Latest news with #Parthasarathy
The Hindu
19 hours ago
- Business
- The Hindu
Move to set up MSME park in every Assembly constituency gets Cabinet nod
The Andhra Pradesh State Cabinet has approved the proposal submitted by the Industries and Commerce Department to develop 175 MSME parks in the State, one each in all 175 Assembly constituencies, as part of the 'One Family-One Entrepreneur' policy. The Cabinet also approved the Andhra Pradesh Capital Region Development Authority's (APCRDA) proposal to allot 50 acres of land for the development of a Quantum Valley in Amaravati. The APCRDA submitted a Detailed Project Report (DPR) for the project, Information and Public Relations (I&PR) Minister Kolusu Parthasarathy told the media at the Secretariat after the Cabinet meeting on Wednesday. The Cabinet approved a proposal for the establishment of Andhra Pradesh State Quantum Mission (SQM), for which the government would work with institutions such as IIT Madras, TCS, and IBM. Advanced research in quantum computing, AI, and cybersecurity, etc. would attract world-class researchers, bringing investments to the State. IBM will deploy '156-qubit Quantum System 2' in the State, while TCS will partner in software development and the L&T will participate in the development of Quantum Valley Tech Park. Quantum Summit This mission will contribute to cutting-edge research in cybersecurity, drug discovery, material science, and high-performance computing, transforming the State into centre for quantum technology, the Minister said, adding that the Quantum Summit would be organised in June to develop strategic action plans with international experts. Mr. Parthasarathy said that the Cabinet approved the proposal by the Panchayat Raj and Rural Development Department for a one-time settlement of ₹5.75 crore for providing safe drinking water through RO Plants to Uddanam area and tribal areas in Srikakulam district under NTR Sujala Pathakam, and ₹8.22 crore as one-time settlement for 15 water treatment plants to cover 533 water-scarce habitations in four mandals in Kuppam constituency, he said. This decision will ensure safe drinking water supply to 2.42 lakh people in 341 habitations across seven mandals including Palasa, Vajrapukotturu, Kaviti, Sompeta, Kamchili, Ichapuram, Mandasa, and tribal areas in Seetampeta mandal of Srikakulam district. Clean drinking water will be made available to 2.85 lakh people in 533 habitations across Kuppam, Gudipalle, Shantipuram, and Ramakuppam mandals in Chittoor District, he said. The Cabinet also approved a proposal to exempt stamp duty and registration fees for the transfer of 10.88 acres of land at Vanguru village in Eluru District, which former IAS officer Kasaraneni Damayanthi intends to donate to Hyderabad Eye Institute. Through this decision, Hyderabad Eye Institute will receive an exemption of ₹10.54 lakh in transfer duty. The Cabinet ratified the revised administrative sanctions implemented for the modernisation works of Haritha Hotel Yatri Nivas in Visakhapatnam. JetCity project The Cabinet approved the proposals for completion of Flatted Factory Complex works at JetCity at Vemavaramu village in NTR district by Andhra Pradesh Economic Cities Promotion and Development Corporation Limited (APEDCO). The government will allot 10.12 cents of land to the APEDCO for the first phase of JetCity project, he added.
Hans India
4 days ago
- Health
- Hans India
Minister urges vigilance as Covid-19 cases rise
Nuzvid (Eluru district): Minister for Housing and Information & Public Relations, Kolusu Parthasarathy on Sunday urged the public to remain vigilant amid a rise in Covid-19 cases across the country. The Minister addressing the media advised against large gatherings and stressed the mandatory use of masks and adherence to social distancing at railway stations, bus stands and airports. He also advised elderly individuals and pregnant women to avoid leaving their homes unless absolutely necessary. Furthermore, he emphasised that Covid-19 tests are compulsory for all international arrivals. The Minister instructed health officials to ensure the availability of masks and PPE kits and to remain alert. He directed government agencies to be prepared to handle any situation, specifically ordering government hospitals to make all necessary arrangements for combating Covid-19 and ensuring the availability of medical equipment for improved treatment. He called for officers to work with special supervision and coordination. Parthasarathy also directed government officials at the village and mandal levels to raise public awareness about Covid-19 and ensure people take appropriate precautions. He highlighted the importance of field supervision and conducting all types of medical tests. He concluded by stating that the Covid-19 pandemic can be overcome if everyone uses masks, practices sanitation and takes adequate precautions.
Hans India
5 days ago
- Politics
- Hans India
Minister Parthasarathy oversees pension distribution
Agiripalli (Eluru District): Minister for Housing and Information & Public Relations, Kolusu Parthasarathy, made an unannounced visit to observe the NTR Bharosa pension distribution programme conducted by secretariat staff in Agiripalli on Saturday. During his visit, Minister Parthasarathy personally distributed pensions to several beneficiaries. It was announced that a total of Rs 113 crore has been released for 2,58,804 pension beneficiaries in Eluru district. The June month's pension disbursement was notably advanced by one day. Minister Parthasarathy highlighted that 'only the TDP government can ensure the distribution of pensions as promised during the elections.' Secretariat staff and mandal coalition leaders participated in the programme.
