City Mumbai Financial News

Dawood Ibrahim, Nihal Khan was allegedly shot dead during a wedding event in Uttar Pradesh's Jalalabad. As reported by Free Press Journal, Nihal Khan, who hailed from Mumbai's Byculla had journeyed to Uttar Pradesh to attend the wedding. The body has been sent for autopsy, and the authorities are conducting a probe into the matter.

Gold And Silver Prices Today: Gold prices experienced a marginal decrease on Saturday. The price of 24 carat gold is Rs.6399.2 per gm, down by Rs.214.0, while the cost of 22 carat gold is Rs.5861.7 per gm, down by Rs.196.0.

Read more here Prime Minister Narendra Modi attended the Golden Jubilee celebrations of the Gujarat Cooperative Milk Marketing Federation at the Narendra Modi Stadium in the Motera area of Ahmedabad on Thursday. PM Modi in his speech said, "Our focus is on welfare of small farmers". The prime minister added that, “The large scale on which this organization of small animal farmers is working today is the power of organization, the power of cooperation".

Bank Holidays in February 2024: Today, February 24 which is a Saturday and there might be confusion among people regarding if Banks will be open today. However, as it is a fourth Saturday, banks will remain closed today. Saturdays are typically not designated as bank holidays, except for the second and fourth Saturdays of each month.

injured after a cement tanker hit a bus on the Ahmedabad-Vadodara Expressway in Nadiad in the late hours on Friday. According to the police, bus broke the roadside railing and fell 25 feet down on the roadside. Rajesh Gadhiya, Superintendent of Police, said, «The bus was going from Ahmedabad to Pune in which there were about 23 passengers. The driver of a cement tanker suddenly turned left and hit the bus. Two people have died and several people have been injured. Their treatment is underway. A case will be filed against the tanker driver and further legal action will be taken.»

bade bade deshon mein aisi choti choti baatein hoti rehti hain". The King of Bollywood also ensured that he met every single player, greeted them and struck a chord, leaving the likes of Jemimah Rodrigues, Taniya Bhatia, Shafali Varma and Pooja Vastrakar starstruck. Shah Rukh even met his old friend Sourav Ganguly as a heartwarming video of the two hugging each other was throwback to the old days.

Fund Kaleidoscope, A wide-angle view on the Indian Fund Industry, Dec 2023 edition. These two Adani Group companies are Adani Total Gas and Adani Energy Solutions. The other stocks in the bottom ten included Vedanta, SRF, Hindustan Zinc, Kotak Mahindra, Hindustan Unilever, RIL, SBI Cards and Infosys.

In a significant ruling on February 15, the Supreme Court scrapped the Electoral Bonds scheme. A five-judge bench comprising Chief Justice of India, DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra delivered a unanimous verdict.

Council For Fair Business Practices (CFBP) in Mumbai, mainly supported by VIP and the Tata Group, had the who’s who of the corporate world in attendance. Senior lawyer and CFBP president Swapnil Kothari said, “In today’s competitive times, fair business practices are more imperative — whether for a corporate behemoth, a small-scale enterprise or an individual. “CFBP considers itself to be the pioneer and the custodian of ethics, as it passionately professes, practises and propagates fair practices in an endeavour to touch every spectrum of society — be it industry, medicine, law, women empowerment or education. Carrying forward the legacy of our visionary founders, primarily JRD Tata, Ramkrishna Bajaj and Soli Godrej, I feel that today, and for the next 25 years, business ethics, climate change and women empowerment will be the buzzwords in the corporate world or our societal consciousness.” Ex-advisory board member and 16th Finance Commission chief Prof Arvind Panagariya set the tone for the morning by going back in history about the scriptural essence of ethics and how they were steeped into the sublime consciousness of the great founders of CFBP.

IPO of Sadhav Shipping opened for subscription earlier on Friday and will close on February 27. The issue was subscribed 59% so far on the first day of the bidding. Here are 10 key things investors need to know about the public offer before applying.

India next week as part of their goal to strengthen India-US collaboration and student and scholar mobility between the two countries. The delegation from the American universities will visit 26 institutions in New Delhi, Mumbai and Hyderabad. This visit gains significance in the wake of the recent spate in incidents of attacks on Indian students and those of Indian origin in various parts of the country. The delegation builds on recent years of US and Indian government-led efforts to partner in pursuit of mutually beneficial strategies.

