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Home  Business

Business

Paradise aims to grow 10-fold, go global

Paradise aims to grow 10-fold, go global

  • 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 […]
  • FRL-Reliance merger: SC notice to Future group on plea of Amazon

    A bench comprising Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli issued notices to the Future group firms and listed the plea for hearing on February 23.
  • Equity indices open in green, Sensex up by 504 points

    The 30-scrip BSE Sensex was up by 503.79 points or 0.87 per cent at 58312.37 at 9.30 am.
  • Grip Invest aiming for Rs 1,000-crore AUM by 2022-end

    Hyderabad: Grip Invest is an investment marketplace that provides retail investors with options to co-invest and have partial ownership in physical assets that generate lease income. The company provides a lease finance platform where investors can purchase and lease assets to companies, providing them an additional investment tool while enabling companies to grow faster by […]
  • Bosch Global Software Technologies to set up its operations in Hyderabad

    Hyderabad: Continuing with its efforts to get big players to set up their operations in Telangana, the State government has succeeded in getting German MNC Bosch Global Software Technologies to set up its operations in Hyderabad. The proposed facility, which will also focus on research and development, will provide employment to about 3,000 people, Industries […]
  • Granules Q3 net profit dips 31%

    Hyderabad: Hyderabad-based Granules India reported a 31.3 per cent decline in its net profit for the third quarter ended December 2021. The company’s profit stood at Rs 101 crore compared to Rs 147 crore reported during the corresponding period of the previous year. The dip in profit is driven by reduction in gross margin and […]
  • Hyderabad-based NCC Q3 net up at Rs 76.42 crore

    Hyderabad: Hyderabad-based NCC Limited (NCCL) reported an increase in net profit for the third quarter ended 31 December 2021 at Rs 76.42 crore as against Rs 71.20 crore reported during the corresponding quarter of the previous fiscal year. The company’s total income on consolidated basis stood at Rs 3,032.84 crore (including other income) for the […]
  • Hyderabad startup secures seed round from Octave Ventures, others

    Hyderabad: TRST01 (TrayamBhu Tech Solutions), a provider of blockchain solutions, raised an undisclosed seed round from US-based Octave Ventures and others. The funds will be invested in developing blockchain products on climate tech covering ESG, carbon credit, and tokenisation carbon assets, as well as expand business operations in the USA and other emerging markets. Apart […]
  • Global fintech investment tops $210 bn in 2021, India shines

    New Delhi: Total global fintech funding (across mergers & acquisitions, private equity and venture capital) reached $210 billion with a record 5,684 deals in 2021 — up from $125 billion across 3,674 deals in 2020, a new report showed on Tuesday. India once again shined on the global map, with four out of top 10 […]
  • Gautam Adani becomes Asia’s richest person

    New Delhi: The Indian coal mining tycoon Gautam Adani has become Asia’s richest person thanks to a push into green energy that has boosted his fortune to $88.5bn, The Guardian reported. Adani has overtaken fellow countryman Mukesh Ambani to enter the top 10 of the world’s richest people, according to figures from Forbes and Bloomberg, […]
  • Safexpress sets up logistics park in Hyderabad

    Hyderabad: Safexpress, a supply chain & logistics company, has launched its ultra-modern logistics park in Hyderabad. The facility is strategically located on Nagpur-Hyderabad NH – 44 and marks the 68th such park set up by the company in India. The facility will serve as a nodal point for logistics and provide transitional connectivity with all […]
  • Hyderabad startup launches brewed coffee-on-the-go

    Hyderabad: Hyderabad based startup Bask Associates introduced a first-of-its-kind freshly brewed coffee-on-the-go model in the country- The Brew Tribe at T-Hub on Monday. Jayesh Ranjan, principal secretary, I & C and IT, Government of Telangana formally launched The Brew Tribe. Also present were T Muralidharan, chairman, FICCI, Telangana State & TMI Group; Sanjana Shah, ED, […]
  • IIIT Hyderabad, Arka Media Works launches MediaTech Startup Accelerator

    Hyderabad: After running multiple successful accelerator programs in the DeepTech and MedTech spaces and supporting over 380+ startups, The Centre for Innovation and Entrepreneurship (CIE) at IIIT Hyderabad along with Arka Media Works, the new age production house which produced movies like Bahubali have launched the Media-Tech Accelerator. The accelerator programs are designed to discover, […]
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