Pune Growth Hub Blueprint Finalisation by June End
The Pune Growth Hub blueprint draft will be ready by late May and finalised by June end. The plan aims to attract Rs40,000 crore investment and create 15-18 lakh jobs.
Category : Business
CPCL FY26 Net Profit Jumps to Rs 3,062 Crore on Record Throughput
Chennai Petroleum Corporation Ltd reported a sharp rise in net profit for FY26, driven by record crude throughput, improved operating efficiencies, and supportive product cracks despite volatile crude markets.
Pune worker dies in fall from 19th floor, negligence case
A 19-year-old construction worker died after falling from the 19th floor of an under-construction building in Pune's Baner area. Police have registered a case of causing death by negligence against the builder, site supervisor and labour contractor for la
Paisabazaar expands physical retail to South India
Paisabazaar plans 100 retail outlets in two years, starting with Bengaluru and Chennai stores offering loans, credit cards, and digital services.
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KDA Reduces Prices of 5,600 Unsold Flats
Kanpur Development Authority cuts prices of 5,600 unsold flats by up to 23%, approves Rs 2,515 crore budget, and settles land dispute with KMC.
ED Raids Jagan Reddy's Aides in Rs 3,200 Crore Liquor Scam
The Enforcement Directorate conducted fresh searches at 12 locations in Hyderabad and Tirupati, targeting close aides of former Andhra Pradesh CM YS Jagan Mohan Reddy in connection with a multi-crore liquor scam.
Gadkari Backs Nagpur as HQ for ₹12,215 Crore SNG Project
Union minister Nitin Gadkari urges Coal India and BPCL to consider Nagpur as headquarters for the proposed ₹12,215-crore Synthetic Natural Gas project, citing proximity and regional balance.
Pithampur Fire Unit Lacked Sprinklers, Trained Staff
A probe into the Pithampur fire revealed the hazardous waste unit had no functional sprinkler or hydrant system and lacked trained fire-response staff, violating safety norms.
L&T Launches Industrial Electronics Vertical LTEPS
L&T enters industrial electronics with new vertical LTEPS, focusing on power electronics, robotics, and automation. Headquartered in Bengaluru, production starts in Coimbatore with plans for a 40-acre zone.
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Karnataka Govt to Support Hiring for New GCCs
Karnataka government announces hiring support for new Global Capability Centres (GCCs) to boost employment and attract investments in the state.
New Era Cleantech Plans Coal-to-Urea Plant in Chandrapur
New Era Cleantech Solutions plans to build a coal gas-based urea plant in Chandrapur, investing Rs20,000 crore. The plant aims to produce 1.27 MMTPA of urea, reducing import dependence.
Telangana HC Grants Interim Relief to MEIL Over Tax Demand
Telangana High Court grants interim relief to Megha Engineering from coercive action over GST demand for Kaleshwaram project, directing 10% deposit.
Ludhiana ex-employee among three held for ₹17 lakh heist
A former employee and two accomplices were arrested for robbing a liquor company of ₹17 lakh in Ludhiana. Police recovered ₹11 lakh; the rest was spent on drugs and hotels.
Power outages hammer Punjab manufacturers, waste materials
Unscheduled power cuts and voltage fluctuations in Ludhiana are disrupting manufacturing, wasting raw materials, idling workers, and undermining Make in India initiatives, industry leaders say.
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J&K Records 4.52 Lakh Artisan Registrations, Expands Skills with NIFT
Jammu and Kashmir achieves over 4.52 lakh artisan registrations, boosting skill development through a new collaboration with NIFT to enhance traditional crafts.
Tamil Nadu MSMEs Seek Power Tariff Cut, Tax Relief from New Govt
The Confederation of All Entrepreneurs Associations expects the new Tamil Nadu government to address MSME demands including power tariff reduction and tax relief, warning of rising state debt.
EOW Case Against Malla Reddy College Society Members
Cyberabad EOW has registered a criminal case against 10 members of Vemula Raghava Reddy Lakshmamma Educational Society for forgery, fund diversion, and illegal control of Malla Reddy Engineering College.
Infra Firm Director Arrested in Rs 5.5 Crore Real Estate Fraud
Gurugram police arrested an infrastructure firm director and another person for allegedly cheating a man of Rs 5.5 crore in a real estate fraud. The accused promised prime land but failed to deliver.
Hyderabad Metro Takeover: State Govt Issues Orders
The Telangana government has issued formal orders to complete the takeover of Hyderabad Metro Rail from L&T, approving a ₹13,615 crore debt from IRFC and equity infusion of ₹1,385 crore.
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Jayanagar White-Topping Project Delayed, Hits Businesses
A white-topping project in Bengaluru's Jayanagar, promised in six months, has stretched to a year, causing business decline, rat infestation, and inconvenience for residents and traders.
Ahmedabad-Kolkata airfares skyrocket to Rs 22,000
Airfares from Ahmedabad to Kolkata have surged to Rs 17,000-22,000 one-way due to election travel, IPL matches, and summer holidays, with ATF price hikes adding to the burden.
Rs 18 Crore Investment Fraud in Ahmedabad, Multiple FIRs
A massive investment fraud in Ahmedabad has led to multiple FIRs against an Ambli resident for cheating investors via bogus stock and gold schemes, siphoning over Rs 18 crore.
Telangana to Borrow Rs 6,300 Crore Monthly Under New RBI Bond Strategy
Telangana will raise Rs 6,300 crore per month in Q1 of 2026-27, up from below Rs 4,000 crore. It joins a RBI pilot for transparent bond auctions to lower borrowing costs.
Lucknow Model Shops Unclaimed in Third Lottery Round
The third lottery draw for leftover model shops in Lucknow found no takers as entrepreneurs cite financial unviability. 41% of model shop owners have exited this fiscal, leaving only 33 operational in the city.
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Bhandup Fraud: 66 Investors Duped of Rs 3.66 Crore
At least 66 investors were duped of Rs 3.66 crore in Bhandup, Mumbai, under the promise of high monthly returns and a money doubling scheme. The accused have been booked.
Maharashtra Forms Panel to Address Sugar Industry Crisis
Maharashtra government has constituted a nine-member panel led by chief secretary Rajesh Aggarwal to study the sugar industry crisis and suggest measures for the 2026-27 crushing season.
Punjab wheat arrivals hit 72% as procurement crosses 83 lakh MT
Nearly 72% of estimated wheat has arrived in Punjab's purchase centers, with 87.89 lakh MT of 122 lakh MT target reached. Procurement stands at 83.94 lakh MT, but lifting lags at 29%.
AKTU Incubates 16 Startups, Boosting Student Opportunities
Dr A P J Abdul Kalam Technical University (AKTU) has incubated 16 new startups at its Kalam Incubation Centre, offering students internships, jobs, mentorship, and workspace. Total startups now 56.
Gurgaon Businessman Cheated of ₹5 Crore in Fake Real Estate Scam
A Gurgaon businessman lost over ₹5 crore after being tricked into investing in fake real estate projects with forged documents. Two key accused arrested.
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From Rs 10,000 to Rs 3.5 Crore: Poultry Success Story
Chandra Shekhar transformed a Rs 10,000 egg unit into a Rs 3.5 crore broiler parent stock facility, empowering over 1,000 farmers and creating 1,200 jobs in Pratapgarh.
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