City Bangalore Financial News
28.09 / 15:37
Citi
Waves
Platform
Parke
pandemic
President
Q4
park
Park+ aims to be profitable in Q4 of FY24, achieve full-year profitability in FY25
₹140 crore it raised last December – at a valuation of $340 million – is also untouched. It may go for its next round of funding in about 8-10 months. “We have been building our business frugally," said Lakhotia, a former vice president of Paytm Payments.
28.09 / 14:49
UPS
Citi
Align
Enterprise
Healthcare
hospital
Mubadala, Brunei’s Sovereign Wealth Fund look to pick up a slice of Manipal Hospitals
Temasek is paring part of its controlling stake in Manipal Hospitals six months after it doubling down in the Bangalore headquartered hospital chain. Temasek owned Sheares Health, is in advanced negotiations to sell 8-9% of its 59% interest in Manipal Health Enterprises to Abu Dhabi' fund Mubadala and the sovereign wealth fund of Brunei, Brunei Investment Authority (BIA), said people in the know.
28.09 / 09:11
WhatsApp
show
performer
‘Blot on Bangalore’s tech image’ Biocon's Kiran Mazumdar-Shaw after Trevor Noah forced to cancel shows over tech glitch
Also Read: Nikhil Kamath and Kiran Mazumdar Shaw together pledge ₹50 lakh to charity She wrote, “Forced To Cancel": Trevor Noah's Bengaluru Shows Junked Over Tech Glitch - what a blot on Bangalore’s tech image. The convention centre has much to introspect" Trevor Noah is currently in India for his live Stand-up Comedy shows.
28.09 / 07:05
Twitter
Metro
track
Traffic
Domino's delivers pizza on road in choked Bengaluru traffic. Video goes viral
Domino's delivery guy can be seen delivering a pizza in a traffic jam! The video was shared by one Rishivaths, who is said to be working at Flipkart. According to Rishivaths, he ordered a pizza from Dominos during a traffic jam on an unnamed Bengaluru road. To his surprise, Domino's delivery agents tracked his live location and delivered the pizza even in the traffic jam. «When we decided to order from @dominos during the Bangalore choke, They were kind enough to track our live location (a few metres away from our random location added in the traffic) and deliver to us in the traffic jam,» Rishivaths wrote on Twitter. Commenting on the video, one X user said, «For this exceptional service they surly deserve a huge tip!» «Just imagine… if half of the commuters placed order for online food,» quipped another. "'Domino's fulfilling their 30-min delivery promise'...this is awesome...?? On another note, take a moment to consider these delivery personnel.
28.09 / 05:33
UPS
Citi
Waters
Action
show
travelers
Traffic
Bengaluru: Massive traffic jam on ‘Outer Ring Road' tech corridor on September 27; What exactly happened?
Cauvery River water row, Ganesh Visarjan, and Comedian Trevor Noah's show that was canceled later. In a post on X (formerly Twitter), Deputy Commissioner of Police (Traffic, East) Kuldeep Kumar R Jain said, “Huge Traffic pile up on ORR from Marathalli to Sarjapur. Pls, instruct ITBT companies on ORR not to rush out because it's a huge jam due to invariably huge no of vehicles." The Mahadevapura task force, which gives regular updates on roads and traffic management in the city, also shared a picture of a massive traffic jam on the Outer Ring Road.
28.09 / 04:05
track
Inside
gossips
Traffic
Video of Domino’s executives braving Bengaluru traffic jam to deliver pizza goes viral, netizens urge client to pay ‘a good tip’
While the tale of customers getting frustrated with late deliveries is a dime, a dozen, Domino’s Pizza, one of India’s top pizza outlets, is currently going viral for taking prompt delivery service to the next level. Taking to X (formerly Twitter), a very happy customer named Rishi Vaths, shared a video of two delivery executives braving the infamous traffic jam in Bengaluru to ensure the client receives piping hot pizza on time. They are seen stopping their scooter in the midst of a jam, to hand over the pizza packets to the client, waiting inside a car.
