City Delhi Financial News
28.11 / 18:01
Citi
Provident
Aware
Platform
Racing
country
reports
stake
Tokyo Gas joins race to acquire stake in Think Gas Distribution
Tokyo Gas has joined the race to acquire a minority stake in Think Gas Distribution, Indian natural gas supplier owned by private equity fund I Squared Capital, said two people aware of the development. Founded in 1885, Tokyo Gas is the city gas provider in the Tokyo metropolitan area and surrounding Kanto region. Tokyo Gas is doing due diligence at present, said sources.
28.11 / 17:45
FIVE
Man
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exclusive
information
Centre
Don't you have any other IAS officer: SC to Centre over proposal to extend tenure of Delhi CS Naresh Kumar
chief secretary who is due to retire on November 30, the Supreme Court sought to know under which power it can do so and quipped if it was «stuck with only one person» and didn't have any other IAS officer for the post. The apex court asked the Central government to inform it on Wednesday about the grounds on which it wanted to extend the tenure of Chief Secretary Naresh Kumar by six more months. During a hearing on a Delhi government's plea, a bench headed by Chief Justice D Y Chandrachud suggested that Kumar should be allowed to superannuate and a fresh appointment should be made.
28.11 / 13:31
Strategy
President
performer
country
information
2020
recommendations
How Unifi Capital is set to navigate the MF universe
₹20,000 crore assets under management. For the first 10 years of its existence, the company was focused only on south India, where it built its reputation, mostly by word of mouth. Twelve years later, in 2013, it opened an office in Mumbai and then started exploring the rest of the country.
28.11 / 11:56
information
reports
testing
services
Centre
Govt clamps down on coaching-centre ads featuring civil-services exam toppers
₹58,088 crore, of which civil-services-exam coaching contributes ₹3,000 crore, according to the CCPA report. Delhi is considered the hub for civil-services-exam coaching. In the letter, which Mint has also seen, the CCPA suggested that DoPT enforce the Central Civil Services (Conduct) Rules, 1964 for all candidates who continue to feature in ads for coaching classes and as their brand ambassadors for the whole year.
28.11 / 10:05
CEO
Gap
Dreams
Metro
Experts
Celebrity
Mumbai
Delhi, Mumbai to Bangalore: These Indian metros record highest demand in loans for the big fat Indian wedding
Weddings are a lavish affair in India- be it a local or a destination wedding, The list of expenses is unending. Well, some are able to conveniently pay for the extravaganza on their own, while others have to opt for a wedding loan to make their D-Day special and memorable. Experts believe that the wedding industry is so expensive that normal people can't afford it. Hence, the demand for wedding loans has increased.
28.11 / 07:13
Man
Platform
Assurant
innovations
information
reports
Delhi High Court slaps ₹2 lakh fine on Bharat Pe's former MD Ashneer Grover for unparliamentary posts
₹2 lakh for sharing inappropriate posts about Bharat Pe, despite giving assurance to the court that he wouldn't do so., Hindustan Times reported. HT noted that the court, however, dismissed Bharat Pe's plea to prohibit Ashneer Grover from posting defamatory content.
28.11 / 05:51
Action
stage
Delhi AQI improves to 'very poor' following rain
Marg AQI stood at 361, Okhla AQI stood at 360 and Burari Crossing AQI stood at 360. Locations around National Capital Region fared better than Delhi in terms of pollution level including Noida whose AQI stood at 313, in Greater Noida AQI stood at 326, in Ghaziabad AQI stood at 290, in Faridabad AQI stood at 284 and in Gurugram AQI stood at 254.
28.11 / 05:27
Aware
Action
Pool
Experts
Delhi High Court grants interim relief to Sun Pharma in ‘Abzorb’ trademark case
prima facie to be a case of trademark infringement. Pharmaceutical companies such as Sun Pharma are increasingly taking legal action over trademark infringement.
