City Bangalore Financial News

₹54600 per 10 grams for 22 carats, and ₹59550 per 10 grams for 24-carat in the spot market. Bangalore- Rs59400 Chennai- Rs59750 Delhi- Rs59550 Kolkata- Rs59400 Mumbai- Rs59400 Pune- ₹59450 Bangalore- ₹54450 Chennai- ₹54750 Delhi- ₹54600 Kolkata- ₹54450 Mumbai- ₹54450 Pune- ₹54450 However, the rates mentioned above do not include GST, and other levies. 24k gold is available in the market in the form of bars and coins.

Brigade Enterprises has purchased land worth Rs 1,300 crore over the past year across the Southern market, to strengthen its position in the residential segment. In a recent purchase, the company bought a piece of land in Neopolis, Kokapet, Hyderabad for Rs 660 crore for a 9.7-acre plot, which translates to around Rs 68 crore per acre. The company will primarily build residential properties on this expanse of land spanning one million square feet. “We had already paid the first tranche, and we will primarily build residential on the recently purchased land. It may have some elements of other asset classes, too.

ICC 2023 ODI World Cup, set to take place in India this October-November. In an encouraging news for BCCI and ICC, tickets for non-India matches, released on the official ticketing platform BookMyShow at 8 pm on August 25, are selling like hotcakes.

Jio Financial Services will enter the insurance sector, said Mukesh Ambani at Reliance's 46th annual general meeting (AGM) on Monday. "JFS will enter the insurance segment to offer simple, yet smart, Life, General, and Health insurance products through a seamless digital interface, potentially partnering with global players. It will use predictive data analytics to co-create contextual products with partners and cater to customer requirements in a truly unique way," said the Reliance Chairman. JFS plans to democratise financial services for 1.42 billion Indians, giving them access to simple, affordable, innovative, and intuitive products and services, he said. Mukesh Ambani talked about the joint venture of Jio Financial Services with US-based BlackRock, the world’s largest asset manager. «BlackRock is the world’s largest asset management company, managing assets worth over USD 11 trillion with a stellar reputation and track record.

AIIMS was returning to Delhi after attending a medical event in Bengaluru. They were onboard the Vistara flight UK-814. AIIMS Delhi shared the incident on the microblogging site X (formerly Twitter).

Priyank Kharge on Sunday discussed rolling out free public wifi zones in Bengaluru. “We plan to have about 5,000 public hotspots in Bengaluru,” Kharge told ET, saying it was a project he initiated as IT/BT Minister over five years ago, but was still stuck where it was. “We will start talking to telecom service as well as broadband service providers,” the IT/BT Minister said, adding that the government planned to roll it out by December. The long pending project is part of the Digital Karnataka goal, aiming to provide wifi access to everyone. With no investment from the government, the earlier plan was to give data free for the first 30 minutes or an hour and charge for use beyond that. In November 2019, the BBMP and ACT Fibernet signed an MoU to make public wifi available in nine months, but it remains a non-starter.

long weekend is a great time to either explore or indulge in some rest and rejuvenation. These locations are some of the best ones to visit over a holiday weekend if you're seeking for something to do. Consider Kerala's Munnar and Alleppey if you want a combination of a hill station and a beach. Travellers can see the well-known tea estates, the Mattupetty Dam in Munnar, the Alappuzha Lighthouse, and enjoy a houseboat stay in Alleppey in just four days. Coorg in Karnataka Bangalore city is around a seven-hour journey from Coorg or Kodagu, commonly referred to as the Scotland of India.

Several areas in Karnataka's capital Bengaluru is expected to face power cuts on 26 and 27 August as the city's electricity board Bangalore Electricity Supply Company (BESCOM) and Karnataka Power Transmission Corporation Limited (KPTCL) have scheduled maintenance and repair work. Apart from the maintenance work, BESCOM said that work including Jalasiri 24 * 7 water supply work, road widening and underground drainage plant electrification, 11KV link line for bifurcate the load from F-2 Gowdihallifeeder from NG Halli MUSS To Gowdihalli High school limits, NH-48 road widening shifting will be taken up.

Indians were granted a total of 17,379 work visas last year, Federal Foreign Office of Germany said. Germany granted a total of 152,336 national work visas to foreigners in 2022, representing a significant increase compared to 2021. Out of the total visas issued to Indians, 8,613 work visas were granted by the German Consulate General in Bangalore. The second-highest number of work visas for Indians was granted by the German Consulate General in Mumbai (3,013), followed by the Consulate General in Chennai (2,483), the German Embassy in New Delhi (2,434), and the German Consulate in Kolkata (836). Turkish nationals are the second-largest beneficiaries of work visas issued by Germany followed by Bosnians, Kosovars, Russians, Albanians, and North Macedonians. This comes at a time when German cabinet on Wednesday passed a draft bill to ease the citizenship law, hoping a faster track to German nationality will attract skilled migrants to plug chronic labour shortages holding back Europe's biggest economy. Some experts caution that progress may be slow, noting parts of Germany's administrative machinery are already creaking under a big backlog of existing citizenship applications.

