Business

New Delhi: Mid-sized motorcycle maker Royal Enfield on Monday said it is recalling 26,300 units of its Classic 350 motorcycles to rectify issue with a brake part. In a statement, the company said its technical team has discovered a potential issue in one of the parts – the brake reaction bracket attached to the motorcycle […]

Mumbai: Equity benchmark Sensex plummeted over 1,000 points in early trade on Monday, tracking across-the-board losses amid a selloff in global markets as concerns over rising Omicron cases spooked investors. Persistent foreign fund outflow too weighed on investor sentiment. The 30-share index slumped 1,028.61 points or 1.80 per cent to 55,983.13 in the opening trade. […]

New Delhi: Foreign portfolio investors (FPIs) have pulled out Rs 17,696 crore from the Indian markets in December so far amid uncertainty due to a new coronavirus strain, Omicron, and expectations of faster tapering by the US Federal Reserve. According to the depositories data, FPIs took out Rs 13,470 crore from equities, Rs 4,066 crore […]

Hyderabad:  Internet usage has seen a steep increase over the last year. Due to Covid-19 much of the productivity work was done from home and all credit goes to the World Wide Web which helped in communicating messages and making the working process easy with the click of a button from homes. At the same […]

Hyderabad: Cotelligent, a TechDemocracy company, has set up a new Centre of Excellence (CoE) for cyber security in Hyderabad. The facility will play a key role in assisting businesses in managing cyber threats, meeting compliance requirements, as well as serving as a hub for global cyber security innovation. Alex Lam, Chief Strategy & Business Development […]

Hyderabad: Union Bank of India organised a mega MSME credit camp at Hyderabad as part of its ongoing nationwide MSME Festive Bonanza Campaign. Nitesh Ranjan, ED, Union Bank of India flagged off the mega camp. During this special camp day, Hyderabad Zone has mobilised over 400 new business accounts amounting to Rs 1,600 crore. The […]

The Delhi lab is NABL and ICMR certified and is equipped with state-of-art technology to provide services including Covid-19 tests (RT-PCR & antibody tests), blood tests and imaging, genomic tests and genetic counseling.

Chennai: TI Cycles of India (TII), part of the Murugappa Group, announced Montra brand to lead its Electric Vehicle (EVs) business. Montra, an existing brand under TII has stood for achievement, strength, fearlessness and an ambitious spirit. With the rapidly evolving mobility landscape, the brand too is evolving while retaining its values. To begin with […]

Hyderabad: Hyderabad-based Pennar Group, an engineering products and solutions company, has bagged orders worth Rs 582 crore across its various business verticals during the months of October and November 2021. The pre-engineered building vertical received orders for construction of manufacturing facilities, warehouses, solar P V modules, structural steel, from customers such as Ultratech Cement, Shri […]

Hyderabad: The Telangana Blockchain District, anchored by the Telangana government and Crypto unicorn CoinSwitch Kuber, on Friday launched the India Blockchain Accelerator. The four-month accelerator is part of the efforts of the State to make Telangana the ‘Blockchain Capital of the World’. Telangana will provide the required regulatory framework to enable and promote blockchain growth. […]

New Delhi: The Competition Commission of India (CCI) on Friday slapped Rs 202 crore penalty on Amazon for providing false information and suppressing material particulars in the deal to acquire a stake in Future Coupons Private Ltd (FPCL). The competition watchdog has also suspended the deal. In 2019, the US-headquartered e-commerce giant Amazon announced the […]

Hyderabad: Telangana government is aiming to make the State a hub for cyber security services and cyber warriors for the country and to enable this, a cyber legislation is being drafted, which is the first such effort by any State in India. Speaking at the inauguration of Cotelligent’s Cyber Warrior Centre of Excellence at Hyderabad […]

Hyderabad: After securing his dream job at 22, Srinath Rao was clear that he will work till 27 and get married only when he buys a house. He has been living in a rented apartment that is closer to his office and finds it quite convenient in terms of commute. He also does not have […]

New Delhi: After it was badly battered by pandemic-led lockdowns, the ease in restrictions and subsequent economic recovery has boosted the volumes of the domestic real estate sector, say industry insiders and analysts. The trend is expected to continue during the upcoming year, they say, adding that the sector’s current volumes have almost reached the […]

New Delhi: Telecom operator Bharti Airtel on Friday said it has paid Rs 15,519 crore to the government towards prepayment of its entire deferred liability pertaining to spectrum acquired in the 2014 auction. The company had acquired 128.4 MHz spectrum (including Telenor spectrum) for a consideration of Rs 19,051 crore in the 2014 auction, Airtel […]

Hyderabad: Cotelligent, a TechDemocracy company, has set up a new Centre of Excellence (CoE) for Cybersecurity at Skyview, Hyderabad. The CoE will serve as the engineering and remote delivery hub of operations for TechDemocracy. The facility is spread in about 20,000 sq ft area with a capacity to house over 500 employees and staff. Cotelligent […]

Hosur: TVS Motor Company, a two-wheeler and three-wheeler manufacturer, has announced the launch of Marvel Spider-Man and Thor inspired scooters under the TVS NTORQ 125 SuperSquad Edition. The new scooters will join the SuperSquad Edition inspired by Marvel Super Heroes – Iron Man, Black Panther, and Captain America launched last year. The Company has been […]

New Delhi: Country’s largest lender State Bank of India (SBI) has increased benchmark lending rate or base rate by 0.1 per cent, a move that may be followed by other lenders. With the increase the revised base rate is 7.55 per cent, as per the information posted on SBI’s website. The new rate is effective […]

Hyderabad: Awfis, a coworking space provider, as part of its strategic association with real estate company Prestige Group, has set up a coworking centre at Begumpet in Hyderabad, further strengthening the coworking space ecosystem in the city. The partners further plan to launch 12 new state-of-the art centres in southern and western India, in a […]

Hyderabad: Despite the pandemic, the IT sector in Telangana has recorded double digit growth and maintained the growth rate ahead of the same with respect to the national figures, said Software Technology Parks of India (STPI) Hyderabad Director CVD Ram Prasad. Speaking at the ‘Annual Innovation Summit and Awards 2021’, organised by industry body Hyderabad […]

Hyderabad: The Republic of Vietnam will receive two lakh doses of Bharat Biotech’s Covaxin. This donation represents a goodwill gesture to provide access to the company’s WHO approved, indigenously developed Covaxin to fight the Covid-19 pandemic across borders. Covaxin has received emergency use listing in Vietnam. Suchitra Ella, joint managing director of Bharat Biotech, revealed this at […]

Hyderabad: The efforts of Telangana Government to spread IT to Tier II and III cities got a shot in the arm with global IT major Genpact announcing to set up of their technology centre in Warangal. The announcement was made by the Genpact leadership after a meeting with IT and Industries Minister KT Rama Rao […]

Hyderabad: The Indian School of Business (ISB) signed a knowledge partnership agreement with the Capacity Building Commission (CBC). As part of this agreement, ISB will work with the CBC as a training and content partner.   Professor Madan Pillutla, dean of Indian School of Business and Hemang Jani, secretary, Capacity Building Commission, signed the agreement. […]

Hyderabad: Close on the heels of securing DCGI’s approval for Canreal injection (generic version of Cangrelor) in India, Hyderabad-based MSN Laboratories, received tentative approval for generic version of Cangrelor from the USFDA. Cangrelor is an intravenously administered antiplatelet drug that is used at the time of cardiac surgery or percutaneous coronary intervention to decrease the […]