Page 17 - Hyderabad

Square Yards raises Rs 112 cr from HNIs for office space in Hyderabad

Proptech firm Square Yards, which recently entered into the business of helping investors in having fractional ownership of commercial properties, has raised Rs 112 crore from high net-worth individuals for the purchase of over 1 lakh square feet office space in Hyderabad. This is the first property being offered by the company to investors for fractional ownership, said Square Yards which is mainly in the property and loans brokerage business. PropsAMC, the asset management services and data intelligence arm of Square Yards, has raised Rs 112 crore for its first Grade A commercial project in Hyderabad, according to a statement issued on Sunday. The project is Square Yards' maiden venture into the fractional product category, with an average investment of Rs 40 lakh from a pool of over 250 investors. This over Rs 100 crore AUM (asset under management) milestone is a testament to the unbridled faith reposed by investors on our platform... " said Tanuj Shori, founder and CEO of Squar

Sania Mirza to play farewell exhibition tennis match in Hyderabad

Sania Mirza's farewell will occur on March 5 at Hyderabad's Lal Bahadur Stadium. Sania Mirza will participate in a handful of exhibition matches as part of the tournament

Income-Tax Dept conducts searches at real estate firms in Hyderabad

About 20 teams of I-T officials were conducting the simultaneous searches at the offices of Wonder City, Royal City and other companies

AIMIM passes resolution on violence against Dalits, Muslims, asks PM to act

The All India Majlis-e-Ittehadul Muslimeen (AIMIM) on Sunday passed several resolutions at the end of its two-day national conference in Mumbra in ,Maharashtra's Thane district, including on violence against Muslims and Dalits and demands from some Sangh Parivar segments to make India a 'Hindu Rashtra'. The conference was chaired by AIMIM chief and Telangana Lok Sabha MP Asaduddin Owaisi. Addressing a press conference here, Owaisi said, "One resolution unequivocally condemns the continuing and increasing attacks against Muslims, other minorities and Dalits. It is the duty of the Centre and state governments to ban illegal and criminal organisations that have undertaken a systematic campaign of terror in the garb of cow protection, anti-conversion, love jihad etc." He said his party sought a dedicated cell in the Ministry of Home Affairs to track and counter "majoritarian religious radicalisation", while victims of "majoritarian violence", those who have been lynched or killed in the

Bristol Myers Squibb to invest Rs 800 cr for drug development in Hyderabad

Bristol Myers Squibb, a world's leading biopharmaceutical company will establish a state of-the-art site here to expand its global drug development and IT capabilities with an investment of Rs 800 crore, a Telangana government press release said on Thursday. The announcement was made after Telangana Minister KT Rama Rao's meeting with Samit Hirawat, Executive Vice-President, Global Drug Development at BMS, who is in the city to participate in BioAsia 2023, it said. The company plans to begin operations in Hyderabad later in 2023, with the potential over the next few years to employ approximately 1,500 people who will be engaged in cutting-edge Research and Development and digital activities, a BMS release said. Rama Rao said, "I am delighted to welcome Bristol Myers Squibb to the vibrant ecosystem of Hyderabad. It is indeed a matter of pride that BMS, which is one of the most innovative and world leading biopharmaceutical companies, has chosen Hyderabad and I strongly believe this .

WHO to set up mRNA vaccine hub in Hyderabad: IT Minister KT Rama Rao

The World Health Organisation will be setting up mRNA (messenger ribonucleic acid) vaccine hub in Telangana, Minister for IT and Industries KT Rama Rao said on Tuesday here. mRNA is becoming a promising technology to address a growing number of infectious diseases. Speaking to reporters on various steps being taken by the state government to promote the life sciences sector, Rama Rao said Telangana has a target of making the industry worth USD 100 billion from USD 50 billion in 2021 and the workforce from the existing four lakh to eight lakh in the next five years. "In fact, this will be another big announcement. WHO is going to set up its mRNA vaccine hub in Hyderabad," he said refusing to provide details. In an interview to a TV channel in Davos in January, KTR said the WHO was keen to set up the hub in Hyderabad and hopefully it will happen soon. Rama Rao said more than USD 3 billion worth of investments and trade took place during the past 19 editions of BioAsia, a flagship an

Data centre capacities in India to rise six-fold in next six years: Icra

Mumbai, Hyderabad and the National Capital Region (NCR) will account for 70-75 per cent of the installed DC capacity

A chor-police potboiler

The Hyderabad Heist is a blow-by-blow account of an audacious theft committed in 2018, and a recounting of how the Hyderabad Police combined technology and human intelligence to crack the case

Hoax bomb call at Google office in Pune; caller held in Hyderabad

Google company's office in Maharashtra's Pune city was briefly put on alert after it received a call about a bomb in the premises which later turned out to be a hoax, police said on Monday. A man, who allegedly made the call in an inebriated state, has been traced to Hyderabad and apprehended from there, they said. "The office, located on the 11th floor of a multi-storey commercial building in Pune's Mundhwa area, received a call late Sunday night that a bomb was kept in the office premises," Deputy Commissioner of Police (Zone V) Vikrant Deshmukh said. After being alerted, Pune police and the Bomb Detection and Disposal Squad reached the spot and carried out extensive searches, he said. "The call later turned out to be a hoax. The caller has been traced to Hyderabad and apprehended. He allegedly made the call in an inebriated condition," the official said. Further investigation is on into the incident, he added.

