Business

At the interbank foreign exchange, the rupee opened weak at 74.36 but edged up to quote 74.35 against the American dollar, showing a fall of 5 paise in the early session.

New Delhi: Amazon India on Sunday said over 70,000 Indian exporters, who are part of its Global Selling programme, will offer millions of ‘Made in India’ products to global customers during the annual Black Friday and Cyber Monday (BFCM) sale.The Black Friday and Cyber Monday sale starts on November 25 and ends on November 29. […]

Hyderabad: Surat-based Goldi Solar, a solar panel manufacturer and EPC company, launched its new product line Heloc Pro module series in Telangana and Andhra Pradesh markets. The series features mono-facial and bi-facial modules with the latest M10 wafer size. With a power of 560Wp, the new modules can be widely used in utility, agriculture, industrial, […]

Hyderabad: Hyderabad-based Pencilton, a teen-focused fintech startup, is striving for enhancing digital financial literacy through its app and establishing unique metrics to keep itself ahead of the market, with an aim to make it the platform with the highest engagement and retention rate. Pencilton, founded by BITS Pilani alumni Vishwajit Pureti, Ashish Singh, Pallavi Tipparaju […]

Hyderabad: Cornext, a Hyderabad-based agritech startup, which offers low-cost, innovative quality feeding solutions for Indian dairy farmers, is one among the seven startups selected from India for the ‘Indo Israel Cohort Program’ jointly launched by Startup Nation Central, Israel, TiE Hyderabad, and TiE Israel. The first cohort of the programme will focus on innovations in […]

New Delhi: Indian business tycoon Anand Mahindra said that he has not invested a “single rupee” in cryptocurrencies. The billionaire shared some screen grabs which claimed that he has made tons of money using a cryptocurrency investment platform. The screenshots of the report stated that he made money using a crypto coins auto-trading programme Bitcoin Era. […]

Hyderabad: Hysea has launched a mentoring platform ‘Beyond Mentoring’ for women leaders in partnership with Beyond Pinks. This programme empowers women to choose the mentor and the length of mentoring relationship. Beyond Mentoring is an online new-age mentoring programme designed to provide focused, immediate and topic-based mentoring to women of all ages & backgrounds. It […]

Hyderabad: In the current age of customisation where people are looking for services and products that are just a click away, the Indian insurance industry is not far behind. Earlier, buying insurance was limited to only life and health plans, and was targeted towards certain demography. But now, with the rise of the millennials, there […]

Hyderabad: Laurus Labs has signed an investment agreement with Immunoadoptive Cell Therapy Private Limited (ImmunoACT), an advanced cell and gene therapy company to acquire 26.62 per cent stake (fully diluted basis) for a cash consideration of approximately Rs 46 crore, subject to the fulfilment of certain conditions. Additionally, senior management of Laurus Labs would also […]

New Delhi: The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said. Revenue Secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on […]

New Delhi: Over 74 per cent respondents expect an increase in housing demand, a survey by consultancy and professional services firm Deloitte India said. The sample size of the survey was 50 CXOs across Industries in India. “According to our survey, 74 per cent respondents expected an increase in demand for the residential sub-sector… We […]

Hyderabad: Flipkart launched furniture protection, an industry-first cover for accidental and stain damage on select furniture products on the platform such as office chairs, office tables and mattresses, among others. Flipkart has partnered with Cover Genius, an insurtech company to offer complete furniture protection on its platform. The plan period lasts for one year for […]

Hyderabad: Chumbak, an omnichannel lifestyle company, is looking at expanding its home decor, furnishing, wall decor and lifestyle merchandise with a focus on design and sustainability. The company caters to a customer base of over 6,00,000 and is planning to raise funds through investors to accelerate further growth to expand its market presence.     Vasant […]

Bengaluru: Housing sales have increased by 12 per cent to 1,38,051 units during January-September period of the current calendar year from 1,23,725 units in the corresponding period of 2020 as per the recent report ‘Real Insight residential Q3 2021 by housing brokerage firm PropTiger.com. According to the report, driven by pent up demand and festive […]

New Delhi: Net leasing of the office space across seven major cities will reach 90-95 per cent of the pre-Covid-19 level during the next financial year, on fresh hiring and return of employees to workspace, according to rating agency Crisil. Net leasing refers to the absorption of new office space less space vacated by tenants. […]

Hyderabad: Informa Markets in India, the B2B exhibitions organiser, is organising the fifth edition of RenewX, a two-day Renewable Energy trade expo to be held on November 19 and 20, 2021 at Hitex, Hyderabad. The event will provide an industry platform to the renewable energy buyers and sellers enabling them to connect and collaborate for […]

Hyderabad: Uber has begun serving riders and drivers in Warangal in Telangana, marking the company’s expansion to 100 cities across India. Initially, it has made a range of auto and car products available on its platform in the city. Uber launched in India in 2013 and since then it has served nearly 95 million riders […]

Hyderabad: Close on the heels of Kerala-based textiles company Kitex choosing Telangana to set up a new unit, another Kerala company VKC Group is keen to set up a unit to manufacture footwear in Telangana and is actively engaged in discussion with the State government. The unit could attract investment of Rs 100 crore over […]

The company was launched in India in 2013 and since then, it said, it has served nearly 95 million riders and drivers till date.

Hyderabad: Caspian Debt, a Hyderabad-based debt fund provider to startups and social enterprises, has disbursed loans ranging from Rs 50 lakh to Rs 5 crore and expanded its portfolio by adding nine new SMEs from sectors such as food and agriculture, education and skill development, clean energy, healthcare, and general impact sectors during April- October […]

Mumbai: Paytm became the largest initial public offering (IPO) launched in the Bombay Stock Exchange (BSE), as its parent company, One97 Communications, on Thursday launched its IPO with the value of Rs 18,300 crores. However, amid weak market sentiments, immediately after the launch, the shares of Paytm traded in the red zone and fell over […]

New Delhi: Italian superbike maker Ducati on Thursday launched its flagship motorcycle model Panigale V4 SP in India priced at Rs 36.07 lakh (ex-showroom India). Bookings are now open across all Ducati dealerships in Delhi-NCR, Mumbai, Pune, Ahmedabad, Hyderabad, Bengaluru, Kochi, Kolkata and Chennai, and deliveries will start with immediate effect, Ducati India said in […]

Hyderabad: Small Industries Development Bank of India (SIDBI) has entered into a collaboration with Google for having a social impact lending programme with financial assistance up to Rs 1 crore at competitive interest rates targeted at micro enterprises, under a Rs 110-crore ($15 million) corpus fund. This corpus fund has been brought as a crisis […]

Hyderabad: GMR Airports Limited (GAL), a subsidiary of GMR Infrastructure Limited, has emerged as the winning bidder for the development and operation of Kualanamu International Airport in Medan, Indonesia (Medan Airport). The letter of award is expected to be issued in the next few days, post bid formalities, while signing of project agreements before end […]