Telangana to develop eco-town inspired by Japanese city Kitakyushu
Stating that he studied the development model in Kitakyushu city during his recent tour of Japan, Chief Minister Revanth Reddy said the eco-town model in the city is inspiring. The state government has signed agreements with numerous Japanese companies to develop a similar model in Hyderabad, he said.
Happy to welcome and host Hon'ble Mayor of #Kitakyushu city Kazuhisa Takeuchi saan, and his delegation to #Hyderabad as a Special Guest for the #Telangana state formation day celebrations.
It's a great honour to welcome Hon'ble Consul General of #Japan in Chennai Muneo Takahashi… pic.twitter.com/6F9nbUW3PT
— Revanth Reddy (@revanth_anumula) June 2, 2025
Expressing hope that the relations between the two will create an ecosystem for inclusive economic growth, zero emission and urban innovation, CM Reddy briefed the delegation about the government's focus on the Musi rejuvenation project and the creation of assets to strengthen the state economy under the project.
CM Reddy also explained the new skill development programmes for the youth launched by the government, as well as the interest shown by Telangana students in learning the Japanese language to explore opportunities in Japan, during the meeting.
Minister for Information Technology and Industries Duddilla Sridhar Babu highlighted that Telangana is actively promoting increased Japanese investment in the state. Already, 50 youth from Telangana have secured employment opportunities in Japan. To facilitate more such opportunities, the government, through institutions such as the Telangana Overseas Manpower Company (TOMCOM), is offering Japanese language training.
In the presence of Kitakyushu City Mayor Kazuhisa Takeuchi, he stated that Telangana will collaborate with Kitakyushu on several forward-looking initiatives, including net-zero targets, riverfront development, circular economy practices, clean technologies, and digital innovation.
He also said the state envisions the upcoming Future City as a benchmark in environmental sustainability, with a focus on developing eco-friendly industrial zones, implementing zero-waste design principles, and utilising advanced water and waste management systems.
Minister Babu added that the feasibility of introducing direct flight services between Hyderabad and Kitakyushu will be explored to further strengthen bilateral ties. He concluded by outlining the favourable industrial ecosystem present in Telangana and urged Japanese industrialists to consider investing in the state.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
19 minutes ago
- News18
Putin Updates Kim Jong Un About Alaska Meeting With Trump In Phone Call: Report
During their conversation, the two leaders discussed a range of bilateral matters, including strengthening diplomatic relations. Russian President Vladimir Putin is preparing for the upcoming summit with US President Donald Trump, scheduled to take place in Anchorage, Alaska, on August 15. The bilateral meeting is expected to focus on efforts to end the ongoing Russia-Ukraine war, and comes amid heightened geopolitical manoeuvring. In the days leading up to the summit, President Putin held a phone conversation with North Korean leader Kim Jong Un, according to Russian state media outlet RIA Novosti. Citing a statement from the Kremlin press service, the report noted that Putin informed the leader of the Democratic People's Republic of Korea (DPRK) about the planned meeting with President Trump. 'The President of Russia warmly congratulated the Korean leader on the upcoming national holiday – the 80th anniversary of the liberation of Korea from Japanese colonial rule celebrated on August 15. Kim Jong Un stressed that the DPRK considers this holiday common, remembers the role of the Red Army in the fight against the invaders," the Kremlin statement read. During their conversation, the two leaders discussed a range of bilateral matters, including strengthening diplomatic relations, enhancing neighbourly ties, and promoting cooperation between Moscow and Pyongyang. Putin also expressed gratitude to Kim for North Korea's continued political support, particularly referencing assistance and solidarity shown during Russia's military operations in Ukraine. Specifically, he thanked the North Korean leader for support during the 'liberation of the Kursk region from the formations of the Kiev regime" in August 2024. The phone call, held just days before Putin's anticipated meeting with Trump, underscores the Kremlin's ongoing efforts to consolidate backing from its allies, especially as Ukraine continues to seek support from European nations and NATO partners. In a related development, Reuters reported that the Russian State Duma announced on Tuesday that Vyacheslav Volodin, Speaker of the Russian Parliament, will lead a delegation on an official visit to Pyongyang on August 14-15. The visit is timed to coincide with North Korea's celebrations marking the 80th anniversary of liberation from Japanese rule at the end of World War II. Although the full list of delegation members has not been disclosed, Volodin, a close political ally of President Putin and a frequent head of Russian parliamentary delegations abroad, is confirmed to attend the commemorative events in the North Korean capital. Get breaking news, in-depth analysis, and expert perspectives on everything from geopolitics to diplomacy and global trends. Stay informed with the latest world news only on News18. Download the News18 App to stay updated! view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
