City Hyderabad Financial News

12.01 / 05:17
Citi Platform security Metro trends beautiful Quick fashion set to redefine India’s apparel retail battle in 2026
Subscribe to enjoy similar stories. Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected]. The demand for instant deliveries has intensified competition in India’s fashion retail industry, pushing platforms and startups alike to bet on speed as a key differentiator, setting the stage for a more execution-intensive battle in 2026.
10.01 / 09:43
UPS Citi FIVE Manufacturing security Mobile country Top electric bus makers gear up for govt’s 6,230-bus mega tender
Subscribe to enjoy similar stories. New Delhi: India’s top electric bus manufacturers are gearing up for the government’s next mega tender of 6,230 electric buses, cumulatively valued at over ₹6,000 crore, to be deployed across five cities—Delhi, Mumbai, Pune, Ahmedabad and Hyderabad—according to tender documents released on 9 January. Delhi, grappling with severe air pollution, will get the largest allocation of 3,330 electric buses through this round of procurement, the tender document, reviewed by Mint, showed.
08.01 / 10:41
markets Discover TikTok social pop Updates International The ‘Indian baddie’ moment does not impress Indian women—It only reveals the West’s colonial hangover
There’s been a curious phenomenon on my social media feeds over the last few weeks: The internet has suddenly discovered Indian women, and decided that we are... ‘hot.’The so-called rise of the Indian ‘baddie’ (Gen-Z slang for a woman who is attractive and stylish) has been fuelled by widely shared clips on TikTok and Instagram of young South Asian women dancing and singing along at pop star Tyla’s recent concert in Mumbai.
05.01 / 00:09
markets UPS Provident FIVE Manufacturing Updates Relationships Country’s second-largest battery maker wants to crack North American market
New Delhi: The country’s second-largest battery manufacturer, Amara Raja Energy and Mobility Ltd, is betting on expansion in the US market as part of its bid to double the share of revenue from exports in the next five years.The Hyderabad-based auto ancillary firm is doubling down on building a local distribution network in the North American market to benefit from its edge in one of the advanced technologies in the lead acid battery industry to win incremental business at a time when tariffs in the US have brought uncertainty for Indian businesses, according to a top executive.“One of the most exciting opportunities, especially on the lead acid side, is building ourselves up in North America. That's where we see certain technology trends like a move towards AGM (Absorbent Glass Mat) batteries,” Harshavardhana Gourineni, executive director at Amara Raja, told Mint.“We're the only manufacturer in India that's supplying AGM batteries to the OEMs.
26.12 / 01:11
markets Citi Manufacturing security Mobile Pinnacle show How India's CV biggies missed the bus on a ₹10,900 crore tender
New-age electric bus manufacturers have stormed India’s biggest tender, picking up nearly 80% of the 10,900 e-buses on offer as part of the ₹10,900-crore PM E-Drive scheme, leaving legacy players with little to show for their efforts.Flush with recent investments, companies like PMI Electro Mobility and Eka Mobility offered aggressive, lucrative pricing, securing contracts for 5,210 and 3,485 e-buses, respectively.Among other manufacturers, only Olectra Greentech—an established electric bus manufacturer and a subsidiary of Hyderabad-based EPC company Megha Engineering—managed a partial win, bagging 1,785 e-buses.Bigger names such as Tata Motors and VE Commercial Vehicles (VECV) were caught off guard when the results, revealed on Wednesday, showed they had not won a single contract, according to three executives directly aware of the development. Chennai-based Ashok Leyland missed the tender entirely due to a technical glitch and has approached the Delhi High Court.Government officials and industry executives spoke on the condition of anonymity as the results are so far only known to the bidders and haven’t been made public.
24.12 / 17:51
Citi Provident Target Mobile Discover reports Updates CESL finds lower-than-estimated prices in 10,900 e-bus tender
Mint reported earlier on 1 November that PMI, EKA and Olectra were eyeing this tender. EKA confirmed the development to Mint.
23.12 / 19:13
markets love audience Equality Courts Traffic Updates What it takes to live a consequential life: Do good, love truly and keep trying
My father’s father, my Dada, was born in Sarangarh and lived out his life there. Sarangarh was one of the least consequential of over 550 ‘princely states’ when the British left in 1947, and yet it was one of those that wanted to be independent. To negotiate with Sardar Patel the terms of equal coexistence with India, a three-member delegation was sent by the King of Sarangarh to Delhi that year.
