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On the other hand, IndusInd Bank, L&T, Bajaj Auto and Bajaj Finance were among the gainers.
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The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore, according to a circular uploaded on the BSE website.
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Sangareddy: Ape Piaggo has inaugurated its first three-wheeler electric showroom outside Hyderabad city at Pothireddypally Circle in Sangareddy town on Wednesday. Speaking on the occasion, the Regional Manager of Ape Piaggio Srivatsan said the Telangana IT and Industries Minister KT Rama Rao was backing companies that were manufacturing electric vehicles in the State. Srivatsan said […]
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Hyderabad: BlueSemi, a consumer healthtech firm, secured $69 million (Rs 510 crore) capital commitment from Luxembourg-based private alternative investment group GEM Global Yield (GEM) as the company seeks to go public. The amount will be provided on a shared subscription facility over a 36-month term following a public listing of BlueSemi’s common stock. The firm […]
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Hyderabad: Affine, an Artificial Intelligence (AI) and Data Engineering solutions company based in Bengaluru, is planning to hire 200 employees in Hyderabad this fiscal, and may further ramp it up by the end of 2022. Hyderabad centre, the company’s third global development centre, will focus on deep-tech engineering services (cloud, AI and data) as well […]
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Ocugen, the US partner of Bharat Biotech, has submitted an investigational new drug (IND) application with the US Food and Drug Administration (FDA) to evaluate the Covid-19 vaccine candidate, BBV152, known as Covaxin outside the United States. The phase 3 trial proposed in the IND is designed to establish whether the immune response experienced by […]
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Hyderabad: Low-carbon energy provider CLP India has been rebranded as Apraava Energy. The company has set a target to double its existing energy portfolio in the next three to four years, contributing to the country’s 450GW renewable energy target by 2030. Broadening its horizon to explore non-generation opportunities, Apraava Energy plans to further expand its […]
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Hyderabad: Online gaming sector in India has seen robust growth over the past few years due to an increase in wireless internet users and smartphone usage. This further accelerated over the last 18 months with the Covid-pandemic, and the segment is expected to reach $3.8 billion market size by 2025. Manohar Hotchandani, director, Business Development, […]
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According to The Verge, this project's goal is to democratise and reinvent the radio. The app will be focused on the US initially.
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"Console sales will continue to be impacted by supply chain uncertainty," Amy Hood, Chief Financial Officer at Microsoft, said in a statement late on Tuesday.
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Hyderabad: Hyderabad-based Cyient launched its management consulting practice under the umbrella of Cyient Consulting, marking the company’s foray into this space. The global management consulting services market is expected to cross $1.2 trillion by 2025, as per industry estimate. Commenting on the launch, Krishna Bodanapu, MD and CEO, Cyient, said, the company has been engaged […]
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In the July-September quarter, YouTube recorded advertising revenues of $7.2 billion -- up 43 per cent due to strength in both direct response and brand advertising.
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Hyderabad: Trentar has acquired a 75 per cent stake in Hyderabad-based startup Trishula, which is in the UAV propulsion system segment. The Mumbai-based company earlier committed to invest Rs 100 crore spread over three years to design and build specialised drones for the defence and civil purposes along with indigenously built subsystems. Trentar had recently […]
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The upcoming JioPhone Next smartphone will house Pragati OS, powered by Android, which is touted as a world-class operating system built specifically for India.
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While revenues were up 22 per cent, net income registered 48 per cent growth as pandemic forced millions to work and learn from home.
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Google Services revenues were $59.9 billion, up 41 per cent, and Google Search and other advertising revenues of $37.9 million in the quarter were up 44 per cent.
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On the other hand, Axis Bank, Bajaj Finance, Tech Mahindra and IndusInd Bank were among the laggards.
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Hyderabad: Affine, an artificial intelligence (AI) and data engineering consulting and solutions firm, offers an entire gamut of services from data insights to transformation of businesses. Over a decade, the company has been enabling enterprises and small and medium businesses by combining capabilities in predictive analytics, machine learning and big data. Manas Agrawal, co-founder & […]
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Hyderabad: Forum Sujana Mall in Hyderabad said it has managed to recover 100 per cent of its business that it did in the same months of 2019. The mall now has over 15 exclusive brands. Nexus Malls have inducted seven Forum Malls into their portfolio earlier this year, taking the count of malls to 16, […]
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Hyderabad: In a major boost to Hyderabad’s real estate sector, CBRE has closed the biggest flex deal of Hyderabad in 2021 with Smartworks at Aurobindo Galaxy, Gachibowli. With businesses evaluating new working models that keep workplace flexibility at the centre, the 2,32,000 sq ft offering will help balance employee benefits and business profitability as companies […]
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Hyderabad: Bengaluru-based Edtech startup, CareerLabs, in partnership with Telangana Training and Placement Officers (TPO) Association, is organising an exclusive placement drive in Telangana, which will go up to January 10, 2022. The recruitment drive will enable students to interact with over 300 companies including Wipro, Reliance Jio, Accion Labs, Happiest Minds and Kotak Bank. The […]
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Hyderabad: The current and future sentiment of the real estate sector have improved across all parameters in Q3 2021, on account of the economic recovery in the making, according to the latest and 30th edition of Knight Frank-Ficci-Naredco Real Estate Sentiment Index Q3 2021 (July-September 2021). In Q3 2021, the Current Sentiment Index score rose […]
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Hyderabad: Hyderabad-based VEM Technologies signed a memorandum of understanding (MoU) with Telangana government to set up an integrated defence systems facility at Yelgoi, Zaheerabad. VEM will invest about Rs 1,000 crore in this facility over the next five years, creating over 2,000 jobs. V Venkata Raju, CMD, VEM Technologies shares with Telangana Today, company’s growth […]
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Hyderabad: US International Development Finance Corporation (DFC) COO David Marchick and Biological E managing director Mahima Datla unveiled the expansion of Biological E’s vaccine manufacturing facility in Hyderabad and finalised a US government financing arrangement formalising $50 million (about Rs 375 crore) to expand the company’s capacity to produce Covid-19 vaccines. The continued partnership will […]
