The 5th edition of Startup Weekend Hyderabad held from July 18 at Indian School of Business ended yeaterday. The event aims at creating and nurturing a startup ecosystem in host cities. The event witnessed more than 130 participants and finalists interacted with mentors, targeted and acquired customers and tried to build a viable product. On Sunday, all the teams made their final presentations to a team of entrepreneurs who selected the top three ideas. Some of the notable ideas include Cloud Boost (collection of smart developer tools for next-gen platforms like parse, firebase), Stamp (single digital wallet for storing loyalty cards), LearnForSure (enhance retention and accessibility for delivering educational content to end-users from high schoolers to MBAs.) and CarNama (online portal for buying car accessories).“We ...

$ 16.7 billion Mahindra group Chairman & Managing Director Anand Mahindra met CM KCR on Saturday and discussed the ongoing works for the car plant near the Zaheerabad tractor plant. Mr Mahindra reportedly informed the CM that the plant would be operational within 4 months and that he would personally invite the CM for the opening ceremony. Mr Mahindra expressed his happiness at the way the tractor plant has turned out and hoped the car plant would see similar operational success. The tractor facility has been set up with an investment of Rs 300 crore and with an installed capacity of one lakh tractors per annum which can be scaled up to meet additional demand. The plant is situated in about 80 acres ...

Telangana Government is examining action to be taken in the land misuse case of major movie studios Annapurna & Padmalaya in Hyderabad. The state chief commissioner of land administration S.K. Sinha is quoted to have said, “There are violations in the lands given to these studios. Some are being misused while some have been sold.”. In February last, Hyderabad District Collector Mukesh Kumar Meena notified the department of land administration a series of violations in land allotments with regard to the purposes they are being used for. Now the department finalized it’s findings and the Commissioner’s comments triggered speculation that an action by the Govt. against the studio managements is in the offing. If the precedent set by the Govt in Gurukul lands is ...

The  $ 1.6 billion Birla Group is likely to invest in cement, healthcare and education sectors in the Telangana State in addition to expanding the operations of its cement and asbestos manufacturing units located in the state. The group’s chairman, C K Birla, and Orient Cement Limited managing director, Deepak Khetrapal, met Telangana chief minister, K Chandrasekhar Rao, here on Saturday and sought his government’s support in this regard. The chief minister responded favourably to their proposals and informed them that the state government would soon come out with an industry friendly policy. The Chief Minister also briefed him on the proposed new industrial policy which would provide a single window facility for the investors with a fast track approval system. An industrial park would be set up ...

Inaugurating the CII organized cyber security conference ‘Counter Measures to Face the Threats’ here on Friday, IT minister KTR said Kaspersky Labs had placed India as the 2nd most vulnerable country to cyber attacks. IT minister, who was also the chief guest, the IT minister said that around 85 per cent of websites — both public and private — complained of being hacked at least once and stressed on the need to adopt cyber security measures to thwart such attacks. He pointed that neighboring China has 25 million cyber warriors guarding it, India lags far behind with only 22,075 cyber security professionals. India is the second-most cyber attacks on mobile devices prone country with a major chunk of these intrusions designed for phishing and stealing banking ...