City Kolkata Financial News

Palette. The company said it has curated a range of 'upscale' resorts and hotels for travellers seeking a 'premium experience' at competitive prices.

India (CAG) has ordered a pan-India audit of disability features in government buildings constructed or retro-fitted over the last one year. The buildings come under the purview of the government's primary construction arm — Central Public Works Department.

BJP women MPs from New Delhi visited violence affected districts of West Bengal on Tuesday to gauge poll-violence and atrocities against women during Panchayat polls. The team, appointed by BJP National President J P Nadda, visited North 24 Parganas district's Deganga and is scheduled to visit South 24 Parganas' Baruipur today and spoke to the women victims of violence. The team will submit a report to J P Nadda, following the visit.

OYO on Tuesday announced its foray into premium resorts and hotels category with the launch of its new brand -Palette with plans to have a total of 50 properties by second quarter of FY24. The company has started 10 Palette resorts as a pilot in Jaipur, Hyderabad, Digha, Mumbai, Chennai, Manesar and Bangalore.

India has made remarkable progress in its quest for a sustainable future, showcasing significant advancements in the field of green buildings. The country has emerged as a global leader in incorporating sustainable and eco-friendly practices into the real estate sector, demonstrating a strong commitment to energy-efficiency and environmentally-conscious materials. The green building revolution in India has been further bolstered by proactive government policies and initiatives.

litigation funding and analytics firm Fightright Technologies is set to launch the generative AI-based chatbot ‘LawGeek’. The Kolkata-based firm is launching this chatbot under the BharatKanoon which will provide users with foundational direction for their legal queries.

ICRA. The incremental absorption is estimated to remain at around 39 million sq ft, the level witnessed in 2022-23. Nearly 52% of the expected supply addition across these primary markets including Mumbai, National Capital Region, Pune, Chennai, Bengaluru, Kolkata, Hyderabad, and Ahmedabad will be in grade A category.

BJP President Sukanta Majumdar said on Sunday. The party is evaluating Panchayat election results in Kolkata today where national observers Amit Malviya, Sanjay Bansal and Asha Lakra were present. «The Trinamool government may fall in 5-6 months.

semiconductor chips continues to impact the issue of chip-baseddriver’s licences and automobile registration cards, to the frustration of new vehicle owners. During most of 2022 and the beginning of 2023, disruption in the supply chain and the Russia-Ukraine war caused a shortage of chips that meant that smart drivers’ license were not issued, said Pethi Sarguru, CEO of Versatile Card Technology( VCT) one of the largest manufacturers of smart cards used for PAN cards and voter IDs. Tenders for manufacture of these smart documents are yet to be floated in multiple states, said several persons aware of the situation.

Amit Shah is likely to visit Bengal in August even as violence continued in West Bengal following Panchayat polls. BJP State President Sukanta Majumdar said in Kolkata on Saturday after returning from New Delhi following a meeting with Shah, said, «The Union Home Minister will visit Bengal in August. Shah is keeping an eye on Bengal's situation in the state. He is taking all measures to prevent loss of lives following Panchayat polls and taking necessary measures in this regard. »It is a matter of relief that the Central forces will stay in Bengal days after the polls which will help to curb the troubled situation," Majumdar said. Violence still continues even seven days after Panchayat polls. The BJP State President said that he has given all data regarding death of people in connection with pre-poll, poll-day and post-poll violence in Bengal. «I have given a list of all deceased, including Trinamool Congress,» Majumdar said.

Eastern Army Commander Lt Gen R P Kalita said on Saturday. The decision to organise Durand Cup matches in the region for the second consecutive year is an indication of stabilisation of the security scene, said Lt Gen Kalita, the General Officer Commanding-in-Chief, Eastern Command. «With security situation having stabilised in major parts of the northeast, particularly Assam, it definitely encourages organisers to hold such events here and it is a motivation for the youths of the area also,» he said, talking to reporters on the sidelines of unveiling of Durand Cup trophies.

Mamata Banerjee will not be attending an opposition dinner on July 17 as she has to follow post-surgery protocols, but will be part of the daylong meeting of the parties on July 18, sources in her Trinamool Congress (TMC) said on Saturday. Banerjee underwent a microsurgery on her left knee at the state-run SSKM hospital in Kolkata on Thursday. The TMC chief suffered a ligament injury on her left knee during the emergency landing of her helicopter at the Sevoke Airbase in north Bengal on June 27.

