Karnataka for policy changes in tune with emerging biz
The Dollar Business Bureau Amid a legal fight against the latest norms by the state for app-based taxi-aggregators, Priyank Kharge, IT Minister of Karnataka said on Sunday that these firms should follow the norms but also pitched for policy changes in line with emerging businesses such as e-commerce. “There are certain laws that need to be followed. If you are a facilitator or an aggregator, and if you are making money from that platform, you are responsible for safeguarding passengers or customers,” Kharge told PTI in Bengaluru while responding to a query on how state government would address the concerns raised by the companies.The Minister, however, said that the central as well as state governments should change their present policies and ...
Karnataka approves Rs.2,211 crore investment proposals
The Dollar Business Bureau The government of Karnataka has approved three projects, including Biocon and PepsiCo India, thus committing to a total investment of Rs.2,211 crore. An official release said that Biocon has proposed an investment of Rs.1,060 crore for the manufacturing of monoclonal, injectable and anti-bodies vaccines, in the Anekal Taluk. The project is expected to employ 750 people. In the same way, PepsiCo India is investing Rs.590 crore and has proposed to set up beverage and snack unit at Nanjangud taluk in Mysuru district. This project is expected to employ 900 people. The 44th state level clearance meeting that was chaired by Siddaramaiah, Chief Minister of Karnataka, also approved the expansion project of Manyata Promoters Pvt.Ltd. The additional investment for this project ...