27.09 / 16:29
Platform
Parke
show
audience
Traffic
Bengaluru wrestled slow traffic to reach Trevor Noah's now cancelled show, netizens quipped ‘International bezzati’
Trevor Noah show tickets to anybody who lives near ‘Manyata and can reach venue within 20 mins’. The Bengaluru residents blame the ORR (Outer Ring Road) traffic! Comedian and host Trevor Noah kickstarted the Indian leg of his 'Off The Record' tour in Delhi on 23 September. The Delhi show was a resounding success.
27.09 / 10:15
Citi
Provident
Digital
Platform
Strategy
social
information
Customer
Wealth Redefine unveils strategy to extend offerings to Middle East, aims to grow customer base to 2,000 by 2025
Wealth Redefine, a wealth management and financial advisory firm, is extending its presence to offices in Mumbai, Bangalore and the Middle East by 2025. It is also toying with potential expansion into Kolkata.
27.09 / 08:09
UPS
AXY
Strategy
WhatsApp
country
innovations
wholesale
Yes Bank appoints Manish Jain as Country Head- Wholesale Banking today; stock gains marginally
(Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Jain is a senior banking professional with three decades of work experience which includes 23 years in Standard Chartered Bank. He has worked in diverse geographical locations throughout India serving all client segments like Large Local Corporates, Strategic Groups, Middle Market Companies, Supply Chain Finance, Transaction Banking sales, Multinational Corporates, Financial Institutions, and SMEs.
27.09 / 07:41
Waters
show
stage
BJP leaders hold protest against Karnataka government over Cauvery water release
BJP leaders held a protest against the Karnataka government over Cauvery water release to Tamil Nadu, in Bengaluru on Wednesday. Protesters raised slogans against CM Siddaramaiah and deputy CM DK Shivakumar and called them agents of Tamil Nadu and DMK. Former CM BS Yediyurappa staged a sit-in against the Karnataka government over the Cauvery water-sharing issue near the Gandhi statue in Bengaluru today. BJP leader BS Yediyurappa said, «Our CM Siddaramaiah and Shivakumar, they must know, that they should not behave like Tamil Nadu agents. They must realise the actual facts.
27.09 / 06:23
27.09 / 05:07
Compilation
Enterprise
Healthcare
stage
hospital
information
reports
Indian
stake
CVC may sell controlling stake in Indian hospital chain HealthCare Global
CVC Capital Partners is exploring selling its controlling stake in Indian cancer hospital chain HealthCare Global Enterprises Ltd., according to people familiar with the matter. The private equity firm is looking to identify buyers for its 60.4% in the Mumbai-listed company, said the people, who asked not to be identified as the information is private. CVC’s stake is worth about $358 million, according to data compiled by Bloomberg.
26.09 / 12:39
track
travelers
Department
These trains are cancelled between Chennai and Tirupati, Vijaywada division in Sept, October
Chennai and Tirupati will be suspended from September 28 to October 12 due to track upgrades at Renigunta yard. Apart from that, a total of 12 express trains are set to be cancelled in October due to interlocking procedures and the commissioning of the third line at Bapatla station, which falls under the Vijayawada division of South Central Railway. The list of affected train services includes the Visakhapatnam — Tirupati double decker, Bhubaneswar — Tirupati special, Visakhapatnam — Chennai super-fast, Sambalpur — Erode special, and Visakhapatnam – Bangalore cantonment special. Additionally, travelers planning to board the Dhanbad-Alleppy Bokaro Express from Dhanbad on October 2 and October 10 should take note of a temporary diversion.
25.09 / 20:09
country
40% duty on certain onion varieties may be rolled back
export duty imposed on Bangalore rose onions and Krishnapuram rose onions grown in Karnataka and Andhra Pradesh, respectively, said trade sources. The government on August 19 imposed a 40% duty on all types of onions exported from India to tame strong bullish trend in onion prices. This caused a nearly 70% fall in onion exports, said market sources. Meanwhile, in a meeting held on Monday, traders from Nashik decided to continue their onion strike that started on September 20.
25.09 / 15:01
Reuters
Waters
Google
Walmart
IBM
reports
Schools
open
Bengaluru bandh: Work from home? Schools closed? What is open, what is shut tomorrow?
