Wipro is contemplating vast expansion in Andhra Pradesh with proposed investment of Rs 950 crore (Rs 9.5 billion) that could generate employment for nearly 29,000 people.
"In view of the ongoing CBI inquiry into the issue, we have declined to accept the money. We are more interested in seeing that Volkswagen sets up its car plant here," Reddy told reporters.
The South Korea based Intellect Inc on Monday signed a memorandum of understanding with Andhra Pradesh government to set up India's first silicon chip manufacturing facility on the city outskirts with an investment of $600 million.
Billed as the biggest development centre outside America, the global IT giant Microsoft inaugurated a new campus in Hyderabad.
The Andhra Pradesh government would take a decision on setting up three more IT parks in the city in the next two months.
Fidel Castro meets Vice President Hamid Ansari for an unprecedented meeting. Nikhil Lakshman reports from Havana.
Dr Madanmohan Reddy, an orthopaedic surgeon attached to the hospital, said the blood clot could be removed with medicines and the legislator need not undergo any surgery.
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