The newly formed Telangana government is building the country’s biggest incubation facility and creating a technology development bank to woo start-ups to the capital Hyderabad, whose image has taken a beating due to the Telangana statehood movement. The technology development bank (TDB) will provide funding to innovative start-ups in both hardware and software sectors, state information technology minister K.T. Rama Rao said on Thursday. The incubation facility, spread over 100,000 sq. ft, will be located in Gachibowli locality that also houses the offices and research labs of top information technology companies such as Microsoft Corp., CA Technologies Inc., Capgemini S.A., Infosys Ltd, and Wipro Ltd. The initiative will involve the city’s two premier educational institutes, the Indian School of Business ...

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