Metro Financial News

Bengaluru are on the rise as incidents of stolen milk packets have surfaced, especially in the early hours. The thefts, which have garnered attention on social media, are now raising concerns among milk vendors, consumers, and local authorities, a TOI report stated.

Delhi Metro Rail Corporation (DMRC) on Thursday announced that the Blue Line services would be disrupted throughout he day due to cable theft between Moti Nagar and Kirti Nagar stations. DMRC said that passengers could expect delays on one of the busiest lines because of the incident. In a statement, the corporation said that the issue would only be resolved after operational hours, leading to restricted train speeds during the day.

Subscribe to enjoy similar stories. Audio entertainment startups Pocket FM, Kuku FM, and Pratilipi FM are gaining in popularity, especially beyond the metro cities, thanks to affordable subscription plans and a wide variety of fiction and non-fiction content that keeps users glued to the platforms. The emergence of artificial intelligence and the creation of more regional content are only expected to spur growth for these platforms, with some shows raking in as much as ₹100 crore, company executives and investors said.

Subscribe to enjoy similar stories. NEW DELHI : Vodafone Idea Ltd’s revenue market share declined to an all-time low of 14.5% for the quarter ended 30 September 2024, as it lost share in all circles despite having reported revenue growth for consistent quarters. Market leaders Reliance Jio Infocomm Ltd and Bharti Airtel Ltd gained at the expense of the country's No.

Best energy-efficient room heaters: Top 10 smart heating solutions for comfort and savings all winter longWith rising air pollution in Delhi and other metros, a portable air purifier helps eliminate allergens, dust, and pollutants, ensuring a healthier breathing environment. Many purifiers are equipped with HEPA filters to remove fine particles, making them particularly beneficial for those with allergies or respiratory issues. Their compact size makes them easy to place on desks, ensuring clean air throughout the day.A USB-charged portable electric kettle is a versatile gadget for making hot beverages on demand.

Yellow Line, which will ultimately connect Barasat to Kolkata, a TOI report stated. Speaking at a meeting inside the airport metro premises on Tuesday, Metro Railway General Manager P. Uday Kumar Reddy reiterated the project's timeline, emphasizing that all efforts are focused on achieving the March 2025 target. Officials assured Reddy that trial runs along the 4-kilometer segment between Dum Dum Cantonment and Jai Hind station will commence as planned in December. The adjoining 3-kilometer stretch between Noapara and Dum Dum Cantonment had undergone test runs last year and received the necessary safety clearances from the Commission of Railway Safety (CRS). Phase I of the Yellow Line has since been extended to include the airport.

Subscribe to enjoy similar stories. Urban India’s shopping carts are losing their heft. After a pandemic-era spree on everything from electronics to grooming services, city dwellers are pulling back, leaving manufacturers and service providers grappling with sagging sales.

Grocery and drugstore retailer Metro Inc. ended its “transition year” with fourth-quarter earnings of $219.9 million, with an almost $1-billion supply chain transformation in the rearview mirror and plans to grow its store footprint in the coming year.

Subscribe to enjoy similar stories. Adani Data Networks, a subsidiary of Adani Enterprises, which bought 5G spectrum in the 26 GHz band in the 2022 auctions, is mulling surrendering the airwaves after more than two years of not putting them to use, said four people aware of the development. The company has not formally communicated its intent to surrender the airwaves but neither has it shared details of whether or how it intends to use the airwaves, according to two senior government officials.

The company will also be opening a second such flagship store in Bengaluru later this week, with plans to open 25 more such stores across the country by next year, chief business officer Sudhir Goel told ET. Goel said Acer is the first IT hardware company to open a store encompassing products across both IT and non-IT categories. “Let’s say when a family walks into the store for an experience of IT products, they can also see the variety of consumer electronics which are in high demand. That’s the concept behind the store in Ahmedabad. We will be opening a second one in Bengaluru on Friday,” Goel said.

Subscribe to enjoy similar stories. Maruti-Suzuki, India’s largest carmaker, told investors last month that demand for cars remained “muted" and that it was planning higher discounts to push sales. It is also pinning hopes on sales of premium cars in rural areas, as is Hindustan Unilever, the country’s largest mass consumer packaged goods firm.

