City Delhi Financial News

13.01 / 03:05
Racing film Actor show audience stars Merry Christmas Box Office Collection Day 1: Katrina Kaif starrer records dull numbers on release day, mints ₹2.55 cr
₹2.55 crore net in India on its first day for all languages. The movie on its first day witnessed an occupancy of 11.56 percent in the Hindi language with morning shows saw 6.81 percent occupancy, afternoon shows at 8.98 percent, evening shows at 12.14 percent, and night shows at 18.31 percent occupancy, according to Sacnilk.com. For the ‘Merry Christmas’ movie, Chennai recorded the highest occupancy, that is, 58.67 percent in the theatres, followed by Hyderabad at 45.67 percent, Bengaluru at 35.25 percent, Pune at 14.25 percent, Mumbai at 12.75 percent, and Delhi at 8.50 percent.
12.01 / 19:13
COST Citi Platform Airlines Parke travelers Parking trouble awaits private jets on way to Ayodhya
₹12,000–15,000, much higher than the average fare of ₹3,000–5,000. The spike in hotel tariffs is starker, peaking to ₹45,000 per night for a room that would otherwise cost about ₹4,000. “The hotel industry is working on the infrastructure to cater to the footfalls expected for Ayodhya city, but this will take time.
12.01 / 18:37
country Department Courts SC stays Delhi HC ruling on benefits for foreign investors with TRCs
NEW DELHI : The Supreme Court has put on hold a Delhi High Court ruling that had allowed foreign investors to benefit from zero or reduced tax rates in India based solely on possessing a tax residency certificate. Foreign investors can avail these certificates, known as TRCs, based on treaties between India and tax haven countries such as Singapore and Mauritius. This Supreme Court’s decision on Friday was in response to a petition by tax authorities challenging the Delhi High Court’s decision in a case involving Blackstone Capital Partners, a Singapore-based company facing a tax notice of about ₹108 crore.
12.01 / 14:15
FIVE Compilation SARS-CoV-2 show reports Number of COVID-19 sub-variant JN.1 cases crosses 1,000 mark in India
cases of COVID-19 sub-variant JN.1 has crossed the 1,000 mark with Uttar Pradesh becoming the latest entrant to the list of states and Union territories that have detected its presence so far, according to INSACOG. Data compiled by the Indian SARS-CoV-2 Genomics Consortium (INSACOG) showed that Karnataka has reported the highest number of 214 cases among the 16 states and UTs, followed by Andhra Pradesh (189), Maharashtra (170), Kerala (154), Goa (90), Tamil Nadu (88) and Gujarat (76).
12.01 / 13:03
UPS Citi Racing Election rights Indian-origin entrepreneurs to contest Mayor of London election
election for the Mayor of London is scheduled for May 2 and the battleground of candidates challenging the incumbent, Sadiq Khan, is gradually expanding with two Indian-origin entrepreneurs in the race as independent candidates. While businessman Tarun Ghulati, 63, had launched his mayoral campaign during a visit to India at the end of last year, property entrepreneur Shyam Batra, 62, is the latest entrant to the contest making up nearly a dozen candidates.
12.01 / 12:47
Citi MakeMyTrip Celebrity country reports politician International Ram Mandir ceremony: How expensive are flight tickets to Ayodhya from 10 major cities | Check here
special invitations have been reportedly sent to 6,000-7,000 people, including several politicians and celebrities. As the fervour over the Ram Mandir ceremony remains high among the people of the country, here's how expensive the flight tickets to Ayodhya from 10 major cities are. Roughly, there was a difference of ₹1,000-3,000 in the fares of few trips available on MakeMyTrip and EaseMyTrip platforms.
12.01 / 12:09
awards Justice consequences reports Courts Journalist Tarun Tejpal to publish apology over defamatory article against top Army officer, HC told
Tarun Tejpal told the Delhi High Court on Friday he will publish an apology in a national daily stating that an Indian Army officer, against whom he had levelled allegations of corruption in defence procurement, had not accepted any money. The high court was hearing an appeal filed by Tejpal, the proprietor of Tehelka.com, and its reporter Aniruddha Bahal challenging a single judge's order awarding a compensation of Rs 2 crore to Major General M S Ahluwalia for the loss of reputation suffered by him on account of a 2001 «expose» by the news portal alleging his involvement in corruption in defence procurement. The counsel for the duo also told the high court that they will deposit Rs 10 lakh each with the court.
12.01 / 03:59
Target FIVE Manufacturing Trade reports Department Updates Polycab share price tanks 28% in last five sessions; what should you do?
