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Home  Business

Business

Hetero acquires manufacturing plant at Penjerla, to invest Rs 600 crore and create 2,000 jobs

Hetero acquires manufacturing plant at Penjerla, to invest Rs 600 crore and create 2,000 jobs

  • Rupee falls 19 paise to 82.38 against US dollar

    At the interbank foreign exchange, the domestic unit opened lower at 82.33 against the dollar, then lost further ground to quote at 82.38, registering a fall of 19 paise over its previous close.
  • Chennai: Jewellery shop owner gifts cars, bikes to staff for Diwali

    "As many as 10 employees have been gifted cars while 20 have been gifted bikes", said the owner of the jewellery shop, Jayanthi Lal.
  • Edible oil prices start to cool as imports are back on track

    Hyderabad: Ahead of the festive season, prices of edible oil are coming down. Edible oils had seen prices touch new highs in the last few months. The prices are now heading down as the imports, which were impacted by the Russia-Ukraine war, are back on track. For instance, sunflower oil, which was selling at around […]
  • CriticalRiver receives three awards by Comparably

    The organization has swept the board in all three categories in the Q3 Workplace Culture Awards 2022 from the leading corporate brand reputation platform.
  • Inflation ‘manageable’ at 7.4%, love to see it down to 4%, says Sitharaman

    Sitharaman also noted with some satisfaction that the fundamentals of the Indian economy were in a good position at this time -- "I'm not asking for celebration, but it is true that we are holding together".
  • Rewind: Let’s welcome the e-rupee 

    The buzzword of the day is ‘CBDC’ or Central Bank Digital Currency (e-rupee) as indicated by the Reserve Bank of India (RBI) in a recent concept paper.
  • Meta holds Creator Day in Hyderabad

    Meta’s (formerly Facebook) `Creator Day’ in Hyderabad on Saturday proved the ideal platform for makers of reels to meet, collaborate, try out the new tools and learn from their peers.
  • Co-living player Settl to expand in Hyderabad

    Hyderabad: Co-living operator Settl said it will add 1,000 beds in Hitec City to meet the rising demand for quality homes from working professionals. Bengaluru-headquartered Settl already has five co-living centres comprising 300 beds at Madhapur, Gachibowli and Jubilee Hills. The company charges between Rs 9000 and Rs 12,000 per bed per month. “With a […]
  • Ten startups selected for AIC T-Hub semiconductor programme

    Startup incubator T-Hub announced the selection of ten startups for the AIC T-Hub semiconductor programme.
  • CREDAI to organise North Hyderabad Property Show on November 5, 6

    Hyderabad: Hyderabad is spreading fast across all four zones, and showcasing different residential and commercial projects in northern part, CREDAI Hyderabad for the first time is organizing its North Hyderabad Property Show on November 5 and 6 at Auspacious Convention Centre in Kompally. Leading projects, including apartment complexes, villas, plots, and commercial spaces in Balanagar, […]
  • Canara Bank holds resolution meet for importers, exporters in Hyderabad

    Hyderabad: The Canara Bank, Circle office, Hyderabad conducted an export, import data processing and monitoring system (E/IDPMS) resolution meet here on Wednesday. Hyderabad Circle Head KH Patnaik and General Manager R Anuradha were present at the event held to create awareness and address issues faced by exporters and importers in submitting the data pertaining to […]
  • Hyderabad-based Isthara raises $10 million, plans to foray into retail food courts

    Hyderabad-based Isthara, which offers shared living spaces, smart food courts, and cafeterias services, has raised a fresh funding of $10 million
  • This is how OYO became profitable at operating level in Q1FY23, reveals Jefferies

    According to the report the two major factors that have helped OYO improve unit economics as it turned EBITDA (adjusted) positive in the first quarter of FY23 is the broad-based improvement in travel trends and business restructuring by the company.
  • Wipro shares fall 6 pc on lower quarterly profit

    In morning trade, the scrip declined 6.18 per cent to Rs 382.55 on the BSE and 6.20 per cent to Rs 382.60 on the NSE.
  • India’s retail inflation increases above tolerance for 3rd straight quarter; What does it mean?

    The price rise has been sharper in rural India. National Statistics Office showed consumer price index-based inflation (CPI) in rural India surged to 7.56 per cent in September while for urban India it stood at 7.27 per cent.
  • Freedom rules sunflower oil market with 20 per cent share

    Hyderabad: Hyderabad-headquartered Gemini Edibles and Fats India’s (GEF) flagship brand ‘Freedom’ commands an over 20 per cent market share in the branded sunflower oil segment across the country. The company, which imports about four lakh tonne sunflower oil and is the largest importer, clocked revenues of more than Rs 10,480 crore, with 55 per cent […]
  • Infor sets up its India development centre in Hyderabad

    Hyderabad: Business cloud software player Infor Wednesday announced the opening of its new development centre (DC) at Hitec City. The new facility is spread over 3,50,000 sq ft and can accommodate 3,500 employees. Infor’s India DC is among the company’s two largest locations in the world. With this, Infor will focus on technologies such as […]
  • Elon Musk launches new ‘Burnt Hair’ perfume

    Musk took to Twitter to announce the launch of his perfume line. He wrote, "With a name like mine, getting into the fragrance business was inevitable - why did I even fight it for so long!?"
  • Indian stocks rebound from three-day losses; Sensex up nearly 300 pts

    At 9.44 am, Sensex traded at 57,428.45 points, up 281.13 points or 0.49 per cent, whereas Nifty traded at 17,063.80 points, up 80.25 points or 0.47 per cent.
  • Rupee falls 14 paise to 82.35 against US dollar in early trade

    Moreover, risk aversion sentiment among investors and weak Asian and emerging market currencies weighed on the local unit.
  • SpringML opens new office in Hyderabad’s Financial District

    Hyderabad: SpringML, a machine learning and data analytics services player, has recently opened a new office in Financial District. “ The abundance of talent in Hyderabad is obvious and I’m excited to see the next phase of growth in India,” said Charles Landry, company Chief Executive Officer. SpringML has been hiring talent from major universities […]
  • Hyderabad-based BioReform makes biodegradable bags

    Hyderabad-based BioReform figured in the list of seven startups selected for receiving funding and guidance from Atal Incubation Center Foundation
  • US-based WorkFusion opens office at Hitec City

    Hyderabad: US-based product development company WorkFusion has opened a 200-seater office at Hitec City. Speaking at the launch ceremony, IT and Industries Principal Secretary Jayesh Ranjan said banking, financial services and insurance space has increased enormously in Hyderabad. The segment now contributes one-third of the total Indian BFSI industry. The Telangana Government practices, growing infrastructure, […]
  • TiE aims to accelerate growth of startups

    TiE (The Indus Entrepreneurs) has announced their TGS100 initiative, which aims to recognise 100 innovative startups from all over the world in collaboration with the Indian School of Business (ISB).
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