Coastal Projects buys 26 per cent in Italy's SELI for Rs.108 crore

Coastal Projects Limited (Surendra Sabbineni, Managing Director) has acquired a 26-per cent stake in Societa Esecuzione Lavori Idraulici S.p.A (SELI) of Italy, for around 17.85 million euros (approximately Rs108 crore).

SELI, one of the world's most experienced tunneling contractors, has established operations across the world, including India.

Hyderabad-based Coastal Projects, a civil engineering and construction firm, specialises in tunneling and underground excavation for hydro-electric, irrigation, rail, road and mining projects. The company has successfully completed more than 75 km of tunneling work and has 250 km under execution at present.

SELI also designs and builds hard rock and soft ground tunnel boring machines and auxiliary equipment at its manufacturing facility located in Italy.

SELI has completed more than 520 km of tunnels with the use of mechanised excavation systems and has completed 68 projects around the world.

Coastal Projects and SELI will also work together in South Asia, especially India, in view of the large construction and development works currently in progress and expected shortly in these countries. Both parties expect considerable business opportunities for their expertise With increased use of tunnel boring machines in a number of tunneling projects in India, Coastal Projects expects to benefit from its association with SELI.

Coastal Projects already owns three TBMs in India and SELI's know-how and global expertise in operations and manufacturing of these machines will be a key factor in the company's bidding and execution of projects.

Costal Projects is one of the pioneers and specialists in underground excavation in the country covering civil construction of hydroelectric projects, underground powerhouse complexes, shafts, rail tunnels, water carriage tunnels and road works.

The company, with a turnover of over Rs1,300 crore, has current orders of over Rs7,500 crore.

The company is backed by prominent global private equity investors such as Barings, Sequoia Capital, Fidelity and Deutsche Bank.

Comments

Jr NTR's engagement with 18-year-old Narne Lakshmi

Junior NTR (27) will get engaged with one Narne Lakshmi Pranathi . Narne Lakshmi Pranathi is daughter of TDP chief N. Chandrababu Naidu's niece Narne Mallika and Narne Srinivasa Rao owner of 'Studio N' TV channel. The engagement will be held in last of Feb 2010, sources said. Interestingly, Narne is just 18-year-old and class 12th student of Nazar Junior College of Hyderabad.

Kamma Cine Heroes

1) N.T.Rama Rao 2) Akkineni Nageswara Rao 3) Gattamaneni Krishna 4) Sobhan Babu (Uppu Sobhana Chalapathi Rao) 5) Gummadi Venkatwsara Rao 6) Maganti Murali Mohan 7) Manchu Mohan Babu 8) Kongara Jaggayya 9) Giri babu (Yerra Seshagiri Rao) 10) Sridhar Surapaneni 11) Madala Ranga rao 12) Nandamuri Bala Krishna 13) SaiChand Tripuraneni 14) Akkineni Nagarjuna 15) Daggubati Venkatesh 16) Gadde Rajendra Prasad 17) Raja Sekhar (Kasukurthi) 18) Daggubati Raja 19) Bhagya Raj 20) Nandamuri Hari Krishna 21) Veeramachineni Jagapathi Babu 22) Meka Srikanth 23) Vadde Naveen 24) Tottempudi Venu 25) Gattamaneni Mahesh Babu 26) Junior. N.T.R 27) Sivaji Sontineni 28) Nandamuri Taraka Ratna 29) Nandamuri Kalyanaram 30) Yarlagadda Sumanth 31) Tottempudi Gopi Chand 32) Manchu Vishnu Vardhan 33) Manchu Manoj 34) Edara Naresh 35) Edara Aryan Rajesh 36) Ram Pothineni 37) Myneni Sarvanand 38) Daggubati Rana 39) Akkineni Naga Chaitanya 40) Nani (Ghanta Naveen Kumar) 41)

