City Pune Financial News

ALSO READ: Pune Porsche crash news: Police reveal how blood sample was tamperedThe BMW belongs to the teenager’s father.According to the police, Subham Mitalia was arrested and a case has been registered against the teenage boy and his father.Inspired by social media reels, the teenager persuaded his father to buy a second-hand BMW car that cost around ₹5 lakh.The BMW car is registered in the name of the minor’s father, who is a government official, reported NDTV. “The case has been registered against the official for allowing his underage son to drive without a driving license," said a police official.ALSO READ: Pune Porsche crash case: Two doctors from Sassoon General Hospital arrestedThe BMW video surfaced on the social media amid the ongoing controversy around a shocking accident involving a Porsche Taycan Turbo S being driven by a 17-year-old boy and resulting in killing of two people in Pune.Two IT professionals, identified as Ashwini Koshta and Aneesh Awadhia, both from Madhya Pradesh, were killed in the accident that took place in Pune's Kalyani Nagar on May 19.On May 23, the Juvenile Justice Board (JJB) cancelled the bail of the teenager accused of mowing down the biker and the pillion rider.

doctors from Sasson Hospital in the luxury car accident case where two motorcycle-borne persons were killed earlier this week in Pune city. As per the police, the doctors have been arrested on the charge of manipulating blood samples. The minor accused was taken to the hospital for a medical check-up on the day of the accident on May 19.

culpable since they apparently allowed their underage son to drive their car, a Porsche, knowing full well that he did not have a driving licence as he wasn’t yet eligible for one. Sure, we live in an age where parents have less and less influence over their progeny, especially once they reach their teens. But that does not absolve them of responsibility.

In India, the real estate sector is witnessing rapid growth, and retail is emerging as a critical component of this expansion. Among various retail formats, high street retail is gaining significant traction, reshaping city landscapes and enhancing local economies. High street retail refers to premium shopping areas typically located in the heart of cities. These bustling streets are characterized by a mix of luxury boutiques, flagship stores of renowned brands, restaurants, cafes, and entertainment venues. Unlike enclosed malls, high street retail spaces offer an open-air shopping experience, often integrated with the city’s cultural and historical fabric.

Generative AI (GenAI) represents a new age of human productivity and scientific discovery, says Bryan Harris, executive vice-president & chief technology officer (CTO), SAS. In this interview, he talks to Sudhir Chowdhary about some of the major trends in data and AI space, and the strategic role of the firm’s Pune R&D facility in the overall scheme of things.

New supply of affordable homes — priced up to Rs60 lakh each — declined 38% across eight major cities to 33,420 units during January-March this year, with builders focusing on developing luxury flats, according to PropEquity. Real estate data analytic firm PropEquity attributed the fall in new supply to sharp rise in land and construction costs, which has made development of affordable housing projects less profitable or unviable. According to PropEquity data, the fresh supply of such homes was 33,420 units during January-March 2024 across top eight cities against 53,818 in the year-ago period.

Prafulla Dhariwal, a significant contributor to OpenAI's GPT-4 project, has been lauded by CEO Sam Altman. Altman’s tweet emphasized Prafulla's crucial role: «GPT-4 would not have happened without the vision, talent, conviction, and determination of @prafdhar over a long period. That (along with the work of many others) led to what I hope will turn out to be a revolution in how we use computers.» Early Life and Education Prafulla's mother, Alka Dhariwal, proudly recounts his milestones. Prafulla, who was a standout student and head boy in Pune, maintained a balance between his academic and personal interests. His teachers and friends remember him as approachable, disciplined, and always willing to share his knowledge. Despite his exceptional intelligence and victories in quizzes and international Olympiads, he loved playing cricket and watching the night sky.

Indian airports, calling it a “bottleneck" for passengers.In a post on X (formerly Twitter), Kapoor wrote, “Airport entry queues and ID/ticket checks - India is the only major country I am aware of that requires this. I wonder if there is a way forward that does not require this bottleneck."He further mentioned that DigiYatra, an application which helps facilitate a smooth and paperless air-travel experience, is only for tech-savvy air travellers.

grandfather of the 17-year-old teenager who crashed his Porsche car into a motorbike killing two persons has been arrested for 'wrongful confinement' of the family driver, said an official on Saturday.

Top Events this week: This week was marked by significant events across various sectors. In Pune, a tragic car crash involving a juvenile driver led to the arrest of his father, while a bus accident on the Ambala-Delhi National Highway claimed seven lives. Legal troubles arose in Delhi as Chief Minister Arvind Kejriwal’s personal secretary faced judicial custody.

