City Jaipur Financial News

Bengaluru, a controversy erupted on Friday over the alleged transportation of dog meat. Police seized 90 insulated boxes containing 2,700kg of meat that had arrived by train from Jaipur. Activists gathered at the railway station, protesting the supposed transportation of dog meat. However, officials clarified that the packages contained chevon (goat meat).

NGMA, National Gallery of Modern Art, at Jaipur House off Delhi's India Gate gol chakkar, is a sanctuary. From heat, hubbub, and humanity.

Air India Express, a subsidiary of Tata owned Air India on Thursday announced that it has expanded its network to Tripura. It will introduce daily direct flights connecting Agartala to Guwahati, Delhi and Kolkata from September 1, said the airline in a press release. Tripura will be the airline’s 46th destination.

Air India Express continued its network expansion, connecting Bengaluru to Abu Dhabi with its first direct international service from India's IT capital on Tuesday, officials said. With over 200 weekly flights, Bengaluru is the largest station for Air India Express, they said. In a statement, the airline said, «With the launch of the Bengaluru-Abu Dhabi flight, guests from cities such as Ayodhya, Bagdogra, Bhubaneswar, Chennai, Goa, Guwahati, Gwalior, Hyderabad, Indore, Jaipur, Kolkata, Lucknow, Pune, Ranchi, Varanasi, and Visakhapatnam now have the option to connect conveniently to Abu Dhabi through one-stop itineraries via Bengaluru.» Air India Express operates direct flights connecting Abu Dhabi to Bengaluru, Kannur, Kochi, Kozhikode, Mangaluru, Mumbai, Thiruvananthapuram, and Tiruchirappalli and connects 17 Indian cities to Abu Dhabi via convenient one-stop itineraries, it added.

Jaipur Greater Municipal Corporation Mayor Somya Gurjar said that only those who have a commercial license will get the license for a meat shop, and it will have to be indicated whether it is Jhatka or Halal so that no one's public sentiments are hurt. Mayor Somya Gurjar said, «In the recent Executive Committee meeting, a proposal was passed unanimously by all our members that it is mandatory for the meat shops operating in Jaipur Greater Municipal Corporation to have a commercial license, only those who have a commercial license will get the license for a meat shop. It will also have to be indicated whether it is Jhatka or Halal so that no one's public sentiments are hurt, no one has any kind of confusion.» She further said that there should be clarity among people whether the meat is Jhatka or Halal.

Much of north India has witnessed an intense heatwave in recent weeks, with several heatstroke-related deaths being reported. Monsoon rains could not have arrived any sooner. The effects of air pollution and climate change on human health are profound and increasingly palpable.

Hum Saath Saath Hain. “Growing up, I never had any ambition to pursue entrepreneurship. One didn’t even know what such a life entailed.

Lucknow, Jaipur and Thiruvananthapuram as their headquarters. The Department of Military Affairs (DMA) under Chief of Defence Staff Gen Anil Chauhan, who is responsible for raising the theatre commands, is now focusing their energy towards implementing over 150 points to enhance integration among the three services and make ready for the multi-domain warfare of the future. On July 2, Prime Minister Modi had stated in Parliament that the creation of theatre commands was on track and modernisation of armed forces was in full swing.

Karni Sena in Rajasthan's Jaipur escalated into a violent altercation on Friday. The altercation broke out between Shiv Singh Shekhawat, national president of the Rashtriya Karni Sena, and Mahipal Singh Makrana, the leader of Rajput Karni Sena, at Chitrakoot area, police said. The confrontation reportedly involved an assault, with Makrana alleging that he was attacked with the butt of a gun, they said. According to officials, Makrana was allegedly attacked with the butt of a gun by Shekhawat's gunman. Both factions have accused each other of firing, but there has been no confirmation of a shootout.

gems and jewellery industry plays an important role in Rajasthan's economic progress and the state is working on to promote the sector and ensure ease of doing business for entrepreneurs, Chief Minister Bhajanlal Sharma said on Friday. Sharma said that the share of gems and jewellery in the total exports from the state reached Rs 11,183 crore in 2023-24. Gems and jewellery businessmen are making a significant contribution to the economic progress of the state and the sector is a major job creator, the chief minister said at the inauguration of jewellery show JAS-2024 being organised by the Jewellery Association here. He further said that Jaipur is famous for gems and jewellery on the world stage and the state government is continuously working to promote this industry and make business easier for entrepreneurs.

Ashiana Housing Ltd, a leading real estate developer in India, has announced the successful launch of Phase III of its premium residential project, Ashiana Ekansh, situated in Jaipur’s burgeoning Mansarovar Extension area. The launch garnered remarkable traction, with a significant 92 out of 112 units sold on the first day, translating to impressive sales of Rs 82 crore.

