City Mumbai Financial News
27.12 / 19:39
Provident
Booking
Adventure
show
information
reports
travelers
Paytm Travel Recap 2023: Delhi most preferred domestic destination, 70% increase in solo travellers
One97 Communications Limited (OCL) that owns the brand Paytm announced the release of Travel Recap 2023 on Wednesday. Delhi emerged as the most traveled domestic destination, capturing the hearts of explorers and culture enthusiasts, while Dubai dominated international travel, showcasing the allure of showcasing the allure of its cosmopolitan charm. As per Paytm Travel trends, a 70% increase in solo travellers has been observed marking a trend of wanderlust-driven individuals seeking independence and self-discovery.
27.12 / 18:03
President
love
country
cover
social
Manipur Congress gears up for Rahul Gandhi's ‘Bharat Nyay Yatra'
Rahul Gandhi will embark on a 6200-km ‘Bharat Nyay Yatra’ from violence-hit Manipur to Mumbai for which Manipur Congress is all prepared, said the senior party legislator Keisham Meghachandra. The Yatra will cover 14 states and 85 districts of the country.
27.12 / 17:53
FIVE
Airlines
reports
25 Indians from grounded plane seeking asylum in France freed: Reports
seeking asylum in France after their flight from the UAE was grounded last week over suspicion of human trafficking before being allowed to take off for India have now been freed, according to local French media reports on Wednesday. These 25 passengers were not on the flight carrying 276 mostly Indian passengers which took off for Mumbai on Monday afternoon after four days of being held at Chalons-Vatry airport near Paris.
27.12 / 16:04
Compilation
BlackRock
Experts
show
performer
country
2020
FPI registrations lowest in a decade, although foreign inflows at highs
NEW DELHI/MUMBAI : Registrations by foreign portfolio investors in India this year were the fewest in at least 10 years, although foreign investments have continued to rush in. Market experts pinned the steep decline in registrations on global economic headwinds, while pointing out that FPIs already in India have delivered stellar returns in recent years.
27.12 / 16:01
Manufacturing
Action
Mobile
economy
show
performer
innovations
Indian economy, banking sector showed resilience: SBI chairman Khara
MUMBAI : Indian economy remained resilient amid global uncertainties, allowing the domestic banking sector to deliver strong performance in FY2023 and the first half of this financial year, said State Bank of India chairman Dinesh Khara. “The Indian economy has continued exhibiting robust resilience during the current year too, building upon the momentum initiated during 2022-23, notwithstanding the global turmoil as escalating multiple footprints of geopolitical tensions threaten to change the terms of trade, clocking growth rate of 7.7% in H1 of FY24, the highest among major economies in the world," said Khara, speaking at SBI’s banking and economics conclave.
27.12 / 16:01
Parke
information
reports
Department
evacuation
Centre
Mumbai
Mumbai news: Fire breaks out at shopping centre in Malad; many feared trapped
fire was reported at the Acme Shopping Centre at around 6:50 PM. The personnel of the fire department rescued at least 11 persons from the shopping centre while the eye-witnesses claim that more than 10 individuals are still stuck on the upper floor of the building. The administration informed that all those rescued are safe and the fire department is dousing the fire.
27.12 / 11:42
27.12 / 11:39
economy
Nikkei
Nano
NetEase
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guidelines
week
Stock market today: Asian shares climb, tracking advance on Wall Street in final week of 2023
Asian shares have advanced, tracking gains on Wall Street after markets there reopened following Monday's holiday
27.12 / 11:31
economy
Nikkei
NetEase
show
track
reports
guidelines
Stock market today: Global shares climb, tracking advance on Wall Street
World shares have advanced, tracking gains on Wall Street after markets there reopened following Monday's holiday
27.12 / 10:48
Citi
Aviat
Airlines
President
Inside
information
reports
IndiGo suspends flights to this city for three months starting Jan 1. Details inside
IndiGo Airlines has announced the suspension of its flights from Kanpur to Bengaluru for a duration of three months starting from January 1, 2024. This decision has raised concerns, particularly among the residents of Kanpur, with the business community expressing unease, a TOI report stated. The Merchant Chamber of Commerce's vice president, Mayank Khanna, has reached out to IndiGo's headquarters for clarification.
27.12 / 06:13
cover
travelers
Mumbai
Rahul Gandhi to start Bharat Nyay Yatra from Manipur to Mumbai on January 14. Details here
Bharat Jodo Yatra, which started in Kanyakumari on September 7 2022 was led by Congress leader Rahul Gandhi, concluded on January 30 2023 in Srinagar after covering 3,970 km, 12 states, and two Union territories and having lasted more than 130 days. In the first leg of the yatra, Gandhi had walked almost 4,000 km from Kanyakumari to Kashmir.
