City Hyderabad Financial News

National Investigation Agency (NIA) conducts raids at 30 locations in both Tamil Nadu and Telangana in ISIS Radicalization and Recruitment case. The raids are underway in 21 locations in Coimbatore, 3 locations in Chennai, 5 locations in Hyderabad/Cyberabad, and 1 location in Tenkasi.

Deepika Padukone on Friday said she never thought about the length of her role in Shah Rukh Khan-starrer 'Jawan' as she has a lot of love for the actor and would always be there for him. Deepika, who made her debut opposite Shah Rukh in 'Om Shanti Om' in 2007 and has collaborated on films like 'Chennai Express', 'Happy New Year' and 'Pathaan', had an extended cameo as Aishwarya Rathore in the Atlee directorial, which has become a blockbuster at the ticket window, raising close to Rs 700 crore in worldwide gross. At the film's success press conference, SRK joked that he and Atlee «fooled» Padukone into believing that she had a cameo in the film when she was one of the main characters. «Deepika is feeling the most awkward, I will tell you why, because she feels, „main to dosti me chhota so role karne aa gayi thi', but between me and Atlee, we fooled her and shot a full length movie with her. “When she saw the film she was like, 'Oh I am one of the main characters'… but thank you Deepika from the bottom of our heart for being part of this film,» he said, calling the actress «a family». Padukone said the team of 'Jawan' approached her with the part when she was shooting for Nag Ashwin's 'Project K', now titled 'Kalki 2898 AD', in Hyderabad. «They narrated the whole story to me and told me this very important part of Aishwarya and for me, it was not about the length of the role.

visa interviews in India, the US consulate in Frankfurt has set aside specific interview appointments for Indian applicants. According to the State Department's website, the wait times for B1/B2 visa interview appointments in India have reached staggering durations, with 441 days in Hyderabad, 486 days in Chennai, 526 days in Delhi, 571 days in Mumbai, and 607 days in Kolkata. In stark contrast, the wait time in Frankfurt is a mere three days. To alleviate the backlog and cater to the increasing demand, Indians were granted the option to apply for visas at US consulates outside India, such as in Bangkok. Over the past year, various measures have been implemented to reduce the extensive waiting period, which had peaked at nearly three years last winter. Despite these efforts, applicants have encountered issues with a new scheduling portal for non-immigrant visa interviews in India. A US embassy official has told TOI that attempts are being made to resolve these issues «as quickly as possible». During recent discussions between the US embassy and Indian authorities, three key issues were addressed: visa wait times, technical problems with the scheduling portal, and concerns related to student visas.

Congress Working Committee (CWC) will be held here on Saturday to evolve a strategy for the upcoming assembly polls in five states and the 2024 Lok Sabha elections. Holding the crucial meeting in the Telangana capital, the Congress is also looking to send out a message that it will go all-out to dislodge the BRS government in the poll-bound state. The brainstorming of the Congress top brass during the meeting would prove to be a «game changer» and a «transformative moment» for Telangana politics and the party, leaders said. Announcing the detailed plan for the CWC meeting to be chaired by Congress chief Mallikarjun Kharge, general secretaries K C Venugopal and Jairam Ramesh on Friday said this is for the first time in many years that the party's top decision-making body will hold deliberations for three days outside Delhi. The CWC will meet at 2:30 pm on Saturday and deliberate on the strategy for the upcoming assembly elections and the Lok Sabha polls. Talking about the deliberations to be held on Saturday, Venugopal said, «The Congress president will be present.

electric vehicles sold in the Indian market is bought by a woman — more than double the share of female buyers of petrol and diesel cars. Senior industry executives ET spoke with said ease of driving and ownership along with increasing environmental awareness are propelling many women to choose electric cars over those powered by petrol and diesel. With more women joining the workforce and becoming financially empowered to make decisions, the trend is expected to continue, they added.Tata Motors, the country's largest electric carmaker, said women account for 24% of its EV sales while its closest rival MG Motor India put the number at 23-24%. In contrast, women's contribution to sales of fossil-fuel cars in the country remains in the range of 11% to 12%.

