GALLA JAYADEV
Modi 3.0 Cabinet: TDP MPs Ram Mohan Naidu, Chandra Sekhar Pemmasani to be sworn in as ministers
Modi 3.0 Cabinet Ministers List: Two of TDP's newly elected MPs will join the BJP-led National Democratic Alliance for its third consecutive term at the Centre. Jayadev Galla, a former TDP MP and industrialist, confirmed this on Sunday. Ram Mohan Naidu Kinjarapu, 36, son of former TDP leader and Union Minister Yerran Naidu, is set to become the youngest-ever Union Cabinet Minister after his oath-taking ceremony today in the Narendra Modi-led Union government.
All about TDP's Chandra Sekhar Pemmasani, part of NDA Cabinet and wealthiest candidate of LS 2024
Chandra Sekhar Pemmasani, the newly elected TDP MP from Guntur and a political novice, will join the NDA government. At 48, Pemmasani, who secured 344,695 votes in the 2024 Lok Sabha elections, is also the richest candidate with over Rs 5,700 crore in declared assets. His swift political ascent and inclusion in Modi's 3.0 cabinet underscore the TDP's strong influence and strategic partnership with the BJP.
'Life as usual' possible with China & Pak? Jaishankar tells biz world apply national security filter
India needs to put in place a national security filter for business propositions with some countries to evaluate certain national security sensitivities, External Affairs Minister (EAM), S. Jaishankar, said on Friday, adding that as far as national s...
TDP chief Chandrababu Naidu meets Amit Shah in Delhi
Telugu Desam Party (TDP) president and former Andhra Pradesh Chief Minister N Chandrababu Naidu met Union Home Minister Amit Shah at his residence in New Delhi late on Wednesday night. TDP chief Chandrababu Naidu also met MP Jayadev Galla in the early hours of Thursday. In what he called his 'fina...
Difficult for businesspeople to be in politics because of fear of reprisals and vendettas: TDP MP
Jayadev Galla, a two-time TDP MP from Guntur, announced his decision to quit politics and not contest the upcoming General Elections. He cited the "weaponisation" of government agencies as the reason for his decision. As a businessman, Galla stated that...
Amara Raja Batteries rechristened Amara Raja Energy & Mobility Limited
This strategic change underscores the company's commitment to its new role as a comprehensive solutions provider in the energy and mobility sector, the battery maker said in a press release. Company Chairman and Managing Director Jayadev Galla said, "Over the past three years, we have made significant investments in our in-house R&D capabilities and have strategically partnered with companies at the forefront of new energy technologies.
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CEO-worker pay gap keeps widening
Amara Raja Batteries has topped the list of Indian Nifty 500 companies with the widest gap between CEO and median employee salaries, paying its CMD over ₹52 cr, 1,872 times the median employee salary. Small and mid-cap promoter-driven companies, such as Amber Enterprises and JK Paper and Balkrishna Ind, were also featured. The CEO pay hike across some firms was higher than that seen in employee remuneration.
Amara Raja lays foundation stone for Rs 9.5k cr Lithium Cell facility in Telangana
Amara Raja Batteries Ltd. has broken ground on Telangana’s first gigafactory, which is expected to produce up to 16 GWh of lithium cells and battery packs. The facility will also create approximately 4,500 jobs and numerous indirect opportunities. ARBL has committed INR95 bn ($1.3bn) to research and development as well as a new factory for lithium-ion battery production over the next ten years, which makes up part of the newly formed 'Amara Raja Giga Corridor'.
Amara Raja Batteries plans to invest Rs 9,500 crore battery manufacturing, R&D in Telangana
The initial facilities would include an energy research and innovation center in Hyderabad, dubbed the Amara Raja E-hub. It will be equipped with advanced laboratories and testing infrastructure for material research, prototyping, product life cycle analysis and proof of concept demonstration, the company said.
