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Bengaluru Metro recorded highest footfall of 8.26 lakhs on Aug 6

Bengaluru Metro recorded highest footfall of 8.26 lakhs on Aug 6

Wed, Aug 07, 2024

Bengaluru Metro set a new ridership record with 8.26 lakh passengers on August 6, surpassing the previous high of 8.25 lakh recorded on August 15, 2022. The Bangalore Metro Rail Corporation Limited (BMRCL) reported this achievement, marking a significant milestone for the city's transit system.

'Parking Policy' with short and long-term plans needed for Bengaluru: Home Minister

'Parking Policy' with short and long-term plans needed for Bengaluru: Home Minister

Tue, Jul 16, 2024

Highlighting streamlined parking as a tool for traffic decongestion in Bengaluru, Karnataka Home Minister G Parameshwara on Tuesday told the Legislative Assembly that the city needs a "Parking Policy" with both short and long-term plans.

Homegrown Namma Yatri app raises $11 million with Google as investor

Homegrown Namma Yatri app raises $11 million with Google as investor

Tue, Jul 16, 2024

Moving Tech, the company behind community-led mobility apps Namma Yatri, Yatri Sathi, Yatri and Mana Yatri, said it will invest the fund in technology, R&D and product innovations.

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Mumbai attracts maximum amount of private equity investments of about 56% in 2016: Knight Frank India

Mumbai attracts maximum amount of private equity investments of about 56% in 2016: Knight Frank India

Tue, Apr 04, 2017

According to Knight Frank India, the percentage of PE investments in Mumbai has increased in the last decade from 28% in 2010 to 57% in 2016.

Apple to open App Accelerator in Bengaluru for iOS app developers

Apple to open App Accelerator in Bengaluru for iOS app developers

Fri, Mar 31, 2017

US tech giant Apple Inc today announced opening of 'App Accelerator' in Bengaluru, an initiative that will provide support to Indian developers and enable them to transform the design and performance of their apps on its mobile operating system iOS.

Godrej Properties to develop 7.5 acres of residential project in Bengaluru

Godrej Properties to develop 7.5 acres of residential project in Bengaluru

Wed, Mar 15, 2017

Godrej Properties has announced to develop a residential housing project of approximately 75,000 square metres (800,000 square feet) in Bengaluru city of Karnataka.

New Delhi continues to be worst Indian city for quality of living; Hyderabad & Pune rank higher in Mercer 2017 survey

New Delhi continues to be worst Indian city for quality of living; Hyderabad & Pune rank higher in Mercer 2017 survey

Wed, Mar 15, 2017

New Delhi has been ranked as the worst city in the country in terms of quality of living for a second consecutive year with a global ranking of 161.

Chennai police arrests travel startup Stayzilla's founder & CEO Yogendra Vasupal

Chennai police arrests travel startup Stayzilla's founder & CEO Yogendra Vasupal

Wed, Mar 15, 2017

Commissioner of police in Chennai has arrested Stayzilla's founder and CEO Yogendra Vasupal and locked him up in Puzhal prison.

Here are 5 key things you should look forward to in India's real estate sector this week

Here are 5 key things you should look forward to in India's real estate sector this week

Tue, Mar 07, 2017

From DLF negotiating agreement with GIC Singapore for 40% equity sale to Videocon selling Fort House for Rs 300 crore to Dawat-e-Hadiyah to Mutual Funds (MFs) to give 15 days for exit option to REITs, InvITs investors and much more happenings in India's real estate sector this week.

China's technology firm LeEco fires 85% employees of Indian unit; may exit from India in next few months

China's technology firm LeEco fires 85% employees of Indian unit; may exit from India in next few months

Fri, Mar 03, 2017

China's technology company LeEco is reported to have fired 85% of its staff in India and may exit from its operations in the country in next few months.

Mumbai-Delhi in one hour? Here are four Hyperloop routes shortlisted in India

Mumbai-Delhi in one hour? Here are four Hyperloop routes shortlisted in India

Tue, Feb 28, 2017

Passenger and freight transportation company, Hyperloop One at ‘The Hyperloop One Vision For India’ summit on Tuesday announced possible high-speed transportation routes for India.

