Page 3 - Hyderabad

Godrej Properties sells 683 units worth over ₹1k cr in Hyderabad project

Godrej Properties Ltd on Monday said it has sold 683 housing units for more than Rs 1,000 crore in its new residential project in Hyderabad, driven by strong consumer demand. In a regulatory filing, the company said it has sold inventory worth over Rs 1,000 crore in its project 'Godrej Regal Pavilion' located at Rajendra Nagar, Hyderabad. The project was launched earlier this month. At the launch, the company had sold 683 homes with a total area of 1.20 million square feet. The total developable area in this large project is 4.14 million square feet with an estimated revenue potential of Rs 3,600 crore. On the customers' response, Gaurav Pandey, MD & CEO, Godrej Properties, said, "This outcome reflects the rising preference for trusted, branded residences and Hyderabad's strong growth potential." Recently, Godrej Properties acquired 7.82-acre of land in Hyderabad through the auction process for Rs 548 crore. This upcoming project would have an estimated revenue potential of Rs

Hyderabad rising in Biotech, Pharma, MedTech innovation: Revanth Reddy

Telangana Chief Minister A Revanth Reddy on Sunday said Hyderabad has risen from manufacturing to innovation in Biotech, Pharma and Medical Technology. Speaking at the Biodesign Innovation Summit held at AIG Hospital here, he assured end-to-end support for innovation in medical products using BioDesign, with the state government being a proactive partner, a release from CMO said. Reddy said Hyderabad has a synergy of excellent academic institutions, skill development and industry partnerships, and as a result has a great workforce. Advocating for indigenous innovation to solve India's medical needs, he said that innovators and researchers will have access to Telangana's historical medical data, while strictly following data privacy. "We will connect you to academic institutions, research, innovation bodies, the Young India Skills University and corporations," he said. "For many years, our best minds were solving problems of other countries. It is a good thing. Time has now come whe

Godrej Properties to buy 7.82-acre land in Hyderabad for nearly ₹550 cr

Godrej Properties Ltd has won a bid to acquire 7.82-acre land in Hyderabad for nearly Rs 550 crore. In a regulatory filing on Thursday, the company said it has participated in an e-auction conducted by the Telangana Housing Board (TGHB). Godrej Properties has "emerged as the highest bidder for 7.825 acre land parcel in Kukatpally (KPHB), Hyderabad, with a total combined bid value of Rs 547.75 crore". The housing board would issue the allotment letter after following the due process. Godrej Properties will develop a housing project on this land parcel. The estimated revenue potential of this project would be Rs 3,800 crore. Gaurav Pandey, MD & CEO, Godrej Properties, said, "As Hyderabad continues to strengthen its position as a dynamic real estate market, Kukatpally represents a strategic location that aligns with the city's growth trajectory." Godrej Properties is one of the leading real estate developers in the country.

5 killed as chariot hits live wires in Hyderabad Janmashtami procession

According to the police, the injured were rushed to the hospital, while the bodies have been sent for post-mortem examination

ED conducts searches at 6 locations in Hyderabad in bank-fraud case

The Enforcement Directorate (ED) has conducted searches at six locations in Hyderabad in connection with a bank-fraud case against the promoters and directors of a company and its associate entities. The ED initiated its investigation on the basis of an FIR registered by the Anti-Corruption Bureau of the CBI in Hyderabad against SEW LSY Highways Limited and others under various sections of the Indian Penal Code and the Prevention of Corruption Act for allegedly siphoning off and diverting loan funds, cheating and criminal misconduct, resulting in the loss of public money, the agency said in a statement. The federal agency's Hyderabad zonal office conducted search operations on Tuesday at six locations in Hyderabad under the provisions of the Prevention of Money Laundering Act (PMLA) in connection with a bank-fraud case against SEW Infrastructure Limited (SIL), Prasad and Company (Project Works) Private Limited (PSPWPL), group companies and their promoters and directors, the statement

Six Indian cities rank among Asia-Pacific's top 10 tech talent hubs

Bengaluru hosts the world's largest concentration of data scientists, Hyderabad leads in under-25 tech professionals, and Indian cities now account for 69 per cent of Asia-Pacific's total tech talent

HCA chief Jagan Mohan Rao, four others held by Telangana CID in IPL probe

Hyderabad Cricket Association president A Jagan Mohan Rao and four others were on Wednesday taken into custody by the Telangana CID for questioning in connection with the allegations levelled against him and others by the Sunrisers Hyderabad during the 2025 IPL season, police said. HCA office bearers including Jagan Mohan Rao, Treasurer C Srinivas Rao, CEO Sunil Kante, General Secretary Rajender Yadav and his wife G Kavita were taken into custody for questioning, a senior police official said. Earlier, Telangana Chief Minister A Revanth Reddy had ordered an inquiry into Sunrisers Hyderabad plea seeking intervention of cricket governing bodies to halt the recurring blackmailing tactics by the HCA. The state unit, however, denied all such charges by the franchise. In a letter to the Board of Control for Cricket in India (BCCI) and the Indian Premier League (IPL) Governing Council, Sunrisers Hyderabad alleged that the HCA was "threatening" the franchise, primarily for more complimentar

Threat of Naxalism now confined to just five-six districts: Rajnath Singh

Defence Minister Rajnath Singh has said that the infamous red corridor is now confined to just five-six districts, and these regions are turning into growth hubs

Rupam Roy elected general secy of All-India State Bank Officers' Federation

All-India State Bank Officers' Federation (AISBOF) on Sunday said members of the union have elected Rupam Roy as its general secretary for a period of three years. The election took place at the union's 29th Triennial General Council held at Hyderabad, AISBOF said in a statement. In the elections held on Sunday, Arun Kumar Bishoyi and Rupam Roy were re-elected unanimously as president and general secretary of AISBOF for the triennial period 2025-2028, reaffirming the overwhelming confidence of the membership in their leadership, it said. Several important resolutions were adopted to strengthen the Federation's role in protecting the interests of its members in general and the society at large, it said. The event was also graced by SBI managing director Vinay M Tonse and Kishore Kumar Poludasu Deputy Managing Director (HR), it added.

