City Mumbai Financial News

PM Modi to flag off India's first, fastest urban transit system RAPIDX train in Delhi NCR next week. Details here Notably, this change requires the development of a new detailed project report (DPR), which is likely to delay in the project's timeline. According to the updated plan, the RapidX track is set to run along the Delhi-Jaipur side of the expressway, extending from Aerocity to Cyber Hub.

Samruddhi Expressway in Maharashtra's Chhatrapati Sambhajinagar district, formerly known as Aurangabad, police said. There were 35 passengers travelling by the private bus, an official said.

NH7 Weekender kicks off this December on the lush green lawns of Pune, there will be the usual song and dance, and three days of partying. One new thing festival-goers will encounter: a lot of gentle nudging to save the planet. "Sustainability isn't something that's nice to have; it's a mandate.

World Cup league match between India and Pakistan. Amongst the arrivals were Sajjan and Parth Jindal of JSW, Anshuman Ruia of the Essar Group, Sanjiv Goenka of the RP Sanjiv Goenka group and the MRF clan: KM Mammen, Rahul Mammen & Arun Mammen.

Residential price growth across the 107 world cities has slowed in Q2 2023, falling to 1.7% YoY from 11.7% YoY in Q2 2022, according to Knight Frank’s latest report ‘Global Residential Cities Index Q2 2023’. This is recorded to be lower than that experienced in the first wave of the pandemic, when growth reached a low of 2.9% in Q2 2019.

Paradise' won the Kim Jiseok Award at the Busan International Film Festival 2023 on Friday. 'Paradise' jointly shares the Kim Jiseok award with Mirlan Abdykalykov's 'Bride Kidnapping'. The Kim Jiseok Award, established in 2017, commemorates the late Kim Jiseok, who dedicated his life to discovering and supporting the growth of Asian cinema.

wrote: “Dear Narendra Modiii, TanishkBagchi and I loved Garba penned by you and we wanted to make a song with a fresh rhythm, composition and flavour. @Jjust_Music helped us bring this song and video to life.

private jet flights-four times the usual traffic-will ferry some of India's wealthiest people to and from Ahmedabad, as per data from the city airport. Reason: the much-awaited India-Pakistan match of the ICC World Cup to be held at the Narendra Modi stadium, the world's largest cricket ground, on Saturday. The 48-match tournament runs till November 19. The Ahmedabad airport has run out of parking slots for private jets, said a person in the know. It's giving conditional approval to some of these jets and asking the rest to park at other airports such as Surat and Mumbai. «The last time we saw such massive demand for private jets was during Isha Ambani's wedding,» said Kanika Tekriwal, founder of JetSetGo, a charter operator and aggregator, referring to the opulent wedding of India's richest man Mukesh Ambani's daughter.

India-Pakistan World Cup match — not just in the Ahmedabad stadium but in living rooms, pubs, restaurants, multiplexes and even offices across the country. And corporate India has started the cheer. Restaurants, pubs, and food delivery and quick commerce platforms expect record business with sales rising 25-35% over a usual weekend day while television brands are struggling to install TVs before the start of the match after a spike in sales in the last one week, several industry executives said. Companies working on second Saturdays, too, have ensured there is plenty on the table for employees to cheer for Team India while at work.

Chhatrapati Shivaji Maharaj International Airport's (CSMIA) comprehensive post-monsoon runway maintenance plan, both runways - RWY 09/27 and RWY 14/32 will be temporarily non-operational on October 17 from 1100 hours to 1700 hours," as per the statement. The statement further read, “CSMIA in co-operation with all key stakeholders has effectively scheduled flights to ensure smooth completion of the maintenance.

Also read: Adani Group may bid in upcoming airport auctions "MIAL and NMIAL have received communications from the said Authority about the initiation of investigations of books of accounts and other books and papers in terms section 210(1) of the Companies Act, 2013," Adani Enterprises said on BSE filing. Billionaire Gautam Adani owns and operates seven airports across India.

