Metro Financial News

metro station recently, officials said on Wednesday. The incident occurred at Inderlok metro station on December 14 where prima facie it appears that the passenger's clothes got entangled in a train leading to injuries and subsequent death last Saturday, the DMRC said in a statement.

India aims to elevate its road infrastructure to match that of the US within the next five years, said Minister of Road Transport and Highways, Nitin Gadkari. As part of a comprehensive strategy, the government seeks to alleviate metro congestion, significantly reduce travel time, and minimise road accidents, he said. In the preceding nine years, his ministry has allocated projects exceeding Rs 50 lakh crore and has streamlined the contract approval process by refining existing policies.

Women are losing out to men in India’s jobless growth While 82% of working professionals expressed concerns over potential job redundancy due to emerging technologies, upskilling played a positive role for several employees. As per the report, 78% of working professionals have recognised 'upskilling' as a proactive strategy to navigate the rapidly changing working landscape in the country.

portfolio after husband Rakesh Jhunjhunwala's death last year, has seen at least three stocks giving multibagger returns in 2023 while most of the profits came from 5.4% holding in Titan. Going by the September quarter shareholding pattern of listed companies Jhunjhunwala owned 25 stocks, the value of which has grown 14% this quarter to Rs 39,000 crore. Details are available only of companies where the ace investor owned at least 1% stake. An analysis of his portfolio shows that the investor's best performing stock is Tata Motors DVR which is up 138% so far in the calendar year.

Google Maps, Namma Yatri, and Open Network for Digital Commerce (ONDC) will help users get an end-to-end seamless experience in open mobility, senior executives from the three organisations told ET in a joint interaction. ONDC—the government-backed open network for online commerce—is, for example, working with Namma Yatri and Google Maps to onboard mobility options such as local trains, autorickshaws, cabs, and metro.

Reliance Industries has paid ₹254 crore to Metro AG in the financial year ended September 2023 for using the German retailer's brand name in India after acquiring its wholesale chain in the country a year ago. «Metro AG is providing certain transitional services and licences as part of the transaction to enable the new owner to operate the business. As part of the sale of Metro India, a licence payment of ₹28 million (₹254 crore) received in advance for using the Metro brand is recognised in the financial year,» Metro said in its latest annual report.

Target and Amazon are all-in on the shipping wars, a move retail experts say will help them maintain a competitive edge against low-cost Chinese retailers Shein and Temu. For Walmart and Target, their investments are also aimed at narrowing the gap in delivery speed with Amazon, which has set the standard for fast shipping and remains the king of speed. Amazon packages have been arriving at the doors of Prime customers even faster this year under the company's new distribution model, which divides the country into eight regions and predominantly ships items from warehouses in those areas. The idea, according to Amazon, is to get shipments to travel shorter distances with fewer touchpoints, which helps the company not only speed up deliveries but also cuts down on costs.

Hunt for the Indian Mujahideen, Love Kills: Madhumita Shukla Hatyakand, Star Vs Food Survival and History Hunter. While the slate for 2024 is still tentative, Abishek said the company will definitely produce more content globally.

India’s second & holiday homes, once believed to be trophy assets for the selected few, are now increasingly becoming mainstream. The market is presently sized north of USD 2.1 billion and is growing at a commendable rate of 23.6%, as per the research by Axon Developers.

Bihar and Odisha, far away from the glitz of metros, data from the Central Pollution Control Board show. Diwali is just one sample point. In many non-metro cities, the average daily level of the PM2.5 pollutant through the year exceeds the safe zone.

Paycraft has partnered with NSDL Payments Bank and the National Payments Corporation of India (NPCI) for the launch of One Nation Corporate Card. This card serves as an employee tax benefit instrument and also comes with a corporate expense management platform for the employer to manage their expenses digitally. The card is built on an indigenously developed multi-wallet platform with transit issuance and processing capability.

