Nandi Infrastructure Corridor Enterprise
BF Utilities, the company which is currently executing a large sum of money in the Bangalore-Mysore expressway project is led by Baba Kalyani and recently he has decided to raise a sum of 500 crore through the route of equity. The sum will be raised for the purpose of completing the construction of the first [...] Continue Reading »
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 »
The farmers accused Karnataka Industrial Areas Development Board (KIADB) of handing over the excess land through an absolute sale deed, instead of dropping the acquisition, thus depriving them of their homes. Over 100 farmers had been protesting for the past three days. On Saturday, two farmers fell unconscious. The farmers allege that that NICE, which [...] Continue Reading »
