City Pune Financial News

16.07 / 19:21
UPS Target Booking Aware As demand picks up, Bajaj plans to increase triumph output
Bajaj Auto has asked its motorcycle part suppliers to prepare for doubling production for the newly launched Triumph range of motorcycles following a better-than-expected response to the Speed 400 and Scrambler 400X models, multiple people aware of the company's plans said.Bajaj Auto has received over 15,000 bookings since the launch and counting. The ramp-up plans suggest that the company is striving to touch volumes of around 40,000-45,000 units in the current fiscal year and 100,000-120,000 units in the next fiscal year.
15.07 / 08:53
Marathi actor Ravindra Mahajani found dead in Pune
film industry. "We share the grief of the Mahajani family. A heartfelt tribute to Ravindra Mahajani!" Pawar said in a tweet. (With inputs from PTI)  
15.07 / 08:17
Twitter Career Gap COP Discover Marathi actor Ravindra Mahajani found dead in his apartment, cops say he may have died 3 days ago
Marathi actor Ravindra Mahajani has passed away at 77. The actor was found dead in his apartment at Ambi village in Maval Taluka near Talegaon Dabhade, Pune. According to a Times Of India report, Mahajani may have died three days ago.
15.07 / 01:33
UPS Lowe's CEO Software TCS Slow tech spends hit IT staff’s wallets
India's third-largest IT firm HCLTech told ET that senior employees will not get annual increments for this fiscal year while hikes will be deferred by a quarter for other staff.Also read | HCL Tech Q1 Results: Profit rises 8% YoY to Rs 3,534 crore, misses estimatesWipro has also delayed annual hikes by a quarter. The company has been facing margin pressure and widespread underperformance, especially of its banking financial services and technology vertical.Also read | TCS Q1 Results: Profit rises 17% YoY to Rs 11,074 crore, beats estimates; revenue up 13% India’s largest software exporter Tata Consultancy Services was the only company to have rolled out annual hikes in the first quarter itself, leading to a large margin setback of 200 basis points from increments.Hiring in negative territory The Tata Group firm however has been delaying the onboarding of lateral hires, typically in the 3-10 years’ experience range.
14.07 / 08:23
UPS Digital Mobile Shell Shell looks to expand presence in India, build capabilities in niche skills
Shell is looking to expand its presence in India in segments like electric mobility and renewable energy. The energy company will continue to add to its employee footprint in India over this year in areas like information data technology, finance operations, data science and business development with its principles of inclusion at the core, said Pratibha Priyadarshini, VP and head of HR, Shell India. The company employs more than 11,000 people in India spread across a diverse range of businesses — hardcore technology in the wet and dry lab research centres, as well as gas, power, mobility, and lubricants.
13.07 / 14:29
Manufacturing Influx of inquiries from European companies on renewed interest in India: World Trade Center
free trade agreement (FTA) talks with the European Union have sparked an interest from overseas investors and manufactures in the country. The World Trade Center (Pune) is receiving 10-15 inquiries every week from European companies who are keen to manufacture or distribute from India. “There is an influx of inquiries from Europe for India for manufacturing and distribution.
13.07 / 09:37
Blockchain Provident Digital Mobile Software TCS Accenture 2024 Top 10 Software Development Companies in India 2023 – 2024
Innovation and advancement have been a necessity for almost every industry out there, and software development companies are making sure to bring all those necessary changes for almost every business out there. Software development professionals of IT companies are taking advantage of advanced technologies like Artificial Intelligence, Machine Learning, Blockchain, and various others to make businesses and the world better and more innovative.
12.07 / 14:35
Provident CEO Platform Gap Software Matrix Cigna Fold Health raises $6 million in funding led by Iron Pillar
funding, led by Iron Pillar. Other participating investors included Iora Health founder and former CEO Dr Rushika Fernandopulle, National Quality Forum former president and CEO Dr Christine Cassel, Aetna former board member Dr Molly Coye, Cigna former chief growth officer Sridhar Krishnan, and Perot Jain managing partner Anurag Jain. The capital infusion will be used to continue scaling the San Francisco- and Pune-headquartered startup's platform and hire talent.
12.07 / 02:59
Lowe's Extreme Low Extreme low prices for six months is reason behind current tomato crisis, says Maha govt
tomato growers had suffered losses due to non remunerative prices, shows preliminary findings by the agricultural department of Maharashtra. The state is a key supplier of tomatoes to the country during the months of July and August, when growing vegetables is a challenge. The agricultural commissioner of Maharashtra held a meeting with the district agricultural officers and the vice chancellors of the agricultural universities in the state on Tuesday. “The plantation of tomato has declined in the state due to financial losses suffered by the farmers due to non remunerative prices, while the new plantations have been delayed due to delayed monsoon in the state,” said agriculture commissioner Sunil Chavan in a press release.
12.07 / 01:15
Digital Platform Mobile Discover DNA Finance Ministry employee arrested on espionage; ‘Classified information’ passed to Pakistan
India Today, the arrest took place in the Crossings Republik area after receiving information from the Intelligence Bureau. The First Information Report (FIR) states that Naveen Pal shared classified information about the finance ministry and the G20 meeting with an individual in Karachi, Pakistan. Investigation into the case revealed that Naveen Pal communicated the information through the messaging app WhatsApp.
