City Mumbai Financial News

09.10 / 11:31
Cooper cover Mumbai 100 pc land acquisition completed in Gujarat for Mumbai-Ahmedabad bullet train project: NHSRCL
NHSRCL) on Monday said it has completed 100 per cent land acquisition in Gujarat for the Mumbai-Ahmedabad bullet train project. The corporation in a release said the last parcel of land in Gujarat was acquired at Kathore village in Surat district in September. In all, 951.14 hectares of land needed to be acquired in eight districts of Gujarat for the project, it said. With the latest acquisition, 99.95 per cent of land has been acquired for the project across Gujarat, Maharashtra and the Union Territory of Dadra and Nagar Haveli, Daman and Diu, the release said. Out of 429.71 hectares acquired for the project in neighbouring Maharashtra, 99.83 per cent of the process has been completed, while a total of 7.90 hectares were acquired in the UT, the NHSRCL said. In Gujarat, 133.29 hectares were acquired in Ahmedabad, 110.25 hectares in Kheda, 52.59 hectares in Anand, 142.30 hectares in Vadodara, 140.32 hectares in Bharuch, 160.52 hectares in Surat, and 88.93 hectares in Valsad, the release said. The operational control centre will be located at Sabarmati in Ahmedabad, and there will be three depots, two in Gujarat — Surat and Sabarmati — and one in Maharashtra at Thane, it stated. The government aims to run the first phase of the bullet train between Surat and Bilimora in south Gujarat by 2026. Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe launched the project in Ahmedabad on September 14, 2017.
09.10 / 04:33
WhatsApp Death Instagram love Celebrity voice reports Threat Shah Rukh Khan gets death threat after Jawan's success; Maharashtra government tightens security
Jawan that crossed ₹1,100 crore in revenue, sought the state's intervention after allegedly receiving death threats, following the release of his movies Pathaan and Jawan, according to Maharashtra Police. The latest update comes after Shah Rukh Khan's wife and interior designer Gauri Khan celebrated her birthday on October 8. They cut the cake which featured Gauri Khan as the queen and took a photo with a poster that read ‘Team Shah Rukh Khan Fan Club Wishes Happy Birthday Gauri Khan’, ANI reported.
09.10 / 02:01
Platform BMW TCS information 2020 reports Stocks to Watch: Reliance Industries, TCS, MCX, Tata Motors, Titan, Bharti Airtel
Reliance Industries: Reliance Retail Ventures Ltd (RRVL) on Friday said that sovereign wealth fund Abu Dhabi Investment Authority (ADIA) will invest an additional ₹4,966.80 crore in the retail unit of Reliance Industries Ltd, following a 1.18% stake purchase in the company in October 2020. The fresh investment values RRVL at a pre-money equity value of ₹8.38 trillion, making it among India’s top four most valuable companies. TCS: Tata Consultancy Services Ltd informed the stock exchanges on Friday that its board will consider a proposal for a share repurchase on 11 October, when the company declares its second-quarter earnings.
08.10 / 20:48
UPS Airlines WhatsApp performer Jet lenders move SC against JKC consortium
New Delhi: The lenders of the bankrupt airline Jet Airways, led by State Bank of India, have now moved to the Supreme Court, challenging the National Company Law Appellate Tribunal (NCLAT) order dated August 28. According to a lawyer involved in the case, this new petition contests the NCLAT's order to allow the Jalan-Kalrock Consortium (JKC) to encash a performance bank guarantee of Rs 150 crore to pay off dues amounting to Rs350 crore to the lenders. This payment is a condition precedent for the transfer of ownership of the airline to JKC.
08.10 / 19:39
UPS Aware stage 2020 reports stake Centrum Capital explores sale of its stake in housing finance business
Centrum Capital, the financial services business led by Jaspal Bindra, is exploring a possible sale of its stake in its mortgage financing business — Centrum Housing Finance, two people aware of the development told ET. Mumbai-headquartered Centrum group holds a 74% stake in Centrum Housing Finance. Private equity investor Morgan Stanley PE Asia holds around 25%, having invested ₹190 crore in the business in 2020. «Centrum is working on a plan to explore the sale of its stake in its housing finance business,» said one of the persons cited earlier.
