Geeta Nair

Kinetic-Tonino Lamborghini aim Rs 500-crore biz from off-road EVs

Kinetic Green Energy & Power Solutions and Tonino Lamborghini of Italy have got into a 75:25 joint venture to design and manufacture premium electric and solar golf carts for the global market under the Tonino Lamborghini bra

Industry News

Persistent, R3 bag UK land registry project

R3’s global team of over 180 professionals in 13 countries is supported by over 2,000 technology, financial, and legal experts drawn from its global member base. R3 is backed by investment of over $120 million from more tha

Industry News

India topples Malaysia! It is now 3rd largest country visiting Singapore

India has toppled Malaysia to become the third largest country visiting Singapore. China tops the list of visitors to Singapore, followed by Indonesia in the second position. 

Economy News

MP to mediate in Racold plant closure case

According to workers union, there were 97 permanent and 40 temporary workers at the Chakan plant.

Industry News

Going urban: 5,200 farmers pool land for Hitech city in Pune

Maharashtra CM Devendra Fadnavis will launch the Hitech City project in Pune on Friday.

Infrastructure News

Urban Mobility Lab: Think & do tank plans major makeover for Pune’s transportation

The first Urban Mobility Lab would be developing smart mobility solutions for Pune that can be replicated across Indian cities,

urban, urban mobiles, transport sector, transport industry News

Pune to Mumbai in 25 minutes! Check key facts about multi-crore Hyperloop project

The Hyperloop project proposes to complete the journey from Pune to Mumbai in 25 minutes. The proposed project will line Pune from Wakad to BKC in Mumbai.

Infrastructure News

Racold in hot water after sudden closure of its Pune plant

Racold, the leading electric water heater brand in the country, suddenly shut its Pune plant in Chakan with effect from November 1.

Industry News

On Track: Latur rail coach factory to start work with Rs 500 crore investment

This will be the second factory making rail coaches after Modern Coach Factory in Raebareli. The rail coach factory in Latur will be on the lines of the MCF.

Infrastructure News

Pune civic body to raise Rs 1,000 crore via Muni Bonds

The Pune Metropolitan Regional Development Authority (PMRDA) has started working on its proposed issue of municipal bonds.

pune, pune civic body, pune news

Pune airport seeks international status

The airport is set to fly 12 million passengers next year with the number of flights increasing to 57,000 per year from 30,543 currently while cargo movement was growing at 54% y-o-y for the year till date.

Airlines/Aviation News

Ensono takes over Wipro’s hosted data services

A part of team operating out of Wipro office moved into Ensono's new office from October 1.

Industry News

Dairy industry, farmers seek cut in GST rates

The GST on ghee and butter is hurting the dairy industry and farmers alike and they want the rates to be reduced. The GST on butter and ghee is at 12%.

Industry News

Japan’s Kubota Corp drives into India with its engines

From October 2020, off-road vehicles and machinery will have to adhere to the new emission norms. Japanese engine maker Kubota Corporation sees this as an opportune moment to get into the Indian market.

Japan, Kubota Corp, India, Indian market, Kubota Corporation, Kubota Agricultural Machinery India, industrial, agricultural News

Tata-Siemens consortium wins bid for Rs 8k-cr Pune Metro line

Work order for the Rs 8,313-crore Metro Line 3 project based on a PPP model was awarded to the Tata-Siemens consortium on October 3 in Mumbai.

Tata-Siemens, Tata-Siemens consotium, Pune Metro, Pune Metro line, PPP model, Devendra Fadnavis News

Japan’s NTT invests in medical imaging AI start-up DeepTek

Japanese IT service provider, NTT DATA has invested in medical imaging AI start-up company DeepTek. NTT has not disclosed the size of investment.

NTT DATA, Japanese IT service provider, medical imaging, AI start-up company, DeepTek News

Better than Swachh Bharat model? How Pune is getting it right with its slum toilets

A cost-sharing model is proving to be a better way of building household toilets and becoming an open defecation-free country.

Pune, cost-sharing model, toilets, toilets in slums, Swachh Bharat Mission, Shelter Associates, india news

Druva inches closer to $1-bn valuation mark

Druva, a cloud data protection and management product company, opened its new product development centre in Pune with plans to hire 1,000 people in two years.

dhruva, india, technology News

Cosmos Bank hackers were involved in City Union Bank heist: Police

After arresting seven persons in connection with the Rs 94-crore Cosmos Bank online heist last month, the Special Investigation Team of Pune police said some of those arrested in the fraud were also involved in the cyberattac

Industry News

Atlas Copco India to focus on industrial business

The Atlas Copco Group has restructured its business globally and this has led to restructuring of business in the Indian operations, Atlas Copco (India), which will now solely focus on compressor, pumps, vacuum and tools in t

Atlas Copco, Atlas Copco india, industrial business, Brooks Automation, Edwards Group, Mats Rahmstrom, industry news

Panel suggests creation of stressed asset fund to deal with stuck housing projects

A holistic approach is needed to solve the problem of three lakh affected homebuyers suffering because of stalled projects where the builders are unable to navigate forward due to constraints, housing and urban affairs minist

housing projects, Hardeep Singh Puri, stressed asset fund, stuck housing projects, Uttar Pradesh government, Rera Act News

Talwalkars-David Lloyd Club takes off in Pune

After setting up 200 health clubs across all price segments from budget to premium what next can you do and move to the next level.

talwalkars, david llyoid club News

Pune airport to implement Rs 1000 crore expansion plan over the next 2 years; here is what AAI plans to do

The Pune airport will see investments of Rs 1,000 crore over the next two years, and the funds will be used for expanding the terminal, cargo handling facilities, roads and parking space to augment capacity.

Economy News

Force Motors to acquire MAN Trucks’ Pithampur facility

MAN India has a team of 400 employees at the plant, including shopfloor and administration, and the agreement ensures continuity of employment, MAN stated.

man trucks, force motors News

MAN Trucks offers golden handshake to 150 India staff

After announcing plans to exit the Indian market, MAN Trucks India is offering its employees a package to soften the blow of shutting down operations in India

MAN Truck,  golden handshake, MAN Trucks India, gross salary, MAN  News

Pune-based Cosmos Cooperative bank takes Rs 94-cr hit from cyberattack

Rs 78 cr were transferred outside India and withdrawn across 28 countries using cloned cards of the bank.

Markets News

Canadian pension funds keen to invest in Pune infrastructure

Around Rs 85,000 crore is needed for upgrade and new infrastructure in the city

Canadian pension funds, Pune infrastructure, Pune Municipal Corporation,  Pune Metro project, PMRDA News
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