SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Bangalore

Infineon Technologies to acquire Bengaluru-based C2i Semiconductors to strengthen artificial intelligence data centre power solutions

16 hours ago

Global semiconductor manufacturer Infineon Technologies AG has entered into a definitive agreement to acquire C2i Semiconductors, a technology enterprise headquartered in Bengaluru, India. The transaction, announced in late August 2026, focuses on integrating software-defined multiphase controllers and smart power stages into Infineon's existing semiconductor operations. The deal enhances Infineon's research and development presence in India, where it currently maintains a workforce of approximately 2,800 employees. Subject to regulatory approvals and customary closing requirements, the transaction is expected to complete in the third quarter of the 2026 calendar year.Read more

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Puravankara signs joint development agreement for 7.83-acre South-East Bengaluru parcel, GDV pegged at INR 1,100 crore

Bangalore News Desk

26 Aug 2026

Puravankara Limited has entered into a joint development agreement for a 7.83-acre land parcel in South-East Bengaluru, carrying an estimated Gross Development Value of INR 1,100 crore. The project will have a saleable area of approximately 0.89 million square feet and will be developed as a residential community. This marks the company's fifth land transaction in Bengaluru for FY27. Managing Director Ashish Puravankara said the deal reflects the company's disciplined, capital-light approach to expanding its development pipeline in markets with consistent end-user demand.Read more

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AERA cuts Bengaluru airport user fee for domestic and international passengers

25 Aug 2026

Airport regulator AERA has reduced the User Development Fee (UDF) at Bengaluru airport to INR 300 for departing domestic passengers and INR 997 for departing international passengers for the current five-year control period. The revised charges will take effect from September 1, 2026. AERA has also introduced the incremental Average Revenue Requirement framework for the first time, allowing the airport operator to recover costs of major capital projects only after they are completed and commissioned. The regulator said the approach would prevent passengers from paying upfront for airport infrastructure that is not yet operational.Read more

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Bengaluru Metro Blue Line to be fully operational by March 2028

25 Aug 2026

Bengaluru’s 58-km Blue Line, connecting Central Silk Board with Kempegowda International Airport (KIA), is expected to become fully operational by March 2028, with different sections scheduled to open in phases from 2027. The Central Silk Board-KR Pura section is targeted for commercial operations by mid-2027, while the Hebbal-KIA section is expected to be ready by September 2027. The remaining KR Pura-Hebbal section is likely to be completed between December 2027 and March 2028. Construction complexities along the Outer Ring Road and provisions for future integration with the proposed Orange Line have affected the overall timeline.Read more

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IndiQube leases 1,300 seats to global audio series platform in Bengaluru

24 Aug 2026

IndiQube has secured a workspace expansion deal with a leading global audio series platform, which has leased nearly 1,300 seats at the managed workspace provider’s tech park facility on Bengaluru’s Outer Ring Road. The deal is valued at approximately INR 68 crore and expands an existing relationship between the two companies. The client had initially scaled its operations from IndiQube’s Koramangala facility before moving to the larger enterprise environment on the city’s prime IT corridor. The transaction adds to IndiQube’s enterprise portfolio and its presence among India’s high-growth technology companies. The company said startups and unicorns account for nearly a quarter of its overall occupancy, with more than 50 unicorns having selected IndiQube as their workspace partner.Read more

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Krishvi Group to invest INR 760 crore across three Bengaluru residential projects

24 Aug 2026

Krishvi Group is planning an INR 760-crore investment across three residential developments in Bengaluru, with a combined estimated gross development value of INR 1,050 crore. The projects will be spread over 6.5 acres and together comprise around seven lakh sq ft of residential development. Two projects are planned in Hennur, while the third, HBR Lakeside Residences, is located in HBR Layout. The Hennur developments will involve outright land acquisitions, whereas the HBR Layout project will be undertaken through a joint development arrangement. The proposed investments will expand the developer’s presence in North Bengaluru’s residential market, where demand for premium housing has continued to support new project launches.Read more

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KRONES manufacturing facility inaugurated in Karnataka

21 Aug 2026

Germany-based KRONES has inaugurated a new manufacturing facility for bottling machinery at Vemagal Industrial Area in Karnataka’s Kolar district. The INR 315 crore facility, spread across 16,000 square metres, has been established in 18 months and is expected to create around 400 jobs. The company received approval for its investment proposal in October 2024 and was allotted 30 acres for the project. The facility will manufacture ErgoBloc packaging systems and machinery for different types of bottles, including equipment capable of producing up to 1,00,000 Coca-Cola-type bottles per hour.Read more

