State Bank of India (SBI) on Tuesday announced the launch of its first "state-of-the-art" dedicated branch for start-ups in the country here, to facilitate and support them. The branch launched by SBI chairman Dinesh Khara is located in Koramangala, which alongside neighbouring HSR Layout and Indiranagar are the biggest start-up hubs in the city. "...overall we are in a position to provide end-to-end services to start-ups, with that in mind this particular start-up branch is the first start-up branch we are starting, from the capital city of start-ups- Bengaluru.
With $18.6 billion in investments, Bengaluru made it to the top-five leading VC funding hubs across the world in 2021 - following San Francisco Bay Area, New York, Greater Boston Region and London. However, it outstripped Beijing ($13.6 billion) and Shanghai ($13.4 billion). Global tech VC investment into start-ups hit a record level of $675 billion in 2021, doubling the previous all-time high of $340.6 billion in 2020, a report by London & Partners and dealroom.co.
Housing sales hit an all-time high this year to nearly 3.65 lakh units across seven major cities, beating the previous high of 2014, on strong demand for residential properties despite a hike in mortgage rates, according to Anarock. The prices of residential properties have risen in the range of 4-7 per cent primarily due to an increase in the input costs and demand comeback post-COVID, it said. Releasing the demand-supply data of India's top residential primary (fresh sale) markets, property consultant Anarock said that the housing sales rose 54 per cent this year to 364,900 units as against 236,500 units in 2021 across the seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
The blast at The Rameshwaram Caf has caused distress and concern among the startup and information technology (IT) community, raising questions related to safety and security. Approximately 10 people were reportedly injured in a low-intensity bomb blast at The Rameshwaram Caf, a popular restaurant in Bengaluru's Brookfield. The surrounding area is a major hub for the Indian technology (tech) industry, housing many startups and top IT companies such as IBM, SAP, Accenture, International Tech Park Bangalore, and Prestige Technostar.
A cloth merchant from Kaul Bazaar in Ballari has been detained by the National Investigation Agency and Central Crime Branch in their joint investigation of the March 1 blast at the Rameshwaram Cafe in Bengaluru, sources said on Friday.
India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).
Though the state capital was considered a model for the entire country in COVID management and has seen a spike in cases during the last few days.
Prajwal Revanna, the suspended Janata Dal-Secular MP facing sexual abuse allegations, was arrested on Friday upon his return from Germany, a month after he left the country in the wake of explicit videos of his alleged actions doing the rounds in Karnataka's Haasan.
Why is the Big Apple welcoming our pachyderms? And how is India teaching the world about living with wildlife?
Foxconn's business in India has grown to over $10 billion till 2024.
A wave of high-profile player releases, including four prominent captains -- Shreyas Iyer, K L Rahul, Rishabh Pant, and Faf du Plessis -- has reshaped the landscape of the league.
Sunil Chhetri might have bid adieu to his international career but he remains deeply attached to the fortunes of the team
Naushad Moosa to step in as interim head coach.
Out of two cases of the new Omicron variant of coronavirus that have been detected in Bengaluru, one is a South African national who has left the country after testing negative, while the other is a local with no travel history, the Bruhat Bengaluru Mahanagara Palike said on Thursday.
They were similar to electronic wallet Paytm. Bommai's face figures in the middle of the QR code with the message "40 % accepted here".
Gowda will also meet representatives of the media, judiciary and the police to chalk out a plan to streamline media coverage in the courts and frame guidelines to avoid such chaos in the future.
The protests, which erupted after the Supreme Court refused to interfere with orders of the Cauvery Water Management Authority and the Cauvery Water Regulation Committee directing the state to release 5,000 cusecs of water to neighbouring Tamil Nadu, have intensified.
Curfew, imposed late on Monday night, continued to remain in force in 16 police station limits of the city which were under prohibitory orders.
The exit of WeWork from its India unit is unlikely to have an impact on the country's co-working real estate market, according to industry executives. The company last week received approval from the Competition Commission of India (CCI) to sell its entire 27.5 per cent stake in the India unit to Real Trustee Advisory Company. The majority of the stake (72.5 per cent) in WeWork India is owned by Bengaluru-based Embassy Group.
