City Mumbai Financial News

24.01 / 11:23

Citi Platform trends travelers Schools Destinations Ram Mandir effect: Online bus ticketing platform AbhiBus records 86% rise in demand

bus ticketing platform AbhiBus said on Wednesday it has seen an 86% month-on-month increase in travel demand to Ayodhya, particularly among Gen Z travellers. The company said the surge reflects a 'significant' trend of enthusiasm and spiritual inclination among the younger generation to visit the Ram Mandir.

24.01 / 10:41

Citi Target Entertainment Celebrity show pop acquires Nazara-owned Nodwin Gaming acquires Comic Con India

₹55 crore through a combination of cash and share swap from the founders of Comic Con India – Jatin Varma and Karan Kalra. Comic Con India was founded in 2011. The company organizes various festivals across India, in segments like comics, cosplay movies, TV shows, merch, gaming and much more.

24.01 / 10:41

Citizens Racing Parke Election wellness track Mumbai Maharashra govt’s so-called land development plans are unfair to Mumbai people

Election-spotting is a common pastime on Mumbai suburban trains. Commuters have devised a back-of-the-envelope indicator for predicting timing of elections: when Maharashtra’s ruling government frantically tries to close multiple real estate deals in Mumbai. This barometer seems to be indicating another imminent round of elections, going by the state government’s aggressive intervention in real estate deals.

24.01 / 05:23

UPS Cooper security reports Courts Investigations Mumbai Mumbai news: NCP workers protest as Rohit Pawar reports to ED for questioning in MSC Bank scam case: ‘Not scared…’

Sharad Pawar's grandnephew Rohit Pawar has been summoned by the Enforcement Directorate (ED) to appear before the agency today, 24 January, Wednesday, for questioning in connection with the Maharashtra State Cooperative (MSC) Bank scam. On Wednesday, NCP-Sharad Pawar faction leader Rohit Pawar said, “I am carrying all the files and documents that the agency had asked for. I will answer all the questions of ED and will support them.

24.01 / 05:03

markets Citi Provident Align Sustainability Remark Metro What Budget 2024 holds for the Indian real estate sector?

2023 proved to be a remarkable year for the Indian real estate sector, for both residential and commercial segments. The real estate bull run has been propelled by heightened demand and impressive absorption rates. Now, poised at the cusp of a new fiscal year, the real estate landscape looks towards the budgetary announcements to sustain and amplify the positive trajectory witnessed in 2023.

24.01 / 05:03

Man Action WhatsApp community Celebrity reports Videos Mira Road clash: Bulldozer action, cops’ warning for WhatsApp admins over clash-linked jokes, videos

Days after a clash between the Hindu and Muslim communities broke out in Mumbai’s Mira Road, bulldozers razed illegal structures and encroachments in the Naya Nagar area on Tuesday.

24.01 / 03:43

Citi Celebrity show Schools Nazara Technologies to acquire Comic Con India via Nodwin Gaming

Nazara Technologies on Wednesday announced the acquisition of Comic Con India via its Nodwin Gaming unit. «As part of this transaction, Nodwin Gaming will acquire 100% of the shares of Comic Con India at a valuation of Rs 55 crore through a combination of cash and share swap from the founders of Comic Con India — Jatin Varma and Karan Kalra. They will continue and remain to operate the business as part of Nodwin Gaming,» Nazara said in a statement to bourses.

23.01 / 18:27

markets UPS Provident Booking President prevention Markets take a plunge; stormy weather ahead

MUMBAI : Indian markets plunged on Tuesday as global funds sold heavily in HDFC Bank Ltd and Reliance Industries Ltd (RIL), and retail investors booked profits in smaller stocks, erasing investor wealth of ₹8.56 trillion. The carnage may not be over, though: The derivatives market and the domestic fear index continue to flash signals of turbulence ahead. HDFC Bank and RIL, which command the highest weights in benchmark indices and clocked disappointing earnings in the December quarter, contributed to almost half (48.63%) of the Sensex’s 1,053.10, or 1.47%, fall to 70,370.55.

23.01 / 10:57

UPS FIVE War WPL 2024: T20 league to begin from 23 Feb, final on 17 March. Check full schedule

WPL 2024 will see the participation of five teams, namely Mumbai Indians, Delhi Capitals, Gujarat Giants, Royal Challengers Bangalore, and UP Warriorz. The matches scheduled until March 4 are set to take place at the M Chinnaswamy Stadium in Bengaluru, while the remaining fixtures of the tournament will be held at the Arun Jaitley Stadium in Delhi.

23.01 / 09:05

Waves Assurant Sustainability film Actor paparazzi hospital Saif Ali Khan discharged from hospital followig tricep surgery

Saif Ali Khan has been successfully discharged from Mumbai's Kokilaben Dhirubhai Ambani Hospital after undergoing tricep surgery for an old injury sustained during an action sequence for his latest film. The 53-year-old actor, accompanied by his wife and fellow actor Kareena Kapoor, was spotted leaving the hospital in his car, waving at paparazzi stationed outside his house.

