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Tag Archives: Andhra

Lok Sabha passes Bill for Central Universities in Andhra Pradesh

The Lok Saba has passed the Central Universities (Amendment) Bill,2019 by voice vote.  The Bill seeks to establish two new universities- the Central University and the Central Tribal University in  Andhra Pradesh.  Replying to a debate on the bill, Human Resource Development Minister Ramesh Pokhriyal Nishank said,  the Universities will be set up with a cost of  1700 crore rupees in four ... Read More »

Andhra Bank to raise Rs 2,000 crore equity capital in FY20

Andhra Bank has received approval to raise the equity capital amounting to Rs 2,000 crore (including premium) by way of Qualified Institutional Placement (QIP) / Follow-on Public Offer (FPO) / Sale of non-core assets / Preferential Allotment / any other approved means during FY 2019-20. The Board of Directors of the Bank at its meeting held on June 24, 2019 ... Read More »

Karnataka Bank opens 840th branch in Andhra Pradesh

Karnataka Bank has opened 840th Branch at Nidadavolu, in state of Andhra Pradesh on May 29, 2019. Earlier, the bank had opened 839th at Nadugodu – Kateel in Karnataka. Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior ... Read More »

Karnataka Bank gains on opening 840th branch in Andhra Pradesh

Karnataka Bank is currently trading at Rs. 113.95, up by 0.45 points or 0.40% from its previous closing of Rs. 113.50 on the BSE. The scrip opened at Rs. 114.40 and has touched a high and low of Rs. 114.40 and Rs. 112.80 respectively. So far 34326 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

Jagan Reddy to take oath as Andhra Chief Minister on 30th May

In Andhra Pradesh, YSR Congress Chief YS Jagan Mohan Reddy will take oath as new Chief Minister of the state on May 30 in Vijayawada. Along with the party leaders, Jagan Reddy met Governor ESL Narasimhan,  in Hyderabad yesterday and handed over the copy of resolution electing him unanimously the leader of the legislature party. Later, Jagan Mohan Reddy met ... Read More »

Andhra Bank slips on reporting net loss of Rs 1234 crore in Q4

Andhra Bank is currently trading at Rs. 23.95, down by 0.45 points or 1.84% from its previous closing of Rs. 24.40 on the BSE. The scrip opened at Rs. 24.40 and has touched a high and low of Rs. 24.40 and Rs. 23.40 respectively. So far 20758 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

Cyclone Fani to hit Tamil Nadu and Andhra Pradesh on April 30

The Cyclone Fani, formed in south-east Bay of Bengal and adjoining Indian Ocean, is set to intensify into a severe cyclonic storm. It is expected to further intensify into a very severe cyclonic storm by Monday. It is currently moving in a north-west direction. It has been travelling at a speed of 15 kilometres per hour in the last six ... Read More »

Cyclone Fani to hit Tamil Nadu and Andhra Pradesh

The Cyclone Fani, formed in south-east Bay of Bengal and adjoining Indian Ocean, is set to intensify into a severe cyclonic storm by this afternoon. It is expected to further intensify into a very severe cyclonic storm by Monday. It is currently moving in a north-west direction. The latest weather bulletin issued by Indian Meteorology Department says it was found ... Read More »

Assembly polls in Andhra, Arunachal & Sikkim completed

Voting concludes for Andhra Pradesh, Arunachal Pradesh and Sikkim first phase voting concludes for Odisha state assembly voting concludes for 28 assembly seats in Odisha Voting for 4 state assemblies took place simultaneously with polling for 91 Lok Sabha constituencies. Voter enthusiasm was palpable in Andhra Pradesh, Sikkim, Arunachal Pradesh and Odisha. Polling took place on all 175 assembly seats ... Read More »

PM Modi kick starts election campaign in Odisha, Telangana and Andhra

Prime Minister Narendra Modi began his election campaign for Eastern India from Jeypore town in Odisha’s Koraput district on Friday. Addressing an election rally in Koraput, the Prime Minister urged people to vote for the New India. Attacking opposition, PM Modi said the people have to decide whether they want a government which strikes terrorist havens or a government which ... Read More »

