The Aam Aadmi Party (AAP) has signalled its intention to contest a couple of seats in the upcoming Maharashtra Assembly elections, slated for November 20. While AAP is part of the opposition’s INDIA bloc, which includes Shiv Sena (UBT), Congress, and NCP (SP) under the Maha Vikas Aghadi (MVA), it may stake claims where it
Maharashtra Chief Minister Eknath Shinde expressed confidence that the ruling Mahayuti coalition will secure a “thumping” majority in the upcoming assembly elections, drawing parallels to the BJP’s strong performance in Haryana. Speaking to reporters late Thursday at the Pune airport after returning from Chandigarh, where he attended the swearing-in of Haryana CM Nayab Singh Saini
A decade after entering India’s luxury residential real estate market, the Trump Organization is now expanding into the commercial sector. The company announced the launch of Trump World Centre in Pune, marking its first commercial project in the country. The development, a partnership between Tribeca Developers and Kundan Spaces, will feature two high-rise glass towers
The family battle in Raymond Group seems to have ended with Nawaz Modi Singhania, estranged wife of chairman and managing director Gautam Singhania, deciding to step down as a director on the board. The company said the resignation is effective Wednesday. “We thank Nawaz Modi Singhania for her services as a board member over the
All-electric ride-hailing platform BluSmart Mobility is restructuring its operations as part of an ongoing effort to streamline its financials. The company, which generates monthly revenue of Rs 70 crore, translating to an annual run rate of approximately Rs 840 crore, is making strategic adjustments to its fleet management, co-founder Puneet Singh Jaggi told FE in
The Securities and Exchange Board of India (SEBI) on Wednesday imposed penalties on former news anchor Hemant Ghai and two others, including his wife, for alleged fraudulent practices and barred them from dealing in securities for five years. The markets regulator has also fined Motilal Oswal Financial Services (MOFSL) for failing to adequately supervise authorised
The Directorate General of Trade Remedies (DGTR), under the commerce ministry, has recommended a 12% provisional safeguard duty on some steel products to protect the local industry from below-cost imports. A final decision will be taken by the finance ministry. In a notification, the DGTR said critical circumstances exist wherein any delay in application for
