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Hyderabad: Hyderabad-based Coromandel International reported a dip of 11.88 per cent in its net profit for the quarter ended 30 September 2021 at Rs 519 crore as against Rs 589 crore in the corresponding quarter of the previous year. The agriculture solutions provider, which is in the business of fertilizers, crop protection, bio pesticides, […]
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Hyderabad: Optimus, which has completed molnupiravir oral capsule phase 3 clinical trial, has applied for emergency use authorization (EUA) for the drug with the Drugs Controller General of India (DCGI). On May 18, 2021, the Hyderabad-based company received approval from the DCGI to conduct the phase 3 trial as per the recommendations of the […]
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Chennai-based digital engineering and gaming solutions provider, Indium Software, helps organisations with its capabilities spanning application engineering, low-code, data & analytics, DevOps, cloud engineering, digital assurance and gaming. The company is establishing a strong global footprint and developing new platforms. Indium’s co-founder & CEO Ram Sukumar shares with Telangana today company’s future plans for Hyderabad […]
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San Francisco: Drone maker DJI has launched a new action camera ‘DJI Action 2’ as an update to the original ‘DJI Action’ in the global market. According to MacRumors, DJI constructed the Action 2 with an interchangeable and adaptive magnetic design that can accommodate a number of accessories for framing, shooting, and monitoring. The DJI Action […]
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According to Somasundaram PR, Regional CEO, India, World Gold Council, the surge in gold demand reflects a combination of low base effect and return of positive trade and consumer sentiments.
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Hyderabad: Hyderabad has emerged as one of the top real estate markets in Q3 2021, among six major cities of India. The city accounted for 23 per cent of all the new project launches during the quarter, following Mumbai Metropolitan Region (MMR) with 27 per cent. The latest report by Square Yards capturing the residential […]
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New Delhi: The month of September saw listed funds inflows of $362 mn, dominated by ETF inflows of S$295 mn into India, Kotak Institutional Equities said in a report. India-dedicated funds saw inflows of $172 mn led by non-ETF inflows of S$167 mn, while GEM funds saw inflows of S$118 mn led by S$251 mn […]
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On the other hand, IndusInd Bank, L&T, Bajaj Auto and Bajaj Finance were among the gainers.
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The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore, according to a circular uploaded on the BSE website.
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Sangareddy: Ape Piaggo has inaugurated its first three-wheeler electric showroom outside Hyderabad city at Pothireddypally Circle in Sangareddy town on Wednesday. Speaking on the occasion, the Regional Manager of Ape Piaggio Srivatsan said the Telangana IT and Industries Minister KT Rama Rao was backing companies that were manufacturing electric vehicles in the State. Srivatsan said […]
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Hyderabad: BlueSemi, a consumer healthtech firm, secured $69 million (Rs 510 crore) capital commitment from Luxembourg-based private alternative investment group GEM Global Yield (GEM) as the company seeks to go public.The amount will be provided on a shared subscription facility over a 36-month term following a public listing of BlueSemi’s common stock. The firm will […]
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Hyderabad: Affine, an Artificial Intelligence (AI) and Data Engineering solutions company based in Bengaluru, is planning to hire 200 employees in Hyderabad this fiscal, and may further ramp it up by the end of 2022. Hyderabad centre, the company’s third global development centre, will focus on deep-tech engineering services (cloud, AI and data) as well […]
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Ocugen, the US partner of Bharat Biotech, has submitted an investigational new drug (IND) application with the US Food and Drug Administration (FDA) to evaluate the Covid-19 vaccine candidate, BBV152, known as Covaxin outside the United States. The phase 3 trial proposed in the IND is designed to establish whether the immune response experienced by […]
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Hyderabad: Low-carbon energy provider CLP India has been rebranded as Apraava Energy. The company has set a target to double its existing energy portfolio in the next three to four years, contributing to the country’s 450GW renewable energy target by 2030. Broadening its horizon to explore non-generation opportunities, Apraava Energy plans to further expand its […]
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Hyderabad: Online gaming sector in India has seen robust growth over the past few years due to an increase in wireless internet users and smartphone usage. This further accelerated over the last 18 months with the Covid-pandemic, and the segment is expected to reach $3.8 billion market size by 2025. Manohar Hotchandani, director, Business Development, […]
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According to The Verge, this project's goal is to democratise and reinvent the radio. The app will be focused on the US initially.
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"Console sales will continue to be impacted by supply chain uncertainty," Amy Hood, Chief Financial Officer at Microsoft, said in a statement late on Tuesday.
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Hyderabad: Hyderabad-based Cyient launched its management consulting practice under the umbrella of Cyient Consulting, marking the company’s foray into this space. The global management consulting services market is expected to cross $1.2 trillion by 2025, as per industry estimate. Commenting on the launch, Krishna Bodanapu, MD and CEO, Cyient, said, the company has been engaged […]
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In the July-September quarter, YouTube recorded advertising revenues of $7.2 billion -- up 43 per cent due to strength in both direct response and brand advertising.
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Hyderabad: Trentar has acquired a 75 per cent stake in Hyderabad-based startup Trishula, which is in the UAV propulsion system segment. The Mumbai-based company earlier committed to invest Rs 100 crore spread over three years to design and build specialised drones for the defence and civil purposes along with indigenously built subsystems. Trentar had recently […]
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The upcoming JioPhone Next smartphone will house Pragati OS, powered by Android, which is touted as a world-class operating system built specifically for India.
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While revenues were up 22 per cent, net income registered 48 per cent growth as pandemic forced millions to work and learn from home.
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Google Services revenues were $59.9 billion, up 41 per cent, and Google Search and other advertising revenues of $37.9 million in the quarter were up 44 per cent.
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On the other hand, Axis Bank, Bajaj Finance, Tech Mahindra and IndusInd Bank were among the laggards.
