Business

New Delhi: Indian equity benchmarks extended their losses from the previous session and tanked sharply due to weak global cues amidst high volatility. Asian stocks fell as the US inflation for April stood persistently high, which dented investors’ confidence. The US April inflation print came at 8.3 per cent from a year ago, slower than […]

Mumbai: The rupee slumped 30 paise to 77.55 against the US dollar in opening trade on Thursday as a lacklustre trend in the domestic equity markets and a firm American currency weighed on investor sentiment. Besides, persistent foreign fund outflows and elevated crude oil prices impacted the domestic unit, forex traders said. At the interbank […]

New Delhi: Google has finally announced a Pixel Watch that will arrive along with Pixel 7 smartphone later this fall. The company also showcased its first Android tablet. The Pixel Watch will come with a circular, domed design and features a “tactile” crown and side button. Made of recycled stainless steel, the watch will run […]

Hyderabad: NCC Limited reported a profit after tax of Rs 242.1 crore for the quarter ended March this year. This is more than double compared to Rs 116.83 crore same period last year. For the full financial year that ended in March, it reported a net profit of Rs 482.41 crore, an increase of 80 […]

Hyderabad: Uber Technologies on Wednesday announced a fresh round of recruitment for its India tech centers with a plan to hire 500 more technology employees by December. The app-based mobility and delivery company has a 1,000-member technology team across its centers in Hyderabad and Bengaluru. Uber hired 250 engineers to its India teams in 2021. […]

Hyderabad: Telangana based startup ecosystem builder T-Hub on Wednesday announced that it has selected 16 startups for the sustainability cohort of the AIC T-Hub Foundation programme. The programme aims to foster innovation and entrepreneurship across the sustainability sector and is designed to help entrepreneurs navigate the challenges of scaling a sustainable startup through workshops, mentorship, […]

Hyderabad: Hyderabad-based Cyient’s founder and chairman Dr BVR Mohan Reddy has been inducted into the ‘Geospatial Hall of Fame’ at the Geospatial World Forum (GWF) 2022 at Taets Art & Events Park, Amsterdam. Dr Reddy received this award for his contribution to the geospatial industry through innovation and research and development-led engineering services. The Hall […]

Mumbai: The rupee appreciated 17 paise to 77.17 against the US dollar in opening trade on Wednesday as the American currency retreated from its elevated levels. At the interbank foreign exchange, the rupee opened at 77.24 against the American dollar, then gained further ground to quote at 77.17, registering a rise of 17 paise from […]

Mumbai: The Indian stock market’s benchmark Sensex was trading 222.03 points down on Wednesday dragged by heavy selling pressure in the index heavyweight Asian Paints. The 30 stock S&P BSE Sensex was trading 222.03 points or 0.41 per cent down at 54,142.82 points at 10:05 am. The broader Nifty 50 of the National Stock Exchange […]

New Delhi: Apple has announced to discontinue the iPod that was introduced over 20 years ago and captivated users all over the world with music on the go. The company said the latest iPod touch model will be available while supplies last. Customers can purchase iPod touch through apple.com/in,and Apple Authorised Resellers while supplies last, Apple […]

Hyderabad: Many dream of starting their own business. But few actually manage to make it come true. Srujana Kanumuri, a marketer-turned-entrepreneur with a background in culinary arts, did exactly that when she founded FoodHosts. FoodHosts is a new food tech startup in town that connects local Artisan Indie chefs to food lovers across the city. […]

Hyderabad: The India Blockchain Accelerator has shortlisted 14 early-stage Web3 startups for the final evaluation round for its first-ever mentorship and financing programme. Launched in December 2021 as a joint initiative of the Telangana government, Crypto investing app CoinSwitch and innovation management firm Lumos Labs, the accelerator provides a $7,00,000 (about Rs 5.2 crore) grant […]

Hyderabad: City-based sport analytics platform HomeGround has been selected for the Sport & Event Tech programme 2022 cohort by Startupbootcamp Australia. It is among the ten startups selected globally for the programme. This programme allows startups to get funding, mentors and a chance to present to top investor community. The three-month programme, which will begin […]

Hyderabad: Swiss Re Global Business Solutions (GBS) India, the analytical and innovation hub of Swiss Re, will launch a new centre in Hyderabad in September. The new GBS centre strengthens Swiss Re’s commitment to India, as well as its digital, data and technology capabilities in delivering global solutions that make the world more resilient. Swiss […]

Mumbai: The Indian stock market’s benchmark Sensex was trading flat on Tuesday dragged by heavy selling pressure in the metal and consumer durables stocks. The 30 stock S&P BSE Sensex was trading 30.62 points or 0.06 per cent down at 54,440.05 points at 10:00 am. The broader Nifty 50 of the National Stock Exchange was […]

Hyderabad: We have job portals that cater to the white-collar workers but not much has been offered to the blue-collar workers ranging from delivery boys to carpenters to electricians. While some platforms provide jobs, the space lacks a one-stop platform wherein blue-collared workers can access job listings and apply for jobs of their choice. Having […]

Hyderabad: California-based Grid Dynamics Holdings, a digital transformation services and solutions firm, announced the opening of Grid Dynamics India office in Hyderabad. The new centre is expected to employ 1,000 engineers by the end of 2022. “Hyderabad continuing to attract multinational companies is a testimony to the able and stable government that Telangana has, the […]

New Delhi: As thousands of commuters find themselves at the mercy of Uber and Ola drivers via ride cancellations, cancellation charges, random surge pricing and long waiting times, the Central Consumer Protection Authority (CCPA) was set to grill cab aggregators over their algorithms on Tuesday. The regulator, under its Chief Commissioner Nidhi Khare, was set […]

Sangareddy: iTIC Incubator at Indian Institute of Technology Hyderabad (IIT-H) recently selected eight deep tech startups from across India to support them via their pre-incubation and incubation support programs. A signing and on-boarding ceremony was organised to facilitate and give a boost to top-notch startups. The iTIC Incubator is investing up to Rs 25 lakh […]

New Delhi: The Enforcement Directorate (ED) on Monday denied the allegations made by Xiaomi India stating that the statements of its officials were taken under coercion as “untrue” and “baseless”. “ED denies allegations made by Xiaomi India that statements of its officials were taken under coercion as untrue and baseless,” the probe agency said in […]

Hyderabad: The Hyderabad Software Enterprises Association (Hysea) has elected its first women president. Infosys Hyderabad SEZ Centre Head Manisha Saboo will be the new president of Hysea for the term 2022-24. She takes over this role from the outgoing president Bharani K Aroll, CEO, Infopeers. Manisha represents Infosys in Hysea and as the Hysea CSR […]

Dubai: Adani Sportsline, a part of the Adani Group, on Monday made a foray into franchise cricket by acquiring the rights to own and operate a franchise in UAE T20 League. Licensed by the Emirates Cricket Board, the UAE T20 League will be an annual event that will feature six teams competing in a 34-match event. […]

Mumbai: The rupee extended its losses and touched an all-time low of 77.42 against the US dollar in early trade on Monday weighed down by the strength of the American currency in the overseas market and unabated foreign fund outflows. At the interbank foreign exchange, the rupee opened at 77.17 against the American dollar, then […]

New Delhi: Tesla CEO Elon Musk on Monday sent another cryptic tweet about his death under “mysterious circumstances”, a post which his mother Maye Musk did not like at all. If I die under mysterious circumstances, it’s been nice knowin ya — Elon Musk (@elonmusk) May 9, 2022 “If I die under mysterious circumstances, it’s […]