Page 5 - Hyderabad

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

Miss World heads to Hyderabad as Telangana seeks global spotlight

To promote Telangana, the city will hold the Miss World contest in May. Some states organise like-for-like events to get global focus

BYD to set up first India EV factory near Hyderabad, eyes 600K cars yearly

The Telangana government has suggested three potential sites for the facility, all located near Hyderabad for the proposed BYD plant

TVS Supply Chain Solutions names R Vaidhyanathan as its Global CFO

The integrated supply chain solutions provider said in a company statement that the current Global CFO, Raviprakash Bhagavathula, will take over as the Head of Strategic Initiatives

Western Union ties up with HCL to start technology centre in India

Western Union will also use HCL's artificial intelligence-powered solutions to transition to a platform-centric operating model

Godrej Properties sells homes worth over Rs 1,000 crore in Hyderabad

The Mumbai-based real estate developer sold over 300 homes at Godrej Madison Avenue in Kokapet, which marked the developer's entry into the city

Ola, Uber drivers in Hyderabad begin 'No AC' protest today. Here's why

Cab drivers in Hyderabad have launched a 'No AC' protest today, demanding fairer fares from Ola, Uber, and Rapido to offset rising fuel and maintenance costs

CorporatEdge raises Rs 100 cr equity fund from Carpedium Capital for growth

CorporatEdge, which provides flexible workspaces to companies, has raised Rs 100 crore from private equity firm Carpediem Capital for expansion of its business. In a statement on Thursday, CorporatEdge said the company plans to deploy Rs 350 crore, which includes Rs 100 crore equity infusion. The company will use the funds along with internal accruals to drive expansion across the key markets in India and the Middle East. In India, the company plans to strengthen its presence in Delhi-NCR and Bengaluru while strategically expanding into new markets such as Mumbai, Pune, Hyderabad, Chennai, and Ahmedabad. During the second phase of growth, CorporatEdge will extend its presence into tier 2 cities such as Lucknow, Chandigarh, and Kolkata. "By FY30, the company targets operating 50 centres across 10 cities, with a total footprint of over 1.5 million sq ft," it said. In the immediate term, the company will soon start two centres, spanning 50,000 square feet each, in the next quarter a

Singer Kalpana Raghavendar hospitalised after suspected suicide attempt

Telugu playback singer Kalpana Raghavendar has been hospitalised after a suspected suicide attempt at her Hyderabad residence. The reason behind this extreme step is still not known

Telangana govt enforces Telugu as compulsory subject in all schools

An official statement on Tuesday noted that the previous BRS government had not fully enforced the law due to unspecified challenges