Polycab India, a leading electrical wires and cables manufacturer to ₹4,300 apiece from an earlier target price of ₹5,809 apiece to factor in the uncertainties due to the IT raid, by cutting the target P/E to 30x December 25E from 38x September. The company shares were in the spotlight over the last few sessions amid circulating reports of tax evasion allegations against the company.
11.01 / 18:43
Digital Action wellness country Investigations International NIA raids 32 places in action against Bishnoi Gang and Babbar Khalsa
National Investigation Agency (NIA) on Thursday seized several illegal arms and ammunition, along with incriminating documents, digital devices and cash in a massive multi-state crackdown in connection with cases relating to conspiracies and activities of the banned Babbar Khalsa International (BKI) and the Lawrence Bishnoi crime syndicate. A total of 32 locations in Punjab, Haryana, Rajasthan, Uttar Pradesh and Delhi, as well as the Union Territory of Chandigarh, were raided by NIA teams as part of the mega operation that began early Thursday morning, a spokeswoman of the agency said.
11.01 / 17:51
markets COST Provident Pool President country reports India a high-growth, stable market attracting big investments: NTT
NEW DELHI : Data center and IT infrastructure provider NTT is massively expanding its presence in India, which it considers to be both geopolitically stable and the world’s fastest growing data center market. The company has eight new data centres under construction in India, which would add to its 14 existing centres in the country. India also offers a large pool of talent and revenue growth opportunity, which will further expand with the advent of AI and GenAI, NTT Global Data Centers chief executive and president Doug Adams said while launching the company’s first data centre in Noida, Uttar Pradesh on Thursday.
11.01 / 14:26
markets UPS Citi wellness reports travelers International Mumbai Atal Setu: How the Trans Harbour Link will transform Mumbai
Arabian Sea tomorrow, Mumbai will get a vital artery which can give a phenomenal boost to business and industry as well as make daily life easier for Mumbaikers. The Mumbai Trans Harbour Link (MTHL), or Atal Setu, as it will be called now, links Sewri in Mumbai to Nhava-Sheva on the mainland in Mumbai Metropolitan Region, establishing faster connectivity between the island city of Mumbai and the Navi Mumbai on the mainland, and decongesting the perennially choked metropolis as well as opening new vistas of development. Spanning 22 km, with a 16.5 km extension into the sea, Atal Setu will shorten travel time between Mumbai and Navi Mumbai to 20 minutes from two hours.
11.01 / 11:23
markets Citi Digital Diversity show electronic reports India’s emerging e-commerce hotspots: Visakhapatnam, Ghaziabad and Faridabad
NEW DELHI : Visakhapatnam, Ghaziabad and Faridabad are emerging as India’s newest new e-commerce hotspots, according to a new report evaluating the potential of 100 major cities for digital commerce. Bengaluru, Mumbai and Delhi, as expected, top the list, according to the India Digital Commerce Index report by consulting firm Kearney and e-commerce marketplace Meesho. “The second cohort of cities includes the major tier 1 cities of Chennai, Hyderabad, Kolkata, Ahmedabad, and Pune," the report stated, adding that India’s e-commerce market is expected to be valued at roughly $200 billion by 2026.
11.01 / 11:15
Citi Provident cover hospital Department medicines Courts Central govt employees, pensioners: CGHS eligibility, full list of treatments available under CGHS, cities where you can get it
CGHS scheme? What are the facilities available under the CGHS scheme? In which cities you will get the benefits of the CGHS scheme? Here are all your questions answered.
11.01 / 08:55
UPS Citi Aviat security Celebrity Traffic International Ram Mandir event: ‘100 chartered planes to land in Ayodhya on 22 January’, says Yogi Adityanath
Ayodhya airport on 22nd January to attend the 'pran pratishtha' ceremony of the Ram Temple. This will also show us the path of checking the potential of the Ayodhya airport" the CM said. He further added, "I am grateful to PM Narendra Modi for giving the fourth international airport to Uttar Pradesh.
11.01 / 07:15
Target Justice shock Courts Editorial Constitution has been trampled upon: 'Saamana' after speaker's ruling in Shiv Sena split case
Maharashtra assembly speaker Rahul Narwekar for recognising Chief Minister Eknath Shinde-led party as the «real» Shiv Sena, claiming the Constitution has been trampled upon by recognising a «gang of thieves». The people of the state will not forgive those behind this, an editorial in the Sena (UBT) mouthpiece 'Saamana' said while also targeting the ruling Bharatiya Janata Party. Addressing a news conference here, Sena (UBT) MP Sanjay Raut claimed Narwekar was entrusted with doing justice, but he acted as Shinde's lawyer.
