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Smart City Dubai not to withdraw from Smart City Kochi

A board of directors meeting of the proposed Rs.1,500 crore Smart City Kochi concluded here Monday without taking any decision on the fate of the IT project.At the same time, the developer Smart City Dubai said it has no plans to pull out from the Read More..


Dubai Tecom gets 15 days to end Kochi Smartcity spat

The Kerala government is making last attempt to salvage its partnership with Dubai Commerce Technology and Media Free Zone Authority (Tecom) for the $333-million Smartcity project in Kochi.The state government has written to its estranged investme Read More..


Dubai private equity group faces insolvency

Dubai International Capital, the private equity arm of Dubai Holding, has asked creditors for a three-month extension on its $1.2bn loa Read More..

SmartCity Malta Seeks to Attract Dubai Based Investors

A 30-day marketing campaign promoting Malta and SmartCity Malta is taking place within all TECOM business parks until June 20 to highlight the benefits of operating from SmartCity Malta.The campaign, "TECOM Investments' first overseas busines Read More..


Smart City controversy refuses to die dow

After days of silence, the Smart City Kochi project has once again become a subject for argument and counter argument between the State Government and TECOM.At a press conference held in connection with the fourth anniversary of the LDF Government Read More..


Koratty IT park set to begin operations

Fourteen companies will begin operations this month in Kochi Infopark at Koratty. The park, coming up in Thrissur district, is the first spoke model IT park. The companies that have set up shop are ..

TECOM Investments Realigns 11 Business Parks into Five Industry Cluster Groups

TECOM Investments Realigns 11 Business Parks into Five Industry Cluster Groups

TECOM Investments, a diversified conglomerate and a member of Dubai Holding, has realigned its 11 business parks into five industry cluster groups to streamline Read More..


Board meeting fails to sortout the 'freehold' issue

A meeting of the board of directors of SmartCity Kochi held here on Monday did not take any decision on outstanding issues, including the right to freehold land for the promoters. Minister for Registration S. Sarma, who is also chairman of SmartCi Read More..


SmartCity finances doubted again

The financial position of SmartCity owners, Tecom, has been publicly doubted once again as construction on the SmartCity Kochi project has yet to start more than two years after the foundation stone was laid. A few days ago, Indian media reported Read More..


Smart City board to meet

Even as the uneasy relationship between TECOM and the State Government continues, the director board meeting of Smart City, Kochi, will be held here on March 29. It is expected that a make-or-break decision will be taken at the meeting. Though the de Read More..

SmartCity Malta Welcomes Minister Austin Gatt

Malta – 9 March, 2010:  SmartCity Malta will be open in the third quarter of 2010, creating numerous business opportunities for Malta One may choose to start-up a business at the exclusive SmartCity Malta location or seek employment in Read More..


The Smart City at Kochi will be implemented; Kerala budget

Final decision on Smart City in a month: Minister

Amidst the dilly dallying by the State Government and Tecom, Fisheries Minister S Sarma, who is also the chairman of Smart City, Kochi, said that the a final decision on Smart City will be taken within a month. Speaking to newsmen in New Delhi on Fri Read More..

SmartCity Dubai to lose CFO

SmartCity in Dubai is set to lose its executive director for corporate finance Teddy Maroun.
Mr Maroun has held the position for a year but his contract is not being renewed for 2010. SmartCity Dubai said Mr Maroun left the company in a volunta Read More..


Central nod for SEZ at Cherthala

The Union Government has handed over a clearance letter to the State Government for setting up a multi-product Special Economic Zone at Pallippuram, adjacent to the Cherthala Infopark, in Alappuzha.The new SEZ would be set up as a unit of the Coch Read More..


SmartCity talks to continue

The director board meeting of the company setting up the SmartCity Kochi project met here today, without taking any major decision on the issues that have delayed the project. Minister S Sharma said here that the discussions today were part of a r Read More..


SmartCity Kochi held up

SmartCity Dubai, part of Tecom, wants to hold talks with the Government of Kerala to iron out the issues and to remove the bottlenecks for speedy progress in the Rs15 billion (Dh1.17 billion) SmartCity Kochi project. It is the first SmartCity proj Read More..


Smart City Dubai serves ultimatum to Kerala government

Kochi, Dec 14 (IANS) Smart City Dubai Monday served an ultimatum to the Kerala government, saying the Rs.1,500 crore Smart City Kochi project cannot be kept hanging in the balance “endlessly”. In a statement issued here, Smart City Dub Read More..


Deadlock never ends

The deadline set by Tecom to arrive at a consensus is only a fortnight away, but neither Tecom nor the State Government has taken any initiative to break the deadlock over Smart City, Kochi. The state Cabinet which met last Wednesday had decided to h Read More..

SmartCity Malta seeking local financing

SmartCity Malta is understood to have approached local banks in a bid to raise the necessary funds to continue the project, The Malta Business Weekly has learnt. This newspaper is informed that the management of SmartCity Malta have been to HSBC B Read More..


Kerala asks Smart City developer to stick to agreement

Kerala Chief Minister V.S. Achuthanandan Saturday asked Smart City Dubai, the developer of a proposed IT park here, to stick to the framework agreement or else the government would “look for other options”.
“In case they (Smar Read More..


