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Hyderabad: Telangana AI Mission (T-AIM) has selected 38 startups into the second cohort of the Revv Up acceleration programme launched by Telangana Government and NASSCOM. The programme will empower the AI startups through a series of structured interventions. The cohort represents 12 sectors including enterprise software-as-a-service, healthcare, e-commerce, HRTech among others. More than two-thirds of […]
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Hyderabad: National Fisheries Development Board (NFDB) has opened a retail outlet complex at Bharatnagar metro station on Tuesday. Dr C Suvarna, chief executive, NFDB inaugurated the fish retail outlets complex at ground floor of Bharatnagar metro station, Hyderabad. The complex consists of 16 shops, which have been modified to sell the fish and fishery products […]
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Hyderabad: Megha Engineering and Infrastructures Limited (MEIL), which has secured an order from ONGC to supply 47 oil and gas rigs, expects commissioning of 15 of them by May end, a senior official of the company said on Tuesday. The company has expedited the delivery of rigs and the handing over of a 2,000-HP land […]
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Hyderabad: Despite the unprecedented disruption caused by the pandemic to the services sector due to the contact-intensive nature , Telangana’s services sector Gross Value Added (GVA) experienced a positive growth rate at current prices (0.91%) in 2020-21 as compared to the negative growth rate at the national level (-4.65%). The services sector remained a dominant […]
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Hyderabad: Hyderabad-headquartered CtrlS Datacenters has been certified as a Great Place to Work for the fourth year in a row. In addition to high employee satisfaction and lower attrition, the company had a positive bearing on its customers reflecting in the net promoter score (NPS) of 70, which is regarded as the best in the […]
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Hyderabad: Venture capital company Accel is inviting applications for the second cohort of the Atoms programme. Early-stage startups can apply to be a part of the programme on atoms.accel.com. Applications are open for Southeast Asian startups as well. Accel has 14 startups (including Hyderabad-based Material Depot) that were part of the first cohort of its […]
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Hyderabad: During 2020-21, Telangana exported merchandise goods worth Rs 64,539 crore. Pharmaceutical goods and organic chemicals constituted 65 per cent of the total goods exported. The USA was the largest importer of goods from Telangana, importing over 26.3 per cent of all exports by value, said Telangana Socio Economic Outlook 2022. In the year 2021-22 […]
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Hyderabad: Crypto investment platform Giottus is aiming for an exponential growth to reach one crore customer base within next one year. The company is forging partnerships with global cryptocurrency exchanges and is widening its offerings. Cities such as Mumbai, Delhi and Hyderabad are driving volumes for the platform while there is also demand from non-metros. […]
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Hyderabad: About 13,630 industries out of the 17,920 industries have got the clearances under the State’s industrial policy TS-iPass have commenced their activities. They have provided employment to 8.17 lakh people and have brought in an investment of Rs.1.07 lakh crores. Another 4,982 industries are going to commence their operations shortly, said Finance Minister T […]
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Hyderabad: The Telangana Finance Minister T Harish Rao on Monday introduced the State budget in the State Legislature with an outlay of Rs 2,56,958 crore. The budget laid out for FY23 is balanced for all segments and robust given the current state of affairs, and has significant allocations towards roads, canals, sewerage treatments, irrigation and […]
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Hyderabad: The rupee hit an all-time low of nearly 77 a dollar on Monday after Brent crude – the global oil benchmark – surged to settle around $ 130 after touching $ 139 a barrel. The prices of crude at this point of time are the highest level since July 2008 after the US said […]
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Hyderabad: Hyderabad-based digital lifestyle and audio accessories company pTron is ramping up capacities and is in the process of setting up a new R&D and manufacturing facility in Hyderabad. The company is also reaching out to customers through omnichannel route to increase its market share. pTron offers a range of mobile accessories such as bluetooth […]
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BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and positions over his alleged "misdeeds" and may take further legal actions, including clawing back of some of his shareholding.
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The tech giant has a large raft of rumoured products set to launch throughout 2022. While some are expected to arrive later in the year, such as the usual fall "iPhone 14" refresh, there's a collection of products that could appear at this earlier event.
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Hyderabad: Telangana has been attracting a slew of investments since it was formed and now it has got one of its biggest foreign direct investment (FDI) with technology giant Microsoft all set to invest Rs 15,000 crore for its largest datacentre region of India in Hyderabad. IT Minister K T Rama Rao said Microsoft would […]
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New Delhi: Indian economy is expected to incur an additional $70 billion burden (or 1.9 per cent of the country’s GDP) in FY23 as compared to the current fiscal at an average crude price of $120 per barrel, said brokerage house Kotak Securities. Steep crude prices will pose stiff challenges in the form of higher […]
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New Delhi: MG Motor India on Monday said it has launched the all-new version of ZS EV in the country with price starting at Rs 21.99 lakh (ex-showroom). The all-new ZS EV will be available in two variants — Excite and Exclusive, priced at Rs 21.99 lakh and Rs 25.88 lakh, respectively. The company said […]
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Mark Gurman in his latest Power On newsletter said a "developer source" has informed him that in recent weeks, Apple has been testing a chip with an eight-core CPU and a 10-core GPU across multiple Macs on the latest macOS beta, reports MacRumors.
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Brent crude oil briefly surged over $10 to nearly $130 a barrel early Monday. Benchmark U.S. crude was up nearly $9 at more than $124 a barrel.
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In August last year, the start-up had raised Rs 75 crore in a Series-B funding round led by Elevation Capital.
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Accordingly, rising prices of crude oil along with other commodities triggered by the Russia-Ukraine war had kept a weak pressure on the rupee.
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The 30-scrip BSE Sensex was down by 1493.02 points or trading at 52840.79 and down by 2.75 per cent at 9.30 am.
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San Francisco: Tech giant Microsoft has completed its $19.7 billion of Nuance, a company that specialises in artificial intelligence that also has a strong foothold in the medical industry. Microsoft initially announced its agreement to purchase Nuance for $19.7 billion back in April 2021. The deal has since gone through the required regulatory approvals, reports […]
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New Delhi: The government is expected to defer the mega initial public offering (IPO) of LIC to the next financial year as the ongoing Russia-Ukraine war has dampened fund managers’ interest in the public issue, market experts said on Sunday. The government was looking to sell 5 per cent stake in Life Insurance Corporation (LIC) […]
