Archive for October 23rd, 2007
IIT status lures NRIs to Osmania
Tuesday, October 23rd, 2007Enviable track record of Engineering College products adds to the charm
Nearly 70 NRI students are pursuing engineering
Instruction quality, personal attention attracting students
New bus depot for Musheerabad
Tuesday, October 23rd, 2007Construction of the long-pending Musheerabad-II bus depot will commence by November. With the initiation of the new depot, maintenance of buses will further improve and dearth of parking space for APSRTC buses in twin cities will come down to a large extent, claim corporation authorities.
State to implement 90 land panel recommendations
Tuesday, October 23rd, 2007The Cabinet, at its meeting here on Tuesday, decided to go ahead with the implementation of 90 out of the 104 recommendations made by the Koneru Ranga Rao Committee on land issues.
Begumpet airport issue: Employees’ union turns to MPs for support
Tuesday, October 23rd, 2007The present airport is ideally located, offering excelling domestic connectivity. For people going to small destinations like Vijayawada, Visakhapatnam and Tirupati, it is convenient.
Bulk drug unit to come up in Vizag
Tuesday, October 23rd, 2007Divi’s Laboratories Ltd is setting up a bulk drug unit at Chippada village, Visakhapatnam district, Andhra Pradesh. The proposed unit will have the facility to manufacture 48 different products.
Metro to be connected to major stations
Tuesday, October 23rd, 2007The proposed metro rail stations will have connectivity with major railway stations at Secunderabad, Nampally and Begumpet as well as MMTS stations at Bharatnagar, Begumpet, Khairatabad, Malakpet and Falaknuma.
HC breather for Ramoji Film City
Tuesday, October 23rd, 2007Justice V Eshwariah of the Andhra Pradesh High Court on Tuesday suspended 10 individual notices given to Usha Kiron Movies and others for the closure of nearly 27 structures of the Ramoji Film City.
CM favours 10 pc lands in IT SEZs to SMEs
Tuesday, October 23rd, 2007Chief Minister YS Rajasekhara Reddy today favoured the proposal to allot at least 10 percent lands in the Special Economic Zones (SEZs) being established in and around Hyderabad for Small and Medium Enterprises in information technology (IT) sector with 10 percent subsidy in the land cost.
2 new IT cities to come up in State
Tuesday, October 23rd, 2007The State government has decided to create two new information technology cities in Mahbubnagar and Ranga Reddy district besides earmarking 10 per cent of the space for the IT sector in SEZs.
Banjara 1 to be made model road
Tuesday, October 23rd, 2007The city traffic police has recommended that the road from Masab Tank flyover to Punjagutta flyover via Road No. 1 of Banjara Hills be converted into a model road for smooth flow of traffic.
MAS gets 750 acres
Tuesday, October 23rd, 2007Sri Lanka-based MAS Holdings Private Limited, the largest manufacturers of lingerie, foundation garments and leisure wear in Asia, has been allotted 750 acres by the State government to set up a Rs 1,200-crore integrated apparel park in Chintavaram village of Nellore district.
IBS to up count, upgrade campuses
Tuesday, October 23rd, 2007Icfai Business School (IBS), a relative newcomer in the Indian management school scene, is charting out a major expansion-plan involving construction of new campuses and upgrading existing ones, where each campus plans to invest between Rs 25-50 crore in the coming years to compete with other institutes in offering world class infrastructure.
Zenotech plans to invest over Rs 90 crore in R&D
Tuesday, October 23rd, 2007Hyderabad-based generic biopharmaceutical company Zenotech Laboratories is set to invest over Rs 90 crore to strengthen its R&D pipeline.
Tax Deduction At Source(TDS) On Rent Payments
Tuesday, October 23rd, 2007Rent means any payment, under a lease, sublease, tenancy or any other agreement or arrangement. It can be through any name. The amount should be paid for the use of any land or building (including factory), together with furniture, fittings and the land appurtenant to it. It is not necessary that the building should be […]
GMR HIAL plans international aviation academy
Tuesday, October 23rd, 2007GMR Infrastructure Ltd has informed the BSE that GMR Hyderabad International Airport Ltd (GMR HIAL), a subsidiary of the company, has signed an MoU with Sabena Flight Academy of Belgium for setting up an international aviation academy.
