City Mumbai Financial News

₹22.29 crore, according to a statement from a Mumbai police official on May 9, PTI reported. A criminal case involving charges of cheating, forgery, and breach of trust was lodged at the Cuffe Parade police station following court orders. The complaint, leading to the FIR, was filed by a 43-year-old assistant vice president of Axis Bank, PTI reported.

enforcement agencies against its candidates or office bearers. A BJP spokesperson, however, denied that the Opposition was being targeted for political reasons. Uddhav Balasaheb Thackeray (UBT) Sena's candidate for Mumbai North-West, Amol Kirtikar, has received a notice from Enforcement Directorate hours after he filed his nomination. The notice was in a case of 'providing substandard khichdi' to migrant workers after the Modi government's overnight nationwide lockdown to stop the spread of Covid-19. Similarly, Nashik police served UBT Sena district chief Sudhakar Badgujar with an 'externment' notice. He has several cases against him and it is not clear why the notice was served on him. However, he was in the news for allegedly dancing in a farmhouse in 2016 with Salim Kutta, an aide of gangster Dawood Ibrahim convicted in the 1993 Mumbai serial blasts case. The notice was served hours after Shiv Sena minister Dada Bhuse said, during a campaign for Sena MP Hemant Godse, that CM Eknath Shinde should look into the Badgujar and Kutta issue. Godse is engaged in a tough fight with UBT Sena's Rajabhau Waje in Nashik.

MSBSHSE norms, students are required to score at least 35% marks in theory and practicals to be declared pass in the board exams. The MSBSHSE conducted the Board exams of Class 12th from February 21 to March 19, while Class 10th exams were held from March 1 to 26, 2024 across the state.

MUMBAI : State Bank of India (SBI) on Thursday expressed confidence in growing its credit book by 14-16% in the current fiscal year, reflecting the general optimism around domestic growth, after delivering stellar results for the March quarter and FY24. “Once again, we have delivered excellent numbers," chairman Dinesh Khara told media persons after announcing the bank’s financial results on Thursday. “Our net profit for the fiscal year FY24 is the highest ever." However, India’s largest lender’s projected deposit growth of 12-13% for FY25 would continue to lag its expected growth in credit, a phenomenon plaguing the entire banking industry.

Mumbai, Maharashtra, India: Kotak General Insurance, an insurance provider in India navigates car owners through the world of car insurance. Understanding the difference between third-party car insurance and comprehensive is very important in selecting the coverage that aligns best with your needs and budget. Third-party car insurance provides the most basic level of coverage mandated by law in India.

To all the Barricades… The Rumour Got You at the Finnish pavilion in the Giardini, which is being presented as an assorted composition of three distinct works. The primary work is a large ballpoint pen drawing on silk across multiple panels, showing people queued up—symbolising the time spent waiting in a bureaucracy and trickle-down economy. It is accompanied by a series of sculptures, which imitate trash found on urban pavements, and a third plane consisting of cross-stitched textile forms replicating stains.

₹6.7 lakh annual premium. "I have a family history of people dying early. This made me seek a high life cover policy so that I can protect my daughter financially while I am living," she says.

The Panorama, nestled in the lush greenery of the iconic Pali Hill situated in theBandra West locality of Mumbai. With the launch of the project, Rustomjee Group is anticipating a Gross Development Value (GDV) of approximately 375 crore rupees.The Panorama by Rustomjee is a luxury residential development that offers exclusive 4 and 5 bedroom residences designed for those seeking the elegance of old Bombay nostalgic charm embedded with the modern amenities necessary for elite luxury enveloped within the natural heritage of Pali Hill.

Mumbai (Maharashtra) [India], May 3: Tata Projects, one of the leading Indian Sustainable Technology-led Engineering, Procurement, and Construction (EPC) company and part of the world-renowned Tata Group, announced its financial results for the fiscal year. Mr. Vinayak Pai, MD & CEO at Tata Projects, elaborating on the FY24 performance, said "Our strategic realignment, organisational transformation and improved focus on operational efficiencies have started yielding results.

Larsen and Toubro on Thursday announced that it was elevating R Shankar Raman as the Preaident of the engineering and construction conglomerate. Post the promotion, Raman will continue to hold the position of the whole-time Director and CFO of the company as well. The company's Senior Executive Vice President (EVP), Energy, Subramanian Sarma has been elevated to whole-time Director and President, Energy.

