City Hyderabad Financial News

Subscribe to enjoy similar stories. Mergers in the healthcare sector aren’t just about business, they help deliver quality medical treatment to smaller towns, insists Alisha Moopen.

Subscribe to enjoy similar stories. TEMPERED DELIGHTThe Diwali Feast Box from Manam Chocolate has brownies, chocolate popcorn, dessert bars and spice-coated roasted nuts coming together for an indulgent gift. Available on manamchocolate.com; ₹2,750.

Uttam Kumar Reddy reiterated the government's commitment to supporting Hyderabad's real estate and construction sector, aiming to transform the city into a globally competitive destination. Speaking at the 14th Edition of the Property Show at Hitex Exhibition Centre on Friday, Uttam Kumar Reddy assured real estate developers that the government regarded them as «partners in progress» and was dedicated to working alongside them to drive Hyderabad's growth. «Our government is standing with you. To achieve our goal of making Hyderabad a truly global destination, we must work together completely. You are essential partners in driving Hyderabad's progress,» he added.

Atmecs Global said it will host the grand finale of its GenAI hackathon in Hyderabad on October 26-27. The hackathon, commenced on August 30 in collaboration with HackerEarth, has provided a platform for participants to demonstrate their technical prowess and creativity. The finale will focus on the themes, each of which poses a unique challenge for developers to address using Generative AI technologies, the company said in a statement. These themes are: 1. Enterprise RAG – Revolutionizing Decision-Making with Generative AI; 2. NIM (NVIDIA Inference Microservices) – Scaling AI Performance and Efficiency and 3. Healthcare Innovation – Transforming Medicine with Multimodal AI, the company with offices in Bengaluru, Chennai, Coimbatore and Hyderabad, added in its statement.

bomb threats on Friday, according to sources. An IndiGo spokesperson on Friday said 7 of its flights, including 6E 87 from Kozhikode to Dammam, got security-related alerts. The sources in the know said around 7 flights each of IndiGo, Vistara and SpiceJet got the threats while 6 flights of Air India received the threats.

Pushpa 2: The Rule on December 5, 2024, fans are eager to know what’s next. During a recent press conference, producers of the film hinted at a potential third part, confirming that discussions around Pushpa 3 have already begun.

Pushpa 2: The Rule, has reached a new high with the announcement of its release date. Originally slated for December 6, 2024, the film will now hit theaters a day earlier on December 5, 2024. This thrilling update was shared by the producers during a press conference in Hyderabad and subsequently on social media.

Subscribe to enjoy similar stories. Information technology companies Persistent Systems Ltd and Coforge Ltd, the latest entrants to the $1 billion club, reported revenue growth for the three months ended September on the back of business from clients in the Americas, which accounted for most of their incremental income. While both companies deploy different strategies as they chase the next $1 billion, a commonality of their growth so far has been stability at the top.

Samantha Ruth Prabhu, who has been seen with a mystery man. A video capturing Samantha leaving an event alongside this unidentified individual has gone viral, igniting curiosity and speculation among her fans. In the video, which was shared widely on social media, Samantha can be seen wearing a stylish strapless blue dress. The clip captures a moment where she appears to reach for the man's hand, only to quickly withdraw, leading to a flurry of theories regarding their relationship. Fans have been left pondering, “Who is he??” as discussions swirl around her potential romantic involvement following her divorce from Naga Chaitanya. One fan took to social media to clarify the situation, stating, “Nope, he is not her so-called new boyfriend; he’s actually a camera-shy person who is married. He is her best friend, and she attended this event with her best friend's family. Peace out, leave my woman alone.” This comment aims to quell the rampant speculation, yet Samantha has remained tight-lipped about the identity of her companion, further fueling interest among her followers.

lathicharge by police on members of Hindu organisations protesting against the desecration of a temple idol here, Union Minister G Kishan Reddy on Sunday accused Chief Minister A Revanth Reddy of an "anti-Hindu attitude". Addressing a press conference, he said some youth were holding a protest peacefully on Saturday against the idol desecration at Muthyalamma temple in Secunderabad. The police «brutally» beat them up, which was not seen in Hyderabad in recent times, he alleged. Even during the Telangana statehood movement, the police did not behave in that way, Kishan Reddy, who is also Telangana BJP president, said. «Why did the chief minister order lathicharge against them yesterday? This is totally anti-Hindu way. This is nothing but pacifying the other sections. Several people were injured. Are they terrorists?,» Kishan Reddy asked.

British Airways and Air India preparing to mount new flights to capitalise on the travel boom. London is one of the most lucrative destinations for carriers connecting to India as the British capital is home to a large Indian diaspora besides being a leading tourist and business destination for Indians. British Airways operates 56 daily flights from Heathrow to Delhi, Mumbai, Chennai and Hyderabad. It will add a new daily Delhi-Heathrow flight from April next year which will augment the carrier's total flights to India to 63 per week.

