This is no surprise, given that the deadline for digitisation in Delhi, Mumbai, Kolkata and Chennai was October 31 and DTH firms and multiple-system operators were eyeing a windfall.
"The entry of other players in this segment will help in reiterating the benefits of the cash-and-carry concept to Indian customers," Metro India Managing Director Martin Dlouhy says. It may be the first time anywhere in the world that Wal-Mart and Metro square off in the cash & carry format. Dlouhy's apparent nonchalance can't hide the fact that Metro may be facing one of its most difficult challenges in the country.
The company will invest Rs 7,000 cr over 2-3 years to launch services in eastern, northeastern states.
National Disaster Response Force personnel left the spot, while State Disaster Management Department personnel continued their rescue work at the accident site with cranes, earth movers and drilling machines.
In the wake of the haul of RDX in Haryana on Wednesday, the Centre has advised authorities in four metros, as well as Hyderabad and Bangalore, to remain on high alert, since there is a possibility of a terror strike strike during the festival season.
To start with, the air freight service will be introduced connecting all four metros-- Mumbai, New Delhi, Chennai and Kolkata -- taking Nagpur as a hub of operations in the first phase. This will happen as soon as the Air India could provide an aircraft on wet lease to India Post.
Left Front constituent Forward Bloc, which runs West Bengal's agriculture marketing board, and CPI-M leaders, on Sunday decided to renew Metro Cash & Carry's Agricultural Produce Marketing Committee licence on October 10. However, to protect small traders in the city, the State Agriculture Marketing Board will impose certain conditions on Metro, the modalities of which will be decided in the intervening period.
Germany's Metro AG to invest 300 million euro in India and open wholesale stores in Hyderabad, Kolkata, Chennai and Mumbai.
Politics is not on the radar of 18 to 21-year-old Indians, reveals Rama Bijapurkar.
Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision, just hours before the general election schedule was announced.
Museums in metros will undergo a major overhaul with the Centre planning structural changes in its management to bring it at par with the best in the world and the total cost for the exercise is pegged at Rs 100 crore (Rs 1 billion).
'Bahut mazaa aaya tha doing Agneepath. When you are working with good actors, it enriches your acting.' 'Amitabhji and I had done Shahenshah before, but that was a fun film.'
'From April 25, 2021, Modi disappeared. He made no public appearance for 20 days.' 'The prime minister of India fled the field when his people needed the government most,' points out Aakar Patel.
'The longevity of the government is a doubt for me because when the going gets tough, there could a be a point in time where there might be pressure, from within the party or from the allies.'
The company is facing resistance on renewal of its Agriculture Produce Market Committee license to buy farm produce directly from farmers for its Kolkata store. The ruling Left Front partner Forward Bloc is opposing its bid to renew the license as it is of the opinion that this would affect small traders.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
Officials 'disappointed' as major cricket centres miss out on staging ODI World Cup games
Two days after Bharti Airtel announced the launch of its fourth-generation (4G) wireless broadband services in Kolkata, it is tough to miss the mark of the campaign in the city's key locations.
Banking on increased freight haul and earnings from upper class travellers, Indian Railways has projected a gross earning of Rs 43,445 crore (Rs 434.45 billion) in 2003-04.
Speed of trains would be increased up to 200 kilometres/hour.
The Delhi high court on Thursday directed the Centre to implement the controversial conditional access system
Even as RBI allowed banks to charge ATM transactions beyond five in metros, the lenders are yet to restrict the number of free withdrawals for their own customers at home ATMs.
Micro may soon overtake rival Uber in terms of number of rides.
Tomato prices in the retail markets of the national capital declined to an average Rs 150 per kg on Monday from Rs 178 per kg on Sunday, according to the government data. However, e-commerce players such as Amazon, Big Basket and Otipy are selling tomatoes at Rs 170-190 per kg in Delhi-NCR. Blinkit is selling at Rs 138 per kg. The Centre is selling tomatoes at a subsidised rate of Rs 80 per kg in Delhi-NCR and some other cities through the National Cooperative Consumers' Federation of India (NCCF) and the National Agricultural Cooperative Marketing Federation of India (NAFED).
Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.
A section of the over 50-year-old bridge on the arterial Diamond Harbour Road in south Kolkata collapsed on September 4 in which three people lost their lives.
The police lodged a suo motu case against unknown persons in connection with their involvement in the mishap, a police officer said.
During the Diwali week (November 10-16), airfares on major routes across the country have surged by up to 44 per cent.
German airlines Lufthansa will after a gap of 35 years resume passenger services between Frankfurt and Kolkata from December 1 this year, with three weekly flights.
Currently, onion is being sold at Rs 36 per kg in retail markets of the national capital and Rs 32 per kg each in Mumbai, Kolkata and Chennai, according to the Consumer Affairs Ministry that monitors prices of 22 essential food items.
The Union government has reduced prices of subsidised tomatoes to Rs 70 per kilogramme from Thursday from Rs 80 per kg now to provide relief to common man from high retail prices. The Centre is selling tomatoes to people at a subsidised rate of Rs 80 a kg in Delhi-NCR and some other key cities through the National Cooperative Consumers' Federation of India (NCCF) and the National Agricultural Cooperative Marketing Federation of India (NAFED). The all-India average retail prices of tomatoes is ruling at nearly 120 per kg, although the key kitchen item is selling as high as Rs 245 per kg at some places.
Gurgaon-based MDLR Airlines is planning to make Kolkata the hub for its North East operations, as it plans to fly to eight new destinations within this year.
With a spike in nocturnal incidents of molestation and eve-teasing by biker gangs in certain areas of Kolkata, the police have launched regular raids in the night to put a brake on the 'Romeos' on two wheels.
'That the South and West regions are more women-friendly in terms of employment is not a surprise.'
Mumbai's iconic red double-decker buses, which have been an integral part of the city's public transport system for more than eight decades, will go off the streets this week, an official from the Brihanmumbai Electricity Supply and Transport (BEST) Undertaking said on Tuesday.
Actor-turned-politician and sitting MP Locket Chatterjee has been fielded from Chunchura and another MP Nishit Parmanik from Dinhata. Also, a number of film personalities have been nominated as candidates in the high-stakes battle for West Bengal.
They took the centre-stage in the showpiece, showed the world what they are made of and walked away from the global meet with honour and distinction.