City Mumbai Financial News
19.06 / 13:59
markets
Digital
Sustainability
Enterprise
innovations
2020
Features
DBS Bank India Partners with Climes to Make BusinessClass foundED Events Carbon Neutral
This partnership allows the bank to measure the carbon emissions from each foundED event using Climes' carbon neutral event calculator. Once the emissions are calculated, DBS Bank India will neutralise them by encouraging event attendees to select the carbon avoidance and removal projects they want the bank to support.
19.06 / 13:09
President
students
stage
Courts
Investigations
rowing
AAP protests against NEET row, calls it 'national disgrace'
AAP) on Wednesday staged a protest against the alleged NEET scam, calling it a «national disgrace» and demanded a fresh examination. The protest held at Dadar was part of the party's nationwide agitation against the alleged irregularities in the NEET examination, it said. Ruben Mascarenhas, AAP's Mumbai working president, alleged that the NEET «scam» is playing with the future of not just 24 lakh medico aspirants, but all of young India. «We demand that the NEET exam be scrapped and a fresh exam be held. There must be a court-monitored independent investigation and exemplary action must be taken against those involved, especially those who are from the BJP,» said Paul Raphael, AAP Mumbai executive member.
19.06 / 13:09
Entertainment
film
pandemic
Diversity
actress
stars
Sonakshi Sinha's to-be father-in-law was Salman Khan's 'personal bank,' gave loans to 'Dabangg' star
Iqbal Ratansi, Zaheer's father and a prominent figure in Mumbai's business circles, who once financially supported Salman Khan.
19.06 / 12:07
Provident
Infinity
community
performer
country
Features
Sporting
New Balance Expands Presence in Mumbai with New Store at Infiniti Mall, Malad
The New Balance store highlights the brand's commitment to empowering people through sports and quality craftsmanship. The store boasts a carefully curated collection of performance & lifestyle products, within a dynamic retail experience, featuring some of the brand’s popular technologies like Fresh Foam X and FuelCell. One can also see some of New Balance’s iconic lifestyle models, the 9060, 1906, 2002R, and the 550 at this new store.
19.06 / 08:01
markets
security
community
trends
show
country
Destinations
Is India's real estate sector witnessing unprecedented growth among wealthy Indians and NRIs?
Realty also depicts similar trends, showing a growing number of high-net-worth individuals, including NRIs, considering purchasing luxury real estate in India. Amidst these developments, the demand for luxury homes is increasing phenomenally as the growing affluent class aspires for superior amenities, spacious living areas, distinctive designs, prestigious addresses, a healthy lifestyle, and a high return on investment.Moreover, the uptick in NRI participation reflects renewed confidence in the Indian property market and the appeal of investing in premium and luxury real estate, particularly in Goa, Mumbai, and Delhi-NCR.A very interesting fact is unveiled in the Luxury Outlook Survey 2024.
19.06 / 04:49
COST
Citi
economy
Trade
country
Gold and silver prices today on 19-06-2024: Check latest rates in your city
The price change in 24 carat gold in the last one week has been -0.69% .whereas in the last month it has been 1.91%.The cost of silver is Rs.87820.0 per kg down by Rs.190.0 per kg. Gold Price Today in Delhi is ₹73495.0/10 grams. Yesterday’s Gold Price on 18-06-2024 was ₹73663.0/10 grams.
19.06 / 04:19
markets
UPS
IPO
Digital
country
reports
Carlyle-backed Varmora eyes a pre-IPO fundraising round of up to $150 mn
MUMBAI : Sanitaryware maker Varmora Granito, backed by global private equity firm Carlyle Group, is looking to raise $100-150 million in a pre-public listing round, two people familiar with developments in the company said. The mix of primary and secondary fundraise from private equity investors is expected to see the company valued at ₹5,000 crore (nearly $600 million), the people added. “There is significant inbound interest from funds that are willing to invest in the company," said one of the persons cited above.
19.06 / 01:39
UPS
Experts
country
hospital
Schools
Business families seek legal advice to amend tightly written deeds of family settlement amid global expansion plans
business families are asking legal advisors and experts in the field to advise them on possible amendments to tightly written Deeds of Family Settlement (DFS) that were designed to safeguard inheritances in an age that didn’t envisage the prospect of members going abroad venturing into segments that were non-existent at the time. For instance, the younger members of a Delhi-based family which has multiple interests in the consumer sector are seeking opportunities within and outside the country, said a top Mumbai-based business advisor.
