City Hyderabad Financial News

IndiGo Airlines' Chief Executive Officer Pieter Elbers on Thursday said the airline's operations will be completely back to normal by the weekend and in due course of next week as flight cancellations over fog-related disruptions in northern India in recent days have come down. Speaking to the media on the sidelines of ‘Wings India 2024’, an aviation conclave and exhibition, at Begumpet Airport in Hyderabad, Elbers said the airline industry witnessed probably the worst fog in many years, impacting flight operations, which has become a challenge. "...If you see, I am sure all of you have seen that...we had probably the worst fog in many years...Many of our stations in northern India were severely impacted by the fog situation...If northern India is under a blanket of deep fog, we are having a challenge," the Indigo CEO said.

Brightcom Group’s case. The Sebi order restrained ace investor Shankar Sharma from selling the company’s shares. Brightcom is a digital marketing firm in Hyderabad.

Sun Mobility on Thursday said it will power and deploy 30,000 scooters of Bengaluru-based startup Bounce Infinity across key markets. These markets – including Bengaluru and Hyderabad, Mumbai, Pune and Delhi – will see Sun Mobility generate business under both its battery-as-a-service and mobility-as-a-service models.

In adherence to its ‘Skill India’ commitment, Airbus has formed a 50:50 joint venture with Tata-owned Air India, marking a significant stride in launching a world-class pilot training center in Gurugram, Haryana.

The unstoppable increase in homebuyers’ appetite for luxury residences firmly indicates that the demand for different categories of luxury properties has kept growing, showing no signs of tail-off. Unlike affordable housing, luxury housing has not witnessed a dry spell and enjoyed a phenomenal consumer demand in pre- and post-pandemic periods.

₹200- ₹600 -South Pavilion (Terrace) ₹200- ₹600 -South Pavilion (Ground Floor) ₹1,250 – ₹3,750 -South Pavilion (First Floor) ₹1,250 - ₹3,750 -North Pavilion Corporate Box (Hospitality) ₹3,000- ₹12,000 -South Pavilion Corporate Box (Hospitality) Rs. 4,000 – Rs.

Jeh Aerospace has raised $2.75 million in a seed funding round led by San Francisco-based venture capital firm General Catalyst. Pratyush Kumar, former president of Boeing India, and Dwarakanath Srinivasan, former CEO and managing director of Airbus India, also participated in the round.

fixed deposits and savings accounts, followed by 16% in gold, 15% in mutual funds, 10% in real estate and 7% in stocks, a new survey shows. The survey, conducted by DBS Bank India and CRISIL, is in line with the behaviour trends from DBS Bank India’s own customer insights, which showed 10% of female customers have an active fixed deposit (FD) account compared with 5% for male customers.

Wings India 2024, commencing January 18 at Begumpet Airport in Hyderabad, Hindustan Aeronautics Limited (HAL), the aerospace, and defense equipment manufacturer, is set to showcase its homegrown civil platforms. Among the highlights are the Hindustan-228 aircraft and the upgraded civil variant of ALH Dhruv helicopter. The HAL stall, spanning four days, will exhibit scale models of LUH (civil variant), Hindustan-228, ALH (civil variant), Line Replaceable Units (LRUs), and accessories related to civil aircraft.

DBS Bank India, said, “Ownership of financial decision making, diverse investment and borrowing choices and growing adoption of digital channels are all evidence that the modern Indian woman is not just a participant, but a planner of her journey." The financial paths of women are as varied as their individuality. The manner in which they save, borrow, and invest money depends on many factors such as age, income, cultural background, and access to resources. As per the survey, women earning in metropolitan areas demonstrate a preference for low-risk investments, allocating 51 percent of their funds to fixed deposits (FD) and savings accounts.

₹110 to ₹120 per share." Last year, the company announced that its subsidiary would sell its stake in Aster DM Healthcare FZC to Alpha GCC for $1.01 billion, which it will use to fund its growth. “One of the reasons for the segregation of the India and GCC business was for the company to exit the GCC region…Having exited the GCC market after a long and thought-through process involving multiple advisors, the company has no intention to re-enter the same GCC market to expand its business," the company added in a statement.

