Hyderabad Small & Large scale Industries updates

[Gudavalli]

Source: http://www.thehindubusinessline.com/...ue&ref=wl_home

HYDERABAD APRIL 5:
Integrated textiles and branded apparel player Arvind Ltd plans to open 55 new outlets across the country this fiscal.

The company opened its fifth exclusive brand outlet in Hyderabad, the 20th in Andhra Pradesh, on Thursday.

Mr P.S. Rajiv, Head-Retail, said with the 55 new outlets, the distribution network of the company will rise to 100 by this fiscal.

“By 2013-14, we plan to scale it up to 140, with focus on tier III cities. By that time, nearly 70 per cent of our outlets will be in tier III cities,” he told Business Line here.

Andhra Pradesh will continue to be a focus area for the company, with nine more outlets in the pipeline in the State this fiscal.

Each store set up on the franchise model involves an average investment of between Rs 60 lakh and Rs 1 crore.

Mr Rajiv said the company is sharpening focus on its customised garments business. “Customers can give their own designs and fittings, which will be sent to our factory in Gujarat. We deliver the product within ten days,” he said.

This concept was picking up in the domestic apparel market, he added. Arvind has licensing relationships with several international brands such as Arrow, Izod, GANT, US Polo and the recent addition Energie.

[n_iceman]

Any idea what is the rate near Lahari Resorts or closer to patancheru. I want to buy land and build godowns. Also is there any kind of restriction for building godowns near outer ring road. Thanks in advance

[hyd28]

Check, it may be useful. This is a related info
http://www.skyscrapercity.com/showth...39973&page=210 #4192

[sriece19]

Prathista Industries, US varsity ink pact for tech transfer

HYDERABAD, JUNE 6:
The University of Tuskegee, Alabama, US and Prathista Industries have signed a memorandum of understanding (MoU) for transfer of technology in eco-friendly agri-based products.

A high-level scientific team from Tuskegee University, led by its President, Dr Gilbert L. Rochon, and Mr KVSS Sairam, CEO and President of the Hyderabad-based Prathista Industries signed the formal MoU here yesterday.

Prathista Industries has research facilities in Choutuppal on the outskirts of Hyderabad.

The company is into producing eco-friendly agri and veterinary products.

DISTINCTIVE STRENGTHS

Later, speaking at the meeting organised by the Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI), Dr Gilbert said that the university has distinctive strengths in the sciences, architecture, business, engineering and health.

He said agricultural industries account for more than $43 billion or about 22 per cent of the direct output of the Alabama economy.

Approximately 79 per cent of the US consumer food dollar goes to processing and marketing functions, with only 21 per cent going to farmers.

The team from Tuskegee University included Dr Gopal Reddy, Associate Dean for Research & Advanced Studies, Dr Shaik Jeelani, Vice-President for Research & Sponsored Programs. Dr Vijay Rangari, Associate Professor, Nanotechnology, presented various research activities at the university and possible areas of collaboration with Indian counterparts.

Mr Sairam of Prathista Industries, Mr Srinivas Ayyadevara, Vice-President, and Mr M.V. Rajeshwara Rao, Secretary General of FAPCCI also spoke.

[sriece19]

Mytrah Energy aims 500 MW installed capacity by March

HYDERABAD, JUNE 9:
Independent power producer Mytrah Energy Ltd is on course to increase the total installed capacity of the company's wind farm assets to 500 MW by March next.

“From about 250 MW of capacity installed across Maharashtra, Rajasthan, Gujarat and Andhra Pradesh, we will increase this to 400 MW over the next three to four months and this may go up past 700 to 800 mw by March 2013 if a favourable tariff structure is evolved in Andhra Pradesh,” Mr Ravi Kailas, Chairman and Chief Executive of Mytrah Energy, said.

In Andhra Pradesh, the company has an installed capacity of 60 MW of wind farms and is ready to develop another 200 MW by March next.

Of the expansion now underway, 150 MW capacity is at advanced stage.

Mr Kailas said the company has secured funding of about Rs 1,000 crore of equity and Rs 2,000-crore of debt from various lenders.

