City Pune Financial News

World Cup 2023, will clash at the Maharashtra Cricket Association Stadium in Pune. Both these teams have had a great tournament so far. South Africa have won 5 out of their 6 matches, losing only to the Netherlands.

₹11,000, or a 60% year-on-year rise. Demand declined by 5-10% in Bengaluru and Pune. For Delhi, Hyderabad and Chennai occupancy rates fall by 5%.

PTI. According to lead researcher Brittany Krzyzanowski from the institute, previous studies have shown fine particulate matter, or PM2.5 can cause inflammation in the brain, which is "a known mechanism by which Parkinson's disease could develop". Published in the journal Neurology, the US researchers have found that the relationship between air pollution and Parkinson's disease was not the same in every part of the United States, as it varies in strength by region.

₹11,000, showcasing a remarkable year-on-year growth of over 60%. Pune, Bengaluru, Hyderabad, Chennai and Delhi saw a decline in demand. The sharpest decline was seen in Pune and Bengaluru, between 5% and 10% in terms of occupancies, while the others were down by up to 5%.

Lodha, listed at Macrotech Developers, is set to exceed its full year guidance of Rs 17,500 crore worth Gross Development Value (GDV) for new project additions in the current financial year, said a top company official. The company has already added projects with development value of Rs 14,300 crore or over 80% of its full year guidance in the first half of the financial year and expects to surpass the guidance soon, Abhishek Lodha, MD & CEO, Macrotech Developers, told ET. “Given how much we have already achieved in the first half and the pace of new project additions and strengthening the pipeline of business development opportunities, we are well on our way to exceed our full-year guidance,” Lodha said. The company will continue to operate with its ‘supermarket’ strategy that involves undertaking a development every 3-5 kilometres across key core property markets including Mumbai and Pune. “The ‘supermarket’ strategy is part of our diversification. We believe that Indian homebuyers typically do not shift beyond 3-5 kilometres away from where they currently live.

fire took place, this time in Pimpri-Chinchwad area of Pune. Several videos of the incident have been posted on the social media platform X. However, this time the company has claimed that the incident occurred due to an aftermarket part used in the scooter.

Ola has responded to the recent electric scooter fire incident in Pune, stating that their investigation has revealed that aftermarket parts used in the scooter caused a short circuit, resulting in the fire. The company has confirmed that the scooter's battery remains intact and functional.

₹1.5 crore) were sold between January and September in seven metropolitan cities in the country in 2023, against 39,300 (Approx) units sold in the same period in 2022. Also read: Mumbai’s real estate registrations surge during festive season According to the data, out of the approximately 3.49 lakh units sold in eight cities (Delhi-NCR, Mumbai region, Bengaluru, Pune, Hyderabad, Chennai, and Kolkata) in the first nine months of 2023, about 24% or roughly 84,400 units were luxury homes priced above ₹1.5 crore. Among the eight Indian cities, luxury housing sales rose by 260% in Hyderabad between January-September in FY 2024.

There is no noticeable change in the scenario despite a 15-point winter action plan and initiatives such as 'Red Light on, Gaadi off' being put in action. With vehicular and biomass burning emissions contributing to rising PM2.5 levels, the haze is set to continue. 'Very Poor' air quality forecast has already been issued for the region from October 29 to 31. On Sunday, the overall air quality in NCR was recorded in the 'Very Poor' category, data from the System of Air Quality and Weather Forecasting and Research (SAFAR)-India showed. The AQI in Delhi was at 309 on Sunday morning.

₹1.5 crore to ₹2 crore. The video of the same became viral on social media. According to the tweet, the long lines were seen in the Wakad area, situated 15 km away from Pune main city.

celestial spectacle awaits skygazers and astronomy enthusiasts as a partial lunar eclipse is set to take place tonight. The India Meteorological Department's Positional Astronomy Centre has announced that the moon will enter the penumbra, a dark area on the earth caused by the moon, at midnight on the night of Saturday and Sunday. The umbral phase will begin in the early hours of Sunday.

Hindustan Times. They have started a chain strike to support quota activist Manoj Jarange Patil's hunger protest to intensify the agitation over the Maratha reservation issue. Protestors from the Maratha community also blocked the Pune-Nashik highway near Chakan early morning today which also affected the vehicular traffic.

Mahindra Lifespace Developers, the real estate and infrastructure development business of the Mahindra Group, has recorded pre-sales of Rs 455 crore for 0.68 million sq ft saleable area in residential business for the quarter ended September. The company’s collections in residential business during the quarter stood at Rs 311 crore. The developer launched 0.47 million sq ft of saleable area as part of its phase 3 at Tathawade in Pune. “The real estate industry is witnessing strong tailwinds especially in the mid-premium and premium segments.

Co-working startup Innov8 has announced that it will double its footprint in the ongoing financial year FY 2023-2024. The company added 5 new centres in key business cities in India in early 2023 and is all set to inaugurate 5 more centres in the current quarter.

BNY Mellon) has picked up over 162,000 sq ft workspace in Pune through a lease agreement with flexible office provider 315Work Avenue. The New York-headquartered company’s latest office is spread across five entire floors at Raheja Woods in one of Pune’s prime commercial zones Kalyani Nagar. In August, 315Work Avenue picked up these five floors in Raheja Woods through a long-term lease of five years. “This deal marks another milestone in the company’s expansion plans, solidifying its presence in key business hubs.

Axis Bank: Axis Bank Ltd on Wednesday reported a net profit of ₹5,863 crore in the second quarter of FY24 registering a 10% growth from ₹5,329.8 crore in the corresponding quarter of last year. NII during Q2FY24 rose 18.9% to ₹12,314.56 crore from ₹10,360.26 crore YoY. NIM for Q2FY24 was 4.11%, up 1 basis point QOQ and 15 basis points YOY, according to Axis Bank's filing exchange.

Narayana Murthy had established Infosys in 1981 with six other engineers with the idea that the firm is an “experiment in entrepreneurship" – a company of the professionals, for the professionals and by the professionals. Infosys was founded in Pune and is headquartered in Bangalore.

Moneycontrol said on Wednesday. The labour department has issued the notice to TCS officials to meet department officials and discuss the matter on November 2 at the Pune labour department office. “Joint meeting of management regarding redressal of grievances/settlement on 02/11/2023 in the morning / 12.00 noon.

World Cup encounter against England on October 29 in Lucknow, as per CricketNext. Pandya has been recovering from an ankle injury sustained during India's clash with Bangladesh on October 19. India’s champion all-rounder was ruled out of the Men in Blue’s match against New Zealand in Dharamshala.

Piramal Group has sold residual bad loans worth ₹531 crore of its Advantage Raheja exposure, which includes properties such as a JW Marriott hotel in Bengaluru and a Crowne Plaza unit in Pune. These loans have been sold to Omkara Asset Reconstruction Co., giving Omkara full ownership of all loans linked to this exposure. These loans, reflected as receivables in the form of security receipts (SR) on Piramal's books, are now being sold for upfront cash.

₹550 crore over five years to boost production at Havmor Ice Cream. In 2017, Lotte had acquired Ahmedabad-based Havmor Ice Cream Ltd for ₹1,020 crore and has been consistently upgrading its facilities, systems, as well as the team since then. “We have planned investments of ₹550 crore over the next five years," said Komal Anand, managing director of Havmor Ice Cream.