City Hyderabad Financial News

Residential real estate sales in India were at their highest since the peak seen in 2013, witnessing a 33 percent YoY growth, with a total of 4.10 lakh units sold during calendar year 2023, according to the latest report by PropTiger.com.

BENGALURU : The second half of 2023 saw an uptick in office demand and leasing, propelled by global capability centres (GCCs), flex operators, and domestic corporates. Is this the beginning of a sustained recovery curve for the commercial office sector? Mint explains: After a seven-year bull run, the sector cooled in 2020 when offices shut down due to the pandemic and work-from-anywhere became the new norm. Companies postponed leasing decisions and renegotiated rentals, leading to a rise in vacancy.

shop online. After the Covid lockdowns, retailers had started shutting stores or reducing the size of stores to save on rentals.

Career enablers such as flexi-timing and remote working play a crucial role in women’s workforce participation, a study by leading diversity, equity, and inclusion (DEI) solutions company Avtar group has said. However, workplace enablers extended by employees alone cannot ensure women’s sustained employment; it requires significant investment from the city and state, as per the second edition of ‘Top Cities for Women in India (TCWI)’ index. The index ranks Chennai, Bengaluru, Pune, Mumbai, and Hyderabad as the top five cities for women in India. The scores are based on three parameters – social inclusion, industrial/workplace inclusion, and citizen experience (safety, etc).

Adani Group on Wednesday held discussions with the Telangana government to set up a data centre and aerospace park in the state, an official release said. Adani Group representatives led by CEO of Adani Ports and SEZs Karan Adani and CEO of Defence and Aerospace Ashish Rajvanshi met Chief Minister Revanth Reddy in Hyderabad. The chief minister assured the Adani delegation that the state government would provide the required amenities, infrastructure and subsidies to new industries to promote industrial growth and create more employment opportunities.

Many big names of India Inc, from Hindustan Unilever to ICICI Bank to LIC, have received tax demand on the eve of new year as authorities sought to meet the deadline to raise claims. Even many smaller GST taxpayers have also received tax demand. The notices range from mismatch of input tax credit, mismatch in turnover for various returns to demand for non-payment of tax on payments made to expats (in case of MNCs) for which demand has been raised. For instance, Life Insurance Corporation of India (LIC) has been slapped with two demand notices recently. One notice of Rs 806 crore for alleged short payment of GST for 2017-18 for Maharashtra, the insurer said in a regulatory filing. The insurer shall file an appeal before Commissioner (Appeals), Mumbai against the said order within the prescribed timelines, it said.

₹3,390 per share resulting in a 1.44 per cent stake in the company. The Avenue Supermarts' promoter through his investment vehicles Derive Trading and Bright Star, already holds 30.7 per cent stake in the company. Along with Damani, SBI Mutual Fund (SBI MF) also acquired 2.25 lakh shares of VST Industries today, at an average price of ₹3,390 per share, according to BSE.

AIMIM chief Asaduddin Owaisi of provoking the country's youths by «communalising» the consecration of the Ram temple in Ayodhya. Rural Development Minister Giriraj Singh said both Hindus and Muslims in India have the «same DNA», and urged Hindu youths to pledge that no attacker will be able to harm the Ram Temple in Ayodhya. He was reacting to Owaisi's reported remarks where, while referring to Babri mosque, the AIMIM asked the Muslim youths if they don't feel the pain that «the place where we sat and recited the Quran for 500 years is not in our hands today».

₹ 200 of fuel, while four-wheelers are limited to 5 litres or a maximum value of ₹ 500, NDTV reported. ALSO READ: Drivers launch protest across India against increased jail term for hit-and-run cases Tapan Sharma, a former president of the Ahmedabad Motor Transport Association in Gujarat, told PTI that the protests occurred spontaneously. "The association has not called for a strike.

Star Sports’ broadcast of IPL Auction 2024 which was held on December 19, has equalled the highest viewership for any ‘mini’ auction in BARC history. The live auction was watched by 22.8 million viewers, which is 29 per cent higher than last year.

David Warner has made an emotional plea for the return of his backpack containing the Baggy Green. The backpack was stolen from the Australian cricketer's luggage while being transported from Melbourne Airport to Sydney Airport. Also Read | IPL 2024 auction: Sunrisers Hyderabad block David Warner on Instagram, Australian star shares screenshots In an Instagram post informing about the lost backpack, Warner wrote, “Hi all, this is my last resort.