“This is adequate to see through the ongoing expansion plan,” he said.

In Andhra Pradesh, the spot purchase per unit is at over Rs 5 a unit. Therefore, it makes sense to have wind power plants considering their cost-saver advantage in the long-run.

The Central Electricity Regulatory Authority has approved a tariff of over Rs 5 per unit and States such as Maharashtra have revised twice with unit cost now at Rs 5.67.

India is adding about 3,000 MW of wind energy each year and there is potential to harness additional power from wind farms.

In Andhra Pradesh alone, there is potential to tap more than 10,000 MW, he said.

[sriece19]

Dacoits target industries, police clueless




Gangs of 15-20 persons beat up security guards, loot aluminium and copper materials

Here is a crime with a difference. The law-breakers come in groups of 15 or 20 persons in a truck, bash up the security guards, workers and tie them up at knife points and then load aluminium and copper tubes and wires into the truck and disappear. In five such attacks in the past one month, the hoodlums attacked five industries and scooted with aluminium and copper weighing 20,500 kg.

Rs. 3 lakh reward

The marauding criminals have so far managed to hoodwink the police and the worried industrialists have announced a cash prize of Rs. 3 lakh for any information leading to the busting of this industry.

D.R. Metals at Gaganpahad, Tirupati Metals at Katedan, SVS Wires at Jeedimetla, Cubex Tubings at Patancheru and Vartika Wire at IDA Nacharam were the targets of these attacks and in all the brigands escaped with stolen property worth Rs.1 crore, FAPCCI senior vice-president, Devendra Surana told a press conference here on Saturday. The intruders are believed to be scouting the premises during daytime and attack it in the early hours.

What is worrying the industrialists is the violence unleashed by the dacoits on workers and security guards. Wielding knives and firearms sometimes, they threaten and tie up the workers who are held hostage till the aluminium or copper bundles were loaded into their vehicle.

Those who tried to resist were beaten up so badly that some suffered fractures too, said Vaibhav Mutha of Vartika Wire. He said the offenders escaped with 9,000 kg of copper wire and enamelled copper wire worth over Rs.60 lakh from his company.

Mr. Surana said a spate of such incidents was causing problems in delivery of material to customers. “The situation is really grim as most industries are already facing several problems. We request the government to initiate action to prevent such incidents,” he said.

He suspected that the offenders could be melting the stolen copper and aluminium before selling it. The possibility of insiders' collusion also cannot be ruled out.

[sriece19]

Non-Andhra Pradesh microfinance institutions exhibiting signs of recovery: Microfinance Insitutions Network

HYDERABAD: Two years after the Andhra Pradesh microfinance crisis brought the microfinance sector to its knees, microfinance institutions (MFIs), especially those based outside Andhra Pradesh are showing signs of recovery, a report put out by Microfinance Insitutions Network (MFIN), a self-regulatory body of 46 RBI registered NBFC-MFIs, has claimed.

This, MFIN said, was despite the pan-India MFI borrower base shrinking 17% to around 22.77 million borrowers in 2011-12 from over 27.5 million borrowers in 2010-11, total loan disbursements falling 38% to around Rs 20,000 crore during 2011-12 from over Rs 32,629 crore in 2010-11 and gross loan portfolio nationally falling 15% to Rs 15400 crore from Rs 18157 crore.

MFIs outside AP are continuing to show steady growth both in terms of gross loan portfolio, which has increased by 22%, and disbursements that went up 5% during 2011-12, said MFIN MicroMeter, the first edition of MFIN's quarterly report, adding that write-offs by non-AP MFIs also came down by 45% during the period.

The report also claimed that repayments made by clients outside AP were steady at around 99% despite operational issues being faced by all MFIs, demonstrating resilience of the MFI sector and credit worthiness of its clients.

Commenting on the report, MFIN CEO Alok Prasad said that the data signaled a positive outlook for NBFC-MFIs. "While the pan-India indicators present a fairly negative picture of the state of the industry, a closer look at the data reveals trends that are promising. Investor confidence has grown with asset sales transactions doubling to Rs 3000 crore in the last fiscal even as 99% client repayment rates outside AP is the strongest sign of inherent strength of the industry. The future can only get better," Prasad said.

