City Mumbai Financial News

Here's a look at the bomb threats received in India in May 20241. Taj Hotel, Airport, Mumbai: On May 27, Mumbai Police, received a threatening call indicating the presence of bombs at both Taj Hotel and Chhatrapati Shivaji Maharaj International Airport. After a thorough search, Police said that “nothing suspicious was found".

Bandra-Kurla Complex, if everything goes according to plan. The Mumbai Metro Rail Corporation Limited expects to commence phase I of Mumbai Metro Line 3 commercial operations on this route by July, TOI reported. The necessary dry runs have been completed, and some assessments and approvals are awaited. The Metro agency is ready to run over 260 services with its fleet of 19 trains. Once Metro Line 3 is fully operational, it will serve around 1.7 million passengers daily, with trains running every three to four minutes and carrying approximately 2,500 passengers per trip. This line will be Mumbai's only completely underground metro, significantly enhancing the city's transportation system. The first phase of the 12-kilometer-long Metro 3 underground corridor runs from Aarey to Bandra-Kurla Complex.

stock market behaving unpredictably in a highly volatile environment amid Lok Sabha elections, mutual fund investors are caught between fear and greed. On one hand, investors are fearing a correction as the market is already at peak and on the other hand the boom is bringing in FOMO. In the last month, sectoral/thematic funds have topped the return chart and offered double-digit returns. HDFC Defence Fund, the topper in the list, gave 17.54% return in the last one month. Invesco India PSU Equity Fund and Canara Robeco Infrastructure Fund offered 14.86% and 14.79% returns, respectively.

The price change in 24 carat gold in the last one week has been 4.56% .whereas in the last month it has been 1.18%.The cost of silver is Rs.90990.0 per kg up by Rs.1050.0 per kg. Gold Price Today in Delhi is ₹73779.0/10 grams. Yesterday’s Gold Price on 27-05-2024 was ₹73252.0/10 grams.

CNBC-TV18 reported.During the recent earnings conference call, IndiGo's CEO Pieter Elbers revealed the airline's foray into the business class segment. "We will have business class seats deployed on India’s busiest and business routes," CNBC-TV18 quoted an Indigo official.Thus, as per media reports, business class seats will be available on India's most prominent airlines, with 10 to 15 aircraft operating on major domestic metro routes.

Mukesh Ambani and his wife Nita Ambani are all set to host Anant Ambani and Radhika Merchant's second pre-wedding celebrations in Italy between 28 May to 1 June. It is expected that actors, cricketers, businessmen and celebrities would mark their presence at the event.Earlier on Monday, Alia Bhatt, Ranbir Kapoor, Ranveer Singh, Salman Khan, MS Dhoni, and Anil Ambani were seen at Mumbai's private airport. The luxury cruise will embark on a picturesque 4,380-kilometre journey from Italy to the South of France and back.

banking tech startup Gravity has raised $1 million in a funding round led by early-stage venture fund Kettleborough VC. The funds will be employed to enhance “our engineering strength to build the product and take it to the next version, offering the best in product engineering we can,” cofounder and chief executive Satish Krishnaswamy told ET.

High Court has restrained Dubond Products India from manufacturing, distributing or selling its waterproofing product that allegedly has identical trade mark/dressing of Dr Fixit until further order. Mumbai-based Pidilite Industries, the maker of Fevicol and M-Seal adhesive brands, has approached the court to restrain Dubond Products from allegedly infringing its registered trademarks, copyright and passing off for its waterproofing brand Dr Fixit LW. Passing off in intellectual property rights (IPR) law means making a false representation that is likely to induce a person to believe that the goods or services are those of another. «The balance of convenience is overwhelmingly in favour of the plaintiff (Pidilite). Further, irreparable harm and loss will be caused to the plaintiff due to the defendant's continued use of the marks which are wrongful activities,» observed Justice RI Chagla in its order of May 21. «The defendant has various other products apart from the impugned product and therefore the defendant's business will not be affected upon the grant of injunction,» he said further in a 81-page order.

ALSO READ: Mukesh Ambani & Nita Ambani to host Anant-Radhika's 2nd pre-wedding bash? Check the date, venue and guest list hereEarlier, celebrities like Alia Bhatt, Ranbir Kapoor, Ranveer Singh, Salman Khan, MS Dhoni, and others were seen at Mumbai's private airport on Monday. They would be the guests at a a luxury cruise that will embark on a picturesque 4,380-kilometre journey from Italy to the South of France and back, reported Hindustan Times.ALSO READ: Bill Gates congratulates Anant Ambani, Radhika Merchant, says Jamnagar pre-wedding event gave him excuse to...1) The second pre-wedding celebrations of Anant Ambani and Radhika Merchant will take place in Italy between 28 May to 1 June.2) Around 800 guests will mark the presence in the a luxury cruise liner, reported Deccan Chronicle.3) The luxury cruise in Europe will sail for a picturesque 4,380 kilometre journey from Italy to the South of France and back.4) The celebration will start with a welcome lunch, followed by a 'Starry Night'- themed evening gala on 29 May.ALSO READ: Video: Mark Zuckerberg gets impressed with Anant Ambani’s Richard Mille watch; wife Priscilla Chan says, ‘Want that’5) The guests will land in Rome for a tourist day out on 31 May and they will land in Cannes for a masquerade bash on 31 May.

commercial complex Godrej One to Godrej Industries for Rs 157 crore. Along with the office space spread over 8th and 9th floor of the North wing of the commercial tower, Godrej Industries will also get exclusive access to a total 75 car parking slots in the building. The buyer has paid stamp duty of Rs 9.42 crore for the registration of the transaction. The office space on the 9th floor has already been leased to managed flexible workspace provider Simpliwork Offices for a period of 60 months until March 31, 2026. This lease will also be transferred to Godrej industries as the new landlord, showed the documents accessed through Propstack.

