jan-2023 and a 52 week low of Rs. 536.30 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 7...
JSW Steel soars on reporting 7% rise in consolidated crude steel production in May
JSW Steel soars on reporting 7% rise in consolidated crude steel production in May
Source: Accord Fintech
13/06/2023 12:41:05 PM
Investment from Dutch industries will be encouraged: Siddaramiah The Consul General of the Netherlands in Bengaluru Ewout de Wit on Tuesday called on Chief Minister Siddaramaiah and held discussions. Noting that Karnataka has an investor-friendly ecosystem that helps the economy to grow, and ample skilled manpower and good law and order conditions, the diplomat said that The Netherlands has invested a substantial amount in the state, amounting to a total of 9 per cent. De Wit said that The Netherlands has a special interest in industries such as sust...
Investment from Dutch industries will be encouraged: Siddaramiah
Investment from Dutch industries will be encouraged: Siddaramiah
Source: IANS
7/06/2023 9:46:45 AM
PVR INOX rises on opening new 7-screen multiplex in Bengaluru PVR Inox is currently trading at Rs. 1429.80, up by 29.60 points or 2.11% from its previous closing of Rs. 1400.20 on the BSE. The scrip opened at Rs. 1404.45 and has touched a high and low of Rs. 1435.00 and Rs. 1404.45 respectively. So far 5407 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2211.55 on 04-Aug-2022 and a 52 week low of Rs. 1336.50 on 17-May-2023. Last one week high and low of the scrip stood a...
PVR INOX rises on opening new 7-screen multiplex in Bengaluru
PVR INOX rises on opening new 7-screen multiplex in Bengaluru
Source: Accord Fintech
5/06/2023 9:38:20 AM
Canara Bank jumps on aiming to improve bottom line further Canara Bank is currently trading at Rs. 314.20, up by 4.75 points or 1.53% from its previous closing of Rs. 309.45 on the BSE. The scrip opened at Rs. 310.00 and has touched a high and low of Rs. 314.80 and Rs. 310.00 respectively. So far 294413 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 341.60 on 03-Jan-2023 and a 52 week low of Rs. 171.70 on 20-Jun-2022. Last one week high and low of the scrip stood at R...
Canara Bank jumps on aiming to improve bottom line further
Canara Bank jumps on aiming to improve bottom line further
Source: Accord Fintech
2/06/2023 1:47:45 PM
Foxconn to make iPhones in India`s Karnataka by next April -state government Apple Inc supplier Foxconn will start manufacturing iPhones in the southern Indian state of Karnataka by April 2024, the state government said on Thursday. The land for the factory would be handed over to Foxconn by July 1, the government said, adding that the project, valued at 130 billion rupees ($1.59 billion), is expected to create around 50,000 jobs. Foxconn, the world's largest contract electronics manufacturer, has set a target of manufacturing 20 million iPhones a year at th...
Foxconn to make iPhones in India`s Karnataka by next April -state government
Foxconn to make iPhones in India`s Karnataka by next April -state government
Source: Reuters
1/06/2023 5:43:23 PM
Karnataka CM congratulates Govindaraj on his election as FIBA Asia president Karnataka Chief Minister Siddaramaiah on Tuesday congratulated Dr K. Govindaraj for being elected as the President of International Basketball Federation (FIBA), Asia. "It is the first time a Kannadiga has been elected for the prestigious position and it is a pride moment for the state," Siddaramaiah stated. Govindaraj is a Congress MLC. He is the President of Basketball Federation of India and also President of Karnataka Olympic Association. Govindaraj was unanimously nominat...
Karnataka CM congratulates Govindaraj on his election as FIBA Asia president
Karnataka CM congratulates Govindaraj on his election as FIBA Asia president
Source: IANS
23/05/2023 5:19:41 PM
High voter turnout expected in Karnataka Assembly polls As voting for the 224-member Karnataka Assembly in currently underway, large queues were witnessed outside polling centres across the state on Wednesday indicating a huge voter turnout in the closely-fought contest. People started lining up outside the centres well before polling began at 7 a.m. The centres were abuzz with voters and staff were seen busy in coordinating the balloting process. As of now, no untoward incidents have been reported from anywhere in the state. People fr...