11.01 / 06:23
Digital Manufacturing Action Bill reports Department Investigations I-T dept detects ₹1,000 crore unaccounted cash sales in Polycab
₹1,000 crore (approximately) after it raided Polycab group, a prominent wires, cables, and electrical items manufacturer, according to an official statement by the Ministry of Finance. The I-T sleuths initiated search and seizure operations last year in December. The search action was conducted at more than 50 premises located in Mumbai, Pune, Aurangabad, Nasik, Daman, Halol and Delhi.
11.01 / 05:07
security President Celebrity band reports Traffic Republic Day: Rehearsals have begun ahead of the R-Day parade, holding up traffic. Watch
Republic Day Celebrations: Rehearsals for the grand Republic Day parade have begun near India Gate in central Delhi, weeks ahead of the national celebration, as per a PTI report. As rehearsals get into full swing, the report said traffic disruptions are expected near India Gate for more than four hours, as per alerts from the city police. In particular, the Delhi traffic police have urged the public to steer clear of Vijay Chowk and intersections around the landmark.
11.01 / 05:07
Citi Target MET FIVE Enterprise inclusion reports Mumbai MSMEs in Bengaluru, Pune confident to make profits this year, Mumbai least optimistic: Report
Small enterprises big on new firm registrations Additionally, 75% of Wholesale and Trader segment MSMEs remained bullish on consumer demand in the current calendar year. Among the Indian cities, Delhi appeared most optimistic where 87% of the surveyed MSMEs anticipated a surge in consumer spending. The survey analysed responses from nearly 3,000 MSMEs from more than 25 cities in India.
11.01 / 05:07
UPS Entertainment Remark film Celebrity actress Chat with Sunny Leone! Delhi startup unveils India's first official AI replica of Bollywood celebrity
artificial intelligence startup ‘Kamoto.ai’ has unlocked revenue generation through its advanced generative AI technology. The company, in partnership with Bollywood actress Sunny Leone, achieved a remarkable feat amid the transpiring technological advancements in the entertainment domain.
11.01 / 04:39
markets Digital Trade Experts cover reports Department Polycab plunges 20% as I-T dept detects unaccounted sales of Rs 1,000 crore during raids
Polycab tanked 20% to the day's low of Rs 3930.55 in Thursday's trade after the Income Tax department detected «unaccounted cash sales» of about Rs 1,000 crore after it recently raided the Polycab group. «Unaccounted cash of more than Rs 4 crore was seized and more than 25 bank lockers were put on restraint after the searches were launched against the group on December 22 last year,» the Central Board of Direct Taxes (CBDT) said in a statement, according to a PTI report. It said a total of 50 premises in Mumbai, Pune, Aurangabad and Nashik in Maharashtra, Daman, Halol in Gujarat and Delhi were covered. The CBDT said a large number of «incriminating» evidence in the form of documents and digital data were seized during the raids. These reveal the «modus operandi of tax evasion» adopted by the group in connivance with some of authorised distributors, it said. Also Read | Tech growth woes pose risk to Dalal Street's sizzling rally «Credible evidences recovered during the search have established that the flagship company has made unaccounted cash sales of around Rs 1,000 crore which are not recorded in the books of accounts,» the CBDT claimed. Polycab India, however, issued a clarification to stock exchanges calling the reports of «tax evasion by the company» as «rumours». «Polycab India denies any rumours of tax evasion by the Company circulating in the media,» the company filing said, adding that «The company asserts its commitment to compliance and transparency, having fully cooperated with the Income Tax Department officials during the search proceedings in Dec 2023.
10.01 / 15:29
markets UPS Provident country Features Updates Ather 450S electric scooter price reduced by Rs 20,000. Check new prices here
The EV maker has announced a Rs 20,000 price cut on its 450S model which will now be available at a starting price of Rs 1.09 lakh in Bengaluru and Rs 97,500 in Delhi. Both prices are ex-showroom. After announcing the new prices, Aether's 450s will remain in country's EV market as the sole competitor with the lowest starting point when compared to 2024 Bajaj Chetak Urbane priced at Rs 1.15 lakh, base TVS iQube priced at Rs 1.23 lakh, and Ola S1 Air which carries a sticker price of Rs 1.20 lakh. All prices are ex-showroom.

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