Investment in a second home Nov 5, 2009
"There is a lot of demand for properties between Pune and Panvel. Even the four main metros and its peripheral areas are in demand, for second homes," reveals Tushar Khatri, GM (sales and marketing), Arihant Universal. Apart from these, the other hotspots for second homes are hubs in Noida, Hyderabad, Jaipur, Kerala, and Gurgaon. (India Times)
Ticket to ride: High-end bicycles ride into India Nov 4, 2009
The emergence of IT hubs across Bangalore, Pune and Hyderabad has created the campus culture thus making this segment one of the reservoirs for global bike brands to tap into. That along with the fact that many of those working in this space have spent time abroad and picked up cycling as a hobby which they are determined to continue pursuing back in India. (India Times)
Strawberries to be late by a month Nov 3, 2009
PUNE: The strawberries will be late by a month to hit the markets this year. The heavy late monsoon rainfall has delayed planting of strawberry saplings by almost a month which means that the fruit will come to the markets by mid-December instead of November. (India Times)
Syntel posts marginal rise in Q3 revenue Nov 2, 2009
Syntel Inc has development center 00004000 s in Mumbai, Chennai, and Pune, having arond 12,000 seat capacity in India. Sequential revenue improvement was driven by applications outsourcing service offering, and growth was broad-based across all verticals, the company said. (India Times)
Raja Dinkar Kelkar Museum, Pune - I... Nov 1, 2009
Raja Dinkar Kelkar Museum, Pune - India. Raja Dinkar Kelkar Museum, Pune - India ... The Museum is housed in a three-storey building on 1377 and 1388 at Shukrawar Peth, Natu Baug, Pune. (Suite101.com)
Late monsoon takes effects rabi sowing Oct 28, 2009
PUNE: The late monsoon rainfall in Maharashtra has delayed the pace of rabi sowings as the soil moisture has yet not reduced to the optimum level required for sowings. The total rabi sowing has taken place on 37% of the normal area by October 26 while last yea 00004000 r 58% of the rabi area was sown by this time. (India Times)
Credit policy impact: Funds just got costlier for builders Oct 28, 2009
This will not be possible when places like Hyderabad, Chennai and Pune are still facing a glut in demand. Sunil Malhotra, CFO of Delhi-based Omaxe, says: As demand is still price-sensitive, it will not be easy for developers to pass on that extra cost to consumers. (India Times)
Steel demand growing in India: Tata Steel MD Oct 28, 2009
But that is a familiar territory for this metallurgical engineer from Pune, who has been with Tata Steel for the past 27 years. Mr Nerurkar, who took c 00004000 harge of the Kalinganagar steel project in Orissa in 2004, when local opposition was at its peak, has faced varied challenges in his almost three-decade stint with the Tatas. (India Times)
MNCs, Corporates rush in to cash in on gym culture Oct 26, 2009
FitnessFirst, True Fitness and Pune -based World Gym are the other foreign gym chains. As Dr Nanabhai points out: "In smaller towns it is more of a lifestyle statement for people yearning to climb up the social ladder, be seen and heard. Looking good is a big part of it. In smaller towns, people are more consistent and regular in their fitness approach.". (India Times)
HCC's Lavasa Corp to raise Rs 2k cr Oct 25, 2009
The company, which is developing a township in Lavasa near Pune, has now commenced laying infrastructure for the second phase of the project. Lavasa aims at developing five 'towns' in the hill-station project and expects to sell commercial and residential space in the second town at a 15-20 per cent premium. (India Times)
Planning for the retirement years Oct 23, 2009
As inflation keeps eating into the moneys worth, it is prudent to have some inflation beating instruments such as equities in the form of index funds in ones portfolio, says Veer Sardesai, a certified financial planner from Pune. But an investor has to stay long on stocks and mutual funds to make good gains. (India Times)
NGOs help poor young people to get jobs in pvt cos Oct 20, 2009
Today, he works as a customer care executive with Shoppers Stop in Pune, and nurtures a dream of floating his own garment company within five years. I hated the fact that we didnt have money and all I wished for was to get out of poverty, says Gautam, who is glad that his mother doesnt have to go out for jobs anymore, as he is able to send home part of his Rs 4,500 salary every month. (India Times)
Agarwal and Kapoor all set for Great battle Oct 14, 2009
