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Posts Tagged ‘Bangalore’

1000-year old inscription stone bears earliest reference to Bengaluru

Posted by Admin on December 4, 2012

By , TNN | Dec 2, 2012, 02.11 AM IST

BANGALORE: Begur, a village off the Bangalore-Hosur highway, has seen rapid growth in the past few years thanks to its proximity to IT companies in Electronics City. Property values have multiplied, with residential layouts, high-rise apartments and malls coming up near the once-sparsely populated village. The proposed Metro connectivity heralds further prospects for the region.

Amid all this development lies neglected in theheart of the village a precious inscription stone, said to over 1,000 years old. It bears the earliest reference to the name ‘Bengaluru’.

The stone, dating back to around 890 AD, was found at the Parvathi Nageshwara temple. Written in Halegannada (ancient Kannada), it mentions ‘Bengaluru Kadana’ (battle of Bengaluru) that took place between the Gangas (Jains) and the Nolambas (Shaivites).

When the Nolamba army attacked Begur, the Ganga administrator Nagattara was killed in the battle. It was a significant turning point in the history of Bangalore, as it led to the eventual decline of Jain kings and the rise of the Shaivites. Thereafter, Shaiva settlements and temples came up in Bangalore, including the famous Someshawara temple in Ulsoor, according to SK Aruni, deputy director, Indian Council of Historical Research (ICHR), Bangalore Regional Centre.

The inscription seems to refute the popular ‘Benda Kalooru’ theory behind the origin of the name ‘Bengaluru.’ While the boiled beans anecdote relates to Hoysala king Veera Ballala’s regime in 1120 AD, and modern Bangalore was built by Kempegowda I in the 1530s. But the Begur inscription indicates that a settlement called ‘Bengaluru’ existed much before that, as early as 890 AD.

This has been recorded in the ‘Epigraphia of Carnatica,’ compiled by the Mysore archaeological department. Even though the Begur stone was identified and recorded in 1915 itself, no efforts have been made to preserve it. It lies against a compound wall in the Parvathi Nageshwara temple. Several other stones (veeragallus) are lying along beside, cracked in two pieces, echoing the tales of battles bygone.

“Some pillars inside the ancient temple are gradually sliding and caving in. The government should take immediate steps to preserve the temple and the monuments,” said Venkatesh, a villager who is also a member of the Rajagopura Construction Committee. The committee, formed by locals, raises funds from devotees and is building four Rajagopuras (high towers) around the temple. The construction in the premises poses further threat to the inscription. There should be care taken that the new concrete cement towers don’t ruin the beauty of the temple.

Posted in Ancient Architecture, Bengaluru, Hindu Empire, India Forgotten, Rated R, Truthout Articles | Tagged: , , , , , , , , | Comments Off on 1000-year old inscription stone bears earliest reference to Bengaluru

Where does Bangalore’s power come from?

Posted by Admin on November 12, 2012

Bangalore had been reeling under a power shortage until recently. The city alone consumes about a third of the state’s total power. What are Bangalore’s power sources?

By Navya P K
06 Nov 2012, Citizen Matters

For over a month, there have been reports about power shortage in the city. Early October, BESCOM had contemplated power cuts for industries, but later changed the plan when rains started.

Currently, the city has shortage of around 100 MW daily, which is only less than 5% of its total requirement, says P Manivannan, MD of BESCOM [1]. The shortage for entire BESCOM area is upto 600 MW. Manivannan says, “The shortage cannot be quantified, but varies from 0-600 MW through the day depending on wind and other sources. We are able to handle it, and are not contemplating any load shedding for the city.”

Bangalore’s daily power demand is about 2300 MW (Mega Watt). That is, 2300 MW of power is transmitted throughout the day to the city on average (there are sharp differences in peak and non-peak hour consumption though). Bangalore consumes about one-third of the state’s total power. Karnataka‘s average demand is 6000 MW per day.

Pic: wikimediacommons

Overall, Bangalore consumes 42 Million Units (MU) energy per day, as opposed to state’s 140 MU. The transmission of 2300 MW through the day, leads to consumption of 42 MU of energy.

What are our power sources?

Bangalore is powered by the same grid that supplies to the entire state – there are no specific sources for Bangalore alone. The sources include hydel, thermal and non-conventional sources like wind and sun. The state also gets power from Central Generating Stations (CGS) like Neyveli Lignite Corporation, Kaiga Atomic Power Station in North Karnataka etc. Together, the sources have the maximum capacity to produce 12,000 MW of power, but actual generation is about 6000 MW and the extent of generation from each source varies through the day. Major sources are the state’s own hydel and thermal power stations.

