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Home  Business

Business

HDFC to amalgamate with HDFC Bank in ‘merger of equals’; create Rs 18-lakh cr giant

HDFC to amalgamate with HDFC Bank in ‘merger of equals’; create Rs 18-lakh cr giant

  • Construction projects halted for a day as part of `No Workday’

    Hyderabad: About 1,000 real estate developers in the city and about 800 across the State observed `No Workday’ on Monday as part of the protest against the rising building material costs. The call to suspend the work was given by industry body Confederation of Real Estate Developers’ Associations of India (Credai), Telangana Real Estate Developers’ […]
  • Flipkart Foundation to empower 20 million Indians in next decade

    New Delhi: With an aim to positively impact 20 million lives directly and indirectly in the next decade, the Flipkart Group on Monday launched the Flipkart Foundation that will aim to build an inclusive, equitable and sustainable society in the country. Flipkart Foundation aims to drive transformational work by collaborating with diverse stakeholders across government […]
  • Sensex climbs over 1,100 points; HDFC twins shares surge on merger announcement

    Mumbai: Starting off the week on a strong note, the Sensex soared more than 1,100 points in early trade on Monday, driven by substantial gains in index majors HDFC Bank and HDFC amid mixed trends in Asian markets. In the morning trade, the 30-share Sensex skyrocketed 1,143.78 points to 60,420.47 points, while broader Nifty 50 […]
  • Apple may add 11-Inch MacBook Air model to obsolete products list

    San Francisco: Tech giant Apple is expected to add two MacBook Air models and one MacBook Pro model to its obsolete products list on April 30. According to an internal memo obtained by MacRumors, all three notebooks have already been on Apple’s list of “vintage” products since 2020 and will be moved to the “obsolete” […]
  • Petrol, diesel prices hiked by 40 paise; total increase stands at Rs 8.40

    New Delhi: Petrol and diesel prices were on Monday hiked by 40 paise a litre each, taking the total increase in rates in the last two weeks to Rs 8.40 per litre. Petrol in Delhi will now cost Rs 103.81 per litre as against Rs 103.41 previously, while diesel rates have gone up from Rs […]
  • Petrol prices go up again, costs Rs.118.59 in Hyderabad on April 5

    Hyderabad: The rise in oil prices in the country continues. Oil marketing companies today hiked prices by 91 paise on petrol and 87 paise on diesel. Petrol in Delhi will now cost Rs 104.61 per litre, while diesel rates have gone up from Rs 95.87 per litre, according to a price notification of state fuel retailers. […]
  • Hyderabad-based MicroBite plans to set up bioethanol plant in Telangana

    Hyderabad: MicroBite, city-based company, has developed a technology that will reduce the time for fermentation. This has a bearing for the ethanol and beverage industries. Lower fermentation times mean faster production times. The company has drawn up plans to set up a five kilo litre pre day (KLPD) capacity bioethanol plant in the State. It […]
  • BPO services firm ICCS plans to hire over 1,000 people in Hyderabad

    Hyderabad: BPO/BPM services company ICCS sees Hyderabad as a vital component for the firm’s growth and plans to ramp up its hiring in the city in the coming few months. The company that has built its second base in Hyderabad with a workforce of 500 people is preparing for another round of hiring and intends […]
  • RBI likely to maintain status quo on rates to support growth, say analysts

    Mumbai: The Reserve Bank is likely to maintain status quo on interest rates in its forthcoming monetary policy review but may change the stance in view of retail inflation piercing its upper tolerance limit, global uncertainties created by the ongoing Russia-Ukraine war, and the urgency to protect and boost growth, feel experts. The RBI Governor-headed […]
  • Petrol, diesel prices hiked by 80 paise; rates up by Rs 8 in less than two weeks

    New Delhi: Petrol and diesel prices were on Sunday again hiked by 80 paise a litre each, taking the total increase in rates in less then two weeks to Rs 8 per litre. Petrol in Delhi will now cost Rs 103.41 per litre as against Rs 102.61 previously, while diesel rates have gone up from […]
  • Petrol prices go up again, costs Rs.117.23 in Hyderabad on Sunday

    Hyderabad: The rise in oil prices in the country continues. Oil marketing companies today hiked prices by 90 paise on petrol and 87 paise on diesel. Petrol in Delhi will now cost Rs 103.41 per litre as against Rs 102.61 previously, while diesel rates have gone up from Rs 93.87 per litre to Rs 94.67, […]
  • ONGC to see $3 bn rise in earnings, Reliance $1.5 bn from gas price hike

    New Delhi: State-owned Oil and Natural Gas Corporation (ONGC) is likely to see a USD 3 billion (about Rs 23,000 crore) rise in its annual earnings from the more than doubling of the price of natural gas it produces, while Reliance Industries may get USD 1.5 billion (Rs 11,500 crore) more in revenue, a report […]
  • Tesla delivers over 3 lakh vehicles despite ‘exceptionally difficult quarter’

