Karnataka is safest place to do business; we compete internationally: CM Bommai

News Network
May 25, 2022

Bengaluru, May 25: With a number of Indian states lining up here at the WEF Annual Meeting to woo investors, Karnataka Chief Minister B S Bommai on Wednesday said his state is the "safest place to do business" and it is not competing domestically but at the international level and listed hydrogen and ammonia fuel as the next focus areas.

He also said that nearly half of the foreign companies present in India are already in Karnataka and all of them are planning to expand and diversify in the state while many more are evincing interest attracted by the robust infrastructure, and talent pool and ease of doing business in the state.

In an interview with PTI at the World Economic Forum Annual Meeting 2022 here, Bommai said the process to decongest the state capital Bengaluru is underway by developing many adjoining areas as well as tier 2 and tier 3 cities while four more airports would be built this year.

"Karnataka story is different from other states," he said.

Talking about his visit here, Bommai said Davos experience has been excellent and he has witnessed that the international investor community has recognised India as an emerging economic giant and particularly Karnataka.

6"In the aftermath of Covid-19, lockdowns and China's economic downfall, most of the countries are looking at India and their first destination in Karnataka and Bengaluru, because of a highly-tech ecosystem which we have, the highest number of R&D centres and our expertise in aerospace, defence, machinery tools and of course Information Technology and Biotechnology," he said.

"Also, we have got long-standing relations with most of the forward-looking countries, both in the European and American blocks. Almost 50 per cent of the foreign companies present in India are already in Karnataka. The state is also on the top in terms of the FDI flow in the last year, with almost 42 per cent share of the total flow coming into the country," he said.

Further, Bommai said that in niche areas like renewable energy, electric vehicles and battery storage, the state government has taken a lot of initiatives.

"We are aware of climate change and everyone needs to ensure that fossil emissions are limited therefore role of renewable energy is very important. Karnataka accounts for 63 per cent of renewable energy production," he said.

The chief minister said that most of the foreign companies already present in Karnataka are planning to expand and diversify in the state.

"Many of them have already approached us and we have cleared their plans while others are in the process of finalising their plans. Companies that are present in Karnataka will not go back or move to other states, because of the ecosystem and business-friendly atmosphere the state offers.

"Not a single one has any intention to leave, rather most of them have offered their expansion plans," he asserted.

Bommai listed semiconductors, hydrogen fuel and ammonia as among the other focus areas for the state going forward.

"A lot of companies are talking to us. The hydrogen fuel initiative is on the anvil. A strategic location and certain facilities are required, which we have offered to the companies.
"We have got a renewable energy policy. We are now getting into hydrogen fuel in a big way, and also creating ammonia from different sources. We will also look at exports," he said.

The Karnataka leader said that necessary infrastructure is being created for domestic as well as export purposes.

"We are also looking beyond Bengaluru for all these projects. We are also going to decongest Bengaluru. That is necessary and the work has already begun.

"We are looking at nearby areas to the state capital and also at tier-2 and tier-3 cities. We have got very good air connectivity and we are building another four airports this year," he added.

Bommai said that investors know very well that Karnataka is the safest place to do business with all the necessary infrastructure and support system.

"We are competing internationally, not at the domestic level. Companies present in the state are with us and very happy and we want them to invest more. Both the state and the entrepreneurs should benefit from our growth story," he added. 

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News Network
January 31,2026

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Bengaluru: The shooting incident involving CJ Roy, founder of the Confident Group, has once again put the spotlight on a businessman whose life has swung between flamboyant global success and persistent controversy at home.

Though Roy’s business interests extended across continents, his roots lay firmly in Karnataka. An alumnus of Christ School in Bengaluru, he later moved to Tumakuru to pursue an engineering degree. Those familiar with his early years describe him as intensely ambitious, beginning his career as a salesman at a small electronics firm dealing in computers.

Roy’s entry into large-scale real estate came through the Crystal Group, where he worked closely with Latha Namboothiri and rose from manager to director. However, the launch of the Confident Group in 2005 was clouded by industry speculation. Insiders speak of a fallout involving alleged “benami” properties and claims of deception that ultimately led to his independent venture—an episode Roy spent years trying to distance himself from, according to associates.

A tale of two cities

Roy’s professional trajectory diverged sharply across geographies.

In Dubai, he built a reputation as a bold and efficient developer, completing massive luxury residential projects in record time—some reportedly within 11 months. His rapid project delivery and lavish lifestyle in the Emirates earned him admiration and visibility in the real estate sector.

In Bengaluru, however, his image remained far more fractured. Sources say Roy stayed away from the city for several years amid disputes over unpaid dues to vendors and suppliers. Several projects were allegedly stalled, with accusations of unfulfilled commitments to cement and steel suppliers continuing to follow him.

Roy’s return to Bengaluru’s business and social circles began around 2018, marked by a conscious attempt at rebranding. His appointment as Honorary Consul of the Slovak Republic added diplomatic legitimacy, which he complemented with visible CSR initiatives, including ambulance donations and high-profile charity events.

Heavy police presence in Langford Town

Following the incident, police personnel from the Central division were deployed outside the Confident Group building in Langford Town, which also houses the Slovak Honorary Consulate in Bengaluru.