Hydel power:

The state has over 15 hydel power stations – Shivanasamudra, Sharavathy and Bhadra are some of them. Though hydel power is a major part of state’s power, BESCOM gets only a small share of it. The amount of hydel power allocation is fixed for ESCOMs (Electricity Supply Companies).

BESCOM gets 12% of state’s hydel power for its entire area which also includes Tumkur, Chitradurga, Davanagere etc (not just Bangalore). Because of this low dependency on hydel power, poor monsoon rains do not hinder power supply to Bangalore as much.

Thermal power:

Thermal power comes from coal, gas and diesel stations. Raichur and Bellary Thermal Power Stations (RTPS and BTPS), and Yelahanka Diesel Generating Station (YDGS) are the state’s major thermal stations. Unlike hydel power, thermal power is stable as long as there is no shortage of coal/diesel.

Central Generating Stations (CGS):

CGS are thermal/nuclear stations. The stations are maintained by central government, and each state gets a specified share of the power generated. The state in which the station is located, will get majority of the power while neighbouring states will get a smaller share. Karnataka gets about 1000 MW from CGS, on average.

Non Conventional Energy Projects (NCEPs):

This power is produced not by government agencies, but by Independent Power Producers (IPPs). NCE sources mainly are wind, sun, biomass etc. Wind generation is a major part of NCEPs, but depends on wind availability. While IPPs like Tata BP Solar exclusively generates solar power, much of NCE is generated in factories as by-product.

For instance, in sugar and steel factories, while production process goes on, power can be generated simultaneously. The factories use part of this power for themselves, and sell the excess to the state. Udupi Power Corporation Ltd (UPCL), a major IPP, produces power from imported coal.

How power reaches Bangalore

Three agencies are involved in the procurement, transmission and supply of power, before it reaches consumers. Karnataka Power Corporation Ltd (KPCL) is the state agency that gets power from different generating stations. KPCL also buys power from other states when required.

Another agency, Karnataka Power Transmission Corporation Ltd (KPTCL) is in charge of transmitting power to different ESCOMs, including BESCOM. Once it gets the power from KPTCL, BESCOM’s local network supplies it to consumers.

All of this is co-ordinated by KPTCL’s State Load Despatch Centre (SLDC). ESCOMs inform SLDC about their power requirement forecast for the next day, 24 hours earlier. Similarly, KPCL informs SLDC of its generation forecast, a day before. Depending on this, the total power is distributed among each ESCOM for the next day. Demand and supply varies through the day, and SLDC maintains real-time data on this.

06 Nov 2012

Navya P K is Senior Staff Journalist at Citizen Matters.

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Shutdown hits normal life in Karnataka

Posted by Admin on October 7, 2012–finance.html

By Indo Asian News Service | IANS India Private Limited – 14 hours ago

Bangalore, Oct 6 (IANS) A day-long shutdown to protest the release of Cauvery river water to Tamil Nadu crippled life in Karnataka Saturday.

The state-wide shutdown called by farmers and pro-Kannada organisations is supported by the ruling Bharatiya Janata Party and the opposition Congress and Janata Dal-Secular.

Uneasy calm prevailed in Bangalore and other cities and towns of the state.

“The 12-hour shutdown began at 6 a.m. There were stray incidents of road blockade, forcible closure of shops and damage to a couple of state-run buses,” a senior police official told IANS here.

The state-run transport services of Kerala State Road Transport Corporation (KSRTC) and Bangalore Metropolitan Transport Corporation (BMTC) were suspended amid fears of damage to the vehicles by miscreants.

Although train and flight services remained unaffected, passengers were stranded at the railway station here, as autorickshaws and taxis remained off the roads.

The state education department late Friday advised schools and colleges to declare a holiday Saturday to ensure safety of students during the bandh.

Companies offering 24×7 services like call centres and business process outsourcing had to make arrangements to escort their employees to work and back home.

With commercial establishments like shops, malls, restaurants and petrol pumps shut, life has virtually come to a standstill in the state capital, Mysore, Hassan, Mangalore, Hubli, Belgaum and Shimoga.

Supply of essential commodities like milk and medicines and ambulance service were, however, exempted from the shutdown.

