Weekly News Round-up: June 19

Here’s a selection of the top business news from the week of June 13.

Pune’s growing fast and continues to attract investment. Here’s a selection of the top news from the week of June 13.
Former Aircel owner Sivasankaran enters app-based cabs biz with UTOO. The start-up, which will initially start its operations in the six metros, Pune and Jaipur aims to make home-office commute easy and comfortable. (via Moneycontrol)
Godrej to invest Rs 200 cr for production ramp up. Home appliances manufacturer Godrej will invest Rs 200 crore to boost production at its Pune and Punjab facilities (via Moneycontrol)
The city continues to drive towards a Smart future! PM Narendra Modi to launch work on Smart City projects on June 25: Naidu. Prime Minister Narendra Modi would inaugurate work on Smart City projects from Pune on June 25, Union Urban Development Minister M Venkaiah Naidu confirmed. (Full Story at Moneycontrol)
Cisco, on Thursday, launched its second Global Delivery Center (GDC) in PUNE after Bengaluru, making India the only country the where the network equipment giant has two GDCs. “The Global Delivery Center in Pune plays a key role in our global strategy to execute global advanced services businesses along with providing services to India,” said Sanjay Pal, vice-president, advanced services, Cisco. (via Economic Times)
In other news, falling foreign student numbers are a worry for Pune. “Pune, Delhi and Bangalore have traditionally been the cities that attract the maximum number of foreign students. But Pune may be losing its edge to cities like Bangalore which are catching up in a big way. While we haven’t seen a drop in the number of foreign students, it has certainly not risen substantially. I think poor promotion of the Indian higher education sector is to blame for this. We can definitely take more students than what we have currently,” said Vidya Yeravdekar, principal director of Symbiosis Society. (via Indian Express)

Pune edition of India Football Tour will be held on 25th June 2016 at Hotfut – Behind Bharat Petrol Pump, Mundhwa Road. Pune being one of the IT hubs in the country has students and professionals from across India. IFT Pune is expected to see great college and corporate teams. (via Sportskeeda)

Among the most worrying news is the recurrence of the Mumbai-Pune Expressway. Last week, a mishap led to a four-hour traffic jam on Mumbai-Pune expressway. The accident took place around 6.40 am at kilometres mark 41.3. Fortunately, no one was injured in the accident. (Full story on Indian Express)

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