Page 2 - Hyderabad

T'gana govt setting up ₹1,000 crore fund to support startups: CM Reddy

Telangana Chief Minister A Revanth Reddy on Wednesday said his government is establishing a Rs 1,000 crore fund of funds to support startups. Speaking at the launch of Google for Startups Hub in partnership with the Telangana government here, he said the vision is for Hyderabad to become a hub not just for startups, but for unicorns. He set a target of at least 100 startups from Hyderabad to achieve unicorn status (means companies worth at least USD one billion). "Today, the Government of Telangana and Google are coming together to create a support system for you. My government is creating Rs 1,000 crore startup fund of funds. Use these funds and become the next Google," he said. "Only one suggestion is that you have to become one more Google from Hyderabad, Telangana or at least a USD billion company," Reddy said. The state government organised Telangana Rising 2047 Global Summit during the last two days where it shared its vision to become a USD one trillion economy by 2034 and

Telangana Summit: From Vantara to Bollywood, ₹5.4 trn deals in the pipeline

Day two of the summit witnessed investments of around Rs 2.49 trillion, spread across information technology, green energy, sports, and tourism, among others

33 outbound Indigo flights likely to be cancelled from Hyderabad today

As many as 33 outbound Indigo flights are expected to be cancelled from here on Thursday, Rajiv Gandhi International Airport sources said. Similarly, 35 incoming flights are also likely to be cancelled during the day, they said. Indigo cancelled 19 flights from Hyderabad on Wednesday. "We have been at Hyderabad Airport from yesterday at 6:00 PM until today at 9:00 AMover 12 hourswith no action taken by IndiGo regarding the Pune flight. This situation has caused significant inconvenience," a netizen said in a post on Thursday. "Total chaos at Hyderabad airport today flights delayed 12+ hours. To not give accommodation, they kept pushing it by "just 2 more hours" every single time for 12 hours. Same excuse: crew is coming soon. Unacceptable," another flyer said. The RGAI in a statement on Wednesday said some IndiGo flights at the airport have been impacted due to airline-related technology and operational issues, resulting in delays and cancellations. Requesting the passengers to

PM Modi inaugurates Skyroot's Infinity Campus, unveils Vikram-I rocket

Prime Minister Narendra Modi opened Skyroot's 200,000 sq ft Infinity Campus in Hyderabad, calling it a symbol of India's NewSpace transformation

PM Modi launches Skyroot Infinity Campus, unveils Vikram-I orbital rocket

Prime Minister Narendra Modi inaugurated Skyroot's Infinity Campus and unveiled the Vikram-I rocket, which can launch satellites; the campus will design, test and build rockets monthly

May open engine unit in India if more Rafales ordered: Safran CEO

Safran says it could establish an M88 engine assembly line in India if large Rafale orders are placed, as the firm expands Leap and M88 MRO facilities and triples India revenue by 2030

India's MRO sector to be worth $4 bn by 2031: Civil Aviation minister

India's aircraft maintenance, repair and overhaul market is projected to be worth USD 4 billion by 2031 providing unprecedented opportunities, Civil Aviation Minister K Rammohan Naidu said on Wednesday. Speaking at the inauguration of French major Safran's MRO (Maintenance, Repair and Overhaul) facility in the city, Naidu said the country will become a preferred destination for aircraft maintenance activities. The Safran Aircraft Engine Services India (SAESI) facility in the city will be operational in 2026 and will be a major boost for the country's indigenous capabilities in the fast-growing aviation sector. Naidu also noted that carrying out aircraft MRO activities within the country will help save up to USD 15 billion in foreign exchange in the coming years. The cost savings of the airlines will be passed on to the passengers, the minister added. India is one of the world's fastest growing civil aviation markets and domestic carriers have over 1,500 planes on order. Asserting

PM Modi inaugurates Safran's new aircraft engine MRO facility in Hyderabad

Safran's new Hyderabad facility will service LEAP aircraft engines, create over 1,000 skilled jobs and boost India's MRO capacity

One dead, 7 injured after fire breaks out in Hyderabad electronics showroom

One person died and seven others were injured after a major fire broke out in an electronics showroom here, police said on Tuesday. The blaze started inside the showroom late Monday night and engulfed the two-floor building, which led to an explosion and due to its impact, a CNG-fitted car parked in front of the shop also caught fire, they said. One unidentified person died in the fire accident and seven others, including the electronics shop owner, sustained burns, a police official at Moghalpura Police Station said. The injured were shifted to different hospitals. As many as 10 fire tenders were rushed to the spot and the flames were brought under control, police said, adding people residing in nearby premises were evacuated. Based on prima facie information, Deputy Commissioner of Police (South Zone) Kiran Khare Prabhakar told mediapersons that the fire is suspected to have been caused due to short-circuit in the electronics showroom at around 10 pm on Monday. However, the exa