PM to inaugurate several projects in TN, Karnataka and Andhra Pradesh today

Prime minister Modi’s first destination is Guntur where he will dedicate to the nation 1.33 MMT Visakhapatnam Strategic Petroleum Reserve facility of Indian Strategic Petroleum Reserve Limited. He will also lay the foundation stone for setting up a new terminal of Bharat Petroleum Corp. Ltd at Krishnapatnam. These projects will give major push to the gas-based industrial units in Andhra ... Read More »

Laurus Labs gets EIR from USFDA for unit 6 in Andhra Pradesh

Laurus Labs has received an Establishment Inspection Report (EIR) from US Food and Drug Administration (USFDA) for its Unit 6 on February 2, 2019. The manufacturing unit 6 was inspected by the regulatory agency in the month of November 2018 and is located at APSEZ, Atchutapuram, Visakhapatnam in the state of Andhra Pradesh. Laurus Labs is a leading research and ... Read More »

KNR Construction’s arms get financial closure for projects in Andhra Pradesh, Tamil Nadu

KNR Construction’s two wholly owned subsidiary companies — KNR Tirumala Infra and KNR Chidambaram Infra have received the financial closure letter from the National Highways Authority of India. KNR Tirumala Infra has received financial closure for 6 laning of Chitter to Mallavaram section of NH-140 from under Bhartmala Pariyojana in the state of Andhra Pradesh and KNR Chidambaram Infra has ... Read More »

Raminfo wins order under Telemedicine Project in Andhra Pradesh for Zone I

Raminfo in consortium with two other qualifying partners has won an order from Department of Health, Medical & Family Welfare, Govt. of Andhra Pradesh for Standardization of Telemedicine facility at Sub-Centers in various districts of Andhra Pradesh, to be implemented in zone- I of the state. The project turnover is estimated to be around Rs 400 crore in phase I ... Read More »

Lemon Tree Hotels signs license agreement for property in Andhra Pradesh

Lemon Tree Hotels has signed a License Agreement for a 50 room resort property located at Dindi, East Godavari Dist., Andhra Pradesh under the company’s brand ‘Lemon Tree Premier’. The Hotel is expected to be operational by March, 2021. Carnation Hotels, the hotel management arm of the company will be operating and marketing this hotel. Lemon Tree Hotels is India’s ... Read More »

Adani Group inks MoU with Govt of Andhra Pradesh to build Data Center Parks

Adani Group has signed a Memorandum of Understanding (MoU) with Government of Andhra Pradesh to build Data Center Parks up to 5 GW capacities in and around Visakhapatnam over the next 20 years. This ambitious project would be a first-of-its-kind 100% renewable energy powered project in the world. The Government along with the integrated infrastructure conglomerate Adani Group will develop ... Read More »

Dilip Buildcon’s arm gets financial closure for project in Andhra Pradesh

Dilip Buildcon’s wholly owned subsidiary — DBL Anandapuram Anakapalli Highways has received the financial closure from the National Highways Authority of India (NHAI) for the project Six laning of Anandapuram – Pendurthi – Anakapalli section of NH-5 (new NH-16) from Km.681.000 (Existing Km. 681.000) to Km.731.780 (Existing Km.742.400 (Design Length = 50.780 km) in the State of Andhra Pradesh under ... Read More »

M&M’s TUV300 added to Andhra Pradesh Police fleet

Mahindra & Mahindra’s (M&M) TUV300 SUVs has joined the vehicle fleet of Police department of Andhra Pradesh. The police department of Andhra Pradesh has taken delivery of a fresh batch of Mahindra TUV300 SUVs. The government has added 242 TUV300’s to the fleet and these vehicles will be used for patrolling. These newest additions to the patrolling police vehicle fleet ... Read More »

Chemfab Alkalis commissions PVC-O project in Andhra Pradesh

Chemfab Alkalis has successfully commissioned PVC-O project, at its manufacturing facility at Sricity – Tada, Andhra Pradesh, on December 22, 2018 for manufacturing and selling of PVC – O pipes & fittings. Chemfab Alkalis is the first Chloralkali Plant in India, to introduce and successfully implement Ion Exchange Membrane Cell technology for Chlor-alkali production, in 1985. Read More »