23.01 / 08:41

President students Universities travelers Assam CM Himanta Biswa Sarma directs DGP to register case against Rahul Gandhi for ‘provoking' crowd

(DGP) to register a case against Congress leader rahul Gandhi for “provoking crowd". Wayanad MP Rahul Gandhi is leading the Bharat Jodo Nyay Yatra, which re-entered Assam on Tuesday. Congress leader Rahul Gandhi on Tuesday claimed that he was "not allowed" to interact with students of a private university in Meghalaya as part of Bharat Jodo Nyay Yatra at the "instructions" of the Union Home minister.

23.01 / 06:41

Digital Manufacturing Gap Pool Align wellness reports Companies battle for small pool of IT employees: Mint-Shine report

MUMBAI : Companies, both IT and non-IT, are grappling with one another to dip into the same cohort of skilled IT employees, leading to a talent gap that India Inc. is struggling to fill.

23.01 / 06:41

COST UPS Provident Man Opinion Experts Budget 2024 expectations: Increased deduction limits, and other benefits. Common man wishlist for FM Nirmala Sitharaman

Salaried individuals are expecting a separate deduction for repayment of home loans, enhancements in Section 80C and 80D deductions, and measures to encourage the shift to the new tax regime for home loan borrowers. Here's what a common man wishes from the Finance Minister in the Union Budget on February 1. Presently as per Section 80 CCE the deductions available under Section 80C, 80CCC, and 80 CCD(1) put together are capped at ₹1.50 lakh per year.

23.01 / 05:53

FIVE Metro WhatsApp Opinion Experts electronic recommendations Financial Dolly Khanna adds multibaggers JKumar Infraprojects, Ujjivan Financial Services in December quarter

Dolly Khanna added multibagger JKumar Infraprojects in her portfolio in the quarter ended December 30, 2023 along with two more stocks Ujjivan Financial Services and Zuari Industries (ZIL).

23.01 / 05:45

UPS security community social Videos peace Mumbai Mumbai news: Security upped in Mira Road after 2 groups clash during Ram Mandir event; govt warns of ‘zero tolerance’

Mira Road on Monday, ahead of the Ayodhya Ram Mandir Pran Pratistha ceremony. Police urged the people of Mumbai to maintain peace and said the cops had taken “timely action". Fadnavis also informed that the police have launched a probe into the incident.

23.01 / 04:51

COST Provident Aware Airlines cover travelers Travel Insurance: Flight cancelled or delayed due to fog? 5 important points to keep in mind

A total of 120 flights (domestic and international) were delayed on account of dense fog last Wednesday. Additionally, a total of 53 flights (including domestic & international) were cancelled because of fog and other operational reasons.

23.01 / 01:43

markets BLOCK SUN Entertainment Enterprise Sony Trade open Zee stock may open 10% lower as sentiment sours

MUMBAI : Shares of Zee Entertainment Enterprises Ltd may open 10% lower on Tuesday and fall further, market participants said, as the termination of its merger with Sony Corp. group’s Indian entity sparks block deals and liquidation of long positions. Mutual funds including Aditya Birla Sun Life MF, Kotak MF, ICICI Prudential MF and Nippon India MF, hold 32.49% of Zee’s equity, while insurance companies like Life Insurance Corp., SBI Life and HDFC Life Insurance Co., hold 10.66% and foreign portfolio investors, including Norges Bank and Vanguard, etc., hold 28.19% as of the December quarter end.

22.01 / 19:11

Airlines economy country reports travelers rights Videos Commuters' rights, anyone?

Twelve schoolchildren and two teachers died when their boat capsized in a lake during a picnic in Vadodara. The boat reportedly was overloaded and had no life jackets. A travelling ticket examiner (TTE) of the Indian Railways was suspended by authorities after a video of him repeatedly slapping a passenger went viral on social media.

22.01 / 17:53

UPS Action community social reports peace Stone pelting on procession in Thane district hours after group clash

Mira Bhayander area adjoining Mumbai on the eve of the Ram Temple idol consecration in Ayodhya. Tension gripped the area at around 10.30 pm on Sunday when a group of 10 to 12 people in three cars and on as many motorcycles were taking out a rally from Naya Nagar under Mira Bhayandar police jurisdiction and chanting slogans in praise of Lord Ram, ahead of the Ram temple consecration ceremony in Ayodhya on Monday.

22.01 / 17:19

BLOCK Trade country social reports travelers rights India, EFTA get ready to ink trade deal after 16 years of negotiations, key issues resolved: Official

European Free Trade Association (EFTA)—the four-nation trading block comprising Iceland, Liechtenstein, Norway, and Switzerland—are close to signing a trade agreement after both sides have reached an understanding on key issues, news agency PTI reported citing a senior official on Monday. "Following extensive negotiations, a shared understanding has been achieved on key issues during the ministerial meeting. Ongoing efforts are now focused on shaping the convergence that has emerged," the news agency quoted the official as saying Commerce and Industry Minister Piyush Goyal held a meeting recently with Swiss Federal Councillor Guy Parmelin in Mumbai.

22.01 / 16:23

Citi Booking economy reports Oberoi Realty reports 48% decline in Q3 net profit at Rs 360 crore

Oberoi Realty has reported 48% year-on-year decline in its consolidated net profit for the quarter ended December at Rs 360.02 crore. Total consolidated income for the quarter also declined 34% to Rs 1,082.85 crore.

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