Business

Detroit: Shares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform. Of the two, Musk’s electric vehicle company has fared worse, with its stock down almost 16% so far this […]

Hyderabad: Many retail investors burnt their fingers as the stock markets are in a free fall. BSE, one of the two popular stock exchanges in the country, fell 1,158 points on Thursday. Between May 1 and 12, the BSE lost more than 4,000 points. The market capitalisation on the BSE on May 12 touched Rs […]

New Delhi: India’s retail inflation accelerated to 7.79 per cent in April, remaining above the tolerance limit of the central bank for a fourth month in a row, data released on Thursday showed. The retail inflation stayed well above the Reserve Bank of India’s upper tolerance limit for a fourth consecutive month due to high […]

Hyderabad: The financial year of 2023 seems to be a strong time for the job market. According to a new report, there will be a 5 per cent increase in the proportion of employers hiring during April to June when compared to January to March. The India Hiring Tracker by Indeed showed that the percentage […]

Hyderabad: Three innovative and revolutionary healthcare and food supplement products of GreenQuirs and it’s official website www.greenquris.com was launched by MLA, A.Gandhi, Senior Consultant Physician and Diabetologist, Apollo Hospitals, Dr, Ch Vasanth Kumar along with P.Venkata Ramana, MD and B.Vinay Kumar CEO GreenQuris. ‘WalkMore’, is first of its kind, precautionary pain relieving and footcare gel. […]

Hyderabad: Hyderabad’s aerospace sector is all set to get another boost with a new production facility that will manufacture helicopter gears and gearboxes is being set up here. Skanda Aerospace Technology Private Limited (SATPL) – a joint venture between Raghu Vamsi Machine Tools and US-based Rave Gears — is planning to invest Rs 250 crore […]

Hyderabad: Software consulting company Beyond Key has expanded its presence in India by inaugurating an office in Hyderabad. With this move, the company is set to hire more experts who will provide IT services and solutions to their clients around the world. Beyond Key already operates in Chicago, Indianapolis, Indore and Pune seeking the best […]

New Delhi:As the electric e-scooter maker Ola Electric faces government scrutiny and consumer complaints, a couple of its top-notch executives have quit, the latest being its chief marketing officer Varun Dubey. The company confirmed to IANS that Dubey is leaving the company due to “personal reasons”. Earlier, Dinesh Radhakrishnan who was the chief technology officer […]

Hyderabad: Callaway Golf Company, a global leader in golf equipment, apparel, and entertainment, inaugurated its DigiTech facility in Hyderabad. The 20,000 sqft facility at Hitec City will employ about 200 people. “This launch opens up a new sector and many more prospective clients from sports and allied fields will now look at Hyderabad to set […]

New Delhi: Indian equity benchmarks extended their losses from the previous session and tanked sharply due to weak global cues amidst high volatility. Asian stocks fell as the US inflation for April stood persistently high, which dented investors’ confidence. The US April inflation print came at 8.3 per cent from a year ago, slower than […]

Mumbai: The rupee slumped 30 paise to 77.55 against the US dollar in opening trade on Thursday as a lacklustre trend in the domestic equity markets and a firm American currency weighed on investor sentiment. Besides, persistent foreign fund outflows and elevated crude oil prices impacted the domestic unit, forex traders said. At the interbank […]

New Delhi: Google has finally announced a Pixel Watch that will arrive along with Pixel 7 smartphone later this fall. The company also showcased its first Android tablet. The Pixel Watch will come with a circular, domed design and features a “tactile” crown and side button. Made of recycled stainless steel, the watch will run […]

Hyderabad: NCC Limited reported a profit after tax of Rs 242.1 crore for the quarter ended March this year. This is more than double compared to Rs 116.83 crore same period last year. For the full financial year that ended in March, it reported a net profit of Rs 482.41 crore, an increase of 80 […]

Hyderabad: Uber Technologies on Wednesday announced a fresh round of recruitment for its India tech centers with a plan to hire 500 more technology employees by December. The app-based mobility and delivery company has a 1,000-member technology team across its centers in Hyderabad and Bengaluru. Uber hired 250 engineers to its India teams in 2021. […]

Hyderabad: Telangana based startup ecosystem builder T-Hub on Wednesday announced that it has selected 16 startups for the sustainability cohort of the AIC T-Hub Foundation programme. The programme aims to foster innovation and entrepreneurship across the sustainability sector and is designed to help entrepreneurs navigate the challenges of scaling a sustainable startup through workshops, mentorship, […]

Hyderabad: Hyderabad-based Cyient’s founder and chairman Dr BVR Mohan Reddy has been inducted into the ‘Geospatial Hall of Fame’ at the Geospatial World Forum (GWF) 2022 at Taets Art & Events Park, Amsterdam. Dr Reddy received this award for his contribution to the geospatial industry through innovation and research and development-led engineering services. The Hall […]

Mumbai: The rupee appreciated 17 paise to 77.17 against the US dollar in opening trade on Wednesday as the American currency retreated from its elevated levels. At the interbank foreign exchange, the rupee opened at 77.24 against the American dollar, then gained further ground to quote at 77.17, registering a rise of 17 paise from […]

Mumbai: The Indian stock market’s benchmark Sensex was trading 222.03 points down on Wednesday dragged by heavy selling pressure in the index heavyweight Asian Paints. The 30 stock S&P BSE Sensex was trading 222.03 points or 0.41 per cent down at 54,142.82 points at 10:05 am. The broader Nifty 50 of the National Stock Exchange […]

New Delhi: Apple has announced to discontinue the iPod that was introduced over 20 years ago and captivated users all over the world with music on the go. The company said the latest iPod touch model will be available while supplies last. Customers can purchase iPod touch through apple.com/in,and Apple Authorised Resellers while supplies last, Apple […]

Hyderabad: Many dream of starting their own business. But few actually manage to make it come true. Srujana Kanumuri, a marketer-turned-entrepreneur with a background in culinary arts, did exactly that when she founded FoodHosts. FoodHosts is a new food tech startup in town that connects local Artisan Indie chefs to food lovers across the city. […]

Hyderabad: The India Blockchain Accelerator has shortlisted 14 early-stage Web3 startups for the final evaluation round for its first-ever mentorship and financing programme. Launched in December 2021 as a joint initiative of the Telangana government, Crypto investing app CoinSwitch and innovation management firm Lumos Labs, the accelerator provides a $7,00,000 (about Rs 5.2 crore) grant […]

Hyderabad: City-based sport analytics platform HomeGround has been selected for the Sport & Event Tech programme 2022 cohort by Startupbootcamp Australia. It is among the ten startups selected globally for the programme. This programme allows startups to get funding, mentors and a chance to present to top investor community. The three-month programme, which will begin […]

Hyderabad: Swiss Re Global Business Solutions (GBS) India, the analytical and innovation hub of Swiss Re, will launch a new centre in Hyderabad in September. The new GBS centre strengthens Swiss Re’s commitment to India, as well as its digital, data and technology capabilities in delivering global solutions that make the world more resilient. Swiss […]

Mumbai: The Indian stock market’s benchmark Sensex was trading flat on Tuesday dragged by heavy selling pressure in the metal and consumer durables stocks. The 30 stock S&P BSE Sensex was trading 30.62 points or 0.06 per cent down at 54,440.05 points at 10:00 am. The broader Nifty 50 of the National Stock Exchange was […]