City Hyderabad Financial News
30.01 / 15:31
markets
UPS
Aviat
Airlines
Strategy
PAM
Maha Kumbh: Akasa Air increases Prayagraj flights; reduces fares by 30-45 pc
Akasa Air has reduced ticket prices for flights to Prayagraj by 30-45 per cent and increased number of flights to the city, sources said on Thursday in the wake of the government asking airlines to maintain reasonable fares.
30.01 / 03:27
markets
UPS
IPO
Healthcare
Experts
band
recommendations
Dr Agarwal’s Healthcare IPO Day 2 Live Updates: Issue booked 7% so far. Check latest GMP, subscription status, review
₹875.5 crore from anchor investors.The ₹3,027.26-crore Dr Agarwal IPO, with a price band of ₹382 to ₹402 per share, will conclude on January 31.Dr Agarwal Healthcare IPO consists of a new issue of up to ₹300 crore along with an Offer For Sale (OFS) of up to 6.78 crore equity shares valued at ₹2,727.26 crore if priced at the highest point of the price range. Shareholders participating in the OFS include Arvon Investments Pte Ltd, Claymore Investments (Mauritius) Pte Ltd, and Hyperion Investments Pte Ltd.
30.01 / 03:15
30.01 / 01:11
markets
Citi
Digital
Strategy
Experts
country
reports
Mumbai, Hyderabad lead the charge in AI data centre boom
Hyderabad are leading the charge for data centre investments as artificial intelligence is fuelling big expansion in the country with companies announcing huge plans recently, even as Chennai and Delhi-NCR remain the key markets.
29.01 / 07:07
29.01 / 01:55
UPS
Analysis
Trade
performer
reports
Traffic
GMR Airports Q3 results: Net profit at Rs 202 crore driven by growth in passenger traffic at major airports
GMR Airports Ltd (GAL) reported a net profit of Rs 202.1 crore for the October-December quarter of FY25, reversing the Rs 486.4 crore loss recorded in the same period last year. This recovery was driven by growth in passenger traffic at major airports, including Delhi, Hyderabad, and Mopa in Goa, as well as improved operational performance. Revenue from operations increased by 19.2% to Rs 2,653.2 crore, compared to Rs 2,226.7 crore in Q3 FY24. The increase was primarily due to higher passenger traffic and tariff adjustments, with expenses rising slightly to Rs 1,661.5 crore from Rs 1,558.1 crore due to ongoing expansion projects.
28.01 / 19:05
markets
UPS
Booking
Strategy
PAM
hospital
Union Bank of India puts 41 NPAs worth ₹1,561 cr on block
Union Bank of India has put up for sale 41 bad-loan accounts, including those of Nirmal Lifestyle and Future Brands, totalling ₹1,561 crore in principal outstanding. Bidders can submit expressions of interest (EoIs) until February 11, and e-auctions are slated February 12, documents showed.
25.01 / 15:43
markets
FIVE
Entertainment
Sony
Celebrity
stage
Sporting
Corporate giants, celebrities fuel India’s pickleball revolution
World Pickleball League (WPBL), India’s first franchise-based pickleball league, has sparked significant corporate investment and celebrity participation. Launched on Friday at Mumbai’s Brabourne Stadium, the WPBL brings together top companies and renowned personalities to promote the rapidly growing sport.
23.01 / 11:15
23.01 / 10:57
markets
UPS
Digital
Manufacturing
Strategy
PAM
JSW Defence signs MoU with Telangana for Rs 800 crore UAV manufacturing plant
JSW Defence has signed an agreement with the Telangana government to set up a facility in the state for manufacturing Unmanned Aerial Systems. JSW UAV, a wholly-owned subsidiary of the company, would invest Rs 800 crore to set up the unit in Telangana through a technology arrangement with a leading US-based defence technology company, JSW Defence said in a statement.
23.01 / 09:25
markets
Citi
Target
Digital
Strategy
Experts
PAM
Nuvama-Cushman & Wakefield JV raises Rs 1,700 crore for investment in office assets
real estate fund for making investments in office assets across major cities in India. The NCW is a Joint Venture (JV) between wealth management firm Nuvama Asset Management and global real estate consultant Cushman & Wakefield.
23.01 / 08:29
UPS
Provident
security
hospital
2020
patient
Jashvik Capital to acquire over 50% stake in Smart Vision Eye Hospitals
Subscribe to enjoy similar stories. MUMBAI : Private equity (PE) firm Jashvik Capital Advisory Llp is acquiring a majority stake in Smart Vision Eye Specialities Pvt. Ltd, a Hyderabad-based eye care hospital chain, said a person close to the deal.
23.01 / 05:27
21.01 / 14:19
markets
Digital
Strategy
Align
Trade
Experts
PAM
NDR InvIT acquires warehousing and industrial properties worth Rs 706 crore
NDR InvIT Trust, a prominent player in the infrastructure investment sector, has successfully acquired a Grade-A industrial and warehousing portfolio across markets like Surat, Hyderabad, Bengaluru, and Pune. This strategic move enhances NDR InvIT’s assets by adding 2.01 mn sqft of fully operational space, reflecting the firm’s focus on establishing a diversified and scalable infrastructure presence in high-growth areas.
20.01 / 10:23
20.01 / 10:23
Career
Actor
show
performer
stars
shock
Features
Shiv Shakti Tap Tyag Tandav star Yogesh Majajan passes away after massive heart attack
Yogesh Mahajan, known for his portrayal of Shukracharya, the revered guru of Daityas, Asuras, and Danavas in the television show Shiv Shakti—Tap Tyag Tandav, passed away on January 19 due to a sudden cardiac arrest. His untimely demise has left the television industry in mourning.
18.01 / 18:59
Citi
Man
Sustainability
performer
electronic
stars
donates
Ram Charan's unsung act of compassion is going viral, winning fans' hearts. Here's the whole story
Ram Charan, the Megapower Star known for his dynamic roles on screen, is also winning hearts off-screen with his acts of kindness that often go unnoticed. While fans are enchanted by his stellar performances, it’s his quiet gestures of compassion that are leaving a lasting impact. A recent revelation on Unstoppable with NBK Season 4 has shed light on one such unforgettable act, further solidifying his reputation as not just a star, but a true philanthropist.
18.01 / 12:07
markets
Digital
Action
Strategy
Experts
PAM
reports
Indian American sentenced for nazi-inspired White House attack attempt
Sai Varshith Kandula to eight years in prison on Friday for crashing his rented truck into White House barricades on May 22, 2023, in a bizarre Nazi-inspired plot to overthrow the US government and establish a dictatorship with himself in charge, reported TOI.
17.01 / 19:55
markets
Citi
Digital
Strategy
Healthcare
Experts
PAM
Sanofi Health leases office space in Hyderabad
Sanofi Healthcare India, a subsidiary of global healthcare giant Sanofi, has leased 270,000 sq ft in Hitech City, Hyderabad.
16.01 / 10:51
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