City Hyderabad Financial News

Read more Tata Motors announced its January-March quarter results for fiscal 2023-24 (Q4FY24), reporting a surge of 222 per cent to ₹17,407.2 crore, compared to ₹5,400 crore in the corresponding period last year. India's most valuable carmaker beat D-Street estimates as it reported a more than three-fold increase in net profit driven by a tax credit surge and strong performance across all its auto businesses. Read more Air India Express has sacked around 25 employees after they did not report to work on Wednesday, May 8.

Alternative Banking Options: Despite the closures, customers can continue to manage their finances using mobile and net banking services. These platforms offer a range of financial services that are accessible even on bank holidays. The Reserve Bank of India (RBI) classifies bank holidays under three categories: Negotiable Instruments Act Holiday, Real Time Gross Settlement Holiday, and bank account closures.

surveillance capabilities along the Pakistan border, the Indian Army is set to receive the first Hermes-900 Starliner drone on June 18. The Hermes-900 known as the Drishti-10 drone is being supplied to Indian forces including Indian Army and Navy by AdDefence Systems. «The first of the two drones to be acquired by the Indian Army would be handed over to the force on June 18 in Hyderabad. The supplies are part of the deal signed under the emergency powers given to forces by the Defence Ministry,» defence officials told ANI.

ALSO READ: Mohammed Shami slams Sanjiv Goenka for outburst against KL Rahul: Ye sharam ki baat hai… According to Sharma, he was supposed to book tickets for his parents to Hyderabad but mistakenly booked them a flight to Amritsar. His parents were supposed to go to Hyderabad to see him play against LSG, but it never happened. “I was talking to my mom-dad.

A post shared by Naveen ul haq Murid (@naveen_ul_haq) Naveen ul Haq's post came after Lucknow Super Giants' official handle on X (formerly Twitter) posted that they were hurt after that defeat against Sunrisers Hyderabad but expressed confidence in LSG's resilience and potential to make a comeback in the game. “We're all hurt by that game.

₹1,000 crore. The three malls will be acquired from Larsen and Toubro (L&T), a person aware of the development told Mint. Dalip Sehgal, executive director and chief executive at Nexus Select Trust, said in an interview Friday, “It is difficult to name [the malls] since the permissions have not [yet] come in.

Akshaya Tritiya, also known as Akti or Akha Teej, is an Indian festival celebrated on the third lunar day (tithi) of the bright half (Shukla Paksha) of the month of Vaisakha. The term 'Akshaya' translates to 'never diminishing', and it is believed that buying gold on this day ensures unending wealth. Best Time to Buy Gold on Akshaya Tritiya 2024 Gold holds significant value in Indian culture, symbolizing wealth and purity. Purchasing gold on Akshaya Tritiya is considered auspicious and is believed to bring blessings and symbolize boundless prosperity. The best time to buy gold on Akshaya Tritiya in 2024 is from May 10, 2024, at 05:33 AM to May 11, 2024, at 02:50 AM.

acquisition activities, with several small and midsize firms announcing deals in the past four months in segments ranging from consulting and startups to engineering services, data and analytics. Most of them are making acquisitions to strengthen their capabilities so that they do not miss out when the demand for technology spending, especially in discretionary projects, returns, say analysts. Big IT firms such as Infosys, HCLTech, Wipro and Cognizant too have announced M&A deals in recent months, but the numbers were fewer compared with their smaller rivals.

invested nearly ₹300 crore to fund the construction of a new villa development project by Cybercity Builders & Developers in Hyderabad, said people with direct knowledge of the matter. Part of the funding will also go towards acquiring land that Cybercity Developers bought from Phoenix Group, the people said. One of the subsidiaries of Phoenix Group had earlier purchased the land from erstwhile owner Gulf Oil India, a Hinduja Group company.

KL Rahul's future as Lucknow Super Giants skipper has become a topic of intense debate after his team received a pasting at the hands of Sunrisers Hyderabad on Wednesday. It is being speculated that the skipper may step down and concentrate on his batting in the remaining two games. However since it's a matter of just two games, Rahul is expected to continue as leader of the pack. «There is a five-day gap before the next game against DC. As of now, no decision has been taken but it is understood that if Rahul plans to just concentrate on his batting for the remaining two games, no one would mind,» an IPL source told PTI on conditions of anonymity. A video of LSG owner Sanjiv Goenka's agitated conversation with Rahul emerged on social media after Sunrisers Hyderabad openers Travis Head (89 not out off 30 balls) and Abhishek Sharma (75 off 28 balls) bludgeoned the LSG attack to overhaul the 167-run target in less than 10 overs.

