Karnataka govt clears 5 investment proposals worth Rs 26,659 crore

News Network
December 22, 2020

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Bengaluru, Dec 22: The State High Level Clearance Committee (SHLCC) meeting chaired by Karnataka Chief Minister B S Yediyurappa on Monday cleared five projects with an total investment potential of Rs 26,659 crore and can generate employment to 13,341 people.

Investments cleared in the 55th SHLCC meeting include two proposals by Elest Pvt Ltd in Hubli/Dharwad – one include two proposals by Elest Pvt Ltd in Hubli/Dharwad worth Rs 14,255 crore on 85 acres of land for electric vehicle manufacturing, with a potential to generate employment for 867 people. The other is worth Rs 6,339 crore on 88 acres for lithium ion cells and battery manufacturing unit, that can generate 1,804 jobs.

Also cleared are proposals worth Rs 1,825 crore by Hyunet Private Ltd on 300 acres to be allotted by Karnataka Industrial Areas Development Board in Bagepalli taluk of Chikkaballapur district for Lithium batteries and electric vehicles, that can produce 2,210 jobs. Investment of Rs 1,290 crore by Miraculum Green Power Pvt Ltd on 700 acres to be taken on lease at villages in Jagalur Taluk of Davengere district to set up 110 MW hybrid wind solar power project, with a potential to generate 2,820 jobs.

Proposal worth Rs 2,950 crore by Sanali Power Pvt Ltd on 1,710 acres also taken on lease at villages in Jagalur on Taluk of Davengere district to set up hybrid wind solar power project, that can create jobs to 5,640 people.

The SHLCC meet was attended by Large and Medium Industries Minister Jagadish Shettar, Deputy Chief Minister Industries Minister Ashwat Narayan, Gaurav Gupta, Principal Secretary – Commerce and Industries department and other senior officials.

While projects with investments between Rs 15 to 100 crore are cleared by the State Level Single Window Clearance Committee (SLSWCC), chaired by the Minister for Large and Medium Scale Industries, investments above Rs 100 crore are cleared by the SHLCC, chaired by the Chief Minister.

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News Network
January 7,2025

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Mangaluru: A tragic road accident claimed the life of a young medical store owner on Monday, January 6, near Tiblapadavu, Natekallu, located on the outskirts of the city.

The victim, identified as 25-year-old Ausaf, was the proprietor of Hajira Medicals and the son of Jaleel, a resident of Derlakatte. 

The unfortunate incident unfolded as Ausaf was riding his bike from Derlakatte toward Tiblapadavu. Upon approaching a divider near Tiblapadavu, a lorry made a sudden turn, resulting in a collision between the motorbike and the rear of the lorry. Ausaf succumbed to his injuries on the spot.

Having completed his education a few years ago, Ausaf had taken up the responsibility of managing Hajira Medicals at Derlakatte Junction. He was well-known in his community for his dedication and service.

Authorities at the Mangaluru South Traffic Police Station have registered a case, and CCTV footage capturing the incident is under review. The tragic loss has left the local community in shock, mourning the untimely demise of a promising young entrepreneur. 

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News Network
January 8,2025

Mangaluru: Air India Express (AIE) has postponed its much-anticipated direct flight service between Mangaluru International Airport (MIA) and Singapore, citing low bookings. Passengers who had booked tickets for the inaugural flight scheduled for January 21 and subsequent dates have been notified of the cancellation through email.

In its email, AIE assured passengers of alternative travel arrangements, including connecting flight options between MIA and Singapore. However, the decision to delay the direct service has left travelers and travel agents disappointed.

An AIE official attributed the postponement to operational challenges but clarified that the airline has not abandoned plans for the route. “We are committed to starting the service, but there is no immediate confirmation on the new launch date,” the official stated. He further explained that sustaining a route requires consistent demand, and seasonal travel alone is insufficient to justify operations.

Another AIE representative admitted that the number of bookings for the inaugural flight was below expectations but declined to disclose specific figures.

Rajesh H Acharya, director of HQ Connections Pte Ltd in Singapore and coordinator of the Singapore Tuluver community, expressed his disappointment. Acharya, who has been advocating for a direct flight between Mangaluru and Singapore since 2017, said, “After years of effort, we finally convinced the airline to start this service, but it has now been deferred.”

Taking to X (formerly Twitter), Acharya posted: "Did not expect such behavior from @AirIndiaX, now owned by @TataCompanies & @SIAirlines. If there are issues, travelers deserve to be informed well in advance. This decision needs investigation at the highest level."

The delay has raised questions among the travel community, with many hoping the airline will address these concerns and provide a clear timeline for the launch of the Mangaluru-Singapore direct flight.

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News Network
January 15,2025

The US consulate in Bengaluru will hold its ‘site-dedication ceremony’ on January 17, with officials confirming that the location of the upcoming consulate will be disclosed during the event. Sources indicate that the site could be in either the Central Business District or Whitefield.

While the consulate building is under development, visa services may temporarily begin at the JW Marriott hotel, which currently houses the United States Commercial Service (USCS) office.

Bengaluru has long advocated for the establishment of a US consulate, and with its opening, residents of the city and Karnataka will no longer need to travel to other states for their US visa applications.

It was in January of the previous year that External Affairs Minister S. Jaishankar, during his visit to Bengaluru, expressed his intention to urge the US Ambassador to India to establish a consulate in the city. This move follows the announcement during Prime Minister Modi’s June 2023 visit to the US, where it was revealed that two new US consulates would open in Bengaluru and Ahmedabad, and India would set up a mission in Seattle.

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