Metro Financial News

01.10 / 19:45

markets Citi BLOCK Metro country Schools Interviews Mumbai Metro to put prime 4.2-acre land in Nariman Point on block

Nariman Point, the original central business district of the country's financial capital, is set to get a major boost with the Mumbai Metro Rail Corporation (MMRCL) planning to put a prime 4.2-acre land parcel in South Mumbai on the block through a global tender. This is for the first time a land parcel in Nariman Point is being auctioned ever since its emergence as a prime downtown planned commercial zone in the early 1970s. The authority has already held initial talks with leading global and domestic entities including the Blackstone Group, Hines, Mapletree Investments, Sumitomo Corp, the Tata Group, Lodha, K Raheja Corp, Oberoi Realty, and RMZ Group, and has received a positive response from potential bidders.

01.10 / 10:45

markets Fox Analysis Metro Patrick pandemic Housing turnover rate hits lowest level in 30 years

FOX Business' Katrina Campins discusses the rise in demand for mortgage refinances, who would benefit, and the impact on the real estate and housing sector.

30.09 / 04:13

markets Citi Provident Digital Aware Metro country Bank deposits and mutual funds: cogs of the same wheel

There is a view that in the growing pie of savings and investments, banks are losing out to mutual funds. That may be happening in the margins as India’s equity market has been on a bull run. But let us look at the big picture.

28.09 / 14:35

markets COST Metro Schools Courts Videos Prime Minister Modi to unveil projects worth Rs 11,200 crore in Maharashtra

Narendra Modi on Sunday will lay the foundation stone, inaugurate, and dedicate various significant projects in Maharashtra, with a total investment exceeding Rs 11,200 crore, the Prime Minister's office said on Saturday. The event is scheduled to take place around 12:30 PM via video conferencing. Among the highlights of the event is the inauguration of the Pune Metro section, which spans from the District Court to Swargate. This marks a significant milestone as it completes the Pune Metro Rail Project (Phase-1).

28.09 / 04:57

markets Target Analysis Metro Research Trade Experts Rs 40 trillion opportunity! India's power sector set for multi-decade boom; Tata Power, Power Grid top bets

power sector presents a colossal multi-decade investment opportunity, with an estimated INR40 trillion in investments over the next decade. This potential is fuelled by three key drivers: rising power demand, a necessary shift towards renewable energy, and the modernization of aging infrastructure. Power demand in India is expected to grow at a faster rate, with a 7% CAGR over the next decade, driven by a robust economic outlook, urbanization, and new demand drivers such as electric vehicles (EVs), data centres, and the electrification of energy needs.

26.09 / 05:23

Citi Metro WhatsApp Department Schools Courts Colleges PM Modi's Pune visit cancelled due to heavy rains

Modi's visit to Maharashtra's Pune on Thursday has been cancelled due to heavy rainfall in the region. He was to visit the city to inaugurate the much-anticipated underground Metro corridor linking Civil Court to Swargate. He was also lay foundation stone for the extension of the metro line from Swargate to Katraj. Further, Modi lay the foundation stone for a memorial at Bhide Wada, the historic site where Mahatma Jyotiba Phule and Savitribai Phule established India's first school for girls. This initiative reflects the government's commitment to honoring significant milestones in India's educational history.

25.09 / 11:51

markets Citi Parke Metro Schools Courts Traffic PM Modi to visit Pune on Thursday to inaugurate Metro line, attend other events: Here's his schedule, traffic restrictions

Narendra Modi will visit Pune on Thursday, September 26, to inaugurate the underground Metro corridor connecting Civil Court to Swargate. This development is a significant step in the city's urban transport infrastructure. During the visit, PM Modi will also lay the foundation stone for the extension of the metro corridor from Swargate to Katraj, further boosting the metro network. Additionally, he will initiate several other important projects, including the much-anticipated memorial at Bhide Wada, the historic site where Mahatma Jyotiba Phule and Savitribai Phule established India's first school for girls.

