Infra

The state cabinet also approved eight new Technology Business Incubators (TBIs) under Karnataka Startup Policy 2022-27 with a total allocation of Rs 80 crore.

Priyank Kharge welcomes Snabbit, says govt committed to building infra to support innovation

As reported by Moneycontrol, Snabbit moved from Mumbai to Bengaluru’s Koramangala

Kiran Mazumdar-Shaw: “I live in Karnataka, not Maharashtra; I have a vested interest in my city and state”; Congress-BJP react

While BJP and JD(S) slammed ministers for criticising Kiran Mazumdar-Shaw, Congress leaders questioned why the Biocon chairperson is not criticising BJP governments.

After Kiran Mazumdar-Shaw criticises city’s infra, DK Shivakumar says, 'Instead of tearing Bengaluru down, let’s build it up'

Biocon founder Kiran Mazumdar-Shaw’s tweet on Bengaluru’s infrastructure, recounting an overseas visitor’s comments during a visit to Biocon Park, has gone viral. Responding, deputy CM DK Shivakumar said the East Corporation will retain Rs 1,673 crore of its revenues to directly improve infrastructure across 50 wards, benefiting key IT corridors.

Arrogance, like potholes on roads, should be fixed first, says Nara Lokesh as war of words with Priyank Kharge intensifies

A war of words erupted on October 2 after Andhra IT Minister Nara Lokesh, citing a Moneycontrol report on firms moving from Bengaluru’s Outer Ring Road to north Bengaluru and Whitefield, pitched Anantapur as a hub. Karnataka IT-BT Minister Priyank Kharge hit back, calling it 'desperate scavenging'

Bengaluru to get ‘one city-one mobility card’; Karnataka aims to ease congestion by March 2026

Karnataka unveils Mission ‘Free Traffic-2026’ with a 90-day action plan, aiming to ease congestion, improve roads, and integrate public transport with a single city-wide mobility card in Bengaluru by March 2026.

Karnataka unveils 90-day action plan to fix Bengaluru’s infra woes, considers congestion pricing on ORR

Karnataka chief secretary on September 24 convened a meeting with senior government officials, Biocon founder Kiran Mazumdar-Shaw, and civic experts.

BlackBuck CEO’s post on Bengaluru’s crumbling Outer Ring Road jolts Karnataka into action

Facing flak after public outrage and social media backlash ahead of the upcoming civic polls, the CM has set a one-month deadline to fill the city’s potholes.

Why were road works not completed? Karnataka CM expresses displeasure over Bengaluru roads, sets one-month deadline to fix potholes

Under fire for the city’s poor infrastructure, CM Siddaramaiah on September 20 chaired a high-level meeting on Bengaluru roads and traffic management

Peenya Industrial Association flags pothole issue to DK Shivakumar; says many Bengaluru firms mull shifting to neighbouring states

Peenya is one of the largest industrial hubs in Asia, contributing significantly to the state’s economy, exports and job creation. However, the poor condition of basic infrastructure, especially roads, is a matter of serious concern for industrialists and investors, Peenya Industrial Association said in its letter.

Siemens’ Sunil Mathur is confident of a private capex pick-up

Factories are running at 75-80 percent of their capacity in several sectors, levels at which capex plans take shape. But a string of geopolitical conflicts and the resulting uncertainty has made them cautious, says the company's MD & CEO

Chart of the Day | EPC firms see margin pressure despite stable revenue growth

Easing of bidding norms to encourage greater participation by private firms had seen relatively smaller companies come in at competitive prices

India building long-term, asset-based strategy to bolster supply chains: Sitharaman

India is leveraging human capital, technology and digital infrastructure to deepen manufacturing and services-led growth, Finance Minister Nirmala Sitharaman said.

Why diversified infra firms are on better ground than their highway counterparts

Few companies have met their FY2025 order book guidance, given the slack in government tendering activity, particularly in roads

Bengaluru’s Outer Ring Road at breaking point: Traffic woes, poor infra trigger outrage

Bengaluru’s tech corridor, stretching from KR Puram to the Silk Board section of Outer Ring Road, employs 9.5 lakh people across 500 companies and contributes 36% to the city’s annual IT revenue.

Karnataka's bucket of woes: A listless Congress, divided BJP, citizens burdened by poor infra and price hikes

The Congress-led government, which came to power in May 2023, is treading a difficult path, burdened by an annual expenditure of Rs 52,000 crore for its five guarantees. Plus, the Union government’s disparity in tax devolution, simmering public anger over price hikes, and inadequate funds for development work has pushed the state to the brink.

Capital goods order flows reflect capex slowdown, but is it a blip?

Capital goods firms order flows portray a moderation in economic activity both in government and private sector capex, although some sectors are faring well

Govt reviews 21 issues affecting 14 infra projects in Gujarat, Rajasthan

The meeting chaired by DPIIT Secretary Amardeep Bhatia was attended by senior officials from central ministries, state governments, and project proponents, The meeting, it said, was focused on expediting issue resolution through enhanced inter-ministerial and state coordination facilitated by the Project Monitoring Group (PMG).

Karnataka to spend Rs 1 lakh crore to improve Bengaluru’s traffic, says deputy CM DK Shivakumar

Tunnel roads and a sky deck are among the major infrastructure projects that will help decongest Bengaluru, the deputy chief minister, who is also the Bengaluru development minister, has said

Why order flow challenges could mount for India’s capital goods firms

Recent feedback from the stakeholders in roads, metro rail and water segments indicates that while the bid pipeline is strong, the pace of project awards is slowing

It's over to the private sector for capex

The Budget has done its best to nudge the private sector capex by encouraging PPP models in some infra segments and revving up consumer demand

Sensex, Nifty down 12% from highs but sectoral indices fall more than 20% to enter bear market territory

Among the steepest declines, the BSE Power Index tumbled over 30 percent from its recent peak, followed by the BSE Utilities Index and BSE India Infrastructure Index, which have fallen 28.7 percent and 27 percent, respectively.

Budget 2025-26 needs to focus on capex, infrastructure spending: RBI MPC member Nagesh Kumar

The eminent economist noted that sustaining infrastructure expenditure and building it further would be very helpful for creating a much more robust trajectory of economic growth for India.

Budget 2025: Besides higher capex, India must boost private investment in roads

The government’s capital outlay for the road sector is likely to increase by 8-10 percent in FY2026 budgeted expenditure, which is likely to support the improvement in road execution

Global AI Conclave: If 100 people come to Bengaluru, only 5 leave, says MB Patil

Karnataka's large and medium industries and infrastructure development minister says Bengaluru's infrastructure is under pressure due to migration but the government is working on projects to address traffic congestion