City Hyderabad Financial News

Buoyed by strong housing demand, the average residential prices in key micro markets across the top 7 cities saw a significant surge in the last three years between October-end 2020 and the corresponding period in 2023.

Average property prices in key locations of top seven cities have surged up to 33% in last three years between October-end 2020 and the corresponding period in 2023, according to Anarock Research data.

IndiGo on Thursday said its flight from Jeddah to Hyderabad was diverted to Karachi on Wednesday due to medical emergency for a passenger who was declared dead on arrival. After completing the formalities, the flight landed in Hyderabad on Thursday morning.

₹1.87 crore. On 21 November, the stock was rewarded by the Street, soaring to a 52-week high of ₹1,415 apiece. As things stand, residential property sales of listed companies have been immune to a rising interest rate scenario.

Reliance Industries Ltd., has partnered with sports enterprise Sports For All (SFA) to broadcast school-level sports competitions on television and digital platforms. The SFA Championships will be available on Jio Cinema, Sports 18 – 2, and Sports 18 Khel starting 3 December, making grassroots-level sports widely accessible in India. “We endeavour to continue spotlighting school-level talent by including SFA Championships in our portfolio," said Siddharth Sharma, head of content, TV and Digital, Viacom 18 Sports, in a statement.

₹9 crore on establishing a production facility, a base factory, and warehousing in Delhi. This facility will initially cater to the Delhi-NCR. In the development phase, the focus will be on expanding to other markets, starting with Hyderabad and Bengaluru, said Hemant Bahri, founder and managing director of Bahri group, which has interests in the real estate sector in south India.

cyber fraud has surfaced from Hyderabad in which a doctor claimed to have lost a staggering amount of 19.7 lakh rupees while trying to earn money through a part-time job. The 29-year-old doctor, employed at a hospital in Kukatpally, lodged a complaint with the Cyberabad police on Monday. According to the victim, he came across the fraudsters on the Telegram app on October 4.

Check all the latest news on Assembly elections 2023 hereAhead of the Rajasthan assembly elections, Prime Minister Narendra Modi slammed the Congress-led Rajasthan government and said that the party is like a cricket team whose batters spent five years trying to run out of each other.While addressing a public meeting in Churu district last week, PM Modi pointed out the power tussle between Chief Minister Ashok Gehlot and his former deputy Sachin Pilot. He said, “In cricket, a batter comes and scores runs for his team.

India, led by stand-in skipper Surya Kumar Yadav, will take on a formidable Australian side in a five-match T20 series, the first match of which will be played at the ACA-VDCA Cricket Stadium in Vizag from November 23. India captain Hardik Pandya has been out of action since the ODI World Cup when he suffered an ankle injury, which ruled the all-rounder out of the marquee event.

Nirmala Sitharaman on Tuesday termed as «despicable» Congress leader Rahul Gandhi's description of Prime Minister Narendra Modi as a panauti (bad omen) for India's loss in the world cup finals against Australia. «It’s such a despicable comment,” the FM told the media in Hyderabad when asked about Gandhi’s comments during the election campaign in Rajasthan that the Indian team almost won the game but lost due to 'bad omen' while addressing a campaign rally in Rajasthan. “He (Rahul Gandhi) is continuing the Congress tradition of calling all abusive names for the PM. Is that how sport is going to be encouraged? Is that the route through which Congress wants to encourage sports in the country?” Sitharaman said, disapproving of the Congress leader’s remark. The FM said the Target Olympic Podium Scheme (TOPS) of the Modi government has resulted in wonderful victories, whether it is at the Asian Games, Olympics or even the Paralympics.

According to the business solutions provider Quess Corp, about 65 per cent of the aggregate demand emerged from Development, ERP, Automotive Design, Testing, and Administration skills.

Wipro is selling two office assets in Bengaluru and Hyderabad to monetise non-core real estate holdings and streamline operations. The properties include parts of its campuses in Gachibowli, Hyderabad and Electronic City, Bengaluru, said multiple people aware of the company’s property divestment plans. “Wipro has identified the assets as non-core for them and is willing to divest both Bangalore and Hyderabad properties. With a hybrid work model, the move is to consolidate operation across different cities,” said one of the persons quoted above. The technology firm wants to divest 14 acres of land in Gachibowli, while it is assessing if it wants to divest the entire campus in the Electronic City, Bengaluru. “Wipro will consolidate its operation in Bangalore and is still deliberating if the entire 25 acres should be monetised in one go.

