Tecom, the promoters of Smartcity Kochi project, has asked the govt to stick to the framework agreement and the freehold rights. They also reiterated that the company is keen to go ahead with the project, the agreement for which was signed on May 13, 2007 with the Kerala govt. The letter was in reply to the state government’s letter. The …

The Tecom Monday vacated the office space at Vazhakkala here. Tecom CEO Fareed Abdul Rahman in person handed over the deed to the village office here. The deed had to be registered since Tecom is a foreign company. Smart City director board meet TodayThe board of directors of Smart City is scheduled to meet here Monday evening. The meeting assumes …

Freehold land not charity, but a right: Smart City CEOThe government of Kerala doesn’t have the authority to issue deadlines on the Smart City project, Dubai Internet City CEO Fareed Abdul Rahman said Thursday. The government should first fulfill its responsibility by meeting the conditions in the agreement. If that is met, the Smart City is ready to go ahead …

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A crucial Board meeting of the SmartCity Kochi project will be held on March 29, 2010 in Kochi. The meeting of the SmartCity Board will have representatives from Tecom, the promoters of the SmartCity Kochi project and the Kerala Government. Fareed Abdulrahman, CEO of SmartCity, is also expected to attend the Board Meeting. The meeting is being held in Kochi …

The fate of the proposed Rs.1,500 crore IT park in Kochi to be built by Dubai-based developer Smart City Dubai will be decided at a board of directors meeting later this month. The Kerala government is adamant that no freehold rights over the project would be given to the builder as such a clause does not exist in the original …

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Even as Finance Minister Thomas Isaac reiterated the State government’s commitment to execute the proposed SmartCity Kochi project during his budget presentation, more than 50 families relocated for the project at Edachira are on the warpath alleging apathy on the part of authorities in providing the promised basic amenities on the land allotted for their rehabilitation. “We were moved out …

Kerala Finance Minister T M Thomas Issac on Friday announced that the government would take measures to create one lakh (100,000) job opportunities for the IT sector in the state. He also said that the Smart City project would be implemented in two stages at the Infopark and an amount of Rs 50 crore (Rs 500 million) has been sanctioned …

Chief Minister VS Achuthanandan today all most scripted the future of Smart City stating that IT sector in the state is safe even without the project. The CM took on the opposition for trying to give a picture that Smart City is everything regarding IT in the state. Achuthanandan continued his prior stand that his government has taken corrective measures …

The government has been contemplating to handover the prestigious Smartcity project to Inforpark as the former is in a state of limbo for past two years and consecutive talks with Smartcity Tecom officials have proved futile, informed Thomas Isaac, state Finance Minister. The project, the foundation stone of which was laid in November 2007, is yet to take off due …

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A decision on whether TECOM should be called in for completing the proposed Smart City project in Kochi would be taken in a month’s time, said Minister S Sarma, who is also the project chairman of Smart City. He said the government hitherto waited for TECOM. This will not work again. It is high time the government waited for TECOM. …

The worldwide economic meltdown and the strengthening dollar pulled down the Indian IT sector last year. The sector, which had been a major contributor to India’s GDP, rebounded solidly from the global predicament by diversifying itself into diverse industry verticals and new geographies. The worst hit by the meltdown was the business process outscoring or BPO industry. And with US …

Indian Union Muslim League State general secretary P.K. Kunhalikutty has described baseless Chief Minister Achuthanandan’s statement blaming the United Democratic Front (UDF) for the failure of the SmartCity project. Talking to reporters at Manjeri near here on Monday, Mr. Kunhalikutty said that it was the UDF that brought the SmartCity project, and that the Chief Minister was trying to condone …

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