[Gudavalli]

Billionaire Rinehart Willing To Buy Back GVK Shares

Australian billionaire Gina Rinehart, who sold a majority stake in her Hancock Prospecting Pty’s coal projects to India’s GVK Group last year, said she is happy to buy back shares in the venture if it needs funds.
“I have told GVK I would love to be in the project more,” Rinehart told reporters on a visit to the southern city of Hyderabad, where she meet officials of the group.
GVK would prefer to sell stakes to companies it plans to supply coal to, she said. “They would like to bring in the market. So think I just need to wait.”
The Hyderabad-based company plans to raise $3.5 billion by December by selling stakes in a unit as well as in its Australian mines and rail and port projects in Queensland state, G.V. Sanjay Reddy, the vice chairman of GVK, said in June.
Foreign investors and banks have expressed an interest in the coal project, in which GVK owns a 79 percent stake and Hancock has 21 percent, said Rinehart, who is Asia’s richest woman. Her fortune is estimated at $18.4 billion by the Bloomberg Billionaires Index.
Revenue from the joint venture with GVK is important for Australia, Rinehart said.
Australia last month halted a federal environmental review of the $10 billion coal mine in Queensland’s Galilee Basin because of a disagreement with the state government.
GVK expects environmental approvals from Australia for the project to come through this quarter, Reddy told reporters in Hyderabad. The project is set to close in the first quarter of 2013, he said.
Authorities in Canberra halted the review of the project, which includes a thermal coal mine, a 495-kilometer (308-mile) railway line and expansion at the port of Abbot Point, on concern unchecked development of ports will damage the Great Barrier Reef.
GVK has provided all information to win environmental approval and expects to get the mining lease and all environmental clearances by September, Reddy said previously.
Shares (GVKP) of GVK Power & Infrastructure Ltd., the group’s listed unit, closed at 15.35 rupees on June 29, up 4.1 percent.

[Gudavalli]

Pressmart launches tablet-based education solution

Hyderabad: Online publishing provider Pressmart Monday announced the launch of MOCA (Mobile Learning Classroom Application), a paperless, tablet based end-to-end solution for schools.

The Hyderabad-based firm announced deployment of its application by La Salle Green Hills (LSGH), a school in Manila, Philippines. It also plans pilot projects in India, Singapore, Malaysia and Australia in the coming months.

MOCA allows school going children to access text books and worksheets in a digitized format in an Android-based tablet. The solution costs $100 for a year's education.

In Manila, where currently 80 per cent of the media are Pressmart clients, around 17 schools have adopted the service.

V. K. Torpunuri, chairman, Pressmart, told media persons that MOCA is based on a private cloud-based interactive education system aimed at making learning an interesting, enjoyable and collaborative experience on mobile devices.

The e-tablet initiative involving Pressmart MOCA consists of a five-phase implementation. The first, on-going, phase involves merely replacing textbooks with the tablet devices. MOCA will be sold in India at the price range of Rs. 4000 - Rs. 7000 for institutions.

Raghavan Madhabhushi, chief executive officer, Pressmart, said the firm plans to invest $1 million this academic year to develop the system in other markets, and to add 150 persons to the design team to expand the e-education service.

Pressmart also plans to launch solutions for life sciences and the healthcare industry, as well as more products to the digitization business, addressing smaller publishing houses.

The newer products are expected to contribute 50 per cent of the revenues in the coming one year. The company, however, declined to disclose its total earnings.

More than 600 publishers in 33 languages from 61 countries are currently using Pressmart's cutting-edge cloud based publishing technology.

[Gudavalli]

GVK's $10 bn coal project likely to get environment clearance

Hyderabad: GVK’s USD 10 billion-Alpha Coal Project is expected to get environmental clearance from Australian Government by the end of this month or early August, the Chairperson of Hancock Prospecting Group Pty Ltd, Georgina Hope Rinehart.

