Page 4 - Hyderabad

Motilal Oswal Foundation pledges ₹100 crore to Indian School of Business

The ₹100 crore contribution is ISB's largest ever philanthropic donation and will support the Motilal Oswal Executive Centre at its Hyderabad campus

SC grants interim protection to former SIB chief in phone tapping case

The Supreme Court on Thursday granted interim protection from coercive action to former chief of Special Intelligence Bureau (SIB) in Telangana T Prabhakar Rao, an accused in the phone-tapping case. A bench comprising Justices B V Nagarathna and Satish Chandra Sharma directed Rao to appear before the investigation officer, and said his passport be made available to him. Rao, the key accused in the phone-tapping case, is suspected to be in the US. A Red Corner Notice was issued against him and his passport was revoked, a police official said earlier. The top court also directed Rao to give an undertaking that he would return to India within three days after the receipt of his passport. During the hearing, Solicitor General Tushar Mehta and senior advocate Sidharth Luthra vehemently opposed the plea filed by Rao seeking anticipatory bail. The matter is posted for hearing on August 5. Rao has moved the top court challenging an order of the Telangana High Court which dismissed his pl

GMR Hyderabad Airport to acquire full control of logistics JV for ₹41 cr

GMR Airports Ltd on Wednesday said its subsidiary GMR Hyderabad International Airport Ltd will buy 70 per cent stake in its associate company ESR GMR Logistics Park Pvt Ltd for a little over Rs 41 crore. GMR Hyderabad Aerotropolis Ltd (GHAL), a wholly owned subsidiary of GMR Hyderabad International Airport, already holds 30 per cent stake in ESR GMR Logistics Park Pvt Ltd (EGLPPL). For the transaction, GMR Hyderabad International Airport has entered into a share purchase agreement with other shareholders. "Upon conclusion of the transaction, EGLPPL would become a wholly owned subsidiary of GHIAL," a regulatory filing said. EGLPPL, an associate company of GMR Hyderabad International Airport, is into development of warehousing and logistics park in Hyderabad. The transaction will be in furtherance to GMR Hyderabad International Airport's strategy of airport land development at Hyderabad such as building and creating diversified asset portfolios of industrial & warehousing, ...

Hyderabad fire tragedy: 17 dead; what happened | Charminar

A massive fire erupted in a building near the iconic Charminar in Hyderabad, killing 17 family memebers. Watch the video to know what happened exactly.

Multi-disciplinary team to submit report on Hyderabad fire: Minister

The Telangana government has asked five departments, including fire and police, to go into the devastating fire in a building that left 17 people dead and submit a report, state Transport Minister Ponnam Prabhakar said on Monday. The officials of Greater Hyderabad Municipal Corporation (GHMC), fire, police, revenue department and the Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) would jointly probe the tragedy and submit a report to the government, Prabhakar, in-charge minister for Hyderabad, told PTI. The officials are expected to visit the building near the Charminar on Monday and have already submitted a preliminary report on the incident. As part of measures to prevent such fire mishaps in future, the government would involve local public representatives to impress upon residents of old buildings to install fire safety measures in the interest of their safety, Prabhakar added. There are many century-old buildings, including the one that caught fire, at Gulzar

'No calls for help': Locals recall horror as 17 die in Hyderabad blaze

A fire tore through a building in Hyderabad' Charminar, killing 17 members of a single family-including eight children

17 killed in fire at building near Hyderabad; PM Modi offers condolences

As many as 13 people, including four children, were killed in a massive fire that broke out at a building in Gulzar House near the historic Charminar on Sunday. A senior official of a private hospital here told PTI that eight people were brought dead. Unfortunately 8 patients were brought dead to Yashoda Hospital, Malakpet, hospital sources said. The deceased include two childrenaged two and seven besides three women, the sources said. Apollo Hospitals in a statement said they received five people with burn and inhalation injuries and all were declared brought dead. All these victims had severe burns and inhalation injuries and could not be revived. Death was declared. Our ambulance team continues to remain on site to rescue any further victims. We are providing maximum support to the families of victims in this difficult time, Apollo Hospitals said. In a post on X, Prime Minister Narendra Modi expressed anguish over the loss of lives due to a fire tragedy in Hyderabad. He anno