Jeh Aerospace opens next-gen manufacturing hub as global orders surge

Jeh Aerospace has launched its next-generation Mach 2 manufacturing hub in Hyderabad, expanding capacity nearly fourfold and embedding AI, autonomous machining and digital-twin systems

Want to be Hyderabad's go-to institutional investor, says Kalyan Sivalenka

The managing director of the Hyderabad Angel Fund says they are open to joining hands with other prominent VCs, and are looking to back mature businesses and entrepreneurs that are based in the city

Hyderabad overtakes Bengaluru to become top GCC destination: Study

During January to November, Hyderabad accounted for 46 per cent of all new GCCs established, while Bengaluru captured 33 per cent

Saudi bus accident: Hyderabad Police Commissioner confirms 45 dead

At least 45 people, most of them from Hyderabad, were killed in a bus accident in Saudi Arabia, the city police chief said on Monday, citing preliminary information. Addressing reporters here, Hyderabad police commissioner VC Sajjanar said a total of 54 people travelled to Jeddah from here on November 9. They were scheduled to return on November 23. Of the 54, four people travelled separately by car to Madina on Sunday, while another four stayed back in Mecca. According to the official, 46 people were travelling in the ill-fated bus, which collided with an oil tanker about 25 km from Madina. Only one person survived the accident and is currently undergoing treatment at a hospital. "We are getting information that 45 people died. They were supposed to return to Hyderabad on 23rd (of November)," he added. AIMIM MLA Majid Hussain said, "We have received information that over 40 people died in the accident, and we are coordinating with the families." The Consulate General of India i

Lilly's investment reflects long-term commitment to India: Winselow Tucker

Eli Lilly invests $1B in India as Mounjaro succeeds, Hyderabad site to boost global supply and innovation

42 Indian pilgrims feared dead in bus-tanker collision in Saudi Arabia

The pilgrims had completed their Umrah rituals in Mecca and were travelling to Medina when the tragedy struck. Many were reportedly asleep at the moment of impact

Andhra, Tillman Global sign deal for ₹15,000 cr Visakhapatnam data centre

Andhra Pradesh has signed an MoU with Tillman Global Holdings to develop a 300 MW hyperscale data centre campus in Visakhapatnam with an investment of Rs 15,000 crore over 12 months

Deutsche Borse to open Global Capability Centre in Hyderabad for expansion

German company Deutsche Borse would open its Global Capability Centre (GCC) in Hyderabad, the Telangana government said on Tuesday. A delegation led by German Consul General in Chennai Michael Hasper met Telangana Chief Minister A Revanth Reddy and the German team briefed him about the GCC which is being established as part of the Borse company's expansion, a release from the government said. The new facility will provide at least 1,000 job opportunities in the IT sector in the GCC in the next two years, it said. Thanking the German company for choosing Hyderabad to set up the GCC, the chief minister said Hyderabad is the best destination for investments and that the state government would extend full support to global investors. Reddy urged German companies to invest in IT, Pharma and Automobile sectors in the state. The CM reaffirmed that Telangana is ready to strengthen ties with Germany for more investments, the release added. The chief minister also appealed to the German tea

LIVE news updates: PM Modi launches ₹1 trillion RDI fund to boost private sector innovation

LIVE news updates, Nov 3: Catch all the latest updates here

Hyderabad to soon host regional centre of Indian Institute of Creative Tech

Hyderabad will soon get a regional center of the Indian Institute of Creative Technology (IICT) to further strengthen the growth of gaming, animation, and digital entertainment industries, a top official of the Ministry of Information and Broadcasting said here on Saturday. Addressing the WAVES Animation Bazaar and the 8th edition of IndiaJoy 2025, Sanjay Jaju, Secretary, Ministry of Information and Broadcasting, said one of the campuses of IICT will soon come up in Hyderabad, according to an official release. Highlighting the contribution of the Telugu film industry and the Telangana government's efforts in promoting the AVGC sector, he said Hyderabad continues to consolidate its position as the hub of India's Animation, Visual Effects, Gaming, and Comics (AVGC) ecosystem, driving the growth of the nation's creative economy. India's media and entertainment sector is rapidly expanding, serving as a vital expression of the nation's soft power, Jaju said. Speaking about the WAVES ...

Serene Communities, Prathima to develop ₹400 cr senior living projects

The RERA-approved project comprises 265 residences across two- and three-bedroom homes (1,025-1,700 sq. ft.) priced from ₹60 lakh onwards