Andhra pradesh visakhapatnam

The members of ITAAP (Information Technology Association of Andhra Pradesh) met IT Minister Gudivada Amarnath in Visakhapatnam on Monday. The ITAAP team led by Sridhar Kosaraju, Narayana Rao and O. Naresh Kumar discussed various issues such as various initiatives to fast track IT investments in Visakhapatnam and also requested the Minister to release the pending incentives. The Minister was also informed about the starting of a full-fledged film lab in Symbiosys at the IT Park in Rushikonda. The ITAAP members also discussed about getting the Internet exchange (NIXI) to Visakhapatnam to speed up Internet and reduce bandwidth costs. The Minister was also asked to get the CDAC (Centre for Development of Advanced Computing) to Visakhapatnam and speed up the setting of the STPI incubation centre in Viskhapatnam in coordination with Andhra University. Mr. Naresh also said that a networking meet with all IT companies and a visit to IT parks was scheduled for the next month. … [Read more...] about Information Technology Association of Andhra Pradesh members meet Minister

The Indian Institute of Petroleum and Energy (IIPE), which was established in 2016 by an Act of Parliament and is an autonomous institute under the Ministry of Petroleum and Natural Gas, is currently focussing on becoming the energy hub of the country. The institute, recognised as the ‘Institution of National Importance’, is working towards becoming the think tank for the energy needs of the country. Energy is the most important aspect for any country and it is directly related to the health of the economy, Director Prof. Shalivahan tells The Hindu . “Keeping that in view we are working on courses that will serve the country’s energy needs by moving closer to the United Nation’s Sustainable Development Goals on sustainable or green energy. Sustainable or green energy is the future and all our programmes will lay special emphasis on this aspect,” he says. Apart from the two B.Tech programmes in chemical engineering and petroleum energy, IIPE is now planning to start various PG … [Read more...] about Andhra Pradesh: IIPE aims at becoming energy hub for the country

ATC Tires Director Toshio Fujiwara, along with representatives of his company, called on Chief Minister Y.S. Jagan Mohan Reddy on Friday and invited him to inaugurate the plant set up at Atchuthapuram in Visakhapatnam and ready for launch in August this year. ATC - The Yokohama Rubber Co. Ltd. is a Japan-based company that formed a joint tires group (ATC) with subsidiary companies and has emerged as a world leader in the off-highway tire (OHT) business. Over the years, the company has spread over to 120 countries on six continents. In India, ATC has two manufacturing plants, one at Tirunelveli (Tamil Nadu) and in Dahej (Gujarat). The Atchuthapuram plant was established with an investment of ₹1,750 crore and an initial production capacity of 135 MT per day, creating employment for 2,000 people. Minister for Industries Gudivada Amarnath, ATC Tires AP Pvt Ltd Executive Vice- Presidents Prahlad Reddy and Ambareesh R Shinde, Industries Department Special Chief Secretary Karikal … [Read more...] about Andhra Pradesh: CM Jagan Reddy invited to inaugurate ATC Tires plant

Information Technology Minister Gudivada Amarnath has said that the YSR Congress Party (YSRCP) cadre should get ready for the 2024 elections and there is a need to strengthen the party from village-level. It is the responsibility of the cadre to make Mr Y.S. Jagan Mohan Reddy as Chief Minister of Andhra Pradesh again in the 2024 elections, he said. Mr Amarnath was speaking during a meeting organised with the cadre at the YSRCP office at Anakapalli on Saturday, ahead of plenary meeting which is going to be held on June 28. He said that after coming to power, in the last three years, almost 95% of the promises were implemented by the party. He said that the plenary meeting should be made a success. … [Read more...] about Andhra Pradesh: get ready for 2024 elections, IT Minister tells YSRCP activists

The Visakhapatnam Cooperative Bank (VCB) Limited Chairman Chalasani Raghavendra Rao has alleged that political interference is increasing in the functioning of cooperative banks, which is leading to the disintegration of the cooperative sector. Addressing a media conference here on Tuesday, Mr. Raghavendra Rao said that in the name of reforms, the Centre was amending the Banking Regulation Act and imposing several restrictions, to the detriment of shareholders and depositors of cooperative urban banks. Visakhapatnam Cooperative Bank was established in 1916, and the cooperative movement and several other cooperative urban banks were launched much before the RBI came into existence. He said that the bank was taking legal recourse against the amendments made to the Banking Regulation Act. Mr. Raghavendra Rao said that VCB has emerged as the largest cooperative bank in south India with a share capital of ₹272 crore and 92,200 shareholders in the 2021-22 fiscal. The share capital of … [Read more...] about Andhra Pradesh: political interference increasing in the functioning of cooperative banks, alleges VCB Chairman

