Hyderabad

Maytas Infra wins order worth Rs 39 crore

Maytas Infra wins order worth Rs 39 croreMaytas Infra Limited, A Hyderabad-based infrastructure Development Company, has bagged a Rs 39 crore order from South West Infrastructure Private Ltd., a group company of Jindal Steel Works (JSW). 

This is Maytas Infra’s second order from Jindal Steel Works. 

The recent order involves construction of township for the employees of JSW Power Project coming up near Rathnagiri district of Maharashtra State in an area of 11,000 sq. mts. The project entails construction of 3BHK units of 18 flats, 2 BHK units of 132 flats, and 96 Hostel units. 

Lodha Group to enter Hyderabad Market; plans to pump Rs 800 crore

Lodha Group to enter Hyderabad Market; plans to pump Rs 800 croreThe Lodha Group, a Mumbai-based realty player, has decided to enter the Hyderabad market with an estimated investment plan worth Rs 800-crore.

The company plans to build a project christened ‘by Invitation’ to focus on the ‘luxury’ market segment, which would be its first major initiative for the group outside Maharashtra.

A cigar shape motorbike to discourage smoking

Hyderabad, India, Andhra PradeshHyderabad, Oct 26 : An environmental activist in Hyderabad has come out with a novel idea to support a ban on smoking in public places. He has prepared a motorbike shaped like a cigar by scrap.

M. K. Sudhakar is already registered in the Guinness Book of World Records for making the largest tricycle in the world.

To make people break the habit of smoking, he literally hacked the cigar-shaped motorbike into pieces in full public view.

Lanco Infratech gets board’s approval to de-merge LHTPP into two units

Patel rules out retrenchment of Air India staff

Praful PatelHyderabad, Oct. 16 :Union Civil Aviation Minister Praful Patel has said that there will be no retrenchment in Air India.

"I have no information about this. I will be able to say something only after speaking to Air India Chairman. There is not going to be any retrenchment of staff in Air India. I have full sympathy towards Jet Airways workers. But this matter is also being looked into by other departments like the labour department. I will also try to do something about it. But what I said yesterday was because the labour ministry was also looking into it,"said Patel.

Air India may lay-off of 15,000 staff for up to five years

Air IndiaHyderabad, Oct 16 : Air India on Thursday said that it is considering a plan to give about 15,000 of its staff a three-five years leave without pay.

Air India CMD Raghu Menon said, "We are planning to offer leave without pay for three to five years. We can consider it for about 15,000 employees."

However, he said, those who take up the offer to go on leave would be taken back if they desire so at the same seniority and last drawn pay.

Menon''s statement comes at a time when the country''s leading private carrier Jet Airways has laid off 1,100 jobs as the financial crisis in the aviation sector worsens.

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