City Pune Financial News

₹1 lakh per week for the first 13 weeks, followed by ₹2 lakh per week for the next 13 weeks, will be levied on the telcos that do not meet the obligation. A show cause notice will be issued before penalties are levied. A second official said that the companies were yet to communicate their plans for meeting the rollout conditions, while adding that the government was not in favour of giving any extensions to the deadline.

ICC Men's Cricket World Cup 2023 tickets to secure their spot at experiencing the joy of cricket in the one-day format. The International Cricket Council (ICC) took to X, formerly known as Twitter to announce the registration for World Cup 2023 tickets.

Bengaluru's companies said they were willing to hire freshers in the second half of this year — a fall from 75% in the first half — according to a survey by TeamLease Edtech, a division of Bengaluru-based TeamLease Group. The survey attributes this to the decline in hiring in the IT sector. According to data from staffing firm Xpheno, IT services giants are expected to reduce their overall hiring by 40% in fiscal 2024.

SUV factory in Chakan near Pune which will have a capacity to manufacture around 200,000 electric Sport Utility Vehicle(SUVs) a year. The plant is likely to be ready by next year. The company is also planning to create a battery assembly plant to supply batteries to electric vehicles.

Maharashtra Deputy Chief Minister Ajit Pawar on Tuesday said nothing much happened during his meeting with his uncle and NCP chief Sharad Pawar in Pune last week. Speaking to reporters in Kolhapur, he said there was no need to think too much about the meeting. «Pawar Saheb (Sharad Pawar) has already clarified.

tractor exports in the next three years, according to a top company official. The Mumbai-based auto major, which is the world's largest tractor maker by volume terms, exported around 18,000 tractors last fiscal. The company said it has invested Rs 1,200 crore on developing the OJA platform which consists of four platforms that could churn out 40 different trims in the 20-70 HP power output.

DY Patil Medical College, situated in Navi Mumbai, has India's costliest medical degree on offer, a ToI report revealed on August 15. The MBBS degree offered by the college, at an eye-watering Rs 30.5 lakh fee a year, is the country's most expensive course of its kind, the report said. The total cost of the four-and-a-half-year degree from the college comes to more than Rs 1.35 crore.

Expleo Solutions Limited on Monday announced to bolster its workforce by hiring 5,000 skilled tech professionals by 2025 in India. Expleo's newly appointed tech professionals will be stationed across the company's prominent development centres in key Indian cities such as Bengaluru, Chennai, Coimbatore, Pune, and Mumbai.

Maha Vikas Agadhi(MVA) member Uddhav Thackeray noted that ‘frequent meetings’ between the Pawar duo is tarnishing the image of Sharad Pawar. The unpredictable developments in the partisan politics scenario on Maharashtra has heightened the probability of trouble in the already tumultuous political scenario of the state, that began with Eknath Shinde's rebellion in 2022, leading to the downfall of the then incumbent Uddhav Thackeray government. News of Ajit Pawar faction NCP members meeting Sharad Pawar had been in limelight for a few weeks.

alliance on Sunday evening, insisting that he would ‘never align with BJP’. “As the national president of the NCP, I am making it clear that my party will not go with the BJP. Any association with the Bharatiya Janata Party does not fit in NCP's political policy," he said.

Nationalist Congress Party chief Sharad Pawar on Sunday said his party will not go with the BJP though some 'well-wishers' are trying to persuade him. Addressing reporters at Sangola in Solapur district of Maharashtra, Pawar said any association with BJP doesn't fit into NCP's political policy. «As the national president of the NCP, I am making it clear that my party (NCP) will not go with the BJP. Any association with the Bharatiya Janata Party does not fit in NCP's political policy,» he said. «Some of us (Ajit Pawar-led NCP group) have taken a different stand. Some of our well-wishers are trying to see if there can be any change in our stand. That is why they are trying to have a cordial discussion with us,» he said without taking names. Queried about his «secret» meeting in Pune on Saturday with his nephew and Deputy CM Ajit Pawar, who is part of the Shiv Sena-BJP government in Maharashtra, the senior Pawar said, «I want to tell you a fact that he is my nephew. What is wrong with meeting my nephew? If a senior person in a family desires to meet another family member, there should not be any issue with that.»

Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in loan and deposit growth in percentage terms during the first quarter of the current financial year. The deposit and advances of the Pune-based lender recorded nearly 25 per cent rise, the highest by any public sector bank during the April-June quarter. With a growth rate of 24.98 per cent the gross domestic advances of the bank rose to Rs 1,75,676 crore at the end of June 2023, according to published quarterly numbers of the public sector banks (PSBs).

India's warehousing and industrial sector is expected to reach 516 million sq ft by 2026 from 344 million sq ft in the first half of 2023. Around 15 million sq ft of new stock were added between January and June this year with Delhi-NCR, Mumbai and Bengaluru gaining maximum share of the supply, showed data from JLL India.

NCP president Sharad Pawar and his deputy chief minister nephew Ajit Pawar, who heads the group of rebel MLAs of the party, are believed to have met at the residence of a businessman in Pune on Saturday, sparking a buzz in Maharashtra political circles. Nationalist Congress Party (NCP) leader Amol Mitkari said, «It could be a family meeting between the two leaders». Visuals aired by regional news channels showed Sharad Pawar arriving at the residence of the businessman in Koregaon Park area at around 1 pm.

₹865 crore. Under this project of total length of 16 km, the work of 2.2 km long Chandni Chowk Interchange has been completed. Both sides of the Mumbai-Bangalore highway have 2-lane internal and 2-lane external service.

e-commerce and the growth of third-party logistics (3PL) companies is also driving the investments in this segment. The cumulative supply in India’s warehousing and industrial sector is expected to reach 516 million sq ft by 2026 from 344 million sq ft in the first half of 2023.

Housing prices in Kolkata have increased by 15 per cent year-on-year (YoY) in the April-June quarter of 2023. It was the highest increase in residential prices among the eight cities, according to the report. «Housing prices in the city have been on the rise over the past seven quarters. The recent surge in housing prices is owing to the rising demand boosted by positive government incentives such as extension of 2 per cent reduction in stamp duty and extension of 10 per cent reduced circle rates till September 2023,» the report said. Delhi-NCR came second as housing prices in the northern region have risen by 14 per cent YoY in Q2. Hyderabad witnessed a rise of 13 per cent in housing prices in the last year during the second quarter, said the report. At the micro-market level, Golf Course Road and Dwarka Expressway witnessed the highest rise in housing prices at 46 per cent and 40 per cent, respectively, on a YoY basis during Q2 2023. «Housing prices in Golf Course Road continue to surpass the prices of Delhi in Q2 2023 attributed to its improving connectivity and proximity to commercial office hubs in Gurugram, which have sparked a surge in demand for residential properties,» the report added.Pan India residential prices Q2 2023 (in Rs /sq ft) –

Hindustan Times. On Wednesday, the remaining preparations like finishing touches, and beautification work were being done. Authorities are also working to make sure the newly built flyover is both aesthetically pleasing and useful.

Digi Yatra facility will be launched at six more airports, including at Mumbai and Kochi, in August. Currently, the facility is available at seven airports. It was first launched on December 1, 2022 at the airports in Delhi, Varanasi and Bengaluru.

“As per inputs received from ministry of power, preliminary studies carried out for nine cities having 4 million plus population, namely Delhi, Mumbai, Pune, Ahmedabad, Surat, Bengaluru, Chennai, Hyderabad and Kolkata indicate a requirement of 18,000 nos. of Public EV Charging Stations by the year 2030,” Pandey said. According to a statewise breakup, as of July, Maharashtra had the highest number of EV charging stations followed by Delhi and then Karnataka.

PVR Inox Ltd. According to Bijli, around 20 films across languages have been screening concurrently across theatres, with a minimal impact on the box office performance of one over another. Ashish Saksena, chief operating officer, cinemas, BookMyShow said so far Jailer has seen around 900,000 bookings on the platform, leading with the original Tamil version in south India including Chennai, Bengaluru, and Hyderabad.