City Mumbai Financial News

Kolkata Knight Riders (KKR) facing Royal Challengers Bengaluru (RCB) at Eden Gardens, Kolkata. The match will begin at 7:30 P.M. IST. With the league entering its 18th season, expectations are high, especially after a record-breaking 2024 edition that saw exceptional batting performances. The mega auction in Jeddah last November has further intensified the competition, with franchises strengthening their squads. Several batsmen are expected to play a crucial role for their teams this season. The ranking is based on three key factors: consistency, recent form, and the ability to influence matches. These players have demonstrated sustained excellence in franchise and international cricket, making them ones to watch in IPL 2025.

Upcoming cars in India)Maruti Suzuki offers the Baleno while facing competition from Hyundai's i20 and the i20 N Line. Tata Motors presents the Altroz and its sportier variant the Altroz Racer.

Vageshwari Properties, an entity that counts Reliance Industries' board member and executive director Nikhil Meswani's wife Elina as a director, has acquired Laxmi Nivas, an iconic bungalow located on south Mumbai's plush Nepean Sea Road, for over ₹276 crore. The over 120-year-old sea-view property situated diagonally opposite the Russian consulate has a total built up area of nearly 19,892 sq ft spanning across ground plus two upper floors. The sellers had acquired the bungalow spread over around half-an-acre from a Parsi family for about ₹1.2 lakh in 1917. The bungalow, built in 1904, holds significant historical importance, having served as a safe house for prominent freedom fighters during the 1940s Quit India movement. Notable figures such as Ram Manohar Lohia, Jayaprakash Narayan, Achyut Patwardhan and Aruna Asaf Ali sought refuge here. It also functioned as a broadcasting centre for Netaji Subhash Chandra Bose's Azad Hind Radio during this period.

Subscribe to enjoy similar stories. Narayana Health is ramping up its oncology offerings with a new chain of cancer care centres, taking the treatment to patients and keeping them out of hospitals as the disease burden rises in India.

Subscribe to enjoy similar stories. Mumbai: Global private equity firm TPG Capital and Singapore government’s sovereign wealth fund GIC have entered the race to acquire up to 49% stake in the Indian operations of Chinese consumer durables maker Haier, four people aware of the development said. While TPG has teamed up with the Burman family, GIC is bidding along with the Goenka family of the Welspun Group, these people said.

Subscribe to enjoy similar stories. A laser-sharp focus on the US market in a world being reshaped by artificial intelligence has cast shadows over three Indian tech services companies catering to healthcare and life sciences companies. Lack of diversified businesses, policy uncertainty in the Donald Trump era, and the challenges of GenAI pose major risks for Sagility Ltd, Indegene Ltd, and Inventurus Knowledge Solutions Ltd, all of which listed on the stock exchanges in the past year, analysts said.

CEAT Ltd is seeking to strengthen its play in the premium ultra-high performance and luxury four-wheeler segment that is expected to significantly grow in the next three to five years, company MD and CEO Arnab Banerjee said on Wednesday. The company, which launched three new products ZR-rated, CALM Technology and Run-Flat tyres, is preparing itself to address an emerging trend in the premium 17-inch plus tyre segment, he told PTI. «The saliency of this segment is about 8-10 per cent today in the aftermarket and it is going to grow much faster than the rest of the market. It could be as high as 25-30 per cent in three to five years time,» Banerjee said. The launch of ZR-rated tyres, CALM Technology and Run-Flat tyres, strengthens CEAT's position as a premium, technology-driven brand, he added.

Subscribe to enjoy similar stories. Bengaluru: US-based Prologis Inc., the world’s largest owner of warehouses, plans to invest around $500 million in India by 2026 to build a large portfolio of warehousing parks in the country. The company could double its investment in India in the 5-7 years following the initial $500 million outlay, chief investment officer Joseph Ghazal said in an interview.

Subscribe to enjoy similar stories. New Delhi: Public listings are usually sober events. The CEO takes the stage and talks about the journey followed by the ringing of the bell to signal the start of the company’s public launch.

stocks rallied as much as 15% in Mumbai trading on Wednesday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the green amid brisk buying in frontline bluechip counters. Stocks that surged in excess of 15% included, Devki Leasing(20.00%), Brooks Labs(20.00%), Ksolves India(19.99%), United Credit(19.99%), GRSE(19.99%), Ador Multiprod(19.98%), Vibhor Steel Tubes(19.96%), Sindhu Trade(19.94%), Asian Oilfield(19.40%) and Panchsheel Org(17.72%).

Subscribe to enjoy similar stories. Sunscreen in make-up, in skincare, in hairspray, in tablets—it seems sunscreen is in every skin-related product. How often should you apply sunscreen? According to experts, regularly.

