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Home  Business

Business

Dr Reddy’s, Prestige BioPharma partner to commercialise Trastuzumab biosimilar for cancer treatment

Dr Reddy’s, Prestige BioPharma partner to commercialise Trastuzumab biosimilar for cancer treatment

  • Hyderabad-based pTron launches Bassbuds Tango TWS earbuds

    Hyderabad: pTron, Hyderabad-based digital lifestyle and audio accessories company, launched its new Environmental Noise Cancellation (ENC) series true wireless stereo (TWS) earbuds Bassbuds Tango. With remote work and entertainment becoming the new norm, pTron sought to develop a next-level earbud that would deliver voice quality besides being equipped with industry-leading Digital Signal Processing ENC technology. […]
  • Hyderabad witnesses mega land deals worth Rs 1,050 crore in 2021

    Hyderabad: Hyderabad, which has been witnessing robust growth in real estate across asset classes quarter-on-quarter, has seen two mega land deals for residential development for a total of 78 acres worth Rs 1,050 crore in 2021 so far. The two separate deals over 78 acres of land are meant for large scale residential development projects […]
  • realme GT 2 Pro with Snapdragon 8 Gen 1 to launch on Dec 9

    The realme GT 2 Pro will be the company's first-ever smartphone to sport the latest flagship Snapdragon 8 Gen 1 chipset and it is expected to start at over $800 (Rs 59,500)
  • Watch: Indian-origin CEO apologises for laying off 900 employees over Zoom call

    Among the affected employees was the company's diversity and inclusion team, according to reports.
  • Hiring for freshers down, talent supply rises

    Hyderabad: From technology-based jobs to non-technology jobs, supply of freshers is ruling the roost. As per data findings by Indeed, the number of freshers seeking or searching for jobs has increased by 30 per cent from October 2020 to October 2021. On the other hand, the job posting for young graduates has seen a decrease […]
  • ATM charges to go up from Jan 1

    Hyderabad: Transactions at the Automated Teller Machines (ATMs) beyond the permitted number of transactions will cost Rs 21 plus taxes from January 1. Currently, the charge is Rs 20. Customers will be eligible for five free transactions (inclusive of financial and non-financial transactions) every month from their own bank ATMs. They will also be eligible […]
  • India must make 5G roll-out a national priority: Mukesh Ambani

    New Delhi: India must complete the migration from 2G to 4G to 5G at the earliest and the roll out of 5G should be the country’s national priority to join the next-gen digital transformation bandwagon, said Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited (RIL), here on Wednesday. Delivering the virtual keynote address at […]
  • Recordent creates India’s first credit bureau for F&B industry

    Hyderabad: Hyderabad-based Recordent, a credit and payment reporting fintech platform in the non-banking sector, formed a strategic partnership with the Food Service Distributors Association (FSDA) to bring access to comprehensive credit & data reports to the FSDA members through its SaaS-based platform. FSDA India is a Trade Association of Distributors & Wholesalers supplying to the […]
  • RBI to allow banks to infuse capital in overseas branches without its prior permission

    Mumbai: Reserve Bank of India (RBI) on Wednesday said banks will be allowed to infuse capital in their overseas branches as well as repatriate profits without seeking its prior approval, subject to fulfilling of certain regulatory capital requirements. At present, banks incorporated in India can infuse capital in their overseas branches and subsidiaries, retain profits […]
  • RBI maintains status quo for 9th consecutive time; retains repo rate at 4 pc

    Mumbai: The Reserve Bank of India (RBI) on Wednesday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance in the backdrop of concerns over the emergence of the new coronavirus variant Omicron. This is the ninth time in a row that the Monetary Policy Committee (MPC) […]
  • Zuckerberg, Chan to invest up to $3.4B for science advances

    Washington: The company that runs the philanthropy of Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, is investing up to $3.4 billion to advance human health over 10 to 15 years, according to a spokesperson for the organisation. The Chan Zuckerberg Initiative (CZI) announced Tuesday its new effort is aiming to “observe, measure, and […]
  • ISB summit highlights need for data-based analytics in retail

    Hyderabad: ISB Institute of Data Science (IIDS) organised a day-long data science summit on artificial intelligence and data science applications on supply chain models with a special focus on retail analytics. The day-long hybrid event brought together 180 researchers, data scientists, and developers to discuss artificial intelligence, data science, applied machine learning, and predictive applications […]
  • Tanla, Vi partner to deploy blockchain enabled platform

