Business

New Delhi: State-owned Oil and Natural Gas Corporation (ONGC) is likely to see a USD 3 billion (about Rs 23,000 crore) rise in its annual earnings from the more than doubling of the price of natural gas it produces, while Reliance Industries may get USD 1.5 billion (Rs 11,500 crore) more in revenue, a report […]

San Francisco: Electric vehicle company Tesla delivered 310,048 vehicles in the first quarter of 2022, despite what CEO Elon Musk says was an “exceptionally difficult quarter”, citing global supply chain issues and a brief closure at Tesla’s Shanghai factory. Tesla said the Model 3 and Y made up 295,324 of these deliveries, while 14,724 were […]

New Delhi: Tata Group has finally announced to launch its much-anticipated super app called aNeu’ on April 7, as it attempts to take on Amazon and Jio Platforms amid the stupendous growth in the consumer digital economy space in the ‘mobile-first’ country. The company revealed the launch date of ‘Neu’ on its app as well […]

Hyderabad: Hyderabad-based Bala Vikasa International Centre (BVIC) is one of the biggest social incubators in the country. It has been hand-holding social enterprises and providing support to early-stage social startups. Grassroot level company Bala Vikasa executive director Shoury Reddy Singareddy speaks about the journey of BVIC with Telangana Today. Incubator BVIC is one of the […]

New Delhi: Samsung on Saturday launched its new smartphone Galaxy M33 5G with a large 6000mAh battery and 120Hz FHD+ display in the Indian market. A Galaxy M33 5G is priced at Rs 18,999 for 6GB+128GB and Rs 20,499 for 8GB+128GB variant. At a special introductory price, the smartphone will be available at Rs 17,999 […]

Rajkot: Summers are here and the prices of lemons have already started surging in Rajkot due to a shortage in supplies and a rise in the demand for the citrus fruit. Lemons are currently being sold at Rs 200 per kg, as compared to the previous rates of Rs 50-60 per kg. “The price of […]

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 102.61 per litre as against Rs 101.81 previously, while diesel rates have gone up from Rs 93.07 per litre to Rs 93.87, […]

New Delhi: Petrol and diesel prices were on Saturday hiked by 80 paise a litre each, taking the total increase in rates in the last 12 days to Rs 7.20 per litre. Petrol in Delhi will now cost Rs 102.61 per litre as against Rs 101.81 previously, while diesel rates have gone up from Rs […]

New Delhi: Hyderabad-based vaccine manufacturer Bharat Biotech on Friday announced the temporary slowing down of its Covid vaccine Covaxin’s production across its manufacturing facilities. “Bharat Biotech today announces the temporary slowing down of production of Covaxin across its manufacturing facilities, having completed its supply obligations to procurement agencies and foreseeing the decrease in demand,” it […]

Hyderabad: Construction costs are on an upward spiral due to higher input costs following supply constraints. The rising fuel costs have increased the landing costs of materials like bricks, sand, cement and tiles among others. Further, the increase in prices of copper and aluminum too are impacting the prices of electrical wiring, windows, and doors. […]

Hyderabad: As the summer has set in, one should start looking for ways to provide better ventilation in their homes so as to get fresh air and light as much as possible. For centuries homes were not ventilated and there are several reasons why one should focus on better ventilation today. Earlier the less usage […]

Hyderabad: Hyderabad-based KFin Technologies, a financial services platform, said it has filed the draft red herring prospectus with the market regulator SEBI to raise Rs 2,400 crore via an initial public offering. The IPO is entirely an offer for sale of up to Rs 2,400 crore worth of equity shares by General Atlantic Singapore Fund. […]

Hyderabad: Members of real estate industry bodies have decided to halt construction work for one day on April 4 across Telangana to protest against the increase in prices of input materials like steel, aluminum, cement and others. Representatives of various real estate bodies, at a press conference on Friday, flagged the increase in price of […]

Hyderabad: Oil and gas sector player Drillmec, which is part of Indian infrastructure giant MEIL Group, announced that its board of directors had approved an investment plan for over Euro 35 million (about Rs 295 crore) in the energy segment in Italy. This includes production of hydrogen, construction of carbondioxide capture and storage systems and […]

New Delhi: Future Retail Limited (FRL) counsel on Friday told the Supreme Court that nobody wants to do business with it today as Section 7 of the IBC may come any day, and the company owes landlords thousands of crores in rentals, as Amazon could not get Future Retail, it destroyed the company. Senior advocate […]

New Delhi: Microsoft has announced to acquire Minit, a leader in process mining technology, for an undisclosed sum. Slovakia-based Minit enables businesses to uncover opportunities for continuous process improvement and better operational efficiency. Microsoft said that the acquisition will further help its customers digitally transform and drive operational excellence by creating a complete picture of […]

Mumbai: Equity benchmark Sensex jumped nearly 113 points in early trade on Friday, tracking gains in index majors HDFC Bank, Tata Steel and Kotak Mahindra Bank, as a sharp fall in global crude prices and foreign fund inflows boosted investors’ sentiment. The BSE barometer was trading 112.71 points higher at 58,681.22. The broader NSE Nifty […]

San Francisco: Chip-maker Intel has announced to acquire Granulate Cloud Solutions Ltd, an Israel-based developer of real-time continuous optimisation software, reportedly for up to $650 million. The acquisition will help cloud and data centre customers maximise compute workload performance and reduce infrastructure and cloud costs, Intel said in a statement late on Thursday. “Granulate’s cutting-edge […]

Hyderabad: Bharat Dynamics Limited (BDL) and Tawazun Economic Council (TEC), United Arab Emirates, have exchanged Memorandum of Understanding (MoU) to explore new business opportunities in various areas of mutual interest in the field of defence. The MoU was exchanged in the presence of Commodore Siddharth Mishra (Retd), CMD, BDL by P Diwakar BDL Director Technical […]

New Delhi: Amazon India and SUN Mobility on Thursday announced that they are working together to expand the deployment of EVs integrated with battery swapping technology for its transportation and logistics services. These EVs will contribute to Amazon India’s commitment of adding 10,000 electric vehicles in its India delivery fleet by 2025, announced in 2020. […]

At 9:25 am, the BSE Sensex was up by 16.66 points or 0.03 per cent at 58,700.65.

New Delhi: Fuel prices continue to rise with petrol and diesel rates rising by another 80 paise per litre each on Thursday, netting an increase of about Rs 6.40 a litre in nine revisions in 10 days so far. In the national capital, petrol now costs Rs 101.81 per litre, while diesel is selling at […]

Hyderabad: The new financial year has arrived. While one has time for tax related planning, it will be prudent to develop a habit of keeping a tab on the income and the spending. The Income Tax department last year introduced an Annual Information Statement (AIS) that captures various transactions. Currently, Form 26AS displays TDS/TCS transactions […]

The company is also looking to capture 10 per cent of the market in the next three years in the 4-stroke engine segment and these motors are priced between Rs 1.8 lakh for 6 hp and Rs 23 lakh for 250 hp.