City Pune Financial News

17.12 / 17:21

Racing NOT Not old, can still straighten some people out, says Sharad Pawar

Nationalist Congress Party chief Sharad Pawar on Sunday said he had not grown old and still had the power to «straighten some people out». Speaking at a bullock-cart race in Charkoli in Pune's Haveli tehsil, he said, «I have a complaint against you. All of you in your speeches keep stressing I am 83 years old, I am 84 years old.

17.12 / 15:41

Citi Gap Metro Yellow reports Bengaluru house rentals rose about 30% in 2023, highest among all metros: Reports

Moneycontrol quoted independent surveys as saying. According to No Broker's Real Estate Report 2023 and consultancy firm Anarock, Bengaluru’s prominent areas soared by over 30 percent in 2023.

17.12 / 14:13

Citi show Housing sales value in top 7 cities to cross Rs 4.5 lakh cr in 2023: ANAROCK

The unstoppable Indian residential sector surpassed all previous highs in 2023 with housing sales creating a new peak quarter-on-quarter. Concurrently, the overall sales value of sold housing inventory also inched higher.

17.12 / 05:31

Citi Waters Mosaic All you need to know about the new integrated terminal at Surat Airport

Surat International Airport is being denoted as an integral part of the Gujarat city's infrastructural boost. PM Narendra Modi has called it «a major infrastructural upgrade for Surat, boosting ‘Ease of Living’ and ensuring greater commerce for the city and surrounding areas.» It is to be noted that as of now, Surat connects to 14 domestic cities including Delhi, Chennai, Bengaluru, Kolkata, Hyderabad, Goa, Goa Mopa, Belgaum, Pune, Jaipur, Udaipur, Indore, Diu and Kishangarh.

17.12 / 04:07

Citi Provident Waters Remark Parke beautiful travelers New terminal to increase Surat Airport's capacity three times: AAI chairman Sanjeev Kumar

Surat Airport will increase three times once its newly built terminal building is operational, said Sanjeev Kumar, Chairman of the Airports Authority of India (AAI). The AAI Chairman stated this ahead of the new terminal's inauguration by Prime Minister Narendra Modi. PM Modi will be on a day-long visit to Surat on Sunday.

16.12 / 17:51

Digital Citizens Action economy hospital reports travelers Packed hotels, brisk trade prove best defences against cross-border terror

Kashmir can be very depressing. In 2005, after the POK earthquake, I led a team on behalf of the UN to support the post-earthquake reconstruction. Visiting Muzaffarabad and villages around POK was an eye opener: no one spoke Kashmiri.

15.12 / 14:01

performer country electronic information Department Govt spends Rs 1,218 cr to commission 24 PF compute capacity: MoS IT

PetaFlops compute capacity under the National Supercomputing Mission, Parliament was informed on Friday. Minister of State for Electronics and IT Rajeev Chandrasekhar in a written reply to the Rajya Sabha said that systems have been commissioned at 20 academic institutions, organisations and Research and Development (R&D) labs across the country.

15.12 / 10:53

Target FIVE Manufacturing Align Enterprise country electronic share price Bharat Electronics share price rises 3% on mega defence order

Bharat Electronics Ltd (BEL) share price surges 3.26% to ₹169.35 per share on Friday, December 15, after the company bagged a mega defence order. The Ministry of Defence has entered into a significant agreement with BEL, Pune, for the acquisition of electronic fuzes for the Indian Army over a 10-year period, with a total investment of ₹5,336.25 crore. Aligned with the 'Aatmanirbhar Bharat' vision, this contract is established for the procurement of ammunition under the 'Manufacture of Ammunition for Indian Army by Indian Industry' initiative.

12.12 / 10:07

Target CEO Parke Yellow vaccine 2020 reports Adar Poonawalla set to buy London's most expensive house worth ₹1,446 crore

₹1,446 crore. Adar Poonawalla is the CEO of Serum Institute of India (SII), which makes the Covishield vaccine. A CNBC report confirmed the deal wherein Adar Poonawalla will buy the most expensive house in London.

12.12 / 08:53

Target Digital Booking Software Enterprise Healthcare recommendations Persistent Systems listed as ‘top pick of the week’ by Axis Securities – 4 key reasons

Persistent Systemsas its top pick of the week. This is on the back of accelerating demand for ER&D services, robust demand for product engineering services, and hopes that digital solutions will accelerate revenue growth. The brokerage has a ‘buy’ recommendation on the stock with a target price of ₹7,115, indicating an upside of 10 percent from its current market price of ₹6,526.

12.12 / 08:31

reports Department Financial Maharashtra govt forms panel to probe BMC's financial transactions in last 25 years

Brihanmumbai Municipal Corporation (BMC) in the last 25 years, state Minister Uday Samant said on Tuesday. Speaking to reporters here, Samant said the issue was raised during a discussion in the legislative assembly on Monday regarding the functioning of civic bodies.

