India witnesses a flurry of significant events: Karnataka observes a state holiday honoring former CM S.M. Krishna, Sanjay Malhotra assumes the RBI governorship, PM Modi addresses the Smart India Hackathon, and Toyota launches the new Camry. Three IPOs also make their debut.
Former Karnataka Chief Minister S.M. Krishna, a prominent figure in Indian politics, passed away at 92. The Karnataka government has declared three days of state mourning, and his last rites will be conducted with full state honors. Krishna’s distinguished career spanned decades, including serving as Chief Minister, Governor, and External Affairs Minister.
S.M. Krishna, the former Chief Minister of Karnataka who spearheaded Bengaluru’s rise as India’s Silicon Valley, passed away at 92. Tributes pour in from across India, highlighting his visionary leadership and enduring legacy.
Former Indian External Affairs Minister and Karnataka Chief Minister Somanahalli Mallaiah Krishna passed away at the age of 92. His legacy includes transforming Bengaluru into India’s Silicon Valley and a distinguished six-decade political career.
Karnataka’s draft notification for platform worker social security, funded by a cess, faces critical flaws. Ambiguity in the cess calculation, based on both platform turnover and worker earnings, leads to inadequate social security coverage and potential loopholes. This analysis, using Zomato’s financial report as a case study, reveals the inherent complexities and proposes a simpler, more effective solution.
Karnataka Chief Minister Siddaramaiah took to the dance floor with tribal communities in Mysuru, showcasing his cultural appreciation and building camaraderie. This heartwarming moment was captured on video and has gone viral, highlighting the importance of inclusivity and cultural exchange.
The National Highways Authority of India (NHAI) has announced the impending opening of a crucial 71-kilometer section of the Bengaluru-Chennai Expressway traversing Karnataka, expected to be operational by the end of November 2024. This significant development will shorten the travel time between the two major cities, bringing Bengaluru and Chennai closer than ever before.
The Lokayukta police are conducting raids at 40 locations across Karnataka in connection with the alleged MUDA scam. The raids come amidst allegations against Chief Minister Siddaramaiah, who has been accused of influencing the allotment of a plot. The scam has sparked controversy and raised questions about the transparency of the MUDA process.
Dusit Hotels and Resorts is expanding its luxury portfolio with the opening of Devarana Sakleshpur, Karnataka – A Dusit Retreat, set to debut in March 2028. This will be the first Devarana retreat outside China, offering guests a unique blend of luxury and wellness amidst the scenic Western Ghats.
Karnataka Chief Minister Siddaramaiah has been summoned for questioning by the Lokayukta police on November 6th in connection with the Mysuru Urban Development Authority (MUDA) case. This summons comes after allegations surfaced of illegal site allotments made to his wife, Parvathi B M, by the MUDA. The CM has confirmed his appearance for questioning, while his wife was previously questioned on October 25th. This case has sparked controversy and political tension in the state.
