City Mumbai Financial News
19.11 / 01:41
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India vs Australia: Hotels, flights notch up bigger numbers than players in World Cup final
Ahmedabad and airfares to the city have surged manifold ahead of Sunday's World Cup cricket final between India and Australia, forcing many fans to either cough up the staggering rates or alter their travel plans. The chief executive of a Mumbai-based company, for instance, said he has decided to drive more than 500 km to Ahmedabad for the match. «It's crazy out there,» said the CEO, who did not wish to be identified.
19.11 / 01:41
18.11 / 17:19
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David Beckham attends dinner at Shah Rukh Khan, Sonam Kapoor's residence. Here's what he had
Sachin Tendulkar, Beckham attended India's semi-final match against New Zealand at Wankhede Stadium in Mumbai. After the match images emerged of the football doyen attending a gathering at Bollywood star Sonam Kapoor's abode, and later a dinner hosted by Shah Rukh Khan and Gauri Khan.
18.11 / 12:51
Matthews
Experts
voice
ICC announces commentators panel for the final between India and Australia. Full list
World Cup 2023 Final at the Narendra Modi Stadium on 19 November. Kass Naidoo, Ravi Shastri, Ricky Ponting, Ian Smith, Sanjay Manjrekar, Aaron Finch, Nasser Hussain, Harsha Bhogle, Dinesh Karthik, Matthew Hayden, Eoin Morgan, Ian Bishop, Shane Watson, Sunil Gavaskar and Mark Howard will bring world-class coverage to screen across the world for the final of the showpiece event. “The iconic voice of Ravi Shastri will bring electricity to the much-awaited toss while the expert analysis of Nasser Hussain and Sanjay Manjrekar will throw light on what the 22 yards in Ahmedabad will have to offer," ICC said in a staement.
18.11 / 11:01
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‘Mischievous ploy’: Adani group rejects allegation of favouritism in Maharashtra govt's Dharavi-TDR notification
₹5,000-crore Dharavi Redevelopment Project (DRP), has denied the allegations of favouritism over the Maharashtra government's latest notification on Transfer of Development Rights (TDR). A section of the state's opposition has accused the government of tweaking the TDR norms to allow the Adani group to maximise its profit. The company, in response to the accusation, called it a “mischievous ploy" at the “behest of certain vested interests".
18.11 / 10:43
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"Alleging favouritism of any kind is a mischievous ploy to muddy the waters...," Adani group responds to TDR controversy
Adani Group on Saturday responded to reports that alleged unfair bidding process of the Dharavi Redevelopment Project. The report highlighted that the Maharashtra government has issued a notification that allows the use of Transfer of Development Rights (TDR) without an indexation. The project spokesperson of Dharavi Redevelopment Project said the baseless and malicious allegations of 'tweaking' and amendments to suit selected bidders’ do not do justice to the regulatory transparency of the process.
18.11 / 10:43
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Who is eliminating India's 'most-wanted' in Pakistan? Mystery surrounds over a dozen terrorist killings
Pakistan over the past two years. The Pakistani government and the banned militant organizations associated with it have remained silent about these killings.
18.11 / 09:01
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travelers
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Indian Railways comes to the rescue for World Cup enthusiasts! Dedicated train service begins for fans racing to Ahmedabad
The Indian Railway rolled out a dedicated train on Saturday, exclusively for cricket enthusiasts traveling from New Delhi to Ahmedabad to witness the Cricket World Cup 2023 final showdown. This initiative brings a sigh of relief to fans who were grappling with exorbitant airfares, ranging from Rs 20,000 to Rs 40,000.
18.11 / 09:01
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Remark
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Mumbai
Growth outlook for luxury housing in Mumbai and India at large: What’s fuelling the demand?
The Indian real estate sector has witnessed a significant transformation over the past few years, with luxury housing emerging as a notable segment that has garnered substantial attention from investors and homebuyers alike. Mumbai, often referred to as the financial capital of India, stands out as a hub for luxury housing development among the major Indian cities. The growth outlook for luxury housing in Mumbai and India at large highlights the factors that are driving the demand for opulent residences.
