Business

Hyderabad: The domestic vegetable oil industry is pegged at Rs 2.5 lakh crore. The sector has seen huge volatility this year. High oil and oilseed prices, which normally would be a stimulus for increased production, became a challenge in terms of managing the consumer inflation, Indian Vegetable Oil Producers’ Association President Sudhakar Desai tells Telangana […]

Hyderabad: We have seen a trend of lay-offs across tech companies, but it does not stop here. The food delivery aggregator, Zomato, began laying off employees as it looks to cut costs and turns toward becoming profitable. At least a hundred employees have already been impacted by this lay-off across departments like tech, product, catalog, […]

According to a report in the Silicon Valley Business Journal, the move will result in approximately 4,100 jobs cut at Cisco which has a 83,000-strong workforce globally.

The New York Times reported that key infrastructure teams have been "decimated" at Twitter and Musk sent an email to employees asking them about the details regarding the underlaying technology.

Hyderabad: LTIMindtree, a global technology consulting and digital solutions company, further expanded its Hyderabad operations by setting up a new digital experience centre in Hitec City. IT and Industries Minister KT Rama Rao inaugurated the new premises. The 1,00,000 sq ft centre will accommodate 1,000 professionals. Designed to provide a collaborative working experience, the centre […]

Hyderabad: Hyderabad-based MagikMinds got acquired by the TRC Companies, which is into providing technology engineering, consulting and environmental services in the power and utility, transportation, Government, commercial and industrial segments. Founded in 2010, MagikMinds provides geospatial information systems (GIS) consulting and implementation services to utilities and telecom industries. It has presence in the US, Canada, […]

Pawan and Bharath, who consider rockets to be the most fascinating pieces of machinery ever built, have known each other since their days working with the Indian Space Research Organisation (ISRO).

The 30-share BSE Sensex climbed 179.28 points to 61,929.88 in early trade. The broader NSE Nifty advanced 50.7 points to 18,394.60.

At the interbank foreign exchange, the domestic unit opened up at 81.59 against the dollar, then gained further ground to quote 81.54, registering a gain of 10 paise over its previous close.

Qualcomm is working very closely with Reliance Jio to provide its chipset platforms for the 5G fixed wireless access and the Open RAN 5G network.

The e-commerce giant publicly confirmed some layoffs on Wednesday and now, Jassy has said more layoffs are coming as Amazon's annual planning process extends into the new year.

Annalect India, a marketing and communications player, announced its new office in Hyderabad.

Hyderabad: Hyderabad-based health benefits platform ekincare and medical response company Stanplus joined hands to provide emergency services to the former’s more than 500 corporate customers. Under this, ekincare customers will have access to Stanplus’ network of about 6,000 ambulances in 550 locations cities across India with a 24/7 emergency support helpline, an ambulance support at […]

Hyderabad City-based Natco Pharma said that the Appeals Court in the US has rejected its marketing partner Alvogen’s appeal on Ibrutinib tablets. These are proposed generic equivalents to Imbruvica tablets made Pharmacyclics LLC. It is indicated in the treatment of cancer. Natco and its co-development and marketing partner Alvogen Pine Brook are assessing their option […]

Hyderabad: NoBroker.com, a tech-based real estate platform, launched an experience centre at Gachibowli. This will offer customers a touch-and-feel experience of home decor products. The platform has about 10 lakh customers in the city. “The home interiors’ organised market is capturing a small segment of the overall market and there is scope for NoBroker to […]

Hyderabad: Medtronic Engineering and Innovation Centre (MEIC) in Hyderabad has been recognised among India’s Best Workplaces for Women 2022 by Great Place to Work India. MEIC features amongst the top 100 organisations for best places to work for women. This certification recognises MEIC’s work foster inclusion, diversity, and equity, it said. MEIC is Medtronic’s largest […]

The State also has plans for an aerospace university in partnership with the industry, he said, adding that it was open for collaborations with ecosystem partners.

The 30-share BSE Sensex declined 211.76 points to 61,768.96 in early trade. The broader NSE Nifty dipped 57.95 points to 18,351.70.

Forex traders said the American currency strengthened after strong US retail sales data pointed to resilient consumption despite a slowing economy, adding room for tighter policy by the US Federal Reserve.

The company did not reveal the exact number of employees being hit although earlier reports put the number at 10,000 employees or 3 per cent of its workforce.

Hyderabad: Industry body FTCCI entered into a MoU with the Foreign Economic Relations Board of Turkey to facilitate trade and investment between Telangana and Turkey. FTCCI with support of WTC Hyderabad organised business matchmaking meetings with Turkey business delegates on Wednesday in Hyderabad. “The Indian markets, especially Telangana, have been growing consistently and there are […]

Adani takeover target NDTV scrip hits upper circuit Adani takeover target NDTV scrip hits upper circuit Adani takeover target NDTV scrip hits upper circuit Adani takeover target NDTV scrip hits upper circuit

London: Britain’s inflation rate rose to a 41-year high in October, fuelling demands for the government to do more to ease the nation’s cost-of-living crisis when it releases new tax and spending plans on Thursday. Consumer prices rose 11.1% in the 12 months through October, compared with 10.1% in September, the Office for National Statistics […]

Skootr offers ‘workspace-as-a -service’ wherein enterprises get customised flexible office space without locking up funds in the capital expenditure.