25.09 / 10:57

markets Citi Provident Metro cover travelers Features Mumbai Metro 3 underground Aqua Line to start next week: Check fare, route, train timings, stations, other details

Metro Line 3 project, by Prime Minister Narendra Modi next week. This marks a significant milestone for the city's transportation system, as it will launch the Aqua Line's first phase. The 12-kilometer stretch connects Aarey Colony to Bandra Kurla Complex (BKC) and will feature 10 operational stations.

24.09 / 13:07

markets Digital Metro Experts RAI Schools First phase of Mumbai's first underground Metro to be commissioned soon, says top official

underground Metro or aqua line between Aarey Colony and Bandra-Kurla Complex will be commissioned soon, subject to safety clearance, a senior official said on Tuesday. The 12.5 km stretch between Aarey Colony and BKC is part of the 33.5 km Colaba-Seepz-Aarey Metro Line 3. Addressing a press conference, Ashwini Bhide, managing director for Mumbai Metro Rail Corporation (MMRC), said the Metro Line 3 is poised to be commissioned very soon, subject to clearance by the Commissioner of Metro Railway Safety (CMRS). She said of the two necessary approvals, they have already received the nod for rolling stocks (Metro train), while the application for the rail line is pending approval.

24.09 / 12:01

Citi Aviat Metro stage Traffic International Destinations India's smaller towns to get a big lift: 29 new airports

Subscribe to enjoy similar stories. NEW DELHI : India is advancing its efforts to transform smaller towns into aviation hubs, with plans to establish 29 greenfield airports across underserved regions over the next two decades—a first of its kind on this scale. The Airports Authority of India (AAI) has completed feasibility studies for 10 such airports, aiming to link smaller towns with global air routes, two officials aware of the development told Mint.

21.09 / 18:19

markets UPS Citi Metro Experts reports India's small towns turn boomtowns for auto financing

car ownership is fuelling a surge in auto loans in India, extending beyond the metros to smaller cities. Consumers are also opting for longer-tenure loans to afford higher car prices, say executives. Top carmakers such as Maruti Suzuki, Hyundai, Mahindra, Tata Motors, Honda, and Toyota expect finance penetration to rise to 75-84% in 2024 from 64-75% in the pre-pandemic period, according to data collated by Jato Dynamics.

21.09 / 01:57

Citi Booking Metro electronic Features Interviews Sporting Amazon boosts investment in speed for faster deliveries across multiple products

Subscribe to enjoy similar stories. New Delhi: Online marketplace Amazon India will invest more in "speed" amid shifting preferences where consumers want everything from their soaps to pizzas delivered within hours, instead of days. “We deliver an assortment of 1 million products on the same day to Prime members and 4 million products the next day.

20.09 / 07:15

markets COST Citi Metro cover International Mumbai Metro 3 Phase 1 to be opened next month: Here are the route, start date, stations and other details

Mumbai Metro Rail Corporation Ltd (MMRCL) is set to inaugurate the city's first underground metro line Phase I of the Metro 3 corridor, covering the Aarey-Bandra Kurla Complex (BKC) stretch, in the first week of October. The project, which has cost approximately RS 38,000 crore, aims to facilitate easier long-distance travel for commuters. Prime Minister Narendra Modi will officially open the 12km stretch, which includes 10 stations.

20.09 / 00:31

markets Racing Sustainability Metro Highways wellness Adani Group set to acquire 46.64% stake in ITD Cementation India for Rs 5,888.57 crore

Adani Group has emerged as frontrunner in the race to acquire the promoter’s 46.64% stake in ITD Cementation India to bolster its in-house civil engineering capabilities, said people aware of the matter. At current market value, a successful deal would be pegged at 5,888.57 crore ($700 million), inclusive of a fully subscribed open offer that will follow a promoter stake purchase. The infrastructure conglomerate led by Gautam Adani is ramping up its expansive portfolio spanning airports, highways, ports, power plants and real estate projects. Both sides came to an agreement earlier this week and a formal announcement is due soon, said one of the persons.

