BENGALURU INFRASTRUCTURE PROJECTS
Zetwerk Q2 net loss widens 43%, revenue increases 18%
Zetwerk reported a 43% increase in net loss to ₹88.11 crore during the September quarter, compared to last year. Revenue from operations rose 18% to ₹4,599.36 crore, a decline from the previous quarter's growth. Losses from continuing operations widened significantly while the discontinued business saw a reduced loss. The company faced increased finance and employee stock option costs contributing to its net loss.
Modi says energy security steps taken over last decade helped India weather West Asia crisis
Prime Minister Narendra Modi inaugurated various welfare projects worth over Rs 15,600 crore in Bengaluru. These projects include initiatives related to renewable energy and petroleum infrastructure. Modi emphasized the importance of energy security amid the ongoing crisis in the Middle East. The Prime Minister also dedicated the Metro Pink Line to the public for improved connectivity.
Zetwerk’s Q2 net loss widens 43% to Rs 88 crore, revenue rises 18%
The company's discontinued civil infrastructure business accounted for a loss of Rs 34.29 crore during the quarter compared with Rs 668.85 crore in the preceding three months, when it had made provisions for doubtful receivables, delayed projects, and other expected losses.
India's first LED dome planetarium with 4.2 crore lights inaugurated in Mysuru; 15-metre dome to relay live planetary data
Prime Minister Narendra Modi inaugurated COSMOS-Mysuru Planetarium, India's first LED dome planetarium, on Friday. Built by the Indian Institute of Astrophysics, the facility features a 15-metre tilted dome with 4.2 crore LEDs, a Sky Theatre and astronomy exhibits. The inauguration came during the Prime Minister's Karnataka visit, which also included major metro and railway launches.
NH 44 linking Karur, Dindigul & Madurai, NH 785's Chettikulam–Natham stretch to get safety makeover; NHAI plans Rs 635-crore upgrade
NHAI has planned a Rs 635-crore road safety upgrade across 25 accident-prone locations on NH-44 and NH-785 in southern Tamil Nadu. The project includes 16 vehicular underpasses, three foot-overbridges, redesigned junctions, service roads, slip roads and improved streetlighting. The engineering measures aim to reduce collisions and make highway crossings safer for local commuters, pedestrians and motorists.
Bengaluru-Mangaluru-Madgaon Vande Bharat launched: New train takes passengers through Western Ghats & beach towns; check all 13 stops and timings
Bengaluru-Mangaluru-Madgaon Vande Bharat launched: Prime Minister Narendra Modi flagged off the new Yesvantpur-Madgaon Vande Bharat Express on Friday, November 13, connecting Bengaluru with Goa through coastal Karnataka. The train will pass through key destinations, including Hassan, Sakleshpur, Mangaluru, Udupi, Murdeshwar and Karwar. Regular services will begin on November 15. Check the complete route, station-wise timings, schedule and other details.
Bengaluru Metro Pink Line opens: South Bengaluru commuters get a new 7.5-km route as PM Modi flags off stretch; check stations and train timings
Prime Minister Narendra Modi has flagged off the 7.5-km elevated section of Bengaluru Metro's Pink Line, taking the city's operational Metro network beyond 100 km to 103.6 km. The Centre has also approved the renaming of three stations as Bilekahalli-IIMB, NS Palya-JP Nagar 4th Phase and SG Palya, following local demands. Commercial services on the new stretch are expected to begin on November 14.
Karnataka minister Krishna Byre Gowda says he was denied opportunity to speak at PM Modi event after metro funding criticism
Karnataka Minister Krishna Byre Gowda on Thursday alleged that his speech was removed from the programme for Prime Minister Narendra Modi’s Bengaluru Metro event on Friday, linking the decision to his recent criticism of the Centre’s contribution to metro projects. Gowda said his name was included in the draft schedule but dropped from the final list.
Astrobase to invest Rs 800 crore in Andhra Pradesh to expand rocket testing facility
The company has signed a memorandum of understanding with the Andhra Pradesh Economic Development Board to add 339 acres to the facility. The expanded infrastructure will support launch vehicle stage development, static hot-fire testing, stage-level hop tests and reusability validation.
