City Mumbai Financial News

Blinkit and Swiggy’s Instamart vertical saw their total orders placed as of the evening of December 31, 2023 surpass the total orders placed on the New Year’s eve last year. Blinkit saw the total number of orders placed on the platform by 5.15 pm cross the total orders placed on the New Year’s eve last year, its chief executive Albinder Dhindsa said in a post on the microblogging platform X (formerly Twitter).

Bollywood actor, producer and entrepreneur John Abraham has purchased a bungalow built over nearly one-fifth of an acre land parcel on tony Linking Road in Mumbai’s Khar locality for over Rs 70.83 crore. The bungalow, 372 Nirmal Bhavan, boasts an expansive total built-up area of 5,416 square feet, spanning across the ground floor and two additional levels. Notably, the actor has acquired this property through a transaction involving a total of 10 sellers, all of whom are members of the same family. The buyer has paid stamp duty of nearly Rs 4.25 crore for the registration of the deal that was concluded and registered on December 27, showed the documents accessed through IndexTap.com. It remains unclear whether the actor intends to embark on a redevelopment project for the property situated on the lively street or if the plan involves renovating the existing structure for personal residence. Currently, the actor resides at ‘Villa in the Sky', a 4,000-sq-ft sea-facing penthouse located on the 7th and 8th floors of a residential complex in Bandra west. Apart from his career in Bollywood, according to media reports, John is known as an astute investor who has invested in various businesses, including internet services, food and beverage, community, fitness, and lifestyle. The actor is also owner of two sports teams-- Guwahati-based NorthEast United, a professional football team in the Indian Super League; and Delhi Waveriders, a professional hockey team that plays in the Hockey India League. ET’s email query to Abraham’s team remained unanswered until the time of going to press. Real estate continues to stand out as a top choice for investments among high-net-worth individuals.

Hyderabad Traffic Police has issued rules and regulations to control the traffic movement. «People are requested to kindly follow traffic rules for their own safety and co-operate with the police personnel on duty,» the official notification of Hyderabad Traffic Police read. Check all the rules and regulations here:

₹8 lakh. Tejas Kubal (23) and Sujal Mahajan (19), who had organised the rave party, have been detained, the police officer added. Police said the detained youngsters have been sent for medical tests and other formalities, adding that a large cache of drugs, narcotics and alcohol were seized from the venue.

startups are set to launch their payloads to demonstrate microsatellite subsystems, thrusters or small engines that keep satellites in desired orbits, and radiation shield coating for satellites on board ISRO's PSLV-C58 mission on Monday. Hyderabad-based Dhruva Space will validate the functionality and robustness of the P-30 nanosatellite platform and its various subsystems in-orbit as part of 'Launching Expeditions for Aspiring Payloads — Technology Demonstrator' (LEAP-TD) payload on the PSLV-C58 mission that will launch the XPoSat satellite.

MV Chem Pluto, approximately 220 nautical miles South West of Porbandar indicates a shift in maritime incidents closer to Indian EEZ," the Indian Navy said. The Navy said the overall situation is being closely monitored by the Indian Navy in coordination with national maritime agencies. "The Indian Navy remains committed to ensuring the safety of merchant shipping in the region," the statement added.

₹45-50 crore, now mostly hovered at around ₹25 crore. This recalibration wasn’t merely numerical but strategic–a pivot towards robust business models, away from the regulatory quagmires. Venture debt, traditionally a side actor, took centrestage, offering critical support to startups, especially in sectors ripe with innovation such as electric vehicles and companies heavy on research and development.

Check all the latest updates on the celebrations of Happy New Year 2024 here!2024 is almost here! With new resolutions and goals, people across the world are set to ring in a prosperous New Year on January 1. The New Year festivities definitely calls for a grand celebration, catching up with your loved ones and levelling up your aspirations.

New Year's Eve with a festive display, adding a touch of sparkle and brightness to kickstart the new year on a positive note. As the countdown to midnight progresses, individuals worldwide are gearing up to set their New Year's resolutions.

Prime Minister Narendra Modi on Saturday flagged off the Jalna-Mumbai Vande Bharat Express connecting the Marathwada city of Jalna with Maharashtra's capital. The train, flagged off by Modi virtually during a function in Ayodhya, started its inaugural run from Jalna, around 400 km from Mumbai, at 12.12 pm, and reached the Chhatrapati Shivaji Maharaj Terminus (CSTM) here at 6.55 pm. It was among the six Vande Bharat Express trains flagged off by Modi.

COVID-19 were recorded in the Greater Mumbai Area on Saturday, the health department said. This brings the total number of positive patients to 208, as per the Brihanmumbai Municipal Corporation, Public Health Department. Of the new cases, three were hospitalised today (Saturday), increasing the total number of hospitalised patients to 22. Currently, 14 out of 4,215 available beds are occupied, the Public Health Department said.

