- News
- City News
- Hyderabad News
- VW team to visit state next month
Trending
This story is from September 25, 2005
VW team to visit state next month
A high-level team from German car maker Volkswagen will visit the state capital to discuss details of MoU.
Top government sources told the Sunday Times of India that a communication to this effect was received by the department concerned on Friday night.
In fact, the state delegation was planning to leave for Germany by month-end and was waiting for a mail from the Volkswagen.
As per the MoU, the government had offered the company sales tax deferment for a period of 18 years and a 10-year central tax holiday.
The power tariff was fixed at Rs 2 per unit and 350 acres of land was offered at a nominal price. Sources aver that the team wants to talk to the state government on the concessions offered and some clauses of the MoU before taking any decision.
Major companies generally extract concessions from one government and bargain for more from other governments without firming up any decision on setting up the unit anywhere, senior officers conceded.
End of Article
FOLLOW US ON SOCIAL MEDIA
Hot Picks
TOP TRENDING
Trending Stories
In City
Entire Website
- GK for students: 7 Fascinating Features of These Unique Birds
- 'Wearing undergarments must but...': Delta's 'specific' memo for flight attendants
- We're 'disturbed' by findings of CBI's RG Kar report: SC
- What are pagers? Devices that led to wave of blasts in Lebanon
- Fired techie who worked as Swiggy delivery partner shares his 'survival story' on LinkedIn, post goes viral
- India Post GDS Result 2024: Merit list 2 released for all regions, state-wise direct links to check
- Traffic Police announce road restrictions for Eid on Wednesday
- Melania Trump spotted in New York, Eric had to walk for stepmother's enhanced security
- Diddy and Donald's photo viral as Sean charged with sex trafficking: 'Why all Trump's friends...'
- NPS Vatsalya: FM Nirmala Sitharaman launches National Pension Scheme variant for children; check details
- US Fed cuts interest rates by 50 bps in a first since 2020: Why it matters for India
- 'One nation, one election': How Lok Sabha and assembly polls could be synchronised
- How quality stocks can save your portfolio in a bear market
- Video: Moment walkie-talkies exploded across Lebanon during funeral
- US Federal Reserve cuts interest rates by 50 bps in key FOMC meet chaired by Jerome Powell
- Exclusive: 'Bangladesh played very well in Pakistan, but India…'
- Atishi has five months to prove herself, what will she do?
- Fired techie shares his 'survival story' on LinkedIn, post viral
- Top-notch drone goes down off Chennai ahead of mega US deal
- Govt extends Rs 35,000cr plan to boost income of farmers
Popular Categories
Hot on the Web
Top Trends
Oleksandr UsykIndia Fastest Metro ServiceVince McMahonNPS VatsalyaDonald TrumpKolkata Doctor Rape CaseShreyas IyerTaiwan PagersGautam Gambhir Press ConferenceUGC Net ResultVirat KohliSukanya Samriddhi YojanaIsrael Hezbollah WarNEET UG Admission CriteriaPager Attack in LebanonArvind KejriwalLive Cricket Score
Trending Topics
Diljit DosanjhsJatt Juliet 3 OTT ReleaseAbdu RozikKhatron Ke Khiladi 14Chinas EggBigg Boss 18Sunita AhujaGoat CollectionLebanon Pager BlastPitra Paksha 2024CheetahsKangana RanautAditi Rao HydariDalljiet KaurHoliday DestinationVikas SethiBest Selling Earbuds Under 1000Apple iPhone 16 ProVirat KohliWordle Answer
Living and entertainment
Latest News
Zilla Fatu Reacts to Armando Estrada's Contract Signing with WWEChandrayaan-4, Venus Mission, New-Gen Rocket, Space Station get Cabinet nod, Gaganyaan budget doubles to Rs 20,000 croreUniversity of Texas at Austin and Stanford University: Which Offers a Better Petroleum Engineering Degree?Former WWE star addresses potential heel turn in AEWMitigating muscle fatigue and tension with physiotherapy techniquesSuriya to play the antagonist in 'Dhoom 4', here's what we knowAishwarya Majmudar looks regal in an ethnic avatar, see picAllu Aravind on Bollywood filmmakers having limited perspectives in their films: 'They are locked between Bandra and Juhu'Bigg Boss Tamil 8: Actress Sachana Namidass to participate in the upcoming season?Grieving mom's heart-wrenching letter blames toxic culture for daughter’s deathWhat is a walkie talkie that was used as a bomb in Lebanon Ricky Ponting is new Punjab Kings head coachWorld is moving into Indian era: Salesforce chairmanElon Musk's Neuralink gets FDA's 'breakthrough device' tag for thisFour lakh people visit Madurai Book Fair; books worth Rs 3.5 crore soldI am looking at finite projects: Prachee Shah PaandyaEU court reduces Qualcomm's antitrust fine but why the US chipmaker is penalisedEx-India cricketer warns against overloading Rishabh Pant after long hiatus post major car accident
Copyright © 2024 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service