18.11 / 08:37
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"Curator makes pitch and everybody else stays out of it," says former Oz skipper Ian Chappell on pitch row
Ian Chappell on Saturday played down the controversy around the last-minute pitch change for the World Cup semifinal between hosts India and New Zealand. The Indian team management had demanded a change of the pitch for the last-four clash with the Black Caps at Mumbai's Wankhede stadium on Wednesday. The move drew frowns from a section of the English media and former cricketing greats, who questioned the last-minute sanction of the pitch change by the governing body of world cricket — the International Cricket Council (ICC). Even before the game could get underway, Daily Mail, a British daily, ran a report claiming that the pitch was changed specifically on the request of the Indian team management. The Indian team management wanted the semifinal to be played on a slower surface, the daily claimed. The former Australia skipper refused to read too much into the controversy, saying it was the curators' job to make pitches and that of the players was to just play on it. «I think the same as I've always thought; that the curator should make the pitch and the players play on it and it should be up to no one else other than the curator, the local curator,» Chappell said in an interview with Australia's Channel 9 Wide World of Sports. «I've always said about every pitch — don't worry about World Cups, anything else — the curator makes the pitch and everybody else stays out of it,» the former Australia skipper added. Amid the controversy, the ICC issued a statement, clarifying that its independent pitch consultant, Andy Atkinson, was made aware of the change of surface. «Changes to planned pitch rotations are common towards the end of an event of this length and has already happened a couple of times.
18.11 / 08:03
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Mumbai
Edelweiss CEO Radhika Gupta recommends Delhi Zoo, says Mumbai Zoo needs 'serious upgrade'
Radhika Gupta posted late on October 17. Track: Israel-Hamas War LIVE Updates "Spread over 100 acres with a wide variety of species - jaguars, white tigers, black bucks, ostriches, and many others - and now electric cars to take you around, this place is stunning. Among the best on many metrics, even when compared to global peers.," she added.
18.11 / 06:53
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ICC World Cup 2023: ‘India World Cup jeet jaegi,’ says Salman Khan at Tiger 3 event
World Cup title clash against Australia on Sunday. At a fan event of 'Tiger 3' in Mumbai, Salman referred to the release of the movie during the Cricket World Cup. Also Read: ICC World Cup 2023: Gujarat CM chairs meeting to review security arrangements as PM Modi to attend the final match “Har game India jeeti hai and us dauran hum aaye (Tiger 3 ko leke) toh jo humare collections hai woh bhaut hi ache hai. India ab (World Cup) jeet jaegi aur uske baad aap sab wapas theatres mein (India won all matches so far and during the ongoing World Cup, we came up with Tiger 3.
18.11 / 04:31
Citizens
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Police complaint filed against Aditya Thackeray for illegally inaugurating Delisle Road Bridge
Uddhav Thackeray faction leader Aditya Thackeray and other office bearers for illegally inaugurating the Delisle Road Bridge in Lower Parel, said Mumbai Police. A complaint was filed by the road department of the Mumbai Municipal Corporation at the NM Joshi police station and thereafter a case was registered under sections 143, 149, 326, and 447 of the IPC. According to the Mumbai Police, Shiv Sena (UBT) leader Aditya Thackeray along with Sunil Shinde, Sachin Ahir, former Mayor Kishori Pednekar, Former Mayor Snehal Ambekar and 15-20 activists, went to the location and inaugurated the bridge. The Delisle Road Bridge was not fully ready for traffic and there was no permission from the Mumbai municipal corporation to open the bridge. The BMC officer complained to the police, on the basis of which the police registered a case against Aditya Thackeray and other party leaders.
17.11 / 19:39
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Restaurants, bars pad up for World Cup this Sunday
World Cup final at Ahmedabad on Sunday. Bars and breweries are particularly excited, with some of them expecting sales to be double that of regular Sundays. Rakshay Dhariwal, founder of Pings Cafe Orient, a popular restaurant chain with outlets in Mumbai, Goa, Delhi, and Kolkata said: “Our restaurants screening the match are expecting to double their sales." Swadeep Popli, founder of Delhi-based brewery Flow, and The Chatter House said the two businesses saw great response during the semi-finals; they witnessed a 30% revenue boost.
