City Pune Financial News
01.06 / 11:29
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Pune Porsche case: Ajit Pawar defends NCP MLA Sunil Tingre, says he is ready for inquiry - 5 key developments
Also Read: Pune Porsche crash: Mother of minor accused arrested over tampering blood sample.After the arrest of Dr Ajay Taware, then head of the department of forensic medicine at Sassoon General Hospital, a 2023 letter from Tingre had surfaced in which he recommended the doctor be given an additional charge of medical superintendent.Tware, along with Dr Shrihari Halnor and employee Atul Ghatkamble have been arrested for allegedly manipulating the minor’s blood samples to show that he was not drunk at the time of the accident.Dr Ajay Taware, then head of the department of forensic medicine at Sassoon General Hospital, medical officer Dr Shrihari Halnor and employee Atul Ghatkamble.Also Read: Porsche crash: Pune police to quiz minor after teen's friends confirm 'he was drunk'Ajit Pawar further added , "Our MLA Sunit Tingre held a press conference in this regard. He has high sugar and is unwell right now.
01.06 / 11:01
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Porsche crash case: Maharashtra CM Eknath Shinde has assured thorough probe, says deceased's MP-based father
Ashwini Koshta, who was killed in the incident, said here on Saturday. An officer on special duty sent by the Maharashtra government to Jabalpur facilitated the talk over phone with CM Shinde, Ashwini's father Suresh Koshta told PTI.
01.06 / 06:27
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Software
Porsche
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Pune car crash: Allegations against MLA Sunil Tingre baseless, says Ajit Pawar
allegations are being made against Pune MLA Sunil Tigre linking him to the Porsche crash that left two software engineers dead, Maharashtra Deputy Chief Minister Ajit Pawar said on Saturday. Tingres belongs to the Pawar-led Nationalist Congress Party (NCP) and represents the Vadgaon Sheri assembly constituency in Pune city.
01.06 / 04:11
Citi
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Pune Porsche crash: Mother of minor accused arrested over tampering blood sample. What we know so far
Porsche car accident following confirmation that his blood samples had been substituted with those of his mother, stated the city police chief on Saturday.As reported by PTI, Commissioner of Police Amitesh Kumar said the accident investigation has revealed that the juvenile's blood samples were replaced with those of his mother.Meanwhile, Police had told a local court two days ago that the blood samples of the juvenile were exchanged with those of a woman.Also Read: Porsche case: NCP MLA Sunil Tingre's role under Pune police scanner, CM Shinde breaks silence — 5 pointsIn the early hours of May 19, two IT professionals tragically lost their lives in Kalyani Nagar, Pune, when a Porsche, purportedly driven by an inebriated minor, collided with their two-wheeler.The 17-year-old minor has been remanded to an observation home, while his father, realtor Vishal Agarwal, and grandfather, Surendra Agarwal, have been apprehended.
01.06 / 03:17
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Pune Porsche car accident case: Police arrest accused juvenile's mother
Pune police on Saturday arrested the mother of the juvenile involved in the Porsche car accident case. This action follows confirmation that the blood samples of the juvenile were substituted with those of his mother, as stated by the city's police chief.
01.06 / 01:59
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On this day: Key events on June 1, from Operation Blue Star in 1984 to India's 1st deluxe train, Deccan Queen in 1930
Also Read: Viral video | Crocodile out on adventure: 10-foot gator tries climbing railing in UPIndian Army's Operation Blue Star began on June 1, 1984. The operation was carried out to remove Jarnail Singh Bhindranwale, who had taken shelter in the Harmandir Sahib Complex (Golden Temple) in Amritsar, Punjab. The operation, which was approved by Prime Minister Indira Gandhi, had a massive repercussion, leading to violent religious clashes.
31.05 / 16:05
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Porsche crash: Pune police to quiz minor after teen's friends confirm 'he was drunk' — Top 5 developments
1. The Pune Police had earlier written to the Juvenile Justice Board (JJB) seeking permission to probe the minor allegedly involved in the Porsche crash that left two techies dead.Police were granted permission to probe the minor for two hours on Saturday. According to the Juvenile Justice Act, the inquiry into a minor is to be conducted in the presence of parents.
