City Kolkata Financial News

Mithun Chakraborty has been conferred with the prestigious Dadasaheb Phalke Award, country’s highest recognition in the field of cinema. This was announced by Union Minister for Information and Broadcasting Ashwini Vaishnaw on X earlier today. “Mithun Da’s remarkable cinematic journey inspires generations! Honoured to announce that the Dadasaheb Phalke Selection Jury has decided to award legendary actor, Sh. Mithun Chakraborty Ji for his iconic contribution to Indian Cinema.” Vaishnaw wrote that the award will be presented to Mithun Chakraborty at the 70th National Film Awards ceremony, set to take place on Oct 8, 2024.

Rajesh Kumar made headlines a few days ago when he revealed how he had left his flourishing career on the small screen to pursue a career in farming. The ‘Sarabhai Vs Sarabhai’ actor also stated how he once resorted to selling vegetables in front of his son’s school. In the same interview, Kumar talked about his several failed attempts as an entrepreneur. He also revealed that he had once tried to be on ‘Shark Tank India’, but couldn’t make it. “I had applied for Shark Tank India. I had cleared two out of three rounds. You also had to submit your videos, so I thought, I might get a favour because I am a known face. That there is an actor, who is a social entrepreneur talking about agriculture. My presentation was in Kolkata and it was wrapped within a day. My father paid for the tickets,” he said. The actor claimed that at that time, he was «so shaken» that he didn't think he could get offers for movies without going to auditions. Fortunately, when the opportunity to work on Nawazuddin Siddiqui's movie ‘Haddi’ arose, he was ready for it.

Subscribe to enjoy similar stories. MUMBAI : At a recent informal investor meet-up in Bengaluru, half of the 20-odd participants said they had received calls to buy Swiggy shares ahead of its initial public offering (IPO). The Mint writer's tweet on the subject, asking for comments, elicited hundreds of responses.

Vodafone Idea (Vi) has inked a near ₹13,500-crore deal with Finland's Nokia to buy equipment over a three-year span for its 4G network expansion and 5G roll out. Multiple persons privy to the deal details said Nokia will supply 4G and 5G network equipment to Vi in nine circles. The Finnish gear maker will supply Vi its 5G AirScale network gear portfolio and also upgrade the telco's existing 4G network with multiband radios and baseband equipment, which can also support 5G. The deal is part of Vi's recently announced plans to buy $3.6 billion (read: ₹30,000 crore) of 4G and 5G gear from Nokia, Ericsson and Samsung over a three-year span to bolster its 4G operation and roll out 5G networks in key cities across its 17 priority circles. The move was seen as a significant step from Vi to improve its competitiveness in the market against bigger adversaries Reliance Jio and Bharti Airtel and also stem customer losses.

Hilsa have reached West Bengal from Bangladesh, after the interim government in the neighbouring country allowed export of the fish to till mid-October during the Durga puja festival, importers said on Saturday. Another consignment of the same amount of 'Padmar Ilish' (hilsa caught from Padma river), a favourite delicacy of Bengalis, is expected very soon. The Fish Importers' Association recently wrote to Bangladesh's interim government urging it to allow export of Hilsa as it has been doing during the festival as a goodwill gesture for the last five years. «The first consignment of over 50 metric tonnes arrived two days back via Petrapole border. It was sent to several wholesale markets in Kolkata and districts. Another consignment of around 50 MT is expected to arrive in a day,» Association secretary Syed Anwar Maqsood told PTI.

Chennai Super Kings (CSK) management for the love and support during his tenure as franchise's bowling coach as he joined Indian Premier League (IPL) 2024 champions Kolkata Knight Riders (KKR). Kolkata Knight Riders announced former West Indies all-rounder Bravo as the franchise's new mentor, succeeding Gautam Gambhir, ahead of the Indian Premier League (IPL) 2025. A day prior to the announcement, Bravo, who is going to turn 41 next month, retired from all forms of cricket after sustaining a groin injury in the Caribbean Premier League. Bravo retired from international cricket in 2021 and decided to end his time in the Indian Premier League last year. In the past year, Bravo shifted his focus to coaching roles, featuring for the Chennai Super Kings (CSK) and Afghanistan.

