City Hyderabad Financial News

Congress MLA Abdur Rashid Mandal said that Rahul Gandhi is now the leader of the country and will become the next Prime Minister. «Our leader Rahul Gandhi is now the leader of the country. Opposition political parties alliance INDIA have also accepted Rahul Gandhi as the leader.

Pakistan Cricket Board on Monday raised serious concerns with the ICC over the delay in national team's travel to India for the World Cup due to visa issues and claimed the anxious wait has already impacted its preparation for the 50-over showpiece. The PCB wrote to the ICC as it continues to wait for visa clearance from the Indian High Commission in Islamabad. Pakistan were supposed to have a two-day team bonding session in Dubai before their scheduled arrival in Hyderabad on September 27 but it has been cancelled with uncertainty over Indian visa. The Babar Azam-led side plays two warm-up games and as many World Cup matches in Hyderabad starting with the practice fixture against New Zealand on September 29. In the letter addressed to ICC CEO Geoff Allardice, the PCB also claimed that its concerns over visa being granted to players, team officials, fans and journalists for the World Cup in India have not been addressed for more than three years.

Also read: Plans to buy 100 more indigenous LCA Tejas Mark 1A fighter jets, says Indian Air Force chief The C-295 aircraft is capable of carrying up to nine tonnes of payload or as many as 71 troops at a maximum cruise speed of 260 knots. Chief of Air Staff Air Chief Marshal VR Chaudhari on September 13 received the first of the 56 C295 transport aircraft two years after India sealed a ₹21,935-crore deal with Airbus Defence and Space to procure the jets to replace its ageing Avro--748 fleets.

Asaduddin Owaisi on Sunday challenged Congress MP Rahul Gandhi to contest elections from Hyderabad and not Wayanad in the ensuing Lok Sabha elections. The AIMIM MP was addressing a public gathering in his parliamentary constituency, Hyderabad. Owaisi said that the Babri Masjid, in Uttar Pradesh's Ayodhya, was demolished under the regime of the grand old party. «I am challenging your leader (Rahul Gandhi) to contest elections from Hyderabad and not Wayanad. You keep giving big statements, come to the ground and fight against me.

Ana Rodriguez. India accounts for 11% of Lladro's global sales. The company generates 69% of its business from heritage concept (high porcelain, classic sculptures, home and licences), 21% from new concept (design sculptures, scent and jewellery), and 10% from lighting. Lladro will also have an «important» investment plan for developing online sales in the country next year, besides launching more mono-brand stores in the country, according to Rodriguez. With the new boutique, Lladro now has eight own-brand stores in India in markets such as New Delhi, Gurugram, Mumbai, Bengaluru, Hyderabad, Chennai and Kolkata. «For us, India is not only a key market but a very strategic market,» Rodriguez told ET.

NEW DELHI, MUMBAI : The race to dominate the electric vehicle (EV) market has triggered a dash for talent, as automakers and others in the ecosystem seek out experienced professionals to develop capabilities in green mobility. Industry executives said that companies are trying to attract and retain professionals skilled in battery management systems, fuel cells and core engineering with pay hikes, retention bonuses and counter-offers. Leading Indian automakers are introducing new EV models, and startups are coming up with innovative electric mobility solutions, even as the government works to reduce carbon emissions.

Celebi India may invest around USD 80 million in the business in the next four years as it eyes more airports besides enhancing cargo capacity, a top company executive has said. The company, which offers ground handling services and cargo operations, also plans to switch to an all-electric fleet across the airports it renders services at present, according to Murali Ramachandran, President for India & S-E Asia at Celebi Aviation Holdings, said. The company currently has the mandate to provide ground handling services at nine airports — Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Cochin, Ahmedabad, Mopa (Goa) and Kannur — and handle cargo operations at Delhi airport through a joint venture with Delhi International Airport Ltd (DIAL). «Celebi has already invested around USD 250 million (since its entry in the Indian market in 2007).

G Kishan Reddy said on Sunday. He was speaking at an event at the Kachiguda railway station here on the occasion of Prime Minister Narendra Modi flagging off nine Vande Bharat trains, including the Hyderabad (Kachiguda)-Bengaluru (Yeswantpur) Vande Bharat Express, virtually. The modernisation of railway stations is going on in a big way, he said. Reddy said nine new Vande Bharat trains being flagged off on a single day is a record. The nine trains inaugurated on Sunday connect 111 cities which include pilgrim centres, tourism destinations, commercial hubs, he said. The Hyderabad-Bengaluru Vande Bharat Express is the third Vande Bharat train from Telangana.

