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Home  Business

Business

JetSetGo eyes expansion, sees Hyderabad as its main hub

JetSetGo eyes expansion, sees Hyderabad as its main hub

  • Maruti Suzuki Board appoints Hisashi Takeuchi as MD & CEO

    New Delhi: Automobile major Maruti Suzuki’s Board on Thursday appointed Hisashi Takeuchi as the Managing Director and Chief Executive Officer of the company with effect from April 1. The new appointment is consequent to the completion of the incumbent Kenichi Ayukawa’s term on March 31, 2022. Besides, the company said that in order to facilitate […]
  • Bolt installs 10k EV charging points in India

    New Delhi: EV infrastructure provider Bolt on Thursday announced that it has installed 10,000 EV charging stations in India in six months. Bolt is on track to deploy 1,00,000 charging points in the next six months by catering to demand coming from non-metro cities such as Jaipur, Nagpur, Nashik, Chandigarh, Surat, Ahmedabad, Lucknow, Bhubaneswar, Vijayawada, […]
  • India requires 2,210 aircraft over next 20 years, says Airbus

    Hyderabad: India will require 2,210 new aircraft over the next two decades including 1,770 small and 440 medium and large aircraft, according to Airbus’ latest India market forecast. Over the next decade, Indian economy will grow the fastest among the G20 nations. The growing middle class will spend more on air travel. As a result, […]
  • iPhone SE 3 teardown reveals Snapdragon X57 modem, 2018mAh battery

    The teardown via PBKreviews (via MacRumors) reveals the new iPhone SE has a larger 2018 mAh battery, versus the 1,821 mAh battery of its predecessor.
  • Fishin announces Rs.1000 crore investment in Telangana

    The company will be setting up the project near Mid Manair reservoir, Rajanna Sircilla district.
  • Arizona-based Confluent Medical announces entry into Hyderabad

    For the first time in India, the company would be introducing high-end technology for manufacturing of Nitinol products.
  • Equity indices open on negative note; Sensex declines nearly 300 pts

    At 9.24 a.m., Sensex was 0.5 per cent or 289 points down at 57,395 points, whereas Nifty was 0.4 per cent or 74 points down at 17,172 points.
  • Hyderabad-based health tech startup raises funds 

    Hyderabad: Hyderabad-based health tech startup GenepoweRx that generates genetic reports based on an individual genetic makeup and suggests the medical solutions has announced fund raise. In a release on Wednesday, the startup informed that it has raised $500,000 (approximately Rs 3.79 crore) from Dr Vinayendra Tulla, serial entrepreneur and angel investor. They also have research […]
  • Sony PlayStation 5 to go on pre-orders in India on Thursday

    It will be available for purchase through Amazon, Flipkart, ShopatSC, Reliance Digital, PrepaidGamerCard, Vijay Sales, GamesTheShop, and more, reports GizmoChina.
  • Fortune Group to invest Rs 75 crore in Telangana

    Hyderabad: City-based Fortune Group has plans to invest about Rs 75 crore for the second phase of its paint manufacturing capacity. The company is now manufacturing luxury finishes at its plant near Patencheru. It was set up in collaboration with Italian company Rialto. Currently, it has a capacity to make one lakh metric tonne of […]
  • Equity indices extend gains; Sensex up over 200 pts

    At 9.55 a.m., Sensex was 0.4 per cent or 216 points up at 58,206 points, whereas Nifty 0.5 per cent or 61 points up at 17,377 points.
  • IndiGo leads in on-time-performance at four metro airports

    New Delhi: IndiGo had the best on-time performance (OTP) of 95.4 per cent at four metro airports in February, while Go First secured the number two position with 94.1 per cent in the same month, according to data released by aviation regulator DGCA. Bengaluru, Delhi, Hyderabad and Mumbai were the four airports where Indigo had […]
  • Fisker Inc to set up IT Development Centre in Hyderabad

    Hyderabad: Fisker Inc, an American electric vehicle company, choose Hyderabad to set up their IT Development Centre in Hyderabad. It will initially have an headcount of 300 IT professionals. The announcement came after Industries and IT Minister KT Rama Rao met with Fisker Inc Chairman and Chief Executive Officer Henrik Fisker and Chief Financial Officer […]
  • Callaway Golf to set up DigiTech Centre in Hyderabad

