Daily Archives: March 30, 2015

Banks in Telangana clock 62% growth rate in crop loan disbursement

Agriculture, Business & Economy

Hyderabad :

Banks in Telangana have disbursed fresh crop loans worth Rs 16,997 crore clocking a growth rate of 62.29% after the government implemented the farm loan waiver scheme last year. In a meeting of State Level Bankers Committee (SLBC) on Monday, agriculture minister Pocharam Srinivas Reddy took stock of farm loan disbursement during October-December for 2014-15. SLBC officials appraised the minister on farm loan disbursements according to which banks have advanced or renewed fresh loans worth Rs 16,997 crore.

The review revealed that banks achieved 81% of the total agricultural target of Rs 27,233 crore by lending Rs 21,989 crore. While the number of branches in the state has reached 4,758, banks have collectively achieved total deposits of Rs 304,560 crore recording a growth rate of 8.71%. The annual credit plan target for the current financial year has been surpassed by banks with an achievement of 134% as on December 31, 2014.

source: http://www.timesofindia.indiatimes.com / The Times of India / Home> City> Hyderabad / TNN / March 31st, 2015

Now, order your drugs online

Business & Economy, Science & Technology, World Opinion

Pharmacy chain MedPlus on Friday rolled out an e-commerce facility for customers in Hyderabad to order medicines online and collect the same from any of the 220 stores near them.

As an introductory offer, MedPlus is offering a discount of 15 per cent on medicines and 5-30 per cent on FMCG products purchased online. More than the discount, it is the accompanying convenience that will make a difference to users of the ‘Click, Pick & Save’ facility, MedPlus Health Services founder and CEO Madhukar Gangadi said at the formal launch of the facility.

With over 1,200 stores across the country, the company plans to extend the service to 50 cities in two years. Bengaluru and Chennai are the other cities where MedPlus has more than 200 stores, he said.

On why home delivery was not being offered to customers ordering medicines online, he said it was not permitted under law.

Explaining the benefits of the new facility, COO Surendra Mantena said the portal provides information about the medicine, the ‘dos and don’t’ and the alternatives, besides offering a host of other FMCG products. Customers ordering medicine need to furnish their prescription at the time of picking up the order, whereas home delivery of other products is available.

MedPlus is looking to have a network of 10,000 stores in three years, Dr.Gangadi said. It was in talks to raise $50-75 million of PE funds in six months, he added.

So far, the investment in the company has been $30 million and with the fresh funds, the company planned to build new facilities.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Hyderabad / by Special Correspondent / Hyderabad – March 28th, 2015

Award for SCCL

Business & Economy, Records, All

Singareni Collieries Company Ltd (SCCL) has been declared winner of the Golden Peacock Innovative Product/Service Award-2015 for processing overburden as stowing and construction material.

Former Supreme Court judge Justice Arijit Pasayat was the chairman of the jury which decides winners of the Golden Peacock awards for various aspects of corporate excellence. The award will be presented at a function in Dubai on April 20.

A release from the company said of the large amount of overburden generated while extracting coal in opencast mining, the top soil of 30-40 cm having nutrients has been stock piled separately for re-use or spreading on the back-filled areas for sustaining natural vegetation/plantation.

It set up a plant to process the overburden at Bhupalpally in 2010.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Hyderabad / by Special Correspondent / Hyderabad – March 29th, 2015

Telangana police shine on debut

Records, All
Circle Inspector M. Sridhar Reddy receiving the silver medal and certificate from Punjab DGP Sumedh Singh at the 58th All-India Police Duty Meet held recently.– Photo: By Arrangement
Circle Inspector M. Sridhar Reddy receiving the silver medal and certificate from Punjab DGP Sumedh Singh at the 58th All-India Police Duty Meet held recently.– Photo: By Arrangement

The Telangana police, which debuted at the 58th All-India Police Duty Meet (AIPDM) held in Punjab this year, put up an impressive display of their skills and competitive spirit. About seven police officers of the State police won medals in different categories.

M. Sridhar Reddy, Circle Inspector of Nalgonda’s Kodad Town won the silver medal in the ‘Scientific Aids to Investigation in Forensic Science’ category, and J. Srinivas Reddy a police constable working at the District Crime Records Bureau won the silver medal in Computer Automation Competition.

While Cyberabad Sub Inspector D. Asish Reddy won bronze in Scientific Aids to Investigation section, Abhinav Chaturvedi won the bronze medal in Investigative Photography.

Lapping up bronze medal in Handling Lifting and Packing of Evidence was Kranthi Kumar, an SI from Warangal district.

DCRB Head Constable S.V. Ramana won bronze in Observation Skills Competition and Suma of Cyberabad police won the bronze medal in the Portrait Parley Test.

Police personnel from 29 States, 14 Union Territories and Central Police Organisation teams (CBI, IB, CISF, BSF, CRPF, SSB, ITBP and others) participated at AIPDM this year.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Hyderabad / by Staff Reporter / Hyderabad – March 30th, 2015

Devotional Fervour Marks Rama’s Coronation in Bhadrachalam

Arts, Culture & Entertainment

SriRamaTELANGANA30mar2015

Bhadrachalam :

Sri Rama Pattabhishekam was performed on a grand note at Midhila stadium here on Sunday.

The tastefully decorated Mithila stadium echoed to the chanting of hymns as the vast multitude of devotees was engrossed in ‘Ramanama Smaranam’ all through the proceedings.

Special rituals were performed to the divine couple marking the grand coronation ceremony of Lord Rama according to the ‘Pancharatragama Sastra’.

29h-bha

At 10.30 am, the idols of Lord Rama and Goddess Sita were brought in a procession from the main temple to Midhila stadium where the coronation was held. As the processional idols, placed in a decorated palanquin, were carried to the venue in a procession, the devotees stood up and welcomed them with folded hands.
The idols of Lord Rama and his consort Sita, seated facing each other in the midst of the crowds, were adorned with the resplendent jewellery.Governor ESL Narasimhan and his wife Vimala offered silk clothes to the divine couple at the kalyana mandapam.

The temple priests presented padukalu to Lord Rama before pattabhishekam. Later, they adorned the Lord with Pachala Pathakam, Mutyala Haram, sword and crown for the coronation. Goddess Sita was adorned with Chintaku Pathakam and Lakshmana Swamy was adorned with Rama Mada.

The devotees who were desperate to get a glimpse of the ‘Pachala Pathakam’ and ‘Chintaku Pathakam’, were once again found on their feet and hung out of the enclosures.

Later, the temple priests performed Abhishekam to the Lord and the Goddess with holy water brought from various rivers, seas and lakes.Minister Tummala Nageswara Rao, district collector K Ilambarithi, district judge I Ramesh, joint collector D Divya, Aswaraopet MLA Tati Venkateswarlu and temple EO K Jyothi and others witnessed the fete.

source: http://www.newindianexpress.com / The New Indian Express / Home> States> Telangana / by Express News Service / March 30th, 2015