Prime Minister Narendra Modi on Sunday flagged off nine Vande Bharat trains virtually in a move that is expected to significantly improve rail connectivity to religious and tourist destinations across 11 Indian states. «Speed, scale of infrastructure development is matching aspirations of 140 crore Indians,» PM Modi at the event he attended virtually. He added that popularity of Vande Bharat trains is rising constantly rising as over 1.11 crore passengers have already travelled in them. According to an official statement, these new Vande Bharat trains will be the fastest on their respective routes, ensuring passengers save a considerable amount of time during their journeys. «Now, 25 Vande Bharat trains running, now nine more added; that day is not far when these trains will connect all parts of country,» said PM Modi. «Under PM Modi's vision the railway sector has transformed in the past nine years… Several new facilities are being installed,» said Railway Minister Ashwini Vaishnaw at the event.Catch Live Updates of the Vande Bharat train launch here The routes on which these trains will operate are as follows:

Click here! Speaking about these trains, the statement says that as compared to the current fastest train along the route, Rourkela- Bhubaneswar – Puri Vande Bharat Express and Kasaragod - Thiruvananthapuram Vande Bharat Express will be faster by about 3 hours; Hyderabad – Bengaluru Vande Bharat Express by more than 2.5 hours; Tirunelveli-Madurai- Chennai Vande Bharat Express by more than 2 hours; Ranchi – Howrah Vande Bharat Express, Patna – Howrah Vande Bharat Express and Jamnagar-Ahmedabad Vande Bharat Express by about 1 hour; and Udaipur - Jaipur Vande Bharat Express by about half an hour. "In line with the Prime Minister’s vision to improve connectivity of important religious places across the country, Rourkela- Bhubaneswar – Puri Vande Bharat Express and Tirunelveli-Madurai- Chennai Vande Bharat Express will connect important religious towns of Puri and Madurai.

Narendra Modi is set to inaugurate nine Vande Bharat trains in a move that is expected to significantly improve rail connectivity to religious and tourist destinations across 11 Indian states. The inauguration will be conducted via a video conferencing session, in line with the Prime Minister's vision to enhance connectivity and provide top-tier facilities for rail passengers. According to an official statement, these new Vande Bharat trains will be the fastest on their respective routes, ensuring passengers save a considerable amount of time during their journeys. The routes on which these trains will operate are as follows:

MotoGP descends to Greater Noida for the inaugural Indian Grand Prix. The world’s fastest and most high-profile motorcycle racing championship will stage the 13th round of its 2023 edition in India, just a year after plans for MotoGP Bharat were first announced. The addition of India to the calendar is part of MotoGP’s expansion plans into Asia’s major two-wheeler markets.

mobility-aggregator business is seeing an accelerated turnaround. But the revival is being driven by new entrants who are challenging the dominance of ride-hailing giants Ola and Uber.GROWTH SURGE These include Rapido in the auto category; Blu Smart, with its electric car fleet in Delhi-NCR and Bengaluru; Drife, with a blockchain-based business model headquartered in Bengaluru; Shoffr, a premium taxi service, and several new firms operating specifically in the lucrative airport and inter-city service segments, as well as online travel agents like Makemytrip and even airlines, who are offering airport transport as part of their value-added services.

Apollo Micro Systems Ltd (AMSL) on Saturday said it has incorporated a separate entity to carry out the business in the defence sector.

Sundaram Home Finance, the wholly-owned subsidiary of Sundaram Finance Ltd, has set a target of garnering 20 per cent growth in Andhra Pradesh and Telangana, a top official has said. The Chennai-headquartered company has strengthened its presence by opening a new office in Begumpet, Hyderabad, taking the total to six branches. The decision to step up presence comes in the backdrop of the company's plan to focus on Tier-II and III cities as a lot of growth was contributed from remote towns. «We believe there is a lot of potential for our home finance business in Andhra Pradesh and Telangana.

Vande Bharat Express: PM Modi likely to inaugurate 9 semi-high speed trains on 24 September. Check routes, other details A release by the Prime Minister's Office (PMO) noted, “The introduction of these Vande Bharat trains will herald a new standard of rail service in the country.

Stock in focus: Delta Corp shares will be in focus next week as the Indian casino major has received intimation for payment of shortfall tax to the tune of ₹1,11,39,61,03,423. The Directorate General of GST Intelligence, Hyderabad has issued notice to the company in this regard.

Women's apparel brand Chique is planning for expansion into tier-2 and 3 cities across India. The company said that it plans to open over 150 stores in the next three years. The company already has a presence in 26 cities, including Delhi, Ahmedabad, Lucknow, Jaipur, Hyderabad, Ludhiana, Gurugram, Bangalore, and Mumbai.

HD Kumaraswamy met senior BJP leaders Amit Shah and JP Nadda in Delhi on Friday to discuss seat-sharing as part of an alliance between the two parties for the 2024 Lok Sabha elections. Kumaraswamy, a former Karnataka chief minister, told ET that the JDS and BJP have decided to contest the polls in alliance and a discussion on seats is underway. An alliance between the two parties is the need of the hour to defeat Congress in the state, he said. «In 2019, BJP won 25 out of 28 seats. However, things are different in 2024 and Congress is stronger.

Kacheguda-Yesvantpur and Vijayawada-MGR Chennai Central Vande Bharat Express trains on September 24 using a video link. The PM will flag-off nine Vande Bharat trains across the nation, including the two services in the jurisdiction of the South Central Railway (SCR), headquartered at Secunderabad. A function will be held at Kacheguda Railway Station here simultaneously.