City Hyderabad Financial News

NTT DATA Business Solutions AG, a company of NTT DATA and a leading global IT service provider focused on the mid-market and SAP, announces the acquisition of a majority stake in ProvenTech Pvt Ltd, Hyderabad, Telangana, India. ProvenTech is specialized in providing cutting-edge GenAI-driven Quality Management and Manufacturing solutions to Pharma, Healthcare and Food industry, leveraging its own products, SAP© S/4HANA and other enterprise software. Founded in 2020, the company offers a unique and comprehensive portfolio including its own SaaS solutions, automation, integration and advisory services to meet the diverse needs of the pharmaceutical industry.

Chandrababu Naidu has made history by becoming the first chief minister of Andhra Pradesh to get a fourth term, outperforming his father-in-law and TDP founder NT Rama Rao who had got three terms in united Andhra Pradesh.

Combined Graduation Parade (CGP) of the 213 Officers' Course will be held on June 15 at the Air Force Academy (AFA), Dundigal, Hyderabad, the Ministry of Defence said in a release.

Air India chief executive officer and managing director Campbell Wilsonsaid at the CAPA India aviation summit. Sensing an opportunity, several foreign airlines have firmed up plans to approach the government with their requests. “Today we have not exhausted the bilaterals, in terms of number of seats per week but we have hit the limit in terms of number of stations," Sanjiv Kapoor, executive vice-president, strategies of the Saudia Group told Mint.

Gadgil-Mukherjee formula, made up about 30% of total central assistance. They also benefit from a favourable funding ratio on centrally sponsored schemes, for which the union government covers 90% of the costs and the state only needs to cover 10%.

Cherukuri Ramoji Rao, the illustrious media tycoon and founder of Eenadu and Ramoji Film City, passed away early Saturday morning at the age of 87. He died while undergoing treatment at Star Hospital in Hyderabad, taking his last breath at 3:45 am.

media tycoon and founder of Eenadu and Ramoji Film City, Ramoji RaoCherukuri Ramoji Rao passed away in the early hours of Saturday at the age of 87. The media baron passed away while undergoing treatment at Star Hospital in Hyderabad. He took his last breath at 3:45 am.

Mumbai: The monsoon marked its arrival in Maharashtra on June 6, by entering the southern Konkan region, said DDG of the Regional Meteorological Centre of Mumbai

This election placed the Constitution of India in the national spotlight, but what its results have brightened overnight is the prospect of Amaravati emerging as an entirely new city to serve as the capital of Andhra Pradesh (AP). A prime mover of this project, N. Chandrababu Naidu of the Telugu Desam Party (TDP), has risen to political prominence.

major cities have risen by 24 per cent since 2019 due to higher supply, but realty firms will take 31 per cent less time to sell these units because of high sales velocity, according to JLL India. In a report released on Thursday, real estate consultant JLL India said the actively selling unsold housing inventory has reached about 4,68,000 units by March 2024, a 24 per cent increase since December 2019, across seven major cities — Delhi-NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata.

Congress party, which had routed the BJP from the Lingayat bastion of Mumbai-Karnataka in the assembly polls last year, failed to recreate the magic in the Lok Sabha elections, winning just one out of seven seats in the region. Hyderabad-Karnataka, however, proved to be a different story, with AICC president Mallikarjun Kharge's home ground faithfully voting in his party in all its five seats.

15 Muslim candidates are leading in various constituencies across the country, including the TMC candidate from Berhampore, Yusuf Pathan who has maintained a comfortable lead against Congress veteran Adhir Ranjan Choudhary.

₹6,012.5 crore. New launches and sustaining sales momentum in ongoing projects translated into highest ever collections of ₹5,915.1 crore in FY24. The outlook for FY25 is also upbeat.

India’s urban centres, seen as hubs of progress, often appear to take on a prime role in shaping the political discourse. Voting numbers at around 10.45 am in 30 select constituencies across six metro cities show that Narendra Modi’s Bharatiya Janata Party (BJP) has increased its vote share to 44.4% in the current Lok Sabha election, from nearly 39% in the 2019 election and 32% in 2014. Congress’ vote share in these constituencies has also increased, from 17.8% in the previous national election to nearly 21% as of the latest data.

That India has made impressive strides in expanding its road infrastructure is undeniable and very visible. Going by historical metrics, one can also possibly justify this expansion. After all, India has a mere 5.13km of road length per 1,000 people, against more than 20km in the US.

Telangana, counting for all constituencies (17 in total) opened at 8 am on June 4. The constituencies are: Adilabad, Peddapalle, Karimnagar, Nizamabad, Zahirabad, Medak, Malkajgiri, Secunderabad, Hyderabad, Chevella, Mahbubnagar, Nagarkurnool, Nalgonda, Bhongir, Warangal, Mahabubabad and Khammam.

India Today show. Vote counting for the 2024 Lok Sabha election results commenced at 8 am. The Hyderabad constituency participated in the fourth phase of polling on May 13.From the Hyderabad constituency, sitting Member of Parliament (MP) and AIMIM chief Asaduddin Owaisi is up against the Bharatiya Janata Party (BJP) candidate Madhavi Latha.

rally, taking heart from the exit polls which have predicted a massive mandate for the Modi government once again. In today's trade, shares of ZEE, M&M Financial, Dr Reddy's, Wipro, Biocon among others will be in focus today due to various news developments. ZEE

India's strong GDP growth of over 6% a year will help push the annual growth in travel spending in the country to roughly 9%, a new McKinsey report released on Monday said. With this growth, India's domestic travel market could overtake Japan and Mexico to become the world's fourth largest by 2030, as per the report titled 'The State of Tourism and Hospitality 2024'. Domestic air passenger traffic in India is projected to double by 2030, buoyed in part by a state-subsidised initiative that aims to connect underserved domestic airports and has shifted the development focus away from major metropolises such as Mumbai and Delhi towards fast-developing smaller cities such as Chandigarh and Hyderabad.

names of Union Home Minister Amit Shah and Telangana BJP chief G Kishan Reddy have been dropped from an FIR, filed on a complaint relating to the alleged use of minors in a poll campaign of the saffron party here last month, police said on Monday. In the complaint to the Telangana Chief Electoral Officer (CEO), TPCC vice-president G Niranjan alleged that on May 1 during a BJP rally from Laldawaza to Sudha Talkies, a few minor children were on the dais with Shah. The CEO forwarded it to the city police for a factual report, resulting in the registration of an FIR against Shah, Reddy, BJP candidate for the Hyderabad Lok Sabha seat K Madhavi Latha, Legislator T Raja Singh and BJP leader T Yaman Singh. However, after due inquiry, it was found that Amit Shah and Kishan Reddy had no role in the incident, a police official said.

aviation ministry has set in motion the urban air mobility project with the setting up several technical committees to pave the way for India's first ait taxi to take-off by 2026, as was being planned for some time.