InterGlobe Aviation surged 2.33% to an intraday high of Rs 4,920.45 on the BSE in today’s trading session after the airline outlined an ambitious growth roadmap for FY30. Investor sentiment turned bullish as the company revealed strong expansion plans, including passenger growth, fleet expansion, and new international routes. IndiGo expects to carry 118 million passengers in FY25, with early double-digit growth projected for FY26. The airline also plans to add 14 new destinations in FY26, further strengthening its domestic and international network.

Subscribe to enjoy similar stories. New Delhi/Mumbai: E-commerce aggregator 10Club, operated by Boxseat Ventures Pvt Ltd, is close to shutting shop, less than four years after it drew attention by raising $40 million in early-stage money in the highest seed-funding round by an Indian startup.

Subscribe to enjoy similar stories. Mumbai: The market regulator may review its contentious proposal to introduce a gross limit for all clients trading in index options after receiving feedback against such a rule from several market participants, a person aware of the development said. The Securities and Exchange Board of India's planned review comes after brokers, proprietary desks and institutional traders flagged risks of reduced market liquidity and higher trading costs in India's derivatives market if the rule is implemented.

Ansal Group promoter Sushil Ansal's wife Kusum Ansal has sold her bungalow at Feroze Shah Road in Lutyens' Delhi for ₹241 crore. The sale comes at a time when the real estate developer is facing multiple legal challenges relating to its business. The deal, struck at ₹200,000 per sq ft, makes it one of the costliest real estate transactions in the country, surpassing even some of the major transactions done in Mumbai. The property was listed on the website of India Sotheby's International Realty. The firm declined to comment on commercials of the transaction but confirmed that Sotheby's had the exclusive mandate of this asset.

Subscribe to enjoy similar stories. A recent report by an investment bank says that the three biggest areas of focus on the economic-policy front for the Indian government right now are striking bilateral trade deals, stepping up investments in strategic industries such as semiconductors and reducing the burden of regulation on firms as well as citizens. The new Economic Survey written by officials in the finance ministry made a compelling case on how a surfeit of outdated regulations hold back the growth of firms, especially smaller enterprises that drive job creation.

Subscribe to enjoy similar stories. MUMBAI : Over the past few years, a new fund category—multi-asset funds that invest in equity, debt, gold, and international stocks—has taken root in India. With renewed interest in foreign stocks and changes in taxation introduced in the 2024 budget, multi-asset funds can be an attractive proposition.

Subscribe to enjoy similar stories. Mumbai: State-owned Bank of India is looking to go beyond its comfort zone of lending to companies with the highest credit ratings to shore up its margins, which is already under pressure and could sink further following the Reserve Bank’s rate cut. Chief executive Rajneesh Karnatak said in an interview withMint that the bank is looking for companies rated ‘BBB’ or ‘A’ to lend to, as those rated ‘AA’ or above have more bargaining power on lending rates.

Aamir Khan and his daughter, Ira Khan, stepped out of their respective residences to meet in Mumbai. Shortly after, multiple videos and snapshots of their interaction surfaced across various social media platforms, drawing attention from online audiences. A segment of viewers speculated that Ira appeared visibly emotional during the encounter. In one particular video shared on Instagram by a paparazzo account, Ira could be seen speaking to Aamir while walking away. Moments later, Aamir turned toward her, called her back, and embraced her warmly. He also affectionately kissed the top of her head before making his way toward his vehicle and getting inside. Following this, Ira was filmed departing the location in her own car. For the outing, she opted for a casual ensemble consisting of a black T-shirt, matching trousers, and a pair of shoes. Aamir, on the other hand, was dressed in a blue T-shirt, denim jeans, and white sneakers.

Reserve Bank of India Governor Sanjay Malhotra has expressed concerns over the rise in customer complaints and urged the top management of banks and non-bank lenders to get directly involved in improving customer services and resolving their grievances. «I suspect that we are not spending enough time on customer service and grievance redressal as a result of which not only are there a large number of complaints being received by banks and NBFCs but in the absence of satisfactory resolution, a large number of them are getting escalated to RBI Ombudsmen,» the governor said Monday in Mumbai at the annual conference of the central bank's Ombudsmen. «I would, therefore, strongly urge all the MD & CEOs, zonal and regional managers and the branch managers to spend some time every week, if not every day on grievance redressal. This is a must. All great CEOs find time to do it,» Malhotra said Monday in Mumbai.

Subscribe to enjoy similar stories. Urban Company has stepped into quick commerce with a trial service in Mumbai called Insta Maids. The home services app promises to send workers for jobs like cooking prep, utensil cleaning, sweeping and mopping within 15 minutes—at an introductory charge of just ₹49 per hour (marked down from ₹249).