City Mumbai Financial News

SSC and HSC exams 2024 will be held in two shifts i.e. from 11 am-2 pm and 3pm to 6 pm or 3-5 pm depending on the subjects.

Assetmonk, an alternative real estate investment platform, has acquired around 90,000 sq ft of office space in Tidel Park, a commercial office property in Taramani, Chennai, valued at around Rs 89 crore. The acquired floor in 1.2 mn sq ft IT park in Tidel Park hosts around 250 Fortune US conglomerates as its tenants, delivering an average rental yield exceeding 10.6%. The asset was bought from a Mumbai-based seller and is targeting an IRR of 16.5% over 5-6 years’ tenure. “The inclusion of the exceptional commercial asset at Tidel Park to our portfolio is a deliberate move in our long-term strategy, aimed at identifying unique and high-potential investment opportunities for seasoned investors.

August bank holiday list August 29 (Tuesday)- Thiruvonam- Banks are closed in Kerala. August 30- (Wednesday)- Raksha Bandhan- Banks are closed in Rajasthan, Himachal Pradesh. August 31- (Thursday)- Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol- Banks are closed in Uttarakhand, Assam, Kerala, Uttar Pradesh.

Free Press Journal has stated. As per the report, the stretch between Igatpuri and Shirdi is 125 km and currently it allows speed up to 110 kmph. According to instructions from the Railway Board, the Central Railways has started working on improving the tracks in order to help increase the speed of the train, officials said as reported by FPJ.

₹54600 per 10 grams for 22 carats, and ₹59550 per 10 grams for 24-carat in the spot market. Bangalore- Rs59400 Chennai- Rs59750 Delhi- Rs59550 Kolkata- Rs59400 Mumbai- Rs59400 Pune- ₹59450 Bangalore- ₹54450 Chennai- ₹54750 Delhi- ₹54600 Kolkata- ₹54450 Mumbai- ₹54450 Pune- ₹54450 However, the rates mentioned above do not include GST, and other levies. 24k gold is available in the market in the form of bars and coins.

alliance in Mumbai as top leaders huddle for a two-day meeting starting August 31 where the BJP-Shiv Sena government is in power, PTI reported. Bihar Chief Minister Nitish Kumar, who played an instrumental role in bringing together different parties opposed to the ruling BJP, on Sunday said, “ We will discuss the INDIA bloc's strategies for next year's general elections during the upcoming meeting in Mumbai." "Issues such as seat-sharing will be discussed and several other agendas will be finalized. A few more political parties will join our coalition.

₹7.64 crore at Oshiwara in Mumbai. The property is located at the same building where her husband Ajay Devgn bought five flats for ₹45 crore, according to media reports. The ‘Dilwale Dulhaniya Le Jaenge’ star has bought the flat with a carpet area of 194.67 sq m, situated in the Signature Building in Andheri West in Mumbai, the report said, adding that the agreement was concluded on July 28.

₹10 crores. Also read: Rajasthan vendor lodges FIR against 4B Network's Rahul Yadav alleging fraud: Report The Mumbai Police's Economic Offences Wing (EOW) previously filed a First Information Report (FIR) in this case and issued a look-out notice for Yadav and Saini. The complaint, filed by Omprakash Nowal of Interspace, alleges that the accused engaged his firm to install billboards in Pune.

Kajol is now the proud owner of a swanky office space! The ‘Dilwale Dulhaniya Le Jayenge’ star recently purchased an office at Oshiwara for a whopping Rs 7.6 crore! The flat is located at the same building where her husband, superstar Ajay Devgn bought five flats at the sum of Rs 45 crore. The building is located right next to the grand Lotus complex which is home to the headquarters of the top production companies in Bollywood such as Reliance Entertainment, Banijay Asia, Abundantia Entertainment, etc. Earlier, the ‘Kuch Kuch Hota Hai’ star had purchased two more flats at Ananya Building in Juhu for about Rs 11 crore.

Reuters, certain inhabitants of Dharavi mentioned that the billionaire's financial difficulties have added to their apprehensions. Adani's redevelopment plans face a new challenge in the form of a legal dispute presented by competitor SecLink Technologies Corporation.

The Economic Times citing sources. As per the report, merchant lending has emerged as a significant source of revenue and a pivotal sector for the company. In a strategic move to strengthen its lending operations, BharatPe had unveiled its acquisition of a controlling stake in Mumbai's Trillion Loans, a non-banking financial company (NBFC), in May.

Isha Ambani, appointed non-executive director on the RIL board, is part of the executive leadership teams at Reliance Retail, Reliance Jio, Reliance Foundation and Dhirubhai Ambani International School. For nearly a decade, she has led the online and offline business of Reliance Retail, India's largest retailer by revenue, profit, reach and scale with presence in grocery, consumer electronics and fashion retail. Under her leadership, it's become the only Indian entity in the global top 100 retailers. Isha Ambani graduated from Yale University in 2013 with a double major in psychology and South Asian studies and completed her MBA from Stanford University in 2018.

MUMBAI : Mukesh Ambani-led Reliance Industries Ltd (RIL) is looking to collaborate with large international wind equipment manufacturers to set up its ambitious wind energy business. On Monday, while addressing the 46th annual general meeting, Ambani unveiled the group’s renewable energy roadmap. As part of its strategy to transition from fossil fuels to new energy, RIL will expedite the development of its green energy giga manufacturing complex in Jamnagar, Gujarat.

