Karnataka clears Rs 18,430 crore investment proposals; 15,000 jobs expected
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Bengaluru (PTI): Karnataka Chief Minister Siddaramaiah on Monday said investment proposals worth a total of Rs 18,430.44 crore have been approved, which are expected to generate employment for over 15,000 people.
The approvals were granted at the 67th meeting of the State High-Level Clearance Committee, chaired by Siddaramaiah.
Speaking after the meeting held at his official residence, Krishna, the CM, said approval was granted to a total of 17 project proposals, including 11 new investment proposals and six expansion proposals.
He said the 11 new proposals would bring in investments worth Rs 14,906.9 crore across various districts of the state and are expected to create around 13,050 jobs.
According to a statement issued by the CMO, the major new projects approved include investments by companies such as River Mobility Private Limited (Rs 1,028 crore) in Kolar in the EV and automobile sector, Genx PV India Pvt Ltd (Rs 1,000 crore) in Chikkaballapura in the solar sector, and Aerostructures Manufacturing India Private Limited (Rs 1,356 crore) in Belagavi in aerospace manufacturing.
Besides this, the six additional investment proposals will bring in Rs 3,523.54 crore across different districts, generating employment for about 1,982 people, it said.
These include projects by companies such as Poddar Plumbing System Private Limited, Colortone Textiles Private Limited, Goodrich Aerospace Services Private Limited, MSPL Limited, Wipro Global Engineering and Electronic Materials Private Limited, and Indian Cane Power Ltd, the CMO added.
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Two incidents of betting over IPL cricket matches in Mysuru: Five men arrested
Mysuru: Police have arrested five people in two separate cases where betting for the IPL cricket matches was going on, and have confiscated various equipment used by the arrested men for the illegal activity.
In the first case, Hebbal Police arrested two men who were reportedly found betting during the IPL cricket matches, and have confiscated one laptop and three mobile phones from the arrested men.
The arrested men are identified as Pradeep (39) and Praful (21) of Naidu Nagar.
The police team is learned to have conducted the operation on the third floor of a hotel within the Hebbal Police Station limits on getting information of betting over the IPL matches going on. The gamblers allegedly were getting citizens to invest money online and betting illegally on IPL matches over mobile phones and laptops in order to illegally earning money from them.
Pradeep and Praful were taken into custody by the police who have filed a case and are investigating it.
The second incident occurred near the Town Hall on Thursday, May 7, when Devaraja Police arrested three men who were gambling.
The police have arrested Kumar (33) of Mandimohalla, PV Vinod (32) of Ilava and Likhith Kumar (27) of Paduvarahalli.
The three men were reportedly carrying out their criminal activity inside a car parked behind the Town Hall on Thursday, in order to earn money from the IPL tournament through a mobile phone. They were also found to have gotten citizens to invest money online and off-line in the cricket matches.
They were found and arrested by policemen who were on beat in the area near the Town Hall. In addition, one car, Rs 15,900 in cash and three mobile phones were seized from them.
A case has been registered by the Devaraja Police officers, who are investigating the case.
