Archive for September 25th, 2007
Unitech bid confirmed for ‘knowledge city’
Tuesday, September 25th, 2007The AP Industrial Infrastructure Corporation (APIIC) has finalised the bid submitted by a Gurgaon-based Unitech Ltd., for development of ‘Integrated Vizag Knowledge City’ at Kapuluppada.
Hike in property tax for shopping complexes
Tuesday, September 25th, 2007The Greater Hyderabad Municipal Corporation (GHMC) has sharply hiked property tax rates for commercial properties, including shopping complexes, offices, banks, ATMs, hotels, hospitals, etc., and is expecting to mop up about Rs. 500 crore.
Abysmal road conditions choke Chandanagar
Tuesday, September 25th, 2007Â
Nowhere to hide: A woman covers her nose from being exposed to the flying dust near Chandanagar on Monday.Â
It is almost last of the city’s periphery stretch and heavy traffic meanders its way to different inter-State destinations such as Mumbai, Shirdi, Pune and parts of Karnataka.
Writ appeal on Lanco land deal adjourned
Tuesday, September 25th, 2007A Division Bench of the High Court on Monday adjourned the writ appeal filed pertaining to transfer of lands to major IT companies from the properties of Wakf.
GHMC laxity costs State
Tuesday, September 25th, 2007The government is losing crores of rupees as tax revenue because of the Greater Hyderabad Municipal Corporation’s laxity in giving numbers to houses and plots. It has been three decades since the civic body took up the task but it has only given numbers to houses in 90 of the 254 localities in the city, […]
Desi car plant, 100-storey tower stuck in power politics
Tuesday, September 25th, 2007Two major projects — the desi car venture by MLR Motors and the 100-storied trade tower — are bogged down by controversies even before taking off. The State government is believed to have opposed a move by MLR Motors to accept investments from an automobile company and an airline.
HUDA puts Simplex on notice
Tuesday, September 25th, 2007Upset over the tardy pace of works relating to the P V Narasimha Rao Elevated Expressway Corridor, the Hyderabad Urban Development Authority (HUDA) officials have slapped a notice on the contractor Simplex Somdatt.
Jawahar Pharma City to begin operations soon
Tuesday, September 25th, 2007The Jawahar Pharma City, Visakhapatnam, is all set to witness hectic activity as many units are ready to begin operations soon.
Work on NH5 to NH9 link road begins
Tuesday, September 25th, 2007Traffic congestion frequently experienced in areas like Patamata, Autonagar, Ring Road, Ramavarappadu and Prasadampadu on Bandar Road (NH-9) and Eluru Road (NH-5) is expected to ease to a considerable extent in about six months from now, with the work on the laying of a four-lane link road connecting the two roads commencing on Monday.
TCS Expands Into ‘Emerging Services’
Tuesday, September 25th, 2007As services major Tata Consultancy Services continues to expand globally with footprint in new geographies, some of the innovations made by their R&D teams are set to make a bigger impact touching different sectors.
Land Recovery Threat Hits Govt’s Fund Chase
Tuesday, September 25th, 2007The opposition’s threat to take back lands auctioned by the government if they come to power in 2009 elections has derailed the state’s ambitious resource mobilisation programme.
HDFC Cuts Floating Rates On Home Loans
Tuesday, September 25th, 2007Leading private sector home loans lender HDFC on Monday reduced its interest rate on floating loans by 0.50 per cent.
Accordingly, the revised rate stands at 10.50 per cent and will be applicable to all loan disbursements on or before October 31, a HDFC spokesperson said here.
State Asks HUDA To Pay For Telangana Growth
Tuesday, September 25th, 2007Throwing a wet blanket on the ongoing projects of Hyderabad Urban Development Authority (Huda), the State government has asked the Huda officials to remit Rs 250 crores out of Rs 544 crores generated through the recent land auctions. The government said that the funds would be utilised for the development of Telangana area through the […]
Aids Vaccine Trials Stalled
Tuesday, September 25th, 2007The world’s most promising Aids vaccine candidate has failed. Instead of protecting volunteers from the deadly virus, the vaccine actually ended up infecting numerous participants during its large scale clinical trial on humans.
The Rajiv Gandhi Stadium At Uppal Fit For Test Matches
Tuesday, September 25th, 2007Photo Courtesy: P.V. Sivakumar, The Hindu
Hyderabad got the nod for hosting not just the India-Australia one-day cricket international on October 5 but also Test cricket in future.
HC Accepts Lanco Writ On Wakf Land
Tuesday, September 25th, 2007The PIL Bench of AP High Court on Monday admitted a writ appeal filed by Lanco Hills Technologies which was refrained by a single judge from developing the land allotted to it at Manikonda of Ranga Reddy district a few days ago.
Lakdi-ka-pul Bridge To Be Widened
Tuesday, September 25th, 2007The Lakdi-ka-pul bridge that has been a major obstacle for the smooth movement will be widened by an additional nine metres taking the total width of the bridge to 18 metres.
Maytas Infra Looking To Enter Airport Development Biz
Tuesday, September 25th, 2007Hyderabad-based construction and infrastructure development firm Maytas Infra Ltd plans to enter the airport development and operation business through alliances with strategic partners.