Archive for February 7th, 2008
Hyderabad Airport: Puja tomorrow, trial flight on Tuesday
Thursday, February 7th, 2008The Samshabad airport will be ready for trial runs on February 12, a full month before its formal inauguration by the UPA chairperson, Mrs Sonia Gandhi. The GMR Group, which executed the Rs 2,478-crore Rajiv Gandhi International Airport project, will perform a puja on Saturday to propitiate the gods ahead of the trial runs and […]
Airport, ORR spur mega projects
Thursday, February 7th, 2008
Despite a slowdown in the real estate market and the renewed debate on Telangana, the outskirts of Hyderabad are abuzz with activity. Developers are confidently going ahead with several IT and mega residential projects, pinning hopes on many growth factors, including the new international airport which will commence operations from March 16.
Mukesh Ambani plans big for real estate; goes headhunting
Thursday, February 7th, 2008The Mukesh Ambani-led Reliance group is planning a splash in the real estate business, for which it has initiated a process of recruiting large number of professionals to work on its captive as well as independent business projects.
Real upset for HUDA ‘Empire’
Thursday, February 7th, 2008Discouraged by the poor response to its auction of land christened, The Empire, in December last, the Hyderabad Urban Development Authority (HUDA) has reduced the upset price to Rs 10 crore from Rs 12 crore per acre for a part of the venture that is yet to be auctioned.
State gets I-T shock on sale of property
Thursday, February 7th, 2008Urban development authorities in the state have been asked by the income tax department to pay around Rs 1,200 crore as capital gains tax on land sale proceeds. The income tax department has served notices in this regard on agencies in Hyderabad, Visakhapatnam, Vijayawada, Guntur, Warangal and Tirupati.
Stem cells research centre for Hyderabad
Thursday, February 7th, 2008A Rs 150-crore Stem Cells Research and Therapy Centre will come up in Hyderabad, to harness the big potential offered by stem cells in finding cures to major diseases.
The Vice-President, Mr Mohammed Hamid Ansari, would lay the foundation for the proposed facilities that are to come up on a 5-acre land on the outskirts of […]
Rockwell Collins to open centre in Hyderabad
Thursday, February 7th, 2008Rockwell Collins, leader in the design and support of aviation electronics will set up its design and development centre in Hyderabad hiring the local talent. The centre to be located in Madhapur will start its operations from October this year.