27th SEPTEMBER 2014

The GMR group which constructed the international airport at Shamshabad here and currently operating it proposed to build a world class Hyderabad airport city at a cost of Rs. 

750 crore which would create 15,000 to 20,000 jobs and sought the support of Telangana government on this count.

The State Investment Promotion Board (SIPB), which met under the chairmanship of Chief Minister N. Chandrababu Naidu here on Friday approved proposals worth Rs.9,200 crore to set up two green field cement plants at Dachepalli in Guntur district and Petnikota in Kurnool district.

Widely acknowledged as the person behind transforming Tata Steel into the world’s eleventh largest steel-maker, B. Muthuraman on Friday had his last day in office after 48-year long stint on attaining the age of 70.

It is not often that guides and taxi drivers take tourists to Bagore ki Haveli as its approach lanes are long and winding. The driver then has to negotiate narrow, congested paths to reach Gangaur Ghat where the historic Haveli is located.But once inside the building, any travel weariness melts away. Bagore ki Haveli serves as a treasure trove of art and history.

Tata International Ltd., the global trading and distribution arm of the Tata group, on Friday, appointed former Union Home Secretary G. K. Pillai as its Chairman. Mr. Pillai succeeds B. Muthuraman. Mr. Pillai’s appointment is with effect from September 26, Tata International Ltd. said in a statement.

Bankers on Friday discussed the ramifications of the Supreme Court’s order, cancelling allocation of coal blocks, and indicated that they might seek ‘regulatory forbearance’ if the ruling impacts asset performance. “We have discussed in detail about the implications of the order. We do have a concern if it results in the non-availability of coal for performing assets,” Indian Banks’ Association Chief Executive M. V. Tanksale said, after a meeting of the industry lobby’s management committee here. He said there was no need for ‘knee-jerk reaction’ and no immediate decision was taken by the committee

The Indian men ended their campaign in the pistol events with a silver in the 25m centre fire event while the women exited from the 50m rifle 3-position without success at the Asian Games here on Friday. The men pistol shooters, spearheaded by London Olympic Games silver medallist Vijay Kumar, clinched the second place with a total score of 1740, two behind gold medallist China.