GVK paid USD 1.26 billion to buy the coal assets and related logistics infrastructure in Australia from Hancock through a group company GVK Coal Developers (Singapore) last year.

The Hancock project which is said to be the biggest integrated coal project includes three coal projects, a rail link and a port project.

The Australian Federal government last month raised some objections on the project even after the Queensland (state) government gave its approval last month.

The Federal government's concerns are on the likely impact the project could have on the region, especially on the Great Barrier Reef.

"It is normal after the state government environmental approval to get federally that?s the usual procedure. We are hopeful that by the end of this month or may be early August we may see that important approval," Rinehart told a press conference here last evening after the first ever board meeting of the Australian project.

"I have not seen in my lifetime any project getting held up in the approval process in Australia. This project with GVK is important for Australia and particularly for Queensland. It means some revenue and jobs for Australia. Particularly, Australia needs the revenue," she added.

GVK has invested in Hancock through family-owned entities with members of the family as core investors. GVKPIL, the group?s listed entity, has about 10 percent holding in the entire deal in lieu of assured coal supplies to its thermal power assets and also the guarantees extended by it to the debt the group would raise to fund the mega deal.

Replying to a query, Rinehart said she would be interested to raise her state in the project from the current 21 percent.

GV Sanjay Reddy, Vice Chairman of GVK Power and Infrastructure, who was present during the press meet said the financial closure for the USD 10 billion project is expected to complete by March next year.

“We expect to tie up finances for the project by first quarter of the next calendar year," Reddy said.

"For typical coal mine like this, we are targeting 30 percent equity (and 70 percent debt). For railway and port, both are dependent on the cash flow you receive. So there we may go for between 15 and 20 percent equity. Out of the total cost of USD 10 billion, banks will fund around USD 7.5 billion to USD 8 billion," he added.

[Gudavalli]

Mahindra Satyam appoints Edward Pretty as chairman for Australia, New Zealand

HYDERABAD: IT company Mahindra Satyam today said it has appointed Edward 'Ted' Pretty as the Chairman for its Australian and New Zealand operations.

Pretty will also support the company's Asian region for telecom business expansion, Mahindra Satyam said in a statement.

He will drive the strategy for Mahindra Satyam and Tech Mahindra across network engineering and operations, business intelligence and analytics, cloud, mobility and security, the company added.

"Ted joins us at a time when the industry is poised to transform. We look forward to benefit from his experience, leadership," Mahindra Satyam Senior Vice President Rohit Gandhi said in the statement.

Prior to joining Mahindra Satyam, Ted has held senior positions in firms such as Optus, Telstra, Fujitsu, Visy and RP Data.

He is currently non-executive director of data centre provider NextDC and Chairman of online and digital media adviser CMB Capital and SiteTour, the statement said.

"It will be my objective to ensure that our clients see and experience the business benefits that Mahindra Satyam - Tech Mahindra technology and processes can deliver across the IT&T, financial services, industrial, e-Government and health sectors in particular," Ted said.

Mahindra Satyam is part of the USD 15.4 billion Mahindra Group which employs more than 144,000 people in over 100 countries.

The company has IT solutions development and delivery centres Australia as well.

[Gudavalli]

Gameshastra sells studio to Disney Interactive Media Group

The game studio provided the back-end of the popular Disney game called Gardens of Time on Facebook.

Hyderabad-based gaming company Gameshastra has sold one of its studios to Disney Interactive Media Group. The studio was providing back-end support for the popular Disney game, Gardens of Time, on Facebook. Although the financials of the deal were not available as of now, the deal was closed in the second half of May this year.

In Gardens of Time, the player uses a time machine to locate hidden objects throughout history and protect the world from evil forces. It was conceptualised and developed by Gameshastra and presented to Disney for approval in early 2011. Once approved, the game was developed and delivered to Disney and it went on to become the top game on Facebook, according to Gameshastra.

Although Disney owned the game, one of Gameshastra’s studios was still handling the development work for the game, like providing upgrades for Playdom, the social games product group of Disney Interactive Media Group. Hence, Disney approached the company and acquired that studio, which had started its operations in the first half of 2011 in Hyderabad and had a team size of 45.

