Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.
The lack of clarity on who is next in line, when the time comes, as indeed it will one day some day, reflects poorly on the management of the world's largest political party. It scarcely need be said that a squabble between the contenders, Shah and Yogi, is exactly what the doctor ordered for the Opposition, notes Krishna Prasad.
'The approach today is, instead of giving loans to 100 MSMEs, let us give one loan to a big-ticket corporate.' 'And so many of these big fish deceived the banks and the banks are in the doldrums now with high NPAs.'
Is Chandrababu Naidu being in jail an opportunity? How will the TDP capitalise on it? Or will it implode with nothing more than a sigh?
The titular eighth Nizam of Hyderabad, Prince Mukarram Jah, says he wants a 'clean break' from a decades-old legal fight over funds lying in a United Kingdom bank account belonging to his ancestors, as he waived his right to a share in the estimated 4,00,000 pounds leftover after an English high court order from last year.
Pressure from the Soren clan is only one of the challenges Champai faces as he readies himself to helm the predominantly tribal state.
The net leasing of Grade-A commercial office space in India will stagnate this financial year at 32-34 million square feet, with global uncertainties brewing caution among key tenant categories, according to the latest Crisil Ratings report. Major seven cities in India - Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune - had Grade-A office space with an operational stock of around 705 million square feet as of March 2023. India's commercial office space is dominated by technology companies, with information technology (IT) and IT-enabled services (ITeS) companies occupying 42-45 per cent of the operational stock.
The pilot project for central bank digital currency (CBDC) in the retail segment went live on Thursday with the Reserve Bank of India (RBI) issuing Rs 1.71 crore to four participating banks based on their indents. The central bank has identified four banks for the first phase of the pilot - State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank - in four cities, Mumbai, New Delhi, Bengaluru and Bhubaneswar. The highest indent was received from one private sector bank.
A total of 74,44,260 voters will exercise their franchise using ballot papers to elect their representatives.
Banks should neither be timid nor adventurous while lending as the loans of today should not become NPAs of tomorrow, he said.
Alfred Abbalam, the second highest wicket-taker for the state team with 24 scalps last season, joined the ICL, Hyderabad Cricket Association sources said on Friday.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
Experts foresee possible scenarios: A BRS government with less majority, a BRS government with BJP and AIMIM support, or a Congress government.
Chief ministers and other senior leaders made last-minute appeals to voters for their support in Mokama and Gopalganj of Bihar, Adampur of Haryana, Manugoda of Telangana, Gola Gorakhnath of Uttar Pradesh and Dhamnagar of Odisha.
The RPF officer said a team of personnel of the force was accompanying the mortal remains to Sawai Madhopur and they will carry them to his native place from the railway station for the last rites.
Asked about him sticking with the Congress since he got the parliamentary polls ticket from Moradabad in 2009, he said loyalty is very important to him since the beginning.
The government has exhausted only 39 per cent of its fiscal deficit target in the first half of FY24.
The BJP and Congress are the top two beneficiaries of the electoral bonds, followed by the Trinamool Congress.
Seeking to create a global-sized bank, the Cabinet on Wednesday gave the go-ahead to the merger plan of SBI and its five associates, a step aimed at strengthening the banking sector through consolidation of public banks.
Even as RBI allowed banks to charge ATM transactions beyond five in metros, the lenders are yet to restrict the number of free withdrawals for their own customers at home ATMs.
While a total of 4,987 officers would be recruited for associate banks of SBI, as many as 206 officers would be hired for State Bank of India itself.
Rajnish Kumar was on Wednesday appointed the new chairman of the largest public sector bank, State Bank of India (SBI), replacing Arundhati Bhattacharya who completes her one-year extended term on Friday.
'They take each and every election with seriousness.' 'No other political party has that kind of cadre who is strongly aligned with the reason, motto and ideology of their party.'
'When you do some job for a few hours, you are hardly earning enough to survive.'
The home ministry asked the state governments and UT administrations to inform it about different aspects of the lockdown and whether there are necessities to give exemptions to some more categories of people and services from the restrictions, a home ministry official said.
This will pave the way for emergence of 24,000 new panchayat-level leaders in Telangana, he said.
'Article 370 laid down the edifice of the relationship between J-K and the Union of India.' 'If you look at the Article, what is there now is a provision which states that all provisions of the Constitution of India applies to J-K.' 'The veto that the state could exercise previously on most Union laws has ended.'
State Bank of Saurashtra first to merge with SBI
Although the BRS is projecting supreme confidence, who will be able to tap anti-incumbency -- the BJP or Sharmila plus the Congress -- remains to be seen.
Sporadic violence hit Hyderabad and other parts of Telangana region on Sunday, on the first day of the 48-hour bandh called by the Telangana Rashtriya Samiti, with protestors damaging bank ATMs, torching a hotel and indulging in vandalism to press for their demand for a separate state. Normal life came to a grinding halt as the day coincided with the anniversary of Babri mosque demolition, which is observed as 'Black Day' by various groups.
The all India strike would be observed by employees of State Bank of Patiala, State Bank of Travancore, State Bank of Mysore, State Bank of Hyderabad, State Bank of Indore and State Bank of Bikaner and Jaipur.
We do not expect any major price action at SBI counter as the swap ratio being largely neutral
It's going to be a four-day weekend for the officers of five associate banks of SBI - State Bank of Hyderabad, State Bank of Mysore, State Bank of Travancore, State Bank of Patiala and State Bank of Bikaner and Jaipur.
A user just needs to download any app floated by such fraudsters and apply for instant loans. These apps are mainly concentrated on Google Play considering the reach and popularity of Android systems.
"The four directors of the company, including Michael Ferreira, have been brought to Hyderabad from Mumbai on warrant," a senior police official attached to Central Crime Station, a wing of Hyderabad Police, said on Wednesday.
Google will build its largest campus outside the Unites States in Hyderabad.
Both private and state-owned banks have told the government that tax deduction at source (TDS) certificates issued to Satyam by them between 2001-02 and 2006-07 were genuine.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
According to a 2021 Redseer report, India's overseas education market is estimated to more than double to $80 billion by 2024.
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