Karnataka Govt signs MoUs worth Rs 22,000 crore with 7 companies at WEF meet at Davos
Bengaluru (PTI): The Karnataka government said on Wednesday it has signed MoUs with investment proposals to the tune of Rs 22,000 crore with seven companies at the World Economic Forum Annual Meeting in Davos.
As part of the MoUs signed on Tuesday, Web Werks proposes to set up a Rs 20,000 crore data centre park in the State, while four other companies plan to invest a total of Rs 2,000 crore, according to a statement issued by the Karnataka Minister for Large and Medium Industries and Infrastructure Development M B Patil.
A delegation from the state, headed by Patil, engaged in a series of deliberations with industry leaders during the WEF Meet 2024 in Switzerland, it said.
The Lulu Group is set to venture into food processing in Vijayapura district, with plans to invest Rs 300 crore in a plant dedicated to exports, the statement said.
Takeda Pharmaceuticals intends to establish a global innovation centre in Bengaluru and is actively scouting for suitable campus locations, it was stated.
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Jharkhand: 6 arrested for kidnapping Bengal businessman, associate
Khunti (PTI): Six persons have been arrested for allegedly abducting a West Bengal-based businessman and his associate in Jharkhand's Khunti district and demanding a ransom of Rs 10 lakh, police said on Sunday.
The incident occurred on Friday in Tilmi area under the jurisdiction of Jariyagarh police station. Upon receiving information, police rescued both victims, they said.
Torpa Sub-divisional Police Officer Christopher Kerketta said, "We have rescued both the victims and arrested six people for their alleged involvement in the crime."
The businessman, identified as Haru Mukherjee (65), had come to the house of his associate, Vijay Oraon (40), to recruit labourers for work at a brick kiln.
The accused hail from different parts of Khunti, and police also seized a four-wheeler, three motorcycles, and five mobile phones from their possession, the officer said, adding an FIR has also been registered and further investigation is underway.
