Category Archives: Business & Economy

RedBus co-founder named Telangana’s Chief Innovation Officer

About Telangana, Business & Economy, Leaders, Records, All

Hyderaba :

The Telangana Government has appointed Phanindra Sama, who Co-Founded bus ticketing company RedBus and serial entrepreneur, as Chief Innovation Officer of the State.

A South African investment firm had acquired RedBus for about Rs. 780 crore. After the successful exit, Phanindra Sama has been working with start-ups and overseeing the activities of Kakatiya Sandbox in Nizamabad.

Phanindra received the formal appointment letter from Telangana IT and Industries Minister KT Rama Rao at Secretariat on Friday.

Phanindra will head the State’s Innovation Cell, which aims at promoting innovation at the grass root level, catching the school children in rural areas very young.

“The Cell will also focus on bringing the startup ecosystem closer by promoting a State-as-a-whole approach as opposed to concentrating startup activity in one location. It proposes to develop co-working spaces and incubators across the State,” a Government official said later.

source: http://www.thehindubusinessline.com / Business Line / Home> News> National / by KV Karmanath / Hyderabad – November 11th, 2017

Why Satya Nadella is in India

Arts, Culture & Entertainment, Business & Economy, Inspiration / Positive News and Features, Leaders, Records, All, Science & Technology, World Opinion

Microsoft CEO will also deliver the keynote address at the first edition of the India Today Conclave Next 2017.

Microsoft CEO Satya Nadella is on a two-day visit to India to promote his book Hit Refresh – The Quest to Rediscover Microsoft’s Soul and Imagine a Better Future for Everyone.

The tech giant’s India-born chief will be in Delhi on November 7 to deliver the keynote address at the first edition of the India Today Conclave Next 2017. Nadella kickstarted his trip with a visit to Microsoft’s headquarters in Hyderabad on November 6 – the city of his birth – where he joined NDTV’s Prannoy Roy for a discussion on his book that will soon be available in Hindi, Telugu, and Tamil.

The book takes readers through Nadella’s personal journey from his childhood in India to his ascendancy through the ranks at Microsoft. It talks about the transformation he has initiated at Microsoft, from its culture to its competitive landscape and industry partnerships as well as his outlook on the exciting and disruptive wave of technologies that will impact all our lives in the coming days.

Many of these themes will also be explored at the day-long India Today Conclave Next 2017.

Nadella’s book also carries a foreword by Microsoft co-founder Bill Gates. The book’s English edition, launched on September 26, 2017, can already be found in bookstores, while the Hindi edition, published by HarperCollins India will be available in bookstores by November end.

The Tamil and Telugu editions published by Westland Books will be available in print at bookstores from November 7. A Kindle version of the Tamil edition will also be available for download on the same day.

source: http://www.dailyo.in / Daily O / Home> Sci-Tech / November 06th, 2017

Digital Domain scripts India foray with studio in Hyderabad

Business & Economy, Records, All, Science & Technology, World Opinion

Digital Domain, a leading player in the visual effects arena, has made a foray into India with the opening of a studio in Hyderabad.

This is the fifth studio and the tenth location globally for the company, which earlier this year opened facilities in Beijing and Hong Kong. The company, whose visual effects appear in films such as Titanic, The Curious Case of Benjamin Button and Spider-Man: Homecoming and Beauty and the Beast, is keen on shaping the 42,000 sq.ft. facility in Hyderabad into the role of a mainstay for it.

Pegging the investment on the new facility in the $3-5 million range, chief operating officer Amit Chopra, in an interaction with the media on Monday, said: “India is and will continue to be an integral part of Digital Domain’s global expansion plans.”

“We foresee the region to be a leading consumer of premium content,” he said, even as Sudhir Reddy, head of Digital Studio, India, chipped in saying the company was keen on taking up work for customers in the country as well. To begin with, the Hyderabad studio would rely on international projects — movies, commercials as well as VR/AR work — before the demand for its services, especially from Bollywood, is expected to pick up.

“Combined with the recent projections for smart phone growth and mobile bandwidth expansion in the region, the people of India are primed to demand and expect premium content, and we are ready to deliver on that need,” Global CEO Daniel Seah said in a statement.