    Hyderabad: In yet another major investment announcement, Callaway Golf, the world’s leading golf brand, said it will set up a DigiTech Centre in Hyderabad. The announcement was made during the meeting of company’s top management team with Industries and IT Minister KT Rama Rao at San Diego. Rama Rao is in the US with a […]
  • Hyderabad: CtrlS ceremonial groundbreaking kicks-off construction of its third data center

    Hyderabad: CtrlS – Asia’s largest rated-4 hyperscale data center has performed a ceremonial groundbreaking ceremony kicking-off construction of its third hyperscale data center in Gachibowli, Hyderabad. The data center will be spread across 131,000 square feet equipped with 1,600 racks powered by 18MW of electricity. The groundbreaking ceremony was attended by its customers, partners, employees, […]
  • Check out the new petrol and diesel prices in Hyderabad

    Hyderabad: The key auto fuel prices in India have not changed in over four months despite a spike in the global crude oil prices amid the fallout of the Russia- Ukraine conflict. The OMCs generally revise rates of petrol and diesel on a daily basis. The price of petrol in Hyderabad stands at Rs 108.20 […]
  • CtrlS to construct its third data centre in Hyderabad

    Hyderabad: Adding to the slew of data centres that are being set up in Hyderabad, another city-based company is all set to unveil its third hyperscale data centre and the groundbreaking ceremony for the same was held here on Monday. CtrlS – Asia’s largest rated-4 hyperscale data center performed a ceremonial groundbreaking ceremony kicking-off construction […]
  • Equity indices open in red, Sensex plunges by 56 points

    Mumbai: Equity indices opened in red on Monday with Sensex plunged by 56.16 points and Nifty down by 11.20 points. The 30-scrip BSE Sensex was down by 56.16 points or 0.10 per cent at 57807.77 at 9.35 am. The 50-scrip NSE Nifty was trading at 17275.80 at 9.35 am, down by 11.20 points or 0.06 […]
  • Govt working on classification of cryptocurrency under GST law

    New Delhi: The government is working on classification of cryptocurrency as goods or services under the GST law, so that tax can be levied on the entire value of transactions. Currently, 18 per cent Goods and Services Tax (GST) is levied only on service provided by crypto exchanges and is categorised as financial services. GST […]
  • Young investors take crypto plunge

    Hyderabad: Crypto is the new black and could be here to stay. Even though the world of crypto is still volatile with no clarity on the legality of the digital asset, many youngsters are willing to take the risk, albeit with small amounts. For many, after the stock market, investing in cryptocurrency seems to be […]
  • Rising import costs dent prospects of corrugated box industry

    Hyderabad: The corrugated paper industry is facing headwinds of rising raw material and inputs costs. The corrugated box manufacturers are now looking to passing on the increases in costs to their clients, which in turn will result in the packaging and logistics costs going up for the endusers. Kraft paper, which is porus, flexible and […]
  • ‘Reforms in I-T dept, strengthening of economy led to record tax collections’

    New Delhi: Reforms undertaken by the government within the Income Tax department and the “strengthening” of the Indian economy are among the major factors that led to the highest-ever direct tax collections in the country, which stand at over Rs 13.63 lakh crore, CBDT Chairman J B Mohapatra has said. He said apprehensions about the […]
  • India’s forex reserves dip by $9.64 billion, biggest drop in 2 years

    Mumbai: India’s foreign exchange (forex) reserves declined by $9.646 billion to $622.275 billion in the week ended March 11, the sharpest decline in nearly two years, as the Reserve Bank of India (RBI) heavily sold dollars to prevent the slide in the value of rupee. According to the RBI’s weekly statistical supplement, the foreign currency […]
  • After Better.com, British firm lays off 800 workers over Zoom call

    British shipping company P&O Ferries sacked 800 of its employees en masse over a Zoom call that lasted only 3 minutes and the employees were not allowed to serve a notice period, reports Daily Mail.
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