Business

Mumbai: Equity benchmarks fell sharply on Thursday in line with an extremely weak trend in the global markets, with the Sensex plunging 1,154.78 points in early trade. Persistent foreign fund outflows and a spurt in crude oil prices also dampened sentiment. The 30-share BSE benchmark was trading 1,154.78 points lower at 53,053.75. The broader NSE […]

New Delhi: Domestic cooking gas LPG price was on Thursday hiked by Rs 3.50 per cylinder, the second increase in rates this month. Non-subsidised LPG now costs Rs 1,003 per 14.2-kg cylinder in the national capital, according to a price notification of state fuel retailers. The hike comes on the back of a Rs 50 […]

Mumbai: The rupee depreciated 6 paise to 77.50 against the US dollar in the opening trade on Wednesday as a surging American currency in the overseas markets and persistent foreign fund outflows weighed on investor sentiment. Besides, rising global crude prices impacted the domestic unit, forex traders said. However, a higher opening in the domestic […]

Hyderabad: Hyderabad startups are making waves in different segments and now the Cannes Film Festival is the new arena where a city-born startup is all set to make its presence felt. After becoming the first startup to organise a virtual concert night by Daler Mehndi, Hyderabad-based Gamitronics is one of the startups that has been […]

Hyderabad: Insurance technology company Sureify has about 300 employees and 220 employees of them are in Hyderabad. The company wants to ensure that Hyderabad always has two-thirds of its total workforce and has plans to recruit about 1,000 in three years, its founder Dustin Yoder tells Telangana Today. Hyderabad operations Today, we opened a new […]

Hyderabad: Hyderabad headquartered datacenter solution provider CtrlS on Tuesday announced the appointment of new president and chief business officer (CBO). Royce Thomas, an industry veteran and a senior leader from the global data center, cloud technology and telecommunications industry has joined CtrlS as president and chief business officer. Thomas comes with over 30 years of […]

Hyderabad: City-based Quixy, a technology platform that allows businesses to automate workflows and processes, plans to double its workforce to 300 from the current 150 this financial year, said N Gautam, founder and CEO, Quixy. The company allows users a drag-and-drop option for automation. It offers pre-built solutions for use in cases such as CRM, […]

The tech firm to add 2,000 employees in Hyd in next two years

New Delhi: The government has announced some relaxation to its recent order on restrictions of wheat exports. It has now decided that wherever wheat consignments have been handed over to Customs for examination and have been registered into their systems on or prior to May 13, such consignments would be allowed to be exported. The […]

Mumbai: The Indian stock markets’ key indices, Sensex and Nifty, jumped by nearly two per cent on Tuesday led by strong buying support in metal, energy and banking stocks. The 30 stock S&P BSE Sensex was trading 930.62 points or 1.76 per cent higher at 53,904.46 points at 12.44 pm, against its previous day’s close […]

Hong Kong/Sydney: Wheat prices increased after India imposed a ban on exports, stoking pressure on food costs as tight global supplies roiled international markets. Futures traded in Chicago rose as much as 5.9 per cent to $12.47 a bushel, their highest level in two months, Financial Times reported. Wheat prices have risen more than 60 […]

New Delhi: The country’s largest insurer LIC on Tuesday listed its shares at a discount of 8.11 per cent at Rs 872 per share on the NSE. On the BSE, the shares got listed at Rs 867.20 apiece, down 8.62 per cent over the issue price of Rs 949 a share. LIC had fixed the […]

Mumbai: The rupee depreciated 14 paise to 77.69 against the US dollar in the opening trade on Tuesday tracking persistent foreign fund outflows and elevated global crude oil prices. However, a firm trend in domestic equities capped the losses in the domestic unit, forex traders said. At the interbank foreign exchange, the rupee opened weak […]

Hyderabad: Biological E. Limited (BE), a Hyderabad-based vaccine and pharmaceutical company, has announced reduction in the price of its COVID-19 Vaccine Corbevax from Rs. 840 to Rs.250 a dose inclusive of GST, for Private COVID-19 vaccination centres. For the end user, the price would be Rs 400 a dose, including taxes and administration charges. The […]

Hyderabad: Industries and IT Minister KT Rama Rao inaugurated the offices of real consultancy Colliers and insurance technology company Sureify Labs at My Home Twitza at Raidurg near Hitec City. Speaking on the occasion, he said Hyderabad has been growing in IT as well as in lifesciences, banking and finance, aerospace and defence, and other […]

Ahmedabad: The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd’s entire stake in two of Indias leading cement companies -Ambuja Cements Ltd and ACC Ltd. Holcim, through its subsidiaries, holds 63.19 per cent in Ambuja Cements and 54.53 per cent […]

New Delhi: India’s petrol and diesel consumption jumped in May as pick up in the economic activity as well as the start of the harvesting season aided the return of demand, a preliminary industry data showed on Monday. Petrol sales grew 14 per cent during the first half of May when compared with the same […]

New Delhi: Adani Group’s unit AMG Media Networks will buy a 49 per cent stake in Raghav Bahl-run digital business news platform Quintillion Business Media for an undisclosed sum, a regulatory filing to the exchanges said. The Adani Group company Adani Enterprises forayed into the media business by acquiring an unspecified minority stake in Quintillion […]

Mumbai: The Sensex jumped nearly 274 points in early trade on Monday, tracking significant gains in US markets and buying in index majors Reliance Industries and HDFC. The 30-share BSE benchmark was trading 273.74 points higher at 53,067.36 in early deals. The broader NSE Nifty gained 91.1 points to 15,873.25. Among the Sensex firms, Tata […]

Bengaluru: A team of Indian researchers has earned a patent for modifying industrial sewing machines used by the garment industry that can now be used by people with special needs, especially those with lower-limb disabilities. It is estimated that among the differently-abled in the country, nearly 20 million are either without a lower limb or […]

New Delhi: India has banned wheat exports with immediate effect as part of measures to control rising domestic prices, according to official notification. However, the export shipments for which irrevocable letters of credit (LoC) have been issued on or before the date of this notification will be allowed, the Directorate General of Foreign Trade (DGFT) […]

New York: Elon Musk, still the world’s richest man, is poorer by nearly $39 billion since he spoke of buying out Twitter. Irony. At $231 billion of worth on the Forbes Real Time Billionaires Index at close of play on Friday, only part of Musk’s losses are because of his still single-digit ownership of Twitter. Most […]

Hyderabad: If choosing the right mattress is a difficult task, then maintaining its longevity is also important. In order to increase the shelf life of a mattress, a mattress topper is your best bet. The mattress topper can be a life-changer for many, especially for pet owners and new parents. These have become essential bedding […]

Washington: Twitter shares tumbled around 20 per cent in the pre-market trading on Friday after billionaire Elon Musk declared that the $44 billion takeover bid of the micro-blogging site is on hold. Musk tweeted that the takeover of Twitter Inc is temporarily on hold due to the calculation of fake accounts in it. “Twitter deal […]