The otherwise busy premises near Hosur Road wore a deserted look on Friday, reflecting the shock and uncertainty that followed the tragedy.

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News Network
January 19,2026

New Delhi: Setting speculation to the rest, the CPI(M) has made it clear that it is open to have an electoral understanding with the Congress “to defeat” the Trinamool Congress and the BJP in West Bengal Assembly election even as it is all set to take on the grand old party in Kerala accusing it of “found wanting” in fighting the Hindutva forces.

The CPI(M) also said that it will contest the Tamil Nadu election “with DMK and its allies to defeat the BJP and its allies”, amid a section in the Congress triggering confusion about its participation in the M K Stalin-led coalition over demand over power-sharing and more seats. It is also willing to join hands with Congress and others in Assam and Puducherry to defeat the BJP.

The decisions came at a three-day meeting of the CPI(M) Central Committee in Thiruvananthapuram, which ended on Sunday after reviewing the poll preparations in the poll-bound states.

The CPI(M)'s decision came even as a section led by West Bengal Congress president Subhankar Sarkar is averse to tying up with the Left Front, claiming that their party is not benefitted by the electoral understanding. Both Congress and CPI(M)-led Left Front had electoral understanding in 2016 and 2021 Assembly elections and 2024 Lok Sabha polls.

Congress and the Left Front fought together for the first time in 2016 when Congress won 44 seats and the CPI(M) got 26. In 2021, the Left Front and the Congress drew a blank. In the 2024 Lok Sabha polls, Congress managed to win one seat while the Left did not win any. In the 2019 Lok Sabha polls, both fought against each other with Congress winning two and the Left none.

“In Bengal, the party will work for the defeat of both the TMC and the BJP, which are trying to polarise the society. We will try to rally all the forces that are ready to work against them,” the CPI(M) said in a statement without naming Congress by name. Senior leaders said there is no change in its strategy of pooling all non-BJP, non-TMC votes.

However, the party was critical of the Congress in Kerala where both will fight against each other.

The CPI(M) said it would "expose the BJP-led Union government’s denial of rightful dues to Kerala, the fiscal constraints imposed and the overall attack on federalism" as also "expose the failure of the Congress to effectively counter this attack on federalism, as the largest opposition party in the Parliament".

"The Congress, especially in Kerala, was found wanting in the fight against communal RSS-BJP, ideologically and this will also be exposed before the people," it added.

In Assam, it said, the CPI(M) will work for the mobilisation of all the anti-BJP parties and forces and defeat the rabidly communal and divisive BJP government. The Left parties are cooperating with Congress in the north-eastern state. In Puducherry, it said it will work for the defeat of the BJP alliance government.

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coastaldigest.com news network
January 19,2026

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Bengaluru: As the dust settles on the recent legislative session, the corridors of Vidhana Soudha are buzzing with more than just policy talk. A high-stakes game of political musical chairs has begun, exposing a deepening rift within the Congress party’s Muslim leadership as a major Cabinet reshuffle looms.

With the party hierarchy signaling a "50% refresh" to gear up for the 2028 Assembly elections, the race to fill three projected Muslim ministerial berths has transformed from a strategic discussion into an all-out turf war.

The "Star Son" Spark

The internal friction turned public this week following provocative remarks by Zaid Khan, actor and son of Wakf Minister Zameer Ahmed Khan. Zaid’s claim—that his father "helped" secure a ticket for Shivajinagar MLA Rizwan Arshad in 2023—has acted as a lightning rod for resentment.

Rizwan’s camp was quick to fire back, dismissing the comment as a desperate attempt by Zameer to manufacture seniority. "Rizwan’s political pedigree was forged in the NSUI and Youth Congress long before Zameer even stepped into the party," a supporter noted, highlighting Rizwan’s tenure as an AICC secretary and his two-term presidency of the State Youth Congress.

A Tale of Two Loyalists

While both Zameer Ahmed Khan and Rizwan Arshad are staunch allies of Chief Minister Siddaramaiah and represent Bengaluru strongholds, their political DNA could not be more different:

•    Zameer Ahmed Khan: A four-time MLA who crossed over from JD(S) in 2018. Known for his "overzealous" and often polarizing outreach during communal flashpoints—from the DJ Halli riots to the recent Wakf land notice controversy—his style has frequently left the Congress high command in a state of "discomfort."

•    Rizwan Arshad: A homegrown organizational man. Seen as a "quiet performer," Arshad represents the sophisticated, moderate face of the party, preferred by those who find Zameer’s brand of politics too volatile.

The Outsiders Looking In

The bickering isn't limited to a duo. The "Beary" community, represented by leaders like N A Haris and Saleem Ahmed, is demanding its pound of flesh. Saleem Ahmed, the Chief Whip in the Legislative Council, has dropped the veil of diplomacy, openly declaring his ministerial aspirations.

"I was the only working president not included in the Cabinet last time," Saleem noted pointedly, signaling that the "loyalty quota" is no longer enough to keep the peace.

As Chief Minister Siddaramaiah prepares to finalize the list, he faces a delicate balancing act: rewarding the aggressive grassroots mobilization of Zameer’s camp without alienating the organizational stalwarts and minority sub-sects who feel increasingly sidelined by the "Chamarajpet-Shivajinagar" binary.

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