Shahid Kapoor and his wife Mira Kapoor have bought a sea-view luxury apartment in a super-premium residential tower in central Mumbai’s plush Worli locality for over Rs 60.41 crore including stamp duty charges. The apartment spread over 6,176 sq ft on the 24th floor of Three Sixty West project on Dr. Annie Besant Road is the second such deal concluded by the actor in this luxury residential tower. Prior to this, Kapoor and his wife had purchased a duplex on the 42nd and 43rd floor of the same tower of the high-rise project for over Rs 58.57 crore in 2018.

NEW DELHI:The National Company Law Appellate Tribunal (NCLAT) has upheld Adani Goodhomes' resolution plan to take over the bankrupt real estate company Radius Estates, rejecting challenges from creditors and debenture holders, including ICICI Prudential Venture Capital Fund and Beacon Trusteeship. Monday's decision affirms the earlier orders by the Mumbai bench of the National Company Law Tribunal (NCLT), which had approved the resolution plan and dismissed allegations of foul play and collusion.Creditors had claimed that the resolution professional (RP), Jayesh Sanghrajka, and HDFC Ltd, the largest creditor, colluded, leading to only one bid being received.

ALSO READ: Pune Porsche crash news: Police reveal how blood sample was tamperedThe BMW belongs to the teenager’s father.According to the police, Subham Mitalia was arrested and a case has been registered against the teenage boy and his father.Inspired by social media reels, the teenager persuaded his father to buy a second-hand BMW car that cost around ₹5 lakh.The BMW car is registered in the name of the minor’s father, who is a government official, reported NDTV. “The case has been registered against the official for allowing his underage son to drive without a driving license," said a police official.ALSO READ: Pune Porsche crash case: Two doctors from Sassoon General Hospital arrestedThe BMW video surfaced on the social media amid the ongoing controversy around a shocking accident involving a Porsche Taycan Turbo S being driven by a 17-year-old boy and resulting in killing of two people in Pune.Two IT professionals, identified as Ashwini Koshta and Aneesh Awadhia, both from Madhya Pradesh, were killed in the accident that took place in Pune's Kalyani Nagar on May 19.On May 23, the Juvenile Justice Board (JJB) cancelled the bail of the teenager accused of mowing down the biker and the pillion rider.

MUMBAI : Investors in India’s equity markets seem to have regained confidence about political and economic continuity heading into the last leg of the national election. One clear indicator of this is that the net value of the marketwide options' open position plunged from ₹4.96 trillion on 7 May to ₹91,149 crore on 24 May, a day ahead of the sixth phase of the election. The last phase of voting will be held on 1 June, and the election results declared on 4 June.

Tata Motors, the impact of commodity prices, sourcing, semiconductor costs and navigating the maze of sanctions was a challenge for each, except that one entity clearly benefited and made the most like no other - the airline.Also Read: Air India passenger receives broken seat despite paying extra ₹1,000; airline issues apologyAccording to data shared by Cirium, an aviation analytics company, exclusively for this article, there has been an increase of just four frequencies between India and the United States in May 2024, as compared to February 2020, the last month of operations before the COVID-induced lockdown. However, a granular look at the data shows that the American carriers have reduced frequency by 21 weekly flights while Air India has added new flights.

bhidu" and Anil Kapoor for "jhakaas"—concerns are rising over the potential impact on creative freedom and expression. Bhidu is a colloquial Mumbai usage, and Marathi, for bro or dude, that's also come to be used as a nickname for Shroff.

Bombay High Court has recently restrained Dubond Products India Pvt Ltd from manufacturing, distributing or selling its waterproofing product that has allegedly identical trade mark/dressing of Dr Fixit until further order. Mumbai-based Pidilite Industries, the maker of Fevicol and M-Seal adhesive brands, has approached the court to restrain Dubond Products from allegedly infringing its registered trademarks, copyright and passing off for its waterproofing brand Dr Fixit LW. Passing-off in intellectual property rights (IPR) law means making a false representation that is likely to induce a person to believe that the goods or services are those of another.

MUMBAI, 22nd May, 2024: Birla Estates Pvt. Ltd. a 100% wholly owned subsidiary of Century Textiles and Industries Limited and the real estate venture of the Aditya Birla Group, announces record sales of its signature tower Silas at Birla Niyaara clocking an extraordinary INR 2500 Cr at launch.

Atlas of the Heart says, “At its core, defensiveness is a way to protect our ego and a fragile self-esteem."Given this understanding, every time someone tries to give us feedback, if we perceive it as them talking about our shortcoming or imperfection, we are likely to react with defensiveness. The reality is that as human beings, we are a work in progress.

Kolkata Knight Riders to their third IPL title on Sunday, captain Shreyas Iyer said his side «played like invincibles» the whole season. The Knight Riders lorded over Sunrisers Hyderabad in the IPL final, winning the lopsided title clash by eight wickets here at the MA Chidambaram Stadium. KKR vs SRH: The highlights «Absolutely comprehensive (the win). We played like invincibles throughout the season. There's so much to cherish right now. This is what we demanded from the team and every individual,» Shreyas said during the post-match presentation.

In India, the real estate sector is witnessing rapid growth, and retail is emerging as a critical component of this expansion. Among various retail formats, high street retail is gaining significant traction, reshaping city landscapes and enhancing local economies. High street retail refers to premium shopping areas typically located in the heart of cities. These bustling streets are characterized by a mix of luxury boutiques, flagship stores of renowned brands, restaurants, cafes, and entertainment venues. Unlike enclosed malls, high street retail spaces offer an open-air shopping experience, often integrated with the city’s cultural and historical fabric.