City Mumbai Financial News

04.11 / 08:25
Art reports end End of an Era: Literature doyen Gieve Patel passes away at 83
Cipla Palliative Care and Training Centre in Pune on Friday afternoon, the Times of India reported. He was 83.
04.11 / 07:17
Death consequences reports Department Mukesh Ambani's email tormentor follows through on earlier warnings, threatens him again
Mukesh Ambani, the chairman of Reliance Industries, has received mailed threats again. The mails warned him of serious consequences for ignoring earlier messages regarding extortion demands of Rs 400 crore, news agency ANI reported citing Mumbai police on November 4. Two threat mails were received between October 31 and November 1. The sender of the mails introduced himself as Shadab Khan, police said. As per the police department, «Industrialist Mukesh Ambani received two threat emails once again between October 31 and November 1, warning him of serious consequences for ignoring previous emails wherein the person (sender of the mail) had demanded Rs 400 crore.» The renowned industrialist had received death threats earlier too, via email.
04.11 / 06:55
Man Death shootings consequences reports Mumbai ₹400 cr ransom: Mukesh Ambani gets another threat, warned of consequences for 'ignoring' previous mails: Mumbai Police
Reliance Industries chairperson Mukesh Ambani has received two threat emails once again between October 31 and November 1, warning him of serious consequences for ignoring previous emails wherein the person (sender of the mail) had demanded ₹400 crore." Notably, he is the same sender who sent two such emails on October 27 and demanded ₹200 crore from RIL chairman. Also read: Mukesh Ambani gets third death threat, sender demands ₹400 crore ransom "Mukesh Ambani received two threat emails once again between October 31 and November 1, warning him of serious consequences for ignoring previous emails wherein the person (sender of the mail) had demanded ₹400 crore," news agency ANI reported.
04.11 / 06:55
Citi Manufacturing CEO Metro reports Small cities rival metros in candidates heading abroad
₹3 crore were disbursed in each of the top 20 cities in FY22. In the first six months of this fiscal, more than 50 cities have already met that mark," said Ankit Mehra, co-founder and CEO of NBFC GyanDhan." The founder noted that the loan ticket may be marginally smaller because often the counsellors have access to smaller universities abroad.
04.11 / 02:51
Aware Manufacturing pandemic Instagram hospital information Support Jobs on a platter: A range of employers rush to hire chefs, stewards, support staff
Apart from a boom in standalone restaurants, there's a surge in marriages, parties, ceremonies, outdoor catering and corporate events as well as a proliferation of cloud kitchens. All that has led to a spike in demand for restaurant and catering chefs, said industry executives and restaurateurs.
03.11 / 18:59
Action reports Maratha quota picture abhi baki hai
Maharashtra government reached with Maratha reservation activist Manoj Jarange Patil, a day after the pact. While calling off his fast on Thursday, after 9 days that saw violence and arson in the state, Patil had said the state government agreed to affirmative action for all Marathas in the state in two months. The state government, however, indicated that it had only promised to complete the spadework for the quota in two months. «If there is no blanket reservation for the entire community by December 24, we would reach Mumbai,» Patil told reporters on Friday.
03.11 / 18:19
Apple performer country reports Apple sees another record qtr in India; iPhone mkt share hits 6%
₹50,000. On 30 October, Mint reported that Apple is nearing $10 billion in annual revenue from India. Its India financials, filed with the ministry of corporate affairs on 28 October, reported a 48% annual revenue growth to $5.9 billion in FY23.
03.11 / 14:09
FIVE Ball love country Inside blues testing ICC World Cup 2023: Sachin Tendulkar shares ‘inspiring’ anecdote as Shreyas Iyer wins fielding medal against Sri Lanka
Sri Lanka at the Wankhede Stadium in Mumbai, the fielding medal ceremony post-match was a cut above the rest with it getting a 'legendary' touch. The occasion was graced by none other than legendary Indian cricketer Sachin Tendulkar virtually. The 'God of Cricket' lauded captain Rohit Sharma and the team management for coming up with a such team bonding exercise.
03.11 / 13:53
FIVE Entertainment Netflix Parke show country exclusive Netflix renews office lease in BKC, to pay Rs 284 crore rentals over 5 years
Streaming services major Netflix’s India arm has renewed the lease for its head office space spread over 137,000 sq ft in commercial tower Godrej BKC in Mumbai’s business district Bandra-Kurla Complex (BKC) in a five-year deal valued at more than Rs 280 crore. The company will be paying monthly rentals of nearly Rs 4.30 crore for two separate leases executed through Netflix Entertainment Services India LLP. The office space is spread across two units – on the 11th and 12th floors — of the commercial tower. The tenure of both the deals is set for five years and the lease agreement includes a clause to escalate rentals 5% every year, taking the total payout to more than Rs 284 crore over the entire term. Netflix had initially leased this office space from D'Decor Properties LLP in January 2019 and the lease has now been renewed.
03.11 / 12:11
consequences reports prevention Mumbai Mumbai Police announces 1-month Diwali restrictions starting tomorrow: Violators may face 6 month jail
Mumbai Police have announced strict measures during the Diwali festival as a precautionary safety measure. Mumbai Police have implemented a ban on the use, sale, and flying of sky lanterns during the one month period.
03.11 / 06:51
Apple country Apple sees sixth straight quarter of record revenue from iPhone sales in India
₹50,000. However, analysts and retailers both believe that there could be a ceiling to Apple sustaining this growth pace in the country.
