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Archive for May 1st, 2007

"Government Order" Paves Way For Fab City Project - It Marches Ahead…

Tuesday, May 1st, 2007

With the Andhra Pradesh Government issuing an order allotting 100 acres of land to SemIndia, decks have been cleared for the proposed $3 billion semiconductor manufacturing Fab City here.
Acting cautiously in view of the controversy following certain allegations made by Opposition Telugu Desam party against the promoter, the government has made it clear that it […]

Fab Power SOP Set At 50 MW

Tuesday, May 1st, 2007

The State has decided to restrict the quantum of power to be supplied at subsidised rate to Fab City promoter SemIndia.

This will help the government to reduce the subsidy burden considerably from the original Rs 1,000 crore.
In the GO issued on Saturday, the government said power would be provided at a rate of Rs 1.85 […]

SemIndia Gets Seat In Fab Vehicle

Tuesday, May 1st, 2007

According to sources, a high-level deci- sion was taken to allot a maximum equity of 11 per cent to SemIndia in the SPV, though officials had insisted that its position should only be advisory.
The State government on Saturday issued the order on the controversial Fab City project, retaining promoter SemIndia as equity holder in the […]

Rs 20 Lakh Home Loan Now In Priority Sector

Tuesday, May 1st, 2007

The Reserve Bank of India on Monday notified the norms to banks in relation to priority sector lending. The norms allow banks to include direct finance to corporations for agriculture and allied activity of up to Rs one crore as priority sector sector lending against the earlier ceiling of Rs 20 lakh.

The norms also allow […]

Janapriya UTOPIA Phase II

Tuesday, May 1st, 2007

TALE OF TWO CITIES

Tuesday, May 1st, 2007

While New Hyderabad shines, proudly flaunting its classy bistros, glitzy stores and nightclubs, the Old Town gropes through its narrow, neglected bylanes to let the world know that it, too, breathes.
With Charminar on one side, and Cyber Towers on the other, the four centuries’ Old city seems to be fast acquiring an odd equation. Some […]