City Hyderabad Financial News

Thehindu.com. Chief minister K. Chandrasekhar Rao will unfurl the national flag at 10 am at Golconda Fort after paying tributes to the gallant freedom fighters at the Martyrs’ Memorial.

New Delhi (India), August 12: In the midst of a relentless surge in electronic consumption, the looming threat of e-waste on both our environment and health has reached critical proportions. Stepping up to address this pressing concern, Celekt Mobiles, a leading mobile retail chain, proudly introduces �Mission E-waste: India� First Green Initiative by Celekt�, an unparalleled initiative aimed at combating electronic waste in India. Statistics reveal a staggering annual escalation of 20-25% in electronic waste (e-waste) generation across India.

AIMIM president Asaduddin Owaisi on Monday expressed hope that Prime Minister Narendra Modi would condemn the demolition drive in Haryana's Nuh and the alleged targetted violence, during his Independence Day speech in the national capital on August 15. Addressing reporters here, Owaisi said on one hand bulldozers were being used against Muslims and on the other his house in Delhi has come under attack. «The Prime Minister should condemn demolition in Nuh.

HYDERABAD : Indian pharmaceutical company Divi's Laboratories reported a 49.2% fall in quarterly profit, missing analysts' estimates, as the generic drug maker grappled with pricing pressures in key markets like the United States. The company reported a consolidated profit of 3.56 billion rupees ($42.9 million) for the first quarter ended June 30, compared to 7.02 billion rupees a year ago. Analysts, on an average, had expected a profit of 4.17 billion rupees, according to Refinitiv data.

Many bank holidays differ from region to region and from bank to bank. State-wise holidays include Tendong Lho Rum Faat, Independence Day, Parsi New Year (Shahenshahi), Tithi of Srimanta Sankardeva, First Onam, Thiruvonam, Raksha Bandhan, Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol.

Housing prices in Kolkata have increased by 15 per cent year-on-year (YoY) in the April-June quarter of 2023. It was the highest increase in residential prices among the eight cities, according to the report. «Housing prices in the city have been on the rise over the past seven quarters. The recent surge in housing prices is owing to the rising demand boosted by positive government incentives such as extension of 2 per cent reduction in stamp duty and extension of 10 per cent reduced circle rates till September 2023,» the report said. Delhi-NCR came second as housing prices in the northern region have risen by 14 per cent YoY in Q2. Hyderabad witnessed a rise of 13 per cent in housing prices in the last year during the second quarter, said the report. At the micro-market level, Golf Course Road and Dwarka Expressway witnessed the highest rise in housing prices at 46 per cent and 40 per cent, respectively, on a YoY basis during Q2 2023. «Housing prices in Golf Course Road continue to surpass the prices of Delhi in Q2 2023 attributed to its improving connectivity and proximity to commercial office hubs in Gurugram, which have sparked a surge in demand for residential properties,» the report added.Pan India residential prices Q2 2023 (in Rs /sq ft) –

Digi Yatra facility will be launched at six more airports, including at Mumbai and Kochi, in August. Currently, the facility is available at seven airports. It was first launched on December 1, 2022 at the airports in Delhi, Varanasi and Bengaluru.

₹75 per equity share of face value of ₹10 each. Bids can be made for a minimum of 1,600 equity shares and in multiples of 1,600 equity shares thereafter. Bondada Engineering IPO issue price is 7.5 times the face value of the equity share.

Hyderabad recorded registrations of 5,557 residential properties in July 2023, notching up a rise of 26% year-on-year (y-o-y) with total value of the registered properties during the month at Rs 2,878 crore, up 35% y-o-y. In July 2023, the highest proportion of property registrations in Hyderabad was in the price range of Rs 25 – 50 lakh, accounting for 52% of the total registrations. Properties priced below Rs 25 lakh constituted 18% of the total registration.

Kavitha has said she would be contesting from the Nizamabad Lok Sabha constituency, where she lost to sitting BJP MP D Arvind in the last general elections, in the 2024 polls. Speaking to reporters here on Thursday, she hit out at the incumbent MP saying he did not do anything for the development of Nizamabad. «Nizamabad MP asks me from where I would contest in the next general elections.

“As per inputs received from ministry of power, preliminary studies carried out for nine cities having 4 million plus population, namely Delhi, Mumbai, Pune, Ahmedabad, Surat, Bengaluru, Chennai, Hyderabad and Kolkata indicate a requirement of 18,000 nos. of Public EV Charging Stations by the year 2030,” Pandey said. According to a statewise breakup, as of July, Maharashtra had the highest number of EV charging stations followed by Delhi and then Karnataka.

automation software provider UiPath and the company is expanding the local team to meet business demand, said Rob Enslin, the US-based company’s co-CEO. In an exclusive interview with ET, Enslin said the company has seen demand for automation solutions remain consistent despite the larger uncertainty which has gripped technology investments. “Our workforce in India is quite large, with a significant amount of engineering taking place in the Bengaluru centre,” said Enslin.

India, had appointed Veera Babu as Managing Director, Tenant Representation, India. In his new role, Veera will drive strategic business growth to strengthen the firm’s leading position across cities.

Indian Real Estate Sector recorded robust private equity investment of $1.92 bn in Q2 2023, highlighting investor confidence in the market after a marginally subdued Q1. This is 63% higher than the previous quarter (Q1-23) and 60% higher than the same period last year, according to Cushman & Wakefield’s latest Investment report.

PVR Inox Ltd. According to Bijli, around 20 films across languages have been screening concurrently across theatres, with a minimal impact on the box office performance of one over another. Ashish Saksena, chief operating officer, cinemas, BookMyShow said so far Jailer has seen around 900,000 bookings on the platform, leading with the original Tamil version in south India including Chennai, Bengaluru, and Hyderabad.

NDTV.com on Tuesday. The incident occurred in Hyderabad’s Jawahar Nagar area, said the report. Some passersby filmed the incident on their mobile phones instead of intervening to save the woman.

A 21-year-old post-graduate student of Indian Institute of Technology, Hyderabad (IIT-H) was found dead in her hostel room on the campus at Kandi in Sangareddy district of Telangana late Monday. Telangana police said the victim appeared to have died by suicide, reported PTI. The victim was from Dumri village of Sonapur district in Odisha and was pursuing her first-year MTech in civil engineering.

Tata Realty and Infrastructure Ltd (TRIL), the real estate development arm of Tata Group, has acquired a land parcel spread over 25.3 acres in Doddanekundi near Whitefield locality in Bengaluru for over Rs 986 crore. The company has bought the land parcel from Graphite India through its wholly owned subsidiaries TRIL Bengaluru Real Estate Five Ltd and TRIL Bengaluru Real Estate Six Ltd.

₹12,400 per square feet and at this point in 2023, have increased to around ₹15,350 per square feet, it added. Among the cities, Hyderabad emerged as the frontrunner in luxury home price growth, seeing a staggering 42% increase in average price from ₹7,450 per square foot in 2018. Bengaluru and the Mumbai Metropolitan Region (MMR) recorded a notable 27% appreciation each.

Ducati Diavel V4 comes ingrained with technical, dynamic, and stylistic features, such as those of sport nakeds and muscle cruisers. The motorcycle comes with a starting price of ₹25.91 lacs (ex-showroom). Deliveries will begin immediately across all Ducati stores in New Delhi, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Kochi, Kolkata, Ahmedabad, and Chandigarh.

New Delhi: Leasing activity in India’s industrial & logistics sector surged to 19.1 million sq. ft. across eight major cities during the first half of 2023 (Jan-Jun), marking a substantial 35% year-on-year increase, according to a report by CBRE South Asia Pvt.