At the time of acquisition, the studio was solely focused on Gardens of Time. Post-acquisition, the studio is no longer a part of Gameshastra and instead reports to Playdom, a wholly owned subsidiary of The Walt Disney Company and part of the Disney Interactive Media Group. This means the team is not part of Indiagames, the digital gaming unit of UTV, which is controlled by Disney. Indiagames is one of the top digital gaming firms in the country.

Gameshastra continues to manage a few more studios that develop games on a third-party basis for Sony, Disney, Activision and Ubisoft as well as on its own. Some of the working titles include Bee Wars, Cart Kings and Don 2. The company, founded in 2006, has Prakash Ahuja as its CEO. It initially offered gaming services to international studios, but over a period of time, it also started developing its own IP. The company claims to be profitable as of now.

[Gudavalli]

Dr Reddy’s posts fastest growth to cross $2b mark

Over-the-counter drug portfolio grows to 10% of total business
Dr Reddy’s Laboratories may have backed out of its earlier projection to tap the $3 billion revenue mark by 2013, but now the drugmaker is betting big on its growth story and says it is the fastest company to cross the $2 billion revenue within four years of clinching the $1 billion mark.

Expecting a positive outlook for the next year as well, with the North American markets and emerging markets aiding the growth, chairman K Anji Reddy in the annual report said, aided by the launch of Olanzapine, strong growth in biosimilars segment and the Japan foray saw the company notching a 30 per cent growth in revenues (Rs 9,670 crore) and a 45 per cent its net profit (Rs 1,530 crore) in FY12

Going forward, the drugmaker hopes in the next five years ‘pharmerging’ countries that include the likes of China, Brazil, India, Russia, Mexico, Uk*a*raine Turkey, Poland, Ve*n*e*zuela and South Africa, Egypt could contribute th*e largest growth.

It is estimated that these countries together are expected to take two-thirds of the incremental generics revenues in the next five years with the generics spending expected to be around $400 billion by 2015.

Interestingly, the over-the-counter drug portfolio for the company grew significantly at 10 per cent of the total business, at $200 million, growing by 75 per cent over the previous year.

While Biosimilars continue to take a portion of the company’s future growth story, Dr Reddy’s also hopes could soon enter in developed markets, apart from the presence in 13 emerging markets it now has. There are four products in the kitty with filings in 20 new countries. Meanwhile, their tie-up with Fuji film and the eventual foray into the Japan market will have the products coming in the next three to four years.

The chairman said Japan is the second largest pharmaceutical market with the low generics penetration of around 28 per cent as against 70 per cent in the US. Also limited competition generic launches had, which the company thinks could help them achieve a sustainable growth, contributed 10 per cent of total revenues in FY12, would continue to be the focus.

[deepakhearthacker]

Originally Posted by Gudavalli

Dr Reddy’s posts fastest growth to cross $2b mark

wow awesome

[Gudavalli]

NCL Industries MD wins HMA award

HYDERABAD, JUNE 29:
Mr K. Ravi, Managing Director of NCL Industries, has been selected for the ‘Entrepreneur of the year award 2012’, by the Hyderabad Management Association (HMA). He was presented with the award at the HMA Annual awards event by the State Minister for Civil Supplies, Mr D. Sridhar Babu.

NCL Industries is into manufacture of cement, ready mix concrete, cement particle boards and prefab structures as well as hydro power.

Mr D Shivakumar, Senior Vice-President and Country Head, Nokia Corporation, India, Middle East & Africa, was the Guest of Honour at the function.

[Gudavalli]

Mahindra Satyam in talks to buy European aerospace engineering firm

HYDERABAD: IT services provider Mahindra Satyam is in discussions to acquire an aerospace engineering firm in Europe. The acquisition is part of a larger plan by the company to improve its offerings in engineering services, and in the healthcare and financial services verticals.

Satyam is likely to finalise the transaction in a couple of months, said two senior company officials, without providing more details. Currently, around 4,500 employees provide engineering services, of whom 1,000 specialise in aerospace engineering.

