Indian Bank inks MoU with SRM University in Andhra to lend up to Rs 50 cr

 Indian Bank Inks MoU with SRM University-AP to Lend up to 50 Crores for Start-ups Andhra Pradesh, India (NewsVoir) Indian Bank has collaborated with Hatchlab Research Centre, TBI of SRM University-AP to launch ‘IND Spring Board’, an initiative for financing start-ups and MSMEs. The bank will extend loans of up to Rs. 50 crore … Read more

Andhra Pradesh seeks to attract $4 billion investment in EV segment

Andhra Pradesh is seeking to position itself as the lighthouse state’ and attract investments to the tune of four USD billion in the electric vehicles segment over the next few years. As a first step in this direction, the state government is holding a day-long CEO-Ministerial Dialogue on Friday … Read more

Three gates of Srisailam Dam in Andhra Pradesh open due to heavy inflow

In view of heavy rainfall, the irrigation department officials of Andhra Pradesh on Saturday opened three gates of the Srisailam Dam up and released water downstream. State Irrigation Minister Ambati Rambabu, Nandyal MP Pocha Brahmananda Reddy, Srisailam MLA Shilpa Chakrapani Reddy and Nandyal District Collector Manazir Jeelani lifted the … Read more

Andhra CM Jagan Reddy conducts aerial survey of flood-affected areas

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy conducted an aerial survey in Godavari flood-affected areas on Friday. Following the survey, the Chief Minister held a review meeting with the officials over the flood situation. He stated that the impact of floods is straight on the Lanka villages … Read more

39 Andhra Pradesh pilgrims traced, 13 still missing in Amarnath tragedy

About 39 pilgrims from Andhra Pradesh, who were reported missing in the Amarnath cloudburst and flash flood four days ago, were traced and are safe, the state government said here on Monday. But two women from Rajamahendravaram and a 11-member group from Nellore were still reported missing, according to … Read more

84 Amarnath pilgrims from Andhra Pradesh rescued, 2 remain untraced

About 84 pilgrims from various parts of Andhra Pradesh, who went on the Amarnath yatra, were reported safe while only two women still remained untraced as on Sunday afternoon, official sources here said. Initially, the state government said five pilgrims went missing but later three were traced and confirmed … Read more

Andhra, Gujarat ‘top achievers’ in govt survey on reforms for business

Seven states, including Andhra Pradesh and Gujarat, have emerged as the “top achievers” in the government’s latest feedback-based survey to recognise and identify the exemplary reform measures undertaken by the states and Union Territories to improve the business environment. The latest fifth edition of the Business Reforms Action Plan … Read more

Crores of rupees go ‘missing’ from bank accounts; Andhra govt clarifies

Hundreds of crores of rupees reportedly went “missing” from the bank accounts of over 90,000 employees of Andhra Pradesh government and there were allegations that the government has withdrawn the money, a charge denied by the Special Chief Secretary (finance) S S Rawat on Wednesday. The amount was “withdrawn … Read more