Hyderabad: Aerospace and defence manufacturer Sigma Advanced Systems has wrapped up a ₹460 crore preferential allotment to fuel its capacity expansion and expand its global manufacturing footprint on the back of surging demand for aerospace and defence components.The capital raise was led by Chennai-based Spark Capital, which placed Rs 360 crore with 23 family office…
Hyderabad: Eying on the huge revenue, the Hyderabad Metropolitan Development Authority (HMDA) has put prime lands in Neopolis layout and Golden Mile layout in Kokapet for auction again. While ₹120 crore per acre is the upset price in Neopolis, ₹70 crore is the minimum bidding price for Golden mile layout.The metropolitan authority had conducted land…
Hyderabad: The Enforcement Directorate (ED) has arrested Mohd Irfan Ansari under the Prevention of Money Laundering Act in its probe into a fake call-centre syndicate accused of cheating US citizens and routing the proceeds through cryptocurrency, Angadia operators and bank accounts.In its grounds of arrest, the ED described Ansari as one of the principal controllers…
Hyderabad: BRS working president KT Rama Rao has alleged serious financial irregularities and a massive scam in the tender process for the proposed PM Ekta (Unity) Mall at Raidurg, Hyderabad, and demanded the immediate cancellation of the tender and an independent investigation into the entire transaction.In a letter to union finance minister Nirmala Sitharaman on…
Hyderabad: Telangana High Court has allowed Hyderabad Airport Metro Limited (HAML) to resume work on acquiring land for the Metro Rail Phase-II project, vacating an earlier order that had put the process on hold.Justice NV Shravan Kumar passed the interim order while hearing a petition filed by govt seeking to vacate the stay it had…
Hyderabad: Telangana high court has directed the state authorities not to obstruct the farmers’ access to their lands in Bahadurguda near Shamshabad, while continuing an earlier status quo order passed on July 21, 2026.Justice B Vijaysen Reddy issued the interim direction while hearing two connected writ petitions involving farmers and private landowners alleging interference by…
LB Nagar accident victim’s bike Hyderabad: A 23-year-old driver died and two others suffered injuries when a bike was hit by a cab at LB Nagar on Monday morning.The deceased was Syed Toufiquddin (23), a driver from Asif Nagar, and the injured is his friend, Syed Ayaan. The accident occurred at 4 am on Monday…
Hyderabad: In what is its first deal after the success of Mission Aagaman, Skyroot Aerospace has signed a multi-launch agreement with Kerala-headquartered space technology company HEX20 for three dedicated Vikram-series missions beginning in the fourth quarter of 2027, the Hyderabad-based launch provider said on Monday.The launches will support HEX20’s Earth-observation constellation and in-orbit payload demonstration…
Telangana DGP CV Anand hoists the national flag at 650 feet on Karregutta Hills, a former Maoist stronghold on the Telangana-Chhattisgarh border HYDERABAD: Five days before Independence Day, Telangana Director General of Police (DGP) CV Anand hoisted the Indian national flag at a height of 650 feet on Karregutta Hills, along the Telangana-Chhattisgarh border, on…
A 47-year-old ex-serviceman died after a car hit three bikes on Monday (Representative image) Hyderabad: A 47-year-old ex-serviceman died and two others suffered injuries in a hit-and-run case when a car travelling on the wrong route hit three bikes at Hydershakote on Monday.According to Narsingi inspector D Vishnu Vardhan Reddy, the deceased was Ravinder.“At around…