Nutanix sees its India growth rate outpacing its projected global metrics for Annual Recurring Revenue (ARR) and profitability, CEO Rajiv Ramaswami told ET in an exclusive interaction on the sidelines of the company's annual .NEXT conference being held here.

Top news of the day: On 24 May, a series of events are set to take place right from politics to business. Flipkart said that it will be adding internet major Google as a minority investor. Hindalco reported a 32% year-on-year jump in its consolidated net profit to ₹3,174 crore for the quarter ended March.

₹15,800 crore) in India last year, according to a NielsenIQ report. A quick search for #whitening on social media, especially on YouTube and Instagram, will result in thousands of videos offering DIY solutions (even pills). And dermatologists say that there are many who won’t hesitate to shell out a small fortune for fair skin.

ALSO READ: Pune Porsche crash: Teen's grandfather, linked to Chhota Rajan in Shiv Sena leader's murder bid, questioned by police"We are investigating these things and will take action against those who made such attempts, under section 201 (destruction of evidence) of the IPC," Kumar was quoted by news agency PTI as saying."It is true that at the start the driver had said that he was driving the car...We are investigating this part also under whose pressure the driver made that statement we are investigating it," the Pune Commissioner of Police said.What we know so far:1. Lapses: The Pune Police chief said an internal inquiry has pointed to lapses on the part of some cops while registering the case, and action will be taken against them.2. 'Minor was driving car': Police said police are investigating and collection evidence to support its argument that the accused teen was driving the car."During our investigation, it clearly emerged that the juvenile was driving the car, and we have already collected all the necessary chronological evidence.

Mint in an interview, on the sidelines of the inauguration of the Range Rover House in Alibuag, Maharashtra, the first experiential centre of the brand in India.A new assembly line for the Range Rover and Range Rover Sport will be set up in Tata Motors' manufacturing facility in Pune, Maharashtra, with a production capacity of 10,000 units annually in two shifts. The move is expected to reduce prices by a significant 18%-22%, while still keeping them in the ₹1.5 crore and above category, said Rajan Amba, Managing Director and CEO of Jaguar Land Rover India."(W)e believe customers who were hesitant will make that leap, and it should add to the growth in Range Rover and Range Rover Sport," said Amba.“This is the first time that these flagship brands are coming out of Sollihul (in the UK) are being made anywhere else.

Pune Porsche crash accused ends today, May 25, Friday. The three accused — Naman Pralhad Bhutda, the owner of Cosie restaurant, its manager Sachin Katkar, and the manager of Blak Club Hotel Sandip Sangle — were remanded on Tuesday in the car accident case allegedly involving a 17-year-boy that claimed the lives of two persons. Police on Thursday questioned the teen's grandfather and friend regarding the horrific car hit-and-run incident.

Top Events on May 24: India is all set to witness various political, legal, sports, and entertainment events including PM Modi's elections rallies in Punjab and Himachal Pradesh, Mayawati's poll campaign in Punjab, voter numbers case hearing in Supreme Court, Pune Porsche crash case, cyclone Remal alert, and others today, Friday. Take a look at the top events of the day below, - Prime Minister Narendra Modi will address Lok Sabha election rallies in Punjab's Gurdaspur and Jalandhar constituencies today.

Chhota Rajan in 2009 to kill undivided Shiv Sena's Ajay Bhosale.The grandfather had stood surety for granting bail to the 17-year-old, who was accused of driving under the influence of alcohol. The grandfather had also assured JJB that the minor would mend his ways.According to Hindustan Times, the grandfather had started the family's construction business and sought that Ajay Bhosale intervene in a property dispute that arose between the teen's grandfather and his sibling.

ANI.1. On May 19, the Porsche car, which was driven by the juvenile, killed two motorbike riders, named Anish Awadhiya and Ashwini Koshta. Both were IT professionals and were residents of Madhya Pradesh.2.

inmates at the remand home will attend classes from 11 am until 1 pm and rest from 1 pm to 4 pm.The report, citing sources, stated that after rest, the inmates will be served snacks followed by an hour of TV. Afterward, the inmates are scheduled to play either football or volleyball for two hours.

Also Read: Union Budget and the path forward for Indian RailwaysThe platform maintenance work will last nearly a fortnight and will result in the cancellation of many trains operating between Pune and Mumbai.Also Read: Buddha Purnima 2024: From banks to offices, what's open and what's closedAccording to an HT report, the Pune-Mumbai-Pune Pragati Express will stand cancelled from May 28 to June 2. Meanwhile, Pune Mumbai Intercity Express will be cancelled from May 31 to June 2.