City Pune Financial News

09.08 / 11:13

Lowe's Platform show performer country Why NIV Pune study on presence of Covid virus in urine samples is important

covid-19 pandemic hit, but the world still remains at risk as new strains of the SARS CoV-2 virus continue to emerge. Despite developing newer treatment and diagnostic modalities, including very effective vaccines, the disease remains one of the major challenges in countries across the world. The World Health Organization estimates that till now about 400 million people have had the infection, and 5 million have died following complications from the disease.

09.08 / 08:37

Bharat Forge Q1 results: Net profit rises to ₹213.73 crore

Pune-based leading forging firm, Bharat Forge Limited has reported a 34 percent year-on-year increase in consolidated net profit at 213.73 crore in the June quarter, the company said in an exchange filing on Wednesday. The company had posted a consolidated net profit of ₹160.37 crore in the same quarter last fiscal, Bharat Forge said in a regulatory filing.

08.08 / 12:29

FIVE show country Tata Realty & Infra buys 25-acre land parcel in Bengaluru for Rs 986 crore

Tata Realty and Infrastructure Ltd (TRIL), the real estate development arm of Tata Group, has acquired a land parcel spread over 25.3 acres in Doddanekundi near Whitefield locality in Bengaluru for over Rs 986 crore. The company has bought the land parcel from Graphite India through its wholly owned subsidiaries TRIL Bengaluru Real Estate Five Ltd and TRIL Bengaluru Real Estate Six Ltd.

08.08 / 11:59

Align performer Peninsula Land records 362% jump in April-June net profit at Rs 60 crore

Peninsula Land has reported a 362% year-on-year growth in consolidated net profit of Rs 60 crore for the quarter ended June. Revenue for the quarter stood at Rs 188 crore.

08.08 / 11:47

UPS Provident Waters CEO country Power Tata Power inks pact with Maharashtra for 2800 MW pumped hydro storage projects

₹13,000 crore. The two projects will have a combined capacity of 2800 megawatt and help the state achieve its goal of becoming a $1 trillion economy by 2028. The two plants will be situated in Shirvata, Pune (1800 MW) and Bhivpuri, Raigad (1000 MW) and will generate employment for over 6,000 people.

08.08 / 10:15

UPS Actor electronic Ducati Diavel V4 launched in India, bollywood actor Ranveer Singh appointed as brand ambassador

Ducati Diavel V4 comes ingrained with technical, dynamic, and stylistic features, such as those of sport nakeds and muscle cruisers. The motorcycle comes with a starting price of ₹25.91 lacs (ex-showroom). Deliveries will begin immediately across all Ducati stores in New Delhi, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Kochi, Kolkata, Ahmedabad, and Chandigarh.

08.08 / 09:21

Citi Parke VACATION Destinations Weekend independence day Independence Day long weekend: Looking for last minute plans? Drive to these destinations for a mini vacation

1. Lonavala, Mahabaleshwar, Matheran in Maharashtra: Maharashtra in the monsoon season is filled with greenery, waterfalls. Right from forts, hills, beaches to forest, the state has a vast varierty to offer.

08.08 / 06:19

FIVE CEO Parke Backed K Raheja Corp-backed Mindspace Business Parks REIT rejigs top management

Mindspace Business Parks REIT has rejigged its senior management to ensure stability and continuity of leadership to drive the next phase of growth. The K Raheja Corp-backed listed entity has appointed Ramesh Nair as Chief Executive Officer, with effect from September 1 while elevating Vinod Rohira to Board Member of the REIT.

07.08 / 10:27

UPS Citi Metro Hotel occupancy down sequentially in June

₹6,600-6,800 over the corresponding 2019 figures. For the month, the most growth in room occupancy was seen in metro cities of New Delhi, Mumbai, Kolkata, Chennai and Kochi, of up to 5%.

06.08 / 18:37

Provident FIVE Cooper place You are at right place, but came very late, Amit Shah tells Ajit Pawar

Home Minister Amit Shah on Sunday told Deputy Chief Minister and president of his own faction of the Nationalist Congress Party, Ajit Pawar, that he was in the right place but added that he took 'too long' to join the government with the BJP. «Today is the first time that Ajit Pawar and myself are sharing a dais. I would like to tell Ajit Pawar that after a long time you are sitting in the right place.

06.08 / 14:51

Digital Cooper stage country Time place ‘Right place after a long time': Amit Shah to Ajit Pawar at Pune event

Union home minister Amit Shah Sunday shared the dais with Maharashtra Deputy Chief Minister Ajit Pawar for the first time at an event in Pune. The home minister said the NCP leader is now at the "right place after a long time," the PTI reported. "Ajit Dada (Pawar) has come for the first time after becoming the Deputy CM and I am sharing the stage with him, I want to tell him that after a long time, you are sitting at the right place," the ANI reported quoting the union home minister as saying.

