Plan of action to revive FibreNet
The New Indian Express Anantapur|December 20, 2024
AP FiberNet Limited (APSFL) was misused by the previous YSRCP government, bringing it to the brink of collapse through numerous irregularities, said the organization's Chairman, GV Reddy.
EXPRESS NEWS SERVICE @Vijayawada

Speaking to the media on Thursday, he assured that all efforts would be made to revive APSFL and put it back on the path of development.

Reddy revealed that a vigilance inquiry into the irregularities was underway and that action would be initiated based on its findings. Sharing details of the alleged misuse, he stated that APSFL had 10 lakh cable connections in 2019, which declined to 5 lakh by 2024.

"This reflects the state of affairs during the YSRCP regime," he said, adding that APSFL is now burdened with a debt of ₹1,262 crore.

هذه القصة مأخوذة من طبعة December 20, 2024 من The New Indian Express Anantapur.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 20, 2024 من The New Indian Express Anantapur.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE NEW INDIAN EXPRESS ANANTAPUR مشاهدة الكل
The New Indian Express Anantapur

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Abu Dhabi announces an array of new destinations and festivals for 2025

From surfing and wellness festivals to the unveiling of several new museums, the UAE capital's diverse attractions make it the ideal getaway for the New Year and beyond...

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Heritage Transport Museum in Gurugram Welcomes New Exhibits

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Booming Bumrah

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The New Indian Express Anantapur

Where will India captain bat?

IT'S been a question that followed India captain Rohit Sharma from the moment he landed in Perth.

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Coaching & playing: Twin role with purpose for badminton nat'l's finalists

SHUTTLERS Lokeshviswanathan and Naveen P's journey is a tale of perseverance, hard work and resourcefulness. In the just-concluded national championships in Bengaluru, the doubles specialists from Tamil Nadu were one of the standout performers as they reached the title match before going down with a fight.

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The New Indian Express Anantapur

SA eye WTC final in 2-Test series vs Pak

SOUTH AFRICA will be eyeing a place in the World Test Championship final with an all-seam attack against Pakistan in the first Test, starting Thursday.

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The New Indian Express Anantapur

PL leaders Liverpool host Leicester, Arsenal prepare for life without Saka

CHRISTMAS Premier League chart-toppers Liverpool are overwhelming favourites to see off struggling Leicester on Boxing Day (Thursday).

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The New Indian Express Anantapur

BPCL to invest ₹6,100 cr for refinery in Andhra

To be one of the largest refineries on East Coast

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The New Indian Express Anantapur

NFRA penalty on Deloitte, two auditors

THE National Financial Reporting Authority (NFRA) has imposed a fine of ₹2 crore on Deloitte Haskins & Sells as well as penalties on two chartered accountants for lapses in auditing of Zee Entertainment Enterprises during the 2018-19 and 2019-20 financial years.

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December 26, 2024