Metro Financial News
12.08 / 10:01
UPS
Parke
Metro
services
independence day
Delhi Metro services on Independence Day: From train timings to parking, check all details here
Marg from Delhi Gate to Chatta Rail Lothian Road from GPO Delhi to Chatta Rail SP Mukherjee Marg from HC Sen Marg to Yamuna Bazar Chowk Chandni Chowk road from Ring road to Netaji Subhash Marg Esplanade road and its Link Road to Netaji Subhash Marg Ring Road to Rajghat to ISBT Outer ring road from ISBT to IP flyover i.e. Salimarbagh bypass Those vehicles which do not have parking labels for the rehearsals may avoid C-Hexagon, India Gate, Copernics Marg, Mandi House, Sikandra Road, W Point, A point Tikal Marg, Mathura Road, BSZ Marg, Netaji Subhash Marg, JL Nehru Marg, Ring Road between Nizamuddin Khatta and ISBT Kashmere Gate and Outer Ring Road from Nizamuddin Khatta and ISBT via Salimarbagh Bypass.
11.08 / 08:43
UPS
Citi
BLOCK
Waters
Metro
country
Rising flood risks threaten many water and sewage treatment plants across the US
Across the U.S., municipal water systems and sewage treatment plants are at increasing risk of damage from floods and sea-level rise brought on in part or even wholly by climate change
11.08 / 06:17
10.08 / 02:39
Provident
MET
FIVE
AXY
Metro
services
Public sector banks, private banks collected ₹35,000 crore for non-maintenance of minimum balance, other services
₹35,000 crore in charges since 2018, Finance Ministry told Rajya Sabha in a written reply. The banks collected the money on account of non-maintenance of minimum balance, additional ATM transactions and SMS Services Minister of State, Dr Bhagwat Karad, stated that non-maintenance of minimum balance contributed ₹21,000 crore, while excess ATM transactions generated ₹8,000 crore, and SMS services added ₹6,000 crore.
10.08 / 00:53
Citi
Metro
show
beautiful
cover
electronic
ecommerce
Ecommerce growth slows in FY23 as Covid effect evaporates: Report
Unicommerce. Growth in gross merchandise value (GMV) also slowed to 23.5% from 73.6%, the company, which helps merchants and brands sell online and manage their inventory, said in a report. Unicommerce chief executive Kapil Makhija said the slowdown in growth was a sign of stabilisation in the ecommerce industry after a couple of years of tailwind gains from Covid-19.
09.08 / 17:53
Citi
Booking
Dreams
Metro
Shell
Weekend
Room rates go through the roof for long weekend
NEW DELHI : The upcoming long weekend has extended this year’s dream run for India’s hotel companies, with last-minute holiday planners shelling out at least ₹20,000 to spend a single night at any top five-star resort. Taj Lake Palace in Udaipur is charging ₹1.8 lakh for two people for a three-night stay over the weekend, while Taj group-owned Rambagh Palace in Jaipur has a list price of ₹5.9 lakh for four nights for two people for its last few rooms. Accor Group’s Raffles in Udaipur is sold out, while Fairmont in Jaipur charges ₹20,000 a night.
09.08 / 17:29
UPS
CEO
Matthews
Metro
cover
exclusive
Matthew Lau: The NDP wants lower grocery prices but higher wages for grocery workers. How does that work?
The largest strike in the history of Canada’s largest private-sector union, Unifor, is currently underway, with 3,700 workers shutting down 27 Metro grocery stores in the Greater Toronto Area by refusing to work. The strike is supported by NDP Leader Jagmeet Singh, who in the same breath in which he rails against high prices at grocery stores demands grocery stores pay significantly higher prices for the labour that allows them to operate. It is not a political position calculated to demonstrate financial literacy, and is clear evidence the NDP cares nothing about actual food affordability: they just hate businesses earning profits.