High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.
rediffGURU Nayagam PP counsels students on how to pick the right course and career.
Mumbai FC thrashed Bengaluru 4-0 in the ISL on Thursday
Besides Surat, which will also be the world's fastest growing city during 2019-35, the other nine cities are Agra, Bengaluru Hyderabad, Nagpur, Tiruppur, Rajkot, Tiruchirappalli, Chennai and Vijayawada.
The lone survivor in the IAF helicopter crash that killed Chief of Defence Staff, General Bipin Rawat, and 12 others, and initially admitted to a hospital at Wellington in the Nilgiris district in Tamil Nadu, was shifted to Bengaluru for higher treatment on Thursday, official sources said.
Several pollsters have predicted that the Congress may have an edge in Karnataka, which is BJP's southern citadel, in a hung assembly with a couple of them even projecting that the grand old party may get a majority on its own.
The spot airfares on major routes, where Vistara cancelled flights on Tuesday, have surged by up to 38 per cent, according to data provided by Cleartrip. The spot airfares for Tuesday were compared with March 5. Vistara has cancelled 52 flights on routes such as Delhi-Indore, Delhi-Srinagar, Mumbai-Kochi, and Bengaluru-Udaipur as a certain section of pilots went on sick leave, reportedly protesting against the new salary structure that was introduced as part of the airline's merger with Air India.
After killing her mother, Sen packed the body in a suitcase with her photograph and came to the Mico Layout police station. Subsequently, a murder case was registered by a police sub-inspector, Baba added.
Rachin Ravindra make a strong start to his Indian Premier League career
Indigo has zero competition on 61.2 per cent of its 838 domestic routes.
Car sales are experiencing a challenging phase with around Rs 60,000 crore worth of inventory lying unsold with dealers.
The recent blip in housing sales on a quarter-on-quarter (Q-o-Q) basis should not worry investors as the long-term prospects of real estate stocks remain on a strong foundation, according to analysts. In the first half of the calendar year 2024 (H1CY24), realty stocks surged up to 104 per cent. This sharp run should be used to book partial profit in related stocks, suggested Deepak Jasani, head of retail research at HDFC Securities.
'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
Three big cities in the country -- Delhi, Mumbai and Bengaluru -- witnessed huge spike in daily COVID-19 cases on Wednesday even as Delhi health minister Satyendar Jain claimed hospital admissions have stabilised indicating the current coronavirus wave peaked and cases may start declining soon.
Bengaluru has emerged as the world's fastest-growing mature tech ecosystem in the world since 2016, followed by the European cities of London, Munich, Berlin and Paris, with India's financial centre of Mumbai in sixth place, according to new research released in London on Thursday.
India has over 19 million cryptocurrency investors out of which nearly nine per cent are women, data from a report by cryptocurrency exchange platform CoinSwitch showed. Nearly 75 per cent of cryptocurrency investors belong to a young demographic, with ages spanning from 18 to 35 years, the report noted. This represents a significant interest in crypto among young users.
'...there's a feeling of being indebted to the sport, to my team, that I get to do this.'
Real estate developers are sitting on around 7.85 lakh unsold housing units across eight major cities and it will take them 32 months to clear these stocks at current sales velocity, according to PropTiger. However, in Delhi-NCR residential market -- which has been adversely impacted due to defaults of many big builders like Amrapali, Jaypee Infratech and Unitech -- it will take 62 months to sell over 1 lakh unsold housing units. Housing brokerage firm PropTiger.com data showed that unsold housing inventory has increased to 7,85,260 units as on September 30, 2022 from 763,650 unsold units at the end of previous quarter.
Bengaluru topped the list of 111 cities in the government's 'Ease of Living Index' on Thursday, followed by Pune, Ahmedabad, Chennai, Surat, Navi Mumbai, Coimbatore and Vadodara.
Bengaluru FC go down 0-4 against Mumbai City FC
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