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Business Economy


FTCCI Excellence Awards announced

Hyderabad, Jul 11 (UNI) The prestigious Federation of Telangana Chambers of Commerce and Industry ( FTCCI ) excellence awards were announced here on on Thursday.

Speaking to newsmen on the occasion, FTCCI Chairman Anil Reddy said that the FTCCI Excellence Awards have been instituted to recognize corporate, institutions, entrepreneurs and individuals for their outstanding contribution/achievements in select areas and to promote corporate and individual initiatives in economic, social and educational areas.

The entries received are thoroughly scrutinized by an independent Jury comprising of eminent persons and experts who made the final selection for the Awards, he said.

The awards were announced in 12 categories. They included Mahindra & Mahindra Limited Zaheerabad awarded with Excellence in All Round Performance, Avantel Limited Visakhapatnam awarded with Excellence in Research & Development, Shanmukha Agritec Limited Hyderabad awarded with Excellence in Agro Based Industry, Coastal Corporation Limited, Visakhapatnam Awarded with Excellence in Export Performance, GMR Hyderabad International Airport Limited Hyderabad Awarded with Excellence in Corporate Social Responsibility and Le Gazole Plus eco Solutions Private Limited, Hyderabad Awarded with Excellence in Product Innovation.

The award Jury consisted of Justice TNC Rangarajan Retd Judge –High Courts of Andhra Pradesh and Madras, Justice V Bhaskar Rao Retd Judge Andhra Pradesh High Court, Prof M.Rammohan Rao Dean Emeritus IndianSchool of Business, Dr S K.Rao Dean Emeritus Administrative Staff College of India and Dr M Gopalakrishna, IAS.(Retd.)
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Cyient Q1 profit up to 80 mn in Telangana

18 Jul 2019 | 11:30 PM

Hyderabad, Jul 18 (UNI) Engineering Services Company, Cyient on Thursday reported that its profit after tax was 905 mn in the first quarter ended June 30, 2019 as against 825 million in the corresponding quarter in previous year, a statement said.

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Dumont to set up its ice cream unit in Hyderabad

18 Jul 2019 | 9:10 PM

Hyderabad, Jul 18 (UNI) Dumont, which manufactures frozen desserts, in its factory in Vijayawada in Andhra Pradesh, was planning to set up its another manufacturing facility in Hyderabad of Telangana with an estimated capital of Rs 15 crores within the next year or two, Managing Director Vivek Inampudi said on Thursday.

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Sandra Wijnberg appointed as new independent Director to Cognizant Board

18 Jul 2019 | 7:18 PM

Hyderabad, Jul 18 (UNI) Cognizant, one of the World’s leading professional services companies, on Thursday announced that Ms Sandra Wijnberg has been appointed as a new Independent Director to its Board , with effect from July 16.

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Sensex slumps 318 18 pts on negative global cues

Sensex slumps 318 18 pts on negative global cues

18 Jul 2019 | 7:17 PM

Mumbai, Jul 18 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Thursday declined by 318.

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Rupee loses 11 paise against USD

Rupee loses 11 paise against USD

18 Jul 2019 | 7:15 PM

Mumbai, Jul 18 (UNI) The Rupee on Thursday lost another 11 paise to end negative at 68.

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