Companies
Telangana Government Chief Secretary Rajeev Sharma on Monday met Central Government representatives and apprised them of the progress the L&T Metro Rail Hyderabad project has made so far. Accompanied by BV Papa Rao, Advisor to Telangana Government, the CS met with Union Cabinet Secretary and Principal Secretary to the Prime Minister and briefed them about [...] Continue Reading »
Enthused by the promise made by chief minister N Chandrababu Naidu of an investor-friendly regime in AP, technology titan Wipro is expanding its Vizag campus. The company has sought the nod from the Union commerce ministry for setting up a new SEZ in AP. As per company filings with the commerce ministry, Wipro holds 1.22 [...] Continue Reading »
Indian IT giant Wipro has a good name in the world of Information Technology and its innovative products are liked by many customers in the US. In order to increase the top line of the company, they have launched a new application. Opus Capital Markets Consultants, a wholly owned US subsidiary of Wipro has launched [...] Continue Reading »
The Rebutting concerns that have been raised by the environmentalists on the approval of the $16.5 billion coal and rail project of India’s Adani Mining in Queensland about its impact on the Great Barrier Reef were exaggerated as stated by the Australian environment minister Greg Hunt last day. As the media reports here, Hunt has [...] Continue Reading »
IT bigwig Wipro has revealed in a Sunday statement that, in the next five-year period, the company will hire 7,000 people for its SEZ (special economic zone) facility at Visakhapatnam. Other than the proposed hiring for the Vizag SEC, Wipro also plans to expand its operations to Vijayawada, Kakinada and Tirupati; and also in Telangana [...] Continue Reading »
Godrej Properties in association with LabourNet has launched a program at the Anandam project in Nagpur to impart vocational training to improve the skill sets of the construction labourers. This vocational training aims at improving their skill sets and helps them to learn the tricks of the trade in a more systematic and technical way. Gayathri [...] Continue Reading »
Global deal tracking firm Mergermarket has revealed in a recently-released report that, in the first six months of 2014, Mergers and acquisitions (M&As) in India witnessed a substantial increase to USD 17.1 billion; thereby marking a year-on-year jump of more than 47 percent. According to the figures shared in the Mergermarket report, the January-March 2014 [...] Continue Reading »
The L&T Hyderabad Metro rail project is likely to suffer delays, escalation of costs, and change in terms of concession agreement; with Telangana Chief Minister K Chandrasekhar Rao having suggested that the alignment of the project should be tweaked in congested business hubs and at a busy road near the heritage structures. The officials from [...] Continue Reading »
According to an ICRA study, in 2013-14 while the number of downgrades exceeded upgrades for the third consecutive year, with 602 downgrades and 559 upgrades, overall, 3.3 per cent companies moved to the default category as against 4.5 per cent in 2012-13. ICRA said ,“During the last fiscal while both the number and severity of [...] Continue Reading »
Bangalore- Varthur located in East Bangalore, is becoming a hot residential real estate destination for buyers owing to its proximity to major IT hubs of the city. Proximity to ITPL, Whitefield, Outer Ring Road (ORR), Sarjapur Road and being in the vicinity of several IT companies have opened the area to residential development. The area [...] Continue Reading »