Dubai World debt might affect SmartCity Project

“It may work against the workers who are on short-term contracts. They may find renewal tough,” K Mohandas, secretary of Ministry of Overseas Indian Affairs, told Express.
However, the global recession has not forced a permanent ret Read More..


Kerala urges Smart City Dubai to start work soon

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 Read More..


Keeping the IT dream alive

Keeping hopes alive of the Smart City, Kochi project, the State Government has started moves to resume talks with Tecom, the promoters of the project. According to sources, the director board meeting and talks will be held immediately after the Gulf Read More..

IDSi Technologies on expansion mode

IDSi Technologies India Ltd,the Kochi-based software products and services outsourcing company, has announced its major expansion plans in various verticles of e-governance and geographic information systems.

Vibin Priyesh, CEO and George Ka Read More..

Trapped in red tape

The fate of the much hyped Cyber City project like the Smart City project is hanging in the balance. Opposition from various constituents of the LDF is the main hurdle before the project which promised to generate 60,000 direct and 1,50,000 indirect Read More..

Two-day talks on Kochi IT township inconclusive

The two-day talks between the Kerala government and Smart City Dubai to take forward the proposed Smart City Kochi software 
township project turned out to be inconclusive, but both parties were confident that the deadlock would be broken Read More..


Smart City project talks to resume soon

The Minister for Fisheries S. Sarma said on Thursday that talks with Gulf-based TECOM for starting the work on the Smart City Project in Kochi would resume soon. Implementation of the project had come to a standstill following TECOM's demand that Read More..


Starting businesses in India easier now: IFC report

The latest report of the IFC and the World Bank has drawn a comparatively good picture of India as far as starting business in the country is concerned by saying it is easier to start and operate business now than it was three years ago in many la Read More..


Unending uncertainty

With Chief Minister V S Achuthanandan and his Cabinet members busy fighting, the fate of Smart City Kochi is uncertain. The government couldn’t clear the last hurdle of getting the Cabinet nod for the agenda set for talks with Tecom.After mu Read More..


Orion India Systems launches Kochi operations

Orion India Systems launched its Kochi operations by opening a state-ofthe- art Technology and Development Centre at the Infopark SEZ on Wednesday. Sunil Mehta, CEO and director, Orion group of companies, said that the new office will provide qual Read More..


Dubai Internet City hosts session for diplomats

Dubai: Dubai Internet City on Wednesday conducted a workshop and networking programme for diplomats to attract more foreign investment. "More than 30 key representatives from consulates and embassies in the UAE attended the workshop and networking Read More..


Tata Elxsi set to get Auto SPICE accreditation

Tata Elxsi, a leading embedded product design engineering company, is planning to get Automotive SPICE accreditation by September 2009. R. Natarajan, vice president, automotive and aerospace practice and centre head of the Tata Elxsi’s develo Read More..

Kerala turns up trumps in technopreneurship race

It was sometime in the making, but now it is official. Kerala’s lowly image of being little more than a banana chips-player n the country’s industrial sweepstakes is getting turned right on its head. In the latest report of the Depart Read More..

OzTern Digital Services launches tool to track competitors

OzTern Digital Services, an online marketing solutions agency will soon be launching a tool called ChocoNet to optimise client's website for search engines, and track its competitors. OzTern Digital Services Private Ltd was set up in the first wee Read More..

Smart City stuck on land issue

Smart City Kochi, a joint venture between Tecom of Dubai and the Kerala government, has announced temporary closure of its office at Kochi with immediate effect. Chief executive officer of the project Fareed Abdulrahman on Tuesday said the office Read More..


Cabinet set to approve SmartCity lease pact

The Cabinet meeting, slated for December 31, will approve the draft of the lease agreement of the proposed SmartCity Kochi, said Fisheries Minister S. Sarma, who is also the chairman of the company. The Cabinet is also likely to finalise a date for t Read More..

Smart City Kochi wants SEZ status without strings

The Rs.15-billion ($375-million) IT park, Smart City Kochi, will request the state government to see that it gets special economic zone (SEZ) status without any strings. Speaking to reporters after the fifth director board meeting Monday evening, Read More..


SmartCity Kochi is appointing Master Planners

SmartCity Head Quarters, based in Dubai, have invited Indian and international master planning companies to submit proposals for SmartCity Kochi’s master plan. This step comes after the laying of SmartCity Kochi’s foundation stone in N Read More..


SmartCity Malta promoted at OutsourceWorld London

SmartCity participated in OutsourceWorld London held last week, fulfilling its ongoing commitment to promote SmartCity Malta and SmartCity Kochi to attract potential customers and investors.

Considered as the premier business trade platfo Read More..


Concerted efforts to secure SEZ status for SmartCity

The State government and SmartCity Kochi would make concerted efforts to secure a single Special Economic Zone (SEZ) status covering the entire area of the proposed SmartCity project here.This was one of the three major decisions taken at a meetin Read More..


British company to prepare master plan for Kochi

The proposed Rs.15-billion Smart City project of this Kerala city has been given to British firm Colin Buchanan.Smart City Kochi is a joint venture company promoted by Dubai-based TECOM Investments, SAMA Dubai and the government of Kerala.

Read More..


SmartCity: work to begin by October

The construction work of SmartCity Kochi is expected to begin by October this year, said S. Sarma, Minister for Fisheries and Registration and chairman of SmartCity Kochi.He was briefing the media here after the annual general meeting of SmartCity Read More..