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Home  Business

Business

BDL and Tawazun Economic Council, UAE exchange MoU to explore new business opportunities

BDL and Tawazun Economic Council, UAE exchange MoU to explore new business opportunities

  • Amazon, SUN Mobility to expand deployment of EVs with battery swapping tech

    New Delhi: Amazon India and SUN Mobility on Thursday announced that they are working together to expand the deployment of EVs integrated with battery swapping technology for its transportation and logistics services. These EVs will contribute to Amazon India’s commitment of adding 10,000 electric vehicles in its India delivery fleet by 2025, announced in 2020. […]
  • Equity indices open in green, Sensex up by 17 points

    At 9:25 am, the BSE Sensex was up by 16.66 points or 0.03 per cent at 58,700.65.
  • 9th fuel price spike in 10 days, petrol, diesel dearer by Rs 6.40 a litre

    New Delhi: Fuel prices continue to rise with petrol and diesel rates rising by another 80 paise per litre each on Thursday, netting an increase of about Rs 6.40 a litre in nine revisions in 10 days so far. In the national capital, petrol now costs Rs 101.81 per litre, while diesel is selling at […]
  • Keep a tab on income and spends, I-T department’s AIS will collect these details

    Hyderabad: The new financial year has arrived. While one has time for tax related planning, it will be prudent to develop a habit of keeping a tab on the income and the spending. The Income Tax department last year introduced an Annual Information Statement (AIS) that captures various transactions. Currently, Form 26AS displays TDS/TCS transactions […]
  • Honda Power Products unveils marine outboard motors

    The company is also looking to capture 10 per cent of the market in the next three years in the 4-stroke engine segment and these motors are priced between Rs 1.8 lakh for 6 hp and Rs 23 lakh for 250 hp.
  • Rising construction costs put developers in a spot

    Hyderabad: The construction costs are on an upward spiral due to higher inputs costs due to supply constraints. The rising fuel costs too are increasing the landing costs of materials like the bricks, sand, cement and tiles among others. Further, the increase in prices of copper and aluminum too are impacting the prices of the […]
  • Motorola becomes third largest smartphone brand in US for 1st time

    New Delhi: Motorola has emerged as the third largest smartphone brand in the US for 2021 for the first time, as it gained from LGs decline. According to Counterpoint Research, this is the first time ever that Motorola, with over 10 per cent market share, has become the third original equipment manufacturer (OEM) in the […]
  • Equity indices open in green, Sensex jumps 440 points

    Mumbai: Equity benchmark indices opened in the green on Wednesday with Sensex up by 440.34 points and Nifty up by 117.30 points. At 9:51 am, the BSE Sensex was up by 440.34 points or 0.76 per cent at 58,383.99. BSE Limited, also known as the Bombay Stock Exchange, is the oldest stock exchange in Asia, […]
  • Petrol prices go up again, costs Rs.114.52 in Hyderabad on Wednesday

    Hyderabad: Petrol and diesel prices were on Wednesday hiked by 91 paise a litre each, taking the total increase in rates in the last nine days to Rs 5.60 per litre. The price of diesel in the city went up by 87 paise per litre on Wednesday. Rates have been increased across the country and […]
  • Petrol, diesel prices hiked by 80 paise; total increase now stands at Rs 5.60

    New Delhi: Petrol and diesel prices were on Wednesday hiked by 80 paise a litre each, taking the total increase in rates in the last nine days to Rs 5.60 per litre. Petrol in Delhi will now cost Rs 101.01 per litre as against Rs 100.21 previously while diesel rates have gone up from Rs […]
  • Telangana’s GRID Policy to drive growth for office markets

    Hyderabad: Hyderabad IT sector that was earlier confined to just the Western corridor is expanding to other areas. From a dedicated IT Tower at Kompally to Genpact and Ramky Estates announcing development of 14 acres of land in Uppal, the northern and eastern corridors are seeing the much-needed growth in Hyderabad. All of this is […]
  • SLBC Meet: Banks in Telangana have deposits of Rs 6.03 lakh crore

