City Pune Financial News

Several key infrastructure projects announced in the budget including the third airport to cater to the country’s financial capital Mumbai are expected to enhance real estate prospects in the state. With a focus on improving connectivity and easing housing shortages, the state government’s initiatives are expected to drive demand in both residential and commercial markets across the state including key property markets of Mumbai, Pune, and Nashik.

Subscribe to enjoy similar stories. The 15th edition of Aero India, a biennial air show and aviation exhibition, concluded earlier this month. Conducted across 42,000 sq m, with more than 900 exhibitors including 150 foreign companies, it was the biggest Aero India to date.

Maharashtra Budget 2025 Live Updates: Deputy Chief Minister and Finance Minister Ajit Pawar will table the Maharashtra Budget for FY 2025-26 in the state assembly today. This is the first budget of the newly-formed Mahayuti government in the state that came to power late last year.

Haier Appliances India looks to become a USD 2 billion sales company in the next 3-4 years on the back of a high double-digit growth powered by expansion in product category and channels, according to a top official. The home appliances maker has earmarked an investment of over Rs 1,000 crore between 2024-2028 to set up new AC Production and Injection Molding Units. It has already ploughed in Rs 2,400 crore in its plants at Pune and Greater Noida so far. With this new plant, Haier India's capacity would increase to 4 million units per annum from the present 1.5 million units, besides increasing domestic value addition. «Currently we have a capacity of 1.5 million. However, the way the AC market is growing here, by 2027 we will have a shortage in capacity.… The new plant will be 2.5 million units,» Haier Appliances India President NS Satish told PTI on Sunday.

Tesla. But the vehicle ended up getting decked up for the “vaahan pooja”, which made the internet call it a “pookie cybertruck.” A Pune-based X-user, Ashishh shared a photo of a shiny brand new Tesla car. But what grabbed the eyeballs of the internet and left them amused was the flower display on it, proving that the vehicle may have become futuristic, but traditions remain intact. He tweeted the photo on X and wrote, “When your Tesla is futuristic, but your mom insists on Indian traditions.” The tweet has amassed more than 3 lakh views on the micro-blogging site.

Subscribe to enjoy similar stories. BENGALURU : Multi-brand restaurant operator Rebel Foods, which is gearing up for a public-market listing in 2025-26, expects its newly launched 15-minute food delivery service ‘Quickies by EatSure’ to be a major growth driver in coming years, EatSure’s co-founder and chief executive Sagar Kochhar told Mint in an interview. The Mumbai-based company sees a massive opportunity in quick food deliveries and believes it has the right to win in the category thanks to its well-established model comprising offline eateries as well as cloud kitchens, which allow it to offer a full-stack setup with access to multiple brands such as Faasos, Behrouz Biryani, and Wendy’s, Kochhar said.

Aaditya Thackeray on Tuesday demanded the dismissal of the Devendra Fadnavis-led government and imposition of President's rule in Maharashtra in view of the «deteriorating» law and order situation in the state. He was speaking to reporters here in the wake of the resignation of state minister and NCP leader Dhananjay Munde, days after his close aide Walmik Karad was named as the mastermind in the Beed sarpanch murder case. He said only Munde's resignation was not sufficient considering the law and order situation in the state. Deshmukh, the sarpanch of Massajog village in Beed, was abducted, tortured and murdered on December 9 last year allegedly for attempting to stop an extortion bid targeting an energy company in the district. Talking to reporters, Thackeray said, «Resignation (of Munde) is not enough. The government should be dismissed and President's rule should be imposed in the state.» The former minister also cited recent instances of crime against women like the rape of a 26-year old woman in a Maharashtra State Road Transport Corporation (MSRTC) bus in Pune and the setting ablaze of a 17-year-old girl in Mumbai. «Law and order situation in the state has been deteriorating since the last three years. If the government is not dismissed, who will come to Maharashtra for investment, how will citizens be safe?» he asked.

Subscribe to enjoy similar stories. Dalmia Bharat Ltd is expanding its footprint by making a strategic investment of about ₹3,520 crore, to be funded via debt and internal accruals. The cement maker will establish a 3.6 million tonnes per annum (mtpa) clinker unit and a 3mtpa grinding unit at its plant in Belgaum, Karnataka.

Subscribe to enjoy similar stories. An unexpected dish was placed on the table: parmesan jalebi with saffron aioli, a savory take on the zulbia, a Middle Eastern dessert that became jalebi in India. This delightfully innovative appetizer was served at Farro, a new restaurant in Pune that opened in January.

Ajit Pawar on Saturday warned of a stern action against those who vandalised public property following the alleged rape of a woman inside a state transport bus in Pune. The 26-year-old victim was raped inside a parked bus of the Maharashtra State Road Transport Corporation (MSRTC) at the Swargate bus stand located in the heart of the city in the early hours of Tuesday. The next day, local Shiv Sena (UBT) leader Vasant More and his party workers vandalised the security cabin at the Swargate bus depot to protest against the incident. Speaking to reporters here, Pawar said action will be taken against those who damaged public property. «Let the probe get over and let the facts come to the fore. After that, action will be taken against those who vandalised public property. They will not be spared. Does anyone damage his own house's window panes if an accused is not arrested?» he asked. «Even the court had made it clear in the past that if anyone resorts to vandalism of public property, then damages should be recovered from these party workers or the party,» he said.

Out on bail since 2019, who is ‘accused’ Dattatraya Ramdas Gade?The Pune Police have launched an extensive search operation, releasing Gade's photo and offering a ₹1 lakh reward for information leading to his arrest. A total of 13 teams have been deployed to track down the suspect, with eight teams from the Crime Branch and five teams from Swargate Police Station working on the ground.ALSO READ: Cops release poster of accused; Eknath Shinde says, ‘culprit will not be spared’Eknath Shinde on Thursday assured justice in the Pune bus rape case. The Maharashtra Deputy Chief Minister said, "The culprit in this case will not be spared, be it whoever he is.

Labour Secretary Sumita Dawra on Tuesday said that global capability centres (GCC) are projected to expand to USD 105 billion by 2030, employing over 2.8 million people solidifying India's role as a global hub for enterprise operations and innovation.

State Bank of India Chairman C S Setty on Sunday said the largest Indian lender is targeting to be Net-Zero by 2055. The bank will be celebrating its centenary year of existence then, he said.

Amit Shah said on Saturday that the Centre's efforts gave momentum to the country's cooperative sector, and underscored its importance in making India a developed nation by 2047. Addressing the valedictory function of the diamond jubilee celebrations of Janata Sahakari Bank Limited in Pune, Shah said the government under Prime Minister Narendra Modi made India's cooperative sector marketable.

wind turbine and blade manufacturer GE Vernova is looking to double its India business to 10 GW by 2030 buoyed by flourishing demand for renewable power generation solutions, a senior company executive told ET.

Subscribe to enjoy similar stories. Rashesh Shah, chairman of the financial services conglomerate Edelweiss and an avid long-distance runner, was participating in a run in Khandala, near Pune, in 2015 with a specific target. He wanted to complete the distance, which included a 16km uphill stretch, in under two hours.

Subscribe to enjoy similar stories. Delhi-National Capital Region has toppled Bengaluru, India’s top office market, to become the new favourite for flexible workspaces. With a 42% share, Delhi-NCR benefited from corporate demand, good infrastructure, Grade-A supply, and larger transactions.

Hiranandani Group has entered into a joint venture with Krisala Developers to develop an integrated township spread over 105-acre land parcel in Pune’s Hinjewadi area, marking its foray into the city’s real estate market.