City Pune Financial News

19.07 / 13:21

UPS Citi Mumbai Mumbai rains: CM Eknath Shinde orders govt offices to close early amid train delays

Mumbai rains have affected the vehicular and train movement in the region with several trains on the Central Line operating only up to Thane and Dombivli on Wednesday afternoon due to a point failure at Kalyan and flooding between the Ambernath and Badlapur sections. An official statement mentioned that train services on the Chhatrapati Shivaji Maharaj Terminus (CSMT)-Belapur route were operational.

19.07 / 13:03

Provident Citizens Career Metro social Informal employees prioritising prestige, career potential over wages: Report

informal employees are prioritising factors such as prestige and career potential over wages today, says a Quess Corp report. The report by leading business service provider Quess Corp titled ‘New Collar Generation Report' uncovers the aspirations of India's informal economy post-pandemic.

19.07 / 12:15

COST Citi Provident Platform Goel Ganga Developments diversifies in rental space with Rent Easy

Goel Ganga Developments, Pune’s leading developer, has recently ventured into the rental segment. The new venture titled ‘Goel Ganga Rent Easy’ will offer last-mile support to people in Pune, looking out for a place to rent. The full-stack platform also has separate verticals for buying and selling properties. The platform will handhold the buyer throughout their journey giving a seamless renting/ buying/ selling experience.

19.07 / 10:55

UPS Citi Provident Gap country Porter launches Intercity courier service for seamless shipping across India

Porter, a tech-based on-demand logistics companies, announced the introduction of its Inter-city Courier Services, aimed at transforming the way goods are transported across the country. This tech-enabled Inter-city delivery offering is set to ease the logistics landscape by providing doorstep pickup and delivery services to a wide range of customers, including SMEs, retail businesses, and regular consumers.

19.07 / 10:23

show Bank of Maharashtra Q1 Results: Profit rises 95% YoY to Rs 882 crore

Bank of Maharashtra (BoM) on Wednesday reported a 95 per cent jump in net profit to Rs 882 crore for the June quarter, helped by a decline in bad loans and improvement in interest income. The Pune-based lender had posted a net profit of Rs 452 crore in the year-ago period. Total income in the first quarter of the current fiscal rose to Rs 5,417 crore from Rs 3,774 crore in the same period a year ago, BoM said in a regulatory filing.

19.07 / 05:19

Twitter CEO Yellow Orange Maharashtra Monsoon rains: Red alert in Palghar, Raigad; orange alert issued in these districts. Check full forecast

Schools and colleges in Raigad and Chandrapur districts of the state have also declared holiday. Raigad District announced the news about the holiday via their official Twitter handle, the tweet read, “In the wake of heavy rains, Collector Dr. Yogesh Mhase has announced a holiday for all schools and colleges in the district today." With the heavy rain warning, the Raigad District Administration has also said that Savitri River, Amba River and Patalganga River in the district has crossed the danger mark.

19.07 / 02:05

Citi Extreme Metro Orange Mumbai Mumbai: Heavy downpour to continue today, IMD issues orange alert

weather forecast agency, heavy rainfall in the city and suburbs is expected with possibility of very heavy rainfall at a few places. It has also issued orange alert for the metro city, marking very heavy rainfall in the city.

18.07 / 19:27

Citi Premium Oyo checks into premium resorts and hotels space with Palette

Palette. The company said it has curated a range of 'upscale' resorts and hotels for travellers seeking a 'premium experience' at competitive prices.

18.07 / 17:11

COST UPS Lowe's Extreme Apple The humble tomato gets its revenge

NEW DELHI : For farmers in India, growing tomatoes is a gamble. A risk which pays off once in a blue moon. For instance, as tomato prices surged past ₹200 a kg last week, the steepest ever the national capital region has seen, Ishwar Gaykar, a grower from Pune, Maharashtra, made a fortune from his 12 acres of tomato crop.

18.07 / 09:29

Citi Target FIVE Digital Aware Platform Persona Mumbai Tim Hortons treats, beverages to be available at doorstep in Mumbai via Zomato from next month

Also read: Zomato rolls out food trends platform for restaurant partners Before its launch, Tim Hortons focused on creating awareness through digital channels, especially social media, to target specific sections of the audience and establish a lifestyle brand persona. Tim Hortons has already introduced nine stores in the National Capital Region (NCR), two in Mumbai, and six in Punjab and has ambitious plans to further expand to Pune and Bengaluru.

