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Uttam Kumar Reddy reiterated the government's commitment to supporting Hyderabad's real estate and construction sector, aiming to transform the city into a globally competitive destination. Speaking at the 14th Edition of the Property Show at Hitex Exhibition Centre on Friday, Uttam Kumar Reddy assured real estate developers that the government regarded them as «partners in progress» and was dedicated to working alongside them to drive Hyderabad's growth. «Our government is standing with you. To achieve our goal of making Hyderabad a truly global destination, we must work together completely. You are essential partners in driving Hyderabad's progress,» he added.

Reliance Retail has tapped several expatriates with retail experience from Europe, US and South Asia in a bid to streamline its grocery supply chain operations, enhance the online fashion business Ajio and improve margins, two industry executives said. Some of these expats have also been entrusted to coach a pool of young Indian leaders for a top leadership succession planning exercise started recently by the retail business of Reliance Industries Ltd, the executives said. At least five chief executives at Reliance Retail in their late 50s and 60s may move to mentoring roles as advisors or superannuate over the next few years. The initiatives at Reliance Retail come at a time when brick-and-mortar retailers, including Reliance, and Avenue Supermarts Ltd—the owner of DMart retail chain—are facing intense challenges in grocery retail from quick commerce platforms in large cities amid a subdued demand environment.

US stock market is lying in a very interesting position at this point, more so because of the political uncertainty surround the Presidential elections in November. Volatility factors have become a reality under these circumstances, with some stocks that are betting on Donald Trump, shooting upwards while some assets like Dow Jones Industrial Average showing a sharp dip in recent days.

Israeli military strikes across the Gaza Strip have killed at least 72 people since Thursday night and Israeli forces launched a night-time raid on a hospital in the north of the enclave, Palestinian officials said. The Gaza health ministry said a strike on houses in the southern city of Khan Younis killed at least 38, many of them women and children. The Israeli military said its forces had killed a number of Palestinian gunmen in air and ground strikes in the southern Gaza Strip and dismantled military infrastructure.

Biocon founder Kiran Mazumdar-Shaw has urged the Karnataka government to hand over the contract for the upkeep of Bengaluru’s roads to Electronic City Township Authority (Elcita) after heavy rains over the last few days left many areas flooded and roads damaged. Elcita, a statutory entity with municipal powers with taxation powers, manages the 902-acre industrial township on Bengaluru’s outskirts that is home to more than 300 companies. Shaw, who is also the Executive Chairperson of Biocon, urged the government to give the contract to fix Bengaluru’s roads to Elcita, and not to the contractors of BBMP, the City’s civic body, in her posts on the micro-blogging platform X. She also used pictures of well-maintained roads in electronic city, one of which said, Elcita uses road metrics, an AI tool, to scan roads every fortnight for defects. This data allows them to fix issues quickly before they worsen.

Subscribe to enjoy similar stories. Quick-commerce platform Zepto is planning to appoint a managed office operator for its new head office in Bengaluru, said three people familiar with the development. The startup, which is in the process of moving base from Mumbai to the southern city, is in talks with flexible workspace providers such as WeWork India, IndiQube and Awfis, the people said on the condition of anonymity.

Hurriyat Conference chairman Mirwaiz Umar Farooq on Friday said the separatist amalgam is ready to engage with the BJP-led Centre for the resolution of the "Kashmir issue". «When the APHC (All Parties Hurriyat Conference) was formed by the leadership in 1993, the situation was entirely different with militancy at its peak (in Jammu and Kashmir). »Even at that time, the APHC, in its proclamation, had clearly stated that it advocates for a peaceful resolution of the Kashmir conflict by engagement and even after 30 years, this outlook remains the same," the mirwaiz said here. He was addressing the Friday congregation at the Jamia Masjid in the city's Nowhatta area.

Delhi Environment Minister Gopal Rai on Friday announced that the Delhi government will monitor hotspots across Delhi through drones, adding that his government is working day and night to control the pollution. Delhi Environment Minister Gopal Rai visited the Wazirpur industrial area on Friday, which is one of the 13 hotspots in the city. Speaking to mediapersons, Rai said, «As we had announced a winter action plan to control winter pollution, in that winter action plan, different measures are being taken to control pollution, to control vehicle pollution, to control biomass burning. The Aam Aadmi Party government is working day and night. But as you all know in our 13 hotspots, the level of pollution is higher than the normal AQI level in Delhi. Therefore, this time we decided that we would monitor hotspots through drones and under that, today Wazirpur is one of our 13 hot spots. Here today the drone has been piloted by the panel agency.»