High voter turnout expected in Karnataka Assembly polls
High voter turnout expected in Karnataka Assembly polls
Source: IANS
10/05/2023 10:09:48 AM
PM Narendra Modi`s final push to Karnataka campaign, will hold mega roadshows Prime Minister Narendra Modi is arriving in Karnataka on Friday for a three-day visit for the final leg of campaigning. He will take part in public rallies organised in Ballary and Tumakuru districts on Friday. PM Modi will hold a massive roadshow on Saturday in Bengaluru which will pass through 18 Assembly constituencies. This roadshow will be held in two parts. On Saturday, the roadshow will be held between 10 a.m. and 12.30 p.m. from Brigade Millennium of J.P. Nagara to Maramma Ci...
PM Narendra Modi`s final push to Karnataka campaign, will hold mega roadshows
PM Narendra Modi`s final push to Karnataka campaign, will hold mega roadshows
Source: IANS
5/05/2023 12:07:08 PM
Tata Electronics to become a key Apple player after Wistron`s iPhone plant acquisition As Apple doubles down on local manufacturing in India, Taiwan-based iPhone manufacturer Wistron is reportedly winding up its operations in the country and Tata Electronics is set to take over Wistron's Karnataka factory and manufacture new Apple products. The move will only give a fillip to the government's local manufacturing dream, at a time when iPhone exports from the country surged to cross $5 billion (over Rs 40,000 crore) in FY23. Wistron's factory in Karnataka, that ...
Tata Electronics to become a key Apple player after Wistron`s iPhone plant acquisition
Tata Electronics to become a key Apple player after Wistron`s iPhone plant acquisition
Source: IANS
5/05/2023 10:11:48 AM
Prime Minister Narendra Modi to address rally in Karnataka on April 30 ahead of polls Prime Minister Narendra Modi will address a massive public rally on April 30 at Channapatna in Karnataka's Ramnagar district ahead of the Assembly elections scheduled to be held in the southern state on May 10, a BJP leader said on Saturday. A party leader said that the BJP is aiming at winning more seats in certain parts of the state where it does not enjoy a significant stronghold. Former Karnataka chief minister and Janata Dal-Secular leader H.D. Kumaraswamy is contesting from th...
Prime Minister Narendra Modi to address rally in Karnataka on April 30 ahead of polls
Prime Minister Narendra Modi to address rally in Karnataka on April 30 ahead of polls
Source: IANS
23/04/2023 9:10:10 AM
Vodafone Idea zooms on offering VoWiFi calling to users in Karnataka Vodafone Idea is currently trading at Rs. 6.48, up by 0.42 points or 6.93% from its previous closing of Rs. 6.06 on the BSE. The scrip opened at Rs. 6.15 and has touched a high and low of Rs. 6.65 and Rs. 6.14 respectively. So far 32958129 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.23 on 31-May-2022 and a 52 week low of Rs. 5.70 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs. 6.65&n...
Vodafone Idea zooms on offering VoWiFi calling to users in Karnataka
Vodafone Idea zooms on offering VoWiFi calling to users in Karnataka
Source: Accord Fintech
21/04/2023 11:25:11 AM
PM Narendra Modi goes on jungle safari in Bandipur National Park Prime Minister Narendra Modi went on a safari at Bandipur National Park in Karnataka on Sunday. Clad in casuals and donning a hat, PM Modi travelled in an open jeep for one-and-a-half hours and spotted tiger and other wild animals. Nine convoy vehicles followed his jeep in the jungle, authorities said. PM Modi started his safari from Bandipur campus and traversed about 12 kms in the deep jungles. He went to Bolagudda hill area which offers a spectacular view of the Bandipur National ...