PM Modi in Bengaluru on Nov 13, to launch Rs 15,600 Cr projects, flag Off Goa Vande Bharat
Prime Minister Narendra Modi will visit Karnataka on November 13 to launch and lay the foundation stone for infrastructure, energy, transport and urban development projects worth more than Rs 15,600 crore across Bengaluru and Mysuru.
Karnataka: Khandre orders blacklisting of L&T over delay in rural water supply projects
Karnataka's Rural Development Minister Eshwar Khandre has blacklisted L&T for delays in drinking water projects. The projects involve supplying water from Renukasagar reservoir to various rural areas in Dharwad and Belagavi districts. Khandre instructed officials to take stringent actions against contractors not meeting obligations for timely work completion. He identified inadequate power supply as a significant challenge affecting water supply operations in rural regions.
Ahead of Modi visit, Karnataka steps up pressure on Centre seeking higher central share for Bengaluru Metro
Ahead of Prime Minister Narendra Modi's upcoming visit, Karnataka is launching a campaign for metro funding. Chief Minister DK Shivakumar highlighted the state's financial burden due to project delays and land costs. The government seeks faster Central approvals for the proposed 37.8-km Sarjapur-Hebbal Metro line. Greater Bengaluru Development Minister Krishna Byre Gowda emphasized the need for increased financial support from the Centre.
Realty firms' land acquisition falls 56% to 1,445 acres in Jan-Sep: Anarock
In the first nine months of 2026, a notable drop in land acquisition activities by Indian real estate firms has been observed. Anarock attributes this decline to developers adopting a cautious strategy, influenced by rising costs and emphasized selectivity in land purchases. Notably, joint development agreements with landowners represented 25% of all deals, hinting at a stronger focus on project feasibility and connectivity.
Karnataka plans feasibility studies for 1,500 MW floating solar capacity
Karnataka is currently exploring the establishment of floating solar power projects aimed at generating 1,500 MW capacity. The initiative includes conducting feasibility studies and surveys for suitable reservoirs and water bodies. KPCL will evaluate technical aspects and environmental impacts as part of project preparation. This project reflects the state's commitment to innovative renewable energy solutions while optimizing land and water resources.
Karnataka clears Rs 6,826-crore industrial investment proposals, 131 outside Bengaluru
Karnataka's State Level Single Window Clearance Committee has approved multiple industrial projects worth Rs 6,825.93 crore. The majority of these projects will be set up outside Bengaluru, promoting regional growth. These projects are expected to generate around 18,600 jobs across various sectors, including IT and food processing. Notable investments include IT parks in Devanahalli and Doddanekundi, attracting significant capital.
Karnataka clears industrial projects worth Rs 6,825.93 cr; 18,600 jobs expected
Karnataka's recent committee meeting led to the approval of 147 industrial projects amounting to Rs 6,825.93 crore. These projects are anticipated to generate approximately 18,600 jobs across the state. Notably, 131 projects will invest in regions outside Bengaluru's urban areas to promote regional development. The investments span several sectors, including IT, semiconductors, and food processing. Major projects include IT parks and manufacturing units expected to create thousands of job opportunities.
Karnataka CM Shivakumar dismisses talk of rift with Siddaramaiah; says focus is on polls, governance
Karnataka Chief Minister DK Shivakumar denied differences with Congress leader Siddaramaiah, saying there was “neither a big rift nor a small rift” between them. He accused opponents of spreading rumours of discord.
European tech is coming to Bengaluru's suburban tracks: Rs 1,017 crore ETCS upgrade planned across two corridors
Bengaluru's suburban rail project will adopt the European Train Control System (ETCS) Level-2 for corridors 2 and 4, with the signalling infrastructure estimated to cost Rs 1,017 crore, excluding GST and customs duty. K-Ride has floated a tender for the system, replacing the earlier CBTC proposal. The Mallige and Kanaka lines are expected to have different installation timelines, while ICF will manufacture 51 three-coach trains for the project.
BDA projects on agenda as CM Shivakumar to review Bengaluru infrastructure plans on Monday
Chief Minister DK Shivakumar will conduct a review meeting focusing on key projects of the Bangalore Development Authority. Plans will include addressing traffic congestion and resolving longstanding issues related to residential sites and housing. The meeting aims to assess major infrastructure projects and set timelines for their completion. New initiatives and decisions from the BDA are expected to be announced after the review.
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