The Dr. Reddy's Laboratories on May 14 rolled out the Russian COVID-19 vaccine Sputnik V in India with the first dose administered in Hyderabad. The imported vaccine under current pilot project has been priced at Rs 995.4/dose including 5% GST. Expecting second and further impodted consignments in upcoming months, DRL said supply from Indian manufacturers will commence soon. DRL also hoped of probably cheaper price when local supplies begin… read-more
Courtesy: Times Of India
In a shocking incident, at least eight Asiatic lions in Hyderabad's Nehru Zoological Park have contracted the COVID-19. Reportedly, the zoo officials observed COVID-like symptoms in the lions and conducted an RT-PCR test after which the Centre for Cellular & Molecular Biology on April 29 confirmed about the positive results. Meanwhile, zoo director Dr Siddhanand Kukrety said, "The lions are doing well." This is the first such case in… read-more
Courtesy: The Times Of India
Alyte Cabs, a unit of Mahindra Logistics, will provide free cab services to pregnant women, non-critical patients and seniors citizens in Hyderabad. Launched by the Rachakonda Police on April 24, the 24-hour operational service can be availed by dialing 9490617234. Moreover, the authorities will keep a check on the driver's health and disinfect the vehicles often. The service will be functional in Kushaiguda, Neredmet, Nacharam, Malkagiri and… read-more
Bike rental startup Bounce is on liquidation route, selling all its two-wheelers at Hyderabad's Bharat Nagar Metro Station, besides downsizing by 80%. The pandemic and grim economic state have pushed the company towards the decision. Previously appraised at $450mn, Bounce's revenues sank from Rs 8-10Cr/month to Rs 1Cr/month, driving layoffs as the workforce has declined from 600 to 70. However, Bounce has granted a three-month severance… read-more
Telangana's state consumer court has ordered Bharti Axa General Insurance to pay Sudhakar Raju, a Hyderabad-based Audi owner, Rs 17.54 lakhs on 7% interest. Raju fought a seven-year-long legal battle after Bharti Axa's surveyor wrongfully assessed the damages caused to the car during the 2013 floods. Accusing the owner of causing hydrostatic loss, the insurer had withheld compensation. Reportedly, Raju had to spent Rs 20 lakhs on repairs,… read-more
The Airports Council International adjudged GMR Hyderabad International airport as the 'Best airport by size and region' including its Airport Service Quality (ASQ) award, 2020. Interestingly, GMR Hyderabad won the award in Asia-pacific region in the 15-25 million passengers per annum category. India's first modern greenfield airport, the GMR Hyderabad has earlier been among the top three for 9 consecutive years (2009-2017). The ACI ranking… read-more
Courtesy: Business Insider
In a successful attempt, Hyderabad traffic police played an active role in helping an ambulance to transport a live lungs to 12 kms in just 15 minutes, which usually takes 45 minutes in traffic. Interestingly, the police still managed to provide 'green channel' while being busy with traffic diversions due to the Vice President M Venkaiah Naidu’s visit. Reportedly, in last 50 days, this was the eighth effort made by Hyderabad police.
World's largest furniture retailer IKEA has revealed plans to open its first shopping centre in India following a 48,000-square-metre plot acquisition in Noida. Unlike its previously installed stores in Hyderabad and Mumbai, the upcoming Noida site would be a mall anchored by an IKEA store. Reportedly, Ingka Centres, which owns 45 IKEA store-anchored malls worldwide, will invest around Rs 55 billion in the Noida project.
Arbor Day Foundation, a non-profit organization associated with the UN's Food and Agriculture Organization (FAO), has recognized Hyderabad as a 'Tree City' for 2020, informed Minister KT Rama Rao. With over 2.4 crore trees planted to enhance green cover under the state's Haritha Haaram program, Hyderabad is the only Indian city to grace the list. Reportedly, Hyderabad was selected after fulfilling five standards set by the foundation… read-more
The Bike taxi platform, Rapido, has initiated an hourly rental service for its customers who are looking for public transport alternatives and to avoid multiple bookings. Rapido customers can rent vehicles for Rs 99 per hour for up to six hours. The service is currently operational in six cities - Bengaluru, Delhi-NCR, Hyderabad, Chennai, Kolkata and Jaipur. Moreover, Rapido's co-founder Aravind Sanka said that the company is currently… read-more
Courtesy: The Economic Times