Bangalore, Feb 6 : Defence Minister A K Antony today said the Indian aviation sector is growing at the fastest pace and will evolve into a major hub for aerospace operations and outsourcing in the coming days.
Inaugurating the 9th edition of Aero India-2013, at Air Force Station, Yelhanka, Bangalore, Antony underscored the need to create a strong defence industrial base in the country.
He said in view of immense opportunities available in the aerospace industry the revised Defence Procurement Policy of 2010 has provided for more public-private partnerships model to the industry.
Bangalore, Feb 5 : With the induction of Pilatus PC-7 Mark-II trainer aircraft, Indian Air Force (IAF) trainee pilots will now get a new set of wings to learn their basic flying skills.
The Swiss-made Pilatus also known as `Astra' would fill the void in basic flying training after indigenous HPT-32 Deepak was grounded around two years back.
Pilatus would also draw a lot of attraction during Aero India-2013, Asia's premier Air Show being held at Air Force Station, Yelhanka, Bangalore between February 6-10, 2013.
Bangalore, Feb 4 : Reiterating that there was no threat to the ruling Bharatiya Janata Party (BJP) Government, Karnataka Chief Minister Jagadish Shettar on Monday excluded confidence of presenting a good budget on February 8.
"I already expressed that there is no threat to the government. I am smoothly running the government. I am confident that nothing will happen and on 8th February I will present the good budget," he told the media here.
Bangalore, Feb 1 : Congress Party supporters took to the streets here on Friday pressing their demand for the dissolution of the Karnataka assembly after the resignation of at least 13 legislators of the ruling Bharatiya Janata Party (BJP).
Taunting the ruling BJP Government, the Congress supporters depicted a drama portraying Karnataka Chief Minister Jagadish Shettar as ill and admitted in an intensive care unit (ICU).
Congress counsellor Sampath Kumar lamented the incumbent government for deceiving the people, and said that it has lost the moral right to continue in office.
Bangalore, Jan 29 : Thirteen MLAs, who are loyal to Karnataka Janata Party chief and former Bharatiya Janata Party (BJP) strongman B. S. Yeddyurappa, met assembly speaker KG Bopahiah here on Tuesday and formally submitted their resignations.
The BJP earlier on Monday submitted a petition to the assembly speaker seeking the disqualification of 13 MLAs on the charge of participation in ''anti-political'' activities.
Bangalore, Jan 25 : Karnataka Governor H. R. Bhardwaj Friday said that he may ask Chief Minister Jagadish Shettar to prove his majority in the wake of 13 BJP legislators deciding to quit the assembly.
"I have summoned records from the assembly (on the strength of the parties) and if necessary will direct the chief minister to prove majority," Bhardwaj told reporters here.
The state legislature is meeting for the budget session Feb 4. Shettar wants to present the 2013-14 budget Feb 8.
Bangalore, Jan 23 : Karnataka Wednesday saw high drama as 13 rebel BJP legislators felt left high and dry as speaker K. G. Bopaiah was not in his office when they came to submit their resignations from the state assembly.
"We informed the speaker that we would meet him today (Wednesday) to submit our resignations. But he is not in the office and has not made any alternative arrangements," C. M. Udasi, who earlier in the day quit as public works minister, told reporters in the speaker's chamber.
Bangalore, Jan 19 : For the first time, Karnataka is set to see an assembly poll battle spearheaded by sharply contrasting leaderships.
The ruling BJP is going to the people under Chief Minister Jagadish Shettar's leadership while the main challenger, the Congress, is sticking to its traditional wisdom of collective leadership.
Elections to the 225-member assembly, which includes one nominated member, are due in May.
Bangalore, Jan 18 - Wipro Ltd posted net profit of Rs. 1,716 crore (Rs. 17.16 billion) for third quarter (Oct-Dec) of this fiscal (2012-13), registering 18 percent year-on-year (YoY) as per the Indian accounting standard.
In a regulatory filing Friday, the IT bellwether said its total revenue increased 10 percent YoY to 11,025 crore (Rs. 110 billion) for the quarter under review (Q3).
As per the International Financial Reporting Standard (IFRS), net income is $313 million and gross revenue $2 billion.
Bangalore, Jan 13 : Sri Balagangadharanatha Swami, an influential pontiff with large following in Karnataka, mainly from the Vokkaliga community, died here late Sunday after a brief illness, said doctors.
The 68-year old Swami was admitted to BGS (Balagangadharanatha Swami) Global Hospital here Saturday after he complained of chest pain. He was also suffering from heart disease and kidney problem and passed away Sunday, Venkataramana Gowda, a doctor and the hospital spokesperson told reporters.