List of 30 Kamma Billionaires and rankings

The IIFL Wealth Hurun India Rich List 2021 shows that India has more than 1,000 individuals who have a net worth of ₹ 1,000 crore or more across 119 cities. The cumulative wealth in the country has gone up by 51 per cent, while the average wealth has also increased by 25 per cent, the report by Hurun India said. 30 Kamma business and industrialists finds place in the list from AP, Tamilnadu, Karnataka and Maharashtra. 14. Murali Divi Rs76,000 crores Divis Laboratories 179. Venkateswarlu Jasti 9,600 crores Suven Pharma 190. Veeraiah Chowdary Nannapaneni 9,100 crores NATCO Laboratories 209. Chava Satyanarayana 8,400 crores Laurus Labs 264. Satya Nadella 6,200 crores Microsoft 368. Mandava PrabhakaraRao 4,300 crores Nuziveedu seeds 377. Ella KrishnaMurthy 4,100 crores Bharat Biotech 384. Doppalapudi Bhaktavatsala Rao 4000 crores Privi Speciality Chemicals 398. Galla Ramachandra Naidu 3,900 crores Amara Raja Batteries 398. Chinta VisveswaraRao 3,900 crores Navayuga Engineering 409. Ma

K. Damodharasamy Naidu Doyen of Tamilnadu hospitality industry

K. Damodharasamy Naidu (1926 - 21 November 2006) was freedom fighter and founder and chairman of the Sree Annapoorna Sree Gowrishankar Group born in Peedampalli village near Coimbatore. The Annapoorna chain was started in the early 1960s by K. Dhamodarasamy Naidu as a catering unit in Kennedy movie theater in R. S. Puram, Coimbatore. Later a coffee house was set up and run by Naidu and his three brothers K. Rangaswamy Naidu, K. Ramaswamy Naidu and K. Lakshmanan. It offered coffee, tea and tiffin items. In 1968, they opened a vegetarian restaurant under the name "Sree Annapoorna". The business grew as more restaurants were opened in many locations in Coimbatore. In 1980, a lodging hotel was opened. Currently the Annapoorna group has more than 16 restaurants in Coimbatore and in other cities of Tamil Nadu. It also operates other businesses like kitchen equipment manufacturing, construction, instant food mix production and bottling beverages. He entered the food b

Kamma Movie Directors

List of Kamma Movie Ditrectors 1) Gudavalli Ramabrahmam 2) Akkineni Lakshmi Vara Prasad (LV Prasad) 3) Kovelamudi Bapayya 4) Veeramachineni Madhusudhana Rao 5) Kovelamudi S.Prakasa Rao 6) Kolli Pratyagatma 7) G.Sambasiva Rao 8) Tammareddy Krishnamurthy 9) Mannava Balayya 10) Tatineni Prakasa Rao 11) Tatineni Rama Rao 12) Tatineni Prasad 13) Kovelamudi Raghavendra Rao 14) Gutta Ramineedu 15) Kolli Hemambaradhara Rao 16) Uppalapati Visveswara Rao 17) Tripuraneni Maharadhi 18) Tripuraneni Gopichand 19) Tottempudi Krishna 20) Madala Ranga Rao 21) Siva Nageswara Rao 22) Uppalapati Narayana Rao 23) P.Sarat 24) A.Mohan Gandhi 25) Bezawada Gopal 26) T.Kranthi Kumar 27) Maganti Vijaya Bapineedu 28) Tammareddy Bharadwaj 29) Akkineni Kutumba Rao 30) K.Vasu 31) Edara VV Satyanarayana 32) Muppalaneni Siva 33) Yalamanchili VS Chowdary 34) Theja Jasti 35) Sreenu Vytla 36) Koduri Srisaila Sri Rajamouli 37) Vemulapalli Srikanth 38) AS Ravikumar Chowdary 39) Kod

Kamma High court and Supreme court Judges Past and Present

1) Justice Ramineni Kousalendra Rao: Advocate General Nagapur Hight court 1946 and Judge Madhya Pradesh High Court1949. 2) Justice K. Veeraswamy: Chief Justice Madras High Court 3) Justice A Alagiri Swamy: Judge Madras High court and Judge Supreme Court 4) Justice V.Ramaswamy: Judge Madras High Court and Chief Justice of Punjab and Haryana High Court and Judge Supreme Court 5) Justice G Ramanujam: Judge Madras High Court 6) Justice Davuluri Munikannaiah : Judge AP High Court 7) Justice Avula. Sambasiva Rao: Judge and Chief Justice of AP High Court 8) Justice Challa. Kondaiah: Judge and Chief Justice of AP High Court 9) Justice Konamaneni Amareswari: Judge AP High Court 10) Justice P.A.Choudary: Judge AP High Court 11) Justice Polavarapu. Rama Rao: Judge AP High Court 12) Justice A.V. Krishna Rao: Judge AP High Court 13) Justice Chintamaneni.S.R.K. Prasad: Judge AP High Court 14) Justice Gogineni. Radhakrishna Rao: Judge AP High Court 15) Justic

