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Pune private individual

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Banking, Fintech & Insurance 11 Nov 2026, 08:00 AM IST

PNB Staffer, Pune Man Arrested in Alleged Rs 10.24 Crore Bank Fraud Case

Police have arrested an office assistant of Punjab National Bank in Greater Noida and a private individual from Pune in connection with an alleged Rs 10.24 crore fraud involving unauthorized withdrawals from customer accounts. Investigators say the transactions were carried out over three years using compromised banking credentials, after a customer flagged suspicious debits in her account.

By RDU Global Wire4 min read
Startups & Venture Capital01 Nov 2026, 08:00 PM IST

EKA Mobility expands manufacturing footprint with 11-facility network across Pune and Pithampur

EKA Mobility said its manufacturing base now spans 11 facilities across 120 acres, with six plants in Pune and Pithampur forming the core of an expanding production network. The company said the footprint supports annual output of more than 40,000 electric vehicles and reflects cumulative investment of over Rs 3,500 crore, underscoring the scale of its industrial push in India’s electric mobility market.

5 min readRead →
Automotive, EVs & Mobility19 Oct 2026, 05:00 PM IST

Pune Police Book Rapido Parent Over Alleged Unlicensed Bike-Taxi Operations

Pune Police have booked Roppen Transportation Services Pvt Ltd, the parent company of Rapido, for allegedly operating bike-taxi services without the required licence. The case adds fresh regulatory pressure on India’s ride-hailing sector, where two-wheeler mobility has expanded rapidly but continues to face uneven state-level enforcement.

5 min readRead →
Automotive, EVs & Mobility18 Oct 2026, 02:00 PM IST

Rapido Booked in Pune Over Alleged Unlicensed Bike-Taxi Operations

Rapido has been booked in Pune for allegedly operating bike taxis without the required licence, intensifying scrutiny of app-based two-wheeler mobility services in Maharashtra. The case lands amid continuing regulatory uncertainty over bike-taxi operations across Indian states, where enforcement and policy frameworks remain uneven.

4 min readRead →
Startups & Venture Capital17 Oct 2026, 08:00 PM IST

Pune Police Book Rapido Parent Over Alleged Unauthorised Bike-Taxi Operations

Pune Police have booked Roppen Transportation Services Pvt Ltd, the parent company of ride-hailing platform Rapido, over allegations that it operated bike-taxi services without the required licence. The case adds fresh regulatory pressure on one of India’s most visible mobility startups, at a time when the bike-taxi model remains under scrutiny across several states.

5 min readRead →
India Sports & Cricket14 Oct 2026, 09:57 AM IST

Jaandaar Delivers on Expectation in Pune Derby, Underlining Class and Composure

Jaandaar justified the pre-race confidence in the Pune Derby with a performance that combined pace, control and finishing authority. The result reinforced the horse’s standing as a leading contender in the local racing circuit and gave the contest the competitive edge expected of a marquee Derby event.

5 min readRead →
Banking, Fintech & Insurance07 Nov 2026, 08:00 AM IST

PSU Banks Cut Fresh Deposit Rates More Sharply Than Private Lenders in September, RBI Data Shows

Public sector banks reduced interest rates on fresh term deposits more aggressively than private lenders in September, according to Reserve Bank of India data, signalling continued pressure on funding costs across the banking system. At the same time, fresh rupee loan rates eased at state-run banks while private banks held lending rates steady, pushing the weighted average lending rate on new loans down to 8.51% from 8.61% in August.

5 min readRead →
Banking, Fintech & Insurance04 Nov 2026, 08:00 AM IST

PSU Banks Outpace Private Lenders on Margins as Funding Costs Bite

Public sector banks are emerging as the clearer winners on net interest margins this quarter, even as private lenders continue to post profit growth and expand loan books. The divergence reflects a tougher funding environment for private banks, rising foreign currency deposit costs, and a shift in loan growth toward corporate advances over retail lending.

4 min readRead →
Banking, Fintech & Insurance03 Nov 2026, 05:00 PM IST

Insurers, Pension Funds Accelerate Private Credit Bets as New Funds Draw Heavy Institutional Capital

Institutional investors are deepening their exposure to private credit in India, with insurers, pension funds and development finance institutions emerging as major backers of new fund launches. Neo Alternative Asset Managers said its second fund drew 22% to 25% of commitments from these investors, while Ascertis Credit’s fourth fund secured more than $700 million from multiple institutions, underscoring a sharp rise in demand for non-bank lending strategies.

5 min readRead →
Startups & Venture Capital31 Oct 2026, 08:00 PM IST

India’s First Private Fusion Venture Advances Toward Tokamak Design Milestone

Bengaluru-based startup Pranos Fusion is moving toward a major technical milestone in its bid to build India’s first privately developed tokamak, with design work expected to firm up in 2027. The development marks a notable step in India’s emerging fusion-energy ecosystem, where private capital is beginning to test a field long dominated by state-backed research and global scientific consortia.

6 min readRead →
Banking, Fintech & Insurance30 Oct 2026, 05:00 PM IST

PSU Banks Outpace Private Lenders on Margins as Funding Costs Bite

India’s banking sector is showing a sharper-than-expected split in the second quarter, with public sector banks posting stronger net interest margin expansion than many private peers. Private banks, however, continue to deliver profit growth and loan expansion, even as higher funding costs and foreign currency deposit pressures weigh on profitability.

4 min readRead →
Banking, Fintech & Insurance28 Oct 2026, 05:00 PM IST

Private Banks See Margins Narrow as FCNR Deposits Lift Funding Costs

India’s leading private sector banks reported a decline in net interest margins in the second quarter, with foreign currency non-resident deposits emerging as a key drag on profitability. Analysts said the leveraged structure of these deposits, combined with faster repricing of assets as interest rates eased, squeezed spreads across the sector.

4 min readRead →

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