Ludhiana Civic Body Eyes Commercial Property Auction for Revenue
Ludhiana's cash-strapped municipal corporation plans to auction commercial properties across the city to generate funds, targeting Rs 50 crore in the 2026-27 budget.
Category : Business
Markets May Consolidate with Positive Bias
Indian markets showed resilience with Nifty Midcap 100 up 0.7% and Nifty Smallcap 100 up 2.5%. Analysts expect consolidation with positive bias.
GU Approves Deficit Budget of Rs 48.8 Crore in Final Meet
Gujarat University's board of management and executive council held their final meeting, approving a deficit budget of Rs 48.8 crore for 2026-27 and new academic courses.
Woman Arrested After 5 Months for Rs 10 Lakh Education Fraud
Charkop police arrested Shraddha Gadekar, wanted for five months, for duping a Kandivli doctor of Rs 10.11 lakh on pretext of overseas education. Firm owner Stella Mehta and husband also accused.
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Nissan India Interview: Strengthening Key Segments
Nissan aims to regain its former top-five position in India by focusing on key segments, leveraging past successes like Micra and Terrano.
Major Fire at Tata Vendor Plant in Ahmedabad's Sanand GIDC
A major fire broke out at a Tata vendor company in Sanand GIDC, Ahmedabad, on Sunday. No injuries were reported, but several plant sections were gutted. Firefighting operations continued for hours.
Kerala CM Demands Withdrawal of Cooking Gas Price Hike
Kerala Chief Minister Pinarayi Vijayan urged the Union government to withdraw the cooking gas price hike, calling it a burden on common people and small businesses.
Thieves Steal Rs 70 Lakh Goods from Navi Mumbai Warehouse
Thieves stole imported goods worth over Rs 70 lakh from a custom bonded warehouse in Uran, Navi Mumbai. Items include branded shoes, bracelets, stitching machines, and coffee cups. An FIR has been filed.
Dharashiv DCC Bank to Sell 93 Acres of Terna Sugar Factory Land
The Dharashiv DCC Bank approved selling 93 acres of Terna sugar factory land to recover Rs 312 crore in defaulted loans amid a liquidity crisis.
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US Lifts Travel Ban for Foreign Doctors Already in Country
The Trump administration quietly exempted physicians from its travel ban on 39 countries, allowing foreign doctors already in the US to continue working and processing visas.
Punjab wheat procurement nears completion, 98% arrived
Punjab's wheat procurement is in its final phase, with over 98% of the estimated 122 lakh tonnes arriving in mandis. Of 119.9 lakh tonnes received, 99% has been procured, but lifting remains slow at 56%.
Tambaram Residents Struggle with Power Cuts Amid Summer Heat
Residents of Tambaram Corporation face prolonged power cuts and voltage fluctuations as summer temperatures soar, causing distress and damage to appliances.
Omfed Raises Milk Prices by Rs 4 per Litre
Omfed increased milk prices by Rs 4 per litre from Sunday, citing rising gas, transportation, and raw material costs. Farmers will get Re 1 more per litre for cow milk and Rs 1.60 for buffalo milk.
Indian-Origin Banker Faces Bullying Allegations After $52M Hire
Vis Raghavan, an Indian-origin banker, faces scrutiny over bullying allegations at JPMorgan after joining Citigroup with a $52M package. Citigroup defends the hire.
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Duvvada Station 9th in ECoR Revenue Ranking 2025-26
Duvvada railway station secured 9th position among top 20 revenue-generating stations in East Coast Railway Zone for 2025-26, earning Rs 41.37 crore and handling over 30 lakh passengers.
Duvvada Station 9th in Revenue Among ECoR Stations
Duvvada railway station secured 9th position among top 20 revenue-generating stations in East Coast Railway Zone for 2025-26, earning Rs 41.37 crore and handling significant passenger traffic.
NHAI Criticized for High Toll on Amaravati Highway Despite Cost Recovery
Commuters and APSRTC criticize NHAI for high toll charges on the Chennai-Kolkata NH near Amaravati, alleging that despite recovering project costs years ago, toll fees have increased instead of being reduced by 40% as per rules.
Fed's Barr warns private credit stress could trigger contagion
Federal Reserve Governor Michael Barr warned that stress in the private credit market could cause psychological contagion, spilling into the broader financial system, as regulators monitor rapid growth.
IIT Madras incubation cell targets more unicorns, IPOs
IIT Madras Incubation Cell's portfolio crossed 567 startups with a combined valuation of Rs 74,100 crore. CEO Dr Tamaswati Ghosh outlines plans for more unicorns and IPOs, diversified funding, and focus on deep-tech sectors.
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Tata Power's Skilling Push Drives Solar Manufacturing in TN
Tata Power built a solar facility in Gangaikondan, TN, with extensive local skilling. 80% of shopfloor workers are women, and the plant achieves 55% localisation, targeting 70-75% in 2-3 years.
Fed Warns Private Credit Stress Could Trigger Contagion
Federal Reserve Governor Michael Barr warned that stress in the private credit market could cause psychological contagion, potentially spilling into the broader financial system.
BLDE Institution Supports Two Needy MBBS Students
BLDE Institution provided financial aid to two economically disadvantaged MBBS students in Vijayapura, covering tuition and living expenses to help them achieve their medical dreams.
Belagavi Hotels Hike Food Prices 7-10% After LPG Surge
Hotel owners in Belagavi have increased food prices by 7% to 10% following a steep hike in commercial LPG cylinder rates, impacting consumers and the hospitality sector.
Coastal Karnataka's road and rail upgrades at KCCI forum
Key infrastructure upgrades in coastal Karnataka, including NH-75 and NH-66 improvements, railway electrification, and a proposed bypass, were discussed at the Kanara Chamber of Commerce and Industry's forum.
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Hotels in Dakshina Kannada to Hike Menu Prices by 10-15%
Hotels across Dakshina Kannada plan to increase menu prices by 10-15% due to a sharp rise in commercial LPG cylinder rates, along with higher ingredient costs and wages. Some eateries have already implemented partial hikes.
Delhi-NCR Office Leasing Falls 28% in Q1 2025
Delhi-NCR office market saw gross leasing drop 28% to 3 million sq ft in Q1 2025 due to lower new supply. Net leasing fell 60%. Long-term outlook remains strong.
Bank Manager, Staff Booked for Rs 4.15 Crore Fraud
An FIR was registered against a bank manager and staff in Pilibhit for allegedly withdrawing over Rs 4.15 crore from a rice miller's cash credit account using fraudulent cheques.
CPHI India, PMEC India Expand to Two Venues in Delhi-NCR
CPHI India and PMEC India will be held at two venues in Delhi-NCR in 2025, expanding to accommodate the growing pharma ecosystem, with overlapping schedules for enhanced networking.
BCCL Accident: Compensation Agreed for Victims' Families
Following the death of four workers buried in coal slurry at a BCCL washery, protests led to a tripartite meeting. Compensation of Rs 20 lakh and a job for each family was agreed.
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Centre to Approve Rs 37,500 Crore Coal Gasification Scheme
The Centre is set to approve a Rs 37,500 crore scheme to promote coal gasification, aiming to reduce imports and boost clean coal technology.
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