Healthcare costs in India are increasing at an annual rate of 14 per cent, the ACKO India Health Insurance Index 2024 shows. The report reveals how that double-digit inflation is causing the rise in healthcare expenses. The index revealed that 23 per cent of hospital costs are funded through borrowings, adding financial strain on families. With 62 percent of healthcare expenses paid out of pocket, the report emphasised the need for improved health coverage to protect individuals from unexpected health crises. The report identified Delhi as having the highest health insurance claims for kidney disease in India, followed by Kochi. «Delhi is the capital for kidney disease, followed by Kochi. Delhi NCR had the highest share of claims related to kidney health. Kochi, Secunderabad, Bengaluru & Jaipur's share of claims was above the National average,» the index report stated. It noted that the average age of patients with kidney issues is 47, and the largest bill filed for kidney-related problems reached Rs 24,73,894.

manufacturing hub is fuelling warehousing demand from manufacturing-related sectors with multinationals setting up factories in the country. Demand from these sectors climbed to 25% of total domestic warehousing demand in the first half of calendar 2024 from 15% in 2019 led by factors like adoption of the China plus one strategy by multinationals and supportive Indian government policies such as the production linked incentive (PLI) scheme, which currently covers 14 sectors. During H1 2024, total leasing of warehousing space from manufacturing-related sectors reached 4.1 million sq ft, according to CBRE South Asia, a real estate consulting firm.

West Bengal Chief Minister Mamata Banerjee said on Thursday that her government has earmarked land for the establishment of a global capability centre in Kolkata in the semiconductor sector and a detailed discussion was held today with the US Consul General. «We have kept land ready for the purpose of formation of the global capability centre for the semiconductor industry. If this centre is set up, our talent pool will be utilized. It is a big achievement for West Bengal and we are happy. We have been pursuing it for the last three years and huge employment will be generated,» Mamata Banerjee said today. The state government held discussion with the US Consul General today in connection with the semiconductor and Chief Secretary said all support for the hub will be provided. «A team from the Bengal government is holding a discussion presently with their team in Bengaluru. A timeline will be fixed, We have held a meeting with the US Consul General Kathy Giles-Diaz, who was in Kolkata today,» Chief Secretary Manoj Pant said.

₹130 crore, which were developed domestically as part of the National Supercomputing Mission. These advanced systems have been deployed in Pune, Delhi, and Kolkata to support cutting-edge scientific research.During the launch event, Prime Minister Modi stated, "This is a significant day for India in the realms of science, technology, and research. India is placing a strong emphasis on science and technology.

QS Global MBA Rankings 2025, an annual suite of rankings identifying the world's top study destinations for aspiring business leaders. IIM Bangalore (ranked 53rd) is on top of the India list, followed by IIM Ahmedabad (=60), IIM Calcutta (65th) and the Indian School of Business (=86) respectively. While IIM Bangalore has slipped from last year’s 48th spot, India has steadily been increasing its representation in the rankings by higher education analyst Quacquarelli Symond to 14 this year compared to 11 last year and nine the year before. Beyond those in the top 100, the rankings include IIM Kozhikode (151-200), IIM Indore, IIM Lucknow, IIM Udaipur, XLRI- Xavier School of Management, all in the 201-250 band; IMT Ghaziabad, IMI Delhi, IMI Kolkata, MDI Gurgaon and Somaiya Vidyavihar University in the 251+ bracket.

Nirmal Ghosh appeared before CBI officers on Monday in connection with its probe into the rape-murder of a woman medic at RG Kar hospital, officials said. Ghosh, TMC's Panihati MLA, arrived at CBI's CGO Complex office in Salt Lake around 10.30 am, they said. «We had summoned him for questioning on the RG Kar hospital incident,» a CBI officer said. Ghosh is believed to have played «an important role in arranging the hasty final rites of the deceased doctor», he said.

