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Vizag Daily News

Vizag Port Second Cleanest In India 24-May-2017
After Vizag bagged the third cleanest city and the railway station bagged top rank in terms of sanitation, it is now the Port’s turn to lay up the tag in the Swacch Bharat Abhiyan. Visakhapatnam Port has been declared the second cleanest port among 12 major ports by the Union Shipping Ministry. Haldia port which was ranked first is only 30 marks ahead to VPT. In response to the call given by Prime Minister Narendra Modi for implementation of Swacch Bharat Abhiyan, the Swacchata Pakwada programme was conducted from March 16 to 31 in VPT striving for cleanliness. During Swatchta Pakwada the Union Minister of State for Road Transport and Highways, shipping, chemicals and fertilizers Mansukh Mandaviya visited VPT on March 18. He personally participated in the beach cleanliness programme and appreciated the efforts taken by VPT in up-keeping cleanliness in the various areas of VPT and also its surroundings.
Vizag Port to Be Modernized By 2019 22-May-2017
VISAKHAPATNAM: If everything goes as planned by the Visakhapatnam Port Trust (VPT) authorities, modernization of port will be complete by 2019. Addressing the media in the city on Sunday, VPT chairman MT Krishna Babu said, The modernization of VPT includes increasing container trade doubling capacities of inner harbour, modernize berthing structures setting up multi-modal parks free trade zones provision of clean cargo and improvement of rail and road connectivity inside the port. Once the modernization project is complete the port's handling capacity can be augmented to 135MT (million tonne) from the existing 98MT. The project is estimated to cost Rs 5,000 crore, but only 50% of the works are completed so far," he added.
Bikes With New Headlights 04-Apr-2017
VISAKHAPATNAM: Retail showrooms in the city have started selling two-wheelers with the Automatic Headlamp On (AHO) feature that was mandated by the government from April. A Srinivas chief executive officer of Varun Bajaj two-wheeler showroom at Siripuram Junction, said "As per the new BS-IV guidelines, all upcoming motorbikes are being manufactured with the AHO provision like the 'Daytime Running Lamps' found on cars. We have sold nearly 2,000 such vehicles in the city. The new rules have been framed as per international standards and many European countries have implemented it since 2003.
AP Tourism Kick Starts 30-Mar-2017
Aims to attract tourists from six mega cities. To attract tourists from the metropolitan cities this summer, the Andhra Pradesh Tourism Department kick-started ‘Let’s Vizag’ — a massive campaign to promote Vizag as the ideal summer holiday destination. Andhra Pradesh Tourism Authority Chief Executive Officer (CEO) Himanshu Shukla announced on Tuesday that the campaign was aimed at tourists from Bhubaneswar, Kolkata, Hyderabad, Bengaluru, Chennai and New Delhi. We are doing this campaign for the first time with the focus on Vizag. In the coming seasons we would shift the focus towards other tourist destinations in the State one at a time.
Credai to Soon Launch Home Projects 28-Mar-2017
Visakhapatnam: Confederation of Real Estate Developers Associations of India (Credai) is to launch 200 housing projects across the country to contribute to PM Narendra Modi's target of providing houses to all by 2022, said its new chairman K Subba Raju. Addressing the media here on Monday, Subba Raju said the project will be launched by Union urban housing development minister M Venkaiah Naidu in Ahmedabad on April 8.
Visitors Strike the Best Deal 20-Mar-2017
Two-day The Hindu Auto Expo-2017 concludes. Checking out various brands and striking the best deal, scores of visitors made their way to the The Hindu Auto Expo-2017 on Sunday. The concluding day of the second edition of the exhibition held at Beach Road opposite the Viswapriya Function Hall witnessed an impressive footfall. For many, the venue turned out to be a one-stop point to book the vehicle that they have been dreaming to own for quite a while. “The latest model Innova Crysta is what I wanted to own and I am glad that I could get it for Rs. 23 lakh at the expo, said P. Raju a businessman.
Property Show Gets Under Way 04-Mar-2017
Meeting with builders will be held on NALA issue: Ganta The third Property Expo of Confederation of Real Estate Developers’ Associations of India began at Andhra University Engineering College Grounds with over 80 stalls displaying housing properties, plots and building materials. Inaugurating the show HRD Minister Ganta Srinivasa Rao assured builders that a meeting would be arranged with the Principal Secretary, Municipal Administration, to sort out long-pending issues like NALA and conditions relating to high-rise buildings and the issues would also be taken up with the Minister concerned.
U.S. Entrepreneur Bets Big On VSP 28-Jan-2017
VISAKHAPATNAM: An American entrepreneur who has made his largest investment in Visakhapatnam, sees bright potential in the city to emerge as a prominent commercial and financial hub. Pena4 Inc President and CEO Manny Pena who was here to participate in CII Partnership Summit-cum-Sunrise AP Investment Meet, told on Thursday that the city with a large talent pool and beautiful landscape has scope to grow into a world-class city. Pena4 Tech the Indian arm of Pena4 Inc has its largest facility in the city – a 100 per cent FDI with an initial investment of US$ 3 million in 2011. While Mr. Pena has 90 % stake, Ravi Eswarapu a local entrepreneur and former senior executive of Tech Mahindra has 10 % in Pena4 Tech. Pena4 Group with three companies under its umbrella, is into healthcare with focus on International Coding for Diseases (ICD)- related services, IT Product Development and back office operations for US companies in the area of client management, production management, finance, and HR operations. The company has plans to invest an additional US$ 3 million in capacity building and training in next generation technologies across the State and invest in startups as an angel investor in Internet of Things, cyber security, analytics, FinTech and artificial intelligence in next two years.
Fall in Property Registrations 17-Jan-2017
Visakhapatnam: Contrary to the popular perception that real estate dealings have hit a low after demonetisation, registration of properties has not suffered a steep fall. However compared to October December saw a considerable decline. Comparative statistics from October to December in the district show that the number of registrations resulting in sale of properties progressively fell. While 4,945 registrations were done in October, the number dropped to 3,415 in November and it was not a drastic fall going by the registration trends, according to DIG, Stamps and Registration, T. Saroja.
No Headway in Mega IT Projects 05-Jan-2017
Millennium Tower to become fully operational by December 2017. Mega projects mooted for Visakhapatnam in IT sector have not seen much progress except for the Millennium Tower which will be fully operational by December 2017. A variety of reasons are attributed for the failure to ground the projects. For instance the proposed iconic tower at Visakhapatnam Special Economic Zone, Duvvada, for which Union Minister of State for Commerce Nirmala Sitharaman laid the foundation stone two and half years ago is yet to see any civil work getting launched for want of release of funds from the Centre.
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