Chaos as vehicular traffic intrudes Formula E race track in Hyderabad

A day before ABB FIA Formula E World Championship race here, chaos broke out after vehicular traffic entered the race area of the street circuit on Friday

World's fastest accelerating e-car unveiled at Hyderabad e-motor show

Battista, the world's fastest accelerating electric car, was unveiled at Hyderabad E-Motor Show here on Thursday

Top players showcase next gen EV models at Hyderabad e-motor show

Top automotive players are showcasing their next gen electric vehicle models at the inaugural Hyderabad E-Motor Show, which began here on Wednesday

Earthquake of 3.1 magnitude with depth of 5 kms hits Telangana's Nizamabad

An earthquake of magnitude 3.1 on the Richter scale struck 120 km Northwest of Nizamabad on Sunday, according to the National Center for Seismology (NCS).The quake occured in the state at a depth of 5 kilometres, at a latitude of 19.43 and a longitude of 77.27 at around 8:12 am on Sunday."Earthquake of Magnitude:3.1, Occurred on 05-02-2023, 08:12:47 IST, Lat: 19.43 & Long: 77.27, Depth: 5 Km, Location: 120km NW of Nizamabad, Telangana," NCS said in a tweet.No loss of life or damage to property has been reported yet.Earlier on January 24, strong tremors were felt in parts of Delhi and National Capital area Tuesday.The quake lasted for at least 15 seconds, with people seen rushing out of their homes and offices.According to the National Centre of Seismology, the epicentre of the earthquake was centred in Nepal.

Sanofi offers VRS to 800 staffers at India vaccine units amid review

The drugmaker is offering voluntary retirement scheme (VRS) to all its employees at two sites near Hyderabad

Startup 20 group to hold its inception meeting in Hyderabad on Jan 28-29

Hyderabad will host a two-day inception meeting of the Startup 20 Engagement Group, set up under India's G20 presidency, from Saturday. G20 is a grouping of developed and developing nations. India is holding its presidency for this year. Startup 20 is an important engagement group and Hyderabad has a culture of innovation, G20 Sherpa Amitabh Kant told reporters on Friday. Startup20 has three different tracks, namely, foundation and alliance, finance and inclusivity and sustainability, said Anurag Jain, Secretary, Department for Promotion of Industry and Internal Trade. Startup20 aspires to create a global narrative for supporting start ups and enabling synergies between start ups, corporates, investors, innovation agencies and other key ecosystem stakeholders, an official release said. The purpose of this group is to provide a common platform for start ups from G20 member countries to come together to develop actionable guidance in the form of building of enabler's capacities, ...

Left parties in Telangana felicitate daughter of Ernesto 'Che' Guevara

Left parties in Telangana on Sunday felicitated Aleida Guevara, daughter of Cuban revolutionary Ernesto 'Che' Guevara, who arrived here. Aleida along with her daughter Estefania Guevara were received at the airport by members of the Left parties. Aleida visited the office of Telangana state unit of the CPI where she was felicitated by the Communist leaders among others. At another event she was honoured by CPI(M) leaders. In the evening, Aleida addressed 'Cuba Solidarity Meeting' organised by the National Committee for Solidarity with Cuba, CPI and CPI(M). "The United States government created laws with an extra-continental character, with which it tries to prevent Cuba's trade with other people of the world. Despite this blockade, we continue to practice solidarity with all the people of the world," a release issued by the organisers, attributed to her as saying. Telangana High Court Judge Justice G Radha Rani, Senior BRS leader and vice-chairman of Telangana Planning Board B Vin

PM to address public meeting, inaugurate projects in Hyderabad on Feb 13

Prime Minister Narendra Modi will visit Hyderabad on February 13 to inaugurate or lay the foundation stone for various projects and address a public meeting

Microsoft to invest Rs 16,000 cr to set up 3 more data centres in Hyderabad

In a testament to Telangana and Microsoft's commitment to help each other grow, Microsoft announced its first captive data centre investment of three campuses early in 2022

Airtel to invest Rs 2,000 cr to set up hyperscale data centre in Hyderabad

The project is estimated to be deployed in the next five to seven years, it further said

IND vs NZ Series: Where to watch and how to live stream in India; details

IND vs NZ Series 2023: Check out live streaming details, and broadcast options in India along with the venue, date, pitch report and weather forecast for the first ODI between India and New Zealand