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BJP, JDS Smell a Scam in Smart Meter Installation
The New Indian Express Mangaluru
|March 26, 2025
OPPOSITION BJP and JDS on Tuesday alleged a Rs 15,568 crore scam in the Energy Department's smart meters procurement process and demanded that the State Government cancel the tender process.
Speaking to the media in Bengaluru on Tuesday, senior BJP leader and former DyCM Dr CN Ashwath Narayan termed it "daylight robbery".
The BJP leader said that the department violated the Karnataka Transparency in Public Procurements (KTPP) Act in the tender process and also the Union Government's directives.
He said that the estimated project cost given by the electricity supply companies was Rs 571.52 crore and the actual project cost for all ESCOMS for 10 years is Rs 21,400 crore, he said.
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FLERE HISTORIER FRA The New Indian Express Mangaluru
The New Indian Express Mangaluru
GIFT City now manages $100 billion in assets
GIFT City’s International Financial Services Centre (IFSC) now hosts over 1,034 registered entities, including 38 banks holding assets worth $100.14 billion, positioning it as a growing competitor to established financial hubs, such as Singapore and Hong Kong.
1 mins
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The New Indian Express Mangaluru
WHAT TO EXPECT WHEN INVESTING IN 2026
THE year is ending on a high note. The recent quarterly growth data shows a second successive quarter of over 8% economic growth. Benchmark indices such as the NSE Nifty and the BSE Sensex have reached new highs. The September 2025 quarter results showed a recovery in corporate profits after a long time. Overall, the year is ending on a high note.
2 mins
December 01, 2025
The New Indian Express Mangaluru
CAMPUS, CULTURE, CHANGE, AT IIM-C
Across academics, partnerships, student activities, and research interests, IIM-C continues to define its contemporary identity
4 mins
December 01, 2025
The New Indian Express Mangaluru
After Delhi blast connection, Nuh linked to MP cybercrimes
HARYANA'S Nuh district, which is under glare as an operational base of the ‘white-collar’ terror module linked to 10/11 Delhi blast case, has also come out as the nucleus of Madhya Pradesh’s biggest-ever interstate cybercrime ring.
1 mins
December 01, 2025
The New Indian Express Mangaluru
Launch pads active across LoC, terrorists waiting for winters, says BSF official
AGAINST the backdrop of launch pads of several terrorists being active across the Line of Control (LoC), the border guards have deployed advanced surveillance equipment and upped the vigil to foil infiltration attempts from across the border, a senior BSF officer said on Sunday.
1 mins
December 01, 2025
The New Indian Express Mangaluru
PM terms Tamil as 'pride of India' in Mann ki Baat, urges people to learn it
PRIME Minister Narendra Modi on Sunday lauded Tamil as a great language and a source of pride for India, while highlighting the country’s achievements in agriculture, science, defence, tourism and indigenous products during his Mann Ki Baat radio address.
1 min
December 01, 2025
The New Indian Express Mangaluru
37 more Maoists surrender in Chhattisgarh
THIRTY-seven Naxalites, 27 of them collectively carrying a reward of %65 lakh, surrendered in Chhattisgarh’s Dantewada on Sunday, police said.
1 min
December 01, 2025
The New Indian Express Mangaluru
It’s vendetta: Cong on FIR against Gandhis
Oppn calls National Herald matter a ‘completely bogus case’
1 mins
December 01, 2025
The New Indian Express Mangaluru
In 2025, IPOs set to cross ₹2 lakh crore
WITH 11 more IPOs — including three mainboard issues aiming to mop up 26,644 crore —hitting the market this week, the primary market has already surpassed the 21.59 lakh crore raised in the whole of last year.
1 mins
December 01, 2025
The New Indian Express Mangaluru
Engineering exports fall 16% in Oct; traders seek faster EPM execution
INDIA’ engineering goods exporters are seeking faster implementation of the Export Promotion Mission (EPM) as export performance continues to weaken — and US tariffs are not the sole driver of the decline.
1 min
December 01, 2025
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