City Mumbai Financial News
15.11 / 19:39
Citi
Aviat
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Airlines
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International
International airlines see scope in India as aviation hub
NEW DELHI : Foreign airlines have always seen India as a market that feeds their hubs, but that seems to be changing with key foreign carriers from Asia Pacific seeing India becoming an aviation hub, which can be used to connect Africa and the Middle East from their part of the world. Senior executives from Japan Airlines and Thai Airways said they see the potential of India becoming a hub but it may take some time for this to become a reality.
15.11 / 18:43
IPO
FIVE
Enterprise
Healthcare
2020
reports
guidelines
How Religare chief got Care Esops after Irdai's NO
MUMBAI : Care Health Insurance Pvt. Ltd issued employee stock options (Esops) to Rashmi Saluja, executive chairperson of its parent Religare Enterprises Ltd (REL), despite the insurance regulator specifically rejecting the proposal, proxy advisor InGovern Research Services said. After the rejection, the Care board claimed that insurance regulator’s approval was not really required for granting the options.
15.11 / 18:43
Provident
MSCI
PTC
country
consequences
index
India count in MSCI EM index now at 131
MUMBAI : Global index provider MSCI has included nine Indian stocks in its MSCI Standard Index in the latest round of rebalancing, which will take India’s representation in the emerging market (EM) index to the highest-ever count of 131 stocks. The rebalancing, which will lead to minor cuts in the weights of some big names, could result in India attracting passive inflows of $1.5 billion after the changes take effect on 30 November.
15.11 / 16:49
FIVE
Man
Career
Dreams
performer
stars
India vs New Zealand: ‘Played according to….' Virat Kohli reveals key to consistency after scoring 50th ODI ton
India vs New Zealand, ICC World Cup 1st semi-final: India's star batter Virat Kohli crossed another milestone on Wednesday against New Zealand at the Wankhede Stadium, Mumbai. Virat Kohli surpassed legendary Indian cricketer Sachin Tendulkar's record as he slammed his 50th century in the One Day International (ODI) format of the game. Now, he is highest ton scoring batter in ODI cricket.
15.11 / 14:19
Target
Remark
ICE
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Sachin Tendulkar shares heartfelt post as Virat Kohli breaks his record with 50th ton, says 'icing on the cake that...'
Track live score and updates of India vs New Zealand semifinal Kohli scored his 50th ODI century – the highest by any batter ever in international cricket – at the Wankhede stadium in Mumbai, the hometown of Tendulkar, during the World Cup semifinal match against New Zealand. The ‘Master Blaster’, in his post on X, recalled the day in 2008 when Kohli had his debut in the national side and was “pranked" by the teammates into touching his feet. Also Read: Virat Kohli's gesture of bowing down to Sachin Tendulkar after record-breaking ODI century| Watch “The first time I met you in the Indian dressing room, you were pranked by other teammates into touching my feet.
15.11 / 14:19
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HANCOCK Fashion: Stylish and Skin-Friendly Clothing in India
Mumbai, November 13, 2023: Discover the epitome of style and skin-friendly comfort with HANCOCK Fashion, your premier destination for men's and women's fashion in India. Crafted with dedication, our exceptional clothing not only elevates your fashion appeal but also prioritizes your skin's well-being, thanks to our exclusive use of 100% cotton fabrics. Whether you're gearing up for a formal event or a casual outing, HANCOCK Fashion has you covered in every season.
15.11 / 14:19
BLOCK
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electronic
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Mint Explainer: Mahadev app and the alleged money laundering scandal
₹450 crore ($57 million) with estimates indicating a staggering ₹5000 crore diverted by the entity in ‘hawala transactions’. The app, now blocked by the ministry of electronics and information technology (Meity), was allegedly overseen by individuals based in Dubai -- Sourabh Chandrakar and Ravi Uppal. Mint delves into the events leading to the scam.
15.11 / 06:31
Provident
Cooper
2020
reports
After Sahara Group chief Subrata Roy's demise, undistributed fund of over ₹25,000 crore in focus with Sebi
₹25,000 crore lying with the capital markets regulator Sebi's account have come back into focus after the demise of Sahara Group's chief Subrata Roy. Roy passed away in Mumbai on Tuesday night at the age of 75 after battling a prolonged illness.
15.11 / 02:30
Citi
economy
Metro
pandemic
Cass
reports
travelers
Economic solutions aren’t helping us crack an air pollution problem
I have been in Delhi for a little over a week, and, as is the case at this time of the year, the city is highly polluted. The trouble is Mumbai, where I live, has also been very polluted this year. Mumbai’s problem stems from a massive increase in construction in 2023.
14.11 / 20:01
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shock
‘FIRs false and baseless to block Religare deal’
Dabur group on Tuesday refuted the allegations of being involved in the Mahadev online betting app scam after members of the promoter family were named in two first information reports (FIR) filed within a week in Mumbai. A group spokesperson said the FIRs were “false and baseless", and part of an attempt to block the acquisition of Religare Enterprises Ltd. The first FIR, filed on 7 November, alleged that the Burmans, who co-own the IPL team Punjab Kings, are part of a cricket betting racket.
14.11 / 20:01
Provident
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Software
Dreams
track
information
Investors back top execs venturing out on their own
MUMBAI : Early-stage investors are increasingly backing CXOs who left established startups to pursue their entrepreneurial dreams, relying on their wealth of experience to steer business in challenging times. On Monday, Farid Ahsan, the co-founder of Sharechat who quit six months ago, said he has launched General Autonomy, a startup to help automate factories.
