Bengaluru – Page 53

April 25, 2018April 25, 2018

Battle for Karnataka: Association for Democratic Reforms says 30% of candidates are tainted

According to the Association for Democratic Reforms (ADR), 30% of the candidates fighting polls in Karnataka are tainted. This, against 27% from the BJP, ADR had analysed candidates for 498 seats.

The name drawing the biggest ire for Congress is Ashok Kheny who is contesting from Bidar South. He has been accused of forgery, land grabbing, and murder in relation to a road project. Incidentally, the K Siddaramaiah-led Congress government had been probing these charges and a joint legislative committee formed 2014 had recommended criminal action against Kheny in 2017. However, now he has become important to garner Lingayat vote bank.

April 24, 2018

Karnataka election: Congress sharpens attack on Reddy brothers

The Congress on Tuesday has sharpened its attack on the Reddy brothers as the battle for Karnataka is set to enter its last lap. Janardhan Reddy was a former BJP minister in the state and was convicted in a mining scam case.

On the last day of filing nomonations, Chief Minister K Siddaramaiah has filed his nomination from the Badami constituency.

As all parties gear up for final round of campaigning, BJP has decided to bring in UP CM Yogi Adityanath as a star campaigner. Rukmini Rao who has been tracking all these developments.

Bengaluru is the most preferred city for office expansion in Asia Pacific

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The CBRE Asia Pacific Occupier Survey 2018 said: “Although Shanghai has a large volume of new office supply, strong expansionary demand is expected to limit downward pressure on rents.

Bengaluru is the most preferred city for office expansion in the Asia Pacific region, followed by Shanghai and Singapore, a report by commercial real estate services firm CBRE said here on Thursday.

The CBRE Asia Pacific Occupier Survey 2018 said: “Although Shanghai has a large volume of new office supply, strong expansionary demand is expected to limit downward pressure on rents.

“In contrast, large scale pre-commitments to space in new projects in core areas of Bengaluru is tightening space availability.”

It added that the marketwide supply shortage in Singapore could also pose a challenge for occupiers seeking space there.

“In India, multinationals are focusing on expanding in Bengaluru and smaller cities across the country, but have limited growth plans in the Delhi-NCR (National Capital Region) and Mumbai,” the report observed.

The demand-supply mismatch exists in New Delhi and smaller markets in the country, along with China’s Tier-1 cities, which are facing “considerable oversupply”, according to the report.

The survey was done among 50 corporate real estate executives from multinationals and large Asian corporates from October to December 2017, it said.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter