Page 11 - Bengaluru

Demand for rental residential houses rose by 10-20% in 2022: Report

The highest rise in the demand for rental houses was seen in Mumbai and Bengaluru. In both the cities, the demand rose by 15-20 per cent as compared to 2019

Tata Motors bags 921 electric buses contract from Bengaluru transport corp

Tata Motors on Thursday announced that it has won an order of 921 electric buses from Bengaluru Metropolitan Transport Corporation (BMTC). Under the larger tender by Convergence Energy Services Limited (CESL), Tata Motors will supply, operate and maintain 12-metre electric buses for a period 12 years, as per the contract. "Tata Starbus is an indigenously developed vehicle with superior design and best-in-class features designed for sustainable and comfortable travel," a company statement said on Thursday. BMTC Managing Director G Sathyavathi, was quoted as saying: "This order is paramount for Bengaluru's growing need for clean, sustainable urban mass mobility. CESL MD and CEO Mahua Acharya, noted that the BMTC has placed its order for electric buses under the 'Grand Challenge of CESL'. Tata Motors said it has already received orders for 1,500 electric buses from Delhi Transport Corporation and 1,180 electric buses from West Bengal Transport Corporation, in the last 30 days.

CPRI inks MoU with Chhattisgarh govt to set up regional testing laboratory

The Bengaluru-based Central Power Research Institute (CPRI) on Wednesday signed a memorandum of understanding (MoU) with the Chhattisgarh government for setting up a regional testing laboratory in Raipur district, an official said. As per the agreement, the national-level testing unit will be established on an area of 10 acres in sector-30 of Nava Raipur Atar Nagar which will have test facilities for transformers, energy meters, transformer oil, switch fuse unit and other electricity-related equipment, the public relations department official said. Power companies will get a 20 per cent rebate in the testing of equipment, he said. The contract was signed between Chhattisgarh energy department secretary Ankit Anand and Additional Director of CPRI, BA Sawale, in the presence of Chief Minister Bhupesh Baghel here at his official residence, he said. Besides providing testing services to ensure quality in power sector producers, the CPRI, an autonomous body under the Power ministry, als

Chai Point aims to become profitable in 2 qtrs, will expand business: CEO

Bengaluru-based startup plans bigger business for its brewing system and packaged product divisions.

SBI launches its first dedicated branch to support start-ups in Bengaluru

SBI Chairman Dinesh Khara said, based on the experience which the bank gathers from here, it will keenly evaluate the opportunity that exists in other cities for such a start-up initiative.

Logistics unicorn Ecom Express sets up warehouse to serve Bengaluru

Fulfilment centre will create close to 1000 direct and indirect jobs, says company

Delhi, Bengaluru airports start biometric screening of domestic passengers

Contactless and paperless process through DigiYatra aims to reduce waiting time

Bengaluru: Tricolour hoisted at Chamarajpet Idgah amid tight security

The national flag was hoisted for the "first time" at the Idgah Maidan in Chamarajet here, whose ownership had run into controversy

ED attaches Rs 370 cr deposits, including crypto assets of a Bengaluru firm

The federal agency froze the funds after it raided the premises of the company, Yellow Tune Technologies Pvt. Ltd, located in Karnataka's capital city over three days, starting August 8.

Smartworks leases tech park in Bengaluru; aims Rs 1,000 revenue in 2022

Smartworks' revenues have increased three-fold, and it aims to reach the Rs 1,000 crore revenue milestone in 2022

Karnataka HC upholds ban on sale of firecrackers in Bengaluru city

The High Court of Karnataka has upheld the police department's decision to withdraw the no-objection certificate issued for sale of firecrackers within Bengaluru city limits

EV firm River gets $11 mn in funding to set up manufacturing plant

Uber and Twitter investor Chris Sacca's fund backs Bengaluru-based company preparing its first electric scooter

HDFC Bank Parivartan signs Rs 107 crore deal with IISc Bengaluru

HDFC Bank Parivartan on Tuesday signed a memorandum of understanding with the Indian Institute of Science, pledging Rs 107.76 crore for construction of Bagchi-Parthasarathy Hospital at IISc Bengaluru. The three wings of the hospital to be supported by the bank are cardiology, radiology and emergency medicine, it said in a statement. IISc is setting up a multi-speciality, not-for-profit, 832-bed hospital, called the Bagchi-Parthasarathy Hospital along with a Postgraduate Medical School within its Bengaluru campus. The hospital is expected to be fully functional by the end of 2024 while the first batch of MD/PhD students will be admitted in 2025. Group Head, ESG & CSR, Business Finance & Strategy, Administration and Infrastructure, HDFC Bank, Ashima Bhat, said: The new hospital and the medical school will not only bolster the healthcare needs of the entire region but will also provide a new generation of physician-scientists".

Save youth from tobacco, amend COTPA: Bangaluru youth urge PM Modi

More than 1,000 youth from Bengaluru have written to PM Modi requesting him to pass the COTPA (Cigarette and Other Tobacco Products Act) Amendment Bill 2020 in the ongoing Monsoon Session.

Suspected LeT terrorist arrested in Bengaluru, four others detained

Police in Karnataka have arrested a suspected Lashkar-e-Taiba (LeT) terrorist and detained four other persons in a late night operation in Bengaluru, sources said on Monday.

Fresh supply of office space rises 96% in Jan-Jun across 6 cities

The supply stood at 12.1 million square feet in the January-June 2021 across these six cities - Bengaluru, Chennai, Hyderabad, Pune, Mumbai and Delhi-NCR.

Bhavish Aggarwal-led Ola to invest $500 million in EV battery R&D unit

'Unique and cutting-edge' state-of-the-art battery innovation centre in Bengaluru to be world's largest

Ahead of Presidential elections, BJP MLAs moved to Bengaluru hotel

State BJP unit has organised a mock voting drill for the MLAs on Sunday

Blockchain hackathon 'Building Future Cities' to be held in Bengaluru

The hackathon is organised by Crypto investing app CoinSwitch, in association with 'Startup Karnataka', a Karnataka Government initiative, and Tejasvi Surya, Member of Parliament (Bangaluru South)

Foundation stone for IFFCO's nano area plant to be laid in Bengaluru today

IFFCO said it has planned to set up another eight plants across the country with a capacity of 34 crore bottles (500 ml) per annum