Market News
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Tech Mahindra leases 4 lakh sq ft office space in Hyderabad
In a major real estate development, Tech Mahindra has secured 4 lakh sq ft of office space in Hyderabad with a 10-year lease, reinforcing the city's position as a tech hub. This decision reflects the vibrant demand for premium office spaces among technology firms. The company's investment highlights Hyderabad's attractiveness as a primary location for large corporations looking for seamless expansion and reliable long-term occupancy.
Mumbai Metro Aqua Line’s 2-year signal war ends: Your phone finally works underground
Mumbai Metro Aqua Line commuters can now enjoy mobile network connectivity after a two-year dispute resolution. Vodafone Idea and Airtel are rolling out services across stations, with Jio to follow soon. Telecom operators now have direct contracts with MMRCL, significantly reducing infrastructure rental costs and ensuring reliable communication for passengers.
Payal Industrial Park, Fourier partner on hydrogen energy storage pilot
Payal Industrial Park is partnering with Fourier, an energy startup. They will deploy a hydrogen-powered energy storage system in Dahej, Gujarat. This collaboration aims to provide industries with reliable, 24/7 clean electricity. The system generates hydrogen on-site, reducing costs and logistics. This initiative supports India's green hydrogen goals and offers energy independence for industrial parks.
Dr Reddy’s launches oral semaglutide in India
Dr Reddys Laboratories has launched its oral semaglutide biosimilar for type 2 diabetes in India. The drug, Obeda, is available in three tablet strengths for daily use. This launch expands access to advanced diabetes care. Dr Reddys is the second Indian company to introduce oral semaglutide domestically. The company is committed to reliable supply and consistent quality for Indian patients.
Southwest Airlines opens first overseas innovation centre in Hyderabad, to hire 1,000
Southwest Airlines has launched its Hyderabad Office, a Global Innovation Centre. This marks a significant expansion of its global business and technology operations. The centre will enhance reliable, secure, and efficient airline operations. It will develop next-generation solutions in artificial intelligence and data. Hyderabad's role in shaping future mobility and technology is highlighted.
Railways clears Katra slope works, Kiul-Jhajha 3rd line project in Rs 1,200 crore safety push
The Minister for Railways, Ashwini Vaishnaw, has said that these works reflect the Government's commitment to ensuring safe and reliable connectivity in the most challenging terrains of the country. Shri Vaishnaw said that following a detailed assessment of cuttings, bridges and tunnels, protection and rehabilitation works have been sanctioned. He said these works will strengthen the long-term safety and reliability of this strategically important section.
Airtel launches priority postpaid 5G plans to offer faster, reliable telecom services
Bharti Airtel introduces its latest innovation: Priority Postpaid 5G plans, leveraging state-of-the-art network slicing technology to deliver unmatched speed and reliability. These plans, available from Rs 499 to Rs 1,749 (excluding GST), are ideal for those who crave top-tier mobile service, especially in congested areas.
Airtel launches 'Priority Postpaid' with a 'slicing' tech: Check the 5G plans
Bharti Airtel has launched "Priority Postpaid," a new service leveraging 5G slicing technology to enhance network experience for postpaid users. This innovation prioritizes connectivity for premium customers during high-traffic situations, ensuring stable performance for work and daily digital needs. It marks India's first deployment of slicing-based 5G services, offering a more reliable and dependable mobile experience.
IndusInd Bank expands gold loan services to additional 245 branches
IndusInd Bank has announced a significant expansion of its Gold Loan offering to an additional 245 branches, taking the total number of branches providing Gold Loan services to 500 across India. This expansion reinforces the Bank's commitment to making secured credit more accessible, convenient, and reliable for customers nationwide.