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.
Taj Group of Hotels will invest about Rs 1,000 crore (Rs 10 billion) for building four hotels in Bangalore.
You have a choice -- would you prefer to travel three hours by road or fly to the airport. Although there is a lot of hype surrounding the Bangalore International Airport, which is coming up at Devanahalli, there are enough and more worries regarding reaching there.
The government on Thursday enabled Bangalore International Airport Ltd to make changes in the project design so as to be able to cater to 8.4 million passengers by 2010 against the earlier target of 2020.
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".
Paving the way for development of the first-ever 'greenfield airport' in the country, the government signed a concession agreement with Bangalore International Airport Company Ltd for it to come up at Devanahalli in Karnataka over the next 33 months.
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.
Karnataka Chief Minister S M Krishna said on Wednesday that work on the much delayed multi-crore Bangalore International Airport project, near Devanahally on the city outskirts, would commence from June 1.\n\n\n\n
Karnad, a recipient of Jnanpith Award, was also conferred the Padma Shri in 1974 and the Padma Bhushan in 1992.
Infosys is developing three more projects at Electronics City.
Under severe attack for his remarks that Bengaluru International airport should have been named after 18th century Mysore ruler Tipu Sultan rather than the city founder Kempegowda, Jnanpith awardee Girish Karnad on Wednesday offered his apology.
Three enthusiasts, who now run cycling ventures in Bengaluru, write about biking trails in and around the city
After a 25-year stint at ICICI Bank, Mor suddenly quit as he wanted to add more value in the bigger areas of health care and financial inclusion.
Jnanpith awardee Girish Karnad and Bharatiya Janata Party Member of Parliament Prathap Simha have allegedly received death threats on social media as the controversy rages in Karnataka over the birth anniversary celebrations of 18th century Mysore ruler Tipu Sultan.
The real estate sector is set to enter a progressive phase in 2015.