Radisson Hotel Group has launched Braille menus in its hotels across South Asia. This initiative aims to make dining easier for guests who are visually impaired. The launch is part of a partnership with the Confederation of Indian Industry’s (CII) Young Indians. With the introduction of Braille menus at its 125 hotels, Radisson Hotel Group allows visually-impaired guests to explore their meal options and make their own choices. This helps them feel more independent during their dining experience. Additionally, some hotels will use scannable audio QR codes, letting guests listen to the menu at their own pace. “Introducing Braille menus is an important step toward building inclusive dining experiences, ensuring that everyone—regardless of their abilities—feels valued,” Nikhil Sharma, Managing Director and Senior Area Vice President for South Asia at Radisson Hotel Group, said

Disney Star has successfully partnered with eight sponsors for the upcoming season of the Pro Kabaddi League (PKL), enhancing its presence across Linear, Digital, and on-ground platforms. Notable sponsors include Dream11, Shriram Finance, ROFF, Parimatch Sports, HP Lubricants, and Mother Dairy, solidifying PKL's status as one of the leading sporting events in India. The broadcaster generates over Rs 100 crore in ad revenue from the property. With its increasing popularity, this season aims to engage a diverse audience through exciting brand collaborations and a unique mix of sports and entertainment. Fans can anticipate thrilling Kabaddi matches alongside fresh, innovative content designed to elevate the viewing experience.

Malaysia Airlines and IndiGo entered a strategic codeshare partnership following the Memorandum of Understanding (MoU) signed in April 2024. The partnership aims to boost connectivity and elevate the traveller experience across its key hubs within Malaysia and India.

Eldercare startup Primus Senior Living has raised $20 million in a seed funding round led by General Catalyst, with participation from Zerodha cofounder Nikhil Kamath and Gruhas, the investment firm co-founded by Kamath and Abhijeet Pai of Puzzolana Group. General Catalyst contributed $7 million to the round, while Kamath and Gruhas invested the remaining $13 million, according to Adarsh Narahari, founder and managing director of Primus. Led by Narahari, Bengaluru-based Primus is developing a comprehensive eldercare platform offering various services, including healthcare, wellness, lifestyle, and social engagement—all delivered to elders in their homes.

Blinkit, the quick-commerce arm of food delivery major Zomato, has rolled out 10-minute returns for footwear and clothing categories. “Customers can initiate a return/ exchange in case of a size or fit issue with the delivered product. This solves a crucial problem of size anxiety for categories like clothing and footwear,” Albinder Dhindsa, chief executive of Blinkit, wrote in a post on microblogging platform X (formerly Twitter). Dhindsa said that the Zomato-owned platform has been testing the return feature in Delhi NCR for a few weeks and has now enabled it for Mumbai, Bangalore, Hyderabad and Pune, with plans to expand to more cities soon.

The report highlights that Gurugram has experienced the most significant increase in newly-launched housing prices, jumping from Rs 7,500 per square foot in 2019 to Rs 19,500 per square foot in 2024. It marks an increase of 160% in five years. Noida has experienced a price jump from Rs 6,500 in 2019 to Rs 16,000 in 2024, reflecting a rise of 146% in five years. Bengaluru prices has risen from Rs 5,051 in 2019 to Rs 10,020 in 2024, a notable increase of 98% in five years. In Hyderabad, the price rose from Rs 4,686 in 2019 to Rs 8,500 in 2024, representing an 81% rise in five years. Chennai recorded a surge from Rs 4,451 in 2019 to Rs 8,023 in 2024, indicating an 80% rise during the five-year period.

Hyderabad received the wrong food order from Zomato and was bizarrely told to «please have it» when she complained. The situation arose when Ananya, a resident of Hyderabad, placed an order for chicken manchurian through Zomato, but the restaurant mistakenly sent her chicken 65 instead. Upon noticing the mix-up, Ananya reported the issue to Zomato and managed to reach out to a customer support agent—no small feat, as many users have found it increasingly difficult to bypass Zomato’s AI chatbot, Zia, for direct assistance. Despite her efforts, the representative, Syeda, could not resolve the problem and simply advised Ananya to accept and eat the incorrect dish. Ananya shared a screenshot of her conversation with the Zomato agent on X (formerly Twitter), where she had written, «I ordered chicken manchurian, not chicken 65.»

ANSR, a consultancy that helps multinational companies set up global capability centres (GCCs) in India, has acquired a majority stake in Bengaluru-based Summit Consulting Services for Rs 45-65 crore ($5-8 million) in a cash and stock deal. The acquisition will help ANSR expand its solutions to mid-sized GCCs as they scale operations, ANSR cofounder Vikram Ahuja said. Summit Consulting will continue to maintain independent operations and serve its customers with its 45-50 employees in the company, according to people associated with the firm. Sandeep Sharma, founder and chief executive of Summit Consulting, will join the leadership team of ANSR.

Skill Development & Entrepreneurship on Monday said it has entered into a partnership with Meta to launch an AI Assistant for the Skill India Mission and establish five centres of excellence in virtual reality and mixed reality. Under the partnership, an innovative AI-powered chatbot powered by Meta's open-source Llama model will be developed to enhance the learner experience on the Skill India Digital (SID) Portal. Moreover, the five centres of excellence at National Skill Training Institutes (NSTIs) in Hyderabad, Bengaluru, Jodhpur, Chennai, and Kanpur will equip learners and instructors with the latest VR technology to learn and enhance existing skills in a safe, immersive, and engaging environment, according to a statement.