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Home  Business

Business

Sensex declines 107.59 points to 60,750.84 in early trade

Sensex declines 107.59 points to 60,750.84 in early trade

  • Rupee gains 21 paise to 81.15 against US dollar

    Forex traders said the rupee opened stronger tracking gains in the non-deliverable forward (NDF) markets.
  • Tata Boeing Aerospace delivers first fuselage to Indian army

    The aerospace company has delivered the first fuselage for six AH-64 Apache attack helicopters ordered by the Indian Army from its Hyderabad facility.
  • WebPT announces Rs.150 crore Global Capabilities Centre in Hyderabad

    The announcement to set up the GCC was made during IT Minister KT Rama Rao’s meeting with WebPT CEO, COO at the World Economic Forum, Davos.
  • Satya Nadella says golden age of Artificial Intelligence is here, good for humanity

    In a session at the ongoing five-day annual meeting of the World Economic Forum, Nadella said that technology will provide more and more ways to bring people together.
  • Amazon begins new round of job cuts, lays off over 18,000 people

    At the time, there were reports that around 10,000 people would be affected, including members of its hardware and services, human resources, and retail teams.
  • Dr Reddy’s cuts price of heart drug, MSN launches breast cancer tablets

    Dr Reddy's Laboratories reduced the price of its cardiovascular drug Cidmus, MSN Group, launched the world’s first generic Palbociclib tablets for advanced breast cancer therapy
  • Microsoft to lay off nearly 11K employees this week: Report

    Sky News reported that Satya Nadella-run company is "finalising plans to become the latest technology giant to reduce its workforce during a global economic slowdown".
  • Bank of India net profit rises 20 percent for December quarter sequentially

    Public sector lender Bank of India posted a 20% increase in its net profit at Rs 1,151 crore in the quarter ended December
  • T-Hub launches cohorts of T-Angel, RubriX

    T-Hub partnered with f5, GitHub, Digital Fabric, Moolya Testing and UCC for this cohort to give startups hands-on industry experience
  • Hyderabad-based Maithri Aquatech wins Dubai award

    City-based Maithri Aquatech, which is into atmospheric water generation, said it won the ‘Mohammed Bin Rashid Al Maktoum Global Water Award’
  • Over 1,600 tech employees being fired a day on average in January

    In 2022, over 1,000 companies laid off 154,336 workers, as per the data from layoffs tracking site Layoffs.fyi.
  • Indian stocks gain in early trade; concerns about FPI selloff remain

    Sensex traded at 60,316.99 points, up 224.02 points or 0.37 per cent, whereas Nifty was at 17,964.75 points, up 69.90 points or 0.39 per cent.
  • Hyderabad sees record housing sales in 2022

    The year 2022 saw record-high housing sales and new launches across the top seven cities including Hyderabad
  • Hyderabad to see 25,120 housing units getting completed in 2023: Anarock

    Bengaluru, Hyderabad, and Chennai collectively saw about 81,580 units completed in 2022, against 63,870 units in 2021
  • Hyderabad: US-based Clean Harbors opens new office at Hitec City

    The GCC has scaled up from just 30 employees in Hyderabad to over 1,200 employees in less than four years across their facilities in Hyderabad, Pune, and Bengaluru
  • T-Hub wins Best Incubator in India award

    T-Hub emerged as the winner in the category for its efforts to support the growth of the startup ecosystem in Telangana
  • Understand pressures of middle class as I belong to same category, says Sitharaman

    "The Modi government has not levied any new tax on the middle class in any budget so far. No tax has been imposed on people who earn up to Rs 5 lakhs," Sitharaman said during the event.
  • Hyderabad-based Franklin EV plans to double capacity, eyes more localisation

    Our target is to reach 200 showrooms and achieve sales of 3,000 units per month this year,
  • Vodafone plans hundreds of job cuts, biggest in 5 years: Report

    The Financial Times reported that this will be the company's "biggest round of job cuts in five years".
  • Corporate companies appreciate KTR

    Corporate managements continue to appreciate Industries Minister KT Rama Rao for his commitment and vision in getting more investments into Telangana and development.
  • Layoffs begin at Ola, 200 employees to be impacted

    The layoffs, which were first announced in September last year, happened across the teams.
  • Tim Cook takes a hefty $35 million pay cut amid rough global market

    According to a new regulatory filing in the US Securities Exchange Commission (SEC), Cook's pay will drop from $84 million in 2022 to $49 million in 2023, at his own recommendation, reports The Verge.
  • Hindware JV sets up Rs 210 Cr-geyser plant at Jadcherla

    In addition to the Rs 210 crore investment, the facility will further see an investment of Rs 100-150 crore in the next phase when it will increase the capacity by at least 50 per cent.
  • Samsung confirms Galaxy S23 series launch for Feb 1

    Jennifer Shah, 49, who starred in 'Real Housewives of Salt Lake City', previously pled guilty to one count of conspiracy to commit wire fraud in connection with telemarketing.
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