Subscribe to enjoy similar stories. The Merriam-Webster dictionary defines festival thusly: a time of celebration marked by special observances; an often periodic celebration or programme of events or entertainment having a special focus; gaiety, conviviality. The West Bengal chief minister Mamata Banerjee seems to have inadvertently coined a new meaning for the word.

Housing sales are estimated to decline 18% during July-September quarter across nine major cities to 1,04,393 units on high base, according to PropEquity data. Real estate data analytic firm PropEquity on Friday released the data for housing sales across nine major cities. Sales stood at 1,26,848 units in the same period last year. As per the data, the housing sales are estimated to rise only in Delhi NCR (22%) and Navi Mumbai (4%) during July-September period of this year.

Guwahati: In yet another watershed moment in the logistics sector of Assam, the Inland Waterways Authority of India, the nodal agency of the Ministry of Ports, Shipping & Waterways, successfully felicitated one huge Over Dimensional Cargo (ODC), a Vacuum Tower, headed towards Numaligarh Refinery. The ODC was ferried by MV Tidal Waves IV vessel from Kolkata via Indo Bangladesh Protocol Route (IBPR) and is headed to NRL for its expansion project. Prabin Bora, Director (I/c), Inland Waterways Authority of India (IWAI), said, “This is a very positive development in the logistics sector of Assam. This ODC is the result of the MoU signed between NRL and IWAI earlier.”

Arijit Singh made headlines during his recent concert in the UK by declining to perform his protest song "Aar Kobe," which he wrote in response to the tragic rape-murder of a doctor in Kolkata. The song has become a rallying cry for protests following the incident at RG Kar Medical College and Hospital last month.

Sealdah court on Friday extended the CBI custody of RG Kar Medical College and Hospital's former principal Sandip Ghosh and Tala police station officer incharge Abhijit Mondal till September 25. The two have been arrested in connection with the rape and murder of a trainee doctor. Ghosh was arrested by the CBI on September 2 for his alleged involvement in the financial irregularities at the hospital amid the protests over the rape and murder of the on-duty trainee doctor. He was later accused of evidence tampering in the rape-murder case. On Thursday, Ghosh's medical license was cancelled.

real estate data analytics firm PropEquity. The NSE-listed firm said that new launches in the quarter fell to 93,693 units from 1,05,655 units in the same period last year while sales fell to 1,04,393 units from 1,26,848 units in the same period last year. PropEquity tracks housing supply and absorption data in NCR, Mumbai, Navi Mumbai, Thane, Pune, Bengaluru, Hyderabad, Chennai and Kolkata.

Bay of Bengal around September 23. A cyclonic circulation over North Andaman Sea is expected to develop into a low-pressure area in northwest Bay of Bengal around the same date, weather officials said, adding that they are keeping a close watch on the movement of the weather system. Meanwhile, the West Bengal government is providing relief to thousands of people affected by the floods in the districts of Howrah, Hooghly, Paschim Medinipur, North and South 24 Parganas, a state official said. Holding the Damodar Valley Corporation (DVC) responsible for floods in some districts owing to release of water from Maithon and Panchet dams, Chief Minister Mamata Banerjee on Thursday suggested there was a conspiracy behind the situation in the state.

High Net Worth Individuals (HNWI), Chief Executive Officers (CEO), businessmen and Overseas Citizens of India (OCI) are part of India's first Fast Track Immigration-Trusted Traveller Programme (FTI-TTP). As many as 18,400 individuals, frequent global travellers and OCI card holders have been registered in the programme online for availing the service, said a senior home ministry official. Besides Delhi's IGI Airport, the services in the first phase will be made operational at major airports including Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, Cochin, Ahmedabad. According to officials, 60% faster immigration clearance to 1,500 passengers have been granted through e-Gates so far. The facility will be expanded to 21 airports. When asked about the personal data of those enrolled for the programme, a senior official said, «the personal data is safe and secure and details are not to be shared.» As per the programme, «Eligible individuals can apply online for the fast-track immigration facility. Those with approved applications are called to submit their biometrics (fingerprint and facial image) at the international airports in India or the Foreigners Regional Registration Offices (FRRO).»