Andhra SIPB clears Rs 20,216 cr in fresh investments; 50,600 jobs in pipeline
According to an official statement, the projects approved by the State Investment Promotion Board were from Sify Infinity Spaces Ltd, Sattva Developers Pvt Ltd, BVM Energy and Residency Pvt Ltd, and ANSR Global Corporation Pvt Ltd.
'Four more companies have come forward to invest in the state. Prestigious organisations such as Sify, Sattva, BVM, and ANSR have proposed investments worth Rs 20,216 crore, which were approved at the ninth SIPB meeting chaired by the chief minister," the statement said.
As part of the investment proposals, Sify Infinity Spaces Ltd is expected to invest Rs 1,466 crore in the first phase and Rs 15,000 crore in the second phase.
Sify will set up a data centre, bringing its total investment to Rs 16,466 crore, it added.
Similarly, Sattva Developers Pvt Ltd is expected to invest Rs 1,500 crore in Visakhapatnam and Madhurawada, while BVM Energy and Residency Pvt Ltd plans to invest Rs 1,250 crore.
So far, the TDP-led NDA government has approved investments worth nearly Rs 6 lakh crore under 113 projects through the SIPB route, it further said. PTI STH SSK
(This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments
First Published:
July 23, 2025, 19:15 IST
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.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
25 minutes ago
- The Hindu
‘Civil society globally did a fantastic job in supporting Gaza; but governments in West are evil'
After his two-storey house in Gaza was bombed in October 2023, allegedly by Israeli forces, Palestinian human rights lawyer Raji Sourani remains committed to returning to the war-torn strip; one of his first priorities, he says. In an exclusive interview, Mr. Sourani, who founded the Palestinian Centre for Human Rights (PCHR) in 1995, shares the current scenario of his and his organisation's efforts to prosecute Israel for 'genocide' at the International Court of Justice. Mr. Sournai, who is currently in Cairo, Egypt, expressed severe disappointment with Karim Khan, the chief prosecutor at the International Criminal Court (ICC), adding that Mr. Khan had 'failed' the people of Gaza. It is to note that, since 2015, Sourani has led the Palestinian legal team representing victims at the ICC. In a conversation with Al-Jazeera in April 2024, it was mentioned that you and a team of lawyers from the PCHR were working on prosecuting Israel for 'genocide' at the ICJ. Where does this stand in the present-day? The ICJ, as you know, is a court for the states. Since January 2015, we have been trying our best and have invested in making a case move at the ICC. But, there was an incredible amount of political pressure from the U.S., especially from the then Donald Trump-led administration. Penalties were warned on anyone who would try to bring the U.S. or Israel to the ICC, at any political level. This lasted till March 2021, when the ICC chief prosecutor, Fatou Bensouda, decided to open an investigation. However, when Karim Khan took over as the new chief prosecutor of the ICC, he did not move anywhere. If I may interrupt, can you elaborate on why things did not move after Karim Khan took over? We do not know, but he was talking about restructuring the court, and the investigation into Palestine and budget deficits, among others. His priorities were very confusing to us, and he refused to meet us, even in principle, for a long period of time. When the October 7, 2023, attacks took place in Israel, we tried to meet Khan on numerous occasions. He already had the decision made by Fatou Bensouda to go ahead with the investigation. All Khan had to do was to ensure the investigation went ahead, but he did not do that. He continued to refuse a meeting with us, including with his investigative team. That is when we decided to think of the ICJ, and to open the dialogue channels with Ireland and South Africa, and the latter was open to the idea. We were lucky that South Africa…took over the case at the ICJ and challenged Israel while accusing the latter of the most serious crime of genocide. Coming back to Karim Khan, there has been recent news that he was reportedly warned to be 'destroyed', along with the ICC, if the arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defence Minister Yoav Gallant were not withdrawn. As a human rights lawyer, how do you perceive this? Despite the first Trump-led administration deciding that it would sanction anyone who tried to demand accountability [from the U.S. or Israel], Bensouda was incredibly courageous to challenge that. She formed the investigative body and had a meeting with us, and the investigation was simply supposed to proceed. We have documented war crimes dating back to 2014 – including crimes against humanity and persecution. However, after Khan took over, he refused to meet. It is very strange that a prosecutor, and his team, who cannot visit the place [Gaza], had no interest in meeting the lawyers who had documentation of the situation. Meanwhile, the war in Ukraine erupted. Soon after, he opened an office in Kyiv and began the investigation in Ukraine with 37 investigators. But, he did not move with respect to our file. We warned them [Khan and his team] after the October 7th attacks that there is obvious evidence of plans to carry out a genocide in Gaza. Still, they did not want to meet or listen. Only after making the case at the ICJ did Khan ask to meet us, and we were reluctant. I told Khan that he was partly responsible for the blood, pain and suffering of Gaza, after October 7th. Maybe if Khan had held any Israelis accountable, according to the files he had, then they [Israel] would not have thought of doing genocide. He promised to move forward, but only after he went to Israel and met the Israeli victims… Later, he delivered the arrest warrants against Netanyahu and Gallant, but is that enough? These warrants are related to starvation and food, and not to genocide. Do you feel that Karim has failed you [and the people of Gaza]? Definitely. By waiting two years after taking over [to initiate action], he failed us… I do not want more than what he did for Ukraine. In one year, he had a warrant against Putin. I am damn sure that if Israel had been informed that they could be held accountable, they would have thought many times before doing what they are doing now… This is the most well-documented conflict in history, this is a genocide that was broadcast and live-streamed, and the world has been watching it? Speaking of war crimes, do you feel that the world and the media has turned its back on Gaza? I think the civil society, globally, did a fantastic job on [supporting] Gaza. I am very proud that the crème-de-la-crème of American universities and the generation of tomorrow stood fair, and they tried their best to voice the voiceless. They were able to speak truth to power. This includes people in London, Tokyo, Delhi and Paris, among others. It is obvious, the solidarity and support for Palestine. Our problem is not with the people…but the government's, in the U.S. and Europe, are evil. How can they support a criminal, belligerent occupation, and call a genocide a right to self-defence? I am appalled, the behaviour is selective. I also noticed that you were no longer based in Gaza, a place that you were not willing to leave at any cost. What made you leave Gaza? I did not leave Gaza willingly, my house was bombed. I have been a lawyer for the last 43 years, and one of my missions is to document these war crimes. I was checking whether the targeting against me was deliberate or not. My colleagues and I concluded that yes, this was deliberate. I was advised by my friends from across the world not to stay a minute longer in Gaza, because they believed that targeting was deliberate. They said that nobody will make use of you if you are dead. On the other hand, my wife and son refused to separate from me and leave for Egypt. At that time, it was 'mission impossible' to leave Gaza. But some friends intervened and got me out of there. For the first time, I feel that I am not in the right place [because I am away from Gaza]. You did mention that you had proper documentation of the alleged war crimes. Can you walk us through the testimonies of the victims, which you have gathered? We have had a real dilemma since the latest war broke out, because we never used to document anything partly. I can assure you that whether it's in 2008, 2009, 2012, 2014, 2017 and more, we have documented every war crime – crimes against humanity, persecution – in full. But, in this war, it was 'mission impossible' to document everything. Firstly, it was extremely dangerous, so I asked everyone in my team to stay home. We decided to do selective documentation, what that means is that we had to be selective in how many places we could cover. But wherever we covered, we did it in full. We documented attacks against shelters, UNRWA schools and hundreds of people have been killed, among many other war crimes. We have major samples on every type of crime that was committed. Do you ever plan to return to Gaza, given that there is an alleged threat to your life? Definitely, that is the first thing on my agenda. I am a deep-rooted Gazan, my family has lived in Gaza for the last seven centuries. I chose to be in Gaza, even when I was offered work in places across the world. I know that Gaza is not the most beautiful place in the world, but that is where I belong and feel my humanity. And there is a cause and case that I am working for. I have a team in Gaza, 45 of them, they continue to document starvation, bombings, killings and displacement. We have lost three of our staff members so far, and many of our staff members have also lost their family members… Not a for second will I comprise on returning to Gaza, no matter what the price will be.
