Archive for January 15th, 2008
BSNL Lines Up Big-Bang IPO
Tuesday, January 15th, 2008State-owned telco BSNL on Monday said it plans to launch the country’s biggest IPO to raise about Rs 40,000 crore (over $10 billion).
“The company is valued at well over $100 billion. We are looking at offloading up to 10% stake, subject to government approval,” BSNL’s directorfinance SK Saxena told reporters. Asked about the development, […]
IDPL To Lease Out Core Block To Corporates
Tuesday, January 15th, 2008The ailing Indian Drugs and Pharmaceuticals Limited (IDPL) has decided to lease out its administrative building in Balanagar to private companies.
APIIC Set For Mother Of All Land Auctions
Tuesday, January 15th, 2008The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) is preparing ground for yet another major auction to generate the much-needed resources for the state government, which has gone on an overdraft for the first time this month after coming to power in 2004.
Consumer Forum Cracks Whip On Amulya Estate
Tuesday, January 15th, 2008In a judgment that sends warning signals to errant builders in the state, the AP state c o n s u m e r disputes redressal commission on Friday directed a builder - K Bhagawati, managing partner of M/s Amulya Estate, Hyderabad - to get the defects of three flats she sold in Anmol Residency […]
Work apace on Punjagutta, Greenlands flyovers
Tuesday, January 15th, 2008Photo Courtesy: The Hindu
Hectic activity: Construction work in progress at the Greenlands flyover on Monday. —
The Punjagutta and Greenlands flyovers are well on course to be completed in March.
Hyderabad steals march over Blore
Tuesday, January 15th, 2008What Bangalore does, Hyderabad seems to do one better.
After Bangalore International Airport Limited (BIAL) announced launching of its new airport on March 30, the GMR Hyderabad International Airport Limited said its first flight will take off on March 16. It has stolen a march over its tech-hub competitor.
GHMC fails to blacklist even a single faulty realtor
Tuesday, January 15th, 2008The Greater Hyderabad Municipal Corporation (GHMC) has not blacklisted a single builder over two decades though more than 50,000 unauthorised constructions have come up in the city during this period.
HPCL to build stadium in city
Tuesday, January 15th, 2008Union Minister for Petroleum and Natural Gas Murli Deora on Monday said Hindustan Petroleum Corporation Limited would build a stadium in the city as part of golden jubilee year celebrations of Visakh Refinery.
250-acre industrial park gets approval
Tuesday, January 15th, 2008The state government will develop an industrial park to promote precision engineering near Research Centre Imarat on the city outskirts. The facility is to come up on 250 acres of land to be developed by the AP Industrial Infrastructure Corporation.