Deccan Region Today

AM Green Named Winner of Asian Lot in H2Global Auction Funded by German Government

AM Green Ammonia (India) Private Limited ("AM Green") has been selected as the sole winner of the Asian lot in the H2Global auction run by HINTCO GmbH ("Hintco"), securing a long-term purchase agreement for the supply of Renewable Fuels of Non-Biological Origin (RFNBO) ammonia to Germany. The ammonia will be produced at AM Green’s Kakinada project (Phase 2) in Andhra Pradesh, India, where the company is converting an existing natural gas-based ammonia and urea production complex into a production facility using alkaline electrolysis technology.

Singapore Minister K Shanmugam offers to help AP strengthen edu system

Singapore Minister K Shanmugam has appreciated the education reforms being undertaken by the Andhra Pradesh government and assured Singapore’s cooperation in strengthening the State’s education system. Shanmugam held discussions with Minister for HRD and IT Nara Lokesh on Tuesday after offering prayers at the Sri Venkateswara Swamy temple in Tirumala.

Prestige Estates’ hotel arm raises Rs 3,000 crore from CPP Investments; Canada pension giant takes 27% stake

In August this year, Prestige Estates had announced that Canada-based investment firm CPPIB will invest up to Rs 3,000 crore in its hospitality arm. The company, CPPIB, and Prestige Hospitality Ventures Ltd (PHVL) executed a binding framework agreement. In a regulatory filing on Tuesday, Prestige Estates informed that the CPPIB has invested Rs 3,000 crore (Canadian dollars 441 million) in PHVL. Through the investment, the CPPIB would acquire about a 27 per cent stake in PHVL.

Warner Music Group opens technology and engineering hub in Bengaluru

Warner Music Group (WMG) has officially opened its new global product and engineering hub in Bengaluru, expanding the company’s technology footprint in India and integrating its technology capabilities with its existing music ecosystem. Led by Mahesh Rao, Director of Software Engineering and Site Lead, the Bengaluru team will build, own and ship products directly into WMG’s global technology stack. The hub will also contribute to the company’s broader architectural decisions.

CSEZ opens 'Suvidha' centre to facilitate investments and exports

A single-window facilitation centre has been established at the Cochin Special Economic Zone (CSEZ) in Kakkanad to provide faster and easier access to services for investors, Special Economic Zone (SEZ) units and Export Oriented Units (EOUs) in Kerala and Karnataka. The 'Suvidha' centre will provide guidance on approvals, clearances, compliance requirements and procedures and facilitate coordination with the concerned departments and authorities, besides making interaction with the Office of the Development Commissioner easier.

UN varsity campus proposed in Kochi, talks in advanced stages

Discussions are under way between the Higher Education Department and the United Nations University Institute on Comparative Regional Integration Studies (UNU-CRIS) to set up a campus at Cochin University of Science and Technology (CUSAT). UNU-CRIS has submitted a proposal to Keralam govt to establish the campus.

Omnicom Global Solutions Expands Coimbatore Presence with New Office

Omnicom Global Solutions (OGS), Omnicom’s integrated solutions engine, has expanded its presence in Coimbatore with the inauguration of a new office. The development adds to Omnicom’s established operations in India, where it has built Global Solutions Centres of Excellence to support its agencies and clients worldwide.

Over 25 Aus cos have Indian HQ in TN

Around one-fifth of Australian businesses and institutions active in India have a presence in Tamil Nadu,” he said delivering the Guest of Honour Address at the 190th Chamber Day Celebrations of the Madras Chamber of Commerce & Industry (MCCI). Another 12 Australian companies have branch offices in the State. These companies collectively support approximately 5,000 jobs for Indian nationals, Noble pointed out. He also noted that the global economic landscape is undergoing significant changes, with trade and investment rules being reshaped and supply chains shifting.

CII: S. India Can Emerge As Asia’s Strategic Growth Partner

South India is well-positioned to become a strategic partner in Asia’s next phase of growth, leveraging its diversified industrial base, manufacturing capabilities, technology ecosystem and strong connectivity with Asian economies, industry leaders said at the inaugural Confederation of Indian Industry (CII) Namaste Asia Summit 2026 in Chennai on Tuesday.

DoorDash opens first India office in Hyderabad, plans to scale employee count to 3,000 in 2 years

American e-commerce giant DoorDash opened its first office in India in Hyderabad on September 30, starting operations with around 500 employees, with plans to expand the workforce to more than 3,000 over the next two years. Located in HITEC City, the facility will house DoorDash’s Customer Experience and Integrity (CXI) and general and administrative teams. The company said the centre will support its global operations.

Wide opportunities for investment in Telangana

Speaker Prasad Kumar said that there are wide opportunities for investment in the state of Telangana, especially Hyderabad, which has developed as a favorable area for investment. He said that Hyderabad has gained special recognition in sectors like pharma, life sciences, and innovation. He urged the Telugu people settled abroad to continue their connection with their homeland and become partners in the development of Telangana.

Hyderabad's 'Bharat Future City' attracts AWS, CtrlS data center investments

Hyderabad is advancing its "Bharat Future City" vision, attracting substantial investments, including commitments from Amazon Web Services (AWS) and CtrlS for AI hubs and data centers. This development is part of Telangana Chief Minister Revanth Reddy's "Telangana Rising 2047" vision, which aims to transform the state into a $1 trillion economy by 2034 and a $3 trillion global economy by 2047.