Yusuff Ali to invest $300 million in Karnataka; Bengaluru to get LuLu mall, logistics centre in Uttara Kannada

News Network
January 24, 2020

Bengaluru, Jan 24: Middle East based prestigious LuLu Group has come forward to invest $300 million in Karnataka in the retail, logistics and hospitality sectors.

As part of this, the first LuLu mall will commence operations in Bengaluru’s Rajajinagar area by August.

LuLu’s first mall in India, in Cochin, is seen as a huge success. It’s not clear how that mall is doing financially, but it became so popular that it had an adverse effect on almost every other mall in the city.

Lulu’s investment plan for Karnataka was communicated during a discussion between chief minister BS Yediyurappa and Yusuff Ali MA, chairman and managing director of Lulu Group, on the sidelines of the World Economic Forum in Davos.

The company will also set up two five-star hotels in Bengaluru through Twenty14 Holdings, its hospitality arm, and a modern logistics centre in the Uttara Kannada region.

Lulu Group’s retail initiative Tablez brought Toys `R’ Us, one of the world’s largest toy store chains, to Bengaluru in 2017. Started in the Phoenix Mall in Whitefield, it competes with Reliance-owned Hamleys.

Tablez has also brought in other international brands such as American ice cream parlour chain Cold Stone Creamery, South Africa based flame-grilled chicken concept Galito’s, and Tablez’ own brand Bloomsbury’s, a boutique cafe and bakery. It has also launched Spanish fashion brands Springfield and Women ’secret.

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News Network
January 16,2026

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Following a record-breaking response to experimental joyrides during the Karavali Utsava, the Dakshina Kannada district administration has signaled a major shift toward high-end travel. Officials are now laying the groundwork to transform Mangaluru into a permanent heli-tourism hub, connecting the state’s most sacred pilgrim centers and untouched coastal gems via the skies.

The move comes as the Karnataka government readies a specialized tourism policy for the coast, aimed at drawing global investors. With Mangaluru already serving as a critical nexus for education, healthcare, and maritime trade, the introduction of a scheduled helicopter service is seen as the "missing link" in the region’s economic evolution.

By the Numbers: A Flying Success

The data from the recent 10-day trial (beginning December 26) paints a clear picture of high demand:

•    Total Passengers: 1,032
•    Ride Duration: 7 minutes
•    Ticket Price: ₹3,500 per person
•    Origin of Tourists: Significant turnout from Kerala, Udupi, and Karwar.

Bridging the Gap for Global Travelers

Deputy Commissioner Darshan HV emphasized that the vision extends far beyond festival joyrides. Currently, international tourists arriving via luxury cruises at the New Mangalore Port (peak season December–April) often find themselves "landlocked" by time.

"Foreign visitors staying for just 24 to 48 hours currently struggle to visit inland attractions like Chikkamagaluru or Kodagu due to road travel times," a senior official noted. "A permanent heli-link would make these Western Ghats destinations accessible in under 30 minutes."

Beyond Tourism: Medical and Logistics

The administration is also looking at the humanitarian and logistical benefits. As a medical powerhouse, Mangaluru’s private hospitals could utilize the proposed permanent helipads for:

1.    Cardiac Emergencies: Rapid transfer of critical patients.
2.    Organ Transplants: Vital "green corridors" through the air to save lives.
3.    Regional Connectivity: Linking remote areas like Puttur, Sullia, and Beltangady to the main city.

While the Karavali Utsava has traditionally focused on beach-side festivities, the DC confirmed that the district is now evaluating formal proposals from private operators. The goal is to establish a network of permanent helipads that will eventually offer regular sorties to Kudremukh National Park and the scenic heights of the Western Ghats.

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News Network
January 10,2026

Udupi: In a shocking case of digital deception, a 32-year-old resident of Nadpalu village lost Rs 2.19 lakh after falling victim to an online loan scam while desperately seeking funds for his sister’s wedding.

According to the complaint filed with Hebri Police, Ramesh (32) received a call around 10 am on January 2 from an unknown number. The caller identified himself as Ravi Kumar S, claiming to represent a non-banking finance company offering quick online loans.

Needing urgent financial support for the marriage expenses, Ramesh enquired about the loan details. The caller allegedly promised a 3% interest rate with a monthly EMI of Rs 6,289 for five years, assuring a smooth approval process. Believing the offer to be genuine, Ramesh agreed to proceed.

Police said the fraudster then demanded multiple payments under different pretexts, claiming they were part of the loan processing formalities. Between January 2 and January 5, Ramesh transferred Rs 2,19,500 across 36 separate online transactions.

Realising he had been cheated, Ramesh approached Hebri Police, who registered a case under Sections 318(4) and 319(2) of the Bharatiya Nyaya Sanhita (BNS) and Section 66(D) of the Information Technology Act for online impersonation and fraud.

Police have initiated an investigation to trace the accused and have once again urged the public to verify the authenticity of financial service providers before making any payments.

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News Network
January 8,2026

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Bengaluru: A 26-year-old tech professional of Mangaluru origin died after allegedly falling from the 16th floor of a residential apartment in Bengaluru on Wednesday, police said.

The deceased has been identified as Nikshap Bangera, an electronics engineering graduate who had recently returned to India after completing his education in Europe and had begun working here. He was residing with his parents at Prince Town Apartments in Bengaluru’s Shettihalli area.

According to police, Nikshap’s father Kishore said his son called him around 5 am, informing him that he would return home soon. However, at about 8.30 am, the apartment association president, Ravi, contacted the family and asked them to come to the ground floor.

“When we went down, we saw that our son had fallen from the 16th floor of the apartment and died,” Kishore said.

Personnel from the Bagalagunte Police Station visited the spot and registered a case. Police said they are investigating the circumstances surrounding the incident.

Officials further stated that Kishore informed them that Nikshap had been suffering from schizophrenia for the past few years. The body has been shifted to Victoria Hospital for post-mortem examination.

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