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Embassy Developments Ltd. signs ₹1,125-crore land deal with global semiconductor maker
: Embassy Developments Ltd. (EDL), through its wholly owned subsidiary Embassy East Business Park Pvt Ltd., has signed definitive agreements with Lam Research (India) Private Limited, a leading global semiconductor equipment manufacturer, to sub-lease and subsequently divest, upon receipt of required regulatory approvals, 25 acres in Whitefield, Bengaluru.
South Western Railway’s Bengaluru division holds meeting with parcel, freight customers
The Bengaluru Division of the South Western Railway (SWR) conducted a productive meeting with parcel and freight customers recently, aimed at addressing the challenges faced by parcel customers and leaseholders, and improving service quality, an official press release has said.
Canara Bank first to offer DBCCs online
In a move to enhance efficiency and eliminate manual processes, Canara Bank has become the first bank to offer an online Digital Balance Confirmation Certificate through the PSB Alliance Pvt. Ltd portal.
Martial Volvo Cars unveils the latest XC90 in Karnataka
Volvo Cars India recently unveiled the new XC90, setting an innovative benchmark for luxury SUVs.
Bengaluru airport recognized best for arrivals globally, wins award for third successive year
Kempegowda International Airport, Bengaluru, (KIAL) has been awarded the esteemed ACI ASQ Award for Best Airport at Arrivals Globally in 2024, for the third consecutive year, as voted by passengers.
Economic reporting gets a boost: India to launch monthly labour surveys and update IIP
The Union Ministry of Statistics and Programme Implementation (MoSPI) has put its 2025-26 Advance Release Calendar on its website for the public. This is part of its endeavours to improve openness and expedite statistics reporting.
Volvo Group to invest Rs 1,400 crore in Hosakote plant expansion
Swedish-based Volvo, known for manufacturing buses and trucks, has decided to expand its manufacturing plant in Hosakote and has announced an investment of Rs 1,400 crore.
The Bottomline: India needs more private sector investment for sustainable growth; onus on government to incentivise commitment
For any economy to have overall development and sustainable growth, private sector investment is essential. The government must woo private sector investment for this to happen.
Centre invites applications for creation, expansion of food processing units
The Ministry of Food Processing Industries, Government of India, has invited applications under the scheme for Creation and Expansion of Food Processing and Preservation Capacities (CEFPPC) of the Pradhan Mantri Kisan Sampada Yojana (PMKSY) from prospective entrepreneurs belonging to the “general category” for setting up of food processing units outside Mega Food Parks and outside Agro Processing Clusters, a media release from the press Information Bureau has said.
Update for exporters, from Directorate-General of Foreign Trade
The Directorate-General of Foreign Trade (DGFT) has launched the enhanced Certificate of Origin (eCoO) 2.0 System, a significant upgrade designed to simplify the certification process for exporters and enhance trade efficiency, a media release from Press Information Bureau has said.