The security has been beefed up across the state.

Additional police personnel were deployed at vital installations and sensitive areas, especially in Bangalore.

The state has been releasing 9,000 cusecs of water daily since Sep 29 in compliance with the Supreme Court order of Sep 19, directing the prime minister, who is also the chairman of the Cauvery River Authority, to supervise the distribution of water in Karnataka, Tamil Nadu and Kerala.

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Karnataka’s new ration card system goes hi-tech

Posted by Admin on September 28, 2012

By | Yahoo! Finance India – Wed 26 Sep, 2012 1:00 PM IST

By K.R. Balasubramanyam

Risaldar Street is a little known Bangalore locality situated about a kilometre from the city’s main railway station. It has only one fair-price shop. More than a third of its 3,000-odd ration card holders belong to families living below the poverty line (BPL). But the fair-price shop now has one claim to fame – it is one of a handful of shops through which the Karnataka government has taken its first steps towards reforming its leaky public distribution system (PDS).

Consider the scene at the shop one evening in the last week of August. As usual, a group of people had gathered to buy their rationed monthly quota of foodgrains, sugar and kerosene. Among them was Sujatha, a helper at a hotel, in her mid-30s. When she handed over her ration card to the shopkeeper, he did not, as he used to once, scribble on it and return it to her. Instead he punched the card number into a biometric machine installed at the shop three months ago. The woman was then asked to put her left thumb on the machine, which promptly recognised her thumb impression as that of a genuine beneficiary. As each item Sujatha sought was placed on the weighing platform, the machine not only displayed the list of purchases along with their weight and price, but also announced these verbally in Kannada. Finally, the transaction complete, it printed a bill.

The process does not end there. After each transaction, the machine electronically relays its details to a National Informatics Centre (NIC) server, which uploads the data on a newly created portal of Karnataka’s PDS data centre. “Not just the officials, anyone from anywhere can access the information,” says B.A. Harish Gowda, Karnataka’s Food, Civil Supplies and Consumer Affairs Secretary, who has been driving the change. “We can achieve results only by increasing transparency.”

Karnataka’s move is the latest in a series of efforts by states and the Centre to fix the inefficient system of distributing essential items at subsidised rates to the poor. The PDS is run through more than 500,000 fair-price shops across the country.

The Centre spends a huge amount on food subsidies – it has budgeted Rs 75,000 crore for 2012/13 – but many poor people do not get their allocated quota of grains as the system is notoriously leaky. Some estimates suggest more than half the subsidised grain meant for BPL families is siphoned off.

“Transparency puts pressure on people to perform,” says Sudhir Kumar, Union Food and Public Distribution Secretary. “We support all such positive moves, and are in the process of preparing a scheme that will encourage states to take up PDS reforms.”

Gowda says the state has installed biometric machines in 103 shops in Bangalore and Tumkur districts since July. He is satisfied with their performance. “We will now start installing them in all the 20,459 fair-price shops in the state,” he adds. Karnataka hopes the Centre will help fund the Rs 100-crore programme.

Continued on next page…

Gowda estimates there could be around 1.5 million ineligible ration cards in the state, which will go out of circulation once the machines are installed all over. He expects the move to save the state around Rs 150 crore a year.

In the first phase, the Bangalorebased Essae Teraoka is supplying 1,000 machines at Rs 46,011 apiece. “We had feared shop licensees would resist the new system, but things have gone smoothly till now,” says its Managing Director S.A. Prabhu Chandran. He is trying to persuade other states such as Tamil Nadu to follow Karnataka’s example.

To ensure only genuine beneficiaries buy from the fair-price shops, the state food department has collected fingerprints and photographs of all cardholders and fed the data into a server that links all the machines. To further eliminate fake ration cards, the government has also linked the cards to electricity meter numbers in urban areas and property tax numbers in rural.

Wherever more than one family has claimed the same electricity meter or property tax number, officials have visited the houses and allowed only the ones genuine.

The linking had another tangential effect – it cleaned up land records. “When we shared data relating to property details with village panchayats, it did not match in many cases with what the panchayats had. The panchayats were able to identify more than 200,000 new properties that had not paid taxes,” says P.V. Bhat, Senior Technical Director, NIC, Bangalore.

