City Delhi Financial News

16.11 / 14:11
markets Digital Booking Strategy Experts PAM Courts Delhi court grants bail to bizman in Rs 241 crore money laundering case
money laundering case linked to alleged duping of plot buyers, noting that the Enforcement Directorate (ED) arrested him in a «brazen manner» in «disregard» of Delhi High Court orders, adding that the approach needed to be «deprecated». Special Judge Gaurav Gupta granted relief to Rajesh Katyal, who was accused of duping innocent plot buyers of their hard-earned money. The judge noted the submissions made by senior advocates Vikas Pahwa and Geeta Luthra, appearing for the accused, that Delhi High Court directed status quo in the FIR, based on which the ED lodged its case, by an order passed on July 30, 2024. «Since FIR forms part of the predicate offence (based on which the ED lodged the present case), the ED ought to have abided by the said order. However, in a brazen manner and in disregard of orders passed by a Constitutional court, the ED proceeded to arrest the accused.
16.11 / 14:11
markets Citi Action Southern Experts PAM Traffic Traffic police in Delhi slaps fines totalling Rs 1 crore for violations after GRAP-3 invoked
Delhi Traffic Police has issued around 550 challans, imposing a total fine of over Rs one crore, to BS III petrol and BS IV diesel vehicles on Friday on the first day of the ban on these vehicles under the Graded Response Action Plan (GRAP) III in the national capital, officials said. According to police, they have also issued challans to 4,855 vehicles imposing a total of Rs 4.8 crore in fines for not having Pollution Under Control Certificates (PUCC) in the national capital on Friday. A fine of Rs 10,000 is imposed on motorists for not having a valid pollution under control (PUC) certificate. These challans get released from courts. Private BS III petrol and BS IV diesel vehicles were banned from roads with violations inviting a penalty of Rs 20,000. Diesel and petrol inter-state buses from the NCR cities to Delhi are also banned. A senior police officer said that they have issued a total of 293 challans for BS-III and BS-IV vehicles in the eastern, central and northern ranges of the city. A total of 2,404 challans have been issued for not having PUCC certificates.
16.11 / 13:07
markets FIVE Strategy Sustainability hospital Schools Investigations Memories of Vivek Vihar tragedy resurface with Jhansi hospital fire
Seema, a housewife who has been grieving for her twins lost in the blaze at the neonatal hospital, said that official apathy led to the incident. «I don't want to recall the incident in which I lost my two children. It was not the fault of just one person. It was the fault of the whole administration and there (Jhansi) also the same must have happened,» Seema said, adding such incidents will keep happening till it is rectified.
16.11 / 13:07
markets Digital Google Strategy Sustainability awards Delhi-NCR 6th most expensive office market in Asia Pacific with monthly rent of Rs 340/sq ft: Knight Frank
Knight Frank India. Real estate consultant Knight Frank, in its latest edition of the Asia-Pacific Prime Office Rental Index for Q3 (July-September) 2024, said Delhi-NCR is the 6th most expensive office space rental market across the APAC region. Hong Kong SAR continues to be APAC's most expensive office market during the third quarter of this calendar year. Prime rents in the NCR remained stable in Q3 2024, while Mumbai and Bengaluru saw year-on-year (YoY) increases of 5 per cent and 3 per cent, respectively, driven by strong demand from corporates and limited new supply.
16.11 / 12:11
markets Digital Strategy reports shock Features IPL 2025 auction: Will Rishabh Pant attract big bucks from teams in Saudi Arabia's Jeddah?
Rishabh Pant, one of India’s most explosive wicketkeeper-batters, was one of the shocking names that appeared in the list of players who were released by their franchises during the annual retention activity ahead of Indian Premiere League's mega auction event. The former DC skipper is expected to be the most expensive buy for the teams in Saudi Arabia as he a base price of Rs 2 crore set against him. The wicketkeeper who bounced back after life threatening accident became the face of Delhi Capitals (DC) over the last few years, clocking an impressive IPL record, scoring 3,284 runs in 111 matches at an average of 35.31, with a career-best of 128* and a commendable strike rate.
16.11 / 11:09
Google Sustainability show social reports Department Videos Shatabdi Express coach goes missing at Delhi station? Here's what went wrong
New Delhi Railway Station on Saturday after the Delhi-Amritsar Shatabdi Express failed to depart on time, even though its scheduled departure time of 7:20 am had passed. As per reports, the delay was caused by a logistical mistake: an entire coach, including an executive class compartment, was missing from the train. A video shared on X (formerly Twitter) showed large groups of passengers confronting Railway Police Force (RPF) personnel and other officials, seeking answers. Some passengers claimed they were told the delay was caused because an executive coach had not been attached to the train.