PTI reported. In view of the protest by the OBC communities, the Maharashtra government is unlikely to opt for Maratha reservation within the OBC category based on Kunbi certificates across the state, the Indian Express reported on Monday. Now, as the demonstration over the Maratha reservation gained momentum in Maharashtra, here's a recap of all that happened in the state in connection with the row recently: Speaking at the rally, Bhujbal reiterated that the existing reservation for the OBCs should not be curtailed while giving reservation to the Marathas.

NEW DELHI : Purple Style Labs, the parent of luxury fashion omni-channel platform Pernia’s Pop-Up Shop, has secured an $8-million (about ₹66.6 crore) Series-D round led by Sanket Parekh of the Pidilite family office, with participation from Signet, the family office of Harish Shah, Hira Group’s family office and other investors. Existing investors also participated, including Singularity Growth Opportunities Fund I, Neelesh Bhatnagar of NB Ventures, fashion designer Masaba Gupta, and the former partners of Premji Invest, Rahul Garg and Atul Gupta. The company was valued at $352 million for the fundraising.

Mohammad Shami, who was the highest wicket-taker of the World Cup, in a tweet after the World Cup loss to Australia had tweeted: «We will bounce back!» However, Australia had announced its squad last month. Matthew Wade will captain Australia in the five-match T20I series against India. Australia's skipper Pat Cummins and his fellow pacemen Mitchell Starc and Josh Hazlewood will return home after the World Cup. David Warner, Travis Head, Steven Smith, Glenn Maxwell, Josh Inglis and Adam Zampa who were part of the Australia's ODI team in the finals will be part of the T20 squad. Australia's T20I squad: Matthew Wade (capt), David Warner, Travis Head, Steven Smith, Glenn Maxwell, Matt Short, Marcus Stoinis, Tim David, Josh Inglis, Jason Behrendorff, Sean Abbott, Nathan Ellis, Spencer Johnson, Adam Zampa, Tanveer Sangha.

High Court on Monday granted regular bail to TDP chief N Chandrababu Naidu in the Skill Development Corporation scam case. The court converted Naidu's four-week interim medical bail into absolute bail and ordered the former chief minister's release on regular bail.

World Cup final on Sunday. However, the Men in Blue won't have much time to dwell on their World Cup defeat, with the next T20 series against Australia at home starting on November 23. While the official squad for the upcoming series has yet to be announced, most of the players who featured in the World Cup final are likely to find a place in the Indian squad when it is announced.

Telangana BJP President G Kishan Reddy on Monday launched a scathing attack on the Congress alleging that it was taxing the people in Karnataka to fund the election campaign in Telangana. «Congress party came to power in Karnataka on the basis of five guarantees. But they are not fulfilling these guarantees.

₹66.6 crore) in a series-D funding round led by Sanket Parekh of the Pidilite family office. The funding had been raised at a valuation of $352 million, said Purple Style, the parent company of Pernia’s Pop-Up Shop, a luxury fashion omnichannel platform. The round also saw participation from Signet (Harish Shah’s family office), Hira Group’s family office and other investors.

Also read: For India to become an aviation hub, first fix airport terminal connectivity Groupe ADP operates the two airports in Paris and has stakes in TAV Airports - the Turkish company, which owns or operates airports across multiple countries from Kazakhstan to Chile. The investments were linked to GMR infrastructure, the listed company, reorganising itself into GMR Airports and the non-airport assets being separated. For the nine months ended September, total traffic at the two airports in Paris stood at 75,563,078.

NEW DELHI : Hyderabad-based pharmaceutical company Dr Reddy’s Laboratories Ltd (DRL), will invest ab out ₹700 crore for capacity expansion during the second half of the fiscal, G. V. Prasad, co-chairman and managing director of DRL told Mint.