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Apple plans to assemble iPhones in Bengaluru from April-2017

Apple plans to make iPhones for the Indian market in Bengaluru. Wistron, a Taiwanese OEM maker for Apple, is setting up a facility in Peenya, the city’s industrial hub, to manufacture the iPhones. The facility will start production from next April, according to industry sources. Top sources in the company confirmed to TOI that Apple […]

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F-16 team in Bengaluru to discuss potential partnership

After making a bid to sell F-16s to India, a team from US aviation major Lockheed Martin arrived in Bengaluru to meet potential industrial partners, officials said on Wednesday. Lockheed Martin’s ‘Make in India’ F-16’s (Block 70) executive team are set to conduct a meeting this week with local aerospace suppliers and tier one industry […]

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THIRD WEALTHIEST CITY IN INDIA is BENGALURU

Bengaluru is the third wealthiest city in India according to a study. Bengaluru boasts of a total wealth of USD 320 billion. The city is home to 7,500 millionaires and 8 billionaires. India’s financial capital Mumbai, home to 45,000 millionaires and 28 billionaires, is the wealthiest city in the country with total wealth of USD […]

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Bengaluru is second fastest growing start-up ecosystem in the world.

Bengaluru is the fourth most innovative city and is the second fastest growing start-up ecosystem in the world. “The city hosts diverse industries spanning machine tools, electronics, defence, aeronautics, garments, medical, bio-tech and a host of research institutes, both national and International. In fact by the year 2020, estimates are that city is likely to […]

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China’s Huawei set up its biggest global service centre in Bengaluru

China’s leading telecom gear maker Huawei has set up its biggest global service centre in Bengaluru at an investment of `136 crore. The centre will support Huawei’s domestic and international telecom carrier customers in 30-plus markets across Asia, Africa and Middle East, handling more than 50 projects across these markets. “Some 1,000-odd techies, comprising engineers […]

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Bengaluru’s office space vacancy is only 3%

The IT capital of India has only 3% vacancy in office space, an all-time low, against the top seven cities in the country as strong demand from corporates sucks up space but builders are moving to pre-fabricated buildings and customised offices to stay in business. According to JLL, the average vacancy in commercial real estate […]

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Qualcomm
Qualcomm to lease 5L sqft of office space in Bengaluru

Mobile chip maker Qualcomm is close to acquiring about 0.5 million square feet of office space in Bengaluru to expand its operations in the city, according to people familiar with the matter. The company is looking for space in Outer Ring Road, which is home to numerous multi-national companies including Google, Cisco and Visa, sources […]

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Apple
Apple picks north Bengaluru – Yelahanka for its 50k sft new office space

Apple has leased about 50,000 sq ft of office space in Yelahanka, north Bengaluru, for its design and development accelerator to support engineering talent and grow the country’s iOS developer community, sources said. The office space, expected to house about 300 people and open next year, will be in RMZ Galleria — an 11-acre plot […]

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LinkedIn
Bengaluru is India’s most preferred city for professionals to work: LinkedIn

Bengaluru, India’s technology hub is witnessing a larger inflow of qualified professionals than it is losing talent to other cities in the country, according to social network firm Linkedin that compiled data based on changes users made on their profiles on its platform. Nearly a third of its 2.3 million users in the IT capital of […]

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Malyasia’s Parkway Group to acquire Bengaluru’s Vikram Hospital

Malaysia’s IHH Healthcare, which owns Parkway Hospital Group, is close to finalising a Rs 600 crore deal to acquire Vikram Hospital, the Bengaluru-based multiple speciality hospital chain, which will help it to strengthen its presence in India, people familiar with the development said. Parkway has a presence in Bengaluru, with its acquisitionof BGS Hospital last […]

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Bengaluru developers completing office projects ahead of deadlines: JLL

As corporate occupiers in India have been staring at a severe supply crunch of ‘right product-right place’ grade-A commercial realty, a few developers in Bengaluru have completed their office projects a couple of quarters prior to the original deadlines. Ashutosh Limaye, National Director, Research, JLL India said: “This is most probably due to developers taking […]

