Page 6 - Telangana

As Foxconn looks to up India play, 3 South states roll out red carpet

The firm is reportedly looking beyond smartphones and considering segments like ICT, EVs

Telangana holding talks with WB for loans with low interest rates: CM Reddy

In a veiled attack on the previous BRS regime, Telangana Chief Minister A Revanth Reddy on Thursday said his government would not make the mistake of borrowing funds with higher interest rates and impose a heavy burden on people, even as he highlighted his vision to develop Telangana as the 'future state'. In his Independence Day address after hoisting the National Flag at the historic Golconda Fort here, the CM said the government is already making efforts to restructure the state debts and he met with the World Bank President during his recent visit to the US in this regard. "I am delighted to announce that talks with the World bank representatives were cordial over extending financial assistance with low interest rate for state development. My government will not commit the mistakes of borrowing funds with higher interest rates and putting a heavy burden on people," he said. "The total state debt at the time of formation of Telangana was Rs 75,577 crore and it has increased to Rs

ACB conducts checks in Telangana govt hostels, observes irregularities

The Anti-Corruption Bureau (ACB) of Telangana on Tuesday conducted surprise checks in 10 government hostels across the state and noticed "several irregularities" in the hostels during the searches. The ACB teams were assisted by the legal metrology inspector, sanitary inspector, food inspector and auditor to check the quality and quantity of the food, sanitation conditions, strength of the students and records of the hostels, an ACB release said here. "During the searches, several irregularities were noticed in the hostels. The student numbers were inflated. No proper hygiene was maintained in the kitchens, store rooms, wash rooms and toilets. Proper drinking water was not being supplied," it said. There was no sufficient lighting and ventilation in the rooms and the food menu was not being maintained, the ACB said. The students were supposed to be given egg and milk every day but they were never given these food items, according to the ACB. The ACB said there are 18 types ...

Telangana CM secures over Rs 31,500 cr plans in US tour, leaves for S Korea

The pharma/life sciences sector saw fresh investments from nearly dozen American companies

If T'gana govt doesn't honour commitments, we may go elsewhere: Amara Raja

Expressing concern over the financial health of the Congress government in Telangana, Jayadev Galla, Chairman of Amara Raja Energy & Mobility on Saturday said if it does not honour the commitments made by the previous BRS regime, then they may have to look elsewhere for its plant's capacity expansion. Galla's comments came at a time when Chief Minister A Revanth Reddy and his team are touring the US trying to hardsell Telangana as an investment destination. Earlier in the day, Amara Raja Group held a groundbreaking ceremony for their Customer Qualification Plant for cell manufacturing and also inaugurated Phase 1 of the battery pack plant of 1.5 GWh in Mahabubnagar district. The battery maker had signed a MoU with the previous BRS government for investing 9,500 crore, over a period of 10 years, for setting up research and development and a Greenfield manufacturing facility for Lithium-Ion battery-making in Telangana, which has an ultimate capacity up to 16 GWh and a Battery Pack ..

Amazon India sets up 4 hubs to deliver relief material in less than 24 hrs

E-commerce giant Amazon India on Friday said it has set up four hubs, including a temporary hub in West Bengal, to deliver urgent relief material in less than 24 hours, as part of its disaster management strategy. Located at Thane (Maharashtra), Faridabad (Haryana), Hyderabad (Telangana) and Purba Bardhaman in West Bengal, these disaster relief mitigating facilities will enable the company to swiftly mobilize resources and support communities affected by natural disasters like floods, cyclones, cold waves, among others, Amazon India said. The locations of these hubs -- West, North, South and East of India -- have been strategically identified keeping network optimization in mind and developed by a team of experts at Amazon transportation services, it said. The move comes in response to floods in several parts of the country due to heavy rainfall this year, the company said. "Our disaster relief efforts are guided by our extensive logistic network, warehousing expertise and our ...