17.11 / 18:40
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stage
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India Vs Australia, ICC World Cup 2023 final: 'Australia will win by 385 runs', Mitchell Marsh's prophecy goes viral
Rohit Sharma-led India vs Pat Cummins-led Australia ICC Men's World Cup Final, to be played on 19 November at Ahmedabad's Narendra Modi stadium, the pre-tournament predictions are gaining momentum. Apart from numerous predictions circulating on newspapers and social media, several pundits and analysts sharing their knowledge, one pre-tournament prediction made by Australia star Mitchell Marsh is phenomenal.
17.11 / 18:09
information
resolution
RBI clears resolution plan for debt-ridden Reliance Capital
Reliance Capital. The move paves the way for IndusInd International Holdings Ltd (IIHL), the Hinduja Group firm, to acquire the company. This is to inform you that the Administrator of Reliance Capital Limited is in receipt of «No objection» vide letter dated November 17, 2023, from the Reserve Bank of India, the company said in a regulatory filing. IIHL had emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction concluded in April. The Reserve Bank of India (RBI) on November 29, 2021, superseded the board of Reliance Capital in view of payment defaults and serious governance issues. The RBI appointed Nageswara Rao Y as the administrator in relation to the Corporate Insolvency Resolution Process (CIRP) of the firm. Reliance Capital is the third large non-banking financial company (NBFC) against which the central bank has initiated bankruptcy proceedings under the Insolvency and Bankruptcy Code (IBC).
17.11 / 17:15
country
reports
Banks to need Rs 84,000 cr excess capital due to RBI tweaks on unsecured loans: SBI Economists
Mumbai: The banking system will need Rs 84,000 crore of excess capital due to revised unsecured loans risk weights introduced by the Reserve Bank of India, economists at the country's largest lender SBI said on Friday. In a report, the economists also said the RBI is seeking to achieve the desired objective of growth and inflation through liquidity and macro prudential measures as the repo rates have peaked out.
17.11 / 17:15
Entertainment
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audience
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Sport, Industry and Soft Power: PM Modi's presence, air-show, grand function and 1.4 billion fans
World Cup in 1983, cricket was still one of the sports in India and a champion team needed a true blue cricket fan Lata Mangeshkar to hold a concert so that each member could earn Rs 1 lakh. In 2011, when Mahendra Singh Dhoni's team won, the BCCI was already a billion dollar entity. And, in the 28 years between 1983 and 2011, cricket had become an «industry».
17.11 / 14:03
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performer
Mumbai
World Cup final: Indian Railways to run special train from Mumbai. Check timings, other details
World Cup special train for cricket-loving passengers to watch the Cricket World Cup final match to be played at Ahmedabad on Sunday between India and Australia at the Narendra Modi stadium. It will be a repeat of the 2003 World Cup final which a batting-heavy Australia won in a lopsided contest. Train no 01153 CSMT- Ahmedabad special express will leave CSMT at 10.30 pm on 18.11.2023 (Saturday) and will arrive in Ahmedabad at 06.40 am next day (Sunday).
17.11 / 12:33
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Mumbai
Priyanka Chopra sells two Mumbai apartments to director Abhishek Chaubey
Priyanka Chopra Jonas, currently busy with her assignments in Hollywood, has sold two of her apartments in Mumbai’s Andheri suburb to director, producer, and screenwriter Abhishek Chaubey for a total of Rs 6 crore. Both the houses on the 9th floor of tower Karan Apartment in Lokhandwala area are cumulatively spread over nearly 2,300 sq ft. Priyanka’s mother Madhu Chopra has executed both the deals on the actor’s behalf. Chaubey has paid total stamp duty charges of Rs 36 lakh for the registration of the transaction that took place on October 23 and October 25, showed the documents accessed through Zapkey.com. ET’s separate email queries to Chopra’s team and Chaubey did not elicit any response. In April too, she had sold a commercial property in Lokhandwala area for Rs 7 crore to a dentist couple who had earlier rented this space from her in 2021.
17.11 / 11:43
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India vs Australia final: Australia's Deputy PM Richard Marles to attend final in Ahmedabad
World Cup final between India and Australia in Ahmedabad on Sunday. According to reports, Australia's PM Anthony Albanese invited to attend India Vs Australia World Cup final on Sunday and he has deputed Australian Deputy PM Richard Marles to attend the match which coincides with India, Australia 2+2 India will meet Australia in the final. Several players, including Virat Kohli, Mohammed Shami, Rohit Sharma and Ravindra Jadeja, were spotted in the team bus in Ahmedabad.
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