City Delhi Financial News

10.11 / 08:33
Citi Aware Action awards hospital Department patient Air emergency: Central health advisory for city schools, students call for use of public transport, bicycles
air emergency in the national capital, the Union Health Ministry on Friday issued an advisory for children in Delhi and neighbouring states amid mounting pollution concerns and toxic air days that have emerged as a clear and present danger to public health. However, in a measure of respite from the smog or toxic cloud that has been hanging heavy over the national capital in the last week and more, the city on Friday received showers that saw the overall Air Quality Index (AQI) drop below 400. The Central Pollution Control Board (CPCB) pegged the city's overall AQI at 398 at 10.30 am on Friday. The central health advisory on Friday laid particular emphasis on children, as it advised school authorities, heads, teachers as well as parents to develop mechanisms to create awareness and motivate students to adopt better practices to mitigate and adapt to air pollution. The ministry said schools should organise awareness events and award children for taking up mitigation practices to fight air pollution. «Areas: Cities and urban areas are more likely to have outside pollution levels.
10.11 / 07:59
Man Nov President show "Puppet CM busy playing driver to his Delhi boss": SAD chief Sukhbir Singh Badal rips into Bhagwant Mann, AAP govt over law and order
SAD) president Sukhbir Singh Badal launched a blistering attack on the ruling Aam Aadmi Party (AAP) in Punjab, alleging a complete breakdown in law and order under the leadership of Chief Minister Bhagwant Mann. «The law and order situation has completely collapsed in Punjab under the @BhagwantMann-led @AamAadmiParty govt.
10.11 / 07:43
Target Digital Strategy Experts beautiful reports recommendations Jefferies turns white knight for Mamaearth, screams buy with Rs 520 target
Honasa Consumer, which runs Mamaearth and other brands, today fell up to 15% but recovered after global brokerage firm Jefferies issued a report initiating coverage on the beauty and personal care products company. After falling 15% to the day's low at Rs 256.10 in the morning session, Mamaearth shares rallied up to around 4% to Rs 313.50 at noon. «Honasa should report industry-leading growth at 27% over the next 3 years. We value at 6x Sep-25 EV/sales (at a discount to HPC peers; implies 67x FY26 PE) to arrive at a price target of Rs 520,» Jefferies said, while calling it a high conviction buy. Led by founder-couple Varun and Ghazal Alagh, Honasa has prioritised growth over profitability, which Jefferies said is the correct strategy.
10.11 / 07:23
Provident Cooper Manufacturing Bill information reports ED attaches assets worth Rs 24.95 cr of Hero Moto’s Pawan Munjal in money laundering probe
Enforcement Directorate has attached three immovable properties worth Rs 24.95 crore of Hero MotoCorp executive chairperson Pawan Kant Munjal attached as part of money laundering probe, the federal agency said on Friday. The ED said that the total value of seizure and attachments now stands approximately at Rs 50 crore. «The prosecution complaint alleges that foreign currency/foreign exchange equivalent to Rs 54 crore was illegally taken out of India,» the ED said. A First Information Report (FIR) was filed in October on a complaint alleging forgery, falsification of accounts, criminal conspiracy, and cheating by certain officials of Hero MotoCorp. The FIR named Pawan Munjal, and Hero MotoCorp executives Vikram Kasbekar and Hari Gupta. However, the company said in a statement on the exchanges that this case is an old matter and pertained to the year 2009-10 with a disgruntled service provider, Brains Logistics, a former vendor of Hero Honda Company, alleged that the accused colluded to and committed “the illegal acts of forgery, cheating and falsifying the books…and manufactured fake month-wise bills”. These bills, totalling Rs 5.95 crore for 2009 and 2010 were debited to the complainant, it alleged. Separately, in August this year, the ED had conducted searches on Munjal and some others as part of an investigation into an alleged money laundering case. The searches were carried out at the residential and business premises of Munjal in Delhi and Gurgaon, and some linked entities. In a statement, the company had at the time said, “Officials from the Enforcement Directorate (ED) today visited two of our offices in Delhi and Gurugram and the residence of our executive chairman Dr Pawan Munjal.
10.11 / 06:51
Target Aviat Extreme Airlines social reports travelers Canada tightens Air India security after threat video by Khalistani extremist Gurpatwant Pannun circulates
Khalistani leader Pannun's Air India Threat: Delhi, Punjab airports bar visitors "We are asking the Sikh people not to fly via Air India. From November 19, there will be a global blockade. Air India won't be allowed to operate.
