It's already a home to automobile majors like Toyota, Volvo, Tata Motors and Mahindra Reva.
The Supreme Court's landmark decision to allow reopening of Category-A and Category-B mines in Karnataka has come as a big relief to the mining sector and the ore-starved steel industries in the state.
Tata Coffee Ltd, a subsidiary of Tata Global Beverages Ltd, is India's third largest exporter of instant coffee.
Infy CEO and MD talks about the factors behind the company's performance in the quarter.
UAE Exchange partners ElectraCard Services to launch 'gocash', which enables cardholders to use appropriate currency loaded on the card.
The IT co has over 2,500 employees catering to a strong client base in the country
The company has not indicated the exact rise in prices of its models
The Karnataka government is actively considering the possibility of changing the location for a proposed steel plant of Posco in north-central Gadag district; instead offer the South Korean major an alternative land elsewhere in the state. The move comes after the farmers of Halligudi village stiffly opposed plans to acquire their "fertile" land ahead of starting work on the project.
The machine tools industry is always the first to be affected in a slowing economy and the last to recover during a revival. However, bucking this trend for the first time, the Indian machine tool sector is poised to grow by over 15 per cent this year.
The CEC gave its latest report to the Supreme Court on Thursday.
It could save commuters from the stress of travelling on the congested roads during peak hours. The denizens of the city would be able to travel on the commuter rail system in the next six months.
Volvo Bus Corporation, the Swedish major, has stitched grand plans for its Indian operations. It is looking at developing the country as its fourth global hub - the others are Poland, Mexico and China - for product development, bus manufacturing, sourcing of components, sales and exports.
The company would import $10 million (Rs 45 crore) of components in 2010 from Indian vendors. It is set to increase this to $40 million by the end of 2012, a top company official said.
The company is wooing smaller towns to create awareness for Etios to be launched in December.
The workers of the two-year-old bus plant are demanding confirmation of temporary employees and reinstatement of those who were suspended in April this year, in addition to wage hike.
Mahindra & Mahindra Ltd, India's largest sports utility vehicle and tractor maker, is bullish on its latest acquisition of REVA Electric Car Company.
Most buildings have been built without the fire department's approval.
The Rajeev Chandrasekhar-owned Asianet Communications Ltd, a Bangalore-based media company, is believed to have struck a strategic alliance with Kannada Prabha, a multi-edition Kannada newspaper run by Express Publications (Madurai) Ltd.
The company plans to set up a new IT park near Kolkata and recently the company's Chairman, Azim Premji, had signed an agreement with the state government to acquire additional land.
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