Karanataka’s urban development plan seeks balance

BANGALORE - The Karnataka government has to walk a tightrope so that the state gets over its Bangalore-centric development without hurting the nation’s IT capital. It hopes to do this through the new Karnataka Urban Renewal Mission, on the lines of the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).

Manthan gets $15-million second round venture funding

BANGALORE - Leading software product firm Manthan Systems secured $15 million from three venture capital partners in the second round (series b) of funding, the company said Thursday.

Wipro Infocrossing inks deal with US mining firm

BANGALORE - Wipro subsidiary Infocrossing signed a five-year deal with the US-based Cliffs Natural Resources Inc, an international mining and natural resources firm, to provide IT infrastructure services, the global software major said Thursday.

Ecron Acunova launches direct operation in Russia

BANGALORE - Ecron Acunova, a full-service clinical research organization (CRO), with offices across Europe, in India and the US, has strengthened its Eastern European presence further by opening a new office in Moscow, Russia in October 2009.

Karnataka minister welcomes CBI probe into his mining empire

BANGALORE - Karnataka Tourism Minister G. Janardhana Reddy Tuesday welcomed the decision of the Andhra Pradesh government to seek a Central Bureau of Investigation (CBI) probe into his mining empire’s alleged irregularities.


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