08.10 / 19:39
Lowe's FIVE Booking Airlines show shock BCCI faces flak over World Cup ticket sales, poor attendance
Safir Anand has been tweeting furiously complaining about mismanagement in sales of tickets for the ongoing Cricket World Cup. Scores of others joined him on Sunday when the high-profile India-Australia match in Chennai witnessed thin spectator attendance despite no ticket being available online. «I have seen world cup matches across the world.
08.10 / 18:35
NIFTY SENSEX Experts track Indian stocks brace for Israel-Hamas war impact
MUMBAI : Indian stocks may open lower on Monday, in line with other global stock indices, in response to the Israel-Hamas war that erupted early Saturday, fund managers said. While they expect no immediate cause for panic, they are closely monitoring the evolving situation as any widening of the war could profoundly impact Indian stocks because of a surge in oil prices, and heightened volatility in rupee and bond yields . Israel’s benchmark TA-35 Index, tracking 35 top companies on the Tel Aviv Stock Exchange, which runs from Sunday through Thursday, plunged 6.47% on Sunday.
08.10 / 17:31
UPS IPO economy NIFTY track reports IPOs IPOs: How long will the dream run last?
Mumbai: Until March, the market for initial share sales in India had been moribund this year and badly in need of stimulus to come back to life. It took a condom maker to revive the sagging market for initial public offerings (IPOs). Mankind Pharma Ltd, the New Delhi-based maker of the Manforce brand of male contraceptives, raised ₹4,326 crore in a blockbuster IPO in April, almost seven times the entire amount raised by three companies that went public in the first three months.
08.10 / 12:03
Citi President performer track country Time IOA chief PT Usha says it's time for India to bid for Olympics
Indian Olympic Association (IOA) president P T Usha on Sunday supported the government's plan to place a proposal to host the 2036 Olympics. India won an unprecedented 107 medals, including 28 gold, in the games that ended on Sunday. In the Chinese city, the country saw an increase of 37 medals from the previous best achieved in the 2018 edition.
08.10 / 12:03
FIVE Yellow shootings show country 2024 Record medal haul in Hangzhou Asian Games promises a bumper harvest in 2024 Paris Olympic
India, with a record haul of 107 medals at the Hangzhou Asian Games, has written a glittering chapter in the country's sporting history, while also giving a strong reason to start dreaming about a best-ever Olympic performance next year in Paris. The 660-strong contingent bagged 28 gold, 38 silver and 41 bronze at the continental showpiece, fetching 37 more medals than at the 2018 Jakarta Games. Indian athletes even surpassed their own expectations in some of the events such as shooting and archery, giving the country its best ever hauls in these disciplines.
08.10 / 10:47
PINK WhatsApp Actor country reports gatherings Mumbai Nushrratt Bharuccha reaches Mumbai airport from terror-stricken Israel | Watch video
Pyar ka Punchnamaa series fame Nushrratt Bharuccha has safely landed in India. Video emerged of the visibly worried actor coming out of the Chhatrapati Shivaji Maharaj International Airport.
08.10 / 08:25
SUN Manufacturing Healthcare consequences reports Sun Pharma, Aurobindo recall drugs from US market
Sun Pharmaceutical Industries and Aurobindo Pharma are recalling products from the US market due to manufacturing issues, according to the US Food & Drug Administration. As per the latest Enforcement Report issued by the American health regulator, a US-based subsidiary of Mumbai-based Sun Pharma is recalling 69,707 cartons of Cequa (cyclosporine ophthalmic solution) from the US market. The medication is used for the treatment of dry eyes.
08.10 / 07:09
UPS Citi FIVE pandemic President country hospital open Accor plans to open 30 new hotels in India in 3-5 years
Accor plans to open 30 new properties in India in the next three to five years to tap the huge potential here, according to its Senior Vice President Operations, India and South Asia, Puneet Dhawan. The hotel chain, which has nine brands in India out of 40 from its global portfolio, will also consider introducing more brands in the country to cater to different segments of customers here.