25 minutes ago
- Time of India
Sebi rejects Anil Ambani, Rana Kapoor settlement pleas in Yes Bank case
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Mumbai: The Securities and Exchange Board of India (Sebi) has rejected the settlement applications filed by Reliance Group chairman Anil Ambani, his family member, and former Yes Bank CEO Rana Kapoor over alleged wrongdoing linked to investments by Reliance Nippon Life India Asset Management and the lender, said two people close to the case relates to a quid pro quo deal by erstwhile Reliance Nippon Life India Asset Management (now Nippon Life India Asset Management) involving Yes Bank's additional tier-1 (AT-1) bonds, which in turn subscribed to the non-convertible debentures of the AMC's then sponsor, the Reliance Group. The group has since exited the mutual fund investigations found that Ambani had influenced investment decisions made by Reliance Nippon Life India Asset Management, one source regulator, however, is likely to settle charges against Nippon Life India Asset Management, its current CEO Sundeep Sikka and two other senior officials for alleged losses caused to investors, they the rejection of the settlement application, Sebi will now proceed with legal action against these queries sent to Reliance Group, Nippon Life India Asset Management and Sebi did not elicit any response till press investors, including Reliance Nippon Life India Asset Management, and individuals had invested over ₹8,400 crore in Yes Bank's AT-1 bonds , which were perpetual bonds without maturity dates. These securities were written down to zero in March 2020 as part of the lender's restructuring, resulting in losses for AT-1 bondholders had approached various courts, claiming the securities were sold Nippon Life India Asset Management had one of the largest exposures to Yes Bank's AT-1 was CEO of Reliance Nippon Life India Asset Management when the fund house invested in Yes Bank's AT-1 bonds. Reliance Capital sold its entire stake in the mutual fund to partner Nippon Life India Asset Management, with the Japanese firm retaining the team led by regulator has also shared its investigation report with the Enforcement Directorate, a source month, the investigative agency searched locations linked to the Reliance Group. The probe relates to alleged illegal diversion of ₹3,000 crore loans taken from Yes Bank.
Hindustan Times
an hour ago
- Hindustan Times
Shohei Ohtani's agent Nez Balelo's whopping net worth revealed amid Hawaii real estate row
Los Angeles Dodgers star Shohei Ohtani and his agent, Nez Balelo, have been sued for allegedly pushing out a Hawaii luxury real estate developer and broker out of a $240 million deal. The civil lawsuit was filed in the Hawaii Circuit Court on Friday. Developer Kevin J Hayes Sr and real estate broker Tomoko Matsumoto claim that Ohtani used his popularity to interfere in the deal. Los Angeles Dodgers designated hitter Shohei Ohtani (17) celebrates with teammates after hitting a home run (IMAGN IMAGES via Reuters Connect) In the lawsuit, Hayes Sr and Matsumoto said that they had been working with Kingsbarn Realty Capital on The Vista at Mauna Kea Resort, a project featuring 14 custom homes on 17 acres along the Hawaiian coastline. Each residence is designed to exceed 7,000 square feet, with an average price of $17.3 million, and Ohtani was slated to be the first resident. Hayes Sr was serving as a developer, while Matsumoto had been tapped as the listing agent. The complaint alleges Balelo pressured Hayes and Matsumoto for concessions before demanding that Kingsbarn terminate them. The lawsuit claims Kingsbarn admitted the decision was made solely to satisfy Balelo's threats that Ohtani would withdraw his endorsement if the two men stayed on the project. The plaintiffs further accused Ohtani and Balelo of 'exploiting celebrity leverage' to eliminate them from the venture, costing them millions in anticipated profits, management fees, and commissions. They are suing for tortious interference and unjust enrichment, and also allege the pair tried to hinder their role in a second development. Kingsbarn's promotional materials state the Mauna Kea project will be marketed primarily to US and Japanese buyers. Ohtani's name was brought in to boost sales appeal, leveraging his star power in both markets. The 31-year-old Dodgers player is Japan's most famous athlete, earning an estimated $60 million in endorsements in 2024, on top of his 10-year, $700 million MLB contract. Balelo's agency, CAA Baseball, declined to comment when contacted by the New York Post. We checked Forbes to find out that Balelo has a whopping net worth. As per the website he is worth about $39 million. This is not the first time Ohtani has been linked to legal matters. In 2024, his former interpreter, Ippei Mizuhara, pleaded guilty to stealing nearly $17 million from Ohtani and was sentenced to 57 months in prison.