GMR Hyderabad International Airport acquires 70% stake in Logistics Park

GMR Airports Ltd on Thursday said its subsidiary GMR Hyderabad International Airport Ltd has completed the acquisition of 70 per cent stake in its associate company -- ESR GMR Logistics Park Pvt Ltd. GMR Hyderabad Aerotropolis Ltd (GHAL), a wholly-owned subsidiary of GMR Hyderabad International Airport, already holds a 30 per cent stake in ESR GMR Logistics Park Pvt Ltd (EGLPPL). EGLPPL, an associate company of GMR Hyderabad International Airport, is into development of warehousing and logistics parks in Hyderabad. For the transaction, GMR Hyderabad International Airport had entered into a share purchase agreement with other shareholders. "... Upon fulfilment of conditions precedent, the process of transfer of share and exchange of consideration between the GHIAL and ESR Group has been concluded," GMR Airports said in a regulatory filing on Thursday. According to a filing made on May 21, GHIAL was to buy the 70 per cent stake in ESR GMR Logistics Park Pvt Ltd for a little over Rs

Viral video: Woman drives car on railway track near Hyderabad, train movement disrupted

Viral video: Woman drives car on railway track near Hyderabad, train movement disrupted

France's Safran to set up Rafale engine maintenance unit in Hyderabad

The upcoming unit, named Safran Aircraft Engine Services India, will specifically handle the maintenance, repair, and overhaul of M88 engines used in the Dassault Rafale aircraft

Utopia secures $1.5 mn from Whale Tank to develop obesity vaccine

Hyderabad-based biotech Utopia Therapeutics raises seed funding from Whale Tank to accelerate preclinical work on its novel immunotherapy vaccine targeting obesity

Air India flight from Hyderabad to Mumbai cancelled due to technical snag

A Mumbai-bound Air India flight from Hyderabad with 92 passengers on board was grounded and subsequently cancelled on Friday due to a technical glitch, airport sources said. After boarding, a technical snag was noticed following which the passengers were deplaned and accommodated in another Air India flight, they said. "AI 2534 to Mumbai was cancelled due to technical reasons," the sources said.

'Bomb threat' diverted Lufthansa flight lands at Hyderabad from Frankfurt

A Lufthansa flight to Hyderabad that was forced to make a U-turn and return to land at Frankfurt Airport due to a bomb threat landed in the Telangana capital on Monday night local time. A passenger on board told PTI that the plane had landed safely, with the pilot apologising for the inconvenience caused by the delay due to matters beyond their control. "The flight took off and is expected to land at 23:18 hrs, Lufthansa said in response to a query earlier. Flight tracker website Flightaware.Com data showed Sunday's aborted flight en route to Rajiv Gandhi International Airport in Hyderabad. Flight LH752 had earlier departed from Germany on Sunday afternoon local time and was scheduled to land at the Hyderabad airport in the early hours of Monday, but Lufthansa said it had to be turned around over a bomb threat, with passengers provided overnight accommodation. "Out of an abundance of caution, Lufthansa flight LH752 from Frankfurt to Hyderabad returned to its point of departure aft

BRS leader K T Rama Rao appears before Telangana ACB in Formula E race case

BRS Working President K T Rama Rao on Monday appeared before the Telangana government's Anti-Corruption Bureau (ACB) as part of its ongoing inquiry in the Formula E race case. Speaking to reporters at the BRS headquarters here prior to his appearance, Rama Rao called the investigation against him "political harassment" and accused the Congress government of trying to divert public attention from its "failure" to fulfill the election promises. "May be, they will arrest me. But, one thing is sure. We had gone to jail earlier for the sake of Telangana (statehood). We are ready to go to jail again over a decision taken to promote Hyderabad's brand image. Ready to go to jail even 100 times. But, we will not spare the Congress government (on its poll promises)," he said. He added that truth will triumph in the end. The BRS Working President, who was the Municipal Administration Minister during the previous BRS regime, was questioned by the ACB in January this year in connection with the

Boeing Dreamliner to Hyderabad turns back to Frankfurt after 'bomb threat'

A Lufthansa Boeing Dreamliner bound for Hyderabad returned to Frankfurt mid-air after passengers were informed the flight lacked landing clearance after receiving a bomb threat

Quantum Energy expands manufacturing plant in Hyderabad to meet EV demand

Quantum Energy Expands Manufacturing Facility in Hyderabad to Meet Surging EV Demand

Midwest Advanced Materials bets ₹1,000 crore on rare earth magnets

Hyderabad-based MAM to start 500-tonne annual rare earth magnet output by December and invest ₹1,000 crore in three years to scale capacity and secure raw material

Help turn Amaravati into another Hyderabad, Andhra CM Naidu urges industry

Andhra CM pitches Amaravati as a greenfield capital at CII summit, seeks investment support and outlines inclusive vision based on responsible capitalism and public partnerships