Business

Sitharaman also noted with some satisfaction that the fundamentals of the Indian economy were in a good position at this time -- "I'm not asking for celebration, but it is true that we are holding together".

The buzzword of the day is ‘CBDC’ or Central Bank Digital Currency (e-rupee) as indicated by the Reserve Bank of India (RBI) in a recent concept paper.

Meta’s (formerly Facebook) `Creator Day’ in Hyderabad on Saturday proved the ideal platform for makers of reels to meet, collaborate, try out the new tools and learn from their peers.

Hyderabad: Co-living operator Settl said it will add 1,000 beds in Hitec City to meet the rising demand for quality homes from working professionals. Bengaluru-headquartered Settl already has five co-living centres comprising 300 beds at Madhapur, Gachibowli and Jubilee Hills. The company charges between Rs 9000 and Rs 12,000 per bed per month. “With a […]

Startup incubator T-Hub announced the selection of ten startups for the AIC T-Hub semiconductor programme.

Hyderabad: Hyderabad is spreading fast across all four zones, and showcasing different residential and commercial projects in northern part, CREDAI Hyderabad for the first time is organizing its North Hyderabad Property Show on November 5 and 6 at Auspacious Convention Centre in Kompally. Leading projects, including apartment complexes, villas, plots, and commercial spaces in Balanagar, […]

Hyderabad: The Canara Bank, Circle office, Hyderabad conducted an export, import data processing and monitoring system (E/IDPMS) resolution meet here on Wednesday. Hyderabad Circle Head KH Patnaik and General Manager R Anuradha were present at the event held to create awareness and address issues faced by exporters and importers in submitting the data pertaining to […]

Hyderabad-based Isthara, which offers shared living spaces, smart food courts, and cafeterias services, has raised a fresh funding of $10 million

According to the report the two major factors that have helped OYO improve unit economics as it turned EBITDA (adjusted) positive in the first quarter of FY23 is the broad-based improvement in travel trends and business restructuring by the company.

In morning trade, the scrip declined 6.18 per cent to Rs 382.55 on the BSE and 6.20 per cent to Rs 382.60 on the NSE.

The price rise has been sharper in rural India. National Statistics Office showed consumer price index-based inflation (CPI) in rural India surged to 7.56 per cent in September while for urban India it stood at 7.27 per cent.

Hyderabad: Hyderabad-headquartered Gemini Edibles and Fats India’s (GEF) flagship brand ‘Freedom’ commands an over 20 per cent market share in the branded sunflower oil segment across the country. The company, which imports about four lakh tonne sunflower oil and is the largest importer, clocked revenues of more than Rs 10,480 crore, with 55 per cent […]

Hyderabad: Business cloud software player Infor Wednesday announced the opening of its new development centre (DC) at Hitec City. The new facility is spread over 3,50,000 sq ft and can accommodate 3,500 employees. Infor’s India DC is among the company’s two largest locations in the world. With this, Infor will focus on technologies such as […]

Musk took to Twitter to announce the launch of his perfume line. He wrote, "With a name like mine, getting into the fragrance business was inevitable - why did I even fight it for so long!?"

At 9.44 am, Sensex traded at 57,428.45 points, up 281.13 points or 0.49 per cent, whereas Nifty traded at 17,063.80 points, up 80.25 points or 0.47 per cent.

Moreover, risk aversion sentiment among investors and weak Asian and emerging market currencies weighed on the local unit.

Hyderabad: SpringML, a machine learning and data analytics services player, has recently opened a new office in Financial District. “ The abundance of talent in Hyderabad is obvious and I’m excited to see the next phase of growth in India,” said Charles Landry, company Chief Executive Officer. SpringML has been hiring talent from major universities […]

Hyderabad-based BioReform figured in the list of seven startups selected for receiving funding and guidance from Atal Incubation Center Foundation

Hyderabad: US-based product development company WorkFusion has opened a 200-seater office at Hitec City. Speaking at the launch ceremony, IT and Industries Principal Secretary Jayesh Ranjan said banking, financial services and insurance space has increased enormously in Hyderabad. The segment now contributes one-third of the total Indian BFSI industry. The Telangana Government practices, growing infrastructure, […]

TiE (The Indus Entrepreneurs) has announced their TGS100 initiative, which aims to recognise 100 innovative startups from all over the world in collaboration with the Indian School of Business (ISB).

IT and Industries Principal Secretary Jayesh Ranjan, TASK CEO Srikanth Sinha and Kalyan Ranjan, HCCB Associate Vice President, Public Affairs and Communication, were present at the MoU signing.

Bengaluru: The funding in Indian startups nosedived a massive 80 per cent (year-on-year) in the third quarter (July-September period) this year, with the late stage funding seeing the biggest fall, a report showed on Tuesday. Indian startups raised $3 billion in Q3, which was also 57 per cent lower as compared to the previous quarter […]

The 30-share BSE benchmark tumbled 825.61 points to 57,365.68. The broader NSE Nifty fell 249.95 points to 17,064.70.

Moreover, a negative trend in domestic equities and firm American currency sapped investor appetite, forex traders said.