City Mumbai Financial News

India (NPCI) at the Global Fintech Fest in Mumbai on Tuesday, to enable customers to withdraw cash without a debit or credit card. United Payments Interface, or UPI, is a mobile payment method operated by NPCI that allows the transfer of funds from one bank account to the other, instantly and for free.

Jawan’, the much anticipated action-thriller starring Shah Rukh Khan and Nayanthara hits the theatres today. The release of any SRK-starrer is no less than an elaborate, memorable event these days. From fans showing up at theatres at dawn to catch first day, first show, to King Khan’s cutout from the film’s posters being garlanded at South, here’s a wrap-up of some of the most exciting events, ‘Jawan’s release generated!

DGCA has reinstated approval for Air India's simulator facilities at Mumbai and Hyderabad. This will allow the airline to restart training of pilots which was stopped after the regulator has suspended approval following an audit which found the airline wasn't adhering to standards of the regulator. Air India operates two simulators. The Boeing pilots are trained in a facility in Mumbai while pilots operating the Airbus fleet are trained in Hyderabad. Simulators are used to familiarize pilots with the plane's operational procedures and to prepare them for all situations by creating real world scenarios in the cockpit. Sources said that the regulator had given a conditional approval to operate the simulators after the deficiencies were rectified.

Janmashtami is one of the most auspicious and renowned celebrations across the country, is here again, adorned with vibrant decorations and the radiance of lights. People flock to prominent places like Mathura, Vrindavan, and Gokul to catch a glimpse of Krishna Janmotsav. This grand festivity commemorates the birth of Lord Krishna, which occurred on Ashtami Tithi of Krishna Paksha in the month of Bhadrapada.

A post shared by Ajay Devgn (@ajaydevgn) The film is produced by Ajay Devgn, Jyoti Deshpande, Kumar Mangat Pathak and Abhishek Pathak. As soon as the release date was announced, the actor's fans flooded the comment section with red hearts and fire emoticons, expressing their excitement.

UPI (Unified Payments Interface) applications. Mahindra shared the video on the X platform (formerly Twitter) and called the technology dazzling. As per Mahindra's post, the UPI-based ATM was showcased at the recently held Global Fintech Fest in Mumbai.

Jawan' opened in theatres on Thursday morning, causing a mass hysteria among fans. From making it on time for the first show to bursting crackers outside the theatres, the fans have shown much love to Bollywood superstar Shah Rukh Khan's movie. An SRK fan club shared a video of the first-day-first-show army marching to the theatres with a big banner that read, «First Day First Show Jawan.» They also carried several small signages with «We Love SRK» written on it. The fans began marching at 5:35 AM for the 6 AM show. They were also shouting slogans — «We Love Shah Rukh,» «Bharat Ki Shaan Shah Rukh,» and «Banda Hai To Zinda Hai.» Overwhelmed by their gesture, King Khan took to X (formerly known as Twitter) to thank his fans for the love.

Mumbai rains: The nation is celebrating Janmashtami, and the city popular for its jubilant celebration and famous Dahi-Handi events is battered with heavy rainfall. Many parts of the city are witnessing heavy downpour since morning on Thursday.

leadership of Chief Minister Eknath Shinde, is set to host a "Pro Govinda" competition featuring cash prizes as part of this year's ‘Dahi Handi’ celebrations, reported ANI. State Industries Minister Uday Samant on September 2 said, “Pro Govinda is an event that has been demanded for many years, and it is now being organised under the leadership of Chief Minister Eknath Shinde." The Pro Govinda competition will be held at the NSCI dome in Worli, Mumbai, with the pot suspended at a height of 40 feet. Cash prizes will be awarded to the winners, with the first prize being ₹11 lakh, followed by second, third, and fourth prizes of ₹7 lakh, 5 lakh, and 3 lakh, respectively.

₹ 59043 per 10 gm on Multi Commodity Exchange (MCX). MCX Gold for October 5 delivery went on to hit an intraday high of 59056, and a low of ₹59017.

INDIA is preparing a list of anchors of TV media channels whom the alliance will boycott and the leaders from different parties will not participate in debates and shows run by those anchors, sources said. According to sources in the know, the list will include those anchors who do not give adequate space to opposition leaders in their debates as well as try to «impose a narrative» that runs against the interests of the opposition and often works in favour of the ruling BJP. The alliance's 'working group for media' is scheduled to hold a meeting on September 8 where discussions regarding the issue will also be held, amongst other issues. The INDIA bloc is likely to release the list in a month and restrictions will be followed until the 2024 Lok Sabha polls, a member-leader of the working committee told ET on conditions of anonymity.