Telangana is a 'Future State', says CM Reddy in US and seeks investments

Stating Telangana as 'The Future State", Chief Minister A Revanth Reddy, who is currently visiting the US, made a strong pitch for investments in the state. Addressing the CEOs of Tech Unicorns at an AI business roundtable hosted by the Indian Consulate General in California, the chief minister said Telangana would be "The Future State", given its current set of game-changing projects like the AI city, Net Zero Future City, and the massive reimagining of Hyderabad. "In America, every state has a motto. I have been so far to New York, New Jersey, Washington DC, Texas, and now we are here in California. New York State motto - Out of many, one. Texas is known as Lone Star state. California has a motto, Eureka. "In India we don't have motto for a state. But I will now like to give my state - Telangana - a motto. My state, Telangana, can be called - The Future State," an official release on Friday quoted him as saying in his address to the gathering. "I invite you to Telangana. I invi

WB, Telangana govt discuss partnerships in skill development, Net Zero

World Bank backing would give a massive boost to several of the key visions of Chief Minister Revanth Reddy

Flying drone without permit: Case registered against BRS leader KT Rama Rao

BRS working president KT Rama Rao allegedly flew a drone without permission to capture images of damage to Medigadda barrage, part of the Kaleshwaram Lift Irrigation Project

Telangana IT exports clock 11% growth rate to Rs 2.68 trn in FY24

Telangana's total exports in the Information Technology sector reached Rs 2,68,233 crore during the last financial year, reflecting an 11.2 per cent increase from the previous year. This growth rate significantly outpaces the national average growth of 3.3 per cent. An official release from the state government said the sector now supports over 9.46 lakh professionals with a net addition of over 40,000 jobs in FY24, representing a 4.5 per cent increase in employment, it said. Telangana is one of the fastest-growing states in the nation and wants to keep up this momentum by concentrating on high-value, cutting-edge technologies such as artificial intelligence (AI), semiconductor design, cybersecurity, and data science, it said. The state's strategic focus includes expanding its footprint of Global Capability Centres (GCCs), Centres of Excellence (CoEs), and Global Business Support Centres (GBSCs). With over 200 top GCCs already operating in Hyderabad, Telangana is on track to doubl

Meet Kandi Srinivasa Reddy: Congress leader in US H-1B visa lottery rigging

Congress leader Kandi Srinivasa Reddy, implicated in US H-1B Visa Lottery Manipulation Scheme, denies any wrongdoing

H-1B visa scam explained: How a Congress leader played the US visa lottery

What is the H-1B visa lottery and what loophole did Congress leader Kandi Srinivasa Reddy exploit to 'scam' the system? Find out here

AI, sports, health tourism hub to come up on Hyderabad outskirts: T'gana CM

Telangana Chief Minister A Revanth Reddy on Wednesday said a 'fourth city', after Hyderabad, Secunderabad and Cyberabad here, would come up at Mucharla on the city outskirts with an AI and health tourism hub, sports, and others being developed there on a grand scale. Speaking in the Legislative Assembly during a debate on the Appropriation Bill, 2024, he said the 'fourth city' would be the 'future city'. "After Hyderabad, Secunderabad city, Cyberabad city, we are going to establish a 'fourth city' at Mucharla," he said. While Hyderabad and Secunderabad are known as twin cities, the IT hub at Gachibowli in the Telangana capital is known as Cyberabad. The proposed 'fourth city' would be promoted as an attractive investment destination in the world, he said. It would also be connected by metro rail. The new 'city' would be a hub of medical treatment, skill development, international cricket tournaments, golf club and employment avenues, he said. The plans include developing a health

Had no idea about appointment as Telangana Guv before PM called: Jishnu Dev

Tripura's former deputy CM Jishnu Dev Varma said he had no idea that he would be appointed the new governor of Telangana before he received back-to-back calls from Prime Minister Narendra Modi and the CM of that state Revanth Reddy just ahead of the announcement. Dev Varma, who lost the assembly election last year from Charilam in Sepahijala district, said he was the first person from Tripura to be appointed the governor of a state. "I was not aware of my appointment as the new governor of Telangana before PM Modi first called me on Saturday night. He told me that I have to work outside Tripura and I said that I was ready to perform whatever responsibility is given to me," the BJP leader told reporters on Sunday. "Soon after, I received another call from Telangana CM Revanth Reddy who told me 'welcome to Telangana', and it was at that time I realised that I was going to Telangana as its new governor," he added. Dev Varma said he would reach Telangana on July 31 and take oath as its

