City Hyderabad Financial News

Subscribe to enjoy similar stories.HYDERABAD: Two weeks after announcing its foundational artificial intelligence models for transcriptions, voice and images, Big Tech firm Microsoft wants to use its Azure cloud business strategy to sign long-term AI contracts with clients.Microsoft’s business model for Azure has found success in the past 12 years of chief executive officer Satya Nadella’s tenure. The company, which follows a July-June financial cycle, reported $281.7 billion in revenue in FY25, out of which its cloud revenue hit $106.2 billion.

Subscribe to enjoy similar stories.Apollo Hospitals Enterprise Ltd (AHEL), the country’s largest listed hospital chain by beds, is betting on its planned capacity expansion as well as its clinical programmes and expertise to maintain its lead in an increasingly competitive private healthcare market, its top management said.The hospital chain, which commissioned four hospitals in Pune, Kolkata, Hyderabad and Delhi in FY26, plans to add about 1,500 beds in the next 12-18 months. This includes beds in the new hospitals as well as existing ones.“We think capacity is a strategically important lever… it will place us as the largest player substantially in terms of bed capacity.

Subscribe to enjoy similar stories.Committed occupancy levels – office spaces where leases have already been signed with tenants but are yet to commence – for key listed real estate investment trusts (Reits) exceeded the 90% mark in FY26. Management executives at Reits are largely upbeat on demand prospects, providing room for occupancy improvement.Embassy Office Parks REIT sees occupancy rising to 92-93% and Brookfield India Real Estate Trust pegs it at 96%.

Subscribe to enjoy similar stories.The finance ministry, on Monday, has directed all public sector banks, insurance companies, and financial institutions to implement austerity measures, including switching to electric vehicles (EVs), curtailing foreign travel, and shifting to video conferencing for meetings, as the government moves to reduce expenditure and protect the country's financial system from economic instability due to the West Asia war.“All organisations may aim at replacing the petrol and diesel cars hired by them in their head offices and branch offices with electric cars as far as possible,” according to an official circular of the department of financial services (DFS) reviewed by Mint.Earlier this month Prime Minister Narendra Modi had made seven big appeals, austerity measures so to speak, to cushion India from the economic uncertainties arising from the prolonged West Asia war. These included conserving petrol and diesel by using public transport and metro; avoiding purchasing gold for a year, and restricting foreign travel to conserve forex."It is time for us to use petrol, diesel and gas with great care,” Modi said on Sunday while inaugurating projects in Hyderabad, Telangana.

Subscribe to enjoy similar stories.Real estate developer Sattva Group plans to expand its hospitality business amid rising travel demand and higher consumer spending on premium experiences.The Bengaluru-based company, which has co-developed JW Marriott Hotel Kolkata and Novotel Kolkata Hotel and Residences, is building a wider hospitality pipeline spanning Bengaluru, Hyderabad, Visakhapatnam and Darjeeling.“We will invest 10-20% of our turnover into the hotel business going forward," Adrija Agarwal, president of Sattva Group told Mint. “We see hospitality as a serious asset class for us now.

Subscribe to enjoy similar stories.K Raheja Corp-backed hotel ownership company Chalet Hotels Limited is expanding its focus to deeper leisure markets such as Jaipur, Jodhpur and Pune, while evaluating opportunities in Hyderabad’s financial district as it builds a broader national pipeline.Speaking to Mint, managing director and CEO Shwetank Singh said the company is scaling steadily across city hotels, airport properties and leisure resorts as demand continues to outpace supply despite short-term disruptions.“We are going to go into deep leisure markets like Jaipur, Jodhpur, Pune and also evaluating Hyderabad financial district,” Singh said.“The underlying demand supply story is strong— demand is growing faster than supply. We sustained a strong pricing-led growth, driving healthy RevPAR (revenue per available room) expansion growth across key markets.

Subscribe to enjoy similar stories.India’s electric vehicle (EV) sector has strong long-term potential, especially if crude oil prices remain elevated. Since India imports most of its crude oil, higher fuel prices translate to increased petrol and diesel costs, making EVs more economical for retail customers and commercial fleet operators.EV adoption is already accelerating in two-wheelers, three-wheelers, buses, and urban delivery fleets due to their lower running and maintenance costs.