31.05 / 14:31
UPS
BLOCK
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Platform
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Central Railway's 63-hr block: Mumbai's suburban services grind to a halt as 930 local trains cancelled
Commuters using Central Railway's suburban and long-distance services continue to face disruptions due to the ongoing mega block aimed at platform widening at Thane station. The block, which started on Friday midnight, has led to the cancellation of 72 Mail Express trains and 956 suburban train services from May 31 to June 2. Additionally, the routes of many trains have been changed for the duration of the block. The Maharashtra government on Friday permitted all public service vehicles in the Mumbai Metropolitan Region (MMR) to carry out stage carriage operations during the mega block, an official said. Changes in Train Services and Routes
30.05 / 10:09
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Porsche teen's mother may have given blood sample to be swapped with son's: Report
Shivani Agarwal's blood sample who was present at the hospital. According to a report in NDTV, police are now looking for the teenager's mother to investigate her role in the plan.Earlier, the Maharashtra Medical Education (MME) Department on Monday, May 27, formed the committee headed by Dr Pallavi Sapale, dean of Mumbai-based Grants Medical College, to probe the alleged manipulation of the blood samples of the teenager.Police sources said the panel, in its investigation, found that blood samples of a woman and two men were collected at the hospital.
30.05 / 10:09
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Prestige Estates set for tightrope walk
₹21,040 crore. The management’s confidence stems from a robust launch pipeline of 59.2 million square feet for FY25 with a potential gross development value of ₹59,100 crore. Notably, FY24 saw a high number of new launches and deliveries, which contributed 75% to pre-sales.
30.05 / 04:41
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Apollo Hospitals Q4 results today: What to expect
Apollo Hospitals is expected to post healthy growth in core earnings for the quarter ended March 2024 due to improved ARPOB (average revenue per occupied bed) and Healthco operations. The company will announce its results later today in the evening. Net profit for the fourth quarter is likely to grow up to 68% year-on-year, according to various analyst estimates, while net sales are expected to rise 13% year-on-year.
30.05 / 04:19
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Pune Porsche crash: Why an AI expert has been called in to digitally recreate the accident scene
Pune Police official announced that the crime branch unit will utilize AI-based software to digitally recreate the incident, providing a comprehensive view of the events leading up to the crash. A cyber expert will be tasked with designing the digital reconstruction, incorporating all relevant data such as vehicle movements, the number of people present, the speed of the Porsche, and additional critical factors. Given that the accused is a minor, he cannot be taken to the accident spot. So the reconstruction will rely heavily on forensic inputs and other indirect data sources instead of on-site re-enactment, a crime branch official told ANI.
30.05 / 04:03
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Q4 results today: Apollo Hospitals among 895 companies to announce earnings on Thursday
quarter results season is almost coming to a close, and as many as 895 companies will announce their earnings on Thursday. Among such a massive mix, investors will watch out for earnings from Apollo Hospitals, which is expected to post a healthy improvement in earnings. Other companies which will also announce their earnings include Muthoot Finance, Bharat Dynamics, Godrey Phillips, Swan Energy, TBO Tek, Authum Investment, Praj Industries, Rajesh Exports, Marksans Pharma and many more.
30.05 / 04:03
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Parke
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park
Park Hotels consolidated EBITDA margin for FY24 was 35% and is going to go up further: Vijay Dewan
Vijay Dewan, MD, Apeejay Surrendra Park Hotels, the overall consolidated EBITDA margin of the company for the year which has gone by has been at 35% and going forward with the steps which have been taken to improve efficiencies, this is going to improve upwards. There is a huge demand-supply mismatch in the market and the group is also upgrading the hotels. 10% of the inventory is going to be upgraded this year and higher average room rates are expected going forward. Q4 was a pretty strong quarter for you. But the question now is do you see similar growth trends continuing even from here? Also, tell us about your expansion plans. Vijay Dewan: During the year which is ahead of us, we are going to add about 238 rooms, out of which 52 rooms are going to be added in the palace category, the Ran Bass Palace by the Park at Patiala and the Chettinad Palace by the Park at Chettinad and additional hotels. And these palace hotels are high average room rate hotels and this is going to significantly drive our growth going forward.
29.05 / 00:49
markets
UPS
Manufacturing
security
electronic
Schools
Robotics company Difacto raises $4.8 million from Stakeboat Capital
Difacto Robotics and Automation has secured Rs 40 crore (about $4.8 million) from private equity firm Stakeboat Capital in its first financing round. Ajay Gopalswamy, founder and chief executive of the Bengaluru-headquartered company, told ET that the money will be used to expand across sectors such as cars, home appliances and electronics, as investment and volume in manufacturing go up.
