MLAs urge state to establish second airport in south Bengaluru

30 Oct 2024 CW Team

Legislators from the Old Mysuru region, including Mandya and Ramanagara, have urged the Karnataka government to establish a second international airport in South Bengaluru. In a memorandum submitted to Chief Minister Siddaramaiah and Deputy Chief Minister D.K. Shivakumar, the MLAs requested the state to recommend the proposal to the Airports Authority of India (AAI) and the Union Ministry of Civil Aviation.

The MLAs argued that the existing Kempegowda International Airport in Devanahalli is struggling to manage high passenger traffic and an increasingly packed flight schedule. They emphasized that half of the airport’s users originate from the southern parts of Bengaluru, covering key areas such as Electronics City, Bommanahalli, Bannerghatta Road, Jayanagar, J.P. Nagar, Mysuru Road, and Magadi Road. They believe the southern region is ideal for a new airport, which could alleviate congestion and drive economic growth.

The memorandum further highlighted the need for approximately 3.5 km of level land to develop the airport's runway. The MLAs pointed out that the newly upgraded Mysuru-Bengaluru Highway has already spurred economic activity along Ramanagara, Channapatna, and Maddur. With Mysuru emerging as Karnataka’s second IT hub and maintaining its status as a prime tourist destination, they argued that the combined growth of Bengaluru and Mysuru could replicate the commercial development seen between Mumbai and Pune.

The southern part of Bengaluru also benefits from a growing industrial corridor and an abundant water supply, strengthening its case for the second airport.

Signatories of the memorandum include MLAs H.A. Iqbal Hussain (Ramanagara), H.C. Balakrishna (Maddur), P.M. Narendra Swamy (Malavalli), A.B. Ramesh Babu Bandisiddegowda (Srirangapatna), K.M. Uday (Maddur), and P. Ravikumar (Mandya). MLCs S. Ravi, Dinesh Gooligowda, Puttanna, and former Congress candidate Venkataramane Gowda (Star Chandru) also supported the appeal. (Starofmysore)

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..