City Hyderabad Financial News

Byju's and submit the report, a senior official said on Monday as trouble continues to brew at the edtech firm. The ministry, which is implementing the companies law, will decide the further course of action after receiving the report from its regional office. In July 2023, the ministry had asked the office of the Regional Director in Hyderabad to conduct an inspection of the company Think & Learn Pvt Ltd, which is registered in Bengaluru. Think & Learn Pvt Ltd operates under the brand BYJU'S.

The real estate market in India has been witnessing exponential boom over the last two years. With rentals skyrocketing, the sector has remained buoyant with property owners enjoying the lucrative appeal of their property investment. And it is interesting to note that the net rental yield in India is one of the highest in the world.

According to the India Meteorological Department, the cyclonic circulation over Marathwada and its vicinity, situated at approximately 0.9 km above mean sea level, has weakened. Currently, a trough extends from Chhattisgarh to northern Tamil Nadu, passing through Vidarbha and interior Karnataka at the same altitude. The wind discontinuity from the aforementioned cyclonic circulation above Marathwada to Coastal Andhra Pradesh via Vidarbha and southern Chhattisgarh, also at 0.9 km above mean sea level, has diminished. In the weather forecast for Hyderabad over the next 48 hours, a partly cloudy sky is expected with misty/hazy conditions prevailing during the morning hours. Maximum and minimum temperatures are forecasted to be around 32°C and 21°C, respectively. Surface winds are anticipated to be from the southeast direction with speeds ranging from 06-10 kmph.

BRS leader K Kavitha has asked the CBI to withdraw the notice issued to her under Section 41-A of CrPC summoning her for questioning in connection with the Delhi excise policy scam case. She was asked to appear before the investigation team at the CBI headquarters here on Monday. In a letter to the CBI, the daughter of former Telangana chief minister K Chandrasekhar Rao said the notice to appear at the probe agency's headquarters should be put in abeyance in the light of her pressing onerous engagements coupled with the necessity of her personal presence in the state while the parliamentary elections are underway. «I may request you to firstly revoke or withdraw the subject notice as it appears to be sent by invoking Section 41A CrPC while not being aware or conscious of the earlier notice sent under Section 160 CrPC,» she said.

₹2,000? Do I have the products required? If the booking checked these four boxes, she’d accept it. Else, she would ignore it. “That was the only way to ensure that I made money on each booking," said the 43-year-old beautician, who requested not to be named for fear of being blacklisted by the company.

India next week as part of their goal to strengthen India-US collaboration and student and scholar mobility between the two countries. The delegation from the American universities will visit 26 institutions in New Delhi, Mumbai and Hyderabad. This visit gains significance in the wake of the recent spate in incidents of attacks on Indian students and those of Indian origin in various parts of the country. The delegation builds on recent years of US and Indian government-led efforts to partner in pursuit of mutually beneficial strategies.

India vs England 4th Test: After securing its largest-ever Test victory in Rajkot, Team India landed in Ranchi on Thursday and is all set for the fourth Test match against England. The Rohit Sharma-led Indian squad is already leading the series by 2-1 and will look to clinch the five-match series with another victory at Ranchi, the home ground of legendary Indian cricketer MS Dhoni.

India and England are all set to lock horns in the 4th match of the 5-match Test series at the JSCA International Stadium Complex in Ranchi. The Rohit Sharma-led side already have an edge in the series, having won 2 of the 3 matches so far, and will be looking to swing the series in their favour in the fourth encounter starting on 23 February. But is an India-England Test series ever complete without some controversy surrounding the pitch? In the past, India have opted for spinning pitches that trouble the batsmen and give the spinners an edge.

Ben Stokes-led England in the fourth Test in Ranchi. Rohit Sharma's side will go into the match with the upper hand after winning back-to-back Tests in Vishakhapatnam and Rajkot, while England won the first Test in Hyderabad.

India will allow foreign airlines to operate non-scheduled cargo flights from all international airports in the country for three years, lifting 2020 curbs that had restricted them to six — Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata and Chennai. This followed lobbying by exporters against the restrictions. While India had an open sky policy in air cargo that allowed unhindered movement by foreign airlines, the government amended it in 2020 to give Indian carriers a boost. However, exporters have been protesting that goods capacity had shrunk as Indian carriers failed to deploy enough aircraft to meet demand.

ALSO READ: DRS at fault? England skipper Ben Stokes says, ‘If the ball's hitting the stumps…’ "We've got to keep on giving him confidence and block out a lot of the external noise and keep him present and focused on what he's trying to achieve, and I'm sure Jonny will come good," he added. Root, who has scored 11,493 runs in 138 Tests with 30 centuries, is also under the scanner. "It's Joe Root, crikey," said McCullum as he batted away criticism of the former captain's lean spell.

