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(Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) While the travel and tourism sector began to bounce back with a marginal 3% hiring upswing in 2022, it dramatically recovered this year. According to foundit, "The optimistic growth can be attributed to increased disposable incomes and higher spending on leisure and business travel in the country".

CBRE. Bangalore, Delhi-NCR and Mumbai are among the top 3 cities spearheading green-compliant office spaces with a cumulative share of 68% of the total, green-certified office stock in India.

CVC Capital Partners is exploring selling its controlling stake in Indian cancer hospital chain HealthCare Global Enterprises Ltd., according to people familiar with the matter. The private equity firm is looking to identify buyers for its 60.4% in the Mumbai-listed company, said the people, who asked not to be identified as the information is private. CVC’s stake is worth about $358 million, according to data compiled by Bloomberg.

JPMorgan for Asia Pacific, highlighted the growing enthusiasm for the "China plus one" approach among businesses. He emphasised that India, among other nations, stands to reap substantial benefits from this strategy, potentially emerging as the primary beneficiary.

Netapp expects the Indian market to accelerate and become the data storage firm’s largest market in Asia in the next three to five years from the top three position currently. This will be on the back of the country’s demographic and economic advantages, and Netapp's headroom to grow in this market, George Kurian, chief executive and member of the board of Netapp, told ET. Kerala-born Kurian, who became chief of the $6.36 billion company in 2015, is currently on a visit to India.

MUMBAI : KKR & Co. plans to carve out the municipality business from RE Sustainability Ltd (formerly Ramky Enviro Engineers Ltd) that it acquired five years ago, and sell the unit back to its original promoters, two people aware of the matter said. The private equity firm believes that removing the municipality business, which serves local governments, will make the company more attractive for potential buyers, the people cited above said.

₹1.5 trillion ($18 billion) cumulatively to companies in the online gaming sector for alleged underpayment of taxes over several years, three people aware of the matter said. Projections of such taxation notices come a day after Mumbai-based Sporta Technologies, which runs the popular fantasy gaming platform Dream11, filed a writ petition in the Bombay High Court appealing retrospective show-cause notices by the DGGI for FY18 and FY19.

Mint has seen a copy of the letter that has other signatories— heads of Bharat Diamond Bourse (BDB) ,located in Mumbai’s Bandra-Kurla Complex, Surat Diamond Bourse (SDB), Mumbai Diamond Merchants’ Association (MDMA) and Surat Diamond Association . “India’s exports of polished diamonds have fallen by more than 25% in the January-August period as demand for loose polished diamonds and jewellery from key consumers like US and China has been materially affected, which is why we have appealed to our members to halt imports of roughs," Shah told Mint.

Mumbai: Sometime in 2008, a team from financier Bajaj Finserv was at a consumer durables store when a family of four walked in. They wanted to buy a 32-inch television on loan but were told it would take at least three days. The Bajaj team wondered why the loan could not be processed the same day so that the family could take the TV home by evening.

Singapore Airlines on Tuesday said it aims to complete the merger of Vistara with Air India «as soon as possible» subject to remaining approvals from relevant authorities. Once the proposed merger, which was approved by the Competition Commission of India (CCI) on September 1, is complete, Singapore Airlines will have a 25.1 per cent stake in Air India.

₹235.5 crore, as per a regulatory filing made by the Mumbai-headquartered agro-business company on September 26. As per the agreement, Shree Renuka will purchase around 5 crore equity shares for ₹47.05 apiece. Post-completion of the acquisition, Anamika will become a wholly-owned subsidiary of the company.

online edition on 25th – 26th October with leading international authors such as Salman Rushdie and Elif Shafak. The Festival will take place on ground from 27th – 29th October at the NCPA, Nariman Point and St Pauls Institute of Communication Education and Title Waves bookstore in Bandra. The Festival will maintain its hallmarks of inclusivity, diversity and innovation encompassing nationalities, genders, geographies, communities and languages. Celebrated thought leaders, wordsmiths and storytellers from India and 15 other countries, will explore issues at the heart of fiction, poetry, mathematics, economics, communications, business, sport, health, history, art, society, nature, food, with fresh and unique perspectives that characterize the Litfest. Participants will include Abanti Sankaranarayanan, Anuja Chauhan, Arjun Raj Gaind, Gulzar, Gurcharan Das, Faye D’Souza, Jerry Pinto, Kunal Vijayakar, Luke Coutinho, Mani Shankar Aiyar, Manoranjan Byapari, Marcus du Sautoy, Meeran Chadha Borwankar, Mehdi Hassan, Michel Bussi, Prahlad Kakar, Peter Frankopan, Rajdeep Sardesai, Ranjit Hoskote, Sam Miller, Shanta Gokhale, Shashi Tharoor, Shobhaa De, Sudha Murty, Tenzin Tsundue, Vivek Shanbhag, Zac O’ Yeah, Zai Whitaker among others. The Festival highlights will never fade: the prestigious Poet Laureate, Lifetime Achievement, and Literary Awards; the packed-hall Great Debate; an introduction to a language other than English (Kannada this year); 14 book launches; gripping indoor and outdoor stage performances; the fully subscribed workshops and the popular Book Swap.

periodic showers being recorded in Mumbai and its neighbouring townships over the past week. “Generally cloudy sky with moderate rain or thundershowers in Mumbai city and suburbs," the BMC posted on social media platform X.

