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Barclays expands in Andhra Pradesh18-NOV-09
Barclays Global Retail Banking (GRB), today, inaugurated its first branch in Hyderabad, the capital city and commercial hub of Andhra Pradesh.
HSL to build Rs 4,000 cr shipyard in AP or Orissa13-NOV-09
State-owned Hindustan Shipyard (HSL) plans to build a large shipyard to accommodate very large crude carrier ships (VLCC) at an estimated project cost of Rs 3,000-4,000 crore, a top official said. The proposed shipyard, which will be built on a public-private-partnership model, is expected to receive cabinet approval by the end of this fiscal, HSL's Chairman and Managing Director, Naresh Kumar said on the sidelines of SMM India's shipping trade fair.
Rosaiah meets PM, Sonia07-NOV-09
On his maiden visit to the national capital after taking over as Andhra Pradesh Chief Minister K Rosaiah today met Prime Minister Manmohan Singh and Congress president Sonia Gandhi and is understood to have discussed political developments in the state, particularly the convening of Congress Legislature Party meeting.
NREGA needs further push in state07-NOV-09
While Rajasthan (Rs 9,500 crore) followed by Andhra Pradesh (Rs 6,556 crore) and Assam (Rs 5,123 crore) are on top three position in utilising funds allocated by the Centre for the National Rural Employment Guarantee Act (NREGA), Karnataka has spent Rs 900 crore so far. The state needs to improve its performance, said M Lakshmana, immediate past chairman of the Institution of Engineers, Mysore Local Centre.
Jaggery prices up 50% on short supply27-OCT-09
Jaggery prices in Andhra Pradesh have increased by over 50 per cent in October compared with the same period last year. Short supply and growing demand from states such as Orissa and Bihar have led to the rise.
Powerless Rosaiah23-OCT-09
He may have finally won the battle for the chief minister’s job, but Andhra Pradesh Chief Minister K Rosaiah is still powerless, or at least he was for an embarrassing 20 minutes on Thursday, and that too in front of visiting US Ambassador Timothy J Roemer. According to a PTI report, Rosaiah, who also holds the energy portfolio in the state, reached the Samatha Block in the secretariat when there was a power breakdown. He was forced to wait in the lobby since the back up power didn’t work either. With the power supply not getting restored, Rosaiah had no option but to wait in the dingy media room and to sit on a rusty iron chair. Since Roemer had arrived by then, he too sat next to Rosaiah and both waited for another 20 minutes or so till the power came back on.
Leave leadership issues to me, Sonia tells Jagan22-OCT-09
Y S Jaganmohan Reddy, whose supporters have been campaigning for making him the Chief Minister, today met Congress President Sonia Gandhi, who told him to leave the issue of leadership change in Andhra Pradesh to her.
Reddy's son, Jaganmohan, meets Sonia22-OCT-09
Y S Jaganmohan Reddy, son of late Y S Rajashekhara Reddy, today met Congress President Sonia Gandhi at her residence here, amid demands by his supporters to make him chief minister of Andhra Pradesh.
Request for qualification for UMPPs likely by Jan '1021-OCT-09
The request for qualification (RSQ) for two UMPP in Orissa, one in Andhra Pradesh and one in Tamil Nadu is expected by January 2010, Power Secretary H S Brahma told reporters on the sidelines of a Ficci event here.
Rising fuel costs make biomass energy unattractive20-OCT-09
Biomass energy developers in Andhra Pradesh have been feeling the pinch of rising fuel prices over the past few months. With the kharif crop failing due to drought this year, the price of rice husk, which has the highest calorific value among the biomass used, is likely to go up further. Also, the recent floods in the state will add to the rising price of biomass.
Coal Min asks AP Genco to explain delay in block development19-OCT-09
The Coal Ministry has asked the Power Generation Corporation of Andhra Pradesh (AP Genco) to explain why there was an inordinate delay in development of coal blocks allotted to it more than two years ago.
Swine flu a faster traveller than bird flu17-OCT-09
The H1N1 influenza (swine flu) pandemic has taken over 17 times more human lives in seven months than the H5N1 avian influenza (bird flu) epidemic took in seven years.
WB okays $320 mn loan for road projects in AP16-OCT-09
In order to improve the quality, capacity and safety of roads in Andhra Pradesh, the World Bank has approved a $320 million loan for road projects in the state.
Man-made floods13-OCT-09
Unlike earthquakes, which can neither be predicted nor prevented, floods are both predictable and, to a large extent, preventable. The country has an elaborate, country-wide flood warning system in place, with two well-equipped central agencies — the India Meteorological Department (IMD) and the Central Water Commission — charged with this task. Despite this, the receding monsoon has caused devastating floods in Karnataka, Andhra Pradesh and Maharashtra, killing hundreds of people and rendering several million homeless. Heavy precipitation alone cannot be held responsible for this, because this seems to be a case of multi-agency failure. Water inflows into dams were allowed to rise unabated till they became unmanageable and required to be released, regardless of the fact that the entire region was being pounded by an incessant monsoon downpour at the time. The blame for this rests on the managements of the water reservoirs, who mistimed the release of water.
Focus shifts to relief distribution as water recedes10-OCT-09
With the flood water receding from all towns and villages in the worst-affected districts of Andhra Pradesh, the focus of the government has now shifted to speedy distribution of relief even as the victims started returning home.
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