Mahindra Satyam CEO CP Gurnani responded to an ET query about the potential acquisition, saying it was "totally speculative."

"We are in the market for acquisitions, but we have nothing on the plate right now," he said.

An aerospace acquisition will also help Mahindra & Mahindra to strengthen its foothold in aeronautics. The engineering services division of IT companies help aircraft manufacturers design aircraft using embedded software systems that ensure a high degree of accuracy. Mahindra Satyam and companies such as Infotech Enterprises and Tata Consultancy have in particular developed expertise in this area. Software industry grouping Nasscom estimates the annual business potential from engineering services at $4 billion.

"We (Mahindra Satyam) intend to complete two acquisitions by the end of the year. We would also be looking at BPO businesses," said a company official. He said leaders from various business units have been asked to submit proposals so management can evaluate them.

Mahindra Satyam could spend close to Rs 800 crore on these two acquisitions, he added. The company had a cash balance of a little over Rs 3,000 crore at the end of March.

"Airbus and Boeing are coming out with new aircraft-the A 320 Neo and 737Max. There are also manufacturers such as Pratt and Whitney that are launching new models every year. These programmes run for years and there is opportunity waiting to be tapped even in high-precision designing and numerical control tools for component manufacturers," said K Ashok Kumar, an independent consultant and former chief technology officer at Infotech Enterprises.

[Gudavalli]

Hyderabad Industries quoting ex-dividend

Hyderabad Industries board of directors in their meeting held on May 01, 2012 has recommended a final dividend at 125% being an amount equivalent to Rs. 12.50 per share of Rs 10 each.

Hyderabad Industries board of directors in their meeting held on May 01, 2012 has recommended a final dividend at 125% being an amount equivalent to Rs. 12.50 per share of Rs 10 each, in addition to the interim dividend at 60% being an amount equivalent to Rs 6 per share declared on January 24, 2012 and already paid by the Company for the financial year 2011-12, for the consideration and approval of Shareholders at the ensuing 65th Annual General Meeting of the Company.

Hyderabad Industries touched an intraday high of Rs 415.10 and an intraday low of Rs 407.55. At 11:01 hrs the share was quoting at Rs 411.80, down Rs 12.75, or 3.00%.

It was trading with volumes of 1,908 shares. In the previous trading session, the share closed down 0.68% or Rs 2.90 at Rs 424.55.

The company's trailing 12-month (TTM) EPS was at Rs 67.82 per share. (Mar, 2012). The stock's price-to-earnings (P/E) ratio was 6.07. The latest book value of the company is Rs 452.83 per share. At current value, the price-to-book value of the company was 0.91. The dividend yield of the company was 4.48%.

[Gudavalli]

Keste sees $2-mn revenues from Hyd centre

Keste, a Texas-based provider of Oracle software solutions and development company, expects revenues from its India development centre (IDC) in Hyderabad to exceed $2 million (approximately Rs 11 crore) this year, as against $1.5 million in 2011, according to president and chief executive Howard Moore.

“The growth will be primarily driven by the increasing IT work being outsourced from the US to India,” he told mediapersons here on Thursday.

To develop in-country and regional business, the company is planning to invest $2.5 million to expand its existing facility and grow the current headcount of 75 at the IDC to 150-odd through 2013. Keste houses just over 140 employees at its US facility.
“We service 100 customers globally, including in West Asia and South Asia where the market is actually emerging, even as we continue to serve the US as well. While we currently have 10 customers in India, we have an internal target of having a clientele base of 20 in India within a year,” said Sri Mereddy, director, IDC.

Stating that the financially-independent, internally-fuelled company had a controlled growth, Keste’s chief financial officer Kenneth J Judd said that the company’s global revenues stood at $27 million last year and was expected to have a little bit of slower growth in revenues at $30 million this year.

“While telecom and hitech account for 50 per cent of our revenues, the remaining is evenly distributed among industrial, manufacturing, life sciences, energy and retail verticals,” he said.

