Karnataka signs MoUs worth Rs 2,220 cr on day two of GIM 2025
Bengaluru, Feb 13 (PTI): The Karnataka government announced on Thursday that it has signed Memorandum of Understandings with nine companies, including Sweden-based bus and truck manufacturer Volvo, worth Rs 2,220 crore, on day two of Global Investors' Meet-2025.
Volvo has decided to expand its manufacturing plant in Hoskote near Bengaluru city and has announced an investment of Rs 1,400 crore.
Meanwhile, BBM Sports Fields & Halls Contracting LLC has committed to a Rs 250 crore for development of sports infrastructure. Steel Force Building Materials LLC will also be investing Rs 250 crore for manufacturing of steel and related products.
Seritech Farm LLP will be investing Rs 25 crore for manufacturing of exporting yarn & fabric silk products and NAZ Star Trading LLC Rs 5 crore for manufacture of garments, apparels and textile.
Morex Group will be building a convention centre for Rs 150 crore and Delwan Group - a hotel and resort for Rs 120 crore.
Club Sulaimani Food & Beverages LLP will be pumping in Rs 5 crore for cafes and restaurants, while Yusur Holding Pvt ltd is developing a wellness centre in Mysuru for Rs 15 crore.
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RCB beat MI by 18 runs after batters fire
Mumbai (PTI): Royal Challengers Bengaluru skipper Rajat Patidar, Phil Salt and Virat Kohli blasted half-centuries as the defending champions beat Mumbai Indians by 18 runs in an Indian Premier League match here on Sunday.
Salt (78 off 36 balls) and Kohli (50 off 38 balls) stitched together a 120-run stand for the opening wicket before Patidar scored a rapid 53 off just 20 balls as RCB posted 240 for 4.
In response, Mumbai Indians were restricted to 222 for 5, with RCB spinner Suyash Sharma (2/47) putting the skids on the home side with a double strike in the eighth over, from which they could not recover.
Sherfane Rutherford top-scored for MI with an unbeaten 71 off 31 balls.
While opener Rohit Sharma appeared to be struggling with a hamstring issue and had to retire hurt on 19, his partner Ryan Rickelton made 37, while Suryakumar Yadav (33) and Hardik Pandya (40) were the other contributors for MI.
Brief scores:
Royal Challengers Bengaluru 240 for 4 in 20 overs (Phil Salt 78, Virat Kohli 50, Rajat Patidar 53, Tim David 35 not out).
Mumbai Indians: 222 for 5 in 20 overs (Sherfane Rutherford 71 not out, Ryan Rickelton 37, Hardik Pandya 40; Suyash Sharma 2/47).
