A 33-year-old man, Abhijit Pote, has been arrested for allegedly murdering a 26-year-old woman technician, Rinku Thite, of the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) over a dispute related to an electricity bill in Pune district. The incident occurred on Wednesday morning at the MSEDCL office in Morgaon, Baramati tehsil.
Real estate developer Puravankara has announced a major move by acquiring the redevelopment rights for a prominent residential society in Mumbai’s upscale Pali Hill area. The 2.5-acre Deccan Society plot boasts an estimated development potential of 4.10 lakh sq ft, with over 2.15 lakh sq ft available for sale. This project is part of the company’s growing portfolio in Mumbai and Pune, where it is actively pursuing redevelopment opportunities. Puravankara has also achieved strong financial performance, surpassing Rs 5,900 crore in sales value for the fiscal year 2024 (FY24), fueled by increased customer collections of Rs 3,609 crore, a significant increase compared to the previous year. With a focus on delivering world-class quality and timely completion, the company is poised to capitalize on the substantial redevelopment potential in the region.
A Pune woman fell victim to an online share trading fraud after being lured by an Instagram advertisement and the offer of a ‘trial seed fund’ of Rs 10,000. She ended up losing a staggering Rs 3 crore from her life savings. The fraudsters manipulated her into making 30 transactions to 12 fraudulent bank accounts totalling Rs 3.04 crore, before she realized that she was being cheated. The woman reported the incident to the Cyber crime police station of Pune city last week. The police have registered a First Information Report (FIR) and are investigating the case. Similar cases of online share trading fraud have been reported in Pune and Pimpri Chinchwad in recent months. Fraudsters are using a variety of baits, including trading tips, virtual lectures, mobile applications, and enticing promises of exorbitant returns. SEBI has issued an advisory cautioning against fraudsters posing as SEBI-registered entities and exploiting social media platforms to peddle fraudulent trading schemes.
The Pune Municipal Corporation has successfully transformed two encroachment-prone lands into thriving urban forests, demonstrating the power of green initiatives to revitalize neglected areas. Despite facing challenges like waste dumping and encroachment, the corporation’s determination and community involvement led to the creation of these vibrant green spaces.