Karnataka is also using its information technology network to ensure fair-price shops lift their allocated stock from warehouses in time. Earlier, many shops would lift the stock only in the last week of each month – since lifting early meant locking up their working capital for a longer period. Today most shops are taking their quotas well in time and state officials keep tabs on the stock position. “A few warehouses had a month’s extra stock because many shops postponed lifting by one week every month,” says D.N. Jeevaraj, Karnataka’s Food and Civil Supplies Minister. “I have instructed that stocks should be lifted by the 10th of every month.”

How the new system works
1. The machine identifies beneficiaries with their thumb impressions
2. It displays weight and price of items, verbally announcing them too
3. It electronically transmits transaction details to a server
4. The data is uploaded on Karnataka PDS Centre’s portal

Reproduced From Business Today. © 2012. LMIL. All rights reserved.

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French diplomat arrested for sexually abusing daughter

Posted by Admin on June 20, 2012

By Indo Asian News Service | IANS India Private Limited – 16 hours ago

Bangalore, June 19 (IANS) Bangalore Police early Tuesday arrested French diplomat Pascal Muzurier on the charge of sexually abusing his minor daughter.

“We have arrested Mazurier and taken him into custody from his residence in the early hours…We will produce him in the court later in the day after medical examination,” Bangalore Additional Police Commissioner (Law & Order) T. Sunil Kumar told IANS here.

Mazurier is the deputy head of chancery in the French consulate here.

Muzurier,39, was charged June 15 under section 376 of the Indian Penal Code (IPC) for allegedly raping his nearly four-year-old daughter Stella after his Indian wife Suja Jones complained to the police.

“We got clearance from the external affairs ministry and the union home ministry from New Delhi late Monday for arresting Muzurier. We will seek his custody for interrogating him as part of our investigation into the case,” Kumar added.

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Apaulogy: Where art meets cartoon

Posted by Admin on June 1, 2012

Apaulogy: Where art meets cartoon

Take a walk by Richards Park in Bangalore, and you’ll stumble upon a most curious gallery that will lure you inside with its funny sketches of a man on a wobbly bicycle and a policeman with ballooning shorts. I followed my feet to find inside a treasure-trove of the city’s collective memories. Apaulogy, the gallery, is a showcase of artist Paul Fernandes’ work as he recaptures the Bangalore of ‘60s and ‘70s – when it was still a sleepy little town. What makes it absolutely delightful is that Paul’s illustrations of the city’s history are in the form of cartoons.


Artist Paul Fernandes with a cut-out of a policeman from the 1960’s. The official police uniform included shorts starched so stiff they were nicknamed parachutes, and a well-oiled moustache on a Rs. 5 maintenance-allowance.


Paul Fernandes with Jatin Prabhu and Mona Weber, the gallery’s charming curators who will take you through the time-machine of Paul’s sketches, back to a more comic and peaceful Bangalore.


Walk through the warm spaces of Apaulogy, step into a picture and travel back in time. If you’re lucky you’ll even bump into the artist on many of his (mis)adventures!


A music series.


The hilarious Shine Boards – a collection of misspelt sign-boards across the country that will leave you in splits.


Praise for Paul’s work.


Paul’s gallery Apaulogy is located near Richards Park, in Bangalore.


India Coffee House, MG Road, where the coffee cups were always full and the conversation never ran out.


Pedestrians at the risk of early learners at the Bangalore Driving School.


Koshy’s, an old favourite, hasn’t changed much. Unfazed by posh neighbours like the Hard Rock café, it is abuzz with endless energy fuelled cups of tea and homemade sandwiches.


A boisterous Mangalorean wedding: food, high spirits, and a veritable jewel-box of characters that belong to every Indian family.


Plaza theatre that once screened the latest films in Bangalore is now the entrance to Namma Metro.


In simpler times, when crimes were more innocent.


In Pub City, Bangalore, Dewars Bar was the most popular watering hole. The name of the bar is apparently a play on Devarajan, the owner of the bar and Dewar’s whiskey.


The BRV went from British armoury to premier movie hall that screened all the James Bond films. However, when they began to lose their audience to competition from other theatres, they began to screen racier films, with women doing cabarets. In ’77 a 20 ft. cut-out of a Japanese woman in a bikini took the city by surprise. But despite the collective shock at such a brazen image, Bangaloreans of the time were too laid-back to organize a hartal or protest.