Mumbai: Reserve Bank of India governor Shaktikanta Das on Wednesday asked fintech players to set up a self-regulatory organization within a year. Speaking at the Global Fintech Fest, Das said fintech companies need an effective self-regulatory structure. “They (fintech companies) need to evolve industry best practices, privacy and data protection norms in sync with the laws of the land, set standards to avoid mis-selling, promote ethical business practices, transparency of pricing, etc.

Uniqlo, Asia's biggest clothing brand, has posted a 69% increase in sales while net profit nearly tripled for its Indian unit during the year ended March 2023. The Japanese brand posted a net profit of Rs 68.38 crore with net revenues of Rs624.6 crore, according to its latest filing with the Registrar of Companies. A year ago, it had a profit of 21.4 crore with sales of Rs391.7 crore. «Indians like affordable pricing but high quality clothing.

Ace Aviation VIII Ltd, on Wednesday, was successful in securing an adjournment from the National Company Law Appellate Tribunal (NCLAT) in its petition filed against the monitoring committee of Jet Airways for enforcing the sale of three aircraft. The senior counsel appearing on behalf of Ace Aviation argued that the matter be taken up after the pronouncement of the National Company Law Tribunal Mumbai order, which was reserved on August 30. The senior counsel said that withdrawing the current petition or terming it as infructuous, as proposed by the other side, would limit the bidder's options. At the last hearing on August 10, the chairperson's bench had refused to issue notice and adjourned the matter to September 6, as the NCLT was to pronounce its order on August 30. The matter was heard by a different bench today, which adjourned it to September 27. Ace Aviation had approached the appellate tribunal after the NCLT Mumbai had given an interim order asking the monitoring committee to break the deadlock on the sale of three aircraft. The monitoring committee of the beleaguered airline had kept the bidding process in abeyance after it could not all members to agree on the sale.

Mumbai Port Trust, Mazgaon, Mumbai on 4-5 November. The fest will be saluting yesterday's headliners to giving a stage to tomorrow's. Anand Mahindra worte on X(formerly Twitter),"It’s back.

MUMBAI/NEW DELHI : Tata Group's consumer unit is in talks to buy at least 51% of popular Indian snack food maker Haldiram's but is not comfortable with the $10 billion valuation sought, two people briefed on the matter said. If successfully concluded, a deal would see the Indian conglomerate directly compete with Pepsi and billionaire Mukesh Ambani's Reliance Retail. Haldiram's, a household name in India, is also talking with private equity firms including Bain Capital about the sale of a 10% stake, they said.

Maruti Kalyana Mandapam, Koratagere. G Parameshwara said, "Many religions have arisen in the history of the world. Jainism and Buddhism were born here.

Krishna Janmashtami celebrations, billionaire businessman Anand Mahindra decided to share his learning from the festival. The Chairman of Mahindra Group took to X (formerly known as Twitter) to share with his more than 10.7 million followers on the platform. The 69-year-old, who is known for his relatable and candid interaction with his fans on the social networking platform, said that teamwork can help individuals reach greater limits. Wishing his fans a «Happy Janmashtami,» the auto boss said that nothing is impossible when people are united. His tweet read, «Working as a team, we formed a pyramid that reached the moon.

leadership of Chief Minister Eknath Shinde," Maharashtra Minister Uday Samant told ANI. The Pro Govinda competition will take place at the NSCI dome in Worli, Mumbai.

challan number, etc. are correctly filled in the income tax challan. Now, the income tax department has launched a new feature on the income tax return (ITR) portal to correct mistakes in the income tax challan. Do keep in mind that you can only use this feature within seven days of making the income tax payment. If the mistake has to be corrected after seven days, the old process (offline method) has to be followed. According to Milin Bakhai, Associate Partner, N.A. Shah Associates, a Mumbai-based chartered accountancy firm, “The new feature of online challan correction is applicable in respect of challan pertaining to AY 2020-21 (FY 2019-20) and onwards. This means that if an individual is making a tax payment related to AY 2020-21 or any year after that now and a mistake has been made. In such a case, specific corrections can be done online within a specified time period instead of visiting the income tax office.”

₹695-735 per share and the offer will close on Friday, September 8. Jupiter Life Line IPO issue size is ₹869.08 crore which comprises a fresh issue of equity shares worth ₹542 crore and an Offer For Sale (OFS) of 44.5 lakh equity shares by promoter group entities and other shareholders. The lot size for the Jupiter Life Line Hospitals IPO is 20 shares and the minimum investment amount required by retail investors is ₹14,700.