APIIC

PM Modi inaugurates, lays foundation for projects worth Rs 13,430 in Andhra Pradesh
Prime Minister Narendra Modi on Thursday inaugurated and laid the foundation for multiple projects worth Rs 13,430 crore across Andhra Pradesh, covering sectors such as industry, power, roads, railways, defence manufacturing, and petroleum.

PM to inaugurate, lay foundation stone for projects worth Rs 13,430 cr in Andhra Pradesh
Prime Minister Narendra Modi will visit Andhra Pradesh on Thursday to inaugurate and lay foundation stones for projects worth Rs 13,430 crore across various sectors. He will also participate in the "Super GST Super Savings" event in Kurnool and offer prayers at the Sri Bhramaramba Mallikarjuna Swamy Varla Devasthanam in Srisailam.

Bharat Forge shares in focus after step-down subsidiary’s land deal in Andhra Pradesh
Bharat Forge shares are expected to remain in focus after its step-down subsidiary, Agneyastra Energetics, signed a pact with APIIC to acquire 949.65 acres in Andhra Pradesh for setting up an end-to-end defence energetics manufacturing complex. Despite long-term growth bets in defence, the stock has seen volatility—down 29.5% in a year but up 10.7% over six months.

Andhra government allots land to OP Jindal's Rs 7,500 crore steel plant
The government, after careful examination of the matter, hereby accord permission to APIIC for allotment of land to an extent of 860 acres at Thamminapatnam and Momidi Village of Chilakur Mandal of SPSR Nellore District to Jindal Steel Andhra Limited.

Andhra Pradesh government retrieves 4,700 acres from Krishnapatnam Infratech’s SEZ
The YSR Congress govt had earlier cancelled Navayuga group's Polavaram irrigation and Machilipatnam seaport contracts alleging irregularities in allotment of contracts by Chandrababu Naidu's govt and delays in execution.

Centre permits CBI to prosecute Andhra Pradesh government’s special chief secretary
He along with another IAS officer B P Acharya was named in the chargesheet filed by CBI alleging irregularities in the sale of villas, plots and flats in the integrated project.
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Larsen & Toubro sells entire stake in L&T Infocity to Ace Urban Developers
L&T said it has sold its entire 89 per cent stake in L&T Infocity Ltd (LTIL) to Hyderabad-based Ace Urban Developers Ltd for Rs 191 crore.
Centre's green nod to Rs 114 cr multi-product SEZ in AP
The Centre has given environment clearance to a Rs 114 crore project that seeks to set up a multi-product special economic zone (SEZ) in Nellore district.
Andhra Pradesh govt allots 623 acres land to Jain Irrigation
The market value of the land is Rs 4.5 lakh per acre and the total cost of the land is Rs 28 crore.
Andhra Pradesh to decide on cancelling land allotment to companies not putting it to productive use in Vizag
Andhra Pradesh government will take call on taking back land from those companies in SEZ in district that have not put allotment to productive use.
Andhra Pradesh government allots 1,200 acres land to NTPC for power project in Vizag
AP govt has allotted 1,200 acres of land on lease basis to NTPC Ltd for setting up 4,000 mw power project in Visakhapatnam.
Reject recommendation to transfer Kineta Power to Jindal: Chandrababu Naidu
TDP president N Chandrababu Naidu today asked the Andhra Pradesh government not to accept the recommendation of AP Industrial Infrastructure Corporation.
APIIC-Emaar case: ED takes possession of attached land
ED took possession of as many as 19 plots located at Boulder Hills Community near here, the Central agency said in a release.
ED attaches Emaar MGF’s Delhi, Hyderabad properties for money laundering
The Enforcement Directorate has attached properties owned by Emaar MGF, the builder of CWG Village in Delhi and several projects in Hyderabad.
Enforcement Directorate attaches properties worth Rs 71-crore in Hyderabad land scam
Plots owned by Dubai-based Emaar Properties, its joint venture Emaar MGF and others worth Rs 71 crore have been attached by the Enforcement Directorate.
RTI query reveals APIIC selling 100 acres of land to Apache Footwear at Re 1 per acre
The APIIC allegedly sold 100 acres of land at Mambattu village in Potti Sri Ramulu Nellore district, at the rate of Re 1 per acre to Apache Footwear.
APIIC-Emaar case: Shravan Gupta to appear before CBI tomorrow
A special CBI court here today directed Emaar MGF Land Managing Director Shravan Gupta to appear before the central probe agency from tomorrow till September 6.
APIIC-Emaar case: Industrialist Koneru Rajendra Prasad gets bail after 9 months
Andhra Pradesh High Court today granted bail to industrialist Koneru Rajendra Prasad, an accused in the APIIC-Emaar township project case.
APIIC-Emaar case: Industrialist Koneru Rajendra Prasad gets bail after 9 months
ndhra Pradesh High Court today granted bail to industrialist Koneru Rajendra Prasad, an accused in the APIIC-Emaar township project case, after being behind bars for the last nine months.
APIIC-Emaar land deal case: Court dismisses IAS officer's plea
The CBI had on February 1 filed a chargesheet against 12 persons, including Acharya in the Emaar scam case, who is presently under judicial remand in Chanchalguda jail here.
No relief for Koneru Prasad in APIIC-Emaar case
A special CBI court today denied bail to industrialist Koneru Rajendra Prasad, an accused in the APIIC-Emaar township project case.
APIIC-Emaar case: Non-bailable arrest warrant against Emmar MGF's Shravan Gupta
Court issued a NBW against Emaar MGF Land MD Shravan Gupta in connection with the alleged irregularities in the APIIC-Emaar land deal case.
CBI files chargesheet against senior IAS officer in APIIC-EMAAR case
The CBI investigating alleged irregularities in the APIIC-Emaar properties deal filed a chargesheet against senior IAS officer B P Acharya
Sabarimala: Koneru Prasad back, sent to custody till December 2
Industrialist and Trimex Group chairman Koneru Prasad, arrested by CBI in connection with alleged irregularities in the APIIC-Emaar Properties land deal, today surrendered before a local court.
Emmar MGF Vice-Chairmam Shravan Gupta grilled by CBI
CBI has questioned a top official of Emaar MGF in connection with the multi-crore land scam in Hyderabad allegedly involving the builder.
CBI issues 30 fresh notices relating Jaganmohan Reddy and Emaar Properties land deal
CBI, investigating into cases relating to Jaganmohan Reddy and Emaar Properties land deal, issued 30 more notices to various firms and individuals.
Andhra Pradesh Principal Secretary named by CBI in Emaar deal irregularities
CBI alleged that B P Acharya,Principal Secretary (Home), entered into a criminal conspiracy with Emaar officials to cheat APIIC for wrongful gain to Emaar.
IT major Infosys gets go-ahead for Pocharam campus
APIIC, which had earlier allotted the land for Infosys' second campus, served notices in March this year citing the company's failure to fulfill certain promises, including providing employment to 25,000 people as reasons.
BPTP bags Rs 666 cr land deal in Hyderabad
Real estate developer BPTP Ltd today said it has bagged 30 acres of land in the Knowledge City of Hyderabad worth Rs 666 crore.
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