Union MoS for Home G Kishan Reddy and Minister of Municipal Administration and Urban Development KT Rama Rao inaugurated the span concrete deck extra-dosed cable-stayed bridge at Durgam Cheruvu of Hyderabad on September 25.
It will also reduce commute time from Jubilee Hills to Madhapur from 30 to 10 minutes and the distance from Mind Space to Jubilee Hills by 2 kms. As per media reports, this bridge was constructed at the cost of Rs 184 crore.
As a COVID vaccine will soon become a reality in India, GMR Hyderabad air cargo and Delhi Airport's air cargo are set to play a pivotal role in the distribution of vaccines through state-of-the-art time and temperature-sensitive distribution system. Prime Minister Narendra Modi on December 04 announced that a COVID vaccine will likely be ready in few weeks, and after the approval of scientists, public vaccination will begin on large scale.
Equity benchmark indices maintained an upward trajectory on Friday after the Reserve Bank of India's (RBI) kept repo rate unchanged and continued with accommodative stance. Though the central bank sees FY21 GDP contracting by 9.5 per cent and may turn positive in Q4, several market experts said many measures have been introduced to maintain comfortable liquidity conditions. The BSE SandP Sensex closed 327 points or 0.81 per cent higher at 40,509 while the Nifty 50 gained by 80 points or 0.67 per cent at 11,914. Among stocks, State Bank of India rose by 3.6 per cent to Rs 198.55 per share. Private lenders ICICI Bank, Axis Bank and HDFC Bank ticked up by 4 per cent, 3.7 per cent and 3.6 per cent respectively. IT major Wipro was up by 4.4 per cent to Rs 375.25 per share while infrastructure conglomerate Larsen and Toubro advanced by 3.3 per cent to close at Rs 910.05 per unit. However, those which lost were Grasim, Hindalco, Sun Pharma, Nestle India, Britannia and Tata Motors. Meanwhile, Asian shares were mixed as revived hopes for a US stimulus deal eclipsed weaker-than expected jobs data. Nikkei dipped by 0.12 per cent while Hong Kong's Hang Seng was down by 0.31 per cent. But South Korea's Kospi rose by 0.21 per cent.
Equity benchmark indices were volatile with a slight positive bias during early hours on Friday after the Reserve Bank of India's (RBI's) Monetary Policy Committee kept repo rate unchanged at 4 per cent and continue with accommodative stance. At 10:25 am, the BSE SandP Sensex was up by 113 points or 0.28 per cent at 40,296 while the Nifty 50 gained by 31 points or 0.26 per cent at 11,865. Except for Nifty FMCG, IT and realty, all sectoral indices at the National Stock Exchange were in the green with thin margins. Among stocks, Larsen and Toubro rose by 2.15 per cent to Rs 900 per share. Tata Steel moved up by 1.8 per cent, Cipla by 1 per cent and HCL Technologies by 0.9 per cent.Private lenders HDFC Bank and ICICI Bank ticked up by 0.9 per cent and 0.8 per cent respectively. However, those which lost were Hindustan Lever, Nestle India, Bajaj Auto, Tech Mahindra and Tata Consultancy Services.
Commissioner of Police of Cyberabad, VC Sajjanar visited flood-affected areas of Hyderabad on Oct 18. During his visit, he reviewed situation at Rajendra Nagar, Gagan Pahad Village Pond, Old Kurnool Road and Ali Nagar area. He requested residents to stay indoors in order to remain safe. After continuous heavy downpour, Hyderabad has submerged into rainwater.