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Magnificent Belur – Poetry in soapstone

Posted by Admin on May 20, 2012

Magnificent Belur – Poetry in soapstone

Belur, 40 km from Hassan city and 220 km from Bangalore, is in Hassan district of Karnataka state, India. The Chennakeshava temple was built by the Hoysalas under the rule of King Vishnuvardhana in 1117 CE. The deity of this temple is lord Vishnu and the word ‘Chennakeshava’ literally translates to ‘Handsome Vishnu’. Within the temple complex, the Chennakeshava temple is in the centre, facing east, flanked by Kappe Channigaraya temple on its right, and a small Sowmyanayaki temple set slightly back. On its left, set slightly back is the Ranganayaki temple. Two main Sthambhas (pillar) exist here. The pillar facing the main temple, the Garuda sthambha was erected in the Vijayanagara period while the pillar on the right, the Deepasthambha, dates from the Hoysala period.


ABOUT THE PHOTOGRAPHER: ANANTH V RAO is an engineer by profession and a hobbyist photographer with a passion for picturing architectural grandeur as well as nature and wildlife. He was born and brought up in Hassan, Karnataka, a place known for its culture and heritage. He lives in Bangalore.

Note from the Admin : – Yet another glorious tribute to the timeless splendour and enchanting beauty of my beloved Motherland.

Belur Chennakeshava Temple

The Hoysala emblem at the Chennakeshava temple in Belur depicts the fight between the mythical Sala and a tiger, the emblem of the Cholas. Historians and scholars believe it represents King Vishnuvardhana’s victory over the Cholas at Talakad.

Belur Chennakeshava Temple

The main entrance to the complex is crowned by a Rajagopura built during the days of Vijayanagara empire. The Rajagopura is a five-storey structure comprising idols of Lord Vishnu in different incarnations, as well as erotic idols.

Belur Chennakeshava Temple

A view of the temple with the flag mast in the foreground.

Belur Chennakeshava Temple

The Chennakeshava temple is built on a 4.5 feet plinth. The temple, including the plinth, is in the shape of Sri Chakra (star shape), a characteristic feature of Hoysala architecture. Sri Chakra is considered most auspicious in Hindu religion.

Belur Chennakeshava Temple

Another view of the temple.

Belur Chennakeshava Temple

A pillared corridor inside the temple complex.

Belur Chennakeshava Temple

Tourists at the Chennakeshava temple precincts.

Belur Chennakeshava Temple

Another view of the temple complex.

Belur Chennakeshava Temple

Lord Garuda, the sacred steed of Vishnu, greets devotees at the portals of the temple.

Belur Chennakeshava Temple

Note the intricate carving of the sculpture of Garuda, and its harmony with the temple in the background.

Belur Chennakeshava Temple

The main temple consists of three bottom friezes. The lower frieze depicts charging elephants, which symbolize strength and stability. The middle frieze depicts lions, which symbolize courage and valor. The upper frieze depicts horses, which symbolize speed. No two elephants, lions and horses are alike.

Belur Chennakeshava Temple

A priest in the temple precincts. Belur is among the few Hoysala temples where regular worship services are held.

Belur Chennakeshava Temple

Darpana Sundari (lady with mirror) is one of the main attractions in the temple. The intricate carvings include the mirror frame, the tendrils around the lady, and her jewelry. A maid on her right is feeding grapes to a pet monkey.

Belur Chennakeshava Temple

Shukhabhashini depicts a woman in conversation with a parrot.

Belur Chennakeshava Temple

The scene is called Gajasura Samhara.Lord Shiva, in one of his furious forms- Gajasura Mardana, is dancing on the head of Gajasura, the elephant demon, and ripping off his skin. Observe the ripped skin above Shiva’s head.

Belur Chennakeshava Temple

In Hindu mythology, Bhasmasura was an asura or demon who was granted the power that anyone whose head he touched with his hand should burn up and immediately turn into ashes (bhasma). The asura was tricked by the god Vishnu’s only female avatar, the enchantress Mohini to turn himself into ashes. The specialty of this sculpture is that a drop of water from the tip of her right hand would fall on the left breast, then on the tip of the left hand and then on the thumb of the left leg. Such was the brilliance of Hoysala architecture.

Belur Chennakeshava Temple

Here, a monkey is teasing the lady by pulling her sari. The lady is trying to shoo the monkey off by holding a tendril in her hand.

