City Hyderabad Financial News

08.08 / 08:17

Man stage cover Pizza date turns tragic after Hyderabad youth falls to death from four-story building

Hyderabad when the boyfriend fell from the terrace to his death. The young man, Mohammed Shoaib, lost his life after falling from the terrace of a four-story building, where he had secretly rendezvoused with his girlfriend for a pizza date, reported IANS. Shoaib was just 20 years old and was working in a bakery.

08.08 / 06:19

FIVE CEO Parke Backed K Raheja Corp-backed Mindspace Business Parks REIT rejigs top management

Mindspace Business Parks REIT has rejigged its senior management to ensure stability and continuity of leadership to drive the next phase of growth. The K Raheja Corp-backed listed entity has appointed Ramesh Nair as Chief Executive Officer, with effect from September 1 while elevating Vinod Rohira to Board Member of the REIT.

08.08 / 04:11

Progressive lawmakers US lawmakers independence day Independence Day 2023: US lawmakers to attend PM Modi's address at Red Fort

PTI, this notable group is being led by Indian-American Congressman Ro Khanna and Congressman Michael Waltz. Their leadership stems from their roles as co-chairs of the bipartisan Congressional Caucus on India and Indian Americans, as stated in an official announcement. The lawmakers will visit Red Fort where the Prime Minister will address the nation on August 15th, India’s Independence Day.

07.08 / 19:13

UPS Citi Enterprise Parke EON show Global funds eye Blackstone's 50% in Panchshil and Salarpuria assets

GIC and Abu Dhabi Investment Authority (ADIA) along with two Canada-based pension funds are in talks to acquire Blackstone Group's 50% stake in two separate commercial portfolios of Panchshil Realty and Salarpuria Sattva Group, said persons with direct knowledge of the development. The deal is estimated to be concluded at an enterprise valuation of over $4.5-$5.0 billion.

07.08 / 13:41

UPS Citi Amazon Platform Remark Capgemini renews office lease in Hyderabad's Kokapet Area

Capgemini Technology Services India, the local unit of the European technology major, has renewed its lease for more than 300,000 square feet of commercial office space in Kokapet, Hyderabad, spanning across two assets. The property was leased from GAR & Sons builders. The office space has a lease tenure of 60 months across two separate deals with 15% escalation, as mentioned in a lease document shared by Propstack.

07.08 / 10:27

UPS Citi Metro Hotel occupancy down sequentially in June

₹6,600-6,800 over the corresponding 2019 figures. For the month, the most growth in room occupancy was seen in metro cities of New Delhi, Mumbai, Kolkata, Chennai and Kochi, of up to 5%.

07.08 / 06:29

UPS Provident September 30 last day to exchange Rs 2,000 at banks; check list of bank holidays for August and September

According to the RBI press release issued on May 19, 2023, “The facility for deposit and/or exchange of Rs2000 banknotes shall be available for members of the public up to September 30, 2023.The facility for exchange of Rs.2000 banknotes shall be provided to all members of the public by all banks through their branches.”

07.08 / 02:27

Lowe's Mobile country India sees significant increase in inflammatory bowel disease, says Lancet study

inflammatory bowel disease (IBD) has increased to more than 5 per cent compared to 0.1 per cent in 2006, new Telangana-based research published in The Lancet Regional Health-Southeast Asia journal said. IBD accounted for more than 5 per cent of patients presenting lower gastrointestinal symptoms such as abdominal chronic pain, bowel habit changes and chronic diarrhoea, the study conducted by the IBD Center of the Asian Institute of Gastroenterology (AIG), Hyderabad, found.

06.08 / 16:01

Citi Fighting voice social song singer folk Telangana: Revolutionary folk singer Gaddar passes away in Hyderabad due to ill-health

Telangana folk singer and balladeer Gaddar, who was popularly known for his revolutionary songs during the 1980s and later during the Telangana statehood agitation, passed away here on Sunday due to ill-health. He was 77. Top leaders like AICC president Mallikarjun Kharge and Congress leader Rahul Gandhi in addition to Telangana Governor Tamilisai Soundararajan, her Haryana counterpart Bandaru Dattatreya, Telangana Chief Minister K Chandrasekhar Rao, Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy, as well as TDP chief N Chandrababu Naidu, State BJP chief G Kishan Reddy and several other leaders from Telangana and Andhra Pradesh, expressed grief at Gaddar's demise.

06.08 / 08:43

Citi performer ISRO invites applications for these posts, apply before August 21: Vacancies, fee, eligibility, test details here

Also read: Chandrayaan-3 LIVE Updates: Soft-landing of Chandrayaan-3 on lunar surface likely on 23 August As for the eligibility criteria, candidates should be aged between 18 to 35 years to apply for these posts. The selection process for ISRO Recruitment 2023 involves a Written Test and a Skill Test. The written test will be of 90 minutes duration and will consist of 80 multiple-choice questions.

04.08 / 18:15

UPS Assurant performer country NOT audit Audit unreliable, invalid if files not submitted: NFRA

NEW DELHI : Absence of audit documentation and failure to submit audit files to the regulator is clear evidence that the audit is unreliable and invalid, National Financial Reporting Authority (NFRA) has said in a regulatory order. NFRA said not maintaining audit files is viewed seriously by global regulators including Public Company Accounting Oversight Board of the US.