10.11 / 06:51
Digital CEO prevention ED attaches properties worth ₹24 cr of Hero MotoCorp CEO Pawan Munjal
₹24.95 crore of Pawan Munjal, CMD of Hero MotoCorp, in Delhi. The probe agency attached three immovable properties located in the national capital under the provisions of the Prevention of Money Laundering Act, 2002 belonging to Munjal. According to a press statement by the anti-money laundering agency, ED officials initiated the investigation on the basis of a "Prosecution Complaint filed by Directorate of Revenue Intelligence (DRI) u/s 135 of the Customs Act, 1962 against P K Munjal, Chairman and CMD of M/s Hero Motocorp and others for taking foreign exchange/currency out of India illegally".
10.11 / 04:37
Citi Provident Airlines country cover travelers InterGlobe's air taxi service to cover 90-minute trips in 7 minutes: All you need to know
IndiGo is gearing up to launch an electrifying air taxi service. India's leading airline is set to offer a cost-competitive solution. It will solve the perennial problem of urban traffic congestion.
10.11 / 04:37
FIVE Booking Platform Experts performer reports Tata Capital shares surge in unlisted markets; valued as the 3rd biggest NBFC after Bajaj Twins
₹400 to ₹425 in the unlisted market, a report by Economic Times stated. The company, now valued at ₹1.5 lakh crore on the platform for unlisted stocks, is the third biggest non-bank lender by market capitalisation - just after the Bajaj twins, it highlighted. Bajaj Finance currently has a market capitalisation of ₹4.47 lakh crore, whereas Bajaj Finserv and Jio Financial Services command market capitalisations of ₹2.53 lakh crore and ₹1.37 lakh crore, respectively, added ET report.
10.11 / 02:27
Citi Action show stage Delhi NCR sees sudden change in weather, receives light rain
Delhi NCR received light rainfall on the intervening night of Thursday and Friday, bringing a much-needed respite from the increased air pollution in the national capital. The visuals from the Kartavya Path and the Delhi-Noida border showed light to moderate-intensity rain showers. The rainfall in the national capital comes amid the Delhi government's ongoing efforts to implement the idea of 'artificial rain' to curtail the pollution situation in the city. On Thursday, the Delhi government decided to carry out 'artificial rain' to combat the air pollution in the city, said officials. Meanwhile, the Delhi government has also fielded ministers to ensure the implementation of anti-pollution measures. As part of the inspection process, several Delhi ministers were seen on Thursday inspecting different areas and borders connecting Delhi to neighbouring states. Currently, Stage IV of the Graded Response Action Plan (GRAP) has been implemented in the national capital after the city's air quality plummeted to the 'severe plus' category.
10.11 / 02:27
Citi Waters Bill Celebrity country reports View: India's choking Diwali smoke billows from a failed farm policy
India’s festival of light. Delhi is one of the world’s most polluted cities at the best of times, but in the days leading up to Sunday's Diwali festival the gloom is deepening.
10.11 / 01:15
Citi Updates Delhi, NCR Air Pollution LIVE Updates: Light rainfall in capital city, AQI still in 'severe' category
Stay tuned for Delhi, NCR Air Pollution LIVE News Updates.As the national capital continues to struggle with the problem of air pollution, the Aam Admi Party-led Delhi government decided to field Delhi ministers to ensure the implementation of anti-pollution measures.As part of the inspection process, several Delhi ministers were seen on Thursday inspecting different areas and borders connecting Delhi to neighbouring states.Several parts of Delhi NCR received light rainfall on the intervening night of Thursday and Friday, bringing a much-needed respite from the increased air pollution in the national capital.
10.11 / 01:15
Ball WhatsApp Instagram cover social stars South Africa vs Afghanistan, ICC World Cup 2023 match today: When, where and how to watch; live-streaming details
Modi Stadium Ahmedabad. South Africa vs Afghanistan Ahmedabad ODI is a day-night match and will start at 2 PM. It would be the 9th match of both the teams in the ICC ODI World Cup 2023.
