City Mumbai Financial News

Payal Kapadia etched her name into the history of Indian cinema when she won the Grand Prix at the Cannes Film Festival. Her Malayalam-Marathi-Hindi language film, ‘All We Imagine As Light’, beat stiff competition from such legendary directors as Francis Ford Coppola, Andrea Arnold, Mohammad Rasoulof, David Cronenberg and Jia Zhang-ke to land the coveted prize.

IPL) final between Kolkata Knight Riders and Sunrisers Hyderabad fired up bookings at bars, pubs and cafes across India by 30-50%, compared to a regular weekend, executives said, with the heatwave adding to demand for cooler leisure options. “Alcohol sales saw a big spike, as average time spent per consumer at outlets was more,” said Vikrant Batra, founder of Cafe Delhi Heights. “Malls also did phenomenally well because of the heatwave. That’s another reason we saw spike in sales at our mall outlets.” During an otherwise lean season for pubs, bars and restaurants because of people being away on summer vacations, the IPL final in Chennai triggered a dramatic spike in footfall and sales across the cricket-crazy nation, executives said.

Karan Bhagat, founder, managing director and chief executive officer of wealth and alternatives-focused asset firm 360 ONE, bought two sea-view luxury apartments in a super-premium residential tower in Mumbai’s plush Worli locality for a total Rs 170 crore. The apartments cover 12,900 sq ft built up area on the 45th and 46th floors of Three Sixty West project on Dr. Annie Besant Road. Bhagat will also get exclusive access to eight car parking slots. The deal was struck at about Rs 1.31 lakh per sq ft, pushing it higher in the tally of most expensive deals on per sq ft basis anywhere in the country.

Lounge spoke to experts to shed light on the process, offer tips to make your first mammogram a breeze, and guide you on how to stay breast cancer-aware. Breast cancer can be detected early if proper examination and specific tests are done regularly, especially once you turn 40. Certain gynaecological investigations and tests such as a pelvic examination, pap smear, and breast examination become more crucial for women's health as they approach the age of forty, says Dr.

All We Imagine As Light, Chidananda S Naik's Sunflowers Were the First Ones to Know and Anasuya Sengupta of The Shameless each took home a prize.This achievement made the 77th edition of Cannes especially memorable for India. The festival featured eight films from India or about Indian themes.Kapadia, a graduate of the Film & Television Institute of India (FTII), made history as the first Indian filmmaker to win the Grand Prix award for her film All We Imagine as Light."Thank you, Cannes Film Festival for having our film here.

₹1.1 crore in compensation by a Motor Accident Claims Tribunal. This decision comes after her mother died in an accident in Mazgaon in 2015 when their scooter was hit by a trailer, The Times of India reported.Ritika's father and grandfather, who initially filed the claim, passed away while the case was still active, TOI reported.

gold in the last one week has been 0.67% .whereas in the last month it has been -0.03%.The cost of silver is Rs.89850.0 per kg Gold Price Today in Delhi is ₹73252.0/10 grams. Yesterday’s Gold Price on 25-05-2024 was ₹74574.0/10 grams. and last week’s gold price on 20-05-2024 was ₹75071.0/10 grams.

Indian airports, calling it a “bottleneck" for passengers.In a post on X (formerly Twitter), Kapoor wrote, “Airport entry queues and ID/ticket checks - India is the only major country I am aware of that requires this. I wonder if there is a way forward that does not require this bottleneck."He further mentioned that DigiYatra, an application which helps facilitate a smooth and paperless air-travel experience, is only for tech-savvy air travellers.

Top Events on May 26: India is all set to witness various political, international, technological, and sports events on Sunday. Congress leaders Mallikarjun Kharge and Rahul Gandhi will address poll rallies in Odisha. South Korea, China, and Japan will hold their first trilateral summit today.

Indian Premier League 2024 finale at the M Chidambaram Stadium in Chennai on 26 May.However, the bigger news is that American pop-rock band ‘Imagine Dragons’ is all set to perform at the IPL closing ceremony.ALSO READ: Tomorrow’s IPL Match: KKR vs SRH - who’ll win Kolkata vs Hyderabad final on May 26? Fantasy team, pitch report and moreBand's lead singer Dan Reynolds confirmed his presence at the closing ceremony of IPL Season 17 and heaped praise on Virat Kohli.A video was shared by Star Sports on X, where Dan can be heard saying, “This the stage where we come along. The moment is here.

₹50 lakh after an IPL season and said it eased his family's economic hardships.The shorter version of the interview with the part where the cricketer talked about his finances and his mother's role in it was shared on X (formerly Twitter) captioned: “Most of Hardik Pandya's property is in his mother's name. Gujarati Brain For a Reason".The user who shared this post likely did so in response to the rumours of the speculated divorce settlement.Notably, the interview was conducted three years before the cricketer married Natasa Stankovic and had a child, Agastya.