[Gudavalli]

Hyderabad based Prime Hospitals introduces first ever electronic balloon based ablation for cardiac arrhythmias

The Hyderabad based Prime Hospitals has introduced first ever electronic balloon based ablation for cardiac arrhythmias (Ventricular Premature Contractions) in patients.

The latest treatment therapy is introduced to treat patients suffering from Unifocal Ventricular premature contractions (PVCs). This is performed by doing a 3D mapping of the heart and localizing the focus from where the abnormal heart beat is originating. Once the focused area of aberration in the heart is identified, it can be burnt utilizing controlled radio-frequency energy.

A team led by cardiac specialist, Dr JayakeerthiRao, performed an electrophysiology study utilizing 3D mapping technology before treating a patient Mohammad Amjad Ali who was suffering from severe PVC problem. Under fluoroscopic guidance, a wire was passed into the pulmonary artery and using this for support, the EnsiteArray balloon was passed over it and positioned in the area of interest which was the outflow portion of the right ventricle from where the PVCs were arising as per the ECG evidence. A7Fr4mm ablation catheter was also introduced into the RVOT near the balloon and a 3D map was created. Upon identifying the appropriate site a burn is directed at the location and within seconds of ablation the PVC disappears.

It is believed that if the entire population is monitored for 24 hours at least 50 per cent would have been diagnosed with PVC at some point of time. But doctors say less than two per cent have more than 50 PVCs per 24 hours. If people suffering from severe PVC problems are not treated in time it may lead to severe stroke or heart attacks.

“The new technology used for treating PVCs uses a similar kind technique as that is analogous to the GPRS system. This new method observes the path of the heart beat to track the source of arrhythmias. There are 64 electrodes on the balloon which will be observing impulses from 3000 points in the heart. Before burning the source of problem, the balloon tracks the exact point where the energy is to be applied,” explained Dr Raghu, spokes person from Prime Hospital.

There is also a risk in this kind of treatment. If there is any error in identifying the source of problem then burning a different spot in the heart may lead to heart disorders and it may even lead to heart attacks. But on the positive side the electrophysiological study and radio frequency ablation has the potential for single shot cure. With improved mapping techniques the risk is can significantly reduced and the procedural success can be very high.

According to sources, the cost of the entire treatment ranges from Rs. 3 to Rs. 3.5 lakhs. The best part in this kind of treatment is that, the patient can have a speedy recovery and can be discharged within three days.

[sriece19]

Ramky to set up industrial park in AP

HYDERABAD, JUL 15:
Ramky Group is setting up a multiproduct industrial park in Nalgonda district of Andhra Pradesh with an investment of Rs 1,000 crore, a top official of the city based infrastructure major said.

“It is similar to Pharma city (in Visakhapatnam). However, it will have multi products instead of one single product. It required an investment of Rs 1,000 crore and the project has the capacity to attract investments to the tune of Rs 30,000 crore,” Ramky MD, Mr Goutham Reddy, told PTI.

“We may raise Rs 90 crore as debt and most of the investment will come from internal accruals,” he added.

Currently the project proposal is with the Ministry of Environment and Forest for clearance, Mr Reddy said.

Ramky Group signed an MoU with Government of Andhra Pradesh during Partnership summit held earlier this year to set up Ramky Multiproduct Industrial Park.

According to the report submitted to the MoEF, the total land of 4,000 acres has been proposed to develop the industrial park in two phased (of 2,000 acres each).

Industrial segments like pharma and bio—tech industry, textile and garmenting, non classified mixed industries, knowledge and speciality chemicals, food processing and 300 MW (multi fuel) thermal power plant are proposed in the park.

Around 30 per cent of total area will be earmarked including 20 percent for industrial segments and 10 per cent for residential, commercial and roads including boundary of the park.

The MoEF ordered the company to conduct a public hearing and submit Environmental Management Plan.

“Public hearing to be conducted for the project as per provisions of Environmental Impact Assessment Notification, 2006 and the issues raised by the public should be addressed in the Environmental Management Plan,” the Ministry said in its comments.

Mr Reddy said it is expected to complete the phase—I in 2—3 years and public hearing will be conducted in three months’ time as consultants are working on that.