Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.
Taiwanese electronics giant Foxconn's Bengaluru factory, its second-largest manufacturing unit, has commenced operation with production of iPhone 17 recently at a small scale, sources aware of the development said. Foxconn is the largest manufacturer of iPhones, and the second-biggest facility outside China in Devanahalli near Bengaluru, being set up at an investment of $2.8 billion (about Rs 25,000 crore).
India has become Apple's main export hub to the US, which consumes over $40 billion worth of iPhones annually.
A day after news emerged that Foxconn Technology Group was "forced" by Beijing to send back its Chinese engineers and technicians from its Tamil Nadu plant, sources indicate that the global electronics giant has already drawn up an alternative plan to rescue its India iPhone 17 production by bringing in experts from mainly Taiwan and the US.
The Supreme Court of India has reserved its verdict on a plea by BJP leader and former Karnataka Chief Minister B S Yediyurappa challenging an order reviving a corruption case against him. The case involves allegations of corruption and criminal conspiracy related to the allocation of industrial land. The court has framed several key legal questions, primarily focusing on the interplay between various provisions of the Prevention of Corruption Act and the Criminal Procedure Code regarding prior sanction to prosecute a public servant. The court has asked Yediyurappa's counsel to file written submissions within two weeks.
The Supreme Court referred to a larger bench the legal issues stemming from a plea of BJP leader B S Yediyurappa, including the question whether a prior sanction to prosecute is needed under the Prevention of Corruption Act after a magisterial court order of inquiry. The questions revolve around the interplay between the provisions of the Prevention of Corruption Act and the Code of Criminal Procedure on the issue of prior sanction to prosecute a public servant.
The company will move ahead with plans to have second campus on Sarjapur Road.
Strong crosswinds and heavy rains with thunder and lightning impacted flight operations from 4.05 pm to 4.51 pm, an airport official said.
Foxconn's business in India has grown to over $10 billion till 2024.
The Karnataka Rakshana Vedike (Narayana Gowda faction) on Wednesday targeted business establishments in Bengaluru and damaged their signboards and name plates which did not use Kannada.
Five Congress legislators on Wednesday threatened to resign if senior party leader and minister K H Muniyappa's son-in-law Chikka Peddanna was given a ticket to contest from Kolar in the upcoming Lok Sabha elections, bringing into open the divisions in the outfit.
On Monday, Chaturvedi became the first quadruple centurion in the Cooch Behar Trophy final as his knock earned Karnataka their maiden title in the U19 tournament.
For the May 10 assembly elections in Karnataka, the following are the 20 seats to watch out for.
The government has already implemented one of its five poll guarantees, "Shakti", by providing free services for women in public transport buses.
This is a brief background of the new Cabinet Ministers.
Before you buy an apartment within a project meant for senior citizens, ensure that the services are of a high standard. Senior citizens should not sell their current home before they are completely sure about moving into a senior citizens' project.
While Shivakumar is as usual contesting from Kanakapura, Siddaramaiah is returning to his home turf of Varuna in Mysuru district, which is currently represented by his son Dr Yathindra Siddaramaiah.
Make sure that the person you are buying the plot from is the rightful owner.
The BJP leadership knows it can't boast of governance in the state as the Bommai government has little to show. So, the game plan is to project Modi, who will reiterate how important it is for a state to have the same party ruling in power at the Centre, observes Ramesh Menon.
'What he says, he does.' 'People say if Khargesahab has said something, it will be set in stone.'
The long-time former India teammates discussed their plans for the National Cricket Academy in Bengaluru.
State government says Infosys is Karnataka's baby and it will give the company full support to stay in the IT Park.
"Congratulations to BCCI and Karnataka Government for resolving this long-standing issue. Special thanks to Amitabh Choudhary for making extra effort," Khanna said in a statement.
Karnataka has acquired 800 acres for setting up Aerospace Park in Bangalor
Jnanpith awardee Girish Karnad on Tuesday said 18th century Mysore ruler Tipu Sultan would have enjoyed the same status as of Maratha king Chhatrapathi Shivaji, if he was a Hindu and not a Muslim.
The Karnataka government will soon select a consortium bidder for the 35-km high-speed rail transport between Bangalore International Airport at Devanahalli and the city centre, a top official said in Bangalore.
Bangalore's information and biotechnology majors have again trained their guns at the government over the closure of the existing HAL airport.
Bangalore International Airport Ltd (BIAL), the operator of the new airport at Devanahalli on the outskirts of the city, has ruled out withdrawing the user development fee (UDF) on both domestic and international passengers, saying it is needed to fund future expansion. On the contrary, GMR Hyderabad International Airport Ltd (HIAL) withdrew user fees for domestic passengers bowing to pressure from public, budget airlines and the government.
After a series of protests and court cases, Bangalore, the IT capital of India, finally got a full-fledged international airport at Devanhalli, 31 km away from the city. The first flight flew to Singapore.
The flight connecting the Silicon Valley and the Silicon City is expected to benefit software professionals traveling to the Silicon Valley.
A rail link is proposed to carry passengers from Bangalore's centre to the new international airport. The Karnataka govt. has formed a SPV for this project.
Bangalore's new airport will be ready on March 7 to receive the first commercial test flights. It plans to start commercial operations on March 28 or 30, soon after Hyderabad's new airport does so on 16 March.
After witnessing IT boom, Karnataka is keen on developing aerospace industry in a big way through a special economic zone.
In a relief to Karnataka Chief Minister B S Yediyurappa and former minister for industries Murugesh Nirani, the Supreme Court Wednesday protected them from arrest in a case pertaining to alleged forgery over withdrawal of approval for a parcel of land in the state.
The BIAL proposes to levy a UDF of Rs 675 on domestic passengers and Rs 955 on international passengers. This would mean that every passenger flying out of Bangalore will have to cough up this additional amount.
BCCI president Sourav Ganguly said that senior team's head coach Ravi Shastri will be asked to get "more involved" in grooming talent at the National Cricket Academy "till the time he is coach".
The airport's owner, the Sri Sathya Sai Central Trust, which manages the religious and philanthropic assets and work of Sri Sathya Sai Baba, has invited bids for it and put the floor price at Rs 600 crore. One big attraction of this airport is that it is only 70 km from the Bangalore International Airport, coming up in Devanahalli. The vantage location will allow airlines to feed the southern sector, which currently has 30 major and minor airports.
Even as Karnataka plans to invest Rs 3,716 crore over the next 3 years to provide dedicated railway connectivity to the new international airport near Devanahalli from the city, experts feel that the Indian Railways' network in and around the city can be utilised to ferry passengers at a fraction of the cost. This network offers an intermediate solution that can ease some of the load from the highway.
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