Business

In India, tech/IT is the top industry hit by ransomware (23.40 per cent of all attacks), followed by the manufacturing industry (10.90 per cent), according to cyber-security firm NordLocker.

The 30-share BSE Sensex fell 608.8 points to 56,498.72 in initial trade. Similarly, the broader NSE Nifty declined 182 points to 16,825.40.

Moreover, a negative trend in domestic equities and significant foreign fund outflows sapped investor appetite, forex traders said.

The free fall of the rupee is continuing, racing towards an all-time record low of Rs.82 against the dollar and that the falling rupee would make pharma imports costlier as importers have to shell out more rupees per dollar.

Hyderabad: Commercial vehicle manufacturer Tata Motors launched pickup vehicles Yodha 2.0, Intra V20 bi-fuel and Intra V50 on Monday in Hyderabad. These cater to the logistics needs of agriculture, poultry and dairy, FMCG, e-commerce and logistics sectors. Tata Motors delivered 750 vehicles to customers across the country. “The new vehicles offer high payload capacity, large […]

Cupertino, California-headquartered Apple started manufacturing iPhones in India in 2017 with iPhone SE. Today, Apple manufactures some of its most advanced iPhones in the country including iPhone SE, iPhone 12, iPhone 13 and, now, iPhone 14.

Google has already confirmed that the next-generation Pixel 7 series will come to India, to be available on Flipkart.

Insurance companies are offering term insurance policies from Rs.25 lakh to Rs.75 lakh for a homemaker, independent of the insurance cover of the husband.

Ashok has so far created eight farm tools that ease the drudgery for farmers, all of them low cost products made using commonly available items.

Hyderabad: Altigreen, makers of three wheeler electric vehicles, inaugurated its retail experience centre in the city on Friday. Altigreen chose Raam Electric to launch its first retail dealership in Hyderabad. Raam Electric is part of Raam Group that is into automotive retail across Telangana, Andhra Pradesh, Karnataka and Maharashtra since 1986. Secunderabad Cantonment MLA G […]

This morning, the Rupee opened 25 paise lower from the previous session to touch a record low of 81.09 versus the US dollar, against Thursday's close of 80.86. Yesterday's depreciation was the biggest single-day fall for the rupee since February 24.

In a representation to the Finance Minister Niramala Sitharaman and Commerce Minister Piyush Goyal, FTCCI President Anil Agarwal said the blanket imposition of 20 percent duty irrespective of the variety, quality, standard, demand and price of rice would cripple non-basmati exports from India.

The digital classrooms by HP India will be set up in government or government-aided schools across 17 states for the students of Classes 9 to 12.

Hyderabad: City-based Bhanzu, a global math learning platform, raised $15 million (about Rs 120 crore) in Series A funding led by investment firm Eight Roads Ventures. Another investor, B Capital, also invested in this round. Bhanzu will use the funding to enhance its technology infrastructure for student learning experience and strengthen its math curriculum for […]

The company in its blog said that the 11-day leave is an initiative aimed at allowing employees to completely unplug from work and prioritise their mental well-being after the busy festive sale period.

The Pixel 7 and Pixel 7 Pro will be available on Flipkart, which has been the online retail partner for the tech giant for all Pixel launches in India.

Hyderabad: [24]7.ai, a contact centre services player, said it is hiring across voice and chat processes to serve its international client base. Of the 9,000 new hires pan India over 2022-23, 2500 will be hired from Telangana by October this year. It has also collaborated with TASK in Warangal and Nizamabad for campus recruitment drives. […]

Hyderabad: Flipkart, Reliance Retail, ECom Express, DMart and SVS Pharma are among the top occupiers of warehouse space in Hyderabad. Shamshabad, Medchal and Patancheru are the key clusters that are seeing demand from the warehouse segment. Hyderabad saw 5.4 million sqft transacted in 2021-22. This is 128% more than 2.4 milion sqft taken during 2020-21. […]

IT and Industries Minister KT Rama Rao will be the keynote speaker at the TiE Global Summit’22, the largest entrepreneurship Summit.

ADB's flagship Asian Development Outlook (ADO) report, released on Wednesday, said India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services.

With the help of the Integrated Processor V1, the company said the new headphones fully unlock the potential of Sony's HD Noise Cancelling Processor QN1, while the specially designed 30mm driver unit enhances noise cancelling.

The 30-share BSE Sensex declined 227.93 points to 59,491.81 in initial trade. The NSE Nifty went lower by 55.05 points to 17,761.20.

Forex traders said the strength of the American currency in the overseas market and a muted trend in domestic equities weighed on the local unit. Moreover, risk-off moods and firm crude oil prices weighed on the local unit.

Speaking at the 'Global Fintech Fest 2022' (GFF 2022), he noted that a major shift towards a more equitable distribution of investment across sectors including insurtech and wealthech, etc, has started taking place.