Metro Financial News

Hero Electric Vehicles for a corporate insolvency resolution process in an application filed by its operational creditor Metro Tyres. The National Company Law Tribunal appointed Bhoopesh Gupta as interim resolution professional for the EV maker.

Subscribe to enjoy similar stories. Niche American dramas and small-scale Hollywood films such as Tom Hanks-starrer Here and Michael Keaton’s comedy Goodrich have seen reasonable box-office success in India, buoyed by premium pricing, despite the noise around steep ticket prices deterring footfalls at theatres.

Subscribe to enjoy similar stories. Today, 25 December, is a very special day for all of us. Our nation marks the 100th jayanti of our beloved former prime minister, Shri Atal Bihari Vajpayee ji.

Subscribe to enjoy similar stories. India's housing finance sector saw a tenfold jump in primary fundraising in 2024, as venture capital and private equity firms sought to diversify their portfolios with assets perceived as relatively less risky. Rising housing demand, as well as the ability of mortgage lenders to contain costs at crunch times and generate sustained returns have attracted investments, investors and industry experts said.

largest metro network in the world, Union Housing and Urban Affairs Minister Manohar Lal has said, underlining that 997 kilometres of metro rail is currently under construction in the country, an official statement stated on Thursday. In his address to consultative committee members of Parliament attached to the HUA ministry on Wednesday, the minister said that the government is working relentlessly to strengthen the urban transport network across the country, the statement stated. Manohar said that urban mobility is an important aspect to tackle the rising urban population, adding that India will soon have the second largest metro network in the world. «About 993 kilometres of metro rail is operational in 23 cities across the country and about 997 kilometres is under construction in 28 cities in the country...India is well on its way to have the 2nd largest metro network of the world,» the statement quoted the minister as saying.

Indian software engineer, Sayani B, shared that relocating from Bengaluru to London has made her generally happier, despite London’s high cost of living. Posting on X, she sparked a lively debate about the advantages and challenges of living in India versus abroad. Sayani revealed that although she couldn’t pinpoint a specific reason, her overall sense of happiness had increased since moving to London a few months ago. “I’ve been living in London for a couple of months now, and I’m generally happier. I can’t exactly say why, but it’s an overarching feeling,” she tweeted. Commenters on her post shared their thoughts on why she might feel happier abroad.

UAPs) across several US states which included New York, New Jersey and Pennsylvania have eventually sparked widespread speculation and conspiracy theories, reported Metro. According to Metro, these sightings have been attributed to various explanations which include drones, planes and even potential foreign surveillance. During such times, the FBI has stated that they do not pose a national security threat but the lack of clarity has fueled panic among the public. Also Read :Landman: Here’s Episode 7 release date, where to watch, upcoming episode schedule and cast

Afcons Infrastructure, a subsidiary of the Shapoorji Pallonji Group, are in focus after the company received a Letter of Acceptance (LOA) from Madhya Pradesh Metro Rail Corporation for the Bhopal Metro Phase 1 project worth Rs 1,007 crore. «We hereby inform you that the Company has today received Letter of Acceptance (LOA) from Madhya Pradesh Metro Rail Co. Ltd formally confirming our selection and the award of the said Project to the Company», company said in an exchange filings.

Subscribe to enjoy similar stories. New Delhi: Those planning to travel between metro cities this year-end are in for a treat. According to data from ticket booking portals, airline ticket prices between metropolitan cities have crashed by almost a third this month compared to December 2023.

Arvind Kejriwal has written a letter to Union Home Minister Amit Shah requesting a meeting to discuss concerns regarding law and order in Delhi. The AAP convenor has raised concerns and pointed out that despite Delhi's law and order being under the central government's control, the city is increasingly being recognized as the «crime capital» across the country India and abroad. He cited worrying statistics, including Delhi's top ranking in crimes against women and murder cases among 19 major metro cities in India.

Supreme Court on Wednesday sought response from Reliance Infrastructure-owned Delhi Airport Metro Express Pvt Ltd (DAMEPL), Axis Bank and their managing directors as to why contempt proceedings should not be initiated against them for failing to comply with an order to return more than ₹4,500 crore, including interest, to Delhi Metro Rail Corporation (DMRC). DMRC had filed a contempt-of-court petition against DAMEPL and Axis Bank, accusing them of «wilfully disobeying» the court's order to refund the amount that the corporation had deposited in an escrow account against an arbitration award. The apex court had in April set aside the 2017 arbitration award. A bench led by Justice Surya Kant, however, exempted the top brass of DAMEPL and Axis Bank from personal appearance before it.

