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Home  Business

Business

Sensex rises over 250 pts in early trade; Nifty tops 17,900

Sensex rises over 250 pts in early trade; Nifty tops 17,900

  • Union Bank of India’s net profit jumps 195.42%

    Hyderabad: Union Bank of India on Tuesday reported a 195.42 per cent jump in its net profit to Rs 1,526 crore for the September 2021 quarter, as against Rs 517 crore in the corresponding quarter last year. The bank’s core net interest income grew 8.52 per cent to Rs 6,829 crore as against Rs 6,293 […]
  • Practically crosses 1 million downloads

    Hyderabad: Hyderabad-based Practically, an experiential app designed for students in classes 6th to 12th grade with a focus on STEM learning has crossed one million downloads, showcasing a growth trajectory. Practically offers immersive content and learning experiences through its features such as industry-first scan anything, 3D visual content, life-like simulations, augmented reality modules, seek help, […]
  • Apple’s 2022 mixed reality headset to support Wi-Fi 6E: Report

    According to Apple analyst Ming-Chi Kuo, the adoption of the latest Wi-Fi specification is a basic requirement for head-mounted displays (HMDs) to improve the wireless experience. New HMDs from Meta
  • Urbanrise launches luxury residential project in Hyderabad

    Hyderabad: Urbanrise has commenced its latest luxury project-The Happening Heights. Located at Bachupally extension, just a few minutes from Bachupally, this luxury project is a premium integrated gated community. With 855 units, a blend of 2BHK and 3BHK apartments, ranging from 1,172 sq ft to 1,192 sq ft, the project claims to offer 50 amenities. […]
  • ‘Asset monetisation has multiplier effect on economy’

    The government’s National Monetisation Pipeline aims to liquidate already developed yet underutilised public sector assets to raise Rs 6 lakh crore over four years. It is further aimed at helping create a sustained fund pipeline for the infrastructure sector to create structured contractual partnerships between the private and public sectors. Preetham Mehra, ED & head […]
  • ETO Motors plans to set up second manufacturing unit in Hyderabad

    Hyderabad: Hyderabad-based ETO Motors, which manufactures electric three-wheelers under the brand Bulke Plus and passenger vehicles under the brand Trilux, has drawn up plans to set up a second manufacturing unit in the city. The company already has one manufacturing unit with a capacity to make about 600 units per month. It had announced an […]
  • NCC bags orders worth Rs 442 crore in October

    Hyderabad: Hyderabad-based NCC said it has received one new order for Rs 442 crore (exclusive of GST) in the month of October, 2021. This order pertains to the Mining Division and is received from a State government agency and does not include any internal order, the company said in a statement. NCC had received one […]
  • Hyderabad emerges as world’s most competitive cluster for life sciences R&D: fDi Benchmark

    Hyderabad: Hyderabad is the world’s most competitive cluster for life sciences research and development (R&D) functions, according to fDi Benchmark data, followed by other Indian cities Noida and Chennai.  The model benchmarks the largest destinations globally for foreign direct investment (FDI) into life sciences R&D operations, according to each location’s quality and cost competitiveness. The […]
  • 10-minute grocery delivery app Zepto raises $60 million

    Septo said that with its network of ‘cloud stores' or micro-warehouses, it is able to consistently deliver in 10 minutes through a combination of technical and operational excellence.
  • Microsoft buys Two Hat to collaborate on online safety, digital wellness solutions

    The company said that globally, growing amounts of harmful content shared online have increased the need for effective and proactive content moderation.
  • Plug and Play to set up its India centre in Hyderabad

    The executives from Plug And Play have announced that they will be officially launching the centre in Hyderabad in the first week of December and Plug And Play Founder and CEO Saeed Amidi will attend the launch.
  • Tesla recalls over 2,750 Model 3, Model Y vehicles over separating suspensions

    The affected vehicles are 2019, 2020 and 2021 versions of the Model 3 and 2020 and 2021 editions of the Model Y, Engadget reported.
  • Gold prices expected to reach Rs 52-53k mark in next 12 months: MOFS

    In 2021, prices of the precious metal have been trading between Rs 47,000 and 49,000 mark per 10 grams.
  • Google unable to meet Pixel 6 Pro demand: Report

    According to GizmoChina, a new banner has now been put into place atop the Pixel 6 Pro page on the Google Store website.
  • Multi-million dollar opportunities ahead for Telangana: CBRE official

    Hyderabad: Telangana has several multi-million dollar opportunities in future due to the massive amount of land base, growing real estate sector, established transport infrastructure, and growth of IT and industrial clusters in and around Hyderabad, according to CBRE, which is actively participating in the State government’s land monetisation efforts. The Public-Private Partnership (PPP model) has […]
  • Dr Reddy’s hopes to submit Sputnik V Light trial data to DCGI next month

    Hyderabad: Hyderabad-based pharmaceutical company Dr Reddy’s on Friday said it hopes to submit phase 3 trial data of Sputnik V Light, the single dose vaccine, to the Drugs Controller General of India (DCGI) next month. The company is also starting trials on children in two cohorts involving children of the age groups of 2-12 years […]
  • Dr Reddy’s Q2 net profit up 30%

    Hyderabad: Hyderabad-based Dr Reddy’s Laboratories reported a consolidated profit after tax (PAT) of Rs 992 crore for the quarter, up 30 per cent from Rs 762 crore reported in the corresponding quarter last year. The company’s revenues saw a 18 per cent jump at Rs 5,763 crore for the quarter, as against Rs 4,897 crore […]
  • Jiophone Next to be available from Diwali for Rs 6,499

    New Delhi: Jiophone Next will be available from Diwali for Rs 6,499 per unit for customers wanting to buy the smartphone without financing option, Jio and Google said in a joint statement on Friday.Jio is also giving a finance option for the Jiophone Next where users can make an upfront payment of Rs 1,999 and […]
  • HomeFirst lending Rs 240 cr annually in Telangana for affordable housing

    In Telangana, we are present in Hyderabad and Warangal and financing about Rs 240 crore every year.
  • Nikon launches new full-frame mirrorless camera in India

    New Delhi: Japanese imaging giant Nikon on Friday launched a full-frame (Nikon FX-format) Z series mirrorless camera Nikon Z 9 in the Indian market. The new Z 9 body only will be available for sale across Nikon Authorized Store in India starting end of November 2021 at Rs 4,75,995. According to the company, the ‘Z 9’ […]
  • Amazon shares fall as labour, supply issues mar quarterly results

    In a statement, Amazon CEO Andy Jassy said that in the fourth quarter (Q4), the company expects to "incur several billion dollars of additional costs in its consumer business".
  • Apple doubles India market share in 2021: Tim Cook

    "During fiscal 2021, we earned nearly one-third of our revenue from emerging markets and doubled our business in India and Vietnam," he added.
  • Sensex plunges over 700 pts in early trade; Nifty sinks below 17,700

    The 30-share index was trading 704.22 points or 1.17 per cent lower at 59,280.48 in initial deals. Similarly, the Nifty fell 181.70 points or 1.02 per cent to 17,675.55.
  • Hinduja Group company Nxtdigital launches 40 Nxthubs across India

    Hyderabad: Nxtdigital, the media and communications company of the Hinduja Group, and an integrated digital distribution company offering digital cable, Headend-In-The-Sky, broadband, content and teleshopping launched 40 Nxthubs across India. It also unveiled a Value-Added App for its Last Mile Owners (LMOs). Following on the launch of its pilot in Ranchi, these Nxthubs were electronically […]
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