Bengaluru to host inaugural edition of GITEX Ai India 2027
Bengaluru (PTI): GITEX GLOBAL, the world's largest technology and AI events network, will make its India debut with GITEX Ai India, to be held in April 2027 in Bengaluru, officials said on Thursday.
The event will be organised by Dubai World Trade Centre (DWTC) and KAOUN International in strategic partnership with Karnataka's Department of Electronics, Information Technology and Biotechnology, they said.
According to an official statement, the announcement was made at GITEX GLOBAL 2025 in Dubai, where the Indian tech community has consistently been one of the largest participating delegations, reflecting the strong and long-standing ties between Indian innovators and the GITEX ecosystem.
Recognised globally as India's technology capital, Karnataka contributes 42 per cent of India's software exports, houses over 50 per cent of the country's AI and deep-tech talent and is home to the largest concentration of unicorns and GCCs (Global Capacity Centers) in the nation, it said.
Bengaluru's thriving startup ecosystem, robust R&D infrastructure and strong academic-industry linkages make it the natural choice to host GITEX's first India edition, it added.
Speaking on the development, Information Minister Priyank Kharge said: "Welcoming GITEX Ai India to Bengaluru is a proud moment for us. Discussions around this began during GITEX Africa earlier this year, and I'm glad our Department and the GITEX team were able to make it possible."
"With our deep talent base, strong research ecosystem and global connectivity, Karnataka is the natural anchor for the inaugural GITEX Ai India 2027. We look forward to showcasing the best of our innovation to the world," he added.
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Power tariffs under BESCOM to rise from May 1
Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.
The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.
As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.
"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.
"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.
Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.
