Page 5 - Bengaluru

Bengaluru may see highest growth in office rent at 5-7% next year: Report

Office rentals in Bengaluru is expected to grow by 5-7 per cent -- highest in the Asia-Pacific region -- during the next year, according to Knight Frank India. In its latest report on 'AsiaPacific Outlook 2023', property consultant Knight Frank said that rent growth in the APAC region is expected to moderate in 2023 as corporate occupiers are looking to optimise overheads and generate savings. "The steady performance of the Indian office markets seen in 2022 is expected to sustain in 2023," it said. Bengaluru's prime office rental is expected to grow in the range of 5-7 per cent YoY (year-on-year) in 2023, highest amongst the 24 APAC cities tracked in the report. Mumbai and New Delhi are the other Indian cities tracked in the report. New Delhi's prime office rental is expected to grow in the range of 4-6 per cent YoY followed by Mumbai in the 3-5 per cent YoY in 2023. The consultant attributed the expected growth in office rentals to a comparatively strong economic outlook, ...

Bengaluru: AAP to launch signature campaign demanding BBMP elections

AAP Bengaluru unit chief lashed out at BJP "for deferring" BBMP elections

Birds, bees and the big question

In the Indian education system, sex education isn't the only subject with gaps. Far too many Indians are functionally illiterate, and far too many drop out during middle school

Bengaluru researchers develop highly energy-efficient computer platform

Researchers at the Centre for Nano Science and Engineering (CeNSE), Indian Institute of Science, here, have developed a highly energy-efficient computing platform that they said offers promise in building next-generation electronic devices. The massive growth of data centres that consume enormous amounts of energy has contributed significantly to power shortages worldwide, the IISc noted. With rising demand for faster and more intelligent computers and devices, there is a pressing need to develop alternatives to traditional electronic components that will make these devices more energy-efficient, it was stated. Instead of using complementary metal-oxide semiconductors (CMOS) which are the building blocks of most electronic circuits today, the team of researchers used components called memristors that can both store data and perform computation. By designing unique memristors based on metal-organic complexes, the team could cut down the number of components needed in a circuit, grea

Explained: How 'Digi Yatra' reads one's face as the boarding pass

At the launch, Scindia said Digi Yatra will be one of the most efficient systems in the world

Samsung India to hire 1,000 engineers from top institutes for R&D units

Samsung India is planning to hire around 1,000 engineers for its research and development institutes across India, the company said on Wednesday. The young engineers will join the company in 2023, and will work on new-age technologies at its R&D institutes in Bengaluru, Noida, Delhi and at Samsung Semiconductor India Research in Bengaluru. "Strengthening their focus on innovation and cutting-edge technology, Samsung's R&D centres aim to hire new talent from India's top engineering institutes who will work on breakthrough innovations, technologies, products and designs, including India-centric innovations, that enrich people's lives. "This will further our vision of Powering Digital India," Samsung India head for Human Resources Sameer Wadhawan said in a statement. The Korean electronics major will recruit engineers from multiple streams such as Computer Science and allied branches including artificial intelligence, machine learning, computer vision and VLSI, information ...

Walton Street invests Rs 165 cr in Sowparnika Homes' Bengaluru projects

Sowparnika caters to the middle-income/affordable segment with an average ticket size of Rs 50 lakh in a project close to key employment centres and IT Hubs

IndiGo inaugurates second MRO facility at Bengaluru's Kempegowda airport

IndiGo inaugurated its second maintenance repair and overhaul (MRO) facility at Bengaluru's Kempegowda International Airport

Heavy rainfall likely in most parts of Karnataka till Nov 24: IMD

India Meteorological Department (IMD) has predicted heavy rainfall till November 24 in most parts of Karnataka, including Bengaluru

