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Funds sanctioned for function halls in Hyderabad

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Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) has sanctioned Rs.90 crore for constructing 31 multi-level function halls in the city.  Falak_palace

GHMC commissioner Somesh Kumar on Friday issued orders inviting tenders for the projects. The tender process will be completed by August 10 and work will start immediately.

Each three-storeyed hall in an area of 2,000 square feet will be constructed at a cost of Rs.2.5 crore to Rs.3 crore and will have a capacity of 1,000 people.

The GHMC official said the function halls will be rented out for marriages, exhibitions, meetings and other functions.

The municipal corporation has already identified the land for building the halls.

It has drawn plans to construct 50 function halls. Under the first phase, 31 buildings will be constructed. The municipal body plans to build at least two halls in each of its 18 circles.

(IANS)

 

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Bitfury to Set up a Blockchain Innovation Centre in Hyderabad

The Bitfury Group, the largest full-service blockchain technology company in the world, plans to establish a Blockchain research and innovation centre in Hyderabad

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Blockchain District on Saturday forged new partnerships with Bitfury and Indian School of Business (ISB). Pixabay

The Bitfury Group, the largest full-service blockchain technology company in the world, will establish a Blockchain research and innovation centre in Hyderabad.

Bitfury, a billion-dollar tech giant on Saturday entered into a partnership with Telangana’s Blockchain District in this regard.

It will also offer courses, necessary incubation and mentoring support to all associated members.

Blockchain District on Saturday forged new partnerships with Bitfury and Indian School of Business (ISB).

ISB will be offering co-working space, access to investor network, business expertise and many more benefits to Blockchain District startups.

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Bitfury will also offer courses, necessary incubation and mentoring support to all associated members. Pixabay

Jayesh Ranjan, Principal Secretary, Infornation Technology, Electronics and Communications Department, Government of Telangana launched Blockchain District logo and website on the occasion.

Ranjan said that after several rounds of consultations with industry and academia, the government conceptualized Blockchain District, which aims to be among the world’s top 10 leading Blockchain technology ecosystem by proactively driving key initiatives for developing talent pool, infrastructure, research and innovation and community building.

“Blockchain District provides a platform which enables the stakeholders to collaborate, co-create and build solutions in blockchain technology, which today is at a nascent stage, but has enormous potential in the coming years,” said Ranjan.

Hyderabad
The Bitfury Group, the largest full-service blockchain technology company in the world, will establish a Blockchain research and innovation centre in Hyderabad. Pixabay

“Telangana being the hub of innovation and technology would always strive to be the first mover in tech-domains,” he added.

Government of Telangana, IIITH, C-DAC and Tech Mahindra are the founding members of Blockchain District.

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MLR Institute of Technology was also onboarded to extend support in research and development and incubation. (IANS)