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Home  Business

Business

Urbanrise-Alliance Group bets big on Hyderabad

Urbanrise-Alliance Group bets big on Hyderabad

  • Schoolnet acqui-hires Hyderabad startup NextSteps AI

    Hyderabad: Hyderabad-based startup NextSteps AI has announced it has been acqui-hired by Noida-based education technology (edtech) company Schoolnet India. Through this acquisition, the team of NextSteps AI will be joining the Schoolnet’s team to enhance the latter’s deep-tech capabilities to personalize education at scale. NextSteps AI is a deep-tech (AI/ML) startup incubated at T-Hub and […]
  • PV wholesales dip 8% in January as semiconductor woes continue

    New Delhi: Passenger Vehicle (PV) dispatches from factories to dealers in India fell 8 per cent in January, mainly due to semiconductor shortage, auto industry body SIAM said on Friday. The total passenger vehicle wholesales dropped to 2,54,287 units in January 2022 as compared to 2,76,554 units in the same month of last year. Last […]
  • OPPO joins Reliance Jio to conduct 5G test on latest device

    The ultra-fast and low-latency 5G trial on Reno7 Series was successfully concluded in a demo set-up.
  • MTAR Technologies Q3 net profit up over 50%

    The company’s revenue from operations stood at Rs 78.1 crore as against Rs 55.2 crore in Q3FY21, growing 41.4 per cent year-on-year.
  • Equity indices open in red, Sensex down by 612 points

    The 30-scrip BSE Sensex was down by 612.80 points or trading at 58313.23 and down by 1.04 percent at 9.20 am.
  • Pennar Industries Q3 net profit up multi-fold

    Hyderabad: Hyderabad-based Pennar Industries Limited (PIL), a value-added engineering products and solutions company, reported a net profit of Rs 10.71 crore for the quarter ended December 31, 2021, compared to Rs 2.73 crore in Q3 FY21. The company’s net revenue stood at Rs 532.97 crore during the quarter under review compared to Rs 411.93 crore […]
  • West Pharmaceutical Services partners with IIT Palakkad for Medtech CoE

    Hyderabad: West Pharmaceutical Services, which provides innovative solutions for injectable drug and healthcare products, partnered with TECHIN, a Technology Innovation Foundation of IIT Palakkad that focuses on assisting innovation and incubation for budding entrepreneurs, to build a Medtech research Centre of Excellence (CoE). The company has its sales office in Hyderabad and a manufacturing unit […]
  • Cryptocurrency big threat for financial stability: Shaktikanta Das

    Mumbai: Cryptocurrency is privately created and it is a very big threat to the country’s macroeconomic and financial stability, RBI Governor Shaktikanta Das said on Thursday. Replying to a question, Das said, “Cryptocurrency or currency which have currency like character, they will undermine the RBI ability to deal with issues of financial stability.” RBI Governor […]
  • KIMS Q3 net up 76 per cent at Rs 84.2 crore

    Hyderabad: Hyderabad-based Krishna Institute of Medical Sciences Limited (KIMS Hospitals) reported a jump of 76 per cent in net profit for the third quarter ended December 31, 2021, at Rs 84.2 crore compared to Rs 47.8 crore during the corresponding period of the previous fiscal. The Q3 FY22 saw the business coming back on track […]
  • Bank of Maharashtra ranks 1 in PSU lenders chart for loans in Q3

    Hyderabad: State-owned Bank of Maharashtra (BoM) has appeared as the top performer among public sector banks in terms of loans and savings deposit development during the third quarter of the recent financial year, according to an analysis. The Pune-headquartered lender witnessed a 22.9 per cent improvement in gross advances at Rs 1,29,006 crore in the […]
  • Kone expands presence in Telangana

    Hyderabad: Kone Elevator India, a wholly owned subsidiary of Kone Corporation, as part of its efforts to strengthen its presence in Telangana has set up a customer service/experience centre in Hyderabad. The company will also be adding about 500 new jobs in Telangana in the near term. The new centre located in Kukatpally Housing Board […]
  • Paradise aims to grow 10-fold, go global

    Hyderabad: Hyderabad-based Paradise Food Court, one of the largest biryani chains in the world, is ramping up its operations and plans to go global by 2024 and expand 10-fold by opening 500 company-owned restaurants pan-India by 2026-27. The company which has 50 restaurants in 13 cities in six States of India plans to add another […]
  • WE Hub announces year-long rural incubation programme