₹24.75 crore. What explains this? First, Starc is a great T20 bowler, who has taken 170 wickets in the 121 T20 appearances at an average of 19.5 per wicket and an economy rate of 7.5 runs per over. Second, he will be playing IPL after eight years, bringing a certain novelty to the tournament and the team that he will play for.

Hyderabad, Actor Prabhas on Monday wished his fans a happy new year and thanked them for showering love on his latest release 'Salaar: Part One — Ceasefire'. Directed by Prashanth Neel, 'Salaar: Part One — Ceasefire' hit the screens on December 22.

The government’s proposal to certify practitioners of traditional medicine, those who do not have a medical qualification or standardised professional training but still seem to be effective at what they do, is a bad idea. The government would do well to abandon such a move. What it should do, instead, is try and understand the science behind esoteric practices that have no place in the standard medical practice taught in recognised medical colleges but are effective in the real world.

Driven by policy reforms, positive consumer sentiment, rising disposable income and growing demand for bigger homes, the real estate sector in India has experienced remarkable growth in 2023, surpassing the growth rates of all previous years and breaking all records.

digital infrastructure and technology sector. This prediction is supported by several key factors, including government initiatives, increased foreign investment, a burgeoning startup ecosystem, and a growing talent pool in the technology sector. Firstly, the Indian government has been actively promoting digitalization across various sectors.

Hyderabad Traffic Police has issued rules and regulations to control the traffic movement. «People are requested to kindly follow traffic rules for their own safety and co-operate with the police personnel on duty,» the official notification of Hyderabad Traffic Police read. Check all the rules and regulations here:

startups are set to launch their payloads to demonstrate microsatellite subsystems, thrusters or small engines that keep satellites in desired orbits, and radiation shield coating for satellites on board ISRO's PSLV-C58 mission on Monday. Hyderabad-based Dhruva Space will validate the functionality and robustness of the P-30 nanosatellite platform and its various subsystems in-orbit as part of 'Launching Expeditions for Aspiring Payloads — Technology Demonstrator' (LEAP-TD) payload on the PSLV-C58 mission that will launch the XPoSat satellite.

Congress formed its first government in Telangana in 2023, humbling the mighty BRS but Chief Minister A Revanth Reddy has his task cut out to ensure the momentum continues in 2024 to see the party emerges victorious in the Lok Sabha polls. Hailed as the architect of the grand old party's southern success amid an unimpressive electoral show in Rajasthan, Madhya Pradesh and Chattisgarh, the energetic Reddy needs to ensure Congress pockets as many Lok Sabha seats as possible out of the 17 segments up for grabs, to consolidate his position.

Republic Day, which falls on Friday this year, is the only national holiday when banks will be closed for long weekend as it is followed by fourth Saturday and Sunday. List of long weekends in 2024: Plan your holiday trips now to save money in the new year Here is a look at bank holidays in January 2024 across states: January 1 (Monday) New Year’s Day- Banks are closed in Mizoram, Tamil Nadu, Sikkim, Arunachal Pradesh, Manipur, Nagaland, and Meghalaya these states will be closed on January 1 on the occasion of New Year’s Day. January 2 ( Tuesday) New Year’s Celebration: Banks will be closed in Mizoram. January 11 (Thursday), Missionary Day: Banks closed in Mizoram. January 15 (Monday); Uttarayana Punyakala/Makara Sankranti Festival/Maghe Sankranti/Pongal/Magh Bihu- Banks closed in Karnataka, Orissa, Tamil Nadu, Andhra Pradesh, Telangana, Sikkim, Assam. January 16 (Tuesday); Thiruvalluvar Day- Banks closed Tamil Nadu. January 17 (Wednesday)- Uzhavar Thirunal/Sri Guru Gobind Singh Ji Birthday- Chandigarh and Tamil Nadu, January 22 (Monday)- Imoinu Iratpa- Banks are closed in Manipur. January 23 (Tuesday)- Gaan-Ngai- Banks are closed in Manipur. January 25 (Thursday)- Thai Poosam/Birthday of Md. Hazarat Ali- Tamil Nadu, Maharashtra, Uttar Pradesh. January 26 (Friday)- Banks are not closed in Tripura, Uttarakhand, Bengal.

India’s real estate sector has been an essential contributor to the country’s economic development, especially in a year marked by resilience and growth. The sector has demonstrated sustained growth and adaptability, highlighting its crucial role in steering India’s economic progress towards prosperity and innovation. The commercial realty market, which includes office spaces and retail developments, showed significant growth trends throughout the year. The commercial realty sector is expected to continue growing in office leasing, supported by India-facing businesses and Global Capability Centers (GCC).