07.10 / 15:01
FIVE Member of Chhota Rajan gang, on run for 28 years, held in Gujarat in 1994 robbery bid case
A member of the Chhota Rajan gang, who has been absconding for almost 28 years now, on Saturday has been arrested from Gujarat’s Surat in connection with a 1994 robbery attempt case. Mumbai police’s crime branch arrested Sabir Barkatali Lakhani (59), who resided in Antop Hill locality.
07.10 / 12:29
FIVE Man Actor reports Manoj Bajpayee, wife buy office spaces for Rs 31 crore
Leading Bollywood actor Manoj Bajpayee and his wife Shabana Raza have bought four office properties of 2,099 square feet each in Andheri West area of Mumbai for Rs 31 crore.
07.10 / 08:09
Remark Netflix CAT show performer musician Comedian Jimmy Carr to make debut performance in India, reveals tour dates
Also Read: Comedian Andrew Schultz roasts Canadian PM, calls him ‘Justinder Trudeau,’ video breaks internet: Watch In the caption he shared, “Very excited to announce my first ever tour dates in India! I’ll be bringing the Terribly Funny tour to New Delhi, Mumbai and Bangalore in January 2024. Tickets are on sale now at JIMMYCARR.COM"A post shared by Jimmy Carr (@jimmycarr) Reacting to the post, many fans expressed their surprise and excitement.
06.10 / 19:31
COST UPS Digital information Department RBI Governor Shaktikanta Das cautions lenders over rise in unsecured loans
India's central bank Friday flagged the need for greater scrutiny of the financial sector's rising unsecured loan exposure, warning both high-street lenders and non-banking finance companies (NBFCs) to strengthen their risk management systems in what is seen as a precursor to tightening capital requirements for such advances. In his statement accompanying the monetary policy review, central bank Governor Shaktikanta Das said that though banks and NBFCs continue to be resilient, certain components of loans are recording very high growth. «We have to be mindful of what can, going forward, pose a challenge and become a future risk. In certain segments of retail credit, we saw high growth,» Das said after the monetary policy review meeting in Mumbai.
06.10 / 18:27
Action WhatsApp track information Mumbai Central Railway officials spot boulders at 5 different locations on Pune-Mumbai upline, averts accident | Watch
ALSO READ: Udaipur - Jaipur Vande Bharat Express averts accident as driver spots stones, rod on railway tracks | Watch An iron hook has been placed on the track a little ahead of the train. At a short distance, rebars have been laid on both sides of the right track of the train.
06.10 / 18:27
COST UPS Booking Platform Airlines travelers Airfares to soar in Dec qtr as jet fuel prices rise
₹300-1,000 on every ticket beginning 6 October. SpiceJet is also planning a fuel surcharge, an airline executive said. “Fares were already trending higher for the festive months of October and November due to high travel demand.
06.10 / 10:39
Citi Provident Lowe's travelers Will rain spoil India-Pakistan World Cup match in Ahmedabad: Here is what IMD has predicted
IMD) officials have stated that there is a low possibility of rain on October 14, the day of the India-Pakistan match in the World Cup, which will take place in Ahmedabad. Manorama Mohanty, the head of IMD Gujarat, mentioned that the current forecast suggests a minimal chance of rainfall as there is no significant weather system present. Mohanty further added that even if there is rainfall, it would be limited to a local area and widespread showers are unlikely.
06.10 / 09:57
Booking band country audience gossips shock From juice shops to a billion Rupee empire: The shocking Mahadev betting app scandal unveiled
Uppal, formerly small business owners in Chhattisgarh, are now at the center of a massive money laundering investigation related to the Mahadev online betting scheme. These two individuals transitioned from running juice and tire shops to operating a sprawling online betting empire, raising eyebrows and attracting the attention of the Enforcement Directorate (ED).

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