PM Narendra Modi goes on jungle safari in Bandipur National Park
PM Narendra Modi goes on jungle safari in Bandipur National Park
Source: IANS
9/04/2023 3:21:57 PM
PM arrives in Karnataka; inaugurates hospital, to dedicate Metro line in Bengaluru Prime Minister Narendra Modi arrived in Karnataka on Saturday to participate in various inauguration programmes in Bengaluru and Chikkaballapur districts of the state. At his arrival at HAL Airport here, the Prime Minister was welcomed by Chief Minister Basvaraj Bommai and the Governor Thawar Chand Gehlot. Minister for Housing V. Somanna was also present on the occasion. The PM then flew down to Chikkaballapur in a special chopper. PM Modi has dedicated Madhusudan Sai Medical Sciences a...
PM arrives in Karnataka; inaugurates hospital, to dedicate Metro line in Bengaluru
PM arrives in Karnataka; inaugurates hospital, to dedicate Metro line in Bengaluru
Source: IANS
25/03/2023 1:00:10 PM
Karnataka Chief Minister Basavaraj Bommai to chair last cabinet meeting  Karnataka Chief Minister Basavaraj Bommai will on Friday chair the last cabinet of his government during which important decisions and announcements regarding the upcoming Assembly polls are likely to be made. Sources said that the cabinet is also expected to take a call on announcing reservation for Panchamasali sub-sect of the Lingayat community to ensure no cracks in the vote bank. The meeting will be chaired at 4 p.m. and all ministers have been asked to be present. The mod...
Karnataka Chief Minister Basavaraj Bommai to chair last cabinet meeting
Karnataka Chief Minister Basavaraj Bommai to chair last cabinet meeting
Source: IANS
24/03/2023 12:18:42 PM
Prime Minister Narendra Modi to visit poll-bound Karnataka on March 25 Prime Minister Narendra Modi will visit poll-bound Karnataka on March 25 for a day-long visit. He will inaugurate Sri Madhusudan Sai Institute of Medical Sciences and Research at Chikkaballapur. The Prime Minister will also inaugurate Whitefield (Kadugodi) to Krishnarajapura Metro Line of Bangalore Metro. The metro line will further enhance ease of mobility and reduce traffic congestion in the city, official sources said. The Prime Minister will also undertake a ride in the metro....
Prime Minister Narendra Modi to visit poll-bound Karnataka on March 25
Prime Minister Narendra Modi to visit poll-bound Karnataka on March 25
Source: IANS
24/03/2023 12:04:02 PM
In a first, Akhilesh Yadav supports Rahul Gandhi In a move that could lead to political realignments in the coming months, Samajwadi Party (SP) chief Akhilesh Yadav has expressed solidarity with senior Congress leader Rahul Gandhi, who has been given a two-year jail term by a Gujarat court in a criminal defamation case for comments he made in Karnataka during the 2019 Lok Sabha elections. The court also granted him bail and suspended the sentence for 30 days to allow him to appeal in a higher court. Akhilesh, for the first time, has c...
In a first, Akhilesh Yadav supports Rahul Gandhi
In a first, Akhilesh Yadav supports Rahul Gandhi
Source: IANS
24/03/2023 9:11:11 AM
KCR announces Rs 10,000 per acre compensation for crop losses Telangana Chief Minister K. Chandrasekhar Rao on Thursday announced compensation of Rs 10,000 per acre for farmers who lost their crops due to recent unseasonal rains and hailstorms. After a visit to affected areas in a few districts, the chief minister assured the farmers that the government will extend them all the assistance. He made it clear that the state will not send any report on crop loss to the Centre as the Modi government had provided no help to the state in similar situatio...
KCR announces Rs 10,000 per acre compensation for crop losses
KCR announces Rs 10,000 per acre compensation for crop losses
Source: IANS
23/03/2023 4:00:44 PM
Shilpa Shetty returns to Kannada films after 18 yrs with 'KD - The Devil' Actress Shilpa Shetty Kundra is all set to make a comeback in Kannada films after almost 18 years with the upcoming film 'KD- The Devil'. Shilpa took to Instagram to announce the news on Ugadi. Wrote the actress, who was born in Karnataka: "On this auspicious day of new beginnings, I'm thrilled to share with you a new character entering the war in KD's battlefield as Satyavati." Shilpa made her acting debut with Shah Rukh Khan-starrer 'Baazigar' in 1...
