Archive for July 10th, 2008
Reliance Retail To Launch Optical Chain Stores Under The Brand “Vision Express”
Thursday, July 10th, 2008Close on heels of the clearance of its proposal to invest in single brand front-end retail in India, the Netherlands-based Pearle Europe, is ready to soon unveil ““Vision Express””, a retail chain of eyewear and other optical products stores, under a joint venture with Reliance Retail – the Mukesh Ambani-led retail arm of Reliance Industries […]
India Emerging Hub For Patent Outsourcing
Thursday, July 10th, 2008India is no where close to countries like US, Japan and China, when it comes to filing patents. But it still does a significant bit in the IP space. A lot of it’s happening through patent service outsourcing in India. This means, a lot of background work for the numerous patents that are being filed […]
Kamla Dials Spins Off Watch Retail Venture
Thursday, July 10th, 2008Chandigarh-based Kamla Dials and Devices (KDDL) on Wednesday said it has hived off of its watch retailing venture into a separate entity, with plans to invest Rs 70 crore over the next three years for setting up additional stores.
Norms Relaxed For Filing BPS Applications
Thursday, July 10th, 2008Now, Building Penalisation Scheme (BPS) applications will be accepted with just 10 per cent penal fee instead of 50 per cent initial amount. Applicants who do not have some mandatory documents can also submit applications provided they furnish them later.
Real Estate Cash Crunch: Desperate For Funds
Thursday, July 10th, 2008Grappling with a major slowdown, the real estate sector is now looking for alternative funding meth ods to beat the cash crunch.
The soaring inflation on one side and the continuous rise of interest rates on the other side has led to a piquant situation. Private equity firms have also raised interest rates significantly because […]
Lakeside Footpath Under Repair Again
Thursday, July 10th, 2008The Buddha Purnima Project Authority is literally wasting Rs 25 lakh to beautify pavements on the lakeside of NTR Marg road. It had spent the same amount on repair and beautification of the same pavements in the last few years.
Apple 3G iPhone Mania Grips The World Again
Thursday, July 10th, 2008The new iPhone is expected to attract hordes of buyers when it goes on sale on Friday in more than 20 countries, helping Apple Inc handily beat its target to sell 10 million of them by the end of 2008.
IT Zones To Be Under Vigilant Eyes Of CCTVs
Thursday, July 10th, 2008The Cyberabad Security Council has decided to install closed circuit televisions (CCTV) at checkposts in Hi-Tec City and Gachibowli where most IT companies are located. The CCTVs will be in place in a week.
Growth Corridor On ORR Opens
Thursday, July 10th, 2008The government has finally opened the gates for “planned and regulated” development along the 162km Outer Ring Road by announcing a comprehensive master plan (CMP) for the corridor.
Punjagutta Flyover Finally Ready For Inauguration
Thursday, July 10th, 2008The showpiece flyover of Greater Hyderabad Municipal Corporation (GHMC) at Punjagutta is ready for inauguration. In all probability, Chief Minister Y.S. Rajasekhara Reddy will be throwing it open for traffic anytime after July 10.
Indian Railways Goes Hitech - Prepares Real-time Rail Traffic Control System
Thursday, July 10th, 2008Painful delays in reaching your destination, waiting for hours on end at the railway stations for trains to arrive with the announcement system blaring old information repeatedly, may soon become a thing of the past.
Wakf Lands Under Encroachment
Thursday, July 10th, 2008Over 80,000 acres of Wakf properties, including land, are under encroachment at various places in Andhra Pradesh. Ironically, even the State government has allegedly encroached some of them and is fighting cases claiming ownership along with several other private individuals in the Andhra Pradesh High Court.
Fab City To Turn Hub For Alternative Energy
Thursday, July 10th, 2008Fab City, conceived to be developed as the largest cluster of semi-conductor manufacturing units in the country, appears to be heading to become the largest hub for alternative energy given the current industry preference to set up more photovoltaic or solar cell units.
Law Of ‘No Smoking’ In Ashtray
Thursday, July 10th, 2008The law banning smoking in public places has literally gone up in smoke in the state. Habitual smokers light up in all the ‘public places’ mentioned in the act, but hardly anyone is hauled in.