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Home  Business

Business

Rupee falls 12 paise to 81.86 against US dollar in early trade

Rupee falls 12 paise to 81.86 against US dollar in early trade

  • Lionel Messi and Cristiano Ronaldo come together

    Messi and Ronaldo are pitted against one another, off the field, in a game of wits -- chess, played on iconic LV trunks.
  • Jeff Bezos warns of recession, advises not to make big purchases

    Hyderabad: Amazon founder Jeff Bezos, and his girlfriend Lauren Sanchez recently gave their first sit-down exclusive television interview to CNN. In the same interview, Bezos announced that he will donate the majority of his $124 billion net worth to charities to combat climate change and to support people who can unify humanity amid growing social […]
  • Copycat founders mimicking Musk in sacking employees: Ashneer

    Musk has fired almost half of Twitter employees, apart from sacking thousands of contractual workers.
  • RBI Handbook of Statistics: Telangana scripts success stories across sectors

    RBI said the Indian economy exhibited remarkable resilience to multiple shocks encountered in succession since early 2020
  • ‘High oil prices became a challenge in terms of managing consumer inflation’

    Hyderabad: The domestic vegetable oil industry is pegged at Rs 2.5 lakh crore. The sector has seen huge volatility this year. High oil and oilseed prices, which normally would be a stimulus for increased production, became a challenge in terms of managing the consumer inflation, Indian Vegetable Oil Producers’ Association President Sudhakar Desai tells Telangana […]
  • Zomato begins lay-offs, plans to cut workforce by 4 per cent

    Hyderabad: We have seen a trend of lay-offs across tech companies, but it does not stop here. The food delivery aggregator, Zomato, began laying off employees as it looks to cut costs and turns toward becoming profitable. At least a hundred employees have already been impacted by this lay-off across departments like tech, product, catalog, […]
  • Cisco to lay off over 4,000 employees in a ‘rebalancing’ move

    According to a report in the Silicon Valley Business Journal, the move will result in approximately 4,100 jobs cut at Cisco which has a 83,000-strong workforce globally.
  • Another 1,200 employees quit Twitter amid internal mayhem

    The New York Times reported that key infrastructure teams have been "decimated" at Twitter and Musk sent an email to employees asking them about the details regarding the underlaying technology.
  • LTIMindtree expands its Hyderabad operations

    Hyderabad: LTIMindtree, a global technology consulting and digital solutions company, further expanded its Hyderabad operations by setting up a new digital experience centre in Hitec City. IT and Industries Minister KT Rama Rao inaugurated the new premises. The 1,00,000 sq ft centre will accommodate 1,000 professionals. Designed to provide a collaborative working experience, the centre […]
  • Hyderabad-based MagikMinds gets acquired by TRC

    Hyderabad: Hyderabad-based MagikMinds got acquired by the TRC Companies, which is into providing technology engineering, consulting and environmental services in the power and utility, transportation, Government, commercial and industrial segments. Founded in 2010, MagikMinds provides geospatial information systems (GIS) consulting and implementation services to utilities and telecom industries. It has presence in the US, Canada, […]
  • First private rocket made by T-Hub incubated company, zooms into space

    Pawan and Bharath, who consider rockets to be the most fascinating pieces of machinery ever built, have known each other since their days working with the Indian Space Research Organisation (ISRO).
  • Markets shed early gains to trade lower

    The 30-share BSE Sensex climbed 179.28 points to 61,929.88 in early trade. The broader NSE Nifty advanced 50.7 points to 18,394.60.
  • Rupee gains 10 paise to 81.54 against US dollar

    At the interbank foreign exchange, the domestic unit opened up at 81.59 against the dollar, then gained further ground to quote 81.54, registering a gain of 10 paise over its previous close.
  • Qualcomm doubles down on 5G with Jio to connect 100 mn Indian homes

    Qualcomm is working very closely with Reliance Jio to provide its chipset platforms for the 5G fixed wireless access and the Open RAN 5G network.
  • Amazon CEO confirms more layoffs coming in early 2023

    The e-commerce giant publicly confirmed some layoffs on Wednesday and now, Jassy has said more layoffs are coming as Amazon's annual planning process extends into the new year.
  • Annalect India moves to new office in Hyderabad

    Annalect India, a marketing and communications player, announced its new office in Hyderabad.
  • Hyderabad-based ekincare partners with Stanplus to offer emergency services to its customers

    Hyderabad: Hyderabad-based health benefits platform ekincare and medical response company Stanplus joined hands to provide emergency services to the former’s more than 500 corporate customers. Under this, ekincare customers will have access to Stanplus’ network of about 6,000 ambulances in 550 locations cities across India with a 24/7 emergency support helpline, an ambulance support at […]
  • Hyderabad-based Natco Pharma appeal rejected in US court

    Hyderabad City-based Natco Pharma said that the Appeals Court in the US has rejected its marketing partner Alvogen’s appeal on Ibrutinib tablets. These are proposed generic equivalents to Imbruvica tablets made Pharmacyclics LLC. It is indicated in the treatment of cancer. Natco and its co-development and marketing partner Alvogen Pine Brook are assessing their option […]
  • Hyderabad: NoBroker.com launches experience centre at Gachibowli

    Hyderabad: NoBroker.com, a tech-based real estate platform, launched an experience centre at Gachibowli. This will offer customers a touch-and-feel experience of home decor products. The platform has about 10 lakh customers in the city. “The home interiors’ organised market is capturing a small segment of the overall market and there is scope for NoBroker to […]
  • MEIC recognised among India’s Best Workplaces for Women

    Hyderabad: Medtronic Engineering and Innovation Centre (MEIC) in Hyderabad has been recognised among India’s Best Workplaces for Women 2022 by Great Place to Work India. MEIC features amongst the top 100 organisations for best places to work for women. This certification recognises MEIC’s work foster inclusion, diversity, and equity, it said. MEIC is Medtronic’s largest […]
  • Telangana plans to set up two new aerospace parks

    The State also has plans for an aerospace university in partnership with the industry, he said, adding that it was open for collaborations with ecosystem partners.
  • Markets fall in early trade on weak global equities

    The 30-share BSE Sensex declined 211.76 points to 61,768.96 in early trade. The broader NSE Nifty dipped 57.95 points to 18,351.70.
  • Rupee falls 37 paise to 81.63 against US dollar in early trade

    Forex traders said the American currency strengthened after strong US retail sales data pointed to resilient consumption despite a slowing economy, adding room for tighter policy by the US Federal Reserve.
  • Amazon confirms layoffs, employees say ‘horrendous way to treat people’

    The company did not reveal the exact number of employees being hit although earlier reports put the number at 10,000 employees or 3 per cent of its workforce.
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