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Home  Business

Business

Microsoft giving each employee Rs 1.12 lakh as pandemic bonus

Microsoft giving each employee Rs 1.12 lakh as pandemic bonus

  • MSN Labs enters into licence agreement with DRDO for 2-DG

    Developed by the DRDO, 2-DG has been granted permission by Drug Controller General of India for emergency use as adjunct therapy in moderate to severe Covid-19 patients.
  • Hetero’s phase 3 trial results of Molnupiravir shows fewer hospital admissions

    Hyderabad-based pharma company has approached the Drug Controller General of India to seek Emergency Use Authorization for the investigational drug in India
  • Rupee gains 4 paise to 74.67 against US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, surged 0.05 per cent at 92.45.
  • Sensex tumbles over 300 points in early trade; Nifty tests 15,650

    Axis Bank was the top loser in the Sensex pack, shedding over 1 per cent, followed by IndusInd Bank, TCS, HDFC, ICICI Bank, Reliance Industries and Bajaj Auto.
  • Samsung considering launching Galaxy S21 FE in US, Europe only

    Samsung is reviewing a plan to release the Galaxy S21 Fan Edition (FE) in the US and Europe after skipping the domestic market and other countries following the tight supply of mobile application processors.
  • ‘Hyderabad hub for aviation skill development’

    Aerospace company Pratt & Whitney has positioned Hyderabad as a hub of advanced aviation skill development in South Asia and the Middle East. The company’s India Customer Training Center (CTC) in Hyderabad is setting new benchmarks in training. Amit Pathak, GM, Pratt & Whitney India and site leader, India Training Center, tells Telangana Today  the […]
  • Future-Reliance deal: SC to hear Amazon plea on July 20

    The Future group had moved the tribunal seeking regulatory approvals to the Rs 24,713 crore deal with Reliance.
  • Kitex group to hold talks with Telangana govt on investment plans

    MD of Kitex plans to discuss mammoth investment of Rs 3,500 crore in the State in apparel business
  • Sensex plunges 486 points

    The 30-share BSE index ended 485.82 points or 0.92 per cent lower at 52,568.94, while the broader NSE Nifty dropped 151.75 points or 0.96 per cent to 15,727.90.
  • TCS Q1 profit up 28.5pc to Rs 9,008 cr

    Consolidated revenue from operations increased by 18.5 per cent to Rs 45,411 crore compared to Rs 38,322 crore in the corresponding quarter of 2020-21.
  • DBS Bank reports higher net profit for FY21

    DBS Bank India, which bailed out LVB and in the process increased its network, had reported a post tax net of Rs 111 crore in FY20.
  • IICT, PI Industries join hands to manufacture Covid drug

    Hyderabad: City-based Indian Institute of Chemical Technology (IICT), a constituent laboratory of Council of Scientific and Industrial Research (CSIR), is collaborating with PI Industries Limited and signed an agreement for technology transfer and manufacture of the anti-Covid drug 2-DG. In the last few months, especially after Drugs Controller General of India (DCGI) granted emergency use […]
  • Zomato’s Rs 9,375 cr IPO to open on July 14

    The total IPO size is Rs 9,375 crore, comprising a fresh issue of equity shares worth Rs 9,000 crore and an offer-for-sale to the tune of Rs 375 crore by Info Edge (India) Ltd, Zomato said.
  • BMW Motorrad drives in updated R 1250 GS bike range in India

    The bikes would be available as completely built-up units (CBU) and can be booked at the company's dealerships from Thursday onwards.
  • Ambipalm to expand offerings to 16 cities

    The app, which has got over 50,000 downloads, was founded with an investment of Rs 10 crore.
  • Hyderabad pharma instruments firm helps set up Covid testing labs

    Pro Cal Services has so far helped set up over 30 Covid-19 RT-PCR Labs across Telangana, Andhra Pradesh and Kerala, at one-third of the market cost.
  • IISc, TalentSprint announce certification programme in digital manufacturing

    Current and aspiring professionals with over one year experience working in strategic roles in manufacturing across industry and having an engineering degree are eligible for the course.
  • Hyderabad-based Caspian Debt expands regional presence in Delhi-NCR

    Major focus will be on SMEs in edtech, water & sanitation, cleantech, healthcare, food & agritech sectors 
  • Brightcom Group acquires digital marketing company

    A definitive agreement will follow after the completion of the customary business, legal and financial due diligence.
  • RBI imposes penalties on SBI, 13 banks for violation of rules

    The penalties have been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1), of the Banking Regulation Act, 1949, as applicable.
  • Cairn Energy secures French court order to seize 20 Indian govt properties

    On June 11, the French court had ordered Cairn Energy's take-over of Indian government properties, mostly comprising flat; and the legal process got completed on Wednesday evening.
  • Sensex, Nifty start on choppy note amid weak global cues

    Bajaj Auto was the top gainer in the Sensex pack, rising nearly 2 per cent, followed by Tech Mahindra, NTPC, IndusInd Bank, PowerGrid, M&M and HCL Tech.
  • Fitch cuts India’s growth forecast to 10pc

    Fitch believes that rapid vaccination could support a sustainable revival in business and consumer confidence; however, without it, economic recovery would remain vulnerable to further waves and lockdowns.
  • FinMin gets bigger: DPE now part of ministry

    Finance Ministry will now have six departments while DPE's hereto parent ministry, the Ministry of Heavy Industries and Public Enterprises will now be called the Ministry of Heavy Industries
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