J.P. Morgan Invests $110M In Soma Group

J.P. Morgan Asset Management is investing $110 million or around Rs 500 crore in Hyderabad-based Soma Group (Rajendra Prasad Maganti, Managing Director), which is involved in construction and development of infrastructure projects in the transportation, hydel power and water resource sectors.
J.P. Morgan, which raised an $860 million Asian infrastructure fund last year, will invest in the company in two tranches, as per this report. SRGR Law Offices advised Soma while Amarchand & Mangaldas advised JP Morgan, the report has stated, quoting one of the legal partners involved in the deal.

-mail queries and phone calls to reach out to Soma Group and J.P. Morgan spokesperson did not elicit any response till the time of posting this story.

Although the specifics of the investment cannot be determined, it may have been done for the funding of Soma’s highway projects unit, which holds its portfolio of BOT (build, operate, transfer) projects in the highways and road sector. Earlier reports had stated that the firm was looking to raise fund for Soma Highway (Toll) Projects Pvt Ltd.

Soma is currently executing nine national highway projects under different Special Purpose Vehicles (SPVs).

Soma Enterprises Ltd, the group’s flagship, is promoted by Rajendra Prasad Maganti and it raised Rs 191 crore from 3i Infrastructure Fund in November 2007. The company started out with irrigation projects and further expanded into areas like tunnelling, roads and hydropower. The company is currently executing projects in various states including Andhra Pradesh, Maharashtra, Tamil Nadu, Punjab, Kerala and Assam

Comments

List of Kamma MLAs elected to The Tamilnadu Assembly 2021

Thalapathy 1) Kadambur Raju (AIADMK) Kovilpatti 2) Dr.A R Raguraman (MDMK) Sattur 3) A R R Seenivasan (DMK) Virudhunagar 4) G Thalapathy (DMK) Madurai - West 5) P R G Arun Kumar (AIADMK) Coimbatore 6) M K Mohan (DMK) Anna Nagar 7) P K Sekar Babu (DMK) Chennai - Harbour 8) A C Vilvanathan (DMK) Ambur 9) A P Nanda Kumar (DMK) Anaikattu

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 Kum...

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)...

List of Kamma MLAs and Ministers in Tamilnadu

Kamma MLAs in Tamilnadu Assembly 1. K.GOPALSAMY, Rajapalayam - AIADMK 2. T. K. M. CHINNEYAH, Tambaram - AIADMK 3. MANOHARAN.R, Tiruchirappalli (East) - AIADMK 4. RAMANA B.V, Thiruvallur - AIADMK 5. KADAMBUR RAJU.C, Kovilpatti - AIADMK 6. CHINNASAMY.R, Singanallur - AIADMK 7. SEKAR C.H, Gummidipoondi - DMDK 8. P.SIVAKOLUNTHU, Panruti - DMDK 9. P.R.MANOKAR, Sholingur - DMDK 10. SUNDARRAJAN.R, Madurai (Central) - DMDK 11. VENKATESAN.L, Tirukkoyilur - DMDK 12. PARTHA SARATHY.B, Virugampakkam - DMDK Kamma Ministers in Jayalalitha Cabinet 1) T.K.M Chinnayya: Minister for Backward Classes and Environment 2) B.V Ramana: Minister for Handlooms and Textiles

Kamma MLAs and Ministers in Tamilnadu Assembly

List of MLA's in the present Tamilnadu Assembly : 1. Arcot Veeraswamy (Anna Nagar/Chennai - DMK) 2. B.Ranganadhan (Villivakkam/Chennai - DMK) 3. D.Sudarsanam (Punamallee/ Kanchipuram - Cong-I) 4. Korrapati S Vijayakumar (Gummadipundi/Chennai Suburban - AIADMK) 5. L.Radha Krishnan (Kovilpatti - AIADMK) 6. K.Pandurangan (Anicut/Vellore - AIADMK) 7. R.Gnanadoss (Sivakasi - MDMK) 8. Chinaswamy (Singanalluru - AIADMK) Kamma Ministers in the present Tamilnadu Assembly: 1. Arcot N. Veerasamy, Minister for Electricity and Rural Industries

List of Kamma Lok Sabha members from Tamilnadu (1952 - 2014)

R Prabhu 5 times MP and Ex.Central Minister 1st Loksabha 1952 1) Pollachi G Rangaswami Damodaran Congress 2nd Loksabha 1957 1) Cuddalore T.D. Muthukumarasamy Naidu CRC 2) Pollachi P.R. Ramakrishnan, Congress 3rd Loksabha 1962 1) Coimbatore P.R. Ramakrishnan, Congress 2) Cuddalore T.D. Muthukumarasamy Naidu DMK 3) Tiruvallur V. Govindasamy Naidu ...

