City Delhi Financial News

Dunki Advance Booking: Shah Rukh Khan’s next movie Dunki, directed by Rajkumar Hirani, has witnessed a spectacular start with its advance bookings. For Day 1, it has signalled a strong performance at the Indian Box Office. The movie will be released on December 21.

NBCC (India) Ltd is targeting to reach Rs 25,000 crore revenue in the next five years from Rs 11,000 crore in the current financial year, KP Mahadevaswamy, CMD, NBCC told ET. The company also aims to increase annual profit to Rs 5,000 crore in five years from Rs 400 crore currently by focusing on real estate development and redeveloping land that are not utilised by other PSUs. “Covid impacted the overall performance of NBCC but we are back on track and have a healthy pipeline of projects. We have an order book of Rs 55,000 crore and we plan to take orders worth Rs 15,000-20,000 crore every year.

NEW DELHI : The fourteenth round of free trade agreement (FTA) negotiations between India and the UK will start in January 2024, the ministry of commerce and industry said in an official statement on Monday. According to the government, India-UK free trade agreement talks completed 13 rounds of negotiations that took place from 18 September to 15 December. Negotiators of both the parties – India and UK – discussed complex issues, including goods, services, and investment, in person as well as virtually.

The auction will have 116 capped players, 215 uncapped players, and 2 players from associate nations. Out of the available 77 slots, up to 30 will be reserved for overseas players. The previous IPL player auctions have seen some remarkable records being broken. In the TATA IPL 2023 auction, a total of 80 players were sold, and the franchises collectively spent Rs 167 crore in Kochi. All-rounders were in high demand, and English player Sam Curran became the most expensive player in IPL auction history, returning to the Punjab Kings with a bid of Rs 18.50 crore. Mumbai Indians bought Cameron Green for Rs 17.50 crore, and Chennai Super Kings acquired Ben Stokes for Rs 16.25 crore, making them part of the top 10 most expensive players in IPL history. In the 2022 auction, 204 players were sold, and Rs 551 crore was spent by the franchises in Bengaluru. Young Indian cricketers stole the show, with Ishan Kishan fetching the highest bid of Rs 15.25 crore, securing his return to the Mumbai Indians. Deepak Chahar rejoined the Chennai Super Kings for Rs 14 crore, and Shreyas Iyer was bought by Kolkata Knight Riders for Rs 12.25 crore. Avesh Khan became the most expensive uncapped player in IPL history, with a bid of Rs 10 crore. In the list of top 10 most expensive players events two Indians — Yuvraj Singh and Ishan Kishan — make into the list while English all-rounder Ben Stokes features twice.

government on Monday nominated 31 non-official members including Abhiraj Singh Bhal from Urban Company and Kunal Bahl from Snapdeal in the reconstituted National Startup Advisory Council (NSAC). The Department for Promotion of Industry and Internal Trade (DPIIT) had constituted the council in January 2020 to advise the government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country.

Crimes against women in India rose by 4% in 2022 from the previous year, a majority of the cases being cruelty by the husband or his relatives (31.4%). Delhi is still rated as the country’s most unsafe city for women, with an average of three reported rape cases per day, accounting for 29% of crimes committed against women in 19 major cities, according to 2023 data from the National Crime Records Bureau (NCRB).

opportunity to discuss it in detail. The majority of political parties will agree to one-to-one seat sharing; maybe one or two may not agree...I don't have any motto or vendetta to not walk with anybody," the West Bengal CM said. Mamata Banerjee also responded to the alliance question with Congress in the West Bengal.

IPL auction 2024: The mini-auction of the 2024 season of the Indian Premier League (IPL) is set to be conducted on Tuesday in Dubai at the Coca-Cola Arena. In total 333 players will go under the hammer and the teams will spend around ₹250 crore to fill the 77 available slots in their team. The IPL auction 2024 is expected to witness some intense bidding war and the performances of players in the ICC World Cup 2023 will surely be accounted for.

Asian Development Bank for two loans of $250 million each essentially for the country’s infrastructure sector. One of the ADB loans is for a project that supports India’s National Industrial Corridor Development programme and the other will part-finance the construction of the 82-kilometer Delhi-Meerut Regional Rapid Transit System (RRTS) corridor, according to the statements by the multilateral institution. The pacts were signed by Juhi Mukherjee, joint secretary in the finance ministry and Hoe Yun Jeong, deputy country director at ADB. Earlier, ADB had approved a $1.049 billion Multi-tranche Financing Facility (MFF) to support the construction of RRTS. The project will help the RRTS improve urban mobility, and women and the differently abled will benefit from its economic impact, Mukherjee said. Passing through the populated sections of the national capital region, the 82-km corridor is aimed at providing fast, safe, and high-capacity commuter transit services, expanding economic and job opportunities by cutting travel time from three-four hours now to about one hour, according to one of the statements. The other loan of $250 million will continue support to industrial corridor development to make manufacturing more competitive, bolster national supply chains and links with regional and global value chains, and create more and better jobs, according to another ADB statement. This loan builds on another financing of $250 million approved by the ADB in October 2021 that helped strengthen policy frameworks for India’s National Industrial Corridor Development Programme (NICDP) and develop 11 industrial corridors, it added. The latest loan will help in the integration of industrial corridors with transport,

Travelopedia 2023 on Monday. The company said Travelopedia 2023 draws insights from Oyo’s global booking data and unveils key trends that have shaped travel experiences for its over 93 million users across India, UK, US, Germany, Denmark, Belgium, Netherlands, Indonesia, Malaysia, and the rest of Asia and Europe, spanning January 1 to December 1, 2023. As per the report, Hyderabad emerged as the most booked city in India followed by Bengaluru, Delhi, and Kolkata.

