The Hindu
AsiaPac · 19 mins ago
BRS alleges nepotism in Fourth City land allotment to CM kin firm
BRS leader Manne Krishank HYDERABADBharat Rashtra Samithi (BRS) official spokesperson Manne Krishank alleged that Chief Minister A. Revanth Reddy has misused his office in land allotments in the Fourth City, particularly to Tesseract Advanced Systems Private Ltd, whose chairman is Anumula Kondal Reddy, a brother of the Chief Minister.Speaking to newspersons here on Monday, he sought to know how very high value land of 20,234 square meters was allotted to a company with just ₹1 lakh paid-up capital and without any employees on its rolls. He stated that he was giving the details quoted in the annual report of the company for 2024-25.He demanded that the government clarify whether the company, which claims to operate in aerospace and defence manufacturing sectors, possessed the necessary DPII
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