Business

Hyderabad: US-based MSRCosmos Group has set up a new startup MSRVantage that will provide artificial intelligence enabled blockchain solutions that will help in anti-counterfeit management and offer supply chain solutions through traceability and asset digitisation. The startup will operate in the US and India. The blockchain solution offers an easy-to-follow trace of products that cannot […]

Hyderabad: With an aim to make Anganwadi centres in Telangana more child-friendly and also to provide opportunities for women entrepreneurs from the State, WE Hub has announced a new project. The incubator that focuses on fostering women entrepreneurs is inviting applications from women architects and interior designers. As part of the paid project, women entrepreneurs […]

Hyderabad: Bayer, an enterprise with core competencies in the life science fields of healthcare and agriculture, conducted its first drone trial on Tuesday at its multi-crop breeding center in Chandipa, near Hyderabad. The on-ground event, showcasing a field demonstration on the use of drones in agricultural operations, was attended by partners and industry stakeholders, including […]

Hyderabad: Zenwork, a digital tax compliance and regulatory reporting solutions provider, which recently raised over Rs 1,200 crore from Spectrum Equity, is all set to expand its operations in Hyderabad and the US. The company which has a 60-member team here is planning to take this number to 180-200 by the end of 2022. The […]

Mumbai: The 30-scrip Sensitive Index (Sensex) extended its losses on Tuesday’s early trade session. At 9.45 a.m., the S&P BSE Sensex traded at 58,198 points, down 0.26 per cent. It opened at 57,983 points from the previous close of 58,465 points. Till now it touched a high of 58,247 points and a low of 57,718 […]

New Delhi: The prices of petrol and diesel have remained static for the 19th consecutive day on Tuesday under the daily price revision mechanism followed by oil marketing companies. The pump price of petrol in Delhi, which fell to Rs 103.97 a litre at 6 a.m on November 4 from previous day’s level of Rs […]

Hyderabad: T-Hub is organising Innovation Summit to kickstart its sixth anniversary celebrations, beginning 23 November and lasting through 26 November. The summit aims to assemble stakeholders from across the world to build One Ecosystem that supports and nurtures entrepreneurship and innovation. It will bring together eminent dignitaries, entrepreneurs, innovators, investors, mentors, policymakers, academicians, support groups, […]

Hyderabad: Hyderabad-based Azad Engineering is planning to invest Rs 1,200-1,500 crore in Telangana over the next few years to ramp up its manufacturing and enhance its capabilities. The company will explore an equity route to fund this expansion to primarily cater to energy, aerospace, heavy machining and oil & gas original equipment manufacturers (OEMs) globally. […]

Hyderabad: Hyderabad-based NCC Limited is seeing an uptick in project activity in the infrastructure sector, which is evident with robust orders the company is bagging across the country month after month. The company is hoping for 25 per cent top line growth this fiscal on the back of this momentum. NCC last week won three […]

At the interbank foreign exchange, the rupee opened weak at 74.36 but edged up to quote 74.35 against the American dollar, showing a fall of 5 paise in the early session.

New Delhi: Amazon India on Sunday said over 70,000 Indian exporters, who are part of its Global Selling programme, will offer millions of ‘Made in India’ products to global customers during the annual Black Friday and Cyber Monday (BFCM) sale.The Black Friday and Cyber Monday sale starts on November 25 and ends on November 29. […]

Hyderabad: Surat-based Goldi Solar, a solar panel manufacturer and EPC company, launched its new product line Heloc Pro module series in Telangana and Andhra Pradesh markets. The series features mono-facial and bi-facial modules with the latest M10 wafer size. With a power of 560Wp, the new modules can be widely used in utility, agriculture, industrial, […]

Hyderabad: Hyderabad-based Pencilton, a teen-focused fintech startup, is striving for enhancing digital financial literacy through its app and establishing unique metrics to keep itself ahead of the market, with an aim to make it the platform with the highest engagement and retention rate. Pencilton, founded by BITS Pilani alumni Vishwajit Pureti, Ashish Singh, Pallavi Tipparaju […]

Hyderabad: Cornext, a Hyderabad-based agritech startup, which offers low-cost, innovative quality feeding solutions for Indian dairy farmers, is one among the seven startups selected from India for the ‘Indo Israel Cohort Program’ jointly launched by Startup Nation Central, Israel, TiE Hyderabad, and TiE Israel. The first cohort of the programme will focus on innovations in […]

New Delhi: Indian business tycoon Anand Mahindra said that he has not invested a “single rupee” in cryptocurrencies. The billionaire shared some screen grabs which claimed that he has made tons of money using a cryptocurrency investment platform. The screenshots of the report stated that he made money using a crypto coins auto-trading programme Bitcoin Era. […]

Hyderabad: Hysea has launched a mentoring platform ‘Beyond Mentoring’ for women leaders in partnership with Beyond Pinks. This programme empowers women to choose the mentor and the length of mentoring relationship. Beyond Mentoring is an online new-age mentoring programme designed to provide focused, immediate and topic-based mentoring to women of all ages & backgrounds. It […]

Hyderabad: In the current age of customisation where people are looking for services and products that are just a click away, the Indian insurance industry is not far behind. Earlier, buying insurance was limited to only life and health plans, and was targeted towards certain demography. But now, with the rise of the millennials, there […]

Hyderabad: Laurus Labs has signed an investment agreement with Immunoadoptive Cell Therapy Private Limited (ImmunoACT), an advanced cell and gene therapy company to acquire 26.62 per cent stake (fully diluted basis) for a cash consideration of approximately Rs 46 crore, subject to the fulfilment of certain conditions. Additionally, senior management of Laurus Labs would also […]

New Delhi: The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said. Revenue Secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on […]

New Delhi: Over 74 per cent respondents expect an increase in housing demand, a survey by consultancy and professional services firm Deloitte India said. The sample size of the survey was 50 CXOs across Industries in India. “According to our survey, 74 per cent respondents expected an increase in demand for the residential sub-sector… We […]

Hyderabad: Flipkart launched furniture protection, an industry-first cover for accidental and stain damage on select furniture products on the platform such as office chairs, office tables and mattresses, among others. Flipkart has partnered with Cover Genius, an insurtech company to offer complete furniture protection on its platform. The plan period lasts for one year for […]

Hyderabad: Chumbak, an omnichannel lifestyle company, is looking at expanding its home decor, furnishing, wall decor and lifestyle merchandise with a focus on design and sustainability. The company caters to a customer base of over 6,00,000 and is planning to raise funds through investors to accelerate further growth to expand its market presence.     Vasant […]

Bengaluru: Housing sales have increased by 12 per cent to 1,38,051 units during January-September period of the current calendar year from 1,23,725 units in the corresponding period of 2020 as per the recent report ‘Real Insight residential Q3 2021 by housing brokerage firm PropTiger.com. According to the report, driven by pent up demand and festive […]

New Delhi: Net leasing of the office space across seven major cities will reach 90-95 per cent of the pre-Covid-19 level during the next financial year, on fresh hiring and return of employees to workspace, according to rating agency Crisil. Net leasing refers to the absorption of new office space less space vacated by tenants. […]