Kammas World

A Meka Dredging – Amma Lines Joint Venture (JV) (Meka Vijay Papa Rao - Chairman, Meka Group and Amma lines) was recently awarded the annual maintanence dredging contract at Cochin Shipyard Ltd, Kochi from 2009 – 2012. The shipyard, which is currently building India’s indigenous aircraft carrier, awarded the consortium the contract after a tender process which involved several dredging contractors participating. “It is a very prestigious project especially with the construction of the first indigenous Aircraft carrier being constructed at CSL, which is close to every Indian’s heart”, says Dr Meka Vijay Paparao, Chairman of the Meka Group.

Coimbatore, May 18 For Mr G.K. Sundaram (affectionately known as GKS among friends and admirers), May 17 was no different from others though it happened to be his last. The 96-year-old doyen of the Indian textile industry performed his usual chores, had lunch with grand children, played bridge at the Cosmopolitan Club before returning home for dinner. Around 10 p.m., he is said to have complained of discomfort and was taken to a private hospital, where he breathed his last. “He has led a historic life. He was a great visionary and a perfect and righteous person. He had, over the last couple of years, become very affectionate towards his grandchildren (three grandsons and a granddaughter), always challenging them with his thoughts. He used to discuss Vedanta with his daughter, and talk about the sugar industry and politics with me,” says Ms Rajshree Pathy, Managing Director of Rajshree Sugars, fondly remembering her nonagenarian father-in-law. Mr Sundaram, Chairman and Managing Director...

Navayuga Engineering Company (NEC), (Chinta Visveswara Rao, chairman and Managing Director) the Abu Dhabi-based infrastructure development and construction company, has completed the Khor Fakkan Port Expansion Project for Berth 6, contracted from Athena SA, as per schedule. The complex work involved the installation of bored pile foundation with piles extending to depths of up to 25 metres in deep sea. The successful on-schedule completion of the project marks NEC's competencies in undertaking marine projects that involve deep-sea backfilling work. With a successful track-record of on-schedule delivery of mega infrastructure projects in the UAE, Navayuga is on the road to attain its growth targets set for the year, said Mr Antony A David, General Manager, NEC. 'When we commenced operations in the UAE last year, our goal was to highlight our strengths in complex infrastructure projects. The Khor Fakkan Port Expansion Project is a testament to our capabilities, and we will lev...

Mr. Sai Ramakrishna Karuturi, Managing Director of Karuturi Global Ltd was invited to join the inaugural class of Frontier 100, an initiative of IGD, Initiative for Global Development. Frontier 100, identifies promising CEOs in developing countries and creates opportunities for these leaders and global CEOs to exchange knowledge, develop business and collaborate in global leadership. IGD is a national alliance of U.S business leaders that works to promote global poverty reduction through national policy advocacy and through its Programs for Enterprise Growth, which advance private sector solutions to expand economic growth in poor countries like Africa. Mr. Karuturi is selected as one of the top 20 CEO of the African region to take part in this inaugural session of Fortune 100 for his efforts in alleviation of poverty through the agri initiative in Kenya and Ethiopia. Ethiopian Meadows PLC an 100% subsidiary of Karuturi Global Ltd was allotted 8,50,000 acres of land by the Ethiopian g...

CHENNAI: Hyderabad-based BSCPL Infrastructure has announced the launch of its first residential project off Old Mahabalipuram Road (OMR). Coming at a time when the real estate market is not exactly exuberant, the company said it has completed the structure for six lakh sq ft. The project named " Bollineni Hillside " is to come up on 92 acres. Touted as one of the largest integrated residential township projects in the city. the Rs 2,000 crore project offers flats ranging from 650 sq ft to 2800 sq ft including independent houses, row houses and villas. BSCPL Infrastructure chairman Bollineni Krishnaiah said the project would be completed in two phases with a total space of about 6 million sq ft after completion. It is proposed to build 4,500 dwelling units. "Structure for 100 villas are up and two blocks of apartments too are ready," BSCPL Infrastructure CEO Manmohan Varma said, noting that the first phase of development would be on 50 acres with more than 1,300 uni...

Narendra Tallapragada, 17, Preya Shah, 17, and Nilesh Tripuraneni, 18, did America proud, placing fourth, eighth, and ninth respectively at the Intel Science Search, the country's most prestigious pre-college science competition, often dubbed the 'Junior Nobel' prize in science. When the top 10 winners were announced at the black-tie gala banquet at the Andrew W Mellon Auditorium in downtown Washington, DC, a back to back first place win for Indian Americans -- after Shivani Sud from Durham, North Carolina won last year -- was not to be. But there were eight Indian Americans, the highest number ever, among the 40 finalists this year. That Indian Americans -- who make up less than 1 percent of America's population -- constituted 20 percent of the finalists underscored Indian children's dominance as the best and the brightest. With the more than 13 other finalists of Asian origin, that translates to over 50 percent of top young science minds from a population that is...

Dubai: Ras Al Khaimah Minerals & Metals Investments (RMMI) will begin supplying coal from Indonesia to power the UAE's first fully coal-fired power plant in Ras Al Khaimah in two years. This should help to solve a potential power shortage in the northern emirates - where hundreds of new towers would host thousands of families in new neighbourhoods. RMMI is involved in three major mining projects in Indonesia, Armenia and Congo with investments totalling $1 billion (Dh3.67 billion). The projects will help the emirate to secure long-term energy supplies in the coming years, while the excess capacities will help other emirates. "Initially, we will supply five million tonnes of coal to the Government of Ras Al Khaimah for the new power plant," Madhu Koneru , managing director of RMMI and vice-chairman of Middle East Coal Private Limited (MEC), a Special Purpose Vehicle (SPV) of RAK Investment Authority, told. The strong economic growth in the northern emirates has accele...