    Hyderabad: Women entrepreneurs from rural areas of Telangana now have a chance to become part of the startup ecosystem. State-led incubator for women entrepreneurs, WE Hub has announced a first-of-its-kind year-long rural incubation programme. The incubator has called for applications for the newly launched programme and it is aimed at accelerating existing enterprises as SMEs […]
  • Airtel Xstream Premium OTT service launched in India, priced at Rs 149 per month

    Hyderabad: With an aim to provide a one-stop solution to OTT content consumers, Airtel has launched its Xstream Premium that aggregates content from 15 video apps. The platform provides a single login, single search and single subscription and is available for viewing across all types of screens. The new video streaming service is available at […]
  • Hyderabad witnesses Rs 2,695-crore worth of residential properties transacted in Jan 2022

    Hyderabad: Hyderabad witnessed Rs 2,695-crore worth of residential properties transacted in the residential market consisting of four districts – Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy. The city has recorded new home registrations of 5,568 units in January 2022. Knight Frank India data shows, the third wave of the pandemic resulted in a drop of 27 per […]
  • RBI projects India’s FY23 retail inflation at 4.5%

    Besides, inflation projection for 2021-22 is retained at 5.3 per cent, with Q4FY22 at 5.7 per cent on account of unfavourable base effects that are expected to ease subsequently.
  • Uber’s grocery delivery biz grows 10%, Q-Com big opportunity: CEO

    New Delhi: As quick commerce (Q-commerce) gains momentum, Uber’s new verticals businesses, which includes grocery, alcohol, convenience, and other non-restaurant efforts, grew nearly 10 per cent (on-quarter) in Q4 2021, reaching the best month ever in December. According to Uber CEO Dara Khosrowshahi, the ride-hailing major continues to have a strong lead in grocery and […]
  • Bosch Global Software Technologies launches centre in Hyderabad

    Hyderabad: Bosch Global Software Technologies (BGSW), a global supplier of technology and software services, launched its new centre in Hyderabad. Spread over two facilities in HITEC City, the new technology and innovation R&D centre will augment the company’s focus on automotive engineering and digital enterprise. Bosch aims to leverage Hyderabad’s thriving software ecosystem to access […]
  • Indian equities extend gains; Sensex rises over 200 pts

    At 10.25 a.m., Sensex traded at 58,669 points, up 0.4 per cent or 203 points from the previous close, Nifty traded at 17,533 points, up 0.4 per cent or 70 points from the previous close.
  • RBI maintains status quo; leaves benchmark lending rate unchanged at 4%

    This is the tenth time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained the status quo.
  • Brew Tribe coffee on wheels

    BY Gayathri Hariharan Hyderabad: Hyderabad-based start-up Bask Associates has announced its formal foray into the market through a first-of-its-kind freshly brewed coffee on the go model in the country – The Brew Tribe at the T-Hub, on Wednesday. The initiative was formally launched by IT and Industries Department Principal Secretary Jayesh Ranjan in the presence […]
  • Qwipo set to disrupt Indian retail digitally

    Hyderabad-headquartered Qwipo is a technology-enabled B2B platform in groceries and FMCG retail space addressing the bulk procurement and logistics needs of the business retailers. With an objective to transform wholesale retail in India, the company was founded in 2018 with technology-led digital intervention in the supply chain. Siva Morisetti, founder & CEO, Qwipo tells Y […]
  • Hyderabad to witness 8 mn sq ft office space leasing in 2022

    Hyderabad: Hyderabad, which has emerged as one of the top office markets in the country, is likely to witness 8 mn sq ft of office space absorption this year, comparable to the pre-pandemic leasing that the city has seen. The city is estimated to have pre-commitments of 1 mn sq ft in buildings nearing completion […]
  • Hogar Controls setting up new, larger facility in Hyderabad

    Hyderabad: Hogar Controls Inc, a global IoT firm that has chosen Hyderabad to set up its R&D & assembling unit in 2019 at Uppal is setting up a larger (1 lakh sq ft) integrated facility in Raidurg for R&D, testing and assembly. The company is constructing the facility, which is expected to go on stream […]
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