CommercialLatest Stories

Cognizant to Invest $183M in New Vishakhapatnam Campus

BENGALURU: Cognizant Technology Solutions will invest ₹15.82 billion (approximately $182.76 million) to establish a new campus in Visakhapatnam, Andhra Pradesh, creating around 8,000 jobs, as announced by the state government on Friday. Operations are set to begin in March 2029, according to a press release from the Andhra Pradesh government. Cognizant has yet to respond to requests for comments. This announcement follows Tata Consultancy Services’ recent plans to develop a ₹13.70 billion campus in the same city, which is expected to generate 12,000 jobs. Such moves are part of Cognizant’s strategy to optimize real estate costs. In May 2023, CEO…

Latest StoriesResidential

AP Government to Build Permanent Homes for the Poor: Minister

VISAKHAPATNAM: Housing Minister Kolusu Parthasarathy has announced that the state government will build permanent houses equipped with all necessary amenities for the underprivileged, while also completing pending projects in NTR colonies. During his recent visit to housing developments in Gidijala (Visakhapatnam district) and Paidivada Agraharam (Anakapalli district), he inspected construction progress and interacted with beneficiaries. During his visit, Minister Parthasarathy evaluated the existing conditions in the layouts and engaged in discussions with the residents. He attributed the issues to the previous government’s inadequate planning and assured that the current government would address these deficiencies, ensuring high-quality housing for the poor.…

InfrastructureLatest Stories

Andhra Pradesh Reveals Capital Land Pooling Scheme Rules, 2025

AMARAVATI: On Tuesday, the Andhra Pradesh government announced the Andhra Pradesh Capital Region Land Pooling Scheme (Formulation and Implementation) Rules, 2025, which will oversee the innovative land pooling method necessary for the development of the greenfield capital city, Amaravati. S. Suresh Kumar, Principal Secretary for Municipal Administration and Urban Development, stated that these rules will apply to the ‘capital region,’ while the ‘capital city area’ will still follow the guidelines set by the Andhra Pradesh Capital City Land Pooling Scheme (Formulation and Implementation) Rules of 2015. The scheme is designed to align with the government’s vision of creating a ‘People’s…