Amit Shah will be participating in the 'Mukti Diwas' celebration in Hyderabad, Telangana on Sunday. On September 17, 1948, the princely state of Hyderabad merged into the Indian Union, commemorated as 'Mukti Diwas,' and on this day, Union Home Minister Amit Shah will be present. Union Home Minister Amit Shah will pay tribute to the brave soldiers who fought against Nizam's army and Razakars (armed supporters of Nizam's rule) and hoist the national flag during the parade ground event. While the BJP has been striving for nearly two decades to establish 'Mukti Diwas' as an official celebration, the ruling TRS observes this day as 'National Unity Day.'" Meanwhile, the Telangana Assembly polls are scheduled at the end of this year. The state is going to witness a three-pronged contest among the BJP, the ruling BRS and the Congress.

Hyderabad, September 15, 2023: Ethnic apparel retailer Sai Silks Kalamandir Ltd has set a price band of ₹210-222 per share for its initial public offering, opening on September 20. The initial public offering comprises a fresh issuance of shares worth ₹600 crore by the company and an offer-for-sale (OFS) of 2,70,72,000 equity shares by promoter group. At the upper end of the price band, the total issue size comes in at ₹1,200 crore.

GreenCell Mobility and VE Commercial Vehicles on Friday said they have entered into an agreement for supply of 1,000 electric buses in the next five years. The two parties have signed a memorandum of understanding, which envisages VE Commercial Vehicles (VECV) supplying 1,000 Eicher electric buses to GreenCell's intercity bus business, NueGo, the two companies said in a joint statement. NueGo is already operating in over 30 cities, including Delhi, Chandigarh, Dehradun, Agra, Jaipur, Ludhiana, Bhopal, Indore, Hyderabad, Vijayawada, Bengaluru, Tirupati, Chennai and Pondicherry. «With our focus on superior uptime, backed by a strong alternate fuel programme, we look forward to our partnership with GreenCell Mobility, as we jointly endeavour to decarbonise city mobility,» VECV Managing Director and Chief Executive Officer (MD & CEO) Vinod Aggarwal said. «The collaboration strengthens our resolve to reshape the mobility landscape and lead the charge towards sustainability,» GreenCell Mobility MD & CEO Devndra Chawla said.

Sachin Pilot on Friday hailed the reconstituted CWC as «very balanced» and having a «good mix» of youth and experience, while asserting that the Hyderabad meeting of the party's highest decision-making body was crucial in view of the upcoming state polls. Pilot, who along with other new faces such as Shashi Tharoor found a place in the reconstituted Congress Working Committee (CWC) last month, said he has always fulfilled with utmost sincerity any role that has been assigned to him by the party but his «heart lies in Rajasthan» and that is where he «can add most value». In an exclusive interview with PTI, Pilot said the Congress has to play a «leading role» in the INDIA bloc because it is the largest party of the alliance but asserted that everyone was being given mutual respect in the bloc. It is not about who occupies which position of power or post, all those issues would be taken up at the appropriate time perhaps even after the Lok Sabha polls, Pilot said of the Indian National Developmental Inclusive Alliance (INDIA). Asked whether the Congress would play the role of the fulcrum of the opposition alliance as it did in the UPA, the former Union minister said everyone in the alliance has a role to play but the Congress is the largest party in Parliament among the bloc and in a democracy, numbers matter. «Every constituent of INDIA is an important player and has a role to contribute.

RBI holiday calendar, banks will remain closed 18 September in Bengaluru, Chennai, Hyderabad - Telangana on the occasion of Varasiddhi Vinayaka Vrata/Vinayaka Chathurthi. On 19 September, Banks will remain closed in Ahmedabad, Belapur, Bhubaneswar, Mumbai, Nagpur, Panaji on the occasion of Ganesh Chaturthi/Samvatsari (Chaturthi Paksha). While on 20 September, Banks will remain closed on the occasion of Ganesh Chaturthi (2nd day)/Nuakhai in Bhubaneswar and Panaji.

GST Appellate Tribunal Centre announced for 28 states and eight union territories. As per data, currently, only 40 per cent of the corporate income taxpayer base is also registered under GST. As many as 1.39 crore businesses are registered under GST, almost double of the number when GST was launched six years ago on July 1, 2017. Goods and Services Tax (GST) revenue buoyancy, which was 1.25 after introduction of the indirect tax regime in 2017, has risen to 1.40 in the last two years. Average monthly GST revenue increased from Rs 89,885 crore in 2017-18 to Rs 1.50 lakh crore in 2022-23.

