It will now take at least two more years to get a clarity on the priorities and policies of the leadership of the new state of Telangana.
The company on Wednesday said P V Ramprasad Reddy would resign as executive chairman, while Nithyananda would also step down from his post.
ABCL owns the TV9 media house, which runs satellite television channels in several regional languages, including Telugu. iLabs is promoted by Raju.
Gold production in India has dwindled in recent times.
Adani Group had sought 10,000 acres in the first phase and 40,000 acres in the second phase.
Punjab is opposing Centre's area-based tax exemption policy while the underdeveloped states are lauding it as a "well deserved" package.
While some have to go through the grind, others taste success in their brief stint.
Dr Reddy's Laboratories Limited aims to increase the R&D spend on its three major research programmes, including the reverse cholesterol transport area, in a bid to come out with pathbreaking molecules in the next 7-10 years.
The ability of Indian pharmaceutical companies to command higher margins in international markets is helping sustain business.
The two companies are into products and services, including real-time charging, billing, pre-paid products and managed services catering to the wireless telecom space.
The increasing preference for Mercedes Benz models by Indian customers may see the company roll out more models in the near future.
Overwhelmed by personal as well as the company's big ambitions, he began aggressive pursuit of business goals set by the management.
Growing confidence in the domestic cement market is expected to encourage multinational players in acquiring Indian companies during the next year, according to industry analysts.