18.07 / 09:13

Premium Oyo enters premium resorts, hotels category, launches Palette brand

OYO on Tuesday announced its foray into premium resorts and hotels category with the launch of its new brand -Palette with plans to have a total of 50 properties by second quarter of FY24. The company has started 10 Palette resorts as a pilot in Jaipur, Hyderabad, Digha, Mumbai, Chennai, Manesar and Bangalore.

18.07 / 08:37

Provident Progressive Waters Remark Parke Infinity EXP India’s Green Building Revolution: Leading the way in sustainable real estate practices

India has made remarkable progress in its quest for a sustainable future, showcasing significant advancements in the field of green buildings. The country has emerged as a global leader in incorporating sustainable and eco-friendly practices into the real estate sector, demonstrating a strong commitment to energy-efficiency and environmentally-conscious materials. The green building revolution in India has been further bolstered by proactive government policies and initiatives.

17.07 / 20:25

Provident MET Waters Yellow Orange IMD issues orange alert for Maharashtra

Maharashtra, which has remained 19% rainfall deficient since 1 June, is expected to finally get heavy showers till Friday. Deficit rainfall in the state kept kharif sowing 23% lower year-on-year at 9.1 million hectares. This rainfall forecast could have brought respite to farmers, but the met office foresees damage to crops due to water inundation.

17.07 / 18:43

COST UPS Citi Resale property market booms amid price hikes, scarcity of ready homes

market supply, with prospective buyers increasingly viewing the resale market as a viable alternative. Factors contributing to this trend include a scarcity of newly constructed properties ready for immediate occupancy, a dearth of new developments, and escalating price hikes in major markets. «Recently, there has been a notable surge in the demand for resale residential properties across cities.

17.07 / 17:37

Target Metro €500 million in EU’s first phase funding for India green energy

GANDHINAGAR : : European Investment Bank (EIB), the lending arm of the European Union, plans to invest about €1 billion in India’s renewable energy sector, EIB’s vice president Kris Peeter confirmed. EIB is in discussion with the Central government to lend €500 million during the first phase of the funding, he said. The investmentwill be made in renewable sectors involving green hydrogen and solar panels.

17.07 / 13:17

RAI ‘Crorepati’ In A Month; It's Raining Money In Monsoon For Tomato Farmers | Details

For tomato farmers, this monsoon, its not just rai... moreFor tomato farmers, this monsoon, its not just rain but money that’s pouring down.

17.07 / 12:59

Twitter Cooper Action Trekkers to Dudhsagar Falls made to do sit-ups by RPF. Watch

A video showing a group of trekkers punished to do situps at Dudhsagar Falls on the Goa-Karnataka border is going viral on social media. According to tweets and several media reports, the trekkers were reportedly punished by the Railway Police Force (RPF) for disembarking the train before the scheduled station and crossing the railways tracks to reach the falls, which is prohibited and punishable under Railways Act. Dudhsagar Falls is a famous tourist destination, and during the monsoon season the cascading waterfall amidst lush greenery creates a picturesque scene.

17.07 / 11:23

COST Citi MET FIVE Manufacturing Parke Allianz Warehousing supply across 8 primary markets likely to grow 13-15% in FY24, says ICRA

ICRA. The incremental absorption is estimated to remain at around 39 million sq ft, the level witnessed in 2022-23. Nearly 52% of the expected supply addition across these primary markets including Mumbai, National Capital Region, Pune, Chennai, Bengaluru, Kolkata, Hyderabad, and Ahmedabad will be in grade A category.

17.07 / 05:47

Citi FIVE Noted mathematician Mangala Narlikar passes away

Dr Mangala Narlikar, wife of noted astrophysicist Dr Jayant Narlikar, passed away at her residence in Maharashtra's Pune city on Monday after a prolonged illness, family sources said. She was 80.

17.07 / 02:29

Citi Provident Target Cooper Maharashtra: Pune farmer earns over ₹2.8 crore by selling tomatoes, sets target to reach ₹3.5 crore

earning of more than ₹2.8 crore by selling tomatoes amid the soaring tomato prices across the country. Ishwar Gayakar, along with his wife, aims to reach an even higher target of ₹3.5 crore with around 4000 crates of tomatoes still available on their farm. Sharing his journey of hard work and determination, Ishwar Gaikar said, "This is not something I have earned in one day.

16.07 / 20:11

Progressive safe Unlocking Bharat NCAP: How safe is your car?

Maruti now offers ESC as standard in many of its cars. Global NCAP has been crash-testing Indian cars since 2014 and there’s been marked progress in the last few years.

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