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Arrive opens new 20,000-square-foot innovation hub in Bengaluru

20 Aug 2026

Global mobility platform Arrive has opened a new innovation hub in Bengaluru as part of its expansion of technology and product capabilities in India. The 20,000-square-foot centre will bring together teams working across engineering, product, customer care, sales operations and artificial intelligence. The company said the Bengaluru team will support its global engineering operations and development of predictive AI capabilities for urban mobility. The centre has been established with support from management consultancy Zinnov and adds Bengaluru to Arrive’s network of offices across Europe, the US and other markets.Read more

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Manipal Health to acquire Kinder Women’s Hospital in Bengaluru for INR 130 crore

20 Aug 2026

Manipal Health Enterprises will acquire the entire operations and assets of Kinder Women’s Hospital in Bengaluru for a cash consideration of INR 130 crore. The healthcare provider has signed a Business Transfer Agreement with Kindorama Healthcare Private Limited for the transaction, which covers the hospital in Doddanekundi. The deal does not involve any share acquisition. The addition of the hospital will strengthen Manipal Hospitals’ presence in Bengaluru’s Whitefield micro-market and expand its healthcare network and clinical capabilities in one of the city’s growing healthcare markets.Read more

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Kumaraswamy urges Karnataka government to take over NICE project and halt toll collection

19 Aug 2026

Union Minister H D Kumaraswamy has urged Karnataka Chief Minister D K Shivakumar to take over the Bengaluru-Mysuru Infrastructure Corridor Project (BMICP), implemented by Nandi Infrastructure Corridor Enterprises (NICE), and immediately stop toll collection on the roads. In a seven-page letter sent to Shivakumar on August 15, Kumaraswamy cited observations made by the Karnataka High Court regarding alleged irregularities in the project’s implementation and sought corrective action by the state government. NICE currently operates a 41-kilometre peripheral road and a 10-kilometre link road in Bengaluru, on which tolls are collected. Kumaraswamy has also called for legislation to formally take over the project, citing alleged violations of the Framework Agreement and Project Technical Agreement. The Chief Minister said the government would examine the matter and act in accordance with the law.Read more

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IndiQube Spaces narrows June quarter net loss

18 Aug 2026

Bengaluru-based flexible workspace operator IndiQube Spaces reported a consolidated net loss of INR 23.88 crore for the quarter ended June 30, 2026, narrowing from INR 36.75 crore in the corresponding period a year earlier. Total income increased to INR 448.81 crore during the first quarter of FY27 from INR 324.12 crore in the year-ago period, according to a regulatory filing. However, total expenses also rose, reaching INR 479.32 crore from INR 374.08 crore. IndiQube operates a nationwide network of 137 coworking centres across 17 cities and has 10.61 million sq ft of area under management. The company’s operations cover flexible workspace facilities across multiple Indian markets, with Bengaluru serving as its base.Read more

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FM leases 220,000 sq ft office space at BCIT – Bhartiya Centre of Information Technology in Bengaluru

Bangalore News Desk

17 Aug 2026

FM has leased around 220,000 sq ft of office space at BCIT – Bhartiya Centre of Information Technology in Bengaluru, adding to the city’s continuing demand for large-format commercial workplaces. The transaction involves office space in the Bhartiya City development, one of Bengaluru’s integrated mixed-use developments. The lease highlights the sustained requirement for sizable Grade A office premises from occupiers in the city. The deal also adds to leasing activity in northern Bengaluru, where large commercial developments have attracted companies seeking modern office infrastructure and connectivity to established residential and business districts.Read more

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Bolt.Earth’s Blaze DC 3kW dual-gun charger receives ARAI certification

16 Aug 2026

Bengaluru-based EV charging infrastructure company Bolt.Earth’s Blaze DC 3kW Dual Gun Charger has received certification from the Automotive Research Association of India (ARAI), validating its compliance with applicable safety and performance standards. The company said the charger is the world’s first universal fast charger for electric two- and three-wheelers to receive the certification. Designed for individual users as well as commercial fleets, the charger can provide up to 40 km of range in 15 minutes. It supports Type 6 and Type 7 connectors and is compatible with several electric two-wheeler manufacturers. The charger is currently deployed across more than 400 PIN codes in 18 states and includes connectivity, remote monitoring, OTA updates and multiple safety features.Read more

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Radisson opens Park Inn hotel in Bengaluru’s Whitefield

