City Hyderabad Financial News

Cadaver dogs of Kerala Police will be joining Telangana tunnel collapse rescue operation, the state government said on Thursday. The cadaver dogs (that are specially trained to locate missing humans, human bodies) and the officers handling them left for Hyderabad on Thursday morning, Kerala government said in a statement. The dogs were sent for the rescue operation following a request by the State Disaster Management Authority whose help in the matter was sought by the National Disaster Management Authority, the statement said.

Collins Aerospace, an RTX group company, has invested $25 million for a new engineering development and test centre in Bengaluru, its largest facility outside the US. “The 50,000 sq ft lab facility streamlines product development, testing, and certification of components locally … It is also a fresh investment beyond the $200 million we have committed over the last 4-5 years,” said Savyasachi Srinivas, vice president of global engineering & technology centres at Collins Aerospace. The US-based company also has a 30,000-sq-ft electronics lab dedicated to testing. “In all there would be four labs, including in Hyderabad and Bengaluru, which also houses two factories,” Srinivas told ET.

India marking the 20th anniversary of the Bengaluru office for the Wall Street bellweather, Goldman Sachs CEO David Solomon spoke with ET’s Arijit Barman, emphasizing that the global economy will remain deeply interconnected despite the rising intensity of trade tariff rhetoric. During his brief one-day visit to India where the firm has invested over $8.5 billion, Solomon will stop at the firm’s Bengaluru campus where Goldman Sachs’ technology engineers and quants are driving innovation—developing systems that span from trade execution and risk management to advancing the immersion of AI with their global colleagues throughout the firm.

She had married Satish Chandra six months ago after a two-year relationship. Devika's family has accused Satish of harassing her for additional dowry, specifically demanding that her family-owned flat in Nizampet and a land parcel be transferred into his name. The Raidurgam police registered a dowry harassment case against Satish and launched an investigation.

Cityflo, a commute service firm, said it is entering Delhi to cater to the daily transit needs of corporate professionals. Founded in 2015 by IIT Bombay alumni Jerin Venad, Rushabh Shah, Ankit Agrawal, and Sankalp Kelshikar, Cityflo aims to provide an alternative commuting solution. The company has served over 2.5 million corporate professionals in Mumbai and Hyderabad. «Delhi's commuters are facing challenges with unreliable schedules and subpar vehicle conditions, even from global mobility players. We are here to change that narrative. Our commitment is to provide a dependable, comfortable, and seamless travel experience that professionals can count on every day,” said Jerin Venad, Co-founder and CEO, Cityflo.

Telugu film industry, is all set to make his big-screen debut in Tollywood. Over the years, Warner has captivated fans with his social media tributes to Telugu cinema, and now, the long-standing wish of his Indian supporters is finally coming true. The batsman will be seen in a special cameo in Robinhood, an adventurous comedy starring Nithiin. The exciting news was confirmed by producer Ravi Shankar during the promotional event for Kingston in Hyderabad. Directed by Venky Kudumula, the film promises to be an entertaining ride, and Warner’s presence is expected to add an extra dose of excitement for both cricket and cinema lovers. Reports suggest that Warner was offered a whopping Rs 1 crore per day of shooting for his role. With Tollywood welcoming him to the silver screen, fans are eagerly anticipating what the cricketer-turned-actor has in store.

Congress MLA and a Kannada activist have vented their ire against actress Rashmika Mandanna for declining the invitation to attend Film Festival in Bengaluru and for calling herself as someone from Hyderabad. Mandya MLA Ravi Kumar Gowda, popularly known as Ravi Ganiga, said Mandanna hails from Kodagu district of Karnataka and she should be taught a lesson for identifying herself as someone from Hyderabad. «Rashmika Mandanna started her career from Karnataka by debuting in Kannada film 'Kirik Party'. Last time when she was invited for the Film Festival, she had said that she stays in Hyderabad,» Ganiga told reporters. The MLA alleged that the actress had said she did not know where Karnataka is and refused to attend the film festival here saying she did not have time.