    San Francisco: Electric vehicle company Tesla delivered 310,048 vehicles in the first quarter of 2022, despite what CEO Elon Musk says was an “exceptionally difficult quarter”, citing global supply chain issues and a brief closure at Tesla’s Shanghai factory. Tesla said the Model 3 and Y made up 295,324 of these deliveries, while 14,724 were […]
  • Tata Group’s super app ‘Neu’ arriving on April 7 to take on Amazon, Jio

    New Delhi: Tata Group has finally announced to launch its much-anticipated super app called aNeu’ on April 7, as it attempts to take on Amazon and Jio Platforms amid the stupendous growth in the consumer digital economy space in the ‘mobile-first’ country. The company revealed the launch date of ‘Neu’ on its app as well […]
  • ‘Focusing on nurturing social enterprises’

    Hyderabad: Hyderabad-based Bala Vikasa International Centre (BVIC) is one of the biggest social incubators in the country. It has been hand-holding social enterprises and providing support to early-stage social startups. Grassroot level company Bala Vikasa executive director Shoury Reddy Singareddy speaks about the journey of BVIC with Telangana Today. Incubator BVIC is one of the […]
  • Galaxy M33 5G with 6000mAh battery launched in India

    New Delhi: Samsung on Saturday launched its new smartphone Galaxy M33 5G with a large 6000mAh battery and 120Hz FHD+ display in the Indian market. A Galaxy M33 5G is priced at Rs 18,999 for 6GB+128GB and Rs 20,499 for 8GB+128GB variant. At a special introductory price, the smartphone will be available at Rs 17,999 […]
  • Lemon prices skyrocket to Rs 200 per Kg in Gujarat’s Rajkot

    Rajkot: Summers are here and the prices of lemons have already started surging in Rajkot due to a shortage in supplies and a rise in the demand for the citrus fruit. Lemons are currently being sold at Rs 200 per kg, as compared to the previous rates of Rs 50-60 per kg. “The price of […]
  • Petrol prices go up again, costs Rs.116.33 in Hyderabad on Saturday

    Hyderabad: The rise in oil prices in the country continues. Oil marketing companies today hiked prices by 91 paise on petrol and 87 paise on diesel. Petrol in Delhi will now cost Rs 102.61 per litre as against Rs 101.81 previously, while diesel rates have gone up from Rs 93.07 per litre to Rs 93.87, […]
  • Petrol, diesel prices hiked by 80 paise; total increase now stands at Rs 7.20

    New Delhi: Petrol and diesel prices were on Saturday hiked by 80 paise a litre each, taking the total increase in rates in the last 12 days to Rs 7.20 per litre. Petrol in Delhi will now cost Rs 102.61 per litre as against Rs 101.81 previously, while diesel rates have gone up from Rs […]
  • Bharat Biotech announces slowing down of Covaxin production

    New Delhi: Hyderabad-based vaccine manufacturer Bharat Biotech on Friday announced the temporary slowing down of its Covid vaccine Covaxin’s production across its manufacturing facilities. “Bharat Biotech today announces the temporary slowing down of production of Covaxin across its manufacturing facilities, having completed its supply obligations to procurement agencies and foreseeing the decrease in demand,” it […]
  • Rising construction costs put developers in a fix

    Hyderabad: Construction costs are on an upward spiral due to higher input costs following supply constraints. The rising fuel costs have increased the landing costs of materials like bricks, sand, cement and tiles among others. Further, the increase in prices of copper and aluminum too are impacting the prices of electrical wiring, windows, and doors. […]
  • Ways to ventilate your home this summer

    Hyderabad: As the summer has set in, one should start looking for ways to provide better ventilation in their homes so as to get fresh air and light as much as possible. For centuries homes were not ventilated and there are several reasons why one should focus on better ventilation today. Earlier the less usage […]
  • Hyderabad-based KFin files draft papers with SEBI to raise Rs 2,400 cr IPO

    Hyderabad: Hyderabad-based KFin Technologies, a financial services platform, said it has filed the draft red herring prospectus with the market regulator SEBI to raise Rs 2,400 crore via an initial public offering. The IPO is entirely an offer for sale of up to Rs 2,400 crore worth of equity shares by General Atlantic Singapore Fund. […]
  • Telangana: Real estate industry to halt work on April 4 to protest against rising prices

    Hyderabad: Members of real estate industry bodies have decided to halt construction work for one day on April 4 across Telangana to protest against the increase in prices of input materials like steel, aluminum, cement and others. Representatives of various real estate bodies, at a press conference on Friday, flagged the increase in price of […]
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