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IT and Industries Minister K.T. Rama Rao’s highly productive tour to the UK and the US has come to an end. The two week trip includes a series of accomplishments: participating in over 80+ business meetings, attending 5 sector-specific roundtable meetings, and speaking in 2 conferences. Notably, significant investment announcements were made across various sectors, resulting in a remarkable creation of around 42,000 jobs in Telangana.
CM KCR announces Rs.105 crore for Formation Day celebrations
Cricket legend Sachin Tendulkar has made a strategic investment of an undisclosed amount in Hyderabad-based Azad Engineering. Though, according to sources, the investment is for a minor stake, the company said the strategic investment will allow it to further strengthen its commitment to contribute to Make-in-India and Atma Nirbhar Bharat initiatives. Azad Engineering provides engineering and technology solutions for global OEMs in clean energy, aerospace, defence as well as oil and gas.“We are thrilled to have Sachin Tendulkar as [an] investor … Tremendous honour for us,” founder and MD Rakesh Chopdar said. He said the company is committed to promoting highly complex manufacturing and self-reliance. Azad counts Boeing, GE, Mitsubishi, Siemens Energy, Honeywell, GE Aerospace, HAL and Tata among its clients. The company said it is setting up two new manufacturing plants.
HAML calls for global tender for Hyderabad Airport Express Metro Line The Hyderabad Airport Metro Limited has called for an open global tender inviting bids for the Metro corridor from Raidurg to Shamshabad Airport.
International credit card payments up to Rs 7 lakh will not attract TCS, clarifies Govt