Subscribe to enjoy similar stories.Bengaluru: India is emerging as one of the most sought-after growth markets for global quick-service restaurant chains, prompting several international brands, which once struggled in the country, to attempt a comeback with revamped playbooks.The latest entrant is Panda Express, the US-based Asian fast-casual chain, which plans to enter India in 2027 through a partnership with Trimex Foods. It is targeting growing demand for international dining brands and widening popularity of Chinese cuisine among Indian consumers, even as global chains remain cautious about the country’s highly competitive and value-conscious market“India has become very aspirational with spending power growing up.

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Subscribe to enjoy similar stories.India’s outsourcing industry, its largest white-collar employer, is a juggernaut that has all but stopped moving. The dollar revenue at the top five software-services exporters has grown slower than 3% for 10 straight quarters—a shadow of the double-digit expansion in the previous two decades. As these companies squeeze hiring to survive the existential challenge posed by artificial intelligence (AI), the aftershocks are starting to upend everything from real-estate demand to mortgage-underwriting norms.

Subscribe to enjoy similar stories.If you thought the old vs new tax regime debate was settled, think again.Just when the government seemed determined to push taxpayers toward the new regime, the newly notified Income Tax Rules, 2026 have quietly reopened the contest. By increasing limits for several exemptions, the old regime has regained relevance.And now, as a salaried individual, you are back to doing what you hoped was over: choosing.Every April, employers ask for investment declarations.

Subscribe to enjoy similar stories.Bengaluru: Senior housing developers and operators, which build and manage residential communities for those aged 55 and above, are looking to ramp up operations by acquiring land, expanding into new cities, and adding premium services as demand for such homes rises.The senior living segment in India has seen mixed success in the past, and has remained under-penetrated. That is fast changing, though, with operators riding a strong demand, and developers too, entering the space.Bengaluru-based Manasum Senior Living, which has four operational projects in the city and one in Goa, has entered Chennai, Mysuru, Tirupati, Mangaluru, and Pune.

Subscribe to enjoy similar stories.New Delhi: Struggled with illegible and poorly-placed labels for medicines? There may be help on way, as the apex drugs regulator is set to tighten scrutiny of how critical information, such as medicine names and expiry dates, is printed on the packaging, according to two government officials and documents reviewed by Mint.The move by the Central Drugs Standard Control Organisation (CDSCO) aims to curb medication errors and improve patient safety in India's $50 billion pharmaceuticals market.According to the plan in the works, the CDSCO and state regulators will step up plant inspections and issue targeted instructions to drug inspectors with a focus on visibility, durability and placement of key information.Following complaints, the apex regulator had appointed a committee that identified a significant gap in the variability of medicine labelling implementation at the manufacturing level.Consumers' complaints ranged from the packaging information being illegible due to a host of reasons to the demand for the medicine name being printed across the package and for a universally-recognized symbol on generic medicines to distinguish them from branded ones.The CDSCO set up a sub-committee in July 2025, chaired by the drugs controller of Telangana, with drugs controllers of Kerala, Odisha and representatives of HLL Lifecare Ltd, the deputy drugs controller of Hyderabad zone and Indian Drug Manufacturers’ Association (IDMA) officials as members.In its report, this panel said the CDSCO and state licensing authorities "may issue suitable advisories or internal instructions to GMP inspectors to ensure focused scrutiny of labelling practices, including visibility, durability and placement of

On most days in Bengaluru, Bert Mueller could pass unnoticed, except for the auto, which is bright red and unmistakable. Mueller, an American who moved to India in his early 20s, often drives the three-wheeler around Indiranagar, where he lives.

