City Mumbai Financial News

India’s law enforcement authorities confiscated properties worth $11m owned by businessman Raj Kundra as part of an investigation related to an alleged Bitcoin scam.

Lok Sabha elections will be held tomorrow in several states. In total, 102 Lok Sabha seats across 21 states and Union territories will go to the polls in the first phase on April 19. Polling will be held in all seats of Tamil Nadu (39), Uttarakhand (5), Arunachal Pradesh (2), Meghalaya (2), Andaman and Nicobar Islands (1), Mizoram (1), Nagaland (1), Puducherry (1), Sikkim (1), and Lakshadweep (1). Besides, there will be voting in 12 seats in Rajasthan, 8 in Uttar Pradesh, 6 in Madhya Pradesh, 5 seats each in Assam and Maharashtra, 4 in Bihar, 3 in West Bengal, 2 in Manipur, and one seat each in Tripura, Jammu and Kashmir, and Chhattisgarh. In 2019, the UPA had won 45 of these 102 seats, and the NDA 41. Six of these seats have been redrawn as part of the delimitation exercise.

«In the last 24 hours, both BTC and ETH experienced a decline of over 4%. The reasons behind this fall could be attributed to geopolitical tensions, as well as the upcoming BTC halving, historically known for inducing high volatility. Negative ETF data also contributed to market sentiment,» said CoinDCX Research Team.

Punjab Kings lost their last match against Rajasthan Royals on their home turf in a closely contested encounter. Placed in to bat under the captaincy of Sam Curran, PBKS posted a miserly total of 147 runs in their 20 overs, but some fine bowling from Kagiso Rabada, Sam Curran and company brought Punjab Kings back into the game, only for Shemron Hetmeyer to take the Royals home in the final over of the match. Meanwhile, Mumbai were thrashed in their final match at the Wankhede against arch-rivals Chennai Super Kings.

Follow Lok Sabha Polls 2024 Live Updates here Check the state-wise full list of the constituencies where voting will be held on April 19: > Arunachal Pradesh: All 2 Lok Sabha constituencies 1. Arunachal West 2. Arunachal East ALSO READ: Lok Sabha election 2024: Phase 1 voting on April 19; Check out prominent candidates in THESE seats, and other details > Assam: 5 (of 14) Lok Sabha constituencies 1.

MUMBAI: IIFL Finance plans to raise 1,272 crore through a rights issue, at 300 per share, offering a near-30% discount to the market price. The issue opens April 30 and ends May 14. IIFL Finance shareholders will get one share for every nine they hold. This move comes after the Reserve Bank of India (RBI) banned IIFL Finance from issuing gold loans in March.

Air India has sold four of its last remaining Boeing 747-400 jumbo jetliners, marking the end of an era that had once thrust the airline to the global league. People familiar with the matter said the four aircraft have been sold to US company AerSale, a supplier of aftermarket commercial jet engines and parts. While two aircraft are likely to be converted to freighters, two will be disassembled for their parts, the people said. Vman Aviation Services, a Mumbai-based company, will manage the transfer of the planes to AerSale.

Chennai Super Kings (CSK) in Chennai, the flight searches on the portal had gone up 33 per cent month-on-month. Similarly, demand for flights to Lucknow had increased by 29 per cent when Lucknow Super Giants (LSG) and Gujarat Titans (GT) were to clash there on April 7.

Apple has formed a joint venture with renewable energy developer CleanMax to invest in six rooftop solar projects to power its India operations, the US company said Wednesday. The solar project will have a total size of 14.4 megawatts, which will provide a local solution to power the company’s offices and the two retail stores in Mumbai and New Delhi, the Cupertino-based smartphone major said in a statement. The company didn’t provide any financial details.

Anand Mahindra, had on Tuesday, taken to microblogging site X to share a tweet on Dubai rain and floods. His tweet read, “Nope. Not Mumbai.

registrationandtouristcare.uk.gov.in 2) Click on the Register or login option 3) Register by entering your personal details such as phone name, number, email id etc. 4) Complete the registration by entering the OTP sent on your mobile phone.

