BMM Ispat steels up Hospet plant by 2 Mn tons annually

BMM Ispat, the second-largest steelmaker in Karnataka has ordered the core systems for an electrical steel plant from Siemens VAI Metals Technologies, including an electric arc furnace specially designed for combined charging of hot...

Denmark-based DISA group, is planning to step up localisation of equipment to meet growing...

DISA India, a leading supplier of high technology foundry equipment is expanding capacity at its manufacturing facilities at Tumkur and Hosakote near Bangalore. The company, part of the Denmark-based DISA group, is planning to...

1,000 tonnes per day gold ore processing plant being set up in technical collaboration...

All set to start 1,000 tonnes per day (TPD), gold ore processing plant in Gadag district of Karnataka, Hospet-based Ramgad Minerals and Mining Ltd (RMML), a Baldota Group company is excited at its future...

A Solar Park with a potential to generate up to 500 MW of power...

Goaded by the power crisis in Karnataka, the State Government is now gearing up to tap solar power in a big way. A Solar Park with a potential to generate up to 500 MW...

Maruti Suzuki India Ltd and Honda Motor Co Ltd are likely to set up...

Maruti Suzuki India Ltd and Honda Motor Co Ltd are likely to set up units in Karnataka soon and the project will create over two lakh jobs. Minister for Industries Murgesh Nirani revealed that...

Majority of investment projects just on paper in Karnataka

Just a measly 0.4 per cent of total outstanding investment projects have been completed in Karnataka in 2011-12, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM), an apex industry body....

Lanco Infratech’s Udupi Power Corporation Ltd commenced the commercial operation of its 600 MW...

Lanco Infratech’s Udupi Power Corporation Ltd, a company subsidiary, has commenced the commercial operation of its 600 MW unit II located at Udupi in Karnataka. It has informed that the principal buyers of power,...

Daily Updates

Daily updates  

Karnataka stands 5th in the country in Project Implementation

Karnataka has registered 15.3 per cent growth in the project implementation during the last quarter of 2011-12 in the wake of the country witnessing a surge in the growth of investment projects at the...

Karnataka steel industry loses its steam

Seven months after the Supreme Court issued the order to curtail rampant illegal mining by banning all forms of mining in Karnataka; the future of the Rs. 45,000 crore steel industries in the southern...