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Home  Business

Business

Twitter, Musk confirm plan to close $44 billion deal, shares up 22%

Twitter, Musk confirm plan to close $44 billion deal, shares up 22%

  • Reliance Jio to begin Beta trial of 5G in four cities on Dasara

    The invited customers in these four cities will get unlimited 5G data with up to 1 Gbps+ speeds.
  • Rupee gains 31 paise to 81.51 against US dollar in early trade

    Mumbai: The rupee strengthened by 31 paise to 81.51 against the US dollar in early trade on Tuesday, tracking weakness in the greenback in overseas markets and a rally in domestic equities. However, rising crude price in the international market restricted the rupee, forex traders said. At the interbank foreign exchange, the local currency opened […]
  • Wipro, Infosys, Tech Mahindra revoke offer letters given to freshers: Reports

    The news, first reported by BusinessLine, quoted emails sent by these companies to the freshers whose offer letters were rejected.
  • Hyderabad: Radiant sets up 86-inch TV manufacturing assembly at Fab City

    Hyderabad: Radiant Appliances and Electronics has set up India’s first 86 inch LED TV manufacturing assembly line at Hyderabad. Raminder Singh Soin, company Managing Director, inaugurated the new assembly line at its Fab City premises on Monday. He said the production of 75-inch Google TV, DLED, Bezelless has officially commenced for OEMs. Radiant will now […]
  • Hyderabad-based Premier Energies to commission new manufacturing line in December

    Hyderabad: Hyderabad-based Premier Energies will commission its new manufacturing line in December this year. With an additional manufacturing capacity of 2 GW of solar modules and 1.25 GW of solar cells under construction, its total manufacturing capacity will be 3.4GW of solar module and 2GW solar cells. Premier is the largest integrated solar cell and […]
  • Millions of Indian smartphone users have to wait till 2024 for 5G

    India is home to more than 500 million smartphone users and over 100 million users with 5G-ready smartphones wish to upgrade to a 5G subscription in 2023, according to a latest Ericsson report.
  • Markets fall in early trade on weak global trends

    The 30-share BSE benchmark declined 288.8 points to 57,138.12 in early trade. The broader NSE Nifty dipped 79.4 points to 17,014.95.
  • Rupee falls 38 paise to 81.78 against US dollar

    Besides, surging crude prices in the international market impacted the domestic unit, traders said.
  • Rewind: Invoking Hanuman to spur manufacturing

    During the last four decades (1980-2020), the average profit of industries grew nearly 50 times, number of factories too doubled during the last decade compared with the rest of the decades. And yet, manufacturing reaching its potential fifth position in the world as predicted by BCG in 2013 remains distant
  • Falling rupee may hit import-dependent industries

    The downward spiral of the Indian rupee could hit the industry hard, especially production segments where imports are a crucial component.
  • 5G will be available in Hyderabad shortly; Here is what you need to know

    Hyderabad: Prime Minister Narendra Modi on Saturday announced the commercial rollout of 5G services in India at the India Mobile Congress 2022. Hyderabad, Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi, Gandhinagar, Gurugram, Jamnagar, Kolkata, Lucknow, Mumbai and Pune will be among the first cities to get 5G services. A telecom company official said it would take about […]
  • Airtel announces launch of 5G service in 8 cities

    Airtel will roll out 5G services in several cities across the country by March 2023 and across India by March 2024.
  • TSIC, CIPS join hands to nurture innovation

    Telangana State Innovation Cell (TSIC) and Centre for Innovations in Public Systems (CIPS) signed a Memorandum of Understanding (MoU) to nurture the culture of innovation.
  • Vi to introduce 5G mobile cloud gaming service in India

    Mumbai: Telecom operator Vi (Vodafone Idea) on Friday announced its partnership with gaming platform CareGame to offer 5G Cloud gaming experience to its users in India. The company said that with 5G’s low latency technology, the cloud gaming industry is expected to democratise even further. “The online gaming industry is among the fastest growing entertainment […]
  • RBI expects CAD to come under 3 pc in FY23

    The CAD will "modestly widen" in the first half of the fiscal year and narrow in the second half, Patra told reporters in the customary post-policy press conference.
  • Markets fall in early trade

    The 30-share BSE benchmark fell 262.73 points to 56,147.23 points in initial trades. Similarly, the broader NSE Nifty dipped 70.4 points to 16,747.70 points.
  • Rupee rises 24 paise to 81.49 against US dollar

    Forex traders said the rupee gained as the dollar retreated from its elevated levels. However, the local unit is likely to remain volatile amid the announcement of the Reserve Bank of India (RBI) monetary policy decision.
  • RBI hikes benchmark lending rate by 50 basis points to rein in inflation

    With the latest hike, the repo rate or the short term lending rate at which banks borrow from the central bank is now close to 6 per cent.
  • Capgemini has now 30,000 employees in Hyderabad

    France-based Software company, Capgemini, has employed 30,000 persons in Hyderabad and surpassed the Mumbai that has 29,000.
  • KTR lays foundation for Schneider Electric Smart Factory in Telangana

    The upcoming Smart Factory of Schneider Electric will greatly contribute to the State’s economy, which is bolstering its position as a leading investment hotbed.
  • Rupee rises 35 paise to 81.58 against US dollar

    At the interbank foreign exchange, the domestic unit opened at 81.60 against the dollar, then touched 81.58, registering a gain of 35 paise over its previous close.
  • Markets rebound in early trade amid recovery in global equities

    The 30-share BSE benchmark jumped 567.86 points to 57,166.14 after a firm beginning. Similarly, the broader NSE Nifty climbed 167.45 points to 17,026.05.
  • Falling rupee dents foreign education

    The rupee had slipped below the 82-level for the first time on Wednesday and that the falling rupee is spooking the financial plans of those wanting to pursue higher education abroad.
  • Hyderabad: Silicon Labs opens new office at Salarpuria Sattva Knowledge City

    Hyderabad: Silicon Labs, a wireless technology player, announced its new office at Salarpuria Sattva Knowledge City in Hyderabad. This will be Silicon Labs’ largest global centre for engineering and wireless connectivity innovation. It now has 500 engineers across hardware, software, and applications segments and has plans to increase the headcount to 1,500 by 2025. “Hyderabad […]
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