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The combined distance of the two new lines will be 31.63 kilometres and they will be built by Maha Metro at a cost of Rs 9,897 crore, he said, adding there will be 28 stations in all. «The new lines are important for the overall development of Pune city and its transport. As the state government has given approval, I will follow it up with the Centre for final permissions,» Union minister and Pune Lok Sabha MP Murlidhar Mohol said.

Bombay High Court has declared ank of India’s decision to declare Pune Buildtech Pvt Ltd ‘fraud’ as null and void and also the inclusion of the realty firm’s name in any such list/communication blacklisting the company from availing of institutionalised credit as null and void. In another separate order, the court has also directed the lender to remove the company’s name from the list of ‘wilful defaulters’ and has also directed the bank to recall any information sent by it to any Credit Information Company declaring Pune Buildtech as wilful defaulters. “It is not in dispute that the entire settlement amount as mentioned in the Consent Terms (Rs 703.35 Crores) has been paid by the petitioners to Bank of India sometime in June 2024,” observed the division bench of Justice BP Colabawalla and Justice Somasekhar Sundaresan in its order of October 8. “Despite this, and after receiving the entire amount, we fail to understand how Bank of India could continue with the proceedings initiated for declaring the Petitioners as wilful defaulters after issuing a ‘No Dues Certificate’ to the petitioners (Pune Buildtech).”

Subscribe to enjoy similar stories. Gaurishankar Kalyani, the youngest brother of Baba Kalyani, chief of Bharat Forge, has contested a will left by their late mother Sulochana Kalyani in 2012. Gaurishankar questioned the validity of the 2012 will and also claimed that a more recent will - of December 2022 - makes him the major beneficiary of the family’s assets.

Biotech startup BioPrime has raised $6 million in a funding round led by Belgium-based Edaphon, with equal participation from existing investors Omnivore and Inflexor.

Swiggy has rolled out a 10-minute food delivery service Bolt, the company said Under Bolt, Swiggy is offering deliveries of a limited set of items from select restaurants that will be delivered within 10 to 15 minutes. «Ten years ago, Swiggy revolutionised food delivery by cutting average wait times to 30 minutes. Now, we’re reducing that wait even further for frequently ordered items like coffee, burgers, ice cream, and biryani, partnering with trusted restaurants to deliver the best food in just 10 minutes,» Rohit Kapoor, CEO, Swiggy Food Marketplace, said in a statement.

economic welfare corporation for the state's Jain community. It was also decided to set up financial development corporations for communities like Bari, Teli, Hindu Khatik, Lonari, which are part of the OBC segment, while grants of up to Rs 10 lakh will be given to cultural and educational institutions belonging to the Buddhist community. In the cabinet meeting chaired by Chief Minister Eknath Shinde, it was decided to waive non-agricultural tax on residential buildings outside gaothans, buildings for commercial and industrial use etc. The cabinet also approved a proposal by the tourism department to enhance the jail term and fine amount for those destroying ancient and historical sites. As per the proposal, the jail term could extend up to two years and the fine would be Rs 1 lakh.

Paradox Museum, an Athens-based interactive entertainment company, plans to invest €5 to 10 million in opening experiential centres in four to five locations across India over the next four to five years, according to a top company executive. Satish Yadav, managing director of Paradox Museum India, said each location will require an investment of €1 to 2 million. The museum offers an immersive experience through optical illusions, featuring 55 paradox-themed exhibits and 15 immersive rooms.

Symbiosis Medical College for Women, Pune, has recently gone viral, featuring female students enthusiastically celebrating the New Year with a dance party. The video, which has been widely shared on social media platforms, captures the students dancing to the hit song Bolo Ta Ra Ra. In the video, the students can be seen energetically performing to the iconic track Bolo Ta Ra Ra, which was part of Daler Mehndi's 1995 debut album. This song, still remembered as one of the biggest-selling non-film Indian pop albums, has evidently retained its charm among younger generations. The lively and carefree atmosphere at the party, combined with the energetic beats of the song, has resonated with many viewers online. One user commented, «This cuteness can't be ignored.» Another user wrote, «I need to improve more time to study in neet after this video.» The viral clip garnered over 4.4 million YouTube views.

Pune losing her life to work stress and burnout has once again raised concerns about India’s workplace culture. In the current employment landscape, where the hustle culture or “always available” attitude is promoted, employees are receiving the impression that the only way to succeed is to sacrifice their personal lives and disrupt their work-life balance. However, engaging in such a practice for a long period can lead to devastating consequences. While many organisations continue to claim that they have supportive policies for employees in place, it’s important to know what is the ground reality and what can be done to completely eliminate the possibility of such episodes.

Godrej Properties on Tuesday said its board has approved raising of up to Rs 6,000 crore through the issue of securities. In a regulatory filing, Godrej Properties informed that the board has approved the raising of funds for an aggregate amount not exceeding Rs 6,000 crore. The funds would be raised through the issuance of securities, including equity shares, debentures, preference shares and/or any other eligible securities. The fund raising could be in one or more tranches through public and/or private offerings including qualified institutions placement, rights issue, further public offer or any other mode as may be permitted under applicable laws and/or any combination thereof.

NCP (SP) chief Sharad Pawar on Sunday said the Maha Vikas Aghadi (MVA) will conclude its seat-sharing talks in 8 to 10 days for the upcoming Maharashtra assembly polls and asserted the opposition alliance has to strive to come to power in the state «at any cost». Targeting those who left his party, Pawar claimed not even a handful of them will win the state polls. Elections to the 288-member state assembly are likely to be held in mid-November, the NCP (SP) chief said addressing his party workers in Pune's Baramati town. Winnability will be the only merit for the selection of candidates, the former Union minister said, adding that in a coalition, adjustments and flexible approach are a must.

