Metro Financial News

HDFC Bank is conducting a system upgrade on Saturday, July 13, 2024, to upgrade and enhance customers' banking experience by improving performance speed, expanding capacity for high traffic and boosting overall reliability.

Offline fashion discovery and savings platform Magicpin has reported 100% year on year increase in terms of brand on-board, as it added 1000 brands across fashion, QSR, and fine dine category. It has also added more than 75,000 local merchants in the last 12 months, taking the total to 2,75,000 merchants and 3,000 brands till date. 80% of these merchants became transactional within the first month of onboarding and witnessed substantial growth in the same month.

Kotak Institutional Equities and Motilal Oswal Financial Services (MOFSL). While Kotak sees Nifty universe to report flat (0.6%) earnings on a YoY basis, MOFSL estimates a 4% uptick in the net profit for the reporting quarter.

volunteers who spent more than a year in a Mars simulation without ever leaving Earth have successfully finished a remarkable NASA project. Located at NASA's Johnson Space Center in Houston, the mission came to an end on Saturday, July 6, at approximately 5:00 PM local time, as per the reports of Metro.

RVNL, REC and CAMS were among those that offered a glimmer of hope in an otherwise bleak trading environment. RVNL has been a standout performer for the day with gains of over 8% while trading at Rs 587 on NSE after the company announced that it has received a letter of acceptance from Maharashtra Metro Rail Corporation (Nagpur Metro).

Nashik (Maharashtra) [India], July 9: KBC Global Ltd ( Previously known as Karda Construction Limited ) BSE - 541161, a prominent player in the construction and real estate development sector has handed over possession for 100 plus residential cum commercial units in its various ongoing projects in Nashik, Maharashtra. The group has handed over possession for total of 109 units from April 2024. Company handed over 76 units of Hari Kunj Mayflower Project, 19 units of Hari Krishna Phase IV projectOut of the total units handed over during the period, the company has handed over possession of 76 units of the project Hari Kunj Mayflower (MAHARERA Reg no: P51600020249), a residential cum commercial project situated at Karmayogi Nagar, Nashik ,Maharashtra - 422 009.

Krishna Institute of Medical Sciences surged 4.4% on NSE after the company announced that it has entered into a definitive agreement for acquiring a 100% stake in Chalasani Hospitals. “Pursuant to the approval of the Board, we are pleased to inform that the Company has entered into a definitive agreement for acquisition of a 200-bed multi-specialty hospital at a prime location in Vizag,” informed the company via a filing to the stock exchanges.

House Rent Allowance (HRA) is a portion of your salary that is not fully taxable, unlike your basic salary. Subject to specific conditions, a portion of the HRA is exempted from taxation under Section 10 (13A) of the Income-tax Act, 1961. The amount of HRA tax exemption is deducted from the total salary before calculating the taxable income. This helps employees save on taxes. However, it's important to note that HRA received from the employer is fully taxable if the employee lives in their own house or does not pay any rent. Also read: HRA tax exemption: HRA fraud with illegal usage of PANs detected by tax dept; how to avail House Rent Allowance, proofs

July financial deadlines and rules change: In the month of July, there are several financial deadlines and changes in rules, which will come into effect. Besides, there is one key economic event – Union Budget, which is likely to be presented on July 23 or 24 in the second leg of the Monsoon Session of parliament.

NEW YORK—Patrons at the Comfort Diner in Midtown Manhattan recently encountered an unexpected person working the tables: Gov. Kathy Hochul. Rather than take orders, she went booth to booth seeking opinions about the city’s first-in-the-nation plans for congestion pricing—a $15 toll on vehicles entering the core of Manhattan.

under-construction properties in major cities — Delhi, Noida, Gurgaon, Bengaluru and Mumbai has increased by upto 53%, led by Gurugram, according to Savills India, a global property consulting firm. The under-construction projects in these cities have witnessed higher price appreciation up to 30% over the year compared to ready properties as new launches offered newer amenities and configurations. The second home location, North Goa also witnessed a steep rise of 28% in villa prices over the year owing to rise in ‘work from anywhere’ or remote working and relatively high rental yields.

Mahayuti coalition government in Maharashtra marks the anniversary of the completion of two years, Maharashtra Chief Minister Eknath Shinde said on Sunday that in the last two years, the Mahayuti government has done a lot of work, whether it is about roads or metros.

