Krishna Institute of Medical Sciences (KIMS Hospitals) said that it has acquired an additional stake of 5.53% in Sarvejana Healthcare Private Limited (operating as Sunshine Hospital) at INR 340 per equity share in cash. With the latest equity investment, KIMS Hospitals has increased its stake in Sarvejana Healthcare to 56.61%. KIMS Hospitals said that the […]
Coal India Limited (CIL) said that it has signed a memorandum of understanding (MoU) with four central trade unions for recommending a 19% Minimum Guaranteed Benefit (MGB) to the company’s 2.38 lakhs non-executive employees as part of the ongoing National Coal Wage Agreement –XI (NCWA-XI). The four trade unions are BMS, HMS, CITU, and AITUC. […]
Amara Raja Batteries Limited (ARBL) has entered into a memorandum of understanding (MoU) with the Telangana government to invest more than INR 9,500 crores in the Amara Raja Giga Corridor in Mahbubnagar district. The Amara Raja Giga Corridor will house research and manufacturing facilities for lithium-ion battery-making. These include a lithium cell gigafactory which will […]
Amazon Web Services (AWS), an arm of Amazon.com, has unveiled its second AWS infrastructure region in India — the AWS Asia Pacific (Hyderabad) Region and along with it an investment commitment of over $4.4bn (around INR 36,300 crores) by 2030. The AWS Asia Pacific (Hyderabad) Region will enable entrepreneurs, enterprises, developers, startups, as well as […]
LTIMindtree has opened a new digital experience centre in Hyderabad, thereby further growing its operations in the Telangana capital. According to LTIMindtree, the new, 100,000 sq. ft. centre is capable of accommodating over 1,000 professionals. It is designed to serve as a modern agile workplace to offer a collaborative working experience. Furthermore, the digital experience […]
Continental Hospitals has opened Continental Headache Clinic in Hyderabad to provide complete, multi-disciplinary approach for the management and treatment of headache and migraine in both adults and children. Continental Headache Clinic will consist of neurologists, neurosurgeons, psychiatrists, neuroradiologists, sleep specialists, psychologists, and nutritionists, said the Indian multi-specialty, tertiary, and quaternary care facility. The multi-dimensional approach […]
Indian Prime Minister (PM) Narendra Modi has officially inaugurated the INR 6,300 crores Ramagundam Fertilizer Plant in Telangana owned by Engineers India Limited (EIL) and its partners through the Ramagundam Fertilizers and Chemicals Limited (RFCL) joint venture. The Ramagundam Fertilizer Plant is a gas-based urea manufacturing fertilizer plant located in Ramagundam, Peddapalli district. It has […]
Opus Consulting Solutions, a payments technology and transformative solutions provider, has opened a new development and delivery center in Hyderabad, India. The new office expands the global presence of the outcome-driven payment strategies company. Located at Divyasree Omega, Kondapur, Hyderabad, the new Opus office doubles up as a development and delivery hub. TM Praveen — Opus Consulting […]
Kohlberg Kravis Roberts & Co. (KKR) has launched a roads infrastructure investment trust (InvIT) in India called Highways Infrastructure Trust (HIT). The initial portfolio of KKR Highways Infrastructure Trust is made up of six roads assets having a total length of over 450km across six states. The assets are said to feature a mix of […]
Aurobindo Pharma has been issued an establishment inspection report (EIR) from the US Food and Drug Administration (FDA) for one of its manufacturing facilities in Telangana, India. The Indian pharma company said that the FDA completed an inspection at its Unit VII, an oral manufacturing facility in Jadcherla town and issued the EIR. The report […]