03.11 / 06:47
Citi Experts country recommendations guidelines Top 10 most polluted cities in India: Delhi on top, northern cities battling haze fill list
Delhi-NCR air quality ‘severe’ to breathe as smog envelops region | Photos, videos So, what about the other cities in India? We take a look at the top 10 with the worst air pollution levels in the country. AQI levels from 401-500 are termed as 'hazardous', while levels between 301-400 are 'severe', and between 201-300 are 'unhealthy'. Pan-India, the AQI level is 'poor' recording 151, as per AQI.in.
03.11 / 06:39
Citi Twitter Citizens reports testing travelers Urban India AQI dips as smog debuts, Twitter fumes at 'health emergency'; pic of Ben Stokes using inhaler during practice goes viral
This year, too, is no different. Delhi on Thursday hit the 'Severe' category as it breached the Air Quality Index (AQI) mark of 400. In Mumbai, too, it was no better with Team India skipper Rohit Sharma articulating his concerns before the Sri Lanka game at the Wankhede Stadium in the ICC Men's Cricket World Cup 2023. «I mean, in an ideal world, you don't want a situation like this, but I'm pretty sure the concerned people are taking the necessary steps. It's not ideal, everyone knows that. But obviously, looking at our future generations — your kids, my kids — obviously, it's quite important that they get to live without any fear,» the Team India captain said on Wednesday.
03.11 / 05:33
Target FIVE Cooper economy President country recommendations India’s steel expansion plans threatened by scrap metal export restrictions
scrap metal shipments from the European Union as it seeks to reduce industrial emissions may make it harder for India to grow its steel sector. Countries are recycling more scrap domestically to reduce the use of pollutive feedstocks like iron ore in the steel-making process. For India, which is scrap deficient due to a relatively small consumer base, imports are key to its target of doubling steel production capacity to 300 million tons by the end of the decade. Producers are following policy developments such as the EU’s update of its waste shipment rules, which came after China tightened scrap metal exports.
03.11 / 03:09
Citi Provident Aware Platform Strategy Southern 2020 Provident Housing in talks with HDFC Capital to raise over Rs 1000 crore
Provident Housing Ltd (PHL), a wholly-owned subsidiary of Puravankara Ltd, is in talks with HDFC Capital Advisors to raise more than Rs 1,000 crore to finance its growth plans. The proposed fundraise will be in the form of equity and the money will be used to build mid-income homes in the southern markets of Bangalore, Chennai, and Hyderabad, and to enter new markets. “Both the partners are in active discussion, and the fundraise is likely to be concluded over the coming quarters, depending on the terms of the deals.
03.11 / 02:27
Platform economy 2020 recommendations Updates open Sensex Today | Share Market Live Updates: Sensex, Nifty to open in positive; Gift Nifty in green
₹1,261.19 crore, according to NSE data. DIIs bought equities resulting in an inflow of ₹1,380.15 crore, the exchange data showed.Adani Green Energy, the renewables firm of Indian billionaire Gautam Adani, is in talks with a group of foreign lenders to borrow as much as $1.8 billion, according to people familiar with the matter.The loan proceeds will be used to build new capacity in solar and wind projects, said the people, who asked not to be named as the matter is private.The banks involved include Barclays Plc, BNP Paribas SA, Deutsche Bank AG, First Abu Dhabi Bank PJSC, Rabobank and Standard Chartered Plc, they said.
02.11 / 21:05
Citi Action hospital reports patient guidelines Gurugram, Noida ramp up efforts to combat air pollution | Know more
ANI reported. The order further read that individuals, groups or entities found to be in violation of this order shall be penalised in accordance with the relevant provisions of the law.
02.11 / 21:05
Assurant awards Nielsen country audience 2020 The $450 mn void staring at TCS
Tata Consultancy Services Ltd boss K. Krithivasan is battling a new problem that is not the company’s making: Making up for a nearly $450 million loss in annual business. Earlier this week, Deutsche Bank announced that it will shut almost half of the 550 branches of Postbank over the next two years as Germany’s biggest bank sees more customers prefer online banking than walking into a branch.
02.11 / 18:01
Aware Remark country social Department Deaf scholar makes history as first full professor of deaf studies in the UK
deaf community. This remarkable aspect of daily life on the Mumbai trains has been extensively documented by Annelies Kusters, a pioneering scholar who recently achieved the distinction of becoming the UK's first deaf full professor in the field of deaf studies and sign language studies. While Europe and the United States have long seen deaf professors in these areas, the UK had lagged behind, with only hearing individuals holding full professor positions, numbering around 10 to 15.
02.11 / 15:43
Citi Action guidelines Mumbai Mumbai air pollution: MPCB asks Hindustan Petroleum, Tata Power to cut down production by 50%
Aegis Logistics at Mahul and Sealord Containers Ltd at Ambapada located in Trombay area of Mumbai. The MPCB also forfeited the bank guarantee of ₹10 lakh of Aegis Logistics and ₹5 lakh of Sealord Containers, it said.
02.11 / 15:43
Provident Assurant WhatsApp reports Maratha Quota Row: Activist Manoj Jarange Patil ends fast after assurance of 'fool proof reservation'
Manoj Jarange Patil on Thursday has reportedly agreed to end his indefinite fast after a delegation from Maharashtra government met with him. Maratha quota activist Manoj Jarange Patil ended his 9-day-old fast, and asked the government to resolve issue within two months.

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