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...

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...