A delegation of Taiwan-based contract manufacturer Foxconn on Tuesday met Telangana Chief Minister Revanth Reddy who assured them the required support for the operations of its manufacturing centre at Kongara Kalan near here. A press release from the CMO said the state government will also extend all necessary support to upcoming projects which are being undertaken by Foxconn. Foxconn Group, which will be investing USD 550 million in Telangana, entered into an agreement with the state government in March this year assuring them to create one lakh jobs by setting up an electronics manufacturing unit. In the first phase, the company will provide 25,000 jobs in the next two years. The firm held a groundbreaking ceremony in May for the facility to make Apple AirPods. The proposed electronics manufacturing facility at Kongara Kalan near here is a milestone for the Taiwanese firm's global expansion strategy diversifying its global manufacturing base, a press release had earlier said. T
Office space demand surged 92 per cent during October-December period across six major cities on better demand of workspace from corporates and coworking operators, according to Colliers India. Real estate consultant Colliers India report shows that gross leasing of office space stood at 20.2 million square feet in the fourth quarter of this calendar year from 10.5 million square feet in the year-ago period. Helped by strong demand during the December quarter, the total leasing of office space rose 16 per cent to 58.2 million square feet during the 2023 calendar year from 50.3 million square feet last year. Colliers tracks office demand and supply of 6 cities -- Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai, and Pune. Gross leasing or absorption does not include lease renewals, pre-commitments and deals where only a letter of intent has been signed. According to the data, the office space leasing in Bengaluru rose 58 per cent to 5.5 million square feet during October-December .
"Yaary facilitates peer-to-peer transactions between customers and service providers with 0% commission, charging only a nominal SaaS fee to service providers," the ONDC-backed firm said
India ordered 2.5 biryanis per second in 2023, and on the day of the World Cup 2023 finals, on November 19, India ordered 188 pizzas per minute
The oath was administered by Telangana Governor Tamilisai Soundararajan. Telangana Chief Minister Revanth Reddy was also present on the occasion
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FedEx Express, an arm of New York Stock Exchange-listed, global express transportation firm FedEx Corp, on Tuesday inaugurated its first tech hub in India at Hyderabad, set up at an investment of USD 100 million. Envisioned as a hub for technological and digital innovation, the facility is aligned with the Telangana government's strategic emphasis on nurturing a thriving pool of tech talent, the company said in a statement. In addition to boosting employment opportunities, it will also contribute to the development of new capabilities and meeting the technological requirements of FedEx operations worldwide, it said. Marking a significant investment of USD 100 million in Hyderabad's economic landscape, FedEx Express inaugurated its first Advanced Capability Community (ACC) in Hyderabad on Tuesday, the company said in the statement. This investment in talent and innovation is part of our broader plan to drive excellence and deliver unparalleled smart logistics solutions worldwide, sa
The Asaduddin Owaisi-led All India Majlis-E-Ittehadul Muslimeen (AIMIM) continued to hold sway over its traditional bastion of the Old City of Hyderabad as it retained the seven seats held by it in the outgoing Telangana Assembly on Sunday. AIMIM candidates won from seven out of the nine seats it contested in the Telangana assembly election. The party, which has held on to these seven segments in the outgoing assembly, has been winning from these seats since 2009. Akbaruddin Owaisi, younger brother of AIMIM president and Hyderabad MP Asaduddin Owaisi, registered an emphatic win in Chandrayangutta seat, his sixth in a row since 1999, with a margin of 81,660 votes. Akbaruddin polled 99,776 votes while his nearest rival got 18,116 votes. In Malakpet, Ahmed Bin Abdullah Balala won his fourth straight term with a majority of 26,106 votes against his nearest Congress rival Shaik Akbar while Jaffar Hussain emerged victorious from Yakutpura by a margin of just 878 votes against Majlis Bac
Samajwadi Party declared the highest assets among regional parties in the year 2021-22, followed by the Bharat Rashtra Samithi, a report by a democratic reform think tank said. According to Association for Democratic Reforms, during the financial year 2020-21, SP declared assets totalling Rs 561.46 crore, which increased by 1.23 per cent to Rs 568.369 crore in 2021-22. The party was followed by BRS which declared total assets of Rs 319.55 crore in FY 2020-21 and Rs 512.24 crore in FY 2021-22. Between the two years, the total assets of DMK, BJD, and JD(U) increased by 95 per cent. The Dravida Munnetra Kazhagam declared assets worth Rs 115.708 crore in 2020-21, which increased by 244.88 per cent to over Rs 399 crore in 2021-22. The Biju Janata Dal had declared assets worth over Rs 194 crore in 2020-21, which increased by 143 per cent to Rs 474 crore in 2021-22, while JD(US) declared assets worth Rs 86 crore in 2020-21, which went up by over 95 per cent to Rs 168 crore in 2021-22. I
Information Technology industry veteran T V Mohandas PaI's post on social media about Hyderabad's potential in dethroning Bengaluru from its exalted IT city status, has elicited a rebuke from the state government with Minister Priyank Kharge stating that it has become a habit for some people to speak taking an anti-Karnataka stand. Kharge, the Minister for IT & BT, on Wednesday said, not a single company, which has come to the negotiation table of the Government of Karnataka, has left the state. Pai earlier today in a post on 'X' tagging Chief Minister Siddaramaiah and Deputy Chief Minister D K Shivakumar said, "Will Hyderabad Dethrone Bangalore's IT Status? Continued neglect of Bengaluru by successive govts over last 10 years has led to this. Hope govt shows more energy to improve city." Interestingly the tweet came on a day, when the city is hosting the 'Bengaluru Tech Summit (BTS)', the annual global tech event promoted and organised by the state government. "I feel that ...