GE Aerospace plans to boost component sourcing from India as the aviation sector in the country expands. GE Aerospace already operates a manufacturing facility in Pune and the John F Welch Technology Centre in Bengaluru. The company currently partners with 13 major suppliers, including Tata Advanced Systems Ltd (TASL). Mahendra Nair, Group Vice President for Commercial Programs at GE Aerospace, mentioned the growing importance of India's role in their supply chain. Nair told PTI in an interview that, «We have got some very capable companies in India with the right engineering talent, the right production footprint and as long as they can meet the technical standards that we are looking for, it is only upside and it is going to grow.» Nair added, «India is a market that is going to grow and that makes sense for us to continue sourcing more from India.»

Narendra Modi on Sunday will lay the foundation stone, inaugurate, and dedicate various significant projects in Maharashtra, with a total investment exceeding Rs 11,200 crore, the Prime Minister's office said on Saturday. The event is scheduled to take place around 12:30 PM via video conferencing. Among the highlights of the event is the inauguration of the Pune Metro section, which spans from the District Court to Swargate. This marks a significant milestone as it completes the Pune Metro Rail Project (Phase-1).

Hardeep Singh Puri on Friday called to build consensus over bringing petrol, diesel under the Goods and Services Tax. While delivering a lecture on «Strategy and Measures for Enhancing India's Energy Security in the Coming Decade» at the Pune International Centre's (PIC) 14th Foundation Day lecture, he said, «I have heard a suggestion to bring petrol and diesel under GST, now petrol and diesel under GST is something that I have been advocating for a long period of time. Now I am very sure that my senior colleague, the finance minister, has also spoken about bringing fuel under GST on several occasions.» To enhance its energy security, India needs to focus on strategic petroleum reserves and prioritise exploration and production to reduce its heavy reliance on imported fuel.

manufacturing hub is fuelling warehousing demand from manufacturing-related sectors with multinationals setting up factories in the country. Demand from these sectors climbed to 25% of total domestic warehousing demand in the first half of calendar 2024 from 15% in 2019 led by factors like adoption of the China plus one strategy by multinationals and supportive Indian government policies such as the production linked incentive (PLI) scheme, which currently covers 14 sectors. During H1 2024, total leasing of warehousing space from manufacturing-related sectors reached 4.1 million sq ft, according to CBRE South Asia, a real estate consulting firm.

Krsnaa Diagnostics on Thursday said that it has acquired a 23.53% stake in Apulki Healthcare, that operates hospitals dedicated for cancer and cardiac care under public private partnership (PPP) mode. Pune-based Krsnaa didn't disclose the financial details of the acquisition, but said it would be funded through internal accruals over the next 2-3 months. As per the terms of the contract, the company will become the exclusive diagnostics partner for Apulkis cancer and cardiac hospitals for the next 30-plus years.

₹130 crore, which were developed domestically as part of the National Supercomputing Mission. These advanced systems have been deployed in Pune, Delhi, and Kolkata to support cutting-edge scientific research.During the launch event, Prime Minister Modi stated, "This is a significant day for India in the realms of science, technology, and research. India is placing a strong emphasis on science and technology.

Modi's visit to Maharashtra's Pune on Thursday has been cancelled due to heavy rainfall in the region. He was to visit the city to inaugurate the much-anticipated underground Metro corridor linking Civil Court to Swargate. He was also lay foundation stone for the extension of the metro line from Swargate to Katraj. Further, Modi lay the foundation stone for a memorial at Bhide Wada, the historic site where Mahatma Jyotiba Phule and Savitribai Phule established India's first school for girls. This initiative reflects the government's commitment to honoring significant milestones in India's educational history.

Residential sales across the top cities stabilized in July-Sep quarter with sales declining to 11%, according to Anarock data. About 1,07,060 units were sold in Q3 2024 against 1,20,290 units in Q3 2023. However, sales continued to outstrip new supply in Q3 2024, reflecting continued health in the market. “Among the top 7 cities, MMR recorded the highest sales of 36,190 units, followed by Pune with 19,050 units. Cumulatively, the two western cities accounted for 52% of the total sales across the top 7 cities in Q3 2024. All the top cities individually recorded a dip in housing sales,” said Anuj Puri, chairman, Anarock group.

Narendra Modi will visit Pune on Thursday, September 26, to inaugurate the underground Metro corridor connecting Civil Court to Swargate. This development is a significant step in the city's urban transport infrastructure. During the visit, PM Modi will also lay the foundation stone for the extension of the metro corridor from Swargate to Katraj, further boosting the metro network. Additionally, he will initiate several other important projects, including the much-anticipated memorial at Bhide Wada, the historic site where Mahatma Jyotiba Phule and Savitribai Phule established India's first school for girls.

Pune airport to Jagadguru Sant Tukaram Maharaj Airport. The decision was taken in a cabinet meeting and the proposal will be sent to the Centre. Minister of State for Civil Aviation and Cooperation, Murlidhar Mohol, while announcing the decision said, Jagadguru Sant Tukaram Maharaj was born in Lohgaon, where Pune International Airport is located. Not only this, Tukaram Maharaj spent his childhood in Lohgaon, so Lohgaon and Tukobarai have a close relationship, he wrote in a post on X. «Therefore, we have submitted this proposal to the state government along with the wishes of the villagers and all the warkari community in Maharashtra. Moreover, Tukobaraya contributed greatly to the propagation of Bhagwat Dharma through Varkari Sampradaya and gave a new thought to the society, which is relevant even today. Therefore, giving Tukobaraya's name to the International Insurance Association of Pune is a very joint feeling.»