Hyderabad, June 23 (IANS) Telangana Industries Minister K.T. Rama Rao on Thursday invited Foxconn to invest in the state. The minister met visiting Foxconn Chairman Young Liu in New Delhi, and they discussed Foxconn’s plans of expanding its footprint in India. KTR, as the minister is popularly known, also took the opportunity to pitch Telangana…
Hyderabad, May 25 (IANS) Railway rolling stock manufacturing in Telangana is set to get a major boost with Swiss firm Stadler Rail on Wednesday announcing a manufacturing unit in joint venture with a local player. The joint venture between Stadler and Medha Servo Drives Pvt. Ltd will invest over Rs 1,000 crore over a period…
Hyderabad, May 22 (IANS) Opposition Congress and BJP in Telangana have demanded that the state government cut the Value Added Tax (VAT) on petrol and diesel to provide relief to people following the Centre’s move to cut excise duty. All India Congress Committee (AICC) spokesperson Dasoju Sravan claimed that relentless struggle by the Congress party…
Hyderabad, May 19 (IANS) The Telangana government has increased the liquor prices by 20 to 25 per cent to mop up revenues. Prices of all brands of liquor were hiked and this is expected to help the government generate additional revenues of Rs 6,000 crore to Rs 7,000 crore annually. The state had earned Rs…
Chennai, April 26 (IANS) In line with the Telangana High Court’s order but with delay, the Insurance Regulatory and Development Authority of India (IRDAI) has promoted S.N. Jayasimhan as the Chief General Manager (CGM). As per the IRDAI order, Jayasimhan has been promoted to the grade of CGM with effect from 25.4.2022 in deference to…
Hyderabad, April 12 (IANS) The governments of Telangana and Thailand have agreed to explore trade and investment in key sectors and for development of SMEs and startups through the business incubator and innovation ecosystem. The Department of Industries & Commerce, Government of Telangana and the Ministry of Commerce, Royal Thai Government have entered into a…
Hyderabad, April 5 (IANS) Wipro will continue to invest in Telangana as the state government here is progressive, Founder-Chairman of Wipro Group, Azim Premji, said on Tuesday. “Wipro will continue to invest here because we find the state government to be very progressive,” he said at the inauguration of a manufacturing facility of Wipro Consumer…
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