Mr Kapoor loves to take off to hill sides whenever possible, while Mr Agarwal would rather retreat to his Pune home and tinker with his collection of vintage cars. But today, the two shipping tycoons find themselves at the heart of a corporate takeover bid, that harks back to the mercurial Eighties of the Dalal Street. (India Times)
Good rains see spurt in garlic acreage Oct 13, 2009
PUNE: Good rains in Madhya Pradesh this year may bring some relief to regular users of garlic. After a production decline of 40% last year on the back of drought, garlic acreage in the country is expected to be substantially higher this year. (India Times)
Piaggio to launch Vespa scooters by March 2010 Oct 10, 2009
Piaggio Vehicles India, a wholly-owned subsidiary of the Italian two-wheeler maker, will launch its well-known Vespa scooters, followed by brands such as Gilera, Aprilia and Derbi, a small motorcycle. For this, the company is setting up a Rs 360-crore two-wheeler engine plant at Baramati to power its scooters, said a person close to the development. (India Times)
No onion shortage: NHRDF Oct 10, 2009
PUNE: Even though onion prices are rising in the country in anticipation of crop damage due to floods in Andhra Pradesh and Karnataka, the Nashik-based National Horticulture Research and Development Foundation (NHRDF) has said there is no shortage of the commodity in the country. According to the latest NHRDF report on on 00004000 ion availability in the country, there is stock of 10 lakh tonnes left over from the 25 lakh tonnes that was stored after the last rabi crop. (India Times)
IVRCL wins orders worth Rs 5.23 bn Oct 8, 2009
23 billion rupees from a government body in Uttar Pradesh and a Pune-based firm ... 36 billion rupees for construction of five buildings, a hotel and a hospital building was from Kakade Infrastructure, Pune, it said ... 23 billion rupees from a government body in Uttar Pradesh and a Pune-based firm. (India Times)
Deccan floods may drown household budgets, India Inc Oct 7, 2009
(With inputs from Sai Deepika Amirapu in Hyderabad, Arun Iyer in Bangalore, Gouri Agtey Athale in Pune and Pramugdha Mamgain in Delhi). Read business stories in. (India Times)
Real estate sector to witness a prolonged & robust demand Sep 30, 2009
8 million sq ft however, Pune is expected to record the highest compounded annual growth of 51% for the next five years. The demand for the hospitality sector is expected to see a surge and is expected to be approximately 6,90,000 room-nights between 2009-2013. (India Times)
CEOs by day, models for a cause Sep 30, 2009
The chairperson of Thermax, who is coming down from Pune especially for the event, says she was initially set on wearing Indian clothes, but finally gave in to the organisers and switched to an western outfit by Wendell Rodricks. "I'm participating for Akanksha, which is an NGO that provides supplementary schooling to underprivileged kids in municipal schools," she says. (India Times)
Offline brands creat fanatical following for generations Sep 30, 2009
The patriarch of an immigrant family sets up a cold drink factory in the heart of the sleepy western Indian town of Poona, now Pune. His name is Framroze Ardeshir Irani. (India Times)
Mumbai to see highest demand for residential space Sep 26, 2009
19 million sq ft. On the other hand, Pune is expected to see the highest compounded annual growth in retail demand at 51% due to the current favourable demographics. The total expected demand for retail in Pune is approximately 1 ... 76 million sq ft. Office demand in Pune is expected to be 21. (India Times)
Hygiene product makers cash in on swine flu outbreak Sep 23, 2009
PUNE: The recent swine flu scare has translated into brisk business for health and hygiene sectors ... In Pune, which saw the highest number of swine flu deaths, the protective N95 and N90 masks were being sold at exorbitant rates in the black market ... "Currently, we are selling the N95 mask for Rs 100. But, after the first swine flu death in Pune, these masks were sold at Rs 300-Rs 400 per piece," said a medical store owner. (India Times)
174 for Congress, 114 for NCP Sep 23, 2009
Extensive meetings were held on Tuesday to put an end to the deadlock between the two sides, especially on seats in Pune and Mumbai. Mr Patel admitted to the problems posed by delimitation talking of big cities where the number of seats had increased due. (India Times)
Poor irrigation facility cripples raisins Sep 23, 2009
PUNE: There's a global shortage of raisins (dried grapes) since the leading producer, Turkey, had unseasonal snow last year which meant there was no 00004000 flowering, hence fall in grape production. The other major raisin producing country, Australia, has switched to wine grape production, thus creating a demand. (India Times)
Step carefully while buying a property Sep 22, 2009
