Mysore
Nandi Economic Corridor Enterprise (NECE): The management of publicly-held BF Utilities during its AGM on Monday took into view the suggestions of its shareholders and said that it will appoint merchant bankers and consultants to look into the various options to restructure a subsidiary. It will consider various options to enhance shareholder value by restructuring [...] Continue Reading »
India’s large mall developers companies are focusing on small towns, scouting for potential purchases. Developers like Future Group, Inorbit Malls (India) Pvt. Ltd and Infiniti Mall are looking to acquire malls in small cities to tap the potential there, while the top urban markets are close to being saturated. Inorbit, a division of Mumbai-based real estate developer K Raheja [...] Continue Reading »
The Karnataka government hopes in tier-II cities infrastructure will be up to expectations by 2017. M Maheshwar Rao, addressing the CII-Karnataka’s State Council meet on ‘Karnataka for India’s Growth Story’ says, “The State government is committed to creating more jobs in manufacturing sector. The aim is to return the sector on a growth path of [...] Continue Reading »
Property owners who are staying within 500 metres radius and along the outer ring road (ORR) need to pay betterment tax. MUDA has proposed to impose tax on the property owners to generate more revenue. The civic body is planning to collect Rs 20 crore in the next fiscal from the proposed betterment tax. If [...] Continue Reading »
The Dhanvantri Road, which connects many key roads, has turned in to a mess due to the ongoing widening work and bustling commercial activities on the road. Commuters, mainly motorists, are finding it difficult to ride on this busy road because of the random parking of vehicles on either side of the road. Residents having two-wheelers [...] Continue Reading »
Deputy director-general of Unique Identification Authority of India said that they have issued Aadhaar numbers to over 90% of those who have enrolled for it in Mysore and Tumkur road. In Dharwad, the enrollment process in under way. People who have not got Aadhaar number can check the status online, and if their application is [...] Continue Reading »
The State government is planning to improve the rail connectivity from Bangalore to Mysore region by focusing on a rail project that was surveyed during the regime of UPA-1. The Bangalore-Chamarajnagar rail line will be put on track and the chief minister is soon going to announce financial assistance for the project. The rail project [...] Continue Reading »
Residents of Bangalore and Mysore should get ready to face water woes this summer as the two cities are staring at a deficit of 4.17 tmc ft of water until May end. The water left in Cauvery basin can only full fill one-third of Bangalore’s water requirement and the rest two-third of the city’s water [...] Continue Reading »
As the drought condition continues to worsen, Karnataka is facing an imminent water crisis. In five years the situation became worse. Water level has reduced drastically in irrigation dams. The State government is busy with the election that they are not able to concentrate on water problem. Pushcarts and tankers are used to supply water in towns [...] Continue Reading »
The Karnataka Housing Board has started work on the development of a mega layout on the outskirts of the city. KHB is coming up with a layout in the city after 33 years. The layout has been named as KRS Nisarga as the place is near KRS dam. The demand for sites and houses are [...] Continue Reading »
