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VIZAG ECONOMIC CAPITAL
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.- From Meerut to Mysuru: Amazon Now bets on non-metro markets. What lies ahead?Amazon is aggressively expanding its quick commerce operations into Tier II and Tier III cities with a significant investment and over 1,00...
- Andhra Pradesh aims to emerge as IT, GCC capital, says senior officialObserving that the state government is adopting more of a cluster-based model wherein it wants to build ecosystems in a specific region, CE...
- Andhra should emerge as AI destination: CM Naidu ahead of CII summitPointing to Google's decision to set up a major AI data centre, Naidu said Vizag is emerging as a 'preferred city' for several tech compani...
- Keen on data centres, Andhra aims for 6GW as $10-billion Google deal puts Vizag on global tech mapAndhra plans to significantly scale up its data center hosting capacity to 6 GW within three years, building on a $10 billion deal with Goo...
- Google to invest $10 billion in Visakhapatnam for Asia's largest data centre clusterGoogle is set to establish its largest data center outside the United States in Visakhapatnam, Andhra Pradesh, marking a major milestone in...
- Embassy Developments signs JDA for Rs 1,600 crore premium residential project in BengaluruEmbassy Developments Ltd. has entered a Joint Development Agreement for a 17.9-acre land parcel in Whitefield, Bengaluru, planning a premiu...
- Blackstone, Embassy entities Infuse Rs 1,060 cr into Embassy DevelopmentsEmbassy Developments received a Rs 1,060 crore investment from Blackstone and its promoter group, Bellanza Developers, through warrant conv...
- 'Special allocations' made to Andhra Pradesh in Union Budget after five years: TDPThe Telugu Desam Party (TDP) praised the Union Budget for allocating Rs 15,000 crore to Andhra Pradesh for reconstruction, Polavaram Projec...
- RINL seeks proposals to fund working capital/ raw material in exchange for steel supplyRashtriya Ispat Nigam Ltd (RINL) has called for expressions of interest from companies interested in partnering for the supply of steel pro...
- Disinvestment: FM says govt addresses CPSE stakeholders' legitimate concerns through provisions in SPAsSitharaman said strategic disinvestment of the government's equity will lead to infusion of capital for optimum utilisation, expansion of c...
- Adani Ports acquiring Warburg Pincus affiliate’s stake in Gangavaram PortThe acquisition is valued at Rs. 1,954 crore and subject to regulatory approvals. APSEZ is acquiring the Warburg Pincus stake of 16.3 crore...
- Andhra Pradesh and Telangana are each vying for top honours in the Indian startup ecosystemHyderabad has the advantage of leveraging the infrastructure and the IT industry already established, while for Vizag it is being built one...
- Chandrababu Naidu for coordination among depts for double-digit growthAndhra Pradesh Chief Minister N Chandrababu Naidu today emphasised on adopting a cohesive approach among all state departments to achieve a...
- Air Costa plans to raise funds through stake sale; to add three more Embraer aircraftIndustry experts have also said that choosing Vijaywada as a base will be detrimental to the airline, and it should have set up base at one...
- N Chandrababu Naidu proposes decentralised development for Andhra PradeshNaidu said that the government has taken care to ensure that these institutions and facilities are distributed evenly across the state.
- Distribute Andhra capital functions to various regions: Committee reportThe Committee does not consider a single large capital city as a feasible option available to Andhra Pradesh as of now.
- Andhra Pradesh’s capital likely to be in Vijaywada-Guntur areaAlthough a central team has suggested two more options, Andhra Pradesh chief minister N Chandrababu Naidu is in favour of the Vijayawada-Gu...
- SBI sanctions Rs 2,650 cr loan to RINLSBI sanctions Rs 2,650 crore loan to state-run steel maker Rashtriya Ispat Nigam (RINL) for meeting capital expenditure needs.
- Eco zones to woo NRI investmentsIn a bid to attract investments from a major chunk of the 23 million-odd NRIs, special economic zones will be created in almost all the sta...
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