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Bengaluru News Highlights: World Economic Forum Meet: State signs MoU with Lulu Group for Rs2000 cr investment

Bangalore News Today Updates, Karnataka Weather, Bengaluru, Karnataka Rain Today News Highlights, 23 May: The Lulu Group has come forward to invest Rs 2000 cr in Karnataka. The company intends to open 4 Shopping Malls and Hyper Market. It is also keen to establish export oriented food units in the state. The projects are expected to create employment opportunities for 10,000 persons.

By: Express Web Desk | New Delhi |
Updated: May 24, 2022 9:56:48 am
Chief Minister of Karnataka Basavaraj Bommai with Yusuff Ali M A Chairman and MD of Lulu group. (Express Photo by Jithendra M)

Karnataka, Bengaluru Rain News Highlights: Karnataka signed a Memorandum of Understanding(MoU) with AV Anantharaman, Director of Lulu International Group for an investment of Rs2000 cr in the presence of Chief Minister Basavaraj Bommai at World Economic Forum Meet being held in Davos, Switzerland.

Bengaluru will witness cloudy skies over the next 48 hours, with a few spells of rains or thundershowers likely, according to the forecast by the local meteorological centre. Maximum and minimum temperatures are likely to be around 30 and 20 degrees Celsius respectively.

With a day left to file nominations for the June 3 MLC polls, parties are expected to announce their final list of candidates on Monday. The election is necessitated as the term of seven members is due to expire on June 14. The MLCs who are set to retire are Laxman Sangappa Savadi and Lehar Singh Siroya of the BJP; Ramappa Timmapur, Allum Veerabhadrappa, Veena Achaiah S of the Congress; and HM Ramesha Gowda and Narayana Swamy KV of  the JD(S).

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