21.12 / 02:19
UPS Digital Manufacturing Align Research Trade electronic Defence, aerospace firms have designs on niche engineers from IITs, competing with Big Tech
NEW DELHI/MUMBAI: Defence and aerospace companies are competing with high-frequency trading companies and tech giants in the clamour for engineers from the Indian Institutes of Technology (IIT), buoyed by their expansion plans and the entry of private firms in the space and defence sectors.These engineers are set to take on advanced manufacturing and product design projects in private companies based in India and seeking billion-dollar business avenues.“With the rise of space-tech startups—not just rocket makers like Skyroot, but also many promising satellite makers and space-intelligence-based startups in Hyderabad, Bengaluru and elsewhere—for the first time, India's top-tier candidates have a reliable and promising career opportunity to partake in truly world-class engineering right from India,” Temasek-backed Skyroot Aerospace said in an email response to Mint.Founded in Hyderabad by Pawan Kumar Chandana and Naga Bharath Daka, who were once colleagues at the Indian Space Research Organisation, Skyroot Aerospace is India’s highest-funded space startup with $95 million in venture capital funding to date. It is set to make its first commercial rocket launch from Indian soil by March 2026.
19.12 / 00:33
markets Provident Target security Mobile Sustainability Updates Former BluSmart executive leads Refex bid to salvage bankrupt EV ride hailer
Mint.The sustainable transport provider, which operates a fleet of more than 1,400 vehicles, is targeting BluSmart’s over 5,000 charging stations and technology stack, and has asked its interim resolution professional (IRP) to reopen the expression of interest (EoI) window after missing the initial deadline, said a person familiar with the matter.The firm is expanding its presence across its five cities of operation: Bengaluru, Hyderabad, Delhi, Mumbai, and Chennai.To be sure, Refex Mobility is a wholly owned subsidiary of conglomerate Refex Industries Ltd, which had been in talks to acquire Gensol Engineering Ltd’s 2,997 electric cars leased to the electric cab operator, but dropped the deal in March after the latter’s ratings were downgraded.Arun, who exited the ride-hailing company during its debt-repayment crisis earlier in 2025, along with chief technology officer Rishabh Sood and chief business officer Tushar Garg, joined Refex Mobility in August as its CEO.In March, credit rating agencies Icra Ltd and CARE Ratings Ltd downgraded Gensol’s credit rating to junk due to delays in debt servicing, prompting Refex Industries to cancel the ₹315-crore deal with Gensol.In April, the Securities and Exchange Board of India (Sebi) barred Gensol, its chief executive Anmol Singh Jaggi and promoter director Puneet Singh Jaggi from the securities market over charges of fund diversion.Soon, the operations of the Jaggi brothers and Punit Goyal-founded company came to a grinding halt, pushing its group companies into insolvency court.The National Company Law Tribunal’s (NCLT) Ahmedabad bench commenced BluSmart Mobility's corporate insolvency resolution process (CIRP) on 28 July on a plea filed by Catalyst Trusteeship over a default
12.12 / 11:41
UPS Citi Food classical stars Features 30 bars we loved in 2025
Subscribe to enjoy similar stories. Speakeasies, wine bars, listening rooms, quirky theme bars, friendly locals, bars with their own labs, bars-within-bars—and did we mention speakeasies? 2025 has been a fantastic year for the already vibrant Indian dining-out scene, with older bars making themselves stronger and newer ones entering the fray in a variety of formats and styles (with speakeasies leading as the most popular format by a mile).
11.12 / 00:55
UPS Provident Booking Platform Airlines reports travelers From Airbus to bus: Private operators hope to retain travellers as demand rises amid ongoing IndiGo fiasco
Subscribe to enjoy similar stories. Private bus operators and online ticketing platforms are hoping to retain more users as travellers stranded by the IndiGo flight cancellation fiasco seek out last-minute travel alternatives. From local travel companies to electric-bus startups, everyone is vying for a share of a market that has lit up like a Christmas tree.
05.12 / 01:15
markets Enterprise Research wellness President diving Microsoft plans bigger data centre investment in India beyond 2026, to keep hiring AI talent
Subscribe to enjoy similar stories. NEW DELHI: Microsoft will keep investing in artificial intelligence-ready data centre infrastructure in India beyond 2026, and continue hiring artificial intelligence (AI) engineers to build value-added solutions, the company’s top India executive said. “As part of our $3 billion investment plan through this year and the next, our Hyderabad data centre—one of the largest in the region—is set to go live by June 2026.
04.12 / 10:21
markets COST IPO FIVE stage rights The hidden cost of Esops and what startup employees miss
Subscribe to enjoy similar stories. When Navneet Gupta left his employer in 2020, he walked out with more than experience—a life-changing Esop payout. As an early employee, his stock options grew in tandem with the company’s rapid rise, driven by a global mobility boom and a series of acquisitions in the cab-hailing segment.
06.04 / 11:05
Progressive stage track reports International cricket SRH vs GT, Rajiv Gandhi International Cricket Stadium Pitch and Weather report
Sunrisers Hyderabad (SRH) prepare to face Gujarat Titans (GT) in the 19th match of IPL 2025 on April 6, Sunday, all eyes will be on the pitch and weather conditions at the Rajiv Gandhi International Cricket Stadium in Hyderabad. The SRH squad, led by Pat Cummins, will be looking to bounce back after a tough stretch of three consecutive losses. Their explosive batting approach, which brought them a massive 286-run total in their opening match, has struggled in subsequent games, leaving them at the bottom of the points table. They’ll be eager to rediscover their form at their home ground, hoping to get back on track against a confident Gujarat Titans, led by Shubman Gill, who are riding high after an impressive victory against Royal Challengers Bangalore.