According to real estate consultancy firm DTZ, almost all new project launches of major developers in the past 6-9 months have been in the affordable housing segment in Tier 1 cities like national capital region, Mumbai, Bangalore, and Pune, among others. These new launches recorded high sales with residential project developers collecting 15%- 20% of the house price in the first few of months of booking, even before construction had started. (India Times)
Congress-NCP list for Mrashtra ready Sep 21, 2009
NEW DELHI: The Congress-NCP seat-sharing negotiations for Maharashtra assembly polls are almost complete though the parties continue to lock horns over a handful of seats, most of them in Pune ... The Congress is ready to fight on 174 seats leaving 114 to NCP. However, disputes over certain seats in Pune remain ... The other seats where negotiations were stuck until Sunday evening were the Pune Cantonment and Wadgaonsheri. (India Times)
Healthy report card for wellness sector Sep 19, 2009
PUNE: The wellness market appears to be in good health ... We will own just two of these spas, the ones in Mumbai and Pune, the others will be run by franchisees, the first of which will be in Delhi ... For the Karla (near Pune)-based Atmasantulan Village, an ayurvedic healing centre, the market is not just in India but also abroad. (India Times)
Indian cos vulnerable to net threat Sep 19, 2009
PUNE: Heres a cause of concern for India Inc. Independent findings of internet and data security company Symantec and research agency Frost and Sullivan suggest that Indian companies are susceptible to internet threats and companies are underspending on security. The country ranked number one on the prevalence of internet virus attacks in the Asia Pacific and Japan region, according to data with Symantec. (India Times)
Standoff continues at Cummins plant Sep 19, 2009
PUNE: The face-off between workers and management at Cummins India continued with the engine plant here shut for the fourth consecutive day on Friday. This follows the ruckus on its campus on September 15 following which the management asked the trade union to submit an undertaking that it will not disturb the peace. (India Times)
'Six Sigma could change the world' Sep 18, 2009
I made a few presentations to that effect in Pune in 1993, and people said, You must be joking. India has all kinds of problems. (India Times)
Will a megalopolis be the future? Sep 14, 2009
"Cities that are economic powerhouses tend to expand and engulf neighbouring locations. Mumbai and Pune are among the fastest growing cities in western India and are separated by less than 200 kms. In theory, the growth, if directed towards each other, may result in creation of one huge urban sprawl, which will span the space between the two," says Kapoor ... "Mumbai's urban sprawl extends till Panvel. Pune, on its part, extends to Pimpri-Chinchwad and Talegaon, through the Express Highway and... (India Times)
LG to invest $1 bn in India on R&D Sep 11, 2009
It has two manufacturing units here, one each in Pune and Noida. The company is primarily banking on the sale of LCDs and mobile handsets to drive growth in India and is also looking at setting up a production unit for LCDs in the country. (India Times)
Cotton output may fall 7% acreage Sep 11, 2009
PUNE: The preliminary estimates of the state agriculture department show that Maharashtras cotton production this year may decline by 7. 34% to 45. (India Times)
Godrej Properties IPO in 3 months Sep 11, 2009
GPL already has a presence in Pune, Hyderabad, Kolkata, Mumbai and Bangalore. On consumer products, Godrej said rising sugar prices have made producers consider hiking prices of food products. (India Times)
Maharashtra on a save tur crop mission Sep 10, 2009
PUNE: Having lost almost half its estimated urad and moong dal production, Maharashtra's agriculture department is now focusing on tur. It has launched a special campaign to save the crop of tur and get maximum yield from it. (India Times)
Real estate moves towards industrial hubs in tier 2 & 3 cities Sep 10, 2009
Towards the West, Pune, Nasik and Nagpur are noteworthy in this context. In all cases, developers positioned their development close to industrial hubs, targeting a totally different price segment. (India Times)
Bajaj Allianz to cover doctors, staff Sep 8, 2009
Bajaj Allianz to cover doctors, hospital staff in Pune- Insurance news-Insurance-Personal Finance-The Economic Times ... Bajaj Allianz to cover doctors, hospital staff in Pune7 Sep 2009, 1916 hrs IST, PTI ... MUMBAI: Bajaj 00004000 Allianz Life Insurance, today said it has offered life insurance cover for 1-year to all the doctors and hospital staff of Pune engaged in treating swine flu patients. (India Times)
