Deccan Region Today

Lokesh’s investment drive has taken Andhra’s FDI inflows to $609 million, says TDP spokesperson

Telugu Desam Party (TDP) national spokesman Neelayapalem Vijay Kumar has said that IT and HRD Minister Nara Lokesh’s ‘investment hunting spree’ is yielding impressive results and his ‘gate-crashing’ into the boardrooms of some of the world’s top companies, including the ones on the Fortune 500 list, propelled the State’s FDI inflows to $609 million.

FM Sitharaman to launch ₹1 trn Rayalaseema horticulture hub this Friday

Union Finance Minister Nirmala Sitharaman will lay the foundation stone for the ambitious ₹1 trillion Rayalaseema Horticulture Hub at Madanapalle on Friday. The plan includes a synchronised public investment framework integrating irrigation (₹20,884 crore), horticulture (₹14,906 crore), and rural roads (₹4,562 crore) across three years (2026–2029).

Ingram Micro Strengthens Bengaluru Presence, Reinforcing Its Long-Term Commitment to Investment in India

Ingram Micro, a leading global platform for the technology ecosystem, today announced the expansion of its Bengaluru operations with a new, larger facility. The move underscores the company’s continued investment in India, its second-largest market globally. It also reflects its long-term commitment to enable India’s digital transformation journey and support growing businesses across the country.

BCD Royale strengthens India-Dubai real estate ties through engagement with Dubai Land Department leadership

BCD Royale hosted H.E. Majid Al Marri, CEO, Dubai Land Department, in Bengaluru as part of an initiative to deepen engagement between the Indian and Dubai real estate ecosystems and build stronger institutional linkages across developers, investors, channel partners and industry bodies.

CREDAI Chennai Hosts Member Interaction with Port City Colombo

CREDAI Chennai hosted an interaction between its members and representatives of Port City Colombo at ITC Grand Chola, Chennai. The interaction was arranged to introduce Port City Colombo to CREDAI Chennai members and provide them exposure to a world class development. The initiative was relevant to members as it enabled them to understand the project, its development framework and the opportunities that may be of interest to real estate developers and allied industry professionals.

Chile Eyes Stronger Tamil Nadu Ties as India Trade Crosses $5.4 Bn

Chile is seeking to deepen economic ties with Tamil Nadu, particularly in automobiles, engineering, renewable energy, healthcare, technology, agriculture and logistics, Chilean Ambassador to India Juan Angulo said. Addressing Chile’s 216th Independence and National Day celebrations in Chennai, Angulo said bilateral trade had more than doubled in recent years, from about $2.2 billion to over $5.4 bn. Figures cited at the event put trade at $5.6 bn in 2025.

Billtrust Inaugurates GCC in Hyderabad with ₹450 Crore Commitment

Billtrust, the B2B Cash Generation Platform, inaugurated its new Global Capability Center in Hyderabad, marking the formal establishment of the company’s India operations. The ceremony was attended by Shri Sridhar Babu, Minister for Information Technology, Electronics & Communications, Industries & Commerce and Legislative Affairs Government of Telangana, as Chief Guest, alongside Billtrust Chief Executive Officer Grant Halloran and members of the company’s global executive leadership team.

CtrlS, Ciena partner for 100 Tb/s metro networks in five Indian cities

CtrlS Datacenters has partnered with US-based networking company Ciena to establish five new metro networks, linking nine of its data centers across five major Indian cities: Chennai, Hyderabad, Kolkata, New Delhi, and Noida. This initiative is designed to meet the escalating demand for bandwidth driven by artificial intelligence (AI) and cloud services.