• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Hyderabad , Aug. 17

THE Chief Minister, Dr Y.S. Rajasekhara Reddy, on Tuesday asked the expert team from the Indian Institute of Management (IIM), Bangalore, to take up an in-depth study on the functioning of the Andhra Pradesh State Road Transport Corporation (APSRTC) and submit an interim report in the first week of October. The IIM-B team promised to submit the initial recommendations by October and the second and final suggestions in five months thereafter.

Dr Reddy said the expert team should suggest measures for speedy financial revival of the APSRTC and lay stress on cutting losses.

The IIM Bangalore team, headed by Dr Ravi Kumar, presented its opinion through a package titled `Holistic Organisational Transformation Strategy' for APSRTC.

The IIM has carried out similar tasks for the Karnataka Transport Corporation and the Delhi Transport Corporation.

The Minister for Roads and Buildings, Mr J. Ramamohana Rao; the Minister for Commercial Taxes, Mr Konathala Ramakrishna; the Chairman of APSRTC, Mr G. Prakasa Rao; the Principal Secretaries Finance Mr P Ramakanth Reddy and Mr I.Y.R Krishna Rao; the Principal Secretary Transport, Mr A.K. Tigidi; the MD APSRTC, Mr M. Krishna Rao; the Commissioner Transport, Mr Rajeswar Tiwari; and Prof Ramanayya and Prof Ramesh from IIM attended the meeting.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
IA's Airbus acquisition plan: CCEA nod sought for setting up panel

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line