Stay informed about business news and updates in Pune, MH.
Maruti Suzuki India reported an 18% decline in net profit, totaling Rs 3,069 crore for the second quarter of 2024. The company attributes this drop to increased competition and rising costs in the automotive sector. This significant financial downturn highlights the challenges facing one of India's largest car manufacturers.
Pune's real estate market continues to show resilience despite challenges such as a decline in new housing launches and overall sales. The article highlights the local market's strong performance, offering insights into ongoing trends and factors influencing buyer behavior. This focus on Pune's housing landscape makes it a relevant read for potential investors and residents alike.
UrbanWrk is making significant strides in Pune by launching a new sustainable workspace, MontClaire, aimed at supporting the growing business community in the region. This move not only enhances UrbanWrk's presence but also promotes environmentally friendly work environments, reflecting a commitment to sustainability.
Apple Inc. is set to expand its presence in India, announcing 400 job openings for new retail outlets in major cities including Bengaluru, Pune, Delhi, and Mumbai. This move highlights Apple's commitment to growth in the Indian market, aiming to enhance customer experience and employ local talent. The initiative is expected to significantly impact the local job market and economy.
Kalpataru is set to collaborate with Indian Hume Pipe Co. Ltd. (IHPC) to develop a substantial 5.6 lakh square feet residential project in Pune. This partnership is expected to significantly impact the local real estate market, enhancing housing options in the area. As Pune continues to grow, such developments are crucial for meeting rising urban demands.
Mastercard has inaugurated a new state-of-the-art Tech Hub in Pune, India, aimed at enhancing its growth and innovation capabilities in the region. This facility, which spans nearly half a million square meters, is part of Mastercard's expanding presence in India, complementing its existing offices in major cities. The new hub is expected to create a significant impact on local employment and technological advancements.
Condolences have flooded in for Ratan Tata, the esteemed Chairman Emeritus of the Tata Group, following the news of his passing. The article highlights Tata's legacy as a legendary industrialist and a true nationalist, reflecting on his significant contributions to Indian industry and society.
President Droupadi Murmu and Vice President Jagdeep Dhankhar extended their condolences on the passing of Ratan Tata, a highly respected figure in Indian industry. Their heartfelt statements reflect the significant impact Tata has had on the nation, emphasizing his contributions to business and society. The article highlights the leaders' recognition of Tata's legacy and influence.
Gautam Adani expressed deep sorrow over the passing of Ratan Tata, a prominent figure in Indian business, emphasizing the profound loss for India. The article highlights Adani's reflections on Tata's legacy and contributions to the nation.
BMW TechWorks India, a collaboration between BMW Group and Tata Technologies, has been established to enhance automotive software and business IT capabilities in India. This initiative aims to empower local talent and significantly impact the region's automotive landscape.