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Hyderabad: If harsh restrictions are not imposed on business operations more than 65 per cent of the employers from Hyderabad are keen on hiring talent in the current quarter. The city has also recorded growth in intent to hire, with 12 per cent rise in intent to hire over the last quarter. TeamLease Services, in […]
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Hyderabad: Hyderabad saw Industrial and Logistics (I&L) leasing outpace supply in 2021. The Northern Corridor of the city led space take-up in the sector. Overall supply increased to 1.1 million sq ft in 2021 while absorption grew to 3.2 million sq ft in 2021. In terms of absorption, third-party logistics (3PL) accounted for a share […]
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New Delhi: FMCG giant Nestle India Limited on Thursday reported Rs 386.6 crore net profit for the quarter ended December 31, 2021, which is 20 per cent down from Rs 483 crore recorded in the corresponding period of the previous year. The company posted a net profit of Rs 2,145 crore for the full year […]
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Hyderabad: Srinivasan Arunachalam, a veteran leader, and senior-level financial director with over 30 years of work experience across various companies in India has now joined Hyderabad-headquartered MIC Electronics Limited (MICEL) as its Chief Executive Officer (CEO). Srinivasan has previously worked in organisations such as ICICI Bank as global head for Capital Markets; as VP, head – […]
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Indore: A young man’s Startup from Indore turned into a million-dollar company by finding bugs in the applications made by Google, Samsung, and Apple. Aman Pandey started his company “Bugsmirror” after he was paid Rs 70000 by Google for finding a bug in one of their applications in 2019, while he was still studying. Speaking […]
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Hyderabad: Syntizen, a Hyderabad-based digital identity solutions company, is now looking to tap opportunities in multiple States and overseas markets for its identity authentication solutions. The company, which has video KYC, facial matching and liveness check, and Aadhaar-based identity solutions, can help governments extend citizen services electronically and also aid players in the BFSI segment. […]
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Mumbai: Second-largest IT exporter Infosys may hire more than 55,000 fresh graduates from campuses in FY23 as it sees a very good runway for growth going forward, a top executive said on Wednesday. The Bengaluru-headquartered company’s chief executive Salil Parekh said there are tremendous opportunities awaiting engineering and science graduates in the tech sector, but […]
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Hyderabad: Tech Mahindra Foundation, the Corporate Social Responsibility (CSR) arm of Tech Mahindra joined forces with Amazon Internet Services to enable underemployed or unemployed individuals to start a career in cloud computing technology. The programme will be offered through Tech Mahindra SMART Academies of Digital Technologies in Hyderabad and other cities via online learning. The […]
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Hyderabad: City-based fintech player Swipe, which offers a billing and payments app for SMEs, has drawn up plans to tap customers in smaller towns with focus on bringing content in regional languages to enhance the visibility of products offered by small businesses. The platform now aids SMEs in generating invoices, share bills with customers via […]
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Cyient will leverage a 5G core developed by IIT Hyderabad for testing various digital use cases and interoperability with best-of-breed components from industry leaders.
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The 30-scrip BSE Sensex was up by 108.19 points or trading at 58250.24 and down by 0.19 per cent at 9.30 am.
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Hyderabad: If you have plans to buy a new vehicle – either a two-wheeler or a four-wheeler – then you might have to wait for at least two to three months till you can get hold of the vehicle of your dreams. As automakers are starting at a semiconductor shortage, it is impacting dispatches to […]
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Hyderabad: Pennar Group, a value-added engineering products and solutions company, has bagged orders worth Rs 647 crore across its various business verticals during December 2021 and January 2022 and are expected to be executed within the next two quarters. The Railways vertical has received orders from ICF, MCF, Eastern Railway, Metlord. The PEB vertical has […]
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Hyderabad: Hyderabad-based mPowerO, an e-learning EdTech platform and Robotex India, a non-profit organisation, have joined hands to train 2 lakh students from economically weaker sections on the concept of Robotics over mPowerO’s platform. Until now, concepts like robotics or advanced STEM projects were only accessible to children from financially well families who can pay the […]
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Mumbai: A day after losing over 3 per cent, the Indian equities markets key indices rebounded on Tuesday on the back of strong buying support in FMCG, IT, and energy stocks. The benchmark Sensex was trading at 57,295.31 at around 12.55 pm, which is 889.47 points or 1.58 per cent higher from its previous day’s […]
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New Delhi: Yet again, Jio makes a move on Valentine’s Day. This time inviting the competition network users to port out and join the Jio family of over 421 million users. On the occasion of Valentine’s Day, Jio — the largest telecom operator in the country wished its users and also leveraged this opportunity to […]
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New Delhi: Adani Groups subsidiary Adani Enterprises on Monday reported an attributable consolidated net loss of Rs 12 crore due to losses in developing business. The company had posted a net profit of Rs 297 crore in Q3FY21. The ccompany’s total income increased to Rs 18,963 crore due to improved realisation on the back of […]
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Mumbai: Tata Sons has announced the appointment of Mehmet Ilker Ayci as the new Chief Executive Officer and Managing Director of Air India, an official said here on Monday. Expected to take charge on or before April 1, Ayci (51) until recently was the Chairman of Turkish Airlines and was also on its Board of […]
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Mumbai: The sensational Rs 22,842 crore mega loan fraud allegedly perpetrated by the Gujarat-based ABG Shipyard Ltd (ABGSL) did not spare the IPO-bound Life Insurance Corporation of India (LIC) while the ICICI Bank and the IDBI Bank took the worst-hit among other government, private, foreign banks, NBFCs, as per official data. The State Bank of […]
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Hyderabad: Hyderabad-based aerospace company Ananth Technologies Limited (ATL) has contributed to the successful launch of Polar Satellite Launch Vehicle-C52 (PSLV-C52) on Monday. The space mission witnessed its different stages harnessed, integrated, tested, and qualified by ATL, a long-time partner of ISRO, under contract with the latter’s Vikram Sarabhai Space Centre (VSSC). The company has been […]
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New Delhi: The filing of a draft red herring prospectus (DRHP) by Life Insurance Corporation of India (LIC) has created a “positive buzz in the air” and the public issue will be a very positive development in the history of the country’s largest insurer, Union Finance Minister Nirmala Sitharaman said on Monday. Addressing a media […]
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New Delhi: India’s retail inflation for January, which is scheduled to be announced later in the day, might have accelerated to six per cent, the upper tolerance limit of the central bank, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday. “Today’s inflation print is expected to be close to six per […]
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New Delhi: Cadlia Healthcare Ltd on Monday said group firm Zydus Pharmaceuticals (USA) Inc has received final approval from the US health regulator to market its generic version of Roflumilast tablets in the strength of 500 mcg indicated to reduce the risk of chronic obstructive pulmonary disease (COPD) exacerbations. Zydus, being one of the first […]
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Mumbai: Equity indices opened in red on Monday with Sensex down by 1,256.48 points and Nifty down by 373.10 points. The 30-scrip BSE Sensex was down by 1,256.48 points or trading at 56,896.44 and down by 2.16 per cent at 9.27 am. Similarly, 50-scrip NSE Nifty was trading at 17,001.70 at 9.27 am, down by […]
