City Mumbai Financial News

Tata Communications has moved the Income Tax Appellate Tribunal against an income tax commissioner court order rejecting the company's appeal against a tax demand of Rs 228.49 crore, according to an exchange filing.

Bengaluru Airport on Friday night when thick smoke was observed emanating from the tail area of an Air India aircraft. Swift action by airport firefighters ensured the situation was brought under control, and fortunately, no injuries were reported.

India is holding the historic G20 Summit in Delhi, Congress leader Manish Tiwari on Saturday launched an attack on the Bharatiya Janta Party-led Centre, asking the government to clarify in Parliament whether the government is aiming to provide a military base to United States soldiers on Indian soil. Tiwari, citing the India-US joint statement released by the White House on Friday, said, «Is this a precursor to providing US military bases on Indian soil? The NDA/BJP will have to clarify in Parliament.» The Congress leader's attack on the Centre comes as Prime Minister Narendra Modi held a bilateral meeting on the sidelines of the G20 Summit with US President Joe Biden hours after he landed in New Delhi to attend the mega conclave. According to statement from the White House about the meeting of both leaders at 7, Lok Kalyan Marg in Delhi, they talked about various key issues and also applauded the conclusion of a second Master Ship Repair Agreement signed between American Navy and Mumbai-based Mazgaon Dock Shipbuilders in August 2023. During the meeting, both leaders recommitted to advancing India's emergence as a hub for the maintenance and repair of forward-deployed US Navy assets and other aircraft and vessels, according to the White House statement. Taking to X, Manish Tiwari highlighted a specific part of the India-US joint statement that reads, «The leaders applauded the conclusion of a second Master Ship Repair Agreement, with the most recent agreement signed by the U.S. Navy and Mazgaon Dock Shipbuilders, Ltd., in August 2023.

India for the G20 summit are set to experience a culinary treat with an extravagant all-vegetarian menu inspired by the «sharad ritu» or season of abundance. Hosted at Bharat Mandapam on Saturday, the two-day VVIP summit is being catered by ITC Hotels, featuring a selection of dishes that highlight the diverse ingredients from across India during the autumn season. For lunch, attendees can anticipate tantalizing options such as tandoori aloo, kurkuri bhindi, zafrani gucchi pulao, and paneer tilwala. Dinner, according to sources, will commence with paatram, millet leaf crisps adorned with dahi and chutney (chaat).

Fathers play the ideal role models for most children, their struggles, adjustments to life and ability to sail through any situation inspires most children to one day frow up to be like them and take over the world like their fathers did. Having supportive parents is a blessing and when you can shoulder responsibilities with your them to help improve your life, it is a blessing. These father-son duos have established successful businesses that have reached greater heights as the two generations came together, the expertise of the old and the fresh ideologies of the new:

A weapon wielded by Chhatrapati Shivaji Maharaj in 1659 will return to India in November this year. The ‘wagh nakh’ – an iron weapon shaped like tiger claws – was used by the Maratha leader to kill the Bijapur sultanate's general Afzal Khan. Designed to slash through skin and muscle, the small weapon is currently part of London's Victoria and Albert Museum.

Climate Change (MoEFCC) is responsible for framing laws and regulations related to waste management in the country. The Central Pollution Control Board (CPCB) and state pollution control boards are responsible for enforcing these regulations and monitoring compliance. However, waste management given its inter-sectoral nature also features in the mandate for other ministries like the Ministry of Housing and Urban Affairs.

Tenet Diagnostics with presence across eight states, on Friday announced Rs.100 crore investment in Karnataka, promising hundreds of new jobs. In two years, the chain will expand its footprint from five in Bengaluru now to 15 by 2025, adding about 1500 skilled jobs to its current headcount of about 150 doctors and 800 technicians, Tenet chairman D Suresh told a media conference in Bengaluru.

Akasa Air on Friday announced the graduation of its first batch of pilots who have successfully completed their command upgrade training. First Officer Shantanu Patil and First Officer Rahul Sinha were the first batch of pilots who successfully completed their training and graduated to becoming pilots in command. «These dedicated and skilled professionals have graduated from First Officers to Captains, marking a significant milestone not just in their careers, but also for Akasa,» the company said in a press release. Congratulating the first batch of pilots at a ceremony held in Mumbai, Vinay Dube, Founder and Chief Executive Officer at Akasa Air said, “We are immensely proud to celebrate our first batch of pilots who have successfully transitioned to the role of Captains through our internal upgrade program.

Jawan has set the record for the highest opening day of all time for an original Hindi movie, clocking ₹65 crore on Thursday. The Atlee-directed film has beaten the record set by Khan’s own Pathaan which had mopped up ₹55 crore when released this January.

