Eight industrialists in LS poll fray in Andhra Pradesh

Image
Press Trust of India Hyderabad
Last Updated : Apr 14 2014 | 4:02 PM IST
Eight leading industrialists and businessmen are in poll fray from different parties for the Lok Sabha elections in Andhra Pradesh.
Four of them belong to the YSR Congress, which released the list of its candidates for the simultaneous polls to Legislative Assembly and Lok Sabha in the undivided AP.
A Ayodhya Rami Reddy of Ramky Group, Koneru Prasad of Trimax Group, M Rajamohan Reddy of KMC Constructions and SPY Reddy of Nandi Pipes have entered the fray on behalf of YSRC.
Simultaneous elections for Lok Sabha and Assembly will be held on May 7 in Seemandhra and April 30 in Telangana.
Ayodhya Rami Reddy is a co-accused in YSRC president YS Jaganmohan Reddy's alleged illegal assets case, while Koneru Prasad is an accused in the APIIC-Emaar land deal case.
Ayodhya Rami Reddy would contest from Narsaraopet Lok Sabha constituency in Guntur against another noted businessman and promoter of Transtroy (India) Limited Rayapati Sambasiva Rao, who recently switched over Congress to TDP.
An engineering graduate with more than 30 years of experience in infra business, Reddy has built an infrastructure conglomerate that values around Rs 5,000 crore.
Koneru Prasad, Rajamohan Reddy and SPY Reddy are YSRC candidates from Vijayawada, Nellore and Nandyal Lok Sabha constituencies in Seemandhra respectively.
Other prominent businessmen in fray are infra firm Madhucon's chief Nama Nageswara Rao and Galla Jayadev, vice chairman and managing director of Amara Raja Batteries Limited. Both are TDP candidates for Parliamentary seats.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 14 2014 | 4:02 PM IST

Next Story