04.08 / 13:21

Lowe's Mobile country Urbanisation intensifies the prevalence of inflammatory bowel disease in India, reveals Lancet Study

Urbanisation could be the main cause behind the prevalence of inflammatory bowel disease (IBD) in India. The disease has increased to more than 5 per cent compared to 0.1 per cent in 2006, according to a study published in The Lancet.

02.08 / 17:43

COST UPS Provident Aware Veda country Suniel Shetty invests in mental health app

₹55 crore over the next two years in the app to offer accessible, inclusive mental health support to people and provide a solution to help end the stigma of mental health. The made-in-India app, Shetty said, will democratize mental health treatment in India and worldwide. “I have seen the dedication of Manun since he launched Veda and when he came up with the idea to launch an app to make it affordable and accessible to people, my first question to him was how can I help? This app is a significant step in supporting people with mental health tools and online therapy so they can thrive in all aspects of their lives.

02.08 / 10:03

UPS VISA Manufacturing Action Xiaomi country India should be pragmatic about huge Chinese investments

Financial Times in an interview last week, “We are open to doing business with any company anywhere as long as they are investing and conducting their business lawfully and are in compliance with the Indian laws." He added, for good measure, that India was “open to all investments, including Chinese". That these statements were meant for consumption overseas is evident if one looks at the ground reality. China’s BYD Motors has become the latest casualty of India’s undeclared economic cold war with China.

02.08 / 09:17

COST Citi Digital Aware Entertainment Record 82,628 companies, LLPs incorporated between April and July: MCA

Ministry of Corporate Affairs (MCA) said on Wednesday. Similarly, as many as 1.96 million forms were filed on the MCA21 (Version 3, or V3) portal between April and July, it said in a series of tweets.

02.08 / 07:59

Racing Nielsen country First Formula E race had positive impact on Hyderabad's economy

Greenko Hyderabad E-Prix, hosted in collaboration with the Telangana government, delivered an economic impact of nearly USD 84 million, according to a report. The economic study conducted by Nielsen Sports Analysis calculated an USD 83.7 million uplift to Hyderabad's economy as a result of the ABB FIA Formula E World Championship's debut race in India on February 11.

01.08 / 12:45

UPS Citi FIVE show country E-commerce industry to create 7 lakh gig jobs in second half of 2023: TeamLease

e-commerce industry is likely to create 7,00,000 gig jobs in the second half of this year as businesses are recruiting temporary workers to ensure best customer experience during the festive period, according to a TeamLease report. The country's e-commerce companies are gearing up to meet consumer demands during the annual shopping frenzy in the run-up to the festive season, and this surge is projected to generate almost 7,00,000 gig jobs in the second half of 2023, the staffing company said in its report on Tuesday.

31.07 / 18:13

Citi FIVE Parke film K Raheja Corp plans to consolidate residential business, NCLT okays demerger

K Raheja Corp is planning to consolidate its residential real estate portfolio to improve focus on housing and increase the scale of the business. The group also expects to attract strategic and financial investments in the company, which is proposed to be its flagship residential real estate development entity.

31.07 / 18:01

UPS Citi Provident Cooper Aviat Metro expansion Telangana Cabinet approves Rs 60,000 crore plan for expansion of metro rail in Hyderabad

Telangana Cabinet on Monday decided to expand the metro rail network in Hyderabad with about Rs 60,000 crore in the next three-four years and, among other decisions, to provide ex-gratia to the kin of 40 people who died during the recent heavy rains in the state. In another key decision, the cabinet meeting, presided over by Chief Minister K Chandrasekhar Rao, decided to recognise the over-43,000 employees of the state-run Road Transport Corporation (RTC) as government staff. Briefing reporters after the cabinet meeting, State Municipal Administration Minister K T Rama Rao said it has been decided to expand metro rail on a large scale to strengthen public transport in Hyderabad.

31.07 / 14:13

Citi Career country National 2024 open XAT 2024 registration open; national-level MBA entrance exam to be held on January 7, 2024, across 80 cities

Registration for Xavier Aptitude Test (XAT) 2024, the national-level MBA entrance exam, has now begun. The test is scheduled to take place on Sunday, January 7, 2024. With its scores accepted by over 160+ prestigious management institutes across the country. For XAT 2024, the registration fee is Rs. 2100. However, candidates applying for XLRI programmes are required to pay an additional fee of Rs 200 each, according to an official release.

31.07 / 14:09

UPS awards performer stage IRB Infra Q1 Results: Net profit declines 63% to ₹133 crore on lower income, toll collection up 18% YoY

IRB Infrastructure Developers announced its April-June quarter results for fiscal 2023-24 (Q1FY24) reported a decline of 63 per cent in net profit at ₹133.67 crore, compared to ₹363.19 crore in the corresponding quarter last year. The fall in profit was dragged by lower income during the quarter-under-review. The company's total income in the first quarter of the current fiscal also declined to ₹1,745.47 crore, compared to ₹1,995.40 crore a year ago.

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