IT News

Kerala-based Muthoot Pappachan Group has expressed interest in taking over and developing the Smart city project. The board which met on Thursday morning took this decision. The Muthoot Group had earlier shown interest in the project at the time of its inception. The decision by Muthoot comes after the Chief Minister V S Achuthanandan cast doubts on the financial abilityof …

The long-standing dream of the Kochi SmartCity project – projected as an infrastructure project that would help that city and Kerala move into another gear of economic development – has suffered another stinging blow. State Chief Minister VS Achuthanandan publicly expressed doubts about the competence of the Dubai-based Technology and Media Free Zone Authority (Tecom) to undertake the project, stating …

Criticising the Government of Kerala for the endless delay in taking decisions regarding the Smart City project, sources close to Tecom said that the implementing agency would have to rethink the future of the project if the government failed to reach a consensus before December 31. “Deadline seems to be a ‘dead’ line’.Tecom is a business entity and projects are …

The cradle of IT industry of Kerala, The Technopark is heading onto its 20th year of existance. From a humble beginning as a Hardware Park in the early 1990s, Technopark has become synonymous with the IT Development of Kerala. Today the Park employs over 20,000 techies in those 180 odd companies nestled in over 300 acres of verdant green land. …

Kerala Chief Minister V.S. Achuthanandan Wednesday said Smart City Dubai, the developer of the proposed Smart City IT park in Kochi, was “broke”.“Since they (Smart City Dubai) don’t have money, they are now trying to come up with numerous excuses,” the chief minister told reporters here when he was asked about the delay of the project. The government signed an …

The Congress Party that leads Kerala’s opposition United Democratic Front (UDF) has launched a campaign for an ambitious IT project, put on hold due to differences between the state government and its Dubai-based promoters. Ramesh Chennithala, president of the Kerala unit of the party, kicked off the campaign by placing a wreath on the foundation stone of the $350mn SmartCity …

Two years after the foundation stone for the Smart City IT park was laid here, the ambitious project is yet to see any progress, thanks to the unresolved issues between the government and the developer. The government signed an agreement with Smart City Dubai to develop the Rs.1,500-crore project and operate it. Chief Minister V.S. Achuthanandan laid the foundation stone …

Coming down heavily upon the Tecom authorities, the main promoters of SmartCity project., Kerala finance minister Thomas Isaac said, the Tecom cannot dictate the government were to sign and what not to do.Thomas Isaac said, the Tecom is putting some fresh demands and the LDF government is not liable to heed to each demand put forward by Tecom Thomas Isaac …

Kerala Home Minister Kodiyeri Balakrishnan Monday said the government would look for “other options” if Smart City Dubai, the developer of the proposed Rs.1,500-crore ($300 million) IT project, did not resolve its differences with the state and start construction soon.“The government is committed to the project and if they (Smart City Dubai) don’t solve the issues then we will look …

A 18-hole Country Club golf course developed by the Cochin International Airport Limited (CIAL) on its land would be inaugurated before December 2009, CIAL officials have said. The process to induct members will begin within two months. The golf course is built on a property adjacent to the airport, and it will be the largest golf course in the State. …

A free Technopark classifieds website tpbazaar.com, launched by a group of techies to buy or sell anything in Technopark.