News & Updates

PM lays foundation stone for NTPC-BHEL project at Mannavaram near Tirupathi.
Hyderabad 2 Sept 2010: Prime Minister Manmohan Singh on Wednesday laid the foundation stone for the much-awaited Rs 6,000 crore power plant manufacturing project at Mannavaram, near Tirupati . Once completed by the year 2014-15, the Bhel-NTPC joint v ..... Facebook India operaions soon in Raheja Mindspace SEZ in Hyderabad
HYDERABAD: Facebook will set up its office in the Raheja Mindspace special economic zone, though it will launch its incubator facility first in about a couple of months.

A State Government communique said that the Union Government accorded app ..... 3 IT firms to create 1,500 jobs in AP & Permission for 3 new industries in IT SEZ’s
Hyderabad, Aug. 11: Three IT companies are setting up their offices in the state. The Unit Approval Committee, which met here, has approved the proposals and accorded permission to the companies to set up their offices in different IT SEZs.

Ko ..... GHMC Core City Master Plan. Multiple land use allowed in core areas
With growing need for multi-pronged development in the erstwhile Municipal Corporation of Hyderabad (MCH) area, also known as core city, multiple land use has been introduced in the revised master plan for the city.

With the flexible land use ..... Realty Sector puts recession behind in Bangalore
Bangalore

A good indicator of an uptick in the economy is the increased demand for housing and commercial property. That Bangalore is back to humming is evident from the fact that after a long lull, property transactions have ..... Road projects to boost connectivity in Bangalore
Bangalore

A total of eight flyovers by the end of 2011 as part of the seamless Outer Ring Road (ORR) project will give a thrust to connectivity in a big way. And when the proposed Peripheral Ring Road (PRR) takes off, it will ..... World’s first hydrogen town
For Yosuke Ito, having a Toyota Prius on the driveway is not green enough. His house, as well as his car, is a hybrid. “I’m living the Hy-life,” he said.

The single-storey home he shares with his wife, Mitsuko, near Fukuoka, 965 km. west of To ..... Rajarhat to be first zero-energy town & Rajarhat on Centre’s township list
Kolkata

Rajarhat is set to become India’s first near-zero energy satellite town (ZEST). The US department of energy (DOE) and the renowned Brookhaven National Laboratory (BNL) have been working on the issue for long time. The ..... Kolkata real estate emerging as a gold mine & KMDA makes plans for city expansion
Now that it’s almost impossible to find living or office space within the city, Kolkata Metropolitan Development Authority (KMDA) is focussing on expanding the city by developing areas just beyond Kolkata’s present limits—peri-urban areas in KMDA par ..... Stamp duty on GPA registration in AP to be hiked to 5% the highest in any state in India
It’s the realty sector that is paying the price of the state governments desperate attempts at generating revenue, or so it seems. Despite the sector facing the worst drought ever, the state government has, over the past few months, levied innumerabl ..... Infotech to hire 2,000 staff this fiscal & Infotech starts operations from Vizag SEZ facility
Infotech Enterprises Limited, a Hyderabad-based technology solutions provider offering engineering and geographic information (GI) services, is looking at hiring 1,500-2,000 professionals by the end of the current financial year, backed by its growin ..... HC clears elevated expressway for city & Bangalore, London to share city governance
Bangalore

To develop Bangalore on the lines of London, a sister-city agreement could be signed between both the metros. A discussion on this will be held with Neeraj Patil, mayor of Lambeth in London, who is in Bangalore.
< ..... Expressway on Tumkur Road ready for Ride & PPP model for mono rail Phase I
Bangalore

The much-awaited stretch of Tumkur Road on NH-4 will be open to commuters finally. The Rs 720-crore elevated expressway and access-controlled corridor are likely to be thrown open to vehicular traffic by August-end.< ..... Office space back in demand


Delhi NCR

Prospects of the commercial real estate have started looking up along with the residential real estate market, as the economy gathers steam — it has shown a spectacular recovery from the downturn, when the GD ..... Health care city to come up near Hi-Tec City
HYDERABAD: A healthcare city with world class facilities will come up near Hi-Tec City.

US-based Alexandria Inc, will develop the healthcare city on five acres land with multispeciality hospitals, clinics and other allied medical facilities at ..... Centre asks SEZ developers to set up training facilities
To make special economic zones (SEZs) more inviting, the government has asked developers to set up skill development facilities, including hostels for those undergoing training.

Commerce department officials told Business Standard that the dev ..... Indian IT industry to create new biz models: Nasscom
As US President Barack Obama signed the Border Security Bill into a law, Nasscom, the apex body representing the Indian software industry, proposed to create alternative business models in which new jobs can be created in India, than in the US. The ..... States offer support to rural BPO centres
Setting up of rural BPOs is no longer being perceived as just corporate social responsibility. These are viable businesses.

Till a few months back, 20-year-old Srinivas Mangipudi slogged daily as a farm labourer in a remote village in Karnatak ..... Indian IT firms top Europe survey
Cognizant first, TCS third, Infosys fourth in Performance and Satisfaction study.

Indian information technology (IT) service providers Cognizant, TCS and Infosys have topped the latest ranking of service providers in Europe, in a survey done b ..... ITIR in Hyderabad. Central Govt to come up with final modalities soon
The ministry of communication and information technology will soon come out with the final modalities for IT Investment Regions (ITIR) proposed to be set up in Andhra Pradesh, Orissa and Karnataka, a top official said on Wednesday.

The plannin .....