City Pune Financial News

17.01 / 08:27
markets IPO Manufacturing Platform Food reports testing Qualitek Labs IPO: Issue price set at ₹100 per share; check key dates, lot size and other details
₹100 per equity share with a face value of ₹10. The initial public offering (IPO) will open for subscription on January 18 (Thursday) and close on January 22 (Monday). Through the issue, the company aims to raise ₹19.64 crore via the issuance of 19.64 lakh fresh equity shares.
17.01 / 07:00
Citi Metro wellness film Actor show fun Want to watch 12th Fail in theatres? Vidhu Vinod Chopra’s movie still screening in multiplexes even after OTT release
most-watched film of 2023 on Disney+ Hotstar. Many wondered why they missed watching the movie in theatres. They argued that such an inspiring movie deserved more box office success.
16.01 / 12:09
UPS Bank of Maharashtra Q3 results: Profit jumps 34% to ₹1,036 crore
₹1,036 crore in the third quarter ended December 31, 2023. In the same quarter a year ago, the bank had recorded a net profit of ₹775 crore. In a regulatory filing, Bank of Maharashtra said that its total income rose to ₹5,851 crore during the December quarter against ₹4,770 crore in the same period last fiscal year.
15.01 / 19:37
markets UPS FIVE country hospital International Mumbai Hotel cos see room for growth in Navi Mumbai
Navi Mumbai, driven by transformative infrastructure projects such as the Mumbai Trans Harbour Link (MTHL) and the forthcoming international airport. The hospitality market is witnessing a surge in investments in the region, with Navi Mumbai, Panvel and Khopoli emerging as the prime locations for investors, said hotel industry executives and transaction advisory firms. Most of the leading hospitality brands are either looking to step up their presence or are entering the region. American hotel operator Radisson Hotel Group that currently has one property, Country Inn & Suites by Radisson at Turbhe in Navi Mumbai, recently signed up for a 100-room hotel in Khopoli and has another one of similar size coming up soon. The MHTL, which opened to the public on Saturday, is set to decongest Mumbai by improving connectivity between the island city and mainland and promoting the development of Navi Mumbai region. This significant infrastructure link spans a length of about 21.8 km.
15.01 / 14:39
markets UPS Provident Cooper Healthcare International Aster to disburse major portion of GCC sale money as dividend
₹110 to ₹120 per share." Last year, the company announced that its subsidiary would sell its stake in Aster DM Healthcare FZC to Alpha GCC for $1.01 billion, which it will use to fund its growth. “One of the reasons for the segregation of the India and GCC business was for the company to exit the GCC region…Having exited the GCC market after a long and thought-through process involving multiple advisors, the company has no intention to re-enter the same GCC market to expand its business," the company added in a statement.
15.01 / 12:23
markets Manufacturing CEO Assurant Hyundai consequences Headlines Hyundai Motor plans second plant in India, commits Rs 7000 crore investment in Maharashtra
Hyundai Motor is set to invest a substantial amount of Rs 7,000 crore to revamp its recently acquired second plant in India. The automotive giant successfully acquired the dormant factory from General Motors Co., marking a significant development in the Indian automotive landscape. The investment agreement is poised to be officially signed at the annual World Economic Forum summit in Davos, Switzerland.
14.01 / 17:23
markets COST Citi Manufacturing Platform Mobile Sustainability Yulu eyes debt funding; to expand into new geographies
₹25 crore debt from Northern Arc Capital. Launched in 2017, Amit Gupta along with R. K.
13.01 / 11:35
UPS Provident Election President reports No dispute in INDIA bloc over convenor's post: Sharad Pawar; says no need to project any face
Sharad Pawar on Saturday asserted that there was no dispute among the INDIA bloc members over appointing its convenor, but said there was no need to project any face for the upcoming Lok Sabha polls as the leader can be chosen once the results are declared. He said that during a virtual meeting of INDIA bloc leaders held on Saturday, Bihar Chief Minister Nitish Kumar's name was suggested for the post of convenor, but the latter was of the view that a team of party chiefs should be formed and that there is no need to appoint a convenor.
13.01 / 03:05
Racing film Actor show audience stars Merry Christmas Box Office Collection Day 1: Katrina Kaif starrer records dull numbers on release day, mints ₹2.55 cr
₹2.55 crore net in India on its first day for all languages. The movie on its first day witnessed an occupancy of 11.56 percent in the Hindi language with morning shows saw 6.81 percent occupancy, afternoon shows at 8.98 percent, evening shows at 12.14 percent, and night shows at 18.31 percent occupancy, according to Sacnilk.com. For the ‘Merry Christmas’ movie, Chennai recorded the highest occupancy, that is, 58.67 percent in the theatres, followed by Hyderabad at 45.67 percent, Bengaluru at 35.25 percent, Pune at 14.25 percent, Mumbai at 12.75 percent, and Delhi at 8.50 percent.
12.01 / 18:37
Progressive Align show country beautiful travelers International Mumbai Atal Setu, India's longest sea bridge, gets inaugurated in Mumbai; watch night visuals
ANI shows drone visuals of the bridge, adorned with beautiful lighting, extending over the Thane Creek in the Arabian Sea. Spanning 21.8 km, the Mumbai Trans Harbour Link, officially named Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, is a six-lane bridge comprising a 16.5 km stretch over the sea and an additional 5.5 km on the land. ALSO READ: Maharashtra gets Atal Setu, PM Modi takes part in 'bhajan': 10 highlights of PM's visit today “Atal Setu is the picture of developed India.