The Hindu
23-05-2025
- Entertainment
- The Hindu
Review of Indira Parthasarathy's ‘The Middlemen of Vedapura', translated by M.K. Sudarshan
In his long literary career spanning over 60 years, veteran Tamil littérateur Indira Parthasarathy, commonly known as Ee. Paa, has produced many works that reflect social and political events in Tamil Nadu. His novel Kurithi Punal, written in the backdrop of the 1968 Keezhvenmani massacre of 44 persons belonging to Scheduled Castes, fetched him the Sahitya Akademi award in 1977. A novelist-cum- playwright, Prof. Parthasarathy, who turns 95 on July 10, won the Saraswathi Samman in the late 1990s for his play Ramanujar, based on the life of the founder of the Vishishtadvaita philosophy, which propagated the concept of social harmony in South India in the 11th century. Another important play of his was Aurangazeb, written in the mid-70s, capturing one of the most eventful periods in Indian history. His 90s novel Vedhapuratthu Vyaabaarigal, written at a time when Tamil Nadu experienced the eccentricities of those in political power, has now been translated by M.K. Sudarshan into English as The Middlemen of Vedapura. Essentially a political satire, The Middlemen of Vedapura centres around a young woman, Apurva [the name of the granddaughters of Prof. Parthasarathy and his friend-littérateur Ashokamitran], who returns to Vedapura from abroad to rediscover her roots, and becomes a political player in the process, learning the tricks of the trade, and eventually mastering the art of survival in a field where deception and betrayal are the norms. The plot would not be of interest to those who are not enamoured with politics but the narrative style and portrayal are engrossing. Notwithstanding certain striking similarities to political personalities that the country has seen, The Middlemen of Vedapura should not be viewed as a work that fictionalises real-life incidents. It goes beyond, and the translator has captured the spirit of the work very well. ramakrishnan.t@ The Middlemen of Vedapura Indira Parthasarathy, trs M.K. Sudarshan BlueRose Publishers ₹499
Mint
21-05-2025
- Business
- Mint
Alt DRX secures funding from Hindustan Media Ventures Limited in Pre Series A Round
Bengaluru, India (May 21 2025): Alt DRX, India's first Tokenised Digital Real Estate Marketplace, announced today that it has successfully raised INR 4.5 Crore from Hindustan Media Ventures Limited (HMVL), facilitated by its strategic investment arm – HT AdVentures. With this fund raise, Alt DRX has concluded its Pre-Series A funding round, raising ₹ 23 crore ($2.7 million). The round witnessed participation from globally renowned institutions and marquee investors, including Qatar Development Bank, Times of India Group, the Zee Group, WeFounder Circle Angel Fund, nX Capital, and prominent angel investors such as Harsha Bhogle (Golden Voice of Cricket), Parthasarathy (Founder of Mindtree), and Richard Rekhy (ex-CEO of KPMG India). Alt DRX is on a mission to make residential real estate — the world's largest and most stable asset class — accessible to Middle India. Traditionally out of reach for many, residential real estate offers strong long-term returns, acts as a hedge against equity market volatility, and provides intrinsic safety and liquidity. Alt DRX democratizes this asset class by enabling middle India to buy and sell tokenized residential properties one square foot at a time, powered by algorithmic daily pricing, instant settlements, and blockchain-powered transparency. Leveraging US based XRPL Ripple's blockchain infrastructure, Alt DRX ensures its KYC-whitelisted users' custodial ledger positions are securely recorded for delivering unmatched transparency and creating a trusted, programmable digital real estate ownership experience unlike anything seen before. "We are excited to partner with Alt DRX in their mission to make residential real estate — the world's largest and most stable asset class — accessible to Middle India. The company's unique model and market positioning align with our investment thesis, and we look forward to supporting their next phase of growth, said Anirudh Singhal, Head of HT AdVentures. Boston Consulting Group & Ripple in a recent report estimated the RWA Tokenization market to reach $18 trillion by 2033, with Real Estate and Alternate Investment Funds (PE / VC / Hedge) being amongst the top 3 asset classes to be tokenized into tradeable digital assets. 'We believe the next 100 million real estate investors will be digital-first and will invest dispassionately beyond their hometowns into in the best residential cities across India and the world,' said Anand Narayanan, one of the founders of Alt DRX. 'Residential Real estate is entering its most profound disruption in decades — Tokenised Digital Real Estate, liquid, transparent and tradeable. Alt DRX is not just innovating at the edges; we are reimagining the core of residential real estate investment for a digital-first generation'. Alt DRX is already part of the innovation sandbox of International Financial Services Centre Authority (IFSCA) at GIFT City in Gujarat India. Further its admission into Qatar Financial Centre's Digital Assets Lab marked a significant milestone in the company's aspiration to actively shape the future of a compliant, tokenized Real World Asset (RWA) marketplace. Headquartered in Bengaluru and intending to operate from International Financial Centres such as GIFT City & Qatar Financial Centre, places Alt DRX at the forefront of financial innovation in South Asia and the Middle East. The firm which was recently recognized by HDFC Bank & HDFC Capital as the one of India's Top 10 Tech Innovators, processes close to 200 transactions a day and is targeting to reach 10,000 daily transactions, by this year end. Alt DRX's mobile app can be downloaded from Apple and Google play store. HT AdVentures, the strategic investment arm of HT Media Group, partners with startups and businesses to accelerate growth, build strong brands, and unlock business value. Over 200 businesses have already scaled with us — leveraging our impactful solutions across Print, Digital, Social, Radio, Podcast, and On-ground platforms. Yours could be next.