Belur Chennakeshava Temple

Tribhangi pose is considered to be humanly impossible in Indian dance forms. Tribhangi consists of three bends in the body; at the neck, waist and knee. The body is oppositely curved at waist and neck which gives it a gentle “S” shape.

Belur Chennakeshava Temple

The Hoysalas carved the sculptures incorporating the finest of details. In this photo, one can see the care taken and effort put to carve the fingernails to perfection. Their talent for detail and ability to match imagination to sculpture were matchless.

Belur Chennakeshava Temple

This is a scene from the Mahabharata. Here, Arjuna is piercing the eye of a rotating fish with his bow and arrow by looking at the reflection of the fish in a bowl of oil. He does so to win the hand of Draupadi. Some people say that the bow in this sculpture, which has been destroyed now, would twang when struck.


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A cloudy day at Bellary Fort

Posted by Admin on May 7, 2012

Photo-editor AZHAR MOHAMED ALI spent a day among the ruins of the historic Bellary Fort in Karnataka, taking in their various moods. Enjoy this pictorial tour.

Situated 300 km from Bangalore is the spectacular and historic Bellary Fort, which sits atop Ballari Gudda, otherwise known as the Fort Hill. During the Vijayanagara era this fort was built by Hanumappa Nayaka. In 1769, Hyder Ali of Mysore stormed the fort and occupied it.  The fort was then renovated by a French engineer who, according to legend, was executed because he miscalculated its height, making it visible from a hill called Kumbara Gudda, and thus compromised its military location. The French engineer’s grave can still be found at the east gate of the fort. The Bellary Fort is home to an Upper Fort or Fort Hill (constructed by Nayak) and a Lower Fort or Face Hill (constructed by Ali), symbolizing the two rulers. The only way to get to the Upper Fort is to navigate a rocky, winding path over boulders. This polygonal walled site has no garrison room.  On the other hand, the lower fort is easily accessible from two gates from the western and eastern sides respectively.  A Hanuman temple, the Kote Anjaneya Temple, is located at the eastern side of the fort. The lower fort housed barracks and arsenals.  The British added their own structures in the Lower Fort including stores, a post office, a church, an orphanage and private homes. Today, one can find a number of public buildings and other institutions.

Click through the numbered links to enjoy these dramatic images.

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A cloudy day at Bellary Fort

Posted by Admin on February 18, 2012

Photo-editor AZHAR MOHAMED ALI spent a day among the ruins of the historic Bellary Fort in Karnataka, taking in their various moods. Enjoy this pictorial tour.

Yahoo Lifestyle Entertainment – Wed 15 Feb, 2012 4:50 PM IST

Situated 300 km from Bangalore is the spectacular and historic Bellary Fort, which sits atop Ballari Gudda, otherwise known asthe Fort Hill. During the Vijayanagara era this fort was built by Hanumappa Nayaka. In 1769, Hyder Ali of Mysore stormed the fort and occupied it.  The fort was then renovated by a French engineer who, according to legend, was executed because he miscalculated its height, making it visible from a hill called Kumbara Gudda, and thus compromised its military location. The French engineer’s grave can still be found at the east gate of the fort. The Bellary Fort is home to an Upper Fort or Fort Hill(constructed by Nayak) and a Lower Fort or Face Hill (constructed by Ali), symbolizing the two rulers. The only way to get to the Upper Fort is to navigate a rocky, winding path over boulders. This polygonal walled site has no garrison room.  On the other hand, the lower fort is easily accessible from two gates from the western and eastern sides respectively.  A Hanuman temple, the Kote Anjaneya Temple, is located at the eastern side of the fort. The lower fort housed barracks and arsenals.  The British added their own structures in the Lower Fort including stores, a post office, a church, an orphanage and private homes. Today, one can find a number of public buildings and other institutions.

Click through the numbered links to enjoy these dramatic images.

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India services PMI up modestly, input prices at 30-mth high

Posted by Admin on February 4, 2011

A waiter serves coffee to college students surfing the internet at a cafe in Bangalore in this April 6, 2000 file photo. REUTERS/Stringer/Files


On Thursday 3 February 2011, 10:31 AM

BANGALORE (Reuters) – Business activity in India’s services sector grew at a faster clip in January than in the previous month, boosted by new orders and expectations of solid growth, but costs also soared, a survey showed on Thursday.

The HSBC Markit Business Activity Index, based on a survey of around 400 firms, rose to 58.1 in January after falling to 57.7 in December from November’s four-month high.

