City Mumbai Financial News

fountain pen valued at Rs 5,000 and a sum of one lakh rupees were stolen from the check-in baggage of Binod Kumar Mandal, a 46-year-old director at Manipal Tech Group Companies, during his flight from Mangalore to Mumbai on Wednesday. Mandal, who had kept the cash for emergency use and the antique pen, discovered the theft upon landing at Mumbai Domestic Airport.

APM Terminals has signed an agreement with Jawaharlal Nehru Port Authority (JNPA) to develop a new container terminal at the proposed Vadhavan Port project in Maharashtra. The mega project will be set up at an estimated cost of Rs 76,220 crore and have a capacity to handle annual cargo of 23 million twenty-foot equivalent unit (TEUs)/ 254 million tonne.

Bharat Jodo Nyay Yatra. We had also announced that the Yatra will start from Imphal, and culminate in Mumbai," Congress's Manipur president Keisham Meghachandra said. "We met Chief Minister N Biren Singh in this regard on January 10 but were told that the permission will not be given.

Atal Setu' or the Mumbai Trans Harbour Link (MTHL), the country's longest sea bridge, the face of Navi Mumbai is changing rather swiftly, as it will shorten travel time between Mumbai and Navi Mumbai to 20 minutes from two hours. The bridge will also enable connectivity to 'Third Mumbai' or the 'Navi Mumbai Airport Influence Notified Area (NAINA)'. It is to be noted that at present, the infrastructure projects include MTHL, Navi Mumbai Metro, Navi Mumbai International Airport and NAINA which are unfolding one by one.

crypto regulations Mumbai, Reserve Bank Governor Shaktikanta Das on Thursday said the central bank will not emulate others on crypto currency regulations and asserted that «what is good for another market need not be good for us». His remarks come against the backdrop of the US Securities and Exchange Commission approving changes to allow the creation of bitcoin exchange-traded funds in the US. «What is good for another market need not be good for us. Therefore our views — both that of the Reserve Bank and personally that of mine — remain the same,» Das said on crypto currency regulations. He was speaking at a BFSI summit organised by the publication Mint.

Tamil Nadu BJP chief Annamalai booked for promoting religious enmity "We raised the objections about two major scenes. One involves the portrayal of Bhagwan Ram, depicting him, Sita, and Lakshma consuming non-vegetarian food.

₹17,840 crore. Atal Setu is the longest bridge in India and also the longest sea bridge in the country. The bridge is about 21.8 km long six-lane bridge having about 16.5 km length over sea and about 5.5 km on the land.

Narendra Modi will inaugurate the Mumbai Trans Harbour Link (MTHL) on January 12, 2024, marking a significant milestone in India's infrastructure development. The bridge, now named 'Atal Bihari Vajpayee Sewari-Nhava Sheva Atal Setu', is not only the longest sea bridge in India but also ranks 12th longest globally. "I look forward to being among the people of Maharashtra tomorrow, 12th January, which is also the Jayanti of Jija Mata and Swami Vivekananda.

Polycab India, a leading electrical wires and cables manufacturer to ₹4,300 apiece from an earlier target price of ₹5,809 apiece to factor in the uncertainties due to the IT raid, by cutting the target P/E to 30x December 25E from 38x September. The company shares were in the spotlight over the last few sessions amid circulating reports of tax evasion allegations against the company.

₹30,500 crore during his visit to Maharashtra.He will inaugurate the Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu built at a cost of about ₹17,840 crore. Atal Setu is the longest bridge in India and also the longest sea bridge in the country.Join us to read the LIVE updates on PM Modi's visit to Mumbai on 12 January:The maximum speed limit for four-wheelers on the Mumbai Trans Harbour Link (MTHL) will be 100 kmph.The speed will be restricted to 40 kmph on the ascent and descent of the bridge.There will be no entry for vehicles like motorcycles, mopeds, three-wheelers, autos, tractors, animal-drawn vehicles and slow-moving vehicles.PM Modi will also lay the foundation stone of the underground road tunnel connecting Eastern Freeway's Orange Gate to Marine Drive.

Eknath Shinde-led Maharashtra Government has announced the “Mumbai Air Show 2024". The show includes aerobatic displays by the Suryakiran Aerobatic Display Team (SKAT) and the 'Sarang' Helicopter display team. According to a government statement, the IAF outreach programme will be held from 12 January to 14 January 2024 between 12pm to 1pm over Marine Drive.

