Global business and technology outsourcing services major Genpact is planning to expand its presence in the state. The company is working on a plan to set up an IT/ITeS special economic zone (SEZ). The techno-campus is expected to cost about Rs 121 crore and employ about 5,000 professionals. According to a government statement, the SEZ […]
Genpact to set up 50-acre SEZ at Jawahar Nagar
Kokapet SEZ -125 Acre Land allotted-Google, Patni, Sonata, Intelligroup, Conexant, C-Bay, Cognizant, Qualcomm, DQ Entertainment, Infinite and Tech Mahindra
India’s first special economic zone (SEZ) exclusively for IT and ITeS firms will be ready by November at Kokapet. leven firms have shown interest to set up their offices in the SEZ, being developed by the Hyderabad Urban Development Authority (Huda), on 125 acres. Approximate investment, including land cost for the SEZ, will be to […]
Hyderabad has become Greater from 16th April!
Citizens of Hyderabad, you have woken up this Tuesday to not only a new morning but to a new reality. You are now the residents of the second largest city in the country, next only to the national capital, New Delhi.
This has happened with the state government merging - through Government Order 261 issued on […]
Infosys Campus may Shift to New Location. Govt. to take Decision within 10 days.
THE Andhra Pradesh government is busy finding an alternate location for the proposed Infosys campus in the city. According to a senior government official, the matter is expected to be sorted-out soon as the government is thinking of shifting some other project to accommodate the big-ticket Infosys campus. “The issue will be sorted out in […]
Infosys May Drop Plans for its Second Development Center in Hyderabad
Hyderabad: IT bellwether Infosys’s may have faced no problem in compiling its annual results which it declared on Friday, but its plan to establish a 550-acre campus in Hyderabad has run into rough weather. The plan was touted by the AP government as a major success of its efforts to build Hyderabad as a major […]
IIT in Kandi, Medak, 15KM from ORR
A three-member committee has recommended Kandi village in Medak district as the ideal location for the Indian Institute of Technology. The site is 50 km from Begumpet airport, 15 km from Phase II of the Outer Ring Road and 12 km from Shankarpally railway station. It is 8 km from Sangareddy on National Highway 9 […]
Govt lifts freeze on SEZs, 83 SEZs cleared for NOTIFICATION
The Government today lifted the freeze on special economic zones (SEZs) while simultaneously tightening rules by prescribing a ceiling on the size at 5,000 hectares for multi-product SEZs and increasing the processing area from 35 per cent to 50 per cent for both multi-product and sector-specific zones.
The Empowered Group of Ministers on SEZs, headed by […]
Center to talk to Intel again
NEW DELHI/HYDERABAD: With the semiconductor policy finally getting notified, the Union minister for Information Technology, Dayanidhi Maran, has said he will revive talks to get Intel to consider India once again for a manufacturing facility.
The lack of a semiconductor policy in India had forced the world’s biggest chipmaker to shift consider Vietnam instead some time […]
Videocon to setup 350 Crore IT Park in Hyderabad
Videocon, one of the leading players in the consumer electronics and home appliances segment, is planning to make forays into semiconductor segment. To begin with, Videocon would invest close to Rs 1,000 crore on setting up a semiconductor facility in the country. The company is working on a plan to rope in a technology partner […]
ORR to be ready in 2 yrs
The 162-km long outer ring road (ORR) which is the orbital linkage to the city’s arterial roads, will be completed by December 2009.
A sum of Rs 5,550 crore has been earmarked for the project. Of this, Huda will pay Rs 1,250 crore as compensation and the rest for construction.
In the first phase, works are in […]