Banks in October are closed on the occasion of Gandhi Jayanti, Mahalaya, Kati Bihu, Durga Puja, Dusshera, Lakshmi Puja, Sardar Vallabhbhai Patel’s Birthday.

copyright row between the popular photoblog Humans Of New York and its Indian replica Humans Of Bombay seems to have escalated further. Brandon Stanton, the founder of Humans Of New York, recently took a dig at the desi version. Taking to X (formerly Twitter), the writer-photographer made an oblique reference to an “ongoing court case involving my work, but which thankfully doesn't involve me,” referring to the copyright infringement row, and then went on to call out Humans Of Bombay for commercialising the art of storytelling. “For the last thirteen years I haven't received a penny for a single story told on Humans of New York, despite many millions offered. All my income has come from books of my work, speeches I have given, and Patreon,” he tweeted. He then pointed out that when art becomes solely for profit, it becomes a product. “Beautiful art can make money, there is nothing wrong with that. But when art begins with a profit motive, it ceases to become art. And becomes a product,” he wrote. Many X users came out in support of the author and also heavily censured Humans Of Bombay CEO Karishma Mehta. “The difference between @humansofny & @HumansOfBombay is comically dystopian. Brandon could have easily been a billionaire by now. He only «monetizes» his HoNY fame to raise funds for others. Karishma is aggressively & arrogantly entitled about wanting to make a lot of money,” wrote an X user. Meanwhile, the X handle of the Mumbai-based photoblog has reached out to Stanton. In a post, it claimed that the suit was related to IP (Intellectual Property) and not storytelling.

Vijay Wadettiwar on Tuesday sought to know why «efficient» central agencies like the Enforcement Directorate and the Central Bureau of Investigation fail to nab the people involved in leaking papers of recruitment examinations conducted by the government. He also targeted the Eknath Shinde-led Maharashtra government over the paper leak incidents, and asked it to undertake measures to curb such malpractices. «After the talathi recruitment fiasco, there are instances of paper leaks in the similar hiring procedures of Mumbai police and state forest department.

«The rally may continue due to more flows and less companies to invest in,» Kalpen Parekh, managing director and CEO of Mumbai-based mutual fund DSP, told the Reuters Trading India forum. Mid- and small-cap indexes have significantly outperformed their larger peer in 2023. The Nifty small-cap 100 index has risen nearly 33% this year, while the Nifty midcap 50 index is up around 29%, versus an 8.7% rise in the benchmark Nifty 50.

Pieter Elbers, CEO, IndiGo, tells ET Now about the airline's plans going forward. Edited excerpts:ET Now: Give us an idea of the airline's expansion strategy...Pieter Elbers: Over the past five-six weeks we have added new flights from Mumbai, we have started operations from Mumbai to Nairobi. We have started Mumbai to Jakarta and as recently as this weekend we have launched flights from Delhi to Tashkent and Almaty. So we have expanded from a little over 20 destinations to 32 now.

chargesheet filed against Pakistani-origin Canadian businessman Tahawwur Rana in the 26/11 Mumbai terror attacks case, the city police have mentioned that he stayed for two days at a hotel in suburban Powai till November 21, 2008, days before the attacks, an official said. The Mumbai police's crime branch on Monday submitted the over 400-page chargesheet, the fourth in the case so far, before a special court hearing the Unlawful Activities (Prevention) Act (UAPA) cases. Rana, currently under detention in the United States, faces multiple charges for his role in the Mumbai attacks and is known to be associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 strikes. The chargesheet mentions that Tahawwur Hussain Rana came to India on November 11, 2008 and stayed in the country till November 21.

Mumbai's iconic Hanging Gardens, a beloved 136-year-old landmark, might soon bear the brunt of infrastructure development within the city. As per a TOI report, a proposal to overhaul a colonial-era reservoir beneath the terraced gardens on Malabar Hill is set to render this cherished spot inaccessible to the public over a phased seven-year period. P Velrasu, the additional municipal commissioner in charge of projects, told TOI, «The plan is to demolish and reconstruct the reservoir over a period of seven years.» This ambitious project is expected to necessitate the dismantling of the entire landscaped area and the relocation of approximately 350 trees to an adjacent plot. In response to vehement objections from local residents, Mumbai's guardian minister and Member of Legislative Assembly (MLA), MP Lodha, has convened a public meeting scheduled for Tuesday to address the concerns.

Abcoffee has secured $2 million in a seed funding round led by venture capital firm Tanglin Venture Partners. The round also witnessed participation by 100x.vc, Panthera Peak and OTP Venture Partners, in addition to several other angel investors. The Mumbai-based company said it aims to deploy the funds raised to enhance its tech stack, expand its product range, and increase accessibility to its affordable speciality coffee through its retail ‘grab-and-go’ outlets.