18.09 / 11:07

markets COST Citi Fox Metro reports Child care for 2 kids now costs nearly 40% more than rent across 100 largest US metros: study

FOX Business Lauren Simonetti reports on the latest market and political news surrounding Target, child care costs and rapper Cardi B.

17.09 / 09:46

markets Provident CEO Platform Metro cover reports Hyperlocal news startup Way2News raises $14 million in funding from WestBridge Capital, others

hyperlocal news platform Way2News has raised $14 million in a new round of funding led by existing investor WestBridge Capital, with participation from venture capitalist Sashi Reddi. The company plans to use the funds to strengthen its presence in existing markets, including Andhra Pradesh, Telangana, and Tamil Nadu, and expand to other South Indian states Karnataka and Kerala. “Over the decades, if you look at the media landscape, every section of the society has not been represented… News gets generated in the metros and is distributed to towns and districts. To address this we decided to go hyperlocal,” Raju Vanapala, founder and CEO of Way2News told ET.

17.09 / 08:14

UPS Digital Metro wellness exclusive innovations recommendations Can Bata India give Metro Brands a run for its money?

Subscribe to enjoy similar stories. An average American owns 8 pairs of footwear. The Japanese and Europeans own about 6 each.

16.09 / 21:14

Citi Metro President students country Schools International How Cambridge and IB schools stole hearts in India's small cities

Subscribe to enjoy similar stories. Mumbai: Schools affiliated to international boards are gaining traction in India's tier-II and tier-III cities as aspirational second- and third-generation business owners and professionals with higher disposable incomes send their children to these schools. These schools, which have tuition fees upwards of ₹7-9 lakh per annum, are now offering specially trained teachers—some roped in from overseas—and infrastructure on a par with their counterparts in metros.

16.09 / 14:50

markets Remark Metro Election Universities country rowing Those filled with hate not leaving any chance to defame India: Modi

Modi on Monday alleged certain individuals filled with hate and negativity are defaming the country, a remark coming amid a political row over certain statements made by Congress leader Rahul Gandhi abroad. Modi laid the foundation stone and inaugurated various projects of Rs 8,000 crore, including the flagging off of Bhuj-Ahmedabad Namo Bharat Rapid Rail, the first Vande Bharat metro service, and five Vande Bharat express trains, in Ahmedabad. Addressing a gathering, Modi, without taking names, said they (Opposition) can cross any limits for appeasement politics.

16.09 / 09:33

markets Citi Provident Metro cover Department Features PM Modi launches India's first 'Namo Bharat Rapid Rail' connecting Ahmedabad and Bhuj

Vande Metro, now renamed as Namo Bharat Rapid Rail service, between Bhuj and Ahmedabad. According to Western Railway officials, the Ahmedabad-Bhuj Vande Metro service will stop at nine stations and cover the 360-kilometre distance in 5 hours and 45 minutes at a top speed of 110 kilometres per hour. It will depart from Bhuj at 5:05 am and reach Ahmedabad Junction at 10:50 am, the officials had said. For passengers, its regular service will start from September 17 from Ahmedabad and the total journey will cost Rs 455.

16.09 / 07:45

markets COST Citi Provident Metro travelers Features India's first 'Vande Metro' renamed as 'Namo Bharat Rapid Rail' ahead of launch by PM Modi

Prime Minister Narendra Modi on Monday is all set to launch India's first 'Vande Metro' services between Bhuj and Ahmedabad. Ahead of the launch, the Railways Ministry has decided to rename the service to 'Namo Bharat Rapid Rail.' Additionally, Modi will launch the second phase of the metro rail service connecting Ahmedabad and Gandhinagar and take a ride on the metro train. For passengers, its regular service will start from September 17 from Ahmedabad and the total journey will cost Rs 455.

what you should know about Metro

What is Metro and why is it relevant?

Metro is a high-demand area that draws public attention. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Metro?

All recent news about Metro can be found in the special selection. We publish information as it becomes available.

How can I verify the accuracy of information on Metro?

We rely on trusted sources to ensure that the information about Metro is accurate and helpful for our readers.