CR Sukumar

  • FASTag will hasten road assets sale, says NHAI

    FASTag will hasten road assets sale, says NHAI

    Foreign pension funds and private equity funds were showing more interest in India’s highway road assets within the infrastructure space given the policy issues involved with various states in other infrastructure asset classes, Asheesh Sharma, member (finance), the National Highways Authority of India (NHAI) said.

    First personal insolvency petition filed in Amaravati

    First personal insolvency petition filed in Amaravati

    Omkaram Venkata Ramana, who had stood personal guarantor to five firms that defaulted on Rs 38.66 crore of bank loans, filed the petition to initiate personal insolvency resolution process, which his counsel said would entitle him to an interim moratorium on all his liabilities.

    TDP, BJP eye gains as Andhra Pradesh sees religious shifts

    TDP, BJP eye gains as Andhra Pradesh sees religious shifts

    TDP, known traditionally for its secular stand, in the recent general elections also attempted to polarise Muslim minority votes against its erstwhile saffron ally. The party, which was part of the BJP-led National Democratic Alliance (NDA) in the 2014 elections and shared power at both the Centre and the state, severed ties with the BJP in March last year.

    What ails state-run bus operators in India?

    What ails state-run bus operators in India?

    The crisis in Telangana is a reflection of the precarious position of state-run bus operators in India, which have seen their losses swell every passing year. This is particularly worrying since buses undergird India’s public transport system, and cash-starved state governments and municipal corporations have done little to shore up the transport corps.

    Chandrababu Naidu urges YS Jaganmohan Reddy not to waffle on Amaravati

    Chandrababu Naidu urges YS Jaganmohan Reddy not to waffle on Amaravati

    Countering the smear campaign carried out by the ruling YSR Congress government on the progress achieved at Amaravati, Naidu took the national media to various roads, buildings and trunk infrastructure built over 34,000 acres he had managed to obtain from farmers under land pooling.

    YS Jaganmohan Reddy restarts works at Amaravati

    YS Jaganmohan Reddy restarts works at Amaravati

    Ahead of N Chandrababu Naidu's tour scheduled for Thursday, chief minister Reddy held a meeting of the Capital Region Development Authority on Monday, and ordered officials to resume construction works at Amaravati based on priorities and budgets. The state government has indirectly indicated that Amaravati would remain the capital, albeit in a pruned down version.

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