Shilpa Shetty returns to Kannada films after 18 yrs with 'KD - The Devil'
Shilpa Shetty returns to Kannada films after 18 yrs with 'KD - The Devil'
Source: IANS
22/03/2023 4:58:14 PM
Foxconn investment proposal cleared by Karnataka high-level committee The Karnataka State High-Level Clearance Committee (SHLCC) has approved Foxconn's investment proposal to manufacture mobile devices at facilities expected to come up in Doddaballapur and Devanahalli, an official statement said on Tuesday. The Large and Medium Industries Ministry statement said that Foxconn Hon Hai Technology India Mega Development Private Ltd (FHH) would invest Rs 8,000 crore with employment opportunities for 50,000 people. A delegation led by Foxconn CEO and Chairm...
Foxconn investment proposal cleared by Karnataka high-level committee
Foxconn investment proposal cleared by Karnataka high-level committee
Source: IANS
22/03/2023 8:59:28 AM
Patel Engineering zooms on emerging as L1 for two irrigation projects Patel Engineering is currently trading at Rs. 15.00, up by 0.52 points or 3.59% from its previous closing of Rs. 14.48 on the BSE. The scrip opened at Rs. 14.20 and has touched a high and low of Rs. 15.20 and Rs. 14.10 respectively. So far 777167 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 26.80 on 07-Apr-2022 and a 52 week low of Rs. 13.10 on 27-Feb-2023. Last one week high and low of the scrip stood at Rs....
Patel Engineering zooms on emerging as L1 for two irrigation projects
Patel Engineering zooms on emerging as L1 for two irrigation projects
Source: Accord Fintech
16/03/2023 2:37:50 PM
Domestic electronics production likely to reach Rs 8.42 lakh crore in FY23: Ashwini Vaishnaw Minister of Electronics and IT Ashwini Vaishnaw has said indigenous electronics production is expected to reach Rs 8.42 lakh crore and export Rs 1.76 lakh crore in the current financial year (FY23).  He said India's share of global exports has increased to around 1.8 per cent in the current year from 1.2 per cent last year. He mentioned  the domestic production of electronic items is expected to reach Rs 8.42 lakh crore ($105 billion) in the current FY 2022-23 as compared to ...
Domestic electronics production likely to reach Rs 8.42 lakh crore in FY23: Ashwini Vaishnaw
Domestic electronics production likely to reach Rs 8.42 lakh crore in FY23: Ashwini Vaishnaw
Source: Accord Fintech
16/03/2023 10:40:28 AM
Prime Minister Narendra Modi arrives in Karnataka, holds roadshow in Mandya Thousands of people and party workers thronged on either side of the road in Mandya and cheered Prime Minister Narendra Modi who is holding a roadshow on Sunday. PM Modi was showered with flowers by the crowd. Modi arrived in poll-bound Karnataka to participate in various programmes. He landed in a special flight at the Mysuru airport. The roadshow will be held between the 1.8 km stretch of Pravasi Mandir Circle to Nanda Circle. He will address a public rally at Gejjalagere Colony after...
Prime Minister Narendra Modi arrives in Karnataka, holds roadshow in Mandya
Prime Minister Narendra Modi arrives in Karnataka, holds roadshow in Mandya
Source: IANS
12/03/2023 1:29:39 PM
Prime Minister Narendra Modi to visit poll-bound Karnataka on March 12, to inaugurate slew of projects With assembly elections in Karnataka just a month away, Prime Minister Narendra Modi is scheduled to visit Mandya and Hubbali-Dharwad districts in poll-bound Karnataka on March 12, where he will inaugurate a slew of projects. Modi will dedicate and lay foundation stones of projects worth around Rs 16,000 crore in the state during his day-long visit, official sources said. He will dedicate the Bengaluru-Mysuru Expressway to the people, which will reduce travel time between Bengaluru and ...
