India’s ‘buoyant’ startup culture shut out of global SPAC hunt

Companies in India remain almost completely locked out of being acquired by special-purpose acquisition companies nearly a year after India’s finance

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Karnataka court issues summons to Yediyurappa in POCSO case

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Bengaluru : The First Fast Track court in Bengaluru on Friday issued summons to former Karnataka Chief Minister and BJP Central Parliamentary Committee member B.S. Yediyurappa in connection with a Protection of Children from Sexual Offences Act (POCSO) case, directing him to be present before it on March 15. The court has also issued summons to the other accused in the case, Y.M. Aruna and Rudresh Marulasiddaiah and asked them to be present before the court on the same day. The court passed the order after considering the charge sheet submitted by the police in the case. Yediyurappa had so far got immunity from the High Court earlier over the summons. Also Read Karnataka: Yediyurappa turns 83, vows to bring BJP back to power Yediyurappa celebrated his 83rd birthday on Thursday and declared that he would kick off a statewide tour to strengthen the BJP and bring it back to power in the state. On February 7, the Karnataka High Court refused to quash charges against him in the c...
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Bengaluru: Bus conductor fails to return Rs 1; court orders BMTC to pay Rs 3K as compensation

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The Bangalore Metropolitan Transport Corporation (BMTC) was recently ordered to pay a man Rs 2,000 in compensation after he was denied Rs 1 change for a bus ride by the Bengaluru Urban District Consumer Dispute Redressal Commission. According to several media reports, in 2019, a man named Ramesh Naik went on a BMTC bus from Shantinagar to Majestic bus depot, during which the conductor issued a ticket for Rs 29. The complainant paid Rs 30 and was not given the change. Keeping up the fight, Naik then complained about the conductor to BMTC’s high authorities. To his surprise, the authorities made fun of him and drove him away. Unhappy with this, he filed a complaint with the local consumer court, asking Rs 15,000 in compensation. The court has now ordered the Bangalore Metropolitan Transport Corporation (BMTC) to pay the guy Rs 2,000 in compensation. The court also ordered BMTC to pay Rs 1,000 towards the complainant’s legal expenses. “It is the customer’s right to receive the balan...
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BJP’s victory in local body polls indicator of coming Assembly polls: Bommai

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Bengaluru : The results of local body polls in Vijayapura and Kollegal, on Monday, came as a shot in the arm for the Basavaraj Bommai-led BJP government in Karnataka. The Chief Minister expressed his happiness over the victory of BJP in local body polls to Vijayapura City Corporation, Kollegal Town Municipality and Savanur Town Panchayat on Monday. The elections were held on October 28. Of the total 35 seats, BJP has won in 17 seats in Vijayapura City Corporation, with the Congress winning only 10 seats. The AIMIM won two seats, while the JD(S) settled for one seat. The BJP is expected to take help from the independent candidates who have won five seats. In Kollegal city Municipal Council, the BJP swept the polls by winning six of the seven seats. Also Read Karnata: CM Bommai, corporate honchos congratulate UK PM-elect Rishi Sunak “This is the indicator for the blooming of lotus all over the State in the 2023 Assembly elections,” the CM said. As Karnataka is due for assembly...
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