Business

San Francisco: Meta has announced not to hold its flagship Facebook F8 developer conference this year, as it gears up for new initiatives towards metaverse. Meta will instead organise its “inaugural business messaging event”, called Conversations, on May 19. “Similar to years past, we are taking a brief break in programming and will not hold […]

Hyderabad: Hindustan Coca-Cola Beverages (HCCB), the FMCG company that makes beverages like Thums Up, Sprite, and Limca among others, is investing about Rs 1,000 crore in setting up its second manufacturing unit in Telangana at Bandathimmapur Food Processing Park in Siddipet. Of the Rs 1000 crore to be invested over five years, about Rs 600 […]

Mumbai: The Indian equities markets benchmark Sensex fell 393.01 points on Thursday dragged by selling pressure in consumer durables and tech stocks. The 30 stock S&P BSE Sensex was trading 393.01 points or 0.66 per cent lower at 59,217.40 points at 9:30 pm. The broader Nifty 50 of the National Stock Exchange was trading 91.40 […]

New Delhi: A bench headed by Chief Justice N.V. Ramana on Wednesday said it hopes it does not have to hear this case again, while noting that Amazon and Future Retail Limited (FRL) will move the arbitration tribunal to resume arbitration proceedings. The top court added that the tribunal will consider FRL’s application on priority […]

Washington: US technology company Intel, one of the world’s largest manufacturers of computer components and electronic devices, said it has suspended its activities in Russia over the situation in Ukraine. “Effective immediately, we have suspended all business operations in Russia,” the company said. “We are working to support all of our employees through this difficult […]

New Delhi: As digital transformation gets in top gear, IT companies lead the pack and the top 3 firms are Tata Consultancy Services, Accenture and Cognizant, respectively, ramping up IT investments and hiring, a Microsoft-owned LinkedIn report said on Wednesday. This time, 11 out of the top 25 companies are from the IT and service […]

Washington: US tech giant Apple has announced its Worldwide Developer Conference (WWDC) event will be held from June 6 to June 10, this year. As per GSM Arena, although the annual event is developer-focused, it will enlighten consumers too, as new iOS versions will get unveiled during the four-day program. Reportedly, the conference will once […]

Bengaluru: Giving a much-needed boost to the Indian startup growth story, leading local language technology platform VerSe Innovation on Wednesday announced that it has raised $805 million from global investors, taking its valuation to $5 billion. VerSe Innovation, that owns popular short-video platform Josh and local language content platform Dailyhunt, has raised $1.5 billion in the […]

Mumbai: The BSE benchmark Sensex on Wednesday tumbled over 480 points in opening trade and fell below the 60,000-level, dragged down by banking and financial stocks, amid weak global trends. The 30-share BSE barometer was trading 481.86 points lower at 59,694.64 in opening trade. Similarly, the broader NSE Nifty declined 138.25 points to 17,819.15. From […]

New Delhi: Petrol and diesel prices were hiked by 80 paise a litre each on Wednesday, taking the total increase in rates in 16 days to Rs 10 per litre. Petrol in Delhi will now cost Rs 105.41 per litre as against Rs 104.61 previously while diesel rates have gone up from Rs 95.87 per […]

Hyderabad: Hyderabad-based Medcis Pathlabs has been acquired by Manipal HealthMap, an integrated diagnostic service provider in an all-cash deal for a majority stake. With this deal, Manipal HealthMap will expand its footprint to 19 additional centres which takes the total number to 60 centres across 14 States. Through this acquisition, Manipal HealthMap will have access […]

Hyderabad: Telangana’s startup ecosystem builder T-Hub on Tuesday announced its partnership with Renault Nissan Technology and Business Centre India. As part of the partnership, the two entities will offer a Rs 4 million grant to automotive startups and the RNTBCI will partner with some of the most innovative automotive startups scouted by T-Hub. With an […]

Mumbai: Equity indices opened in the red on Tuesday with Sensex plunging by 207.99 points and Nifty down by 52.45 points. The 30 Stock S&P BSE Sensex was down by 207.99 points or 0.34 per cent to 60,403.75 points at 9:50 am. The broader Nifty 50 of the National Stock Exchange plunged 52.45 points or […]

Mumbai: India’s largest private lender HDFC Bank on Monday agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan in the largest deal in the country’s corporate history. The proposed entity will have a combined asset base of around Rs 18 lakh […]

Hyderabad: About 1,000 real estate developers in the city and about 800 across the State observed `No Workday’ on Monday as part of the protest against the rising building material costs. The call to suspend the work was given by industry body Confederation of Real Estate Developers’ Associations of India (Credai), Telangana Real Estate Developers’ […]

New Delhi: With an aim to positively impact 20 million lives directly and indirectly in the next decade, the Flipkart Group on Monday launched the Flipkart Foundation that will aim to build an inclusive, equitable and sustainable society in the country. Flipkart Foundation aims to drive transformational work by collaborating with diverse stakeholders across government […]

Mumbai: Starting off the week on a strong note, the Sensex soared more than 1,100 points in early trade on Monday, driven by substantial gains in index majors HDFC Bank and HDFC amid mixed trends in Asian markets. In the morning trade, the 30-share Sensex skyrocketed 1,143.78 points to 60,420.47 points, while broader Nifty 50 […]

San Francisco: Tech giant Apple is expected to add two MacBook Air models and one MacBook Pro model to its obsolete products list on April 30. According to an internal memo obtained by MacRumors, all three notebooks have already been on Apple’s list of “vintage” products since 2020 and will be moved to the “obsolete” […]

New Delhi: Petrol and diesel prices were on Monday hiked by 40 paise a litre each, taking the total increase in rates in the last two weeks to Rs 8.40 per litre. Petrol in Delhi will now cost Rs 103.81 per litre as against Rs 103.41 previously, while diesel rates have gone up from Rs […]

Hyderabad: The rise in oil prices in the country continues. Oil marketing companies today hiked prices by 91 paise on petrol and 87 paise on diesel. Petrol in Delhi will now cost Rs 104.61 per litre, while diesel rates have gone up from Rs 95.87 per litre, according to a price notification of state fuel retailers. […]

Hyderabad: MicroBite, city-based company, has developed a technology that will reduce the time for fermentation. This has a bearing for the ethanol and beverage industries. Lower fermentation times mean faster production times. The company has drawn up plans to set up a five kilo litre pre day (KLPD) capacity bioethanol plant in the State. It […]

Hyderabad: BPO/BPM services company ICCS sees Hyderabad as a vital component for the firm’s growth and plans to ramp up its hiring in the city in the coming few months. The company that has built its second base in Hyderabad with a workforce of 500 people is preparing for another round of hiring and intends […]

Mumbai: The Reserve Bank is likely to maintain status quo on interest rates in its forthcoming monetary policy review but may change the stance in view of retail inflation piercing its upper tolerance limit, global uncertainties created by the ongoing Russia-Ukraine war, and the urgency to protect and boost growth, feel experts. The RBI Governor-headed […]

New Delhi: Petrol and diesel prices were on Sunday again hiked by 80 paise a litre each, taking the total increase in rates in less then two weeks to Rs 8 per litre. Petrol in Delhi will now cost Rs 103.41 per litre as against Rs 102.61 previously, while diesel rates have gone up from […]