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bangalore metro
South India’s first underground Metro rail flagged-of in Bengaluru

It took 10 years, but the wait finally paid off as the Metro Rail’s underground stretch between MG Road and Magadi station was opened for commercial operations by Union Minister of parliamentary affairs, Venkaiah Naidu in the city on Friday. There were whistles, smiles and many curious faces as passengers boarded the Metro Rail for […]

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Start-ups
Australian authorities look to set up global startup landing pad in Bengaluru city

Australian start-ups are eager to associate with Bengaluru, the start-up capital of India. The tech city is being considered for a global start-up landing pad, one of the five that the Australian government wants to set up the world over to provide its companies access to new opportunities in global markets and boost Australia’s startup […]

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18 Mar 2014, San Francisco, California, USA --- People gather prior to the start of a keynote speech at the All Things Oracle OpenWorld Summit in San Francisco, California in this file photo from September 24, 2013. Oracle Corp on Tuesday said new software sales and Internet-based software subscriptions in its fiscal third quarter roes 4 percent from a year earlier. REUTERS/Jana Asenbrennerova/Files (UNITED STATES - Tags: SCIENCE TECHNOLOGY BUSINESS) --- Image by © JANA ASENBRENNEROVA/Reuters/Corbis
Oracle launches startup incubator in Bengaluru

Oracle has launched a global-first accelerator programme in Bengaluru with the objective of catalyzing India’s nascent startup ecosystem and provide a fillip to Prime Minister Narendra Modi’s Digital India and Make in India initiatives. The announcement comes close on the heels of Oracle CEO Safra Catz announcing a $400 million investment into the Bengaluru technology […]

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Beyond dosas and idlis: Bengaluru’s food secrets

Hip restaurants increasingly dot the city’s upscale landscape, but the charm and popularity of its old town’s rustic culinary heritage remains unabated In a narrow street, diverging from the canopied lanes of the staunchly Old Bengaluru neighbourhood of Basavanagudi—lined with row houses, as opposed to gleaming apartments—a long queue is snaking up to the counter […]

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Forget Flipkart and Ola. Here are the other richest startups in Bangalore.

“I don’t think building this scale would be possible if I didn’t move base to Bangalore,” Ola CEO Bhavish Aggarwal recently said at an event. He should know. Bhavish moved his scrappy cab-hailing startup from Mumbai to Bangalore in around 2012, and grew his little business into the US$5 billion behemoth it is today. Quikr, […]

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Bow, Wow. Bengaluru Man Pays Rs. 2 Crore For Korean Mastiff Pups

It’s a dog’s world alright! While Bengaluru’s heat is taking its toll on most,  two Korean Mastiff pups are not only cocooned in air-conditioned comfort in a city bungalow, but are also fed the choicest of food that costs so much it could equal the food bill of an entire family for a month. And […]

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Bengaluru among cheapest cities in world: EIU

Mumbai and Bangalore are among the cheapest cities in the world, according to a top London-based forecast group that named Singapore as the most expensive city. The Economist Intelligence Unit (EIU) ranked Singapore as the priciest ahead of Zurich, Hong Kong, Geneva and Paris. The EIU also said India and Pakistan accounted for five of […]

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M-Taxi
Ola, Uber launch 2-wheeler taxi services in Bengaluru

Ride hailing services Ola and Uber on Thursday announced the launch of their respective bike taxi services in Bengaluru, a move that will mark their presence in almost every possible land commute option. Uber Inc., the world’s most valuable start-up and Ola (ANI Technologies Pvt. Ltd), now offer between themselves an array of services; point-to-point […]

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Bengaluru women are increasingly high-priority consumers of alcoholic beverages at pubs

Gone are the days when vodka was a girl’s best friend Women in the city haven’t just emerged as high-priority consumers of alcoholic beverages at pubs and night clubs, they are also making a statement with their liquors of choice. And watering holes are busy upping their game to indulge them. “In five years, vodka […]

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