APIIC
The ED has charged Koneru Rajendra Prasad, ex-director of Emaar Hills Townships Private Ltd (EHTPL), N Sunil Reddy, ex-director of Southend Project and Foundations and N Sunil Reddy, ex-director of Southend Project and Foundations based on the CBI charge sheet and attached properties worth 96.01 crore and all bank accounts. Land Mafia has taken a [...] Continue Reading »
Andhra Pradesh Chief Minister N Chandrababu Naidu will inaugurate the IT incubation centre at Rushikonda here on September 29 and on the same day a major seminar on IT development will also be held, according to State HRD Minister G. Srinivasa Rao. He said here on Wednesday that an IT start-up centre would also be [...] Continue Reading »
My Home Group, a local builder of Andhra Pradesh is all set to buy a 30-acre land parcel in Hyderabad’s Raidurg area for a whopping Rs 550 crore. DLF, India’s largest real estate developer, is the current owner of this land parcel and they are selling it to use the money to reduce their debt [...] Continue Reading »
Investments are pouring in Visakhapatnam reason being it is in the race to be the capital of Andhra Pradesh. APIIC has received many applications, with majority of them being pharmaceutical companies, which signifies that it has emerged as one of the most potential business destinations. In Visakhapatnam as per AP Industrial Infrastructure Corporation (APIIC),in just [...] Continue Reading »
Wipro Technologies, an IT giant, is planning to set up a special economic zone (SEZ) software development facility in Visakhapatnam. It is planned to be a seven-storied 1,000 employees facility. Currently, the company has a seven acre campus that is located on NH-16 opposite the Tech Mahindra facility at Satyam Junction. It houses 300 employees [...] Continue Reading »
Emaar-MGF builder will not resume the construction work of the Boulder Hill project. The project is still under the legal procedure with Andhra Pradesh Industrial Infrastructure Corporation ( APIIC). The builder announced it against a case filed by customers of the Gachibowli project under Boulder Hill. In reply the Emaar-MGF group officials says that there [...] Continue Reading »
Talks are going on for the unutilized land allotted by Government to big industries and organisations in Hyderabad. The Government’s main concern is that the organisations not utilizing the land provided to them in a correct manner or left unattended. Out of 4885 acres of land allotted to different genre of industries which are lying [...] Continue Reading »
