City Delhi Financial News

Republic Day on January 26th, heightened security measures will lead to airspace restrictions in the national capital for a total of 11 days this month, encompassing both Republic Day preparations and celebrations. As per officials, the airspace curbs are scheduled from January 19 to 25, along with additional restrictions on January 26 and 29.

₹370 were higher compared to ₹357 in the previous quarter and ₹359 in the year ago quarter. The quarter also saw some moderation in raw material costs. Though demand in certain pockets and regions saw temporary impact due to state elections, labor availability in festive season, rains and floods in the South India, and construction bans in Delhi NCR and some other regions to curb pollution.

Fog in Delhi is an annual event, and extraordinarily long lasting this winter. It has delayed flights, trains, caused accidents on roads and created heartburn all around. So far, so expected.

Bollywood director Rohit Shetty and Sushwanth Prakash, who assists Shetty in his films. The action thriller has started streaming on Amazon Prime Video. As per the official plot, it is “an action-packed series that follows the harrowing journey of Delhi Police Officer Kabir Malik".

Republic Day on January 26th, the Delhi Metro Rail Corporation said in a statement on Thursday. This might result in long queues at some Metro stations, especially during peak hours during this period," the statement added. «Therefore, passengers are advised to plan their journey accordingly and allow for some additional time for their commute during these days. Passengers are requested to cooperate with the security personnel during security checks,» it further stated. Meanwhile, airspace restrictions will be in place in the national capital for 11 days this month given Republic Day preparations and celebrations. There will be airspace curbs from January 19 to 25 as well as on January 26 and 29. As per officials, landing or take-off of non-scheduled flights of scheduled airlines, and chartered flights will not be permitted from 10 am to 1.15 pm during the January 19-25 period. During this period, scheduled flights will not be impacted.

non-scheduled flights of scheduled airlines, and chartered flights will not be permitted from 10 am to 1.15 pm during the January 19-25 period, PTI reported. According to the NOTAM issued by the Airports Authority of India (AAI), these restrictions will be in force from 6 am to 9 pm during the period from January 26 to 29. A NOTAM (Notice to Airmen) is a notice with information that is essential to personnel involved in flight operations.

Andaman and Nicobar Islands between 19 to 24 January, and over northeast and adjoining east India during second half of the week. -Under the influence of Western Disturbance, moderate rainfall/snowfall are likely to occur over Western Himalayan Region and over plains of northwest India on some days between 25 to 31 January.

City governments in India must focus attention on the planning of inclusive, safe and efficient public transportation if they want residents to be healthy and lead economically productive as well as socially active lives. Whether citizens choose to walk, drive or use a train, proper planning is necessary for them to reach their destinations fast and safe. If their needs are met by public transportation, people opt for public modes; otherwise, for private vehicles.

₹1.6 lakh plus taxes for a 1,500-square-foot apartment, which includes a year’s maintenance. As Yamini Aiyar, head of the Centre for Policy Research, pointed out last November in a column for Deccan Herald, such high-end solutions for those who can afford them are another example of the well-off in effect ‘migrating’ further away from the realities faced by the rest of India, a widening gulf that can be traced to the grossly inadequate provision of public services by the government, especially in the fields of education and medical care.

Civil aviation minister Jytoriaditya Scindia on Thursday warned that airlines should improve their efficiency or risk losing customers. He also said that the government will take strict action against airlines who don’t follow the regulations regarding passenger rights. “I would urge the airlines to not only focus on passenger volume but also improve their efficiency.

SAEL Ltd, which converts agricultural waste into energy, is close to finalising a fundraise of $1 billion (about ₹8,300 crore) from US and European investors, said people aware of the matter. US International Development Finance Corporation (DFC) and Norfund, which is owned by the Norway government, are likely to participate in the fundraising along with some domestic investors who could collectively pump in funds in a combination of equity and debt in the company, according to the people. The fundraising is likely to include an equity component of $150 million and the remaining $850 million could be raised by way of loans or debt securities issued to investors, they said. DFC recently committed around $500 million of financing to Adani Ports and Special Economic Zone's port terminal project in Sri Lanka. Norfund is an existing investor in SAEL. ET's queries to SAEL, DFC and Norfund did not elicit a response till press time. Delhi-based SAEL, promoted by Jasbir Awla, has established waste-to-energy conversion projects in Haryana, UP, Rajasthan and Punjab and also operates solar power plants. Awla's other business interests include warehousing and agro-processing.

