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Hyderabad: Hyderabad-based Cyient reported a 38 per cent year-on-year jump in net profit during the third quarter at Rs 131.7 crore. The company’s revenue stood at Rs 1,183.4 crore, with YoY growth at 13.3 per cent while the EBIT margin stood at 13.9 per cent leading to highest ever operating profit. The Group order intake […]
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Hyderabad: Though India’s institutional real estate investments in 2021 closed at $4.3 billion (about Rs 32,000 crore) representing a decline of 14 per cent over 2020, Hyderabad maintained its growth momentum topping the charts with $687 million (about Rs 5,120 crore) worth of investments attracted in 2021. The city accounts for 16 per cent of […]
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Hyderabad: Awfis, an integrated workspace solutions provider, today operates 12 centres in Hyderabad and plans to double its footprint in the city in the next few years. The company today has centres in places such as HITEC City, Kondapur, Financial District, Gachibowli, Begumpet, Ameerpet and Banjara Hills. Amit Ramani, founder & CEO, Awfis told Telangana […]
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The Xiaomi 11T Pro was unveiled last September and is powered by the Snapdragon 888 SoC.
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Chennai: Is there a need for a Chairman for Insurance Regulatory and Development Authority of India (IRDAI) is the question that has started popping up. On Wednesday a reporter asked ICICI Lombard General Insurance Company Ltd’s officials at a press meet about the need for a Chairman to head IRDAI? The sectoral regulator has been […]
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United Nations: Foreign Direct Investment (FDI) flows to India in 2021 were 26 per cent lower, mainly because large M&A deals recorded in 2020 were not repeated, the UN trade body has said. The UN Conference on Trade and Development (UNCTAD) Investment Trends Monitor published on Wednesday said global foreign direct investment flows showed a […]
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The 'Filmi on Camera' feature is the result of extensive research and understanding of the needs of the creator community.
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Hyderabad: Former Indian badminton player and current Chief National Coach of the India National Badminton team Pullela Gopichand is now donning a new hat – that of a co-founder of Hyderabad-based Matchday.ai, which developed a sport analytics platform using artificial intelligence. The platform gives insights into shot accuracies, rate attacks and defense, court coverage, winners […]
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New Delhi: BharatPe Co-founder and Managing Director Ashneer Grover, facing a controversy over alleged using inappropriate language against Kotak Mahindra Bank’s staff, has taken voluntary leave till March-end, the fintech company announced on Wednesday. Grover informed the Board of the fintech platform about his decision to proceed on leave earlier in the day. “For now, […]
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New Delhi: JioFiber added 0.19 million subscribers to become the number 1 operator in the fixed broadband segment in just about two years from commercial launch, with 4.34mn FBB subs. JioFiber’s market share improved 85bp month on month to 16.9 per cent (launched commercially in Sep-19), Nomura said in a report. Bharti added 0.1mn subs […]
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Hyderabad: Hyderabad-based Sai Life Sciences, a global Contract Research, Development & Manufacturing Organization (CRO-CDMO), appointed Sauri Gudlavalleti as its chief operating officer. Sauri will report to the CEO & managing director, Krishna Kanumuri and drive the company’s growth as a new generation, science-driven organisation. Making the announcement, Krishna Kanumuri said, “Sauri Gudlavalleti brings with him […]
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Hyderabad: Hyderabad-based Doosra is expanding its presence and user base in India, with an aim to touch one million downloads by 2022-end. The company is also going to invest in product innovation to provide comprehensive protection to the users. A first-of-its-kind solution, Doosra is a 10-digit, SIM-free mobile number, which users can share at any […]
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Hyderabad: Adoption of cross-border trade in India is increasing. A latest study conducted by PayPal in partnership with Edelman Data and Intelligence shows that 86 per cent MSMEs that sell globally claimed they recorded growth in cross border trade during Covid-19. This can be attributed to the reopening of other economies and positive sentiment from […]
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The company, which sells a range of super luxury cars with prices starting from Rs 3.16 crore in India, had sold 37 units in 2020.
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The deal worth $68.7 bn, would be Microsoft's biggest ever buyout and the largest deal in gaming history, the report said.
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Hyderabad: Financial and investment service provider Cholamandalam Investment and Finance Company (CIFC) has announced its plans to acquire 72.12 per cent in Hyderabad-based digital payments ecoystem player Payswiff Technologies for Rs 450 crore. It signed a shareholders agreement and a share purchase agreement on January 17 with Payswiff, its founders and other existing shareholders, CIFC […]
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Hyderabad: Hyderabad-based MaxiVision Eye Hospitals Group appointed V S Sudheer as chief executive officer, for the whole MaxiVision Group. He has been working as chief operating officer for the group for the last five years. The new appointment is his elevation of the position. Speaking on the elevation, Dr GSK Velu, chairman, MaxiVision Eye hospitals […]
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When the transaction closes, Microsoft will become the world's third-largest gaming company by revenue, behind Tencent and Sony.
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Hyderabad: Hyderabad-based Caspian Equity, an impact investment company over the last 17 years has attracted funding from development finance institutions, family offices and HNIs and has invested in food & agriculture, SMEs, and financial inclusion sectors, and returned over $180 million to investors. Saurabh Johri, ED and CEO, Caspian Equity shares with Telangana Today how […]
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Hyderabad: Oppo India has signed a memorandum of understanding with BITS Pilani to upskill its research and development (R&D) engineers with advanced technological learnings. The smartphone maker has its largest R&D centre in India in Hyderabad and with the partnership with BITS Pilani it wants to help its employees acquire skill upgradation while focusing on […]
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Hyderabad: Prestige Group launched Beverly Hills, a prime residential development in Hyderabad. Located in the emerging commercial and residential hub of Kokapet, the property features three high-rise towers comprising a variety of three and four-bedroom homes spread across 816 apartment units, spread over 5.75 acres. The property is in proximity with retail outlets, schools, and […]
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Hyderabad: Telangana’s startup ecosystem builder T-Hub announced on Tuesday that it has got selected under the Startup India Seed Fund Scheme by DPIIT, Government of India, to disburse Rs 5 crore among eligible startups with an objective to support and fuel early-stage funding in startups. With an aim to provide value-driven and effective growth for […]
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New Delhi: The number of Indian billionaires grew from 102 to 142, while 84 per cent of households in the country suffered a decline in their income in 2021, which was also a year marked by tremendous loss of life and livelihoods, according to non profit Oxfam India’s latest report published on Monday. The report […]
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Hyderabad: Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing, and development of Micro, Small and Medium Enterprises (MSMEs), has entered a Memorandum of Understanding (MoU) with the Government of Telangana to develop the MSME ecosystem in the State. The MoU was signed by D Krishna Bhaskar, director, […]