Bangalore, Jan 11 - Infosys Ltd posted Rs. 2,369 crore (Rs. 23.69 billion) net profit for the third quarter (Oct-Dec) of this fiscal (2012-13), registering a flat growth year-on-year (YoY) in rupee terms.
In a regulatory filing Friday, the IT bellwether said consolidated income for the quarter under review (Q3) increased 12 percent YoY to Rs. 10,424 crore (Rs. 104 billion) and 5.7 percent sequentially.
Bangalore, Jan 3 : External Affairs Minister Salman Khurshid on Thursday backed the visa given to former Pakistan cricket skipper Javed Miandad to visit India for the ongoing one-day series, saying the Indian Government has followed proper procedures.
"It''s a decision that has been taken by the government. I can''t blame the MHA, I cannot blame ourselves; it''s a decision taken by the government. What are the circumstances, what is considered, when is the approval given, what goes into it is something that is an internal government matter," Khurshid told mediapersons here
Bangalore, Dec 26 : India pacer bowler Ishant Sharma and Pakistan wicketkeeper Kamran Akmal have been fined for their on-field behaviour during the first Twenty20 intyernational here Tuesday.
Ishant was fine 15 percent of his match fee and Kamran five percent.
The two cricketers were found guilty of Level 1 breaches of the International Cricket Council (ICC) Code of Code following an altercation during the match that Pakistan won by by five wickets.
Real estate space of Mumbai, Bangalore and Delhi will likely attract less international investments in 2013 than last year, according to a new report by PricewaterhouseCoopers (PwC) and Urban Land Institute.
The report titled "Emerging Trends in Real Estate Asia Pacific 2013" ranked Mumbai, Bangalore and Delhi at 19th, 20th and 21st spots, respectively, in the list of top twenty-two investment destinations.
Last year, Mumbai, Bangalore and Delhi were ranked at 10th, 15th and 12th positions, respectively.
According to a new study, Bangalore provides higher level of quality of living to its residents compared to other major Indian cities including New Delhi, Mumbai, Chennai and Kolkata.
The survey conducted by Mercer of 221 global cities showed that Bangalore was on the 139th position this year compared to 141 in 2011. Bangalore was the best Indian city on the list ahead of New Delhi, Mumbai, Chennai and finally, Kolkata. However, Mumbai scored higher in infrastructure parameters, according to the Mercer's 2012 Quality of Living Index.
Bangalore is now the filthiest city in India, Amiya Kumar Sahu, the president of the National Solid Waste Association of India has said.
Commenting on Bangalore's prevalent garbage crisis, Sahu said, "Bangalore used to be India's cleanest city. Now, it is the filthiest."
GM technology will help Indian farmers to produce more food using fewer resources for growing population, Professor C Kameswara Rao, Executive Secretary of Bangalore-based Foundation for Biotechnology Awareness & Education (FBAE), said.
The Technical Expert Committee (TEC), appointed by the Supreme Court, has recommended that a blanket ban of ten years should be imposed on field trials of transgenic food crops as well as field trials of transgenics in those crops for which India is a centre of origin.
Godrej Properties, the realty arm of the Godrej group, on Thursday announced the launch of a residential project called Godrej Gold Country in Bangalore in a joint venture with actor Fardeen Khan.
The Rs 100-crore residential project will come up on twelve-acre of a plot situated in Chikkabidarakallu village on the outskirts of Bangalore.
Pirojsha Godrej, managing director & chief executive of Godrej Properties, claimed that the company had already sold 10 per cent of the proposed villas.
Residents of Bangalore will be penalised in case they do not segregate garbage while dumping into wet waste, dry waste and plastic waste, the Bruhat Bangalore Mahanagara Palike (BBMP) declared on Wednesday.
The new rule, which will take effect from October 1 this year, is a part of nine-point “Action Plan” that the BBMP crafted to deal with the a whopping 4,500 tonnes of waste that residents of city generate daily.
The action plan is in response to the hue & cry raised by several welfare associations, NGOs as well as the pollution control board of the Karnataka.
The "Infosys 3.0" strategy that the software company says will help it come out of difficulties and better position it for the future will take longer than expected time to produce results, CEO S. D. Shibulal said.
The Bangalore-based $7 billion software company has missed its own sales targets, which led to decline in market vale of its shares. Tough market conditions even forced it to defer an annual pay increase.
The company adopted a new strategy dubbed the "Infosys 3.0," which will make the company to shift its focus from labour-intensive plain vanilla outsourcing services to higher-value software.