14 Aug 2026

Radisson Hotel Group has opened Park Inn by Radisson Bengaluru Whitefield, marking the brand’s entry into one of Bengaluru’s major technology and commercial hubs. The 82-room upper-midscale property is intended to cater to rising hospitality demand from corporate travellers, project teams and urban professionals in Whitefield. The hotel strengthens Radisson Hotel Group’s presence in Bengaluru, one of India’s key business travel markets, as technology activity, commercial development and residential growth continue to influence travel patterns and accommodation demand in the eastern part of the city. The opening also adds internationally branded hotel capacity to a micro-market that has developed into an important employment and business destination. Radisson said the property was positioned to serve the evolving requirements of business travellers as Whitefield continues to attract technology companies, commercial activity and residential development.Read more

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Bengaluru needs stronger use of PID and GIS to improve property tax collection: Manjunath Raju

13 Aug 2026

Former BBMP Finance & Taxation Committee Chairman Manjunath Raju has called for stronger administrative implementation of Bengaluru’s existing Property Identification Number (PID) and GIS-based property mapping systems to improve property tax compliance and municipal revenue. His remarks come amid concerns over the gap between the estimated number of properties in the city and those covered by property tax collection and official records. Raju said Bengaluru’s earlier use of PID helped expand the identified taxable property base and improve collections, and suggested better integration, regular audits and greater administrative accountability to strengthen the system.Read more

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Athulya Senior Care opens third integrated geriatric care centre in Bengaluru

12 Aug 2026

Athulya Senior Care has expanded its presence in Bengaluru with the inauguration of its third Integrated Geriatric Care Centre in Mathikere. The new facility, with around 100 beds, will provide assisted living, rehabilitation, memory care, emergency support and other senior-focused healthcare services under one roof. The launch comes as Karnataka faces a growing need for specialised elder care, with senior citizens accounting for 9.2% of the state's population. Athulya now operates more than 300 dedicated senior care beds in Bengaluru and over 1,500 beds across 12-plus locations in five Indian cities.Read more

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Longines opens third Bengaluru boutique at Phoenix Market City

12 Aug 2026

Swiss watchmaker Longines has opened its third boutique in Bengaluru at Phoenix Market City, expanding its retail presence in the city. The boutique was inaugurated by Longines Friend of the Brand Sara Ali Khan, who also visited the brand’s outlet at Phoenix Mall of Asia. The new store features Longines’ latest collections, including PrimaLuna, Conquest, HydroConquest and the Longines Legend Diver, along with the DolceVita and Master Collection. The Bengaluru expansion comes as the brand continues to build its retail presence in India while maintaining its focus on Swiss watchmaking, design and sports-linked heritage.Read more

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Bengaluru Metro’s Pink and Blue lines get approval for CBTC signalling

Bangalore News Desk

12 Aug 2026

The Railway Board has given in-principle approval for the Communications-Based Train Control (CBTC) signalling and train control system for Bengaluru Metro’s Pink Line and the entire Blue Line under Phase 2A and 2B up to Kempegowda International Airport. The approval is an important step towards commissioning the Pink Line’s first operational section between Kalena Agrahara and Tavarekere. Bengaluru Metro Rail Corporation Limited has been following up with the Railway Board and Research Designs and Standards Organisation to complete the approval process. The system will support modern train control and signalling across the two upcoming corridors.Read more

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Sumadhura Group to invest INR 2,000 crore in Bengaluru housing project

10 Aug 2026

Sumadhura Group plans to invest around INR 2,000 crore to develop a residential project in Bengaluru’s Whitefield-Kannamangala Corridor. The Bengaluru-based developer has signed a Joint Development Agreement with a landowner for the 17-acre project, which will have around 2.5 million square feet of saleable area. The company sees strong growth potential in the corridor, which has emerged as an important residential market in East Bengaluru. Sumadhura Group has completed 56 projects covering more than 17 million square feet and has over 40 million square feet of projects in its pipeline.Read more

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Bengaluru likely to get Vande Bharat sleeper train to Visakhapatnam

Bangalore News Desk

08 Aug 2026

Indian Railways is considering introducing a new Vande Bharat Sleeper service between Bengaluru and Visakhapatnam, a move aimed at improving overnight rail connectivity between Karnataka and Andhra Pradesh. The proposed service is expected to cater to growing passenger demand on one of South India's busiest intercity routes, offering faster and more comfortable long-distance travel. If approved, the train would strengthen connectivity between two major technology and industrial hubs while expanding the Vande Bharat Sleeper network as Indian Railways continues to modernise its long-distance passenger services.Read more

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