NAMMA BENGALURU CHALLENGE
UnboxingBLR and WTFund give Rs 10 lakh grant to each of five Namma Bengaluru Challenge winners
UnboxingBLR Foundation and WTFund awarded five winners of the Namma Bengaluru Challenge with Rs 10 lakh grants each. The winners presented innovative solutions for Bengaluru's urban issues, including clean water, women's empowerment, and sustainable waste management, during the Futures Conference at Bangalore International Centre.
Rapido to soon launch airport pool taxis to Bengaluru airport
Mobility players flagged excessive GST on batteries. Assets and vehicles should be efficiently utilised while creating employment opportunities should remain a priority, they said.
Nikhil Kamath's WTFund and UnboxingBLR launch Rs 10 lakh grants to tackle Bengaluru's urban challenges
Five selected entrepreneurs, startups, or community organisations who work on sustainable and innovative solution to meet Bengaluru¡¯s urban challenges will be awarded Rs 10 lakh each.
Bengaluru's Namma Metro Green line extension to start in October: Here are station details and latest update
Namma Metro's Green Line extension from Nagasandra to Madavara on Tumakuru Road is set to begin operations by October. This new stretch introduces three additional stations. The trial runs are likely to start soon. Upon completion, the extension will boost the metro network to 76 kilometers. The extended line is likely to alleviate traffic congestion, improving accessibility for Bengaluru residents.
Ola Electric IPO pricing; insolvency order against Byju¡¯s
Ola Electric's initial public offering (IPO) may hit the market at 30% below its last valuation. This and more on today¡¯s ETtech Top 5.
Bengaluru's residential real estate market soars as prices shoot up by 32% year on year
Bengaluru's real estate rose 32% to INR 7,800/sq. ft. by H1 2024, driven by premium launches (32,500 units). Post-COVID-19 demand and reduced inventory overhang (8 months) boost the market. Challenges like traffic congestion persist despite ambitious infrastructure projects. The ANAROCK report expects residential launches and sales in Bengaluru to rise by 10-15% by the end of 2024 compared to 2023.
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Bengaluru Metro: 22-km Bannerghatta Road to Nagavara metro line to open next year, says Dy CM
Deputy CM Shivakumar announced that Phase 2 Reach 6 of Namma Metro in Bengaluru will be ready next year, with 22 km corridor, 6 elevated and 12 underground stations. The work is progressing well with 75% completion on the 12 stations. Tunnel roads and metro expansion plans are also in progress.
ONDC logs meteoric rise; challenges are climbing fast too
ONDC ¨C one of the biggest bets by New Delhi as far as its array of digital public goods are concerned ¨C was floated with an aim to decentralise ecommerce in the country and bring more small sellers and buyers from across the nation to the digital medium.
Takeaways from ET Soonicorns Summit 2023: Celebrating future unicorns, maritime startups, spacetech, deeptech and more
Featuring 50+ speakers, 30+ unicorns and soonicorns, 25+ sessions, 10+ tracks, 2 report launches, Open House with Karnataka IT Minister, multiple startup showcases and more, the Bengaluru edition of the ET Soonicorns Summit 2023 will track new frontiers of growth set to fuel the next wave of India¡¯s startup-tech innovation economy.
CaratLane to challenge FEMA violation notice; govt may use DigiLocker for parental consent
CaratLane Trading is under the lens of the Enforcement Directorate (ED) for alleged violation of Foreign Direct Investment (FDI) regulations. The omnichannel retailer has challenged a show-cause notice issued by the investigative authority, sources tell us. This and more in today¡¯s Morning Dispatch.
IT firms could buy tech captives of crisis-hit banking sector; Hindenburg accuses Jack Dorsey's Block of $1B fraud
Several analysts believe that the global capability centre (GCC) ecosystem has significantly changed since the 2008 crisis stage and that the current crisis would result in an increase in GCC investments in the country.