AI-powered startups are emerging across the Indian heartland in places ranging from Shillong in the NorthEast to Raipur in central India and across Coimbatore and Kochi in the south. These ventures are riding on local talent, cost efficiency and the need for diverse inputs to build the curated, Indic language technology models and services that the AI revolution is seeding. With access to cheaper talent, lower rentals and operational expenses, better quality of life than the metros and remote working arrangements, these companies do not feel the need to migrate to the metros as yet. Tech knows no bounds

Subscribe to enjoy similar stories. New Delhi: With Delhi’s air quality in the ‘severe’ category in several parts, the Union government plans add 15-20 more air quality monitoring (AQM) stations in the National Capital Region (NCR), in addition to the existing 40, two officials said. Installation of more AQMs will help the government determine the sources, identify areas and come up with solutions to mitigate NCR pollution.

Air Quality Index (AQI) recorded in the «severe» category. The minimum temperature was 15.9°C, which is 1.8°C above the seasonal average, as per the India Meteorological Department (IMD). At 9 am, the AQI reached 429, according to the 'Sameer App', which provides hourly updates from the Central Pollution Control Board (CPCB). On Saturday, the 24-hour average AQI had been 417 at 4 pm. AQI readings are categorised as follows: 0-50 (good), 51-100 (satisfactory), 101-200 (moderate), 201-300 (poor), 301-400 (very poor), and 401-500 (severe).

Trom Industries has reported a nearly 100% rise in net sales, reaching Rs 46.24 crore for the half-year period ending September 2024, compared to the same period last year. The company, which specializes in industrial solar power plants, ground-mounted solar power plants, and solar street lights, also saw its half-yearly net profit rise by 108.77% to Rs 4.13 crore. «TROM continues to deliver profitable growth by capitalizing on optimism in the market and improved consumer demand. This remarkable growth underscores the increasing market acceptance of our innovative products and services, reflecting our commitment to excellence and our strategic expansion in the rapidly evolving solar market. Recently, the company was awarded solar project contracts worth Rs 33 crore from Gujarat Metro Rail Corporation (GMRC) and Corona Remedies. Our focused approach has driven this growth, and our cost-conscious strategies have contributed to yet another record quarter of profitability,» said Jignesh Patel, Managing Director of Trom Industries. The company has also recently secured a work order worth Rs 33 crore from GMRC for a period of 5 years. With an order value exceeding Rs 20.70 crore, the supply for this project will be completed within the current financial year in a phased manner. Additionally, Trom Industries has received a purchase order from Corona Remedies for the installation of a grid-connected ground-mounted solar PV plant.

Global capability centers (GCCs), once seen as mere back-office support for large corporations, have evolved into significant players in India's tech industry. Indian GCCs have showcased India's tech talent pool to global companies, leading to increased job opportunities. As per the latest Nasscom-Zinnov India GCC landscape report, the number of GCCs set up in India has increased to 1,700 in FY24, generating $64.6 billion in export revenue and employing over 1.9 million people. Sangeeta Gupta, senior VP and chief strategy officer at Nasscom, had told ET that the country's talent pool is the key driver of GCC growth. «GCCs are increasingly important to their parent enterprises, focusing on moving up the value chain, creating opportunities for future leadership, and enhancing their overall impact,» she said.

Not long ago, Polk County’s biggest draw was citrus

‘The Big Money Show’ co-host Brian Brenberg breaks down the latest Fox News’ voter analysis poll and its expected impact on the election for the Democracy 2024 panel.

India International Trade Fair (IITF) set to commence Thursday at Pragati Maidan, the Delhi Traffic Police has released an advisory to manage anticipated high volumes of traffic. The advisory comes as nearly 60,000 visitors are expected daily, with the number likely to surge to 150,000 on weekends and holidays.

Britannia Industries executive vice-chairman and managing director Varun Berry said metropolitan cities dragged the overall fast-moving consumer goods (FMCG) market in the previous quarter amid surging housing costs and lower wage growth. Consumers in metro cities contribute about a third to the urban market for the FMCG sector, but they accounted for 2.4 times to the slowdown, said India's biggest biscuit maker by value.

The Financial Conduct Authority identified failings between June 2016 and December 2020 and said they occurred despite concerns being raised by junior staff as early as 2017, the regulator said today (12 November) in a statement. «Metro's failings risked a gap being left in our defence against the criminal misuse of our financial system. Those failings went on for too long,» said Therese Chambers, joint executive director of enforcement and market oversight at the FCA. Treasury expected to start looking for next FCA CEO – reports Metro said it had fully co-operated with the FCA and...