Page 5 - Hyderabad

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

Amgen opens $200 million technology and innovation hub in Hyderabad

The facility, which occupies approximately 524,000 square feet across two towers in HITEC City, will focus on harnessing AI, data science, and digital innovation to accelerate research and development

Drugmaker Amgen to invest $200 million in India site: CEO Robert Bradway

Amgen announced its plans to open a "technology and innovation" site in India last year that is focused on increasing the use of AI and data science to support development of new medicines

Bengaluru led city-wise box office revenue and footfalls in 2024: Report

Mumbai remained the top city across most top-performing movies, irrespective of language, the report added

Telangana CM urges global-standard development for Hyderabad's core area

Telangana Chief Minister A Revanth Reddy has directed officials to draw up plans to develop the 'core urban area' inside Hyderabad's Outer Ring Road (ORR) on par with international standards. He also instructed them to provide improved civic amenities to citizens. Reddy who held a meeting with officials suggested that a drone survey already initiated as a pilot project be conducted across the 'core urban area', an official release said Thursday night. He instructed officials to collect complete details regarding houses in the city, the supply of drinking water and electricity, drainage systems and other infrastructure. This, he said will help ensure the provision of basic amenities and facilities without disruption. He also suggested seeking assistance from Google if necessary to manage traffic in the city. Reddy approved the construction of flyovers at seven high-traffic junctions and instructed officials to invite tenders soon for the project. The chief minister also directed .

Microsoft opens campus in Hyderabad, partners with state govt for AI growth

Telangana Chief Minister A Revanth Reddy on Thursday inaugurated a new campus of Microsoft as the company celebrates its journey of 25 years in Hyderabad. The state-of-the-art 1.1 million sq ft LEED-certified building at Gachibowli, the city's IT hub would house 2,500 additional employees. Microsoft employs over 20,000 professionals in India over half of which work in Hyderabad. With the launch of the new building, Microsoft plans to hire another 4,800 employees, an official release said. On the occasion, Microsoft also announced another landmark initiativepartnering with the Government of Telanganato impart AI training to over 1.2 lakh people in the state. Under the first programme ADVANTA(I)GE TELANGANA, Microsoft is launching an AI Foundations Academy to introduce AI education to 500 government schools benefiting 50,000 students, it said. Additionally, the AI-Industry Pro program will upskill 20,000 industry professionals across Telangana. The third programme AI-Govern initia

Hyderabad industrialist killed by grandson over property: All we know

VC Janardhan Rao, who was Chairman and Managing Director of the Hyderabad-based Veljan Group, was stabbed to death by his grandson, K Kirti Teja

GHMC council meeting approves annual budget of Rs 8,440 crore for FY26

Amid protests by BRS corporators, the Greater Hyderabad Municipal Corporation (GHMC) on Thursday approved an annual budget of Rs 8,440 crore for 2025-26. The budget was approved during the GHMC council meeting, presided over by Mayor Vijaya Lakshmi R Gadwal. The BRS corporators, who held placards, sought debate on issues raised by them, also alleging negligence of city's development by the ruling government, which was countered by the Congress members. As attempts to make the BRS corporators resume their seats failed, the Mayor directed marshals to escort the former out. The BRS members, who were raising slogans, were taken to different police stations. In a post on social media platform 'X', BRS Working President K T Rama Rao condemned the party corporators being taken away by police "for questioning the Congress government's negligence of Hyderabad". BJP Lok Sabha member Eatala Rajender, who attended the meeting as an ex-officio member, alleged that contractors are not coming .

Mindspace REIT buys commercial asset in Hyderabad for Rs 2,038 crore

Property in city central business district will 'enhance portfolio', says Mindspace

Mindpsace REIT buys 18.2L sq ft Hyderabad office complex for Rs 2,038 cr

Realty firm Mindspace Business Parks REIT has acquired Sustain Properties, which owns 18.2 lakh office space in Hyderabad, at an enterprise value of Rs 2,038 crore as part of its plan to expand rent-yielding portfolio. Mindspace REIT will acquire 100 per cent equity in Sustain Properties Pvt Ltd at an equity value of Rs 613 crore. The shareholders of Sustain Properties will be allotted units in Mindspace REIT as consideration. The deal is expected to close by the end of March. In a regulatory filing, Mindspace REIT informed that the board has approved "acquisition of 100 per cent equity shareholding of Sustain Properties holding about 1.82 million (18.2 lakh) square feet of leasable area at 'Commerzone Raidurg', located at Raidurg, Hyderabad, from the shareholders of Sustain. The office space has been leased to Qualcomm. The board has approved the issuance of up to 16,168,090 units of Mindspace REIT, on a preferential basis, as consideration for acquisition at a price of Rs 379.08

Mindpsace REIT acquires commercial complex in Hyderabad for Rs 613 crore

Realty firm Mindspace Business Parks REIT has acquired 18.2 lakh commercial area in Hyderabad for Rs 613 crore to expand its rent-yielding portfolio. Mindspace REIT, which is listed on stock exchanges, will acquire 100 per cent equity of Sustain Properties Pvt Ltd, which owns this 18 lakh square feet area. The shareholders of Sustain Properties will be allotted units in Mindspace REIT as consideration. In a regulatory filing, Mindspace REIT informed that the board has approved "acquisition of 100 per cent equity shareholding of Sustain Properties holding about 1.82 million (18.2 lakh) square feet of leasable area at Commerzone Raidurg, located at Raidurg, Hyderabad. The deal value is Rs 612.9 crore. The board has approved the issuance of up to 16,168,090 units of Mindspace REIT, on a preferential basis, as consideration for acquisition at a price of Rs 379.08 per unit to the shareholders of Sustain Properties as consideration for the transfer of their 100 per cent equity ...

Nine people held in illegal kidney transplantation racket in Hyderabad

Nine people were arrested in connection with an alleged illegal kidney transplantation racket at a private hospital, the police said on Saturday. The case was registered on January 21 following a complaint from a health department official. According to a police release, teams from the Rachakonda Commissionerate, in coordination with the District Medical and Health Officer (DMHO) of Ranga Reddy district, busted the racket on January 21 based on credible information. The operation targeted the hospital's management, which was allegedly involved in conducting illegal kidney transplants at Saroor Nagar. During the inspection, four individuals were found at the hospital, including two kidney donors from Tamil Nadu and two recipients, it said. The recipients had already undergone kidney transplant surgeries and were receiving post-operative care. All four were later shifted to the state-run Gandhi Hospital for further medical treatment. Following the inspection, health department offi