Hyderabad luxury car dealer arrested for Rs 100 cr customs duty evasion

Luxury car dealer Basharat Khan arrested for Rs 100 crore customs duty evasion linked to illegal imports of high-end cars via Dubai and Sri Lanka through undervaluation tactics

Karachi Bakery is a '100% Indian brand', say promoters amid name row

In the wake of demands from certain groups to change the name of Karachi Bakery here amid rising tensions between India and Pakistan, the promoters of the city-based chain of bakeries said they are a "100 per cent Indian brand". A social media post by Karachi Bakery on Thursday read "WE ARE PROUDLY INDIAN". "Karachi Bakery is 100 per cent Indian brand, founded in Hyderabad, India in 1953. Our name is a part of our history, not our nationality. Please support us for who we are...An Indian Brand serving India with love," the post further read. Karachi Bakery promoters Rajesh Ramnani and Harish Ramnani said the brand Karachi Bakery was established in Hyderabad in 1953 by their grandfather Khanchand Ramnani, who migrated to India (from Pakistan) during partition. Referring to the recent protest by a group in Visakhapatnam demanding that Karachi Bakery change its name, the owners said that people are protesting as it is named after a city in Pakistan, but the reality is that it is a ...

Hyderabad holds max vacant office space at 284 lakh sq ft: Vestian

Hyderabad has maximum vacancy in office space at 284 lakh sq ft among seven major cities amid strong supply in last few years, according to real estate consultant Vestian. As per the Vestian data as of March 2025, Hyderabad has a total office stock of 1,620 lakh square feet, of which 284 lakh sq ft or 17.5 per cent area is vacant and yet to be rented out to corporates. The vacancy in Hyderabad came down to 17.5 per cent from 19 per cent as no fresh supply came into the market during January-March period of this year. After Hyderabad, the consultant data showed that Delhi-NCR has vacant office space of 232 lakh sq ft out of total office stock of 1,364 lakh sq ft. The vacancy rate in Delhi-NCR is 17 per cent. Bengaluru, the country's most prominent office market, has a stock of 2,805 lakh square feet and out of that 7.5 per cent or 210 lakh sq ft is vacant. In Chennai, the office vacancy is 7.1 per cent. The total office space stock is 843 lakh sq ft and 60 lakh sq ft is vacant. Of

Foxconn India revenue tops $20 billion in FY25, staff strength hits 80K

Taiwanese electronics manufacturing major Foxconn is reported to have more than doubled its revenue in India to over USD 20 billion (about Rs 1.7 lakh crore) in the financial year 2024-25 on account of a jump in iPhone production, sources aware of the development said. The company is also learnt to have increased its total employee count in the country by over 65 per cent to around 80,000 in fiscal year 2025, industry and government sources aware of the estimates told PTI. "Foxconn revenue in India has more than doubled to over USD 20 billion in the financial year 2024-25. The employee count has also gone over 80,000," one of the sources said. Email query sent to Foxconn in this regard elicited no reply. Union Minister Ashwini Vaishnaw earlier this month announced that mobile phone exports from India have crossed an all-time high of Rs 2 lakh crore in FY 2024-25 in which iPhone exports alone accounted for exports worth Rs 1.5 lakh crore. Sources said that Foxconn is expected to gr

Telangana transfers IAS officer who reshared Hyderabad land row AI image

IAS officer Smita Sabharwal was summoned by Gachibowli police for questioning concerning a Studio Ghibli-style image related to the Kancha Gachibowli land dispute

