Hyderabad: The SICCI on Wednesday announced the unanimous election of Arun Alagappan, Executive Vice Chairman, Coromandel International Limited, as its President at the Chamber’s Extraordinary General Meeting.
Commenting on his election Arun Alagappan said, “I am thankful for SICCI’s vote of confidence in appointing me as the President. This position gives me an opportunity to work within the SICCI framework in meeting its objectives of industry growth at one level, and the nation’s growth at another.”
“India has been able to manage the externalities better than most other developing countries, and I strongly feel that India, and in particular the industrially advanced southern India States are in a unique position to take advantage of the prevailing situation.
With resilient domestic demand and capital investment, strengthening corporate and banking balance sheets, the World Bank projects India’s GDP to grow at 6.3 percent in FY2024, with nearly 17 percent of the global growth to be contributed by India.
In line with these changing global and Indian megatrends, SICCI shall be submitting a strategic roadmap to the government to pursue accelerated growth in the emerging sectors.
Our objective shall be to ensure there is a successful partnership between the Government and the Industry for facilitating investments and growth in these sectors,” he added.
Directorate of Enforcement (ED) has conducted search operations at six locations in Telangana and Andhra Pradesh on 29.11.2023 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in connection with investigation regarding fraud in sanction of loans under Kisan Credit Card (KCC) to farmers for construction of fish tanks.
The Hyderabad City Police Commissioner, Sandeep Shandilya, has announced restrictions including closure of liquor outlets at the counting centers during the vote counting process.
A fire broke out in Sathupalli government Hospital of Khammam district. The fire broke out in the dialysis center of the hospital on Saturday, December 2, 2023. As a result, the patients who were being treated there ran out screaming in fear.
Election results in Telangana will be announced tomorrow (sunday), in this connection, YSRTP Chief Y.S Sharmila sent a variety gift to the Chief Minister K.C Chandrasekhar Rao. A suit case was sent as a gift to KCR saying bye-bye KCR.. The time has come to fix the KCR suitcase. Pack up KCR. Bye-bye KCR” she…
A car accidentally overturned near Buschinelli in Zaheerabad mandal of Rangareddy district. The police who inspected the scene were surprised to see 2 quintal packets of ganja in the car.