The Corcoran Group founder Barbara Corcoran argues that a massive mortgage rate drop would be ‘tremendous’ for the markets during an appearance on ‘Cavuto: Coast to Coast.’

Instagram influencer decided to adopt an unconventional approach by taking up the “24-hour begging challenge.” He posed as a beggar on the streets of Kolkata to explore how much money he could earn in a day by just begging. Pantha Deb, a Bengali vlogger shared a video of his begging experience on the streets of Kolkata. The clip begins with the influencer explaining his concept to his followers. Dressed in a torn T-shirt and jeans, he takes up a spot beneath a bridge, holding a bowl to collect donations from passers-by. The footage documents the varied reactions of people as they encounter him begging on the streets. While some offered money, others walked past without engaging. He started off by earning Rs 20, then earned Rs 4 from two persons and lastly, he was given Rs 10 currency, making a total of Rs 34. At the conclusion of the day-long experiment, the influencer donated all the money he had collected to an elderly homeless woman, adding a compassionate touch to the project. The video has sparked conversations among viewers, highlighting both the lengths influencers go to for content and the socio-economic realities faced by those living on the streets.

Subscribe to enjoy similar stories. Bengaluru: Ankita Vashistha, founder and managing partner of venture capital firm Arise Ventures, had a disappointing experience with Bengaluru-based home interior company Livspace when she hired it to design a rented-out home three-four years ago. While she initially admired the concept and the experience centres, the whole process and the final outcome left her disappointed.

Diljit Dosanjh’s recent concert electrified the city. The Punjabi pop star’s performance left a lasting impact on fans, with the magic extending well beyond the concert venue. A spontaneous singalong on the Bengaluru metro and a surprise appearance by Bollywood star Deepika Padukone captured the city's spirit in full swing.

Subscribe to enjoy similar stories. The Indian Railways plans to run dedicated Vande Bharat parcel trains on specific routes to capture a chunk of goods shipped by online marketplaces like Amazon and Flipkart that use road and air cargo for faster shipments, two people aware of the development said. The railways have begun designing freight trains on the lines of its Vande Bharat passenger express.

Subscribe to enjoy similar stories. Once a budget brand, this company is now focusing on premiumization. It's also expanding its store network and e-commerce presence.

Mishtann Foods, Canara Bank, Nykaa, Ola Electric, Dr Reddy's among others will be in focus due to various news developments. Mishtann Foods Capital markets regulator Sebi has directed Mishtann Foods to bring back nearly Rs 100 crore, an amount the company allegedly misappropriated through dubious transactions with related parties.

Myntra, India’s largest online lifestyle and fashion retailer, has joined the quick-commerce bandwagon, launching a 30-minute delivery service called M-Now in Bengaluru that it plans to expand to cities like Mumbai, New Delhi and Pune in the coming months. Myntra is entering the segment with an extensive assortment — about 10,000 stock-keeping units (SKUs) to start with — compared with a limited number of lifestyle and fashion products like regular t-shirts and innerwear offered on quick-delivery platforms such as Blinkit, Zepto and Swiggy Instamart. It started a pilot project last month and the service is now live in some areas of Bengaluru. M-Now will deliver fashion and beauty products and accessories within 30 minutes using dark stores, or micro warehouses, run by third parties as well as retail stores of fashion brands, Myntra chief executive Nandita Sinha told ET.

immediate financial needs. These range from working capital expenses, purchasing raw materials and consolidating debt. Consumers suggested that they need working capital to cover salaries and rent, pay utility bills, vendors and suppliers, and to manage routine day-to-day operations. The report by Paisabazaar shows that less than 30% of businesses applied for loans on future growth initiatives like marketing, brand building, upgrading machinery, or acquiring additional office space for expansion. The study revealed that nearly 45% of business loan applications were driven by the need for working capital expenses, highlighting the persistent liquidity challenges and short term cash flow gaps faced, especially by small businesses, in managing their day-to-day operations.