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Bangalore chamber draws action plan to revive Karnataka economy

Bangalore, May 20 (IANS) Karnataka's apex industry body Bangalore Chamber of Commerce & Industry (BCIC) has drawn an action plan to revive the state's sagging economy with a strategy on kick-starting the manufacturing sector. "The 12-point action plan is aimed at reviving the state's economy by kick-starting the infrastructure projects held up for various reasons and facilitating the manufacturing sector's growth," BCIC president M. Lakshminarayanan told reporters here Monday

Infosys to appeal against tax demand

Bangalore, May 20 (IANS) Indian IT bellwether Infosys Ltd Monday said it would appeal against the notice of the income tax department demanding Rs.577 crore as outstanding dues for fiscal 2008-09. "We are in the process of filing an appeal before the commissioner of income tax as the demand notice does not take into consideration the clarification issued Jan 17, 2013 by the Central Board of Direct Taxes (CBDT)," the global software major said in a statement Monday.

Aadhitya packs off Jaideep

Bangalore, May 20 (IANS) S.M. Aadhitya of Tamil Nadu knocked out the seventh seed from Bahrain Rahul Jaideep 6-0, 6-1 to author the only upset result of the day in the Karle Infra ATF Under-14 Series Asian Ranking junior tennis tournament which began here Monday. The top seed Siddhant Jagdish Banthia of Maharashtra and fourth seed Megh Patel posted easy wins to move into the second round

Sami Labs eyes Indian market to boost sales

Bangalore, May 20 (IANS) Leading pharma and nutraceutical export player Sami Labs Monday unveiled a holistic strategy to increase its market share in India to 10 percent in the near future from two percent currently. "We are expanding and diversifying our client base across the country to sell a range of bulk actives and supply finished products for increasing our market share in India by five times," Sami Labs managing director Muhammed Majeed said here Monday. The two decades old firm, which has a major research and development (R&D) centre in Bangalore, manufactures, supplies and exports a range of herbal extracts and cosmecuticals to global markets, including in the US, Europe, Africa and the Gulf region.

Karnataka budget in July first week: Siddaramaiah

Mysore, May 20 (IANS) Karnataka Chief Minister Siddaramaiah said Monday he will present the budget in the first week of July, the first after Congress returned to power in the state after nine years. Siddaramaiah, who holds the finance portfolio, indicated he was not planning to present a budget of Rs.100,000 crore or more but it would be based on the resources available. His Bharatiya Janata Party predecessors, Jagadish Shettar and D.

Karnataka CM allots portfolios, retains key departments

Bangalore, May 19 (IANS) Karnataka Chief Minister Siddaramaiah late Sunday allocated portfolios to his new 28-member ministry, keeping key posts such as finance, energy, industries, IT and Bangalore city with himself.

Kenyans Oloitiptip, Cherono win World 10K Bangalore

Bangalore, May 19 (IANS) Kenyans Alex Oloitiptip and Gladys Cherono ran brave races in contrasting weather conditions to win the overall men's and women's titles, respectively, in the World 10K Bangalore 2013 here Sunday. The 23-year-old Oloitiptip, not among the pre-race favourites, but with a personal best of 27 minutes, 52 seconds, took lead early in the race and held off challenges from fellow-Kenyan Nicholas Kipkemboi and Ethiopian youngster Brihanu Legese to win in 28:07, ahead of Kipkemboi in 28:12 and Legese in 28:16. Current World Cross-Country champion Japhet Korir could not live up to pre-race expectations, finishing a disappointing 17th in 29:59 while another fancied Kenyan Moses Masai finished 10th in

Fans excited by RCB’s win over Chennai

Bangalore, May 19 (IANS) Thousands of fans were excited early Sunday by Royal Challengers Bangalore's (RCB) emphatic 24-run win over Chennai Super Kings (CSK) in a rain-marred last league tie of the Pepsi IPL-6 tournament at the Chinnaswamy stadium here. Chasing an imposing 107-run target in eight overs, CSK could post only 82 runs for six wickets after RCB's seamer Zaheer Khan ran through its top and middle order to pick four wickets in two overs for just 17 runs

IPL scoreboard: Royal Challengers v Chennai Super Kings

Bangalore, May 19 (IANS) The following is the scoreboard of the Indian Premier League (IPL) match between Royal Challengers Bangalore and Chennai Super Kings at the Chinnaswamy Stadium here Saturday night. Royal Challengers Bangalore Virat Kohli not out 56 Chris Gayle c Hussey b Bravo 28 AB de Villiers c Jadeja b Sharma 5 Moises Henriques not out 12 Extras (lb 3, w 2) 5 Total (for two wickets in 8 overs) 106 Fall of wickets: 1-67 (Gayle, 5.2 overs), 2-76 (de Villiers, 6.1) Bowling: Ravichandran Ashwin 2-0-21-0 Chris Morris 2-0-22-0 Jason Holder 1-0-20-0 Dwayne Bravo 2-0-26-1 Mohit Sharma 1-0-14-1 Chennai Super Kings Mike Hussey c Rahul b Khan 6 Murali Vijay c Gayle b Rampaul 32 Suresh Raina c Vinay Kumar b Khan 0 Dwayne Bravo c Tiwary b Vinay Kumar 11 Mahendra Singh Dhoni c Unadkat b Khan 24 Ravindra Jadeja not out 3 Subramaniam Badrinath not out 0 Extras (w 2) 2 Total (for six wickets in 8 overs) 82 Fall of wickets: 1-11 (Hussey, 1.3 overs), 2-11 (Raina, 1.4), 3-29 (Bravo, 3.6), 4-56 (Vijay, 6.1), 5-78 (Dhoni, 7.4), 6-82 (Jadeja, 7.6) Bowling: Ravi Rampaul 2-0-20-1 Zaheer Khan 2-0-17-4 Jaydev Unadkat 2-0-16-0 Vinay Kumar 1-0-10-1 Rudra Pratap Singh 1-0-19-0Toss: Chennai Super Kings, who chose to field Result: Royal Challengers won by 24 runs Umpires: C Shamsuddin and RJ Tucker (Australia) TV umpire: S Das Match referee: Andy Pycroft (Zimbabwe)

Gayle storm hits Bangalore after rains mar tie

Bangalore, May 19 (IANS) Gayle storm hit Bangalore late Saturday after rains stopped, as Royal Challengers Bangalore (RCB) opener Chris Gayle lofted Chennai Super Kings bowlers over the ropes four times at the Chinnaswamy stadium in the last league tie of the Pepsi IPL-6 tournament. Put to bat first in an eight-over innings, the West Indian southpaw rocked the frenzied fans by hitting CSK's pacer Jason Holder for three consecutive sixes and Chris Morris once, before he perished in the sixth over to Dwanye Bravo for 28 of 13 balls when caught by Mike Hussey. Though the die-hard fans had to patiently wait for over three hours for the rain-marred game to start, it was worth every minute of it as Gayle rattled the two-time title holder (CSK) with four mighty sixes that made him the most feared batsman by all other IPL teams