Business

Hyderabad: Hyderabad-based Granules India said the US Food & Drug Administration (US FDA) has approved the Abbreviated New Drug Application (ANDA) filed by Granules Pharmaceuticals, Inc (GPI), a wholly owned foreign subsidiary of the company, for Bupropion Hydrochloride Extended-Release Tablets USP (XL), 150 mg and 300 mg. It is bioequivalent to the reference listed drug […]

Hyderabad: Jain Construction has launched its gated community project Jains Balaji Nilayam Casa Waterside at Safilguda, Malkajgiri. The project comprises of 520 multi-sized 2, 3 and 4 BHK luxury homes. With 24 hours power backup and a fully furnished club house, the project is a first-of-its-kind gated community in the Secunderabad zone. Safilguda is located […]

Hyderabad: Hyderabad-based Dr Reddy’s Laboratories entered into a definitive agreement to acquire Nimbus Health GmbH, a privately owned, licensed pharmaceutical wholesaler from Germany focusing on medical cannabis. Dr Reddy’s will acquire Nimbus Health for an upfront payment plus performance and milestone-based earn-outs over the next four years. Founded in 2018, Nimbus Health is one of […]

Hyderabad: Qentelli acquired NCS Technologies, a New Jersey-based provider of digital transformation, customer experience, and robotic process automation (RPA) solutions to enterprises. The acquisition allows Qentelli to add to their intellectual property, client portfolio in the digital space and a US East Coast based Service Delivery centre that furthers capability for near-shore services. The move […]

Hyderabad: Hyderabad-headquartered advanced cloud-based no-code platform Quixy launched its own interactive community platform where users can network, exchange ideas, share no-code tricks and tips. Quixy community platform will act as a unified forum for the members to come together, inspire each other with their innovative apps and discover the potential of no-code in augmenting the […]

It also informed that an average of 2.32 offers per student was made by companies and in the last five years the average salaries has grown from 25.06 lakh in 2018 to Rs 34.07 lakh in 2022.

Presenting the Union Budget for 2022-23, Indian Finance Minister Nirmala Sitharaman said 400 new energy efficient Vande Bharat trains will be introduced in three years.

Hyderabad: Cellestial E-Mobility, the manufacturer of India’s first electric tractor, as part of its global expansion, has forayed into Mexico through a marketing, sales, and distribution partnership with Mexican company Grupo Marvelsa. The Hyderabad startup primarily caters to agri, airport ground support equipment (GSE) and goods carrier sector. The 30-year-old Mexican partner will bring into […]

According to noted tipster Jon Prosser, Samsung Galaxy S22 will have a starting price of $799 while the Galaxy S22 Plus will start at $999, reports GizmoChina.

The 30-scrip BSE Sensex was down by 96.69 points or 0.16 per cent at 59461.64 at 9.25 am.

Hyderabad: Automation is sweeping several segments and agriculture is also coming under its fold. While core areas of it are still labour intensive, farming related information and knowledge dissemination are getting a push with artificial intelligence tools. City-based AitoBi Technologies has created an artificial intelligence and natural language processing-based chatbot called the Kisan Assist. It […]

Hyderabad: Chaitanya Godavari Grameena Bank inaugurated its 227th branch at Lingamguntla, Narasaraopet. Stating that the bank has crossed Rs 15,000 crore business and Rs 117 crore profit this year, the bank’s chairman T Kameswara Rao said that the bank has been offering all types of loans and digital services like all the other commercial banks. […]

New Delhi: Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender, Finance Secretary TV Somanathan told ANI adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender. Speaking to ANI, Finance Secretary said, “Digital rupee will be backed by RBI which will never default. Money […]

Hyderabad: Nidhu Saxena assumed charge as executive director of union Bank of India. Prior to joining union Bank of India, he was with UCO Bank as GM & vertical head (Retail Credit, MSME & Bancassurance). While at UCO Bank, he held various roles including branch head, zonal head at Pune and Surat zones of the bank. […]

Hyderabad: The Union Budget 2022-23 came as a big shock for Telangana as all its demands for additional funds and new projects were ignored. The budget speech of Finance Minister Nirmala Sitharaman also had no mention of the commitments made to the state under Andhra Pradesh Reorganisation Act 2014. The state had high hopes from […]

Hyderabad: Elanpro, a commercial refrigeration company, launched its first experience centre in Hyderabad. The centre is located at Madhapur, and seamlessly combines quality and technology under one roof. Establishing its footprint in southern India, Elanpro is expanding its business and growing its presence across India. The newly launched centre will give its customers access to […]

Hyderabad: US-based semiconductor company Ceremorphic recently set up its India Development Centre in Hyderabad. Currently employing 140 people, the company by the end of 2024 plans to employ 400 people at this centre. The company’s founders are pumping in $50 million (over Rs 350 crore) for global expansion, with significant investments lined up in Hyderabad. […]

Hyderabad: The announcement in the union Budget 2022-23 of introducing flat 30 per cent taxation on income from crypto and digital assets is being seen as a welcome move for innovators and experts working in this field. In her speech, Finance Minister Nirmala Sitharaman said, “There has been a phenomenal increase in transactions in virtual […]

Hyderabad: Even though the union Budget did not make any major announcements for the overall startup ecosystem, some of the announcements that stood out include forming an expert panel for easing growth of Private Equity/Venture Capital investments and tax incentives for startups extending by one year. The government on Tuesday announced to extend the period […]

Hyderabad: The union Finance Minister among several healthcare initiatives has proposed to roll out an open platform for the National Digital Health Ecosystem, which will help in strengthening the healthcare services within the country. The increased investment towards health infrastructure and focus on a holistic approach to health is seen as a testimony of the […]

Hyderabad: The Union Finance Minister Nirmala Sitharaman in her Budget speech announced granting infrastructure status to data centres. The grant of infrastructure status to data centres is expected to provide access to long-term institutional funds, which will promote the investments in the sector. B S Rao, VP, Marketing, CtrlS Datacenters told Telangana Today, “The infrastructure […]

Hyderabad: There is nothing for the common man, particularly the salaried class. There have been no tax exemptions, deductions or tax proposals that can help employees save tax. These expectations stemmed from the rising cost of living and also higher Covid-related spend. Also, there have been many concerns related to work-from-home, which many hoped will […]

Hyderabad: The Finance Minister also announced that the Emergency Credit Line Guarantee Scheme (ECLGS) will be extended to cover the next fiscal as well, with expanded guarantee cover of Rs 5 lakh crore. This will help the MSMEs that have been hit by the pandemic, said Mahesh Desai, Chairman of Engineering Export Promotion Council. The […]

Hyderabad: Budget 2022’s emphasis on logistics, specifically for the Gati Shakti Plan, reiterates how the logistics sector is integral to the economic and trading activities of India. In India, road transportation dominates the logistics sector, with a majority share of 60 per cent, followed by Railways, which has a 30 per cent contribution. Neeraj Bansal, […]