28.11 / 04:49
Citi
Celebrity
hospital
reports
testing
shock
ventilators
Rohit Bal 'critical' following cardiac complications, fashion designer on ventilator: Report
Rohit Bal is 'critical' following complications in a pre-existing cardiac condition. The 62-year-old has been placed on ventilator support at the Medanta Hospital in Gurgaon, the Times of India reported on Tuesday. His health condition has declined due to a pre-existing cardiac condition.
28.11 / 03:45
Citi
FIVE
2020
Department
Marginal improvement in Delhi's air quality after rain
The wind speed improved to 20 kilometres per hour, aiding the dispersion of pollutants, an official at the India Meteorological Department said. Delhi's air quality index (AQI) stood at 365 at 8 am on Tuesday, improving from 395 at 4 pm on Monday. The AQI at any given time is the average of readings taken in the last 24 hours.
27.11 / 20:07
economy
Pool
Southern
Bill
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India's political economy challenge is to contain ‘transfer union’ discord
Although all federal states have some mechanisms for the transfer of resources from richer to poorer constituents, if the perception grows that the richer states are subsidizing profligacy or incentivising populist policies in the poorer states, the union could be politically destabilized. Such perceptions are gaining currency both in the Eurozone and in India.
27.11 / 17:47
Provident
Target
Align
Highways
Experts
show
Another jump likely in budget for roads
₹3.2 trillion, the highest-ever. This would allow it to build more greenfield highways and expressways, giving a leg-up to transport infrastructure that is key to propelling economic growth. The higher capex for the roads ministry may be announced in the interim budget to be presented in Parliament in February, the person said, adding that MoRTH has already indicated the numbers in its pre-budget consultations.
27.11 / 15:52
Platform
social
reports
services
Bad weather affects flight services at Delhi airport
Vistara flight from Guwahati to Delhi (GAU-DEL) was diverted to Jaipur (JAI) due to bad weather and air traffic congestion at Delhi airport on Monday, reported ANI. As per airport sources, some Delhi-bound flights have been diverted due to bad weather in Delhi-NCR. IndiGo also released a «travel advisory» and stated that heavy rainfall had impacted flight operations in Delhi. "#6ETravelAdvisory: Flight operations to/from Delhi are impacted due to heavy rain," IndiGo posted on social media platform X. Spicejet also took to X and posted a similar advisory saying, «We are facing ATC congestion at Delhi (DEL) due to bad weather. All departures/arrivals and their consequential flights might get affected.» Earlier today, a Vistara flight from Kolkata to Delhi was directed to Lucknow due to Air Traffic congestion at Delhi airport. Flight number UK778 has been directed to Lucknow and is expected to arrive in Lucknow at 1845 hours. «UK778 from Kolkata to Delhi (CCU-DEL) has been diverted to Lucknow (LKO) due to Air Traffic congestion at Delhi airport and is expected to arrive in Lucknow at 1845 hours.
27.11 / 15:41
Provident
country
social
reports
Rains, thunderstorm lash Delhi-NCR, air quality likely to improve; netizens rejoice
poor air quality. A number of areas in the national capital received incessant rainfall post sunset, combined with gusty winds of around 30-40 kmph.
27.11 / 15:41
Citi
awards
hospital
consequences
information
reports
ventilators
Support
Fashion designer Rohit Bal critical and on ventilator support, admitted to Medanta Hospital: Report
Rohit Bal is reportedly admitted to Medanta Hospital in the National Capital Region owing to pre-existing cardiac condition. The fashion designer is reportedly critical and has been put on ventilator support. According to HT City, people familiar with the ailment of Rohit Bal has informed that Rohit Bal has been admitted to Medanta Hospital and remains in a critical condition.