India is renewing its push to add rooftop solar to meet the needs of a fast-growing nation that's hungry for energy

Tata Group and Reliance Industries, two of India's largest conglomerates, are vying for premium retail real estate in Mumbai as they extend their footprints, creating rivalry in a city starved of marquee properties. From Zara and Starbucks to Westside and Titan, the Tata Group occupies nearly 25 million square feet of retail space in India. That is still no match for Reliance Industries that control three times more at 73 million sq ft for more than 100 local and global brands. But in Mumbai, they are evenly matched, having nearly 3 million sq ft of retail space each. That is a quarter of what is considered the most prime retail real estate in the country, and both the retail giants are looking for more. «In a modern retail environment, most visible locations contain more successful or larger brands. It just so happens that many of those brands are owned by either Reliance or the Tatas,» said Devangshu Dutta, founder of Third Eyesight, a strategy consulting firm.

bidders are queueing up for the debt-laden Rolta India after the National Company Law Tribunal (NCLT) allowed Patanjali Ayurved to submit a late bid for the company. Welspun Group's MGN Agro Properties and Mumbai-based B-Right Real Estate have successfully petitioned the NCLT to also submit bids. In fact, the Mumbai bench of the NCLT gave all new bidders time till February 25 to submit a formal expression of interest.

₹61.5 million, or about ₹200 per vehicle. This made sense, because the toll for traversing the whole bridge is ₹250, with smaller amounts for shorter stretches. Sounds like a lot of cars? Sounds like there was plenty of early curiosity about this sparkling new addition to the Mumbai landscape—or seascape, rather—and that settled down to a more routine flow of vehicles? Maybe so.

Jai Shree Ram" to confirm the booking. According to a report in The Free Press Journal, Dr Pathan did not take the ride, or respond to the text. He said that the incident was a reflection of growing intolerance in the society.

Congress MLA and Baba Siddique's son Zeeshan Siddique on Thursday said he will remain with the Congress party but will keep his options open. This comes after the President of Mumbai Pradesh Youth Congress, Zeeshan Siddique said communalism in Congress and youth Congress was more than outside. He said Muslims were discriminated within the party. Zeeshan Siddique was elected to the assembly in 2019. He defeated Shiv Sena leader and former mayor Vishwanath Mahadeshwar. Earlier this month, Maharashtra minister Baba Siddique quit Congress and joined NCP in the presence of party chief and Maharashtra Deputy CM Ajit Pawar.

investment firm, has raised $6.4 billion under KKR Asia Pacific Infrastructure Investors II SCSp, for its infrastructure-related investments across Asia Pacific. At close, the fund is the largest pan-regional infrastructure fund to have been raised for Asia Pacific, stated a press release. This closely follows KKR’s debut Asia Pacific-dedicated infrastructure fund, KKR Asia Pacific Infrastructure Investors SCSp, which closed at $3.9 billion in 2021 as the largest Asia-dedicated pan-regional fund at the time.

planned to run four buses over the MTHL on an experimental basis from February 20. However, the Times of India reported that the number was raised to six due to "commuter demand". ALSO READ: Atal Setu: Built With 17 Times More Steel Than Eiffel Tower! The report quoted an official as saying on Wednesday that during the inaugural run on Tuesday, as many as 150 passengers travelled by Shivneri bus between Mumbai and Pune.

Gauri Khan, known for her creative endeavours, has ventured into the hospitality industry with the grand inauguration of Torii, her debut restaurant located in Mumbai. The launch event, which coincided with Valentine's Day 2024, attracted a constellation of stars including industry stalwarts like Karan Johar, Bhavana Pandey, Maheep Kapoor, Neelam Kothari, and Seema Sajdeh.

Grasim Industries, the flagship company of the Aditya Birla Group, has made its foray into the paint business with the launch of their highly anticipated brand, Birla Opus. This move intensifies competition in the decorative paints sector, currently dominated by major players like Asian Paints and Berger. The Mumbai-headquartered group aims to become a profitable No. 2 player in the coming years. «The launch of our paints business mirrors our zest for innovation. The booming construction sector is a major reason for this venture,» said Chairman Kumar Mangalam Birla at the launch event.