City Kolkata Financial News

₹5,000 crore, it's the Bollywood angle that has set tongues wagging. Chandrakar used to be a humble juice vendor in Bhilai, Chhattisgarh. He is now said to be in his early twenties.

Enforcement Directorate seized assets worth Rs 417 crore in alleged criminal proceeds from locations linked to betting app Mahadev. The agency raided locations in Kolkata, Bhopal, Mumbai and other cities in connection with the app. Here's what we know so far about the operations of the app: Started by Sourabh Chandrakar and Ravi Uppal, who are natives of Chhattisgarh's Bhilai, the app is an extension of the duo's activities as small-time bookies.

visa interviews in India, the US consulate in Frankfurt has set aside specific interview appointments for Indian applicants. According to the State Department's website, the wait times for B1/B2 visa interview appointments in India have reached staggering durations, with 441 days in Hyderabad, 486 days in Chennai, 526 days in Delhi, 571 days in Mumbai, and 607 days in Kolkata. In stark contrast, the wait time in Frankfurt is a mere three days. To alleviate the backlog and cater to the increasing demand, Indians were granted the option to apply for visas at US consulates outside India, such as in Bangkok. Over the past year, various measures have been implemented to reduce the extensive waiting period, which had peaked at nearly three years last winter. Despite these efforts, applicants have encountered issues with a new scheduling portal for non-immigrant visa interviews in India. A US embassy official has told TOI that attempts are being made to resolve these issues «as quickly as possible». During recent discussions between the US embassy and Indian authorities, three key issues were addressed: visa wait times, technical problems with the scheduling portal, and concerns related to student visas.

₹58,674.00 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,724, and a low of ₹58,673. Around 9.30 a.m., MCX Gold for October 5 delivery traded 0.17 per cent higher at ₹58689 per 10 grams.

Ganguly said his latest flick 'Palan' was a tribute to legendary filmmaker Mrinal Sen on his birth centenary. Speaking to PTI, Ganguly said he regrets that he could make the film when Sen is no more. The film is based on Sen's 1982 classic 'Kharij', which won a Jury Prize at the Cannes Film Festival, besides three National Awards.

Beijing House of Fashion isn't imposing a stitchdown on what aunties and uncles here consider to be 'too revealing' clothes that may be straying too far from the sanskari catalogue. In China, changes are being sought to be made in the law that could fine and detain people found wearing clothes that 'hurt the nation's feelings'. How the National People's Congress' Standing Committee that is seeking the ban intends to identify clothes 'detrimental to the spirit of the Chinese nation' is yet to be elaborated.

Florintree, a growth-stage private equity firm, has bought a significant stake in Videonetics, the Kolkata-based video computing platform company, said a company statement. The financial investors, GenNext Ventures Fund, and US-based global investor exited through this transaction. According to sources, Florintree has invested about Rs115 crore in Videonetics. Founded in 2008 by Tinku Acharya, Videonetics has recently expanded offshore with operations in Singapore to cater to the Southeast Asian markets. " Videonetics is poised to become a dominant player in the global arena and add significant value to the marketplace.

Cement prices have been raised for the second time this month in eastern parts of India while remaining steady in central, northern and southern parts of the country, dealers said. Prices were increased 3-10% earlier this month across regions, spurred by weak monsoon rains in August which helped prop up demand even in the seasonally weak September quarter. Cement prices are now at record highs in the Kolkata region, at around Rs 410 per bag, while touching a pan-India high of Rs 435 per bag in Odisha, Nomura Financial said in a note. With the price hikes earlier this week, the region has seen prices rise more than a fifth since August. In Mumbai, company prices are at about Rs 420 a bag, but traders are offering discounts of Rs 10-15 per bag, said a city-based dealer, who did not wish to be identified.

₹58,550 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,557, and a low of ₹58,527. Around 9.30 a.m., MCX Gold for October 5 delivery traded 0.10 per cent lower at ₹58534 per 10 grams.

Mamata Banerjee was asked by Sri Lanka's President Ranil Wickremesinghe if she would be leading the Opposition INDIA bloc, upon a chance meeting at Dubai Airport. CM Banerjee who met Wickremesinghe at the Dubai airport was also amused by the question. The Trinamool Congress (TMC) Supremo who has embarked on a tour to Dubai and Spain, replied to President Wickremesinghe, “If people support us, we can be in a position (power) tomorrow".

