Archive for October 29th, 2007
GHMC bleeds to buy land for roads
Monday, October 29th, 2007With land prices sky-rocketing in the city, land acquisition is proving to be a costly affair for Greater Hyderabad Municipal Corporation (GHMC). The corporation recently had to shell out Rs 23,689 per square yard to acquire a property on Sardar Patel Road. It paid over Rs 80 lakh to owner of a hospital.
Canada to open trade office in Hyderabad
Monday, October 29th, 2007Canada will open its trade office in the city within six months, Canadian High Commissioner to India David Malone announced here on Monday.
Work on petro complex to begin next year
Monday, October 29th, 2007Close on the heels of allotment of site by the AP Industrial Infrastructure Corporation, Hindustan Petroleum Corporation Limited is poised to launch work on a greenfield refinery and petrochemical complex between Rambilli and Atchutapuram next year.
Hindujas eye majority in AP refinery
Monday, October 29th, 2007London-based Hinduja Group today said that it would be interested in holding a majority stake in its proposed joint venture for a petroleum refining project with state-owned Oil and Natural Gas Corporation in Kakinada in Andhra Pradesh.
20 more outlets sealed
Monday, October 29th, 2007After a lull, Greater Hyderabad Municipal Corporation (GHMC) on Monday resumed its sealing drive against commercial establishments which do not have adequate parking facility.
SEZ for export of marine, aqua products at Masula
Monday, October 29th, 2007A Special Economic Zone (SEZ) at Machilipatnam for export of marine and aquaculture products is being planned in association with the Marine Products Export Development Authority (MPEDA), Minister for Animal Husbandry, Dairy and Fisheries Mandali Buddha Prasad said on Monday.
GTC Industries to jointly develop mall in Hyderabad
Monday, October 29th, 2007Sanjay Dalmia-promoted GTC Industries has tied up with a property developer for developing a mall-cum-multiplex in Hyderabad.
Autogas LPG stations in AP
Monday, October 29th, 2007Aegis Logistics Ltd, a logistics solutions provider and marketer of bulk LPG, is planning to set up 70 autogas LPG outlets in Andhra Pradesh through a franchisee route.
Permissions For New Buildings In Two Weeks
Monday, October 29th, 2007Building permissions to high-rise buildings will be accorded within two weeks. The Greater Hyderabad Municipal Corporation (GHMC) is set to simplify procedures and use a special software for scrutiny of building plans from December, 2007, if all goes well.
Defence Housing Society Lands In The Soup
Monday, October 29th, 2007The Vigilance and Enforcement wing has unearthed several irregularities in the allotment of plots in the Defence Cooperative Housing Society (DCHS) at Sainikpuri.
Project Big Delay: Multi-crore Projects Limping
Monday, October 29th, 2007An airport in Silchar (Assam), a bridge in Orissa, a port in Gujarat, a highway in Karnataka — what do these Central government projects have in common? It’s a dubious distinction they all share. All of them are government projects and all of them are running well behind schedule.
Lodha Group Plans IPO, To Dilute 10% Stake
Monday, October 29th, 2007Lodha Group, a Mumbai-based realty player, is mulling an initial public offer (IPO) to sell 10 per cent stake for raising funds, a top company official said.
Zensar Sets Up Innovation Centres In Hyderabad
Monday, October 29th, 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.
A Big Push To Greenfield Airports
Monday, October 29th, 2007The Centre has released a draft policy laying down ground rules for State governments, private investors and the Airports Authority of India (AAI) for the development of greenfield airports. Andhra Pradesh and Karnataka are already experimenting with two such ventures for their State capitals. While Hyderabad’s new airport should be ready by March 2008, the […]