City Mumbai Financial News

Nita Ambani, the Chairperson & Founder of The Reliance Foundation, took home a ‘Humanitarian Award’ from the Miss World Foundation at the 71st Miss Word Grand finale. The event was held at the Jio World Convention Center in Mumbai on Saturday. The entrepreneur was honoured with this award for her massive contributions to charity and philanthropy.

Sachin Tendulkar, the demi-god of Indian cricket, on Sunday criticized the way Mumbai batters played against Vidarbha in the final of the Ranji Trophy at the Wankhede Stadium. Tendulkar was left disappointed at the batting performance of Mumbai as the home team suffered a middle-order collapse, which included another flop show from skipper Ajinkya Rahane and Shreyas Iyer despite a strong opening partnership between Prithvi Shaw and Bhupen Lalwani. Prithvi Shaw and Bhupen Lalwani gave Mumbai a strong start with an 81-run stand before Yash Thakur dismissed Lalwani.

US Consulate in Mumbai organized a special 'Super Saturday' drive on March 9, screening 1,500 visa applicants. The diverse group of applicants included elderly parents visiting their children, students pursuing education abroad, temporaorkers, tourists, and businessmen, many of whom were first-time visitors. 'Super Saturday' drives, initiated sporadically since 2022, are set to become a quarterly feature going forward. The surge in demand had previously led to a waiting period of up to 1,000 days. However, concerted efforts to increase manpower and resources have significantly reduced the backlog, according to visa chief Katherine Estes. The consulate has encouraged individuals to apply directly rather than relying on agents, emphasizing the importance of monitoring the consulate's website for visa appointment openings. On the 'Super Saturday,' consular authorities made arrangements for seating, water, food, and wheelchairs to facilitate the applicants' experience.

Krystyna Pyszkova clinched the prestigious Miss World 2024 crown at the glittering event held in Mumbai's Jio World Convention Centre. The occasion, graced by luminaries and renowned personalities, marked a celebration of femininity and global diversity. This year's Miss World competition garnered immense anticipation, particularly due to India's rich history of producing exceptional beauty queens. The event, far beyond a mere pageant, resonated as a tribute to womanhood in its entirety. Renowned Indian designer Archana Kochhar curated the stunning ensembles donned by the contestants, adding a touch of Bollywood flair to the spectacle.

Sini Shetty was bested by Miss Lebanon who made it till top 4. Sini Shetty, a 22 year old Bharatnatyam dancer represented India in the beauty pageant. She was born and raised in Mumbai.

Office space demand in India's six major cities will remain healthy this year as domestic and foreign firms are expected to lease 50-55 million square feet area to expand their businesses, according to a FICCI-Colliers report. Gross leasing of office space stood at 58.2 million square feet across six major cities namely Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai and Pune. Industry body FICCI and real estate consultant Colliers India earlier this week released its report 'India Office: Repurposed to scale-up'. The report has given three scenarios for office demand forecast — optimistic, realistic, and pessimistic.

₹7.33 lakh to a con artist posing as a Mumbai police officer. The fraudster initially pretended to be from a courier company and informed Dr. Esther that authorities at Mumbai airport had intercepted a package addressed to her.

I don’t remember seeing a thing quite like that," remarks Greg Joswiak on digital artist Dhruv Jani’s labyrinthian game. Jani and other digital artists who brought their creations to life with iPads and MacBooks at the recently concluded India Art Fair 2024, are meeting Joswiak, senior vice-president of worldwide marketing at Apple, at the tech company’s Mumbai office. “One of the things we see constantly indicative of this generation is (that) they are always trying to make the world better," says Joswiak, who was in India last month.

CNBC-TV18. According to Shahani's LinkedIn profile, Ranjit Shahani is a mechanical engineer from the Indian Institute of Technology, Kanpur, and an MBA holder from the Jamnalal Bajaj Institute of Management Studies in Mumbai, served as the Managing Director and Vice Chairman at Novartis India Ltd. from 2001 to 2018.

women are taking the wheel of sport-utility vehicles, once considered the domain of men, contributing to the segment's sales surge. The share of women SUV buyers has climbed 4.5 times from five years ago amid a growing preference for vehicles with high ground clearance and higher seating. It jumped from only 29,000 units in 2018 to 125,000 units in 2023, showed data from industry sources. Meet Sonal Deshmukh, 40, a Mumbai-based banker. A fortnight ago, when she was in the market to replace her 15-year-old midsize sedan with another vehicle, she was very clear — she didn't want just another sedan and her next vehicle had to be an SUV. Last month, Deshmukh drove home the top-end variant of a midsize SUV. «I needed a car which gives me enough headroom and legroom, offers high seating without compromising on the finesse of a sedan but manoeuvres through the traffic and potholes with ease. Also, something which can be used for the weekend getaways with family. The mid-size SUV we finally chose ticked all the boxes,» said Deshmukh.