14.11 / 17:19
Strategy
show
performer
stage
"Current crop of players don't talk about how we won World Cups in 1983, 2011": Rohit Sharma ahead of semifinal clash
Mumbai: Ahead of the ICC Cricket World Cup semifinal against New Zealand, Indian captain Rohit Sharma acknowledged the inherent pressure in every World Cup match. He said that his team's focus is on putting aside external factors and concentrating on the game and the present moment. India will take on New Zealand in the first semifinal of the ICC Cricket World Cup at Wankhede Stadium, Mumbai on Wednesday. As Kiwi aim to secure their third consecutive World Cup final appearance after 2015 and 2019, India is determined to overcome the knockout barrier that has eluded them since their last major ICC title in 2013.
14.11 / 17:19
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Training
India go through light training drills ahead of World Cup semifinal against New Zealand
World Cup semifinal against New Zealand and some of the key members including fast bowling pair of Jasprit Bumrah and Mohammed Shami decided to stay away to rest and recuperate. Having played their last league match a couple of nights ago in Bengaluru followed by travel to Mumbai on Monday, Indian players did not go full steam ahead in the training session here ahead of the final four clash on Wednesday. India captain Rohit Sharma and in-form senior batter Virat Kohli were present, with the latter spending time in all three nets facing fast bowler Mohammed Siraj followed by spinners and throwdown specialists.
14.11 / 17:15
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‘Brazil’s tech can help India reach 20% ethanol blending’
Mint during his visit to India earlier this month. “In the past, we have received some genetic materials from other countries in Brazil and we managed to enhance the productivity of those indigenous breeds. Now we are planning to send those genetic materials to India so that they can take advantage of the breed that has higher productivity and increase their net milk and poultry production.
14.11 / 16:53
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Support
As far as I know, all Religare shareholders support us: Mohit Burman
Dabur India, is unfazed by the Religare Enterprises Ltd board's resistance to his family's open offer, after initially welcoming it. He says that acquiring Religare will add a crucial piece to the Burman family's growing bouquet of financial products and that the company needs a promoter to re-enter the lending business. In a lengthy interview conducted over two days, Burman stopped short of commending Religare chairperson Rashmi Saluja for the company's recovery while giving "full marks" to the management team for the turnaround.
14.11 / 16:31
Target
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Ball
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India vs New Zealand: ‘Bowling second will…’: Sunil Gavaskar's advice to Indian side ahead of World Cup semifinal clash
ICC World Cup 2023 at Mumbai's Wankhede Stadium. “If India is defending a total bowling second, I do believe that will help also because there is scoreboard pressure, you might not be able to get 400 but 260 or 270, that will put pressure on New Zealand," Gavaskar said, while speaking at Star Sports show ‘Game Plan’. Also Read: India vs New Zealand: Here's how toss can become ‘deciding’ factor at ICC World Cup 2023 semi-finals The batting maestro, however, also noted that with the kind of “good" bowling attack that India has, “it doesn't really matter if they are bowling first or bowling second".
14.11 / 16:31
reports
India Vs New Zealand WC semifinal: Rohit Sharma clears air about 'toss factor', says 'what Wankhede is...'
Rohit Sharma-led Indian cricket team is all set to face Kane Williamson-led New Zealand in a nail-biting semifinal clash of the ICC Men's World Cup 2023 at Mumbai's Wankhede Stadium on 15 November. Ahead of the high-intensity match, the Indian skipper addressed the press in Mumbai, where he was asked how the toss would be a factor. To this, Sharma said, as news agency ANI quoted, “I have played a lot of cricket here and just 5 or 6 games are not going to tell a lot about what Wankhede is, but I certainly believe that Toss is not a factor." Apart from this, Sharma was asked whether the team thinks about what happened in the 2019 World Cup.
14.11 / 13:55
Target
FIVE
blues
‘What you can do today…’: Rohit Sharma on 2019 World Cup semifinal loss against New Zealand
last World Cup when India had lost in the semifinals against New Zealand. The in-form Men in Blue have the opportunity to avenge that loss against the Kiwis, as the two teams would be squaring off again in a semifinal clash tomorrow (November 15). The match will be played at the Wankhede Stadium in Mumbai.
14.11 / 13:23
Provident
Dreams
Tapestry
innovations
Polar Projects Invests in Designman Studio’s Bollywood to Streetwear Journey
India, 13th November 2023: In a groundbreaking move, Polar Projects, led by the dynamic duo Sahil Patel and Eshaan Patel, has dived into the world of cutting-edge fashion by investing in Designman Studios Pvt Ltd. This strategic investment aims to boost the creative vision of Nikhil Sharma and Sanjana Champanerkar, the award-winning founders of Designman, Bollywood's leading costume house, to new heights.
14.11 / 11:56
Target
FIVE
Man
blues
reports
Mumbai
India vs New Zealand: Man held in Mumbai for selling World Cup semifinal ticket in black for ₹1.2 lakh
World Cup semifinal match, to be played between India and New Zealand, for ₹1.2 lakh each, reports said on November 14. The accused, identified as Roshan Gurubakshani, was arrested by the Mumbai police while he was trying to sell the tickets in black, NDTV reported. Two tickets were recovered from him by the officials, the news channel added.
14.11 / 10:37
BLOCK
Booking
Enterprise
reports
shock
'Bid to block Religare acquisition': Burman family slams ‘false’ FIR linking Dabur group to Mahadev betting app case
Dabur group have issued a rebuttal after reports linked its chairman and director to the Mahadev betting app case. The Mumbai Police has reportedly booked 32 people – including Mohit Burman and Gaurav Burman – under various sections of fraud and gambling. A spokesperson for the Burman family however dubbed it a ‘baseless’ accusation that happened to coincide with their bid to acquire Religare Enterprises.
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