User: subbu Topic: Land Issues
Category: SEZs by State :: Andhra Pradesh
Last updated: Jan 21 2018 22:30 IST RSS 2.0
 
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Andhra govt picks Adani Ports to develop Bhavanapadu Port 21.1.2018 General News
The Andhra Pradesh government has chosen lone bidder Adani Ports and SEZ Ltd as the developer of Bhavanapadu port project in Srikakulam district. The state Cabinet, which met here late last night, accepted the single bid of Adani Ports and SEZ Ltd for developing the greenfield non-major port at Bhavanapadu under public-private partnership mode, an official release said. "Nitin Gadkari, on behalf of the Ministry of Shipping he heads, had made an open offer to Chief Minister N Chandrababu Naidu in December 2015 to develop Bhavanapadu as a satellite port to Visakhapatnam Port, and extend 26 per cent share to the state government," a top official said. Adani has offered only 2.3 per cent revenue share for the first 30 years, the official said. The union minister also followed up the offer by speaking to the chief minister "at least five times" thereafter but the latter opted for a private developer, the official said. "What the union minister offered (26 per cent) was equity .
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Andhra Pradesh govt selects Adani Ports to develop Bhavanapadu Port 21.1.2018 Latest News
Hyderabad, 21 January: Andhra Pradesh government has finally approved lone bidder Adani Ports and SEZ Limited as the developer of Bhavanapadu Port project after negotiating for a higher revenue share with the company.Located in the north-coastal district of Srikakulam, the proposed port would serve the hinterlands of Odisha and Chattisgarh and nearby districts in AP. It would also help expand the company's footprint in South on the eastern sea coast.Adani Ports was the only company out of the three short-listed firms to submit the financial bid for the port project in 2016. Navayuga and Gangavaram Port Limited, the two home-grown port operators withdrew from the race mid way.The authorities went ahead and opened the sole financial bid of Adani Ports to complete the selection process. However, they felt 0.5 percent revenue share offered by the company was very low and initiated the negotiations for a revised revenue share formula before taking a final call on awarding the project."As .
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Adani Ports & Special Economic Zone consolidated net profit rises 17.30% in the December 2017 quarter 18.1.2018 General News
Sales rise 21.74% to Rs 2688.85 crore
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Adani Ports & Special Economic Zone consolidated net profit rises 19.51% in the December 2017 quarter 18.1.2018 General News
Sales rise 21.74% to Rs 2688.85 crore
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Fintech Valley selects eight startups for incubation 16.1.2018 Hindu: News
AP will emerge as blockchain capital soon, says IT Advisor
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Punjab CM bats for help desk for NRI investors 12.1.2018 General News
Punjab Chief Minister Amarinder Singh today directed officials to explore setting up a designated help desk to facilitate Indians settled abroad, especially those in Canada, who want to invest in the state. The directive to Secretary, Industries and Commerce and CEO Invest Punjab, Rakesh Verma, came during an interaction with members of the Indo-Canada Chamber of Commerce who called on the chief minister at his official residence here today, an official release said. Urging the delegation, comprising the Indian diaspora, to suggest ways to further strengthen business ties between the two countries, the chief minister suggested they explore investment opportunities in sectors of mutual interest, such as education, skill development, agro-based industry and information technology. He called upon the delegation to harness the positive industrial environment prevailing in the state and assured them of his government's complete support in this regard. Citing the government's .
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Haryana Minister orders action on SEZ land-use change 10.1.2018 General News
Haryana Minister Abhimanyu has directed officials to take expeditious action in the matter of conversion of SEZ land meant for information technology sector into commercial land against norms.
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Jaganmohan Reddy PMLA case: ED attaches assets worth Rs 1.2 billion 3.1.2018 News
Central probe agency's zonal office in Hyderabad issued a provisional order for attachment of these properties under PMLA
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Vizag emerging as a prominent IT hub in State 27.12.2017 Hindu: Visakhapatnam
The city attracting huge investments because of connectivity and infrastructure
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Shriram Properties to take over stressed TN real estate assets 16.12.2017 All News-IANS Stories
The Shriram Properties Ltd -- part of the Shriram Group -- is in the process of concluding a deal to take over couple of stressed real estate projects in Tamil Nadu, a top company official said here on Saturday.
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Dr Reddy's extends gain ; up 9% in one week 15.12.2017 Top Stories
The company on Monday, December 11, announced that it has received EIR from the US drug regulator for its facility in Bachupally, Hyderabad following the audit in April
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Dr Reddy's gains 6% on receiving EIR from USFDA for Hyderabad facility 12.12.2017 Business Standard: Markets & Investing
The stock rallied 6% to Rs 2,328 on BSE after the company announced that it has received EIR from the US drug regulator for its facility in Hyderabad following audit in April.
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Shilpa Medicare slips after USFDA issues 10 observations 6.12.2017 Market News
The stock slipped 6% to Rs 599 on the BSE in intra-day trade.
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Dr Reddy's Laboratories gets German regulator's nod for CAPA plan 30.11.2017 Business Standard: Companies & Industry
The German regulator will re-inspect the facility by the end of 2018
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Touch screen panel production plant to come up in Vizag 28.11.2017 Hindu: Home
Company identifies five acres in SEZ
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Workshop for startups 25.11.2017 Hindu: Visakhapatnam
A one day workshop on ‘Role of Intellectual Property Rights for Startups and Entrepreneurship’ is being organised by National Research Development Corporation (NRDC), an enterprise of DSIR, UnionMinis...
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Dr Reddy's gets USFDA EIR for Vizag plant; inspection not concluded yet 21.11.2017 Business Standard: Companies & Industry
In March this year, Dr Reddy's Laboratories had received observations from the US regulator for its Duvvada facility
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These are India's most expensive IT corridors 20.11.2017 Sify Finance
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IT union in Karnataka recognized, but companies say it will fizzle out 10.11.2017 All Companies Stories
For over a decade, India's IT industry has seen multiple attempts to mobilise workforce to form an active trade union. The efforts has finally yielded results. Karnataka has recognised Karnataka State IT/ITeS Employees Union (KITU) as a workers' body to fight for its rights at a time when the IT sector is facing its worst disruption in a decade. In 2005, the UNITES, a global trade union for IT workers affiliated to IBM, opened its Bengaluru office and looked to mobilise workers from the tech sector in India. However, the efforts did not take off as soon after the financial meltdown in the US that led to a recession, global firms started to offshore work to Indian companies and established their own captives. The result was a job boom in the IT services sector with exports of nearly $ 118 billion in fiscal 2017. The sector besides paying higher wages has been focusing on people welfare, building campuses and employing chief fun officers to engage employees. In the last two years, ...
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UK delegation expresses interest in collaboration with Andhra Pradesh 8.11.2017 New Kerala: Andhra Pradesh
UK delegation expresses interest in collaboration with Andhra Pradesh
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