Of the 500 people who can be accommodated at the new facility, 205 are already on board. By mid-2018, the headcount would touch 500, added Mr. Reddy. Globally, Digital Domain employed 1,400 people.

The new studio, inaugurated on Sunday by Telangana IT Minister K.T. Rama Rao, is at present involved with four big projects, the details of which the senior executivesrefused to share.

source: http://www.thehindu.com / The Hindu / Home> Business / by Special Correspondent / Hyderabad – November 06th, 2017

Hyderabad IT firm gets ISRO order

Business & Economy, Science & Technology

Vama Industries Ltd., a Hyderabad-based IT infrastructure and ITeS company, has bagged a ₹35.42-crore order for Hierarchical Storage Management System from the Indian Space Research Organisation (ISRO).

The order is towards the supply, installation, integration and testing commissioning of computer infrastructure, Hierarchical Storage Management System as well as network elements for data processing and exploitation system, the company said on Wednesday.

Describing the order from the ISRO as very significant for the company, chairman and managing director V.A. Rama Raju said that Vama Industries was keen on expanding business across different locations across the country.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Hyderabad / by Special Correpondent / Hyderabad – November 02nd, 2017

Hyderabad to host CAI Expo on Nov 10-12

Business & Economy

Hyderabad :

The Hyderabad edition of the three-day CAI Expo 2017 will be held at the Hitex Exhibition Centre on November 10-12.

Top players, consultants and experts in construction, architecture and interiors (CAI) sectors will take part in the event organised by the iads & events group and The Hindu BusinessLine.

It will be a B2B event and an ideal platform for all the businesses with adequate networking opportunities.

The title sponsor is Dosan Bobcat. The event is powered by K-Lite and the co-sponsors are Nippon Paint, Prime, Trott and the supporting partners are Credai, Hyderabad, All India Bricks & Tiles Manufacturing Federation, Indian Institute of Structtural Engineers, Ready Mixed Concrete Manufacturing Association (RMCMA), Indian Society of Lighting Engineers (ISLE). Launched in 2013, CAI Expo 2017 is the 5th successful edition. The event has grown in its size and participation year on year and also in the number cities organised. This year, CAI is being organised in four cities — Chennai, Coimbatore, Hyderabad and Goa.

For the visitors, the event showcases the latest products and technologies available and provide them with the opportunity to interact with industry professionals.

From office blocks to high-rise constructions; from residential buildings to embassies; the number of forthcoming infrastructure and construction projects across India is vast and wide-ranging.

The Indian construction equipment industry’s revenues are estimated by the industry expert researchers to reach over $ 22 billion by 2020.

source: http://www.thehindubusinessline.com / Business Line / Home> News> National / The Hindu Bureau / November 02nd, 2017

Dubai-based Bin Zayed Group to Invest $2 Billion in Telangana

Business & Economy, World Opinion

Bin Zayed International LLC has expressed interest to invest in infrastructure projects like the Animation and Gaming Tower, Road Development Corporation, Musi River front development project, Watergrid and Fibergrid, said a statement from the office of Telangana Industries Minister.

Hyderabad:

Dubai-based Bin Zayed Group will invest $2 billion in various infrastructure projects in Telangana with an MoU being signed between the state government and Bin Zayed International LLC in Dubai on Tuesday, an official statement said.

Telangana’s Principal Secretary, Investment Promotion, Arvind Kumar and Bin Zayed Group’s Managing Director Midhat Kidwai signed the MoU.

The Animation and Gaming Tower, Road Development Corporation, Musi River front development project, Watergrid and Fibergrid, and development of new industrial parks are some of the infrastructure projects in which the company has expressed interest to invest, said a statement from the office of Telangana Industries Minister.

Arvind Kumar has invited the Bin Zayed Group management team to send a high-level team to Telangana to take this agreement forward.

The Bin Zayed Group of Companies is a leading business conglomerate with diverse business interests in the local and international markets. The company was established in 1988 by Sheikh Khaled Bin Zayed Al Nehayan as its Chairman, added the statement.

source: http://www.news18.com / News18.com / Home> News18> Business / IANS / October 31st, 2017

Bentley launches showroom in Hyderabad

Business & Economy, Records, All

The company sees South India as a high growth area with tremendous potential for its future business.

