Metro Financial News

in Delhi on July 29, August 15, September 7 and September 28. “Delhi Chief Minister Arvind Kejriwal approved a proposal of excise department for a ban on liquor sale on Muharram, July 29, Independence Day, August 15, Janmashtami, September 7, and Eid-e-Milad on September 28," said a Delhi government statement.

The Chinese city of Shaoxing is planning an Asian Games-themed digital yuan giveaway, as the nation prepares for a major central bank digital currency (CBDC) showcase.

Ghaziabad has led to a challenging situation in the affected areas of Ghaziabd and Noida. The last time a situation like this emerged was 45 years ago when this tributary of the Yamuna river was flooded in 1978, and the impact of the flood was observed until the old bus stand in Ghaziabad city. The Hindon is a rain-fed river that flows from the lower Shivalik hills near Saharanpur, Uttar Pradesh.

Bengaluru Metro Rail Corporation Limited (BMRCL) and others on a petition filed by a man, who lost his wife and minor child in the Namma Metro pillar collapse incident here earlier this year, seeking compensation. Petitioner Lohitkumar V Sulakhe filed a writ petition demanding a compensation of Rs 10 crore, claiming that the accident had occurred due to the negligence of BMRCL authorities.

After receiving approval last year to finance infrastructure projects, state-owned Power Finance Corporation is looking to venture into funding ports, airports, refineries, and metros in addition to its traditional lending to utilities. The power financier has also earmarked 20% of its borrowing for foreign markets and will be exploring US dollar, euro and yen-denominated issuances, said Parminder Chopra, director-finance in an interview with ET. Edited excerpts:Your ongoing issue is the first public issue launched since January 2021. What prompted it now and can we expect more such issues this year? In 2021 we took a significant step and decided to make the public at large to be a partner in the growth story of the Indian power sector.

Excise department of city government has red-flagged the relaxation and sought it to be changed for being contrary to the law. As per the Excise Act, only one sealed bottle of liquor like rum, vodka and whisky could be carried from one state to another, said a senior Excise department officer. The Metro trains ferry commuters between Delhi and NCR cities like Noida, Ghaziabad, Gurgaon and Faridabad and allowing two sealed bottles to be carried by any person will be in violation of the Act, the officer added.

Royal Enfield announced on Tuesday that its Hunter 350 model has achieved a remarkable milestone, surpassing cumulative sales of 2 lakh units in less than a year since its launch. The Hunter 350 was introduced in August 2022 and reached the 1-lakh sales mark in February 2023. Within just five months since then, it accomplished the next 1 lakh units in sales, as stated by Royal Enfield.

L&T’s consolidated net profit in Q1FY24 is expected to grow around 25% year-on-year (YoY) to ₹2,130 crore, according to average analysts’ estimates. The infrastructure giant may report revenue growth of about 13% YoY in the first quarter of FY24 at ₹40,500 crore. On the operational front, L&T’s Q1 earnings before interest, taxes, depreciation and amortization (EBITDA) may rise 15% YoY to ₹4,565 crore, while its EBITDA margin is expected to expand by 29 basis points (bps) to 11.3%.

₹200 crore on its release in 2019 and moderate success at around ₹70 crore with Sushant Singh Rajput-starrer Kedarnath. At UTV, Screwvala was known for backing smaller films and offbeat narratives including sleeper hits such as Khosla Ka Ghosla, Life…in a Metro, Mumbai Meri Jaan, A Wednesday!, Oye Lucky! Lucky Oye! and later The Lunchbox, long before Bollywood discovered such high-end, urban themes for multiplex audiences.

Asian Paints Ltd report double-digit year-on-year (YoY) growth in profit for the June quarter. The consolidated net profit is seen rising nearly 35% YoY to Rs 1,371.30 crore, according to the average of estimates given by 9 brokerages. The revenue is expected to grow nearly 10% YoY to Rs 9,408 crore, the estimates showed.

The consolidated net profit is seen rising 26.3% year-on-year (YoY) to Rs 2,149 crore, according to the average of estimates given by 9 brokerages. The revenue is expected to grow nearly 14% YoY to Rs 40,710 crore. The Nifty50 constituent is set to release its earnings on Tuesday.

The death of an older Arizona woman when her electricity was cut during a heat spell five years ago spurred changes in shutoff rules

Kansas City metro area is under a severe thunderstorm watch issued by the National Weather Service, lasting from 5 a.m. until noon on Monday. The watch includes parts of Kansas, Missouri, and Iowa.

DevX has set up a coworking center spread over 1.80 lakh sq ft on Sindhu Bhavan Road in Ahmedabad. This hub, the managed office space provider’s fourth facility in Ahmedabad, has over 3,000 seats and is the largest coworking space in Gujarat.

Gurugram is one of the most desirable luxury real estate markets in North India. Assimilation of international technology to meet modern-day consumer demand, which typically consists of millennials and Gen-Zs, has slotted Gurugram as one of the most viable hotspots for luxury residential units, says Vikas Garg, Joint Managing Director, Ganga Realty.

Apollo Hospitals plans to have a transplant programme in all its locations along with collaborations with hospitals outside its network, as it sees rising demand from within India and overseas. In an interview to ET, Preetha Reddy, executive vice-chairperson of Apollo Hospitals said, every location Apollo is present will do kidney and liver transplant, but heart and lungs transplants will be done at its large hospitals in metro cities due to infrastructure and talent acquisition issues.

Meerut, Karnal, Rewari, and several other small towns surrounding Delhi are witnessing a boom due to the spoke and hub model pursued by the Central and state governments. These towns are becoming highly sought-after real estate destinations due to the introduction of metro systems, Rapid Rail Transit Systems (RRTS), and well-connected expressways.

mosques in the national capital. The Railways recently issued notices to a mosque in the Bengali Market area and another near the Pragati Maidan metro station, asking them to remove encroachments within 15 days. A Northern Railways (NR) spokesperson said the structures are on railway land along the main route between New Delhi and Ghaziabad.

Bengaluru bus driver being issued a challan did not escape the hawkish eyes of the netizens either. But first a little about the picture. A Bengaluru school bus driver took a wrong U-turn on a busy road near the Garudacharpalya metro station in Bengaluru.

BRICS Urbanisation Forum that was inaugurated in New Delhi in February 2013 will have its first in-person follow-up in the South African city of Durban next week. During the two-day gathering that begins on July 26, the delegates from the five-nation BRICS bloc will discuss some of the key urban developmental issues to understand how globally cities are becoming more resilient towards these challenges.

Prime Day event witnessed strong growth in Prime membership, and highest engagement with 14 per cent more members shopping than last year’s Prime Day event.    Commenting on the success of the shopping event, Akshay Sahi, Director, Prime and Delivery Experience, Amazon India said, “I would like to thank our sellers, brand partners and Prime members who helped make this Prime Day the biggest ever in India. Brands and sellers across categories received a great response from Prime members from metros and Tier 2 & 3 cities and towns across India.