City Kolkata Financial News

₹38 lakh by a woman, whom he met on a matrimonial site. The fraudster enticed him to invest in a cryptocurrency called deuncoin, and was asked for various other charges, police said.

Bandhan Bank has acquired 12 offices spread across two floors in a commercial tower in Mumbai’s business district Bandra-Kurla Complex (BKC) on an outright basis for more than Rs 135.64 crore. The bank has picked up these commercial offices in INS Tower in BKC from four different sellers — Suraksha Realty, Neostone Developers, Orbit Enterprises, and Veera Associates. The bank has picked up the new office space as part of its growth and expansion strategy. It is expected to use this new space, which is nearly four times bigger than the current office in BKC’s Platina tower, as its Mumbai corporate office.

The company filed its draft red herring prospectus (DRHP) with market regulator Sebi last year.

Lok Sabha privileges committee summoned Chief Secretary BP Gopalika, DGP Rajeev Kumar and other officials, a six member BJP’s Fact-Finding team, comprising two Union Ministers and four MPs, were stopped at Rampur, on their way to Sandeshkhali on Friday. The Committee urged the police to allow them but the area was barricaded and cordoned off. The team said they will meet Governor CV Ananda Bose in Kolkata today and complain to him on the issue. Apart from DGP Kumar and Gopalika, North 24 Parganas DM, Basirhat SP and additional SP have also been summoned for «oral evidence» in Delhi on Monday, based on a complaint of police brutality which led to Bengal BJP president Sukanta Majumdar injuries in Taki “What else can the state government do? The government wants to suppress the fact and so they stopped us. We have come here to give justice to the people,” Union Minister of States (MoS)-Education Annapurna Devi said.

Gujarat police have seized Rs 5,956 crore drugs and arrested 48 foreign nationals involved in drug trafficking during the last two years, the state government informed in the assembly on Wednesday. During a heated debate in the assembly over the issue of drugs, Gujarat Minister of State for Home Harsh Sanghavi asked the opposition Congress to stop doing politics on the matter. The minister also questioned Congress' intention to only mention the Adani Group-run Mundra port in Kutch where central agencies in 2021 seized 3,000 kilograms of heroin valued at Rs 20,000 crore from two containers imported from Afghanistan. During the question hour, Congress MLA Geniben Thakor sought to know if the state government wants to arrest those handling operations at the Mundra port in view of the seizure of large quantities of drugs in 2021.

Warehousing & Logistics recorded absorption of 37.8 million sq ft, 21% higher, compared to the previous year. Absorption has been on the rise since 2021, increasing gradually year over year. Despite dried-up investments in 2023, absorption surpassed pre-pandemic level of 2019 by 15%. The sector received investments worth USD 646 million in 2023, accounting for 15% of the total institutional investment received in the real estate sector. However, investments declined by 65% in 2023 over the previous year as investors opted for wait-and-watch mode amid global macroeconomic uncertainty. In the past decade, 3PL companies emerged as a preferred choice for several businesses as these companies can optimize cost along with providing flexibility to their clients in case of demand uncertainty.

banks. The RBI communicates its holiday schedule through official channels like its website and notifications to banks and financial institutions. 14 February: Basanta Panchami/Saraswati Puja (Shree Panchami) (Banks will remain closed in Agartala, Bhubaneswar, Kolkata) 15 February: Lui-Ngai-Ni (Banks will remain closed in Imphal) 18 February: Sunday 19 February: Chhatrapati Shivaji Maharaj Jayanti (Banks will remain closed in Belapur, Mumbai, Nagpur) 20 February: Banks will remain closed in Aizawl, Itanagar, due to State Day/Statehood Day 24 February: Second Saturday 25 February: Sunday 26 February: Nyokum (Banks will remain closed in Itanagar) Vasant Panchami highlights the incoming of spring.

Indian Statistical Institute for collaboration in multiple research activities, which will be carried out under the cyber-physical systems (CPS) umbrella for three years. The two have set up a virtual interdisciplinary research centre to foster both fundamental and applied research in sustainable and trustworthy cyber-physical systems with immediate impact in deploying AI and CPS in the Indian ecosystem, a statement said.

₹453.4 crore and declared distribution of ₹208.56 crore for the December quarter. The distribution comprises ₹97 crore at ₹2.21 per unit in the form of interest payment on shareholder loan, Non-Convertible Debentures (NCDs) and Compulsory Convertible Debentures (CCDs), ₹108.89 crore at ₹2.48 per unit in the form of repayment of Special Purpose Vehicles (SPV) debt and NCD and the balance ₹2.63 crore at ₹0.06 per unit in the form of interest on fixed deposit.