Enforcement Directorate (ED) on Friday said it has attached immovable assets worth Rs 367 crore in Delhi, Mumbai, Kolkata and some cities in Odisha as part of a money-laundering probe linked to an alleged bank-loan fraud against Bhushan Steel Limited (BSL). A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach the assets that were held «in the name of benamidars/shell entities through dummy directors so as to conceal them and to ensure that they are out of the reach of law enforcement agencies», the ED has said in a statement. After completing the corporate insolvency resolution process (CIRP), BSL was taken over by Tata Steel Limited in 2018.

MUMBAI : Mumbai: Net inflows into equity mutual funds jumped to a 23-month high in February, led by a surge of investments in thematic or sectoral funds. Net inflows rose 23% month-on-month to ₹26,865.78 crore, the highest since March 2022, data released by the Association of Mutual Funds in India (Amfi) showed on Friday. Thematic or sectoral fund inflows rose a whopping 134.4% month-on-month to ₹11,262.72 crore in February, from ₹4,804.69 crore in January.

NEW DELHI, MUMBAI : The proposed free trade agreement between India and the European Free Trade Association is unlikely to address the issue of carbon tax—a key concern for domestic steelmakers looking to export to Europe. The two trading partners will instead address the issue through a separate pact later, two government officials told Mint. EFTA and India are likely to sign a free trade pact on Sunday, these officials said.

deals. Companies in seed, early and late stages had raised about $147 million from 33 rounds during March 2 to March 8, 2023, as per data from Tracxn.

crypto market during the fiscal year 2023-24 (FY23-24). According to Mudrex's platform data, Delhi topped among female crypto investors in FY23-24. This was followed by IT hubs Bengaluru and Mumbai. Analysis of Mudrex's data reveals insights into the geographical distribution of female investors in India. Among Indian cities, Delhi leads with 23% of female investors, followed closely by Bengaluru with 21%. Mumbai, Kolkata, and Hyderabad also contribute to the growing presence of female investors in the crypto space, demonstrating diverse participation across major metropolitan areas.

Did you know that according to studies published in the Journal of the American College of Cardiology, the prevalence of coronary artery disease in Indian women ranges from 3% to 13% depending on the age group and has increased by almost 300% over the past two decades and the prevalence of heart failure in women in India more than doubled from 1.1% in 2000 to 2.6% in 2015? The mean age of heart attack in Indian women is 59 years, which is much lower than the average age of heart attack in women in developed countries. Hence, it is imperative to talk about heart health through the lens of gender inequities in India.

Dolly Sohi, renowned for her roles in television series such as «Jhanak» and «Bhabhi,» passed away on Friday morning at a hospital in Navi Mumbai after battling cervical cancer. Tragically, her younger sister Amandeep Sohi, also an actress, had succumbed to jaundice just hours before. Dolly, aged 48, had been diagnosed with cervical cancer approximately six months ago and had been undergoing treatment. Manpreet, the siblings' brother, confirmed Dolly's passing, stating that she breathed her last around 4:00 am, Dolly's sister Amandeep, known for her role in the TV series "Badtameez Dil," had passed away the previous night due to jaundice at DY Patil Hospital. Regarding a recent controversy involving Poonam Pandey's fake death stunt aimed at raising awareness about cervical cancer, Dolly had criticized Pandey's insensitivity on a television show, emphasizing the emotional impact such stunts can have on those affected by the disease. «This is a very sensitive topic. This is a very sensitive for a person dealing with it. How can you be so insensitive just to get little publicity. Don't play with other's emotions,» Dolly said.

developer known for luxury projects in south Mumbai and the western suburbs is having a rip-roaring love affair… with luxury cars. The latest addition to his fleet is a Mercedes G-Wagen having a colour customised by the automobile major for him. The G-Wagen is priced north of Rs 4.7 crore in India. Five months ago, the developer bought a Range Rover Evoque and a few weeks before that purchased a Bentley Bentayga, which costs more than Rs 6 crore in India at the top of the range. The magnate's romance with haute wheels shows no signs of slowing down.

Central Bureau of Investigation (CBI) has uncovered a significant human trafficking network that deceived Indians into traveling to the war zone between Russia and Ukraine under the guise of providing lucrative jobs abroad. The agency is currently conducting searches at more than 10 locations across seven cities as part of its investigation. FIR Registered Against Visa Consultancy Firms and Agents Officials have revealed that the CBI has filed a First Information Report (FIR) against various visa consultancy firms and agents involved in the trafficking scheme. During the searches, several individuals have been detained, and an amount of Rs 50 lakh has been seized.

MUMBAI : Mumbai: Gaming firm Nazara Technologies seeks to acquire Smaaash Entertainment Pvt. Ltd through the insolvency and bankruptcy process, two people aware of the matter said. As part of the corporate insolvency resolution process, Nazara will submit its resolution plan by 9 March to revive the bankrupt firm.

Elara Capital India has appointed Manoj Kohli, former country head of Softbank India, as non-executive chairman of its board, said a company statement on Thursday. “Elara Capital will extensively benefit from Manoj’s extensive business and leadership skills to help strengthen our business focus. His guidance will be invaluable to us to further strengthen our client offerings and achieve our growth plans,” said Raj Bhatt, chairman, Elara Capital.