28.05 / 17:51
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Porsche case: NCP MLA Sunil Tingre's role under Pune police scanner, CM Shinde breaks silence — 5 points
Hindustan Times reported. Ajay Taware was among Sassoon hospital employees who were arrested by the police on Monday for allegedly "manipulating" the blood samples of the minor accused in the Porsche accident case.Dr Ajay Taware, head of the state-run hospital's forensic medicine department, Chief Medical Officer (CMO) Dr Shrihari Halnor and staff member Atul Ghatkamble were arrested for allegedly throwing away the minor's blood samples, taken after the accident on May 19.They allegedly replaced the sample with the samples of another person's blood which had no traces of alcohol.
28.05 / 11:09
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Urbanisation led to 60% more night-time warming in Indian cities than non-urban areas: Study
night-time warming in over 140 prominent Indian cities compared to non-urban areas surrounding them, a new research from the Indian Institute of Technology Bhubaneswar has found. According to the research, Ahmedabad, Jaipur and Rajkot had the highest urban effect, while Delhi-NCR and Pune were found to be at the fourth and fifth position, respectively. Urbanisation is known to be responsible for the urban heat island (UHI) effect, in which the concrete and asphalt (used in constructing roads and pavements) surfaces store heat during the day and release it in the evening, thereby raising night-time temperatures. Over time, this heat further affects other aspects of climate, including rainfall and pollution, researchers said in the study published in the journal Nature Cities.
28.05 / 08:03
Citi
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students
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Colleges
Investigations
Pune: Two engineering students killed after truck hits them; driver held after escape bid
Pune city, police said on Tuesday.“The driver of the truck, after hitting the motorbike on Monday night, did not stop and tried to run away but was caught some distance away and arrested," they said.PTI reported that the incident occurred at approximately 10:30 pm on Monday in the Chandan Nagar area along the Pune-Ahmednagar road. Three students, all in their early 20s and enrolled at an engineering college in the area, were en route to the Pune railway station, as stated by the police.
27.05 / 18:23
UPS
Porsche
President
social
hospital
Investigations
Ajit Pawar, 2 NCP leaders face 'interference' allegations Pune porsche accident case
Ajit Pawar, one MLA and one state minister from his faction of the NCP are under fire over allegations that they «interfered» with the police case against the drunk minor son of a Pune builder who killed two people with his car on May 19. Ajit Pawar is alleged to have made a call to the Pune Police Commissioner to go «soft» on the minor son of Vishal Agarwal after his arrest for running his car over two people, killing them on the spot. Responding to the allegations, Ajit Pawar, who is also the Guardian Minister of Pune, did not deny making the call to the police commissioner but claimed that it was only to ensure that the police did not succumb to pressure as the son of a «rich person» was involved. «If any such incident happens and if you are the guardian minister, then one would call up the police commissioner. So, I told him (Pune Police commissioner) to not succumb to any pressure as a rich person's family was involved. There was a possibility of different kinds of pressure on police,» said Pawar.
27.05 / 12:51
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Pune brothers duped of over Rs 2 crore via WhatsApp in an online trading scam: Report
online trading scam that started on the instant messaging platform WhatsApp. The victims were lured to significant profits via online trading. One of the victims is a resident of Charholi Budruk and according to the FIR filed by him, the cybercriminals added the complainant to a WhatsApp group and told him that he could earn huge profits through online share trading. Later, they added his brother to the same WhatsApp group, a Times of India (ToI) report said.
27.05 / 12:51
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Pune car crash: Two doctors, staffer of Sassoon hospital remanded in police custody till May 30
Pune car crash: A court here on Monday remanded two doctors and an employee of Sassoon General Hospital arrested in connection with the Porsche crash in police custody till May 30. The police produced the three in the court of Judicial Magistrate First Class (Small Causes) A A Pande and sought their custody for 10 days. Earlier in the day, the police arrested Dr Ajay Taware, head of the state-run hospital's Forensic Medicine department and Dr Shrihari Halnor, the chief medical officer for alleged manipulation of blood samples and destruction of evidence in the case, an official had said. The third arrested person, Atul Ghatkamble, works under Dr Tawre.
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