Chief Minister Sri Chandrababu Naidu returned back to Hyderabad after his 10-day visit to foreign countries. He visited the United States of America, Canada and Ireland. Speaking with the press in Hyderabad, CM said that Andhra Pradesh has made many significant dealing with many companies in the foreing countries and that he is expecting upto Rs. 500 Crores worth of investments. He said that the many of these investments are in the Bio-Technology sector.
More Investments for state
- Tie up with Proximer Company in Bio-Technology sector for investments to a tune of Rs. 450 Crores
- Technology tie-up with North Carolina University
- Development of Mansanto seeds at the ICICI Knowledge Park in Hyderabad
- MoU between Genomix and APIDC for venture capital in Bio-Technology sector for Rs. 20 Crores
- Tie up with Sun Microsystems for Bio Information developments
- Tie up between Hyderabad Central University and California Super Computer Center for Bio Informatics research.
He felt that the existence of Tax structure in our country has been a hindrance for the Hardware sector. He said that an all party meeting will be held on Tuesday to take a decision on talks with Peoples War Group naxals.
CPI(M) began their protest against the Government demanding the for the removal of a proposal of hiking power tariffs in the state. The rally began at Sundarayya Vignana Mandiram and ended at Indira Park. CPI(M) 17th Congress Visionary Documents and Strategy Papers were also in favor of investors and that the customer have to suffer.
M/S South India Corporation Ltd., Chennai reported record handling of Cargo in a single day at the Visakhapatnam Port Trust. A total of 20,017 tonnes of thermal coal was loaded to the vessel MV Nandmeeti in 24 hrs.
The State Joint Secretary of CPI, Dr. Narayana blamed the TDP-led Government for the anti-people and anti-farmer reforms in the state and that this was visible with the increasing deaths of farmers in the state.
4 people died today in a road accident in Karimnagar when the tractor in which they were traveling overturned. 10 more were injured in the incident.