Business

After four continuous sessions of gains, the 30-share Sensex plunged 530.36 points or 0.88 per cent to 60,040.72 points while the Nifty declined 150.75 points or 0.83 per cent to 17,919.30 points.

On Tuesday, the rupee appreciated by 36 paise to close at an over one-month high of 79.17 against the dollar.

TReDS is a mechanism to facilitate the discounting of invoices for MSMEs from corporate buyers through multiple financiers.

Ahmedabad/New Delhi: Mining conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn will make one of the largest ever investments of Rs 1.54 lakh crore in setting up India’s first semiconductor plant in Gujarat. The 60:40 joint venture of Vedanta-Foxconn will set up a semiconductor fab unit, a display fab unit, and a semiconductor assembling and […]

Hyderabad: Hyderabad saw 7.2 million sqft of gross leasable area (GLA) in malls during January to June this year. This is about 7.7% of the country’s (top eight Indian cities) total mall stock of 92.9 million sqft. About 3.9 million sqft (52%) of Hyderabad’s mall space is classified as Grade A, the highest share of […]

Hyderabad: The pharmaceutical exports from India from April 2021 to March 2022 stood at $ 24.6 billion (about Rs 1.94 lakh crore. These exports were just 0.71% more than $ 24.4 billion recorded during 2020-21. In 2020-21, the growth was 18% over $ 20.7 billion achieved during 2019-20, said Ravi Uday Bhaskar, Director General of […]

The acquisition will help Mensa Brands launch new categories, scale D2C, invest in brand-building and expand to global markets.

Trading momentum was positive ahead of retail inflation and industrial output data, which will be announced after market hours.

At the interbank foreign exchange market, the rupee opened at 79.66 against the greenback, then fell to 79.67, registering a decline of 10 paise over its last close. In initial deals, the local unit also touched 79.64 against the dollar.

The worldwide smart personal audio shipments fell by 1.7 per cent year on year to 98.1 million units, according to market research firm Canalys.

Will 5G promises to give a boost Internet of Things (IoT), Smart Cities and Industry 4.0 for efficient, safer and productive work, better traffic management and infrastructure monitoring and automation in factories, improve the speed of working.

In Twitza, iSprout provides 1,400 seats on a space of about 85,000 sqft.

Hyderabad: Hyderabad-based formulation manufacturing company Zenara Pharma, a subsidiary of Biophore India Pharmaceuticals, has announced that it has launched Nirmatrelvir and Ritonavir tablets in a combi-pack as a treatment option for patients with mild to moderate symptoms of Covid-19. It had received approval from the Central Drugs Standard Control Organization (CDSCO) to manufacture and market […]

PwC will help AGI Greenpac innovate, develop and implement new management systems that comply with environmental and safety aspects.

Overall automobile sales rose to 18,77,072 units in August 2022 as against 15,94,573 units sold in August 2021.

The 30-share BSE Sensex climbed 431.58 points to 60,119.80 in early trade. On similar lines, the broader NSE Nifty went higher by 127.2 points to 17,925.95.

At the interbank foreign exchange, the domestic unit opened at 79.66 against the dollar, then touched 79.61 in initial deals, registering a gain of 8 paise over its previous close.

RBI has already announced that it will pilot Central bank digital currency, the digital equivalent to the rupee, this year, read here to know what it means.

The Adani Group has made an open offer for 26 per cent stake in the satellite channel company NDTV at Rs 294 per share with a face value of Rs 4.

Even after the BJP-led Government scrapping an already sanctioned ITIR, Telangana continues to nurture the IT landscape and it reached a point where one in every three jobs created across India is from Telangana.

Sampath Tummala, Hyderabad Co-chapter Head, NRAI, Shankar Krishnamurthy, Hyderabad Chapter Head, NRAI, and Shaaz Mehmood, Chapter Founder NRAI Hyderabad announcing the hosting of India's Largest Restaurant Industry Conclave in Hyderabad on Wednesday.

About 38 per cent of the firms— of which half of them belong to the technology sector— indicated that they are planning to expand their portfolio in the next 6 to 18 months by leasing both traditional and flex spaces.

Addressing the India Ideas Summit organised by US-India Business Council, he said that US' help would be critical in helping India become self-reliant in semi-conductor manufacturing.

Adani group is stepping up investments across the green energy value chain as it aims to become the world's top renewable energy producer by 2030.