City Mumbai Financial News

19.07 / 04:13

Twitter Extreme Orange Schools Colleges Maharashtra district announces holiday for all schools and colleges in view of heavy rains

Maharashtra's Raigad district has announced a holiday for all schools and colleges today due to heavy rains. The Indian Meteorological Department (IMD) had issued a red alert for Raigad and Palghar districts today, predicting heavy to very heavy rainfall at some places and extremely heavy rainfall at isolated places.

19.07 / 03:35

Citi Waters CEO Earth Indian This Indian city houses world's largest office where 90% of Earth's diamonds are cut | Watch

diamond industry. Surat has achieved this record where Earth's 90% of the diamonds are cut. According to a report by CNN, the newly-opened Surat Diamond Bourse consists of 15-storey complex, built across more than 35 acres of land.

19.07 / 02:05

Citi Extreme Metro Orange Mumbai Mumbai: Heavy downpour to continue today, IMD issues orange alert

weather forecast agency, heavy rainfall in the city and suburbs is expected with possibility of very heavy rainfall at a few places. It has also issued orange alert for the metro city, marking very heavy rainfall in the city.

19.07 / 02:05

Citi Action Mumbai Mumbai sees surge in mosquito-borne diseases in July due to monsoon. Details here

Also read: See How Ticks and Mosquitoes Are Carrying Diseases to More of the U.S. The report also highlighted the prevalence of other monsoon-related diseases in the city.

18.07 / 19:51

COST Lowe's Booking Assurant Enterprise Gautam Adani assures focus on governance at shareholder meet

MUMBAI : Billionaire Gautam Adani emphasized his group’s commitment to improving governance standards during Adani Enterprises Ltd’s (AEL’s) first shareholder meeting after allegations of stock manipulation and accounting fraud made by US-based short-seller Hindenburg Research earlier this year. “It is my commitment that we will continue to strive to keep improving these (governance standards) every single day," he told shareholders at AEL’s 31st annual general meeting (AGM) while sounding upbeat about the conglomerate’s growth prospects amid India’s ambitious infrastructure spending plan and economic resilience.

18.07 / 19:51

COST Booking CEO No plan to raise capital: IndusInd CEO

MUMBAI : IndusInd Bank clarified on Tuesday that it has no plan to raise additional capital, despite its promoter, the Hinduja group, seeking to raise its stake in the bank.With a total capital adequacy of 18%, the bank believes it is well-capitalized and will not look at raising fresh capital unless the core equity capital falls below 14%. Currently, the common equity tier 1 capital (CET1) or a bank’s core capital stands at 16.44%.

18.07 / 19:51

COST UPS Aware Gap Mobile Mutual funds gain ground, but bank deposits reign supreme

MUMBAI : Although growth in mutual fund (MF) investments has outpaced bank deposits, the asset managers have quite a bit of catching up to do as banks still maintain a considerable lead in attracting incremental funds. Banks got deposits worth ₹225 for every ₹100 going into MF schemes in the June quarter, according to an analysis of data from the Reserve Bank of India (RBI) and the Association of Mutual Funds in India (Amfi).

18.07 / 19:27

Citi Premium Oyo checks into premium resorts and hotels space with Palette

Palette. The company said it has curated a range of 'upscale' resorts and hotels for travellers seeking a 'premium experience' at competitive prices.

18.07 / 18:47

Accessibility audit CAG audit of accessibility for disabled in government buildings soon

India (CAG) has ordered a pan-India audit of disability features in government buildings constructed or retro-fitted over the last one year. The buildings come under the purview of the government's primary construction arm — Central Public Works Department.

18.07 / 17:11

COST UPS Amazon Platform Metro Shell Showtime! Will it be costlier cinemas or cheaper OTTs?

₹2,000 for the Saturday evening show. Mind you, that’s the price for a single ticket. At INOX: Insignia located in Mumbai’s Atria Mall, it costs ₹2,100.

18.07 / 15:05

Fighting Assurant MAT Country is our family, we are fighting for it: Uddhav Thackeray on dynasts jibe at oppn

Shiv Sena (UBT) leader Uddhav Thackeray said on Tuesday, in a riposte to BJP's criticism that the opposition leaders were pursuing dynastic politics and were only concerned about the welfare of their families. Thackeray, while addressing a joint presser after 26 opposition parties pledged to get together under Indian National Developmental Inclusive Alliance (INDIA) to take on the BJP in the next general elections, also said that their next meeting will be in Mumbai. «Some people think we are fighting for the family.