Hyderabad:

Adding another feather to Hyderabad’s high-end car showrooms, Bentley India announced the launch of its latest showroom and service centre here on Friday. The showroom located in Jubilee Hills area is the third such centre in India after Delhi and Mumbai.

The company sees South India as a high growth area with tremendous potential for its future business. “Bentley India is optimistic about growth in South India and when we feel the market is large enough, we would open newer showrooms and workshops in other southern cities,” said Satya Bangla, MD, Exclusive Motors – which is the exclusive dealer of Bentley in India.

The company is currently selling and promoting the company’s four model lines- the new Continental GT, Flying Spur, Bentayga and Mulsanne in India.

source: http://www.telanganatoday.com / Telangana Today / Home> Hyderabad / by Telangana Today / October 27th, 2017

Secunderabad Railway Station is India’s first Green Railway Station

Business & Economy, Records, All

The six modules involved in the evaluation of the Secunderabad station were sustainable station facility; health; hygiene and sanitation; energy efficiency; water efficiency; smart and green initiatives and innovation and development.

Hyderabad:

The Secunderabad Railway Station has earned the distinction of being the first railway station in the country to be certified as a ‘Green Railway Station’ by the Indian Green Building Council – Confederation of Industry (IGBC-CII), in association with Indian Railways.

The Station has bagged the coveted Silver Rating in the category, according to an SCR release. The IGBC-CII, with the support of Environment Directorate of the Indian Railways had developed the Green Railway Stations Rating system to facilitate adoption of Green Concepts to reduce adverse environmental impacts due to station operation and maintenance and enhance overall commuter experience.

The six modules involved in the evaluation of the Secunderabad station were sustainable station facility; health; hygiene and sanitation; energy efficiency; water efficiency; smart and green initiatives and innovation and development.

Tai Lee Siang, chairman, and Terri Wills, chief executive officer, World Green Building Council presented a shield, plaque and certification to SCR officials during the Green Building Congress-2017 at Jaipur last week. The certification is valid for three years.

Vinod Kumar Yadav, General Manager, SCR who was instrumental in drawing up the plan to meet norms for the Green Railway Station Certification, congratulated officials involved in the exercise.

Secunderabad Railway Station holds a total area of 13.34 acres and has 408 different species of trees available in the station area. Organic fertilizers and pesticides are being used while solar photo voltaic installations cover 41.2% of the exposed station roof area.

A 500 Kwp solar plant was installed in 2016, generating 2,500 units of power per day, accounting for 37% of energy requirements of the station, and leading to savings of Rs.72.92 lakh annually.

With 4,864 fixtures, Secunderabad station is 100% LED lit as well. Other green initiatives here include a 5lakh-litre Sewerage Treatment Plant, central waste collection, bottle crushing machine, CO2 sensors at AC waiting halls and rainwater harvesting pits.

source: http://www.telanganatoday.com / Telangana Today / Home> Hyderabad / By Telangana Today / October 11th, 2017

Lo and behold the magnificient murrahs of Telangana

Business & Economy, Records, All, World Opinion

Eemaata, eemaata, yuvarajula sye aata… (What a delight it is, this dance of the princes…) Thus goes the popular song that best encapsulates the essence of Sadar festival aka Telangana’s very own ‘Dunnapothula Panduga’. Its English translation, ‘Buffalo Carnival of Telangana’ doesn’t quite have the same ring somehow. That’s besides the point though. For this festival is a celebration of the buffaloes — the ‘dancing princes’ that the aforementioned lines of the Sadar song extol. And the star attraction of this year’s festivities were the magnificent Murrah quartet — Raja, Dara, Maharaja and Shahenshah — each weighing well over 1,200 kilos!

As their proud handlers rave about the USP of these hulking bulls, your jaw drops in amazement. “The 4-year-old Raja weighs close to 1300 kg and is a 12-time National Livestock Champion. Maharaja, 6, from Chevella is a 6ft 2 inch-tall 1400-kg alpha male who makes for a breathtaking sight. Then there is Dara, son of the 24-time National Livestock Champion, Yuvraj, who’s fathered over 2,00,000 calves. Like his massive father, Dara tips the scales over 1,300 kgs. And the most expensive of them all is four-and-a-half year old Shahenshah who towers at a staggering 7 ft and weighs a whopping 1500 kilos,” say brothers Mahesh Yadav and Madhukar Yadav, organisers of the Sadar festivities which were held in Srinagar Colony on Friday night.