Time of India
37 minutes ago
- Time of India
Rs 5,000 to register mutually divided ancestral property
1 2 Lucknow: The department of stamp and registration is working on a proposal to cut down stamp duty for partition of properties from 7% of the value of a property to a flat Rs 5,000. Partition of property refers to division of ancestral property among various claimants. Due to the high cost of registration of 'aapsi sehmati' or mutual consent settlements, families end up going to revenue or civil courts which means that matters can get dragged on for months, if not years. By easing registration charges, the government hopes to reduce pendency in civil and revenue courts. An official confirmed that the proposal will be taken to Cabinet for clearance in about a month. Partition of property is when the co-owners of a property mutually agree to divide the property among themselves and accordingly get it registered under Article 45 of the Registration Act, 1908. For instance, if an ancestral house is owned by two siblings, and two generations down they have 16 descendants, then the property needs to be divided into 16 parts, which includes the decision on which part of the property goes to whom. "Registration of stamp duty is 5% of the property price in Noida and 7% in the rest of the state. To avoid this cost, families end up going to the revenue department or to civil courts which could take months to dispose of each matter. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like How Much Does It Cost to Rent a Private Jet - The Prices May Surprise You! Private Jet I Search Ads Learn More Undo This process can be completed in just five minutes through mutual agreement now. To reduce this burden, a flat rate of Rs 5,000 per registration has been proposed," said minister Ravindra Jaiswal. In fact, the idea to reduce registration to a flat rate was mooted by chief minister Yogi Adityanath in 2024 not just to reduce pendency in courts but since in the case of partition there is no sale or purchase of property but just division, it was felt that high registration rates were unfair on citizens. Meanwhile, other aspects of property settlement within families where a similar reduction in stamp registration can be expected within the next few months include settlement under Article 58 of the Registration Act, 1908, where a person distributes property among heirs while still alive, release, and exchange of ancestral properties.
Time of India
37 minutes ago
- Time of India
Naharkatia gets Rs 130-crore fund for 5 projects
1 2 3 4 Dibrugarh: Assam CM Himanta Biswa Sarma on Thursday unveiled an ambitious development package worth Rs 130 crore for Naharkatia in Dibrugarh district, laying foundation stones for multiple infrastructure projects at the Naharkatia Higher Secondary School Playground. The ceremony marked a significant milestone in the region's development trajectory, with the CM laying the foundation stones of five major projects designed to boost educational infrastructure, transportation connectivity, and sports facilities. The centerpiece of the development package is the Namrup-Naharkatia road overbridge, which will be constructed at a cost of Rs 69 crore. The critical infrastructure project is expected to significantly improve transportation links and facilite smoother movement of goods and people between the two important towns. The second-largest project in the package is the co-district commissioner's Office, allocated Rs 20 crore. This administrative facility will bring govt services closer to the people, reducing their need to travel to district headquarters for various official procedures and documentation. Sports infrastructure received a significant boost with the announcement of a hockey stadium project worth Rs 15 crore. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Many Filipinos don't know about this! Read More Undo The facility is expected to nurture local sporting talent and provide a platform for athletes from the region to showcase their skills at various levels of competition. The education sector development featured prominently in the package, with the CM laying foundation stones for two school — the Naharkatia Higher Secondary School Building, with an allocation of Rs 7 crore and the Konwariajan High School Building, budgeted at Rs 8 crore. He also handed over the newly constructed ITI Naharkatia to the skill, employment and entrepreneurship department. The technical institute, built at a cost of Rs 11 crore in collaboration with Tata Technologies, represents a significant investment in skill development infrastructure. The ITI facility is expected to provide technical education and vocational training to hundreds of students annually, equipping them with industry-relevant skills and improving their employment prospects in various sectors. "Today's foundation laying ceremony represents our govt's unwavering commitment to balanced regional development across Assam. These projects will not only enhance infrastructure but also create employment opportunities and improve the quality of life for our people in Naharkatia and surrounding areas," Sarma said during the event.
