Pouring cold water over the cooked up stories from anti-Telangana media, Hyderabad Metro Rail MD NVS Reddy rubbished rumors of Central Government’s intervention in the project and clarified that the works are being carried out as per the wishes and suggestions of the Telangana Government as the project is a state owned project. Here is the video showing the comments, just in case you are flooded by yellow media’s hysteria over ‘Centre taking over Hyd metro project’! The Hyderabad Metro Rail has been the prefect case study of rumor mongering against Telangana by some sections of media in recent times. This media has been scare-mongering to show Telangana Government is hell-bent to make lives difficult for everyone, including businesses. Check this story in ToI and ...

The recent decision of the Telangana CM to buy the 49 % share of the Government of India in Singareni Collieries Company Limited (SCCL) is to be welcomed. In 2012-13, SCCL had revenues of `10, 129 crore, realised a net profit of Rs. 401 crore and paid Rs. 140 crore in income tax. It paid a dividend of `86 crore and royalties of Rs. 3,500 crore to the State and Centre. It also owns Andhra Pradesh Heavy Machinery Corporation (APHMCL) at Kondapalli, Krishna. SCCL operations are spread across four North Telangana districts — Khamman, Warangal, Karimnagar and Adilabad — where SCCL is the largest employer. SCCL, founded by the Nizam’s Government, has been in existence for over a hundred years ...

Telangana Chief Minister K Chandrasekhar Rao has been invited to speak at IIMPACT 2014, the annual IIM alumni meet, in Singapore. The CM tentatively accepted the invite for the August 22-23 meet as a guest and address the ex-students of the IIM working in different countries.Singapore Prime Minister Lee Hsien Loong and President S R Nathan along with entrepreneurs like Richard Wurman, Founder, TedTalk, are the other speakers at the event, which annually enlists an array of speakers from Singapore and around the world. Singapore government representatives, other global business leaders and experts have been the chief patrons of the event in the past. This the 7th year of the event and the theme for this year is “I’M the Change” and would be held at ...

Union Power Minister Piyush Goyal said that Andhra Pradesh could emerge as a hub in solar power generation in the near future with the ‘pro-active approach’ of the state government. “I think, on solar power generation in your state, some fresh thinking and new ideas have been brought to the table today. I am fairly confident and very soon in the days to come, Andhra Pradesh will become a solar hub. “I am confident that with the pro-active approach that I have found with Chandrababu garu (Chief Minister N Chandrababu Naidu) over the last few months, I am quite sure that in very near future, I can see Andhra Pradesh becoming a power-surplus state,” Goyal told reporters here after emerging from a meeting ...

Indian School of Business(ISB) will organize a start-up fest for two days on August 30 and 31st. The event named August Fest 2014 is organized jointly with Eat Sleep Drink (ESD) Startups and TiE Hyderabad. The August Fest 2014 is an unique start-up event conceived and curated by start-ups. The Fest is a great platform for early-stage start-ups to get exposure and opportunity to infuse creativity and innovative ideas from various fields. This fest will also open the path for pitching and getting instant seed-funding for the start-ups. TiE Hyderabad announced it will provide the participants a comprehensive eco-system with vital resources for every stage of the entrepreneurial process.ESD spokesperson Suresh Perugu said “ESD Startups is all about providing an opportunity for various verticals; Movies, art, and tech ...