Amara Raja to invest in lithium-ion batteries, expand current biz verticals
Amara Raja is one of the largest manufacturers of lead acid batteries for both industrial and automotive applications in the country. It produces automotive batteries under the brands Amaron and Powerzone and supplies to various original equipment manufacturers (OEMs) like Ashok Leyland, Ford India, Honda, Hyundai, Mahindra & Mahindra, Maruti Suzuki, and Tata Motors.
Amara Raja Q4 profit rises 38% to Rs 189 cr
The company's board has recommended a final dividend of Rs 6 per share of face value Re 1 each for the financial year 2020-21.
Andhra Pradesh govt retrieves land from Amara Raja, TDP cries harassment
The move comes nearly ten years after the land was allotted to Amara Raja group in November 2010 at the then-prevailing market price for setting up an industrial park. Opposition TDP cried foul and accused the ruling YSR Congress government led by chief minister YS Jagan Mohan Reddy of targeting the businesses of the Opposition lawmakers, and a political vendetta also used to coerce defections.
TikTok’s spreading fake news, MPs say in house
India’s data protection Bill is still in the draft stage nine months after the first version was released by the Srikrishna Committee.
TDP MP Jayadev Galla quotes Mahesh Babu movie to sharpen attack on BJP
Galla said the saga of Andhra Pradesh during this Modi-Shah regime was a saga of empty promises. He quoted from Mahesh Babu-starrer Telugu movie 'Bharath Ane Nenu'
Will fight inside Parliament till its 19 demands are met by Centre: TDP
“There is no point in asking us to come up with a formula. We will ask for everything,” MP Jayadev observed, referring to the huge variation in the amount quoted by the Centre and the state.
Lok Sabha MP Jayadev Galla suggests expiry dates for big currency notes
Jayadev Galla suggested that "big currency notes can have expiry date so that we can have demonetisation from time to time."
Debate on intolerance: Members in Lok Sabha pitch for peace, harmony
Participating in the resumed debate on the issue of intolerance, they underlined the need for everyone to show maturity and sensitivity to nip in the bud any attempts to tear the social fabric.
Amara Raja Batteries Q2 net up 23% at Rs 123 crore
Amara Raja Batteries today posted 23 per cent rise in consolidated net profit at Rs 123 crore for the second quarter ended September 30.
Amara Raja Batteries Q4 net profit surges 27.74% to Rs 102.26 crore
The board has recommended a dividend of Rs 3.61 per share in line with the declared policy of distributing up to 15 per cent of profits.
Amara Raja Batteries to expand portfolio in solar, defence applications
Amara Raja Batteries has 27 sales and service centres and 1,500 channel partners across the country. It currently exports its products to 40 countries.
Amara Raja Batteries Q4 net profit up 34% at Rs 80 crore
Its net sales during Q4, 2013-14 were at Rs 885.14 crore as against Rs 801.06 crore in the year-ago period.
Elections 2014 Results: Union Ministers trounced in Andhra Pradesh
All Union Ministers belonging to the Congress suffered humiliating defeats today as the party was decimated in the Lok Sabha polls in Andhra Pradesh.
Telangana issue cast a shadow on Telugu film industry and entry of actors into politics
The fight for a separate state — people of Telangana demanding and counterparts from Seemandhra resisting — had engulfed and divided swathes of people.
Corporate honchos in AP take political plunge, join poll fray
TDP also had a prize catch as his mother and former minister Galla Aruna Kumari also embraced the party by severing her decades-old ties with Congress.
Industrialist Galla Jayadev joins Telugu Desam Party
His mother and former minister Galla Aruna Kumari also accompanied Jay Galla, as he is better known as, into the TDP by severing her decades-old ties with Congress.
Amara Raja Batteries Q2 net up 35 pc at Rs 95 crore
The company had posted a net profit of Rs 70.10 crore during the same period of previous fiscal.
Amara Raja Batteries Q4 PAT up 2% at Rs 60 crore
The company had posted a PAT of Rs 58.3 crore in the corresponding period last year, Amara Raja Batteries said in a statement.
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