GST fraud orchestrated across the country. Babar Khan, police said, allegedly floated fake firms based on stolen or forged ID cards to fraudulently avail input tax credit. On June 1 last year, Noida police claimed to have busted a gang suspected of orchestrating the GST fraud. The operation involved registering thousands of companies under stolen or fake identities and utilising these firms to generate e-way bills and obtain input tax credit from the govt. With the arrest of Khan, 47 people have been picked up in connection with the scam. They include residents of Delhi, Noida, Ghaziabad, Sirsa, Jaipur, Chhindwara and so on.

The examination scheduled to be held on June 23 will now be rescheduled, with a new date to be announced soon.

Flipkart's established supply chain network, with a focus on delivering electronics, groceries, and other essential items swiftly. Despite the lack of an official announcement from the company, the buzz around Flipkart Minutes signifies a renewed attempt following two prior, less successful efforts in quick commerce.Previously, Flipkart's attempt with 'Flipkart Quick,' which promised 90-minute delivery, failed to gain the expected traction.

Zoomcar Holdings on Thursday said it has partnered with Air India Express to allow customers to book self-drive cars directly from the airport on the airline's mobile app as well as the website in 19 cities. The collaboration also caters to the customer with varying requirements, leveraging the extensive fleet options and ensuring ample space for baggage carried through Air India Express's add-on packs such as carry-on-Xtra, international connecting baggage, and special equipment, Zoomcar said in a statement. This collaboration will offer the customer access to self-driven car rentals in Bengaluru, Bhubaneswar, Chennai, Delhi, Goa, Guwahati, Hyderabad, Indore, Jaipur, Kolkata, Kochi, Lucknow, Mangaluru, Madurai, Mumbai, Pune, Tiruchirappalli, Vijayawada and Visakhapatnam, it said. «We're focused on providing improved and personalised travel experiences for our guests at Zoomcar, and our partnership with Air India Express is another stepping stone towards this goal.

WestBridge Capital divested on Wednesday a 1.7 per cent stake in the AU Small Finance Bank for Rs 845 crore through an open market transaction. WestBridge Capital, through its affiliate Westbridge AIF I, sold shares of the Jaipur-based AU Small Finance Bank through a bulk deal on the National Stock Exchange (NSE). As per data available, Westbridge AIF I offloaded 1.30 crore shares, amounting to a 1.75 per cent stake in AU Small Finance Bank.

ice cream brand Go Zero has raised $1.5 million from existing investors DSG Consumer Partners, Saama Capital and V3 Investors. The funds will be used to boost growth in the quick commerce and ecommerce sectors, as well as to expand operations into tier-I cities like Jaipur, Chandigarh, and Ahmedabad.

TPG Capital has emerged the lead contender for about 60% of Michigan-based digital services company Altimetrik, said people aware of the development. Altimetrik, owned by Indian American entrepreneur Raj Vattikuti, is being valued at $1.5 billion (₹12,500 crore), they said. TPG's Asia investment platform TPG Capital Asia has signed an exclusivity agreement with the promoters, said the people cited. Jefferies is advising the promoter.

petrol prices above Rs 100 a litre and diesel to Rs 89, but rates are lower than neighbouring Andhra Pradesh which has the costliest fuel in the country, oil industry data showed. The Karnataka government on June 15 hiked local VAT (value added tax) from 25.92 per cent to 29.84 per cent on petrol and from 14.3 per cent to 18.4 per cent on diesel. This led to petrol price now costing Rs 102.86 per litre in Bengaluru and diesel coming for Rs 88.94 a litre. But the rates in Karnataka are still lower than neighbouring Andhra Pradesh and Maharashtra.

income in the past year, and 32% of elderly individuals or their spouses had an annual income of less than Rs 50,000. Only 29% of elderly people had access to social security schemes such as old-age pensions, contributory pensions, or provident funds. Nearly 65% of elderly individuals said they were not financially secure with their current income and access to savings and investments. These findings are part of a report released by the voluntary organisation HelpAge India on the eve of World Elder Abuse Awareness Day, observed on June 15. Regarding health, more than half of the elderly (52%) reported facing at least one challenge related to daily living activities, and 54% suffered from two or more non-communicable diseases.

CBI conducted searches at 14 locations on Friday after registering an FIR into the alleged Rs 5717-crore bank fraud by Chhattisgarh-based SKS Power Generation Ltd, officials said. In its FIR, registered on the orders of Allahabad High Court, the CBI has alleged that company promoted by SKS Ispat and Power Ltd. (SKSIPL) had availed Rs 6,170 crore loan from State Bank of India (SBI), L&T Infrastructure Finance Limited, PTC India Finance Limited, and State Bank of Bikaner and Jaipur which resulted in the default of Rs 5717 crore, they said. The CBI has booked Anil Mahabir Gupta, Director of SKS Power Generation (Chhattisgarh) Ltd, Anish Anil Gupta, Director of SKS Ispat and Power Limited, Mumbai and 26 others including two officers of State Bank of India, they said.