The district collector of Hyderabad, Anudeep Durishetty announced the holiday for all educational institutions in Hyderabad
Ride-sharing platform, Rapido on Monday announced the launch of free rides to over 2,600 polling stations in the city on November 30, to help voters. A press release from the firm said, the initiative reflects Rapido's commitment to boosting voter turnout in Telangana, particularly among its predominantly young user base. Rapido's Co-founder Pavan Guntupalli, said India's democracy is its biggest highlight, and we are proud to be the disruptors in making every vote count. We urge people to participate in greater numbers to cast their vote without worrying about transportation. By facilitating free bike rides on Election Day, we intend to encourage citizens to exercise their right to vote. Recognizing transportation as a critical factor in voter participation, Rapido's offer of free rides aims to boost widespread participation in the election process, ensuring that many can actively partake in the festival of democracy, the release added.
Union Minister and Telangana BJP president G Kishan Reddy on Monday said Hyderabad would be renamed as 'Bhagyanagar' if his party comes to power in the state. Reddy, who spoke to reporters here, said the names of cities like Madras, Bombay and Calcutta have been changed. "Yes. Definitely, if the BJP government comes to power, (we) will change the name of Hyderabad. I am asking who is Hyder? Do we need the name of Hyder? Where has Hyder come from? I am asking who needs Hyder. If BJP comes to power, definitely, (we) will remove Hyder and change the name as Bhagyanagar," he said. Why should the name not be changed, he asked. The name of Madras has not been changed to Chennai by the BJP but by the DMK government, he said. What is wrong with changing the name of Hyderabad to Bhagyanagar when Madras has been renamed as Chennai, Bombay as Mumbai, Calcutta as Kolkata, Rajpath as Kartavya Path, he said. "We will completely change all those which reflect the slavish mentality if BJP comes
US global digital transformation solutions company has more than 20,000 employees in India
This comes days after the Congress released its 'Abhyas Hastam' manifesto which constituted of six guarantees
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Prime Minister Narendra Modi on Saturday said the Centre would soon form a committee which would adopt all possible ways for empowering Madigas (a SC community) with regard to their demand of categorisation of Scheduled Castes. He was speaking at a rally organised here by the Madiga Reservation Porata Samithi (MRPS), a community organisation of Madigas, one of the biggest constituents of Scheduled Castes in Telugu states, which fights for the categorisation of SCs. The BJP stood with you in every struggle since the last three decades, he said. "We are committed to end this injustice at the earliest...It is our promise that we will soon constitute a committee that will adopt all possible ways for empowering you. You and we also know that a big legal process is going on in the Supreme Court. We consider your struggle to be just," he said. "We will ensure justice. It is the top priority of the Government of India to see to it that you get justice in court also. With full strength, th
Prime Minister Narendra Modi will be addressing a rally being organised by the Madiga Reservation Porata Samithi, a community organisation of Madigas, one of the biggest constituents of scheduled castes in Telugu states, at the Parade Ground here on Saturday. This is Modi's second rally in a row in the city after the notification for the polls was announced on November 3. MRPS has been demanding sub-categorisation of reservation for the Scheduled Caste communities for over three decades. NV Subhash, BJP Telangana spokesperson, said PM Modi will make some key announcements with respect to categorisation of SCs. The city police issued traffic advisories in connection with the meeting. On November 7, Modi addressed a rally here - "BC Atma Gourava Sabha" (Backwards classes self-respect meeting)- at the LB Stadium here. He promised that if voted to power in the November 30 Assembly elections, the BJP would make a person from the BC community the chief minister in Telangana.
Telangana is set to witness a triangular contest between the BJP, the ruling Bharat Rashtra Samithi, and the Congress in the upcoming assembly election.
Founder and Chairperson of Reliance Foundation Nita Ambani on Wednesday inaugurated the first Swadesh' store by Reliance Retail here. Speaking at the launch of the first standalone Swadesh store Nita Ambani said, Swadesh is an ode to India's traditional arts and artisans. It's our humble initiative to preserve and promote our country's age-old arts and crafts. Swadesh highlights the spirit of Make in India' and offers respect and sustenance to our skilled craftsmen and craftswomen. Through Swadesh we hope to give them the global recognition that they richly deserve. That is why we are excited to expand Swadesh not just across India, but internationally too, in the US and Europe, she said, according to a release. The first Swadesh store in Jubilee Hills in the city, spread across 20,000 sq ft, will house an eclectic collection of carefully curated products made entirely by hand by India's skilled and talented artisans using long forgotten techniques and local materials, it said. The