ONDC forays into mobility category: Onboards auto booking app Namma Yatri
ONDC, Beckn and Namma Yatri have announced a city-wide hackathon for citizens to participate and contribute towards mobility solutions. This event is open between March 23 and April 9, 2023 and aims to attract innovative sustainable mobility solutions.
Bengaluru Metro rail project to complete 175 km of track by June 2025: BMRC MD
Addressing a session on the Future of Mobility at the Bengaluru Tech Summit 2022 (BTS 2022) on Friday, Parwez said as part of the second and third phase of the project, Bengaluru will have 314 km of metro rail connectivity by 2041. He said construction of metro lines was progressing well on the airport side.
Tech leaders talk Bengaluru in meeting with new Karnataka CM
Bengaluru¡¯s infrastructure woes and how the government should act to improve India¡¯s Silicon Valley was the main topic of discussion at the luncheon meeting.
Karnataka CM BS Yediyurappa unveils Bengaluru Mission 2022 to revamp city
"A blueprint has been prepared keeping in mind how Bengaluru should be in the 22nd year of the 21th century- which means 2022 that also marks the 75 years of India's independence," Yediyurappa said, speaking at the mission launch event.
Want to make Hebbal a transport hub? Just chip in
Currently, several departments have taken up a number of initiatives to develop the Hebbal junction.
Ad hoarding ban dents metro, BMTC revenue
While the BMRCL is expected to lose about ?10 crore a year, the BMTC¡¯s annual loss is estimated to be around ?4.2 crore due to the ban on outdoor advertising.
Namma Metro: You can own it too
Given the cost of real estate, acquiring land is one of the biggest challenges, admit officials.
BMRCL Writes to IL&FS Unit over ORR Metro Line Contract
The construction firm, which is a subsidiary of debt-ridden group company IL&FS has participated in all the three packages of Bengaluru¡¯s 19-km ORR metro project.
Elevated corridor finds no mention in Karnataka CM Kumaraswamy¡¯s Independence Day address
While listing out a slew of infra projects in the pipeline for Bengaluru, Kumaraswamy avoided mentioning the proposed 95-km, Rs 34,000-crore project for the city.
Walkers will overtake buses in 5 years, predicts BMTC MD
BMTC¡¯s air-conditioned services cater to around 70,000 passengers a day while Namma Metro¡¯s daily ridership is about 3.6 lakh.
Forever arriving saga of Namma Metro
With an already overburdened road network, Bengalureans are waiting anxiously for the completion of ongoing Metro projects which connect residential localities to IT hubs and industrial areas.
High cost forces BMRCL to cancel underground tenders
BMRCL managing director Mahendra Jain confirmed to ET that the tenders invited for civil works stand cancelled.
With no land for depot, Bengaluru's metro phase II in limbo
The depot planned at Challaghatta in Kengeri requires 40 acres. Of this, 17 acres were acquired by the Bangalore Development Authority (BDA) for two projects.
People are last to know about projects benefiting them
While the Pune Metro authorities took the initiative to discuss the alignment with its users, Bengaluru Metro officials did not even attend the citizens¡¯ round table.
When rains exposed Bengaluru's infrastructure woes, civic apathy
In the absence of an efficient garbage disposal system, tonnes of solid waste generated across the city found its way into the stormwater drains, blocking the flow of rain water into the lakes.
Expertise lost? Bengaluru Metro Phase I contractors opt out of tunnelling Phase II
In Phase I, the construction of underground stations and tunnels were awarded to CEC-Soma-CICI on the East-West corridor and to Coastal-TTS on the North-South corridor.
The fault is not in rain gods, but in ourselves, our poor planning
The torrential rains that inundated Bengaluru recently, causing traffic jams, building collapses and bringing misery to its residents, have brought the city's town-planning issues to the fore yet again.
Nothing smart about BMTC's cashless card
The cardholders continue to face resistance from conductors who cardholders say prefer the usual cash transaction than the smart card.
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