Falguni Nayar, founder and chief executive of beauty and fashion retailer Nykaa, said quick commerce has impacted offline channels such as general and modern trade within the personal care category, and that the Mumbai-based company would not get into multiple categories of quick commerce “just for the sake of” ultra-fast delivery. “The industry is developing in a manner…where quick commerce is taking demand from traditional neighbourhood stores,” she said in a virtual interview with ET, ahead of launching the second edition of Nykaaland, the company’s beauty and lifestyle festival where it collaborates with brands for new launches. Nayar’s comment on the fast-growing quick-commerce channel comes at a time when various retail formats — including ecommerce — is impacted by the rapid rise of platforms like Blinkit, Zepto and Swiggy Instamart besides new entrants such as Flipkart Minutes, offering deliveries as fast as in 10 minutes.

According to a survey by the Financial Conduct Authority, around 1,363 incidents were reported in 2021, a number which increased to 1,670 in 2022 and 2,347 last year. The FCA study, which polled over 1,000 wholesale insurers, banks and brokers, found that most incidents (26%) related to bullying and harassment, followed by discrimination at 23%, although the largest group (41%) fell under the ‘other' category of the survey. This, according to the regulator, highlights how «difficult it can be to categorise issues of personal misconduct». However, the FCA noted that a rise in misconduc...

According to a survey by the Financial Conduct Authority, around 1,363 incidents were reported in 2021, a number which increased to 1,670 in 2022 and 2,347 last year. The FCA study, which polled over 1,000 wholesale insurers, banks and brokers, found that most incidents (26%) related to bullying and harassment, followed by discrimination at 23%, although the largest group (41%) fell under the ‘other' category of the survey. This, according to the regulator, highlights how «difficult it can be to categorise issues of personal misconduct». However, the FCA noted that a rise in misconduc...

Subscribe to enjoy similar stories. One of Hindi cinema’s most prominent family-owned studios changed hands this week. A 50% stake in Dharma Productions — established in 1976 by Yash Johar, and subsequently run by his son Karan — was picked up by Adar Poonawala, CEO of the Serum Institute of India.

Subscribe to enjoy similar stories. A year into the war in Gaza, Israel is back at the site of its first battles and engaged in one of the most ferocious campaigns of the conflict, a do-over that offers a cautionary tale for its other war in Lebanon. Homed in on northern Gaza, Israel has issued evacuation orders for every town north of Gaza City and dispatched two new brigades, in what the military says is its latest attempt to eradicate Hamas from the enclave.

Subscribe to enjoy similar stories. When Janet Yellen traveled to Beijing earlier this year, there was one person in particular she wanted to talk to: He Lifeng, one of the men holding the keys to the Chinese economy.

(This story originally appeared in on Oct 24, 2024)

Subscribe to enjoy similar stories. Many quick- and e-commerce firms have reportedly received notices from the Central Consumer Protection Authority (CCPA) for allegedly violating mandatory declaration rules of the Legal Metrology Act. Mint explains the law and how the CCPA protects consumers.

A former model has accused Donald Trump of groping her during a 1993 visit to Trump Tower in New York City after they were introduced by disgraced financier Jeffrey Epstein.

Subscribe to enjoy similar stories. Recently, conservationists in Bengaluru had a huge win. The State Board of Wildlife, headed by the Karnataka chief minister, approved a proposal to deem 5,010 acre of grasslands, about 25km outside the city, as the Greater Hesaraghatta Conservation Reserve (GHCR).

Gerard Butler recently shared his experience visiting Varanasi, India, from a decade ago. In a recent interview, the Hollywood actor described the city's chaotic yet loving environment and the peace he found by the banks of the Ganges River. Butler visited Varanasi with friends and performed a private puja during his trip. He recalled the memorable moment of taking a boat ride and participating in the city's famous Ganga Aarti. He said, “I came to Varanasi 10 years ago when I was travelling with seven friends and it was very tough because everybody wanted to do something different. We had this plan to go all through India.”

Bengaluru dominated as the country's top city for job opportunities and salary growth as it has registered a 9.3 per cent year-on-year increase, closely followed by Chennai and Delhi, a report said on Thursday. This growth underlines Bengaluru's reputation as a technology and business hub as the average monthly unified salary in the city stood at Rs 29,500, making it the highest-paying city in the country, according to TeamLease Services Jobs and Salaries Primer report for FY24. The report is based on an analysis of unified salaries across temporary and permanent hiring markets. This was closely followed by Chennai and Delhi, which reported strong salary growth of 7.5 per cent and 7.3 per cent, respectively, reflecting the competitive nature of these job markets, it noted.

By Wendell Cox