18.07 / 15:05

Man Kerala man loses ₹40,000 to AI-based deepfake scam

₹40,000 after cybercriminals used deep fake AI technology and posed as a former colleague in a WhatsApp video call and sought money for his sister's surgery. Radhakrishnan first received a call from an anonymous number, which he ignored. Later, he found several messages from the same number on his WhatsApp with the person identifying himself as his former colleague at Coal India Ltd.

18.07 / 13:49

UPS FIVE Manufacturing CEO Apple Xiaomi Time India ranks among Apple’s top 5 iPhone markets for the first time: Report

iPhone market in the second quarter. Apple's increased focus on distribution and marketing in India, seen as a critical future market by CEO Tim Cook, has resulted in India surpassing Germany and France in iPhone sales.

18.07 / 13:41

9 members of Bandra family go under the knife to sort out ‘weighty issues’

While the idea of going under the knife to lose weight may be intimidating to most, bariatric surgery is one of the most effective ways to lose weight fast. A Mumbai-based family recently hit the headlines for resorting to bariatric surgery to solve all of their ‘weighty issues’. Nine members of a joint family underwent bariatric surgery in the course of seven years to lose excess weight.

18.07 / 13:25

Fighting Assurant 2024 INDIA vs NDA: Opposition leaders exult over name change, prep for 2024 polls

Lok Sabha elections draw nearer 26 Opposition parties banded together under the ‘Indian National Democratic Inclusive alliance’ on Tuesday. The group is likely to hold a third meeting in Mumbai and decide upon the face of the grand Opposition alliance. “BJP government wants to destroy democracy in this country. They want to bulldoze the Constitution.

18.07 / 12:47

Progressive Strategy 2024 NDA vs Opposition: Rival factions hold meetings ahead of 2024 Lok Sabha polls

Lok Sabha elections draw near, both Opposition parties and the BJP-led NDA held strategy meetings on Tuesday. The ruling coalition meeting began in the national capital on Tuesday afternoon with representatives from 38 parties even as its political opponents concluded a two day meet in Bengaluru. The Opposition has rebranded itself as the Indian National Developmental Inclusive Alliance, asserting that 2024 would be an ‘INDIA vs NDA’ clash.

18.07 / 12:47

Target AXY NIFTY Discover SENSEX jio financial jio financial services services place Financial How the RIL-Jio Financial Services demerger will take place - explained

Reliance Industries (RIL) on Thursday (July 20). RIL on July 8 announced in a BSE filing that the National Company Law Tribunal approved the planned demerger of Jio Financial Services. It announced the record date of July 20, 2023, for the same.

18.07 / 10:25

UPS Lowe's Cooper Progressive Gap G20 energy transitions working group meeting in Goa from 19 July

New Delhi: The fourth Energy Transitions Working Group (ETWG) meeting under India’s G20 Presidency will be held in Goa from 19 July, the ministry of power said on Tuesday. The two-day meeting will bring together over 100 delegates from G20 member countries, special invitee countries, and several international organisations, it added.

18.07 / 10:25

Citi Waters Extreme Remark Orange Maharashtra news: IMD issues alert for heavy to very heavy rains on 19 July in THESE areas

Indian Meteorological Department (IMD) has cautioned about the likelihood of isolated instances of 'extremely heavy' precipitation in the Konkan region on 19 July, which corresponds to a staggering amount of over 204.4mm of rainfall in a single day. “A low-pressure area is developing in the Bay of Bengal, which will strengthen the offshore monsoon trough near Maharashtra.

18.07 / 09:29

Citi Manufacturing Parke Welspun One’s second warehousing-focused fund raises ₹1,000 crore

₹1,000 crore within four months of launching its second fund. The company also announced a green shoe option to raise an additional ₹1,000 crore.

18.07 / 09:29

Citi Target FIVE Digital Aware Platform Persona Mumbai Tim Hortons treats, beverages to be available at doorstep in Mumbai via Zomato from next month

Also read: Zomato rolls out food trends platform for restaurant partners Before its launch, Tim Hortons focused on creating awareness through digital channels, especially social media, to target specific sections of the audience and establish a lifestyle brand persona. Tim Hortons has already introduced nine stores in the National Capital Region (NCR), two in Mumbai, and six in Punjab and has ambitious plans to further expand to Pune and Bengaluru.

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