Bred and raised in Hyderabad, Shahenshah is hailed as the pride of Telangana by E Haribabu Yadav, state general secretary, All India Yadav Mahasabha. “Recently a buyer offered `25 crore to buy Shahenshah but his owner Ahmed Alam Khan refused to sell,” says Haribabu, adding, “Shahenshah was bred and groomed with the intention of beating the celebrated super bull Yuvraj of Hissar (Haryana),” says Haribabu who organised the Sadar festivities in Musheerabad on Saturday night.

And it seems like he’s already living up to expectations. Shahenshah recently entered the record books as the ‘World’s Most Expensive Bull’. “Shahenshah is one of the finest specimens of the murrah breed of buffalos that is ethnic to India. Standing 7 ft tall and 15 ft long, this bull is the pride of India,” says Suman Palle, CEO, High Range Book of World Records.

“The price of a bull is determined by the value of it’s semen which is much in demand. Each ejaculation fetches anywhere between `1,00,000 to `1,50,000. Hundreds of doses are prepared from the semen discharged during every ejaculation which is frozen in liquid nitrogen and sold to dairy farmers,” explains Ahmed Aalam Khah.

These bulls lead a charmed life indeed. “We spend about `4,000- `5,000 every day. They are given oil baths three times a day and it has a couple of attendants looking after it all day. Shahenshah drinks 30-40 litres of milk mixed with raw eggs every day. It’s diet consists of 100-150 apples, laddus made of kaju, pista, badam and dates, concentrates, green grass and hay.”

source: http://www.timesofindia.indiatimes.com / The Times of India / News> City News> Hyderabad News / by Karthik Pasupalate / TNN / October 23rd, 2017

Venkaiah, Bandaru give away HMTV Business Excellence Awards

Business & Economy, Records, All

Honouring the achievers: Union Ministers M. Venkaiah Naidu and Bandaru Dattatreya presenting Lifetime Achievement Award to G. Ramachandra Naidu, Chairman of Amara Raja Batteries, in the city on Saturday. | Photo Credit: Nagara Gopal

NTPC Ramagundam, KIMS Hospital get awards

Recognising the contribution of several business leaders and entrepreneurs, who made their mark in various sectors from the two Telugu States, the Hyderabad Media House Ltd. running HMTV news channel presented Business Excellence Awards- 2017 here on Saturday.

The awards instituted for the first time this year which would become an annual feature hereafter were given away by Union Ministers M. Venkaiah Naidu and Bandaru Dattatreya.

The event saw two distinguished businessmen – J. Rameshwar Rao, prominent builder and infrastructure developer and G. Ramachandra Naidu of Amararaja Group – being honoured with Lifetime Achievement Award.

A seven-member jury comprising Ramesh Loganathan, professor-IIIT, and representatives from CII, FTAPCCI, HYSEA, CREDAI and IT companies went through hundreds of nominations and chose the best nominees in 14 sectors. They also presented special jury awards.

Mr. Venkaiah Naidu said recognising the achievements of businessmen and industrialists and felicitating them was a noble deed as it would serve as an inspiration to several others. The industrialists and businessmen were wealth creators, but in our country they were often viewed with suspicion.

Prime Minister Narendra Modi extended a red carpet welcome to investors who run their business with good values. The government had no business to be in business but focus on providing basic amenities and infrastructure to people and the Vajpayee government had laid that foundation, he said.

The Indian economy was the only one that was growing at a healthy rate, thanks to the dynamism of Prime Minister Modi. Though some people criticised demonetisation, it brought money back into banks with an accountability.

Labour Minister Dattatreya said the government wanted to create a conducive atmosphere for growth of industry and labour for employment generation and poverty alleviation.

NTPC Ramagundam, KIMS hospital, got awards in separate categories. Vaman Rao, Chairman of Kapil Group that set up HMTV, and government officials were present.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Hyderabad / by Special Correspondent / Hyderabad – May 06th, 2017