Globetrotters are always on the search for good, cheap accommodation. And that is good news for people offering homestays via platforms like Airbnb. The Airbnb story, though, is not new in India.

BPCL) on Monday said it will spend around ₹1.5 lakh crore in the next five years, towards its transformative initiative, 'Project Aspire'. As part of Project Aspire, the oil marketing company will not only grow its oil business but also expand its renewable energy portfolio as it aims for a 2040 net-zero goal, chairman and managing director G Krishnakumar said at its 70th annual general meeting. «The company has set a planned capex outlay of around ₹1.5 lakh crore in the next five years, which will enable BPCL to create long-term value for our stakeholders while preserving our planet for future generations,» Krishnakumar said at the meeting. Krishnakumar also said BPCL would invest ₹1 lakh crore between now and 2040 for projects including green hydrogen, carbon capture, utilisation, and storage (CCUS) and on improving energy efficiency to cut emissions. BPCL will also invest ₹10 lakh crore to set up 50 megawatts of captive wind power plants for its 240,000 barrels per day (bpd) Mumbai refinery and Bina refinery in central India. The company hopes to own 1 gigawatt (GW) of renewable energy capacity by 2025 and 10 GW by 2040. Bharat Oman Refineries' merger with BPCL has provided a significant boost to refining capabilities of the company, Krishnakumar said, adding that BPCL is expanding the capacity of its Bina Refinery from 7.8 MMTPA to 11 MMTPA, thereby securing its markets in northern and central India. The capacity of the Bina refinery after the expansion will be around 220,000 barrels per day (bpd). BPCL is also building a Rs 490-billion ethylene cracker at 156,000 barrels per day (bpd) at its Bina refinery. The ethylene cracker will raise the Bina refinery's share of petrochemicals in its business to 8%.

4B Networks founder Rahul Yadav, who was booked by the Mumbai Police in a cheating case, has filed an anticipatory bail application (ABA) before a sessions court on Monday. The city police’s Economic Offences Wing (EOW) probing the matter opposed the ABA, contending that Yadav failed to join the investigation on at least two occasions. An intervention application was filed by the complainant.

₹5070 crore) bid, DLF was among other bidders. SecLink doesn't bid. The Maharashtra government in 2023 awards the Dharavi project to Adani Group.

Bharat Petroleum Corp (BPCL) on Monday said it will spend around Rs 1.5 trillion, in the next five years, towards its transformative initiative, 'Project Aspire'. As part of Project Aspire the oil marketing company will not only grow its oil business but also expand its renewable energy portfolio as it aims for a 2040 net-zero goal, Chairman and Managing Director G Krishnakumar said at its 70th annual general meeting. «The company has set a planned capex outlay of around Rs 1.5 trillion in the next five years, which will enable BPCL to create long-term value for our stakeholders while preserving our planet for future generations,» Krishnakumar said at the meeting. Krishnakumar also said BPCL would invest Rs 1 trillion between now and 2040 for projects including green hydrogen, carbon capture, utilisation, and storage (CCUS) and on improving energy efficiency to cut emissions. BPCL will also invest Rs 10 billion to set up 50 megawatts of captive wind power plants for its 240,000 barrels per day (bpd) Mumbai refinery and Bina refinery in central India. The company hopes to own 1 gigawatt (GW) of renewable energy capacity by 2025 and 10 GW by 2040. Bharat Oman Refineries' merger with BPCL has provided a significant boost to refining capabilities of the company, Krishnakumar said, adding that BPCL is expanding the capacity of its Bina Refinery from 7.8 MMTPA to 11 MMTPA, thereby securing its markets in northern and central India. The capacity of the Bina refinery after the expansion will be around 220,000 barrels per day (bpd). BPCL is also building a Rs 490-billion ethylene cracker at 156,000 barrels per day (bpd) at its Bina refinery.

Ikea expects its Hyderabad store, the first in the country to achieve operational breakeven soon, the company said on Monday without providing the revenue details. Hyderabad store which was opened in 2018 has witnessed a footfall of three million during the last 12 months period against 2.90 million a year before. However, the figures are not comparable as last year and period before that witnessed a lot of movement restrictions due to COVID-19 pandemic. Speaking to media, Ikea India CEO Susanne Pulverer said the firm is exploring different formats of stores in terms of size, to penetrate the market and get closer to people where they live.

NCP leader Chhagan Bhujbal, once a confidant of Sharad Pawar, has alleged the NCP chief made him resign as Maharashtra deputy chief minister based on mere allegations about the «Telgi scam» in 2003 though he had ordered the arrest of the fake stamp paper racket's kingpin. Addressing a rally in Beed on Sunday, Bhujbal, now a member of the Ajit Pawar camp of NCP, also said nobody sought senior Pawar's resignation in the 1990s when allegations were levelled against him by some people, including G R Khairnar, then deputy municipal commissioner of Bombay (now Mumbai) civic body. Sharad Pawar was the chief minister of Maharashtra from March 1993 to March 1995- his third stint- when Khairnar, known as «demolition man» for taking action on illegal encroachments in Mumbai, had raised certain allegations. «On December 23, 2003, you (Pawar) took my resignation as deputy chief minister in the Telgi scam.

Three persons were killed in a fire in a Mumbai-based hotel on Sunday. Among them were NRIs 28-year-old Kishan Halai and his 25-year-old fiancee Rupal Vekaria, who were supposed to get married in Nairobi. The fire occurred on the third floor of the ground-plus-four-storey Galaxy Hotel in suburban Santacruz on Sunday afternoon.