ALSO READ: Mahua Moitra served fresh notice to vacate govt bungalow after expulsion as Lok Sabha MP in cash-for-query case The court listed Moitra's petition in which she challenged the eviction notice issued by the Directorate of Estates (DoE) for further hearing on January 24. Earlier, in her appeal to the high court, Moitra pleaded not to throw her out of the premises for the time being as she is a single woman and is undergoing treatment at a hospital. Senior advocate Brij Gupta, representing Moitra, submitted that she had undergone a surgical procedure and was admitted to a private hospital.

₹ 16.4 lakh and a net loss of ₹5.1 lakh that year according to its registrar of companies’ filings with the ministry of corporate affairs, accessed via business intelligence platform Tofler. SportsBaazi competes with brands like Mobile Premier League, My11Circle and Dream11.

committee on 'one nation, one election' Ram Nath Kovind has started holding deliberations with former chief election commissioners and retired judges on the issue of holding simultaneous polls. This comes days after the panel sought the views of the public on the issue. On Wednesday, Kovind met former Madras High Court chief justice Munishwar Nath Bhandari.

Ramkrishna Forgings Ltd on Thursday posted a 43 per cent rise in consolidated net profit to Rs 86.86 crore during the December quarter on the back of higher income. The company had posted a net profit of Rs 61.04 crore in the year-ago period, the company said in an exchange filing. The company's total income in the third quarter of the current fiscal also rose to Rs 1,059.32 crore from Rs 778.22 crore in the year-ago quarter.

Sun Mobility on Thursday said it will power and deploy 30,000 scooters of Bengaluru-based startup Bounce Infinity across key markets. These markets – including Bengaluru and Hyderabad, Mumbai, Pune and Delhi – will see Sun Mobility generate business under both its battery-as-a-service and mobility-as-a-service models.

Gurugram, the bustling city in the National Capital Region (NCR), has witnessed a paradigm shift in its real estate landscape. According to recent survey data, Gurugram has been leading the residential real estate market, with over 13% more sales overall in NCR—particularly in the luxury segment. This illustrates the region’s increasing appeal to investors, especially in light of the notable increases in property values and rental yields, as well as the excellent connections the area provides.

The unstoppable increase in homebuyers’ appetite for luxury residences firmly indicates that the demand for different categories of luxury properties has kept growing, showing no signs of tail-off. Unlike affordable housing, luxury housing has not witnessed a dry spell and enjoyed a phenomenal consumer demand in pre- and post-pandemic periods.

NEW DELHI : The National Company Law Tribunal deferred hearing a case involving low-cost carrier SpiceJet and aircraft lessor Celestial Aviation Services Ltd on Thursday after the two sides informed the court that they were in advanced stages of reaching a settlement. In the previous hearing, SpiceJet had informed the tribunal about making initial payments to the lessor. NCLT is now likely to hear the case in the last week of February.

land deals for over 2707 acres closed in 2023 across the country up from 82 deals for 2508 acre a year ago. Backed by strong residential sales momentum across cities, at least 72% of the total land area closed in 2023 is slated to be used for residential development. “In terms of transaction size, Ahmedabad was the front-runner with the biggest land transaction in 2023.

Shashi Tharoor has continued his ongoing fight with the Civil Aviation Minister by demanding Jyotiraditya M. Scindia to drop his ego and seek an apology from the public concerning the flight crisis at the Delhi airport. Quoting Minister's post on social media platform 'X,' Tharoor said «It would be prudent for the Honourable Minister to apologise to them for the agony and distress that his Government has caused, enabled, and overseen rather than engage in .. Scindia had switched parties when he left the grand old party to join BJP in 2020.