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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) […]
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New Delhi: Czech carmaker Skoda is mulling to drive in electric vehicles in the Indian market as it expects the green mobility segment to pick up significantly in the country over the next few years, according to a senior company official. The automaker, which is witnessing a turnaround in its domestic business, however, has no […]
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New Delhi: India’s leading dairy cooperative GCMMF, which markets dairy products under the Amul brand, is expecting an 18 per cent growth in its turnover this fiscal year to around Rs 46,000 crore on better demand, its Managing Director R S Sodhi said. Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) had posted a marginal growth […]
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New York: Mastercard and Visa are suspending their operations in Russia, the companies have said, in the latest blow to the country’s financial system after its invasion of Ukraine. Mastercard Saturday said cards issued by Russian banks will no longer be supported by its network and any card issued outside the country will not work […]
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Hyderabad: Samsung’s new flagship smartphone Galaxy S22 Ultra Series was unveiled on Saturday, as part of an attempt to enter the Guiness Book of World Records by unboxing the smartphones on the same day and same time globally. The smartphone was unveiled at a pre-launch event held at Hotel Tirdent in Hitech City. Jihong KIM, […]
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Hyderabad: Bigbasket, a Tata company and an online supermarket, has further expanded its presence by launching a store in Khammam, Telangana. Being already present in all major cities across India, the Khammam store launch is a part of the company’s mission to provide groceries to consumers in all towns and villages. Customers can use the […]
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Hyderabad: Everyone loves food. Everyone cherishes train journeys. Now imagine a restaurant where a train brings food from the kitchen to your table. That’s just the concept that Hyderabad-based Platform 65 has attempted and succeeded, creating India’s largest locomotive toy-train-themed restaurant chain. Platform 65 offers a complete train-based environment at its flagship restaurant at KPHB […]
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The company's CEO and Co-Founder, Brian Chesky announced on Twitter: "Airbnb is suspending all operations in Russia and Belarus."
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Hyderabad: Over 150 women entrepreneurs from across India will be showcasing their products at the second edition BWE-2022, India’s largest platform for women-led businesses. HITEX and Confederation of Women Enterprises are all geared up to jointly host the Business Women Expo from March 11 to 13 at Hitex. It features women-owned business enterprises, novel, and […]
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Hyderabad: Matrimony site Jeevansathi.com has roped in ace anchor Sreemukhi for the second phase of its #WeMatchBetter campaign. Keeping the objective of becoming a preferred choice in Telugu markets in mind, the brand roped in Mahesh Babu for the first phase of the #WeMatchBetter 360 campaign which proved to be a huge success. The campaign […]
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According to CNBC, the news comes more than two years after the majority of Apple's corporate workforce started working from home because of the Covid-19 pandemic.
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Hyderabad: Adani Skill Development Centre (ASDC) has set up a cargo handling equipment training simulator at Krishnapatnam. With this, the centre has three types of simulators – wagon loader, mobile crane, and earth moving equipment simulators. These simulators are advanced training tools to effectively train and evaluate operators on safe loading, lifting, digging, and dumping […]
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Chennai: German luxury car maker BMW has rolled out the 1,00,000th Made-in-India car manufactured at its facility at neighbouring Singaperumalkoil on Friday. A BMW Individual 740Li M Sport Edition received the special badge marking the milestone, a company statement said here. “It is a day of great joy and pride for us as the 1,00,000th […]
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New Delhi: Domestic steel makers have hiked the prices of hot-rolled coil (HRC) and TMT bars by up to Rs 5,000 per tonne as supply chain is being impacted amid ongoing Russia-Ukraine conflict. According to industry sources, the prices have been increased in the past few days and are expected to go up further in […]
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Hyderabad: While traditional investors and old-timers have always been inclined towards investing in gold due to varied reasons, the recent trends show that the yellow metal is losing its sheen among the young and middle-aged investors. Whether it was to showcase their economic status or for its flexibility in terms of buying and selling, gold […]
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Hyderabad: Airtel Xstream Premium is aiming to democratise OTT content in India by solving the key challenges of content discovery, affordability, and distribution. Bharti Airtel is targeting 20 million subscriptions through its platform. Currently, Airtel has 15 OTT partners on the platform and is looking at over 200 new content launches in a year. The […]
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Hyderabad: The Government of Telangana and the National Stock Exchange of India (NSE) have signed a Memorandum of Understanding (MoU) to help MSMEs grow in the State. The MoU was exchanged between Hari K, chief business officer, NSE and Jayesh Ranjan, principal secretary, Industries and Commerce Department, Government of Telangana, in the presence of KT […]
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Hyderabad: Hyderabad-based Urban Living, a development management company, is executing about 10 projects with a total inventory of 6,000 units in multiple cities including Hyderabad. With residential inventory seeing consistent growth in the city over the last 4-5 years, the company sees 80 per cent of its portfolio to be centric here. In addition to […]
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The visionary director, who created the world of the late legendary actress Savitri for her biopic 'Mahanati', sought help from Anand Mahindra the chairman of the Mahindra Group.