Articles for tag: Delays, Fanfare, Late, Metro, Modis, PreElection, Progress, Punes, Ticket, Triumph, Years

Market News

After 8 Years of Delays, Modi’s Metro Triumph: A Late Ticket to Pune’s Progress or Just Pre-Election Fanfare?

Prime Minister Narendra Modi virtually inaugurated a 3.68-km stretch of the Pune Metro Rail on Sunday, eight years after initiating the project. This marks the completion of the first phase, connecting District Court to Swargate and significantly reducing commute times for residents. With upcoming Maharashtra Assembly elections, Modi also laid the foundation for various projects ...

Market News

Stalin’s Bold Memo to Modi: Can Tamil Nadu’s Forgotten Rights finally Resurface Amidst Metro Delays and Fishing Strife?

On September 27, 2024, Tamil Nadu Chief Minister M.K. Stalin met with Prime Minister Narendra Modi in New Delhi to present a memorandum with three key demands. These included the 50:50 equity sharing for the Chennai Metro Rail Phase-II project, the release of funds for the Samagra Shiksha initiative, and the protection of Indian fishermen’s ...

Market News

Stalin’s Plea for Funds: Tamil Nadu’s Investment in Welfare vs. Modi’s Radio Silence on Metro and Education Delays!

Tamil Nadu Chief Minister M K Stalin recently met with Prime Minister Narendra Modi to discuss important issues facing the state. During their meeting, he requested the prompt release of pending funds for various welfare programs, including the second phase of the Chennai Metro project, highlighting that other states have already received their allocations. Stalin ...

Market News

Air India battles fleet challenges and delays post-Tata takeover, striving for a world-class transformation amid global shortages.

Air India battles fleet challenges and delays post-Tata takeover, striving for a world-class transformation amid global shortages.

Air India, under the Tata Group’s ownership since 2022, is striving to modernize its outdated fleet as part of a five-year turnaround plan. CEO Campbell Wilson pointed out that the airline faces significant challenges, including global parts shortages and the need for equipment upgrades. Air India’s efforts include placing significant orders for new planes and ...

Market News

JSW Group commits to its Rs 40,000 crore EV project in Odisha, amid rumors of relocating to Maharashtra, despite delays.

JSW Group commits to its Rs 40,000 crore EV project in Odisha, amid rumors of relocating to Maharashtra, despite delays.

The JSW Group has confirmed it is not withdrawing its proposed Rs 40,000 crore electric vehicle (EV) and battery project from Odisha, despite media reports suggesting a shift to Maharashtra. Ranjan Nayak, an executive from the company, emphasized their commitment to the original plan, which includes setting up a significant manufacturing facility and related units ...

Market News

Telecom Minister Scindia vows to connect 25,000 villages by mid-2025, facing ongoing delays and challenges amidst ambitious rollout plans.

Telecom Minister Scindia vows to connect 25,000 villages by mid-2025, facing ongoing delays and challenges amidst ambitious rollout plans.

Telecom Minister Jyotiraditya Scindia announced plans to connect 25,000 unconnected villages with telecom and mobile internet by mid-2025, aiming for full saturation across the country. As part of this initiative, BSNL will deploy 100,000 telecom towers and invest Rs 45,000 crore. Despite 450,000 towers already in place, many villages, especially in Northeast India, remain without ...

Market News

Supreme Court delays insolvency proceedings against Byju’s amid disputes over a ₹158.9 crore settlement with BCCI, fueling financial drama.

Supreme Court delays insolvency proceedings against Byju’s amid disputes over a ₹158.9 crore settlement with BCCI, fueling financial drama.

The Supreme Court has agreed to hear an appeal from Glas Trust Company LLC, a US creditor, regarding a recent NCLAT judgment that paused insolvency proceedings against Byju’s, the prominent ed-tech firm. This decision comes after NCLAT approved a Rs 158.9 crore settlement with the BCCI over outstanding sponsorship payments. Byju’s lawyers argue the petition ...

Market News

Amidst the complexities of EV charging, unexpected delays turn a family road trip in Wyoming into a frustrating adventure.

Amidst the complexities of EV charging, unexpected delays turn a family road trip in Wyoming into a frustrating adventure.

Electric vehicle (EV) drivers often face unexpected challenges at charging stations, especially in places like Wyoming. A recent experience highlighted how advertised charging speeds can be misleading, as a Rivian SUV struggled to get a full charge from a station promising 350 kW, ultimately slowing a planned road trip by two hours. Factors like varying ...

Market News

Prestige Estates raises ₹5,000 crore amid declining profits, expanding into Mumbai and Delhi-NCR markets despite project launch delays.

Prestige Estates raises ₹5,000 crore amid declining profits, expanding into Mumbai and Delhi-NCR markets despite project launch delays.

Prestige Estates Projects Ltd, a major real estate developer, has successfully raised Rs 5,000 crore through a Qualified Institutional Placement (QIP) aimed at institutional investors. The share allocation consisted of nearly 29.9 million equity shares priced at Rs 1,674 each, reflecting a 4.62% discount from the floor price. With a strong presence in southern India, ...

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