    Hyderabad: Hyderabad-based Tanla and Vodafone Idea Limited (Vi) announced a partnership wherein Tanla will be the exclusive provider of solutions to secure, encrypt and enhance performance for the entire international messaging traffic on the Vi network. This partnership centred on Wisely, a cloud-based platform co-developed with Microsoft, is set to lead the global enterprise market […]
  • Hyderabad-based Brightcom acquires MediaMint for Rs 566 crore

    Hyderabad: Hyderabad-based Brightcom Group, an adtech company, signed a definitive share purchase agreement to acquire 100 per cent of Vuchi Media Private Limited, operating under the brand name of MediaMint, a digital marketing operations company. The acquisition will be for about Rs 566 crore in cash and stock. As per the agreement, Rs 360 crore […]
  • MedPlus IPO to open on December 13

    Hyderabad: Hyderabad-based pharmacy retail chain MedPlus Health Services on Tuesday fixed a price band of Rs 780-796 a share for its Rs 1,398 crore initial share-sale, which will open for public subscription on December 13. The IPO will close on December 15. The bidding for anchor investors will open on December 10. The initial share-sale […]
  • Sales registrations in Hyderabad residential market grow 16% YoY: Knight Frank

    Hyderabad: The annual residential property registrations in three (Hyderabad, Rangareddy and Sangareddy districts) of the four districts that constitute the Hyderabad residential market stood at 21,988 units during January to November 2021 period, representing a 16 per cent growth over the January-November period in 2020. The end of the year is a typically slow period […]
  • TLMAL indigenously produces fighter wing at Hyderabad facility

    Hyderabad: Hyderabad’s aerospace and defence ecosystem received a fresh boost as the US-based Lockheed Martin formally recognises Tata Lockheed Martin Aerostructures Limited (TLMAL) as a potential future co-producer of fighter wings. TLMAL’s Hyderabad facility indigenously produced the first fighter wing shipset. KT Rama Rao, Minister for Industries and Commerce, Telangana, along with other government officials, […]
  • T-Hub announces seventh batch of Lab32 programme

    Hyderabad: Telangana-based startup ecosystem builder T-Hub has announced the seventh batch of its seed accelerator programme Lab32. It has on-boarded 23 startups for the new batch and the new programme guides entrepreneurs to refine their products for market fitness and create maximum economic and social impact. The three-month seed accelerator hybrid programme will commence on […]
  • Used car platform Spinny raises $283 mn, becomes new unicorn

    New Delhi: Used car retailing platform Spinny on Tuesday announced the closure of a $283 million funding from new and existing investors, taking its valuation to $1.8 billion and becoming another unicorn in 2021. The company said the raised capital would be utilised to bolster the customer experience, strengthen technology and product capabilities and build […]
  • Rupee gains 15 paise to 75.30 against US dollar in early trade

    Mumbai: The rupee appreciated 15 paise to 75.30 against the US dollar in opening trade on Tuesday, as a rally in domestic equities and weak American currency in the overseas markets boosted investor sentiments. However, surging crude prices in the international market and unabated foreign capital outflows capped the rupee’s rise, traders said.At the interbank […]
  • IMF chief urges global cooperation to control pandemic, support economic recovery

    Washington: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has urged for global cooperation to control the raging Covid-19 pandemic and support the economic recovery as the new Omicron variant has spread to over 40 countries around the world. “The global economy has continued to recover, but the recovery faces many risks, including […]
  • Aparna Enterprises invests Rs 100 crore in AP unit to augment capacity

    Hyderabad: Hyderabad-based Aparna Enterprises, a building materials company, invested Rs 100 crore into their tile division- Vitero Tiles. The investment is targeted at expanding their manufacturing capacity at Peddapuram facility in Andhra Pradesh. The company said, this expansion aims at helping Aparna Enterprises cater to the increasing demand of floor and wall tiles and target […]
  • Divami sees demand for UX, UI design globally

    Hyderabad: Hyderabad-based design-led Divami Design Labs, specialised in UX/UI design and design & development, is looking to expand its operations and offerings to cater to the growing demand from global markets. The company has sales offices in Mumbai, Bengaluru and Delhi as well as in the US. Besides the US, the company is seeing a […]
  • Hyderabad-based GSS Infotech acquires Polimeraas for Rs 250 crore

    Hyderabad: Hyderabad-based GSS Infotech has acquired 100 per cent stake in ‘farm to store’ company Polimeraas for Rs 250 crore, in a stock and cash deal. The Board of GSS Infotech approved the acquisition. Hyderabad-headquartered Polimeraas operates 75 stores across Hyderabad and Bangalore with an average footfall of 21,000 per store per month. The company […]
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