09.08 / 15:25
UPS
Citi
Provident
Booking
Metro
awards
acquires
UK’s Malhotra group acquires 300-acre in Ludhiana through NCLT
Malhotra Group PLC, UK- based company, which has business interests in property, care home and leisure across UK, has acquired a stuck project in Punjab’s Ludhiana for around Rs 150 crore. The 300-acre project by Emerald Lands (India) Private Limited was under insolvency process and the National Company Law Tribunal (NCLT) has approved the resolution plan of Malhotra Group PLC after committee of creditors voted in their favour. The company will invest close to Rs 1,200-1,500 crore through FDI in developing the township which include a hotel, health farm, school, golf course and villas and apartments.
09.08 / 14:33
Metro
food inflation
Metro posts massive profit as GTA workers continue to strike
Metro Inc. says earnings surged in its latest quarter, fuelled by higher same-store sales.
09.08 / 14:07
UPS
Citi
FIVE
Pool
Metro
star
Merlin Group Launches Serenia - the Tallest Residential Address on B T Road
Experience a life with limitless freedom and solitude in nature’s bounty! Then look no further than Serenia – The towering residential masterpiece, from the House of Merlin.“North Kolkata exudes an old world charm with its winding lanes, century old buildings alongside traditional box like houses with shared walls. We at Merlin, with decades of experience in crafting architectural masterpieces, are all set to redefine the concept quality living in this part of the city of Joy. Our residential project would break the confines of homogenous environment with a feel of boundlessness and unhindered solitude.
09.08 / 03:43
Provident
Man
Metro
Indian
Indian Railways announces over 2.4 lakh vacancies for various posts. Check how to apply, eligibility details here
Indian Railways recruitment website informed. The Indian Railway Board typically releases recruitment notifications categorized by groups. Within the railway department, all positions are classified into two main groups: Gazetted, which comprises Group 'A' and 'B' posts, and Non-Gazetted, encompassing Group 'C' and 'D' posts.
08.08 / 19:31
MET
Enterprise
Metro
Vodafone
band
NOT
Vi, Adani data networks may not get exemptions over 5G rollout
Vodafone Idea (Vi) and Adani Data Networks are unlikely to be given any extension or exemption from meeting the minimum rollout obligations related to 5G airwaves in the mid band (3300-3600 MHz) and 26 GHz bands and may need to pay financial penalties for the circles that they don't meet the milestones. As per officials, the two firms had sought relaxations for meeting 5G minimum roll out norms.
08.08 / 19:19
UPS
FIVE
Metro
Macquarie
Ex-Macquarie operator rules off $65m raise for non-bank lender Metro
Sydney’s Metro Finance is eyeing its next phase of growth after ruling off a $65 million institutional equity placement.
08.08 / 11:45
08.08 / 05:33
Citi
Waters
Gap
Parke
Metro
show
Traffic
Bengaluru's traffic woes lead to staggering ₹20,000 crore per year: Report
₹20,000 crore per year, NDTV has reported. This study was conducted by MN Sreehari, a traffic expert and his team. They look over issues in the city related to road planning, flyover, traffic management and infrastructural deficit.
08.08 / 02:21
BLOCK
Siemens
CEO
Metro
Stocks in news: Adani Green, HDFC Bank, PB Fintech, Adani Ports, Coal India
Adani GreenPromoter entity Infinite Trade And Investment has sold partial stake in Adani Green through bulk deals on Monday, while a Qatar-based sovereign fund bought some shares.HDFC BankHDFC Bank’s investability weighting in FTSE Emerging All Cap index has increased to 1.52% from 0.81%, following the merger with HDFC.PB FintechPB Fintech Ltd, which runs Policybazaar and Paisabazaar, has narrowed its losses substantially to Rs 11.9 crore in the first quarter. Operating revenue rose 32% to Rs 666 crore.Read more: What changed the market while you were sleepingAdani Ports, Coal India, Siemens, HindalcoShares of Adani Ports, Coal India, Siemens, and Hindalco will be in focus as the companies will announce their first quarter results.BEMLBEML has secured the letter of acceptance (LoA) from Bangalore Metro Rail Corp for supply of Rolling stock contract 5RS-DM valued at Rs 3,177 crore.Inox WindPromoter entity will likely sell shares worth Rs 500 crore in Inox Wind via block deal tomorrow, according to reports.Godrej ConsumerGodrej Consumer's sales rose 10% led by volume growth of 10% in the first quarter.