After being selected for the upcoming Hangzhou Asian Games in China, Indian batter Rinku Singh was over the moon. The team, which would be led by Ruturaj Gaikwad, will not have senior players as they would be busy preparing for the upcoming ODI World Cup.

Hindustan Times, the focus of PM Modi was to marry India's talent and workers with the high-end technology of France to produce platforms for the time to come. Despite the media's exclusive attention on 26 Rafale M fighter jets and three Scorpene submarines, the two leaders reached an agreement to construct compact diesel-powered attack submarines for nations in the Indo-Pacific region that face aggression from China.

Narendra Modi's visit to France, New Delhi, and Paris signed an MoU to fabricate submarine and surface combatants and parts in Mumbai and Kolkata respectively for export. The move will boost PM Modi’s “Make in India" initiative as Mazagon Dockyards Limited will jointly develop and manufacture Scorpene class submarines with French Naval Group for a third country. In addition to this, a Memorandum of Understanding (MoU) was also signed between Garden Reach Shipbuilders and Engineers Ltd.

TMC youth wing leaders Kuntal Ghosh and Santanu Banerjee and another person have been attached in connection with a money laundering probe into the alleged West Bengal school teachers' recruitment scam, the ED said on Friday. The attached properties are in the form of bank accounts, shares, mutual funds, residential flats and land, the agency said in a statement.

State Election Commission (SEC) has announced repolling in 20 Panchayat Constituencies today. But, the date of re-polling is yet to be announced. Constituencies which will undergo re polling as per the SEC notification are 15 in Howrah’s Sankrail, one in Singur and four in North 24 Parganas district’s Habra. In order to investigate the violence during panchayat polls, a five-member Fact Finding team went to Raj Bhawan to meet Governor C V Anand today and visited South 24 Parganas district’s Basanti to met the victims of poll violence. Governor and Chief Secretary H K Dwivedi held separate meetings with senior BSF officials today to discuss the ongoing situation in the state. In order to curb violence, it was decided that there will be three nodal officers in every district-Police Superintendent, District Magistrate and a BSF Nodal officer. Following BSF’s decision to keep one nodal officer in every district, BSF will soon share the numbers of the nodal officers in each district.

Rajbanshi vote bank ahead of 2024 Lok Sabha polls, BJP has nominated Ananta Rai Maharaj, the head of the Greater Cooch Behar Peoples’ Association (CGPA) movement, for its Rajya Sabha seat from West Bengal. Ananta Rai Maharaj today filed nomination in the presence of BJP State President Sukanta Majumdar and other saffron party MLAs at state assembly in Kolkata. After filing his nomination at the state assembly, Ananta Rai Maharaj said, “I am proud that I have been given the opportunity to go to the Rajya Sabha.

₹111.71 per kg on Wednesday. The maximum increase in retail price was ₹203 per kg in Bathinda, Punjab while the minimum rate was ₹34 per kg in Bidar in Karnataka. Among the metros, retail price of tomato quoted highest in Delhi at ₹150 per kg, followed by Mumbai at ₹137 per kg, Kolkata at ₹137 per kg and Chennai at ₹123 per kg on Wednesday.

Hinduja family has sounded out global credit funds to raise up to $1 billion (about ₹8,200 crore) to finance the potential acquisition of Reliance Capital for which it is the favored bidder after lenders to the insolvent financial services company approved Hinduja's resolution plan, sources familiar with the matter told ET.Farallon Capital, Oaktree, Ares Asia and Cerberus are among the funds that have been tapped in recent weeks to discuss the modalities of the proposed arrangement if the Hindujas were to get requisite court approvals for their bid, sources said. The financing could be backed by shares of Reliance Capital's life and general insurance arms, and the credit funds are likely to seek assurances from the Hinduja Group that such an arrangement will have the consent of the insurance regulator.Timeline Could Vary from 3-6 Mths However, timeline for closing such a financing could vary from 3-6 months depending on how quickly legal hurdles toward completing the acquisition are crossed.

A contractual employee working with the Finance Ministry has been arrested for leaking confidential data. According to the police a case has been registered against the Ghaziabad resident for allegedly possessing and passing on official secrets to a contact in lieu of money. He was arrested around 7 pm on Monday following a tip off and has since been charged under the Official Secrets Act and the IT Act.