27.11 / 12:33
Citi
Art
Waters
Action
awards
President
Crime-master Gogo Kejriwal: BJP spokesperson points out irregularities at Delhi Jal Board's STP upgradation by AAP
Gaurav Bhatia accused Delhi Chief Minister Arvind Kejriwal on Monday of being 'crime master Gogo', a fictional character who dupes people and accused the AAP government of discrepancies in the Delhi Jal Board's (DJB) tendering process for upgrading its sewage treatment plants. Questioning the AAP government's silence on the Delhi Jal Board scam, BJP leader Gaurav Bhatia said, «There are many illegalities in the said scam, but the 'crime-master' Gogo (Arvind Kejriwal) will not speak a word on corruption-related matters.» Bhatia said ten sewage treatment plants in the city were divided into two categories and only upgradation was to be done in the first category, while in the second category, the work was related to increasing the capacity. Addressing the media, BJP spokesperson Gaurav Bhatia said, «If there is any politician in India who has mastered the art of corruption, lies, and deceit then it is Arvind Kejriwal...»
27.11 / 10:03
FIVE
singer
hospital
Sharpshooters of Arshdeep Singh gang, tasked with killing singer Elly Mangat, held in Delhi
Delhi, officials said on Monday. According to them, the arrested accused have been identified as Rajpreet Singh (25), and Virender Singh (22) and they were planning to kill Punjabi singer Elly Mangat. «During the encounter, five rounds of bullet were fired by the accused, of which two hit the bullet-proof jacket of a police staffer. »In retaliation, the police team fired six rounds. During this exchange of fire, one of the accused, Virender Singh, sustained gunshot injury on his right leg," a senior police officer said, adding that both the accused were sent to LBS hospital for treatment after the encounter. Two revolvers, 13 live cartridges a hand grenade and a stolen motorcycle were seized from them, police said.
27.11 / 09:42
Cooper
Interface
Experts
Inside
information
No more GPR survey at Uttarakhand rescue site, team sent back to Delhi
GPR (Ground Penetrating Radar) survey team was sent back to Delhi as manual drilling began on the 16th day of the rescue operations in Uttarkashi. The Ground Penetrating survey will not be conducted inside the rescue tunnel again, said officials. The Ground Penetrating team who came to conduct a survey at the rescue site of the Silkyara tunnel, informed that there were no heavy objects up to 5 metres in the rescue tunnel on Friday. The rescue work was halted as the Auger machine broke as soon as it got struck with a heavy object. The team, which came from Parsan Overseas Pvt Ltd Delhi, used the ground-penetrating radar (GPR) technique to examine the rescue tunnel. Ground Penetrating Radar, also known as GPR, Georadar, Subsurface Interface Radar, or Geo-Probing Radar, is a totally non-destructive technique to produce a cross-section profile of the subsurface without any drilling, trenching or ground disturbances.
27.11 / 09:31
Nov
Audi
country
information
reports
2024
Maruti Suzuki cars to become expensive from Jan 2024! Automaker announces price hike
BSE filing, the automaker informed that due to increased pressure, it has decided to hike prices of the cars."The Company has planned to increase the prices of its cars in January 2024 on account of increased cost pressure driven by overall inflation and increased commodity prices. While the company makes maximum efforts to reduce costs and offset the increase, it may have to pass on some increase to the market," MSI informed the stock exchanges today. The company, which sells a range of vehicles from entry-level small car Alto to multi-utility vehicle Invicto, priced between ₹3.54 lakh and ₹28.42 lakh (ex-showroom Delhi), however, did not specify the quantum of the proposed price hike.
27.11 / 07:27
Citi
Digital
Citizens
Progressive
Metro
innovations
Land Value Capture: A self-financing and sustainable model for infrastructure development
The World Bank estimates that India will need to invest approximately $ 840 billion in urban infrastructure over the next 15 years. The Union Budget 2023-24 has already allocated ₹10 trillion towards capital investment and has identified one hundred critical transport projects for first and last mile connectivity.
27.11 / 06:59
Experts
show
rap
reports
recommendations
Experts tell what North India can learn from South India in alleviating smog
how to mitigate smog in north India, especially in Delhi-NCR rules the headlines. Several environmentalists and experts have suggested numerous solutions to reduce pollution in Delhi-NCR. The Delhi government has also taken stringent measures to alleviate smog in the region.
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