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Home  Business

Business

‘Containers used as warehouses to reduce logistics costs’

‘Containers used as warehouses to reduce logistics costs’

  • MyGate raises Rs 100 crore in new round led by Urban Company, Acko

    The company last raised a $56 million Series B round from Tencent, Tiger Global, and others in October 2019.
  • IBC Continuum Web3.0 Hackfest Challenge launched at T-Hub

    The objective of this programme is to educate and engage engineering students with workshops, bootcamps, hackathon internship and certification programmes.
  • HP Inc to reduce global headcount by up to 6K employees

    In the earnings report for its fourth quarter of 2022, the company said it expects to reduce gross global headcount by approximately 4,000-6,000 employees, which is between 7-11 per cent of its workforce.
  • Union Labour Ministry summons Amazon over layoffs

    "You (Amazon) are therefore requested to attend this office with all relevant records in the matter either personally or through an authoriSed representative on the aforesaid date and time without fail," the Ministry's notice issued on Tuesday read.
  • Hyderabad-based Skyroot now rivets focus on orbital space launch vehicles

    Basking in the success and glory of its maiden private rocket – Vikram-S, the company is now riveted on the big thing - launch of its flagship Vikram-I.
  • Hyderabad: Mane launches Flavour Innovation Centre at Raidurg

    Set up with an investment of Rs 29 crore, the centre has an in-house kitchen (culinary) and chef to take care of culinary food applications.
  • Markets fall in early trade amid weak Asian equities

    After a weak beginning, the 30-share BSE Sensex further declined 463.1 points to 61,200.38. The broader NSE Nifty dipped 129.25 points to 18,178.40.
  • Rupee falls 12 paise to 81.86 against US dollar in early trade

    At the interbank foreign exchange, the domestic unit opened at 81.84 against the dollar, then lost ground to quote at 81.86, registering a loss of 12 paise over its previous close.
  • 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.
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