09.11 / 19:11
Citi Waters ICE Experts cover information recommendations Delhi govt ready to bear cost of artificial rain to combat pollution: Officials
artificial rain to combat hazardous air pollution in the city and directed the chief secretary to present the government's views before the Supreme Court on Friday, officials said. If the Centre supports the decision, the Delhi government can arrange for the first phase of artificial rain in the city by November 20, they said on Thursday. «In a significant development, the Delhi government has decided to bear the cost of artificial rain that could be made to happen by November 20 if the Centre extends its support to the Delhi government,» said a senior government functionary. «The chief secretary has been directed to inform the Supreme court that the Delhi government has in principle agreed, based on the advice of an IIT-Kanpur team, to bear the cost of Phase 1 and Phase 2 pilots (totalling Rs 13 Crore) for carrying out artificial rain,» he said. The Arvind Kejriwal government plans to induce artificial rain through cloud seeding technology to combat air pollution in Delhi, Environment Minister Gopal Rai said on Wednesday after meeting the IIT-Kanpur team. The IIT-Kanpur team claimed that successful trials of artificial rain have been carried out in Kanpur, resulting in success in six out of seven attempts.
09.11 / 19:05
information Engineering schools cut minimum salary threshold to lure recruiters
₹12 lakh, but last month we reduced it to ₹9 lakh. This has helped us get more companies to the campus," said the placement head of a third-generation Indian Institute of Technology (IIT) who did not want to be named. The IIT so far has seen a highest offer of ₹48 lakh offered to its students, but a big chunk of the batch remains without a job.
09.11 / 17:45
Booking CEO Experts travelers How tax deductions make education loans attractive
₹50 lakh for his studies. Mehra had a rich stock portfolio, besides a property in Delhi-NCR that he could have sold off to pay for his studies. “I opted for an education loan because I felt that my corpus would fetch me returns that would negate what I had to pay as the interest on the education loan," says Mehra, who is now co-founder and CEO of GyanDhan, an education financing marketplace.
09.11 / 17:45
Citi Twitter Celebrity track social travelers patient Traffic Delhi traffic police issues advisory ahead of Diwali and Dhanteras
In its advisory, Delhi Traffic Police said that areas nearby key market areas of the Delhi will remain crowded on 10th and 12th November. To avoid long traffic jams, people were advised to use public transport and avoid public vehicles. In its notice, Delhi Traffic police had asked motorists and car owners were asked to remain patient while driving.
09.11 / 15:49
Experts information recommendations prevention Stubble burning major contributor to Delhi’s deteriorating air quality: CAQM
₹3,333 crore under the Crop Residue Management (CRM) scheme, of which ₹1,531 crore was released to Punjab and ₹1,006 crore to Haryana. Nearly 1.20 lakh seeder machines are available under the CRM Scheme in Punjab and 76,000 in Haryana. Optimum utilization of these machines could have prevented stubble burning to such a large extent.
09.11 / 15:49
Citi BURST hospital reports guidelines Time Mumbai Diwali 2023: From Mumbai, Ludhiana to Delhi here's list of cities with limited time window for bursting of crackers
TOI report around 80 licenses for selling crackers have been revoked. Permission to sell and burn green crackers will only be given if air quality on AQI index is registered below'200' level which seems unlikely in the current situation when air quality is over 400 mark. Gurugram district administration on September 28 issued an order imposing a ban on production, sale and storage of all types of firecrackers.
09.11 / 15:49
Citi show country cover social stars cricket Legends League Cricket trophy: Railways minister shares Vande Bharat journey video along Jonty Rhodes, Syed Kirmani
Railways Ashwini Vaishnav Thursday took to social media X (formerly known as Twitter) to share a video of him along with Jonty Rhodes, Syed Kirmani and Monty Panesar as they embarked on their tour to promote the spirit of sportsacross the country on the Vande Bharat Express. Taking to X the Railways minister wrote, “Legendary passenger experience on India’s fastest train. #LegendsLeagueCricket Trophy tour leaves Bhopal on Vande Bharat to cover 50 cities in 17 states." The video shows cricketers Monty Panesar, Syed Kirmani, Jonty Rhodes along with Union Minister Vaishnaw at Rani Kamlapati Railway Station.
09.11 / 15:49
Strategy beautiful Aditi Arya: Miss India winner and Yale MBA grad, Uday Kotak's daughter-in-law is beauty with brains
all you need to know about the young couple. -Son of business tycoon Uday Kotak, Jay Kotak is currently heading Kotak 811, a fintech incubated within the company. -He had previously worked with McKinsey and Goldman Sachs.
09.11 / 13:45
Provident FIVE Waters ICE country information testing Mint Explainer: Why cloud seeding is easy to propose but hard to implement
paper, "an experiment on artificial stimulation of rain using a warm cloud seeding technique was undertaken in three nearby climatologically similar regions, Delhi, Agra and Jaipur in northwest India". Many countries now use this technology, including India and China, but implementation is easier said than done. It has certain limitations, not to mention a likely adverse impact on the environment.

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