Hyderabad’s real estate landscape is witnessing a remarkable surge, fuelled by the rapid expansion of IT hubs and the influx of global corporations establishing their presence in the city. While developments are underway in all around the city, the southern part of Hyderabad is gaining unparalleled attention due to its vast growth potential, particularly with the rise of India’s largest Aero city, sprawling over 1,500 acres.

Labour Secretary Sumita Dawra on Tuesday said that global capability centres (GCC) are projected to expand to USD 105 billion by 2030, employing over 2.8 million people solidifying India's role as a global hub for enterprise operations and innovation.

Subscribe to enjoy similar stories. The scimitar of import tariffs wielded by US President Donald Trump has sent investors and markets scurrying for cover across the world and across industries. On Wednesday, it was the turn of the pharmaceutical industry.

Subscribe to enjoy similar stories. India's organised hotel industry is set to add more than 100,000 rooms to surpass the 300,000-mark by 2029, as religious tourism, rising prosperity, and key infrastructure projects are likely to fuel growth for the hospitality sector, a new report said. The future supply pipeline is focused on leisure destinations, including religious tourism hubs.

Subscribe to enjoy similar stories. Listed third-party logistics player Delhivery Ltd expects its one-month-old rapid commerce business to generate revenue in the range of ₹80-100 crore by the end of the current fiscal year, underscoring the growing demand for ultra-fast deliveries in India’s e-commerce landscape, co-founder and chief executive officer Sahil Barua, said on Friday. The Gurugram-based courier company rolled out Rapid Commerce, a sub-2-hour delivery service, in January.

Subscribe to enjoy similar stories. For a week in Mumbai, India’s city of dreams, Maaya Rajeshwaran Revathi took Indian tennis on a fantastical ride. While her legs were tired by the end of it, her courage rarely wavered as she went from a wildcard in the qualifiers to a semi-finalist at the L&T Mumbai Open.

Subscribe to enjoy similar stories. Tech Mahindra Ltd is in talks to build a global capability centre (GCC) for Ohio-based Goodyear Tire & Rubber Co.in Hyderabad, two people aware of the matter said. The centre, which will employ 3,000, will house the research and development (R&D) and IT operations of the US company.

Union Minister Bandi Sanjay Kumar on Saturday alleged that the move would cause injustice to the backward classes. Addressing a roadshow at Karimnagar organised in support of BJP candidates of the upcoming MLC polls, he said Hindu candidates could not win in Hyderabad civic polls in the past as backward Muslims were recognised as BCs with a four per cent reservation by the late Congress Chief Minister Y S Rajasekhara Reddy in undivided Andhra Pradesh.

Thyrocare founder Dr. A. Velumani has sparked a debate on social media about social class barriers in India. Dr. Velumani recently took to X (formerly Twitter) to recount his experience with an auto-rickshaw driver whose son is studying at IIT Hyderabad. However, what began as an inspiring conversation about hard work and perseverance ended with an unsettling instance of class discrimination when a luxury hotel in Mumbai refused to allow the rickshaw inside its premises.

Hyderabad. The engineer, who has lived in the National Capital Region (NCR) his entire life, turned to Reddit for advice on the decision. He expressed concern about being introverted and shy, and questioned the ease of making friends in a new city.

Azad Engineering shares will be in focus on Thursday after the firm signed a long-term agreement with Rolls-Royce PLC, London, to manufacture and supply critical civil aircraft engine components. «We hereby inform you that Rolls-Royce PLC, London- United Kingdom inks deal with AZAD Engineering Limited, Hyderabad- India to produce Civil Aircraft Engine Components in AZAD, India to supply on a long-term basis super critical complex machined parts for a period of life of the Engine Program,» the company said in an exchange filing.

Imanvi, plays the lead role.