4 more MoUs in pipeline, mainly in aerospace: Karnataka deputy CM at tech summit

News Network
November 22, 2020

Bengaluru, Nov 22: Karnataka Deputy Chief Minister C N Ashwath Narayan on Saturday announced that four more Memoranda of Understanding (MoUs) are expected to be signed between the state government and Global Innovation Alliance (GIA) partner countries, including the US, majorly in the aerospace sector.

The announcement comes a day after Karnataka government signed eight MoUs with various countries, including the US and the UK, at the Bengaluru Tech Summit 2020 that concluded on Saturday.

"This summit has witnessed eight MoUs with our partner countries and four more are in the pipeline, out of which two will be signed with the USA in the aerospace sector. We are expecting exchange of ideas in this sector between India and our GIA partner countries, which may translate into investments in future," he said at the valedictory function of the Bengaluru Tech Summit 2020 on Saturday.

Narayan added Bengaluru has always taken charge to lead the transformation of India with innovation, science and technology.

"The theme of this year's summit was 'Next is Now', building on the success of our event last year. Innovation, especially in leveraging disruptive technologies, is the need of the hour. Through the sessions, panels, presentations, knowledge cafe, etc., we have created a larger platform for the exchange of knowledge and ideas.

"This year, it was a matter of great privilege to have Prime Minister Narendra Modi inaugurate the summit. The Prime Minister's presence and inspiring words gave us all the energy over the last three days. We were honoured by the virtual presence of Prime Minister of Australia, Scott Morrison, and Swiss Confederation Vice-President Guy Parmelin," he said.

He further said that the COVID-19 pandemic has highlighted the need for rapid innovation, synergies between biotechnology and information technology and global cooperation.

"BTS 2020 is the ideal platform for achieving these aims. Our government is committed to ensuring that these technologies and innovations are made in Karnataka for the world, in collaboration with leading minds, to alleviate the life of the common man," said Narayan.

He added the BTS 2021 will also be held in November. "The next BTS will be conducted physically and virtually for extending its global reach," he said.

The 23rd edition of the summit was conducted under the guidance of the chairmen and members of the three vision groups on IT, biotech and start-ups. For the first time, an international advisory group was also formed to ensure a global perspective, while designing the conference.

The summit had leading innovators, scientists and tech evangelists participating from all across the globe. As part of the GIA track, there were 16 sessions by international partners - Australia, Bahrain, Canada, Denmark, Finland, France, Germany, Israel, Japan, Lithuania, the Netherlands, Sweden, Switzerland, the UK and Taiwan.

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February 5,2026

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Mangaluru: The KSRTC Mangaluru division has rolled back the fare hike on buses operating on the Mangaluru–Kasaragod route following the suspension of toll collection at the Arikkady toll plaza near Kumbala in Kasaragod district.

The fare revision had been implemented after the National Highways Authority of India (NHAI) began toll collection at the Arikkady plaza on NH-66. As a result, fares for ordinary and Rajahamsa services were increased by ₹7 and ₹10, respectively, raising the bus fare from Mangaluru to Kasaragod from ₹81 to ₹88.

Senior Divisional Controller of KSRTC’s Mangaluru division, Rajesh Shetty, said the fares were reduced after toll collection at the Arikkady plaza was stopped. “The tollgate began operations on January 13, and the toll amount was deducted from the FASTag accounts of KSRTC buses operating on the route. Following an order from the central government to suspend toll collection, KSRTC has also withdrawn the additional fare with immediate effect,” he said.

At present, vehicles travelling on the Mangaluru–Kasaragod route pay toll only at the Talapady toll plaza. The toll for light motor vehicles (LMVs) at Talapady is ₹80 for a same-day return, while heavy vehicles, including buses, are charged ₹250. At Arikkady, the toll rates were ₹130 for LMVs (same-day return) and ₹450 for buses.

Protests against Arikkady toll plaza

The Arikkady toll plaza witnessed widespread protests from January 12, the day toll collection commenced. On the second day, an action committee led by Manjeshwar MLA A K M Ashraf launched an indefinite protest at the site. Except for the BJP, leaders and workers of most major political parties participated in the agitation.

On the night of January 14, a large number of protesters gathered at the plaza and vandalised property, following which authorities temporarily suspended toll operations. The BJP later also expressed opposition to the toll plaza and criticised NHAI’s decision. 

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News Network
February 4,2026

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An Indian resident who won the Dh20 million (approximately Rs 50 crore) jackpot in Abu Dhabi's Big Ticket draw has told of his joy at sharing his life-changing fortune with a friend.

Shanthanu Shettigar, a shop manager in Muscat, regularly buys tickets for the monthly grand prize draw with one of his closest friends – and the pair won on February 3.

Mr Shettigar, 33, who is from Udyavar in Udupi district of the southern state of Karnataka and has lived in the Omani capital for eight years, said he was left speechless after learning of his success.

“When I first moved to Muscat, many of my colleagues were purchasing Big Ticket, which encouraged me to give it a try,” he said.

“I started buying tickets on my own, and later began sharing tickets with a close friend. The ticket that brought me this win was one we purchased together.”

“Like most people, I receive a lot of spam calls, and I was fully absorbed in my work as well. I knew the live draw was taking place tonight, but I never imagined my name would be announced,” he said.

“When I realised it was real and that I had won, I was honestly speechless. It still hasn’t fully sunk in, but I’m extremely happy.”

Mr Shettigar is not sure how he will spend his share of the money, but encouraged others to take part.

“This win was completely unexpected, so I want to take some time to think things through before deciding what to do next,” he said.

“I would definitely encourage others to participate with Big Ticket, whether with family or friends – you never know when your moment might come.”

The Big Ticket was established in 1992 with an initial first prize of Dh1 million. It is one of the most popular monthly raffles in the UAE.

It has transformed the lives of many people across the Emirates and beyond.

Entry to the Big Ticket Millionaire is Dh500. Tickets can be bought online or at counters at Zayed International Airport and Al Ain Airport.

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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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