12.01 / 18:37
Citi Provident Aviat International 2024 Mumbai end Navi Mumbai international airport to become operational by end of 2024, says Jyotiraditya Scindia
Mumbai Trans Harbour Link (MTHL) inaugurated by the PM on Friday. "The Navi Mumbai international airport will start its operations in November or December this year.
12.01 / 16:31
markets COST Target Waters Sustainability Highways Average cane crushing days of the sugar mills have decreased by 20% increasing production costs, says minister Nitin Gadkari
sugar mills have reduced from 150 days to 120 days; down by 20% due to stagnant sugarcane production leading to increase in the cost of production for the industry, said Union Minister of Road Transport and Highways. He was speaking at the international conference on sugarcane organised by the Vasantdada Sugar Institute (VSI) at Pune today.
12.01 / 14:59
COST Provident Waters country electronic travelers International Maharashtra gets Atal Setu, PM Modi takes part in 'bhajan': 10 highlights of PM's visit today
₹12,700 crore, in Navi Mumbai. He also addressed the the 27th National Youth Festival. Here's a quick recap of PM Modi's visit to Maharashtra on Friday, January 12.
12.01 / 04:37
COST Waters country travelers Traffic Updates Mumbai NOT Atal Setu news: You will not be allowed on Mumbai Trans Harbour Link, if you are on…
₹17,840 crore. Atal Setu is the longest bridge in India and also the longest sea bridge in the country. The bridge is about 21.8 km long six-lane bridge having about 16.5 km length over sea and about 5.5 km on the land.
12.01 / 03:59
Target FIVE Manufacturing Trade reports Department Updates Polycab share price tanks 28% in last five sessions; what should you do?
Polycab India, a leading electrical wires and cables manufacturer to ₹4,300 apiece from an earlier target price of ₹5,809 apiece to factor in the uncertainties due to the IT raid, by cutting the target P/E to 30x December 25E from 38x September. The company shares were in the spotlight over the last few sessions amid circulating reports of tax evasion allegations against the company.
12.01 / 03:59
COST country travelers Updates Mumbai Atal Setu inauguration LIVE updates: PM Modi to inaugurate India's longest sea bridge in Mumbai today
₹30,500 crore during his visit to Maharashtra.He will inaugurate the Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu built at a cost of about ₹17,840 crore. Atal Setu is the longest bridge in India and also the longest sea bridge in the country.Join us to read the LIVE updates on PM Modi's visit to Mumbai on 12 January:The maximum speed limit for four-wheelers on the Mumbai Trans Harbour Link (MTHL) will be 100 kmph.The speed will be restricted to 40 kmph on the ascent and descent of the bridge.There will be no entry for vehicles like motorcycles, mopeds, three-wheelers, autos, tractors, animal-drawn vehicles and slow-moving vehicles.PM Modi will also lay the foundation stone of the underground road tunnel connecting Eastern Freeway's Orange Gate to Marine Drive.
12.01 / 02:01
COST Citizens country travelers Features International Atal Setu inauguration: 10 interesting things to know about India's longest sea bridge
Atal Setu in Maharashtra today, December 12, Friday. Built at a cost of about ₹17,840 crore, Atal Setu is the longest bridge and also the longest sea bridge in the country. 1) The prime minister’s vision is to improve the ‘ease of mobility’ of citizens by strengthening urban transport infrastructure and connectivity.
11.01 / 17:25
COST Provident Waters Marvell country travelers International Why Atal Setu is an engineering marvel – 5 things to know about India's longest sea bridge
Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, built at a cost of about ₹17,840 crore. Atal Setu is the longest bridge and also the longest sea bridge in the country. Prime Minister’s vision is to improve ‘ease of mobility’ of citizens by strengthening urban transport infrastructure and connectivity.
11.01 / 11:23
markets Citi Digital Diversity show electronic reports India’s emerging e-commerce hotspots: Visakhapatnam, Ghaziabad and Faridabad
NEW DELHI : Visakhapatnam, Ghaziabad and Faridabad are emerging as India’s newest new e-commerce hotspots, according to a new report evaluating the potential of 100 major cities for digital commerce. Bengaluru, Mumbai and Delhi, as expected, top the list, according to the India Digital Commerce Index report by consulting firm Kearney and e-commerce marketplace Meesho. “The second cohort of cities includes the major tier 1 cities of Chennai, Hyderabad, Kolkata, Ahmedabad, and Pune," the report stated, adding that India’s e-commerce market is expected to be valued at roughly $200 billion by 2026.
11.01 / 11:15
Citi Provident cover hospital Department medicines Courts Central govt employees, pensioners: CGHS eligibility, full list of treatments available under CGHS, cities where you can get it
CGHS scheme? What are the facilities available under the CGHS scheme? In which cities you will get the benefits of the CGHS scheme? Here are all your questions answered.
11.01 / 06:23
Digital Manufacturing Action Bill reports Department Investigations I-T dept detects ₹1,000 crore unaccounted cash sales in Polycab
₹1,000 crore (approximately) after it raided Polycab group, a prominent wires, cables, and electrical items manufacturer, according to an official statement by the Ministry of Finance. The I-T sleuths initiated search and seizure operations last year in December. The search action was conducted at more than 50 premises located in Mumbai, Pune, Aurangabad, Nasik, Daman, Halol and Delhi.

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