MUMBAI : Tata Motors Ltd sold a 9.9% stake in Tata Technologies Ltd for ₹1,613.7 crore to the Ratan Tata Endowment Foundation and TPG Rise Climate SF Pte. Ltd, a climate investment fund of TPG Global. The transaction, which values the IPO-bound Tata Technologies at around $2 billion, is in line with Tata Motors’ deleveraging strategy, according to a company release.

MUMBAI : Westbridge Capital has acquired 1.5% of Meesho at a valuation of $3.5 billion, two people with knowledge of the deal said. The investment firm acquired the stake from Meesho’s seed investor, Venture Highway. Venture Highway will retain around 3.8% of Meesho, one of the people cited above added, requesting anonymity.

MUMBAI : MCX is planning to offer shorter duration futures contracts on select commodities and options on commodity indices, two people aware of the matter said, in a move that could significantly increase its turnover. This follows the market regulator allowing the commodities exchange go live on Tata Consultancy Services Ltd’s new commodity derivatives platform from 16 October. MCX is one of four Sebi-recognized national exchanges that runs the largest commodity derivatives segment (CDS), accounting for around 98% market share.

Babri Masjid in Ayodhya, is embarking on a fundraising drive across the country as it aims to finally kick-start construction of the mosque complex next year. Meanwhile, the design of the mosque has been changed as per demands from the Muslim community to make it look more ancient Islamic than contemporary as had been originally envisaged by the trust. It has been more than three years since, following the Supreme Court verdict in the Ramjanmabhoomi dispute, a five-acre land was allotted in Dhannipur for construction of a mosque.

Superstar Hrithik Roshan decided to become an ‘Aam Admi’ (everyday guy) for a day. No, the ‘Kaabil’ actor has not joined any political party! The actor decided to ditch luxury cars for a day and travel via the Mumbai Metro to the place of shooting. The ‘Krrish’ superstar took to Instagram on Friday and shared a bunch of photos of himself traveling in the metro.

MAMI, returns in physical form after a hiatus of four years. After an online-only avatar during the pandemic, MAMI 2023, sponsored by Jio, will be back for ten days in the Maximum City. Starting October 27, the film fest goes on till November 5. Across the opening weekend of October 27-29, films will be screened at the swank 2,000-plus-seater Grand Theatre at the Nita Mukesh Ambani Cultural Centre.

International Olympic Committee (IOC) on Friday clarified on the suspension of Russian Olympic body and said that individuals who have Russian passport can participate, however, Russia as a country will not be allowed to participate in the Olympic games. "We will allow individual players with Russian passports.

palm oil imports in September fell 26% from the previous month to 834,797 metric tons, the lowest in three months, as higher inventories prompted refiners to curtail purchases, a trade body said on Friday. Lower purchases by the world's biggest importer of vegetable oils could lead to higher stocks of palm oil in key producers Indonesia and Malaysia, weighing on benchmark futures. Imports of soyoil edged 0.1% higher to 358,557 tons and those of sunflower oil were down about 17.8% at 300,732 tons, the Mumbai-based Solvent Extractors' Association of India (SEA) said in a statement. Vegetable oil imports fell about 17% to 1.55 million tons from last month's record purchases of 1.87 million tons, it added. «India imported more than necessary during July and August, but retail demand in the country is weak. Refiners are now struggling to sell imported oil,» said a Mumbai-based edible oil trader. In recent months, India has emerged as a primary destination for surplus oil supplies due to its lower import duty of 5.5% on crude palm oil, crude soybean oil, and crude sunflower oil, said B.V.

Reliance Industries Ltd.’s financial services unit and Zerodha Broking Ltd. can only disrupt distribution of mutual funds, not pricing or product offerings, according to Edelweiss Asset Management. “Distribution is where they can make an impact,” said, Radhika Gupta, chief executive officer and managing director of Edelweiss AM, at a Bloomberg New Voices event in Mumbai.

AFP. "Thank you to everyone who defends the principles of Olympism." After the IOC decision, Russia's Sports Minister Oleg Matytsin on social media.