Archive for October 31st, 2007
IT exports set to cross 25,000 crore
Wednesday, October 31st, 2007Fears of slowdown in the industry due to appreciation of Indian rupee have not deterred the Information Technology sector which is gearing itself to achieve the ambitious task of increasing the State’s contribution to national IT exports to 25 per cent.
Betting big on SEZs as job creators
Wednesday, October 31st, 2007The Andhra Pradesh Government is betting big on the establishment of special economic zones (SEZs) across the State both in terms of boosting the economy and importantly for job creation.
Biotech, Pharma Set For Big Leap
Wednesday, October 31st, 2007Hyderabad, which has become synonymous with the growth of information technology industry in the recent past, is now emerging as a hub of discovery research in biotech and pharma industry as well.
Chowmahalla set to regain grandeur
Wednesday, October 31st, 2007Breathtaking and awe-inspiring. That about forms a word picture of the famed Chowmahalla palace. But the renovated palace is even more enticing.
Â
Photo Courtesy: The Hindu
Marching ahead
Wednesday, October 31st, 2007Andhra Pradesh recently got a shot in the arm from a report by the Reserve Bank of India (RBI), which ranked it second among the States in the country with total investment intentions for the year 2006-07.
Motor showroom razed, land reclaimed
Wednesday, October 31st, 2007After a two-decade protracted legal battle, the Hyderabad district administration on Wednesday demolished Mahalakshmi Motors showroom in Bowenpally and reclaimed two acres of government land.
Goldstone buys 51% stake in 4G Informatics
Wednesday, October 31st, 2007Hyderabad-based software solutions and IPTV provider Goldstone Technologies has acquired 51% stake in 4G Informatics for an undisclosed amount.
GHMC elections likely next year
Wednesday, October 31st, 2007Elections to the Greater Hyderabad Municipal Corporation (GHMC) are likely to be held next year after completion of delimitation of wards and notification of reservation of seats, State Election Commission Secretary G. M. Ramesh Kumar said on Tuesday.
Lower Tank Bund road renamed
Wednesday, October 31st, 2007The GHMC has renamed the lower Tank Bund road as Bharat Sevashram Marg in recognition of the services rendered by Bharat Sevashram Sangh to the poor people. The organisation has a temple and guesthouse located on the road, a press release said.
SOURCES:
The Hindu
Tata’s Realty Arm Ties Up With Jafza
Wednesday, October 31st, 2007Tata Realty and Infrastructure Limited (TRIL) has signed a 50:50 joint venture agreement with Dubai based Jafza international to develop around 25 logistics parks across India at an investment of about of Rs 10,000 crores. This was stated by TRIL managing director and CEO Dinesh Chandiok while addressing the media in Mumbai on Tuesday.
Capital Inflow Worries RBI
Wednesday, October 31st, 2007The Reserve Bank of India said that the key future challenge for the monetary policy is “liquidity management” and the “rapid escalation in asset prices, particularly equity and real estate.”
SP Road Widening Delayed Further
Wednesday, October 31st, 2007Though Greater Hyderabad Municipal Corporation has the approval of Heritage Conservation Committee on acquiring land attached to private heritage structures on Sardar Patel Road, for road widening, the owners are refusing to part with the land.
Sensex Touches Record 20K, Market Still Looks Attractive
Wednesday, October 31st, 2007India’s main share index, the Sensex, tops 20,000 points for the first time as foreign investors buy into one of the world’s fastest growing economies.