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Home  Business

Business

Divi’s Labs Q2 net profit rises 17pc to Rs 606 crore

Divi’s Labs Q2 net profit rises 17pc to Rs 606 crore

  • US-based Poshmark set to disrupt social commerce in India

    US-based Poshmark sees India as a new frontier to introduce its social marketplace and build a more circular shopping engine with the Indian community.
  • Apple fixes problem that bricked some Macs after updating to macOS Monterey

    San Francisco: Apple has resolved an issue that could brick some Intel-based Mac models equipped with T2 chips upon installation of macOS Monterey. The company said that it has identified and addressed an issue with the firmware on the T2 security chip that prevented “a very small number of users” from booting their Macs after updating […]
  • Photo app sues Meta for copying its main feature for Instagram

    Phhhoto's technology allowed users to capture five frames "in a single point-and-shoot burst," which could be looped into a short video.
  • Samsung leads European smartphone market despite challenges

    New Delhi: Samsung has retained its top spot in the European smartphone market in the third quarter (Q3) having largely recovered from its supply woes earlier on in the year. According to a Counterpoint Research report, Xiaomi, Apple and Oppo have gained significant share over the last year in the European market. Xiaomi continued to grow […]
  • Meta planning physical stores to showcase its products: Report

    These devices are gateways to the metaverse, a futuristic digital world where people move from virtual to augmented versions of reality almost seamlessly, the report said.
  • Sennheiser sees spike in demand for smart audio solutions

    Hyderabad: German audio company Sennheiser is seeing an accelerated demand for audio and home entertainment products as entertainment consumption over the last 18 months has largely moved to home. In addition to this, ‘work from home’ and ‘learn from home’ have further increased the demand for these products. Kapil Gulati, director, Consumer Segment, Sennheiser Electronics […]
  • Sahiti Group seeing uptick in real estate demand

    Hyderabad: Hyderabad-based developer Sahiti Group is seeing an uptick in demand in residential space and is launching a series of projects across Ameenpur, Kompally, Bachupally and Gachibowli, and a commercial project in Nanakramguda in Hyderabad. Post the second lock down, the company has sold over 250 units, with a sale value of over Rs 170 […]
  • Why do Amitabh and Rajnikanth fancy Non Fungible Token ? What you should know about NFT

    Non-fungible token or NFT is like digital memorabilia wherein the token uses blockchain to record the ownership of items like an image or a video or any other piece of art.
  • Hyderabad e-vehicle startup gets Rs 3,000 crore investment commitment

    Hyderabad: In a major boost to the Hyderabad startup ecosystem, Biliti Electric founded by city born enterprenuers has got an investment commitment of Rs 3,000 crore. This entrepreneur also founded the T-Hub incubated startup Gayam Motor Works. Biliti Electric which is based in the US has an exclusive partnership with GMW to supply electric three-wheelers […]
  • Public Affairs Index 2021: Telangana rides growth wave

    Hyderabad: In yet another accomplishment and endorsement for Telangana, the State has been placed No. 1 in the ‘Growth’ category nationally, in the Public Affairs Index (PAI) 2021 released by the Government of India. The State scored the highest with 1.38 points among 18 large States in India, followed by Kerala with 1.34 points and […]
  • CDSCO approves extension of shelf life of Covaxin to 12 months

    Hyderabad: The shelf life of Hyderabad-based Bharat Biotech’s Covid-19 vaccine, Covaxin, has been extended to 12 months from the present nine months by the Central Drugs Standard Control Organisation (CDSCO). “The CDSCO has approved the extension of shelf life of Covaxin up to 12 months, from the date of manufacture. This approval of shelf life […]
  • CricketCrazy monetising digital assets through NFT marketplace

    Hyderabad: CricketCrazy is the world’s first NFT (non-fungible token) exclusive marketplace for Cricket Collectibles and built on the Cricket Network. Within a month of its launch, the platform has registered over 75,000 signups with over 2,000 NFTs sold, which were part of the initial limited release. Pruthvi Rao, co-founder, Cricket Foundation, CEO & co-founder ZEBI, […]
  • Nokia, Vodafone Idea partner to trial 5G services using E-band

    For the trial, the brand has connected small cells and macrocells with "fiber-like" speed through the E-band (60GHz to 90GHz) spectrum.
  • Microsoft connecting people, places via metaverse: Satya Nadella

    "As the digital and physical worlds come together, we are creating an entirely new platform layer, which is the metaverse," Nadella said during the company's annual 'Ignite 2021' conference.
  • Survey reveals 75% of people are open to spending big this festive season

    InterMiles, a leading loyalty and rewards programme, has released the second edition of its ‘Consumer Spending Sentiment Index Report’ showcasing payment, purchasing, and personal finance trends.
  • Beats discontinues Powerbeats, Solo Pro, EP headphones

    According to MacRumors, all three products are no longer available directly from Apple's online storefront and the Beats by Dre website.
  • Sensex rises over 250 pts in early trade; Nifty tops 17,900

    In the previous session, the 30-share index ended 109.40 points or 0.18 per cent lower at 60,029.06, and Nifty fell by 40.70 points or 0.23 per cent to 17,888.95.
  • Union Bank of India’s net profit jumps 195.42%

    Hyderabad: Union Bank of India on Tuesday reported a 195.42 per cent jump in its net profit to Rs 1,526 crore for the September 2021 quarter, as against Rs 517 crore in the corresponding quarter last year. The bank’s core net interest income grew 8.52 per cent to Rs 6,829 crore as against Rs 6,293 […]
  • Practically crosses 1 million downloads

    Hyderabad: Hyderabad-based Practically, an experiential app designed for students in classes 6th to 12th grade with a focus on STEM learning has crossed one million downloads, showcasing a growth trajectory. Practically offers immersive content and learning experiences through its features such as industry-first scan anything, 3D visual content, life-like simulations, augmented reality modules, seek help, […]
  • Apple’s 2022 mixed reality headset to support Wi-Fi 6E: Report

    According to Apple analyst Ming-Chi Kuo, the adoption of the latest Wi-Fi specification is a basic requirement for head-mounted displays (HMDs) to improve the wireless experience. New HMDs from Meta
  • Urbanrise launches luxury residential project in Hyderabad

    Hyderabad: Urbanrise has commenced its latest luxury project-The Happening Heights. Located at Bachupally extension, just a few minutes from Bachupally, this luxury project is a premium integrated gated community. With 855 units, a blend of 2BHK and 3BHK apartments, ranging from 1,172 sq ft to 1,192 sq ft, the project claims to offer 50 amenities. […]
  • ‘Asset monetisation has multiplier effect on economy’

    The government’s National Monetisation Pipeline aims to liquidate already developed yet underutilised public sector assets to raise Rs 6 lakh crore over four years. It is further aimed at helping create a sustained fund pipeline for the infrastructure sector to create structured contractual partnerships between the private and public sectors. Preetham Mehra, ED & head […]
  • ETO Motors plans to set up second manufacturing unit in Hyderabad

    Hyderabad: Hyderabad-based ETO Motors, which manufactures electric three-wheelers under the brand Bulke Plus and passenger vehicles under the brand Trilux, has drawn up plans to set up a second manufacturing unit in the city. The company already has one manufacturing unit with a capacity to make about 600 units per month. It had announced an […]
  • NCC bags orders worth Rs 442 crore in October

    Hyderabad: Hyderabad-based NCC said it has received one new order for Rs 442 crore (exclusive of GST) in the month of October, 2021. This order pertains to the Mining Division and is received from a State government agency and does not include any internal order, the company said in a statement. NCC had received one […]
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