Business

Hyderabad: It is prudent to move in a car for the protection it offers during the rains. However, there is a risk of waterlogging in some areas and the car getting damaged. While a comprehensive insurance cover will cover engine damages due to accidents, those happening due to water logging are excluded. Buying an engine […]

San Francisco: Tesla CEO Elon Musk’s legal team has reportedly asked the court to push back the Twitter trial by early 2023, saying that the case requires “forensic review and analysis” of a deep pool of data. While terminating his $44 billion Twitter takeover deal, Musk argued that the Parag Agrawal-headed micro-blogging platform is hiding […]

San Francisco: Tesla CEO Elon Musk said that his electric vehicle company Tesla would pull down the prices of its car if the inflation calmed down. On the microblogging site Twitter, the tech honcho mentioned the car prices on being asked by a user if the company plans to down the cost of cars after […]

Hyderabad: Shortage of labour is one of the key challenges for farmers. Its associated costs are also huge. While mechanisation options are available for the big farmers, the small farmers do not have such options due to small land holdings. To address these issues, city-based XMachines has created a miniature tractor-like device that uses robotics […]

Hyderabad: Crompton launched its new Built-in Kitchen Appliances products in Hyderabad. Hyderabad is the fifth city in the launch sequence and in the coming weeks, the products will be launched in the top 10 metros across India. Crompton unveiled a comprehensive range of 38 models comprising chimneys, gas hobs, built-in ovens, built-in microwaves, and dishwashers. […]

New Delhi: Blockchain startup 5ire on Friday said it has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM, taking its valuation to $1.5 billion and becoming a new unicorn in the country. 5ire was founded by Indian-origin entrepreneurs, Pratik Gauri and Prateek Dwivedi, along with web3 financier Vilma Mattila, in August […]

Mumbai: The rupee appreciated 7 paise to 79.92 against the US dollar in early trade on Friday as a firm trend in domestic equities and fresh foreign fund inflows strengthened investor sentiment. However, a strong greenback in the overseas markets capped the gains of the local unit, forex traders said. At the interbank foreign exchange, […]

Mumbai: Equity benchmark indices rebounded on Friday early trade after four days of decline with the Sensex climbing 339.81 points amid mixed global market trends. The 30-share BSE benchmark was trading 339.81 points higher at 53,755.96. The broader NSE Nifty advanced 72.35 points to 16,011. Among the Sensex constituents, Hindustan Unilever, Bharti Airtel, Nestle, Larsen […]

Hyderabad: GMR Hyderabad Aviation SEZ Ltd (GHASL), a subsidiary of GMR Hyderabad International Airport Ltd (GHIAL) and Schneider Electric, a leader in digital transformation of energy management and automation, have entered into an agreement to build and lease a state-of-the-art manufacturing facility at the GMR Industrial Park in Hyderabad. As a part of the agreement, […]

Mumbai: Benchmark indices started the trade on a firm note on Thursday with the Sensex climbing 239 points, mirroring positive global market trends. The 30-share BSE benchmark was trading 239.3 points higher at 53,753.45. The broader NSE Nifty climbed 74.7 points to 16,041.35. Among the Sensex constituents, Sun Pharma, Dr Reddy’s Lab, HDFC, Larsen & […]

Mumbai: The rupee appreciated 7 paise to 79.74 against the US dollar in early trade on Thursday as a positive trend in domestic equities supported the local unit. However, a strong American currency overseas and forex outflows restricted the rupee’s gain, dealers said. At the interbank foreign exchange, the rupee opened at 79.72 against the […]

Chennai: The State Bank of India (SBI) expects the inflation in India to be about five per cent by March 23. In a research report, the SBI also said the 7.01 per cent consumer price index (CPI) inflation announced by the Indian government on Tuesday for June 2022 confirms the fact that the peak point has […]

Washington: Tesla CEO Elon Musk was quick enough to react to a lawsuit filed against him by Twitter for breaching the USD 44 billion contract. Oh the irony lol — Elon Musk (@elonmusk) July 12, 2022 Minutes after news surfaced online that Twitter has sued him, Musk took to the microblogging site and just simply […]

Mumbai: The rupee started the session on a flat note against the US dollar on Wednesday amid a rally in the equity markets and easing retail inflation. A strong greenback against major currencies and foreign capital outflows kept investors cautious in early trading, forex dealers said. At the interbank foreign exchange, the rupee opened strong […]

New Delhi: Erasing two-day of losses, Indian stock indices gained marginally in early trade on Wednesday. The latest softening of global crude oil prices and signs of inflation slowly receding are likely to have lent support to the equity markets. Global crude oil prices have fallen below the psychological level of $100 per barrel after […]

Hyderabad: Innovation ecosystem enabler T-Hub announced its partnership with Pontaq, a cross-border innovation fund investing in early stage technology businesses across UK, India, USA and Canada. Under this one-year agreement, T-Hub will provide office space to Pontaq at its new building. Pontaq will be an investment partner to T-Hub in the UK-India corridor to enable […]

Hyderabad: Even as the property market took a short break after the continuous upswing from last year, Hyderabad witnessed residential properties worth a whopping Rs.2,841 crore being transacted in June this year. In its latest market report, Knight Frank India noted that the city witnessed residential property registrations of 5,408 units this June, which was […]

Hyderabad: Heralding the use of artificial intelligence (AI) and new technologies to address societal problems, Telangana Industries and IT Minister KT Rama Rao launched three projects -iRASTE Telangana, Bodhyaan Car Platform and MicroLabs at the IIIT-Hyderabad Tuesday. Speaking at the launch, Rama Rao said Telangana has been using technology to reach out to the common […]

Hyderabad: MN Park at Genome Valley in Shamirpet is adding about 1,80,000 sqft life sciences real estate shortly. In addition, it has also firmed up its plans to add another 2,50,000 sqft with an additional investment of Rs 150-200 crore. This will be ready in two to three years. Currently, it has about 8.5 lakh […]

Hyderabad: In a significant development that could herald self-reliance in production of electric vehicle batters in India, Ola Electric has succeeded in making a Li-ion cell indigenously. The success in making the Lithium Ion cell was announced by the Ola Electric CEO Bhavish Aggarwal on Twitter on Monday. “The cell is the heart of the […]

Mumbai: The rupee depreciated 7 paise to 79.33 against the US dollar in early trade on Monday as a muted trend in domestic equities and risk-averse sentiments weighed on the local unit. However, sliding crude prices in the international market restricted the rupee’s fall, according to forex traders. At the interbank foreign exchange, the rupee […]

New Delhi: The Supreme Court on Monday awarded four-month sentence to fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, in a contempt case. A bench headed by Justice U U Lalit also imposed a fine of Rs 2,000 on Mallya. The top court […]

New Delhi: Snapping three-day gains, Indian stock indices declined in early trade on Monday. At 9.30 a.m., Sensex was trading at 54,193.15 points, down 288.69 points or 0.53 per cent, whereas was at 16,141.95 points, down 78.65 points or 0.48 per cent. Among the individual stocks, Bharti Airtel, TCS, Tech Mahindra, HCL Technologies, and Wipro […]

By Srinivas Bandhakavi Hyderabad: HDFC Bank is the country’s largest bank by market capitalisation with Rs 7,78,000 crore. It is also India’s largest private sector bank by assets and was the world’s 10th largest bank by market capitalisation in April 2021. Trading at Rs 1,400 as of July 8, the share price is just off […]