City Mumbai Financial News

five lakh people in the next three years through its vendors and components suppliers," a senior government officer told PTI. The Cupertino-based company is planning a five-fold expansion in its production, targeting an increase of more than five times to approximately USD 40 billion (roughly 3.32 lakh crore) over the next four to five years.

HDFC Bank managing director Sashidhar Jagdishan said the lender «will not be chasing growth for the sake of growth» and «will be delighted even if the margins remain at the current levels». Addressing analysts on Saturday, soon after the bank declared its fourth quarter results, he declined to give any guidance but said the bank will have a positive bias towards growth over the next two to three years. He urged investors to be patient as the bank is going through a transition period following the merger with parent institution Housing Development Finance Corporation last July. Comparing HDFC Bank's transition period to the construction of the coastal road (in Mumbai connecting Marine Drive to Worli), he said: «It's like the coastal road when it was getting built; we were all sort of having a lot of problems with it, we were trying to navigate our traffic around it, but now when it's up and running you know people are so delighted.»

«It’s #SuperSaturday at the Consulate! Hyderabad’s Consulate Team opened its doors on the weekend to help meet demand for visitor visas. 1500 applicants had their visa interviews today and will travel to the U.S. for business, tourism, or to visit family members! #USIndiaFWD,» US Consulate General Hyderabad announced in a post on X.

₹15 lakh on day one of its release as per industry tracker Sacnilk. Released on April 19, film LSD2 witnessed an overall occupancy of 5.48%.

CBI court in Mumbai that granted bail to Yes Bank founder Rana Kapoor in a fraud case has observed that any further incarceration without trial would amount to "pre-trial conviction" of the banker. Kapoor walked out of jail on Friday evening after being granted bail by special CBI Judge M G Deshpande in the last pending case against him, also involving the Avantha Group. Kapoor was arrested in March 2020 in a money laundering case by the Enforcement Directorate (ED). He was booked in eight cases by ED and Central Bureau of Investigation related to fraud at the Yes Bank. The court, in its order that was made available on Saturday, said there is no justification as to why the applicant, who has already spent over 4 years in custody for numerous other cases, should be detained further, especially when he has been granted bail in all other cases. Kapoor's continued detention «would amount to pre-trial conviction», the judge said. It noted the prosecution failed to satisfy the court «regarding the commencement and conclusion of simultaneous trials for this CBI Special case and PMLA Special case (against him)».

Tomorrow's IPL Match: Punjab Kings (PBKS) and Gujarat Titans (GT) will clash on April 21 at the Maharaja Yadavindra Singh International Cricket Stadium in Mohali. PBKS, having won 2 out of 7 matches, are at number 9 on the points table at the moment. GT, on the other hand, have won 3 of their 7 matches and are sitting at number 8 on the points table.

A few days after National Stock Exchange’s managing director (MD) and CEO Ashishkumar Chauhan’s deep fake video wherein he is seen recommending stock went viral, BSE’s MD and CEO Sundararaman Ramamurthy’s video is also doing rounds on the social media. 

Salman Khan's Bandra residence on April 14. The Kutch Police on Tuesday arrested the two accused identified as Vicky Gupta (24) and Sagar Pal (21) and handed them to the Mumbai Crime Branch. Later, a city court sent the two accused to the custody of the Mumbai Crime Branch until April 25 in connection with the firing incident.

gold in the last one week has been -0.18% .whereas in the last month it has been -9.07%. The cost of silver is Rs.86500.0 per kg up by Rs.100.0 per kg. Gold Rate Today in Delhi is ₹75459.0/10 grams.

₹51.2 crore net during its nine-day run in theatres, according to Sacnilk. As per the latest estimates, the film has crossed ₹80 crore mark at the worldwide box office. The movie was released in theatres on April 11 while its premier shows debuted on April 10.

Tesla Inc.’s largest-ever round of layoffs and hours before its quarterly earnings, Elon Musk will fly to India to squeeze in a meeting with Prime Minister Narendra Modi. It’s not an idle period for Modi either, who’s criss-crossing states for election rallies days after voting kicked off in the world’s biggest ballot where he’s seeking a third term.

Mumbai: The Reserve Bank of India (RBI) has approved the appointment of Ajith Kumar KK as the managing director and chief executive of Dhanlaxmi Bank for three years, replacing JK Shivan.

overcrowding in a 2nd AC coach.

Ajmera Realty & Infra India, one of India's leading real estate companies, have rewarded its shareholders handsomely as they consistently hit new record highs with each passing month. Over the past year, the stock has surged by nearly 190%, rising from ₹276.90 to the current market price of ₹802.60 per share. Notably, it has posted positive gains for 9 out of the last 12 months, with January and February showing the highest monthly returns of 31.53% and 26.28%, respectively.

CIBIL score, can indirectly affect your rental applications in a number of ways. Although it does not have any bearing on rental applications in the unorganised market, but some landlords in big cities such as Mumbai and Delhi may consider the credit (CIBIL) score as well of tenants to determine their creditworthiness. They may use the CIBIL score as one factor to assess a tenant’s ability to pay rent on time.

Salman Khan's Bandra residence aimed to intimidate the superstar rather than “causing harm or taking his life", newswire PTI reported. Initial evidence and preliminary investigations, as per the PTI report, suggest that Vicky Gupta (24) and Sagar Pal (21) were allegedly contracted by the Lawrence Bishnoi gang to execute the shooting.

Notably, Delhi boasts of 25% of crypto investors, followed closely by Bengaluru with 16%. Mumbai (9%), Hyderabad (8.9%), Chennai (8%), Kolkata, Pune, Lucknow, and Ahmedabad also contribute significantly to the expanding presence of crypto enthusiasts in the country.

Nadir Godrej resigned from the board of Godrej & Boyce earlier this year, while Jamshyd Godrej relinquished his seat on boards of GCPL and Godrej Properties. The amicable separation is between two branches of the founding family with Adi Godrej and brother Nadir Godrej on one side and their cousins Jamshyd Godrej and Smita Godrej Crishna on the other. The latter two are brother and sister.

Sporta Technologies, the parent company of Dream11, freeing it from the corporate insolvency resolution process (CIRP) rejecting a petition by Reward Solutions. NCLAT concluded that the default date for the debt squarely fell within the timeline of Section 10A of the Insolvency and Bankruptcy Code, 2016. Section 10 A prohibits the initiation of CIRP for default occurring between March 25, 2020 and March 25 2021 as the legislature intended to protect the firms hit by Covid. NCLAT said, "NCLT had committed an error in admitting Section 9 CIRP application by the impugned order dated February 9, 2024," and set aside the February order.

here to register. The virtual fundraising event aims to provide a platform for NGOs working to address pressing social issues and make a meaningful impact in our communities. During the Fast Pitch event, a panel of judges consisting of social impact experts will assess these NGOs according to their potential for impact, scalability, sustainability, and overall feasibility.

₹50,000-60,000, as against an average fare of ₹15,000-20,000 earlier. Similarly, fares for direct flights on Delhi-Dubai route have also surged to ₹50,000-60,000, against an average ₹20,000-25,000 earlier. The Dubai airport has a capacity to handle 90 million passengers per annum and provides connectivity to around 260 destinations worldwide with more than 100 airlines.