Metro Financial News

Also Read: Delhi Metro alert! Delay in services on the Pink Line. Details here The revision in schedule can affect the late-night travelers of the Delhi metro. On Sunday, Delhi Metro train services will commence from 6:00 am onwards on all lines and from 4:45 am on Airport Express Line, said DMRC in its announcement.

₹2,000 crore from Naresh Korthari-led alternative assets investor Alpha Alternatives Group through a combination of warrants and InvIT route over a period of 12-18 months, according to the company's second-quarter analyst presentation. As part of the deal, Alpha and its other entities will pick up a 10% stake in Dilip Buildcon via warrants at ₹328.05 per warrant. This will translate into an infusion of ₹530 crore into the company via warrants.

(Reuters) — Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nation's biggest private property developer, sources said.

Air Quality Index (AQI) breached the 400 mark at multiple locations. As per the Central Pollution Control Board (CPCB), the AQI stood at 498 in Mundka followed by 491 at Jahangirpuri.

NEW DELHI : State-run railway engineering and consulting company RITES Ltd has launched a new vertical to provide consultancy support to companies looking to enter electric, hydrogen or renewable fuel-based mobility operations. The state-run company is also exploring consulting and certification services in South-east Asia, Africa and Latin America as also rolling stock export options in neighbouring countries to boost its export revenue which had fallen to mere ₹1 crore by the end of the September quarter.

While the smaller towns and cities are seeing thriving demand for manpower with many companies ramping up their presence to meet rising consumer demand, job creation remains muted in the metros as companies tread cautiously amid macroeconomic and geopolitical headwinds, according to staffing companies such as Teamlease Services, Xpheno and Foundit.

Murthy had said productivity has to rise for the country to grow. “So, therefore, my request is that our youngsters must say, ‘This is my country. I’d like to work 70 hours a week’,” he had said.

₹12,000 crore of funds to start the redevelopment work at Mumbai’s Dharavi, Asia’s largest slum, two people directly aware of the development said. On 14 July, the Maharashtra government approved the Adani group to redevelop the crowded Dharavi slum—a complex 590-acre cluster of irregular structures, rickety tenements and decrepit buildings sheltering over 900,000 citizens and hundreds of small commercial setups. A special purpose vehicle (SPV), 80% owned by the Adani group and the rest by the Maharashtra government, was formed in September, following which discussions internally and with the state authorities, including the Mumbai Metropolitan Region Development Authority (MMRDA), have been initiated for the $1.5 billion (nearly ₹12,500 crore) investment, according to the people cited above.

Having achieved a valuation of over Rs 250 crore in about two years of its inception in 2021, Rise Infraventures, a Gurugram-based leading real estate consultancy firm with a strong presence in north and west India, expects to achieve Rs 3000-crore business in FY 2023-24 with 5 operational verticals, and aims to clock sales of Rs 6800 cr by 2025. The firm had achieved sales of Rs 1428 cr in FY 2021-22 as against the targeted Rs 1250 cr and sales of Rs 2182 cr as against the targeted Rs 2000 cr in FY 2022-23, with a growth 52.5%.

odd-even vehicle rationing scheme, a flagship measure of the Arvind Kejriwal-led Delhi government to tackle air pollution, will be reintroduced in the national capital from November 13-20. “We have taken a key decision to reintroduce the odd-even scheme from November 13. It will remain in effect for seven days," Delhi Environment Minister Gopal Rai said, while addressing the press.

JSW Steel, Reliance Industries and ICICI Bank is driving the overall performance. The spread of earnings has been decent, with 74 percent of MOFSL Universe either meeting or exceeding profit expectations. However, growth has been led by the BFSI, O&G, and Automobile sectors, it reviewed.

The Kinetic Group, which runs the red SkyBuses that transfer people from airports to city centres, plans to “shake up” Australia’s transportation industry and join the contest for train and tram network contracts.

₹3 crore were disbursed in each of the top 20 cities in FY22. In the first six months of this fiscal, more than 50 cities have already met that mark," said Ankit Mehra, co-founder and CEO of NBFC GyanDhan." The founder noted that the loan ticket may be marginally smaller because often the counsellors have access to smaller universities abroad.

Real estate developer Group 108 has announced the launch of their latest venture, ONE FNG, a cutting-edge IT/ITES project. With a focus on innovation, sustainability, and an investment of approximately Rs 1000 crore, ONE FNG is set to revolutionize Noida’s commercial landscape.

Delhi AQI News: Aam Aadmi Party (AAP) leader and Delhi Environment Minister Gopal Rai has shared an update on implementing the Odd-Even rule for plying of vehicles in national capital Delhi, as the city suffers a severely poor air quality ahead of winter. Minister Gopal Rai said that they are not deferring the Odd-Even rule as Delhi chokes from intense air pollution.

Arvind Kejriwal that as per the report of the Central Government, Delhi experienced more than 200 days of good air quality. But the task remains. The 10-15 days after 1st November weather changes take place.

Delhi, NCR Pollution LIVE updates Dr Gupta suggested Delhi residents avoid going out early in the morning or late in the evening because the pollution level at that time is very high. Also read: Delhi-NCR air quality in 'severe' category for second day| Pics, videos "Nowadays every road is like a smoking zone. It not only affects patients who are allergic or have asthma but also normal people," the doctor added.

Air Quality Index (AQI) breached the 400 mark at multiple locations, As per the Central Pollution Control Board (CPCB), the AQI stood at 498 in Mundka followed by 491 at Jahangirpuri. AQI at multiple locations in Noida also plunged to the 'severe' category.

Crews began the arduous process of removing layers of rubble and debris from a collapsed coal mine preparation plant in eastern Kentucky Thursday

personal loan, and 24% took a credit card before turning 25. In contrast, those born in the 1980s and now in their early to mid-30s or early 40s accessed credit for the first time at an average age of 28, while those born in the 1970s, currently in their early to mid-40s or early 50s, took their first loans at an average age of 38. The study results point to an increasing acceptance of credit among the young, in contrast to how their elders borrowed only for necessities.

A panel of judges has ruled that it was unconstitutional for Tennessee lawmakers to pass a state takeover of Nashville International Airport’s board without approval from city officials or voters