TSPDCL) has announced scheduled maintenance work on the 132 KV Kandi-Peddapur feeder on Thursday, February 22. The maintenance will take place from 9:00 am to 5:00 pm and may impact the water supply in certain areas. The Kandi-Peddapur feeder is an essential part of the Singuru project, responsible for providing drinking water to Hyderabad. As part of the maintenance initiative, residents in the vicinity should anticipate partial interruptions in water supply, with some areas experiencing complete disruption. Areas affected by complete disruption include Sheikpet reserve, Borabanda reserve, Lingampa reserve, and on-line supply, in addition to Khanapur Gravity’s 1200 mm main line supply, as reported by The Siasat Daily.

artificial intelligence (AI) in India, the BharatGPT group backed by Mukesh Ambani’s Reliance Industries and top engineering schools in the country aims to launch its first ChatGPT-style service next month. The model is being developed in collaboration with Indian Institutes of Technology, and backed by Reliance Jio Infocomm and the Centre. The consortium — which includes Reliance and eight IITs—offered a sneak peek of the model during a recent technology conference in Mumbai.

Mumbai Metropolis Metaverse which will offer an immersive virtual representation of Mumbai. In this 3D map, the government aims to give the people an idea of how Mumbai (MMR) will look in the coming years and the sort of new amenities the city is going to provide to the Mumbaikars.

Tamil Nadu government in its Budget has said it will incentivise the creation of high paying jobs in new GCCs by providing a payroll subsidy. The move is being lauded by industry watchers and experts as one that could potentially bolster Tamil Nadu to narrow the gap with other GCC hubs like Bengaluru and Hyderabad. «I see this to be a brilliant move to bring the spotlight back on Tamil Nadu which has the unique distinction of having deep technology and domain talent across industries such as manufacturing, automotive, financial services and healthcare,» Ramkumar Ramamoorthy, Partner at Catalincs, a growth advisory firm told ET.

Electric two-wheeler firm Pure EV on Monday said it has raised USD 8 million (around Rs 66 crore) from a consortium of investors. The funding was led by Bennett Coleman and Company Ltd, Hindustan Times Media Ventures, alongside Ushodaya Enterprises Pvt Ltd, existing investors and high net-worth individuals, Pure EV said in a statement. The Hyderabad-based company said it is currently in the final stage of concluding its Series A1 funding round, amounting to USD 25 million with the participation of a foreign institutional investor.

civil aviation security regulator has asked airlines to deploy adequate manpower within 10 days to ensure passengers don't have to wait more than half an hour to collect their luggage. The Bureau of Civil Aviation Security (BCAS) wrote to airlines on Friday, directing them that the first bag should arrive at the carousel within 10 minutes of the aircraft shutting down the engine and the last bag no later than 30 minutes. In January, BCAS monitored baggage arrival time of all airlines at six metro airports — Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata and Chennai — on a weekly basis and found they did not adhere to the standards set in the Operation, Management and Delivery Agreement. Contractual agreement was signed by Airports Authority of India with Delhi and Mumbai airports during their privatisation in 2006. It defines standards of service that the airports have to provide to passengers. «The above monitoring is currently being done at six major airports, However, BCAS has directed the airlines to ensure that the mandated levels are achieved in all airports where they fly,» the regulator said in a statement.

completion of housing units last year at 4.35 lakh units as developers' cash flows improved on better sales, according to Anarock. Real estate consultant Anarock data showed that 4,35,045 units were completed during last year, as against 4.02 lakh units in the previous year. The data pertains to the primary (first sale) residential market. In Mumbai Metropolitan Region (MMR), 1,43,500 housing units were completed last year, up 13 per cent from 1,26,720 units in the previous year.

Rashmika Mandanna escaped death after her Air Vistara flight reportedly made an emergency landing due to a technical glitch and extreme turbulence, according to a report published by Deccan Chronicle. On Saturday, Rashmika shared a picture of herself with actor Shraddha Das on her official Instagram handle. “Just FYI, this is how we escaped death today…," she wrote. The report stated that the plane was carrying Rashmika Mandanna, Shraddha, and other passengers who had a terrifying experience after a technical glitch hit the flight.

₹2,000 crore as current capital work-in-progress, the expansion will increase its total room count to 5,000 in the next three to four years. Sanjay Sethi, the company's managing director and chief executive, told Mint that Chalet Hotels' strategy hinges on capitalizing on demand generated by office spaces in proximity to their hotel properties, ensuring a robust and continuous customer base. In an industry trend moving towards reduced asset ownership and a focus on hotel management, Sethi said that Chalet Hotels stands out by pursuing growth in both its balance sheet and Ebitda (earnings before income, tax, depreciation, and amortization).

Civil aviation security regulator Bureau of Civil Aviation Security (BCAS) has asked airlines to deploy adequate manpower in 10 days so that passengers don’t have to wait at airports for their luggage. The regulator on Friday wrote to airlines saying that the first bag should arrive at the baggage belt in 10 minutes of the aircraft shutting down the engine whereas the last bag within 30 minutes. In January, BCAS monitored baggage arrival time of all airlines at six metro airports- Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata and Chennai on a weekly basis and found that they were not according to the standard set in Operation, Management and Delivery Agreement (OMDA).