Infotech is targeting firms that have the right set of skills and nearness to customers in the US, besides looking at companies that will help increase its competency in terms of delivery in China, Romania, India and Russia in the areas of geographic information systems and engineering within the design space.
Last week, the 20-hectare zone had got embroiled in a controversy amid reports that the state government was taking back the land. This was after allegations that the land was allotted in an unfair manner. But Chief Minister Rajasekhara Reddy said the government would not cancel the allocation as the company was "sound."
ISB is in the process of framing guidelines on the proposed initiative. It will also approach companies for supporting the students. There is also a proposal to provide grants to the entrepreneurs. However, this is still in nascent stages.
HEC will be developed by the Ras Al Khaimah Investment Authority of UAE in association with APIIC. The government gave the land to APIIC at Rs 16 lakh (Rs 1.6 million) per acre, AP's information and public relations minister said after a cabinet meeting. The investing agency had sought 2,000 acres for the HEC. The remaining land would be given in due course, an APIIC official said.
Meeting agenda to go beyond buyback.
"There are 4.55 million broadband-connected SME PCs, of which 13 per cent are expected to be the hosted exchange opportunity. Email is expected on every fourth phone to be sold in India in the next four years. Enterprise customers now want to access email, calendar, attachments and more wherever they are, on choice of their device --a big opportunity for telcos, Internet service providers and systems integrators," said Dayakar Puskoor, executive chairman, GlobalOutlook.
The Annual Tax Survey by Right Horizons, an investment advisory and wealth management firm, shows that financial planning among salaried individuals is by and large conspicuous by its absence.
About 81 per cent of employees in India have confidence in their organisations, reveals a recent research conducted by the Kenexa Research Institute (KRI).
Spencer's Retail, the retail arm of RPG Group, says it has seen a 30-40 per cent decline in the rentals in Tier-II and -III cities. In Tier-I and metropolitan cities, the correction is in the range of 15-20 per cent, and a further correction and its impact is likely to come in the next few months.
The centre will have a computer room with 20 PCs with Internet capability, a music room comprising instruments like drums, tabla, guitar, sitar, harmonium and synthesiser, and a library room with books and CDs ranging from academic, entertainment and general knowledge.
About 64 per cent of the total outbound Indian tourists had sightseeing on the agenda; others travelled to explore new places, seek a change from daily routine, destress and visit family and friends, the report stated. Nature, safety and hygiene are among the important factors considered when selecting a travel destination. Singapore emerged as the most common travel destination for Indians (24 per cent) in the next 12 months, followed by Dubai, Australia, and Malaysia.
The nuclear energy business in India would be in the order of $100 billion (about Rs 4 lakh crore) in about 10 years after the deal comes through. A few companies dealing in clean energy have been making enquiries with the commerce department about the possible trade opportunities and the scope of nuclear business, he said.
Infosys Technologies Limited, the Bangalore-based consulting, IT services and business process management company, is leveraging its human resource (HR) development strategies to bring new business into its fold, said company's chief executive officer and managing director S Gopalakrishnan (Kris).
The bypolls to four Lok Sabha and 18 Assembly seats are slated for May 29. Barring two assembly seats, the vacancies in the remaining Lok Sabha and Assembly constituencies were caused by the en masse resignation of TRS MPs and MLAs led by KCR. Jeevan Reddy decided to quit the minister's post following the Congress high command's decision to field him in the Karimnagar bypoll.
Gangster Aziz Reddy alias Baba Reddy was shot dead by the Hyderabad police in the posh Jubilee hills area of the city on Wednesday night. As the policemen closed in on the gang, Reddy and his associates tried to flee. The police asked them to surrender, but Reddy started firing at the police. The police returned the fire and Reddy was killed in the ensuing shootout.The police commissioner said that Reddy was a close associate of Mumbai's underworld don Chhota Rajan.
The Communist Party of India-Marxist has decided to support the Telugu Desam Party in the Assembly byelections in Andhra Pradesh, except in the four constituencies being contested by the Left parties. The party however said this alliance would stand only for the bye-polls and did not extend to general elections to the Assembly and Lok Sabha.
The Election Commission has shifted Rangareddy District Collector Praveen Prakash from his post, in view of his poor track record during elections. The Election commission had ordered the removal of Prakash as the collector and district magistrate of Visakhapatnam during the assembly by-election in the Vizag-I constituency in 2006. He had earned the wrath of the EC for replacing the Returning Officer without obtaining its permission.
Naidu set out on the yatra in a specially built campaign bus from Matammagudi (local temple) in a Dalit colony in Rayalapuram village in his native Chittoor district, after seeking divine blessings of Lord Venkateswara at the famed Tirumala-Tirupati Devasthanam. With the next Assembly elections barely a year away, Naidu is undertaking the marathon yatra to dethrone the Congress regime led by Dr Y S Rajasekhar Reddy. Naidu's yatra will enter Nalgonda district from Guntur.
Telugu Desam Party president and former Andhra Pradesh chief minister N Chandrababu Naidu turned 58 on Sunday. Naidu said that the TDP, under his stewardship, aimed at ushering the third generation economic reforms for the benefit of the poorer sections. He lamented that the reforms undertaken so far had only benefited some states and the rich sections of society.The TDP leader said that he visited NTR's samadhi to seek his blessings for embarking on a 100-day rath yatra.
The Left parties and Telugu Desam Party jointly staged a protest at Indira Park in Hyderabad on Thursday in protest against the failure of Andhra Pradesh and Central governments in controlling the abnormal hike in the prices of essential commodities. The parties vowed to take up 'serious agitation' in future if the governments failed to act swiftly to control the price rise.
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