City Hyderabad Financial News

Subscribe to enjoy similar stories. The Indian real estate sector is witnessing a bullish phase, fuelled by strong demand in key cities like Bangalore, Hyderabad, and Mumbai. However, the broader market has recently undergone a correction, with the Nifty index retreating.

Anarock. The number of new launches of residential properties stood at 36,735 units during 2023.

Shyam Benegal who passed away recently, which was attended by several big names including Shabana Azmi, Javed Akhtar, Naseeruddin Shah, Urmila Matondkar and others.

Subscribe to enjoy similar stories. Beauty baroness Shahnaz Husain, who turned 80 last month, was one of India’s OG influencers long before the term was coined. As the pioneer of organic green beauty in the country, she brought with her great business acumen, unabashed in-your-face marketing chutzpah, and a prescient sense of future trends.

Manmohan Singh. President Droupadi Murmu, vice president Jagdeep Dhankhar, Prime Minister Narendra Modi, Congress president Mallikarjun Kharge as well as the Gandhis and a galaxy of leaders from across parties visited Singh's official residence to pay their respects.

Jyoti Bansal, who sold his first startup AppDynamics to Cisco for $3.7 billion in 2017, plans to more than double the employee count of his current ventures Harness and Traceable in India to 1,000 in three to four years, up from 400 now.

Startup India initiative, the Ministry of Commerce & Industry stated on Wednesday.

Rahasyam Idham Jagath explores quantum physics and Indian mythology, while Vere Level Office offers a light-hearted corporate sitcom. Zebra promises a high-stakes thriller for action enthusiasts, and Leela Vinodam delivers a touching tale of unspoken love. Here’s a roundup of the must-watch titles hitting your favourite streaming platforms this month.

Theenmar Mallanna has filed a police complaint against Telugu cinema star Allu Arjun, alleging that the actor's latest film, 'Pushpa 2: The Rise', disrespects the police force, according to NDTV. The complaint, registered at the Medipalli police station, also implicates the movie's director, Sukumar, and its producers.

Subscribe to enjoy similar stories. Homemade bullet trains may belt down specialised railway corridors in the not-too-distant-future.

Subscribe to enjoy similar stories. MUMBAI : Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra Group, will pause fresh investments in the Delhi-National Capital Region (NCR) and narrow operations to markets where it can create a niche as a ‘net zero’ developer. “We have exited two cities completely, Nagpur and Hyderabad, and we are holding back any investment in Delhi NCR right now," said Amit Kumar Sinha, managing director and chief executive at Mahindra Lifespace.

Subscribe to enjoy similar stories. Top billionaire investor and D-Mart promoter Radhakishan Damani opposed the candidate for chairmanship proposed by British American Tobacco (BAT for its Indian unit VST Industries Ltd, leading to his rejection at a shareholder vote, according to voting disclosures and an executive privy to the development. Opposition from Damani, who owns nearly a third of India's third largest cigarette maker, marks a rare episode of opposition from the investor who holds more than 1% shares in 11 publicly listed companies.

Aakash Chaudhry, one of India's most successful education entrepreneurs, has secured backing from two of the country's most prominent consumer tech billionaires-Zomato's Deepinder Goyal and Zerodha's Nithin Kamath-for his new venture, Sparkl Edventure, said people in the know. Kamath's Rainmatter, a fintech and sustainability-focused fund, along with Goyal, is participating in a $4 million seed round. The round is expected to attract a few more marquee investors. In October, Chaudhry joined forces with Pavan Chauhan and Ritesh Hemrajani, founders of Meritnation.com, an edtech company acquired by his family business Aakash Educational Services Ltd (AESL) in 2020, to launch Sparkl. This comes three years after the $950 million cash-and-stock sale of AESL to Byju's in one of India's largest edtech deals till date. Despite the sale, Chaudhry retains an 11% stake in AESL. Sparkl aims to provide bespoke one-on-one online tutoring for students in grades 6 to 12, specializing in International Baccalaureate (IB) and Cambridge curricula. The platform offers personalised classes across subjects such as mathematics, science, languages, business studies etc. With teachers already on board, Sparkl has begun enrolling students from major Indian cities such as Delhi NCR, Bengaluru, Pune and Hyderabad, as well as Singapore and plans to grow the platform leveraging its tech interventions.

Indian badminton champion and Olympian PV Sindhu is set to marry her fiancé, Venkata Datta Sai, a businessman from Hyderabad, in an intimate ceremony on Sunday, December 22, 2024. The couple, who announced their engagement on December 14 with a heartwarming Instagram post featuring them holding rings and beaming with joy, will exchange vows at the luxurious Raffles Udaipur Resort in Rajasthan.

New supply in Delhi-NCR is set to increase 59 per cent to 11,223 units in the current December quarter from 7,072 units in the corresponding period of the previous year. Among nine major cities across India, Delhi-NCR is the only market where sales and new supply are estimated to rise during the current quarter, real estate data analytics firm PropEquity's data showed.

Infosys Founder Narayana Murthy said true nationalism is to work for the betterment of the country and not by merely wrapping oneself in the national flag. “The young generation must work with a sense of responsibility toward the nation and society. We must care for the underprivileged sections of society, or else we are no better than animals. Becoming a responsible citizen and working toward the country’s betterment is true nationalism. Merely wrapping oneself in the national flag does not make one a true nationalist,” Murthy said while speaking at the Sustainability Crusade award ceremony organised by the J P Shroff Foundation in Hyderabad on Friday.

Hyderabad police have issued specific guidelines for New Year’s Eve celebrations, requiring event organizers to secure permissions in advance. The instructions, outlined in a statement by the Public Relations Officer of the Rachakonda Commissionerate, aim to ensure safety and compliance during the events. Mandatory permissions and safety measures According to the statement, all events, whether ticketed or non-ticketed and held indoors or outdoors, must obtain police permission at least 12 days in advance. The statement emphasized, “All the events must and should obtain permission from the police regardless of whether the event is held indoors or outdoors.”

Subscribe to enjoy similar stories. Today's edition of Stocks Made Easy shines a spotlight on a luxury car rental services company. We first featured this company a month ago, during a deep dive into stocks trading below their book value—a trend that gained traction when the buzz around Elcid Investments’ boom was just hitting mainstream attention.

Subscribe to enjoy similar stories. New Delhi: Those planning to travel between metro cities this year-end are in for a treat. According to data from ticket booking portals, airline ticket prices between metropolitan cities have crashed by almost a third this month compared to December 2023.

Aurobindo Pharma USA Inc, a subsidiary of Hyderabad-based drug maker, is recalling over 1 lakh bottles of Cinacalcet tablets in multiple strengths. The New Jersey-based firm is recalling the product due to «GMP Deviations: Presence of N-nitroso Cinacalcet impurity above FDA recommended interim limit,» the US health regulator said. The company initiated the Class II recall on November 7 this year. Cinacalcet tablets are used to treat hyperparathyroidism.