Hyderabad Auto & Taxi Drivers Association on Monday announced the launch of a new ride-hailing app Yaary, backed by the government’s Open Network for Digital Commerce (ONDC) protocols. The app has been built by Hyderabad-based startup Yaary, founded by former fintech professionals. Yaary has already onboarded over 20,000 auto and taxi drivers in Hyderabad, and is collaborating with various other driver associations across other cities to launch similar mobility apps, it said in a statement.

grocery code of conduct says its launch is being held back by a lack of support from two major grocers.“We’re at an impasse,” said Michael Graydon, CEO of the Food, Health & Consumer Products of Canada association and chairman of the interim board for the code.The board sent a progress report to the federal, territorial and provincial agriculture ministers on Wednesday.“There is a concern that without the full participation of all major grocers, the implementation of the Code would create an unlevel playing field and put affected stakeholders at a competitive disadvantage,” the report reads.Without the support of all major grocers, the interim board said it can’t proceed in implementing the required steps to launch the code.“What we’re faced with now is no consensus and a failure to achieve what industry has told us they would achieve without government intervention. To say this is disappointing would be an understatement,” said federal Agriculture Minister Lawrence MacAulay in an emailed statement on Wednesday evening.The code was always intended to be industry-led, but the industry has “failed to meet the moment,” he said.“We’re actively examining all available federal options _ that includes legislation,” added MacAulay.“I’ve also met with my colleague, (federal Industry Minister Francois-Philippe Champagne), and his provincial and territorial counterparts.

Also Read: Real estate trends: Will the sector witness a rise in women homebuyers in 2024? Experts decode In just the first nine months of 2023, the total residential property sales value is already 7% higher than the whole of last year, with the top 7 cities seeing inventory worth approx. ₹3,48,776 crore sold in this nine months period, as per data by ANAROCK Property Consultants. Between January and September 2023, approx.

Impresario Hospitality & Entertainment, which owns restaurant brands like SOCIAL, Smoke House Deli and Boss Burger, is planning to go public in the next two to three years, according to its managing director, encouraged by the growth in the casual dining restaurant segment. The Mumbai-based food company also plans to increase its restaurants count to 100 in the next two to three years, with a revenue target of '1,000 crore by FY26, Riyaaz Amlani, Impresario's MD, told ET. While India's quick service restaurant (QSR) segment has multiple listed firms, including Devyani International, Sapphire Foods and Burger King India, the casual dining restaurant (CDR) space has only a few.

Narendra Modi on Sunday inaugurated the Surat Diamond Bourse, which will have facilities like international banking, safe vaults, jewellery mall and create about 150,000 new jobs, during his visit to Gujarat. He also inaugurated the new terminal building of Surat Airport, which can handle 1,200 domestic passengers and 600 international passengers. Constructed in 6.7 million square feet, the Surat Diamond Bourse will be the largest office space in the world.

Moneycontrol quoted independent surveys as saying. According to No Broker's Real Estate Report 2023 and consultancy firm Anarock, Bengaluru’s prominent areas soared by over 30 percent in 2023.

Delhi Metro train, has sadly passed away while receiving treatment at Safdarjung hospital. The incident had occurred at Inderlok Metro station on December 14th afternoon, according to a statement by the Delhi Metro Rail Corporation (DMRC). The DMRC has announced that the Commissioner of Metro Railway Safety will conduct an inquiry into the incident.

PTI. The incident took place on 14 December when the woman, identified as Reena, came under the train after her saree got stuck in the door. As per the report, it could not be known whether the woman was getting off of the train or boarding it.

Once quite common, in the age of far more easily accessible forms of entertainment, the reader of books, is a pursuer of an elite activity Reading — by which I mean reading books, the same way wearing overwhelmingly suggests wearing clothes — is returning to a state it once was towards the beginning: an elite pursuit. I am not a paper pedant. So, by reading, I don't much differentiate between a physical 'dead tree' copy or a Kindle spirit.

Diageo India. The Manipur government's decision to legalise liquor in the state is also expected to drive up sales. The state government withdrew the prohibition from district headquarters, greater Imphal areas, tourist locations and registered hotel establishments, according to media reports.