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Air India and Tata Advanced Systems Ltd (TASL), a player in aerospace and defence solutions, on Monday signed a memorandum of understanding (MoU) with the Karnataka government for an investment of ~2,300 crore in the state's aerospace and defence sector. The strategic move is expected to enhance Karnataka's aerospace ecosystem and help create over 1,600 direct and 25,000 indirect jobs in the state.
In the proposed city, 15 per cent of the allotted land should be designated for educational institutes, such as research universities; 15 per cent for setting up healthcare facilities; 20 per cent for R&D centres and corporate offices of various industries; 10 per cent for startup spaces; 20 per cent for residential complexes; 15 per cent for commercial and retail spaces; and 5 per cent for government offices and utilities.
Speaking on the occasion, Infrastructure Development Minister MB Patil stated that the agreement highlights how the project is going to be executed under the loan. He added that it mentions the terms and conditions of the loan towards the project, its repayment schedule, and obligations.
Belagavi (K'taka), Dec 13 (PTI) The Karnataka government is considering demands to name Hubballi airport after Krantiveera Sangolli Rayanna and Belagavi airport after Veera Rani Kittur Chennamma, Minister M B Patil told the Legislative Assembly on Wednesday.
The first voyage of Ukraine’s Food Train embarked on Nov. 23, bringing traditional American Thanksgiving dishes like baked turkey and pumpkin pie to the people of the frontline town of Izyum.