City Mumbai Financial News

Kriti Sanon has acquired 2,000 sq ft land at realty firm The House of Abhinandan Lodha's premium project at Alibaug in Maharashtra. In a statement, The House of Abhinandan Lodha on Thursday said Sanon has acquired 2,000 sq ft of land in its premium project, Sol de Alibaug, about 60 minutes from South Mumbai by sea. The recently inaugurated MTHL connectivity further enhances convenience, making this project an even more attractive choice for those seeking a sophisticated retreat in Alibaug's real estate landscape. Speaking on her first investment with HoABL, Kriti Sanon said, «Buying land on my own has been quite an empowering journey and I have had my eyes on Alibaug, for a while.»

Bollywood actor Ronit Roy has purchased a sea-view luxury apartment in Versova locality of Mumbai’s western suburb Andheri for nearly Rs 19 crore from realty developer Macrotech Developers. Roy has acquired the apartment spread over 4,259 sq ft on the 20th floor of the upcoming tower along with his wife Neelam. As part of the transaction, the buyer will get exclusive access to four car parking slots in the tower. He has paid stamp duty of nearly Rs 1.14 crore for the registration of the deal that took place on June 10, showed documents accessed through IndexTap.com.

Marriott International sees India as a significant market for branded residences and plans to launch a dozen projects in the next few years, including a property in Gurugram that will be the biggest Westin Residences project in the world, a top executive said. The Gurugram property, with an investment of more than Rs 5,600 crore, will be developed in phases with local developer Whiteland Corporation and will encompass an area of 6 million square feet, Trinh Quynh Phuong, vice president of mixed-use development for Asia Pacific at Marriott International, told ET. «In terms of hotel development, our second biggest market in Asia Pacific is India, and that's why we want to grow the branded residences market here as well. We believe this is the right time to enter India, as every project launched by a reputable developer is seeing a very good absorption rate,» Phuong said.

rains in Mumbai wreaked havoc on transportation, impacting not only roads and railways but also air travel. Operations at Chhatrapati Shivaji Maharaj International Airport (CSMIA) were significantly disrupted, leading to the diversion of 27 flights and the cancellation of over 50 others. The primary cause of the disruption was heavy rainfall and low visibility, which forced the suspension of runway operations from 2:22 am to 3:40 am on Monday, August 7, 2024. Following the resumption of operations, CSMIA prioritized incoming flights, resulting in potential delays for departing passengers. «The airport is currently working to accommodate the diverted flights and any additional schedule changes caused by the weather event,» a CSMIA spokesperson said.

Cricket in India (BCCI) vice-president Rajeev Shukla on Thursday said that Team India's triumph at the 2024 edition of the T20 World Cup was a 'great achievement'. The Men in Blue got hold of the prestigious T20 WC trophy for the second time, defeating South Africa by seven runs in Barbados on Saturday. Speaking to ANI, Shukla said that everyone in the country is happy after Men in Blue won the T20 World Cup. The BCCI vice-president gave all the credit to the players and BCCI officials for their success in the marquee event.

Maharashtra chief minister Eknath Shinde on Sunday slammed the Congress for accusing the BJP-led National Democratic Alliance (NDA) of corruption. He said the people of the nation are aware of the several scams that took place when the Congress-led UPA government was in power between 2004 and 2014. «The Congress has no moral right to speak on corruption. We saw scams in coal allotment, Commonwealth Games, Augusta helicopter purchase etc. Congress rule was about cut, commission and corruption,» Shinde told reporters at Nagpur airport. He was replying to a reported statement by Maharashtra Congress chief Nana Patole calling Prime Minister Narendra Modi the leader of corrupt people.

Mumbai police has arrested Mihir Shah, the main accused in the Worli hit-run-case. Shah (24) fled from the scene of crime and has been absconding since Sunday. Police sources told ET that Shah was arrested from Shahpur on the outskirts of Mumbai. According to the police, around 5.25 am on Sunday, near Worli, Shah rammed his speeding BMW into a scooter on which a couple was travelling. The woman, identified as Kaveri Nakhwa, was dragged for around 100 meters on the bonnet of the car, leading to her death. Her husband, Pradeep, has been injured. By the evening, the city police arrested Rajesh Shah (Shiv Sena leader of the Eknath Shinde faction) and their family friend-cum-driver, Rajrishi Bisawat in the case.

MUMBAI : Clouds of a disappointing monsoon season are hovering over the Indian economy. The pace of rainfall was a letdown in June, which typically marks the beginning of the monsoon season. But as the chart shows, the cumulative rainfall was in the deficit zone last month.

₹105 crore. The cloud-based technology venture that converts standard websites into mobile-ready versions, started in 2009 as Mobstac. It had raised its first seed venture capital funding at a valuation of ₹7.7 crore, led by Accel and Mumbai Angels, with Blume Ventures joining in a secondary sale of shares later that year.

apsaras Rambha and Sambha, carved in wood. Holding the 200 sq. ft room is a Manjit Bawa painting, depicting a cow and a leopard, their tongues out, forming an infinity sign.

government spending and continued momentum in corporate earnings, according to market watchers. The upcoming government budget will likely boost consumer spending and infrastructure building, which bode well for businesses, strategists and investors surveyed by Bloomberg said. More than half of the 24 respondents estimated that the NSE Nifty 50 Index may advance up to 26,000 points by the end of 2024, while one predicted the gauge can climb even more.