Mumbai-Ahmedabad train corridor also known as 'Bullet train.' Captioning it “Stay tuned for #BulletTrain in Modi 3.0!", Vaishnaw's post ahead of the upcoming elections, seemed like yet another poll promise in the Indian railways, if Prime Minister Narendra Modi and his cabinet is voted back to power for a third straight term, in the upcoming 2024 Lok Sabha Elections. The Mumbai-Ahmedabad corridor has been making steady progress since work began in November 2021.

The Indian Express and The Times of India. He was nominated as a Rajya Sabha MP by the BJP from Uttar Pradesh in 1998 and remained in the Upper House till 2010. He was minister of communications and information technology in the Atal Bihari Vajpayee government.

Md Nadimul Haque, Mamata Bala Thakur, and Sagarika Ghose. The Rajya Sabha Polls are scheduled to ne held on 27 February. Amongst all, TMC's surprise nomination of journalist Sagarika Ghose seemed to have caught attention.

West Bengal Governor CV Ananda Bose on Monday morning, arrived in Sandeshkali, after cutting short his visit in Kerala and reached Kolkata earlier today. Trinamool Congress supporters held placards and black flags in protest against Bose as his convoy arrived in Sandeshkhali in North 24 Parganas district. «I was in Kerala organising a week-long Bengal festival there, to showcase the best that is there in this cultural heritage of this great land. When I heard the shocking and shattering tale of the incidents that took place in Sandeshkhali, I cancelled my program there. I am going to Sandeshkhali to see for myself what is the real Sandesh...» Bose told on his arrival at Kolkata airport.

₹1.6 lakh worth of smartphone with support for 2 5G SIM cards. “I think my phone was stolen from home. I last saw the phone around 11:30 am on January 19.

British empire — while the audience wonders whether some free snacks and free books could be finagled at the end of it. Quite often, they fail. Having attended three literature festivals this year back-to-back, I've concluded that it is possible to have a wonderful time once you've avoided crowds chasing unlikely heartthrob Sudha Murty and English thesaurus on the cheap Shashi Tharoor, the former actually requiring a bodyguard to protect her from demanding schoolchildren and college students (and one Narayana Murthy fan). This is the first time I've seen a children's book author requiring a bodyguard. The first festival I went to this season was in Bangalore. And it was around a swimming pool. (Whyever not?). Apart from literature, there was a lot of startup wisdom, as expected in Nilekani City. What's very zeitgeist in India now is someone whose startup has made a few hundred crores, has a podcast, and is a mid-30s philosopher, holding forth on everything from the number of steps a day necessary to how FDs will ruin you, to the toxicity in tonic.

Hindu devotees to pray in the southern cellar of the Gyanvapi mosque, Trinamool Congress leader Siddiqullah Chowdhury asked the Hindu worshippers to vacate the mosque premises immediately. He also warned Uttar Pradesh Chief Minister Yogi Adityanath that if he comes to West Bengal, he will not be allowed to go out, according to a report published by India Today. The TMC leader was speaking at a Jamiat Ulema-e-Hind rally in Kolkata demanding a ban on the 'puja' in the Gyanvapi mosque.

Crisil. “However, egg prices increased moderately by 4% on-year while the variation on-month is reported to be a 2% decline in January. Egg prices are typically regulated in the entire country by National Egg Coordination Committee and, hence, tend to show lower volatility," Sharma added.

The Congress leader was speaking at a talk show at the Kolkata International Book Fair. According to the report, he said that while relations with Maldives at present are not good, that with Sri Lanka was not too bad, while that with Bangladesh is pretty good. "Relations with Pakistan are in bad shape, Nepal is more and more subject to Chinese influence and Chinese influence is also increasing in Bhutan," Tharoor said while talking about India's position vis-a-vis smaller countries in the periphery.

RBI governor Raghuram Rajan on Friday said India needs to focus more on education and healthcare to become a developed economy by 2047. He highlighted the fact that India has maintained an average growth rate of six per cent over the past 25 years, which is no easy feat for any country. Rajan emphasised the need for governance reforms, as well as a focus on education and healthcare, to build a strong foundation.

Republic Day 2024: From Armed forces to Delhi Police, women steal the show “First time all-women contingent March at the Indian Republic Day parade!! Fills with so much pride," a user wrote. “Dominance of women contingent on Kartavya Path," an X user wrote. One user wrote, “This is real India".

Narendra Modi's address to first-time voters on the occasion of National Voters Day across the state. He said the broadcast was impeded despite having “valid permissions". Malviya shared a video clip on social media, purportedly showing the police stopping the screening of PM Modi's live interaction with first-time voters in North Kolkata.