'The biggest risk to the Indian markets from a 12-18-month view is that the current government does not get re-elected, or loses in a way that is not represented at all in the next central government.'
Bengaluru dominates Karnataka's economy and its infrastructure mess compounds the problems, with policies lagging need and expectations.
Clearly, Foxconn Chairman Young Liu and his team are looking to raise their game in India.
Such investments will bring tremendous job opportunities and strengthen the IT sector in the country
Gohil, speaking after the HC ruling earlier in the day, maintained that in the past the apex court has provided relief to accused in different cases.
Starting from next week several US business delegations would visit Bangalore to interact with Karnataka government to explore investment opportunities and at least Rs 2,000 crore (Rs 20 billion) investment would be flowing soon.
The World Photography Organisation has revealed the winners for the Sony World Photography Awards 2024.
India's stiff labour laws were one key issue that Apple CEO Tim Cook discussed with Prime Minister Modi on his recent visit.
In 2015, the Reserve Bank of India cut interest rates by 125 basis points to 6.75 per cent.
'While lower steel prices may impact a part of the quarter, this will be offset by softer raw material prices.'
The top five states cornered 30 per cent of the total investments.
A provisional order has been issued under the Prevention of Money Laundering Act against the newspaper's publisher Associated Journals Ltd and its holding company Young Indian, the central probe agency said in a statement.
24x7 power supply to farmers emerges as a political lightning rod in the state.
The share of women workers in registered factories submitting annual returns - working more than the statutorily-mandated maximum limit of 48 hours in a week - increased to a 11-year high of 33.6 per cent in 2019, shows the latest annual data released by the labour bureau. In comparison, only 27.9 per cent male workers worked more than the statutorily-mandated hours. Earlier in 2008, 39.2 per cent women workers had worked more than the prescribed work time.
Andhra Pradesh ranked No.1 with regard to the total number of investments made in textile projects this year, a study conducted by Confederation of Indian Industry-Southern region said.
Raising social security pension amounts, increasing financial assistance given under the 'Rythu Bandhu' investment support scheme for farmers and providing LPG cylinders at Rs 400 each are some of the promises made by the ruling Bharat Rashtra Samiti for the upcoming assembly elections in Telangana.
'We are very close to become a theocratic State where Hinduism is the official religion of the government.'
In a significant development, India is believed to have placed a funding request of around $55 million in its first call with the Pandemic Fund of the World Bank, sources said. The fund has been set up to finance critical investments in a bid to strengthen pandemic prevention, preparedness, and response capacities at national, regional, and global levels, with a focus on low- and middle-income countries. It was created in the aftermath of the Covid-19 global pandemic.
The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.
Under the new rules, Karnataka has mandated ride hailing start-ups to provide digital printers, install panic buttons and have taxi signage on their vehicles.
Invest in quality companies that make profits, advises stock market expert and rediffGURU Samraat Jadhav.
After topping it for two consecutive years, Gujarat slipped three places on the NITI Aayog's Export Preparedness Index (EPI) for 2022, as Tamil Nadu emerged as the most export-ready state, the central think tank said in its report released on Monday. In a continuing trend, coastal states were found to have the most robust export infrastructure, which officials attributed to the integration of maritime trade into the core of their economies. Maharashtra and Karnataka retained their positions -- second and third, respectively; Haryana was ranked first among landlocked states and fifth overall.
There are lessons for the Congress to learn from the Karnataka elections of how burying the hatchet among top leaders and not washing dirty linen in public can help, says Ramesh Menon.
A historical context would underline the same point.
The company got possession of land in Karnataka for Rs 30,000-crore steel plant, six years after it announced grand India plans.
Most politicians and even non-politicians have been honoured because of what they were purported to be electorally worth for the ruling party of their time, argues N Sathiya Moorthy.
Information technology, financials, industrials, consumer discretionary and utilities were the top five sectors to attract significant private equity capital during the quarter.
Despite high exposure to floods, Assam, Bihar, Uttar Pradesh, Odisha, and Sikkim are the best performing states in terms of flood early warning systems (EWS), according to the report by independent policy research think tank The Council on Energy Environment and Water.
State government says Infosys is Karnataka's baby and it will give the company full support to stay in the IT Park.
Foxconn means serious business in India. Its delegation to India was led by its Chairman Young Liu who met Prime Minister Narendra Modi.
'Ram Sene or Bajrang Dal were supposed to be fringe elements, but with the BJP in power, they have become mainstream elements.' 'The government is either keeping quiet or indirectly supporting them.'
The Bosch group has expressed interest to set up a plant to manufacture auto components in Bidadi over an area of 100 acres.
Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.
Addressing a BJP rally, Modi said after he levelled the "10 per cent commission" charge against the Siddaramaiah dispensation recently, he received many calls, with people disputing his information about the cut it received, and claiming it was much more.
Local residents say until about two months ago, this board carried the name of Motorola, which once had a manufacturing unit in Sriperumbudur, 40-odd km from Chennai in Tamil Nadu. In May 2020, Luxshare Precision Industry Co, a China-headquartered AirPods and iPhone assembler, had entered into a deal with the Tamil Nadu government to take over the defunct Motorola unit.
The gift was given to 40 Karnataka MPs ahead of a meeting of them convened by Kumaraswamy in New Delhi to discuss state-related issues, including the Cauvery, to be taken up in the Parliament during the monsoon session beginning on Wednesday.
The biggest loser in the ongoing political tug-of-war between the Janata Dal-Secular and the Bharatiya Janata Party will be the state of Karnataka, which has incurred a loss of $5 billion in terms of business investments. Market pundits say that the perennial political instability in the state and indecision by the government in the past one year has lead to the loss of investment opportunities.
Amazon's fulfilment centres, which store products of hundreds of vendors selling on the American online major's platform, are being cited by Karnataka state government authorities as a primary concern in an ongoing tax dispute.
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.
Spice Communications, in which Telekom Malaysia holds 49 per cent stake, will invest up to $300 million (about Rs 1,200 crore) in its existing circles in Punjab and Karnataka, a senior official of the company said.
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