Eon Electric – Eon Goals Achieved and Achieving

Circa 1958 - a group of young technocrats indigenously developed India`s first sheet steel enclosed rewirable switch at Jalandhar in Punjab. Thus was born the Indo Asian Fusegear Limited (IAFL). The company specializes in...

FKCCI worried over rising inflation and poor industrial production

Commenting on the inflation figures for the month of September 2012 which stood at 7.81%, Mr. K. Shiva Shanmugam, President, FKCCI said that FKCCI in its earlier press release had already predicted this as...

Karnataka has a significant renewable potential of around 20GW (excluding solar)

Karnataka has a significant renewable potential of around 20GW (excluding solar), however, only capacity of 3.2GW has been explored till date. This shows up a huge potential for development of RE projects in the...

Karnataka will share 50 per cent of the cost of three railway projects in...

Karnataka will share 50 per cent of the cost of three railway projects in the state with the railway ministry. “The cabinet has approved the three rail projects and decided to release the state's...

Karnataka to steel up steel industry with 15,000 Crore

The state government in Karnataka is planning to add muscle by helping to establish steel industries in three districts with an investment of Rs 15,000 Crore during the next four to five years. The government...

Government serious on Bengaluru Infra: clears Rs 1,000 Crore loan

Karnataka Government today accorded permission to Bangalore City Corporation to borrow Rs 1,000 Crore loan from banks and financial institutions in the wake of it facing financial crunch. The state cabinet approved the proposal...

Karnataka to mine up Rs. 10,000 Crore from mining

The Karnataka government is all set to stock up Rs 10,000 Crore from the iron ore mining sector which will be transferred to a special purpose vehicle (SPV) to undertake social infrastructure development works...

Karnataka Industries No.1 Problem: Being left Powerless

Empower the power sector is the demand across industries in Karnataka. This sector’s issues are many and include Settlement Mechanisms; Tariff Setting; Centre-State conflicts; Fuel Issues; Public Private Partnerships; Peculiarities of the Indian Electricity...

Karnataka Bank’s turnover traverses Rs 50,000 Cr mark

P Jayaram Hande, General Manager, Karnataka Bank has informed that the Bank has achieved two milestones in the financial year 2011- 2012, that is by having crossed the Rs 50,000 crore turnover mark and...

British Motorcycle Major Triumph sets base in Karnataka

Following Japanese two-wheeler major, Honda Motorcycles and Scooters India (HMSI), the iconic British motorcycle brand Triumph Motorcycles has chosen Karnataka to set up their manufacturing plant. The company has sought allotment of 30 acres...