Business

Hyderabad: With Telangana emerging as a hot destination for real estate investment not only for people from within the State but also for investors from other States, realtors, projecting the Outer Ring Road as a success story, are wooing prospective customers to invest in lands in areas beyond Pragnyapur, Jagdevpur, Zaheerabad, Shadnagar and other peripheral […]

Hyderabad: Hyderabad is seeing healthy new launches in the residential sector to meet the growing housing demand year-on-year and bridging the demand-supply gap. About 1.03 lakh units are under construction, of which approximately 16 per cent will complete in 2022, 16 per cent in 2023, 15 per cent in 2024, and 53 per cent beyond […]

Hyderabad: Hyderabad-based Dru Gold is planning to strengthen its presence in the domestic market by setting up additional branches and foraying into potential overseas markets by 2025 where gold consumption is high. The company has earmarked about Rs 45 crore for its expansion for the next 2-3 years. The gold and jewellery recycling company has […]

Hyderabad: GMR Hyderabad Air Cargo (GHAC), which saw 35 per cent growth in its domestic cargo volumes in 2021, is further strengthening its air cargo infrastructure to emerge as the largest air cargo hub for south and central India. Despite the pandemic-induced challenges, Hyderabad Airport has been able to rebuild its flight network and cargo […]

Mumbai: The Indian stock markets witnessed volatile trading on Monday with the benchmark Sensex trading with a gain of 167 points at around noon after a selling pressure in the morning session. The 30 stock S&P BSE Sensex was trading at 58,000.36 points at around 12.10 pm, which is 167.39 points or 0.29 per cent […]

Hyderabad: The Sistema Group company, Binnopharm Group, signed an agreement with Dr Reddy’s Laboratories to acquire anti-bacterial medicines under the Ciprolet and Levolet brands from Dr Reddy’s in Russia, Uzbekistan, and Belarus. The portfolio includes various dosage forms such as tablets, solution for infusions and eye drops. Rustem Muratov, CEO of the Binnopharm Group said, […]

New Delhi: India’s largest mobile operator Reliance Jio Infocomm will land the multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives, according to a statement on Monday. The high capacity and high-speed IAX system will connect Hulhumale directly with world’s major internet hubs in India and Singapore. Jio’s IAX project will land in the Maldives […]

Hyderabad: Lake rejuvenation activities may a get a shot in the arm from new age technologies. Bariflo Labs, an artificial intelligence company, has created devices that can give insights into the water health in a lake, tank or other waterbody. These insights will lead to taking corrective actions to rejuvenate the waterbodies and irrigation tanks. […]

Hyderabad: A high-level delegation from the Government of Andhra Pradesh led by the Minister for Industries, Commerce, IT, Skill Development, Training, Textiles & Handicrafts M Goutham Reddy visited the Dubai Expo 2020 from February 11 to 17. The visit generated a potential investment interest of Rs 10,350 crore and employment of 5,740 direct and 10,000 […]

Hyderabad: Hyderabad-based Hetero unveiled results of phase III trials of Movfor (Molnupiravir), an investigational oral antiviral Covid-19 drug. The company demonstrated that Molnupiravir along with Standard of Care (SOC) reduced the risk of hospitalisation by over 65 per cent compared to SOC alone. The results were presented as an oral abstract at the Conference on […]

Through this association with CSC, MEML will offer their range of electric vehicles such as the Treo and Alfa to aspiring customers in the rural markets.

Ramakrishna, who reached the Mumbai office of the CBI in the afternoon to record her statements, is being questioned by a team of senior officials, including one woman.

Hyderabad: In order to promote women entrepreneurship in the State, a Business Women Expo 2022 is being organised in Hyderabad in March. Spread across three days – March 11, 12 and 13 — the expo will enable women across verticals to meet, collaborate and celebrate women-led businesses. The Business Women Expo is being organised by […]

Hyderabad: While most houses today don’t have sprawling yards replete with beautiful flowering plants and swimming pools, they have balconies to enjoy the morning breeze. With the blue skies and bright sunshine making a comeback, this is the perfect time to deck up your balconies for summer. To start, choose the material you want to […]

Hyderabad: Malls with their fancy shopping areas, fun zones, food court and movie theatres have become the epitome of urban cities. These places have become the go to entertainment zones for the urban population and also provide the ease of finding everything under one roof. It was in 2004 that Hyderabad got its first mall […]

Hyderabad: Hyderabad has emerged as the real estate developers’ favourite market adding 22 per cent of the total (50,000 units plus) new residential launches in the top six cities of the country in the fourth quarter of 2021 (October-December). Cities such as Pune and Bengaluru accounted for 17 per cent and 12 per cent, respectively. […]

Hyderabad: The Telangana IT, Electronics and Communications department has signed a Memorandum of Understanding (MoU) with Tika Data, one of the growing data annotation companies in the country. Under the MoU, Tika Data will set up three rural data annotation centres, tentatively in Jakranpalle, Armoor, and Dichapalle mandals of the Nizamabad district. It will train […]

Hyderabad: Tyre major MRF has announced investment of Rs 1,000 crore for expansion of its facility and creating a new specialty assembly line at Sangareddy. This was disclosed by IT and Industries Minister KT Rama Rao after meeting MRF Vice Chairman and Managing Director Arun Mammen. ‘Met with Sri Arun Mammen, VC&MD of MRF India […]

Hyderabad: Hyderabad-based aerospace company Ananth Technologies has won the Award for Excellence in Aerospace Indigenisation from Society of Indian Aerospace Technologies & Industries (SIATI). The award has been given for the development of VHF/UHF modules for V/ UHF Radio used in the front-line defence fighter aircraft. This has helped in substituting imported items, saving foreign […]

Hyderabad: Housing prices in Hyderabad jumped seven per cent during the last quarter of the calendar year 2021, according to PropTiger.com research. This growth in annual prices of new apartments could primarily be attributed to the spike in rates of construction materials after the coronavirus pandemic outbreak in early 2020 due to supply side constraints. […]

Hyderabad: If harsh restrictions are not imposed on business operations more than 65 per cent of the employers from Hyderabad are keen on hiring talent in the current quarter. The city has also recorded growth in intent to hire, with 12 per cent rise in intent to hire over the last quarter. TeamLease Services, in […]

Hyderabad: Hyderabad saw Industrial and Logistics (I&L) leasing outpace supply in 2021. The Northern Corridor of the city led space take-up in the sector. Overall supply increased to 1.1 million sq ft in 2021 while absorption grew to 3.2 million sq ft in 2021. In terms of absorption, third-party logistics (3PL) accounted for a share […]

New Delhi: FMCG giant Nestle India Limited on Thursday reported Rs 386.6 crore net profit for the quarter ended December 31, 2021, which is 20 per cent down from Rs 483 crore recorded in the corresponding period of the previous year. The company posted a net profit of Rs 2,145 crore for the full year […]

Hyderabad: Srinivasan Arunachalam, a veteran leader, and senior-level financial director with over 30 years of work experience across various companies in India has now joined Hyderabad-headquartered MIC Electronics Limited (MICEL) as its Chief Executive Officer (CEO). Srinivasan has previously worked in organisations such as ICICI Bank as global head for Capital Markets; as VP, head – […]