DRDO hits key milestone in scramjet engine development with ground test

The Defence Research and Development Organisation on Friday conducted scramjet combustor ground testing for more than 1,000 seconds with the defence ministry saying the DRDO has achieved a "significant" milestone in the field of hypersonic weapon technology. Defence Research & Development Laboratory (DRDL), a Hyderabad-based laboratory of the DRDO, has taken the initiative in developing a long-duration supersonic combustion ramjet or scramjet powered hypersonic technology. DRDL conducted the "long-duration active cooled scramjet subscale combustor ground testing for more than 1,000 seconds at the newly built state-of-the-art Scramjet Connect Test Facility at Hyderabad", the defence ministry said in a statement. "With the successful test, the system will be soon ready for full scale flight worthy combustor testing," it said. The ground test is in continuation of the earlier test reported for 120 seconds in January, when the ministry had said that the DRDL had developed these ...

Zee Entertainment sells Hyderabad property in Jubilee Hills for ₹99 crore

The sale agreement was registered on March 28, 2025, with the Telangana government authorities

Citizens Financial Group to set up its GCC in Hyderabad with Cognizant

The centre is expected to scale to a headcount of 1,000 information technology and data & analytics professionals by March 2026

Telangana tunnel search operations to finish in 15 days: Srinivas Reddy

Telangana Revenue Minister P Srinivas Reddy on Wednesday said the ongoing search operations at SLBC tunnel where the fate of six persons trapped were still unknown, are expected to be completed in 15 days. Eight individualsincluding engineers and labourerswere trapped in the Srisailam Left Bank Canal (SLBC) project tunnel when a portion of it collapsed on February 22. So far, two bodies have been recovered from the debris in the tunnel. Personnel from state, central and private agencies are engaged in the search operations. Addressing the mediapersons at the tunnel site, Reddy said about 700-800 experts from various institutions have worked day and night under the supervision of the authorities for the 40 days and currently, around 550-560 people are continuing the search operations with state-of-the-art equipment. "The ongoing search operations at the SLBC tunnel will be completed in 15 days. Another 105 to 110 meters of excavation has to be taken up in the tunnel to close the ...

Police halt Hyderabad University's protest rally against land development

A protest rally by students and faculty of the University of Hyderabad (UoH) against the Telangana government's plans to develop a 400-acre land parcel in Kancha Gachibowli bordering the varsity, was stopped by the police here on Wednesday. The UoH Teachers Association led a rally from Ambedkar auditorium to East Campus in solidarity with the agitating students. According to students, the police barricaded the entire East Campus area while heavy machinery was deployed to clear the site. As the protesters attempted to advance, the police stopped and dispersed them using "mild force". The demonstrators raised slogans such as "police go back". A protesting student told media that the police resorted to lathi-charge on students and faculty. However, a police official denied the claims and said, "They were prevented from taking out the rally." The University of Hyderabad Students' Union (UoHSU) and other unions and parties aligned with it have launched an indefinite protest and annou

Cognizant names Sailaja Josyula as Global Head of GCC Service Line

IT major Cognizant on Tuesday said it has appointment Sailaja Josyula as Global Head of its Global Capability Center (GCC) Service Line. Based in Hyderabad, she will oversee "the definition and execution" of Cognizant's global GCC strategy, establishing and leading a cross-functional team, a company statement said. "With her extensive experience and proven track record, Sailaja's leadership will boost our ability to build and scale GCCs, delivering great value for our clients," said Surya Gummadi, President, Americas, Cognizant. Josyula has rejoined Cognizant after a brief stint at EY. Between 2018 and 2024, she held several leadership roles at Cognizant, including serving as the Hyderabad Center Head and Global Head of BFSI Operations Delivery. With nearly 30 years of experience, she has also held leadership positions at Thomson Reuters and HSBC.

Hyderabad university protest: Students oppose land sale, 53 detained

Tensions rise at Hyderabad University as students protest bulldozers clearing land for an IT park, opposing the sale; police detain 53 protesters amid clashes

Eid preparations in full swing as markets bustle in Kolkata, Hyderabad

In Kolkata, the markets near Zakaria Street, adjacent to the Nakhoda Mosque, are packed with shoppers