Archive for October 6th, 2007
Kokapet to get another IT SEZ
Saturday, October 6th, 2007Another IT special economic zone with 40 per cent residential area will come up at Kokapet in 275 acres of land.
Already an exclusive SEZ for IT and IT-enabled service firms in 119 acres of land is getting ready at Kokapet by November this year.
Real-estate pre-launches come under Ministry scrutiny
Saturday, October 6th, 2007Sale of a flat or land before its proper launch is termed as pre-launch. Certain states like Haryana have banned pre-launch offers.
The Ministry of Corporate Affairs is keeping a close watch on the pre-launch announcements made by real-estate developers after it received investor complaints on the issue.
‘Vizag hot destination for IT cos’
Saturday, October 6th, 2007‘‘Visakhapatnam has become a hot destination for several IT giants who are moving to tier-II and III cities to reduce their production and infrastructure costs’’ is what all the speakers at a seminar, ‘Information Technology - Advantage Vizag’, organised by Confederation of Indian Industries, opined on Friday.
VUDA lands for sale from October 8
Saturday, October 6th, 2007An open auction of vacant plots and odd bits available in various layouts of Visakhapatnam Urban Development Authority (VUDA) in Greater Visakhapatnam Municipal Corporation limits and at Vizianagaram, will be conducted at VUDA Children’s Theatre on October 8, 9 and 10.
Realtors fail to pay Rs 200 crores
Saturday, October 6th, 2007Realtors and others who have constructed buildings on agriculture lands and created unauthorised layouts without paying conversion charges have bled the State exchequer to the tune of Rs 200 crores alone of the total tax evasion detected by vigilance and enforcement department of Rs 439 crore in the past five months.
Uproar over bad roads
Saturday, October 6th, 2007Callers at the Face-to-Face allege harassment
Lack of co-ordination between various Government departments in laying roads in the twin cities and subsequent digging, and the alleged harassment by a municipal official came in for sharp criticism at the monthly Face-to-Face programme held at Greater Hyderabad Municipal Corporation (GHMC) office on Saturday.
State To Develop ‘Temple Corridor’
Saturday, October 6th, 2007Minister for Tourism, Anam Ramanarayana Reddy said that the State would get an assistance of Rs. 50 crore for developing ‘Temple Corridor’ with Tirupati as the hub.
LIC To File It’s Maiden Health Insurance Plan
Saturday, October 6th, 2007Life Insurance Corporation of India (LIC) will lodge its first long-term health insurance plan with the insurance regulator(IRDA) this month, said Mr D.D. Singh, Executive Director (Health), LIC. The product will have elements of a unit-linked insurance plan and a hospital cash policy.
GVK BIO Inaugurates Its New Research Center At Nacharam
Saturday, October 6th, 2007GVK Biosciences, India’s premier contract research organisation, inaugurated the GVK BIO Wyeth chemistry centre for the US-based Wyeth Pharmaceuticals, one of the largest drug manufacturing companies in the world.