Delhi Airport's Terminal 1 collapsed due to heavy rainfall, leading to an indefinite suspension of operations. Approximately 128 flights were canceled, and all activities were shifted to Terminals 2 and 3. «Flights to and from Terminal 1 have been closed till further notice,» said the aviation ministry. On average, about 200 flights of IndiGo and SpiceJet operate from T1. IndiGo has the larger share of flights. All arrivals and departures have been moved to T-2 and T-3. The shuttle service from Delhi Aerocity Metro station to Terminal 1-IGI Airport has also been suspended.

Ashiana Housing Ltd, a leading real estate developer in India, has announced the successful launch of Phase III of its premium residential project, Ashiana Ekansh, situated in Jaipur’s burgeoning Mansarovar Extension area. The launch garnered remarkable traction, with a significant 92 out of 112 units sold on the first day, translating to impressive sales of Rs 82 crore.

Delhi-NCR received heavy rain, accompanied by thunderstorms and lightning on Friday that lead to severe waterlogging and significant traffic disruptions in several key areas. The heavy rainfall has caused significant disruptions on major roads and underpasses, posing challenges for commuters and leading to advisories from the Delhi traffic police. Traffic affected in key areas:

heavy rain in a few areas of Delhi-NCR, ahead of the monsoon's formal arrival. The ceiling of Delhi Airport Terminal 1 collapsed this morning due to heavy downpours. Metro service update: Yashobhoomi Dwarka Sector 25 Metro station's entry and exit will be closed due to heavy rainfall. Additionally, until further notice, the Aerocity Metro station to Terminal 1-IGI Airport shuttle service has been discontinued. All other lines will continue to provide regular services.

₹18,000 crore as the airline's enterprise value. As a result, it acquired 100% stake in Air India, its subsidiary Air India Express and the entire 50% stake in ground and cargo handling joint venture Air India SATS. Among India's regional aircraft, SpiceJet has 21 De Havilland Canada Dash 8-400s, Alliance Air has a mix of 21 ATRs and one Dornier, and Indore-based Flybig has three de Havilland Canada DHC-6 Twin Otter aircraft.

Dexter: Original Sin, Sarah Michelle Gellar will play Dexter Morgan's new boss at the Miami Metro Police Department.

Varun Alagh, founder of Honasa Consumer which owns Mamaearth and The DermaCo, reckons looking young and healthy is the new rich. A decade ago, most youngsters discovered specialised skincare brands through dermatologists. Now, social media influencers do that job. According to Alagh, younger consumers are really into their health, and view skincare as an extension. Edited excerpts from an interview. Why are youngsters so obsessed with their skin care routine now? The emergence of personal voices has led to category education becoming easier. Consumption of social content is leading to the shaping of genuinely good skincare categories. For instance, active ingredients are not something new, but are now getting democratised. Using efficacious active ingredients for skincare and for problem solution and skincare has existed for decades. What was not done earlier is marketing these directly to the consumer. Globally, this realisation came almost 20 years back when brands started to take it directly to consumers. We are seeing this now in India as well.

Steve McDonald (Simon Gregson) will be shocked when Tracy Barlow (Kate Ford) returns to Coronation Street. A few months earlier, Tracy moved to Spain with her former football teammate Tommy Orpington (Matt Milburn), having departed Weatherfield. Tommy, a painter and decorator who arrived on the cobbles, quickly began an affair with Tracy, Steve's wife, as reported by Metro.

Route Mobile, a prominent provider of cloud communications platform services, experienced another exceptional day as its shares surged by 17.3% to reach a 30-month high of ₹1,930 apiece, taking the five-day gains to 24%.Today's rally in shares came after the company, during market hours, through an exchange filing, said that its holding company, Proximus Group, and Microsoft signed a 5-year strategic partnership for collaboration on digital communications and cloud.The company said that the newly formed strategic partnership between Microsoft and Proximus will allow both parties to leverage their respective expertise and product leadership, accelerated by the power and potential of AI applications and solutions.Also Read: Sylvan Plyboard IPO share allotment to be finalised today: How to check status? A step-by-step guideThe strategic partnership between Microsoft and Proximus aims to leverage their expertise in AI and cloud services across three main areas. Firstly, they will enhance Communication Platform as a Service (CPaaS) and Digital Identity (DI), improving customer engagement and security.Secondly, Proximus will migrate key platforms to Azure cloud services, enhancing scalability and security while integrating AI technologies.