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Curtain Raiser Held For AugustFest, The Mega StartUp Fest

The IT Minister KT Rama Rao participated at the curtain raiser of AugustFest, the largest start-up fest with over 1,500 start-ups from across India. The fest is being organised at ISB between August 30 and 31. “Ultimately, the idea is to promote and incubate start-ups from early stage to production stage. Around 60 engineering students from 10 colleges will also get an opportunity to pitch their ideas in the fest. Almost all the top IT organisations are with us for August Fest,” the IT Minister said. Giving a few more details on the upcoming T-Hub, Mr. Rama Rao said that incubation centre will house close to 400 start-ups. “A bigger stand alone T-Hub is also being planned. We are working ...

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Amazon’s Biggest Facility Outside Seattle To Come Up In Hyderabad

Design Of Amazon's upcoming Seattle Office

E-commerce giant Amazon is building its biggest facility outside of its corporate headquarters in Seattle. Only two weeks ago, its Chief Executive Officer Jeff Bezos announced an investment of $2 billion in India. Hyderabad will get a chunk of that in form of  a 1.6-million square feet centre in Hyderabad. It may come up on 10 acres at Gachibowli and may house 12,500 employees. “We are waiting for statutory permissions. The moment we receive them we will begin work. We hope to complete the project by 2018. It will be taken up in phases,” John Schoettler, Director (Global – Real Estate and Facilities) of Amazon, who led a delegation which met Telangana IT Minister K Taraka Rama Rao, is quoted to have told the daily Business ...

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New Rs 1600 Cr DRDO Unit In Nagarjuna Sagar To Manufacture Underwater Systems


Telangana government will provide land, power and water to the Defence Research and Development Organisation (DRDO) for setting up a unit at Nagarjuna Sagar in Nalgonda. Chief Minister K Chandrasekhar Rao held a review with ministers and officials on Wednesday concerned here on the issue, a release from his office said. 100 Acres has been sanctioned for the project. DRDO plans testing and manufacture of critical components and subsystems of underwater systems which operate in  harsh sea water environment.  Presently there is a field testing in Nagarjuna Sagar to subject the systems to extreme hydrostatic pressure conditions. DRDO wont test these sub assemblies etc., straight away at sea as loss of such system during trials would result in massive losses. Therefore some ...

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Chinese Firm Offers To Set Up Power Plants In Shortest Time

Dongfang Electric Corporation (DEC) of China has come forward to set up a 660-1,000 Mw power generation facility in Telangana in the shortest time possible. A high level delegation from Dongfang Electric Corporation (DEC) of China met the Hon’ble Chief Minister Sri. K. Chandrashekar Rao today at Secretariat. The delegation consists of Mr. Han Zhiqiao, President DEC International and Chairman DEC India, Mr. Liang Jian, Managing Director, DEC India, Dr. Zhang Hong, General Manager (Thermal) DEC International China, Mr. Zhang Chengli, Mr. S.K. Bhan DEC Representative in India. DEC is the world’s largest power equipment manufacturers and are based at Chengdu, Sichuan, China. Their main business has been power equipment manufacturing and power projects contracting. They have their business base in more than 30 countries and ...

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Piramal Chief Impressed With CM KCR’s Openness & Candor!

Chairman of Piramal Enterprises Limited (PEL) Ajay G. Piramal has appreciated the Telangana State government’s promptness and pro-activeness in reaching out to industrial houses. Ajay Piramal, who met the Chief Minister on July 30, wrote a letter praising the Chief Minister and his team and termed their plans robust and foresighted. “It was a real pleasure meeting you and getting to know the vision you have set for the Telangana state. I was personally impressed with the openness and candor with which you spoke of the challenges of governance and how you are addressing them for laying a robust foundation for the nascent Telangana State. Your plans for industrializing the state are robust and the envisioned policies and policy framework seem ...

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