Merc India portfolio to undergo a rejig Sep 8, 2009
At present, Actros trucks are manufactured at the Pune plant, where the company also assembles Mercedes-Benz sedans. The new plant was set to be commissioned in 2010 but has been pushed back till 2012 following the global recession. (India Times)
Infy, Wipro eye Morgan Stanley's Indian back-office operations Sep 7, 2009
Most of the operations are based out of Mumbai and a small part out of Pune. The value of the deal would also depend on the amount of business the bank is willing to commit to the potential buyer. (India Times)
Audi rolls out its latest sports utility vehicle Q7 in India Sep 4, 2009
Audi currently has dealerships in Delhi, Gurgaon, Chandigarh, Ludhiana, Mumbai, Pune, Ahmedabad, Bangalore, Hyderabad, Chennai, Kolkata and Kochi. "We plan to expand to Jaipur, Lucknow, Nagpur and Coimbatore soon," Tiers said. (India Times)
More >> Sep 3, 2009
PUNE: Army chief General Deepak Kapoor on Wednesday said Pakistan's efforts of increasing its nuclear strength was a matter of concern and that Islamabad was going well beyond the degree of deterrence. "There is a difference between having a degree deterrence, which is required for protection, and going beyond that. If the news reports of (Pakistan) having 70 to 90 atomic bombs are correct, then I think they are going well beyond the requirement of deterrence," said Gen Kapoor, who was speaking... (India Times)
Delhi, Bengaluru, Mumbai most affluent cities: Nielsen Sep 3, 2009
Besides the top five, the others in the list are Kolkata (6) Kochi (7) Pune (8) Jaipur (9) and Ahmedabad(10). According to the survey, even though nearly half of affluent Indian consumers all are schooled in English, the languages spoken at home are regional Indian languages, the survey revealed. (India Times)
Indian swine flu deaths top 100 Sep 1, 2009
Deaths have now been reported in at least eight Indian cities, with the death toll highest in the city of Pune ... Reports say some 15 patients are undergoing treatment for the flu in various hospitals in Pune, where 31 people have died of the infection. (BBC News -- South Asia)
Star hotels may not hike room rates Sep 1, 2009
According to industry insiders, metro like Mumbai and Delhi may see a marginal 3-5% increase in room rates, while technology hubs such as Pune, Bangalore, Hyderabad and Chennai may not see an increase at all. These markets have been hit by an acute oversupply of rooms and IT slowdown with occupancies touching 50% for more than a year. (India Times)
Oxford University in land-grabbing row Aug 30, 2009
LONDON: Oxford University's first overseas campus in India, which is going to be set up in Lavasa near Pune, has been embroiled in a land grabbing row, with accusations of human rights violations against the land developers ... Oxford University's first overseas campus in India, which is going to be set up in Lavasa near Pune, has been embroiled in a land grabbing row, with accusations of human rights violations against the land developers. (India Times)
AB InBev may seal licensing deal with Wadhawan group Aug 27, 2009
Wadhawan-led HDIL is foraying into brewing through a unit near Pune that will go on stream soon with capacity of 2. 5 lakh cases (of 7. (India Times)
Bavarian exquisite retreats and romantic hideaways Aug 27, 2009
What really touched us, metaphorically speaking and otherwise , was their complement of Ayurvedic therapies like Shirodhara conducted by a young and enthusiastic Pune doctor Mangesh Sant. A whiff of home in a faraway place. (India Times)
M'shtra reels under acute milk shortage Aug 27, 2009
PUNE: Used to buying milk anywhere at anytime, customers found that in the past few weeks this had become difficult ... The Pune division of the FDA has been carrying out raids over the past fortnight in Pune, Satara, Solapur, Ahmednagar and Kolhapur districts, the milk catchment areas of the state. (India Times)
TOI Group wins Advertiser of the Year award at Spikes Asia '09 Aug 27, 2009
This was held across eight Indian cities Delhi, Mumbai, Kolkata, Bangalore, Hyderabad, Lucknow, Pune and Ahmedabad. During the second phase, starting October 2007, a winner was selected from each of the eight participating cities. (India Times)
Satyam BPO to hire 300 Aug 27, 2009
NEW DELHI: At a time when software firm Mahindra Satyam is rationalising its headcount, its BPO arm seems to be on a hiring spree with plans to recruit 300 employees by the next month. The company has recently bagged a major contract from a domestic client for providing it back office support. (India Times, India)
Commercial real estate rentals seem to be bottoming out Aug 26, 2009
Pune outperformed with just about a 4% decline. This trend is likely to improve by 2011 when the absorption rate would overcome the supply. (India Times)