16.11 / 10:17
Discover Highways Experts social reports shock Investigations Woman's body found in abandoned red suitcase on Delhi-Lucknow Highway
Delhi-Lucknow Highway in Hapur district, Uttar Pradesh. The suitcase was discovered by commuters on the service road, leading to a swift response from the authorities. Upon unzipping the suitcase, police found the body of a woman, believed to be between 25 and 30 years old, with visible injury marks. Social media, particularly X (formerly Twitter), was flooded with images of the grisly discovery, sparking public shock and concern. As reported by NDTV, a police team, along with forensic experts, reached the scene promptly. The area was cordoned off while investigators examined the suitcase, which also contained a few articles of clothing.
16.11 / 08:23
markets Digital Sustainability Experts PAM social Courts Swati Maliwal assault case: Court seeks police's response on Bibhav Kumar's plea challenging cognizance taken against him
Tis Hazari Court on Saturday issued notice to Delhi police on Bibhav Kumar's revision petition challenging the cognizance of the charge sheet filed against him. His matter is pending before the Court. Additional Sessions Judge Abhishek Goyal issued a notice to Delhi Police and sought a response to the petition. The matter has been listed next month for a hearing. Advocates Manish Baidwan, and Rajat Bhardwaj along with Karan Sharma appeared for Bibhav Kumar. Advocate Manish Baidwan has moved the revision petition challenging the Cognizance.
16.11 / 02:27
UPS IPO SUN Election students Universities Vinod Khosla: Silicon Valley’s persistent provocateur
Subscribe to enjoy similar stories. One man who will be deeply disappointed with Donald Trump’s victorious run in the US presidential election will be Vinod Khosla. In the run-up to the elections, Khosla engaged in a bitter and public debate with Trump’s principal backer Elon Musk on the latter’s platform X, arguing that “No delusional person would be president, and this guy is certifiable with no values." For this, he invited abundant vitriol from Musk and criticism from a section of the Republican party which he had supported and voted for in the past before turning into an independent.
15.11 / 18:45
markets UPS Citi Digital Waters Sustainability Unite to fight noxious November
air purifiers (for those who can afford them), face masks and inhalers. Never in its long and storied history has Delhi and the current grand-sounding National Capital Region (NCR) felt quite so wretched and neglected as in the 21st century. Time was when emperors and mystics, conquerors and courtesans, poets and plebeians arrived and thrived in these very plains and Aravalli outcrops. Now it is permanently blighted by unrestrained 'development' activity and seasonally masked in thick pollutants as a consequence, with no recourse in sight. Most Delhiwallas have grown up hearing that the region is a sort of natural bowl, making it ideal for any sort of particulate matter, whether dust, sand, soot or pollutants, to hover indefinitely overhead unless pushed away by beneficial winds. That is why we GenXers resigned ourselves to spells of dusty skies, particularly during the pre-monsoon period. Winter brought fog but that was mostly water vapour, utterly unlike today's dust-and-chemical fug.
15.11 / 17:07
markets Digital Strategy Experts PAM track NCB seizes over 80 kg of cocaine, hunt against drug rackets to continue ruthlessly, says Shah
Narcotics Control Bureau (NCB) on Friday confiscated more than 80 kg of cocaine worth around Rs 900 crore in the national capital, Union Home Minister Amit Shah said and asserted that the government's hunt against drug rackets will continue «ruthlessly». The confiscation of the «high-grade» party drug came on a day a joint operation by the Narcotics Control Bureau (NCB), Navy and Gujarat ATS led to the recovery of about 700 kg of Methamphetamine off the Gujarat coast. This operation on the sea also saw the arrest of 8 Iranian nationals.
15.11 / 11:43
Parke Research wellness Experts International bowling Exploring the healing power of sound in a noisy world
Subscribe to enjoy similar stories. On a September evening, yoga mats share space with clothing and jewellery displays at Amala Earth’s store in Delhi. The conscious lifestyle marketplace hosts various events at its Vasant Vihar flagship, and the day’s fixture is a yin and sound bath session.
15.11 / 10:59
CAT film singer rapper Colleges Interviews Singer Badshah's CAT score will shock you. He is a maths Olympiad gold medalist and St Stephen's Delhi alumni and engineer from...
