Flipkart seeks better infra to invest more in Karnataka

June 30, 2016

Bengaluru, June 30: India's leading e-tailer Flipkart has sought better infrastructure and ease of doing business to invest more in Karnataka for expanding its operations, Industries Minister R.V. Deshpande said on Wednesday.

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"They (flipkart) did talk about fresh investments in the state and are looking for our support, especially better infrastructure and favourable regulatory framework for e-commerce segment," Deshpande told reporters after an informal meeting with Flipkart co-founders Sachin Bansal and Binny Bansal at his home office here.

Admitting inadequate infrastructure was a cause for concern to all stakeholders, especially in the e-commerce space where supply chain and logistics were critical for e-tailing operations, Deshpande told the Bansals that the state government was addressing the issue to overcome its bottlenecks.

"On infrastructure, we understand that nothing can be done immediately, as it takes time due to constraints in early execution, as many agencies are involved in the projects" the minister asserted.

Advising the Bansals to interact more with his counterparts in the e-commerce segment and revert, the minister said the government was investing in building elevated corridors, Bengaluru Metro Second Phase and other amenities to expand infrastructure, speed-up vehicular movement and decongest the city roads.

"We are addressing the issues (roads, flyovers, ring roads) to ensure people do not get delayed and doing our best to meet the expectation of the e-commerce sector," Deshpande asserted.

Noting that without investments, no state could grow, the senior minister said the state government was doing everything to create conducive atmosphere for leveraging the city's best eco-system for the sunrise e-commerce industry.

Though registered in Singapore, flipkart is headquartered in this tech hub since 2007.

Asserting that Flipkart was seeing very good growth across categories, Sachin said the company was exploring different revenue streams, as e-commerce in India was still at two percent of shopping across the country.

"For instance, mobile phone has gone beyond other categories from penetration viewpoint. We are exploring opportunities to improve our operations and focus on execution than worry about mark downs, as flipkart is not the only company to be marked down in the e-commerce space," Sachin told reporters on the occasion.

The co-founders are also looking at mentoring leaders and developing partnership for the company to overcome headwinds, especially financial cycles.

"The Internet sector is going through down cycle, which doesn't last forever," Sachin added.

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News Network
April 10,2024

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Bengaluru: The results of the first examination for the 2nd Pre-University (PU) students were out Wednesday, registering an increase of six percentage points.

The results will be announced in colleges at around 3 pm today. Results were made available online at 11 am. Students can visit www.karresults.nic.in to check their scores.

A total of 6. 81 lakh candidates appeared for the examination and 5.52 lakh students passed. The overall pass percentage is 81.15 %. 305212 girls and 247478 boys passed the exam. The pass percentages of girls and boys are 84.87% and 76.98% respectively.

Medha D of NMKRV PU College, Bengaluru, emerged as the topper in the Arts stream by scoring 596 for 600.

In the Commerce stream, Gnanavi M from Vidyanidhi Independent PU College, Tumkur, topped the list by scoring 597 out of 600. In Science, the topper is A Vidyalakshmi of Vidyanikethan Science PU College, Hubballi, with 598.

Karnataka School Examination and Assessment Board chairperson N Manjushree said the second exam will be held between April 29 and May 16. Students can apply for revaluation, she specified.

The Karnataka 12th examination was conducted from March 1, 2024, to March 22, 2024, at various exam centres in the state. 

According to officials, around 7 lakh students have appeared for Karnataka Class 12 board examination this year.

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April 5,2024

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Bengaluru: Actor-turned-politician and independent MP from Mandya in Karnataka Sumalatha Ambareesh on Friday joined the BJP.

Veteran BJP leader B S Yediyurappa, state President B Y Vijayendra, Leader of Opposition in the state Assembly R Ashoka, national General Secretary in-charge of elections in Karnataka Radha Mohan Das Agarwal and former Chief Minister D V Sadananda Gowda were among those who welcomed the 60-year-old into the party fold at its state headquarters here.

With BJP ceding Mandya seat to its alliance partner JD(S) in the upcoming Lok Sabha polls, Sumalatha, after consulting her supporters and wellwishers in Mandya, on Wednesday announced her decision to opt out of the elections, and join the BJP.

The wife of popular film star M H Ambareesh, Sumalatha had earlier staked claim for BJP ticket for re-election from the Mandya seat that was represented by her late husband in the past. But the party convinced her and gave it to JD(S).

JD(S) state President and former Chief Minister H D Kumaraswamy is now the alliance's joint candidate from Mandya.

Kumaraswamy on Sunday met Sumalatha, and sought her cooperation in the polls.

As an independent candidate, Sumalatha had won the seat in 2019 by defeating the then Chief Minister Kumaraswamy's son Nikhil Kumaraswamy of JD(S), by a margin of 1,25,876 votes, with the BJP's support.

It was a bitterly fought election back then. The JD(S) was in an alliance with the Congress at the time.

Sumalatha entered politics in 2019 and plunged into the poll arena as an independent, after the Congress, of which her late husband was a part, denied her the ticket, as the party had ceded the Mandya seat to its then alliance partner JD(S). Both parties were then running a coalition government under Kumaraswamy's Chief Ministership.

Late Ambareesh had served as MP, MLA and Minister in Karnataka and at the Centre in the Congress governments. He was also part of Janata Dal in the past.

In the 2019 polls, Sumalatha rode on a sympathy wave following the death of her husband, who was an icon of sorts in Mandya district.

Popular Kannada film stars like Darshan Thoogudeepa and Yash (Naveen Kumar Gowda), along with her son Abishek Ambareesh had extensively campaigned for her then. 

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News Network
April 11,2024

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BJP MLA Arabail Shivaram Hebbar’s son Vivek Hebbar on Thursday, 11 April, joined the Congress party along with his supporters at Banavasi in Uttara Kannada district.

After quitting the BJP, Vivek Hebbar joined the party in the presence of state Congress vice president and former MLC Ivan D’Souza and other local party leaders.

Speculations have been rife about his father Shivaram Hebbar, an MLA from the Yellapur Assembly segment, also planning to join the Congress, ever since he did not turn up for voting during the polls to four seats of the Rajya Sabha from Karnataka held on 27 February.

The senior Hebbar’s absence from voting, despite a party whip, had caused embarrassment to the BJP. He had, however, later attributed his absence to poor health.

The BJP had also issued notice to him, which he responded to.

Shivaram Hebbar had recently met Deputy Chief Minister and state Congress chief DK Shivakumar but claimed that the meeting was about water issues in his Assembly segment.

The senior BJP leader was earlier with the Congress. He was among 17 Congress-JD(S) legislators, who had quit from their parties, which ultimately led to the collapse of the then HD Kumaraswamy-led coalition government in July 2019.

Shivaram Hebbar had subsequently won the by-poll on a BJP ticket and served as a minister in the then government of the saffron party.

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