Kisanserv has announced a plan to open 250 new retail stores across Pune and Mumbai over the next three years, tripling its current footprint. According to the company, it's unique selling proposition lies in offering fresh, premium-packed fruits and vegetables at prices 15–25% lower than the market average. Niranjan Sharma, Founder and CEO of Kisanserv, said in a statement, «Our mission at Kisanserv is twofold: to provide consumers with affordable, high-quality produce and to support local farmers by ensuring fair prices and direct sourcing.»

voter ID cards. This marks the first group of beneficiaries at the shelter, which has been operated by the Social and Evangelical Association for Love (SEAL) for 25 years. Social workers from SEAL facilitated this initiative, benefiting a total of 125 homeless individuals at the shelter. They are now eager to participate in the upcoming Phase-4 elections in the Maval constituency on May 13 by casting their votes. This addition of 125 new voters has caught the attention of political party workers. They have started visiting the SEAL Ashram to campaign for their candidates and inquire about any issues the shelter residents may have that they can address. Pastor Biju Samuel, who is second-in-command at SEAL, told TOI, «We are happy that our shelter home is now finally showing on the political radars of parties, since we now have 125 newly registered voters. For the past quarter century, local politicians were hardly interested in homeless people. Now they do.»

NEW DELHI : Rising gold prices and a series of other factors are set to challenge India's gold jewellery market in the first quarter of the current fiscal year. Demand for the precious metal is expected to be subdued due to price volatility, fewer auspicious wedding dates, and the backdrop of elections in the world's largest democracy. Despite these headwinds, Tata-backed Titan Company Ltd, which houses one of India's top jewellery brands, Tanishq, remains optimistic about the latter half of the year.

Also Read: Mumbai Trans Harbour Link: Auto-rickshaw spotted on Atal Setu despite ban; netizens say 'has good contacts' The viral video, shared by an Instagram user showed the black and yellow auto-rickshaw in California. The visual of the black and yellow rickshaws plying in California streets was a surprise for many Indians who are used to finding the vehicle on busy and crowded Indian streets. Also Read: Ola Electric to launch electric autorickshaw ahead of planned IPO, says report The recent video, shared by an Instagram user Manohar Singh Rawat, has garnered 24,185 likes so far.A post shared by Manohar Singh Rawat (@manoharsrawat) "Auto Rikshaw in California.

Also Read: Salman Khan house firing case: Fifth accused arrested from Rajasthan "He shot a video of Salman Khan's house, then sent it to gangster Anmol Bishnoi," newswire ANI reported quoting Mumbai Crime Branch officials. "Further investigation is underway regarding the recce outside the houses of two more actors," said police. Police further added that shooters – Sagar Pal and Vicky Gupta – were apprehensive about carrying out the firing until Bishnoi reassured them that they would gain virtue by completing the task.

ANI citing the police, “the vendors have been identified as Anand Kamble and Mohammad Ahmed Raiza Shaikh." The police said that a case has been registered against the shopkeeper under sections 304 (culpable homicide not amounting to murder) and 34 of the Indian Penal Code (IPC). According to media reports, Bhokse was admitted to the hospital after he experienced stomach pain and vomiting. Although he was discharged twice, he had to be hospitalized again for a third time.

gold in the last one week has been 0.0% .whereas in the last month it has been -0.86%. The cost of silver is Rs.0.0 per kg down by Rs.85100.0 per kg. Gold Price Today in Delhi is ₹73293.0/10 grams.

State Bank of India (SBI) among 69 companies will announce their results for the quarter ended March 2024 on Thursday. Other companies investors will watch out for include Asian Paints, BPCL and Indian Overseas Bank. Apart from the above, Abbott India, ADF Foods, Ajmera Realty, Alkyl Mines, Alps Industries, Alembic Pharma, ASI Industries, Balgopal Commercial, Capital SFB, Care Ratings, Escorts Kubota, Grand Foundry, Gopal Snacks, HPCL, IOB among others will also release their March quarter numbers.

Rafiq Choudhary, arrested from Rajasthan, had conducted reconnaissance not only at Salman Khan's residence but also at the homes of two other Bollywood actors, according to the Mumbai Crime Branch officials. Gangster Lawrence Bishnoi's brother, Anmol Vishnoi, played a key role in motivating the shooters. After receiving weapons delivery in Panvel on March 15, 2024, Anmol provided the shooters with the target's information, instructing them to carry out the firing at the actor's residence. According to the information obtained from the Crime Branch, Chaudhary had done a recce of the actor Salman Khan's apartment building on April 12 and had also made a video of it and sent it to Anmol.

Mumbai: BSE (The Bombay Stock Exchange) said consolidated net profit was ₹106.9 crore for the quarter ended March 31, up 0.56% from the previous quarter. Consolidated revenue from operations jumped 31.5% to ₹488.4 crore from the December quarter.

MUMBAI Canara Bank, India’s fourth largest public sector bank by assets, reported an 18% increase in profit year on year led by growth in retail loans, other income and a sharp fall in provisions. Net profit increased to 3,757 crore in the quarter ended March, from 3,175 crore a year ago. Total advances increased 11% to 9.60 lakh crore, led by a 12% growth in retail loans and a 19% expansion in the financing of agricultural and allied activities. CEO K Satyanarayana Raju said the bank expects to deliver 11-12% loan growth in the current fiscal year despite conscious efforts to shed low-yielding corporate loans.