Archive for October 25th, 2007
Six realtors get two-year RI
Thursday, October 25th, 2007The sixth Additional Chief Metropolitan Magistrate on Thursday sentenced six directors of Laxmipriya Real Estates Private Ltd to two years rigorous and one year simple imprisonment, which will run concurrently, for cheating their customers.
City airport to have 24×7 operation soon
Thursday, October 25th, 2007The night-landing facility which has already been installed in the Visakhapatnam airport will be operationalised soon and there would also be 24×7 operation of flights soon, said Commercial Taxes Minister Konathala Ramkrishna here on Thursday.
Preventing pollution the IDA Mallapur way
Thursday, October 25th, 2007Industry owners at IDA Mallapur have decided to build a boundary wall to prevent “outsiders” from dumping industrial waste. They have also posted security personnel for a round-the-clock vigil in an effort to turn the area into an eco-industrial park with the help of German technology.
Masab Tank-Punjagutta flyover to be model road
Thursday, October 25th, 2007The three kilometre stretch of road from Masab Tank crossroads to the Punjagutta flyover at the Nagarjuna Circle is to be converted into a model road now that most of it has been widened to 100 ft.
IMAX proposed at Amaravathi Township
Thursday, October 25th, 2007Dangling a carrot in front of potential buyers of flats at the proposed Amaravathi Township at Mangalagiri, Arihant Indo African Infra Developers and Builders Private Limited.
CM: No land to IT firms for now
Thursday, October 25th, 2007Chief Minister Y.S. Rajasekhar Reddy has asked officials to stop allotting land to information technology companies until new guidelines are drawn up.
Infrastructure to be developed for 49 SEZs
Thursday, October 25th, 2007The Government will allocate Rs.750 crore over the next five years to develop infrastructure in 39 of the 54 special economic zones (SEZs) with which the AP Industrial Infrastructure Corporation (APIIC) is to be associated with.
Zensar sets up innovation centres in Poland, Hyderabad
Thursday, October 25th, 2007IT solutions provider Zensar Technologies announced the setting up of two innovation centres here today with one based in Hyderabad and the second in the Polish city of Gdansk and shortly plans to network five such centres globally.
Hyderabad metro shortlist
Thursday, October 25th, 2007THE provincial government of Andhra Pradesh is expected to call tenders shortly to build a three-line metro in Hyderabad.
GHMC to adopt new laws to fight stray dogs
Thursday, October 25th, 2007The GHMC on Thursday informed the AP High Court that it would bring in a law to control the problem of stray dogs and ensure payment of compensation and medical expenditure to dogbite victims within four months.
Gitanjali Close To Buying Another US Gem For $100 mn
Thursday, October 25th, 2007Gitanjali Gems is betting big on the US retail market. After taking over Samuels Jewellers in December 2006, the firm is now close to acquiring another leading jewellery retailer for around $100 million. Sources close to the deal said the due diligence process is almost complete, and the company is going ahead with the transaction. […]
Suven To Partner US Varsity In HIV Cure R&D
Thursday, October 25th, 2007Hyderabad-based Suven Life Sciences has entered into a collaboration with University of Minnesota in the US for developing new therapies to treat infection by the life-threatening human immunodeficiency virus type 1 (HIV-1).
Travel Firm Launches Online Bus Ticket Booking
Thursday, October 25th, 2007Buying a bus ticket will no more require standing in a line as Dhanunjaya tours and travels, a city-based travel company, launched an online booking system in Hyderabad on Wednesday.
Satyam Acquires UK`s Nitor For $5.5 Million
Thursday, October 25th, 2007Satyam Computer Services, the global consulting and IT services company, entered into a definitive agreement to acquire 100% stake in Nitor Global Solutions (NITOR) of the UK, a consulting firm providing infrastructure management services (IMS), for up to GBP 2.76 million (USD 5.5 million) in cash.
AppLabs 45th Fastest Growing Tech Firm In US
Thursday, October 25th, 2007AppLabs, a global information technology services company specialising in quality management, testing and certification solutions, has been ranked 45th in Deloitte’s 2007 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies based in North America.
MAK Group To Launch New Brand Of Hotels
Thursday, October 25th, 2007MAK Hotels & Resorts, Hyderabad has announced the launch of a new brand of hotels called Blue Lotus. The brand will operate in budget, business, boutique and luxury segments.