Archive for December 31st, 2007
New airports, bigger refineries and a smaller car
Monday, December 31st, 2007The new year promises to be a busy year with brand new airports in Hyderabad and Bangalore, the launch of the Rs 1-lakh-car, unlocking of the gas riches in the Krishna-Godavari basin, and Jamnagar housing the world’s biggest refinery complex.
10 things you can expect in 2008
Monday, December 31st, 2007As the New Year dawns, these 10 ambitious projects of the state government give people hope for a better year ahead. Digital meters: Autorickshaws will run with new digital meters from February 1. So far, digital meters have been installed in 20,000 autos in the city.
AP gets back Gurukul land
Monday, December 31st, 2007The Andhra Pradesh High Court on Monday upheld the Andhra Pradesh Tenancy Laws (amendment Act 28 of 2002) Act. This will enable the state government to retain the Gurukul Ghatkesar Trust land surrounding Hitec City, which it took over from encroachers.
CM wants expressway at express speed
Monday, December 31st, 2007Expressing unhappiness over slow progress of work on roads and overbridges which connect the city to the new Shamshabad international airport scheduled to be inaugurated on March 16, CM Y S Rajasekhara Reddy said tenders of contractors who delay the work beyond a point would be cancelled.
Pharma City on course?
Monday, December 31st, 2007Normally a project of this magnitude would have invited resistance from several quarters but surprisingly, the plan for the Pharma City project launched in 2004 has gone down well with opposition parties except for a murmur of protest over the blanket environmental clearance.
NRI remittances stay buoyant
Monday, December 31st, 2007Current account deficit at $5.5 b in September quarter; exports slow down
The private transfers, comprising primarily remittances from NRIs, nearly doubled at $10.08 billion for the July–September 2007 quarter, against $5.37 billion in the same period last year as per the Balance of Payment figures released by the Reserve Bank of India on Monday.
Radio Taxis Set To Storm Airports, Cities In South
Monday, December 31st, 2007As a part of its ambitious expansion, Carzonrent India Private Limited plans to tap the market in south Indian cities by launching its popular radio taxi services.
Selling A Luxury Home Isn’t About The Space, It Is About The Lifestyle
Monday, December 31st, 2007Dressed for the occasion, you face a group of equally polished people across the negotiating table. They grill you on your background, your career, your income and your prospects. Satisfied with your replies, they sit back and smile. You are in.
Farnborough style: India to fly with own airshow
Monday, December 31st, 2007India will soon enter the global airshow map with Hyderabad’s soon to be phased out Begumpet Airport all set to become the Indian Farnborough, where airshows would be regularly held.
SemIndia Focuses On Broadband Gear As Fab City Project Is Delayed
Monday, December 31st, 2007Hyderabad-based SemIndia Systems Pvt. Ltd, a unit of a company with plans to make semiconductor chips, intends to start making next generation wireless routers and other home computer networking equipment by the first quarter of 2008 and follow it up with high volume production of low-cost direct-to-home and other television set top boxes two months […]
Not Yet ‘Fab’ulous
Monday, December 31st, 2007The government’s fab policy, intended to encourage chip manufacturing in India, has not quite hit its target. While the government has received proposals worth $6.2 billion, none are for setting up chip manufacturing. In fact, SemIndia, which had announced plans to set up a $3-billion chip-making facility in Hyderabad, has not yet submitted its proposal. […]