AIMIM president Asaduddin Owaisi and his brother Akbaruddin, saying that if police were removed from duty for “15 seconds"., they brothers would not know from where they came and where they went. "The younger one (Akbarauddin) says remove the police for 15 minutes and we will show what we can do. Let me tell the younger one, you will take 15 minutes; it will be only 15 seconds for us.

Enforcement Directorate (ED) is expected to soon file a fresh charge sheet in the Delhi excise policy-linked money laundering case and it may name Chief Minister Arvind Kejriwal, BRS leader K Kavitha and some others as accused, official sources said on Thursday. The federal agency had arrested Kejriwal from his official residence here on March 21 under the Prevention of Money Laundering Act (PMLA) while Kavitha, the MLC daughter of former Telangana chief minister K Chandrashekar Rao, was taken into custody from Hyderabad on March 15. Official sources said a prosecution complaint against half-a-dozen entities, including the two politicians, some linked individuals and companies, has been readied and the agency may file it before a special PMLA court here within the next 4-5 days. The accused will be charged with money laundering and the prosecution complaint will be filed under sections 45 and 44(1) of the PMLA, the sources said.

fashion brands is a matter of concern as they contribute 50% of the business of Nexus Select Trust which operates 17 malls across the country with over 10 million sq ft of space, Dalip Sehgal, Executive Director and Chief Executive Officer told ET. Blackstone backed India’s first publicly listed retail Real Estate Investment Trust (REIT) is looking to invest Rs 1,000 crore in acquiring three malls in Hyderabad to take the total portfolio to 20 malls and 11 million sq ft. “The way fashion brands are doing is a matter of concern for us but other category such as electronics and beauty are growing by 18-20% and helped us in achieving the target. In fashion segment also, some of the D2C brands are doing really well so the existing brands need to reinvent and I believe the second half of the year will be better,” said Sehgal.

ALSO READ: Sanjiv Goenka seen ‘publicly scolding’ KL Rahul; netizens fume, ‘can’t humiliate a senior Indian player like this’ "This team has shown resilience over the last two years, and we'll show it again. Thank you for sticking with us, LSG Brigade (sic)," it added. Batting first, LSG set a target of 166 runs in 20 overs for SRH.

order inflow growth at 31% year-on-year in FY24 was ahead of its 20% growth guidance. This provides robust execution visibility. While order inflows in the March quarter at Rs56,050 crore fell 8% year-on-year, led by a fall in domestic orders due to the ongoing elections, the order book at ₹4.8 trillion was at a record high.

Also Read: 'Remove police for 15 seconds': In Hyderabad BJP leader Navneet Rana issues open threat to Owaisi brothers Reacting to her remark, Asaduddin Owaisi said he would like to tell Prime Minister Narendra Modi to give her even one hour. "I tell Modi ji - give her 15 seconds. What will you do?...Give her 15 seconds, give her 1 hour.

₹3,725 each. Today, they are trading at ₹9,084, marking an impressive gain of 144%. What's particularly notable is the stock's consistent positive performance, with 10 out of the last 12 months ending with gains, including a substantial 38% increase in April.

Indian students in American universities 'scared to travel alone', stay 'situationally aware' after 2 deaths in a week In a letter to Union Minister G. Kishan Reddy, Sadanandam appealed for assistance in locating his missing son. Kishan Reddy, the Minister for Culture, Tourism, and Development of the North Eastern Region, Government of India, wrote to the Ministry of External Affairs on May 8, requesting that the Consulate General of India (CGI) in Chicago aid in tracing Rupesh, who has been missing “@DrSJaishankar, @kishanreddybjp, Sir please speak to concern Chicago police Department about the missing of Rupesh Chandra Chintakindi.

Sunrisers Hyderabad to a 10-wicket victory over Lucknow Super Giants on Wednesday. SRH bowlers started brilliantly before losing the plot as Ayush Badoni and Nicholas Pooran joined hands to guide LSG to a competitive 165 for four on a sluggish pitch in an Indian Premier League match. Also Read: Mumbai Indians want LSG to beat SRH; here's why -Head (89 not out, 30b) and Abhishek (75 not out, 28b) pummelled LSG bowlers for their stand for the opening wicket, and raced past the target of 166 in just 9.4 overs.

summer and unprecedented heatwave conditions across the country have bumped up online demand for products like air-conditioners and coolers, boosting overall ecommerce sales, analysts and companies said. Sales on quick-commerce platforms too have benefitted, as the purchase of products like ice creams and beverages has shot up, and as the extremely hot weather kept people indoors and away from stepping out to shop at offline stores.

IPL, fans are worried about a rain scare in Hyderabad. As per the India Meteorological Department (IMD), Hyderabad will witness “Generally cloudy sky with a few spells of rain or thundershowers". The Weather Channel predicts “partly cloudy" conditions.