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Referring to the issue in granting visas by British government, the CM of Karnataka, Siddaramaiah, told UK's Prime Minister Theresa May that India's skilled tech workers in the UK must be seen as a trade priority rather than an issue of immigrationduring her one-day visit to Bengaluru.
Korean steel major Posco has signed an agreement with the Karnataka government to set up a six million tonnes steel plant in the state, Major Industries Minister Murugesh R.Nirani said in Bangalore late Thursday.
The southern Indian state of Karnataka has bagged about 400 projects worth Rs.4 trillion ($85 billion) at the two-day Global Investors Meet (GIM 2010) in this tech hub.
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Amid a legal fight against the latest norms by the state for app-based taxi-aggregators, Priyank Kharge, IT Minister of Karnataka said on Sunday that these firms should follow the norms but also pitched for policy changes in line with emerging businesses such as e-commerce.
Nirmala Sitharaman, the Minister for Commerce and Industry said today while addressing the Karnataka BJP Women's Executive Meeting, that her Ministry has recommended to the Ministry of Finance to raise tax holiday for start-ups from 3 years to 7.
Around 20 mines across the country would be put to auction soon, Union Secretary for Mines Balvinder Kumar said here today.
Of the total 17 mines auctioned so far after amendment of the MMDA Act, the highest 7 blocks belonged to Karnataka.
The Karnataka government late Monday cleared the proposals of IT bellwether Infosys Technologies Ltd to set up two more software development centres in this tech hub at an investment of Rs.2,950 crore (Rs.29.5 billion).
The Global Investors Meet (GIM), expected to bring in Rs.5 trillion (Rs.5 lakh crore) to Karnataka in the next four-five years, began in Bangalore on Thursday with the state rolling out a red carpet to global firms and India Inc.
The State Bank of Mysore (SBM), an associate bank of the State Bank of India (SBI) in Karnataka, posted net profit of Rs.446 crore for fiscal 2009-10, registering 32 percent growth year-on-year (YoY), a top bank official said on Wednesday.
According to Market Study on Upcoming Smart Cities in India, 2015, the smart cities project in India would involve overall investments in tune of USD2 trillion for development of trunk and internal infrastructure in 100 cities planned under the project. Budget allocation towards the smart cities program stood at around USD1.2 billion for 2014-15. Gujarat, Rajasthan, Karnataka and Kerala are few of the states where maximum number of smart cities would be developed in coming years. Moreover, a number of smart cities are expected to be developed with foreign assistance on Delhi-Mumbai Industrial Corridor. Few of the major companies such as Cisco, IBM, 3M, EMC, GE, Honeywell, Otis, Timten, Louis Berger etc., have already announced intentions to invest in smart cities in the country. Market Study on Upcoming Smart Cities in India, 2015 discusses the following aspects of smart cities project in India:
The concept of a one person company (OPC) was brought out as per the Company's Act 2013. Previously, in order to find a private company you need at least 2 members and directors. On the other hand, you needed at least 7 members and 3 directors in order to start a public company.
A single person was never allowed to incorporate a company earlier on. However, the Section 2 (62) of said act has made it possible for the people who want to form a company with just one director and one member.
Normally, in such a company the compliance related requirements are lot lesser than a private company.
The following things you need to know before starting an OPC:
1. What is One Person Company?
2. Minimum requirements to form an OPC
3. Features of One Person Company
4. Advantages of One Person Company
5. Why should you register such a company in Bangalore?
6. Procedure to register an OPC
7. Documents required for registering a one person company
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The government would put on auction a total of nine mineral blocks, including two from Karnataka iron ore plots, with response up to 100% bidding over reserve price.
The beautiful city of Bangalore of capital of Karnataka, which is renowned as the leading IT exporter of country. This city is said to be the 4th largest IT hub in the world and also the largest in Asia. The next unbelievable fact about this city is that the World Economic Forum has accredited the city as the Innovation Cluster
Markets would track stocks of WIPRO, ACC, RIIL, TV18 Broadcast and Karnataka Bank which are among a few top companies scheduled to report their September-quarter (Q2FY20) results on Tuesday, 15th October 2019.