Directorate of Estates' December 11 order be set aside or, in the alternative, Moitra be allowed to retain possession of the accommodation till the results of the 2024 Lok Sabha elections are declared. Moitra was held guilty of «unethical conduct» and expelled from the Lok Sabha on December 8, 2023 for allegedly accepting gifts from businessman Darshan Hiranandani and sharing her user ID and password of the Parliament website with him. She has already challenged her expulsion in the Supreme Court after the Lok Sabha adopted the report of its ethics committee recommending her ouster.

Lalu Prasad on Monday bristled at the BJP's assertion that Prime Minister Narendra Modi will return for a third consecutive term, asserting that the INDIA alliance will «drive him out of power». Prasad was approached with queries by journalists at the airport, where he had reached, alongside son and Bihar Deputy Chief Minister Tejashwi Yadav, to board a flight to Delhi for the coalition meeting on Tuesday. The ailing septuagenarian began on an ebullient note, saying he was looking forward to the meeting, where all the alliance partners will sit together and chalk out the strategy for the 2024 Lok Sabha elections.

drones to manage traffic on NH-8, making it the first time such technology has been used for this purpose in the city. The drones are being deployed to identify congestion and facilitate quicker response times, as well as issue fines for lane driving violations, a TOI report stated. On Friday, the first drone was set up, resulting in the issuance of at least 50 fines to drivers of commercial vehicles who abruptly switched lanes on the expressway.

Also Read: Real estate trends: Will the sector witness a rise in women homebuyers in 2024? Experts decode In just the first nine months of 2023, the total residential property sales value is already 7% higher than the whole of last year, with the top 7 cities seeing inventory worth approx. ₹3,48,776 crore sold in this nine months period, as per data by ANAROCK Property Consultants. Between January and September 2023, approx.

Chief Minister Vishnu Deo Sai on Monday said the state cabinet will be expanded soon and it will comprise both old and new faces. He was talking to reporters at the Swami Vivekananda Airport in Raipur after returning from New Delhi. Sai took oath as the state's chief minister on December 13.

MPs from the INDIA bloc submitted notices for Suspension of Business on Day 15 of the Winter Session, demanding discussion on the Parliament security breach on Monday. The members of the Indian National Developmental Inclusive Alliance (INDIA) met in the chamber of Rajya Sabha Leader of Opposition Mallikarjun Kharge in Parliament to discuss a strategy to corner the Centre in both the houses.

Cube Highways and IRB Infrastructure are turned to be the highest bidders for 300-km road assets under The National Highways Authority of India (NHAI) auction of the 13 & 14 bundles of Toll Operate Transfer (TOT).Tolling, Operation, Maintenance and Transfer (TOT) Model, said people aware of the development. Cube Highways offered the highest bid of Rs7701 crore for the TOT 14 bundle while IRB offered Rs1683 crore TOT 13 bundle. National Investment and Infrastructure Fund (NIIF) offered Rs7150 crore for ToT 14, while Oriental Structural Engineers (OSE) offered Rs1565 crore for the TOT 13 as second highest bidders, said sources. Mails sent to Cube and IRB did not elicit any responses.

Narendra Modi will flag off the second Vande Bharat Express train running between Varanasi and New Delhi today i.e. on 18 December. The train will be flagged off at around 2:15 pm.

air quality in the national capital persisted in the 'poor' category, according to the System of Air Quality and Weather Forecasting And Research (SAFAR) data. Meanwhile, as per the Central Pollution Control Board (CPCB), the Air Quality Index (AQI) at IGI Airport (T3) was recorded at 338 at 7.00 am. The AQI in the New Moti Bagh area was recorded in the 'very poor' category at 334.

new year is unlikely to start with a bang in the national capital as most restaurants, pubs, and bars plan to keep things low key on the new year's eve due to various restrictions. “Most restaurants, pubs and bars in Delhi…are not planning any large-scale celebrations…because of the various administrative hassles in procuring multiple permissions and licenses,” said Sandeep Anand Goyle, who heads Delhi chapter of National Restaurant Association of India (NRAI). “Pubs, bars and nightclubs are allowed to operate till 1 am, but they are also sealed at times if decibels are beyond the prescribed limits,” he said. “With all the hassles, people don’t want to plan large-scale celebrations,” Goyle said, adding that the police seal crowd-generating areas and malls, and refrain restaurants from organising parties at their outlets. “Barricades are put on roads leading to markets, commercial complexes, and around the malls, creating hurdles for guests to reach them,” he said.

GMR Visakhapatnam International Airport, said people with knowledge of the matter, paving the way for the GMR Group to build its fourth airport in the country. GMR Airports currently operates the Delhi, Hyderabad and Goa airports in India, and an airport each in the Philippines and Indonesia. Among the five lenders, REC has sanctioned the highest amount of Rs 1,245 crore, followed by India Infrastructure Finance Company (IIFCL) (Rs 860 crore) and Exim Bank (Rs 455 crore), the people said. The other two members in the consortium are Central Bank of India which sanctioned Rs 364 crore and Bank of Maharashtra that has agreed to lend Rs 291 crore, the people said. The project cost, estimated to be Rs 4,727 crore, would be funded by Rs 3,215 crore debt of debt, equity and equity-linked instruments of Rs 1,377 crore and an Andhra Pradesh government grant of Rs 135 crore.