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K'taka plans Rs 22,000 cr project for Bangalore development
Karnataka government has drawn up a blueprint for the overall development of Bangalore city with a massive financial outlay of Rs 22,000 crore. The development works will be carried out through Bruhat Bangalore Mahanagara Palike (BBMP). The move is aimed at drastically changing the face of the city with improved roads, drains and lakes in the next three years.

ICICI, Citi among 17 in race to manage NMDC issue
ICICI Securities, Citigroup and Morgan Stanley along with 14 other merchant bankers have submitted bids to manage the estimated Rs 14,000-crore disinvestment of the state-run iron ore producer NMDC.

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Govt hopes to raise Rs 8,100 cr via NTPC divestment
The government today said it is expecting to raise about Rs 8,100 crore from the five per cent stake sale in power PSU NTPC through a follow-on public offer (FPO).
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Advocates call for Dinakaran transfer

The Advocates Association of Bangalore today demanded the transfer of Karnataka High Court chief justice P D Dinakaran who faces an impeachment motion for alleged disproportionate assets and land-grabbing. - Dinakaran not to resign, terms impeachment motion unfortunate - Bill on accountability of judges likely this session: Govt - 4 HC Chief Justices elevated as SC judges - State told to speed up civic polls - HC issues notice to lawyers body - Lawyers protest Dinakaran"s continuance “We had demanded the transfer of justice Dinakaran when he met the members of the (Supreme Court) Collegium in the first week of December and we reiterated the demand today,” Putte Gowda, president of the Association, said. The demand comes a day after a notification was issued by the high court registrar-general R B Budhihal stating that justice Dinakaran will not take up judicial matters until further orders. Justice Dinakaran had been on leave for a week and had not been presiding over the court proceedings. Seventy six MPs of the Rajya Sabha moved a petition on December 14 for the impeachment of justice Dinakaran. The association members launched an agitation last month demanding justice Dinakaran abstain from presiding the bench till the Supreme Collegium decides on the matter relating to his elevation as a judge to the Supreme Court and the allegations against him. The agitation had turned violent after association members barged into the court hall where Justice Dinakaran was presiding and demanded he abstain from doing so. Two judges, who refused to suspend hearing on the day, were locked inside the court hall.


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