06.08 / 13:01

MET Digital Cooper show Maharashtra: Senior NCP leader Jayant Patil denies having 'secret' meeting with Amit Shah in Pune

NCP leader Jayant Patil, a Sharad Pawar loyalist, on Sunday dismissed reports that he met Union Home Minister Amit Shah in Pune «secretly» and also scotched speculation that he was set to join the Ajit Pawar-led group in the Shiv Sena-BJP government. Patil said he was with Nationalist Congress Party (NCP) chief Sharad Pawar on Saturday evening and later met senior colleagues Anil Deshmukh, Rajesh Tope and Sunil Bhusara at his home. «They were at my house till 1.30 am.

06.08 / 12:15

UPS Digital Cooper No sugar mill in Maharashtra should be without ethanol distillery: Amit Shah

Amit Shah on Sunday said there should not be a single sugar mill in Maharashtra that is not producing ethanol. He was speaking at an event after launching the digital portal of the Central Registrar of Cooperative Societies (CRCS) office in Pune. «Huge funding is available under various schemes for cooperative societies which can be utilised for setting up distilleries.

06.08 / 10:49

Lowe's FIVE Booking Strategy performer Profit of PSU banks more than doubles to Rs 34,774 cr in Q1

Public sector banks (PSBs) have once again posted stellar performance by registering more than double profit of Rs 34,774 crore for the first quarter ended June 2023. During the April-June period of the previous fiscal, all 12 state-owned banks had recorded a total profit of Rs 15,306 crore, according to quarterly numbers published by public sector lenders. The high-interest regime helped banks to earn a good net interest margin (NIM) during the quarter.

06.08 / 10:39

Digital Cooper stage place Amit Shah shares stage with Ajit Pawar in Pune, says 'Right place, but took too long'

Amit Shah on Sunday shared the dais with Maharashtra Deputy Chief Minister Ajit Pawar at an event in Maharashtra's Pune and said the latter is at the «right place». «Ajit Dada (Pawar) has come for the first time after becoming the Deputy CM and I am sharing the stage with him, I want to tell him that after a long time, you are sitting at the right place,» Shah said.

06.08 / 06:35

Twitter Platform Tesla blues elon Elon Musk's X platform will fund ‘unlimited’ legal bills for users: Are you eligible?

Also read: Elon Musk reveals major update on ad revenue sharing: X Premium subscribers will get… In July, twitter rebranded itself with the new name X and a new logo replacing the iconic 17 years old blue bird logo, signalling a shift towards becoming an "everything app" and broadening its focus beyond its previous identity as Twitter. Despite these developments, X's cash flow remains negative due to a 50 percent drop in advertising revenue and a substantial debt burden.

06.08 / 02:45

FIVE country electronic NIA makes sixth arrest in IS Maharashtra module case

NIA) on Saturday said it has arrested the sixth accused in connection with the IS Maharashtra module case related to IS' conspiracy to disrupt peace in the country. The accused was identified as Aakif Ateeque Nachan. The NIA said that he was arrested for his involvement in the fabrication and testing of Improvised Explosive Devices (IED) for commission of terrorist acts and arranging a hideout for two other terror operatives.

05.08 / 10:41

Target FIVE Booking CEO Macrotech Developers eyes Rs 12k-cr sales revenue from 5 land parcels in MMR, Bengaluru

Macrotech Developers Ltd has acquired five land parcels in Mumbai region and Bengaluru during April-June quarter to develop housing projects with a revenue potential of Rs 12,000 crore. Macrotech Developers MD and CEO Abhishek Lodha said the company has added new projects worth Rs 12,000 crore in the first quarter of this fiscal year as against the annual guidance of Rs 17,500 crore. «We are not revising our annual target for new business development as of now,» he told PTI.

05.08 / 09:11

UPS Digital Cooper Software Align electronic Pune’s central registrar office to embrace digital transformation for co-op societies

NEW DELHI: The Union home minister and minister of cooperation Amit Shah is scheduled to inaugurate the digital portal of the Central Registrar of Cooperative Societies (CRCS) office in Pune on August 6. This move by the Ministry of Cooperation aligns with Prime Minister Narendra Modi’s vision of “Sahkar se Samridhi," which aims to bolster the cooperative movement in the nation.

05.08 / 04:51

UPS MAIL Software exit Infosys sees another top level exit as EVP Richard Lobo quits firm

Infosys executive vice president Richard Lobo has stepped down from his post after serving 22 years at the company. «This is to inform that Richard Lobo, Executive Vice President and Senior Management Personnel, has resigned from the services of the company,» said the Bengaluru-based firm in an exchange filing Friday. His last day with the company would be August 31, the filing said.

04.08 / 20:51

UPS show After tomato, onion prices inch up amid lower sowing

All India wholesale consumer price of onion stood at ₹2,068.51 per quintal on August 3, up from ₹1,893.56 on July 3. Year on year, the price has increased 4.86%, data from the consumer affairs ministry show.

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