₹203 and ₹350 respectively. In two cities with free pricing, it was nearly 9-10 times: ₹2,400 in Delhi and ₹2,300 in Mumbai. True, even without price caps, the prices for Jawan tickets would have been lower in India’s southern cities; it is a Hindi movie with no South Indian superstar.

Hyderabad (Telangana) [India], September 13: GS Caltex, a leading name in the automotive lubricants industry, is proud to announce the launch of its flagship service centers, Kixx Smart Bike Stations, at Kondapur in Hyderabad. With decades of experience, GS Caltex has consistently delivered top-notch lubricants for various automotive and industrial applications. This strategic initiative marks a significant milestone for GS Caltex as it reaffirms its commitment to providing unparalleled service excellence to motorcycle enthusiasts in the region.

Hyderabad, ten senior students have been suspended following allegations of ragging. As per a TOI report, the unfortunate episode unfolded when 30 first-year students were summoned to the seniors' rooms around 2 am, subjected to various forms of harassment, and forced into acts that have left them traumatized. During the harrowing ordeal, the freshers were coerced into consuming alcohol, smoking cigarettes, and even forced to strip down, sources with knowledge of the matter told TOI. To make matters worse, the seniors used derogatory language to taunt the juniors who had joined the institution only a mere two to three days earlier.

Suven Pharmaceuticals jumped 6.6% to Rs 551 in Thursday's trade on BSE after the Union Cabinet on Wednesday approved a Rs 9,589 crore foreign direct investment (FDI) proposal by a Cyprus-based firm in the company. As per the proposed deal, Cyprus-based Berhyanda will acquire 76.1% equity shares of Hyderabad-headquartered Suven Pharmaceuticals. With the new deal, the aggregate foreign investment in Suven Pharmaceuticals will increase to 90.1%. An official statement released after the Cabinet Committee on Economic Affairs (CCEA) meeting also mentioned that this approval was granted following a thorough evaluation of the proposal by relevant departments, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI). At 10.55 am, the stock was trading 1.4% higher on BSE.

C295 military transport aircraft with Air Chief Marshal VR Chaudhari terming it the beginning of a new era as 40 of the planes will be manufactured domestically, a first for the nation. The aircraft was received at Seville in Spain and has been delivered as per schedule. This is the first of 16 planes that will be manufactured in Spain and rest of the 40 will be made in India, with a final assembly line at Vadodara.

IPO) of Sai Silks (Kalamandir) Ltd will open for public subscription on September 20 and close on September 22.

FDI proposal for foreign investment of up to Rs.9589 crore in Suven Pharmaceuticals Limited by private equity firm Advent International through its Cyprus based Berhyanda Ltd. Advent International has entered into a definitive agreement in December last year to acquire a 50.1% stake in Hyderabad-based Suven Pharmaceuticals, a listed contract research and manufacturing services (CRAMS) firm promoted Venkat Jasti and his family members for Rs 6,313 crore paying ₹495 per share.

Homebuyers should always do a background check on the property they are buying to ensure it is not built upon an encroached or unauthorised piece of land or a previous lakebed/water body. Background checks can also help the homebuyer in ascertaining that the property will not face any legal trouble in future (know more about property background checks here).

99acres, an Indian real estate portal, has teamed up with Bollywood actor, Jackie Shroff to launch the #AndarKiBaat campaign. As per the company, this digital campaign aims to revolutionise the way people search for property, tapping into the quirky humor and persona of ‘Bhidu’ himself. In a three-minute video posted on his Instagram handle, Jackie Shroff, a resident of Khar, reacts to resident reviews of his locality, setting the stage for a laugh riot with nuggets of his classic wisdom throughout.

In the excitement of homebuying, buyers often fail to do a proper background check on the property. This also happens when builders or brokers quote a lucrative offer and buyers get so overwhelmed by the price factor that they don’t even feel the need to do any background check. However, such negligence can prove costly for homebuyers in future.