Realty firm Puravankara Ltd will invest around Rs 420 crore for construction of two residential projects in Mumbai and Bengaluru and is targeting over Rs 1,250 crore sales revenue over the next four years from these properties on the back of rising housing demand.

The company on Wednesday launched two projects -- Provident Palm Vista' located near Shil Phata, Mumbai with one million square feet of saleable area and Tivoli Hills' located near Devanahalli, Bengaluru having a total saleable plot area of about 1.4 million square feet.

Beverage major Coca-Cola India on Wednesday said it has extended partnership with former Indian skipper and BCCI President Sourav Ganguly as its ambassador for another three years.

Ganguly, now President of the Board of Control of Cricket in India (BCCI), had earlier signed a pact with Coca-Cola in 2017.

Hero MotoCorp on Wednesday said it has tied up with Gilera Motors Argentina to reinvigorate and expand its operations in one of the key markets in South America, in line with its aggressive global business strategy.

As part of the agreement, Gilera Motors will be the exclusive distributor for the sale and service of Hero MotoCorp motorcycles and scooters in Argentina.

India's largest airline IndiGo expects Tata Sons to be formidable competition once the conglomerate finalises its $2.4 billion purchase of Air India from the government, the budget airline's chief executive said.

Tata also owns a majority stake in Vistara, a premium joint venture with Singapore Airlines Ltd, as well as budget airline AirAsia India.

The Central Bureau of Investigation (CBI) has sought permission from the Chief Judicial Magistrate court of Prayagraj to conduct a polygraph test (lie detector test) on the three accused in the alleged suicide case of Akhil Bhartiya Akhara Parishad (ABAP) President Mahant Narendra Giri.

Accused Anand Giri, Adhya Prasad Tiwari and Sandeep Tiwari who are currently in judicial custody till October 18 are lodged in the Naini Central Jail.

The National Capital Region is likely to shrink to 100-km radius from Rajghat with the NCR Planning Board approving the 'Draft Regional Plan 2041' which is aimed at focused development of NCR's urban areas, official sources said.

They said NCR currently spreads to around 150-175 kilometres, covering entire districts and their rural areas. But with the approval of Regional Plan 2041, areas beyond 100 km are not likely to be the main part of the NCR.

The Bihar government has set up COVID-19 vaccination camps at Durga Puja pandals in the state to encourage people to get inoculated.

Speaking to ANI, Bihar Health Minister Mangal Pandey on Tuesday said, These vaccination camps have been set up to encourage people to get vaccinated. It is very important to keep COVID-19 at bay.

Gold (24 carat) is selling at Rs 47,030 per 10 gram on Wednesday in India, up Rs 90 from the previous trade.

Silver is selling at Rs 61,800 per kg, up Rs 100 from yesterday's trading price, according to Good Returns website.

The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

GMR-run Delhi airport expects hub traffic to surge to 25 per cent in three years as the now cash-strapped Air India will expand its domestic and international network under the stewardship of Tatas, according to a senior official.

The Indira Gandhi International Airport, operated by DIAL, is the country's largest aerodrome and is already the hub for Air India, Vistara and IndiGo.

Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Tuesday its solar unit Reliance New Energy Solar Ltd (RNESL) will buy preferred shares of German firm NexWafe worth 25 million euros ($28.82 million).

RNESL agreed to buy 86,887 series C preferred shares of NexWafe at 287.733 euros per share, Reliance said, adding that RNESL would also be issued 36,201 warrants exercisable for one euro per warrant, subject to achievement of agreed milestones.

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