Wednesday, 4 April 2012

Cloud over Microsoft, Infosys, Wipro campuses in Andhra Pradesh

                                                                                      
HYDERABAD: In a decision that jeopardizes land allocated to corporates and institutions such as Microsoft, Wipro, Infosys, Emaar, Indian School of Business and Lanco, the Andhra Pradesh high court on Tuesday refused to entertain petitions that challenged the power of the Andhra state wakf board to notify 1,650 acres of in Manikonda village of Ranga Reddy district as wakf land.

The court asked the companies to approach the tribunal on wakf disputes to challenge the wakf board's decision. It also refused to vacate the injunction order given by the wakf tribunal earlier which restrained the private companies from any land transaction in this respect. Some companies, including Lanco and Emaar, have been using this land for real estate business.

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