11.07 / 14:11
UPS Action Fighting Indian Ultimate Table Tennis onboards Indian Oil as title sponsor for Season 4
Ultimate Table Tennis (UTT), India’s premier table tennis league, has onboarded Indian Oil as its title sponsor for Season 4 which is scheduled to take place at the Shiv Chhatrapati Sports Complex, Mahalunge-Balewadi in Pune from July 13 to 30, 2023. UTT is all set to bring back world-class table tennis action to India with the presence of top paddlers from around the world including World No. 18 Quadri Aruna, India’s national TT champion Achanta Sharath Kamal and the top female table tennis player in India (World rank 39) Manika Batra.
11.07 / 11:49
Target Cooper What happened to Rs 70,000 crore scam by NCP? Uddhav takes dig at PM Modi as Sharad Pawar to be chief guest at award event
UBT) chief Uddhav Thackeray on Tuesday targeted Prime Minister Narendra Modi over his comments on a «Rs 70,000 crore scam» by NCP, a day after a Pune trust selected the PM for Tilak National award and invited Sharad Pawar for the August 1 function as chief guest. Prominent among the invitees is Nationalist Congress Party leader Ajit Pawar, who joined the Shiv Sena-BJP government in Maharashtra as deputy chief minister on July 2 while eight MLAs of his camp were sworn in as ministers.
11.07 / 09:13
Facebook Twitter Action Fighting LinkedIn Ultimate Table Tennis announces IndianOil as title sponsor for season 4
Ultimate Table Tennis (UTT) has onboarded IndianOil as its title sponsor for season 4 scheduled to take place at the Shiv Chhatrapati Sports Complex, Mahalunge-Balewadi in Pune from July 13-30, 2023.
11.07 / 09:13
Citi Ripple Remark Residential prices rise by 6% in 8 major cities driven by strong housing demand: Report
Driven by strong housing demand, the residential property market in India experienced an average YoY price appreciation of 6% during the April-June period of this year, as per data released by PropTiger.com.
11.07 / 07:55
Citi Gurugram witnessed highest increase in residential property prices among top 10 cities : Report
Property prices in Gurugram has increased the most among top 10 cities with a YoY increase of 12% in Q2 2023, surpassing Bengaluru (9%) and Noida (8%). The residential property market in India experienced an average year-on-year price appreciation of 6% during the April-June period of this year, as per data by PropTiger.com. “Housing prices have been climbing in major Indian cities in the post-COVID years.
11.07 / 02:29
UPS Manufacturing Platform Enterprise TCS Sony Stocks to Watch: Vedanta, Zee Ent, TCS, SBI, L&T, and Tata Communications
Vedanta: Foxconn Technology Group has pulled out of its joint venture with Vedanta Ltd which had planned to invest $20 billion in India for setting up a semiconductor fabrication unit, display unit and semiconductor assembly and testing unit. The 60:40 partnership could have set up the country’s first semiconductor manufacturing unit under the $10 billion government-backed financial incentive scheme and was once estimated to be ahead of two other consortia in the fray for getting the sops.
10.07 / 15:33
UPS Manufacturing Strategy As Foxconn dumps $19.5bn chip plan, Uddhav camp's regret: ‘Maharashtra could have…'
Vedanta said the Taiwanese electronic contract manufacturer Foxconn has withdrawn from a $19.5 billion semiconductor joint venture without elaborating on the reasons. Terming the Foxconn withdrawal as a ‘tragedy’ the Sena (UBT) leader Aaditya Thackeray said the project was completely feasible in Maharashtra and asked the Maharashtra government to clarify why it was suddenly shifted to Gujarat from a highly feasible location of Pune.
10.07 / 12:57
Citizens Progressive National PM Modi to be conferred with Lokmanya Tilak national award in Pune next month
Narendra Modi will be conferred with Lokmanya Tilak National Award in Pune on August 1 in recognition of his supreme leadership and for awakening the feeling of patriotism among citizens, organisers said on Monday. «The Tilak Smarak Mandir Trust (Hind Swaraj Sangh) will confer the Lokmanya Tilak National Award upon Prime Minister Narendra Modi on August 1, the 103rd death anniversary of Lokmanya Tilak,» Trust president Deepak Tilak said in a release.
09.07 / 18:53
COST UPS Provident Aviat Airlines Airlines seek tech to curb emissions: Sita
New Delhi: Indian airlines are in discussions with aviation technology service provider Sita to adopt solutions for reducing carbon emissions and increasing fuel efficiency, said Sumesh Patel, president of Asia Pacific, Sita, in an interview. “We are in discussions with Indian airlines to look at various solutions, which can help them in operational efficiency and reduce carbon footprint.
09.07 / 16:19
COST Citi Provident FIVE Career How much does schooling cost in India and what is its inflation rate?
Mint spoke with some parents to find out the factors that decided the right school for their children. The boards For Sandhya Jandhyala, 40, of Hyderabad, the choice was CBSE, or Central Board of Secondary Education. Both her daughters are students of Bharatiya Vidya Bhavan’s Public School, just 5km from their house.
09.07 / 03:09
UPS Citi Gap Southern Mumbai This city has beaten Mumbai, Bengaluru for highest average salary in India; UP, Bengal lead among states
₹1,891,085, with the most common earnings being ₹576,851, according to the Average Salary Survey figures as of July 2023. There is a notable difference in salaries between men and women, as men receive an average salary of ₹1,953,055, while women earn an average salary of ₹1,516,296. These figures reflect the existing gender pay gap in the country.

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