Congress govt in Telangana presents Rs 2.91 tn Budget; major announcements

The government spent Rs 34,579 crore on various schemes from December until now, said Telangana finance minister Mallu Bhatti Vikramarka

Announce T'gana-like loan waiver for Maharashtra farmers: MPCC chief Patole

Patole pointed out that this year, farmers in the state have faced drought in some areas and excessive rains in others

Cong's poll guarantees, BRS MLAs' defection issues in T'gana Budget session

The implementation of crop loan waiver and other poll 'guarantees' of the Congress government in Telangana, issues of unemployment and BRS MLAs joining the ruling party are likely to figure prominently during the budget session of Assembly beginning July 23. The government would present the budget on July 25. This will be the Congress government's first full budget after assuming power in December last year. It had presented an interim budget in February this year. Amid fanfare, the government launched the crop loan waiver scheme last week which would be implemented in two more phases with a total outlay of about Rs 31,000 crore. While the Congress leaders and activists held celebrations, the opposition BRS and BJP expressed disappointment. The BRS alleged that the loan waiver did not benefit a majority of farmers, while BJP National General Secretary and Union MoS (Home) Bandi Sanjay Kumar said the government has failed to disburse the promised amount of 'Rythu Bharosa' (invest

TS EAMCET 2024: Counselling result to be announced today at tgeapcet.nic.in

Telangana Council of Higher Education (TSCHE) will announce TS EAMCET 2024 seat allotment result for Phase 1 today, July 19, 2024 on the official website of TS EAPCET at tgeapcet.nic.in

Telangana govt's proposed farm loan waiver scheme to benefit 7 mn farmers

Telangana government is all set to launch a farm loan waiver programme, part of its poll promise benefitting 70 lakh farmers, on Thursday, official sources said. Chief Minister A Revanth Reddy had earlier announced that the government would implement the loan waiver up to Rs 2 lakh by August 15. The loan waiver funds up to Rs one lakh will be deposited in the farmers' accounts at 4 pm on Thursday. The chief minister said Rs 7,000 crore in total would be credited to the accounts of farmers whose loans of up to Rs one lakh are being waived. Crop loans of up to Rs 1.5 lakh would be waived by the end of July, and the loan waiver process would be completed in August when loans of up to Rs two lakh are dispensed with. Reddy also suggested organising a gathering of farm loan waiver scheme beneficiaries at "Rythu Vedikas" and Ministers, MLAs and other public representatives of the respective districts should also attend and share the joy with the farmers. Ahead of the launching of the ...

Vibhor Steel Tubes ups special steel capacity to 48,000 tonnes in Telangana

Vibhor Steel Tubes Ltd (VSTL) on Wednesday said the company has doubled its special steel manufacturing capacity at its Telangana plant to 48,000 tonnes from 24,000 tonnes. It has inaugurated a new Galvanizing Iron (GI) manufacturing unit in the state to increase the production of crash barriers which are widely used on medians, shoulders, verges, and high embankments, the company said in a statement. "Besides strengthening the production and supply of crash barriers to our customers across the country, the new state-of-the-art facility will further reinforce our position as a leader in the steel tubes and pipes industry," Vibhor Kaushik, Managing Director, Vibhor Steel Tubes Ltd, said. Haryana-based VSTL operates two manufacturing units in Raigad, Maharashtra and Mahbubnagar in Telangana with a total capacity of 2,21,000 tonnes per annum. The company is in the process of setting up its third steel project in Odisha which will take its overall capacity to 3,41,000 tonnes.