T20 World Cup: Hardik Pandya’s role in the upcoming T20 World Cup was the main topic of discussion at a significant meeting held at the BCCI headquarters in Mumbai last week, as reported by The Indian Express. The meeting involved captain Rohit Sharma, head coach Rahul Dravid, and selection committee chairman Ajit Agarkar. They concluded that Pandya must bowl regularly to be considered for inclusion in the team, the publication added.

MUMBAI : The Reserve Bank of India (RBI) has proposed that non-banks offering physical point of sale services (PoS) must notify the regulator of their intent to seek authorization within 60 days, and then submit their application by 31 May 2025, for approval to continue operations. “…they shall be allowed to continue their operations till they receive communication from the RBI regarding (the) fate of their application," the regulator said in a draft circular late on Tuesday.

Congress is contesting the Ghaziabad seat, apart from other seats in UP, in alliance with SP as part of opposition’s INDIA bloc.Ghaziabad is going to polls in second phase of voting on April 26. The two leaders have not campaigned together for any of the ten seats of Western Uttar Pradesh going to polls in the first phase of polling on April 19. AICC general secretary Priyanka Gandhi will also be holding a roadshow in western Uttar Pradesh’s Saharanpur on Wednesday.

Reuters. "All flydubai flights scheduled for departure from Dubai this evening (16 April) have been canceled effective immediately until 10:00 (Dubai local time) on 17 April. During this period, passengers who do not have Dubai as their final destination will not be accepted for travel," a flyDubai spokesperson was quoted as saying.

https://www.rbi.org.in/. The bank categorises bank holidays into three groups— holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act, and Real-Time Gross Settlement Holidays. Ram Navami, one of the major Hindu festivals, commemorates Lord Rama's birth anniversary and is observed as a bank holiday in most states of the country.

Read here: Stock market holiday: Is Indian stock market shut for Ram Navami on April 17? The Commodity Derivative Segment on the Multi Commodity Exchange of India Limited (MCX) is closed only for the morning session today, while the evening session will remain open. On MCX, commodity market trading will commence in the evening session from 5 pm to 11:30/11:55 pm today.

New Delhi: India has begun work on a home-built bullet train that will exceed 250 kilometres per hour (kmph), a top government official told ET. The official said it will be faster than any of the trains now running on the Indian Railways. «It is being built on the Vande Bharat platform that can already clock a maximum speed of 220 kmph,» the official said. The designs are being prepared at the Indian Railways' Integral Coach Factory (ICF) in Chennai.

MUMBAI : After investing about $2 billion in India last year, Swedish private equity firm EQT is lining up deals that could lead to another $5 billion worth of investments in the country this year. EQT got its first taste of India in October 2022 after it acquired Baring Private Equity Asia—which once owned Hexaware Technologies Ltd—and has since signalled a strong investment appetite for the country.

MUMBAI, NEW DELHI : Indus Towers expects Vodafone Idea to clear all its pending dues in one go, the top executive of the tower provider said on Tuesday, a day after the country's third-largest telecom operator said that the proceeds of the ₹18,000-crore follow-on public offer (FPO) would not be used for paying vendor or government dues. "We are pleased to see the positive developments on Vodafone Idea’s fundraise and expect that VI will clear over-dues of Indus in its entirety. We remain committed to supporting all our customers in their growth plans and are best positioned to do the same for VI," Indus Towers' managing director and chief executive Prachur Sah told Mint in response to queries.

“unaccounted for water" is just 5 percent, compared to Delhi’s 58 percent. Even other Indian cities fare much better than Delhi - Chennai (35 percent), Mumbai (27 percent), Pune (35 percent). In 2015, of the 906 MGD of water treated, only 498 MGD was accounted for.