Let me start from begining, as i had appointment to meet my officer, i started my journey and as you all know during sunday's we don't find any Traffic police on duty.

That day as signal was green and it was turn of our side to move, there a crack head with his bike ( GJ 1 EM 7201)(Ahmedabad, Gujarat, India)came and hit me and he didn't wear helmet and he came from wrong side, i inform him that u should not drive from wrong side he started using bad words and started fight with me, man it was my bad luck that i was going to meet my officer or i would teach him lesson, but i don't want to spoil my dress or mood , to fight with a bloody crack bastard.

I again told him to behave but he didn't and my most surprise people supported him because he was Gujarati and i am Non-Gujarati, this is a shame. If any Traffic officer is reading then do catch the bike number (GJ 1 EM 7201) based in Ahmedabad and fine him as it is crime to not wear helmet nor he maintain traffic rules.

Hexaware Technologies Ltd, an IT and BPO services provider with outsourcing facilities in Chennai and Mumbai, has signed an agreement General Atlantic LLC (GA) by which latter will invest Rs 300 crores through a preferential allotment.

The proceeds of the allotment will be utilised to create infrastructural assets, enable suitable acquisitions and to meet working capital needs of the company, a Hexaware release said on Monday. Under the terms of the proposed investment by GA in Hexaware, the Rs 300.20 crores investment would be through preferential allotment of 14.99 per cent equity stake post conversion. The allotment will be in the form of 10.57 million equity shares and 1.056 million optionally convertible preference shares amounting to Rs 150.20 crores and Rs 150 crores

Ayodhya Rami Reddy A., 42, is chairman of the Hyderabad-based Ramky Group, a construction, infrastructure development, environmental an-d waste management services provider. After obtaining his Masters in Technology degree in civil engineering from Osmania University in 1984, Mr Red-dy worked for Reliance Industries Ltd, which was setting up its massive petrochemical complex in Patalganga in Raigad district of Maharashtra in the late eighties, and later for Gannon Dunkerly & Co, an engineering firm based in Mumbai.

Mr Reddy incorporated Ramky Infrastructure Ltd in 1994, following a three-year stint as an independent engineering consultant. The group now comprises Ramky Infrastructure Ltd as its flagship and six other companies, each handling a different business.

Excerpts from an interview with SHAUKAT H. MOHAMMED:

What’s the group’s turnover? We expect to close 2005-06 with a turnover of Rs 600 crores. In the first year of Ramky’s operations, the turno-ver was Rs 60 lakhs.
Is there an IPO of the Ramky Group on the horizon? We wanted to build Ramky Infrastructure to a certain size before before taking it public. We plan to float the company by October-November this year.

The Ramky group apparently sets a lot in store by industrial waste and environmental services. How are these segments growing in India? Let’s take waste management. This includes industrial waste, municipal waste and biomedical waste. With increasing industrialisation, the amount of solid, liquid and gaseous waste being generated is staggering. The Central and various State governments are now devoting a lot of effort to dispose of industrial safely, and are inviting the private sector to work with government to set up waste disposal centres at industrial estates.

Andhra Pradesh was the first to launch a public-private partnership to build an industrial waste management plant in Hyderabad, and Ramky built the plant. It was also the first to see the need for a biomedical waste management plant in Hyderabad, and we set up the plant which now safely disposes of the 60 per cent of the biomedical waste generated by hospitals in Hyderabad. Ramky has also set up similar industrial and biomedical waste management pla-nts in 13 cities including Mumbai and Kolkata. Our industrial waste management plant in Haldia handles the industrial waste in the entire region.

Is enviroment management services going to be a key growth sector for Ramky? Yes. Waste management will be a big business, but we are also focusing on infrastructure development for industry. We are setting up an IT, Biotech and Chemical Park in Haldia in association with the Haldia Development Authority, spread over 2,500 acres of land. Ramky will be investing Rs 600 crores in the park, which will be a plug-and-play facility for companies. We are developing a Pharma City in Vizag, spread over 2,000 acres, at an estimated cost of Rs 300 crores, and an industrial park in Uttaranchal. It’s been almost two years since the Pharma City project was announced, but the park is yet to open for business.

We have obtained all the requisite clearances for Pharma City, including environmental and oceanographic clearances. Pharma City is targeted at bulk drug manufacturers. A lot of companies have bought land or will be taking the land on lease in Pharma City. The companies include Aurobindo Pharma, Matrix Laboratories, Hetero Drugs, Shasun Chemicals and Orchid. We will be setting up a SEZ, spread over 500 acres, in Pharma City. We got the Commerce Ministry’s approval on March 17 to set up the SEZ, which is targeted at pharmceutical MNCs planning to set up R&D units, and even manufacturing units. The best part of Pharma City is that we are setting up common effluent treatment plants, including twin drainage systems, a facility to safely dispose of solid and liquid effluents, and a scrubber to handle gas emissions. We expect to commission Pharma City by November this year.

What’s Ramky’s revenue model for the waste management and the industrial parks? Ramky will get paid by users of the waste management facility, for each tonne of waste handled. At the parks in Haldia and Visakhapatnam, the developed plots are sold to companies or given on lease. At Pharma City, we expect to sign operations and maintenance contracts, which normally account for a return of between 15-20 per cent.

What are the Ramky Group’s other areas of operations? Ramky Enviro Engineers and Ramky Consultancy Services has over 120 engineers who offer solutions on industrial and environmental waste management. Our consulting wing initiates the first steps by signing up with government clients to offer their services. Then, when the government calls for bids for a public-private partnership project, it is Ramky Infrastructure that submits the bids and implements the projects. This model has helped Ramky in winning a project to build a waste management plant for Qatar Petroleum in Doha, Qatar, and in Dubai.

Which are the other countries Ramky is expanding into? Ramky’s Dubai subsidiary is pitching to build a waste management plant in Alma Ata in Kazakhstan, and in Lebanon. We are also doing some consulting work in Nigeria. We are present in five countries abroad.

What’s the role of SembCorp Enviromental Management of Singapore and the International Finance Corporation in the Ramky Group? SembCorp has a 51 per cent stake in SembEnviro, which handles the biomedical waste business. SembCorp invest $ 9 million and entered into joint venture with the group in 2004. SembEnviro now manages seven of the 13 medical waste treatment plants in India. IFC invested Rs 75 crore in the Ramky Group last year.

How is the technology sourced for the waste management plants? We can use the expertise of SembCorp and IFC. We have also started a programme in which employees of the Ramky Group with innovative ideas in technology developement and an entrepreneurial spirit are encouraged to branch out on their own. We have the technology of about 12 such enterpreneurs which we can deploy.