A road named after Veerasamy Naidu in Singapore

Veerasamy Road - Little India/ Singapore Veerasamy Road was renamed twice in its history; it was originally called Inche Lane, and was renamed Jalan Tambah in 1910. In 1927, the road was renamed again as Veerasamy Road, in honour of Dr N. Veerasamy Naidu (1865-1926), one of Singapore’s first Indian doctors and a leader in the local Indian community. Dr N Veerasamy Naidu was born in 1864. He was the son of Narayanasamy Naidu and Ramanuja Ammal. He learned Tamil from the age of four from his grandfather, Kuppusamy Naidu. He studied English at the Raffles School in Singapore and first worked at the lawyer’s office of Mr Cook. Unsatisfied in his job and drawn to the study of medicinal herbs, he decided to pursue an education in medical science and eventually worked in a hospital owned by Govindasamy Naidu. He set up his own clinic called Indian Dispensary in Rochor Road and derived effective scientific and traditional treatments for a variety of new diseases. He was the President

MR Doreswamy Naidu nominated to the Karnataka Legislative Council

MR Doreswamy Naidu nominated to the Karnataka Legislative Council on Monday took oath of office. M R Doreswamy Naidu (Native of Chittor District) is a known name in the field of education. He is founder chairperson of PES Education Institutions. He runs a chain of institutions including 30 colleges.“Undoubtedly my contribution to the field of education has been recognised. For the last three-and-a-half decades I am in education field. Though I am not associated with the BJP, I have RSS background. My association with Yeddyurappa and other leaders is 35 year old" he said.

Richest man in Andhra Pradesh

It is neither Reddy nor Raju. It is only Kamma .. According to the Forbes magazine, Lagadapati Madhusudhan Rao ( 41 ) is the richest person in Andhra Prades h stands at No- 33 among the richest persons in India . Also he is the youngest in the list, there is no Andhrite in the list. Lagadapati Madhusudhan Rao is the Chairman - Lanco Infratech Ltd , the Hyderabad-based diversified group. His net worth is 1.9 billion dollars., ahead of Vijay Mallya, N.R. Narayana Murthy. Divi Murali of Divi's Lab is narrowly missed the berth in the list. Murali, best of luck next year..

Kamma MLA and MPs (Andhra Pradesh)

Kamma MLAs in AP Assembly: 1. Velagapudi Ramakrishna Babu Vizag TDP 2. Pendurthi Venkatesh Rajanagaram TDP 3. Vegulla Jogeswara Rao Mandapeta TDP 4. Burugupalli Sesha Rao Nidadavolu TDP 5. Chintamaneni Prabhakar Denduluru TDP 6. Kodali Venkateswara Rao Gudivada TDP 7. Dasari Balavardhana Rao Gannavaram TDP 8. Yalamanchili Ravi Vijayawada PRP 9. Devineni Umamaeshwara Rao Mylavaram TDP 10. Nadendla Manohar Tenali CONG 11. Dhulipala Narendra Ponnuru TDP 12. Kommalapati Sridhar Pedakurapadu TDP 13. Pattipati Pulla Rao Chilakaluripet TDP 14. Yaraparineni Srinivasa Rao Gurajala TDP 15. Gonuguntla VSR Anjaneyulu Vinukonda TDP 16. Gottipati Ravi Kumar Addanki CONG 17. Daggubati Venkateswara Rao Parchur CONG 18. Kurugundla Ramakrishna Venkatagiri TDP 19. Galla Aruna Kumari Chandragiri CONG 20. Nara Chandrababau Naidu Kuppam TDP 21. Gali Muddukrishnama Naidu Nagari TDP 22. Payyavula Kesav Uravakonda TDP 23. Paritala Sunitha Raptadu TDP 24. Konka Meenakshi

Kammas World

Search This Blog