Delhi, Mumbai will soon get housing approvals within 60 days, says Union Urban Development Minister M Venkaiah Naidu

Delhi, Mumbai will soon get housing approvals within 60 days, says Union Urban Development Minister M Venkaiah Naidu

Tue, Feb 28, 2017

Union Minister of Urban Development, Housing and Urban Poverty Alleviation Venkaiah Naidu in an interview to MagicBricks.com has said that housing approvals in Delhi and Mumbai will come within 60 days and the notification for the model approval process in the two cities is expected soon.

Bengaluru-based hiring start-up firm Belong.co raises $10 million; Sequoia Capital leads funding round

Bengaluru-based hiring start-up firm Belong.co raises $10 million; Sequoia Capital leads funding round

Tue, Feb 28, 2017

Recruitment start-up firm Belong.co has raised $10 million (nearly Rs 66.53 crore) in recent funding round led by venture capital firm Sequoia Capital India.

Residential realty likely to witness weak sales, commercial & retail segment to record stable growth in 2017: Care Ratings

Residential realty likely to witness weak sales, commercial & retail segment to record stable growth in 2017: Care Ratings

Mon, Feb 27, 2017

Care Ratings has projected India's residential real estate sector to witness low sales in 2017 on back of buyers waiting for more interest rate cut from the Reserve Bank of India (RBI), deferral of house buying decision among IT professionals, among others.

After Delhi & Southern metro cities, Uber & Ola cabbies may go on protest in Mumbai on February 28

After Delhi & Southern metro cities, Uber & Ola cabbies may go on protest in Mumbai on February 28

Mon, Feb 27, 2017

Ola and Uber attached drivers may go on strike in Mumbai on February 28 to press for their demands on steady decline in their incomes, increase in penalties and a cut on incentive policies of these two taxi-hailing app-based companies.

Mumbai emerges at top richest Indian city with total wealth net-worth of $820 billion; Delhi takes second spot at $450 billion

Mumbai emerges at top richest Indian city with total wealth net-worth of $820 billion; Delhi takes second spot at $450 billion

Mon, Feb 27, 2017

According to New World Wealth report, Mumbai recorded total wealth net-worth of $820 billion which homes 46,000 millionaires and 28 billionaires.

Infosys for first time records negative growth in hiring; recruits about 6,000 people so far in FY17

Infosys for first time records negative growth in hiring; recruits about 6,000 people so far in FY17

Mon, Feb 13, 2017

A senior official of the Telangana Government on Monday said that Infosys for the first time has registered negative growth in its hiring for the fiscal year 2016-17 (FY17).

Income Tax Department processes 92% of Income Tax Returns within 60 days

Income Tax Department processes 92% of Income Tax Returns within 60 days

Mon, Feb 13, 2017

The Government of India's Income Tax Department has processed 92% of Income Tax Returns (ITRs) within 60 days for the current financial year 2016-17(FY17).

Infosys CEO Vishal Sikka attempts to quell tensions with company founders

Infosys CEO Vishal Sikka attempts to quell tensions with company founders

Mon, Feb 13, 2017

Infosys chief executive officer Vishal Sikka on Monday attempted to allay concerns over a corporate governance row between the software services firm and its founders stating that his relations with N R Narayana Murthy and co-founders were excellent.

Hiring activity sees modest decrease of 2% in January, says Naukri.com

Hiring activity sees modest decrease of 2% in January, says Naukri.com

Mon, Feb 13, 2017

Naukri.com's recently released Jobspeak Index for January 2017 stood down 2% at 1,707 as compared to 1,748 in January 2016.

Apple's iPhones to be manufactured from Bengaluru's Wistron plant

Apple's iPhones to be manufactured from Bengaluru's Wistron plant

Fri, Feb 03, 2017

The Karnataka government has hinted at iPhones being produced from the Apple's partner Wistron Corp at the Bengaluru assembly plant being set up.

Apple plans to make iPhones in Bengaluru: Minister

Apple plans to make iPhones in Bengaluru: Minister

Fri, Feb 03, 2017

Apple plans to make its iPhones in Bengaluru, said Karnataka`s Minister of State for IT Priyank Kharge on Thursday. "An Apple team discussed with us its proposal to set up a plant in Bengaluru to make iPhones for the Indian and global markets," said Kharge in a statement here.

Hyperloop will reduce travel between Delhi and Mumbai to just one hour!

Hyperloop will reduce travel between Delhi and Mumbai to just one hour!

Fri, Jan 27, 2017

Travelling time from Delhi to Mumbai is likely to become lesser by an hour to 70 minutes if the government approves Hyperloop One.

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