City Mumbai Financial News

Premier Padmini' taxis. For, the public carriers, fondly called 'kaali-peeli', were more than just a mode of transport. They were attached to every aspect of the city.

celestial phenomenon is on the horizon as we approach the final lunar eclipse of 2023. This weekend, set your sights on the night sky as a partial lunar eclipse, known as Chandra Grahan, is poised to captivate India.

Your govt bestowed him with Padma Vibhushan': Sanjay Raut slams PM Modi for criticizing Sharad Pawar's achievements Pawar also claimed that the fear of losing power might have pushed the PM to make such comments. "He (PM) was there to seek Darshan of Sai Baba in Shirdi, what was the need to take Darshan of Sharad Pawar there? If you see the nationwide picture, there are a lot of states where the BJP is not in power or either their government has come after some sabotage in other parties. And wherever there is a BJP government, they are on weak foot.

Reliance Industries Chairman Mukesh Ambani received a death threat in an email on October 27, warning to shoot him if he filed to pay ₹20 crore, said police as quoted by the news agency ANI. A case registered under sections 387 and 506 (2) IPC in Gamdevi PS of Mumbai.

Hindustan Times. They have started a chain strike to support quota activist Manoj Jarange Patil's hunger protest to intensify the agitation over the Maratha reservation issue. Protestors from the Maratha community also blocked the Pune-Nashik highway near Chakan early morning today which also affected the vehicular traffic.

₹ 1,000 for every passenger on private aircraft operators for a week, one of the people said on condition of anonymity. The Adani Group operates seven airports in the country, including Mumbai, and the new charge has been introduced at six of its airports—Guwahati, Mangaluru, Jaipur, Lucknow, Thiruvananthapuram and Ahmedabad. The company handled around 7.1 million passengers during September, or nearly 23.7% of air passengers in India.

Mumbai: The Indian Hotels Co. Ltd which operates the Taj brand of hotels besides SeleQtions, Vivanta and Ginger Hotels, reposted a consolidated net profit of ₹167 crore in the September quarter, up 37% from a year earlier. Its revenue grew 18% to ₹1,481 crore, while consolidated earnings before interest, taxes, depreciation and amortization (ebitda) was up 26% to ₹402 crore.

Hexaware Technologies, owned by global private equity firm The Carlyle Group, has appointed former Infosys and Tredence executive Girish Pai as the global head of its data and AI service line. “Hexaware expects to make rapid strides toward data and AI leadership. His leadership promises to unlock new horizons and drive innovation in the ever-evolving landscape of technology solutions,” the Mumbai-headquartered information technology (IT) services firm said in a statement.

Reliance Industries have approved appointment of Chairman Mukesh Ambani's son Anant Ambani, along with his elder siblings Akash and Isha, as non-executive directors on the company board. At 28 years of age, Anant, three years younger than his two siblings, was seen as too young for the role. Institutional Shareholder Services Inc., an international proxy advisory firm, and Mumbai-based Institutional Investor Advisory Services had recommended that shareholders vote against the proposal of Anant Ambani's appointment on the board. Reliance had told the proxy companies that Anant has “the relevant experience and maturity to add value to the board deliberations” given his participation in the conglomerate’s businesses and the grooming he has received from senior leadership over the years.

Vande Bharat express: The Indian Railways is set to increase the operation of the Mumbai-Goa Vande Bharat express from the earlier three days to now six days a week due to rise in demand, media reports have stated. As the festive season is around the corner, the railway department is set to release a new schedule which will be effective from 1 November. As per the new schedule, the semi-high speed CSMT-Madgaon-CSMT Vande Bharat train would run for six days a week expect for Fridays.

Social Pill has won the social media mandate of PJC Foundation, the not-for-profit foundation arm of Parle Agro. As per the company, the mandate won is based on the strong creative and strategic expertise of the agency.

Co-working startup Innov8 has announced that it will double its footprint in the ongoing financial year FY 2023-2024. The company added 5 new centres in key business cities in India in early 2023 and is all set to inaugurate 5 more centres in the current quarter.

The Enforcement Directorate (ED) has called Vaibhav Gehlot, the son of Rajasthan’s Chief Minister Ashok Gehlot, for questioning in connection with a foreign exchange violation case on October 30.

ANI, This cinematic extravaganza will take place at the Jio World Centre, a multifunctional complex situated in the Bandra Kurla Complex (BKC) of Mumbai, comprising a convention center, a theatre, and a concert hall. The festival is committed to putting a spotlight on the latest films and emerging voices in the realm of South Asian cinema.

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, upgraded its leasing guidance to 6.5 mn sqft of office space in FY24, despite global financial turmoil and corporates reassessing their real estate portfolio. “We have successfully leased 3.1 mn sq ft, and the outlook for the full year looks promising, bolstered by a record leasing pipeline of 2.5 msf. We are also very pleased to further strengthen our long-standing partnership with one of our largest clients at Embassy GolfLinks.

Indian Railways is running 4480 trips of 283 special trains till Chhath Puja this year for the convenience of rail travellers and to clear the extra rush of passengers. «Special Trains have been planned to connect major destinations across the country on railway routes like Delhi- Patna, Delhi-Shri Mata Vaishno Devi Katra, Danapur-Saharsa, Danapur- Bengaluru, Ambala-Saharsa, Muzaffarpur-Yesvantpur, Puri-Patna, Okha-Naharlagun, Sealdah-New Jalpaiguri, Kochuveli-Bengaluru, Benaras- Mumbai, Howrah-Raxaul etc. During 2022, Indian Railways had notified 2614 trips of 216 Puja Special trains,» the Ministry of Railways said in a press release. Crowd-control measures by forming queues at the terminus stations under the supervision of RPF staff for orderly entry of passengers in unreserved coaches are being ensured. «Additional RPF personnel have been deployed at major stations to ensure the security of passengers.

₹4 crore Lamborghini on Dussehra. Netizens pointed out that her past protests against a Metro car shed construction in Aarey forest and said that it is the same person who have now purchased a fuel-driven car.

MUMBAI : Bankrupt airline Go First is staring at a potential liquidation or torturous recovery given the lack of buyers’ interest, fleet uncertainty and mounting costs, two people aware of the matter said. Meanwhile, its lenders plan to seek more time for a rescue since only one candidate has shown interest in the airline so far. Go First’s revival was clouded further by a 3 October government notification that said leased aircraft and engines would not come under the bankruptcy moratorium.

MUMBAI : Indian stocks extended their decline for a fifth straight session on sustained selling by foreign and retail direct investors amid rising bond yields in the US, the Israel-Hamas war, which is now threatening to engulf other countries, and rising crude prices. Market experts expect stocks to fall further. Benchmark indices Nifty and Sensex fell more than 0.8% each to 19,122.15 and 64,049.06 on Wednesday as foreigners offloaded shares worth a provisional ₹4,236.6 crore and continued selling by retail, offsetting the ₹3,569.36 crore worth of buying by domestic institutions.

Mumbai: It is difficult to run the Indian Institutes of Management (IIMs) from Delhi," Prakash Javadekar, the former human resource development minister, told the Lok Sabha in 2017. The IIMs, India’s premier management schools, are centrally-funded. But for decades, many of them had been clamouring for more autonomy.

₹918 crore, reported Times of India. Part of the Harbour Line runs parallel to the Western Railway's suburban network.