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Archive for September 12th, 2007

Dubai Companies To Invest Rs.6,000 Cr In AP - Minister

Wednesday, September 12th, 2007

Minister for IT Mr. R.Damodar Reddy today claimed that several Dubai based companies, including Dubai Internet City, Dubai Holdings, Etisalat etc. have shown keen interest to invest about Rs.6,000 crores in Information Technology, ITES, telecommunications sectors in Andhra Pradesh particularly in the State capital.

Foreign Airlines To Help New Hyderabad Airport Take Off

Wednesday, September 12th, 2007

Six months before a new international airport is set to open here, the company operating the facility says it has lined up several foreign airlines—Kuwait Airways, Etihad Airways, AirArabia, Iran National Airlines and British Airways—for flights.

Leyland To Set Up LCV Facility In Andhra

Wednesday, September 12th, 2007

Ashok Leyland, the Hinduja group flagship, has proposed to set up its light commercial vehicle (LCV) plant in Andhra Pradesh.
Executives of the company met Chief Minister Y S Rajasekhara Reddy on Tuesday in this regard and informed him that the proposed plant would have a capacity of 1 lakh units in the first phase at […]

HUDA Nandagiri Land Rakes In Rs 6 Crore

Wednesday, September 12th, 2007

The coveted 755.87 square yard plot atop Nandagiri Hills in Jubilee Hills went under the hammer for Rs 6.04 crore at an auction held by Hyderabad Urban Development Authority (Huda) here on Wednesday. Just three bidders participated in the open auction to own the prized plot from where one can get a panoramic view of […]

Jeedimetla IDA To Be Made A Model Estate

Wednesday, September 12th, 2007

Jeedimetla Industrial Development Area will be developed into a model estate in Asia, the Quthbullapur Notified Municipal Industrial Area Service Society announced on Wednesday.

Mechanical Snag Sparks Panic At Expressway

Wednesday, September 12th, 2007

With the collapse of Punjagutta flyover scaffolding still fresh in mind, a mechanical snag in the launching girder of P.V. Narasimha Rao Elevated Expressway, set off strong rumours on Wednesday that a portion of launching girder fell off injuring some workers.

Major Rajiv Swagruha Plan For Medak District

Wednesday, September 12th, 2007

Andhra Pradesh Rajiv Swagruha Corporation Limited’s biggest township with 5,000 dwellings will come up on 730 acres close to the proposed Indian Institute of Technology near Kandi village in Medak district.

IL&FS Arm Plans $1 Billion Realty Fund

Wednesday, September 12th, 2007

IL&FS Investment Managers (IIML), the publicly listed private equity arm of Infrastructure Leasing & Financial Services, is planning to launch a $1 billion real estate fund.

New FDI Policy By Month-end

Wednesday, September 12th, 2007

The government will announce changes in foreign direct investment (FDI) policy by the end of this month, focusing on sectors that generate maximum jobs.

Passports To Be Issued Within 20 Days

Wednesday, September 12th, 2007

Tired of the long wait for a passport? It’s about to get shorter. The ministry of external affairs has drafted an ambitious plan to outsource a major portion of the regional passport offices’ work so that once a police verification report is received, a passport is issued within three days.

Railway’s High-Speed Plan Gets On Track

Wednesday, September 12th, 2007

Even as serious doubts are being raised in the Rail Bhavan corridors over the feasibility and commercial viability of the ambitious High-Speed Passenger Corridor Project, the Indian Railways is buoyed over the fact that not only have nine state governments shown interest in it, they have even suggested as many as 16 routes, spread over […]

Criminal Case Filed Against Gammon Over Flyover Mishap

Wednesday, September 12th, 2007

It could be a protracted legal battle for the Rs 1,871-crore Gammon India, the engineering and construction company that was working on the flyover that collapsed in Hyderabad on Sunday, killing 15 people and injuring several others. The Hyderabad police has registered a criminal complaint against the company for negligence. The complaint was filed by […]