Even after 15 months, mystery still shrouds the death of 18-year-old B.Tech., first-year student Muvvala Nagesh of Nuvvalarevu Village, Vajrapukotturu, Palasa, who was found dead under J.R Puram Police Station limits in January 2021, in Srikakulam district. The parents of the youth urge the government to take action against the accused in the case. They also seek action against the engineering college management and the local police for their alleged negligence in the case. Addressing a press conference in Visakhapatnam on Tuesday, Muvvala Sundaramma, mother of Nagesh, recalled that on January 27, 2021, they had received a phone call from J.R Puram Police Station about death of her son, whose body was found in an isolated place. “After confirming the identity, we immediately checked the college hostel, where we found blood marks, bricks, rope, resembling a clear case of murder. On January 27, we have officially filed an FIR with the local police,” she said. Also Read … [Read more...] about Andhra Pradesh: even after 15 months, death case of student not solved, allege parents

Decks have now been fully cleared for the development of a new international greenfield airport at Bhogapuram near Visakhapatnam as the Andhra Pradesh government on Friday signed a concession agreement with project developer GMR Airports Ltd. On March 4, the Y S Jagan Mohan Reddy cabinet decided to permit the GMR group to go ahead with the development of the Bhogapuram International Airport in the Public-Private Partnership mode and approved the "highest bid" offered by GMR. However, GMR would be given only 2,200 acres of land as against 2,703 originally proposed, with the state government deciding to develop the remaining land on its own. On Friday, state Special Chief Secretary (Industries and Infrastructure) Karikal Valaven and GMR Chairman G B S Raju signed the concession agreement in the presence of the Chief Minister Jagan and Industries Minister Mekapati Goutham Reddy. As per the latest development model, GMR has offered to pay Rs 303 PPF (per passenger fee) to the … [Read more...] about Andhra Govt Signs Pact With GMR Group for Development of Bhogapuram Airport Near Visakhapatnam

The Anakapalli district police on Friday arrested two youth involved in a series of bike thefts in Visakhapatnam, Anakapalli and East Godavari districts, at Payakaraopeta on Friday. The police have seized 24 stolen bikes from them. The arrested were identified as U. Rajesh Babu (26) of Chinna Gantyada, Gajuwaka, and U. Nagaraju (25) of Amalapuram, Konaseema district, and a resident of Thatichetlapalem Addressing a press conference at Payakaraopeta Police Station on Friday, Additional S.P Narsipatnam Sub-division, Ch. Manikanta, said that the Payakaraopeta police teams had found two persons roaming in suspicious manner at Aratakotla village. After being questioned, the accused confessed to being involved in bike thefts, Mr. Manikanta said. The police have found that the duo were involved in 24 two-wheeler thefts. Among them, 11 cases were from various areas of Visakhapatnam city, including Gajuwaka, MVP Colony, Duvvada and Steel Plant, while a couple of cases were from … [Read more...] about Andhra Pradesh: two persons arrested, 24 two-wheelers seized

The arrest of Vanthala Ramakrishna alias Ashok alias Prabhakar and the surrender of 60 Maoists including 33 party member and 27 key militia members at Paderu in Alluri Sitharamaraju (ASR) district on Tuesday have delivered a fatal blow to the Maoist movement in the Andhra-Odisha Border (AOB) region. With no leadership, it is curtains for the movement here, claim the police. The AOB region used to be a bastion of the banned CPI (Maoist) until the encounter in the Teegalametta forest of Koyyuru mandal in ASR district in June 2021. Since the incident in which six Maoists including top operatives such as Ashok alias Doctor and Ranadev were killed by the Greyhounds, the heft of the left-wing extremists has been on the wane. The security forces stepped up the offensive which resulted in the surrender of a key tribal leader Chikkudu Chinna Rao alias Sudheer. Surrendering before then DGP D. Goutam Sawang, he exposed the rift between the tribal and non-tribal leadership in the region … [Read more...] about Mass surrender a lethal blow to Maoist movement in Andhra-Odisha Border region

The Visakhapatnam Cooperative Bank (VCB) Limited has announced a dividend of 10% to its shareholders for the 2021-22 fiscal. This decision was unanimously approved at the 107 th Annual General Meeting (AGM) of the bank here on Sunday. Presiding over the meeting, VCB Chairman Chalasani Raghavendra Rao, traced the origin and growth of the bank during its 106 years of operations. The bank today has 46 branches in Andhra Pradesh and four in Hyderabad of Telangana State, making it the only multi-State cooperative bank in Andhra Pradesh with over 25 ATMs. The banks deposits stood at ₹3,889.28 crore and advances were ₹2,863.54 crore, with a total business of ₹6,752.82 crore as on March 31, 2022. The total share capital of the bank was ₹272 crore and the total membership was 92,000 and the net NPA of the bank stood at 0.47% as on March 31, 2022. He said that the target of the bank for 2022-23 was to secure deposits of ₹4,322.27 crore and to advance loans to the tune of ₹3,247.03 crore. … [Read more...] about Visakhapatnam Cooperative Bank declares 10% dividend to shareholders