27.12 / 04:54
Citi
IPO
Provident
Booking
Metro
Experts
Celebrity
Credo Brands shares make a muted debut on D-Street, list at mere 1% premium
Credo Brands listed on the exchanges with a premium of 0.8% on Wednesday. The stock was listed at Rs 282.3 on NSE compared with an issue price of Rs 280. Meanwhile, the stock was listed with a premium of 0.7%, at Rs 282 on BSE.
26.12 / 20:27
Manufacturing
Fighting
Strategy
Experts
performer
2020
ET analysis: Surging corporate profits to help ease Reserve Bank's inflation fight
consumer price gauge hit a half century of stubborn defiance in November. For the 50th month, the reading on the politically sensitive gauge strayed from the 4±2 percentage guideposts, with a surge in food prices causing an ungainly spike.
26.12 / 20:26
FIVE
Airlines
country
prevention
India, France, UAE worked as team to bring back flight
France and the UAE to bring back the flight which was grounded at the Vatry airport, east of Paris, over suspected human trafficking. It was a tip-off, described as anonymous, from the UAE that enabled France to halt the Romanian Airlines chartered flight at an airport near Paris on suspicion of human trafficking.
26.12 / 19:15
IPO
Booking
Strategy
show
Contrasting fortunes for new listings
MUMBAI : The investor reception to three issues that listed on Tuesday was mixed; while Motisons Jewellers Ltd made a stellar debut, Suraj Estates Ltd and Muthoot Microfin elicited a tepid response. Motisons Jewellers, a diamond and gold jewellery retailer, listed at ₹109 on the National Stock Exchange (NSE)—a staggering 98.18% premium to its issue price of ₹55. It continued to climb, reaching an intraday high of ₹109.8, before settling at ₹103.55 on the NSE.
26.12 / 18:13
Citi
Manufacturing
Metro
Experts
country
reports
2024
Real Estate Outlook 2024: Property rates projected to increase up to 15% but demand to remain steady
₹6,105 per sq. ft. in Q3 2022 to nearly ₹6,800 per sq.
26.12 / 17:51
Citi
Citizens
Progressive
Platform
Stealth
social
electronic
INS Imphal: PM Modi says 'proud moment for India'. Key facts about Navy's new warship
Narendra Modi has hailed the commissioning of INS Imphal, emphasizing that it signifies a moment of great accomplishment for India and underscores the nation's increasing self-reliance in defense. Modi lauded the naval excellence and engineering prowess demonstrated by the commissioning of INS Imphal, describing it as a significant milestone for Aatmanirbharta, India's self-reliance initiative.
26.12 / 17:20
Target
Progressive
Action
information
MV Chem Pluto drone attack: Indian Navy enhances warships' presence, air surveillance in Indian Ocean region
national maritime agencies towards ensuring the safety of merchant marine in the region," the Indian Navy said in a release. While speaking specifically about the attack on MV Chem Pluto, the Indian Navy informed that it conducted an on-scene examination and took crew inputs about the attack. “Based on MV Chem Pluto crew inputs and on-scene examination, the analysis by the Indian Navy team points to a strong possibility of a drone attack.
26.12 / 16:51
Citi
CEO
Landmark
Remark
Metro
track
reports
Mumbai
Mumbai, Pune & Hyderabad to significantly shape real estate’s narrative in upcoming months: Housing.com
Mumbai, Pune and Hyderabad will be the driving forces in the Indian residential real estate sector’s anticipated continued growth in 2024, according to Housing.com. Its latest report highlights these cities as the epicentres of intensified market activity, poised to significantly shape the sector’s narrative in the upcoming months.
26.12 / 13:43
Provident
Platform
President
information
reports
‘Selfie booths’ at railway stations: Mallikarjun Kharge slams Modi govt — ‘brazen waste of taxpayers’ money'
Narendra Modi, Congress president Mallikarjun Kharge Tuesday termed the move a "brazen waste" of taxpayers' money when opposition-ruled states are awaiting MGNREGA funds. The Congress president in a post on microblogging platform X (formerly known as Twitter) said, “Modi Govt hasn’t provided drought and flood relief to states. MGNREGA funds for opposition-ruled states are also pending.
26.12 / 13:42
Target
Align
Metro
Southern
Smallcap stock locked in at 20% upper circuit to hit record-high after CLSA raises target price by 87%; do you own?
J.Kumar Infraprojects Share Price Today: Shares of smallcap company J.Kumar Infraprojects were locked in 20 per cent upper circuit to hit its 52-week high mark of ₹593.20 apiece on the BSE, after global brokerage firm CLSA maintained its “buy" call on the stock but increased its price target by 87 per cent to ₹720 from ₹385 earlier. "With the rise in its new orders and our 11 per cent higher FY25CL EPS estimate, we also roll forward our valuation and see a rerating as the government delivers on urban capex," said the brokerage. The new target translates to an upside potential of nearly 50 per cent from the previous close.
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