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Home  Business

Business

Rainbow Children’s Medicare files papers; eyes over Rs 2,000 crore via IPO

Rainbow Children’s Medicare files papers; eyes over Rs 2,000 crore via IPO

  • HDFC Bank partners with IPPB to deliver banking services in rural areas

    New Delhi: HDFC Bank has tied up with India Post Payments Bank (IPPB) to offer its banking services to the unbanked and underserved segments in semi-urban and rural areas. A memorandum of understanding was signed between HDFC Bank and IPPB to cater to the majority of over 4.7 crore customer base of IPPB. About 90 […]
  • Hyderabad ranks highest amongst Indian cities in residential price appreciation in Q3 2021

    Hyderabad: Proving its fundamentals right, Hyderabad has been ranked the highest amongst the top eight Indian cities in Q3 2021 in terms of residential price appreciation, witnessing 2.5 per cent year-on-year (YoY) increase in home prices. Knight Frank Global Residential Cities Index Q3 2021 showed that Hyderabad has been positioned at 128th rank globally while […]
  • Sensex slumps over 400 pts in early trade; Nifty drops below 16,900

    The 30-share index plunged 444.83 points or 0.78 per cent to 56,679.48 in the opening trade. Similarly, the Nifty tumbled 128.40 points or 0.76 per cent to 16,875.35.
  • NFT Auction: Bat signed by 2011 World Cup winning team fetches USD 25,000

    New Delhi: A bat signed by the 2011 World Cup winning Indian cricket team was sold for USD 25,000, while Australia opener David Warner’s 2016 IPL-winning signed SunRisers Hyderabad jersey fetched USD 30,000 in a non-fungible token (NFT) auction in Dubai. The NFT auction, conducted by CricFlix in association with RevSportz and Fanatic Sports, witnessed […]
  • Institutional investment in real estate likely to fall

    Institutional investments in real estate may fall 20 per cent to $4 billion during this calendar year because of a higher inflow of funds in 2020, according to property consultant JLL India. During the January-September period, the institutional investment rose to $2,977 million from $1,534 million in the year-ago period. “Unless some large portfolio deals […]
  • Monetary policy of India is financially inclusive by design: RBI DG Patra

    Mumbai: The country’s monetary policy is, by design, financially inclusive and this strategy will result in policy effectiveness and welfare maximisation going ahead, Reserve Bank of India’s Deputy Governor Michael D Patra said on Friday. Financial inclusion appears to have gone up, with the level of the RBI’s financial inclusion index rising from 49.9 in […]
  • Equity indices open in red, Sensex down by 266 points

    The 30-scrip BSE Sensex was down by 266.73 points or 0.47 per cent at 57048.55 at 9.45 am.
  • Commercial spaces: Hyderabad to join 100 million sqft club soon

    Hyderabad: Hyderabad could soon join the 100 million sqft commercial space league. Currently, the commercial space is pegged around 76 million sqft and the additional space will come about from more than 40 IT parks, whose works are in various stages. While manufacturing, life sciences and other sectors are growing significantly, the bulk of the […]
  • Granules appoints Sucharita Rao Palepu as independent director

    Hyderabad: Granules India, a vertically integrated pharmaceutical company based in Hyderabad, appointed Sucharita Rao Palepu as non-executive independent director on the Board of the company with immediate effect. Sucharita brings with her experience of two decades in IT and financial services. She is currently a strategic advisor specialising in organization & HR transformation initiatives, prior […]
  • GMR Infrastructure gets NCLT nod for demerger of non-airport business

    New Delhi: GMR Infrastructure on Thursday said it has received approval from the National Company Law Tribunal (NCLT) for the restructuring plan involving the demerger of the non-airport business. GMR Infrastructure had unveiled the rejig plan on August 27 last year, to simplify the corporate holding structure and to attract sector-specific global investors. “The Hon’ble […]
  • Hero MotoCorp, Volkswagen to increase prices from January

    New Delhi: The country’s largest two-wheeler maker Hero MotoCorp on Thursday said it will increase prices of its entire model range by up to Rs 2,000 from January 4, 2022 in order to offset the impact of rise in input cost. The company will make an upward revision in the ex-showroom prices of its motorcycles […]
  • Motilal Oswal Real Estate commits Rs 225 crore to Hyderabad-based Phoenix this year