Punjabi rapper Badshah has belted out hit tracks like Kar Gayi Chull from Kapoor and Sons, Garmi from Street Dancer 3D, Naina from Crew, and Proper Patola from Namaste England. While he is an established musician in the industry, did you know that he is a National Olympiad gold medalist in Mathematics and holds a degree in engineering? Reportedly, the singer did not have a great time convincing his parents about his career choice. In an old interview, Badshah had once revealed that he was “ultimate” at Mathematics. He confessed that he was a National Olympiad gold medalist in the subject. In the same interview, he revealed that his CAT score was 98.25 per cent in DI (Data Interpretation) without any preparation. He further expressed his love for the subject and “problem solving”. Before diving into music, Badshah studied civil engineering and even worked as a civil engineer. Reflecting on that phase, he mentioned attending St. Stephen's College briefly before transferring to an engineering college. After graduating, he worked on construction sites, complete with a safety helmet, but realized it wasn't his passion. Eventually, music became his focus, and he never looked back.
15.11 / 08:37
markets Digital awards Experts PAM Courts Delhi HC refuses to interfere with arbitral award in favour of Jindal Saw
Delhi High Court has refused to interfere with an arbitral award, which directed GAIL to pay over USD 7 million to Jindal Saw Ltd. On October 29, a bench of Justices Visbhu Bakhru and Sachin Datta dismissed GAIL's appeal against a single judge's decision upholding the award, saying that it was «unmerited». The dispute in the matter pertained to delayed delivery of pipes by SAW Pipes Ltd, now Jindal Saw Ltd, to Gas Authority of India Ltd (GAIL). The Arbitral Tribunal, passed in December 2002 and then amended in March 2003, had held that GAIL was responsible for the delay by not taking the delivery of the goods and therefore allowed the claims filed by SAW Pipes Ltd.
15.11 / 00:09
markets Citi Aviat Airlines CAT Experts International CAT Scan: Navigating the smog of uncertainty
Officials of the ministry of aviation and directorate general of civil aviation (DGCA) will meet airline and airport execs on Monday to discuss the matter, people familiar with the matter said.
14.11 / 15:33
markets Digital Action Strategy Experts stage Schools Delhi pollution: CM Atishi orders online classes for primary schools
Delhi CM Atishi took to her X and said, «Due to rising pollution levels, all primary schools in Delhi will be shifting to online classes, until further directions.» Delhi’s air quality has rapidly deteriorated over the past few days, with readings crossing the 400 AQI mark in many areas.
14.11 / 15:33
Citi Provident Citizens Waters Action stage guidelines From public transport restrictions to online classes: What changes will Delhi see on Friday as GRAP 3 takes effect?
Graded Response Action Plan (GRAP) will be enforced starting at 8 AM on November 15. The decision, announced by the Commission for Air Quality Management (CAQM) on Thursday, comes as the city continues to face deteriorating air quality, with the pollution levels crossing into the «severe» category.
14.11 / 14:15
markets Google security Strategy Sustainability Election AAP’s Mahesh Khichi elected Delhi Mayor in narrow victory ahead of assembly polls
Mahesh Khichi of the Aam Aadmi Party (AAP) was elected as the new mayor of the national capital on Thursday, edging out BJP’s Kishan Lal by a razor-thin margin of just three votes. Khichi, a Dalit candidate, received 133 votes, while Lal secured 130 votes. Two votes were declared invalid during the process. The win marks a major boost for the ruling AAP ahead of the Delhi Assembly elections, scheduled for early next year. Khichi’s victory strengthens the party's position in the city’s political landscape, further consolidating AAP’s control over municipal affairs.
14.11 / 14:15
markets UPS security Strategy Trade country guidelines Two logistics firms selected to set up ecommerce export hubs on pilot basis around Delhi
Logistics aggregator Shiprocket and air cargo handling company Cargo Service Centre (CSC) have been selected by the government on a pilot basis to set up ecommerce export hubs in the country, a senior official said on Thursday. The ecommerce export hubs (EECH) will come in and around Delhi airport and begin operations in February next year, Director General of Foreign Trade Santosh Kumar Sarangi told reporters here. While Shiprocket is headquartered in Gurugram, the CSC is Mumbai-based.
14.11 / 12:07
markets Platform Action Strategy Experts reports Department Four men allegedly molest bride in train; miscreants beat husband with belts when he tried to stop them
Even after the couple alighted at Aligarh railway junction, the harassment continued. The miscreants beat her husband with belts when he tried to stop them, said ToI's report further. The woman’s desperate cries for help eventually caught the attention of people on the platform, leading to a police alert. However, she claimed that instead of taking immediate action against the attackers, the Government Railway Police (GRP) initially detained her husband. This led to protests by the couple’s relatives, who arrived at the station. Following the uproar, the GRP released the husband and filed a case at the Aligarh GRP police station against the assailants.

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