Abhishek Banerjee, a Member of Parliament from the Trinamool Congress and the party's national general secretary, made an appearance today before the Enforcement Directorate (ED) for questioning in connection with an ongoing investigation into an alleged school jobs scam in West Bengal, according to officials. Banerjee arrived at the ED office in Kolkata at approximately 11:30 AM.

double-decker buses will forever go off roads from September 15, while the open-deck buses will be pulled out on October 5," the spokesperson said as quoted by PTI. Following this, commuter groups and bus enthusiasts have urged BEST to preserve at least two of these iconic vehicles at its Anik depot-based museum and have written to the Maharashtra CM, tourism minister, and the BEST administration. Harshad Joshi, a bus enthusiast said, “As the new double-decker e-buses are air-conditioned, we will miss sitting in the front in the old buses and traveling with the breeze from the open windows on our faces." “In 1964, trams disappeared from the city roads forever.

₹58,550 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,556, and a low of ₹58,533. Around 9.20 a.m., MCX Gold for October 5 delivery traded 0.15 per cent lower at ₹58540 per 10 grams. Silver price today opened at ₹71,750 per kg on MCX and went on to hit an intraday high of ₹71,750, and a low of ₹71,380.

Reliance Retail Ltd, said. Prasad, however, did not share the timeline of the stores expansion plan. In July 2022, Reliance had signed long-term partnership agreement with Gap Inc., to launch the American fashion brand in India.

₹12-15 lakh for his services over a two-month period. According to a report in The Indian Express, around 100 messages were exchanged between Stimac and Sharma between May and June 2022. The Indian team had played around 4 matches during this period against the likes of Cambodia, Afghanistan, Hong Kong and Jordan.

Enforcement Directorate (ED) office in Kolkata as she was summoned in a case involving her role as a director in a suspicious financial entity accused of defrauding senior citizens by falsely promising affordable residential flats, amounting to crores of rupees. The Enforcement Directorate (ED) summoned Nusrat to its office in the CGO Complex at Salt Lake on Tuesday for questioning on her connection with the said entity 7 Sense Infrastructure Private Ltd.

upcoming Cricket World Cup 2023 has been building up for some time. Fans across India are hoping that ‘conservative’ India can lift the trophy after 12 years on home soil. India triumphed over Sri Lanka in the 2011 Cricket World Cup.

NEW DELHI : Hotel management company Hyatt Hotels, which operates brands like Hyatt Regency and Alila Diwa, is looking to expand its presence from the existing 43 properties to 50 by the end of the year, and up to 100 over the next five years, Sunjae Sharma, managing director, India and Southwest Asia, Hyatt India Consultancy Pvt. Ltd, said. Last year, the company opened nine hotel properties, and it will add 10 more to achieve its target of 10,000 rooms in India, he said.

New Delhi: Air India on Monday said that it has deployed specially trained service assurance officers at 16 major Indian airports to offer on-ground assistance, aimed at elevating airport experience by providing personalised and hassle-free on-ground services to Air India to its passengers. “Flying is a wonderful experience, and we want our guests to enjoy it in the most seamless ways possible.

SAMHI Hotels will open on Thursday, September 14, for subscription and closes on Monday, September 18. The public issue of face value of Rs 1 per equity share comprises a fresh issuance of equity shares worth Rs 1200 crore and an Offer for Sale (OFS) of up to 13.50 million equity shares. SAMHI Hotels has fixed the price band at Rs 119 to Rs 126 per equity share for its maiden public offer. Investors can bid for a minimum of 119 equity shares and in multiples of 119 equity shares thereafter. Ahead of the IPO, Madhuri Madhsudan Kela, along with Nuvama Crossover Opportunities Fund and TIMF Holdings have picked up stake in Gurugram-based SAMHI for a total consideration of Rs 130 crore from Blue Chandra Pte Ltd. As per disclosures made by SAMHI last week, selling shareholder, Blue Chandra Pte.

The state Congress president also wondered whether there was “any other reason” for the Trinamool Congress chief to take part in the programme.