    Hyderabad: The total deposits in banks in Telangana touched Rs 6.03 lakh crore as of December 31, 2021. The advances grew by Rs 25,889 crores (or about 3.81 per cent) during the December quarter to touch Rs 7.06 lakh crore. The credit-deposit ration increased from 110.1 per cent to 117 per cent as of December […]
  • SuperK raises $5.5 million in pre-series A round

    Hyderabad: SuperK, a tech-enabled grocery retail chain for small towns, has raised $5.5 million (about Rs 41.2 crore) in its pre-series A round. The round was led by venture capital investment firm 021 Capital with participation from other investors. SuperK plans to use this for expansion, enhancing technology and supply chain infrastructure.Poor sourcing and lack […]
  • T-Fund invests Rs 1.5 crore in three startups

    Hyderabad: Innovation hub and ecosystem enabler T-Hub said it has disbursed Rs 1.5 crore to three startups through the T-Fund. Among the selected startups, Perspect.Ai received Rs 1 crore while Millet Bowl and Lauriko received Rs 25 lakh each. T-Fund was set up by the Telangana government under its State Innovation Policy. T-Fund is a […]
  • Hyderabad: Suzuki Motorcycle opens new showroom in Vanasthalipuram

    Hyderabad: Suzuki Motorcycle India Pvt Ltd (SMIPL) two-wheelers authorized dealers Padmaja Suzuki inaugurated their new showroom in Vanasthalipuram. It was opened by SMIPL EVP (Sales and Marketing) Devashish Honda and the service centre was opened by SMIPL Zonal Manager (Sales) Pramod Kumar Pandey. The first delivery of the vehicle was done by Varun Group chairman […]
  • Aurobindo Pharma acquires domestic formulations business of Veritaz Healthcare

    Hyderabad: Aurobindo Pharma said on Monday that it has acquired the domestic formulation business of Veritaz Healthcare on a slump sale basis. The transaction was agreed at a consideration of Rs 171 crore on a debt-free cash-free basis. The transaction comes into effect from April 1 and is expected to close by May 2022. This […]
  • PVR, INOX Leisure shares surge on merger announcement

    At 1.28 p.m. on Monday, the shares of PVR traded at Rs 1,875, up 3 per cent, whereas INOX Leisure at Rs 519, up over 10 per cent.
  • Writing off does not mean waiving off amount: Sitharaman

    The Finance Minister informed the House that as part of the accounting process, banks make a provision for the money which is due from the NPA account and in that process we call it as the writing off.
  • iPhone 14 Pro to feature larger camera bump due to new 48MP sensor

    According to reputable Apple analyst Ming-Chi Kuo, the main reason for the larger and more prominent camera bump is due to upgrading the rear camera to 48MP, reports MacRumors.
  • Sensex drops over 130 pts in early trade; Nifty tests 17,000

    The 30-share BSE barometer was trading 138.56 points lower at 57,223.64 in opening trade. Similarly, the broader NSE Nifty dipped 43.55 points to 17,109.45.
  • Petrol price hiked 30 paise, diesel up 35 paise

    Petrol in Delhi will now cost Rs 99.41 per litre as against Rs 99.11 previously while diesel rates have gone up from Rs 90.42 per litre to Rs 90.77, according to a price notification of state fuel retailers.
  • Banks on 2-day nationwide strike from Monday

    New Delhi: The banks will observe a nationwide strike on Monday (March 28) and Tuesday (March 29) to protest against the Banking Laws (Amendment) Bill, 2021, and oppose the privatisation of public sector banks. The decision to go on a strike was taken by a joint forum of central trade unions. The All India Bank […]
  • Pixel 6 latest update has turned down notification vibrations

    According to The Verge, as Google tweaks the version of Android it distributes to phones running its custom Tensor chip.
  • Tesla begins inviting 15k guests to ‘Cyber Rodeo’ at Gigafactory Texas

    According to Teslarati, Tesla announced it would hold an event to commemorate the opening of its newest production facility and second in the US, Gigafactory Texas.
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