Prime Minister Narendra Modi to visit poll-bound Karnataka on March 12, to inaugurate slew of projects
Prime Minister Narendra Modi to visit poll-bound Karnataka on March 12, to inaugurate slew of projects
Source: IANS
10/03/2023 4:13:39 PM
Apple and Foxconn efforts win labour reforms to advance Indian production plans Apple and its supplier Foxconn were among the companies that lobbied for a landmark liberalisation of labour laws in the southern Indian state of Karnataka earlier this month, the Financial Times reported, citing three people familiar with the matter.    The legislation led to introduction of laws that now allows 12-hour shifts, as well as night-time work for women, similar to company practices in China, the report said.    Apple has been shifting production away...
Apple and Foxconn efforts win labour reforms to advance Indian production plans
Apple and Foxconn efforts win labour reforms to advance Indian production plans
Source: Reuters
10/03/2023 8:52:23 AM
Foxconn row: Karnataka Chief Minister releases letter of appreciation by CEO Young Liu After the opposition parties dubbed the ruling BJP's announcement regarding establishment of iPhone assembling unit by Foxconn in Bengaluru as a publicity stunt, Chief Minister Basavaraj Bommai released the letter of appreciation on Monday. The appreciation letter, by Foxconn CEO Young Liu addressed to Bommai, describes the visit of the Foxconn team to Bengaluru a great success. "My team would be in close contact with your team to take this forward and ensure successful groundi...
Foxconn row: Karnataka Chief Minister releases letter of appreciation by CEO Young Liu
Foxconn row: Karnataka Chief Minister releases letter of appreciation by CEO Young Liu
Source: IANS
6/03/2023 5:56:02 PM
Arvind Kejriwal to address public rally in Karnataka to kickstart poll campaign The Aam Aadmi Party (AAP) will kickstart its election campaign in Karnataka with a mega event in Davanagere city on Saturday where Delhi Chief Minister Arvind Kejriwal is slated to address a public rally. AAP is hoping to make its presence felt in Karnataka and hope to win seats and send its representative to the Karnataka legislature. The public rally is organised at the Government High School Grounds in Davanagere city. Kejriwal and his Punjab counterpart Bhagwant Mann will first reac...
Arvind Kejriwal to address public rally in Karnataka to kickstart poll campaign
Arvind Kejriwal to address public rally in Karnataka to kickstart poll campaign
Source: IANS
4/03/2023 11:42:00 AM
Foxconn Group announces investment project in Karnataka In a boost to India's Atmanirbhar Bharat ambitions and Karnataka's success in drawing investments in the electronics manufacturing and assembly segment, Hon Hai Technology Group (Foxconn) has announced a major investment in the state, an official statement said on Friday. Land of 300 acres for the project has been identified near the Bengaluru International Airport, in Doddaballapura and Devanahalli taluks. A Foxconn team, led by CEO and Chairman Young Liu, and comprising 16 sen...
Foxconn Group announces investment project in Karnataka
Foxconn Group announces investment project in Karnataka
Source: IANS
4/03/2023 10:03:37 AM
Prime Minister Narendra Modi to visit poll-bound Karnataka thrice in March, Oppn worried Ruling BJP in Karnataka is making all-out efforts to return to power by capitalising on the "Modi wave" in the state. According to party sources, Prime Minister Narendra Modi is all set to visit poll-bound Karnataka thrice this month. PM Modi has made five visits to Karnataka this year and participated in various programmes, including roadshows and public rallies. He has also toured different parts of the state covering all regions. During his visits, he had attacked Congre...
Prime Minister Narendra Modi to visit poll-bound Karnataka thrice in March, Oppn worried
Prime Minister Narendra Modi to visit poll-bound Karnataka thrice in March, Oppn worried
Source: IANS
2/03/2023 5:58:41 PM