Bengaluru bandh on September 26 (Tuesday) over Cauvery water dispute with Tamil Nadu, many tech companies in Bengaluru have asked employees to work from home on Tuesday, Reuters reported. The farmer organizations are demanding Karnataka state government to refrain from releasing more water from the Cauvery river to the neighbouring state of Tamil Nadu.
24.09 / 08:59
Citi
Platform
Action
Metro
country
social
travelers
youtuber
YouTuber Fidias Panayiotou jumps over Bengaluru metro gate; faces legal charges for evading metro fare
Fidias Panayiotou, a popular YouTuber and social media comedy sensation, is now in the spotlight of the Bangalore Metro Rail Corporation Limited (BMRCL) for allegedly riding the city's mass transit system without a valid ticket and flaunting this act on his social media platform. Fidias, a Cyprus-based content creator, who humorously labels himself a 'professional mistake maker' on his social media profiles, boasts a substantial following of over 2.26 million subscribers on his YouTube channel. Recently, he shared a video titled 'How to sneak into the Indian Metro,' which quickly went viral. The BMRCL's Managing Director, Anjum Parwez, expressed strong disapproval, stating, «I have seen the video of a person entering the platform without a ticket and traveling on the Metro.
23.09 / 15:47
Waters
Metro
WhatsApp
film
President
hospital
Schools
Cauvery issue: Bengaluru bandh on Tuesday, IT firms, schools may be affected
PTI. The pro-Kannada organizations even appealed to schools, colleges, shopkeepers, owners of various commercial establishments, factories, companies, and transporters to support their call for a shutdown. On Saturday, the official call for shutdown in Bengaluru was given by farmers and pro-Kannada outfits observing 'Mandya Bandh.' As per details, farmers' leader Kuruburu Shanthakumar appealed to schools, colleges, IT companies, and the film chamber to declare a holiday.
23.09 / 13:47
UPS
AXY
Platform
Apple
WhatsApp
Samsung
open
Weekly
Weekly Tech Recap: iPhone 15 series hit stores, OnePlus Open announced, Zuckerberg introduces WhatsApp Flows, more
Apple's iPhone 15 range launched in India with eager customers queuing up outside official stores in Delhi and Mumbai. Rahul, the first customer at Apple Saket, arrived at 4 am to buy the iPhone 15 Pro Max, expressing excitement about being among the first to own it. Similarly, Vivek from Bangalore was thrilled to get his iPhone 15 Pro despite not being first in line.
23.09 / 03:09
Citi
Target
Align
audience
open
Apparel brand Chique plans expansion into smaller cities, to open 150 stores in three years
Women's apparel brand Chique is planning for expansion into tier-2 and 3 cities across India. The company said that it plans to open over 150 stores in the next three years. The company already has a presence in 26 cities, including Delhi, Ahmedabad, Lucknow, Jaipur, Hyderabad, Ludhiana, Gurugram, Bangalore, and Mumbai.
22.09 / 04:19
Citi
Lowe's
recommendations
Silver
Gold and silver prices for today—September 22. Check latest rates in your city
₹58,730 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,778, and a low of ₹58,729. Around 9.20 a.m., MCX Gold for October 5 delivery traded 0.08 per cent lower at ₹58776 per 10 grams.
21.09 / 16:01
UPS
Provident
FIVE
Airlines
economy
travelers
IndiGo, British Airways sign codeshare pact
New Delhi: India’s largest airline IndiGo has signed a codeshare partnership with UK flag carrier British Airways InterGlobe Aviation-promoted IndiGo currently has codeshare partnerships with Turkish Airlines, Qatar Airways, Qantas, Virgin Atlantic, KLM, American Airlines, and Air France. Under a codeshare agreement, airlines agree to sell seats in each other's flights in order to provide their respective customers a wider network. With this codeshare partnership with IndiGo, British Airways will now be able to add three additional routes to their existing network, including Rajkot to London Heathrow via Mumbai, Vadodara to London Heathrow via Mumbai and Thiruvananthapuram to London Heathrow via Mumbai.
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