Jaswant's book must not be banned Aug 24, 2009
Passages of the book incited 'Shambaji Brigade' to create havoc in Maharashtra and the state government meekly banned the book after hooligans ransacked Bhandarkar Oriental Research Institute in Pune destroying 18,000 books and 30,000 rare manuscripts. What a price to be paid for a book, one would ask. (India Times)
In days to come, an H1N1 explosion? Aug 22, 2009
Around 81% of all cases of H1N1 till now are from eight cities Pune (28%), Delhi (16%), Mumbai (17%), Bangalore (7%), Hyderabad (4%), Chennai (5%), Gurgaon (2%) and Ahmedabad (2%). Health minister Ghulam Nabi Azad said India was now reporting indigenous cases with no travel history abroad. (India Times, India -- Community News)
India swine flu toll rises to 36 Aug 21, 2009
Deaths have now been reported in eight Indian cities, with the death toll highest in the city of Pune. There are more than 2,400 cases of the H1N1 cases in India. (BBC News -- South Asia)
UP: Mystery virus kills 137, experts clueless Aug 21, 2009
Officials said the search for the "real culprit" behind the AES cases had taken a beating in the last few months with scientists in NIV Pune drowned with H1N1 samples. "H1N1 has proved to be a setback for the work on encephalitis in UP. Improved methods of diagnosis and new primers were to be tested against the unknown virus. But everybody at NIV Pune is busy with H1N1," an official said. (India Times, India)
India's toll at 48 Aug 21, 2009
In the last 24 hours, four more deaths were reported from Karnataka, two each in Delhi, Gujarat and Pune. Karnataka now accounts for the second highest number of swine flu deaths, 11, after Maharashtra, which has reported 25 deaths, with Pune alone recording 17 of them ... 15pm on Thursday at Sassoon Hospital in Pune, officials said. (India Times, India)
Developers exploring new markets as realty scene improves Aug 20, 2009
It is learnt that these players are drawing up plans to invest in cities such as Mumbai and Pune ... Sobha Developers is also keenly looking at Mumbai and Pune. (India Times)
Swine flu claims two more lives in Karnataka Aug 20, 2009
Karnataka accounts for the second highest swine flu related deaths in the country after Maharashtra which has reported 18 deaths, including 13 in Pune alone. More Stories from this section. (India Times, India -- Community News)
Junk food reduces resistance to swine flu Aug 20, 2009
The spread of Swine Flu in nearby Pune and Mumbai has increased the concern as many Goans working or studying in these metros would be going back home for the festival. More Stories from this section. (India Times, India)
Swine flu claims more lives, toll up to 34 Aug 20, 2009
Swine flu toll moves to 34, 2 more deaths in Pune - India - NEWS - The Times of India ... Swine flu toll moves to 34, 2 more deaths in Pune ... PUNE/AURANGABAD/BANGALORE: Two more persons succumbed to swine flu in Pune on Wednesday, taking the number of H1N1 victims to 15 in the city, official sources said. (India Times, India)
Maharashtra pips Gujarat to top investment charts Aug 19, 2009
Commenting on the development, Vaijayanti Pandit, director, western region, Ficci, said, Our studies have shown that the state has benefited in a big way after large multinational auto companies have invested in Chakhan and around Pune ... Also, with more and more IT companies coming up, Pune has helped attract investments in the state. (India Times)
Men smart for smarter women Aug 19, 2009
Conceptualized by a TV channel and conducted in several cities including Delhi, Kolkata, Mumbai, Chennai, Bangalore, Hyderabad, Lucknow, Jaipur, Patna, Bhopal, Pune, Kochi and Surat, the poll has taken views of men and women in the age group 18-50. "It's a fact that women are more smart, informative and decisive and men are undoubtedly insecure. And I don't have any qualms in accepting that it becomes a pain most of the times working with such women because they constantly tend to circumcise... (India Times)
Suspected swine flu death in Dehradun Aug 19, 2009
DEHRADUN: A 24-year-old Pune-returned student suspected to be suffering from swine flu died last night, doctors said here on Wednesday ... Singh, who was pursuing B.Tech in Pune, recently returned home ... A 24-year-old Pune-returned student suspected to be suffering from swine flu died last night, doctors said here on Wednesday. (India Times, India -- Community News)
Dry spell to cast shadow on cotton Aug 19, 2009
PUNE: Maharashtras white gold, its cotton crop, is facing a major decline in output due to the prolonged dry spell in the state. Maharashtra has the countrys highest acreage under cotton. (India Times)
