Business News

Hyderabad: Tesla on Tuesday launched its Model Y in India, priced at ₹59.88 lakh, as the company opened its first showroom in the Bandra Kurla Complex (BKC) business district of Mumbai. The showroom, branded as an “Experience Centre,” marks…
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Hyderabad: Dragon fruit growers in Telangana are facing steep financial losses after prices plummeted due to oversupply and interstate imports, leaving many unable to recover input costs. Once a premium crop fetching ₹200 per kg, dragon…
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Hyderabad: Microsoft has laid off over 15,000 employees so far this year, with internal warnings issued to remaining staff that failure to upskill in artificial intelligence could lead to termination. The company, which has already…
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Hyderabad: Coal production across Singareni Collieries in Telangana came to a complete halt on Tuesday following a nationwide strike called by major trade unions. The bandh had a pronounced impact in the Ramagundam region, particularly…
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Hyderabad: Nita Ambani, wife of Reliance Industries chairman Mukesh Ambani, has donated ₹1 crore to the Balkampet Yellamma temple in Hyderabad. The amount was transferred directly to the temple’s bank account. According to temple…
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Hyderabad: Bharti Airtel has made rapid strides in protecting its customers in Telangana from online fraud with the launch of its AI-powered fraud detection system. Within just 25 days of its rollout, the system has blocked more than…
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Hyderabad: OpenAI’s flagship chatbot ChatGPT suffered a global outage on Tuesday, locking out thousands of users who rely on the AI platform for daily tasks and support. The disruption was especially severe in India and the United States,…
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Hyderabad: Layoffs in the tech world just keep coming, with companies blaming economic jitters and turning to AI as a way to cut costs and stay ahead. Since the start of 2025, about 130 tech companies have let go of roughly 61,000…
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Hyderabad: Gold and silver prices tumbled on Thursday, 15 May, marking one of the steepest single-day declines in recent weeks. According to India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold has fallen…
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Hyderabad: Microsoft is letting go of nearly 7,000 employees across the globe in what marks the tech giant’s second-largest workforce reduction to date. The company said the cuts will affect around 3% of its total global headcount of 2.28…
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