12.12 / 08:31

Citi Provident country social innovations Hyderabad pips Pune, B'luru among India's best cities in Mercer's quality of living index

Hyderabad with a rank of 153, Pune at 154 and Bengaluru in the 156th position are the three highest placed among Indian cities in Mercer's worldwide quality of living ranking for 2023 which rates Vienna in Austria at the top of the list. Chennai is the fourth Indian city in the list at the 161 spot followed by Mumbai at 164. Kolkata (170) and New Delhi (172). Mercer's Quality of Living data assesses the practicalities of daily life for expatriate employees and their families in assignment locations worldwide. Vienna retained its top position in the list, which was last published in pre-Covid 2019.

12.12 / 03:03

Provident Software economy Remark Healthcare country innovations "India is experiencing democratic dividend & trend will continue for long period"

India is experiencing a demographic dividend and will continue to do so for a long time, according to Dr Ajit Ranade, Vice Chancellor, Gokhale Institute for Politics and Economics, Pune He was speaking at the 5th CUTS 40th Anniversary Event held in the Symbiosis School of Economics in Pune on Monday. The event was titled ‘What Would it Take India to Realise its Potential Growth?’ As the Chair of the event, Dr Vijay Kelkar emphasised on the idea that India needs to adopt a universal approach and not just a narrow outlook on the economic front.

11.12 / 21:41

Citi Provident Booking Mobile Highways country travelers Tata Power, Indian Oil Corp tie up to deploy over 500 EV charging points across India

Tata Power on Monday said its subsidiary Tata Power EV Charging Solutions has inked an agreement with India Oil Corporation Ltd (IOCL) to install more than 500 fast and ultra-fast electric vehicle (EV) charging points across India. Tata Power will install EV charging points across multiple IOCL retail outlets, a statement said.

11.12 / 16:43

Citi Provident Booking Mobile Highways country travelers Tata Power ties up with Indian Oil to set up 500 EV charging points across India

Tata Power said on Monday that its unit Tata Power EV Charging Solutions Limited has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) to install more than 500 fast and ultra-fast electric vehicle (EV) charging points across India. Tata Power will install EV charging points across multiple IOCL retail outlets, the company said in a statement.

11.12 / 15:43

Citi IPO Booking band Shree OSFM IPO: Check issue date, price band, GMP and other details

₹24.60 crore from the upcoming public offer. Established in 2006, Shree OSFM E-Mobility Limited, formerly recognized as Om Sai Fleet Management (India) Private Limited, specializes in delivering employee transportation services to prominent multinational corporations (MNCs) with a widespread presence in major cities throughout India. The company has offices in 42 sites in cities like Mumbai, Navi Mumbai, Pune, Bengaluru, and Kolkata.

08.12 / 14:49

Manufacturing Celebrity hospital information recommendations Six killed, others injured amid blaze at factory in Maharashtra's Pimpri Chinchwad

fire broke out in Maharashtra. The blaze erupted around 3:00 pm on Friday afternoon at a candle-making factory in the Talawade area of Pimpri Chinchwad. "Six people have died, eight people injured in a fire incident in a candle-making factory.

08.12 / 13:39

Citi Dreams show country consequences reports Check how office rental values rose in NCR, MMR, Pune, Hyderabad & other cities in H1 FY24

The first half of fiscal year 2024 remained lacklustre for commercial office space activity across the top 7 cities, with both net absorption and new completions remaining largely stagnant compared to the same period last year. New office supply across the top 7 cities rose by a meagre 5% in H1 FY2024 against H1 FY23, and net office absorption saw a marginal yearly decline of 1% in this period.

08.12 / 03:45

Provident Platform Gap economy performer track Your Questions Answered: How can I invest in the US market via Indian mutual funds?

Omkar Shetty, Pune, Maharashtra In the realm of investments, diversification is a key mantra, and venturing beyond the familiar shores of the Indian stock market can open up a world of possibilities. Indian international mutual funds, particularly those with a focus on the S&P 500, offer an enticing avenue for Indian investors to tap into the dynamic and growth-oriented US equity market. The US stock market has consistently outperformed its Indian counterpart over the long term.

07.12 / 01:21

Citi FIVE Manufacturing CEO Platform 2020 reports Global capability centers follow top tech talent to India’s heartland

global capability centers (GCCs) in India established a base in a tier II city as companies sought to tap new talent markets, according to data from CBRE. In addition, GCCs across sizes and maturity levels are expanding and consolidating their footprint in India even as global technology demand remains cautious.

06.12 / 19:53

FIVE Digital Platform Mobile Pool country E-sports to be the next big bet

NEW DELHI : Online sporting (e-sports) events are emerging as a big revenue opportunity with growing enthusiasm for the nascent gaming sector in India, industry executives said. The country, with 42.5 crore gamers, second only to China, saw a string of e-sports events this year with substantial prize money on offer. On 27 August, e-sports firm Nodwin Gaming, a subsidiary of the only publicly-listed gaming company Nazara Technologies, concluded the second edition of its Battlegrounds India Master Series (BGMS).

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