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Archive for August 30th, 2006

ITC Opens Choupal Fresh’s First Fresh-Farm Produce Store In Hyderabad

Wednesday, August 30th, 2006

Godrej has done it, Reliance plans to do it, and so do the Birlas. Now Indian Tobacco Company (ITC) has opened its first farm-fresh produce store in Hyderabad.The 2,500 square-foot ITC store in Hyderabad combines retail with wholesale. Choupal Fresh’s first store, with its own cold chain, opens at 0500 hrs IST every day to […]

Microsoft’s New Building Inaugurated At Hyderabad Campus

Wednesday, August 30th, 2006

Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy Wednesday inaugurated here the second phase of Microsoft campus that reflects the IT major’s continued commitment to India.The new facility of 395,000 square feet, which was completed in a record time of 13 months, has come up at the 50-acre campus at Gacchibowli.
The campus, which can seat 3,000 […]

Godrej Properties Eyes Hyderabad, May Sign Deal Soon

Wednesday, August 30th, 2006

Godrej Properties, the real-estate arm of Godrej group, is planning to enter Hyderabad. It is in advanced stage of negotiations with Bhagyanagar (earlier known as Bhagyanagar Metals), promoted by Surana group, to take over 12 acres in Hyderabad or form a JV, to develop the property market.When contacted by ET, a senior Godrej official said […]

HC To Huda: Maintain Status Quo On Kokapet

Wednesday, August 30th, 2006

A division bench of the Andhra Pradesh High Court on Monday directed the State government to maintain status quo on Kokapet lands which the Hyderabad Urban Development Authority (Huda) recently auctioned for Rs 703 crores. The court said the order will not preclude the successful bidders from depositing the bid amount as per the terms […]

Suven Life Sciences To Build New Discovery Site At Nandigama Village On The Outskirts Of Hyderabad

Wednesday, August 30th, 2006

Suven, Eli Lilly Ink Deal
HYDERABAD: Global drug major Eli Lilly has chosen city-based drug discovery company, Suven Life Sciences, to conduct pre-clinical research for a nervous system disorders (CNS) drug, with the goal of identifying potent, oral compounds that selectively modulate the specified G-Protein coupled receptor for the target CNS disease.Eli Lilly will make upfront […]

AMD Plans $500 mn In SemIndia SEZ (Fab City Project)

Wednesday, August 30th, 2006

Fab City Gets Even More “Fab”ulous
World’s second largest computer chip maker Advanced Micro Devices is planning to invest about $500 million in SemIndia’s proposed chip manufacturing facility near Hyderabad.AMD will invest $500 million in SemIndia’s Special Economic Zone for making silicon chips that would require a total investment of up to three billion dollars, official […]

Nita Ambani Designing Reliance’s "Feel Fresh" and "Feel Fresh Plus" Stores

Wednesday, August 30th, 2006

The next one week is going to decide a lot of things as far as Reliance Industries’ entry into the retail business is concerned. While it is well known that the retail juggernaut will begin from Hyderabad next month with two kinds of stores, little has been said about the branding, design and the layout […]