Only 73 properties were identified for illegally running commercial businesses in housing societies. The Pune Municipal Corporation (PMC) estimates that areas within its jurisdiction, including merged villages, have around 50,000 such properties.
Ashadhi Ekadashi marks the culmination of the 21-day-long religious processions in which the palkhis of Sant Tukaram Maharaj and Sant Dnyaneshwar Maharaj started from Dehu and Alandi in Pune on June 10 and 11, respectively.
In the past, during heavy rains, the water level was seen rising up to the power meters and the power utility has urged citizens to immediately contact them so as to avoid any untoward incident.
Kotak Strategic Situations India Fund II and Kotak Private Credit Fund have jointly invested INR 732 crore ($107m) in non-convertible debentures (NCDs) issued by RattanIndia Power (RIPL). The financing will aid the company in repaying existing debt. Kotak Strategic Situations India Fund II invested INR 582 crore and Kotak Private Credit Fund invested INR 150 crore. According to Srini Sriniwasan, MD at Kotak Investment Advisors, “the financing provided by our credit funds to RattanIndia underscores our ability to move with agility and provide timely structured financing.