Hyderabad: Following the success of 'Salaar: Part 1 — Ceasefire', actor Prabhas on Monday announced his next film 'The Raja Saab' on the festive occasion of Pongal. According to the makers, the upcoming movie is a «spellbinding romantic horror entertainer», which will be directed by Maruthi. 'The Raja Saab', a pan-India project, will be produced by TG Vishwa Prasad under the People Media Factory banner.

₹40 lakh) in new supplies has been shrinking in the top seven cities, from 24% in Q3 2021 to 18% in Q3 2023, according to Anarock, a property consulting firm. In Q3 2019, this segment accounted for 41%. This drop is driven by several factors, including higher land value and construction costs.

Creditors to bankrupt Go First Airlines have unanimously voted to allow fresh proposals from prospective resolution applicants (RAs) to take over the defunct airline, more than a month after receiving no submissions in a process that ended in November. Five entities have expressed interest in the airline. Three — Sharjah-based aviation company Sky One, Africa-focussed Safrik Investments and budget airline SpiceJet — had submitted expressions of interest (EoIs) last month. Two more entities — US-based NS Aviation and Plan IT, which is a consortium of individuals — also subsequently expressed interest in submitting proposals, said two people familiar with the process. «All these applicants will now have to submit a bank guarantee of Rs 5 crore and give a formal EoI to participate in the process,» said one of the persons.

₹25 crore debt from Northern Arc Capital. Launched in 2017, Amit Gupta along with R. K.

Guntur Kaaram', the highly-anticipated collaboration between Mahesh Babu and director Trivikram Srinivas, witnessed a thrilling opening at the box office, grossing an impressive Rs 41.3 crore on its debut day. However, the excitement was short-lived as the film faced a considerable drop in collections on its second day.

Azamgarh-Delhi-bound Train no. 12225 Kaifiyat Express, was delayed by 3 hours. Meanwhile, Train no.

Pran Pratishtha ceremony at the Ram Temple in Ayodhya, celebratory events have been planned at SitaRam Bagh Mandir in Hyderabad. SitaRam Bagh Mandir is one of the oldest Hindu temples in Hyderabad.

Ram Temple consecration ceremony, the flight rates and hotel accommodation charges have skyrocketed. Data from travel portals like SOTC, Thomas Cook, EaseMyTrip and others show that people are will to pay even lakhs to attend the ceremony and seek the blessings of Ram Lalla. The "Pran Pratishtha" ceremony will be held on January 22.

Chris Morris, a former all-rounder from South Africa, was once the most expensive player in Indian Premier League (IPL) history. In the 2021 auction, the Rajasthan Royals won the bidding war over the Punjab Kings by selecting him with an incredible INR 16.25 crore bid. Then in 2023 after two years his record was beaten by Sam Curran who was taken in by the Punjab Kings with INR 18.50 cr Morris said that although it will put pressure on Starc, the pacer will be able to justify it with his experience and performances. Just hours after his captain, Pat Cummins, broke the Rs 20 crore barrier when acquired by Sunrisers Hyderabad (SRH), Starc made history by being the most expensive player in IPL history when he was purchased by KKR for an incredible Rs 24.75 crore at the Dubai auction in December of last year. It's really good.

₹2.55 crore net in India on its first day for all languages. The movie on its first day witnessed an occupancy of 11.56 percent in the Hindi language with morning shows saw 6.81 percent occupancy, afternoon shows at 8.98 percent, evening shows at 12.14 percent, and night shows at 18.31 percent occupancy, according to Sacnilk.com. For the ‘Merry Christmas’ movie, Chennai recorded the highest occupancy, that is, 58.67 percent in the theatres, followed by Hyderabad at 45.67 percent, Bengaluru at 35.25 percent, Pune at 14.25 percent, Mumbai at 12.75 percent, and Delhi at 8.50 percent.