Archive for September 27th, 2007
GVMC revenues may go up by Rs.13-cr.
Thursday, September 27th, 2007The non-residential property tax hike that will come into force on October 1 is expected to improve the revenues of the Greater Visakhapatnam Municipal Corporation by more than Rs.13 crores during the second half of the current year.
Ground work for widening NH-9 to begin soon
Thursday, September 27th, 2007The ground work on the proposed widening of National Highway-9 between Hyderabad and Machilipatnam to make it a four-lane road will begin in two to three months from now, according to S.K. Puri, Chief General Manager of the National Highways Authority of India (NHAI).
MoU on IT park in Karimnagar town
Thursday, September 27th, 2007The AP Markfed and AP Industrial Infrastructure Corporation (APIIC) have entered into a memorandum of understanding (MoU) on Wednesday for developing IT park in the 30 acres of AP Markfed lands in the heart of Karimnagar town.
Lake clean-up to be done within 48 hours
Thursday, September 27th, 2007The HUDA Chairman D. Sudheer Reddy formally launched the clean-up of Hussain Sagar to remove debris of Ganesh idols and other waste thrown into the lake on the occasion of Ganesh Nimajjanam here on Thursday.
Punjagutta flyover likely to be ready by March next
Thursday, September 27th, 2007The enforced break in construction following the accident is likely to stretch the deadline for completing the entire Punjagutta flyover by at least three months. With the technical experts committee recommending work to be resumed, officials admit that the flyover would not be completed by its December 31 deadline.
Bad roads getting repaired
Thursday, September 27th, 2007Massive re-carpeting of roads begins at some vital stretches in city
Damage control: GHMC workers refilling potholes on the road at Goshamahal in Hyderabad
With rain giving a brief reprieve from its onslaught in twin cities, Greater Hyderabad Municipal Corporation (GHMC) officials have started the much-needed patchwork and re-carpeting of roads at some vital stretches.
Maytas Infra’s initial public offer
Thursday, September 27th, 2007Maytas Infra Ltd., a two-decade-old company engaged in construction and infrastructure development activities, has entered the capital market with an initial public offer of 8.85 million equity shares of Rs. 10 each for cash at a price to be decided through a 100 per cent book-building process.
First IT unit at SEZs nearing completion
Thursday, September 27th, 2007The first unit in the two IT-specific Special Economic Zones at the picturesque Rushikonda will be operational in two to three months.
State to regularise assigned land up to 2,000 sq yds
Thursday, September 27th, 2007The State government has in principle decided to regularise assigned land up to 2,000 sq. yards only in cases where buildings have come up on the land.
Hyd flyover mishap: Gammon India fined 10% of project cost
Thursday, September 27th, 2007The enquiry committee on the flyover collapse in Hyderabad has given a clean chit to Gammon India. The report said that heavy rains mainly caused the collapse. It added that Gammon had not taken enough care, despite knowledge and experience.
Realtors may sell $5 billion shares to fund growth
Thursday, September 27th, 2007Property developers might raise $4.7 billion selling shares this financial year, more than the amount raised by them in the past two years, as real-estate companies sought to meet demand, Ernst & Young said on Thursday.
Govt to set up real estate regulator
Thursday, September 27th, 2007The Union Government will set up a regulator to address builder-consumer complaints in Delhi in six months, the Union Urban Development Minister, Mr Jaipal Reddy, said here on Thursday.
Delhi tops infrastructure index: E&Y survey
Thursday, September 27th, 2007Read where Hyderabad & Vizag stand
The cities of Surat, Chandigarh, Nagpur, Vadodara, Visakhapatnam and Jaipur ranked high when it came to indices such as city prosperity, urban governance, business environment, infrastructure and quality of life, according to a survey by global professional services provider Ernst & Young.
IBM Signs MoU With Vasavi College For ACE Programme
Thursday, September 27th, 2007IBM and Vasavi College of Engineering signed a Memorandum of Understanding (MoU) today, which enables the Hyderabad based premier educational institution to conduct IBM India’s Accelerated Career Excellence (ACE) programme.
Mahindra & Mahindra’s Launches ‘Scorpio Getaway’ In Hyderabad
Thursday, September 27th, 2007Photo Courtesy: Maltesh Ashrit
A big ride with humongous wheels is what makes a style statement and that’s what the new car from Mahindra & Mahindra’s garage is about to do for the Indian segment. ‘Scorpio Getaway’, the sports utility version of its flagship Scorpio, was launched in Hyderabad on Wednesday.
BITS To Set Up Management School
Thursday, September 27th, 2007Birla Institute of Technology and Science(BITS) based in Pilani(Rajasthan) has announced plans to set up elite management institutes on par with the IIMs in the next five years.
Geo-thermal Power From Heat Trapped Below Granite Rock
Thursday, September 27th, 2007And now power generation is planned from heat trapped below granite rock in Andhra Pradesh. A vast area stretching from Hyderabad to Ongole, has a thick and contiguous layer of granite about a km below the earth’s surface.
‘Hyderabadi Haleem’ To Get Patented !!
Thursday, September 27th, 2007Pista House, a wellknown eatery here, is all set to patent Hyderabadi haleem — a niche delicacy brought to the Indian subcontinent by Muslim immigrants from Persia and given a Hyderabadi touch.