06.04 / 06:33
WhatsApp President students patient prevention Courts AICC advises Telangana govt to tread carefully on 400-acre land issue in Hyderabad
«She (Natarajan) said the government should also listen to their (students and others) objections. And wait for the Supreme Court's ruling on the land issue too. We will hold consultations with all stakeholders and we should give patient hearing,» a senior Congress leader told PTI. Natarajan is expected to meet some civil society groups also on the issue. The Congress leader said the Kancha Gachibowli land belongs to the state government and the present dispensation fought in the courts and retained it. UoH sources told PTI that some student groups and some employees of the varsity are likely to meet Natarajan on Sunday.
05.04 / 08:01
Target Ball Dreams WhatsApp stars Sporting bowling CSK vs DC Live Streaming Today: Time, date, and how to watch IPL 2025 match online for free
Chennai find themselves in unfamiliar territory, sitting eighth on the points table after three matches. They’ve managed just one win and suffered back-to-back defeats against Royal Challengers Bengaluru and Rajasthan Royals. In contrast, Delhi Capitals are soaring. They’ve won both their matches this season and currently sit in second place, behind Punjab Kings.
04.04 / 13:09
markets UPS Citi Sustainability FLEX trends Kolkata office transactions at 0.16 mn sq ft, residential sales reach 3,858 units in Q1 2025
Kolkata’s real estate market exhibited a mix of trends in the first quarter of 2025, with office space transactions witnessing a decline, while residential sales remained steady despite a slight dip. According to Knight Frank India’s latest report, India Real Estate: Residential and Office January — March 2025 Q1 2025, a total of 0.16 million square feet (mn sq. ft.) of office space was leased in Kolkata during Q1 2025. This marks a 16% decline from Q1 2024, when 0.20 mn sq. ft. was transacted. However, despite the drop in leasing activity, average transacted office rents rose by 9% to Rs 42 per sq. ft. per month, making it the highest among India’s top eight cities, alongside Hyderabad.
04.04 / 12:33
markets Citi Juniper rock hospital travelers International Is it an office or a hotel? Investors repurpose spaces as sellers hold out
Subscribe to enjoy similar stories. Indian hotel operators have run into high valuations and a lack of quality assets as they seek to expand in a market hungry for luxury travel. They have turned creative to overcome these hurdles by acquiring properties that can be redeveloped or repurposing office buildings into hotels and even incorporating apartments into their projects.
04.04 / 07:35
UPS Ball security show cricket bowling Venkatesh Iyer fires back at his IPL price tag, says 'doesn't matter if its Rs 20 lakh or Rs 20 crore...'
Kolkata Knight Riders splashed a whopping Rs 23.75 crore to secure Venkatesh Iyer at the IPL mega auction, the cricketing world went into a frenzy. The price tag made him KKR's most expensive player ever and the third costliest buy in the league's history. But after scoring just 9 runs in his first two outings this season, murmurs turned into full-blown debates—was he really worth the money? However, his innings against Sunrisers Hyderabad was enough to show the class player that he is. Iyer has finally opened up on the costly buy and the pressure it builds on players like him. «I won't lie, there is a little pressure. You guys talk so much,» Iyer quipped at the post-match press conference. «But being the highest-paid player (in KKR) does not mean I have to make runs in every match.» «It's about how I am winning for the team and what impact I am able to make. The pressure is not about how much money I am getting or how many runs I have to make. That's never been the pressure on me,» he said firmly.
04.04 / 06:27
Digital Boxing film Actor show country stars Sikandar Day 5 box office: Salman Khan’s film collects just Rs 5.75 crore
Salman Khan’s Sikandar has seen a further drop in its earnings. The movie, which released on March 30, has witnessed declining box office collections since Eid. On Thursday, April 3, Sikandar saw a fall of 41.03 percent in its collection. As per Sacnilk, Sikandar grossed Rs 5.75 crore on April 3, bringing its total domestic earnings to Rs 90 crore.
03.04 / 12:47
Target Digital Booking Platform Gap students cover Securis Finance bags NBFC licence from RBI
Securis Finance, a subsidiary of FirstPay Technologies, has received approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC). The company plans to disburse Rs 100 crore in education loans in its first year, initially targeting key educational hubs such as Bengaluru, Mumbai, Delhi-NCR, Hyderabad, and Pune on a pilot basis. Securis Finance is a fully owned subsidiary of FirstPay Technologies, which operates Junio, a digital pocket money smart card for teenagers. Securis Finance aims to offer loans ranging from Rs 50,000 to Rs 5 lakh, addressing a major gap in access to credit for teenagers. Its lending solutions will cover diverse educational needs, including school fees, college tuition, coding boot camps, and entrance exam coaching.

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