Bengaluru sees highest office rental growth across APAC; rent up 12.1 pc

Office rent in Bengaluru rose 12.1 per cent year-on-year in July-September this year, the highest in the Asia Pacific region, according to Knight Frank. In its Asia-Pacific Prime Office Rental Index for Q3 2022, property consultant Knight Frank said that Bengaluru topped the list with 12.10 per cent y-o-y (year-on-year) growth in office rentals in Q3 (July-September) 2022. Mumbai was at the 3rd rank in the index, recording 7 per cent y-o-y growth in office rentals, followed by Delhi-NCR at 14th rank, which remained stable during the period. Jakarta was in the second position with a 10.90 per cent growth in office rent. Taipei stood at fourth rank with a 5.50 per cent increase in rent, followed by Singapore with a 5.3 per cent rise, Brisbane with a 3.9 per cent appreciation and Seoul with a 3.7 per cent rise. Sydney ranked 8th with a 3.40 per cent rent increase, while Perth was at 9th position with 2.4 per cent rental growth and Shanghai at 10th rank with 1.9 per cent ...

Bomb explosion in autorickshaw: Karnataka CM says suspect had terror links

Karnataka Chief Minister Basavaraj Bommai on Sunday said the suspect who allegedly carried out a bomb explosion in Mangaluru had terror links as he had travelled to various places, including Coimbatore in neighbouring Tamil Nadu. According to the preliminary information, it was an LED-linked instrument, the Chief Minister told reporters here. The blast occurred on Saturday evening inside an autorickshaw, near a police station, leaving the passenger and the driver injured. Both have been admitted to hospital. According to police sources, a cooker fitted with detonator, wires and batteries were used to trigger the blast. After the explosion, the interiors of the autorickshaw were badly damaged. "When the antecedents of the suspect was carried out, it becomes very apparent that the name mentioned in the Aadhaar card found from the spot was different from the person who was carrying it. The suspect had a duplicate Aadhaar card. It had a Hubballi address," Bommai said. The Chief Minist

India on its way to become $30 trn economy, developed nation by 2047: Goyal

Piyush Goyal said that ONDC is a game-changing initiative, which aims to democratize e-commerce to give equal opportunity to start-ups and young entrepreneurs

Bengaluru metro on track to complete 175 km of commute by June 2025

Vadiraj Krishnamurthy, Vice President Technology and Innovation, Bosch Global Software Technologies, said the future is software defined fully programmable vehicles

ED conducts searches at 16 locations in Bengaluru in money laundering case

The Enforcement Directorate (ED) on Thursday said that it has recently conducted search operations at 16 locations in Bengaluru in connection with a money laundering case

Future of technology going to be driven by India: UAE's AI minister

Though technology is driven from places such as Bengaluru, Al Olama said it is coming from the rest of the world as well

First G20 meeting under India's presidency in Dec; FM talks in Feb

The Finance Track of the powerful G-20 grouping is older than the Sherpa Track, since G-20 was formed with the intention of governance of the global economy

India's biggest iPhone manufacturing unit coming up in Bengaluru: Vaishnaw

The biggest unit to manufacture Apple iPhone in India is coming up near Hosur in Bengaluru, which will employ around 60,000 people, Telecom and IT Minister Ashwini Vaishnaw said on Tuesday. While speaking at the Janjatiya Gaurav Divas ceremony, Vaishnaw said that six thousand tribal women residing near Ranchi and Hazaribagh have been trained for making iPhones. "Apple's iPhone is now getting made in India and it's the biggest plant in India is being set up at Hosur near Bengaluru. 60,000 people work in a single factory. The first 6,000 employees of these 60,000 employees are our tribal sisters from places nearby Ranchi and Hazaribagh. Tribal sisters have been trained to make Apple iPhone," the minister said. Apple has outsourced the manufacturing of iPhone enclosures to Tata Electronics, which has a plant at Hosur. The company gets iPhones manufactured by electronics giants - Foxconn, Wistron and Pegatron in India.

India has democratised technology: PM Modi at Bengaluru tech summit

'Our data tariffs are among the lowest in the world. During Covid-19, low data costs helped poor students to attend online classes. Without this, two precious years would have been lost for them'

PM Modi to virtually inaugurate 25th edition of Bengaluru Tech Summit today

More than 575 exhibitors and startups from 16 states are participating in the summit

Indian warehousing needs $3.8 bn to meet 223 mn sq ft demand in next 3 yrs

Top-3 sectors, namely, 3PL, e-commerce, and manufacturing & automotive, account for a 78 per cent share of warehouse leasing space across seven cities