SCB Road Widening To Affect 300 Properties
Tuesday, October 23rd, 2007Over 300 properties, including schools, apartment complexes, temples, business establishments and function halls in the Secunderabad Cantonment area are likely to be affected due to the proposed road widening exercise.
AP Govt Goes Hitech, Online Tracking System To Address Grievances
Tuesday, October 23rd, 2007Get ting answers from the State government will be easy from now on. Those who have approached the Chief Minister and ministers or even the district collectors about their grievances will soon have the information they seek at their fingertips.
Work On Musi Stagnant, Slow Pace Of Work
Tuesday, October 23rd, 2007Though two years had passed by since the state government had cleared the Musi development project, the department of municipal administration and urban development along with Huda and other related agencies is dragging its feet on the Musi beautification project.
HP Wins Andhra Bank Core Banking Deal
Tuesday, October 23rd, 2007Andhra bank has given the contract for implementing a comprehensive core banking solution (CBS) to HP India. The bank will also outsource the entire IT infrastructure and managed services to the multinational for an undisclosed value.
Ishaan Strikes Rs 1,082 Crore Deal With K Raheja
Tuesday, October 23rd, 2007Ishaan Real Estate, the first India-focused real estate fund listed in the Alternative Investment Market (AIM) in London, has acquired 40% stake each in eight real estate projects promoted by K Raheja Corp, for Rs 1,082 crore (£133 million). The properties in which the fund has invested include three IT parks, two Inorbit shopping malls […]
Food Bazaar Ties Up With Choupal Fresh
Tuesday, October 23rd, 2007Hyderabad is in for more retail action. The Future Group’s Food Bazaar has tied up with ITC Choupal Fresh to sell fruits and vegetables in the twin cities. It plans to replicate the model in the other cities if the experiment is successful, said Food Bazaar CEO Sadashiv.
Buying a house? Beware of builders’ tricks
Tuesday, October 23rd, 2007Everybody wants a piece of real estate. The sector has been growing at 25-30 per cent a year since 2003, fired primarily by low interest on housing loans and the rising affluence of homebuyers. Those who had bought stocks of real estate companies, whose valuations have gone through the roof, are a happy lot.
Suspension bridge planned across Musi
Tuesday, October 23rd, 2007YSR expresses displeasure over slow pace of the execution of the Musi Revitalisation project
A suspension bridge will be constructed across river Musi opposite the Salar Jung Museum on a build-operate-transfer (BOT) basis, as part of the Musi Revitalisation Project.
Vizag Pharma City nears completion
Tuesday, October 23rd, 2007The infrastructure at the Jawaharlal Nehru Pharma City, country’s first pharma industrial estate, which is being developed by the Ramky group near Visakhapatnam, is almost ready.
VUDA land auction to attract big companies
Tuesday, October 23rd, 2007Notwithstanding stiff opposition to sale of government lands, the VUDA has issued a fresh notification for auctioning of several plots, including a single one of 98.64 acres, on November 1.
HMR awaits Planning Commission’s nod
Tuesday, October 23rd, 2007Hyderabad Metro Rail (HMR) is awaiting Planning Commission’s nod to finalise the Model Concession Agreement (MCA) to allow it to call for financial bids from the five consortia in fray for the prestigious mass rapid transport system project.
VUDA auction postponed
Tuesday, October 23rd, 2007Auction of VUDA’s odd bits and plots, which was scheduled for October 23 and 24 at the VUDA Children’s Theatre has been postponed.
Greens’ caution on international airport
Tuesday, October 23rd, 2007With the inauguration of phase I of the Hyderabad International Airport (HIA) at Shamshabad slated for March 16, environmentalists have appealed to the authorities to proceed with utmost caution while looking at the environmental compliance.
Renigunta airport to be upgraded
Tuesday, October 23rd, 2007Local MP Dr Chinta Mohan indicated plans to develop Tirupati (Renigunta) airport as an international airport for the benefit of passengers as also to enhance export potential.
Greenlands Flyover To Open Soon
Tuesday, October 23rd, 2007Photo Courtesy: Deccan
Buoyed by the response to the partial opening of the Punjagutta flyover, the Greater Hyderabad Municipal Corporation (GHMC) is making arrangements to open a part of the Greenlands flyover within a week.