₹54,650 per 10 grams for 22 carats, and ₹59,600 per 10 grams for 24-carat in the spot market. Silver prices remained stable at ₹73849 per kg.

Construction tech startup Bettamint has tied up with Prestige Group’s construction arm K2K Infrastructure and Brigade REAP to manage informal workers at the construction sites of projects. The company, currently operational in Bangalore, is planning to expand to Mumbai, Pune and Delhi-NCR regions. Over the next two years, Bettamint aims to invest a significant amount in three phases, initiating operations in several cities, starting with Bangalore in Karnataka, and gradually expanding its reach to cover the whole of South India before pan India expansion. The platform comes equipped with recruitment, identity verification, onboarding features; supported by attendance, communication, field notes, compliance, payroll and payment capabilities. “Bettamint leverages technology to address industry-wide challenges including labour shortages, low productivity, high attrition and unpredictable quality. We want to solve this problem in an inclusive way where we empower millions of informal construction workers by enhancing their skills, reach, employability, earnings and quality of life, transforming individual workers to highly engaged, actively contributing, well incentivised participants in the project,” said Kezya De Braganca, founder of Bettamint. Bettamint offers builders an interface to digitise their workforce operations while also getting the benefits of increased productivity, improved quality, reduced attrition and enhanced project timelines. «Our mission has always been to raise the bar for industry standards and to prioritise the wellbeing and skill development of our workers.

₹54,300 and ₹59, 220 respectively. Gold prices moved up in the domestic futures market on August 23. MCX Gold for October 5 series traded 0.07 per cent higher at ₹58863 per 10 grams around 12:09 pm.

BEML jumped nearly 5% and hit a new 52-week high of Rs 2,184 in Wednesday's trade on BSE after the company bagged an order worth Rs 101 crore from the Ministry of Defence. «We hereby inform that BEML Limited has bagged an order from the Ministry of Defence (Army) for the supply of Command Post Vehicles with a contract value of Rs 101 crores approximately,» the company said in an exchange filing on Tuesday. Earlier on August 7, BEML also secured the Letter of Acceptance from Bangalore Metro Rail Corporation (BMRC) for the supply of Rolling stock contract 5RS-DM valued at approximately Rs 3,177 crores. At 10.14 am, the stock was trading 3% higher at Rs 2,142 on BSE. On a year-to-date basis, the stock has surged over 40%, while it has risen nearly 60% in the past six months. In Q1 FY24, the company's net loss narrowed to Rs 75 crore from Rs 82 crore in the same quarter last fiscal.

₹50 crore from existing investors, International Market Management in UK and Hunch Ventures in India. In 2018, Indian venture capital firm Hunch Ventures took a significant minority stake in Dolomite Restaurants, owned by International Market Management (IMM), founded by Dolomite managing director Jasper Reid. This year IMM, Dolomite’s parent, sold its Wendy’s burger chain to Rebel Foods for an undisclosed sum.

Narendra Modi, Chairman of several corporate groups like Anand Mahindra of Mahindra Group, Rishad Premji of Wipro, Nithin and Nikhil Kamath from Zerodha, sports personalities like Sachin Tendulkar, politicians and several social workers in the country. During his trip to India, the Microsoft co-founder also met several social workers of whom he talked and shared extensively while sharing his visit to India as well.

Airport on Monday announced on Saturday that all the scheduled international flights from the airport will leave from Terminal 2 from August 31 onwards. In a post on social media platform X, Bengaluru Airport noted, “We are happy to announce that commencing 10:45 am on August 31, 2023, all scheduled International flights will arrive and depart from Terminal 2." Bengaluru Airport noted in the tweet noted that passengers can download the BLR Pulse app for information related flights and estimated queues and wait times.

ChefKart has announced the launch of Chefit (one-time cooking service), Monthly Subscription (cook for a month), Chef for Party, and Royale (Full-time in-house cook). Through Chefit service, a cook can be hired for one-time to prepare meals for up to 8 individuals. Its other the Monthly Subscription, offers trained and verified cooks for a month, with options like the Basic Plan and Basic Plan + Premium Upgrade.

interview with Mint in August 2015, Sacheti said that he decided he had to do something differently, and the best way was to use the internet. “Look, a regular jewellery store can open a 10,000 sq. ft shop but it only has one door.

Supreme Court held that social and recreational clubs are liable to pay taxes on the interest income earned by them on their fixed deposits (FDs) with the banks, which may also be their corporate members. A bench comprising justices BV Nagarathna and Prashant Kumar Mishra said the principle of mutuality would not apply to interest income earned on FDs made by clubs in banks, irrespective of whether the banks are corporate members or not.

New Delhi: The G20 Trade and Investment Ministerial Meeting will be held in Jaipur on 24-25 August. The meeting will be preceded by the fourth and last Trade and Investment Working Group (TIWG) meeting under India’s G20 Presidency on 21-22 August, the ministry of commerce & industry said.

All India Council for Technical Education (AICTE) on Friday announced its partnership with Jio Institute for a faculty development programme on artificial intelligence (AI) and data science. The partnership aims to upskill and reskill faculty members from AICTE-approved institutions.