Ramky Infrastructure is all set to sell its stake in Vishaka Pharma City of Vizag. The stake is valued at 165.24 Crore Rupees.
This looks like routine Business news but the color and flavor changes when we say Ramky is owned by YSR Congress Rajya Sabha MP Ayodhya Rami Reddy.
So, the Ruling Party MP is trying to disinvest and move out of the proposed Executive Capital just before the elections.
If there is a confidence that YSR Congress would return to power no one would move their investments out of Vishakapatnam.
Businessmen and politicians are expected to have first-hand information about political survey reports.
Accordingly, we see politicians jumping from one party to another and Businessmen moving their investments.
If that is the parameter, the Rajya Sabha MP of the YSR Congress dropped a hint that the YSR Congress is unlikely to return to power in 2024.
Jagan’s hurried and massive changes to the candidates are a big indication already that something is really wrong.