It was the 21st consecutive month the key index of the service sector in Asia’s third largest economy has been above the 50 mark that separates growth from contraction.

“India’s service sector saw a slight acceleration in the momentum in January, with activities, orders, and employment growing a bit faster and readings staying firmly in expansionary territory,” said Leif Eskesen, chief economist for India & ASEAN at HSBC.

The PMI’s employment index and the business expectations index climbed to their highest in seven months, indicating Indian firms were more optimistic about the year ahead.

However, the input price index hit a 30-month high of 61.99 in January and prices charged were at a nine-month high, underscoring the threat that higher raw material prices are rapidly filtering into the broader economy, fueling inflationary pressures.

“As we saw for the manufacturing sector, however, the supply side is struggling to keep pace with the strong momentum in domestic demand, which is manifesting itself in accelerating input prices and is spilling over to prices charged,” Eskesen said.

India’s manufacturing sector expanded at a slightly faster pace in January but input prices jumped, adding to pressure from food inflation that the government and central bank are already struggling to contain.

“The current strong pace of activity is clearly not compatible with comfortable and stable levels of inflation, underscoring the urgency of continued monetary policy tightening and the need to prepare a budget for the next fiscal year, which is consistent with an appropriately contractionary fiscal policy stance,” Eskesen said.

India’s central bank raised interest rates on Jan. 25 by a quarter of a percentage point, bringing the repo rate to 6.5 percent, in an attempt to suppress stubborn inflation. The increase was its seventh rate rise over the past year and more hikes are expected to follow later in 2011.

The Reserve Bank of India has lifted inflation projections for March 2011 to 7 percent.

(Reporting by Ruby Cherian; Editing by Kim Coghill)

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Papers surface alleging land grab by Deve Gowda family

Posted by Admin on November 26, 2010

The Vidhana Soudha, the seat of Karnataka's le...

Vidhana Soudha(Bengaluru),Karnataka

H.D Deve Gowda(Former Prime Minister of India)

H.D Deve Gowda(Former Prime Minister of India)

HD Kumaraswamy, the JD(S) leader who has been exposing scandal after scandal involving chief minister B S Yeddyurappa, is now in the dock for helping his brother Balakrishne Gowda grab prime land in Bangalore.

Documents surfaced in Bangalore on Wednesday showing the gifting of prime land to Kupendra Reddy, who in turn sold part of the property to former prime minister HD Deve Gowda’s son Balakrishne Gowda.

The Bangalore edition of Deccan Chronicle reports:

In 2007, then chief minister H.D. Kumaraswamy who has been crying foul over BSY’s largesse to his kith and kin, granted an absolute sale deed to an extent of 28 acres of prime land belonging to KIADB on the bustling Sarjapur Outer Ring Road for a mere Rs 14 crore. Its market value today — Rs 850 crore.

Less than two months later, HDK’s brother and other members of the former chief minister’s family received a portion of this very property at a throw away price. Today, Accenture operates out of this office space.

According to documents available with Deccan Chronicle, the prime beneficiary in this deal is H.D. Balakrishne Gowda (HDK’s brother) who has got 25,000 sqft of built up office space for a mere Rs 3.08 crore at less than Rs 1,200 per sqft whereas the value at that time was Rs 4,000 per sqft of built up structure.

Deccan Herald had reported the deal back in 2007:

H D Kumaraswamy may now have to eat his words. A set of documents available with Deccan Herald reveals that his family members, indeed, have  connections with the city-based realtor D Kupendra Reddy, whose house was raided by the I-T department on Tuesday…

A day after the I-T raids, Mr Kumaraswamy had fumed at media reports that Mr Reddy was close to him and stoutly denied any connection with the realtor. The documents also reveal that the entire commercial space sold to Kavitha (Kumaraswamy’s sister-in-law) and her family members was originally owned by State-owned Karnataka Industrial Area Development Board.

Three years on, when the case surfaced again this Wednesday, Kumaraswamy told TV9 that Reddy had got the land from the industrial area development board when S M Krishna was chief minister. He claimed he had no knowledge of the deal involving his brother Balakrishne Gowda.

Earlier in the day, Kumaraswamy said the BJP had acted immorally by letting scandal-tainted Yeddyurappa stay on as chief minister. He said he would take out a yatra in Karnataka to draw the people’s attention to Yeddyurappa’s “misdeeds.” Panchayat elections are due in the state in a month.


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