18.06 / 18:45
Election
WhatsApp
performer
reports
No change in BJP's Maharashtra leadership and government, party makes it clear
BJP getting ready for Maharashtra assembly polls, the party on Tuesday made it clear that there won't be any change in the state leadership and the government. After the poor performance of BJP-led alliance in Maharashtra, state's deputy CM and BJP leader Devendra Fadnavis had offered to resign from his post. Responding to queries of any change in state leadership and government, Union minister Piyush Goyal, MP from Mumbai North, said, «There will be no change in the state government and once again we will form the Maha Yuti government.» Fadnavis accompanied Goyal when he was talking with reporters after a meeting at BJP headquarters over Maharashtra assembly polls. BJP is exploring the option of declaring candidates for Maharashtra, Haryana and Jharkhand polls, scheduled to be held later this year, before election panel announces dates, sources said.
18.06 / 17:11
UPS
economy
community
band
inclusion
innovations
Infosys offers up to ₹8 lakh to employees to relocate to Karnataka's Hubballi. Here's why
₹25,000. This will be followed by an additional ₹25,000 every six months for the next two years, culminating in a total of ₹1.25 lakh after 24 months.However, for Infosys employees at higher bands than 3 (4 through 7), the relocation allowance can go up to ₹8 lakh, inclusive of the initial relocation allowance, by the end of the same period.This initiative aims to draw employees from the Mumbai-Karnataka region to consider opportunities in Hubballi.It also allows the employees to continue working on their current projects from Hubballi, thereby optimising the use of the facility’s modern infrastructure and reducing operational costs.Lauding the initiative, Karnataka Minister MB Patil, said in a post on X: “Hubballi Set for Growth: Infosys Spurs Local Growth with Incentives.
18.06 / 14:05
love
information
reports
Updates
Interviews
Gautam Gambhir not finalised as India team coach, BCCI interviews THIS surprise candidate
News18.ALSO READ: BCCI accepts 'next India coach' Gautam Gambhir's demand on separate teams for different formats: Report“Gambhir had a virtual interview but Raman’s presentation was very impressive and detailed. The CAC is likely to interview an overseas candidate tomorrow.
18.06 / 10:55
Man
Death
show
reports
Videos
Investigations
Relationships
Man brutally kills ex-girlfriend by hitting her 15 times with spanner in front of crowd in Vasai near Mumbai
Vasai's East Chinchpada area near Mumbai, a 20-year-old man, Rohit Yadav, allegedly beat his ex-girlfriend, Aarti Yadav, to death with a spanner this morning. The brutal attack, captured on CCTV, occurred around 8:30 am as Aarti was heading to work. Disturbingly, a crowd of pedestrians did nothing to intervene.
18.06 / 07:17
markets
COST
UPS
IPO
Analysis
Hyundai
Maruti Suzuki share price falls as Emkay retains 'Reduce' call ahead of Hyundai Motor India IPO
₹11,200. According to the brokerage's analysis, Hyundai Motor India outperformed Maruti Suzuki in terms of profitability due to a stronger mix (about 63% contribution from SUVs vs.
18.06 / 06:05
MET
Sustainability
wellness
show
country
cricket
From Ramayana to cricket, management lessons for India’s family businesses
Family Business Survey 2023 shows that 88% of family businesses in India are poised to embrace a future marked by sustained expansion over the next two years, surpassing the global projection of 77%. Given their vast potential to unlock growth opportunities, The Family Business Excellence Series was launched by family business management consultancy, TriChambers, in Mumbai, to identify aspects that can help such businesses achieve their next level of growth. “The series aims to contribute to India’s economy by collaborating with family businesses, the oldest form of businesses, which are poised to grow exponentially in the times ahead,” Shivani Bagdai, Founder, TriChambers stated in an exclusive interaction with ET Digital.
18.06 / 04:59
COST
UPS
Citi
Trade
country
Gold and silver prices today on 18-06-2024: Check latest rates in your city
The price change in 24 carat gold in the last one week has been -1.84% .whereas in the last month it has been 1.22%.The cost of silver is Rs.88010.0 per kg down by Rs.90.0 per kg. Gold Price Today in Chennai is ₹73806.0/10 grams. Yesterday’s Gold Price on 17-06-2024 was ₹73663.0/10 grams.