Public Health professional I want to know despite of knowing the quality of Sandwich was not good and informing the Flight attendant prior she still continued to serve sandwiches to other passengers . There were kids , elderly and other passengers …. What if any one catches infection," she said in a post on Instagram.

record-setting spree to surpass all the benchmarks and scaling a new all-time high in 2023 with its best annual performance ever despite higher interest rates and rising property prices. The country’s commercial capital has achieved a new peak in terms of both, registration of properties as well as state exchequer’s revenue collection through stamp duty charges. The maximum city has recorded total registrations of over 1.27 lakh real estate properties in 2023, making it the best year for property sales across primary and secondary market, exceeding last year’s peak by 4%. Total revenue collected through stamp duty rose 22% in 2023 to over Rs 10,850 crores, showed data from the inspector general of registration, Maharashtra. “The year 2023 witnessed a remarkable upswing for Mumbai’s real estate market as the city achieved its highest property registrations, driven by rising income levels, better affordability, and a positive homeownership outlook.

Republic Day, which falls on Friday this year, is the only national holiday when banks will be closed for long weekend as it is followed by fourth Saturday and Sunday. List of long weekends in 2024: Plan your holiday trips now to save money in the new year Here is a look at bank holidays in January 2024 across states: January 1 (Monday) New Year’s Day- Banks are closed in Mizoram, Tamil Nadu, Sikkim, Arunachal Pradesh, Manipur, Nagaland, and Meghalaya these states will be closed on January 1 on the occasion of New Year’s Day. January 2 ( Tuesday) New Year’s Celebration: Banks will be closed in Mizoram. January 11 (Thursday), Missionary Day: Banks closed in Mizoram. January 15 (Monday); Uttarayana Punyakala/Makara Sankranti Festival/Maghe Sankranti/Pongal/Magh Bihu- Banks closed in Karnataka, Orissa, Tamil Nadu, Andhra Pradesh, Telangana, Sikkim, Assam. January 16 (Tuesday); Thiruvalluvar Day- Banks closed Tamil Nadu. January 17 (Wednesday)- Uzhavar Thirunal/Sri Guru Gobind Singh Ji Birthday- Chandigarh and Tamil Nadu, January 22 (Monday)- Imoinu Iratpa- Banks are closed in Manipur. January 23 (Tuesday)- Gaan-Ngai- Banks are closed in Manipur. January 25 (Thursday)- Thai Poosam/Birthday of Md. Hazarat Ali- Tamil Nadu, Maharashtra, Uttar Pradesh. January 26 (Friday)- Banks are not closed in Tripura, Uttarakhand, Bengal.

NewsClick case: A team of Delhi Police has gone to Mumbai to question activist Gautam Navlakha in connection with probe into NewsClick's alleged foreign fundings and anti-India activities, an official said on Saturday. Navlakha will be questioned at his house in Navi Mumbai's Agroli, an official said, adding that the team is led by an assistant commissioner of police (ACP)-level officer.

Registration of properties in Mumbai municipal area is likely to rise by 33 pc annually to around 12,500 units during this month on better demand, according to Knight Frank. As many as 9,367 properties were registered in Mumbai city (area under BMC jurisdiction) during the same month last year. Real estate consultant Knight Frank India has compiled the data of registration of properties from Department of Registrations and Stamps, Maharashtra government. As per the latest data of December, 12,134 units were registered till 12 noon and the number is set to reach around 12,500 units by late evening. «Homebuyers in Mumbai continue to demonstrate confidence in the property market, buoyed by stable demand and an enhanced positive sentiment. This optimism has resulted in a significant surge in property registrations in Mumbai,» the consultant said in a statement on Saturday. Of the overall registered properties, residential units constitute 80 per cent. Mumbai city is estimated to see registrations of more than 1,27,000 units this year and will lead to revenue collection of more than Rs 10,000 crore. Mumbai city is set to record the highest registration of properties in 11 years.

Meenakashi Lekhi emphasised on Saturday that despite Mumbai terror attack mastermind Hafiz Saeed being on the international list of terrorists, Pakistan has never reacted to it. On extradition request to Pakistan to hand over 26/11 mastermind Hafiz Saeed, MoS MEA Meenakashi Lekhi stressed that Hafiz Saeed was behind a lot of incidents that have happened in India. «Everyone knows that Hafiz Saeed was behind the Mumbai attacks.

Mumbai, within the BMC jurisdiction, witnessed a notable surge in real estate activity with a total of 127,139 property registrations recorded from January to December in 2023. According to an official release by Knight Frank India, this marked the successful year for property sales (both primary and secondary) in the region since 2013, surpassing the previous year's peak by 4%.

Hafiz Saeed's extradition request. Zahra has said that no bilateral extradition treaty exists between India and Pakistan for the extradition process of the United Nations (UN) proscribed terrorist. In a statement, Mumtaz Zahra Baloch said, "Pakistan has received a request from the Indian authorities, seeking extradition of Hafiz Saeed in a so-called money laundering case." "It is pertinent to note that no bilateral extradition treaty exists between Pakistan and India," she added.

The EMI (Equated Monthly Instalment) to income ratio for households has improved in 2023 after the brief decline in affordability in 2022, according to Knight Frank India’s proprietary Affordability Index.

Having established their presence in the holiday home market of Goa and Lonavala, ALYF has now forayed into Alibaug as their next destination. They commenced their journey in this new location by initiating an apartment project alongside four luxury villas in the initial phase. Additionally, they have signed an MoU valued at Rs 100 crore for projects in the second phase, scheduled for completion within 18 to 24 months.