City Hyderabad Financial News

real estate services firm CBRE in the March-ended quarter found that 96% of businesses expected employees to work at least three days a week at office once stability returns, up from 91% last year. Around 40% hoped to have work-from-office fully. A survey by Unispace found 92% of employees expect to work at least four days a week in the office in the near future.

Nykaa have dominated the sector in the recent past, it is increasingly seeing consolidation of brands or bigger conglomerates making an entry. The latest is Radhakishan Damani, billionaire investor and founder of Avenue Supermarts that runs the D-Mart chain.

₹1,200 per plate. The Idli is presented very lavishly with rose petals and edible gold paper. The innovative dish is viral on social media with people sharing their reactions to the idea with some even questioning the limit of experiments.

Altre has raised $1million in a pre series A round to grow technology, capability and teams across the country. Altre is a B2B fulfilment marketplace for commercial real estate.

BYD Motors' proposal to set up a $1 billion four-wheeler manufacturing facility in India in partnership with Hyderabad-based Megha Engineering and Infrastructures Ltd. The two companies had in their application to the Department for Promotion of Industry and Internal Trade (DPIIT) proposed to set up an electric vehicle plant in Hyderabad. The DPIIT had sought opinions from other departments on the investment proposal.

NEW DELHI : With the 2023 ICC Men’s Cricket World Cup captivating cricket fans, domestic airfares to Ahmedabad, where the crucial India-Pakistan match will be played on 15 October, have surged more than fourfold. Fares have shot up as fans scramble for tickets to witness the clash between the two teams in India after more than a decade. The last time India and Pakistan played each other on Indian soil was on January 2013 in Delhi.

The International Institute of Information Technology Hyderabad (IIITH) has established a cutting-edge virtual reality facility at Osmania Medical College (OMC) with the purpose of introducing state-of-the-art technology-assisted teaching. Initially, the focus of this facility is on imparting knowledge about anatomy, a fundamental subject for first-year MBBS students, according to an official statement.

India’s three key southern cities — Bengaluru, Chennai and Hyderabad — dominated office demand with contribution of 59 per cent of the total office leasing across the top 7 cities during the quarter ended June, according to the quarterly office market report by real estate consultant Vestian, titled ‘The Connect Q2 2023’.

international schools in Hyderabad experience an overwhelming surge in applications, with long queues forming outside their doors despite the steep fees. Across the country, the trend is similar, indicating a rising preference for these schools due to their holistic approach to education. Parents in Hyderabad, like in other parts of India, acknowledge that the substantial fees are offset by the assurance of overall development that these international schools offer.

Ajit Doval called on Sri Lanka President Ranil Wickremesinghe in New Delhi on Friday. Wickremesinghe who arrived in New Delhi yesterday on a two-day visit was welcomed by Union Minister of State (MoS) for External Affairs, V Muraleedharan. Wickremesinghe will meet with Prime Minsiter Narendra Modi today at the Hyderabad House here.

Bhopal to Singrauli via the Dakshin Express with a train change in the middle. As he and his family waited on the platform for the next train, the man decided to hop on to a Vande Bharat train for a toilet break and it proved to be quite the expensive adventure for the poor man. The family, hailing from Singrauli, Madhya Pradesh, had arrived in Bhopal from Hyderabad aboard the Dakshin Express at approximately 5:30 pm.

Also read: Monsoon rains Highlights: Heavy to very heavy rainfall expected in Raigad, Mumbai in coming days, says IMD In response to heavy rains, the Chief Minister's Office in Telangana has announced two days of holidays, 21 and 22 July, for all government offices and educational institutions within the Greater Hyderabad Municipal Corporation (GHMC) limits. CM K Chandrashekhar Rao emphasised that essential services like medical facilities and milk supply will continue uninterrupted during this period.

As of now, not all investors are eligible to claim for a refund through this website. According to Amit Shah, the Union Home Minister and Minister of Cooperation, the first payment of up to Rs 10,000 would be made through this portal to one crore investors who have deposited Rs 10,000 or more. Only claims submitted online through this site will be considered for a refund. Do note that there will be no charge for filing a claim.

Aurobindo Pharma, India's second-largest drug maker by revenue, has set its sights on becoming a $5 billion revenue company within the next 4 to 5 years. To fuel growth, the Hyderabad-based company will be making substantial investments on product development and clinical trials, to build a pipeline of complex and differentiated products encompassing biosimilars, vaccines, peptides, metered dose inhalers, and patches.

MUMBAI : Max Healthcare Institute Ltd’s petition seeking to prevent the sale of TPG-backed Care Hospitals to Blackstone Inc. has been dismissed by an arbitrator, three people with the knowledge of the deal said. On 16 March, Max signed a term sheet with Touch Healthcare to purchase Care Hospitals.

India's three key southern cities — Bengaluru, Chennai and Hyderabad dominated office demand with the contribution of 59% of the total office leasing across the top 7 cities during the quarter ended June, according to Vestian. As per the data, the combined office leasing in three major southern cities stood at 8.2 million square feet, out of a total 13.9 million square feet absorbed in the April-June quarter of this calendar year. Across seven major cities, office leasing fell 6 per cent to 13.9 million square feet during April-June as against 14.8 million square feet in the year-ago period due to delays in decision-making by large domestic firms and MNCs amid global uncertainties.

Bengaluru, Chennai and Hyderabad — three top southern cities — contributed 59 per cent to the total gross office leasing across seven major cities during the June quarter, according to real estate consultant Vestian. Bengaluru-based Vestian on Thursday released its quarterly office market report The Connect Q2 2023, stating that the combined office leasing in Bengaluru, Chennai and Hyderabad stood at 8.2 million square feet, out of a total of 13.9 million square feet office absorption in the April-June quarter this year.

Olectra Greentech rose 3% to Rs 1,345 in Thursday's intraday trade on BSE after the electric bus manufacturer awarded a contract to Megha Engineering & Infrastructures (MEIL) for the construction of a greenfield electric vehicle manufacturing facility in Telangana. «We would like to inform you that, the Company has awarded a contract for the construction of the greenfield electric vehicle manufacturing facility on 150 acres of land situated at Seetharampur, Hyderabad, Telangana to Megha Engineering & Infrastructures (MEIL) which is the ultimate holding company and a related party to Olectra Greentech Limited,» the company said in an exchange filing. As per the contract, construction of the greenfield EV manufacturing facility will be completed within 12 months from the date of approval of the shareholders (July 19, 2023).

₹2.75 lakh + GST.  The primary goal of the Atom GP1 is to provide a platform for young talents to familiarize themselves with the power and track responsibilities before progressing to larger motorcycles. However, it is important to note that the Atom GP1 is exclusively intended for track use and is not street legal. Over the course of three years, CRA Motorsports painstakingly developed the Atom GP1.

informal employees are prioritising factors such as prestige and career potential over wages today, says a Quess Corp report. The report by leading business service provider Quess Corp titled ‘New Collar Generation Report' uncovers the aspirations of India's informal economy post-pandemic.

Hyderabad, July 19, 2023: Sai Silks Kalamandir Ltd. (SSKL), which has received SEBI approval for an IPO in November 2022, has decided to allocate 4.76 % of its shares to their Employee Trust.