Real estate prices in Hyderabad have fallen by 20-30 per cent, while those in Visakhapatnam have risen in the same range. The real estate sector in Andhra Pradesh is stabilising. The Telangana agitation over the last one year has seen real estate prices dipping in Hyderabad and soaring in coastal Andhra. Gradually, prices in both areas have settled.
Government officials said the company was likely to invest about Rs 2,000 crore during the first phase of the project. In all, it could be Rs 7,000-10,000 crore.
A three-member committee, comprising two officials from the Director of Factories and one pharma expert, will probe the gas leak at a production unit of Dr Reddy's Laboratories (DRL). The Director of Factories will appoint a pharma domain expert soon.
GMR Hyderabad International Airport Limited (GHIAL) is unlikely to post profit in the near future even after the proposed hike in the user development fee (UDF) from Rs 340 to Rs 420 for domestic passengers and from Rs 907 to Rs 1,656 for international passengers, effective November 1.
Pearls from China are taking some of the shine off Hyderabad's pearl trade
Daily wage labour who make safety pins are the newest casualty of Chinese imports.
The placement season has been extended for the batch till June as part of its rolling placement system to give more time for companies and students to find the right match.
Building houses and sending children abroad for higher studies is becoming common.
For instance, Rajiv Swagruha Corporation Limited, the affordable-housing wing of the state government, has an exclusive project for senior citizens at Bandlaguda on the city outskirts.
The Indian School of Business, ranked in the top 12 global B-schools by the Financial Times, has increased its tuition fee to Rs 15.3 lakh per annum -- Rs 80,000 more than Rs 14.5 lakh it charged last year. The non-refundable fee remained at Rs 2 lakh.
It may creep in via Bangladesh and Philippines, according to A R Reddy, co-chair of Genetic Engineering Approval (now Appraisal) Committee that approved the vegetable for commercial use.
As many as 30 students of Hyderabad-based Indian School of Business (ISB), seem to be bitten by the entrepreneurial bug and are likely to skip the ongoing placement drive. Most of them are eyeing opportunities in areas like travel, education and use of clean technologies.
According to a source privy to the development, entertainment and leisure conglomerate Country Club, which has 30,000 members in Hyderabad, has cancelled its 'members-only' New Year's Eve bash.
With the political crisis over the Centre's announcement of creating a separate Telangana state casting its effect on the state capital, two business process outsourcing (BPO) companies have moved their employees to nearby hotels, even as other information technology (IT) companies have beefed security.
Satyam Computer Services Ltd founder, B Ramalinga Raju, his brothers and their spouses have acquired 1,065 properties with a registered value of Rs 350 crore (Rs 3.50 billion). These include 109 properties in coastal Andhra, 11 in Karnataka, 40 in Nagpur, 29 in Chennai and 876 in Hyderabad and the surrounding Rangareddy district, according to sources tracking developments in the Central Bureau of Investigation probe of the Satyam case.
Satyam Computer Services founder B Ramalinga Raju had made trips to the Indian School of Business in Hyderabad, to Visakhapatnam and even the United States, to convince the independent directors on the his board for acquisition of Maytas Infra and Maytas Properties, the two companies promoted by his family members.
By contrast, the fraud enabled Raju's kin and aides to make hundreds of crores, charges CBI.
Top officials of the Central Bureau of Investigation are in Mauritius as part of the investigation into the multi-crore Satyam scam, which its founder B Ramalinga Raju confessed to in January.
Now the film, the maiden venture of Ram Mohan, a management graduate-turned-movie producer, has become an entrepreneurship case study for the Indian School of Business.
The company had approached banks with a CDR request for about Rs 1,700 crore. However, according to company sources, the banks felt that Maytas must shed the flab, which includes dilution of stake in the Bangalore elevated tollway to raise funds before the CDR is granted. It has also been reportedly told that it should disengage from various projects which it cannot take forward.