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New Delhi: Adani CMA Mundra Terminal Pvt Ltd (ACMTPL) a joint venture between Adani Ports & SEZ Ltd and CMA Terminals at Mundra, berthed APL Raffles, making it the largest container vessel to call India. APL Raffles is one of the largest vessels in the fleet of CMA CGM. Built in 2013, this 1,76,727 DWT, […]
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Mumbai: Higher bond yields as well as a potential US Fed rate hike sparked a global risk-off sentiment, leading to elevated FII outflows in India, said Motilal Oswal Financial Services. According to the brokerage house, $13.5 billion in FIIs’ outflows have taken place in the secondary markets since October 2021. “Domestic equities have also borne […]
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According to the auto-tech website Electrek, the company has released the microphone that is designed to work with Leishi KTV, a karaoke system that is being included as part of the update.
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Hyderabad: Hyderabad-based Nava Bharat Ventures reported an 18 per cent year-on-year jump in its consolidated net profit at Rs 190.93 crore for the third quarter ended 31 December 2021, compared to Rs 161.79 crore in the corresponding quarter of the previous fiscal. The company’s consolidated revenues grew 41.6 per cent year-on-year at Rs 1,005.3 crore […]
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Hyderabad: Apparel and accessories specialty chain of Reliance Retail, Trends, has launched its new store in Achampet town of Nagarkurnool district in Telangana. The Trends store at Achampet offers fashion merchandise that is relevant to the consumers of the region and at prices that are affordable and seen as value for money. The store’s merchandise […]
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Hyderabad: Demand for gold reached 1,147 tonnes in Q4 2021, its highest quarterly level since Q2 2019 and an increase of almost 50 per cent year-on-year, according to the World Gold Council. The World Gold Council’s latest Gold Demand Trends Report revealed that annual demand (excluding OTC markets) has recovered many of the Covid-induced losses […]
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Hyderabad: Dr Reddy’s is strengthening its Covid portfolio with a range of drugs and vaccine options. The company is in various stages of regulatory clearances for Sputnik Light and Sputnik V booster dose. Phase III clinical trial data of Sputnik Light has been submitted to the Indian regulator. Additional data from clinical trials for Sputnik […]
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Hyderabad: Whether it is to make homes more connected or just to enhance safety, Smart Homes are gaining traction among property buyers. Many new-age buyers who are technologically savvy and are looking for newer gadgets to fill their lives are also looking for smart home automation systems to be ahead of their times. Not just buyers, […]
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Hyderabad: Hyderabad-based pharmaceuticals company Dr Reddy’s Laboratories reported a multi-fold increase in its consolidated net profit at Rs 706.5 crore for the quarter ended 31 December 2021, up from Rs 19.8 crore in the corresponding quarter last fiscal. The company’s revenues went up to Rs 5,319.7 crore during the third quarter compared to Rs 4,929.6 […]
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The Subject Expert Committee (SEC) of the Central Drugs Standard Control Organisation (CDSCO) had also recommended the internasal vaccine clinical trials during the last meeting.
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Hyderabad: Granules India said on Friday that the US Food & Drug Administration (US FDA) has approved the Abbreviated New Drug Application (ANDA) filed by Granules Pharmaceuticals, Inc (GPI)., a wholly owned foreign subsidiary of Granules India, for Potassium Chloride for Oral Solution USP, 20 mEq. Potassium chloride is used to prevent or to treat low […]
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Hyderabad: Hyderabad dominates new residential launches in 2021 among the top cities of India. The city tops the charts contributing 26.1 per cent of the launches in the country, followed by Pune with 17.6 per cent, Bengaluru with 16.4 per cent and Mumbai with 16.1 per cent. Hyderabad saw the launch of 36,367 units in 2021, […]
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"This is Lamborghini`s historical first NFT project. In collaboration with the artist Fabian Oefner, Lamborghini developed five art pieces, that will go on auction on February 1," the company said in a statement.
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New Delhi: The global smartphone market grew for the first time since 2017, with annual shipments reaching 1.39 billion units in 2021, with Samsung leading the pack with 271 million units, a new report showed on Friday. Despite the 4 per cent annual growth, annual shipments remained below the pre-pandemic level due to continued Covid-19 […]
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The $700 million equity investment in Bharti Airtel is at a price per share of Rs 734, while $300 million will go towards investments in scaling Airtel's offerings that covers a range of devices to consumers.
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According to the company, thanks to a remarkable customer response to its new iPhone 13 family, it set records in both developed and emerging markets.
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The company posted an all-time revenue record of $123.9 billion, up 11 per cent year over year, and quarterly earnings per diluted share of $2.10.
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Hyderabad: Real estate developers and builders have urged the State Government to defer the revision of market values, citing different reasons, especially covid impact. Prices of building material, including cement and steel have gone up significantly since Covid. In the current scenario, many cases were being reported and people were not stepping out to visit […]
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Hyderabad: Canara Bank reported a 115.8 per cent jump year-on-year (YoY) in its net profit at Rs 1,502 crore for the third quarter ended 31 December 2021. The bank’s operating profit grew by 10.16 per cent for the period under review. For the nine months ended 31 December 2021, the bank’s net profit grew by […]
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Hyderabad: EvGateway, a turn-key electric vehicle (EV) infrastructure solutions provider headquartered in California, USA with presence across the United States, Latin America, Europe, Asia, and the Middle East market, has launched its operations in India. Through this, the company will provide innovation in the Indian EV marketplace and help advance electric vehicle adoption, by offering […]
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Hyderabad: Laurus Labs reported a 44 per cent year-on-year dip in its net profit for the third quarter of FY22 at Rs 154 crore, while its total net revenue decreased 20 per cent year-on-year at Rs 1,029 crore. EBITDA saw a 33 per cent decline year-on-year at Rs 290 crore. For the nine months ended […]
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Hyderabad: Elders living in Hyderabad can now get access to a full suite of services as ElderAid in association with Cura Servitium has been launched in the city. ElderAid Wellness Pvt. Ltd. is an end-to-end, ‘proxy child’ service set up by Dr Vandana Nadig Nair and Santosh Abraham in 2015 to serve senior citizens. The Bengaluru […]
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The electric vehicle manufacturer's CEO Elon Musk confirmed during Wednesday's fourth-quarter earnings call that production and first deliveries of the futuristic pickup are not expected this year.
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According to data acquired by financial news portal Finbold, between October and January, the number of Bitcoin addresses holding over $1 million has reduced by 28,186 or 24.26 per cent.
