Archive for June 14th, 2008
Desi Real Estate Projects With Videshi Touch
Saturday, June 14th, 2008Home buyers grappling with increasing prices have something to cheer about, as developers in partnership with overseas players are set to offer new experience and value with projects of international quality and features.
Energy and Resources Institute To Set Up Campus In Hyderabad
Saturday, June 14th, 2008The Energy and Resources Institute (TERI), headed by eminent environmental scientist R K Pachauri, would set up a campus in Hyderabad.
India’s No 1 Pharma Co ‘Ranbaxy’ Is Now Japanese
Saturday, June 14th, 2008At a time when Indian companies are on an acquisition spree abroad, this seems like a goal that’s been scored against the run of play. In a blockbuster deal worth up to $4.6 billion (about Rs 15,000 crore), Ranbaxy Laboratories, the country’s largest pharma company and till not very long ago the pride of India […]
Real Estate Sector Loses Steam
Saturday, June 14th, 2008The revision of interest rates on home loans is sure to put a dent on the booming real estate sector. Both public and private sector banks have decided to review its interest rates structure at its asset liability committee meeting scheduled in Mumbai on Friday.
Punjagutta Flyover To Open Soon
Saturday, June 14th, 2008Having thrown open the second part of the Greenlands flyover on Thursday, the GHMC is now aiming to get the main Punjagutta flyover too ready within a fortnight.
Multiplex-cum-bus Terminal Planned
Saturday, June 14th, 2008The APSRTC in a bid to commercially exploit its vacant lands, identified its old head office premises in Musheerabad to construct a multiplex cum RTC Bus Terminal.
How Much Will A Bank Lend You?
Saturday, June 14th, 2008Ashish Gupta explains how banks arrive at the home loan amount an applicant is eligible for. Credit appraisal is an important step in determining the eligibility of a home loan borrower for a loan.
Property Good For Long Term Investors
Saturday, June 14th, 2008As the stock markets turn volatile, property looms large as a sound long-term investment option, says Srikala Bhashyam.
Over the last few months, there have been interesting developments on the economy front, which have changed the outlook for different investment options. Equity markets, for instance, have turned more volatile than earlier, and gold has turned a […]
Exchange Your House!
Saturday, June 14th, 2008We’ve heard of exchange offers for TV sets and cars. But has anyone heard about an exchange offer from a construction company? Taking the scheme to a new level, Mansani Constructions has come out with an exchange offer for homes in its project, Krishna Enclave, at Karmanghat.
IT Exports From AP Up By 41pc
Saturday, June 14th, 2008IT exports from AP are up by a record 41 per cent. In FY 08, the exports were Rs 26,122 crore as against Rs.18,582 crore in FY 07. AP’s contribution to the total IT exports in the country is about 15 per cent in FY 08.
Builders Fear ‘Pro-Poor’ Order Is Unviable Building Block
Saturday, June 14th, 2008The state government’s decision to allot 25 per cent of space in layouts for economically weaker sections and lower and middle income groups has stirred up controversy.
RIL Gas To Cost $25 A Barrel
Saturday, June 14th, 2008India’s dependence on imported energy will come down by the end of this year as Reliance Industries starts producing natural gas from its KG-D6 block.
HUDA Plans E-auction For Land
Saturday, June 14th, 2008The Hyderabad Urban Development Authority (Huda) is calling for e-tenders to dispose off its lands through auctions. It is adopting this rather clandestine method to avoid demonstrations and threats from Telangana protagonists.
Kokapet Firms To Start Office Construction By August
Saturday, June 14th, 2008Ten major IT companies will start building their own offices at the Kokapet IT Special Economic Zone by August 15. The firms are Google, Patni, Cognizant, Cognizant, Sonata, DQ, Infinite, Tech Mahindra, Intelli Group and Cbay.
Inflation Soars To 7-year High
Saturday, June 14th, 2008Inflation soared close to its seven-year high at 8.75 per cent for the week ended May 31, mainly owing to the continuing spurt in the prices of food articles and vegetables. This has led to apprehensions that the cascading effect of the fuel price hike could well push it to double digits in weeks.
2,300 More Rural eSeva Centres In State
Saturday, June 14th, 2008As many as 2,300 Rajiv Citizen Centres (rural eSeva centres) will be established in the State by the Information Technology Department in the next three months. Chief Minister Y. S. Rajasekhara Reddy gave instructions to this effect to the department while reviewing the functioning of the IT promotion and e-governance in the State on Friday. […]
Bill To Implement Hyderabad Metro Rail Project Approved
Saturday, June 14th, 2008The Andhra Pradesh Cabinet has approved a bill to implement Rs 9,696 crore Hyderabad Metro Rail Project which is expected to be completed by 2011.
SPV Incorporated For Hyderabad Animation, Gaming City
Saturday, June 14th, 2008Preparations are on in full swing to set up an Animation and Gaming City. The government has incorporated a special purpose vehicle (SPV) - Hyderabad Digital Media City - for this.