City Bangalore Financial News

31.07 / 16:39
COST UPS Citi Provident Parke Metro Costs Food, toys, salon visits and vet: Here is what it costs to keep a pet
₹1 lakh annually on Ronnie but that hardly constitutes 5% of their income. “We haven’t yet seen any pet care service in India which is too expensive, so we never have had to budget carefully while spending on him," Priyamvada said. For Vasudha and Devraj, the total cost of Dylan’s ownership is 1-3% of their income.
31.07 / 15:53
film country social Indian Singapore’s Nanyang Technological University to strengthen its research tie-ups with top Indian universities
Nanyang Technological University is looking at strengthening its research and academic collaborations with top Indian universities, Tim White, Vice President, International Engagement, told ET in an interaction. “The most important institutional collaborations NTU has are with IIT Madras and IISC Bangalore where through the generosity of an endowment from Kris Gopalakrishnan 50 Indian PhD scholars will be trained at NTU,” said White.
31.07 / 14:13
Citi Provident FIVE show country symphony Retail space leasing soaring in India – Here’s why
India’s retail sector is witnessing a constant surge in demand and healthy leasing across Grade A retail spaces. Growing consumer base, evolving lifestyle, urbanisation, rising disposable income, the convergence of online and offline retail, and investments in retail infrastructure are attributed for the rise in the leasing activity of retail spaces.
31.07 / 09:19
UPS Twitter Google Platform Tesla show testing Viral video: Driverless four wheeler spotted testing in Bengaluru
driverless car reportedly was seen moving autonomously without any human assistance, capturing the attention of onlookers. The footage, taken by a spectator (unknown) while driving their own four-wheeler, showed the driverless vehicle smoothly passing other cars on the road.
31.07 / 07:17
Rohan Narayana Murty: Billionaire Narayana Murthy's son, who pioneered his own path to excellence in technology and innovation
Rohan Narayana Murty has carved a distinctive journey for himself while also supporting his renowned parents, Sudha and N.R. Narayana Murthy, the founders of Infosys. His upbringing in a supportive and famous family fostered a passion for programming from an early age.
30.07 / 05:41
Provident Digital Aware Entertainment Enterprise Metro show Indian Barco showcases visualization products to tap growing Indian market
India, the global technology leader in networked visualization solutions for the entertainment, enterprise and healthcare markets Barco, showcased its latest products and solutions at the Barco Connect 2023 (One Barco event) in Delhi. Barco offers a range of networked visualization products in the Indian market, including digital cinema projectors, large screen display solutions, collaboration solutions, rugged displays for professional applications, and Hi-tech medical displays, according to a release.
28.07 / 11:20
UPS Citi Manufacturing Apple stage country India sets steady path toward local semiconductor industry
semiconductor sector. Prabu Raja, president of the US company’s semiconductor products group, said India is on its way to becoming a major hub for semiconductor packaging and assembly. That should create a solid foundation for the industry, setting the stage for the country to move into more challenging — and expensive — semiconductor manufacturing.
28.07 / 07:19
FIVE Manufacturing AMD country AMD to invest $400 million in India over next five years, to build new India campus in Bangalore
Semicon India conference in Gandhinagar, Gujarat. The event is being held in an effort to attract investment into India's chip industry and establish the country as a semiconductor manufacturing hub to rival countries like Taiwan and China.
27.07 / 16:41
Gap show stage country beautiful social folk Miss World is welcome: It’ll help expose a myth
News of the Miss World beauty pageant to be held in India this year after a 27-year gap has so far evoked only muted murmurs. Maybe we are spoilt for choice with public spectacles. Back in 1996, host-city Bangalore had erupted in protests that got police onto the streets and featured self-immolation bids aimed at halting the show.
27.07 / 10:59
UPS Citi Digital Russia’s Sberbank to set up IT unit in Bengaluru, to hire 200 specialists
Russia's Sberbank has received permission from the Reserve Bank of India to establish an IT unit in Bangalore. The new IT office will house Sberbank's in-house data processing center.
27.07 / 08:15
COST UPS Citi Mobile Metro Bangalore Metro update: When KR Puram and Byappanahalli, Kengeri and Challaghatta stretches are likely be operational?
Bangalore Metro Rail Corporation has started trial runs of trains between KR Puram and Byappanahalli stations. Sharing a video of the trial run, Bangalore Central MP, PC Mohan in a tweet said: «The entire east-west Metro corridor will revolutionise travel for passengers, slashing commute times and transforming the very fabric of the city's mobility landscape.» Bangalore Metro Rail Corporation aims to open this KR Puram and Byappanahalli next month and a top official told Times of India that the trial runs could go for around 10 days. «On Wednesday, the single train was operated on the stretch, and we did not face any problem.