Energy management and automation firm Schneider Electric on Friday said it has made an equity investment in Biofuels Junction. The investment has been made through Schneider Electric Energy Access (SEEAA), Schneider Electric said in a statement. SEEAA is the Asia-focused clean energy fund, co-funded by Norfund, EDFI MC and Amundi, it added. «Schneider Electric...has made an equity investment in Biofuels Junction.

Mumbai woman flight attendant, Rupal Ogrey, has died by suicide while in police custody at the Andheri lock-up, TOI reported. The accused, identified as Vikram Athwal (35), who worked as a garbage collector, was arrested by the Powai police within 12 hours of the discovery of the crime few days back. As per the official report, authorities became suspicious on Friday morning when they noticed that Athwal, who had entered the toilet at the Andheri lock-up, was unresponsive to repeated calls.

A post shared by Hitesh Sanghvi (@hitesh412740) “Golf with @mahi7781, @realdonaldtrump and @rajiv.knack.......thank you mr president for hosting us," Hitesh captioned the photograph. MS Dhoni can be seen with his trademark long hair. Whereas, Donald Trump was wearing his familiar MAGA cap.

₹350 and ₹600 depending upon the film, day and show timing. Another such property is slated to come up, in Mumbai’s Eros Cinema.

MUMBAI — LIC Housing Finance is one of the largest housing finance mortgage companies in India, and a subsidiary of the country’s largest life insurer Life Insurance Corporation of India (LIC). In 5 years, the company more than doubled its assets to Rs 2.5 lakh crore in 2022.

Jawan box office: Shah Rukh Khan's Jawan which released on 7 Sptember has not only scripted history in domestic market but also in international markets. Film Trade Analyst Taran Adarsh in a post on X has said that Jawan has created havoc in international markets on Day 1. Citing Exclusive data, he said that the film debuts at Number 1 spot in Australia and New Zealand while the film is on Number 3 in Germany.

IMD) has issued a Yellow alert for Friday in Mumbai, Thane, Palghar, Raigad, Ratnagiri, Dhule, Jalgaon and Nashik districts of Maharashtra. «Western #MadhyaPradesh, #Maharashtra & #Gujarat to Face Heavy Downpour in next 3 days,» the IMD said in a post on 'X'. The weather office has predicted light to moderate rainfall with moderate to severe thunderstorms in several parts of India including north Maharashtra, Gujarat and Madhya Pradesh. «Recent Satellite Imagery shows moderate to intense convective clouds leading to the possibility of light to moderate rainfall activity occasional intense spells with moderate to severe thunderstorms and lightening over parts of Northwest #UttarPradesh, #EastUttarPradesh #SouthBihar, #northMaharashtra, #GujaratRegion, #MadhyaPradesh, #Odisha, #GangeticWestBengal, #Jharkhand, #Assam & #Meghalaya, #Nagaland, #Manipur, #Mizoram, #Tripura during night time,» the IMD said in a string of posts on 'X'. Mumbai witnessed heavy rainfall since Thursday morning and more rainfall is expected at night, the Met Office said. "#Mumbai and adjoining regions have also reported heavy rainfall since 0830 hrs IST. #Mumbai Rain since 0830 hrs IST (in mm) #Santacruz 92.5; #Colaba 43.6; #Dahisar 71.0; #Juhu 84.0; #Rammandir 88.0; #Matunga 75.5; Sion 75.2 light to moderate rainfall is likely over Mumbai during night time," the IMD posted. Earlier on Thursday, the weather office forecasted light to moderate rainfall in parts of Uttar Pradesh.

weather forecast, IMD has predicted light to moderate rainfall in Mumbai city and suburbs in the next twenty-four hours. The maximum and minimum temperatures of the city can range between 32 degrees Celsius and 26 degrees Celsius.

NEW DELHI, MUMBAI : Private equity (PE) and venture capital (VC) funds registered as alternative investment funds (AIFs) are forming shadow investment committees (IC) as formal appointments of foreign nationals in such panels have been barred, pending an opinion from the Reserve Bank of India (RBI) about the validity of such hiring, two people familiar with the development said. In October 2020, the Securities and Exchange Board of India (Sebi), India’s markets regulator, wrote to RBI seeking its view on whether having non-residents on the IC would make the AIF foreign-controlled. In the meantime, Sebi prohibited AIFs from hiring foreign nationals on their ICs.

earning ₹10 lakh or more annually. Even if the tax net doesn’t capture prosperity fully, it will take quite a leap for BMI’s projections to be met.

₹1,000 for the passport to be brought back to Delhi. He could even authorize someone in Kolkata to collect it. But none of these options made sense since the mariner would lose time.