List of Kamma Cine Heroes (Updated)

List of Kamma Movie stars: 1) Nandamuri Taraka 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 (Mutyalamuggu fame) 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...

Telugu TV Channels own and run by Kammas

1) ETV - Cherukuri Ramoji Rao 2) Gemini - Akkineni Manohara Prasad (Founder and stake holder) 3) MAA - (MAA - Music, MAA Movies) Nimmagadda Prasad, Akkineni Nagarjuna (Majority stake holders - Then sold to Sony) 4) TV9 - Velicheti Ravi Prakash, minority stake holder holds the grip 5) ETV2 - Cherukuri Ramoji Rao 6) TV 5 - Bollineni Rajagopala Naidu 7) NTV - Tummala Narendranath chowdary 8) Studio N - Narne Srinivasa Rao, sold to SivaramPrasad Vasireddi 9) Mahaa TV - Inaganti Venkatarao now taken over by Sujana Chowdary 10) I News - Tummala Narendra and Sabbineni Surendra (sold to Kiran Kumar Reddy) 11) ABN Andhra Jyothi - Radhakrishna Vemuri 12) Bhakti - Tummala Narendranath Chowdary 13) Vanitha - Tummala Narendranath Chowdary 14) ATV - Anil Sunkara 15) CVR News - Chalasani Venkateswara Rao 16) CVR Health - Chalasani Venkateswara Rao 17) Om TV - Chalasani Venkateswara Rao 18) YTV - Yalamanchili Venkateswara Rao (Aired from Vizag) 19) Express ...

LIFE SKETCH OF Dr.V.GENGUSWAMY NAIDU

Dr.V.GENGUSWAMY NAIDU is the only son of the blessed couple Sri.K.VENKATASUBBA NAIDU and Smt.V.LAKSHMI AMMAL, born on04.10.1931 at PETHAPPAMPATTI VILLAGE, Udumalpet taluk, CoimbatoreDistrict in Tamil Nadu. He studied Business Management Technology at PHILADELPHIA Institute of Technology, U.S.A. He married Srimathi.RAJA LAKSHMI, daughter of Sri.G.V.GOVINDA SWAMY NAIDU. The industrial magnet of UDUMALPET. Dr.V.GENGUSWAMY NAIDU was conferred the Doctor of Literature on 25.05.1989 by the Pondicherry Central University for his outstanding contributions as Entrepreneur Practical Educationist and shrewd Academician. He has philanthropic nature extending service for the uplift of downtrodden in various ways. He is no doubt a multidimensional personality. He has set up Paper and Textile Mills, opened innumerable schools all over Tamil Nadu. He is the father of TAMILNADU KAMMA NAIDU MAHAJANA SANGAM . He promoted sports and games, rendering service as head ...

Kamma IPS officers

Kamma IPS officers (Past and Present) 1. Pendurthi S.Ramamohana Rao 2. Kommareddi Ramamohana Rao 3. K.V.Appa Rao 4. P.D.Koteswara Rao 5. Chirumamilla Venkata Narasaiah 6. Prattipati Gowtham Kumar 7. Mandava Lakshmi Narayana 8. K.Sadasiva Rao 9. Yendluri Anil Kumar 10. P.S.Prasad 11. C.R.Naidu 12. N.V.Surendra Babu 13. Jasti Venkata Ramudu 14. Boyapati Dinakar Prasad 15. Chadalawada Umesh Chandra 16. Maganti Kantha Rao 17. Goduguluri Srinivasa Rao 18. Ammineni. R. Srinivasa Rao 19. Kode Durga Prasad 20. Mannam Malakondaiah 21. Aluri Venkateswara rao 22. P. Appa Rao 23. Mandava VishnuVardhan Rao 24. Alluri Srinivas (DIG-CRPF) 25. Muvva Chandra Sekhar 26. M.Punna Rao 27. Athota Malakondaiah 28. Thummala Vikram 29. E.Damodar 30. Parvathaneni Sai Prasad 31. Chitturi Prasad 32. Kalluri Siva Rama Prasad 33. Dr.K Ramachandra Rao (IGP - Karnataka) 34. M.V.Rao 35. Kondaveeti Rajendra Kumar 36. Pullela Murali Mohana Rao 37. ...

Kammas World

Search This Blog