27.07 / 04:23
UPS Provident Gap country social Credit rating practices in India: SEBI’s exemplary role
Credit rating agencies play a crucial role in the financial world by providing investors and businesses with valuable insights into the credit worthiness of issuers. Credit rating is an independent assessment of the creditworthiness of a business or government entity in general terms with respect to specific financial obligations such as a new bond issue.
26.07 / 12:55
UPS Lowe's Manufacturing CEO performer Syngene Q1 Results: PAT up 26% to ₹93 crore, revenue rises 26% to ₹832 crore
Syngene International on Wednesday announced the results for the quarter ended June, 2023, and reported a PAT (profit after tax) of ₹93 crore, which is 26% up YoY. Apart from this, the firm also reported that the quarterly revenue was up 26 percent year-on-year to ₹832 crores, it said in a stock regulatory filing.
26.07 / 12:37
MET Man Racing LinkedIn 27-year-old IIM Bangalore student dies of heart attack
cardiac arrest. IIM Bangalore in a tweet said that Ayush Gupta was a second-year PGP or Post Graduate Programme in Management student and also was a senior coordinator of the Student Alumni Committee of PGP. «We are deeply saddened by the demise of Ayush Gupta, our second-year PGP student, who suffered a cardiac arrest, this afternoon.
26.07 / 07:13
Highways NHAI bans two-wheelers, autos on Bengaluru-Mysuru expressway from Aug 1
National Highways Authority of India (NHAI) has banned plying of two-wheelers, autos, tractors, non-motorised vehicles, multi-axle hydraulic trailer vehicles, and quadri cycles on the Bengaluru-Mysuru expressway from August 1 onwards. The decision was taken by the authorities amid rise in number of accidents reported on the expressway.
25.07 / 16:35
Citi Aviat CEO Airlines track FLY91 allocated routes under UDAN scheme
Fly91, a new airline helmed by top aviation veterans has been allocated its first set of routes under the Government of India’s Regional Connectivity Scheme (RCS) UDAN. The routes given under UDAN 5.0 will see FLY91 connect the cities of Sindhudurg, Jalgaon, Nanded and Agatti with business and leisure destinations of Bangalore, Goa, Hyderabad and Pune.
25.07 / 15:47
UPS Citi Waters Parke Marvell Three decades of unparalleled expertise: Sattva Group's impact on India's Commercial Real Estate industry
How the journey beganThe group’s journey began in 1993 with the construction of a commercial structure in then Bangalore that paved the way for bigger, better things to follow. At the turn of the century, with the onset of Information Technology (IT), the Garden City was poised for exponential growth.
25.07 / 14:19
COST UPS Citi MET Cooper Bengaluru hoteliers to hike rates from August, seek commodity price control measures from government
Bengaluru’s eateries are expected to hike rates by 10% from August in the wake of rising fuel, gas and milk prices, said the Bruhat Bangalore Hotel Association (BBHA). ET has learned that the association is set to meet Central and state ministers next week to discuss commodity price control. Hoteliers in the city have been warning about a potential price hike for a month, with rising commodity costs.
25.07 / 09:37
COST UPS Citi CEO electronic surges Retail leasing surges by 24% YoY in Jan-Jun; supply jumps 148%: Report
New Delhi: Retail leasing in India witnessed a 24% year-on-year growth during the first half of 2023, reaching a staggering 2.87 million square feet, according to a CBRE report. The report, titled ‘India Market Monitor Q2 2023’, highlights a strong momentum in retail leasing throughout H1 2023, witnessing a 15% rise compared to H2 2022. “We foresee a consistent growth in secondary leasing, while primary leasing is likely to pick up pace, fuelled by a strong supply pipeline and the forthcoming festive season," said Anshuman Magazine, chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE.
25.07 / 07:31
Aviat Action Airlines Boeing Returns Muscat-bound Oman Air flight returns to Kozhikode after technical snag, lands safely
airport minutes after take-off due to a technical snag, airport authorities said as reported by PTI.  As per Calicut airport official, Flight WY 298 with 169 people onboard took off from the Karipur airport at 9.15 am. The flight turned back barely a few minutes into its journey due to a technical fault and landed safely, airport official said as reported by PTI.  "It was a normal landing..
25.07 / 06:37
COST Citi CEO performer electronic Retail leasing grows 24% year-on-year in the first half of 2023
Retail leasing in India witnessed a 24% Y-o-Y growth in Jan-June’23 period and a 15% increase compared to Jul-Dec’22 period, according to a CBRE report. Total leasing during Jan-Jun’23 stood at 2.87 mn sq ft compared to 2.31 mn sq ft (Y-o-Y). Bangalore, Delhi-NCR, and Ahmedabad collectively accounted for a cumulative share of 65% in leasing activity during the first six months this year.

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