The cabinet ministry of Karnataka approved the allocation of 140 acres of land at Bengaluru Signature Business Park (BSBP), located near Kempegowda Airport, for ₹780 crore to US-based semiconductor equipment major Applied Materials Inc. The cabinet suggested that the cost be pegged at ₹780 crore with the consideration of the land at ₹1,288 per sq ft. The business park is already emerging as a key destination for high-tech industries and occupies over 400 acres of land.Law and parliamentary affairs minister ...