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Archive for October 4th, 2007

Lehman Bros, Morgan Stanley Eye 40% Of Parsvnath SEZs

Thursday, October 4th, 2007

Delhi-based real estate developer Parsvnath Developers (PDL) is learnt to be in talks with US-based global financial investors Lehman Brothers and Morgan Stanley for divesting equity in the company’s Special Economic Zones (SEZ) projects.

Health Insurance Scheme For Construction Workers Soon

Thursday, October 4th, 2007

The Government has finally decided to collect cess from contractors at one per cent on the value of the constructions such as buildings, dams and other structures executed by them, to provide proper healthcare to construction workers and education to their children.

Plea To State On NH-9 Expansion

Thursday, October 4th, 2007

Medak Collector B. Venkatesam will be seeking the State’s intervention in speeding up expansion work on NH-9 between Madinaguda in Rangareddy and Sangareddy cross roads.

Lanco Bags Vedic Varsity Contract

Thursday, October 4th, 2007

Lanco Infratech Limited—Construction Division bagged a Rs.73 crore work order for the construction of Sri Venkateshwara Vedic University at Alipiri in Tirupati. The project has to be completed within 24 months.

Combined Ticket Brings MMTS-2 Back On Track

Thursday, October 4th, 2007

South Central Railway is planning to take up the second phase of the MMTS project following the successful introduction of the combined ticket system with the RTC.

1% Cess On Construction Industry

Thursday, October 4th, 2007

The State government has decided to levy 1 per cent welfare cess on the construction industry from January 2008. The cess will be utilised to provide health insurance, social security and welfare schemes to construction workers in the unorganised sector.

Hyd Airport To Be Fully Operational By Feb ‘08: GMR Infra

Thursday, October 4th, 2007

Madhu Terdal, Executive VP-International Business Development, GMR Group said that they have received bids for 45 acres of Delhi Property.
Terdal added that they have completed more than 85% of the Hyderabad Project and the Hyderabad Airport will be fully operational by February 2008.

Ayyappa Construction Gets Vizag Project

Thursday, October 4th, 2007

Ayyappa Construction, Mumbai, has bagged the contract to develop the sewerage system in the central part of Visakha-patnam district, Andhra Pradesh, under JNNURM, by July 2009.

Convergys Setting Up New Facility In Hyd

Thursday, October 4th, 2007

Ohio-based Convergys Corporation, a $2.8-billion global integrated billing and customer care services company, is setting up a new facility in Hyderabad.

La Gardenia…Where Good Tastes Meet !!

Thursday, October 4th, 2007

“La Gardenia” apartments transpose the way you live by adding space, Excitement and Style to your Life!

Kamat, Sanman - Shut By GHMC

Thursday, October 4th, 2007

After a brief lull, the Greater Hyderabad Municipal Corporation (GHMC) on Wednesday resumed its sealing drive by closing down the Chandana Brothers showroom at Dilsukhnagar, Kamat Hotel at Abids, Sanman Hotel at Tarnaka, Adaab Hotel at Nampally and Pizza Corner in Banjara Hills.

Festival Discount Offers On Home Loans

Thursday, October 4th, 2007

Home loan players are offering festival discounts; whether this heralds a downward interest rate regime will emerge only in the days to come, says Padma Ramakrishnan.

Shamshabad To Get Modern Immigration Check Points

Thursday, October 4th, 2007

In the wake of a revised security set up in the state, the Union ministry of home affairs has approved the setting up of an exclusive stateof-the-art immigration department at the Shamshabad International Airport.

Hyderabad To Host Infocom-2007

Thursday, October 4th, 2007

Infocom-2007, one of the biggest annual IT and telecommunications exhibitions, will be held in the city this year, Mr D.D. Purkayastha, organising secretary of Infocom-2007, said on Friday.

Govt, Wakf Board Set For Battle

Thursday, October 4th, 2007

The state government has decided to put a tight leash on the Wakf Board before it goes to fight the Manikonda Jagir case in the High Court on October 4.

No Immigration Cell Yet At Shamshabad Airport

Thursday, October 4th, 2007

With less than six months to go for the first flight to take off from the Rajiv Gandhi International Airport at Shamshabad, nothing has been done to set up the all-important immigration cell in the airport. The file pertaining to the immigration cell with detail proposals was sent to the State government by Cyberabad police […]

MMTS-RTC Combined Ticket Set For Formal Launch

Thursday, October 4th, 2007

The much-awaited combined bus-rail ticket for seamless travel in the Multi Modal Transit System (MMTS) and APSRTC buses would be formally launched by Chief Secretary J. Harinarayan on Thursday.

Schneider Plans Big For India, Sets Up AP Facility

Thursday, October 4th, 2007

Schneider Electric, a French global major in medium to low voltage electric equipment manufacturing, has said a big part of industrial investments would come to India and the Asia Pacific region as they form strong growth centres for the company.