Business

Hyderabad: Uber has begun serving riders and drivers in Warangal in Telangana, marking the company’s expansion to 100 cities across India. Initially, it has made a range of auto and car products available on its platform in the city. Uber launched in India in 2013 and since then it has served nearly 95 million riders […]

Hyderabad: Close on the heels of Kerala-based textiles company Kitex choosing Telangana to set up a new unit, another Kerala company VKC Group is keen to set up a unit to manufacture footwear in Telangana and is actively engaged in discussion with the State government. The unit could attract investment of Rs 100 crore over […]

The company was launched in India in 2013 and since then, it said, it has served nearly 95 million riders and drivers till date.

Hyderabad: Caspian Debt, a Hyderabad-based debt fund provider to startups and social enterprises, has disbursed loans ranging from Rs 50 lakh to Rs 5 crore and expanded its portfolio by adding nine new SMEs from sectors such as food and agriculture, education and skill development, clean energy, healthcare, and general impact sectors during April- October […]

Mumbai: Paytm became the largest initial public offering (IPO) launched in the Bombay Stock Exchange (BSE), as its parent company, One97 Communications, on Thursday launched its IPO with the value of Rs 18,300 crores. However, amid weak market sentiments, immediately after the launch, the shares of Paytm traded in the red zone and fell over […]

New Delhi: Italian superbike maker Ducati on Thursday launched its flagship motorcycle model Panigale V4 SP in India priced at Rs 36.07 lakh (ex-showroom India). Bookings are now open across all Ducati dealerships in Delhi-NCR, Mumbai, Pune, Ahmedabad, Hyderabad, Bengaluru, Kochi, Kolkata and Chennai, and deliveries will start with immediate effect, Ducati India said in […]

Hyderabad: Small Industries Development Bank of India (SIDBI) has entered into a collaboration with Google for having a social impact lending programme with financial assistance up to Rs 1 crore at competitive interest rates targeted at micro enterprises, under a Rs 110-crore ($15 million) corpus fund. This corpus fund has been brought as a crisis […]

Hyderabad: GMR Airports Limited (GAL), a subsidiary of GMR Infrastructure Limited, has emerged as the winning bidder for the development and operation of Kualanamu International Airport in Medan, Indonesia (Medan Airport). The letter of award is expected to be issued in the next few days, post bid formalities, while signing of project agreements before end […]

Hyderabad: Hyderabad-based healthtech company Docturnal has been selected for Project Amplify programme, supported by Accenture and Microsoft, as part of 10 startups chosen from across India. Founded in 2016 by Arpita Singh, Rahul Pathri, and Vaishanavi Reddy, Docturnal is aimed at providing point-of-care and non-invasive screening and prognosis for pulmonary tuberculosis and pneumonia. The team […]

Hyderabad: Hyderabad-based MSN Labs has launched anti-epileptic drug, India’s first generic vigabatrin powder for oral solution under the brand name Viganext. An infantile spasm is a seizure with sudden stiffening of the body and brief bending forward or backward of the arms, legs and head. Vigabatrin is recommended as the first-line therapy for infantile spasm, […]

Hyderabad: Sustainability is not a trend. ‘Doing good’ impacts ability to ‘do well’. It is the fusion of a growing economy, inclusive society and a thriving environmental ecosystem. When aligned, it enhances value for every stakeholder. However, it is still early days for the sustainability ecosystem in India. Most policymakers view it from the prism […]

Hyderabad: EdTech company upGrad has leased 1,000 seats from IndiQube, a flexible workspace provider, in a multi-city deal spanning Hyderabad and Bengaluru. In Hyderabad, upGrad will be operating from IndiQube Pearl situated in Gachibowli, the software hub of the city. In Bengaluru, upGrad will be operating from IndiQube Lexington, located at Koramangala. upGrad will have […]

New Delhi: Consumers continue to get relief from rising fuel prices with oil marketing companies (OMCs) keeping pump prices of petrol and diesel unchanged post revision of duties by the state governments on Diwali eve. Accordingly, their prices remained static for 13th consecutive day on Wednesday under the daily price revision mechanism followed by oil […]

Hyderabad: McDonald’s India partnered with FMCG company ITC to add a differentiated fruit beverage, B Natural to its Happy Meal, which will be available across all McDonald’s restaurants in South and West India, primarily catering to children in the age group of 3-12 years. Arvind RP, director, Marketing, McDonald’s India (West and South) said, “Happy […]

Hyderabad: Murugappa Group company and phosphatic fertilizer manufacturer Coromandel is setting up a new 1,650 metric tonnes per day capacity sulphuric acid plant at its fertilizer complex in Visakhapatnam with an investment of Rs 400 crore. The company has also signed technology partnership agreements with MECS (Monsanto Enviro-Chem Systems) and TKIS (ThyssenKrupp Industrial Solutions). Commenting […]

Hyderabad: Fintech company Zaggle has partnered with personal loan and salary advance platform EarlySalary to offer affordable credit to more than 4,500 corporates catering to over five million users. With this association, Zaggle will expand its product line and offer affordable and instant lending solutions to its existing clientele. Additionally, this partnership will be beneficial […]

Hyderabad: TalentSprint, an NSE Group EdTech company, entered into a multi-year partnership with the Centre for Executive Education at Indian School of Business (ISB). TalentSprint would be the strategic outreach partner for ISB Executive Education – leveraging ISB’s commitment to creating young global leaders through innovative programmes, faculty and thought leadership, alongside its  expansive reach. […]

Hyderabad: Tata Consultancy Services (TCS) has entered into a strategic transformation engagement with Zebra Technologies Corporation, to drive the latter’s IT agile transformation and provide DevSecOps services to continue its focus on innovation. Zebra provides a portfolio of purpose-built hardware, software, services, and solutions that digitise and automate workflows for the retail, manufacturing, transportation and […]

Hyderabad: Hyderabad-based Jama Wealth, a wealth advisory platform, has joined as a Registered Investment Advisory (RIA) partner on WealthDesk’s platform, where one can invest in systematic and modern investment products. Jama has been operational since 2016 and is into investment and equity advisory as well as financial planning. The company has advised clients on an […]

New Delhi: The India Cellular and Electronics Association (ICEA) said on Tuesday that it has written to various state chief ministers to reduce the GST rates on mobile phones to 12 per cent and on mobile parts and components to 5 per cent. The 12 per cent GST rate on mobile handsets had increased tax […]

Hyderabad: BSE Institute, a 100 per cent subsidiary of Bombay Stock Exchange, launched its ninth edition of BSE International Financial Olympiad (BIFO). The BIFO is a nationally recognised, innovative, and instructive financial quiz tournament that aims to raise financial literacy among students. The contest assists students in understanding more about the financial world through exploration, […]

Hyderabad: IndiaJoy — a media and entertainment industry event — will be held from November 16 to 19. This will be the fourth edition of the annual event and will be held in both physical and virtual modes. The four-day event will comprise sector-specific events such as the India Game Developer Conference, VFX Summit, Influencer […]

Hyderabad: The visual effects, animation and gaming segments are getting into a new avatar to support content demand from over-the-top (OTT) players. Hyderabad will see about Rs 750 crore investments in the next three years or so from domestic as well as international players catapulting these segments into large scale job creators. The companies operating […]

Hyderabad: Hesa, a rural technology startup based in Telangana, received recognition at Dubai Expo 2020 for its sustainable business model that is bringing a change in rural communities in India. “The international platform has given us the opportunity to reach the right set of investors and accelerate growth. Various corporations and industry associations have expressed […]