Lungs. This acclaimed play by Duncan Macmillan, which first premiered in 2022, has been directed by Quasar Thakore Padamsee. Starring Dilnaz Irani and Prashant Prakash, the poignant tale revolves around a couple contemplating the ethical and emotional complexities of bringing a child into a world fraught with conflict, climate change and a burgeoning population.

Mumbai: The rise of artificial intelligence in digital transformation will present more opportunities, and looking at the right kind of upskilling avenues will transform AI’s impact on job redundancies, concurred a panel of senior industry executives at Mint Digital Innovation Summit 2024 on Friday. Speaking at the Summit, in a panel titled 'Macro View: What it means to become a Digital and AI leader’, Jayashree Satagopan, corporate president and chief financial officer of Coromandel International, said, “There will be job redundancies that will happen because of AI. But this is nothing new.

gold in the last one week has been -0.26%. Whereas in the last month it has been -1.54%.The cost of silver is Rs.89850.0 per kg down by Rs.390.0 per kg. Gold Price Today in Delhi is ₹73685.0/10 grams.

Mumbai: Shares of Vodafone Idea soared as much as 11.6% in trading on Friday after brokerage UBS upgraded its rating on the stock to 'buy' from 'neutral'. The brokerage raised its price target on the stock to ₹18, implying an upside of over 19% from Friday's closing. The stock ended at ₹15.11, up 7.5% over the previous day. UBS said it believes the market is pricing in 15-20% mobile tariff increase over the next 12-24 months. «We believe relief in the form of AGR reduction by the Supreme Court or equity conversion, moratoriums etc by the government is highly likely, especially given the government's stated objective of ensuring three viable private telcos,» the brokerage said in a note. UBS said Vodafone will benefit the most if that happens and the risk-reward is attractive before such an announcement. The brokerage maintained its 'neutral' ratings on Bharti Airtel and Indus Towers.

Apple faced an unanticipated challenge soon after it opened two company-owned stores in India last April — many customers wanting to pay in cash — prompting the iPhone maker to install currency note counting machines in both the Mumbai and Delhi outlets. With customers continuing to stream in with wads of notes to buy mobile phones or computers, payments for 7-9% of the American firm's sales in the two stores in India are made with cash, compared to less than 1% or even nil in its stores in the US or Europe, according to people with knowledge of the matter. Unsurprisingly then, social question-and-answer website Quora is full of queries from consumers on whether they can pay in cash at Apple stores in India, they said.

MUMBAI : With barely a fortnight left for the Lok Sabha election results on 4 June, foreign portfolio investors (FPIs) have significantly toned down their bearish sentiment in Indian markets. On Thursday, they cut their cumulative net short positions on index futures contracts by a whopping 121,415 contracts to 98,351 contracts, from 219,766 a day earlier. Along with their purchase of a provisional ₹4,670.95 crore of shares, this short-covering was a key reason why the markets tested a fresh high of 22993.60 on Thursday.

Sun Pharma, India's largest drug maker, will pursue licensing and acquisitions to expand its speciality business, the company's senior executive said. «M&A — we have always tried to be very judicious; looked at ways by which we can use licensing or acquisitions as a way to fill the gaps in our portfolio and achieve our strategic goal,» said Abhay Gandhi, CEO-North America Business at Sun Pharma. «Of course, having a cash chest of close to $2.4 billion inclusive of Taro enables us to pursue mid- to large-size transactions as well,» Gandhi said.

MUMBAI:The account aggregator (AA) framework, regulated by the Reserve Bank of India (RBI), can significantly simplify financial tracking for smaller companies and individuals, according to BG Mahesh, chief executive of Sahmati, at the Mint Digital Summit 2024. Sahmati is a member-driven industry alliance dedicated to promoting and strengthening the AA system.“In offline, the cost of processing a file is high.

Mint Digital Innovation Summit 2024.Participating in a panel discussion on “How AI, GenAI are powering digital transformation across sectors in India", Roopa Basrur, vice-president of Global Safety Medical Writing at Parexel, a Durham, North Carolina-based biopharmaceutical services company, said workflow automation, robust decision-making, and search and retrieval of data are the areas where AI's impact has been the most in the pharmaceutical industry.Basrur emphasised the use of AI in medical writing as well, which includes using data to determine whether a drug is safe for use or if there are warning signals.“So, we actually have developed an in-house literature review tool that helps to do exactly what you were talking about, that is cutting down the amount of time spent in drug research and drug safety," said Basrur.Moving to an industry that embraced “digital" from the get go, Abhishek Ravi, chief information officer (CIO) at Mumbai-based Indian fantasy sports platform Dream Sports (Dream11), said AI technology was ever-evolving for him and not an overnight wonder.

Torrent Pharma on Friday said its board has approved to raise funds up to Rs 5,000 crore for issuance of equity shares. «Recommended to the members to obtain enabling approval for issuance of equity shares including convertible bonds or debentures through Qualified Institutional Placement (QIP) and or any other modes for an amount not exceeding ₹5,000 crore in the upcoming Annual General Meeting (AGM),» the company said in a statement to stock exchanges.