Eknath Shinde on Friday announced a cash reward of Rs 11 crore for the Indian cricket team which won the T20 World Cup. The announcement was made in the central hall of the Vidhan Bhavan (state legislature complex) here where four Mumbai players from the team — captain Rohit Sharma, Suryakumar Yadav, Yashasvi Jaiswal and Shivam Dubey — were felicitated. CM Shinde in his speech expressed his delight over the team's victory against arch-rivals Pakistan in the World Cup.

Hyderabad with large number of fans turning up to the airport to shower the pacer with love and support. After arriving in Hyderabad, Siraj told reporters, «We had to wait 11 years for this moment so I am really happy.» India's 7-run triumph in Barbados over South Africa was their first ICC trophy in 11 years. Before this success, India stood victorious in the ICC Champions Trophy in 2013 under the leadership of MS Dhoni.

Shoppers Stop, India’s oldest department store chain, plans to enter luxury retailing with large-format standalone stores that will sell brands such as Gucci and Louis Vuitton, one person aware of the company’s plans told ET. The new format will also house the Aditya Birla Group’s luxury store The Collective, the person said. The company plans to launch two luxury outlets this fiscal year and one of them could be in Kolkata, the other in Mumbai, the person said.

Team India's triumph in the Men's T2O World Cup. On Thursday, the Indian cricket team-captained by Rohit Sharma-arrived home to a hero's welcome via a specially scheduled charter flight. Before making their way to the ITC Maurya hotel, the players showed off the T20 World Cup trophy to the enthusiastic spectators.

Mumbai: In another tragic hit-and-run incident, a woman tragically lost her life after a BMW collided with the bike she was riding with her husband early on Sunday morning. According to a report from TOI, the couple, residents of Worli, Mumbai, were heading to fetch fish when the accident occurred. The collision was so severe that the 45-year-old woman was thrown onto the car's bonnet. Rather than stopping, the driver continued for approximately 100 metres before fleeing the scene. The injured woman was rushed to Nair Hospital, where she was pronounced dead.

BCCI cannot prioritise one city over another when it comes to organising important finals, said board's vice-president on Friday in response to Shiv Sena leader Aaditya Thackeray's demand. Following a massive turnout during Indian cricket team's T20 World Cup victory parade on Marine Drive to the Wankhede Stadium, Thackeray had urged BCCI to not «take away» any final match from Mumbai. «Yesterday's celebration in Mumbai is also a strong message to the BCCI… Never take away a World Cup final from Mumbai!,» Thackeray had written on X. «It is BCCI's policy that where the final should take place. It cannot always be given to a particular city,» Shukla told PTI on Friday.

hotels in Mumbai are hitting the roof ahead of Anant Ambani’s wedding this week, with hotels experiencing high demand from July 11-17. The wedding is reportedly on July 12 at the Jio World Convention Centre in Bandra Kurla Complex (BKC). Only one presidential suite with a king bed is available at The Four Seasons in Mumbai on July 12, for a whopping Rs 5 lakh a night. This excludes Rs 90,000 in taxes. The Trident in Bandra Kurla has no availability on Booking.com from July 11-12, while the Sofitel Mumbai BKC is available for Rs 66,434 for a night on July 11. The Trident at Nariman Poin is available for Rs 36,875 for July 11, while the ITC Grand Central is available for Rs 25,370. The Oberoi Mumbai is available for Rs 63,130, and Taj The Trees is available for Rs 42,362. A room at the Holiday Inn at the Mumbai International airport is priced at Rs 25,699.

Marine Drive as fans cheer on and await Team India's arrival. The team will have a victory parade shortly to celebrate their #T20WorldCup2024 victory," the ANI posted.The ANI video clip shows a huge crowd taking over the entire road on Marine Drive.

Rohit Sharma heaped praise on all-rounder Hardik Pandya for his heroics in the last over during the ICC T20 World Cup 2024 final against South Africa. The Men in Blue lifted the prestigious T20 World Cup trophy for the second time, defeating South Africa by seven runs in Barbados on Saturday. Rohit announced his retirement from the shortest format of the game after winning the T20 World Cup final. The Mumbai-born cricketer expressed his feelings after winning the trophy in front of the Wankhade squad.

Shiv Sena MP Ravindra Waikar in a hotel redevelopment case, Shiv Sena (UBT) Leader Sanjay Raut remarked on Saturday that it seems even Dawood might receive a clean chit soon. «What else can happen? Now the only one left to receive a clean chit is Dawood. Ravindra Waikar deserted Uddhav Thackeray to join the Shinde group out of fear of the ED,» Raut stated. Waikar, his wife, and four close associates were implicated in a case registered by the Brihanmumbai Municipal Corporation (BMC). The case involved the construction of a star hotel in Jogeshwari, located in Mumbai's western suburbs, allegedly involving manipulation of land use conditions.