Archive for November 26th, 2007
Real estate: It’s still a good story
Monday, November 26th, 2007If the street was disappointed with the September quarter numbers of real estate companies, it was willing to forgive and move on. No developer really turned in spectacular results but you wouldn’t guess that from the manner in which share prices have rallied.
Polycom Expands Investment in India With New Hyderabad Development Center and New Offices
Monday, November 26th, 2007Polycom, Inc. , the world’s leading provider of unified collaborative communications, today announced it has opened a new, state-of-the-art product and solutions development center in Hyderabad, India.
RIL to join Andhra`s public school initiative
Monday, November 26th, 2007Reliance Industries Limited (RIL) is joining the rural public school initiative of the Andhra Pradesh government. The state government had announced the programme, based on public-private participation, a couple of months ago.
Rs 831 crore for 16,521 sq metre office plot!
Monday, November 26th, 2007Prices in Mumbai’s commercial real estate, already sky high, have more than trebled in just two years with the Mumbai-based Wadhawan group bidding over Rs 5 lakh a square metre for a plot at the Bandra Kurla complex, the new suburban commercial area in central Mumbai.
PE player Sequoia invests Rs 100cr in GVK Bio
Monday, November 26th, 2007Global private equity player Sequoia Capital has invested Rs 100 crore in Hyderabad-based contract research organisation GVK Biosciences.
GHMC set to widen roads
Monday, November 26th, 2007The Greater Hyderabad Municipal Corporation has asked its planning and projects wing to complete widening of 11 major roads in Hyderabad by March 2008.
Huda’s new park approved
Monday, November 26th, 2007The Hyderabad Urban Development Authority (Huda) has resolved the land dispute over the construction of a prestigious park at Narayanaguda on the lines of Lumbini Park.
Business centres at airports
Monday, November 26th, 2007The State government is planning to set up airports-cum-business centres in towns. Since these towns will not get more than four flights per day, the government felt that setting up business centres alongside airports would be more profitable.
Illegal encroachments demolished
Monday, November 26th, 2007The Archaeology Department with the assistance of the Town Planning wing of Greater Hyderabad Municipal Corporation (GHMC) has removed illegal encroachments that have come up on the premises of famous Badshahi Ashurkhana.
Ousted families yet to get land
Monday, November 26th, 2007Sixty- five families whose properties were acquired for road expansion during Telugu Desam rule have not been able to get title deeds for alternative land so far.