Business

Chennai: With gloomy global economic outlook, Moody’s Investors Service turned moody on Friday and cut 2022 gross domestic product (GDP) projections for India to 7 per cent and projected 2023 at 4.8 per cent. The global credit rating agency has also lowered the economic growth expectations of several other countries — advanced and emerging economies. […]

A strong rupee against major rivals and continuous buying by foreign funds added to the momentum, traders said.

At the interbank foreign exchange, the domestic unit opened at 80.76 against the dollar, then gained further ground to touch 80.69, registering a rise of 71 paise over its previous close.

In a note posted to Twitter's Slack and seen by The Verge, an attorney on the company's privacy team said that Musk has shown that his only priority with Twitter users is how to monetise them.

The new centre will support company’s product development and services delivery.

Hyderabad: Hyderabad witnessed residential properties worth a whopping Rs 2,237 crore being transacted in the month of October. In its latest assessment released on Thursday, Knight Frank India said a total of 4,597 apartments were registered last month with 51 per cent of all homes registered being in the price range of Rs 25 lakh […]

The 30-share BSE index was trading 280.36 points or 0.46 per cent lower at 60,753.19 in initial deals. Similarly, the broader NSE Nifty fell 87.35 points or 0.48 per cent to 18,069.65.

Forex traders said the focus will be on the US October CPI print scheduled to be released later on Thursday.

Credit bureau Experian India has announced a service that allows Indian consumers to check their credit score on WhatsApp for free.

A pilot initiative of `AI For All’ was launched on Wednesday at the Telangana Mahila Vishwa Vidyalayam.

Syngene International and RICH launched a programme to support women studying STEM.

PhonePe is the first UPI Third Party Application Provider (TPAP) App to roll out the Aadhaar-based UPI onboarding flow that will now enable several crore Indians to become a part of the UPI ecosystem.

Hyderabad: Anvayaa, an IoT and AI tech-based elderly care platform, doubled its office space in Hyderabad to accommodate rapid growth and enhance the services with tech-enabled solutions. The Hyderabad office expansion has been carried out in the same building and the workspace increased to 8,000 sqft to accommodate more staff. The office extension was inaugurated […]

Hyderabad: Keka, a Hyderabad-based HR tech player, has secured $57 million (about Rs 461 crore) from WestBridge Capital in Series A funding. The funding secured by Keka is among the largest by the software-as-a- service players. The company has drawn up plans to double its headcount from 500 to 1,000 in a year’s time and […]

Hyderabad: About 52 companies had come up with IPOs in the financial year 2021-22. As a result, these companies raised Rs 1.11 trillion in the equity market through IPOs. And with so much money being raised by different companies, you might be thinking about what an IPO is. Initial Public Offering (IPO) is a process […]

As part of this collaboration, a fleet of electric two-wheelers and three-wheelers from TVS Motor will be deployed for Amazon's last-mile deliveries.

New Delhi: Enterprise software company Salesforce has now laid off hundreds of employees, as Big Tech firms navigate through an economic slowdown. Protocol first reported that Salesforce was preparing for a major round of layoffs that could affect as many as 2,500 employees. The company, however, told media publications that the job cuts affected “less […]

HYSEA in collaboration with Hyderabad Fintech Forum organised `Catalyst’ event Tuesday at HICC.

The participants were from across varied industries and worked full-time, part-time, or were business owners, or self-employed.

Hyderabad: The prices of all cryptocurrencies have been steadily declining over the last month. Especially, top coins like Bitcoin and Ethereum have been suffering a dip due to selling pressure in the last few weeks. Many are of the opinion that cryptocurrencies are unlikely to recover anytime soon, but a few investors are still in […]

Currently, about 12 companies have begun their operations creating employment to about 475 people.

Hyderabad: Detroit headquartered US Tech firm Pi Square Technologies opened its Global Delivery Centre (GDC) in Hyderabad Monday. The Centre will focus on data science and analytics, IoT, cyber security, animation, VFX, virtual reality and VR among others. It will engage in serving global technology firms in North America, Europe, and APAC regions. The Global […]

The Minister discussed progress of ongoing projects and its expansion plans in Hyderabad including C-130J empennages and F16 wings.

Hyderabad: Banking and financial services company Bandhan Bank has unveiled a special limited-period fixed deposits scheme. Under the special FD, the bank will offer interest rates of 7.5 per cent and 8 per cent for the general public and senior citizens, respectively.  The new interest rates are applicable on retail deposits below Rs 2 crore […]