The ministry of ports, shipping and waterways is preparing to roll out about 20 sectoral reforms in the first 90 days of FY27, including the creation of a maritime sector regulator, revamped shipbuilding incentives and measures to increase India’s shipping tonnage, as part of a plan to strengthen the country’s maritime ecosystem and cut logistics costs.The reform push, which is being finalized, is aimed at improving regulatory oversight, boosting domestic shipbuilding, increasing the share of Indian-flagged vessels in global trade and enhancing the ease of doing business across ports, shipping and inland waterways, two people aware of the matter said.“Reform measures like a dedicated maritime regulator, stronger support for shipbuilding and container manufacturing, and a push toward inland waterways and coastal shipping are especially impactful. They not only build domestic capacity but also make logistics more cost-effective and sustainable,” said Pushpank Kaushik, CEO and head of business development at Jassper Shipping, a global shipping and logistics company in Hyderabad.A key proposal under consideration is the setting up of a strengthened maritime regulator by expanding the role of the Directorate General of Shipping, which would be given wider powers over safety regulation, maritime training, ship registration and oversight of shipping operations.

manufacturing sector continuing to be a male fortress. Of the top 100 manufacturing companies in India today, only a handful are headed by women who reached those heights without the leverage of a family name.Born to a Sindhi Amil family in Hyderabad (Sindh) in 1944, Lila Thadani’s steel was forged in the harsh kiln of partition.

National Grid UK Ltd has outlined plans to spend up to $400 million to establish a tech facility in India, joining several global companies setting up back-end centres in the country even as the war in West Asia threatens power supply.The energy company, among the 10 largest utilities in the UK, first floated a tender on 15 December last year, inviting bids to set up a global capability centre (GCC) in India, according to twopeople privy to the development and tender documents reviewed by Mint.The company is “looking for a supplier to establish, grow and deliver engineering services capability at pace during the Build & Operate phase”, read the tender.It aims to start work on the facility next year and finish it by 2032, with a possible extension up to 2035, according to the tender document. The people quoted earlier, who didn’t want to be identified, said the GCC will employ about 1,000 employees when fully operational.Queries emailed to National Grid went unanswered until press time.The UK's electricity transmission network operator will join global power and energy sector peers, including ABB, GE Vernova, Hitachi Energy, and ExxonMobil, which have their GCCs in Bengaluru.India currently hosts over 1,760 GCCs, with Bengaluru and Hyderabad hosting 875 and 355 centres, respectively, according to the IT industry lobby Nasscom.

₹60 per cylinder hike has added to household stress and squeezed small businesses.The primary driver, experts say, is global instability.According to Adhil Shetty, CEO of BankBazaar, the increase reflects continued pressure from international markets where crude oil and natural gas prices remain elevated due to geopolitical tensions and supply chain disruptions."India imports a large share of its LPG needs, so any rise in international prices or freight costs tends to flow through to domestic cylinder rates," Shetty noted. He added that the latest global escalation has made cooking fuel more expensive, and with deliveries taking longer in some areas, households must prepare for higher and less predictable expenses.For several years, LPG prices in regulated markets remained relatively steady, with only minor fluctuations.

₹13,000 crore leap into the future of healthcare—shifting from mass-produced generics to cutting-edge “living medicines” grown from cells, alongside advanced chemicals.With blockbuster drug patents set to expire globally, Mint explains how the country plans to tap a $300 billion biologics opportunity.To handle the work of growing medicines from living cells, India plans to build three new national research institutes and upgrade seven existing ones, including major centres in Mohali, Ahmedabad, Hyderabad, and Kolkata.These centres will focus on training a specialized workforce to manage the high level of scientific skill required. Since making medicines from living organisms is much more difficult than a standard pill, this expertise is essential for everything from laboratory research to high-tech factory management and safety checks.India plans to set up 1,000 testing sites nationwide to rigorously evaluate safety and effectiveness.This is essential because biologics are fundamentally different from traditional drugs.

India’s corporate skyline has expanded rapidly over the past three decades. Tech campuses in Bengaluru and Hyderabad, logistics parks along the Delhi-Mumbai industrial corridor and multiple warehouse clusters on city outskirts reflect a country building the infrastructure of a modern economy. Yet, much of this expansion has been planned around connectivity, labour access and land prices.

green hydrogen annually by 2030 under the National Green Hydrogen Mission.Reliance did not disclose the quantity of green ammonia that would be supplied as part of this deal with Samsung C&T. However, while announcing the deal on Monday, it hinted in a press release that this was the first of a series of such deals that it plans to strike in the coming days.The Korean company is the holding company of the leading chaebol and is engaged in materials trading and construction, among other things.Reliance did not respond to Mint’s query on the quantum of the supply.This is the second large export agreement struck by an Indian manufacturer of green hydrogen.