08.08 / 01:13
UPS
IPO
Enterprise
Metro
Matrix
star
Concord
Another Jhunjhunwala long bet blooms with Concord Biotech offer
Concord Biotech launched its IPO Friday, joining the ranks of the late billionaire's other private investment portfolio companies such as Star Health, Metro Brands and Nazara Technologies that have gone public in the past couple of years. The ace investor often called India's Warren Buffet, first invested in Concord in 2004 and later helped the company's founder in buying back the company from pharma major Mylan in 2009.
07.08 / 23:21
Metro
FedEx
show
performer
audience
concert
song
Beyonce pays $100,000 to extend D.C. Metro train hours for fans. See what happened
Renaissance World Tour performance at FedEx Field during the Washington, D.C. stop on Sunday, August 6, the show's start time was significantly delayed. Recognizing the predicament faced by her devoted fans, Beyoncé, in a remarkable display of compassion, took it upon herself to cover the $100,000 expenses required to extend the operating hours of the D.C. Metro trains by an additional hour. This thoughtful gesture ensured that concertgoers had a reliable means of transportation to return home safely after the extended show. A press release from the Washington Metropolitan Area Transit Authority confirmed that the generous contribution would facilitate the continued operation of all 98 metro stations, enabling concert attendees to exit smoothly and ensuring the necessary operational support. Despite the setbacks, Beyoncé delivered an impressive performance for D.C. concert goers on the rain-soaked night. The show was the second of two at FedEx Field and featured a playful challenge where she dared the audience to stay quiet during a specific song lyric. Notable attendees on the first night included Vice President Kamala Harris, Douglas Emhoff and Malia Obama. The Renaissance World Tour is currently touring North America after a successful European leg that earned $154 million from 21 shows. The tour supports Beyoncé's seventh solo studio album, Renaissance, which includes hit songs like «Break My Soul» and «Cuff It.» The album topped the Billboard 200 chart and produced Grammy-winning tracks.
07.08 / 17:23
COST
UPS
Citi
Provident
Metro
cover
Costs
Know the costs of caring for your elderly parents at home
₹80,000 every month on her dialysis and other costs. “Until last year, her treatment was based on medication. But, one day, she collapsed and had to be hospitalized, Now, she needs dialysis thrice a week.
07.08 / 11:39
UPS
Enterprise
Metro
AGRO
show
star
Potential Winners! How star investors' portfolios shape up after Q1
Here's a brief look at what the portfolios of these star investors are looking like post the first quarter.Rekha JhunjhunwalaAce investor Rekha Jhunjhunwala, who inherited the assets of the late Rakesh Jhunjhunwala, has raised stakes in three companies — Escorts, Titan and Tata Communications — during the June quarter. Rekha has also cut stakes in Metro Brands, Autoline Industries, Rallis India, Geojit Financial, Raghav Product Enhancers, and Agro Tech Foods in the same period, showed Trendlyne data.
07.08 / 11:39
Citi
Lowe's
FIVE
Mobile
Align
Parke
Metro
Kolkata tops India with 2,448 cars per km; Most roads cross vehicle-carrying capacity
Kolkata Police have revealed that Kolkata boasts the highest vehicular density among all Indian metros, with 2,448 vehicles per kilometre of road. This finding echoes the lived experience of many Kolkatans, who are grappling with increasingly prolonged commutes due to mounting traffic congestion. Over the past five years, average trip times within the city have doubled, aligned with a significant surge in personal vehicles and a decline in public transportation, primarily attributed to the pandemic.
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