18.06 / 03:41
17.06 / 19:29
UPS
Oscar
song
innovations
International
Cannes Lions 2024: India off to a good start with one silver, two bronzes
India started off strong on the first day of Cannes Lions International Festival of Creativity, touted as the Oscars of the ad-world, with one silver and two bronze Lions at the time of going to press. Ogilvy Mumbai won a Silver Lion in the Outdoor Lions category for their 'Megh Santoor' campaign for Brooke Bond Taj Mahal tea — an innovative musical billboard that played a rendition of 'Raag Megh Malhar' whenever it rained. Last year, the campaign also picked up a Guinness World Record for the largest environmentally interactive billboard. India also shone in the health and wellness category, clinching two bronze Lions. One for Ogilvy's 'The Impossible Choice' campaign and the other for McCann's 'Fit my Feet' campaign. «Our compassion-driven and design-led idea helps uplift individuals with clubfoot while also providing a new commerce stream to the cobbler community of India,» said Prasoon Joshi, chairman, McCann Asia Pacific & CEO and chief creative officer McCann India. Out of a total of 26,573 entries submitted across 31 categories, India has submitted approximately 826 entries and garnered 44 shortlists as of now. With three metals already under its belt, the Indian contingent could potentially best its highest Cannes tally — 47 metals in 2022, including two titanium Lions. Last year, the country grabbed 25 metals. Accenture Song's creative chairperson Nick Law kicked off the festival with their annual 'song simplifies' session.
17.06 / 17:23
Mobile
Election
President
electronic
reports
rowing
EVM Row: Shinde Sena minister slams ‘still very young’ Aaditya Thackeray amid blame-game over Mumbai Lok Sabha seat
Mumbai North West Lok Sabha constituency, a tight contest unfolded between both Shiv Sena factions. Ravindra Waikar of Eknath Sinde's Shiv Sena narrowly defeated Amol Kirtikar of Uddhav Thackeray's Shiv Sena (UBT) by a margin of only 48 votes.Aaditya Thackeray weighed in on the ongoing row over Electronic Voting Machine (EVM) tampering after the Lok Sabha Elections 2024 results were declared.Later, Shiv Sena leader Deepak Kesarkar accused Thackeray of creating confusion and claimed that the Shiv Sena (UBT) is not in a condition to 'face the public' in the Maharashtra Assembly Elections, likely to be held later this year.“Aaditya Thackeray is still very young.
17.06 / 14:32
markets
UPS
Provident
Target
Mobile
wellness
reports
After slipping into the red, can Mahindra Logistics execute a U turn?
Mahindra Logistics Ltd (MLL), a 3PL provider, was one of the beneficiaries of the logistics boom. Between 2020-21 and 2023-24, the Mahindra group company’s revenue rose from ₹3,264 crore to ₹5,506 crore. With the outlook for the sector looking very positive, the Mumbai-based firm, which services around 19,000 pincodes, set a new milestone for itself: to become a ₹10,000 crore logistics services provider by 2025-26.
17.06 / 11:37
Entertainment
wellness
film
shooting
reports
Features
Sporting
‘Bhool Bhulaiyaa 3’ team resumes shooting: Karthik Aaryan, Tripti Dimri to head to Madhya Pradesh
Kartik Aaryan will resume shooting for ‘Bhool Bhulaiyya 3’ at the end of June. According to a Hindustan Times report, the ‘BB3’ team will continue shooting for the third installment of the horror comedy at the end of this month. For the uninformed, Anees Bazmee had already shot some portions of the horror comedy in Mumbai and Kolkata earlier this year. The team paused their work while Kartik was occupied with promoting 'Chandu Champion' and the film's leading lady, Triptii Dimri, took a brief vacation in Italy. With the release date approaching, they are set to resume filming. The makers of BB3 are aiming for a Diwali release this year.
17.06 / 11:13
Action
Mobile
Election
WhatsApp
information
Courts
Had polls been free and fair, BJP would have won only 40 LS seats: Aaditya Thackeray
Aaditya Thackeray on Monday claimed the BJP would have won only 40 seats in the recently-concluded Lok Sabha polls if they were held in a free and fair manner. Addressing a press conference here, Thackeray also termed as «fraud» the result of the Mumbai North West Lok Sabha seat where Shiv Sena (UBT) candidate Amol Kirtikar lost by 48 votes to rival Ravindra Waikar of the Shiv Sena led by Maharashtra Chief Minister Eknath Shinde. «Our victory was snatched away by misusing the official machinery,» the MLA claimed. Thackeray said his party will move court with a petition challenging the Mumbai North West seat poll result.
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