The project, for which a concession agreement was signed in July 2012, has seen a cost overrun of Rs 3,000 crore, taking the projected cost to nearly Rs 20,000 crore.
Local BJP leaders view that calling off pact with TDP would help them consolidate in both states and occupy space being left by opposition lawmakers.
The move is aimed at scuttling the plan of the YSR Congress president to send his close confidant and family auditor V Vijay Sai Reddy to Rajya Sabha.
Congress is staring at the threat of losing opposition status in Telangana's two legislative houses, with the ruling Telangana Rashtra Samithi said to be eyeing its lawmakers.
The 66-yearold Naidu, who fought against dynastic politics of Congress for decades, appears to be falling prey to similar politics, point out analysts.
In the works is launch of several models over the next three years in under-Rs 8 lakh category, which makes up for more than 70% of India’s auto market.
Avaya is upbeat on the emerging opportunities in the Indian startups space and looking at startups for acquisitions, says Kevin J Kennedy.
According to sources Telangana's leading industrialist Jupally Rameswar Rao is in talks to buy ABCPL that runs news channels under TV9 brand.
When it comes to defections by members of legislative assemblies, Arunachal Pradesh and Uttarakhand have dominated headlines. The MLAs of the ruling party — the Congress in both states
Both companies will enter into a formal business arrangement after consulting Sebi since Sharepro is under regulatory ban over alleged fraudulent deals.
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