    Hyderabad: Motilal Oswal Real Estate (MORE), the real estate private equity arm of Motilal Oswal Group, committed Rs 225 crore to Hyderabad-based Phoenix Group through multiple investments in the last nine months. Phoenix Group is actively involved in real estate with projects across asset classes including residential, office space, commercial or retail. The company’s completed […]
  • Hero MotoCorp, Volkswagen to increase prices from Jan

    New Delhi: The country’s largest two-wheeler maker Hero MotoCorp on Thursday said it will increase prices of its entire model range by up to Rs 2,000 from January 4, 2022 in order to offset the impact of rise in input cost. The company will make an upward revision in the ex-showroom prices of its motorcycles […]
  • Medplus shares list with nearly 31 pc premium

    Hyderabad: Pharmacy retailer MedPlus Health Services Ltd, which got listed on BSE on Thursday, saw its stock jumping 40.81 per cent to Rs 1,120.85. The shares were listed with a premium of nearly 31 per cent against the issue price of Rs 796 and settled with a gain of about 41 per cent. Similarly, the […]
  • Mold-Tek raises Rs 103.6 crore through QIP issue  

    Hyderabad: Hyderabad-based Mold-Tek Packaging raised Rs 103.6 crore through Qualified Institutions Placement (QIP). The QIP Committee at its meeting held on December 17, 2021, approved the issue and allotment of 14,00,000 equity shares to the eligible qualified institutional buyers at a price of Rs 740 per equity. The funds which have invested in this QIP […]
  • Compass Hyderabad centre building mobile-first interface for realty sector

    Hyderabad: The US-based Compass’ India Development Centre (IDC) located at Hyderabad’s Financial District represents the only development centre of the real estate tech company outside the US and is playing a key role in the company’s tech development bringing in artificial intelligence, mobile applications, and data analytics capabilities to the global team. Compass Inc provides […]
  • Focus on talent attraction puts Telangana in good stead

    Hyderabad: Last week, US-based insurance player Mass Mutual announced that its workforce crossed 1,100 people. This is more than double from 500 people it wanted to have in Hyderabad. The company first made its Hyderabad plans public in January and was up and running in about two months. The company went from paperwork to pay […]
  • Centre cuts over 25,000 compliances for ‘Ease of Living’, ‘Ease of Doing Business’

    Goyal said that infinite possibilities in technology should aid the Centre's initiatives and not just further complicate the system. He also stressed the need for indigenous solutions to problems facing the country.
  • Honor teases its 1st foldable smartphone ‘Magic V’

    The company posted its first image on its Weibo and Twitter accounts.
  • Hyderabad-based Doosra raises seed fund from Omidyar Network India, other investors

    Hyderabad: Serial entrepreneur Aditya Vuchi, who recently exited his previous company MediaMint in a Rs 566 crore deal, raised seed funding for his latest tech venture Doosra. The fresh round is led by Omidyar Network India, while Titan Capital, 2am Ventures and other angel investors including Bhuvan Gupta, co-founder, OfBusiness, Nitin Agarwal and Srinivas Raju […]
  • All you need to know about Tokenisation effective Jan 1

    The new tokenisation rule, which comes into force from January 1, prohibits all online shopping portals from saving your card numbers, CVV and expiry date in their servers.
  • Snapdeal co-founders to take home Rs 5 cr each in salary in 2021

    Bahl is entitled to receive such remuneration for a three-year period, starting April 1, 2021 till March 31, 2024.
  • Hyderabad among top three cities for jobs

    Hyderabad: A long spell of pandemic and a dip in the economic activity has not deterred the job market in Hyderabad. The presence of global multinationals along with many Indian companies has proved to be in favour of the job market. According to a recent report, Hyderabad continues to be among the top three cities […]
  • Namdhari’s to expand footprint in Hyderabad, invest Rs 50 crore

    Hyderabad: Bengaluru-based Namdhari’s Group, a sustainable farming, retail and food entity, is expanding its presence in Hyderabad with plans to invest Rs 50 crore over the next 24 months. The investment will go towards farming operations, growing production centres, experience stores, dairy products, standalone food outlets and warehousing. Simpli Namdhari’s is a vegetarian retailer with […]
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