Calicut-Mumbai flight slammed the airline on the internet for serving her non-vegetarian food, despite ordering a vegeterian meal. In a post on X (formerly Twitter), Veera Jain posted pictures of the food along with her PNR number and other details. “On my @airindia flight AI582, I was served a veg meal with chicken pieces in it! I boarded the flight from Calicut airport.

Atal Setu in Maharashtra today, December 12, Friday. Built at a cost of about ₹17,840 crore, Atal Setu is the longest bridge and also the longest sea bridge in the country. 1) The prime minister’s vision is to improve the ‘ease of mobility’ of citizens by strengthening urban transport infrastructure and connectivity.

MUMBAI : From 11 January to 15 April, 54 companies will have their shareholder lock-ins worth $13.52 billion lifted. This is likely to lead to a series of block deals, with domestic and global institutions, as well as high-net-worth individuals, bidding for the shares. “The value pertains to the total lock-up opening shares, but it’s important to note that not all these shares will come up for sale as a sizable portion of them are held by promoter groups," said Abhilash Pagaria, head, Nuvama Alternative and Quantitative Research.

MUMBAI : The US may have green-lighted exchange-traded funds (ETFs) in bitcoin, but for India’s apex banking regulator, cryptocurrencies remain a strict no-no. “The way we look at crypto remains unchanged, irrespective of who does what," Reserve Bank of India (RBI) governor Shaktikanta Das stated at the 16th Mint Annual BFSI Summit and Awards in Mumbai on Thursday. “Just because somebody is doing something, we are not here to emulate them." The US Securities and Exchange Commission (SEC) on Wednesday approved the first US-listed ETFs to track bitcoin, marking a milestone for the world’s largest cryptocurrency and the broader crypto industry.

NEW DELHI, MUMBAI : Tata Consultancy Services (TCS) Ltd and Infosys Ltd on Thursday reported their lowest attrition in more than two and three years, respectively, indicating a muted job market in the growing shadow of artificial intelligence (AI). In the December quarter, Infosys’s attrition rate at 12.9% was the lowest in 12 quarters, while TCS’s at 13.3% was the lowest in nine quarters. Their highest rates were 28.4% (Q1FY23) and 21.5% (Q2FY23) respectively.

NEW DELHI : Data center and IT infrastructure provider NTT is massively expanding its presence in India, which it considers to be both geopolitically stable and the world’s fastest growing data center market. The company has eight new data centres under construction in India, which would add to its 14 existing centres in the country. India also offers a large pool of talent and revenue growth opportunity, which will further expand with the advent of AI and GenAI, NTT Global Data Centers chief executive and president Doug Adams said while launching the company’s first data centre in Noida, Uttar Pradesh on Thursday.

Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, built at a cost of about ₹17,840 crore. Atal Setu is the longest bridge and also the longest sea bridge in the country. Prime Minister’s vision is to improve ‘ease of mobility’ of citizens by strengthening urban transport infrastructure and connectivity.

MUMBAI : Reserve Bank of India governor Shaktikanta Das said the central bank is waiting for the right time to increase the overseas investment limit for domestic mutual funds, which is currently capped at $7 billion for the entire industry. The RBI governor said although the rupee has stabilized after it was under pressure at the start of the Russia-Ukraine war, RBI is still waiting for the right time to revise the overseas investment limit for mutual funds.

₹10 billion ($120 million) to commit to giving away a quarter of their wealth. Governments are doing their part to encourage giving, too. In Singapore, a financial hub where many well-off Asians store their wealth, the government has used a series of tax incentives to promote the city-state as a centre for philanthropy.

NEW DELHI : Visakhapatnam, Ghaziabad and Faridabad are emerging as India’s newest new e-commerce hotspots, according to a new report evaluating the potential of 100 major cities for digital commerce. Bengaluru, Mumbai and Delhi, as expected, top the list, according to the India Digital Commerce Index report by consulting firm Kearney and e-commerce marketplace Meesho. “The second cohort of cities includes the major tier 1 cities of Chennai, Hyderabad, Kolkata, Ahmedabad, and Pune," the report stated, adding that India’s e-commerce market is expected to be valued at roughly $200 billion by 2026.