Business

The moves came as the firm, a key tech lender, was scrambling to raise money to plug a loss from the sale of assets affected by higher interest rates, BBC reported.

Digital payments platform PhonePe claims to have digitised over 35 million offline merchants spread across tier 2, 3, 4 cities and beyond, covering 99 per cent pin codes in the country.

Lockheed Martin and India's Tata Group have inked an agreement for the production of fighter plane wings at their joint venture Tata Lockheed Martin Aerostructures Ltd

T-Hub launched the Cohort 10 of its Lab32 programme, which has already witnessed the successful acceleration of 249 startups

The present lot of six aircraft will be procured with an upgraded fuel-efficient engine coupled with a five-bladed composite propeller

C Shekar Reddy, CMD, CSR Estates, recently elected as chairman of CII Telangana for 2023-24, tells Telangana Today about his plans as the industry body’s Telangana chairman

In a briefing with reporters, WhatsApp Head Will Cathcart slammed the Online Safety Bill as the most concerning set of online regulations in the western world, reports Wired

The objective of the conclave was to bring the stakeholders across the whole millet value chain under one roof held at ICAR-NAARM, Rajendranagar

Father of Ritesh Agarwal, Founder and Group CEO, OYO, has died after falling from the 20th floor of a high-rise located on the Golf Course Road

The Lokesh Machines company is investing over Rs 100 crore in the first phase to create a greenfield facility at Hyderabad for manufacturing the weapons and its accessories

The Indian Railways has signed an agreement with Tata Steel to manufacture the 22 trains of the country's fastest and feature-rich Vande Bharat Express in the coming year

Will be first OEM to take up such a facility Hyderabad has a vibrant aerospace and defence ecosystem

Spreading the tenacity of the boycott culture, Swiggy and Bharat Matrimony are the latest victims of the boycott brigade

Kitex Garments has committed to invest Rs 3,000 crore in Telangana and create employment to 28,000 people

Sai D Prasad, Executive Director, Bharat Biotech International, is elected as the Vice Chairman of CII Telangana for the year 2023-24

Moodle’s Indian subsidiary in Hyderabad will focus on development for its global operations centres as well as on India business

BSE Sensex jumped 554.06 points or 0.91 per cent to 60,363.03 points, while the broader NSE Nifty climbed 143.35 points or 0.81 per cent to 17,737.70 points.

Forex traders said foreign fund inflows also supported the local unit.

Skippi Ice Pops is available in more than 10,000 outlets across India and is now looking to increase its export component

Micro-blogging platform Twitter recently made a first interest payment to banks that lent $13 billion to help Musk buy and also reported a 40 per cent decline (year-over-year) in both revenue and adjusted earnings for December.

Two Hyderabad-based drone spraying companies, which have recently got Type Certification from DCGA, have firmed up plans to expand to reach out to more farmers

TechFynder, the AI-based global recruitment platform for job seekers and businesses, organised the HR India Conference at T-Hub

Director of Reliance Industries Limited (RIL) Mukesh Ambani said, "I would like to assure you that Reliance will continue to be an unflinching partner to the people and the Government of Andhra Pradesh in your state's all-around accelerated progress,"

Around 650 cyber fraud cases pertained to investment fraud with the amount lost said to be around Rs 22.60 crore followed by 672 cases of customer care fraud (Rs 5.6 crore) and 572 cases of advertisement fraud (Rs 4.90 crore)